It will dump back down just wait for those greedy suckers when they smell money they will go mad like sharks do when smell blood in the water, if these dumpers never existed then how'd you suggest for the Bitcoin price to decrease ever at all? When it started to rise above $2300 it was the time every body entered and price is rising again and again, good thing about it though we don't have more than 90M coins to worry about large dumps. unfortunately for any body without any Bitcoins we're heading up and up we go and then will dive down to $2400 just to take off again, so next time when you see price is down don't make a sad face instead get in and hoard.
Now again price raised and touched the value 2850$. I think if this bully bump occurs continuously, we will see the bitcoin value in the 3000$ or next peak in this month itself. I think we must hold the bitcoin at this moment. You can easily double your bitcoin before this year ends. preferably bitcoin we have stored more securely so that we can benefit from price increases likely in bitcoin later this month will take place at the height of the bitcoin reach because the current $3000 've reached $2750 but the price is not yet stable shows sometimes bitcoin ride sometimes goes down, we should be able to hold back against the current price bitcoin As stated it's good to hold as much possible to profit big in the end of the month or by the end of the year. From the beginning of the ongoing year the price increase has begun to grow in a larger scale. Expect to enjoy much more crazy price moves in the future days.
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$42000 is quite good to make a better earning through diversified investment into trading of altcoins and bitcoin. In reality I would like to suggest to invest it into some realtime or online business with bitcoin and few altcoins acceptance. This will help earn a better and grow your business good as the days of digital currency usage is increasing rapidly.
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I won't advice you to put all you fund into bit coin, apart from the fact that it is risky, as a business individual you have to diversify as a strategy.
Diversification of the assets is the best and safest way of holding our funds. In my view investing into bitcoin is a good decision, but what needs to be done is invest as much possible and take the profit out of it in a very short time. This will help earn big and invest the profit into other assets leaving the capital into bitcoin.
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By the years to come the competence will increase, as more and more altcoins as well ICO's are getting listed to the trading platforms. However potential altcoins emerge bitcoin will be the leader of the entire cryptocurrency, so the competence will be between bitcoin and the entire altcoins.
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As stated downloading it through wifi or Mobile data is quite easier than downloading it to computer and once again moving it to the phone. This is just a very small file that would be having a maximum of 20 Mb and once you open it you'll get step by step procedure to activate 2FA.
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When bitcoin and PayPal are compared one over the other one could find lots of differences. Personally PayPal serves to be a transaction portal whereas bitcoin serves itself as a currency network and as a payment portal. Now this has found its need in other investments and related platforms, So bitcoin wins the run though PayPal is highly popular all around.
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What Trading Strategy?
BUY BUY BUY in 2014, 2015, 2016, 2017
then SELL SELL SELL in 2018!
What's been quoted is same as the bitcoin trading where bought low and sold high. This is the common strategy and I too follow this and we cannot get the chance everytime, so used to just hold it for a value increase after days and will then sell at least to get a minimal profit other than the capital.
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By 2020 I expect as well predict the price will be sitting closer to $5000 or above $5000. The reason is that by 2018 a good price increase is expected as more and more Countries have been coming into digital currency development. Along with this by 2020 a halving takes place so sure a next price increase is assured. So the price reaching $5000 has got increased chance.
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Gold is real and it will never depreciate even in the event of a global war, and bitcoin is good for quick earning and convenient purchases over the Internet.
Value depreciation is one among the factor that easily attract the common people. When we think of bitcoin, it has given such a big growth in a very short time period, whereas gold took hundreds of years. So this long years give a increased trust on gold compared with bitcoin though bitcoin has got increased growth percentage. It's good to select based on the profiting and security concerns.
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If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
If i have a desperate need for money,then i would ask a loan from my relatives or friends.If i am unable to get,then i would try to get loan from bank.If i fail in that effort also,then i would try to sell one of my costly stuff to solve the problem. As stated most of the time I too prefer going for a loan when I was in desperate need and my neighbours and friends ignore to help. Probably I used to get loan placing gold as the collateral as it's the most valuable asset that has got acceptance as collateral in my locality.
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Restaurants accepting bitcoin has found high in Japan due to the recent legalizing, but the government believe that it needs to make further changes to a bigger scaling to compete with the Countries next to it. As a part it has made plans of doubling the bitcoin accepting merchants in all firms once again to stand as the leader.
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$10000 is something a big value to make an investment. In my view I would suggest to go for a diversified investment into few of the coins similarly ETH, NEM, Ripple and waves. You could sell it periodically and get at least a small profit, because these alts have been growing with good market volume.
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Every employee will be provided with an retirement fund on retirement by the particular firm for which he has been working for years and years. In my view it's good to invest the partial amount got as retirement fund into gambling, so that with the periodic price difference can get an additional earning and have the capital as same as the time of investing.
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Gambling and trading are the one that provides the highest earning than any other means of bitcoin and other cryptocurrency earning. Both differ much in all the features and at one point trading can be considered similar to gambling. This is when selecting an altcoin in a random manner for trading purpose. Here the luck gives the profit same as the gambling.
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I have heard about bitcoin when it was around the price of $4. When I suddenly found this going high in multiples of 100 made me realise the growth of the ethereum. Right now this looks to be the favourite altcoin and will invest to get the profit by the upcoming pumps.
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Introduce them like for example showing them my wallet, the balance it has and they will be amazed and ask where did I get that and there it goes. I teach them the important things and the rest is up to them to learn more though we share new things we have encountered so that the other would know.
That's a common way most of the users prefer to explain it to the new people who would wish to start using bitcoin. I too prefer this and soon after showing then the balance I used to explain them about the way how it can be converted to the local fiat. This gains a trust from the beginner and based on his willingness to know more provide further explanation based on the knowledge I have on bitcoin.
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a funny question!! Why not, it's crypto-currency. And we still use it to buy stuff and exchange to real money to use in real life... And it's very popular on the world at this time, too Crypto currency is not as popular as we would like. Some people use it as money and are therefore called money. But I think that this is not just money. This is the payment system and the way of investing This is a payment system that has got used in different forms based on the requirement. So some prefer it as an currency as it can be converted to.any of the traditional currency. Others gives importance as an investment because of the growth it provides within time intervals.
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That's a good domain name which could easily get relative to the bitcoin network. As a part I could suggest you to develop the site with better bitcoin contents. This might increase good traffic to the website and at some point make a selling of the domain you'll be profited good.
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The growth and fall in price happens unexpected. We can make predictions based on the scenario happening over the entire network. The current price increase is quite a sustained growth caused due to the increasing adoption, so a dip these days is not gonna take place. A dip could take place if someone in the top development team gives some negative statement against bitcoin same as one happened in the past.
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It depends we need to do the best we can, because more the people coming into it more will be the growth as well the long lasting of good price. If you feel that explaining to someone might be getting a positive response from him/her without hesitation I used to do it. Because if someone doesn't show interest and we explaining to them is making ourselves into emotional outbursts.
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