I do not know exactly who can destroy bitcoin? maybe I think the country with the strongest economy can destroy it. bitcoin in my opinion is difficult to destroy because it is too strong, china alone by forbidding ico only little impact to bitcoin, now the price of bitcoin is back to normal.
Bitcoin is a form of crypto-currency in which most of people rely on it in terms of transactions. So it doesn't matter how it would take on every transaction that is basically unmanageable because bitcoin is aligned to the development where every transaction is anonymous. |
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Bitcoin continues to grow and is making adjustments to be more acceptable by many people. so with that development, its value will also continue to increase over time, and I think in the next 5 years bitcoin will be more in use more people than we imagine now.
Like most o people , I also do believe that bitcoin would serve as a better form of currency in the market that can offer faster and reliable way of transaction. It ia also a good thing for us becasue bitcoin price is always changing giving us the opportunity to earn and to have a profit for a living. |
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Give us more information about the closing of your bank account, I guess they will not do that without any valid reasons though I don't have bank account yet but it's really normal if you do something illegally and don't respond to them about that issue  Don't just post a thread here that you want to tell and convince us that having account bank account now is not good or investing in the bank are in a big risk this time. Just like investments , trusting you funds in banks is also risky specially when you are new in the world of bank. The thing to do for you to make sure that your bank will not soon ran out you must also consider on being a part of the bank system where you also need to have a funds on the bank so that you could help it on investments, and shares. |
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Yes so many people had asked me a bout bitcoin and want to try to invest in bitcoin, they interested to invest in bitcoin because the value is keep on rising, I told them to compare with last year price and they are surprise, and bitcoin is provide a good side income, but to support my life only by using bitcoin is still not enough and yes due to the price some of my friend quit the job and go full time with bitcoin
We also know that Bitcoin price is also aligned to the principle of law of price and demand where the increased of people who real ti used Bitcoin as mode of transaction is a vital part for it development. And it is a good thing to know that in the time bitcoin develop it price value and transaction it also the time where people who support Bitcoin also increased. |
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I think there is a lot of interest in bitcoin as an investment and store of value. People in countries with high inflation can use bitcoin to hold their savings. I think bitcoin has a future in this use.
Yes it actually true, bitcoin could offer peiole a lot of thing being a form of crypto-currency which is much likely to be aligned on the development of technology. I also believe that bitcoin could also serve as a good thing to transaction being a good option on investments trading and daily transactions. |
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So what you want to say?
Yes buy now new cryptocurrencies and in 5-10 years you will be a millionaire!
I don't think a lot of altcoins and crypto currencies will do as well as Bitcoin did. I think there may be some coins that come close, but the long term gain of Bitcoin has been extremely insane. Maybe it's possible that a coin can do very well, but I think it's hard to compare any coins gains to Bitcoin. Sure you might be a millionaire if you put a lot of money into crypto, but you might also be a broke guy in a few years. I agree , bitcoin much definitely set a good platform on transaction and trading which other altcoin would rather look up to than to extend. It just means that it you want to earn and ti have a profit with the used of you 10 dollars the best thing to do is to actually be a part of the project of both Bitcoin and other altcoin that could actually give you a good profit in the future. |
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Panicking when you reach around 800% profit, then it goes to 650%, then 700%, and you sell at 600% when you see it reach 500% afterwhile and take a break before investing back again when you see a calmer market.
Of course panic is a negative thing to do in terms of trading becasue it could give you a bug loss on your tradings or even investments. But as you will visualize the part where you could actually see how you will do panic , you would know how to deal with it in the time you could actually do it. But for me to avoid dealing with panic , you must consider on setting your goals and plans for you to have a point to loop up to. |
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If i had to invest in cryptocurrency first time,i would start with a minimum $10 and maximum $50 which i can afford to loose.
My hopes would be on winning profits and if i win, i will still not increase base deposits because it involves risk for newbies.
You can consult an expert trading advisor to avoid loss.
It is good to set goals and objectives aligned on investing to bitcoin. But in the world of Bitcoin or in the part of investment on Bitcoin there is no really a maximum or minimum in terms of start investments becasue all type and form, any amount or quantity is accepted as long as you are capable to deal on doing your job and part for you to earn. |
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Well it not just easy as that, it should have process to begin with and and the main is to educate the whole world about bitcoin. It's not also easy that the whole world will embrace bitcoin because not all of us is the same way of thinking. Many will favor but much will hate but for them to better understand that bitcoin would really end world poverty they must first understand what it means and its goal.
Bitcoin could truly be an instrument or a tool aiming to end some particular issues on the society. It is because bitcoin is a form of crypto-currency that is a part of technology and one of the purpose of development is to serve as an aid for innovation and growth in terms of transactions, investments and tradings. |
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Why you don't use a normal exchange?
You just need to confirm you ID one time and that's it, isn't so hard to buy bitcoins...
