Well the difference between bitcoin and real money is that we use Bitcoin we can use it though internet use it for buying things online, its like a money where youcan access every where, it ismore convenient than real money. However you cannot touch it by your naked hands, sinceit is stored in a btc wallet. While real money is can be touch feel by hands. That's my own opinion. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There is digital money which was created by the government and bitcoin which uses the blockchain, there difference is that bitcoin is decentralized and the transactions cannot be reverse and this is getting popular now as it's always called as investment to some people.
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Bitcoin is the best platform for short or long time investment. If you choose Bitcoin for a long time investment, I will appreciate you to do this.By doing this,you will be benefited in future.
Benefit is only our expectation since it does not come yet or there is no assurance that we will have the success in the future. As for me, I believe on the future of bitcoin so I am holding it for long term and I am now stronger now even there is a massive dump that might happen.
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I don't think we will see any mass adoption of a currency in the world. Atleast in our life time, their is too much greed.
It will not happen with bitcoin I guess or depending on our definition on mass adoption. If mass adoption means it's majority of the people in the world, I think it's really impossible to achieve it.
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Man... we really need binance.. look at verge.. nice growing up.
We still have a great volume so far but Binance is undoubtedly a great addition to the market. Is there any plans of the team regarding adding new exchanges? I would love to know..
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You're going to have to convert to fiat if you can't pay or buy anything yet with bitcoins. Some people have no choice but to exchange because they got bills to pay and they need to buy day to day things with it. This is for the most part for people who got bitcoin as their only income.
In my country bitcoin is not yet widely accepted therefore I have no choice but convert it to our currency to be able to spend. But, I still have a lot of cryptocurrencies in my wallet and I will only spend when necessary as I believe the value will grow overtime if I will just keep it.
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The cycle of 10 years back, the economic recession of 1998, 2008 and the next will be 2018. That is possible. I think other market capitalization will pour into cryptocurrency. I am keeping the altcoin well and waiting for the miracle to happen later this year.
I would not call it a miracle because I believe crpyto is strong and it has the power to change the world. Smart people are putting their money in crypto so eventually as people have an idea on how profitable here, they will also put their money.
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The best investment strategy is buying at low price and selling at high. Just continue the cycle. Having a strategy that will gain much income in a short period of time.
Everyone thinking like that, but the main problem is not anyone can determine when is the best time to buy even on the lowest/highest one because you may missed them while you're away. I bet you also have a hard time to find them anyway. We will be able to determine the right price to buy if we make our research based on the trend of the price and the news that we can read. Just like what happened today, if we compare the ATH in the past which is almost $20K we can easily tell that today's price is pretty cheap.
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I'm sure that less than 24 hours from now the bitcoin price will reach $ 10,000 and after that it will continue to bolt so it makes us optimistic with bitcoin, I'm sure that the anxiety that happened around the last 3 weeks will soon be answered.
I have to quote again my statement above because it proves that the price is past $ 10k, hopefully this makes us optimistic with bitcoin and certainly would never panic if the price drop, and I would expect bitcoin prices could reach $ 15k before this month ends. After the fall the price started to rise again, it seems like we are gonna be going to $11K. The price movement just convince me that it will continue to rise as of now there are no FUD anymore and I like what I am seeing now. The patience paid me good reward and I am not about to sell it yet because I know it will go up more.
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Either of the two is needed in this kind of field. You need to be smart and wise in learning strategies and making decision and you need to be strategic in thinking of better way to be more profitable. Being strategic can also help you if you had made not-so-right decision while you were being a smart one. Everything should be balance to keep you in a win-win situation.
You need to have both for better chance of success. Trading is a risky activity where you can lose money anytime especially when you do not have the skills to properly manage your time, but with skills you'll have the success in the long run.
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Maybe,we don't know what the future awaits us.We can't predict what will happen tomorrow,next month,next year and the coming years of cryptocurrency.
What we have is only our belief that bitcoin will eventually rise in the future. The risk is to high but since we believe on bitcoin's future potential, we are not afraid to take the risk and we invested based on what we can afford to lose. I have my long term investment on bitcoin and I am stronger now not to panic when price go down.
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NO KYC FOR BOUNTY CAMPAIGN
Chimaera's legal counsel has looked further into the bounty KYC issue. After consideration, we will not be performing KYC for the bounty campaign. Instead, the bounty campaign will revert back to as it was, and everyone is welcome to participate.
