It is difficult to predict, anything can happen in 20 years. but I'm sure the price will reach the bitcoin $50.000 or more.  Well it's really hard to predict with a longer time span but there's one thing that's sure about after 20 years. It's either the price will be at $10,000 or the price will become higher. And by that time, there would be many people that are going to use bitcoin and the world will be filled by crypto currency and everyone is exposed with digital transactions. |
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So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it. On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.
Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it. Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income. Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing. Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort. I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin If you are still looking for profitable alt coins to mine, why not try to mine ETH? The price of it now is very promising and it's increase is realistic. Also it's good to consider Zcash, I have a lot of friends that are mining with it and it is profitable for them. I want to mine but still I don't have my own rig but it's convincing me. But how profitable is extraction today if we look at the cost of equipment and, accordingly, the cost of the mined? Does it make sense to invest money in equipment in order to extract coins? It is profitable and you can see a lot of people that are building their own rigs and even their mining farms but they are focus in mining of alt coins. If you are planning to do so, you should do your own research and compute the cost of your investment and as well as expenses. It is making sense to invest for building up your own mining rig for alt coin. |
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So you are comparing mining with trading. Minning need a quite a good investment of hardware and only then you can mine. Bitcoin mining is so difficult and expensive that an ordinary person cannot afford it. On the other hand trading can be done with minimal investment and it can also give you quick and better profits than mining.
Remember that mining now is not profitable and it will just going to give you some big loss, ASIC mining is expensive but if you want to mine, I suggest you to do alt coin mining and just trade the alt coins that you are going to earn. In that way, you are doing both things, mining and trading and there's nothing to lose on it. Agree with you that mining we should mine altcoin now than bitcoin you can get much higher profit in altcoin because value of bitcoin now is too high you need is great miner to give you great income. Also in trading much better to trade in altcoin that bitcoin itself, and this is the great time to buy more altcoin because the value of bitcoin is increasing so altcoin value is decreasing. Mining with alt coin seems to be popular right now because those people that used to mine bitcoins shifted to mining of alt coin. It's a dual purpose as the title is saying there's no need to compare, why not try to do both things so that you are going to get a lot of chance of earning bitcoins that can be good and worth it for your effort. I agree with you, now the extraction of alternative coins is thriving. I'm also going to do it and now I'm thinking about which coin is more profitable to mine. But I know for sure that this is not bitcoin If you are still looking for profitable alt coins to mine, why not try to mine ETH? The price of it now is very promising and it's increase is realistic. Also it's good to consider Zcash, I have a lot of friends that are mining with it and it is profitable for them. I want to mine but still I don't have my own rig but it's convincing me. |
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Bitcoin is the mainstream in the crypto currency and it's followers which are alt coins have their list and tops. The second to the top is I consider as the most popular alt coin, currently ETH reached another good amount and a lot of holders of it are really happy about it. And for the next on the list is LTC and XMR.
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Read and understand the terms of service. If you follow the rules, you'll be fine.
It is really good to follow the terms and service of all the organisations but PayPal terms states that there is something called seller protection, but even though i provided all the proofs and receipts the buyer still won the dispute. PayPal totally follow that 'consumers are king' It's unfair, PayPal is not seeing the side of those people that are being victimized by those dispute abusers. That's why I stopped using them already because if I will keep on using them, they are the biggest contributor of my headache. But they are a legit service and they are running for years, but this is a problem that they need to do something. |
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Bitcoin for me is my main way to manage and safe all my online money, I used to use PayPal but I like the concept of crypto currencies more.
It is safe but the problem will go to the online wallet providers if they are trusted. If you had chosen the worst ones and does have a plan to get all your funds then you might lose a lot from it. I'm a user of paypal too but I stopped with my clients that are paying me through PayPal as I prefer bitcoin because of the lower fees. |
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paper money will continue to be problematic because times had changed, the transaction may not continue to depend on global paper money because human mobility is very high. bitcoin is the best solution to replace its paper money.
