I think 2017 will truly be the year for bitcoin, because I feel that halving will happen in 2016, it will cause people to know about bitcoin, and start buying bitcoin
Yeah feel u bro, ithink 2017 is the big break for bitcoin it will continue to rise after halving many investor will buy bitcoin for this year for sure. I can see that year is going to be the thousand dollar year for bitcoin. But still that is just my speculation, and everything is possible to happen with bitcoin every year. |
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I personally don't think the price of Bitcoin is going to drop drastically in the near future. If you have money to invest into Bitcoin I would say go for it. I don't think the price is going nto drop anytime soon because halving is next month. also, some Bitcoin-related businesses are making price changes. Bitcoin's value is going to be pretty high for a while now.
Also even without some of the major events that will take place in bitcoin today, I see no reason for a sudden drop or a so called failure. As long as people will continue to circulate and use bitcoin in regular basis, it will give bitcoin a healthy status in the market. Demand alone can bring the bitcoin price to it's peak. So people who wants to buy bitcoin today needs to wait for a sudden drop. Or else they will be forced to buy bitcoin at a high price. But no problem with it as long as they can afford it. But I want that bitcoin will going to continue rising. |
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i think bitcoin will rise until 1200$,but i still didnt know the bitcoin rate depend on what?dollar or gold or something else? because it rise so
continuously in this few week.
This is the price that is most possible to happen, $1000-$1500 I guess. But as it is continuous to rise. We can't say the true stable price range of it, as long as more and more people are going to use bitcoin and the demand of it is getting higher then price increase is always possible. |
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well in india i dont think there is someone who accept bitcoin as a mode of payment but if someday someone i will feel awsome
I know in India there are many merchants also, but I don't think there are stores that are accepting bitcoins as a way of payment. But for sure, I know there are a lot of bitcoin workers in your country. You just need to search around to your country. |
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I think yes because after halving I think bitcoin will become more popular than it was before. Many people will have an interest for it.
That's for sure, since the halving is going to be this year, but the good effect will happen for 2017. And probably that's why it will become a year of bitcoin. And not just by that year but almost every year is the year of bitcoin and it is really getting being popular. |
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Nobody gets rich quickly unless they do illegal things. Ask somebody who is rich not from inheritence and they will tell you it takes hard work and there are no shortcuts.
Well people who gets rich quickly with illegal things, their riches will be gone easily. Because karma is always there, if you think you can be rich that way. Better think about the consequences that you can get. Especially your conscious, it will not let you be in peace if you are going to be rich with that way. |
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Sadly, there's NOTHING in my area I could spend BTC on. I would love to buy everything in BTC.
Having exactly the same issue, I can simply not spend anything in my real life because there are no stores available in my nearby area. You're right , the main issue is only some country have a not online merchant or stores can accept bitcoin for shopping. and mostly only in America or Europa continent. So here in my country I'm a bit lucky, because I can use directly bitcoin for buying prepaid loads, paying of my internet bills and other services that we are using daily. But for the physical products still, there are no merchants that are accepting bitcoin as payment for their products, maybe few individuals only. |
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I don't buy it to hold it. I buy it to use it for shopping or getting a gift card or something. I understand people like to buy it and speculate on it like a stock but that just isn't my thing and I find it silly and counter intuitive to how Bitcoin should be used.
I guess you need to put limit on your buying online or shopping. It is much better if you are going to hold your bitcoin. And after getting some profit and that's the time that you need to think what you need to buy online. But don't buy when the price is high, go buy when the price is low. |
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You should read A LOT to be rich.
Reading is not enough for be able to become rich, you need to apply the knowledge you have read and learned from those articles. Because it doesn't help if you know how to become rich without the implementation. That will become a waste of time. Definitely, the method is really to easy to understand but the implementation is the hardest thing to do, you need to be a discipline person that would have to stand all the circumstances that would be a hindrance in achieving you goal. That's the hardest part of the plan, which is the implementation. You need to follow the plan, and that's going to have a problem once you are in the process of implementation of getting rich. And of course together with other things needed which are, hard work, patience, dedication , endurance, etc. |
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If you want buy btc now , btc price already at $690, except you bought it when btc price still was at $500, you can proited more. But alot people believe if btc price would be going higher (maybe $1000) on the next year, so buy and hold your btc now.  Long term invest is really a good type of investment and 1 bitcoin is already enough is can't able to buy more. But for starting, that is enough. And most of the bitcoin rich people now, long term investment is one of the ways , on how did they became a millionaire. If you will go into long term investment, you can't feel more the profit if you only have BTC1 on hand. As a start it's fine but remember to add some for it while you are on a purpose of long term investment. Those rich person you mentioned are not holding only BTC1 for long term investment. They are in the possesion of lots of coins so whenever there's a price rally they can really feel the profit. Yeah for starting 1 btc is enough but in the long run, you will realize that you need to put more capital in able to get bigger results for the harvesting time. Yep those rich bitcoin people are hold thousands of bitcoins in their wallets. And it is very inspiring on how they did become millionaires, if they did we can also. |
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What are your opinions on paypal or bitcoin for online shopping?
