I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
nothing would really happen to bitcoin without china because as you see thesedays bitcoin is back and still increasing and soon will skyrocket and reaches to the moon, no matter what crisis its facing. the storm has passed and theres a new season that is blooming on to bitcoins and lastly we wont be dead without china or other countries and online exchanges. Same thing here, Bitcoin does not need china, The loss of one country does not mean the end of the world for us. Bitcoin is a currency for international, it does not mean a currency centralization in a country like China. Therefore, the opportunity from bitcoin is for everyone and It's still profitable because it's still on rising their value. Of course, Bitcoin is decentralization system, it does not like currency is centralization in any country. So, no country can controls the price of Bitcoin and only the Bitcoin community can decide its price. Today, the price of Bitcoin has proved it still strong without China is right. |
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There will be a lot of people selling their alts in order to get the most of the bitcoin gold fork so it might be the best time to buy those alts that you were holding off on so when people get their gold and dump it and come back to their alts you can make a little bit of profit, maybe,
But I doubt this scenario will be failure, you must to know most of the traders have experience from Bitcoin Cash also know the event airdrop from Bitcoin only a trap to make us sell our altcoin, only newbie are traders can not know that. Therefore, maybe, we have not much traders want to sell their altcoin to buy more Bitcoin. |
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I have never sell bitcoin that I already have if I do not need money, I mean I just sell bitcoin according to my needs. for trading I prefer to trading altcoins because there are many altcoins that are very good for us to trade
Each bad news people thinks ok we are out of BTC and they will see it the only one holds like BTC and LTC , all bounce back to normal level as for this month more than 5k and LTC as 60$ , we used on these normal days with BTC high low . Actually you only need to hold your Bitcoin, you still can get a lot of profits at now. Litecoin has dumped to low price again, it can not keep its value after reached @0.02 BTC in second time. But look at the price of Bitcoin, only Bitcoin is raising up more value and stable at high price every month |
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There is a possibility soon but not too soon I think. I believe it would take a decade or more but it's very possible.
bitcoin is good as it is, because bitcoin is popular due to dollars, if dollar doesn't exist bitcoin never makes such reputation, if bitcoin replace dollar then i think there is no profit left for bitcoin holder. If bitcoin will replaced dollar then it means that there is no paper money or any fiat that we are going to use in this kind of world and we are all be relying on the cryptocurrencies that are created and all in online and that is how we will do transaction and for paying things but it will be a chaotic scene for sure so i think the government will never allow this to happen. A world only use digial currency will make the hacker community try attack more. You must to remember the method to security digital currency does not better than paper money. Although no one can not attack blockchain system, but hacker can gives us virus through internet fron anywhere and access into our wallet. |
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interesting question and it certainly is one of every bitcoin user's hopes to see this happen. but it needs more time because we need more transaction per second capability and also we need lots more adoption so that there is someplace to spend bitcoin on. first people have to start adopting bitcoin then they have to start asking/forcing merchants to accept bitcoin and in time i believe it can replace Paypal completely.
It will happen soon enough, its complicated to start a paypal account in the first place and its a hassle using paypal. People find it hard to use specially those who are not that techie and do not have a debit nor credit card. I could say its too limited and fail to adapt that the fast changing online market that is why its starting to get outdated. Especial, if you send or receive a huge amount of money with Paypal but the source of that amount or your account is not clearly, you can get limit 180 days from Paypal and can not send your money till ended this limits. One of bad security function makes me hate Paypal. |
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To see the growth of bitcoin price, than it is not difficult to say that in December of 2017 bitcoin will be come at $5000. Because, now everyday we see bitcoin price is going to up.
Price is going up at a moment but we may see major price crash in coming months too as its not guaranteed that price will only keep moving upwards and if we don't come across any major bad news then that price is likely to be achieved by the end of the year or may be even before that. Haha you are wrong, the price of Bitcoin did not decrease, on the contrary, the price of Bitcoin continue to increased and reached $5,000 today. Of course, I can understand no one can predict exact the price of Bitcoin in next 2 months, but in that time, I believed it would do that. |
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I can see that people nowadays are busy searching on money and everything depends on money. People nowadays never go to church just because they would rather earn money rather than praise God. Others do not pay respect to elders because they earn money for them or richer than them. Well for you, is money above all things ?