We are into the new modern day and the technology is on a fast paced. The future of paper money will be depending on the technology and just like bitcoin, currencies will be on a digital type. Because paper money is going to be obsolete as people wants to make the transaction faster and that will be possible with online transaction. |
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Bitcoin is the digital currency of the new generation and it is more created for entertainment. I do not expect a long-term outlook, because without the Internet, it will simply disappear.
I don't think it's more created for entertainment but it is certainly created for avoiding centralized transactions and it is good for investing. Why people are keep on telling about the disappearance of internet. With the current situation of the world today, internet is a necessity and it is not going to disappear, so bitcoin will remain and will be treated as money and investment. |
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You can earn that amount by trading altcoins but there is also an risk of loosing your money if you invest it in wrong coin so you have to go through great level of market research before investing in any altcoins and to earn 0.1 btc per week you should also have good capital to invest.
It is probably a good idea that if you don’t have an idea or experience in trading that you begin to trade bitcoin and not altcoins, since altcoins can be incredibly unstable and the price can move very abruptly but the chances of making money on altcoins are higher. It will also depend on how much you are going to invest, this is a hard start for those people that wants to start 0.1 BTC. But if you will pursue that you really want to earn this amount weekly then you should need to do something about it, research is going to be one of your tool in earning this amount with trading and as well as experience. To researching the entiring altcoin will take a long time. It's better to just focus on some coins that have good fundamentals. I do not think that novice trader can earn 0,1 btc per week in trading. experience and knowledge is really needed. That's a different situation, it's really hard for a newbie to earn that amount as if he is only a starting with his trading career. But maybe after several months he can able to earn that amount depending on his risk taking ability. Because in trading, the riskier you will trade that bigger return but still, it's up to you on how you will do it. |
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Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
If you really want to focus in bitcoin and you are willing and ready to leave your job, think about it again hundred times. Why you need to leave on your current job if you are being treated well there but if not, go. It's up to you if you really want to depend in bitcoin but I can say that the more source you've got the better. I agree with you, but if he stay focused in his real job and also in bitcoin in the same time, it was better than leaving his own job. By the way, I think bitcoin is an awesome source of income because this cryptocurrency grow by the time. I mean the price here. this positive voltilty can increase your payment in the future. That's what I'm doing right now because if you are a very hardworking person or you are a person that has a goal to reach. You don't need to sacrifice one of your source but if you are too confident that earning with bitcoin is going to be enough for you, then so be it. Just have a proper time management and balance things. |
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Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
If you really want to focus in bitcoin and you are willing and ready to leave your job, think about it again hundred times. Why you need to leave on your current job if you are being treated well there but if not, go. It's up to you if you really want to depend in bitcoin but I can say that the more source you've got the better. |
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You can earn that amount by trading altcoins but there is also an risk of loosing your money if you invest it in wrong coin so you have to go through great level of market research before investing in any altcoins and to earn 0.1 btc per week you should also have good capital to invest.
It is probably a good idea that if you don’t have an idea or experience in trading that you begin to trade bitcoin and not altcoins, since altcoins can be incredibly unstable and the price can move very abruptly but the chances of making money on altcoins are higher. It will also depend on how much you are going to invest, this is a hard start for those people that wants to start 0.1 BTC. But if you will pursue that you really want to earn this amount weekly then you should need to do something about it, research is going to be one of your tool in earning this amount with trading and as well as experience. |
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Hi. I was just wondering what you guys' opinion is about the large volume of shitcoins, and if there is profit to be made in these coins. For example Lepen, Macron, TRUMP, Putin, and 85% of the other coins listed on YoBit.
Do you trade in them? If yes, what kind of volume? Is it worth it?
Would highly appreciate your opinions.
