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I would say that it depends on the quality of post that the rank does. And I don't know if the price in bctalkaccountpricer.info is accurate and reliable.
But still you can refer to it. And it also depends if the account has signature campaign.
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When I teach my friend about bitcoin, I just explained it plainly that bitcoin is an online currency that has a value ranging $400-460.
And then he use bitcoin for buying things through it, but he its to exchange it first with bitcoin exchanging sites.
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It is a fact that it is a large number meaning that 29% of total bitcoins are hold by top 500 addresses, but there are more rooms for other people to have bitcoin enough and the number of bitcoins keeps increasing which means it can be used by rest of people.
I think there would be a limit of distribution or creation of bitcoin to 21 million coins. The accumulation of bitcoin is also an investment for the future. People have high hopes about bitcoin price and hence they are just accumulating it instead of trading or selling it.
You are right, collecting or saving of bitcoin today is a good investment because there is really a possibility that the price of it will increase. |
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Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.
The entire ecosystem is headed for a clusterfuck.
I honestly believe this is the truth. What is there to add ? ~CfA~ These Chinese people really wants to conquer all things that includes money. They are really greedy, anywhere that there is money they come into it. |
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Go to the lending section here in forum and look for someone that wants to borrow your 1 btc. And of course, to be safe, get a collateral
and escrow the transaction so that you have all the favor even if the borrower doesn't pay the money he loaned.
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Get a job, I'm serious. It is a reliable way to get money. And then you can exchange for Bitcoin.
0.02 BTC per day from faucet? You really got so much, or is this a joke? To do this, you need to have sooooo many referrals. For example, I received from fauets about 150,000 Satoshi day without referrals. And it was very difficult.
Faucets, signature campaign and etc. is a great way to earn a little more money on it did not earn. Learn cryptocurrency Exchange and traded on it.
0.02 btc per day is very impossible just like you could punch the moon. haha. He is so exaggerated for faucets, and yes even he has so much referrals it is not enough to earn that much. Maybe he has a lot of faucets but still not enough. |
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Most people spend their bitcoins buy using it to gambling sites, casinos , sports betting. I'm not into gambling but if I do that would be the craziest thing I will buy with bitcoins.
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Guys, there is no legit working exchange system which allows your transfer your BTC to Paypal directly. These two methods are simply incompatible with each other, easy exploited and reversible.
Don't you wonder why there is no site/service which offer you trades in format where: they send you BTC first and later you send money through PayPal second?
I hope a company will do this to completely exchange bitcoin to paypal directly, that would be the great service so far if a company offers that. But I think the company needs a high capital for creating that kind of service. |
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I'd start trading, investing or betting. They all involve risks though. Everything is risky....
Yes all of them are risky. But remove betting because that is a gambling and surely gambling will just make you lose money. And it will just make you somehow addicted if you are keep on losing of course you want to get back your money but opposite will happen. |
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As of today, it is now better to save money for the upcoming bitcoin halving. Saving today is investing also.
Bitcoins price is getting higher and higher and it is equivalent to $462 at xapo today.
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Yeah. Bitcoin is better like gold...but how about dob? Where is? ( only who know) talk in PM
BItcoin is better, but gold is better appreciated because it's got a better reputation for investors. Most of the investors don't understand the true potential of bitcoin. For some reasons, yeah, bitcoin is better because we can use it very easy and convenient even though we cannot touch and see it. But we can use for different transactions particularly buying of online products. |
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every week I always buy credits for my internet. I also sometimes buy equipment my lecture with bitcoin, well I guess I always spend my bitcoin
Wow! That's good to know that you are buying credits using bitcoin. I'm still thinking on how I will going to spend my bitcoins it is still on my cold storage and I'm just saving them. But hopefully, it will increase after the halving. But as of now, I'm not actively spending my bitcoins |
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Yes it would be still be as popular as it is now because it is now the online currency that most people using. Think of it that today bitcoin doesn't
have stable price how much more if bitcoin will have stable price, so more people will go into bitcoin when it that happens.
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Loan is too risky if you cant pay it, Loan the amount that you can pay so that it is not risky, and loan if you need it in emergency for your family, dont loan if you need it in investment, dont risk the money that you loan in betting sites or gambling .
I agree with you, having a debt or loaning is very risky if you will loan and you don't have assurance that you can't pay it completely. Loan what you can afford to pay. There is no problem in loaning if you know that you can pay it immediately, it is better to pay it immediately so that interest won't grow. |
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When I'm still into faucets I'm using xapo as my wallet but I find it very time consuming when I'm using it.
But now I'm using blockchain easy to use and very convenient.
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im pretty sure that halving will be really profitable in the near future because the price will start growing to the sky in just a month or so because people will be buying bitcoin like crazy
everyone will want to benefit from the price what will make it jump really hard, in my opinion its really good to hold btc right now if you want to earn big money
price is slowly going up even now, cause people trying to get bitcoins when price is still low, and when i am look back in past, always the same is happening. It went now to $462 and I guess that is a better price now. Just like going up slowly but surely. That's why we can't predict bitcoins price we just need to go with flow of its price and we can't control it. |
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I think the next 20 years I will just enjoy my old age, with bitcoin I've gathered so far. I just wish it had been a successful entrepreneur at the time.
Me either, I'm thinking of that also, to enjoy all the bitcoins that I will gather after 20 years. Enjoy life with your hard earned money. After hard work its time to relax, enjoy and work again. Just always be positive and your wish will become true if you will work hard for it. |
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Wait, Nigeria and Zimbabwe are richer than US?  @fenican: You're being trolled. It's the "pick an absurd, untenable position, see how many people get worked up trying to prove you wrong" bit. hahaha very funny gif. Oh is this true what I am reading, that 3rd world country is richer than US? No,no,no. Try to think again man , whoever said this statement. *Puking |
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Buying bitcoin when prices are cheap and sell when the price is higher than the price of buying time.
Do not try to sell bitcoin when prices are down or lower than the price of buying time because it will hurt you.
Same, i think a lot of people will answer the same here cause this strategy is really popular everywhere, but need to understand that price is unstable and you can make a big fail someday. Yes most of us are using this kind of method because it is very easy and you don't have to be skilled when going into trading like this. Just follow all the instructions properly and you will become a certain professional trader once you already know the flow of bitcoins and other alt coins in terms of trading. |
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Today not is the right time to buy bitcoins because it reaches $462 base on xapo. There is only 1 strategy when it comes to trading.
Buy when the price is low, and then hold for a while and monitor if the prices could give you income and if that happens, sell.
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