Best possible way for an investment would be holding the bitcoins instead of putting them in different baskets.
Bitcoin itself is one of the best investments if you are smart enough and know how to take advantage.
waluapun yeah you just hold your bitcoin course it will be included in bitcoin investment, so if you're afraid of something risky, you can just hold your bitcoin and wait for prices to rise, believe it or not this is still profitable |
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Kids can earn bitcoin through some games found on playstore or promoted on some forums. But letting kids earn bitcoin is not just right because they are too young to earn money. Their mind is not into money on that age. They should should just be playing with their friends or family while they are still young. They will discover it themselve once they want to earn their own money like myself.  Totally disagree with that statement. Kids should learn about money from a young age and shielding them from the real world would do them no good. Just hoping that they will discover everything themselves isn't a good way to go about it imo. i think kids should first complete their education and then should use different ways to earn money either it is through bitcoin or though some professional jobs like accountancy doctor etc yeah I agree with maybe they should give priority to learn before attempting to use bitcoin, because in fact the bitcoin is not suitable for them, maybe when they begin adolescence, they able to learn and use bitcoin |
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Columbus Blue Jackets 3 @ 1 Tampa Bay Lightning
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I regret having sold 6 bitcoin several months ago, I think prices will continue to fall but bitcoin several weeks after I sell price is thus increased. And now I have to buy bitcoin again and I will hold for a long time or price reach $2000 or more.
There's nothing to regret if you have made profit selling your bitcoins, you can buy now and hold for more years, that way you will make more profit. It's all about the right timing mate, you just have to stay patient if you are really waiting for a good price to hit before you sell. Indeed you should not even have than regret because you made profit, selling bitcoins is never good when you have the feeling you can make profit but on the other hand profit stays profit no matter what. The fact is you cannot hold bitcoin forever, otherwise you will not enjoy it's value. Be wise, sell at the right timing. You are right, timing is the most important in investing. The timing to get in and get out and the timing to buy and sell. It's important to ensure that we can have at least a profit when we will be selling our bitcoins, and as a way to guarantee that we enjoy the value, we must spend as well. However, it is very to get the timing right. The bitcoin price is too volatile. When you buy , the price could drop. bitcoin is very volatile because it makes it very difficult to choose the time and the right price to sell bitcoin, it took a good analysis is it the right time to sell or not, a good analysis will determine profits |
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I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering
Bitcoin is used in illegal fields but really it is a part of every currency, not just BTC. For example credit cards are being used for stolen credit cards. Cash is being used to buy drugs off the street or paying for illegal prostitution. Paypal is used to chargeback scams. Bitcoin is just another currency. Exactly, it's always the decision of the user on how he is going to spend his bitcoins, if he chooses to use it for illegal activities then it's up to him. We can't control him but he helps to increase the circulation of bitcoin so in general we have to be thankful to these people. I agree with you anyway the whole people will not know what people are doing with their bitcoin, because every transaction will always be anonymous you will not know the transaction was for what and from whom, so I do not think it needs to be made as a matter |
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After I knowed bitcoin about 7 months ago, I was moved and sold some gold that my mine and took with bitcoin. I sure bitcoin is more profitable than gold.
bitcoin certainly more profitable than gold because the price movements on bitcoin bitcoin faster and the potential is quite large. so it makes bitcoin is more profitable but to the problem of risk. bitcoin probably more risky than gold |
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Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
i think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income and goverment have to legal bitcoin Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin. But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet. But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity. The best way to help poor countries is change the financial system, we know in the poor countries finance only have some peoples or organizations. Bitcoin will help poor countries if all peoples care. I do not think the financial system we need to fix but the resources and jobs for residents who need to be improved and supplemented, by providing online work on bitcoin, maybe it could save their country |
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I did not dream to get rich, but I want to dream and to be successful in the future. with whatever it is where the true path. bitcoin is only one way and one of its parts to success because bitcoin to now be able to help me in my everyday needs, and I hope in the future I can success with many ways.
yeah I also have many ways to become rich or successful, bitcoin is not the only way to get rich, but I'm sure bitcoin can help in achieving the goal, so I'm working hard to get lots of bitcoin and work elsewhere |
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Massive adoption will come, I feel it's enevitable when we get etf's and wall St money and projects like mega upload 2  Agreed!!! Maybe after 4 years even the low class of people will be using bitcoin. Until all people are using bitcoin everywhere. I already imagined my self after 4 years. Im holding a 1btc coin on my both hands. You are really not a dreamer then, if you are just imagining one bitcoin in your hands after 4 years, because people even want to earn more than 5 bitcoins in a year by seeing its growth and you are wishing to have 1 bitcoin after 4 years. And yes, massive adoption will come and that will make bitcoins price grow higher. There is no need to call that dreaming. If the bitcoin is used by 10% of the world population, the price will be many times higher. yeah I agree with you, this time perhaps the user is only about 1-3% of the total population of the world, if the bitcoin users can reach 10% of the total population of the world, I believe bitcoin prices could rise many-fold |
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I cant imagined bitcoin can reach that imposible value that your predicting. In fact bitcoin struggle to climb up to 1k $. Well see some changes in prices while trump is president of usa. But 50k is too high to achieve
yeah even the price of bitcoin is very difficult to go up to $ 1k, how bitcoin prices could rise to $ 50k, of course it is highly improbable I think trump would not have had any effect on the bitcoin |
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I know Bitcoin is being used to buy illegal items such as drugs and other stuff. I think they use Bitcoin because it's what the dealers and consumers want, anonymity, untraceable, and still be transparent. I don't know any deep web stuff but I think it really is being used not just for drugs, I've seen in Mr. Robot that it is being used in other ways. (It is a good show by the way). Drugs are just going to destroy you.
