Bitcoin price volatility is caused by the fact that it has not yet reached its true stable price, and I have no doubt that its price will continue to grow in leaps and bounds every year for many decades. This is not surprising for a currency that may one day replace all other existing currencies in the world because most of the useful uses for bitcoin have not yet been invented. After all, we all understand that a means of accumulation is far from its only role.
Bitcoin still has a high volatility because the demand and supply must move so that bitcoin users and traders may earn because if it has a stable value, it will be like a local currency and we wont be able to earn big amount of money with that so we must take our chance while the bitcoin still doesn't have a stable price. It's value may not be perfectly stable and might move but not too much like other local currency and it will force us to find another unstable coin to trade. |
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snip..
fortunately I live in an country that is a food producer, so prices tend to be normal even in this "PANDEMIC" period. Usually, countries that experience an increase in food prices in this "PANDEMIC" period are countries that are not food producers (wheat, rice, etc). I think the government in your country should pay more attention to this problem because it is certainly affecting people's finances in the midst of this crisis. I hope the increase in the price of foodstuffs in your country has subsided because at this time countries have re-activated exports and imports as usual.. This is a good point, for the most part countries have concentrated on being as cost effective as possible and if another country can produce food for a cheaper price then they will buy that food instead of trying to push forward their own internal economy, they do this because it is easier and less costly, but this only works when everything is fine, when things change like it is the case during this pandemic countries will try to protect their own population and if for that they need to cut the supply of food to another country they will do so. So I hope governments have learned a lesson and that they at least need to have the ability to supply food to their own population if they do not want the possibility of seeing riots on the streets. There are really some countries that has a double price food because of this corona virus pandemic that causes some agricultural fields to stop working but we have to survive it. There are some peoples who lost their job due to community quarantine but i think this is not a reason to stop living your life. I manage to promote bitcoin trading here in our town because i know that other peoples also needs to have income or else they will die on hunger. I let them study about bitcoin first and now they have a good performance on bitcoin trading and can earn a big amount of money. |
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In buying and selling coins, apart from paying attention to market conditions and internal and external factors, we also really need patience and strong confidence in determining the coins we buy.
I think its only happen when you buy the top rank coin .I think that this selection way of trading can increase our profit ratio .It also makes secured platform to invest .If it happen loss there, easily can get profit from other coin.So we should choose the top rank coin to trade . Sometimes there are many people who don't understand the trading market, only see a price that goes down to buy a coin but don't see the information first or for example a coin that has gone up and is in a downtrend or downtrend and then the coin will delete on the exchange and the coin is scam We should take care of choosing coins that we are going to use first because even if we have a good background on trading and has a big investment, if the coin we manage to choose is a scam it will only end up in one thing and that is failure. Bitcoin still has the highest price on all coins but we cannot say that it is the best because the performance of one coin is not stable and it takes time to have a good performance. We also need to be a good observer so that we can easily analyze the pattern that bitcoin price is showing. If you manage to analyze it then you will surely earn a lot. Last but not the least, you should learn first and if you learn about anything you can remove the letter L so that you may earn. |
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Bitcoin is the greatest crypto of all time. Most of the crypto users trust it. Currently, in this pandemic, I am really leaving my life on the income from bitcoin trading and other income sources in this forum. Like managing bounties, participating in bounties, joining signature campaigns. Besides these, there is much more income sources you can earn with bitcoin. Really bitcoin is a good investment for me right now. You just need to do proper guide and research.
Very interesting explanation. besides that, bitcoin is a very valuable innovation in today's technological developments. By combining technological advances and a modern financial system, making bitcoin is a really good choice as a side income source. In fact, many people use bitcoin as their main source of income, but with a considerable risk due to high volatility, this needs to be balanced with other businesses in the real world or other more stable investments. There are many ways that you can do to get income from bitcoin, such as trading, mining, and the current trend is farming. we just need to learn more and understand market trends. of course, we must prepare ourselves with all the risks. Just like any other businesses, bitcoin also needs an investment and you will earn depends on how much money and effort you exerted on it. If you lack of courage to take the risk of entering bitcoin then you won't be having a chance to earn a big amount of money. If you are lacking courage then it is better for you to observe the pattern of bitcoin price because you will suddenly realize that bitcoin is not a waste to invest when you manage to observe its price's pattern. Maybe it is having a hardtime but it will turn out good at the end of the day just like any other businesses. |
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:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"  Its not like it still needs approving or legalizing. Bitcoin is good the way it is since its already being used Internationally but it is still possible for a country to pursue the utilization of Bitcoin into further applications. All we can do is support it and watch how it will go. Keep HODLing!! We cannot just watch it to grow itself because it really needs our help. The most basic thing we can do to help bitcoin to grow is to promote it to our friends and families and if your friends manage to promote it to his friends then the bitcoin community will be bigger and the chance of being approved by the country will surely get higher. I don't know about bitcoin few years ago but my friend just promoted it to me and he explained me bitcoin well and how it will change my life. |
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Bitcoin and ethereum are entirely different by the way it's been developed. Till date the growth pattern of ethereum takes place following bitcoin. This marks the dependence of ethereum on bitcoin, whereas with bitcoin the entire set of altcoins is an value addition to the cryptocurrency market. Ethereum as a platform had contributed big to the cryptocurrency market with its increased access for development of more number of applications.
i really dont care much of the techical aspects. important is: transactions speed and fees. and very important thing: is liqutity. security. but here i still dont get answer to my question the topic was started about what is the bitcoin use case compare to eth. You should start to care for it because a wise choice may help you to become rich in a short time but we don't need to compare between ethereum and bitcoin because these two has a different advantages and disadvantages and has their own time to go up and go down. If we manage to predict those two and manage to use it both then it will surely help us to get rich in no time. Having a multiple business may give you a bigger chance to success but you will also be having a bigger chance to fail. If you really want to be a successful businessman then you should take risk. |
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Well, that is the reason why they should really put thought on what they will do. Bitcoin is known for its volatility, that is the reason why before they invest in it, they should know the possible outcomes of it. We didn't invest in this because we immediately wanted to become rich or wealthy, and we can't do anything about the price dumps since for me that is also timing for reinvestments and new investors to put their money in it.
