Limiting yourself is very important if you don’t want to be addicted on gambling. Limiting on how much you will spend to the gambling place the day you will play will make it better but hard to maintain specially if you become addicted already and lost the track of the limitation you set. Even it is for fun, self-discipline is important so that the limit you set will achieved.
Limiting yourself is the best way to make people stay out of addiction. But here majority of the users go out of their limitations, which is because of the random winning experienced in between the time. Better is to make a strong stand to limit the time and spending on bitcoin to be successful. |
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I am scared that we already reached the peak of $4,400 I think it will begin to crash soon down to the $2,000s again... hopefully not, but it is what I think because price cannot continue to rise forever $100 per day.
That's might be true to some extent. With bitcoin all that's happening is unpredictable and the same happens in no time, so $100 growing per day is not a big thing to be achieved. Maybe this might change with time, but we cannot say with surety that it can't grow in a. Similar manner. |
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I don't think Bitcoin alone experiences price pumping. If examined the price pumping is felt over altcoins too. Though both are almost on the similar market the pump and dump happens in different time scaling. During the recent growth of bitcoin found more altcoins in pump.
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I do not thinkg that bitcoin cash machines are becoming more popular. In my city, there has been 1 Bitcoin machine for 2 years and I have not seen any new machine coming around to my town. From my point of view, BTM is uncomfortable and you have to wait for a long time in order for your transaction to be confirmed so that you can withdraw your cash.
Yes, bitcoin cash machines are not getting that popular. Recently in Japan the use of Bitcoin Casino Machines have been more popular and in other countries in several area slowly these machines were getting removed. This is all because of the increased transaction fee and increasing usage of exchanges. |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Yeah, Bitcoin has defeated the gold. But when you asked this thread then bitcoin was $1260 and now you could see bitcoin price has been increased more then triple, and now bitcoin is $4152. So definitely bitcoin beat the gold and now may be in the coming time, we would be compare the bitcoin price with diamond price. Bitcoin has grown triple the value of gold to reach the ath. Gold has been given preference as a most trusted reserve, now too that prevails among the users who doesn't wish to risk their earnings. One who focus on profiting prefer bitcoin over gold though it has got risks due to the volatile nature. |
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Well, all this is just happening as a result of panic of what the outcome of 1st August meeting would be. It is a great avenue for investors to buy more and hold pending when the price double again. There is a tendency that the price will decline more before reaching strongest support.
It is quite normal for people to make bad decisions when some changes happen specifically when the thing happened is quite unusual or new just like the spilliting of Bitcoin where its price is obviously dump on some reason resulting for people to sell or to panic on managing their Bitcoin. But see and look how this changes take place and what is the impact it made to the growth and development of price of Bitcoin for now. Yeah, and majority of the same happens with people who are holding a small volume of bitcoin. Large volume bitcoin holders never panic as they have the chance of price manipulation. The small volume holders will be always in panic and focus to get the best which ends as a bad decision at instances. |
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$100000 seems to be possible, but when this gonna happen can't be predicted precisely. In less than eight years time the price had reached over than $4000. So the price might reach around $50000 if more people get into the bitcoin community by the year 2024.
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For more retailers to accept bitcoin, we need more implementations about the bitcoin payment systems. The current payments are slow and subject to high fee.
Depending upon the growth in the price the fee too increases. So when retailers accept bitcoin as a payment gateway surely more than the present Circulation causing price increase can be expected. This year seems to be the best as the retailer market accepting bitcoin has grown to high extent compared to the past year. |
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Hi im still a newbie but one of my friend says trading and investing are so risky so dont try if you dont have a lot of experience about that . he said to me that im going to earn more bitcoin then soon he will teach me to know all about trading and investing  your friend is right, if you have no experience, trading is very high risk. all activities with money always had a high risk. Therefore we have to play with a small amount for seeking experience so that we can minimize the risk. Trade in my opinion if we already know or understand a coin. Not too risky. Which is very risky is an investment. Because ibaratnya us if the trading will get coin or goods. Different from investment It purely depends on the users interest, because if the user has got good volume of bitcoin or backing of fiat and has a risking mind then surely trading is the choice. If the user doesn't have the mind to risk, but have a good volume of bitcoin then investing is the choice where profiting will be minimal. |
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I told my friends about crypto around May, they were reluctant and thought Bitcoin "isn't back by anything". With some arm twisting and proof I made money they finally got crypto, one of them made six times his investment and the other is doing good to. Bitcoin has had such a positive effect on my life and people around me and I want to spread this more and empower more people.
