Why just big mining farms,I think even big exchanges, if they make a cartel, can manipulate the price of bitcoin for most of bitcoin come from them to general public
ie a very famous exchange sites. has a very large user. certainly exchange sites that can provide an effect on the price of bitcoin itself. The key in the number of users in bitcoin |
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if there is a choice bitcoin or gold I definitely would choose bitcoin, because now it harganyta has started to increase every year always go up, and the market was also now many users. This is a business opportunity in the current era
compared to gold. bitcoin future may be brighter than gold. because gold is already at the peak of popularity. different from the bitcoin is being piloted would be more popular |
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If I were in desperate need of money, I'll sell some of my stuff that can be sold or pawn fast
for example, a watch a necklace a bracelet, any jewelry that has a decent price if you sell it.
that is the only way you can get money immediately.
as i have invested most of my assets in bitcoin and i am feeling that i feel the need for desperate money then i will sell some of my bitcoin because i can get my money back from bitcoin in minutes. therefore i think i do not need to worry about paper money. therefore it would be advisable to have a back up in the bitcoin funds or other investments so that when you do not have the money and need cash, you can use bitcoin for additional funding I think its better a backup funds but it will be more better if you have another wallet for savings, emergency funds, for investments and other necessities .Selling stuffs or some gadgets will be the first choice ofcourse if you have no face to borrow money from your friends or relatives and it is a hard thing to do if you can borrow and you cant pay .So the advisable thing is to have a new wallet for emergency . sell yours goods is a second option, when you do not have spare cash in the wallet emergency. I myself provide emergency wallet, so when I needed the money. I will not bother |
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A situation of chaos and economic recession could cause the world economy and bitcoin die. We all know that if the world economy is currently very dependent from china, so whatever happens with china influenced bitcoin.
I think the future, as users continue to grow from around the world, not just in China and this makes a variation of bitcoin users, then the influence of china will not be too big for bitcoin |
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I know bitcoin from friends, he sent an article that discusses the bitcoin, then I follow the recommended steps like making a wallet, faucet claims and so on. I think bitcoin is great as a means of payment.
I think if you want to make a complete tutorial and describes in detail the bitcoin network of friends. I'm sure they would be interested in using bitcoin. people do not know about bitcoin. because they confuse to start from where |
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I think no more than 1 million users. It is based on information released by news websites in china. From 1 million active users bitcoin, over 70% are from china, so that China can control the price bitcoin.
I honestly doubt with that data. you know bitcoin already more than 7 years of launching and bitcoin itself has spread around the world. I'm sure the number of users more than 1 million dude I think bitcoin user less than 1 million if true bitcoin users has reached 1 million, the price of bitcoin already touched $ 2,000 due only 2,5 million bitcoin can we mine. I think 1 million users, including small amounts. if you want to look at the price of $ 2,000. bitcoin user must have an equivalent amount of gold. I think the number of users bitcoin is now more than 1 million users #imo |
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most people just using bitcoin for investation don't know how exactly number of people using bitcoin  regardless of bitcoin used for investment or currency. I believe bitcoin users has reached millions of people. you can see a lot of people around the world already know about bitcoin? that is the mark |
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Being decentralized and backed by mathematical cryptography instead of central banks if very valuable.
which makes it different from the other bitcoin. and make users want to have to form a bitcoin, and bitcoin has a price request. and demand continues to grow to create bitcoin prices high |
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Hey secondstrade please update my rank to senior member and change my payout address to 16UqzpEcqoDpMLwMCS5U5uPhL1ozZqoa1V
Thanks!
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It will be difficult to come up with a correct answer, but for me I think the best thing is to link the amount of BTC in your account to Fiat and calculate the interest on a daily or weekly basis. The rise in BTC last year resulted in high default rate on BTCjam. Quality search need to be carried in the area to be successful
It'll also be difficult because there's no such thing. Why do people want to link bitcoin with banks? Makes no sense to me. What I'd like is an online stock brokerage where you can deposit bitcoin and buy stocks after converting the bitcoin to cash. But depositing bitcoin in a bank? Hell, no! Ya it is true that bitcoin is different from bank but still most of the users want the bitcoin to be like bank, but they are not realizing that bitcoin is online currency and it has its own values. banks will not be suitable for implementation in bitcoin. bank system that is centralized and open to make decentralization and anonymity of bitcoin will disappear? you still want to use a bank? |
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When I become mature enough to leave PTC sites because its wasting my time then I come up to search the word "how to earn online" thats the time when I hear about bitcoin opportunities but hesitant if this bitcoin thing can be the big deal and now I'm glad that I'm into this forum to know more about bitcoin.
