Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
It still not defeated gold. Truly, Bitcoin is now having a much larger market value compared to Gold but Gold is still a better investment for having a more stable market value. And at this moment, Gold is legal to most of the countries and Bitcoin is not. Both Gold and Bitcoin are different in different aspects so comparing won't be that important. no doubt that bitcoin market is getting bigger and more people keep coming and getting to know bitcoin, we can see that bitcoin is starting to circulate everywhere in various corners of cities around the world, we often see cryptocurrency and ico ads on the internet and it shows that bitcoin is growing very rapidly, the turnover of money in bitcoin is huge, maybe a few years later bitcoin will become a biggest commodity beat gold |
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No, bitcoin can't replace dollar soon, dollar is the most widely accepted currency throughout the world but about bitcoin only a few percentage of people know and fewer than those use, so there is no chance that bitcoin will replace dollar in the coming 15 years. i think even though bitcoin already has users all over the world though, i do not think that bitcoin will replace the dollar as currency in the US, its certainly the reason is simple because the dollar is more historical and certainly the government will not use foreign currency for their local currency, may be more likely if bitcoin replaces dollar as international currency, isnt it? |
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With trading you should have a lot of knowledge for other coins and know which one to invest where and how much it would give you profit and in investing you just have to watch the one you invest grow or go low.
Yes I agree with you here is big difference between these two from trade you can get a daily profit and from investment you have to wait but both of them are profitable and it will help you financially I like investment as compare to trade because from investment I can get all my profit at one time and which can help me in target to achieve. You are correct but also we can assume in vise-versa. Trading does not have a steady income because the number of profits and losses in trading are constant and we can't predict the future for any coins. But if you are ready for investment than you can have a steady income. You can just invest a good amount of bitcoins in a good investment scheme like the investment box on yobit on a daily interest basis and you can have some good daily profit there and also the income will be steady there. although trading does not provide a steady income, I am very impressed with traders because they only rely on trading for their main income ? for invest, in some investments may not give you a steady income mate, depending on the investment you choose, for example I invest in real estate and gold, I do not always get a steady income? |
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Bitcoin is realy safe and secure before you in here in forum you fill up your wallet that gives you a key or code to access your wallet. Hackers can't easily access your code in your wallet which your bitcoin stored. However don't share your details about your wallet code even your closed friend it maybe cause a leak to stole your wallet. Don't worry 100% safe your bitcoin.
I agree.Bitcoin is really safe and secured if you keep your wallet key within yourself.Stealers won't be able to hack your account unless you tend to be careless in such a way.But i believe bitcoin throughout those years has now become more safe and secured to invest even some people continue to doubt its security.We'll just do our part to make bitcoin works within us. actually the wallet security issue is not too much of a conversation because you can get more security by applying 2fa to your wallet or using hardware wallet, and for the safety of my wallet I was quite satisfied, I think the security question might be on bitcoin investment itself, is it investing in bitcoin to be safe or not, since fluctuations may be bad and also profitable? |
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If the state has applied the rules with reason that is rational and acceptable to society, why not. Including by applying money or digital transactions. But if you have to remove all the banks in the world, this will be very difficult. It's like a massacre for a banker. There will be many problems that occur due to bank deletion.
i think the state and the government will not be able to do that, bank functions not only save money from customers but also manage the finances of a country, if the bank is removed then who will manage the finances of a country? I think this idea is a stupid idea, because they think that digital currency will master the entire financial system? |
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Lots of people use Bitcoin so they don't have to rely on banks, so what's the point if you're going to use a bank anyway? Lol. But yeah, we are capable enough of protecting our own coins. There should be no need for banks.
Yeah, we can hold our Bitcoin and use it for loans through loans services or some exchanges support it. Of course, I know the risk of cryptocurrency always higher than banking system, but I do not want to put my money into any place, because it means I support Bitcoin become centralization. thats right, if you support bitcoin bank it will be the same you support with the centralized system, because basically the bank uses that system, when you use bitcoin bank there will be rules you have to obey and of course you will not be free anymore because your bitcoin is also controlled by them, one of the bitcoin bank's advantages is you can borrow money on there and earn interest for your savings, otherwise I do not see anything else that special ? |
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With trading you should have a lot of knowledge for other coins and know which one to invest where and how much it would give you profit and in investing you just have to watch the one you invest grow or go low.
Yes I agree with you here is big difference between these two from trade you can get a daily profit and from investment you have to wait but both of them are profitable and it will help you financially I like investment as compare to trade because from investment I can get all my profit at one time and which can help me in target to achieve. i think investing also needs foresight and knowledge right? you need the cleverness in analyzing which companies or businesses are suitable and worthed to invest, investing not just about capital you have and without any knowledge because it would result in losses due to a scam or something, I also like investing because I do not have to work hard to get income, investment that works for me |
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If we dare to take risks, of course trading is a good choice, with trading we can double the bitcoin in a faster time than investment. but if you do not want to take risks of course better investment.
