I will never convert my Bitcoin into fiat again, because it makes no sense at all. Bitcoin is sound money, not subject to centralized control and inflationary devaluation. Fiat money is a debt-based scam, fully exposed to the lunacy of monetary policy by central banks and fully exposed to capital restrictions by governmental control freaks. So, Bitcoin is simply a vastly superior form money. Anyone converting Bitcoin to fiat is out of his/her mind.
I hold my Bitcoin to spend them on my future necessities. I really hope that there will be an increasing number of businesses that will accept Bitcoin directly - which means without intermediary fiat conversion. That would be the precondition for me to pay with Bitcoin.
ya.ya.yo!
I respectfully disagree with you. Converting bitcoins to fiat money has its own disadvantages, but it also opens new possibilities and potentials for students like me who use it as an alternative source of income. As a student myself, I mainly use bitcoins to help my family ease up their expenses by using my own money for my own use instead of asking it to them. You may be right about fiat money being controlled by the government and the central bank but I have my reasons for converting it. I disagree with yayayo too, converting bitcoin to fiat helped me and my family a lot. Maybe you see fiat money as scam, but that scam i use to pay my bills man. Can you pay your bills with bitcoins? I am sure you can't. Convert all your money to bitcoins and you will probably starve to dead in almost every country in world because you can't buy food with bitcoins. Right now it's really a hard task to pay bills using bitcoin. The acceptance of bitcoin is increasing gradually and soon this might keep on growing. One cannot say fiat as scam, because in one way or other we are all depending on fiat for our needs. It takes generations to use bitcoin for all needs. |
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Btctalk name : Duzter
Rank : Member
Current post count : 355
BTC Address : 1FLcF2PBbroPHg1icTAinxi1HdUKLLiebu
Wear appropriate signature : Yes
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I just invested in DIMCOIN ICO and I think I have made the best investment move.
That looks to be one among the successful ICO which has got its presale going on. Right now there are several ICO projects with several features incorporated and developed for specific reason. Recent time for job marketplace too an ICO project has got initiated. |
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I think we are all waiting for it and I am also hoping that it would be there soon,
So I think I would just wait for it to reach it and maybe just cash-out the money that I really needed.
That's good to have a selling point. Waiting to sell at $3000, there are people who have the need to sell but as the price increase they postpone it and once again till the decrease begin they will be holding and once the price decrease they sell on panic. Here everyone hoping for $3000 is a good mark and might take place by the middle of this month. |
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Save when you see no need to spend immediately. Sell it when you feel the price is high or reasonable compared to the cost of extraction.
By the falling years the mining will be difficult, so better is to hold what you've mined until there is no need to spend your mined coins for your regular requirement. The price increase happens with bitcoin periodically, so there is no need of a panic and selling just hold whatever is available. |
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Bitpay have been in the intermediary service for a long time. It has connected to top corporate to accept bitcoin as payment for services and other business. The same is converted and provided to the corporate in terms of fiat. Now they getting into the wallet service that too specifically for Windows seems good in some point making transactions easier.
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Why is someone get addicted to gambling once he gamble ?
Because it serves as their hobby in life. Striking the hobby makes humans so vulnerable in evrything. It could probably took their lives. When I say took their lives means that hobby could be their most priority above all. Someone get addicted for the following reason once he enter. Maybe they won and if they won they will comeback again playing because they think that they will win again. Another reason is maybe they are entertaining their self by gambling. When they lose they will comeback again to have hope that they will retrieved their losses by gambling again. Yes only these two reasons people will come back again and play gambling. The main goal is to get money. Either it may lose money or win money. We must make money in gambling this will sit in every gambler mind. Very rare people come back and play gambling to get fun and entertainment. I've always thought that gambling for fun is mere nonsense unless they make a profit. For me there is no reason to have fun in gambling if they always lose and lose a lot of money. When one continuously faces lose in gambling, as you said one cannot enjoy or have fun anymore. For this reason it's always stated that consider gambling to be fun, don't expect profit. Same as that you spend on entertainment spend it and if you're lucky you'll get back. Have fun and enjoyment, that's the beauty of gambling. |
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I'd love to change my laptop for, so it can be easier in doing my job,
Hope that power soon come true..