When I was still a newbie trader I consider myself as one of those people that trade those coin. Because I thought that the more I've got, it will be a profitable trading. But as I keep on reading helpful trading guides I realized that I need to avoid those coins but I can say that I earned a little bit there but right now I'm avoiding them. You need to know when to sell, and when to buy. I guess if you're on the coin early on, there is no real reason to avoid them, if we take a look at PUTIN for example, if you bought for 1-4 satoshis, you would have 50-200x your investment back. I'm focusing right now to those alt coins that are listed high at the coinmarketcap, I think misused the word "avoid" maybe it should be ignored. But well, whatever it is I can comeback to them anytime soon as those coins are just there but I just missed the chance on buying them when they was still has the cheap price. |
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From all of the list trading and signatures are the best and easy ways to try to get a source of income, i had invested into a coin this year wich bringed me the best results on the last 3 years im part of bitcoin world, soo im happy to say i love altcoins.
Good thing that you had invested to bitcoin last 3 years. And I can say that trading is the best source of bitcoin. There are a lot of alt coin choices that you can select but the best thing to do is to ignore those coins that are not popular and choose alt coins that are very promising. In that way, it will generate you good profit. |
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you keep your btc trading site. it's good for you because you earn two profit coin or btc price increase. other if you keep btc you choice online wallet that keep all coin.
It's not that good to keep your btc's in a trading site. What I do is I'm keeping it right now on a local exchange and I'm trusting them. Yes, it's your choice if you trust that trading site, then keep your coins there but still don't forget that what we are doing is risky. It is always been good to have a back up hardware wallet. it is right to keeps it on online wallet. on online wallet you have the oppurtunity to sale or purchase when price exceeds or goes down. but keep in mind when you are choosing a wallet checks its rating on google and choose a trusted one. They have their very own way of rating the price, they may not be accurate but it's because they need some profit for keeping the site running. But when it comes to trust, that's the most important thing on choosing the best that suites you. |
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I dont know if someone has noticed or not.
but both altcoins and btc are rising simultaneously....
I noticed it and it's odd because we know and familiar that when the price of bitcoin is increasing alts are doing a counterpart of it, they are decreasing. Well let's just take the chance of this, let's both hold together but profit is profit. I hope that this rally will happen for a longer time or it is much better if this is a continuous process. |
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I saw the price recently it went high up to $1,584 and I thought it can make it easily to $1,600 but upon checking it again the price was down at $1,484 and it went up again fast to $1,524. Right now I don't plan to sell, when this price keeps on becoming stronger. I believe that there's more to come and that will be the time I'll sell.
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Their are countless ways to earn bitcoin, allot of company website are offering jobs accepting bitcoin as an payment processor. I find it forum is a good way to earn bitcoin as well. If you are a freelance worker, there's a plenty way to earn bitcoin for you and it depends on what will be the job or skill you are going to offer for the company. But the most popular one here is trading of alt coins, I'm also doing trading of bitcoin/USD and I'm focus with this type of trading and it's really profitable if you are a long term trader. |
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Investing in cloud mining, doubler sites and going for gambling are the mistakes committed by most of the newbie as even I have made that mistakes in the past when I was newbie so we cannot blame them as its an common practice in bitcoins.
There you can get money only with great luck, but as a rule, many just lose money there and miss the opportunity to start making real bitcoin. So you are not aware that those type of investments are scam? You even don't need have luck for it. Because most of the newbies are thinking that it is an easy way to earn bitcoin but the real thing is that those ways are truly fooling us and it's a scam attempt for those people that are lack of knowledge in the bitcoin economy such as newbies. Basically, such scams come across beginners or with a bit of experience who want to get a lot of easy money. Mostly it goes with the newbies as they really don't have an idea that those things are existing in bitcoin. But the good thing is that we are here to warn those newbies that those investments are just going to bring them harm and and disappointment. It's already an attitude of us that we want to get a lot of easy money. |
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Investing in cloud mining, doubler sites and going for gambling are the mistakes committed by most of the newbie as even I have made that mistakes in the past when I was newbie so we cannot blame them as its an common practice in bitcoins.
There you can get money only with great luck, but as a rule, many just lose money there and miss the opportunity to start making real bitcoin. So you are not aware that those type of investments are scam? You even don't need have luck for it. Because most of the newbies are thinking that it is an easy way to earn bitcoin but the real thing is that those ways are truly fooling us and it's a scam attempt for those people that are lack of knowledge in the bitcoin economy such as newbies. |
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