My suggestion for you is to get into trading and Mining. Because,if any one of that makes you loss means, the other will let you up.But their no risk in bitcoin. Since ,bitcoin price is keeps on increasing, you can believe the bitcoin blindly.Bitcoin will never let you down. I think if you want a low risk, then use long-term investments for bitcoin instead of trading dude, because real trading is a short-term investment so even though bitcoin price high in the future does not mean you'll be profit for bitcoin trading? hey bitcoin still has a fluctuating price? so its still have risk, maybe mining would be better if you do not have any trading skills |
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bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much
I hope for the next 5 years, bitcoin prices getting up and do not descend to the lowest point like months ago. thats true i think if the speed of the transaction remains slow as it is today and the transaction fee is not decreased at all or even higher and on the other hand bitcoin prices continue to rise of course the next 5 years is not a good thing to come, I hope hardfork, segwit, or other development in the future can fix this problem because I think this problem will affect the future of bitcoin |
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I dont think we need to care about those people who dont like Bitcoin.
Bitcoin will never take over fiat completely, so we can just leave those people who dont like Bitcoin as they are.
Just like how some people do not like using credit cards like Master or Visa, or Paypal, as long as there is a place for Bitcoin, it will benefit the rest of us.
yeah i think there is no obligation to let them know right? and also it will not harm you so better let them, it's useless if you explain bitcoin at length to them if they are not interested at all with bitcoin, I do not really care about it, definitely bitcoin keeps growing and developing naturally and maybe they might start trying bitcoin one day, |
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now this bitcoin has a lot to use as a place of investment
but I want bitcoin as a front investment who have done it
let's share with me how to invest with bitcoin for the future
Bitcoin is one of the greatest way to become rich so if you are going to invest in it, you can assure that you will be rich in the future. This can also save you from future worries when it comes to your finances so it should be a must that you invest your bitcoin for future. By this way you can both enjoy the present things and enjoy more the things that may happen in bitcoin. actually the way and the plan is very simple to become rich in the future by bitcoin. you just need to buy and collect lots of bitcoin and then save it for the next few years, be patient and confident about the future of bitcoin because there will be many obstacles and challenges that will test your patience for continue to hold your bitcoin, if you can survive to hold back until the next few years you will get rich dude, simple plan but need a high level of patience right ? |
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
it seems people are wrong perceptions with the work of bitcoin, bitcoin is not gambling because everyone works there. bitcoin is like buying and selling stocks online so this is not gambling, in bitcoin can also be used to invest. maybe bitcoin can be interpreted as a gamble when someone comes in and then invests and trades on bitcoins without preparing things like bitcoin knowledge, bitcoin markets, fluctuations, lack of trading skills, etc and he just depends on his luck to get a profit from the trade, i think it can be interpreted as gambling because to invest in bitcoin requires knowledge of bitcoin first. so they will not panic when something bad happens to bitcoin |
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Until now no country has officially legalized bitcoin, I think it will continue so it's hard for bitcoin to become international currency.
Yes true and this is the hardest thing so bitcoin will continue like this, up and down can reach tens of percent in a day. of course, to become an international currency requires price stability so as not to confuse everyone. That is actually a point of discussion. If there is stability in a currency that can be eligible for being an international currency. What if bitcoins are still fluctuating then there are no chances of being it an international currency. And bitcoins are compelled to be international currency then it must be stable and if it would happen, no charm of bitcoins would remained. Bitcoin is a digital currency so it is used to anywhere and any place. It is easy to exchange the money. You can use bitcoin for the bill payment. It is a become an international currency it is moving, So it's the use full for the future saving and investment. If you know the bitcoin. Bitcoin is the future international currency. i think not the future of international currency because even today bitcoin is already used as an international currency, try to see bitcoin users already cover all users from different countries, at least every country has bitcoin users and some users make transactions with other users between countries with very easy and fast without the need to complicated, i think this is a small sample of the use of bitcoin for international currency |
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So Bitcoin is better than Gold?  For me yes. As you can see of the price of bitcoin I can actually say that its better now than gold even though I don't know the price of gold now. Aside from that bitcoin is easy to earn than gold. In bitcoin you just need a internet and device to earn it and its hassle free when it comes in withdrawal. and true bitcoin can be used anytime and can be utilized for anything else gold does tend to be used as jewelry and not a good investment, I think this is the reason why people prefer bitcoin rather than gold, the relative gold value this stable is offensive with the value of flexible bitcoin prices I think if gold is not a good investment as you said, surely millions of people on earth will not invest in gold? but the fact almost family in the world certainly have gold investment ? you say that gold is a beautiful jewelry right ? and that's what keeps the gold have high price, because gold is a beautiful jewelry and difficult to find thats make gold worth to invest |
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I thought that there was an instantaneous decrease in ethereum with bitcoin.and after these events I thought of as a momentary decrease, I got 50 ethereum from 260 dollars. I can not decide what to do with certain levels. Of course, it is not right to make sales like this.my mind came up with the idea of joining an ico or a going ico . I thought maybe I could save the damage in this way, but I'm not quite sure. what should i do? Should not I?I've been loss since the day. I do not want to loss any more, but I can not find a solution. I am delighted to share your ideas in this regard.