Keep working and earning good, you can make it possible with bitcoin. I have doesn't made any plans of buying digital goods or any other stuffs with bitcoin. My primary focus is to earn and hold the amount as an investment for the better enjoyment in the future Days, because I have all that's required for living a simple life. |
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When it continues speculations, one might be right at some time and the other might be making a perfect prediction some other time. So there is nothing as a good speculator, market prediction is based on several factors and so different user consider different factors while predicting the market.
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Try using localbitcoins as you will be finding different traders with different payment acceptance. Only the price buying margin might differ a little between the traders. This too is one among the licenced trading platform, so you won't be getting into complications.
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In my place I get one example of the benefits of bitcoin freedom.
I can transact online using bitcoin payments, bitcoin investments, and no taxes for bitcoin in my country.
That's good. Right now more Countries doesn't have taxation on the bitcoin and related transactions. But when more Countries get into it gradually government will start imposing taxes because of the increased usage of bitcoin in all sectors. |
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Probably! Gold could be worthless in the future if scientists successfully create one meaning factory made Gold would flood the market.
While Bitcoin security would keep getting stronger making it impossible to be hacked
That's wrong. Gold is entirely different form compared to bitcoin. It has got the physical state, so when the availability of the resource decreases the value of gold increases. With bitcoin everything is running with an interlinked network that has a demand to supply ratio based on the user involvement with the inflow and outflow of the value. |
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I think the recent correct was around 400$ and it took suppor near 2300+ range and now it is back to #2600+ price and if the wave continues then tomorrow we can see the price of bitcoin going above 2700+ right now and if the movement support more then surely within 48 hrs we will see the bitcoin price moving above 3000+ price range with full support.
It seems to me that you depend on Bitcoin on the users themselves, because we know that the market reacts to supply and demand. Only in these variants we can see a good correction of the price for Bitcoin. There is several corrective factors. One is that stated by you and apart from that scalability, blocksize, confirmation issues and several things were going on. So this might be a corrective time, because the past price fall itself mentioned to be happening for a correction. |
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If you didn't earn from yout trade/yoyr coin you're holding, there is nothing to do but to sell. However if you have earned already, you have two options which are to sell it or risk it for bigger profit.
That's not fair. If you're unable to make a Profiting.the coin that you're holding then set limitations and hold it for a short. Once after that whether the price increase or not just make sure that you sell it. The profit or loss is upon the growth taking place at the moment. |
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becuase govrnement can't control it, so they ban it.
btc is decentralised ., that is why.
These are the main reasons that the government of some countries does not accept bitcoin. They can not make bitcoin a part of the economy. All this is due to the fact that the price of bitcoin is too unpredictable and volatile Several factors starting from decentralization to volatility can be indicated as reasons why Countries oppose the use of bitcoin. In reality there are countries that has overcome such issues and were successful. So when governments starts focusing on technology based growth they'll start accepting. |
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In the event of my death this will be a loss, because I haven't educated my parents and my family members with the operating of the wallet. Also they won't be getting high, because the entire funds that I have in the wallet is the one that I got is from the campaign participation.
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Recently litecoin was showing positive signs when compared to the other digital currencies that are available in the market for trading purpose. When every coin was down this has been showing signs of a small price increase. Today this too has started decreasing.
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As majority of the users suggested trading through localbitcoins or some other trading platforms is quite a good option compared to the cloud mining plans. Because till date cloud mining haven't been that effective and has not reached a stabilty level in the continued process.
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Though the market has been moving downwards one can profit, because in between the price is increasing. So the goodness stands in making use of the price track even for small profit, but the same is not possible with every trader.
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If you can't afford for a big amount at least try to buy a small portion, because the price has fallen below $2500 and moving towards $2400. If you're planning to wait for few more days, then luck decides whether you get low or miss the chance of buying low.
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