That's good of you. Majority of the users won't get such an opportunity as they won't trust in it at the beginning. It's all about trust, so somehow you've made your friends being an active user of cryptocurrency and has benefitted with an bigger profit. This will surel surely encourage your friend as well for continued spreading of bitcoin to the surrounding. |
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The price increase happening with bitcoin is good and surely the growth will happen reaching $10000 or even higher. This is all because of the ongoing and upcoming adoption from corporates and large scale industrial services leading for a bigger and better circulation making price increase much high.
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The digital currency community is very young that it haven't crossed just 10years time. The present year is good compared to the past years of spreading. Why I say is that, the users who regretted in the the past are now showing interest towards investing into bitcoin and other digital currencies.
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With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
Yeah I think with soaring bitcoin prices and seeing the price changes are very fluctuating bitcoin. Many users do not consider bitcoin as a currency but assume that bitcoin is an investment commodity. The proof is currently very few users who use bitcoin as currency I agree with you, with bitcoin prices so high that nowadays almost users rarely make payment transactions using bitcoin, but using bitcoin for business purposes such as trade and investment. It is clear that the role of bitcoin not as means of payment transactions is very valuable asset and has high value. Yeah, these days we can find an increased use of bitcoin for investment, holding for future and for high volume transactions that banks won't process with, due to the taxes. Can't deny it to be no longer a currency, because different users have different ways of thinking. |
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Each coin has got its value based on the markets available supply to demand process. So if one is lucky even the coin with the decreased market will gets pumped in a short profiting the investors. So it's up to the user to select the coin. Think of bitcoin, it too was around $1 when came into existence. Now this has grown high. Expect same happens with other coins too.
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That's true, each second seems valuable at the present rather than the past days. This is because of the growth happening in abundance. I lost around $600 selling at the price of $3500, once after selling the price has increased for each second and has crossed above $4100 shortly.
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It's now at $4179, and I think there is a resistance line at about $4500, so hang on for a wild ride as it tries to reach it! This is incredible - we are definitely at the Mania stage of this bubble.
U have seen such price increase once in the past when the price was rallying towards $2500 and now this is the second time. During the first time after a big price pumping a correction phase took place. Now once again a big price rallying is going on, and so a correction phase might happen around $4500 as most users suggested. |
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Stable currency value is impossible because currency's price is always changes because of the economy also bitcoins price is depends on how many people are investing on it. So currency really can not become stable its value changes always.
All the currency that are functional under the government falls under the stable currency. These stable currency gives the users the trust because the currency is backed by government whereas the bitcoin is decentralized and functions on the open platform. |
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Price is 3700$ OP should change name of topic to "can bitcoin hit 5000$"  Bitcoin price crossed 3500$ already, now we are expecting price of one bitcoin in 2018 is 5k$. And I am pretty sure that price will go up and reach that milestone.
I think it will reach 4000$ by the end of this year or in early 2018, 5000$ is more likely to happened in late 2018, but who knows? It has already jumped from 1800$-3700$ in less then a month, everything is possible. Hodl and hope. The price has crossed $3500 and now it's to reach the next milestone of $4000. This too is expected to happen in a shorter time as the growth percentage is going good. The price jump in just four months time has happened from around $1300 towards $4000 and if the same continues we all will be millionaires in a short. |
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Whether it's North Korea or some other country surely America is the one to be beneficial. Now the war situation prevails around several countries over the Asia. Even here it looks like America supporting a particular nation, but the hard reality is that it never tries to make a peace between countries.
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Doubling money is possible through bitcoin. One can make plans of multiplying his fiat with the use of bitcoin, but it should not have any time constraints. None know when the price increase and decrease takes place. We are responsible to find the right way and invest to profit as expected.
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