Next days could be very critical for bitcoin price development. It is very very bad if price goes below 600usd, because it could trigger panic selling when mining revenue collapse. Hope that price goes 700 USD that it won't happen.
Nope i think it would not create panic as in the last few daya ago the price had dropped to $ 550 before halving come but people do not experience the panic of it? I think people will remain smart in this regard they will remain patient and wait for prices to rise I was afraid it would panic cause prices rise Yes and now mentality of people is not same it was in the past, even if price falls people will not get panic as everyone knows that price will increase in coming months. well if the price would drop there would be a lot of panic as everyone would like to take their money out in order to make huge profit really easily and that is a bad thing i think If price drops now I don't think people will get panic and sell their coins they will choose to hold it until they don't see higher price which is likely to happen in the end of the year. any kind of drop will cause some kind of panic in the market and there is no exception for it. although sometimes it can be small panic and sometimes a big panic wave. and apart from panic there is always day-traders who will start selling to take advantage of the situation and buy back at the bottom and make a huge profit.
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Unless the key has some simple memorizable characters it would be So difficult for me that it would be better if you gave me Dark souls 3 in the top difficulty. I suck at memorizing . maybe i could remember around 12 -14 digits but not sure about the whole key . it would be fun to try tho. also , even if i knew my key without looking, i would still look just to be safe .
it is not just about being able to memorize the private keys (which is impossible by the way) but the important part is to make sure you won't forget it over time. because human memory works in a unique way, you may memorize something now but a month from now you will forget some details about it for sure.
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the fastest to get bitcoin you have to buy the fastest way
this topic is about ways of "earning" bitcoin not just having bitcoin. yes buying bitcoin is the most efficient and fastest way to have bitcoin but to "earn" bitcoin you have to do some jobs, and i am sure OP is looking for that. one of the common ways (at least on this forum) is to join a signature campaign and earn bitcoin by posting which only requires decent English and some time for posting. but if you have any skills like translation, design, ... you can earn a lot more in better ways by just offeing your skills as a freelancer.
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500 bitcoin is a real huge amount, it is nearly 325,000 USD. i may be able to plan a very wise plan for a couple of thousand dollars and make a good profit but i really don't know what to do with that much bitcoin, and if it was in fiat form i still could have made some plans for 325K$ but not in bitcoin.
and btw my plans are all consist of starting my own business.
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this time all the sings are saying whales are accumulating bitcoin for a new set of rises in the near future and the price has been resisting the couple of dumps that happened a while back so it shows the good demand these buys have in the market so i would expect another big rise maybe to above $1000 soon.
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check Trading Discussion board if i remember it there was a place that you could do forex trding with bitcoin. but in order to make profit you need to know what to do and how to do it and to earn huge amount of money you should be an expereinced trader with a long history of trading and it is not easy.
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lets make a brainstorm by our opinion how will bitcoin developers and fanatics make a solution about this?
There is already a solution to this, i think so. We caan use the android wallets or ios wallets and send bitcoins via Bluetooth. And afaik the internet will never stop working. bluetooth range is limited to a couple of meters at best, in order to reach a single blockchain all the people around the world need to have access to the blockchain which is impossible to do with bluetooth!!
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If there is no community support of the Ethereum, the price will go to zero. But if there is good support, the price will rise.
as others have also mentioned a lot of times before, ethereum has always been a full on manipulation coin so the price has never depended on the community support because even from the begining of all things, investors didn't like the large amount of premine ico.
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i am mostly treating bitcoin as an investment meaning i have invested some money in it when i bought it last year at a very low price and i have been holding it ever since.
bitcoin is also a way of earning money online for me which is what i have been doing ever since i invested in bitcoin by earning bitcoin from different methods and adding to my storage for the future.
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buying from someone else instead of using a service like bitcoin exchange site is only the case when someone wants to buy with cash and not use his creadit card or bank account because he wants to stay completely anonymous which is not a common thing among bitcoin users and especially because you can always use a mixer to reach that anonymity.
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i hope Ethereum goo upp...
