Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin
Is this the impact of rising bitcoin prices?
Yes it might be possible. The increasing number of new people to the field of cryptocurrency maybe due to the heavy increasing price. Bitcoin is now on the speed of rocket and it will surely touch 10,000$ in maybe some months and then 100,000$ is not too far then. Bitcoin has the immense growth and have attracted many people to this new world. Bitcoin has become the new job for the unemployed and it also attracts many people to leave there job and start there field in bitcoin. If you have proper knowledge, skills, investment then you can surely earn much profits in bitcoin. |
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
Bitcoin is now spreading a lot with a lot of new users each day. Bitcoins have been great in terms of investing or earning some good profit online. Bitcoin has been a part time as well as full time job for many people here. If bitcoin is known to each citizen of each country then the price for bitcoin will reach moon. Most of the people would prefer investing in Bitcoins to increase there profits. Bitcoin then can be untouchable. It will take some time to reach everyone but if once it reaches everyone then no-one can stop bitcoibs from blooming up. The price will be unexpectedly high. |
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I hope in future we no need paper money and credit cards anymore, just only payment prog in phones
Yes, and it is the reason we are entering the digital world. Paper money will be surely been used in some or another parts of the world. Not everyone can use digital payments. Lack of technology, knowledge can force people to use paper money instead of risking their money in digital payments. Even now, some applications are been created to make online payments including various wallets, etc. Crypts can also be a part of this new revolution but it would take double time to explain people what cryptos are. |
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I think bitcoin in asia will be popular fast, because in asia is still high amount of poverty and unemployment, so bitcoin alone can be made source of income.
It is. Bitcoin is so amazingly making fame in Asian countries. Reason is not like the poverty and unemployment but the same as in other countries. People just have to make their life standard better so they get to know about earning on bitcoins. They have started and I believe it will be a strong buzz for bitcoins. |
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how do you determine the value of a coin or project? (against bitcoin) it's a broad question I know, but what helps you determine the value of coins ??
Well you can determine the value of coin by considering the fact that how it is behaving in the market. Secondly, it also depends on the number of individuals which are dealing with that coin. Also, how much popular that coin is amongst the investors also matters a lot. |
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Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  I will remain with the both of these ways because both of these two are important in our life . Because here the trading is a work of patience Do work with your money to make daily earnings in better amount , In the same way we need to make enjoy with our money because , why we are making money ? Thant is only for enjoy and here in my opinion gambling is a better thing to enjoy because here we have full risk to loss our bet but still we have the same and equal chances to make earnings , so with the enjoy we can make earnings also. Here personally i am doing trading in bulk but also doing gambling and most of the times i am making profit because i am using some stretagy to increase my wining chances in the betting/gambling . Most probably i make gambling for the sports games because there is no limit for a perfect gamblers to make gambling at every turn of the game that are happening in our practical life and most of them are not fixed ,like games in casino . Best is to be in both. Me prefer gambling (sport gambling) cuz im little better in that field, trading go but little less mainly looking for opportunities for some income and try to remain in main coin for some investment. Right about strategy in both things. Every working strategy is good if the income is good. Jack of all trades is master of none. I hope you are aware of Bruce Lee, he is a legend. One of his saying is, "I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times." Hope you have already gotten my point. I prefer trading over gambling as it has proved to be more helpful for us. |
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You need to set yourself a limit on the amount that you can safely lose and you can enjoy the game process without fear that all means will be lost and will not have to live on.
This is the best way to gamble. It keeps you safe from great losses and you can also be lucky to hit upon a victory. Also, you are enjoying the idle time (considering you have). Limits are important for survival. Anyways, I keep these things in mind when I gamble and I don't have to regret for my losses. Without a limiit you will always bust if you don't stop. This is the reason for the house edge. The casino must profit for the long and lucky players can profit off the short run. You also try be as calm as possible even though it is very hard and take some time to think of each bet amount you wage per bet. Have some sort of system. Take your time and be careful. Never spend what you can't afford to lose and you will be fine. Excess of anything is fatal. Even free birds have limits. In order to survive, we must set certain boundaries for ourselves. Gambling is perhaps a sort of game that can convert someone's life into a complete hell if he shows carelessness in his acts. Keep Calm and Put Limits! |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
If no body wants to buy bitcoins,it would start losing its value.But i don't think that it would happen.Demand for bitcoins is increasing day by day.Mass adoption of bitcoins is taking place.New countries are coming forward to accept bitcoin legally.So no need to worry about that. I think you are right. The bitcoin will not lose its value because the demand of the people to bitcoin is continuing to increase. I can say that the demand is really a great factor in the price of the bitcoin. it will never lose ots value,even split happened it seems nothing. Now it continues increasing and it can sustain the trials that may come for it already gained supporters. You have rightly said that Bitcoin will never lose its market value. The way we have seen the graph going up in past 7 years, it will be injustice if we say now that Bitcoin will lose its worth. Even though if comes a case that Bitcoin prices start going down, that too will not last long and we will see the graph going up and up. |
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I highly doubt. USD is a big currency, having a physical and expensive market price are big factors. USD is one of the highest currencies because its country is rich. I think, Bitcoin is not yet even close on surpassing Dollar since it is being used by lots of countries and people. It has a large community , as I've said, it is used by lots of countries and Bitcoin is only legal to some countries. Which also means that USD quite on different level. At present bitcoins are not able to replace dollar but within a score, it will probably happen. Though dollar has strong market reputation but bitcoins too are not less than anyone. They are the king of digital currencies. With little more support and increased common use, bitcoins will stand next to dollar. I have the similar opinion. Dollar is nothing immortal. There are many currencies that are far better than dollar and have the potential of serving world in better way. Bitcoins are one of the best examples. Soon they will get legalized by the invincible support of people, replacing dollar forever. We just need to wait and watch. For sure it will be in coming years. Dollar have not been so amazing so far. For the world is accepting bitcoins so fast, you would be astonished to see the dollar just disappearing slowly and gradually. As people are getting in business in bitcoins, it will just prevail over the world currency, we will see. |
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Governments and Bitcoin to me are at variance with each other because Bitcoin is a decentralized currency without the direct control of a government or a central body and so it doesn't have any correlation with any central body or government.
