Bitcoin's price had not been predictable since that exchange hack took place... You must have heard about Newton's law, that whatever goes up, comes back down... That law is applicable reversibly on Bitcoins, that whether it comes down, it will go back up steadily and grow slowly... So there is no best time to buy bitcoins, you can but it whenever you want and you will still be in profit some day...  That's true and you can always expect good profits in long term, so its always good to have some bitcoins in wallet to make some really good profits from it in future. yes i am agree with this, and if we have money, buying bitcoin is a good idea to make an investment in long term, beside that i think bitcoin is like saving money for another purpose and its not have devident or fee, its depend on the rate, high and low rate. but i believe that in future, the rate of bitcoin will be increase because of supply and demand of bitcoin and there are more people to know bitcoin and use bitcoin too. |
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That is for sure. Bad people especially those who wants to be rich would do anything just to have many money and have a luxurious life. And it applies to anything not just bitcoin. Although it is much more easier for them to do illegal activities since bitcoin is hassle free and really good in concealing your identity.
i believe there is still more people that will be a good person and not thief and do illegal activity. maybe in out there, bitcoin is used for illegal activities but i am sure that its more positive activities that people do while they use bitcoin. and for the link, its only 10% americans not all americans, so this will not be the same, and i still believe that many people will using bitcoin for good purpose which is to make money. |
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I just think for retire in younger and enjoying my life and I will always use bitcoin until a long time later cause bitcoin is very useful for me and in my life and can become the best way for storing my money besides of using gold, silver, and deposits.
if this is happen to me, i will still use bitcoin until the last of bitcoin  because with bitcoin i can make more money to increase my account bank. and the other side, i can use bitcoin for investment and trading with big budget so i believe i can make more bitcoin from there. |
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It's hard to say exactly when we can expect the price to fall. I have seen people screaming that bitcoin will hit 1000 usd and more after halving when in fact it crashed after the bitfinex hack. It's just speculations and we can't confirm anything until it has happened. I am expecting bitcoin will have a good support at 590/600 USD levels and it can keep inching up slowly to 700/800. Expect volatility after some big announcements or news which we can't say when they will be out.
i think we can expect when the prices is to fall in the market, because with the market, we can see the movement of the rate, is it up or is it down and its depend on the people on the market and the big player. the big player which have bigger bitcoin in up to 1000k, will be easy if want the rate is going to up and down. and they can control the rate, but the big player will do the best to make sure the rate of bitcoin will be stable and increase with slowly but sure. it just in my opinion and i am sorry if i am wrong. |
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I use Bitcoin for investments and as a means of payment on the betting sites
Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site. There are a lot of uses of bitcoin. But I think using it for gambling is the least of it. If you just gamble your bitcoin, then you are just losing it for nothing. It is better to invest it or just spend it on something, at least you get something. You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something. Well for me it is really a good thing if you are just going to be balance with it. Just like doing both, saving and investing with it. So while you are holding some bitcoins it is really a good thing while you are on that move. You are going to have some investments just like trading, so that you can maximum your profit. Yes its good to invest them in trading where it will give you an opportunity to make profits, holding doesn't involve any risk but it will not increase your number count in future. i think beside for trading, we can hold bitcoin in our wallet while waiting for next high rate and selling for that rate. the number of bitcoin will not increase, but the amount of fiat will be increase and i really this because if the rate is increase, i can get more amount in fiat with the same number of bitcoin and bitcoin is really a good investment for long term. |
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Both of them are required, tbh. Besides investing, we need also to save some of the earned money , for future needs...
I consider saving bitcoin is already investing so that is what I am doing until today. And I would that I have been consistent for saving it, because if there are some things to spend my bitcoins. You are going to be a responsible person if you know how to save your money because you are valuing it and you gave importance to it. saving and invest would be better. if you want to be better again, buy bitcoin and hold it for a while, and after some times, the price will be increase rather than you buy and its good for your bank account. and after you make withdraw for selling bitcoin high rate, then maybe you can buy golds to make another invest so you still have bitcoin and the other side, you can have golds too, and this is a good long term investment for you. i will do this if i have much of bitcoin in my wallet and i will buy gold too as investments. |
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Need to think twice before investing my coins anywhere, as there are many scammers around that makes me think that whether I should go for it or not, and I have taken risk to invest them on Poloniex, hoping that every thing will go fine.
