Right now the price of the bitcoin is increasing so it is very dangerous to invest into bitcoin better follow different strategy of investing,find out which altcoin is best for you and which will give you more profit go and buy those coin because now you will get more coin as the value of bitcoin is increasing.So when the bitcoin price decreases and again you can convert them into bitcoin.
precisely by this strengthening of bitcoin prices. most altcoin prices will decline. but I think this is the right time to buy altcoin. when the price of bitcoin fell, altcoin prices may be stronger and you can get a profit |
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If no one spend bitcoin, it will gives bad impact to bitcoin. Without good circulation, the hoarder will influence bitcoin price easier. I think the important thing is not just circulation but spreading is important too.
no one did spending of course it would be very helpful. because demand may be a result of their spending. if spending does not exist then the demand will decrease. and you know what will happen to the price of bitcoin |
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And crash to $0:
A. How would you feel and
B. What would you do?
the important thing was not going to happen tomorrow. before bitcoin death will certainly occur a price drop gradually, there must be an opportunity to sell your bitcoin dude  |
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never using western union, and i can't compare it becasue never use it.
but for me bitcoin is more simple, we can send everywhere in minute it's something special for me
I've never used it but I think it's much more complicated because you need to WU office and of course you need to fill in the data and address it very complicated, it is better to use bitcoin its more simple |
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It will take years before all people will accept btc as one of thier payment options. If we have 5% users of bitcoin of all the people in the world,in 2022 it will only add more % 5 .so bitcoin will need many years before other people will use it.
More people are paying their attention to bitcoin and I doubt that in 2022, there will be only 5% more people start using it. When Bitcoin was born, only hackers and some Bitcoin developer use it. But now, there are million people working with Bitcoin so that in 2022, Bitcoin will apparently become as popular as the USD It should happen only if bitcoin gets accepted more by big country then we can see a huge success in bitcoin adoption. Until bitcoin is not legalized no trader will try to use it in real life business in fear of legal issues. Than it can happen but I also do not think that it will happen very soon or in 2022, I think it will take some more years to do this. of course it will not happen as short as it is, needs to be a process and a very long time. deployment of bitcoin is not as fast as one might imagine. this may take tens of years to almost all human use bitcoin |
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Why would the government risk to something that they cannot control, they believe they have the highest authority so they are not used to adopting but rather they want us to adopt with the government laws and regulations.
In bitcoin no rules now laws, when you know how to use it then you are good to go.
some country who interesting with bitcoin technology, trying to adopt it, create his officially cryptocurrency, so he can acces and get fully control at any transaction, but it's can't be decentralization, it's centralized mining too. I do not think there is a government that is interested in bitcoin seeing bitcoin system is decentralized and anonymous. while the government would want full control over any of their policies including currency ? |
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Yes we can manipulate the price of bitcoin using demand and supply which I believe is the so reason for the recent bitcoin price booming as a result of high demand for btc around the world
yeah the key is in demand and supply if you have a very large capital, surely you can control the demand and supply on the market bitcoin, so you can manipulate the price of bitcoin |
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If I pay bitcoin tax, where is the anonymity? It means the government knows where I live, my wallet address, probably the exchange I use and the amount I used in the exchange. If the government should know that much then they can control the use whenever.
calm down mate, despite the government giving tax on bitcoin users in the country, you can easily avoid it. because bitcoin anonymous so they will not know that you bitcoin users from that country |
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Here is one more. Iam new.  I'm sure every day there will always be new users coming, and I think it would be difficult to calculate how many bitcoin users with certainty, but the most important thing is bitcoin users continues to grow |
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Without fiat dollar there would be no bitcoin.Most miners and any merchant that using bitcoin convert to fiat anyway.Also most trading and liquidity to market is against fiat dollar etc.This is true.
