I plan on HODLing my precious bitcoin for long term profits. It is tempting to sell it right now, but I believe that the bitcoin value will rise dramatically in the next few years which is why I am aiming for long term huge profits.
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This does not surprise me. The Chinese government have the power to influence the cryptocurrency market and that is a fact(Look at NEO). I feel sad for the people who bought a ton of altcoins right now since this is a very bad time to buy. Buying and HODling is still the best strategy though, according to me.
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The deeponion community is clearly the main reason why it is surviving through all the scams and negativity in recent times and that is why I think that this coin will go a long way and appreciate in value at a constant pace.
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I am personally loving the deeponion community currently. I have observed a positive atmosphere in the community meant to help promote the coin as well as earn money with minimal effort which is a big plus point to this coin. At this rate, I think this coin will become very successful.
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According to me, the best investment technique when it comes to Bitcoin is 'Buy and HODL'. This long-term investment technique is the best way to most probably get great profits with minimum stress. Day trading and other techniques on the other hand are problematic and lead to a lot of stress and losses due to the crazy volatility of the cryptocurrency market.
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Simple answer here is that they believe in the value of bitcoin and they are confident that its value will keep soaring in the future. There are so many reasons to support their confidence like the supply and demand logic, positive opinion regarding bitcoin by majority of the world etc. I too share this same opinion.
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That boy became famous due to his razor sharp instincts and heavy confidence in the value of bitcoin. Kudos to him all the way. I personally would most probably have bought an xbox or playstation with that money back in the day. This is what you call smart investment for a beautiful future.
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Bitcoin should be primarily used as an alternative means of payment for online and offline transactions related to goods and services. It would coexist along with the physical methods of payment(fiat currencies) and offer an alternative means of completing transactions in a safe and secure manner with very low taxes and no government interference.
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The best optimistic approach here is to simply buy as many bitcoins as you can and HODL. Stop worrying about what is going to happen in the future since no one can predict the future. Bitcoin value may go down or up because of different reasons like hard forks, segwit etc, but in the long run it will definitely rise according to me due to the supply and demand logic. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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There are several ways you can go about regarding this. 1. You can use bctalkaccountpricer.info to find out details regarding the account. Just don't believe the estimated account value. 2. You can check the auctions part of this forum and find out what prices others are selling their accounts for. 3. You can PM various account sellers to learn more information regarding this topic.
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Bitcoin is primarily popular in Asia mainly because of their huge populations. One example to prove this statement is the rise of NEO. The Chinese people are the primary reason NEO's value has surged like crazy in the short-term in just a few months. They would never have learnt about NEO if bitcoin was not popular. Bitcoin led to people understanding the world of cryptocurrency like never before. The world has understood the true potential of bitcoin and things can only get better from here. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Just like the others, I too feel that the best thing to do here is keep buying and HODling. Bitcoin is a long-term investment which no matter what happens, will keep rising overall. The value of bitcoin just keeps appreciating over time since the supply continues to decrease and demand continues to grow.
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This is truly positive news. Uber is a big thing in my country(India). Ability to use bitcoin for tipping is awesome. This is help make more and more people become aware about bitcoin and the cryptocurrency world which would in turn help the value of bitcoin rise even further. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoin is obviously a digital currency which can be exchanged into physical fiat currencies. Bitcoin can be utilized for making day to day online transactions on many websites and offline transactions at certain stores. There are bitcoin atms in certain countries around the world which will keep increasing in number over time. All of this clearly implies that bitcoin is indeed money in a digital form.
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I truly believe that cryptocurrencies like bitcoin can make anyone rich, but luck and time are the main factors involved here. Everyone knows that someone who bought or mined 5000 bitcoins during the early years are now multi-millionaires if they held them till now. This is a long term way to get rich instantly. On the other hand, someone who bought or mined cryptocurrencies like NEO, Ripple etc in large numbers an year back would have become rich instantly which is a short-term way to get rich through crypto. This is the reason that many like me feel that cryptocurrencies like bitcoin are a digital gold mine.
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I don't think that digital currency can replace paper currency, but it will act as an alternative method of payment and coexist along with paper currencies. Personally, I regularly transact through both digital and physical currencies on a regular basis and I am absolutely loving it.
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I feel that the majority of the countries around the world do not view bitcoin as a threat, but instead they see it as something revolutionary. Time has proven that and more and more governments are beginning to understand its value. They would still like to regulate it though and impose a few restrictions here and there. In the worst case scenario, if they do indeed decided to ban it, it would provoke a huge negative response from the public which would damage their reputation and their chance to preserve their government which means that this possibility is highly unlikely.
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I feel that one of the best benefits of bitcoin is anonymity which fiat currencies like USD cannot guarantee. We can anonymously conduct bitcoin transactions without the shadow of the government watching us. On the other hand, the government can easily track us when we use fiat currencies.
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I am using my bitcoin to: 1. Invest in HYIP programs 2. Purchase other cryptocoins 3. Trade in exchanges like Bittrex, Yobit etc
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I feel that Segwit and heavy traffic through the blockchain are causing a slowdown in the bitcoin network leading to such high fees and long transaction times. This is a problem, but bitcoin has survived bigger and far worse problems than this. I am optimistic and I feel that future developments in the bitcoin network will resolve these problems.
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