My least favourite thing is probably the connection it has with the dark web. I mean if anyone has heard of bitcoin, then his first impression is probably "a currency used for illegal means".
But it's not bitcoin's fault.
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Bitcoin is not dying nor will it die off in a long while. You might hear FUD about bitcoin, but those people are just retarded. Ignore them completely and carry on with bitcoin. They're losing out; not you.
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I heard of bitcoin back in 2013 and probably first bought my coins around 2 years later. Wasn't that much, just $10 worth but the deal went through smoothly via localbitcoins. Awesome experience. If anyone is planning on getting some BTC, go ahead
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I started using bitcoin at around 2013 because I thought that it was an interesting technology. However I did not really understand the concept of it so I just played around with the faucets instead...
It was great that i have found this community when it was still young.
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Well, I don't think that mining bitcoins has ever been that profitable unless you're talking about the earlier days. However, that would have only been profitable if they held onto their coins.
I suggest you mine coins, speculate on BTC price and sell when it's high. Good luck.
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Defintiely going through the roof right now. This could be the push that bitcoin has been needing for a long time now. I mean, the atmosphere now feels completely different from when the price was floating around @ $400.
Definitely not the top though. We'll probably see ATH soon.
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I think that the price will probably be at its highest point after the halving. But you gotta be patient with the price you know. It's not going to jump from $600 one day to $10,000 the next.
Be patient and hold. You'll be rewarded, trust me.
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Well, you could try a number of things listed below:
- Signature campaign(only applicable for high ranked members) - Currency exchange(Provided that you have enough capital to start up) - Offering services(Nothing needed to start) - Offering goods - Lending(Somewhat risky)
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I think that simply holding onto bitcoins is a better option than arbitrage, because if you're looking to sell your coins all the time obviously you'll incur a huge amount in fees alone.
While holding onto coins will bring you perhaps small, but at least steady profits.
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I think so. But it depends really on what you value as money. For me, bitcoin and other assets which are decentralized and stable is money. I merely hold BTC for the store of value, without expecting it to bring in a profit.
But yes, if you're looking for fiat profits then definitely.
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Use localbitcoins, I really can recommend you that one because the dealers on there are mostly nice and have such good fee's. Much better than other company's.
I also recommend localbitcoins, a large number of people are using localbitcoins for selling and buying bitcoins and there is still no any person who have any complaint against it. Definitely. The best thing about Localbitcoins is that you can choose who to deal with. Localbitcoins is only a middleman, an escrow that protects both you and the seller in case of a dispute. And that's why I recommend LBTC as well
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Well, I'm pretty much neutral from trading. Haven't profited that much buying and selling altcoins, haven't really lost any either. However, I have profited from holding bitcoins after trading my fiat into BTC.
Trading is pretty fun, but I don't consider it to be a profession.
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Definitely bitcoin is better especially if you're trading. You'll probably already have experience having trouble converting paypal into any sort of irreversible payment method like BTC really.
Shows why irreversibility is desirable IMO.
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I use localbitcoins because I don't really trade as a profession. I trade my fiat currency into bitcoin, because I want to invest in bitcoin. I don't use bots to automate my trades for a profit.
Localbitcoins is a great exchange, as you can trade P2P, even F2F.
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Well, I believe that there is going to be a crash, aka an adjustment after the halving. However, that adjustment isn't going to last forever. I'm simply going to hold onto my coins, as I believe the price will slowly make its way back up again.
I'm still HODLing.
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Well, it really depends on what you're looking for. Profits always will come with risks, remember that. You cannot only get profit without risks. And trading bots are just like trading. It involves risks.
It CAN make good profits, but it's not GUARANTEED.
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You can grow your bitcoins in a lot of ways. Perhaps one of the easiest way is gambling. Check out Coinroll in my signature, they're an awesome casino that accepts bitcoin payments for deposits.
But that's obviously not safe so, don't gamble what you can't afford to lose.
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I buy bitcoin when the price is low. It's really simple... Buy low sell high, that's the whole point of trading. If you have a good idea of where the bitcoin price should be, then you can make lots of money. Like I bought some bitcoins back when it was $400 a month ago. And look at the price now
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Definitely rising continuously right now. And it has no signs of fatigue or stopping. I think that we're at least looking at $800 directly before the halving, then an adjustment down to $600-$700.
After that, it'll truly be rising continuously to $1k+ for an ATH.
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Because we are moving towards a cashless society. Currently we are already using credit cards at an ever increasing pace, however this is not enough. We need to have a trustless payment gateway.
And bitcoin offers exactly that, so that's why bitcoin is great.
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