I think bitcoin is so much better than paypal,if you can understand rightly when bitcoin holding, buying or selling then you can choose must be bitctcoin not paypal.
It's one of the nicest thing about bitcoin, you can hold it and wait for the right time for you to decide on selling it. And PayPal is a gateway for sending and receiving payments and bitcoin has this. But bitcoin has more than PayPal has to offer and that's why bitcoin is better for most of us. Absolutely. In my country central bank of my country has restricted Paypal which makes us very difficult to use Paypal especially for sending payments to someone. We can not hold funds in our account and any penny we receive in our Paypal account is automatically withdrawn in to the bank account linked with the Paypal account. Bitcoin is a far better option for us, especially for the international transactions. In what country do you live? So you don't have choice but to use other payment method or stay still with bitcoin. Good thing that there's bitcoin in us that we can use as an alternative for sending and receiving payments. As we are already using it as our major remitting center. |
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 This made my day, I thought it is an article or something informative but yeah it is very informative. As seeing the prices of bitcoin today I thought it will go back at $2,300 and it's already giving me some heartache but it's rallying on $2,400-$2,500. If this is going to be continuous happening, this will be a good thing and we'll never see $1,000 again.
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Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?
Knowing what will be the next coin to pump is not that necessary. You need to know it by yourself and update every single coin that gets your interest. It's not that hard to read a single article about that coin that you think has the potential. I guess 5% pump is already good for you to sell and it is not that hard to look for that coin. |
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I think bitcoin is so much better than paypal,if you can understand rightly when bitcoin holding, buying or selling then you can choose must be bitctcoin not paypal.
It's one of the nicest thing about bitcoin, you can hold it and wait for the right time for you to decide on selling it. And PayPal is a gateway for sending and receiving payments and bitcoin has this. But bitcoin has more than PayPal has to offer and that's why bitcoin is better for most of us. |
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Yeaah this is one disadvantage of bitcoin that it is not completely being used by different countries. But I think it's not the biggest disadvantage of bitcoin as once the system was being fixed and everything works perfect that is going to be accepted by countries and they will voluntarily adopt bitcoin whenever they want. |
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The risk is that bitcoin may be a bubble. Every currency has capitalization. National banks can change the volume, but it is always there. At the bitcoin capitalization is our confidence, but it is too little stability and the guarantee that the price will not collapse like a house of cards.
No, it's not on a bubble. Many experts says that it is not bubble, it's a normal growth of demand of bitcoin that's why the price seems to increase quick and thinks that it is a bubble. Though the risk is always there but only for those new adopters because us, who did invested to bitcoin before it reaches $1,000 we already had good times with it. No, it's really a bubble, a bubble that we're all in. Although we know it well, we can not handle it, a big bubble and we are part of it, if it breaks down, we all have serious consequences. . And do you think the bubble already popped? Yes we do have serious consequences because of the recent price increase there is still many people that thinks it is not a bubble. But the market of bitcoin and crypto currency itself is just a normal demand by the people. And it's becoming known worldwide so it's really making me think it's not. |
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I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
Don't trust some lawyers as they are only for the money. But still there are some lawyers that has commitment to their jobs and contract so it's good also if you will have your last will to your nieces and nephews when you die, just give him some instruction and he's the one to explain it when you passed away. |
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The risk is that bitcoin may be a bubble. Every currency has capitalization. National banks can change the volume, but it is always there. At the bitcoin capitalization is our confidence, but it is too little stability and the guarantee that the price will not collapse like a house of cards.
No, it's not on a bubble. Many experts says that it is not bubble, it's a normal growth of demand of bitcoin that's why the price seems to increase quick and thinks that it is a bubble. Though the risk is always there but only for those new adopters because us, who did invested to bitcoin before it reaches $1,000 we already had good times with it. |
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This theme was discussed for two years, but many people still did not master the essence - HOLD rather than trade.
