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Bitcoin is not an established currency till now and with that we see daily that a lot of people invest in there and a lot of people withdraw their money from their, but other traditional currencies are established currencies and people do trust on it heatedly and put their wealth in that currency for longer or lifetime, therefore we see no fluctuations in traditional currencies.
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Its hard to predict what will happen in 20yrs from now about bitcoin. And beside why should I think of that time, well there's nothing to loose, I think I have stable life by means of savings,home, cars and other businesses through bitcoins.
yeah we will not know what will happen in the future. I'm sure no one can predict with certainty the state of the current bitcoin. if you want to live comfortably in the 20 years to come. you should be able to work hard at a young age you are now. so you can get a lot of money from bitcoin. and in the future you could be tried only by an easy job yes it is impossible to predict the future. therefore nothing to say about bitcion in advance. i think the one and the most important think is which will depend for the importance and value of bitcoin is its price. after 20 years the world will almost be change and the new generation will decide the future of bitcoin. but i can hope that ever after 20 years bitcoin will be in good position. If bitcoin has gotten mass adoption, and less suppose it has in 20 years, then i think many shops will accept bitcoin, with that in mind, i think most services which require fiat will have an option to buy with bitcoin, Like we are seeing now with creditcard. Because in 20 years the mobile phone wallets, should be more advanced as credit card systems today. If mobile phone wallet reached to every person and the shops started to accept bitcoin then I think at that time there will be more than 80% people who will prefer bitcoin as their payment for their purchases etc. |
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Try to learn about trade with bitcoin and also with altcoins, as it s the best way to earn bigger amount of money and after you get a large amount of money convert them all to bitcoin.
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I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC
Your comment has made me think twice. Gold is much more solid than bitcoins since gold has a physical attribute. Even if the price is low the gold is there and there is a guarantee that you will not cease to exist So I am proposing that we should buy physical gold and not virtual gold in the trade market. Both are good as an investment and both them have their own benefits so I think we should not choose any single product but should go with both of them. Yeah but the problem there is difference price movement speed.. i will choose bitcoin is the best choice if you really want to earn in few days or months.. unlike gold you need to hold it for a years before you can make a profit with it.It also depends on what kind of profits you are expecting, but you definitely don't need to hold it for years in order to make profit. Gold is also experiencing quite some volatility from time to time. This is according to some charts: Gold 30 days - UP 4.35% Gold 6 months - UP 20.59% That's not bad at all if you ask me. Silver isn't the main subject of this thread, but here the silver movements just to compare: Silver 30 days - UP 13.59% Silver 6 months - UP 39.98% But it does not occur each time , it happens by luck, and also the percentage of earning is still much lower for earning bigger with that percent one should have to buy big piles of gold which is only affordable by rich people. |
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Dear Lutpin!
Can I please know that how much will each person get after 1.5 months? I am doubt about the payment, as you will pay 7 BTC to all of the users after 1.5 months and the number of users are increased much higher. if it continued to increase then everyone will get a minute amount of that 7 BTC.
Please guide,
Thanks
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I am on yobit and so when I earn some bits at there I trade with them at there with altcoins and bitcoin, till now I am better at there , I think yobit will be better for you as I am not seeing any issue at there and there is almost all of the available coins on yobit.
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The halving effect can be felt now. The price of bitcoin is rising fast. It is over $680 now. $700 is in sight.
That is right. The price is quite stable at the moment. The price is around $600 to $700. It might go above $700 after halving. Well I hope that before halving it will go above 800$. If it goes that high ill think ill sell some portion of my bitcoin. I think I will also wait for 1k$ if it is possible. Ill wait for it and leave some portion to sell. You'd sell at $800 during a halving event that takes place every 4 years and this one occurring at the end of a 2 year bear market? You must be new to Bitcoin. Welcome, please stop by the newbie section when you have time People tend to forget that not every halving is about doubling the price, it is about miners getting value for their money while mining. the developers are expert in this field and they are saying that the price wil have a better effect, so for people the better effect is the price increase, I will not contradict with you you may also be correct, the stability is also a best effect for any currency, I think the developers may pointing for the stability in their words, By the way the price increased much higher because of the news of halving and it will increase more higher in the coming future. |
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If i will need money for my personal use then I will convert my bitcoin to fiat and will not care that what price it has, as my needs are more compulsory than any profit, and if will not need it then I will not sell them no matter how much its value increases.