You shouldnt be worried about this, price will recover as it always does. I think it is a great idea also investing in ICos i was also thinking about this, mostly all good ICOs by entering market after a while have a price x2 or even more. If you're worried that your investment in ETH may decrease in value, then I highly recommend that you stay away from ICOs. ETH has at least established itself as a valuable crypto, making it a less risky investment than new coins. I can't remember the context, but I thought I saw something in an article the other day about up to 90% of ICOs being frauds/scams. That may have been in a particular country or some other specific setting, but either way, that's a very concerning number. Do you really want to trade in an established crypto for something that may only have a 10% chance of not being a scam? Not Generally all ICO's are scam but there are still some who do have future ahead but comparing them on ETH i can say that its too far away.In op if he did bought on that kind of amount and now the price have dip-pen as of the current state which it would normally decrease your investment or value of your holdings and as being suggested it better to hold it of as of now. of course not all ICO is a scam, the example of successful ICO is its own Etherum, if you are smart in looking for potential ICO then you will get a very big profit, there are many ICOs that continue to come by offering creative ideas but you should be able to see which one is not a scam, like find which dev really wants to run their project seriously so you will avoid scam and get a profit from ICO when it launch |
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In my opinion as well it can never end worlds poverty..this can make someones life wealthy as times goes by..if he has knowledge about bitcoin..as we all know just a few only knows it..and not everyone knows about how to earn btc..especially in our country in which everybody think its a scam..those people who wont take risk to invest and learn will never end its curse of poverty.
It can end poverty if the person not able to change here life and find a job so that they have some money to pay some foods and evrything that they need in everyday life. And thats true its only few people knows about bitcoin but if they want to learn about we want to teach them if they want to learn. yeah it can not stop poverty in the world if many people think that bitcoin is a scam and poor people can not recognize bitcoin for some reason,, although bitcoin provides a great advantage even to a person even providing wealth but you can see for yourself that the poor will not get rich because they can not use bitcoin and the rich will get richer because they can easily access and invest in bitcoin,, then the gap of society in the world will really happen |
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My biggest regret is not being aware of Bitcoin on time and when i got to know never took it serious. Can you believe it I got to know about bitcoin when 1 BTC was selling at $264.
I also experience like you, I am sorry that I did not buy bitcoin at a low price at the beginning I know bitcoin. if I buy bitcoin at that time maybe now I already have a car. My biggest regret is in the time of previous dump I didn’t have enough money to buy bitcoins and I didn’t avail the chance and couldn’t enhanced my collection and now I regret because investors of that dump time are now securing huge profit and m watching them enjoying their earnings. Lol I am sure there are many users who regret this time why they were an issue in china about the closing of the exchange and made them sell their bitcoin when the price went down and when they see bitcoin re-gain prices they do not make large-scale purchases because they are still afraid of previous losses and now the price has reached $ 4200 up more than $ 700 in a few days, and I know many of them will very, very regret |
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Can you really be sure you will profit unless you have insider info?
a little bit of it i guess but there are a lot of factors to consider when it comes to trading, knowledge is included and you also need high technical skills in analyzing the market surrounding the bitcoin. A high technical skills for analyzing is not really needed because even though you have a knowledge and you know the basic things about trading then you can easily get into and you don't need to stress yourself to learn all the complicated things about trading because in cryptocurrency, even just a basic understanding about the news is enough to make good trades. Nope, basic knowledge just helps you can make good profit when the market still easy and has a trend clearly. Example in May, you only need to buy and your altcoin, the profit will find you and deposit to your balance, haha. i think many people say that the basics of trading is buying at low prices and selling at high prices, whereas there are many other strategies and methods, buying when the upward trend is also the basic method but actually there are still many methods that need to be owned by traders to get a great opportunity to profit in trading, although understanding about the news market is enough to get profit in trading |
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I prefer gold. Because it is possible to hold it in your hands and you always know that you will not remain without money. I think gold will keep having a high value. Bitcoin can go down in value and then you will become poor.
Gold is a traditional investment that has been used by everyone since thousands of years ago, gold is good for investment when we are very rich, but if not then the best option is bitcoin. i think even if you are not rich even though you may invest in gold, because this is the choice of someone, it is clear that investing in bitcoin is very risky because fluctuations and investments in gold are very safe because prices are stable, so if you're too afraid of risk you can choose gold for investment even though you're not a rich man lol |
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