I prefer bitcoin because I don't have a paypal. I tried registering to have a paypal account but there are a lot of requirements on confirmations to do unlike bTC which is very easy to use and user friendly except the waiting time for confirmation. Yeah, that's one of the disadvantage of paypal, is having a very hassle way of being verified. You need to be verified first in able to have a transaction. And I find it very costly in money and also in time. Unlike in bitcoin you just need to sign up and after that you already have your unique wallet address. |
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If you want buy btc now , btc price already at $690, except you bought it when btc price still was at $500, you can proited more. But alot people believe if btc price would be going higher (maybe $1000) on the next year, so buy and hold your btc now. Long term invest is really a good type of investment and 1 bitcoin is already enough is can't able to buy more. But for starting, that is enough. And most of the bitcoin rich people now, long term investment is one of the ways , on how did they became a millionaire. |
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paypal not give any benefit from holding money and bitcoin give you more growing  Because paypal is just a storage and a way of sending money. But bitcoin itself is an online currency, so whenever the price is going to increase. The value also increases. And not just being a currency. It is also a payment method that you can send it instantly to other people in abroad. |
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BTC itself is a investment. So it would be wise to spend some on a cold storage and keep it in there.
Well me either, I'm going to hold that 10 btc. And I'll just wait for the upcoming halving. Because higher chance of earning when the price increases. And if I got already profit. Then I'm going to think on what kind of investment I'm going to put the other portion of it. |
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I hold my bitcoin until now to wait for bitcoin price is finishing on their maximal value. and I buy some bitcoin at the bitcoin price is halving. Well, it's will be a good thing for me.  This is the best thing to do, if you want to earn without doing any effort. Then go just hold out your bitcoins in your bitcoin wallet and once the price increases. You will get profit from it. And most of us are hoping for this. |
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If the Satoshi is proved to be the person, the bitcoin price will drop initially, but it will rise soon after.
I don't think it is nothing to do if Satoshi is going to reveal himself. The fluctuation of price now is depending to the demand and supply of bitcoins in the economy of bitcoin. And even he gets back bitcoin will always be on the price increase. |
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Well I think this does not count, but I exchange a few of my bitcoin in USD and withdraw to my credit card, then with this money I have bought a used PC with high specification. When I see something good for my lifestyle and something good in price value, I immediately exchange my bitcoin to USD and buy it. However the majority of the time, I am saving the bitcoin, hoping in some really high price in a few years.
For me, this is what I'm doing also I'm actively this way of using bitcoin. But let's say this is also counts as an active spender of bitcoin. Since we are using it to be able to buy our needs, but we just need to exchange it first in fiat. And then we can use it. |
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For my self investigation Gold is slow moving and quite stable product so it is only suitable for less risk takers.
Bitcoin moves either way quite fast so it is good for risk takers.
Yeah im agree with you man. Gold was slow moving but sure you will gain profit but in bitcoin very fast moving on its price rising the earnings on your investment was too fast but it is very risky. Yep, gold now is very slow moving, but if you are a wise person, you are going not too choose only one. But you are going to use them both. When you their advantage of investing in bitcoin and gold you are just going to wait for sometime. And after your wait you can get profit from it. |
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Often new people will fall victim to pretty looking scams like most of the cloud mining website ponzis and even "games" where you deposit and wait and magically you have more money than you did before. And then it's gone.
Yes it is the most common mistake of a newbie, since they are lack of knowledge regarding those scam sites. They tend to think that investing in ponzi is a way of earning bitcoin. But in the end when they are already get to be a victim of it. That's only the time for them to learn. |
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I think the price would rise again because the fact is that if this would happen the bitcoin would have a lot of media attention.
That's true the price is getting higher and higher, but it does not effect is ever Satoshi is going to return and reveal himself, if he is still alive for sure he is now a millionaire or even billionaire take note, billion dollars. But I guess, the circulation now is base on how people holds and spend bitcoin and also it is going to depend with the coming halving. I'm also thinking this, it will really open the eyes of people and they will like it for sure, I really think the price will rise with huge numbers. That's for sure in the coming halving, price of bitcoin is going to increase even satoshi will not return, it is on its way. We just need to wait for it and don't rush on the things to come. |
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