In terms of security from stealing, yes. But I would add something else. If you hold your 10$ in cash, you will be able to buy less goods next year for that because of inflation. You can get small interest if you hold that in bank. But it is better to invest in BTC than to hold that in bank. My point is that BTC is more secured and better way of holding money.
This is really the key feature of bitcoin on which you do really have the full control of your money as long you do have the keys on your wallet.No one would able to take it from you as long those keys arent exposed and no one did able to know that. Talking about price depreciations banks and bitcoin would really be different when it comes on storing money and its potential increase on a single year. Bitcoin is really much better. Only a fool can prefer banks over bitcoins. Bitcoins are safer than banks, many banks in the history got hacked and people lost their huge amounts. We can’t totally rely on banks for the safety of our money. Bitcoins present less risk of getting hacked or robbed. They are safest way of saving money. I will appreciate to what you have said. Bitcoins are not far more secure way of keeping money but also a golden chance to increase the worth of what you have with each passing second. BTC is much more reliable way of keeping money. |
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I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?
Please share your thoughts. Thanks.
The easiest one is just buy bitcoins and wait until the price of bitcoin increase then sell it and enjoy the profit. Actually there are many ways to invest in bitcoin, you also can invest on altcoin, ico project and many else. You are a student, so i think you don't have much money to invest on bitcoin but it's okay profit is profit. If you want to earn some bitcoin to invest you can try join signcamp and twitter campaign. You are right. Buying Bitcoin and then enjoy what you get from it. But it is only possible if you had enough resources to buy a Bitcoin. You can still earn through Bitcoin even if you don’t have much resources like through Signature Camp and stuff like that. |
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I think every currency is used for illegal actvities, even cryptocurrency is being used for that reason. I think this usage, as been for a long time, so it won't affect badly on the currencies. USD is one of the most powerful fiat, and it is more and more regulated to find these activities. Some of these happen,some might be made by big guys in their countries, so nobody can do anything about it.
That’s the dilemma that each and every currency is used for illegal purposes no matter how safe and secure it is presented to the world. USD is again just a currency and definitely is used by evil minds in smuggling etc. we can never blame currencies for wrong activities. All fault lies on our shoulders. |
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I belong in the third world country and I believe that those who are involve in bitcoin here are having a better life than before so I think bitcoin is helping us here in so many ways. First is we became financially stable and we can also use bitcoin as a payment online that gives us convenient.
That’s nice if bitcoins are helping you that much. If you guys keep working with bitcoins, they will help u a lot in improving the economy of your country. Bitcoins will improve the financial statues of the people eventually leading to the stability of the country economically. |
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Good news dude ! Bitcoin price is recovering little by little . From 950 $ some hours ago to 1066$ now ! Buy now till it's under 1100$. https://blockchain.info/marketsIt is currently priced at approximately 4100$. Bitcoin is volatile, and change on its market value from time to time is normal. The usual scenarios is that, there'll be a dump for a day and eventually pumps on its price will take place. It happens often that it sounds usual and common in the ears of those who are not new in Bitcoin. fluctuations are the best offer from this investment that's why many big players are now into it, bitcoin receivers when correction happens and it will bounce back much stronger see how the market plays its just a matter of trust and how will you hold, better to wait until it reach more and more new ath from time after time. I am also holding my bitcoins with the same hope. I know they are going to increase further in price very high in near future. Let us all focus on grabbing bitcoins if we really want to be successful in our lives without flattering our rude bosses for promotions etc. I am doing trading with altcoins but saving bitcoins for future. |
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Probably kids understand bitcoin, if there is a lot of pictures in explaining the concept of bitcoin. they easily understand what bitcoin all about because kids want also to play. if there is a lot of funny videos when you are explaining to them, they love to watch and listen to you discussion right away. They eventually kids understand. try it if ever..i hope through my message kids understand yet.
You are quite expert at handling kids and know very well about their psyche. Undoubtedly kids are very much attracted towards visuals and that too colored ones. The usage and importance of bitcoins is if explained to them via some animated video or cartoons, they will within no time grab the idea and love to play for bitcoins. |
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Its hard to hold onto a coin with this volatile market.
Had everyone know that it would grow like this we would have all hold onto a few coins.
Luckily back in 2015 i purchased 5 btc but now i have only a 1 btc but its great that i hold onto 1 rather than selling all off.
Hope the price increase again, in the meantime i am trying to get more by trading my 1 btc.
