What you say is a very good idea, but whether the btc price will increase or even plummet, and if the btc price will jump so high maybe we will become a millionaire and if the btc price is so down draktically likely to last our btc It took quite a long time to Make use of btc
Yes. People think as if bitcoin has a 100% success rate in becoming the most successful and the top cryptocurrency after a few years. Yes, I have hope and I trust bitcoin, but who knows? An altcoin that is currently being ignored might be the king of cryptocurrencies after a decade. That's why I don't suggest people going 100% on bitcoin. It's better to lower your risks by diversifying into different cryptocurrencies.
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On the contrary, there are too many miners.
Why so? I think we have enough miners to sustain the transactions on the block chain, and enough miners that profits from mining are decent. I don't think Bitcoin mining is really profitable unless you have a dedicated farm of ASICs and cheap power/cooling. What we really need is more decentralized miners and less mining power in the hands of specific people. Yea definitely less profitable for those casual miners. I think there's pretty much nothing we can do to fix that problem though, as there are lots of big time miners that has like hundreds and thousands of ASICs/antminers/etc.
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I've read so much posts on Reddit on how their funds are getting locked in on their accounts. I'm smelling a scamquit on poloniex soon. Move your funds to other exchanges ASAP. It's never a smart move to leave your funds on exchanges in the first place.
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The thing is, people always leave their cryptocurrencies on exchanges, which is a very very bad thing to do. Legit or not, always withdraw your funds. All those problems are easily prevented when you use exchanges for only it's main reason; as an exchange. Not as a storage.
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Can you tell me how you're getting free .com and .net domains?
Anyway, I wish you best of luck on these domains. The success of you selling these domains for a good price depends on the popularity of BCC in the future, hopefully atleast moderately used by people.
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You can see the list on bitcoincash's website: https://www.bitcoincash.org/Hopefully more wallets support BCC in the future. - BitcoinABC
- BitcoinUnlimited
- Ledger
- ElectrumCash
- FreeWallet
- BitcoinClassic
- BXT
- Trezor
- BTC.com
- AirBitz
- Coinomi
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MehSplit or not as long as we get a solution for the scaling issues, and we need them ASAP. These transaction fees are a huge turnoff for new and curious users. Concerning the prices, if you're in for the long ride then I think you don't have to worry much. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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If you say Poloniex doesn't support BCC, then isn't it a common sense move to move your funds out? unless you don't want to have access to your BCC then leave it there. Or do what normal people do and store them in wallets whereas you have access to the private keys.
Electrum will stay as is after the fork.
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It's really hard to say for now which one will be the "more accepted" bitcoin version. Well as of now BTC looks ahead by alot based on the comments on BCC that I've been reading here and on Reddit. But whose to say that people can't change their minds in the future? I'm not saying it's going to happen, but I'm only saying that it's possible.
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Can you at least tell us why you think that will happen? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) or are you just making uneducated guesses? On reaching $5000 though, I think it's very possible. And I think a huge factor of the end-of-the-year price would be how the scaling issues will go in the following months.
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I earn a bit more long term trading compared to just holding completely. Simply just following the rule of sell high and buy low. You just need to be active on forums and news concerning crypto so you have an edge in predicting the markets. Take note that it's really risky though. Only trade lpw amounts.
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How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.
and also, is it better to invest in bitcoin rather than investing in stocks?
Hi Kabayan! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You shouldn't think of how much exactly you invest, but rather what percentage of your funds you're going to invest into bitcoins. Before investing yourself, I suggest reading articles and watch videos about Bitcoin and cryptocurrency so you know what you're investing on. Don't invest just because some people invest. Learn about crypto and make your own judgement. After learning about bitcoin, ask yourself. Do you believe bitcoin will be successful? If yes, how likely? And then think of how much of your total money you should invest. DON'T invest more than you are willing to lose. You wouldn't want to be homeless if ever bitcoin goes to sh*t.
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in bittrex i see a red mark to do the submission, and will it be 1st august we will not be able to send bitcoin? And I saw on one website, SEGWIT has been running, and will end on August 2, then what will happen on August 1
Bittrex disabled withdrawals and deposits of bitcoin for now to prevent problems from their users. It will be enabled again probably on or after August 1. For further information, here's an article on segwit: https://cointelegraph.com/explained/segwit-explainedWhat will happen on August 1? Possibly a hard fork. Creating a new cryptocurrency, Bitcoin cash. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ffs.bitcoinmagazine.com%2Fimg%2Fimages%2Fsegwit-timeline.width-800.jpg&t=663&c=60HDxd5WQUcLng)
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Like what dillpicklechips said, read the pinned topics. I would also like to suggest that you read the guides on this certain website, which I suggest to pretty much every new bitcoin or cryptocurrency users. Disclaimer: I am in no way affiliated with them: https://www.coindesk.com/information/Also, if you prefer watching, lookup Boxmining, and Crypt0 on YouTube.
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I've read too much posts on people having problems with Coinbase. I wouldn't risk it to be honest. Also, I really don't like storing bitcoins on wallets whereas I don't have access to the private keys. It's a bad idea in the first place. It sort of beats the attribute of bitcoin being decentralized.
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If you really wanted to invest, just buy cryptocurrencies and just hold onto them for years. It really is as simple as that. You don't need to join shitty scammy investment sites and join the hundreds and thousands people that got scammed by a good number of bitcoins. Like this poor guy: https://bitcointalk.org/index.php?topic=2047131
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3 BTC
Damn. Take that as a lesson (an expensive one). Invest only by buying low and selling high on cryptocurrencies. most investment/cloud mining sites are pure BS.
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No. your transactions aren't confirmed immediately. It just shows in the exchange that the exchange's wallet is about to receive bitcoins, doesn't mean it's already confirmed. I think usually it takes around 10 confirmations for you to be able to use your funds on exchanges. How long? It depends on what fee you've chosen for the transaction.
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If you've been in the cryptoworld for atleast a year, you would know that trends like this are normal and very common. That's one small downside of having a decentralized platform. I personally would be more worried if all we get is good news.
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