There is a lot of option for people to buy bitcoin nowadays. Becasue there is a lot of exchanger that can offer bitcoin . Yet the point is the price of bitcoin now is to hing and people could not afford buying bitcoin in this state. So for me the nest thing to is to just find a way that you could actually earn bitcoin si that you have anytime that you do not need to buy bitcoin. You will just need to work hard for you to earn it. |
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Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
The fact bitcoin price increase 560% if looks back when we're stuck at $220, in that situation many bitcoin user think the price will not rise. I think you it's too naive if you think that bitcoin is blessed because it has nothing to do with religion. Yet there see still possibilities for Bitcoin to experience bad things in terms of transaction , value and price. And that could be the point that people would look at bitcoin as a total disaster. But we all know that Bitcoin has its limit and future so the best thing to actually do is to continue our support to its system for it to achieve it full depth in terms of transactions , investments and security. |
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I wonder how all countries would be able to use just one currency if it is about fiat, because the government of every country has control on the money or on the economic system of that country so if the currency is the same for all the countries, who will be controlling it? Wont that become a reason for fights or wars between states?
People could not used only one currency becasue there are differences on the currency of one country to other. For me setting and establishing a universal current like bitcoin that would serve as a current on any type or transaction all over the country would be a better option rather than looking on just one type of curreny that means nothing in terms of transaction on different part of the world. |
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Maybe someday when all the important things that is missing in bitcoin are all set. For now bitcoin is too young and it needs to be develop by those who believe in it.
It is true the bitcoin is young in terms of its systems development. Yet it is much better for all of us to deal with Bitcoin in a early time because we could actually earn out bitcoin when we would take our part to find ways for us to earn in a more reliable ways. The point is we should always take our part for us to earn bitcoin and to have a profit out of it. |
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I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar. It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history!  https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/I think bitcoin is needed in the future because we need a secure type of currency. The way we are now, there are a lot of hackers and criminals that want to get our saved money online, they will be doing a lot of research and knowledge on how they can hack your account. Also, the discovery of blockchain will be a help in the future. World needs to take a part on having Innovation. And Bitcoin as a form of crypto-currency, it tend to be a tool on a faster and reliable transaction for business, investments and trading. And it isvalso a great thing to have on future becasue people could earn with it by dealing with its price growth and development. So having bitcoin is really a good thing to consider for us to earn. |
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Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?
If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.
What's your strategy?
The first thing is, I have to check whether this coin could reach certain price, depends on market reaction or how much it could attract investors. Read some news, join into slack channels and all of their social media in order to get latest information about next development. Then, to decide target price to sell by using your prediction and intuition, just set certain amount of profits that you think it could be achieved. Instead of monitoring the prices all the time, you can use trading bot to execute the orders. It depends on our goals in bitcoin. Becasue before we are going to deal or to focus on trading we should also take a part on learning the system of Bitcoin in terms of its price and transactions. So whether changes happens to bitcoin we all kniw what to do , basically people sell when their target price is hit by the price of bitcoin. That is also the time that they would get profit on Bitcoin and earn. |
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Do Pre-ICO discounts play a big role? How does the entire process work would you say. Let's say I bought a Pre-ICO coin and got a 50% discount on them.. How can I make money right off the bat? simply by selling them the day it comes out?
If you will aim to be a part of an ICO project , or to buy token according to the project , you will need to take your time and be a part of the whole project. It means that you will also need to advertise the token and the project for it it be successful so for the future the token would hit the price on the market. It just means that we , are also a vital part on the development of the project. |
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You can trade with other exchanges that offers the lowest fee around but you also have to consider the volume or users in that exchange. You don't want to end up waiting for your coin to be sold or your order to be filled because there's not much traders in that site. That's how I felt when I tried using other exchange site aside from Poloniex.
If you are going to do day trading it is good to have an exchanger that is base on the local currency in the country where are you live. Becasue it is the only way you will know the rate of price of bitcoin in more systematically way. But if you want to deal with exchanger you could actually try on dealing with any of it , just look and analyze the stock of the crypto-currency you want to deal with. |
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I hate such questions "What will happen if..." There are only few countries where bitcoin illegal. And mostly countrys don't plan to ban btc. Last week there was some FUD from China, but bitcoin is legal there. Now lot of countries planning or already took actions to regulate bitcoins, that people would pay income taxes from their btc.
And even if some more governments will ban btc, it won't kill bitcoin. They can't control bitcoin and prevent people to use it.
P.S if you already advertising your website, make more serious article, because content of text is far from title.
People have full of doubt on the things that they really not sure about. And we can see that you are quite new in dealing with Bitcoin becasue if you are a veteran or have a history on dealing with crypto-currency specially bitcoin you would not consider dealing with what if questions. For me the best thing to consider is to support Bitcoin for you to experience the full depth of Bitcoin in terms of transactions, investments and trading. |
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There can be certain restrictions that only bitcoin can bypass. For example, in many countries, underage people can't open bank accounts to their name without parental consent. Bit more importantly, entire countries are limited by things like capital controls, like here in Greece.
People while prefer to do transactions that are basically uncommon in the fiat system deaks to used Bitcoin to evade the restrictions. So formally bitcoin could serve a better way of transaction for faster and reliable form of transaction setting a more established way if transaction as well as earning. |
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Escrow systems can make the loan by bitcoins a secure as well as risk free. The loan provider and the getting person can submit collateral and loan amount to escrow. Escrow can provide the bitcoin and if proper interest is not paid, escrow can give the collateral to loan provider.
Escrow is just good for the provider of the load. But in case of the people who is responsible to take the load it is still risky for them becasue it is not their own money. So if it will loss they will take the full responsibility to pay it as part of a loan. |
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