Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I think you must explain it not just only by talking but also with videos and other things that may help improve their understandings. Its not that instant to learn bitcoin and because they are just children to have many space for improvements to learn and although it might take some time they will eventually learn it and just be patient in teaching them. Yeah even adults though it's still difficult to understand if you just explained through with talk, maybe need a guide from the video and it would be even better if you cite the real how to use bitcoin, but you have to be patient because small children are difficult to understand with complicated things, start by telling the basics of bitcoin and do not teach something as complicated as hardfork, segwit, etc.
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
Explain them what is the real bitcoin is. Talk them about what this bitcoin is all about and how this system work. Tell them how will bitcoin can change thier life if they have the will, good strategies and patience. Yes, need to explain the advantages of cryptocurrency over the fiat money. How fast bitcoin is growing when comparing to the other coins, by explaining only we need to convince them. Show the price of bitcoin those who do not believe in it. We need to educate people who we think will be interested with bitcoin, there are a lot of ways to attract them to adopt with bitcoin as it is not only use for online transaction but also it's a very good investment. Tell them it's not regulated yet but sooner the government will be force to regulate bitcoin since the number of users are growing. First I think it does not need to specifically make a lot of people interested. spending your time to teach and tell them, after all they may not be interested in bitcoin? come on do not force yourself dude. better use your time to work and make more money in bitcoin, you do not need to doubt with the adoption of bitcoin, bitcoin spreads naturally without you telling a lot of people about bitcoin, they will know itself about bitcoin. because bitcoin spreads naturally,
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Its too good to save some bitcoins for the children,but in my opinion as it transfer to wallet,we have ta recieve that money from wallet and then store in another bank account,because the bitcoin rate fluctuate day by day.
its great for me is better to collect your money in the bank for security purposes, if i am earning were in bitcoin i will save also for my kids, for their education and same expenses. it would be better if you keep it in bitcoin dude, you should know that bitcoin prices will continue to rise from time to time, maybe when you already have children bitcoin prices will be much higher than now, I would prefer to keep my money in bitcoin for my future son than save it in the bank, because the money for my son would be many times higher when they grow up
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I expected it but I am still surprised! I've been in this forum for a few months now and I've been reading speculations like it'll reach $10k at the end of the year but I am still surprised to know that its price is moving too fast! I love how it dips and I love how it moons.
Yeah I've also been expecting bitcoin prices to rise up to several times as much as $10k, but I do not think bitcoin price changes will go up so fast you know ? imagine I sold a lot of bitcoin at a price $1500 a few months ago in this same year, because I still think that the price will still range in $1000-$2000 this year, but I'm very surprised when bitcoin prices do not stop rising and continue to skyrocket.
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i had about $200 worth of bitcoin. How can i earn more with that amount? should I trading? or make an investment? and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me. really apreciate it. thank you.
for me both. It is only up to you how you handle on what business you choose. You only should unique and innovative for you to be successful. Also the two of it is a risk so take it to know what the result in future. If you fail at least you tried it and there's a lesson that can you learn. I think choose in accordance with the ability that you have dude, if you do not have good skills to trade then do not trade because trading needs knowledge, skills and experience to get a profit on there, do not force your luck to be able to play in trading because that will be your result is only loss. investment will be better if you do not have skills in trading but investment will also need a little intelligence in recognizing which potential investment
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It's a dream to be able to get rich with bitcoin and i think it is possible, judging from the first time i joined bitcoin the price still 400$ now already reach 750$, and from my speculation it will be getting higher, just hope nothing bad going to happen to bitcoin actualy the current price has gone up tens of fold, and it will continue to skyrocket as the user continues to grow, I think getting rich from bitcoin is not a difficult thing you know ? you just need just a big capital and a lot of patience, you just need to buy much bitcoin at the moment and be patient waiting for the next few years and your dreams become rich will come true.
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bitcoin prices fly high to the moon, may be affected year-end. well, buying bitcoin now would be a good thing. most likely the bitcoin price will rise again. and of course pass the $ 8500 price in the near future. but, in addition, many people are afraid of the dump of bitcoin prices, so many people are selling panickedly. but, for the time being, it has not been too self-conscious.