true but when bitcoin have been accepted and adopted by almost all humans, might be a different story. when everyone adopts bitcoin, certainly everyone would accept bitcoin as a payment option right? |
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If I were you, I would never buy BTC at this time. Price may go down as stone. Afterall it is crypto. After all btc is still secondary or not a primary currency. I do not see any reason to buy btc now. Rather wait for a month or two. It is certain that a correction will occur. Safe bet is approx $700. I would rather buy cheap alts with btc/fiat. Unfortunately I have no capital now
Do not waste time, you see prices continue to rise, and some time ago when the price was between $ 900 I also think that the price is certainly down, but the price would continue to rise, do not throw away a chance dude |
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These two are esssentials for making a succesful business and to have a better life. If you invest and profit what will you onbyour profit? Invest it again and again?,thats why investing is always partnered by saving.
Of course it would be better to use both. because if only prioritize investments were you I'm afraid you're going to go bankrupt because you do not have backup money from savings because you do not have a plan to save |
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Definitely, i would invest in bitcoin than gold. Even though, Bitcoin has just crossed 7 to 8 years of its initial stage, still it has potential of reaching million dollars. I hope people who know its true worth will not even try to invest in gold instead of bitcoins.
Bitcoin is very likely that the price will be much higher than now. see bitcoin is not too well known necessarily bitcoin prices will continue to rise in accordance popularity. and if you want to be patient. investment in bitcoin bound to benefit |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
If it is a Fiat, I would prefer to invest it in real estate as this is one sector which is going to see more growth in future. If it is bitcoin,I would prefer to save it for future as I believe it is going to be worth millions of dollars actually both real estate and bitcoin has the potential for a high price in the future. you are free to choose one or both at once, make sure you use a good calculation. and do not forget to save because it's important |
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I thought by virtual of Bitcoin being a universal currency makes it an international currency as its already recognised world wide I think bitcoin had universal, can be used by anyone, from any country you come from, if you can access internet then you can use bitcoin. bitcoin has become an international currency |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
I think it doesn't because bitcoin is the primary currency of the other alternative coins and the bitcoin will not be prevent the price of being higher and higher maybe the other coins will become bigger than bitcoins in the future but it will not make the reason to be the bitcoins to remove. I think even if other coin keeps coming back and may have better technology and sophisticated than bitcoin, but if the user continues to believe in bitcoin. it will be difficult for bitcoin to be replaced |
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Statistically we can never tell how many users use bitcoin because other users are so anonymous as the understand the true purpose of bitcoin but I would say 3% of the world population is made up of crypo users
true nature of bitcoin an anonymous makes the user difficult to be seen. and I want to ask you. if you say that bitcoin users can not be calculated, how do you calculate estimation number bitcoin users, so you say 3%? |
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No I do not think that we need something like that because of the fact that its something that is not needed for us right now.
I guess looking forward for the future of bitcoin, I think this s good idea to have a Bitcoin Bank but then the process must be like as we have now, where we can access to bitcoin as fast as we can not like what we have bank now. I think using the wallet will be much easier and faster. you can also pull all bitcoin directly. maybe you can not do that with bitcoin bank. but to variations made bitcoin bank is not a problem |
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there is no special way of explaining bitcoin against children. we just need patience as they will need a long time to get to know bitcoin. patience is a very important point.
I think not appropriate to tell young children about bitcoin, though you told him about bitcoin, they will not understand it takes time until they are mature enough to recognize bitcoin |
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I buy bitcoin cause simply I do not want my traditional money inflated or lost the value
beside that I want to use bitcoin for investing and gambling online. it's very easy and fast in transactions.
Gambling will not provided any profits for the long term or short term. If you do not like the traditional money also you should go with that one until the fiats become not used. I think perfect answer will be future profit or income via bitcoins there are so many people who are playing gambling as profession they have good experience in gambling. they also know the tricks in gambling how to make money. then are really making good money even in gambling. regardless of whether they could make a profit or not use gambling, but bitcoin can be used for anything, including things that are illegal, and that makes bitcoin specials and have high demand |
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