I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.
Yes that's why price of bitcoin does really matter. And holding is popular because all of us are doing it and if you got a lot of bitcoins on your cold storage, the price will tell you how much you are going to earn. It is why more and more people are getting to bitcoin because of it's rapid increasing price but opposite of it there's also the rapid price drop which matters to all of us. |
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I will read the data as a trading chart for reconsideration decision, which I explained in the trade that uses the ancient cacra that bell; i at the lower price and will be resold at prices sat up high
This is my strategy, I always check what's on the charts is showing but still I don't take my decisions through it. Since we know that everything is not depending on it and things are dynamic and keep on changing when it comes to the market of crypto currency. It is why I keep on holding for the longer time which I can see profitable. |
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When did you start gambling online (and offline if you do not mind sharing)? Is it because of the awesome Games and Rounds forum at Bitcointalk?
I can't remember when did I started to gamble online but I'm sure that it is not with bitcoin gambling, it's the usual way of sports betting with dollars as the currency of it. Do you only start gambling after you use Bitcoin (or any other cryptocurrency) because you feel that you cannot be tracked?
No, I start to gamble when I didn't knew bitcoin yet but upon knowing that there's something like this coin hiding your information and giving you anonymity that made me more intrigue and started to use it. |
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im wondering how much do you guys invest in alt coins and how many different alts do you have?
I did invest close to $500 bucks for alt coins and I've got plenty of them for holding. ICN, KMD, LTC, Maidsafe, ETH and XMR. And as of now, I keep on investing into it as long as I've got something on my wallet, I'm not hesitating to invest and put my money into it especially when bitcoin is dropping so that I can have some other ways of earning not only with bitcoin>dollar trading. |
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Spending bitcoins is difficult in my area as I don't find any place who accepts bitcoin as a payment method and even people have never heard about bitcoins so mostly I hold my bitcoins in my wallet and sometimes spend it for mobile top up or skype recharge as the usage of bitcoin is very limited.
Me too, lack of merchants accept Bitcoin is common problem for us having Bitcoin and only pay digital things like Top up phone and buy digital card. But, you can still exchange Bitcoin to flat with competitive rate and low fee. Yes it's a common problem for all of us that we can't spend bitcoin directly for buying things in our local places. But don't worry it since most of the local exchanges are offering some services just like you had mentioned. It's good to consider that we are spending bitcoins directly for that necessity in exchange of our btc. |
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I sometimes feel that i came late to bitcoin because i got in during 2012, then i was late to the show, but now i am like old skool. Have seen all this shit before and am like ,,,, "what ever" trust me me newbies , or dont its the bitcoin way. we have been down this road before, just dont sell or trade into alts you will regret it.  learn from my mistakes.  The same feeling as I feel though I'm not that really old with bitcoin since I just knew this last year 2016. And the thing is that we need to had a continuous learning process or else we will feel sorry about it. Good thing that you had some good insights about this and look on what's happening right now, the price seems to be rising again hopefully this will be a positive uphill. |
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Bitcoin is widely being accepted globally many websites are using it as means of payment with the way it is now it will overcome paypal in the nearest future, easy way of keeping Bitcoin in a wallet makes it even easier for it acceptability globally.
Well bitcoin is accepted globally but it is still not being accepted by majority of websites and I can say that they are still few in the market. However, those are already a good significant that bitcoin is getting stronger but the fact that PayPal is still good to go and online businesses and merchants are still preferring on using it. Yeah the only way to use bitcoin in more places is to use one of those bitcoin debit cards and use it to buy stuff on the internet but I don’t feel comfortable doing that since I want to be able to buy things directly with bitcoin and not use those methods. in my country as the number of bitcoin users are not enough therefore i do not think that we will have the facility to use bitcoin card to be use for shopping purposes. but we are hopeful that in future when the number of bitcoin users will increase then we will be able to use bitcoin cards also. It's considered as using bitcoin directly if you are using bitcoin debit cards for buying stuffs online. Actually we really don't need that bitcoin debit card, it's just a feature by those major exchanges like xapo to make their very own bitcoin debit card which is really a good tool for using it for buying things online if we want to. |
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Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?
The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins. Even if governments do some kind of regulation against the bitcoin, that won’t kill it the bitcoin will still be used. The price may drop yes but it won’t be long time that it will rise again, the point is as long as people keep using bitcoin and believe in it as long as the bitcoin lives even if it reaches $0.5. Yes even though there will be government associated issues bitcoin won't be dead that easily. As we know that there are a lot of people who are going to make the price pumping. It's already proven for several years now and even the price dropped rapidly these past days. Still it doesn't mean that bitcoin will be dead. |
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If I have 0$ at the moment can I make 100$ in 2 or 3 months? How?
