The bigger the risk, the bigger the gain. If anybody is afraid of losing then put the money in a bank or in a vault no risk no gain. Take the risk if you succeed you will be happy if you lose you will become wise. it's a win win situation. But offcourse it defends on how you absorb the situation.
That is true because there are some jobs even in the real jobs the riskier than it is the higher the money you will get. And that is also applicable in bitcoins in tradings in cryptocurrency because in this thing this is a real deal. The higher the money of course the higher that risl you will take. Like for example if you invest in some too good to be true investment they are risky because they might be scam or not. Or by just simply trading some coins the huge money of course always comes with a huge risk |
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I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?
Please share your thoughts. Thanks.
I am a student and I have a bitcoin investment. There are a lot of ways to have bitcoins but if you want an easy one you can always buy bitcoins in you local convenience store like 7/11. Because here we have that, but I never tried yet but my classmates do invest in these but I do not have soare money so all those investments that I have is grom joining in signature campaigns those are my profits and of course by simply holding bitcoins is also serves as an investment and that is the safest way because investing in some platforms like icos are risky |
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Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
They are different from what currency? Is it cryptocurrency? Or fiat currency. Because if cryptocurrency them they are different because they are the first to be made and even if there are a lot of people are creating their own coins they cannot create the same as bitcoins does. And besides bitcoin creator is still unknown and so as the technology behind the bitcoins creation so there are a mystery effect that separates bitcoins from the others. And from real currency, as simply as bitcoins are volatile that makes them a great investment |
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Reasons why #Bitcoin is droping:
- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative
This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this
That is a lot of reasons you have there and you might also have the false news thatbare spreading that the bitcoins are a scam that threatens the people to invest and also those low minded people that panic sells their bitcoins that cause the price drops so well. Bitcoins us the oldest cryptocurrency because theybare the first ever and the creator of it is really not known well he is still not seen by the people so ut is a mystery.but i think not having phd is not a problem there are a lot of smart guys that do not have a chance tp study but they are good but the reat I gree with you. |
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for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses
That is what is in my mind too they do not know cryptocurrency that much or maybe they do not really know it because there are still some places that the people in their do not know about that. And they are not interested at all and that is those elders because there are not use to that thing but I am not saying that all elders are like that and lastly they afraid that they might get scammed because there are a lot of news saying that this is a scam and a lot of rumors too that are having a misconception about the real value of this. |
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It seems as though there is a predominant attitude about people trying to do business that most people are scammers. We have run into this time and time again, accusing us of running "dirty" money or stolen goods.
We put ads or offers in various places saying "vetted buyer" and "respected escrow" and still get negative comments from people that don't even want to do business. They would just rather demean and abase and not add any positive thoughts.
I will say that we have had pretty good success in spite of the naysayers. Doing business in this way is new to most people and seems foreign. But we have plodded through and have achieved a success that has proved that not all are wrong.
There are people all over that are looking for honest services, and we have carved a niche for that entity. We know that there are scammers out there, but we are working to elevate us to a position of reknown.
Not all offers are scams!
Maybe because there are a lot of scammers are using the name of the bitcoins and the cryptocurrency that makes the peoples mind that the bitcoins amd all.the cryptocurrency are scam they have a misconception about it that leave a mark in their mind. Most of them are the victims of the scams that are spreading he news about that but that is not true if you just did not believe about those people who are folling you around and found the real cryptocurrency you might get a hreat source of income. |
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the only challenge that i can think of which really matters is adoption. and that is not something you can fix, it is something that is fixed on its own with time.
as time goes by more people find out about bitcoin and more of them start using it. some are merchants and some are users and they all make the ecosystem grow.
Not all people can adopt to the bitcoin thing because they are digitally used unlike the fiat and besides there are limited stores that are accepting it as a payment so it is not that easy to use bitcoins in this time because they are not that accepted at all market. But as time goes by the people get to know it more and more people use it. But the temptation also is one challenges if you are a user because sometimes the price falls and you want to buy so you will lose money if you sell them you have to have a lot of patience |
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Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
There are a lot of advantages that bitcoins have but I will just only mention those advantages that I and experiencing like for example the conveniency and the securuty that the bitcoins are offering me and the fact that by just only holding bitcoins you are now having an investment and in that way by just simply saving my money that also grow as bitcoin grows and it is an easiest way to have money and that is the best advantage of bitcoins for me. |
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The number of successful ICO's are decreasing dramatically. Just wanna know about successful ICO's in the fourth quarter of 2017 and if anybody still believes in ICO's.