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Bitcoin gives me the ability to buy digital goods without giving my name.
That's cool!
that is really cool though if you want to buy some physical goods right now i think you will still have to provide your information so i dont think it would give you good anonymity You are right, but I think we do not have to hide our name if we are doing something legal, and if someone is talking about illegal then I will say that bitcoin is not for illegal and no one have right to do illegality with this currency, it will destroy its image. |
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2017 will be a great year for bitcoin. Now that 2016 is almost at its midst of 3rd quarter, the effort done to establish bitcoin supporters will more likely be felt in 2017. So basically we can experience a steady increase of it's price next year.
I think we are a lesser weaker in our efforts in this year, we should have to promote this currency to almost all of the world and for that we have to take start from our relative and friends, and have to suggest them to adopt it and to promote it to others also. with that every person of the world will have bitcoin till 2017 and then we will say that 2017 is the year of bitcoin. |
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i haven't yet been successful to reach the 1 whole bitcoin mark and i have been trying to earn buy and invest but between spending bitcoin, gambling bitcoin and investing it in altcoins because i have it in my hot wallet i have not yet reached this goal yet.
You can keep on continue your efforts to earn it and one day you will be definitely holding that amount in your wallet the only suggestion is stay away from gambling. yeah, if you work hard and do not leave your struggle then it will be not hard for you to earn one bitcoin, even with lesser work you will be able to collect one bitcoin in a few months. |
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If you know about trade then I will suggest you to invest in trade, nowadays a lot of people invest even their 0.01 BTC in trade in order to earn some more profit and they find success in there. Try to trade with bitcoin and altcoins. |
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ETH, ETC, Different chains, Dao, Hard fork, soft fork etc.
I just want to send money easy and fast.
Other coins are just complicating.
for you other coins are complicated because you have less knowledge about that coins, and bitcoin is easy for you because you have learned a lot about bitcoin, the same case was with me also in the past, but now I am learning about altcoins along with bitcoins. |
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It has been discussed many times already but Bitcoin is just too complicated to be massively adopted. Case in point is adoption by females/women, I'm sure we are all aware that this must be incredible low just by taking a look at this forum or at other sites online, 99% are men.
I think the proportion of males and females on bitcoin are the same as are online earners, all of those who earn money online definitely know about bitcoin, and I think the percent of online male earners are not 99% but are less than that, as I am seeing a good number of females working online to earn money. |
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It really is, you really should do that, because you can buy it for less and the maybe the next day sell it for a lot more
and it is sure that the price of bitcoin will increase more higher in the coming future so if he buy now then as you said he will be able to sell it for a lot. |
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According to the present price i think this is still not the best to buy bitcoins because the price is unpredictable.. i suggest to dont buy now and wait for the price to low again before you buy..
are you sure that the price will decrease? I think it is not the time to wait for more lower price, we have already got a bigger opportunity that the price is still at $650 even after halving and so we can buy more and it is the hope that the price will increase in the coming future. |
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Price is very stable right now, i don't think that something will change next month, at my opinion something big will happen in the end of September or at the start of October.
You are right something big will happen, if not in the coming month then, in September or October, but I can say that at least the price will not drop, the future of bitcoin has been started and now we can expect a price rise. |
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Some altcoins have potential for the long-term, but most of them is better to sell.
You are right , If he is active in mining a lot of coins then he definitely will have a good knowledge about that coins and will know well that what wil be the future of that coins so those coins which will have future, he will have to save them and those with losing, will have sell. |
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The price does matter with bitcoin of you ask me it is the most important thing in Bitcoin because that is deciding what the users are going to do.
When the price is low most people are going to buy and when the price is high then most of them will sell.
For us yes, most of us, we are dependent on fiat when it comes to purchasing bitcoin or computing our earnings in bitcoin..But I think those who has stash of coins, I don't think that they are still dependent on fiat when using their bitcoin..Maybe they are just computing the price if they are computing their profit.. I do not buy the bitcoin directly. I mine the Ethereum and then sell some Ethereum to buy the bitcoin for the long term. Now the price of ethereum is going to higher value with time, I think you should have to hold them for a little more and after that when the price of ethereum increase more higher then buy bitcoin with them. |
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I am seeing that the price of LIR is much better to buy, I wish to buy a bigger amount of LIR, I need your suggestions that will it go to its highest value again? Please give me suggestions, as I have not spend much time in altcoins.
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