Panic selling or in other aspect has nothing to do with our life, the successful person patiently wait for their right time to be rich or to earn, if we are afraid to hold our bitcoin for long and easy to sell just because the price goes down which is normal in any trading, then, nothing would happen in our life. Sometimes panic is the biggest scourge for a trader right ? we all know that the key in getting profit in the trade is patient and not panic but sometimes in real trouble we sometimes panic and harming ourselves, a few days ago I bought ETH at the price 0.046 btc and unfortunately after that the price drops to 0.043 and does not go up in a few days and that's what makes me panic and then sell it and you see the price of ETH is currently up and I lose much money, sometimes we know to not do panic but sometimes circumstances forcing us to panic, isnt it ?
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I think no banks accepting Bitcoin because Bitcoin does not help banks get more profits but also reduce the bank's profit. Bitcoin is a digital currency, Bitcoin transactions are made thanks to the internet, it is completely free. Banks do not like this.
Right now not yet because all bank is control by the law of government, if bitcoin allow to store in the bank maybe it make a big problem to user of bitcoin, because when you store your coin in bank there is possibilites that they can put you tax and you must obey there law. Otherwise your identity will be uncovered when you use the bank to saving your bitcoin in there? certainly decentralized and anonymous will not apply when you use the bank right ? Besides, I have not heard from the bank that they accept and support bitcoin openly, which I often hear is that government in a country bans the use of bitcoin to their citizens
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them . Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin . But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount . This is really a simple trick to make money with fluctuations of the prices . So instead to get panic you should make profit. No. Dont panic when the botcoin prices dumped because it will actually rises up again and it was called pump and being a panic seller is not good because youre losing youre own money. we all know that bitcoin has a very significant development and it makes bitcoin prices skyrocket but in the near term bitcoin prices remain fluctuating so price will go down at any time but you should know that the decline in bitcoin prices occurs only within a certain time interval and will definitely go back up, I agree with you that do not panic when prices fall, due to panic will only hurt and make you lost, stay calm and do the calculation carefully or hold be better
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I dont know why I even posted here but this is a big lol. Even the name of OP is quite dubious what more is he wanted to promote this site thru pm. If you want to promote the site just, put it here. Yes this thread shoukd be deleted before somebody nibs the bait Lol I think players will not be stupid by throwing their money just for the information that has been encountered, actually there are many reliable gambling sites that you can use like primedice, directbet, crypto-games, etc. and you do not have to pay for that information. I think almost all the gambling sites are trusty right ? because I've never heard a gambling site become a scam and make lost for many people?
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I do not think that in current market situation the gambling investment will be a good idea, you can put that money and trading that will give much more solid Returns. I have also invested in a site called bitconnect you can try that too it pays 1% daily and it pays up to 10 months after that you will get your invested amount back. No offence but I see gambling as a game of fun where we put some money just for fun not for earning.
but you know that not everyone understands and knows the strategy to make a profit from trading right ? and beside that everyone's passion is different and maybe some users prefer to invest in gambling that more fun than to do trading that is a complicated and need a mature calculation, and after all invest on gambling sites is also quite profitable
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Paypal is a worldwide payment method, Bitcoin isn't yet. I don't BTC think it'll go further than it already go. There are so many other currency that intend to be what Paypal is at this moment, e.g., Utrust and Monetha. Nonotheless, I don't believe in neither. Perhaps, my mind is blocked by what i'm seeing already. Paypal domaining over the world. To take control over it, needs scalability, speedy transactions and confiability.
