Never to late to buy Bitcoin,
If you catch enormous rise, you should look at altcoins
Investing in altcoins mean to throw money at garbage, bitcoin is really capable to deliver maximum profit out of it and this shows that it’s never too late because bitcoin is still in beginning of rise and maybe in future bitcoin will be much more high and probability is to go above six figure so this is time to get into bitcoin and earn a lot on future just decide fast and get a chance to live an epic and lavish life in coming days. |
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The fundamental difference between those two is that gold would probably still have some value if there were a very drastic catastrophe (because it always had some value) and BTC would just vanish when there is no longer the network infra structure for it. I admit that is a very drastic scenario, but some people are buying gold coins for exactly this possibility.
Apart from that I think that only time will show. Now BTC had a very good run but its history is much shorter than that of gold. Gold is seen as an asset in almost all cultures around the world and has this status already basically for ever. Bitcoin however is quite young and I guess it will take some time to build this trust, or it won't be that stable at all and will rather prove as a short-term investment.
In old times, holding of gold was the best way of making some good money but with the passage of time, things have started getting revolutionized. Now-a-days, it is none other than that of holding of bitcoin which is the most effective way of having some handsome amount of money after some period. The market price of bitcoin is increasing significantly which is helping the owners of bitcoin to have more money. That were old time now no one give a single word about gold and all this is because of bitcoin taking over every type of investment in list and now holding gold is not that much beneficial because its values are stable and don’t fascinate users completely whereas bitcoin values are volatile and people feel it more as blessing and I think there is no comparison in gold and bitcoin because gold is now in history of economics books. |
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Yes i invest in bitcoin.
Of course you can invest in bitcoin but try to for long term investment i mean five or six months minimum and after that i hope you get big profit.Best of luck
It is just a matter of time until the whole world really uses cryptocurrencies as a legal tender to every establishment in the world, for me, the future of mankind is so into digital modernization and a digital money just like bitcoin is so very essential to that growth. So you better invest now or regret later just like what other people already did.
If you really can invest in bitcoin, then there is nothing more beneficial than that of investing in bitcoin. Investing in bitcoin right now can for sure help you in making all your dreams come true and that too in very less period. In addition to this, bitcoin holds a very bright future and it can for sure help you in changing your lives in a very significant manner. Invest in bitcoin now for better tomorrow. |
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With regards to my very first bet, I won but the mistake with it was that I didn't bet a lot of money on it a at all, I would have won a lot of money if I had bet a larger amount I would have won aconsiderably large amount of money in the process. They
You seem to be very lucky for the first time you gambled in your life because if you would have made a bigger bet than then your real amount, I am sure that you would have definitely lost the game. I am saying this because there are two big reasons; first is that you were betting for the first time which means you wouldn’t have been able to tackle the situations like other gamblers, secondly if you have bet with a large amount then the pressure of losing would have squeezed all of your hope. |
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Not all decrease in prices are good signals for buying more coins. Sometimes it can indicate that coin's bubble (this is the worst case scenario). It is better to be updated about that coin's activities to know when to buy more of it or stop investing.
Yes, that’s true. It’s not all the time that a coin is falling that one should invest. I wouldn’t like the coin I invested in to fall below the price rate I bought it at. As long as it still at a rate whereby I’m making profit, I’ll leave it there. But if I notice that it is still running down and might go below my purchased price rate, I will withdraw and wait for a good time to invest back my money. |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
In the future the bitcoin will become bigger and higher. And the number of people using bitcoin will increase because for now it become popular. In social media you can see now about bitcoin. And some entrepreneur using bitcoin hoping that someday bitcoin become legalize to the world because bitcoin is tax free. Bitcoin is the most popular and most profitable crypto currency in the digital age because its price and value is increasing day by day and the price of bitcoin has been reached to 6000$ in a very short period of time so I am very sure that the future of bit coin will be so much bright and wonderful. |
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As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
Obviously now,the value of bitcoins is greater than any other offline currency because of the demand of its users and because of its future potential. It is also easier to use during technology development When internet started some years back, you should also realize that it was not massively used as we have it now. One thing we have to understand with technology evolution is that, those who get to adopt it early usually and most times always get the best of it and before it even gets the wide spread usage, it takes time. Maybe, it is high time we started looking at bitcoin or the blockchain technology too in that light. |
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Bitcoin is not that easy to claim. With fauceting ( the easiest way) you still have to claim until it reaches to the minimum pay. And one more thing maybe that website is a scam and it maybe won't pay you.