In my opinion I don't want to have any relation on government and bitcoin, because if it is happen they have a possibility to take the government the leadership on bitcoin. Also they had a chance that bitcoin was use in corruption. If you want to make bitcoin the super currency in world then you must have to accept the fact that in upcoming years governments will make some systems and schemas to try to get this under their umbrella. Concept of bitcoin is based on decentralizations but as far as fame is concerned, governments would at least try. |
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I agree with everyone who says both. Yes I myself am engaged in both day trading and holding, I'm not sure nor do I advise this to anyone but ever since I started trading I have been engaged in both. Only a few days ago when I started to think that I made a wrong decision by investing in a coin and holding it for this long that the coin started to pump and I'm in profits now so I will continue following the same strategy and I'll continue day trading and holding both at the same time..
Actually it depends on the individual who is doing. Is he willing to doucs more on two thing and would he/she can manage both things at a time. I suggest if you are newcomer, don’t go for both jut stick with one more carefully, but yes for an experienced person in this field managing both is like chocolate cake. Enjoy. |
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Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!
Split 90% of your funds between bitcoin and bitcoin cash, the rest you should invest in cons less than $1,with a good project and development team. Do your research, there are a few. The profits from your bitcoin investment will cover what you invested in the alts within a few months, the rest is a gamble that could pay off big. Investing your money in Bitcoin cash is bad decision. Bitcoin cash will be falling soon because it won't be like bitcoin price atm. Bitcoin cash just lukcy because it was "created" when segwit/BIP9/hard fork happened on AUG 1. I never believe with this coin because this is same like other altcoins. Considering bitcoin cash as a place to invest is stupidity, I would say. Bitcoin cash can never the level of bitcoin. Bitcoin cash somehow get a bit fame and it became lucky. Nothing more than that. It will vanish soon. Just like other coins, it holds useless features. We should keep on searching for better things, but I believe that bitcoin fulfills its users’ needs and it is the most useful way of trading. Bitcoin cash is just a pump and dump coin and it is an altcoin and not clearly like bitcoin so if you want to generate some cash from a pump and dump then bitcoin cash is a good option but if you want a serious investment which you can put your serious money then bitcoin is still the best way to invest our money even though it already more than 7 years, bitcoin is still the best option. You are right. Bitcoin cash is just another altcoin trying vainly to divert attention of people from bitcoins. Just like many other altcoins, the pumping and dumping phases are not for long periods. We need to invest into bitcoins for enjoying real huge profits. Without bitcoins, we are unable to stay happy in crypto world. Hahahahaha yes without bitcoin you are not going to be happy in life. This can be true for many cases but not for everyone. Still it is so sure about bitcoin that it has a fantastic magic of changing the lives of people who just started it from scratch and now they are well-beings in living standard. |
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I think we can calculate how much we get with the hardware we have. While you have good hardware and it produces well, I think it remains an advantage.
Mining gives huge profit as far as the electric bill is under control and the processors used have really a good speed. In order to handle large number of transactions, speed and processing power are required greatly. I think it is worth trying and a better way to earn bitcoins than Signature Campaign. |
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project looking great dev!v ery attractive To be very honest this is not attracting at all but yes since the developer and the team are actively answering questions it makes me believe they are at least serious about their project and hopefully they will implement what they are promising. I was searching for a roadmap could not locate it either. |
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I also like to join waiting list....
Bitcointalk Name: BlueStackz
Rank: Hero Member
Current Post Count (including this post): 568
BTC wallet: 1GiRJPuiJHHqaTZ38HdyLH1xD4VG4BhFp6
Thank you.
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Hello sir,
Kindly consider accepting me on probation. I can do monthly up to 100 posts. I guess you are accepting applicants with more number of posts. In next 2 or 3 months I will be having posts near 1000 for sure.
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Love to join your campaign,
Username: BlueStackz
Post Count: 572
BTC Address: 1GiRJPuiJHHqaTZ38HdyLH1xD4VG4BhFp6
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I did not receive payment for avatar, I have made 15 posts as per the requirement. And my concoin addy is not getting updated on sheet but I have added in my application.
I have sent you PM...Kindly check.
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I think as long as you don't exchange them into fiat ,you can't to pay taxes,but if you have to exchange them into fiat,then you have to pay taxes because the gov know your money!
this depend it's controversial, some government may track your bitcoin address to see if you are going to use them to purchase soemthing and avoid paying taxes they can do this if you use some known exchange which have link with are controlled by your government, but anyway i doubt you can live 100% on bitcoin, and try this way to avoid taxes, not feasible for now I’m not sure it would be that easy for a government to track bitcoin usage and whether or not people were trying to avoid taxes. I think it would be more work than the pay off they could potentially get my doing it too. But, tax avoidance isn’t really why I at least and surely most people use Bitcoin so I don’t think regardless of the outcome that it really matters. A government needs taxes to run anyway. |
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