It definitely is possible to trade with small amounts, but the only problem is that you will earn money very slowly. You might not even earn money, you might lose money.
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Mining is profitable, therefore no one would mine. If some people think it's not profitable, the difficulty will drop, and some other people in some other place with a better ratio of electricity/cost will take advantage of the decreased difficulty to start a mining business... Bitcoin network will always adapt, it's a free market.
No other coin is anywhere near being competition to Bitcoin, so sit down and wait because it's not going to die anytime soon.
But as the block reward continues to drop, mining becomes less and less profitable every halving. Maybe one day only a couple of people will mine and it will take hours or even days to get into a block.
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Missing the hype. In 2013 there were 2 big rallies but since I'm in the Bitcoin scene there weren't any rally yet. I'm patiently waiting that hype. If it won't come next year I'd be very disappointed.
I think that the hype is slowly coming back. With the large price rise, a lot of people will want to invest and the hype will come back. I just don't like how long the transactions take. Everything else about Bitcoin is awesome.
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I've been using blockchain.info for years - i've never used a cold wallet once. Takes to damn long to download the blockchain!
No offence but that is pretty stupid. Why don't you just get some kind of hardware wallet like a trezor or a ledger wallet. That is a much safer option unless you are dealing with small amounts of Bitcoin. But blockchain is definitely the best online wallet.
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Most local bitcoin meetup groups will probably hold some sort of party so check them out. We have already reached $1000+ a coin here in Australia and it's Friday night so i will have a drink or 2 to celebrate I also live in Australia and my friends and I went out to celebrate on Thursday. I just hope that it continues to rise and we can say that the price is $1500 AUD.
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There is definitely a chance that the price will double, but it is a very low chance. I think that $1000 after halving is a more possible amount. Any amount over $900 is good though
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Sub 400 is incoming, get yourself prepared. Indicators are all pointing down!
Well I guess you were very wrong. It didn't even go close to sub $400 and now it has gone all the way up to $750. Hopefully you didn't convince anyone to sell their Bitcoin.
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Everyone thought that ETH was going to overtake Bitcoin and I guess that failed miserably. Bitcoin rose quite a bit already but it is now stuck at $750. I hope it keeps going up.
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Well that is good for most people on this forum and it is really good for me. I sold all my ETH ages ago and invested on Bitcoin. The price is kind of stuck at $750 now though. I hope that it can push over the $800 barrier.
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You should definitely not sell your Bitcoin now. Bitcoin is doing extremely well at the moment and the price is going to go up even further after Bitcoin. Hold your Bitcoin is my advice.
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That video is just so retarded. Who would buy a brick over Bitcoin? Unless they were building a house or something. Imagine if someone bought a brick as an investment instead of Bitcoin.
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I hope that Bitcoin keeps on rising and it manages to hit $1000 or even go higher than that. It is going very well and the price is just sky rocketing. I never thought I would see this much price rise in such a short amount of time.
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Definitely...if you time it right. People on localbitcoins routinely sell their BTC for 10% above the market price or more. People are willing to pay that much since they don't have to upload their license to Coinbase or another site and can buy BTC straight from you.
That is very true. I am trying to buy Bitcoins off localbitcoins and everyone is selling for such high prices. Your service is coming at a good time if you decide to start it. A lot of people are buying and some people are selling.
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I heard about Bitcoin back in 2010. I never really did much with it as it was only a couple of cents. I thought it was a bad investment so I continued with my life. About a year ago I invested in it and I am still earning Bitcoin to this day.
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I use it as a store of value and as a way to send money to friends and family. Quite a few people that I know use Bitcoin and we buy things together so that we get better prices.
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No offense SFR10, but you should change your writing style. Editing the old post instead of make the new one will confusing most of the readers. I know you do that to avoid any unimportant bumping, but as the manager, you have to make everything clear.
Yeah well if people actually want to join the campaign, they will be fine with looking for the post. Why are you even here anyways? Are you trying to get into the campaign?
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I didn't check my balance too often because i'm so busy on doing signature campaigns and also doing some trading. I check my wallet balance when i send like 0.01 above because im curious on how much it will increase to my balance (in USD).
Yeah that is the same as me. I just post and trade for most of the day and I am not bothered to check my balance. But I always leave a coinbase tab open so I can see the price rising.
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I already spent most of my Bitcoin buying steam games and in-game items. Now I am trying to earn it all back so that I can hold while the price is rising.
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If I could just go out and buy a Lamborghini with Bitcoin, then I definitely would do that. But that problem is that no one wants to be paid in Bitcoin. I would way rather pay in Bitcoin so that I didn't have to go through the hassle of selling my coins, but I doubt I ever will be able to buy a Lamborghini with my Bitcoin.
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bump
still selling
I definitely would have bought this account for $25 but then I saw the amount of trophies. If you get it up to 1500 trophies then I will buy the account. Try to do it quick though. I am on the look for other accounts as well.
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