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21  Bitcoin / Bitcoin Discussion / Re: Is holding bitcoin Greedy? on: January 09, 2018, 04:04:59 PM
These days, Bitcoin is the biggest and greatest cryptocurrency​ in the world. It basically set the base for how cryptocurrencies work to be honest.

Even if I am not a banker nor a stock expert, I am a miner of Bitcoin at the very beginning for some time, and now GPU mining Ethereum.

From my point of view, I would say that it is a gamble. It is about who will keep their bitcoins take longest, before it forks. Please, stick around while I explain what I am thinking of.

Think of it as a Crash game.

I am not so sure it exists in real casinos or anything, but this happens a lot with videogame items that someone can obtain.

I am going to explain the whole process, with what everything means for your case.

Players that want to play withdraw their items (in this case, your time, caring, and costs if you are a miner), and get coins (in this case, Bitcoins) as a currency that they can use to play crash.

What crash is though you ask me. I can hear you. You set your bet (in this case, as many bitcoins as you have and want to trade), and then, a multiplier graph appears. It starts in 0x, and it doesn't end. When the betting time runs out, a line, representing the multiplier value appears. It goes from 0x, to 1.01x, 1.02x and the values go on and on. Some time, it will crash, the point is, when it will. The round ends. If you have cashed out before the multiplier crashes, you get your bet x the multiplier in coins. If you didn't withdraw your coins, the house takes all your coins.

In your case, that multiplier signals the value of Bitcoin. From 0x, where you started looking into trading your Bitcoins, to the giant crash, in this case, the market crash of Bitcoin. The time you wait, before you check out, are the weeks or months before the crash. If you were too afraid of the potential of losing money and you were to trade them now, you would not make as much money as you would right before the market crashed. If you were too greedy and waited for when you are satisfied with your earnings, the market could crash, with you losing lots of money.

In my mind, it is a gamble. But you have to play, and before it is too late.
22  Bitcoin / Bitcoin Discussion / Re: What should I do to get bitcoins? on: January 07, 2018, 07:56:51 AM
Investments

BITKOIN Appeared in 2008 and it cost a negligible amount. In 2017, the cost has grown a million times. The investment has a specific risk. With a long-term investment in the crypto currency, it is possible as a price increase, its stop, and a decline.

After a few years, many people regret that they did not make investments, for example, in 2013. It was at the end of this year that prices began to rise, which later rose to the skies.
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