Good! Quite lucky you are if you holding one complete bitcoin currently. You should keep holding bitcoin for next few years to make good profit. Bitcoins are nothing to be worried about; we all know their potential of pumping damn high. I wish I were lucky enough to hold 1 bitcoin at least. |
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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.
of course, it is not impossible for bitcoin to lose its value, bitcoin is a crypto currency, bitcoin is technology, and some technology could fall and forgotten. If you remember Nokia, you will think that it's technology couldn't fall because almost everyone in this world are using its technology, but what happen ? Nokia fall. Indeed! To maintain your position in the market you need to keep working hard consistently. With every passing year, you need upgrade your technology to keep people interested in your product. The example of Nokia is valid and same happened to yahoo. But I don’t think so bitcoin team is dumb enough to let others overpower them. They must have learned some good lessons from these brands. |
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Btctalk name: Tungsten-1
Rank :Full Member
Current post count: 241
BTC address :1BHoEcXnDyXRKmsP9hu2GEAkfxEgKW4fCL
Wear appropriate signature :yes
Hi Yahoo! I like to join this campaign please accept me .
Thanks
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I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?
it would be great but the fee and wifi connection will be the problem Don't worry dude if the taxu driver accept bitcoin that is very easy for most of the people and also me because nowadays many earn income from bitcoin but the acceptance of bitcoin is very small quantity of it so it is really very easy to pay him money like if he accept bitcoin. So otherwise you also talking about internet connection I hope that will be no problems to us of internet connection because nowadays internet is present in most of the countries. |
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Username: Tungsten-1 Rank: Full Member Post count: 239 Profile link: https://bitcointalk.org/index.php?action=profile;u=991980BTC Address:1BHoEcXnDyXRKmsP9hu2GEAkfxEgKW4fCL Hello Sir! I am also in Soma campaign but it has ended so please give me the opportunity because I want to work with you again, signature will be change very soon. So Sir please accept me. |
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Well, I haven't done any sell yet but this thread has open my eyes on the potential risk of being too emotional specially seeing a down trend of the market price. I will keep all the advise here in my mind and I hope that I will not do anything stupid when it comes to selling. Its really hard to control our emotions, but I will try to keep it check.
When i panic. I sell my coins too low because the thing is i was being nervous i dont trust the coins too much thats why. I have been regreting selling my coins to early because now the coins that i am holding is now bigger than my expected amout of btc. So i need to be learn not to be panic. A lot of people are feeling same with you, because they are worried to lost or get trap by the short dump of whales. And try to sell their coin with hope to grab the more coin at the cheap price but they are know that already a big mistake to sell their coin at the dump. these worries lead the person to be emotional and make them to take wring step, so they should be a man and tackle these kind of situations and they have to think smartly, if they make decision with emotions then definitely they loss and regret when their emotions gone. I don’t understand you words about whale, I mean who do we get trapped in whales? |
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What is your definition of a whale? How many BTCs do you need to have to be a whale?
Others here are defining literally what whale is, oh the irony. Well for me the definition of whale in terms of market whether it's with bitcoin or not. It's a big player, certainly a single person, groups or companies. I don't have an exact amount or idea on how much they had been holding, I guess 1,000 BTC is their minimum. That is pretty good amount. I mean a person who have 1000 BTC is billionaire and defiantly he changes the whole graph of bticoin price if he wants, like if he sold his bitcoin with high price then the price of bitcoin rises, if he dump all hi bitcoin then bitcoin prices falls, china is the whale of bitcoin market and japan is on his way to become whale. |
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I think you need a break brother. Your mind right now isn't functioning well. You have a lot of thoughts, better pick it up and come back when you're full again. In the mean time, study your trading history so you'll know your weakness and strength. Learn from your mistakes and avoid doing it again. Money is money so its a big deal if we lose it. And also just be calm when trading so your emotion will not rise and study the market very well. Putting up a limit or target into price will also help you as you can avoid to sell in low.
yeah you are right, taking I break will refresh your mind, and then his 6th sense work properly and he can easily predict the graph movement, In starting I was lost almost 30% in trading but I never give up I learn from losses and realized my mistakes and then I step back into trading and know I get pretty much profit from trading and also spend my bitcoin time by time, becaue I don’t have to worry about my bitcoins now. |
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No one has expected such a sudden hike in the price this very month but the lift has made excited and I anticipate it will be getting 5000$ in the and of this month only. Moreover, it may rocket up to 10000$ till the end of the year.
