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it is possible to overtake bitcoin but it will be quite difficult, if the growth of bitcoin transaction and the user still big then it will be near to impossible for other crypto currencies to rule down bitcoin, unless bitcoin suddenly got issue, then any crpto currency can replace bitcoin, but up until now i don't see any dominance of alt coins that have a chance to replace bitcoin
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I think it is safe, coinbase is the first wallet i had, and up until now i got no issue of using it, so for me it is a pretty safe wallet and it got a good security, there were few times that the user claims coinbase hold their withdrawal and recently there was a rumour said that coinbase is going to be inspected by IRS, so coinbase reputation is a bit tainted due to the rumour but i still believe in coinbase
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in my city there are no bitcoin ATM, and i doubt there are many bitcoin users, but in other city there are 2 or 3 ATM, but that city is in different island with my city, i think there should be 2 or 3 bitcoin ATM machine is in each city so it can boost user to be more active in using bitcoin and also it will be a good chance to introduce bitcoin to the one that still don't know what is bitcoin
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Eth is in the low point, the price keeps on falling and the stability is really bad, luckily there was still some project supporting ethereum, but for now there are no company willing to invest in ethereum anymore, it is all starting because of the forking, i think slowly ethereum is sinking and seems like the coin developer doesn't really care anymore about this coin
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My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
Hey! i would like to tell you that self control is one tough thing to do for me because now i can't really control my self from gambling and i really want to win some of my losing games before but i would recommend you to please quit gambling because its not really a profit and it doesn't fit for you by the way rich people can only play gambling games because they have much money but still we can play but in a lower price but its not enough for us so find something to do like trading or something but not gambling for sure it makes your money vanish or bitcoin like a dust in the wind  Yes it hard to control yourself when gambling, if it is easy then we won't have any gambling addiction problem, the point of gambling is to know when to stop and only play if you have spare money to spend, don't expect there will be any profit from gambling and only gamble with small amount to have fun, and there won't be any strategy that can make you rich using gambling |
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Professional trader know when to sell and know when to buy, it is the experience that sharpen their skills not some theory from book or internet, they can even make profit from the most difficult situation and for sure they didn't follow their emotion and they not blindly follows market trends
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i don't think it is going to work, even with 50% winning chance people are struggling to win any profit, with 30% i doubt you are going to win 5% every day, and you need to tell the gambler to set losing limit, so the gambler know when to stop,to be honest i think there is no strategy that will make you earn profit everyday
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i had been scammed so many times, when i was still newbie in bitcoin, i was mislead into Ponzi, the first ponzi i joined paid two times and the third times it ran away, and then i tried HYIP i split my coin into 3 HYIP, all of them are scams. I don't earn anything from HYIP, joined fresh cloud mining got scammed before ROI, so now i always encourage newbie or anyone else to avoid all of this things, bitcoin is a world with a lot of scammer you need to be extra careful
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Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
well that is one of the risk of using bitcoin, but when you got bitcoin and you don't have any urgency it is better to keep your coin, because the bitcoin price can go up someday, so as long as you are patience you can gain more profit with bitcoin |
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i don't think the difficult of the gambling games increase but I think you are run out of luck or maybe you need to upgrade or change your strategy or maybe you can try another gambling games, who knows you can earn back your glory by playing different games, but if you still lose then it is the best for you to stop gambling
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as you know and all of us know that Minerfarm is one of the cloud mining site, and all of us also know that cloud mining will turned to scam, so I think you just been scammed, so let this become a lesson and don't hope that you will get your money back
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
Actually it is not easy at the present time Because of the lack of user of Bitcoin in the real world so I will suggest you to offer you buy/sell rate at Bitcoin and secondly secondly make your own site to make online shopping with and without Bitcoin . At the moment we don't really have much option, like everybody says it is better to shop it online so your bitcoin doesn't get too much discount, in my country I only have one local exchanger that directly transfer to my bank account and it cost 1% of my bitcoin value and plus i need to pay the transaction fee, but at the moment I don't have any option but to pay it |
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I think governments have to accept that people use bitcoin and don't pay taxes. Or, they can make some sort of a licence you must have and pay for if you want to use bitcoin legally. Banning is not a good option IMO, because it will only lead to dark market and black economy.