Takes time to trust a site. I like start with small amount in every new site. Even if it has been around long. Yeah that is the right strategy to follow, spend little money and more time on those sites and ensure that they are paying regularly, and if everything goes fine then we can start increasing our investments. and if we are get loss, we only get loss with small amount, not all of our money. because every business, wether is online or offline, its should have risk and the more value that business, the risk is increase following that business values. i am prefer to stay with poloniex and lending it to traders, and i think the risk its low and the interest is low too but for me its not problem and maybe i will continue for a while and see whats will going happen in future. |
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Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
With Bitcoin you can make more money which can lead to more cash in the end but I think that currency wise cash at the moment is better. There are still allot of stores that do not accept but every store expect for those online except Bitcoin. Because bitcoin nowadays is only good for investment because there are less stores who are accepting bitcoin, we are just in the early phase and you cannot expect everybody to adopt, we need more time. so what about buying gift cards and then use it to buy in the following stores? i think the result will be the same as you will receiving the stuffs that you just expected from the beginning and saying bitcoin only good for investment is definitely wrong,there's another feature that can make your life more easy with bitcoin For me it's more complicated, if you using bitcoin buying that stuff, it's more simple because you don't need bring your wallet and i'm sure people want fast and instant payment in the future. thats true, with bitcoins it would be way easier to pay for anything you buy because you would just need a phone LOL, it is not easier for the majority dude, bitcoin is good only for people who likes to transact online but more than half of the population in this world does not transact online, they are getting use of using the simple way to transact which is using their fiat. I think they are using bitcoin to make a good profit they are buying bitcoins to use in trading gambling or to use in their business online.. Buying bitcoins is investment. not only for transaction. i am agree with last quote, and yes there are many of us using bitcoin bitcoin to make profit and then convert it into fiat. and for us which using bitcoin as trading, we only want to make money and then withdraw the bictoin into real money so we can buy anything we want. |
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After see this topic paypal or bitcoin?, i'm curious who have paypal account these days. Do you still have paypal account even though you have bitcoin? PayPal and bitcoin have different usages many websites accept PayPal but not bitcoin so I'm that situation we see bound to have PayPal account. PayPal account dissent give any profit by holding but by holding bitcoin in wallet we can earn by selling them when price is high. So paypal and bitcoin both are mandatory for me. Here same with me. I have PayPal account since 2013 because I have infolinks where i get payment only through PayPal and sometimes i have Tanner money to another country so in this scene paypal is mandatory but got money purpose i use bitcoin. paypal is the most used by people which have business online and i am using paypal too since 2009 until 2015, because before i know bitcoin, i work with blog and until now, but now i am just too busy with bitcoin so i think my blog is not update again. and now, i still have my paypal account but i think it needs to renew on credit cards number so i can use it to shop online. in the past, i only using vcc for credit cards and its work for me. |
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there are many faucet sites, but im sure you won't like them: pretty much a waste of time.
That is the reason you should try signature campining, but you need a good account for it. ( i mean with good rank of course )
you just better buy some btc and invest them, or trade btc/usd or any other alt/btc
not really, if you play bitcoin faucets, yes they are really waste of time, but if you play altcoin faucet, i think you will get good chance to selling it to get bitcoin and then convert it into fiat so you still have chance to earn money with bitcoin. |
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Yeah, it is worth for me, because some of my business transactions are transacted using btc, also the payments of some of my bills, thats why btc has been very valuable, in my opinion.
Some but not actually all because we are in the state that people are not yet familiar with bitcoin, they only know and trust the fiat regulated by the government, but as we are earning bitcoin, this is worthy to us because we consider it more as an investment rather than a currency. its true and i am agree. bitcoin is really worth for me, because with bitcoin, i can make money for my life and i can use that money to buy something. i hope that in the future, bitcoin will become global currency and more people will use bitcoin as payment like fiat. so how luckiest we are to know bitcoin for now and for future and make bitcoin as our investment. |
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my plan is simple, i can earn bitcoin as much i can, and convert it into fiat and transfer it into my bank account. and i am sure, from time to time, i will be rich than before. beside that, i want to make bitcoin as long term investment so with increasing of the rate of bitcoin, i can convert much money from bitcoin into my bank account.