The anonymity is not always guaranteed when you purchase drugs from the dark markets. You will be providing the shipping address to the vendor, and it might be possible to track you using this information. I thought you could use a dropper and the dropper will not accidentally open the package of things, they just save in accordance with the information there, I think the system is similar to the mixer |
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Part of the reason why someone is hesitant to use bitcoin is due to the limited number of merchants accepting it, be it online or physical shops. I know that there are more shops and online stores accepting bitcoin, compared to two years ago, but still, we see that there's still a lot of work to be done. Currently, I am spending my bitcoins only on a few things and if the need arises, I just convert mine to fiat.
That's for now but we are looking for a better future, the main reason is we are still in the adoption stage and though a lot have adopted but not big enough to attract investors open a business where they will have to accept bitcoin for our convenience as well. one of the reasons why investors are interested in bitcoin is because there are many people doing spending in bitcoin, so they think bitcoin have users and a big market? I can not imagine if people do not want spending their bitcoin |
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Not investing is an investment because you can just hold your bitcoin and wait for it to rise and then you will have as much as you would if you did i mean i am not against investing some of your bitcoin hell i do some investing my self but not invest it all
there are many variations on investments and you are free to choose the existing investment in bitcoin, you choose a low risk or high, it's up to you, if you want a low risk you could just hold your bitcoin and wait for prices to rise |
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It's a matter of free choice, you have the possibility to choose between Bitcoin, fiat currency, or both. But if you're looking for good reasons to use Bitcoin, I think one of the reasons is that Bitcoin can protect you against inflation, since the system was designed for this. The other reasons are convenience to use it, and the possibility of having more control over your own money, since it's a decentralized form of payment.
Another reason is no government backs your coins so no government has any claim on your coins unlike fiat, so the bitcoins in your wallet are yours and only yours to do as you wish with them. or a lot of people mention that, you become the bank for yourself, there is no tax on wealth, there is no interference in bitcoin, you're free on bitcoin, I think it's a good thing for someone who wants freedom |
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Yeah, there are people who are living the way they want and they are spending what they cannot afford for their lifestyle.
They always to be what's on the trend but as they spend their money, they are not managing it well. That's why I can say that I'm a good manager of my money.
I don't imitate them with their lifestyle and I just spend my money on the things that I need.
Then you can call these people as dumb, in the end they will just borrow money and will be in debt of the rest of their lives due to lack of self discipline. you know to be rich you must have the discipline nature, you have the discipline to continue to save bitcoinmu, according to plan and the discipline to not be wasteful in the use of money, discipline is very important to you in your plan to save money |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
Every one has a chances to get rich in bitcoin once bitcoin is getting to spike the price what like professional prediction for example bitcoin will be in 1,000,000 per bitcoin is really awesome and then you will build a descent business ofcourse with related in bitcoin and i will do gambling all the way. of course everyone has a chance to become rich, if he is willing to work hard and pick up the money that it is very possible he could become rich, and therefore make a plan to get bitcoin and do it dude |
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I will ask money to someone whom I trust, who can I talk personally with. Because being desperate of having money not means you are going to borrow to some one whom you do not know. But professional person who is having a job can easily manage to get money in that situation as he holds a descent image in the minds of the people but what if a unemployed person found in the same situation, will people have same perception for him and will be willing to help him out?
He will have no way to pay back a loan because as you said he is unemployed. No one will give him a loan without a collateral. If he have assets, he can give that as collateral, otherwise, he have to find other way to get money. But he said he would talk to someone whom he trusts and whom he can talk personally with, so if someone trusts you too and knows you personally then he might give you the money as a loan but then it is your duty to pay him back even if you are not employed because he trusted you that is why he had given you the money. You can't trust a man's promise to pay if he has no capacity to pay, if lending someone without a job then probably you will have a problem in the future. People will really look for money when they need it but they do not consider the possibility because their main goal is only to make money. for that if you need money and you have no other recourse than to borrow money, so you'd better have a good reason to borrow money, give your reasons so strong that people are willing to give you loan money dude |
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For me, less than 1 million. I'd say that there is 450 000 Bitcoin users, so slightier less than 2 millions.
nope i think it will be more than that, even for a bitcoin users in this forum just over 600K user course bitcoin users in the world will be more than that? I think the total users will range between 5 million users |
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Plan is to find a better day job abroad. Second thing is to make a good earning of bitcoin with a target to be achieved. I hope to earn as well multiply as much possible to touch 50 bitcoin within 5 -7 years time period.
I also have a plan like you, this time I was working as adminitrator in one shop in my area and during breaks or after work I continue to work on bitcoin, believe it or not earnings by 2 this work is very help me |
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Yes bitcoin is widely used for illegal purpose because it is pseudonymous and do criminals find out much safer to use bitcoin for transaction rather then real currency. There is no way to track the user who is sending money to whom. So it's of comfort for them.
yeah with bitcoin facilities that give ease and comfort to secrecy, it makes a lot of criminals exploit this to conduct illegal transactions, we can not prohibit them, because the user is free to use for any bitcoin |
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