Bitcoin get accept from government need some steps, the main factors is get agreement from the legislature as representative of citizens. For get agreement from legislative, need long time for become law. The government will accept bitcoin or any crypto currency if the government feel can control it and keep the coin under supervision, the government want total control over all transaction and all of the user doesn't want this, so the government have 2 option, the first one is force everyone to have transparent transaction or banning the coin |
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I absolutely not agree, I am using bitcoin because I want freedom and I don't want anybody to peek or interfere into my wealth, so if the exchanger give all the record to the government then the government will be able to trace out transaction and all of our money, then it will be the same with transaction using fiat
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After I used bitcoin for a long time I do feel that transaction fee is quite expensive, but it is still in a normal range, if this keep on continue i think it will affected the user, but it won't affect too much because like it or not you must pay the fee, actually it will be better if the transaction fee can be reduced
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Yes, most of the time the coin developer is looking for chance to create a coin that can have valuable which one day can replace bitcoin or at least become bitcoin side kick, but most of the user is not interested at all due to the various reason and when the coin got no value the coin developer will create another coin, so most of the alt coin won't be used and we never heard the name
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After reading some comments I realize that my story is not that much different, most people think of bitcoin as the currency of criminals or think is to complicated to use, but it is their loss since they are not going to be there when the price rises.
Well we needed to provide them right knowledge about bitcoin i guess giving them right and positive information about this will change their minds and start to research about this currency and for sure they will begin investing as well. i hope it can helps them to make a research about bitcoin because many people push their attention with offline jobs because they think its real, they can see with their eyes, and they can feel the money while bitcoin is like a stock and they can not see what kind of this thing, how its looks of bitcoin, and anything else. i hope that in the future many people will be open minded as other people that know bitcoin in the early. For the one that don't know what is bitcoin maybe that is the problem they think bitcoin is like game chip, but most of the people that I introduced to already know what is bitcoin and they choose not to used it, because they think bitcoin is a terrorist and criminal coin that used for buying illegal things and money laundry and they can go to jail because using it, whatever I explained seems like useless, they prefer to listen to the news that only say bad things about cryptocurrencies |
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Its not already a new thing for me but for those newbies out there for sure they dont have enough knowledge to trace this kind of doings on which most new coins or altcoins as of todays are just total crap or trash. Thats why investing on them especially on ICO will somehow hesitates me to put up money because of these circumstances but when i saw a coin which really do have the potential and roadmaps thats the time i will put my money on.
Most altcoins now in the market are just total garbage and most of them are in Yobit website which are sleeping and dumping all themselves on that place.Its not really a shocking news related to this alts but there are some altcoin as of today who remains strong inspite of having previous issues like on ETH ETC.You could able to determin which coin is good and garbage if you do proper research. i gave up on researching about altcoins some time ago when i started to realize everything you read is a lie and a hype or at least most of what you read is like that. this means when you for example read the announcement topic of the altcoins or read some of the speculation topics, you and then come back to what you read after some time has passed you realize why they were saying that particular thing at that time. it is all a scheme to make the altcoin look good and then pump it while it is hot and dump while people are caught up in the hype. Yeah sometimes the new alt coin seem to have a full promises, i had been fooled once by becoming the early investor end up the coin is almost worth to nothing, I think the new developer only look for a way to attract investor without being really develop the coin into a better coin, and it get worse by the news of new alt coin developer scammer |
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I prefer to do bitcoin trading because I am more familiar to it, I know where to get my updated news, what I should notice and what kind of rumour that can change bitcoin price, and beside of that, Forex need quite amount of money and it is difficult fro me to deposit and withdrawal my money and I have been trading bitcoin for almost a year, so I am quite comfortable with bitcoin trading
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Here is the story: My dad just found out that I am storing bitcoin and he try to prevent me from using this crypto. This is absolutely the worst situation I have ever had since I started used Bitcoin. I am living in the country which bad guys abuse Bitcoin for illegal activities. Therefore, most of the people here who do not have a proper knowledge about bitcoin believe bitcoin as a stupid, dummy coin or even MLM. My dad is one of them. Any solution to solve this problem ? It is quite hard though because I am still a teenager so it is extremely difficult to persuade him
Thanks in advance
It will be difficult to convince older man to accepting bitcoin and seems like your dad more believe to the news rather than you, it is reasonable that your father forbid you to used bitcoin because he afraid you will used it for bad and illegal things, for your case i suggest to find a correct time and try to explained to your dad that bitcoin can be used for good deeds, you can tell him that everything can be used for bad and good things, it depends on how you used it, a knife can be used for cooking and can be used for killing it depends on the user, if your father still not accepted it, then you can secretly keep your bitcoin, as long as you don't used it for bad things i think it will be okay |
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