The price of the Ethereum depends on its usage in the smart contract system. If there are more usage, the price will rise. i don't think so. ethereum's price has been pure manipulation so far and the price is already too high and it should go back down below $1 to become realistic again. besides with the recent problems with the hackings and the forking i don't see any rise in the near future of this coin.
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if i can find the coin before it is pumped i will surely invest in it and enjoy the ride and take my profits on top and get out a happy man. but if i can't catch it before the pump i rarely get in because it can be already too late to get in and not getting profit is better than losing money. also if i see everybody talking about something like steem in this topic i will sell and get out because it is getting dangerous already ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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bitcoin has always been the best cryptocurrency there is from the start and all these altcoins that are claiming to be the replacement of bitcoin are just wasting their breath. i mean there are many good altcoin projects out there but they are not gonna replace bitcoin. bitcoin has been around for a longer time and if there was a bug it would have came out a long time ago and gotten fixed.
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When and how you Got your First Dollar in Bitcoins???
i bought it. my first Dollar equivalant that is. because i started earning bitcoin through using faucets but since that took forever i gave it up and instead i bought a portion of bitcoin back when the price was $250 and kept it ever since. and now i am adding to it with signature campaign payments and profit from trading.
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it is so hard to know this in bitcoin, it may be easier to know for any other thing but not for any of the cryptocurrencies because the market is smaller and it is mostly being affected by the hype and things like that so prediction is that much tougher. you can only guess in the long term of things not daily.
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Yeah I have the same feeling that price will be around $600 at the time of halving, so better keep engaged yourself in collecting as much as you can.
$600 in July is possible. That is about 2 months away. We just need the price to rise 60 dollar each month. At the moment it is best to hold on to your coins because we do not know what is going to happen after the halving but if you have bought for cheap then you can sell right now to make a profit. I am just going to wait for after the halving the I will decide what I am going to do. we are after the halving and days have past it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) i think this stable price is a good point to buy bitcoin becasue it has been resisting the dumps very well so far and this can be the launch pad for the next big rise that can very well be moon.
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Investment is the same as gambling, you still have a chance to lose, you must understand the risk ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This is not like this Barcode. Because if you invest you have basically two ways to manage with your money. do it by yourself,or give the money to someone. With trading for example,you need to be a skillful player to produce good % of growth every month. And with gamble it is just luck because house edge want let you to make money,you lose everytime on long run. since this topic is about investing in gambling sites, i am sure that he means investment in gambling sites also not other forms of investment. we all know how they work. and i have to agree with him because invesing in a gambling site is similar to gambling because it follows the same rules and risks the only difference is the edge you have as a part of the house.
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I do not gamble to much but it always seems that when I do, I take the loss big time. For example, I have lost over 3 BTC in the BustaBit game online. It is fun and I like to play but I always get greedy with it. I have won about 2.2 BTC back, but I lost more than what I have won. For some odd reason, I keep coming back over and over. I do not know why I do it, why do you?
It is not only you but most of the gamblers are facing this issue. Because in gambling if any one gamble for long time they will surely lose at the end. As you said it is always fun so just play with small amount each time and don't worry much about end results and think that you payed small fee for your enjoyment. with some winning in small amount will be tempting and seducing us to play in half amount or in big amount, and if in the end we got lose, then we have curious on why this could happen? and many why and why. then my suggest is if we got win on at least 5 times, then try to stop the games and stay away with that. maybe we can come back in some other time to test our luck. it is because of the strategies that people use in gambling that leads them to believe that there is a way to always win in gambling but in fact the luck is not always with you and if you keep on going (in long term) you will surely end up losing all your money.
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After the hard fork the price will go up because everything will be back to normal. Becose ETH is a PRE-MINED coin, ultra manipuled by whales.
i am not so sure about that anymore. because people have lost faith in ethereum and nobody will really invest any money into it anymore. and whales can throw their money at it as much as they want but the rise will never be the same and everyone is only looking for a way out.
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you can join an altcoin signature campaign and start earning altcoins if you like. here is the list of all altcoin signature campaigns thanks to mickiya: https://bitcointalk.org/index.php?topic=1459338.0also there is faucets, and as far as i know faucetbox has a list of multiple of them. but you can always earn so much more with bitcoin though.
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