We apologise for the inconvenience.
Our concern for ensuring that we are properly in compliance with all regulations led us to play it safe. Our further investigation leads us to believe that we are already compliant without requiring KYC for bounty participants.
We hope that you understand and continue to support Chimaera by participating in our bounty program.
Phew, I just read about this and was getting put off and hoping that at least the sub10k threshold would exempt me from KYC. Glad everything is back to what it was originally. I am happy with this news as well, the team just made the right decision and I am sure now bounty hunters are more motivated to promote the project as the team give us the convenience to claim our bounty soon.
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My bitcoin results are used for daily living needs, first I sell bitcoin to my country currency for a transaction tool. Because otherwise I would not be able to spend it. In my country still have not received payment by using bitcoin.
Time will come there will be more establishment that will accept bitcoin, it's not gonna be easy but as the adoption continue you will definitely see company to support and eventually adopt with bitcoin, this would help to increase the adoption as people will surely be attracted when reputable people or company uses it.
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Why not try sports betting, it's one of the most popular games in the crypto world where you can use bitcoin as your bet. Been doing it for years now and it's very convenient, I am sure you can attract gamblers with this game.
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Sure, it won’t fall forever but yet many people seems like they don’t know that. They act like it’s the end of the crypto. I never had negative thoughts about the cryptocurrencies, i was always hopeful and i was thinking how lucky i am to be involved. Yes, the market has survived a bad period and every year a similar situation is repeated. For this reason, investors should be calm and manage their coins better (instead of panic selling).
If this will fall then a lot of us will lose our money, it will not fall just believe because the technology is so good and it can only be manipulated by whales but in the end it will survive and the price will prosper due to the increasing adopters of bitcoin.
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If the price of a Bitcoin went up suddenly to such a higher level, then it was normal that it had to be balance.
But do not worry so much about that ... similarly the price will be higher. Do not sell your Bitcoin in trouble.
Panic will only lead to loses, never panic if you invest and with good information you will not be able panic and sell. Only weak hands will dump their bitcoin therefore don't follow them as definitely they will regret. There are a lot of article or news to read that will make us strong in hold bitcoin, read all the time.
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most likely, paper money will simply disappear as useless. governments will try to keep them because it is such a convenient tool for control. but the progress will not go away and it is already clear that the age of paper money is coming to an end.
But I think paper money will survive until whenever because the paper money has existed since long and easy received by all the, different with money digital that not everyone could accept because it is not a bit of those who do not understand the digital don’t even know at all the existence of paper money would not be replaced and will be the main as a tool payment It's the government creation so definitely it will survive because if not the world would not be a better place to live. Online currency are invented to fast track online transactions but we cannot deny that majority of the population are still using paper money for their daily transaction.
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If you want to grow your BTC, try to invest it to some ICO's so you can get profit when the project is done, but sometimes you need to be careful when investing to some ICO's and try to read carefully before you invest, because some ICO's are scams.
The fact is that all ico companies when investing Bitcoin or other currencies in their practice, you still get a token on the output. and this coin in turn Can be both promising in the future, and generally do not have real opportunities for implementation . There are certain ICOs that has a working product now, maybe we should be looking at this kind of ICO so our money will grow. It's a complete risk but we have to take this risk if we want to grow our money, that's the only way, we will not be scam if we do our own research.
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Bitcoin's value has increased four-fold since the spring and you thought the DOW stock market surge was big news Bitcoin, of course, is a blockchain-based cryptocurrency. It's decentralized, anonymous and global.
It's a new technology that was not invented by the government so it's just good to buy it now while the adoption is not yet bit. We have to believe that the future of bitcoin is bright so we will be able to be confident in buying now and hold it for long term.
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saving money in bank the value of money will not change significantly. but if we invest our money in bitcoin or alt coin is definitely your money will change its value in need only patience because it is a lot of choices now for investment. so my choice is investing in bitcoin.
Saving money is not investing so we should not put all our money if we aim to grow it. The amount will grow a little but the value is subject to inflation, that's what you get when you want to play safe. Those who want to grow their money faster will have to take higher risk and that is investing in crypto.
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YUP, BITCOIN already to be international currency because bitcoin already can used in more than one country. but the things is that even though everyone can use it not everybody desires to use it.
Bitcoin has already raise awareness to a lot of people that is why the government are regulating it but the media is making the news exaggerated which eventually turn into negative news to some who are new in the industry.
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