With bitcoin having a large value nowadays, it would be hard to find an "Easy" way to have it. There are many faucets that are paying and I started claiming from it when I didn't know about this forum yet but after I knew the potential earnings I can earn in here then I just stop claiming from faucets. I don't even know if faucets are that profitable anymore for the owners but if it is there then maybe it is profitable. I know that there is no skill needed in faucet but time is still valuable and the time I spend here in the forum is worth it because aside from earning, I learn valuable things that can be use in my future endeavors. Faucets have always been a waste of time right from the onset, when one could productively do things that can earn someone more than faucets. Almost everyone looking for free BTC have been there anyway, until they realize it is best to stay away and find something better to do. Imagine spending hours on the system daily clicking on faucets for $1 daily when one could look for a better or even menial job to earn something better. I hope newbies will really take note of this anyway. |
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Fiat will never be crashed or gone. Bitcoin is powerful because of fiat currencies. We know that bitcoin's price became higher because of its value in dollars. Without fiat, how can we monitor Bitcoin's price? We have to admit that we cannot use Bitcoin today if we don't use fiat because we use fiat currencies in our country. Fiat currencies are foundation of economy of a country so it is impossible to be removed and be replaced completely by Bitcoin. I guess we just have to wait and see. I am not an economist but I want to believe that only manipulations and the fact that the governments have placed an illusion of value on the currencies is what is keeping them now. I am pretty sure with the evolution of currency, a lot of things will even be changing and for those who think fiats cannot crash, then we will see who ends up right. Moreover, fiats have crashed in the past if you just visit Google. |
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Mostly football is the sports I like and enjoy the most to bet on, after that its cricket and rarely tennis and boxing. Recently only once or twice I tried on basketball, but worked out miserably, so didn't tried to bet again on it.
People mostly like such game for playing gambling where they have more experience. To me as I have played cricked the most and still have more interested in cricket, I also know about all the cricket players, therefore I think it is more easy for me to play gambling on cricket matches where I have more chances to make money, as compare to other sports gambling. |
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I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ?  Emotional control in trade is one of the most important things, if you do not master your emotions, things can get worse. As for your problem, I think you should calm down to look at the situation, should not panic. To control emotions is not easy, but I have some tips for you. You should eliminate the feeling of losing your chance if you do not enter a certain order, there are still other opportunities waiting for you. Do not pay too much attention to profits or losses in the trade, it can affect your mind. Gradually remove the negative thoughts, be optimistic and confident in your ability. Hope this can help you  Panic is the natural thing and this can be eliminated as the experience come and I have seen a lot of people who are very worried about their panicking and now they got enough experience in crypto field and this give them ease to earn a lot and also now they are well aware of market critics that when price drops people will start buying and this will a pump to prices and that’s a true thing so don’t get panic. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
bitcoin in my opinion does not reduce the unemployment rate of a country, bitcoin more impact on people's purchasing power to increase and bitcoin users more creative and intelligent in terms of digital money I am also infavor of this that bitcoin will reduce or eliminate unemployment up to some extent and this only require a mass to buy bitcoin and buy at the right time will so much profit that employed people will be attracted toward it by seeing the profit of unemployed and I have seen a lot of people who left their jobs and now they are permanently working into these coins and they are gaining a lot of profit and eases. |
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I don't agree with Adam Smith.
Bitcoin price is being determined by the free market, it worth what people are willing to pay for it.
The more the bitcoin price goes up, the more it becomes profitable to mine, which makes more miners to join the circulation, which increases the difficulty of mining a bitcoin, and makes it cost more to mine.
I think that the price of something is only related to how much people want it and are willing to pay for it.
