Why people sell the bitcoins ? Actully its all depends on the situation.Most of people sell the bitcoin to get some profit like they buy the bitocin at low price and sell it at high. And some people sell it due to the fork. Any fork can damage the price and fall the value of coins. So People sell btc because the afraid of fork that fall the price.A nd there's another possibility that makes peoples to sell there btc which is emergency many people sell the bitcoin when they want money urgently or in emergency case
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Bitcoin is currency and assests. Actually both are belongs to bitcoins.Many investor use bitcoin for long term like for future purpose and keeping it. Due to its value many peoples use it for paying bills and buying staffs from online shopping sites. On the other hand bitcoin give us profit which is main part of bitcoin so it may also called currency
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I cant believe this
bitcoin is about to reach 8000 USD
The recovery is too fast. and there is a high chance for 10,000 USD by end of this year.
Glad to hear bitcoin reaches 8000 USD. Its a great news for bitcoin users especially for those who invest with bitcoin buy it and holding it. Most of predectors said the price will touch at 10,000$ in December so maybe, we should hold our bitcoin more in order to gain more profit.
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No i don't think it can be possible. First of all not everyone aware about bitcoin and most of people has less knowledge about crypto currency.Its take a lot of time. On the other hand fiat is physically and people use it more than bitcoins. So first we should viral the crypto currency in order to replace it which is maybe impossible for me.
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I have heard of many people and companies having their bitcoins lost or stolen.
That being said: What is the safest way to buy and store bitcoin?
Thank you
i had never experienced before like Stolen or lost the coins maybe the companies buy the bitcoin at high price after that the price fall down and they thought someone stole there coins. Anyways if you have huge amount of bitcoin on your wallet you should move to hardware wallets of any offline wallets. Just spend some dollars on hardware wallets and save the coin forever
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II first heard it from my friend. He tells me everything about bitcoins i thought its a waste of time and nothing but my friend tells he made 20$ per week with it, i start searching it and found some investing sites i was so worried about to being scammed but i take the risk and invest it and made double profit with it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
I don't really thing about it since the security provided by blockchain and other wallets are high enough and unbeatable . I think its hard to surpass security. Anyways if you're still worried about your wallets and coins then i recommend you hardware wallet or an offline wallet. I don't think any hackers can hacked it.
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What would you do if you write your private key on your paper and lost them.What would you do if you forgot your password also what really happened if you're the only one who are aware about the key and meet an accident and died ? Your children will then get none of your bitcoins in such situation.
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Saving bitcoin for your children since its your future planning which mean long term investing and holding your bitcoins till your kids become adults. Actually its easy to say saving bitcoin for future but its hard to saving .
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Using online wallets is a big risky task for everyone who is going to use bitcoin as long term. So maybe offline wallet or hardware wallet would better for long term investors. Just 100$ can made your wallet more secure to being hacked. You'll surely feel so regret after hacked and thought why earth on you not transfer your all bitcoin on your offline wallets.
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I keep reading this news about a fork is going to happen in a few hours... then I read news stating that it was called off. Can anyone recommend me a good reliable bitcoin news website?
Its true that's the reason why the price of bitcoin fall down and cash pump it up. Well the good news is the fork is cancelled recently but the bad news is another fork is coming in december. Any ways if the fork appeared then it become for us also because we can buy more bitcoins and can hold them till the fork end.
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What have you bought with Bitcoin? Is it easy? And how can I do it right?
I've never bought something with bitcoins. Since most of sites not allowed crypto currecny as payment method .Like Ebay and Amazon. About the rest shopping site i don't believe them because the scammers are everywhere.I better hold them and invest. I bought the bitcoins with money and hold them when the price down and wait till the price up after that i sell it.
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Since the bitcoin is decentralized currency and almost hard to trace, So i don't really think any sort of legal action take against this guy. Not only roger there's a lot of people involve with illegal activities and using the bitcoin as a source. Why they're not arresting them or taking any action against them.
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Bitcoin is for teenagers not for kids. So i think its a good idea to teach about crypto currencies in collages. But there's a problem with the subject since not everyone aware about the crypto currency specially bitcoins so it become hard to find a teacher who use the bitcoin and having knowledge about bitcoins. So i think first bitcoin should viral. Maybe in future its become the subject but if you talk about present its hard and impossible
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I suggest you to buy bitcoins as its price is increasing and not falling down. Also the market value is showing positive trend . Most of the highly qualified prediction said the price will touch 10,000$ in December. So if this is the case, then its not late to buy bitcoin .You can still buy some bitcoin and hold them. For Gold there is no such good hopes of rise in price.
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Its not new its started from begin. Most of user use it of some illegal activities. Like drugs, Gambling, and Money laundering. We all are aware about the disadvantage of bitcoin which is untraceable. Since there's no control on bitcoin so its hard to caught them.
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Bitcoin is a digital currency with no fixed price. The price fall down and increase depend on market value An online wallet required in order to use it. Not everyone accept the bitcoins also there's no control on it. On the other side real money also a currency we can buy anything we want with it everyone can accept it and all are aware about it there's no internet or anything required to control it.
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Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Its possible only if we promote it. Its all up to us how we spread the knowledge of bitcoins by using social media. But the fact is many people don't want to learn anything they're laziest enough that don't wan to learn NEW things. They're just addicts of talking people with chats and having fun.
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I don't think its profitable . Anything that relate to crime and illegal activities won't gives you any profit but yeh its harm for your life because if police caught you you will be in big trouble they'll jailed you. Sorry to say but you can't compare drugs dealer and other illegal thing with bitcoins. If you're really looking for some profit then we should work with honest and hard work.
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You should invest it with bitcoin because bitcoin have more potential as compare to gold its price is increase day by day and maybe can double your money or triple. If you safe your money in your banks its won't gives you much profit and maybe not increase everyday so you should invest with bitcoins. You can also use your money for long period with btc .
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