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The best time to enter the market was about a week ago and now the Bitcoin price is correcting again so you should have made profit to now, Bitcoin was at around $3000 last week and now it's over $4000, so there was a lot to be made at that time.
But still the previous high of $5000 is yet to be reached, so if you still want to invest in Bitcoin then you still have opportunity to invest.
I was also not having some spare cash with me last week so I also missed the opportunity to buy Bitcoins at $3k price, but in a few days I an going to buy Bitcoin once I get my salary in account.
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Due to pseudo anonymous nature of Bitcoin it is quiet easy to get ill gained money as no one knows who the sender is and who the recipient is. So the process of finding out about the details of the person is quiet difficult to close to impossible. So for a corrupt person accepting money in Bitcoin is pretty easy as there are no banks required to accept payments in Bitcoin and a person can have unlimited Bitcoin addresses, so no two addresses can be linked if he take care while using each address.
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who's that person that don't like making profit...Investing in bitcoin has been veryprofitable..i have heard rich people secretly investing into bitcoin...so yes billionaires invest into BTC.
Exactly! Who would like to tell others that from where are they making money. Rich invests in Bitcoin but never tells others in order to protect their investment. They are not that dumb to understand which investment is good and which investment is melon. And from what I have seen Bitcoin and other cryptocurrencies are performing better than stock market in giving profitable returns, so I suspect that billionaires are investing in bitcoin and other cryptocurrencies as it is quick money for them, and also they have plenty of time to think in which cryptocurrency have bright future ahead. |
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In trading bullish or bearish prices is a common thing happens everyday as well as what happens to bitcoin. If it falls, it's a good chance to buy more. Then, we can wait for moment spike again.
If the government bans bitcoin then there is no chance that any investor will be able to invest in Bitcoin by any legal means and also investing in Bitcoin would be made illegal if government decides so. So of Bitcoin fail then we all will lose money and especially me be left with nothing. But Bitcoin is very big empire and would take drastic decisions by governments around the globe for banning Bitcoin. But as far as I can think of, government will not ban cryptocurrencies because a lot of people are depending on the cryptocurrencies for their investments and earning monthly salaries as a lot of people are also mining cryptocurrency and have left their jobs. |
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Actually nice to see btc price $4k and higher
Ya, finally a great news after these not so good days of uncertainty over bitcoin and cryptocurrencies condition in China. Today bitcoin reached $4k and is trading in $3900 range. It would be nicer to see bitcoin back again trading in the $5k range. |
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What do you think? China banned BTC? And btc price goes to 4,069$ today  You think to sell or it can rise up again, some rumors said that btc will fall down to 2000$ It is important for bitcoin to not loose the confidence of investors, if it gives good return in long time then no one cares what happens in short term. So this is just a short term market dump, after a few days bitcoin is going to rise again. |
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For transferring bitcoins I use electrum wallet which is for pc and is a light wallet which is very easy to use.
For mobile I use blockchain wallet it offers pretty nice security features that's why I prefer it, also the wallet by bitcoin developers is also pretty nice.
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Btctalk name: TrueCryptonaire
Rank: Legendary
Current post count: 2458
BTC Address: 1EjBL34ZvhshKW2PDMWo32ssELqHdWnyrY
Wear appropriate signature: Done
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I guess I am too late to the train but I made a small purchase of a fraction of bitcoin lol. I am not rich by any means. Hope this is a good decision lol Wish me luck. Where do you think BTC will be in next 2-4 years?
Whatever amount that you have invested it doesn't matter, you have taken a big step which others have no guts to take and also in a few years the price of bitcoin will atleast double or maybe go triple. |
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I earned about 5 bitcoins from Decred airdrop and it was the most amazing airdrop that I took part in. I still am enjoying the benefits of that airdrop.
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Wow, bitcoin price is increasing everyday at lightening speed!
Are you not afraid someday 1 bitcoin will become currency for the rich dudes?
I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?
Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.
What do you think, guys?
Actually owning 1 bitcoin have become pretty hard than the previous year where the price was 10x less than the current price. But as the value of bitcoin is growing so owning less amount also feels great. |
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Hi guys. About current fall in bitcoin price. Is that because China banned the ICOs? If so, why did it rise before that? Can you guys please recommend some books to read which explains about the factors influencing bitcoin price? Thanks in advance
The answer is very simple, it's the fud which is created and then the people are panicked that they will lose the money in bitcoins since China was the major driving force of bitcoins. But when the panic selling is over the bitcoin price will recover pretty easily. |
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10k dollars I think will not happen because the price of bitcoin today range 4200-4300 dollars and if butcoin price reach again 5000 dollars for sure it will hard to pump more because even many people buy bitcoins many people sell also their bitcoin . Maybe the price of 10k dollars we will see in the year of 2018 or maybe 2019 . But it will hit that price for sure.
After every dump there comes a hard pump, as you would probably have seen in case of the segwit drama in which the bitcoin price was dumped so hard that investors were losing their confidence. And what I think from my experience is that there will again be a hard pump once this fud is over. |
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Now the reason is different from when OP posted. BTC dropping due to China banning ICO's causing FUD. Everybody selling alts to btc, to sell btc to usd.
And this is also a short term dump and if i were having spare funds then I would definitely have brought some bitcoins as they are getting sold at a cheaper rate and this is a good money making opportunity as in a week the prices will rise definitely. |
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I have a pretty simple strategy of investing in an ICO at the end of it either in the last three days or a week. As it saves me from getting scammed as till the end of the ICO it gets cleared that the project is a scam or not by the amount of funds invested in it.
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Where is everyone looking to invest their money while the prices are down? Which are the least risky?
If China puts a ban on ICO's who says the US wont?
I believe that US have already placed laws on the ICO that only accredited investors are allowed to invest in ICO. Have China completely banned ICO or is it that they also have placed a law like US? But for now I am buying BAT token, as I believe that their price will definitely skyrocket once they start to get attention. |
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I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.  The exchanges are also saving their asses by telling you to do so as you can be a money launderer just buying bitcoins to launder your money, or maybe an ISIS agent. It's just mandatory for any online exchange to do AML/KYC before accepting any fiat from their customers. |
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Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
If you want to start mining, then you should order some Miners and start mining, but for a noob I would advise first study about what you are going to start and then put your money in it as you can easily loose that money. And if you want to buy crypto then from a general prospective just buy and hold bitcoins only for now, or maybe start trading with those after gaining more experience. |
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I don't think it reduces unemployment, see people are quitting their jobs for working full time for earning bitcoins and if this industry flops then God knows what they would do as it would probably be a very hard time for them to find jobs again. But if the industry boons then there is no other better job other than working for bitcoins.
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