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both have positive and negative and i think it could not be compare because bitcoin and paypal is different although bitcoin and paypal is for transfer and sending fund from one place into another place.
but for the data confidentiality i think bitcoin is better than paypal and for having bitcoin and paypal is more easy for bitcoin and we don't have to make verification for having an account besid on market exchanger. and i still using both for my online business. paypal for accepting payment from buyer which using paypal, and bitcoin for accepting payment from buyer using bitcoin.
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I use it more for investments, it has been quite useful for this purpose. But for purchases, I have not used that much, except on rare occasions, buying games on the Steam service, for example, which is now accepting Bitcoin.
Neither do i use bitcoins for purchases, mostly the reason for that is it is not accepted anywhere in my country nor i can buy anything online with it as the shipping fees are a lot and i cannot afford it, so i can simply use it as investment or convert them to fiat and then use them which i'm going to do soon. Yes shipping cost is a big headache in purchasing anything online, so I have dropped the idea of buying online using bitcoins, mostly I prefer to sell them and convert to fiat when I see higher price. i think you can also use bitcoin directly in your local market for shopping if you have the facilities of using it, and if there is no facilities in our area mean no one is ready to accept bitcoin in your local area for shopping then you really need to introduce bitcoin in your local area, so that people may start using it and hope that after some time you will be able to use bitcoin in your local area for shopping. it is easy to buy in local market if there is available store but i think for now its difficult to find that store because not all store in offline or online will use bitcoin as payment. and for me, i use bitcoin for long term investment and for convert bitcoin into fiat so i can use the real money to buy something in my city. but if there is a store offline that will accepted bitcoin as payment, then i want to try it and want to visit for regularly. |
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i can not imagine if bitcoin is become my salary for now, because for now, i still use fiat rather than bitcoin. i use bitcoin just to hold for a while and buy altcoin in trading, but in future if there is many store offline and online available in around my city, i will accept bitcoin as my salary and its not problem for me.
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Yes bitcoin became very big globally accepted currency. It will eventually be used even in illegal position in some countries . When it sees socially acceptance from basic users like young adults, it will be even bigger...
of course but unfortunately bitcoin is not yet approve and accepted by government so people still use for selling and buying bitcoin but with our own risk. if the government approved with bitcoin, i think bitcoin will be more bigger than before because bitcoin will reach million people than now and become a global currency like OP said. |
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to collect BTC you have to diversify your earning methods
Try the signature campaign , trading , mining and also selling your skills for Bitcoins as well
Exactly you can also earn it from a single method but if you want to earn more then you need to go for multiple methods to earn higher amount of bitcoins. every people has different methods to collect BTC, but for me, i collect from trading, sometimes playing faucets but not btc faucet, making some lending for my friends, or i give my btc to my friends and he will do trading, and the profit will be split for me and my friends. |
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If you are not in need of left money than you can invest in trustable source or policies with good outcome.It is great backup plan for anyone.you can also do saving in different areas as it will only help you at last.
Focus on savings first before you invest, it will just come after you will be able to successfully save. You will be tested if you are going to save with discipline and you will not be easily tempted to your wants. It is good to save when you are receiving a good income, I hope people will understand that we can earn consistently from our jobs and while we are earning we need to set aside a certain amount for savings to take care of our future investment. for people who get work in office and get payment in monthly, its a good option. but if someone only get payment in a week or a day, its really hard to do, but we can do it with small amount for first start and next, we can try to reduce our output expense so we can save more amount in our savings account. do it with small amount, trying to increase the amount, continue to savings and in the year, you will not realize that you have more money in your savings. good luck |
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i am holding bitcoin for a long time because i know that the rate will be increase soon, but i don't know how exactly. just collect bitcoin as much as i can, and selling in 30% of bitcoin i have, if there is a good timing to buy when its low rate, i will buy, and sell in or just holding again, so i can get more bitcoin in my wallet.
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yes i am alive and i am believe that i am alive, and now i really happy with my live, i really grateful of this. i am feeling that i can see and learn many think for good. nothing more happy when we can grateful with our life and feel and enjoy with our life, with or without money in our pocket.
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