That thing is really making me nervous because that is one of my source of income the icos I joined them as a bounty hunter and sometimes some.of them are scam and that really sucks because I rendered them time and effort but just a scam and others are fail. But still I am believing in them because there are still some ico campaigns that are giving me a decent money it is much better to have rather than nothing. But I am not investing in icos anymore because I am afraid to get scammed by it. |
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It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history. The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that?  That is a great news because the market have been suffering for a lot of month now and being green is a great thing because that can remind to the people that there is still.a chance because some.of them are losing hope in the market because its been months since it is always on a red and never rise that much. Just be happy of what is happening and always be thankful in that because we are losing hope that makes it much more on a down fall |
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In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
I yhink they will because that is a requirement in the future because I know that in thr future the world will be all digitally occuring and it is more convenient than fiat because it needs some raw materials that are naturally occurring. While in digital money all you need is technology and electricity and we all know that in the future that is easy have. And when all the people want to use the digital thing of course the government will not allow some decentralized brand to be rge one of course they will make their own that is stable and will represent each country |
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You have a very interesting chart on bitcoin. Immediately evident that you are good at what you do. I also agree with the proposed possible scenarios. But many people on the forum say that soon bitcoin will test the level of $ 20,000, is it true?  They almost reach 20k in yhe market last year so how much more this year of course they will be much better now rather thay last December. AndI also hoping that they reach for At least above 20k in the market I am sure that there will be a pot of people that will like that thing. The next years I also predict that the bitcoins will be highly appreciated by a lot of people to be a part of their daily lives like treating it as a currency. We will see a lot pf retailers that will accept bitcoins as a mode of payment. |
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It is the vest time this time because every year there are a best time to enter bitcoins but for me the very best in this year is in January to February because the price really drops and almost feared by a lot of investors including me but that is actually a great time because ghe bitcoins are way too cheaper that time almost below $7,000 I think so that is really the best time jut still not that the butcoijs are not yet on the top then still buy a lot.of them as long as you have a spare money |
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They ban it because they can't control it. Governments are in the Control business.
That is true, the government wants to be the one controlling their people but with bitcoins we can have a freedom because they are decentralized so no government can be involve which means there are no taxes to be made. That is why some government thinks that the bitcoins i s a threat into them because it can be a start of a rebellion for some of theur perspective because people can now have a freedom in currency so whats next is freedom into everything. But if they just team up wuth this thing it cannot be a threat at all. |
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The question itself is the answer “PANIC”. Everyone knows cryptocurrency market is highly volatile and risky. And most of the people do emotional trading. They sell when it is crashing. And suffer from the loss. They panic and sell in the loss. What is the point in selling at low? One must wait for the market to turn green and bullish. The way to stop the panic is to not engage in panic-inducing activities such as day trading. It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead. The doctor says don’t put your arm overhead  If you are in need of urgent money than selling is OKAY but for profit, HODL is the best. To stop them is to stop those people that are hating in bitcoins but that is impossible because there will always be one that will hate and say a lot of negative things to bitcoins that can brainwash those new comers. Hat is part of being successful there will always be a challenge and that is those panic sellers if we do mot have that then the value will be stable and all the way up always but we cannot control the minds of the people. Just advocate and scattered the right news about bitcoins and guide those newbies for less panic |
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I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
Yes you can always do that thing maybe you are really business minded people so you can always do your job and do bitcoins at the same time for a lot more money and for you to save as quickly as possible so that you can start you business as early as you can. You can gain a lot of money in bitcoins enough to start a business but it fepwnds on what business are you going to start maybe it is a big one so it will took you a lot of years to start it so my advice dont quit your job now. Because me I have some but I do not know what business am gonna start |
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Of course, the development of events can be anything and can not be sure of anything. But at the moment, crypto currency is very popular and it's hard to imagine life without them, because many people believe in this industry and live by this increasing their profits.
This is true de technology develops so fast and the bitcoins seems like the start of a more digital way of living because they introduced the digital money to us and because of that a lot of people are now planning to make their own like this and developing it much more so it is also a sign that there will be a much better invention rather than bitcoins but the thing is the era of bitcoins are just getting started so i think they can run much more for at least a decade or more |
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For bitcoin wallet holders who have forgotten their passwords, all may not be as bad as it seems.
Yes that is not that bad because it is your fault if you forgotten that there are a lot of ways to save you passwords so even if you forget it you can still have a copy if it. I admit that all of my accouts all over the internet not all of them i remember the passwords but i have a memo and a diary or a kotebook to me exact that contains all of my accounts passwords because that is my responsibility to have a copy of it. So if you forgot it i think there are Still some recovery stage in some wallet providers that you are registered in |
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I dont know if it is just me or others also experience it. I always set goals financially, set limits in spending and trying hard to save but most of the time no matter how i tell myself to refrain from spending in unnecessary things whenever i see something i really like even if i dont need it i cant resist buying it that cause me to regret later. Are you familiar with this situation?
I save my money and not look at them all the time and I am raised by my parents with a self discipline in me so whenever I see some thing some luxurious things to buy I controlled my emotion in buuing those. I think about what will happen if I buy that, if I can really benefit in that maybe it will just waste my money. But whenever I really need it I buy it. But I always limit myself so if you can do that just save you money into you wallet and do not look at it until you forget you have money so you will not spend it. |
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I am also just wandering will astronauts need bitcoin or other money in their travelling through the Universe?
Yes i agree in this sarcasm because you are an astronaut so whats the point of having a bitcoin in space because there are no stores or other establishments there that will need money for you to spend. Because that is space and everything you eat and you do is free because the nasa for example will pay that. So technically you do not need bitcoin in the first place. But if there are an internet connection there abosulutely yes it can be access but if there are no then not at all. But there are some offline wallets but as what ive said you do no need that |
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