It's very quick to see the price of bitcoin, too quick and even me I don't expect that we will be facing the price of bitcoin this August at $4,100. And for sure we are about to see the price at $5,000 maybe by the end of the month but for sure this year. It will surely be a great achievement for this month alone if we will be able to see that price. My prediction wast at least $5,000 by the end of the year and it seems like Christmas comes early for us. Keep watching and holding guys, it's what we are wanting to see now. The price went down at $3,700 this day and this is happening most of the sudden and it's already a normal trend in the market of bitcoin. For sure the price of bitcoin before and after Christmas for this year, the price will get higher. Look at the current market price again like this I hope you never feel panic because it will make you lose, all this is the market trend of bitcoin there when its up and down, all this just about time, if you then buy at the top price You should just hold it or if you do not buy lg at the bottom price if the price upanda will be able to again, take advantage of all the moment in the market bitcoin surely you will be lucky, because now this bitcoin already touch the price 3883.6 $ hope your day fun Don't worry about me pal, I've learned a lot from the past and I don't have to panic. I've got still 1 bitcoin after selling most of my bitcoins at quite lower price from today. And I don't regret it because it helped me a lot from it and I bought a lot of things that my parents benefited on it. Hope this will be continuous, I'm already good that it will be stable now at $3,000-$3,500. Agree with you pal and I could salute you . First why should hold it to gain more profit if you are really in need of money to buy important things, you sold it for a purpose and not for nonsense things but if you dont need money then.that is the time on focusing making profit from it . As my self if I need money I will cashout it no matter the price is Price increase happening with bitcoin is unpredictable and this happens quiet commonly on certain time interval. The price probably increase further more, based on which holding is mentioned as profitable. But when one is in necessity it's good to sell or cash out without giving consideration to the price of bitcoin. True when people already need cash money would have to sell their biotechin without having to see their bitcoin selling rate yes this is what bitcoin meant for, to help its users in need. This is why many people prefer to invest their savings on biotin because they now in the time of need bitcoin price is much high and they can draw money more then they want because they keep their savings in the form of bitcoin and bitcoin price rise up so that their savings also rise up. |
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50/50 is enough but it can changed if your salary rate and everyday needs is high. In every investment there is sacrifices and i think your ready to do it. You can saved some money while online, for it will also take less of your nights habit, so it will save just like that.
Yeah you are right, for better investment we have to sacrifice. We sacrifice our dreams, we sacrifice our needs, and we sacrifice our wishes. From all these sacrifices we earn a reward in the form of profit from our investment and when we get huge profit then it is the best feelings for you. So divide you salary in the start then after some time you don’t need salary because you will become business man. |
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The reason I invest bitcoin is:
1. future payment system
2. very profitable
3. faster and cheaper transactions
There is just a little problem for number 3 point though Bitcoin is right now upgrading itself so that soon transactions can indeed be so fast like a lightning or a flash. This is one concern for many that limits Bitcoin as a currency because of slower transaction turnaround. Hope things can be better next year. yeah transaction will be faster in coming year but what about transaction fees?? Transaction fee is much higher now a days and I think If bitcoin continually take increase at this price and as well as their transaction fee then users my back off because this will make profit so less, I hope this problem is solved in next year. And limited bitcoin is the reason why price is getting high. |
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Well, this is a smarter idea than continuing and maybe lose all of your money. Some people lost millions (seriously I read about a guy who lost that much) and you are smart for knowing when to quit!
quitting is a giving up, so you congratulate him on his giving up? Huh, I think it is not good to quit trading because loss the part of trading, you can never see any guy who is trader and never lose in his life. You can only learn from losing in trading, when I was just started trading I loss almost all of my coins but the thing I do I never give up and now I have pretty much amount of bitcoin which I earn prom trading. |
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No, it is not a good idea, even though Bitcoin can be consider as a safe investment,but it is really a good idea to split your investment, at least when something happened you won't lost it all and who knows your other investment can give you better profit, at least put it into 2 different investment
It is a good idea, because when you invest in multiple coins then it is much difficult to keep an eye on their graphs and their price fluctuation, but if you keep eye on single coin then it would be lot easier to read all their fluctuation and you can predict the peak price very easily and you can make pretty much profit from it, well it is also matter of luck but smart move can make you rich. |
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yes now all right again.
Thank you guys
See they were thinking bitcoin to be end on 1st august but it is about to be the end of august bitcoin is still here changing life, improving life styles giving hope. I remember the time when I started using bitcoin years back it had so low amount that no one ever thought that it would last for even 1 year but still it survived more than year. It will still survive until the mankind is here to support it. Nothing can be happened to it. |
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