yeah moreover users prefer to use bitcoin for investment rather than use as currency, agree to get overcome paypal need something bigger than paypal while bitcoin for as its own currency still very far in appeal paypal, bitcoin transaction quite slow because of long time confirmation, transaction fee in bitcoin is very expensive, different with paypal which has instant transaction and fee is pretty cheap, so bitcoin can not exceed paypal #IMO
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
One of the best way to secure bitcoin is keeping your bitcoins in hardware wallet like ledger or trezor. No, although there are many people trusted these services, but I think we should put our Bitcoin for long term saving in a desktop wallet, then research the method to keep your private never access by anyone unless you. That is the best choice for anyone wants to keep Bitcoin forever even the price of Bitcoin reaches 1 million dollars someday. desktop wallet will be a bit complicated if you have a frequent daily transactions dude, especially if you are out of necessity you will trouble in doing transaction right ?moreover online wallet is not so scary and I think is quite safe? or maybe you can split your bitcoin into those 2 wallets. like saving most of your bitcoin on the desktop wallet for security and saving some in the online wallet when you need transactions when you in outdoors, of course it would be better
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in my own opinion i think if bitcoin become a legal currency that is the time that bitcoin become more popular in all countries aroud the world. that is the way that more people encourage to hold and use it.
If bitcoin is recognized by the government it becomes official to use by all, as fiat currency is legal now in the same way bitcoin also considered and that results in increase in coin users, at the same time price may also increases. The possibility is sure to happen is bitcoin prices will skyrocket more than this time because when bitcoin becomes legal there will be many people outside who then know and trust in bitcoin and it will make masive adoption and of course it will make marketcap become bigger and finally make price higher, but the question is when bitcoin becomes legal? lol
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It is not worth buying because it is usless, It is not deveeloped, it is just a funny coin that is going to die very slowely. You should invest in real coins like ethereum or some icos. I recently bough some neo, after the china will lift the ban it will moon like crazy. Chinnise coins are good to go. Also metaverse it is a copy of neo, also good coin. Walton coin is also a strong buy for me, they are realsing wallet somtime soon so they are worth watching.
Thats right. after all the price change on dogecoin tends to go down and does not give a great surprise ? if you just want to trade it might be better if you are looking for another coin that more potential. because I think this coin already has no great future like the price many times fold in the future. I will not use my bitcoin to invest in doge
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why some country banned bitcoin? is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
I dont really gets when some countries and government banned the bitcoin. It do nothing harm on them in fact this is a good benefit. The only reason i think why they banned the bitcoin because in the Metropolitan police the bitcoin is within in the bad and crime activities to other world this is the only reason i think Lol from that reason the government forbids bitcoin dude. do you think just because the problem about bitcoin is just with police. because many cases of crime that releated to bitcoin then its not give a loss to the government? you can see a lot of people start doing money laundry using cryptocurrency and then that money is gone because it can not be traced and who is the loss? of course the government.
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins? If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins? What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
You can get high profit if you use bitcoin in investing, much more on gambling but gambling is kinda risky so go for investment. Regarding to the difference of bitcoin and dollars, bitcoin can use by the people who can use gadgets or modern technology while dollar can use by everybody even you don't know hot to use a smartphone or you're poor. I think the difference is very visible that bitcoin shaped digital and real money can be categorized as cash. although real money also has digital version like credit card, debit card, atm, etc. but real money is better known as cash money. yeah you're right that bitcoin can only be used by people who have gadgets and can use internet. whereas real money can be used by everyone including poor people but the special of bitcoin is bitcoin can be used by everyone in various countries (ie global currency) while real money is still fragmented by the local currency in each country?
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for me i think bitcoin is the answer because many people dont have a good and long lasting job Bitcoin is the answer especially to those unemployed people, bitcoin can provide they need. Let's say bitcoin provides jobs for many people. bitcoin provides extra income for many people and it's true that bitcoin changes a person's finances for better but that person is not from the lower class or poor people because now the internet is a luxury thing for poor poeple and they can not use internet, let alone know bitcoin. bitcoin will not be able to stop poverty because the problem is more complicated not only about unemployment
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Maybe both, for example in the country of China, although there are a lot of bitcoin users and investor there they still choose to banned bitcoin. Maybe because bitcoin doesn't bring a good impact to their economy. Or maybe bitcoin already covertheir economy and they can't control it anymore. I believe that bitcoin can affect one's economy, But im not sure if this effect can be good or bad. China may have noticed that bitcoin has a bad influence and is detrimental to the government, bitcoin makes government tax revenue decrease. because I'm sure many people are hiding their wealth and income in bitcoin so avoid taxes. and I think bitcoin does not really help the economy in a country because the bitcoin user is just a upward class society
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