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Although not reaching the price, I'm sure the bitcoin price in 2020 will rise 10x from now. Hold your bitcoin for as long as possible.
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No, prohibiting bitcoin is the same as opposing the progress of the times. We have to step forward to get better, and bitcoin is a means to achieve it.
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I think it will be difficult, litecoin is on the rise but all need correction to keep the price back stable. $ 3000 may be more realistic.
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They are afraid because they do not understand what bitcoin is and what is the advantage of holding bitcoin. If only they dared to try new things like bitcoin, they would find a way to success.
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Many causes, some really want to popularize their coin like any other coin, or they just make a temporary project and when they reach the target, they just disappear.
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Wow it sounds fun, if there really is then I will try it. Billing hotels without real money is a new experience, and it's very practical because we do not have to bother with money or credit cards.
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Currently the hacker is starting his action in stealing bitcoin by spreading fake links to everyone, remain cautious in opening the website, still use a layered anti-virus to avoid the scam site.
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Do not keep your data in online storage, when your email gets hacked then all access to your online storage will be stolen all. Better print on paper and keep your private key.
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I never do that, because it will make us become depressed. Just imagine if you told your friend to invest in bitcoin and then the bitcoin price went down, then what would you do? Do you want to compensate? I'm sure not.
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Even until the years ahead I'm sure bitcoin prices are still unstable, because we play with digital currency do not expect much about the price stability.
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I have 12 Bitcoins. I am not a whale. I started about 6 months ago with 0.01 Bitcoins and $1000. I turned it into 12 Bitcoins so far and am pretty proud to say the least.
My question is, what do I do now?
As far as I can see, I have 4 options;
1) Hold the Bitcoin
2) Invest in altcoins and leave a little in Bitcoin
3) Fund a project and start my own cryptocurrency that solves a problem that current currencies face (scalability, Tx fees etc.). With the funds, I would be able to assemble a team, start a marketing campaign, get listed on exchanges etc. I am also a programmer which helps.
4) Convert it to fiat (probably the dumbest idea)
Edit: I should also add, I dropped out of school and have all the time in the world so can fully commit to any idea. I will earn my living of cryptocurrencies.
A few people have asked how I made my money so, if you are interested, here is a short summary:
Initially, I put it all into Bitcoin during the massive FUD of the fork around June when Bitcoin dipped to $1,900. Then I put half my money into NEO before all of the hype at around $12 and cashed out at $40. Then I invested in a couple ICO's and turned a pretty good profit of off the hype. After that, I got back in on NEO as soon as China announced the regulations regarding ICO's and rode the wave back from around $20 to $40 (I can't quite remember). Then, I rode the hype of Ethereum Dark, eBitcoin and a few other airdrop scams. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit.
It was an amazing experience, I myself started with bitcoin and just get 1 bitcoin, that too without any investment or anything, I just follow bounty campaign regularly in this forum. And judging from the way you treat bitcoin, I'm sure you're a person who really understands the digital currency world. |
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Do not be too naive, bitcoin is still in its infancy. And defeating the world's money is very difficult, they are supported by their respective countries while bitcoin is not. But the opportunity will arrive in about 10 years.
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It's very worrying, we know for ourselves who is the strong one who survives. If they unite to manipulate the market it would be a disaster for us bitcoin holders on a small scale.
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When viewed from the development of the crypto world, bitcoin is the mother of cryptocurrencies. It would be difficult for altcoin to beat the popularity of bitcoin.
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It can be said that people sell their altcoin as soon as possible in order to make a profit by holding btc. That's a natural thing if you're an old player in the world of cryptocurrencies.
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Do not over-force yourself to explain bitcoin to a layman, just stay still and watch it. When they are more curious to say "ask google", if they still do not understand then you explain it slowly. Stay with them to get to know the bitcoin as well as possible.
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My reaction to people who hate bitcoin just laughs in their hearts, they do not know the bitcoin specialty. But when they found out they were too late.
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For me bitcoin is more than virtual money, he is like a very valuable asset. Although many people hate it because the price is very expensive, it actually makes me proud to hold bitcoin.
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You made this thread but very rarely reply, what's wrong?
But obviously, if McDonalds received bitcoin, it was a major advance in bitcoin development. And I'm sure some franchises will imitate it.
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Bitcoin holders are not greedy, banks and governments are greedy. They are thinking of ways to get profits by way of tax on bitcoin. Really they are useless people.
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