compared with earnings of bitcoin PTC certainly be much several times higher than the PTC. Fortunately you see bitcoin, and soon to join in bitcoin because otherwise you just spend your waste time in PTC |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Savings and Investment base on my assessment are both good and profitable. I realize that lately, because they are both helpful in different ways. Especially, we can save money while do invest in some other business. Meaning we must do it in balance.  investing and saving will give very good results. especially if you get a smooth income from your investment and you save it. surely you will be rich in a few years |
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If I were in desperate need of money, I'll sell some of my stuff that can be sold or pawn fast
for example, a watch a necklace a bracelet, any jewelry that has a decent price if you sell it.
that is the only way you can get money immediately.
as i have invested most of my assets in bitcoin and i am feeling that i feel the need for desperate money then i will sell some of my bitcoin because i can get my money back from bitcoin in minutes. therefore i think i do not need to worry about paper money. therefore it would be advisable to have a back up in the bitcoin funds or other investments so that when you do not have the money and need cash, you can use bitcoin for additional funding |
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Because it is very secured and safe than cash. The number one things important for us is the security, once the the people find out that their thing was secured no doubt that will tell and share this to their closest friend and love ones. Aside from that Bitcoin has many advantages to use compare to cash.
of course, if you use the cash it easily lost or damaged because you save them, but it also easily stolen cash. while digital will not likely be damaged. and very safe. That's why bitcoin digital form |
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It would die by technology disappear or no internet connection. Bitcoin live because of our technology.
yeah it could be one reason bitcoin will die. but I think the technology will never die. let alone the Internet, the Internet will never die. because in the future the Internet will become a major requirement |
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is bitcoin more popular than US Dollar ?
No, I don't think so. The use of bitcoin users too little, bitcoin was born only a few years, while the dollar has a long history. Moreover, the dollar is a traditional paper currency, and bitcoin is a new digital currency, both of which are not the same. On the current state, bitcoin is not comparable to the dollar. However, the development trend of bitcoin is very strong, it may be more popular than the dollar in the next few decades. yeah that's the reason. but although bitcoin already have a long life does not mean bitcoin will beat the popularity of dollars. I think bitcoin might become famous. but could not beat the dollar |
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I have around 150++ btc, bought when price dump to $100
Nice. Thats 10x profits going from 1,500$ to 15,000$. I think the price of bitcoin has never been climbed in price of $ 1,500. but the current price of more than $ 1,000. it means that if you held it until now you could gain 10 fold dude |
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During the still lucrative, of course the bitcoin still worth and believed. but I'm sure, this will not take place continuously in a long period of time, and the least I like is the price of the bitcoin often make surprised. the week can go up and down up to 25%.
because bitcoin prices go up and down very quickly, and may go down to more than 20 percent in one day. therefore you must believe the bitcoin so you do not panic when it happens |
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If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.
if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different yes social status will be more favorable to gold because as you said that it is the symbol of wealth. but if we could use this two to opportunity in earning some money, i would choose bitcoin as it gives many opportunity to many people to earn. not just in third countries but all of the country may use the advantage of bitcoin againts gold. for social status. indeed have the gold will look good. but it's a big problem and speed advantage to get a profit. I certainly will be selected bitcoin instead of gold. |
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I dont know how long it will take, but sooner or later cash will disappear, maby not in 5 years but they will
I think you are right one day or another, paper money will disappear, but I don't think this is going to be happening in five or ten years. This is going to be much longer than this timing. At the moment, even for buying bitcoin we need paper money. Maybe you use a credit card or a debit card, but there is a people in the world who has never used them in their whole lives. Paper money will last a lot more than that, I know people that don’t even know how to send and email or to remember a short password so, the banking system and unfortunately the bitcoin world are way beyond what they can grasp in their minds. for the current or the past few decades to see people not too smart about technology. I think the paper money will survive long time enough. of course the condition of the human itself. |
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