It's not totally holding, how can you profit if you are going to trade or sell? It's good to sell some when you think it's the highest peak for this month or year but don't push all your funds to be sold. Just keep on holding just like what I do, I have placed some of my bitcoins for holding and some for circulation of trade. |
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im really not sure what to expect .... if BTC goes under ~2250 it will go down to atleast 1800 if it goes above 2800-3000 it could skyrocket higher than the current alltime highe of 3005 or something like this but Segwit SHOULD pump the price because its a good thing for transactions fees but it needs to work...  That's what everyone is expecting to happen. When the price goes up, it will possibly break the barrier of $3,000. But I don't think we will gonna see the price back at $1,800 again though it is still possible that we'll see it there. As we go on positive news and articles that are coming out, more adoption will happen that will have a good effect. |
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Today I do not see any sense at all in the panic that is raised throughout the forum. I remember the last year, when in the summer because of hacking the exchange by a hacker, Bitcoin fell very heavily in price. But after that we see that the price for Bitcoin has grown almost 5 times. I believe only in Bitcoin's strong potential, so selling Bitcoin will be imprudent.
There's no need to panic for now. It's good that we had seen the price quite stable at $2,480 - $2,500 and that is making me more comfortable to just hold. But there is something that pushing me that sell some and play for that amount to do USD/BTC trading as I stopped for now because I'm quite busy in real life. |
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Banks will start wars between countries, races, religious to obtain more power, let alone what they would do for not losing their existince. Unfortunately, they will always exist.
You are right they change many lives and systems just for survival and kills thousands of innocent peoples they can do every thing because they are controlling all things around us many small countries are cannot survive without them and bitcoin is not going to compete with them I guess that's a conspiracy as I know banks are being controlled by a big person and richest organization in a country. And banks are not the one who are starting wars but those greedy people behind it, those that are controlling it. They are wanting to have more power but with bitcoin, I think they will still going to enter it but they won't allow banks to be gone. |
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Young people are the strength of a country and an economy, young people can make change anything within a moment, they are always playing an important role to generate and promote of anything, that's why young people should go with Bitcoin and conquer the economy.
Yes they are and one of our national hero says that it is the future of the country. But there's a certain age of those young people that you could start teaching about bitcoin. Actually if you can do calculations on total bitcoin users. Then you will find that most bitcoin users are young people. I'm sure they found bitcoin because they wanted something new and more challenging to do business. And the young soul fits perfectly with bitcoin It's hard to make a calculation or survey like this. Because most of the time we really don't know if the percentage of young bitcoin users are higher or the middle or older ones. I agree with your last sentence, bitcoin really fits for the younger ones because it's a technology related thing. i agree with you because we don't know how much exactly people or young people using bitcoin but i agree if young people should go with bitcoin but not for all of their money because all of them is not work and many of them is still in school. maybe they can invest from small amount first and then they can invest again if they have more money. but for young people that have much of money, then they can invest half of their money in bitcoin. There's actually no statistics on how many users of bitcoin are there worldwide. As the bitcoin wallet providers doesn't even have an idea on how many of them are only have 1 wallets or what's the appropriate age. But it's a fact that we are so many young people who are into bitcoin and other crypto currencies as well. |
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Being optimistic is good, but it's too high if we are going to think about it's current status. But there's nothing impossible as those early adopters are even thinking more than before. Unrealistic to others and I have doubts but it this happens, all of the bitcoin people will be having a new society, bitcoin richest people society.
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I haven't put my all funds in bitcoins but have invested around 30% of my wealth in it and rest I have invested in real estates as if bitcoin disappears in future but real estate is not going anywhere and it will give me best returns in long term.
That's a lot already 30% of your wealth in bitcoin. I'm curious on how much you did bought or what is the current price of bitcoin when you did invested. I have my own real estate investment too but that's not that big as I always focus more together all of them at the same time. I diverse my money. |
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Young people are the strength of a country and an economy, young people can make change anything within a moment, they are always playing an important role to generate and promote of anything, that's why young people should go with Bitcoin and conquer the economy.