People searches for money because this such an act of man, an act of surviving, we look for an extra way to get extra income. If you are talking about people has been seeing bitcoin as God , of course its not right we should consider the most valuable in our entire existence and thats God, not being dramatically religious but Im stting a fact which may change someone's perspective in money it is just part of temporary things that we must neglected and God with faith must take in. Everything can be the God for anyone if this thing can change its life. Of course if a person can helps me when I am having the most difficulty, I will think he/she is the God for me, because the fact only he/she can helps me in that time, is not the God. |
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1st reason we believe that we will earn a lot of profit very fast cause if there is a good project you have the opportunity to be huge in the future.  A fast profits always has a high risk in same time. You can have profits if you can sell your token at highest price after listed on exchange, but then you will be loser if you can not sell your tokens before others took profits. |
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Many people need big proof to satisfy that this site is legit ..whats the best way to convince your relatives or friends
Some people are to see is to believe, meaning they need a proof in order for them to believe what you are saying. It is a good way if you are convincing someone to use bitcoin and you will show them your earnings. If you dont have any earnings yet, you can discuss to them what you know about bitcoin and the ways you can earn it. Its up to them if they will believe you or not. You have not proof, they will see your style work, of course, it not too useful for you. You can find the success story of someone has succeed through Bitcoin, it is also one of the ways to convince others but the but the effect is not as high as yours proof. |
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Bitcoin's price is showed daily many times on Bloomberg TV. The price instability and the huge spikes are making it perfect for trading! Traders are looking for currencies they can trade for which they can also make the most profit they can. Having $100.000 in Bitcoin makes every cent moving matter. Instead of GoldOZ/USD which moves only by a few dollars with every important change, Bitcoin can even double or triple.
It' such a fkn aggravation. Buy and hold. Every time I fkn sell my positions it goes up. Last night I sold at 4840 thinking it was coming back down a bit and I wake up to an over 5k bitcoin. I'm so fkn pissed. Now will have to wait for a retracement. TRading is one of the most aggravating things you can do. Buy and HOLD unless it's really confirmed that it will fall. You hold it but you have not any target, therefore how do you take profits? Depends on each cycle? Nope, I do not think this is the good choice for a professional trader or a really investor. This is the way for gamblers. |
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With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?
If the bitcoin will drop at very low price at this week, you should buy some bitcoins and hold it for a month because we know it will continue increasing its price according to the chart but I think bitcoin's price will never drop. Now many peoples waiting for this when its price going to drop but I am sure its not going to drop too much because now its going to around 4000$ and as you have some good price then you can cashout this because I personally have few cash outs and then buy again on good price as its nature of this bitcoin Of course, why does Bitcoin need to dump again after dropped down below $3,000 in last month? That time is the best time to buy Bitcoin, if someone had missed this opportunity, they need to accept that and find new opportunity  . |
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Bitcoin is cheaper, faster and possesses fewer errors in terms of fractional banking. Cash is good for making transactions on the day of purchase. In terms of holding for a long period of time, you are going to want to keep your Cash in the form of other assets like Bitcoin, Gold, real estate, etc.
The truth is that cash is affected by deflation and other forms of economic decline whereas Bitcoin is impacted by the effects of deflation, and thus the price goes up. Lastly, cash is politically based so if for whatever reason the Central Bank in your country goes down, so will your cash. Bitcoin does not have this property. Only when you need to have liquid assets to spend on items would I suggest to keep and carry cash.
yes i agree i think it is all because of bitcoin price and it really matters the most .if you only hold youre money you cant earn.because mobey has its correspond value give by the government and it cannot rise it is a stock value. While in bitcoin if you hold and invest into it maybe on the next day you can earn alot because it is an investment that can give you a huge profit if you are lucky and you get the right timing .that was the big advantage of bitcoin. If you put your money in Bitcoin, it can has a chance increases your funds, of course, maybe you forget it also has a risk decreases your funds if the price of Bitcoin drop down on the market. I do not think it always happens as your hope, sometimes it will do the opposite your prediction and make you have loss. |
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I don't think that paper money will be used in the future anymore, since producing paper money is impacting our environment greatly, paper money can be faked (technically) while cryptocurrency is almost impossible to be faked on. Cryptocurrency is also a safer alternative to paper money. I think we will see this starting to be introduce in around 10-20 years because the community who doesn't understand the beauty of cryptocurrency will refuse it to be implemented.
In the future, there maybe a cryptocurrency that is going to replace our traditional stock.
Agreed, now the direction to eliminate paper money is increasingly clear, for example many countries are trying to reduce cash transactions and replace them with digital money. No, digital money still strange with my country, other countries also do not have a clear way to change paper money recently. The government only want most of the people use Visa/Mastercard as the primary payment method instead of use paper money to purcharse something. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me at first it is risky but when you know how to play this trading i can say you will invest all your money to it and in this trading you have to be wiser and stick to the traders saying buy low sell high and be patient to wait for the right time to invest. I do not think a professional will choose the way put all money into Bitcoin or trade on the market. The professional trader always has a backup funds to helps its avoid situation miss opportunity on the market. |
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I prefer bitcoin because it is only the digital currency accepted in our local base platform to convert to cash so I prefer to earn it. Besides, most signature campaign in bitcoin pays weekly while in altcoin, there are few who pays weekly while most of them pays after 1-3 months which is quite long when you have urgent needs. I decided however to join signature campaign in altcoin now because I am quite busy and will not be able to fulfill the post required weekly in bitcoin signature campaigns.
