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he may have blend in with the community and behave like any1 of us. trying not to get too much attention to himself, he could also be laughing at one side to see how people r struggling to understand more about bitcoin, how to protect it, how to use it etc.
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i think bitcoin is quite balance between annoymity and decentralise. however, i am worried that the bitcoin is not able to spread out evenly and will dominate by minority. in this way, it is not healthy for the whole population.
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i do have 1 bitcoin but it is currently in investment, i know it is a bad idea but i always just cant seems to be able to keep 1bitcoin without doing nothing to it. and becuz of that i have lost like 17btc or so. hai.
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In bitcoin world if you think you are earning something for free it is usually the other way around - and you are being the product, not the customer, while service you are using profit from your actions.
I don't know why people still think that earning bitcoins is different than earning money IRL, this is huge misconception we have to deal with as bitcoin community.
cuz to them, they cant use bitcoin to buy things they need daily. while money can. so to them, money can help them survive while bitcoin to them is like luxury goods at this point of time. |
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Honestly i think we are in for a treat this year.
The price has gained a lot of support. While we were at 220 USD in the beginning of this year, there is some strong support at 420 USD now.
I would like to believe you but for me everything with bitcoin is so unpredictable. For now i am just enjoying this high price and selling my coins for profit. bitcoin is never predictable for it immediate price. but if you look at the big pictures for the yrs, it has grow steadily in terms of price and in term of reach out to people. and so you can more or less guess how it will be in 2016. but will there be extreme up and down, we cant really say. |
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although 2015 is a quiet year, but as u can see the price of bitcoin is rising steadying throughout the year. so for 2016, if the trend continue to be like that, it will be a huge news and definitely a great investment options and it will result in another boom which again will cause many casuality.
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well who say we cant use both methods, u can choose which method u like best. i can see bitcoin like a credit card/debit card where i no need to bring cash out and i need not have to keep the changes which i dont really like to have.
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it will be a digital currency reachable for all country. it will be the best method to use for buying and selling. everyone will be hungry to get their hands on btc.
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it is more like an investment now as you can see a lot of people r buying btc is just for keeping and not for spending. but to be used as a currency there also must have places where you can spend and this is a real problem as a lot of coutnry dont even have such places for u.
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So i was watching Matthew Santorro new video that came out a few hours ago and in it he told one fact about bitcoins. I guess bitcoins will attract some new members as a lot of people view his videos. Here is the link to the video: https://www.youtube.com/watch?v=wVN7ywBSyIk the fact about bitcoins is #4 Michael Santoro's account has 5.02312 million subscribers, but unfortunately bitcoin just discussed a little, although it was nice, but certainly not exactly the maximum effort to advertise bitcoin. Well he hasn't attained 5 million subscribers by talking about Bitcoin all the time. Any mention of it should be good enough, regardless of the impact. If he talked about Bitcoin constantly, or excessively mentioned it in his videos, I can almost guarantee that he would not have the 5 million subscribers that he has today. He has no intention of advertising Bitcoin, he merely has to find content for his videos. but well this millions of viewers on his video will be negatively aware of bitcoin and will be more on the fence to try it out. so may not have a huge impact but u never know how one can link to another. |
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It may be a possibility, but here's another possibility : people that were expecting the halving to be awesome buy a lot during the months before it, and thus the price grow steadily until the halving. It may have already started with the November pump.
i think with the halving coming, more people r less unwilling to spend the btc cause it will be harder to acquire so end up they keep the btc and there is lack of movement. |
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it has happen a lot of times already. when halving, the price seems to be constant and no changes. the key is that there is no demand or usage of bitcoin so the whole market of bitcoin is still and not much movement to drive the price up. so wherther it is a gd or bad year, it all depends on us the user how we use btc and how to expand the system.
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yah we r indeed the son of satoshi. we keep the bitcoin community alive and we manage to evolve it into something bigger den it was ever were. money from all over the world r pouring in and prices of btc is rising slowly and steadily. well to go bitcoin!!!
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whether it is legal or not really depends on the country. some country disagree the use of it and even ban it. also depends on what u use the btc for. some use it for drugs which turns out to be illegal etc.
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I think you are talking about 1 bitcoin, if you have enough money than you can buy 1 bitcoin right now without thinking much as price is some dollar low than usual. Best time to buy.
yup, the price will keep increasing so it is always good to buy now and hold it. you also can consider to use it whenever there is a need. in this way u also can help to generate more flow in btc. |
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i also think the same way, i am thinking what skill sets should i get. of course one of the best skill is how to 100% secure ur wallet and how to retrieve it. to be honest, after reading for so long, i am still very blur about it n the amount of work is really crazy as well. do anyone really follow these advices?
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the cheapest i have bought a few when it is 50$ but i have sold all my btc when it is 600$. now i bought 1 btc cause i really like btc system and i believe its growth.
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Not yet.
Global currencies on earth are USD, EURO, GBP etc.
Bitcoin is still relatively unknown virtual currency but without big global influence.
This is reality and we should accept it.
Of course, eventually i believe that bitcoin will become mainstream but this will not happen so quickly.
yah i also believe it will be mainstream in the future as it can do so much more things that others cant. just like i wan to tips a website that does not know where it belongs to, i can use btc. if want to cash transfer, there is tons of info u need to find out etc. so dealing with international trade, btc is really amazing. |
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it will definitely take time. as for now my country, it used to have btc atm but no one used it so now it is totally gone and it is very very hard to find one local shop that accept bitcoin. so it will take time. however, i can buy international items especially digital good easily with btc.
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well anything is also not real if there is no demand for it. why is gold and silver valuable for money, cause they create a demand for it. why is a country currency value for money, cause they can use it to purchase items, why is diamond value to be bought? to be honest, bitcoin has no value if there is no demand for it. however bitcoin is often being used by a lot of people for it provides some benefits that no other currency can do. it is send and receive in an instant, no need 3 days waiting time for bank transfer etc. no reverse trade which is gd for seller etc. so as long there is a unqiue demand, bitcoin is real money.
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