Yes they are and one of our national hero says that it is the future of the country. But there's a certain age of those young people that you could start teaching about bitcoin. Actually if you can do calculations on total bitcoin users. Then you will find that most bitcoin users are young people. I'm sure they found bitcoin because they wanted something new and more challenging to do business. And the young soul fits perfectly with bitcoin It's hard to make a calculation or survey like this. Because most of the time we really don't know if the percentage of young bitcoin users are higher or the middle or older ones. I agree with your last sentence, bitcoin really fits for the younger ones because it's a technology related thing. |
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everyone has their own choice but I can only advice you that if you have a lot of bitcoins then the best option is hold it and to spend it or invest it anywhere, you need to hold your bitcoin for some years and I can asure you that you will really get a good profit from investing your money in bitcoin. I am sure that the price of bitcoin is increasing from time to time and hope that it will certainly give you a good profit after some time. I guess because he has a lot of bitcoins, he has some for holding and he just want to spend it for his own good. But if I had that amount, I'm going to keep on holding all of it and will just wait for an increase. I just learned that while others are greedy, use your bitcoin or spend it somewhere good. |
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I prefer investing and trading since both of them are current profitable for now as most of investors are putting their money in crypto currency so it's a good idea to take an advantage of that.
It's always better to prefer both things. Trading is a good way for you to grow your knowledge while learning on how you will get into the market. While in investing, the risk is also there but you will not be the one who's responsible for your profit not like trading, you will work for your profit. If you are trading you are also investing as well, you should know that because in both you are taking the risk. Actually I have an investment which is for long term but I also do trading regularly, I live with bitcoin and I have to trade in order to make an active income. Trading is a way of investing your money but they have some differences. Just like what I stated above and since you know about it, then you are doing it the right way as you do both things. It's very profitable for everyone to invest while trading as you are maximizing your time and usage of your money. I think both trading and investing have their own negative points but what you are telling is also good that while trading you can invest which will be more profitable. They have flaws and advantages and it's up on how you are going to experience things on these both money making activities. I would do prefer to trade while investing as it's better way when you have the aim become rich. But don't always think that it will have a positive chart on your portfolio. Yes it is more like do not put all your eggs in one basket because if you will just focus in trading and not do investing then you are risking all your money that can potentially lead to a huge loss while if you are well diversified and you have savings, investments and also you are trading then you are financially secured and that is right that not all the times you will earn because there are times that you are doomed and blessed. There are some people that are staying on a specific place such as trading and they can't handle other investments. But I'm saying that don't always be contented for having one investment, if you want to become financially free then you need to do something and invest your money into some places; |
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For me Bitcoin is digital gold.
Someday I will sell it when the price is high
It's digital gold because we consider the value of bitcoin is good/better than gold on these days. But I consider bitcoin as both things, we are using it for buying things and paying which is the role of a cash/money. When you purchase something that is already giving you an idea that bitcoin is cash, digital cash. |
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Its not good to stop trading now on this moment. Bitcoin will be more used later and that is very good for trading.
We all hope of course that it is more used and that we can have some profit of it, that will be nice.
You will have a lot of regrets if you are going to stop trading right now. A lot of declaration from different parts of the world about adoption of bitcoin and that's why you need to be strong in terms of trading. Always give yourself a delight that one day your hard work and losses will be paid off only if you will hold on. It seems to me that everyone has the right to stop trading exactly when he thinks fit. We can not make decisions for other people. But it is important that a person then does not regret his decision We have our freedom on when to stop or pursue our trading career. Though don't get me wrong that I'm not pushing everyone to stay in trading but I'm saying that you will miss a lot of chance as this type of earning is popular and will not get old. But if you think there's no growth in this career, of course decisions are being respected. |
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