Bitcoin as the world wide cryptocurrency and ethereum as the token based in the smartcontract and another revolutioner idea. As i understand ethereum and bitcoin were the same as the important currency in this time. Bitcoin is not good on the technology but ethereum is good on it. and ethereum is not good like the bitcoin in the world wide adoption. Why not? I think the smart contract of Ethereum really good, it helps us solve many problems as want to create a crowdsale for your ICO project. In the past, when we still have not Ethereum and smart contract, create a large crowdsale and raised a huge funds is impossible. But after we use smart contract, let's see the ICO market, it increased many much. |
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Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's. Certainly not a year long 5x depreciation again.
I can't see the bearish support right , All i can see is about the correction , from overpriced around $5,000 down to $4,000 , It's just the matter of market stabilize i think , Sooner or later will be back up especially in the next year , the end of year for bitcoin always about correction time. Bitcoin market is already come across a correction, we experienced a lot of ups and down in bitcoin market, even bitcoin price come down to 3000$, but after that people start buying again and still people are confident about bitcoin to purchase, therefore i am sure that the bullish trend of bitcoin will continue for a long time and hope to see the price of bitcoin trading above 6000$. Current bullish trend of Bitcoin market only by the airdrop money Bitcoin Gold from hardfork in November. So, I do not think Bitcoin can keep its value after that time. Although I'm putting almost my funds into altcoin but I still want to trade Bitcoin for short term, because I can make a good profits till November with Bitcoin. |
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I think you should buy because as long as bitcoin increases it's value every year it is better to buy than to sell bitcoin but you need to do is to wait.
Agree, I'm optimistic the price will soon reach $ 5000, the user waits for what will happen after 25 october, if all is not a problem like 1 August then the price will skyrocket and buy is better for now. Everyone here is optimistic that the price of bitcoin will be reaching the line of $5,000 very soon or if not before this year ends. I have no more doubts about bitcoin and I'm just subjecting those speculations that are unreal and very exaggerated. And you should buy if you have budget for it but if not then just hold the bitcoins that you have. I don't care about those forks and other events that are about to come, we are many believers that bitcoin will increase either those forks will come. If people believe that the price of bitcoins will hit $5k at the end of the year then they can afford to buy it even at the current price as they will surely make profits when price reach to that level as I don't think that price will crash now as it has started to move upwards again slowly and steadily and we can expect much higher price in next couple of days or weeks. Most of the people that are buying bitcoins early now are the ones that want to get some bitcoin gold and after getting that btc gold they'll sell it. And this is the typical act of professional traders or experienced ones because it's about getting profit and if you can take the risk and you know what you're doing then you are fine to buy now because later on the price will start to increase no matter what happens. Yes, This is why, Everybody is putting money into Bitcoin hoping to get free money from Bitcoin Gold and B2X. After both forks, we will see everyone panic selling. However, I love this trend. Haha, a scenario can not repeat in a short term, even this is the big airdrop money, I do not think we will see a Bitcoin Cash version 2.0 from Bitcoin Gold - new clone from Bitcoin original in fork. Therefore, I will keep my altcoin and wait its value increases to the moon again. |
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Many people asked me about bitcoin. First of all, I have not tried to understand. But now I am using this bitcoin. My friend has been interested in understanding me bitcoin completely. He is a bincoin user. He is now using bitcoin and success Have achieved.
You have to remember we have many type to using Bitcoin, it depends upon the way you choose to use your Bitcoin. If you only an user normal want to use Bitcoin to transfer your money fast, do you think you will get profits from Bitcoin? |
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Investing is good. Nowadays, if think where can we invest safely without worrying about btc we scammed? Because trading also an investment that's more aggressive in achieving profit and risk. Both are good and profitable.
I think trading is better than investing, the thing to consider is because with trading then we can get a faster profit and shorter than investing. so I advise to choose trading rather than investing. No I think probably investment is a better option than trading .trading does require both the experience and a good skill set but on the other hand investment could be a chance to earn much even if you are a beginner in this field. Therefore, I support investment instead of trading as a way to increase or double the amounts I already have in my bank account. Indeed, if you have not any experience or skills for trading, investment will better choice than trading if you want to make money from Bitcoin. Example you know the price of Bitcoin can reach to $6,000 or more than in next time, you can buy a lot amount of Bitcoin, because you only need to hold your Bitcoin till reached your target, easilier than trade. |
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I'm first hear about bitcoin via social mediea.
You are lucky that you had the great thing on your social media account. People are spreading the knowledge about the bitcoin all over and it is the time to use bitcoin and get the profit, so having bitcoin means having something special. The bitcoin money is the money that is for all the people the rich and the poor. I heard about the bitcoin from my friend. Depending your liked pages you will see that information flow on your timeline. If you dont have any interest on crypto or never like that kind of pages facebook doesnt gonna to show you this advirtesement/post. Hmm... today I think you do not need to care about this issue, because Facebook or Google Adsence are smart advertiser. They do not ignore chance to advertise the cryptocurrency world if you really interested. |
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