Sigh, it seems like many people do not really quite understand bitcoin yet. I do believe you are somewhat and then somewhat wrong on your statement. There are many factors that determine the value of bitcoin, it can just be based off greed and what people are willing to pay for it. You said that mining makes bitcoin more valuable which is true and that is just one factor of it. The fact I believe that bitcoin is the first Digital or crypto currency to have a cap is one of the reasons why it holds so much value. To point out Bitcoin can be used to make online purchases not just to store value. These are only two factors that give it the value it is going to deserve. There are many factors that are driving of bitcoin. Its not only based on what people are willing to pay for it. Yeah mate you are right many people don’t know that bitcoin is basically a currency and was designed in place of cash money and now it has become investment, I don’t say that it is bad thing I am just saying don’t just store your investment into it use it as currency so that it can circulate across the world and who mankind will get benefits and btc is best because it can be used in dual mode so it’s your will to use. |
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That is what is called investment, where we use money as an initial capital to buy potential investment commodities for investment and then sell it as the price rises to take advantage of the difference between the purchase price and the selling price.
Yeah that’s right talking about being rich and doing something to achieve your dream is bit difference and now a lot of people are dreaming to be successful and many of them dot know how their dreams come true so in my suggestion if one have enough mass he must invest that into btc this will give a lot of success to the investor so that he can count himself into the rich people all the things are revolving around a try. |
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I voted for technology where i like the concept of Blockchain technology where all the business towards blockchain technology .Preople started to believe peer to peer Network . More than this transparency Business using Decentralised database.
Yeah for the present time the block chain is the best and the well developed area where all the people were using the blockchain and the bitcoin has become the grownup area. In the several countries the bitcoin has made the world to trust it and to invest because the profit is the high and now it is the time to make the world believe the bitcoin and to hold it till the price will be the highest for the future. |
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Same question and almost similar answers again and again, and now i feel that this page must be locked because everyone is explaining same things with different wordings.
It is the reality of the people are not now being in the bitcoin because all the people are aware of the ups and down of the bitcoin now but it does not mean the bitcoin value will get down or the bitcoin will not get the price and the profit because still thousands of the people are using bitcoin and it use to grow each and every day with the help of the bitcoin and the price of the bitcoin will be more than this in very short time. |
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It depends. If it is a new coin, I will set about 10% profit to sell. If that is an old coin, I will sell after it rises.
If you are low on money and need it in an emergency than you should study the situation and take steps according to it. You shouldn't sell all your bitcoins at once, yes it will give you profit but the profit will not be very big. You should keep some of them with yourself if selling bitcoin is not giving you profit. Also if it is giving you fine profit, then sell them and when you are stable than invest more in bitcoin. |
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So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
I think this is quite a good idea. The government will now acknowledge the use of bitcoin, so the people will do it as well. One thing can start as small and turn out to be big. It is the same with bitcoin. I believe it will dominate the world. When bitcoin become well known it is not declared that bitcoin is illegal. In order bitcoin to legalized there are many things to consider and to follow. A government can help the economic system by collecting tax from all users. Yes it will acknowledge bitcoin and I think if this would happen there are many rules to follow as a user. Well I think legalization of bitcoin is very good thing and I think in some countries bitcoin is already legal and they are very happy that bitcoin is legal there because I think know they will pay tax also there and they will use its easily anywhere and bitcoin transition will be also more fast there so I think it must be legal in anywhere. |
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
I do see the value in bitcoin but I have to say that not all of the above are relevant reasons for everybody. (2) I mean, in ordinary shopping there is no cost using debit card here (you can't compare bitcoin to credit card cause you have to have your bitcoins before using them, right? ) User Bluestreet mentioned Teslas but they are rarely sold objects. (5) How do you do your non-Bitcoin payments from ordinary account? I do them from my computer, drinking coffee and listening music if I want to. I see no difference here. There are a lot of good qualities in bitcoin which can easily convenes you to join bitcoin here you can learn a lot of things and secondly its very safe and sound for investment and it’s for every one either he is rich or poor everyone can take advantage from it and even you can join it any time also so I thing these things are enough to choose bitcoin and there are still more good things about bitcoin. |
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Better wait until the decrease in its price.
There is no point of denying this fact that bitcoin will help you in making money no matter at what price you bought the bitcoins. As far as buying of bitcoins and that too at the very present moment is concerned, there is nothing bad in buying them. It all depends whether or not you can afford buying of bitcoins. If you can buy, then there is no point of waiting for the dip. You never know when this will happen. |
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