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Every year there is more progress with Bitcoin, since its birth it has been the "year" of Bitcoin.
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Research and learn, make sure that it is the decision you want to make, don't do it on a whim.
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I missed losing anything of value on Mt. Gox and lost a small amount on Cryptsy, should of done my research on Cryptsy...
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Mostly use it as a currency, buying a lot from Scan.co.uk and various other hardware sites.
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Kim is a good person to push Bitcoin indeed.
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Always liked the idea of mining and spreading a currency without any real limitation.
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Every year is the year of Bitcoin since its founding, the only way is up!
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Use them both, prefer Bitcoin although cannot use it everywhere without converting it to Fiat. More BTC adoption the better!
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I can't really see anyone wanting to help them out, not after a substantial loss like that.
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I would personally buy more Bitcoins, because I missed this opportunity back 2012 when It was around 13$.
I think majority of users will do the same as everyone is aware that if price falls it will rise again in future and if it falls to $1 then it will be an best opportunity to buy maximum coins. Totally, Imagine If it dropped to 1$, I would personally buy 100 BTC at 100$, If It raises again, COOL I'm WINING! If It doesn't, so be It that's life, you must risk  Would probably do the same, try and amass a lot as long as the main protocols have not changed. |
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Been involved in the BTC scene for far too long to simply stop believing, it has had ups and downs but i'm in it for the long run.
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I never really understood the whole idea around burning coins, it was done more so in the earlier days.
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Bitcoin will recover, sad that this keeps on happening...
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Sorry guys i never looked at this thread  İ would like to start this project in Turkmenistan. Actually it is even cheaper then 0.01/kwh. İ have many connections there and i try to solve the goverment sided things right now. My friends are looking for a solution. The thing is if i do it there i need to place many miners otherwise it would not be enough profitable for all that effort. Edit: GPU rigs or ASİC miners what would you say ? With that low cost electricity just try and purchase older miners for cheap on sites like ebay or this forum. |
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Price has leveled now at a round number of $625 so expect it to rebound back to $650 again today. You know about the first day of the month when a slide like this happens. It always comes back in full force to what it was before everybody cashed out their btc to pay their rent for the month.  Pretty much expecting the exact same, hopefully it pushes even higher. |
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Don't think this will happen, unless catastrophic events occur to take down all nodes, even then it will recover.
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The technology is brilliant and it's a surprise that banks haven't checked out blockchain technology long before this.
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I'd continue to use it unless there was a fundamental flaw with Bitcoin, although if it did reach that it would likely be due to an unrecoverable flaw.
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Bit coin is the Original electronic crypto currency and you can never replace it with anything at all. It's more like an egg as we have a lot of different eggs out of so many birds even reptiles but as though they might represent the same Function but they have completely different out come. I hope you get what I'm talking about. It is true, can never really forget about Bitcoin as it is the founder of the most known set of cryptocurrencies and your explanation is pretty spot on. |
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Ethereum is doing very well, but I don't think any crypto will replace another, simply be used for a different purpose.
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