Yes you can make $100 in 2 or 3 months without any investment that's why you should start to make your own curriculum vitae and try to find a real job. What if I deposited 20$ .. Can I make them 100$ in less time?
No, it takes time to make that $20 to $100 unless you will let an experience trader to do the trading and you'll pay his service when he did grow it. Where can I find such a professional, and it is possible then? I will start by 20$ and join gambling site any advice? Too bad I don't know if there's a service like, why not try to gamble with yobit.net there's a yopony game and dice game on their site. Try to checkout my signature. And $20 is already good if you want to gamble but that's risky, because you might lose the whole amount easily. |
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Those people that has enough for buying, then go buy now. Because the price will increase it again and for us who didn't sold coins when the price is still $1,200 we don't have choice but to keep on hodling! But if you had enough for buying, then go for buying so that your hodling power will be increasing too.
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If gambling is giving you a good fortune then that is not wrong. And most of the time people is making wrong moves with gambling that leads to believe that gambling is wrong. I don't believe that gambling is wrong, it's business for the owners, investment for investors and possible profit for the gamblers, we just need to take control over it.
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Investing bitcoins in altcoins is the only way I can see to make profits and its better option then investing in those hyips and cloud mining sites as it will never give you positive returns as it were giving in the past as now most of the sites are only interested in scamming you.
The price of btc is now getting lower. That's why the best thing to invest right now is with altcoins. Because there are few alt coins that are pumping right now. Maybe some investors,holders are now putting some investment to altcoin like zec. Those hyips and cloud mining is a hard way and most of us will eventually fall with those investments. You got a little late. Chase after profit after something 10x dont gives profit very often. Still not too late for investing to alt coins. And still early and good with investing to bitcoins, right now the price seems to be a rally. So whether you want to get some profit on investing with bitcoins, still it is recommendable. That's why it is still not that late, for investing to bitcoin because price is unstable at $980-$1,000 and many are speculating that price can be back again at $1,200+ |
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we will never know when the exact time when the pump. because sometimes the time could not be estimated.
very difficult to predict it, to me it seems impossible to do.
Yes, there's no way to know when will be the next pump and it's going to be harder right now because of this BU issue. Roger Ver is attracting investors to try to invest to his roger coin which is making the price of bitcoin to fall. But don't get upset people, let's hope that we will see the pump very soon and this issue will be over. |
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say.. BTC is $1070(sell) on poloniex and $1135(sell) on cex.io why would anyone sell his bitcoin on poloniex at the moment and not transfer them to cex and sell them in there?
The reversed is still true, why would anyone buy on cex since the bitcoin is way cheaper on other markets?
It's because there is no regulation and there's no regulator or body of international government that monitor bitcoin exchanges price. If you are familiar with "suggested retail price" for products in supermarkets. The same thing is bitcoin exchanges, since there is no suggest bitcoin price. An exchange can adjust the amount that they desire. |
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Panic Selling is one of the cause of this fall, though it was pretty obvious it would have fallen when it crossed $1200. Now those who haven't just hold on. It is kind of both predictable and unpredictable, peoples make it more difficult.
Exactly, panic selling and as well those BU fud and politics on it. The sad thing is that I didn't sold a single coin of mine when it is still on $1,200 and I don't have choice right now but to keep on holding and waiting for the right time to sell. If I see the price to be on that amount again, I'll sell some of my coins but I will not panic. |
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I think do not need the recognition of a government. when bitcoin is used by many people around the world. may automatically bitcoin can be regarded as an international currency
Yes, there's no need for governments approval for making bitcoin as international currency. And right now, we are already using bitcoin and treats it as an international currency that's why we just need to make bitcoin as a method of exchange of goods and services. It is why for me, it's already an international currency for all of us. |
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Its bubble for me, these BU FUD starts to do something crazy and right now their followers starts to create a bubble. So for those traders that has a good pump for their coins better sell it out before the bubble pops or you will regret it in the end for being confident. Btc will rise again and that's for real.
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Right now the price seems to be dropping as there's a politics happening with BU and with the core devs. So the best thing to invest with that amount is to go with trading of alt coins. It's more reliable, you can make it double or triple depending on the choice of your coin. And when you got enough profit already cope up to buy bitcoin at lower price .
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You should buy it from the sites that supports your country as for me I buy bitcoins from localbitcoins as it has good coverage in my country and its very easy to get bitcoin even with a small amount and it will hardly take few minutes to get bitcoin in your wallet.
There's a lot if website and exchanges that supports bitcoin right now. But the good is that there sites who are also good for being a local exchange which is helping those potential buyers and sellers to do the right transactions and make it faster than ever. This is what I've been doing. |
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Absolutely I'm not going to sell my coins right now. The price to keep on falling and there's some bull around. Maybe if the price will come back to $1,200 expect me to sell some of my coins. Its better to hope for better but to do panic selling this time, no way.
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