Every business man must posses many different characteristics and one of these characters is the risk taking. If one business man cannot tak the risk then he/she wouldn't be having a chance to earn a bit amount of money. All we need to do is to trust ourselves and trust bitcoin because even if we try it and we don't have trust with ourselves and on Bitcoin, we will end up having a trouble and out money will Tues into waste. Since the past few years proves that Bitcoin is moving forward then we can trust our money to Bitcoin so that it may give us a lot of income. |
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Being a good bitcoin user is not a problem but being addicted to it is not a good idea. Even if we say that you are helping the bitcoin community, having a good income for your family if you didn't manage to maintain the healthiness of your mind, all of your hardwork will be nothing. We also need rest so that we can maintain our healthiness. If someone who has a big contribution to bitcoin community gone mad, it will be having an effect to the whole community specially when you are already a whale. |
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It's not so much a deal but I think this should be here. Bitcoin price calendar stamp in month of October.
2010: $0.06
2011: $5
2012: $12
2013: $127
2014: $383
2015: $238
2016: $614
2017: $4388
2018: $6579
2019: $8317
2020: $10,832
It's noticeable how in 2017 skyrocketed the price of bitcoin, that's when I entered the cryptospace and discovered this forum, I was able to ride the hype the pre pump in September 2017, that was a blast.
Seeing the prices of bitcoin through years makes me think of Moore's law, you can check it out in google though it was not really doubling the price every year. Is a new law possible for the price of bitcoin like Moore's law?
We cannot really predict what will be the price for the next 10 years. As you can see, the only pattern we may see here is the increasing of its price but there are no patterns of having the same ratio because the price increase may also get lower and may get higher every year. Even if we don't know what will be the price for the next 10 years, it is better if we manage to invest on bitcoin now because the price will surely go higher. I really regret that I set aside bitcoin. I know about bitcoin wayback 2013 but i doubted it and i think it will just end up having a problem but know i proves me wrong. |
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FREE advice for exchanges to make crypto trading easier
It is a FREE advice for exchanges to make crypto trading easier, I just noticed that people get confused because they do not understand bitcoin, Many newbies get confused when they see the cryptocurrency price in usd or btc because USD and BTC are not their local currencies, furthermore there is a trading fee applied to each trade thats why they many time lose money during trade because most of their profit deducted by trading fee. The easiest way to offer them a better fix is that that crypto exchanges must show the current token/coin price in their local currency and also show them that how much money or trading fee will be charged from them in their local currencies, if that happens then many newbies will welcome bitcoin trading and most of them will not lose most of their trades. They know that trading is a thing which need to be learned first but if this technique applied by the exchanges then most of the people will avoid their hesitation to join crytptocurrency trading.
There is a lot of people that is entering crypto trading now maybe because of the corona virus that makes them cannot go outside of their house. What ever is the reason, it is a good thing because the demand of every crypto currency will surely go higher and higher every time one user manage to buy. If this continues to happen, the crypto world will surely get bigger and might occur the mass adoption that all of us are waiting. But before all of that, all of us need to have enough knowledge to trade successfully so that no one will get disappointed that they only waste their money. |
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Bitcoin Not User Friendly Yet
Hello everyone. For all of us who are very pro Bitcoin and other crypto.
We all look to the day that more people use it and accept it as daily use.
However we are far from that. One thing that I am finding is Bitcoin is still not user friendly enough.
Many people even who are young like 25 and under and even over 25 etc. Are not tech knowledge or financial educated enough to understand.
I am thinking that even the apps out there are still confusing for people to use.
Sure many people may own a mobile phone but many do not understand how they work.
Therefore many people do not understand Bitcoin and seems too complicated still.
What are 5 things you think are needed to make Bitcoin more easy for people to use.
More less they can use and move Bitcoin without really being mindful of what they are doing in a transaction.
Thoughts
Maybe bitcoin is not getting user friendly or beginner friendly because if you have no perseverance as a businessman/woman then you are just going to waste yourtime with it and it will only make you spend money for nothing because bitcoin is not a playground where anyone can enter since it is very complicated and you have to be a better trader or holder if you want to survive. Every businessman/woman has a characteristics of having a long patience. |
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Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
Bitcoin is really moving forward and we can see that when we realize that the prize of bitcoin is just 220 US dollars way back 2013 and that is the time i started bitcoin. I doubted on bitcoin and stop to use it because i think that i have to stop using it because i thought i am just putting my money into a waste but it was a big mistake because i missed a chance to earn a lot of money. What i mean is just to believe in bitcoin and it will give you a chance to earn a bunch of money. |
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:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly" We cannot easily say that because there is a lot of companies that took long time to get succeed and it is like bitcoin that will make a good performance if the number of users gets high since the demand will also get higher. If all of us is responsible enough to the point that we promote bitcoin to our friends and families then bitcoin will surely prove its success earlier. Just like on one article i already read " https://www.entrepreneur.com/article/272710". Those who works on the company just promotes the product and make the demand higher and after that, they prove their worth. |
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Peoples wont take their bitcoin just to buy corona vaccine if they are really a good business man/woman and they will think first before they do anything like that because they might loose a chance to earn a bunch of bitcoin if they plan to sell their bitcoin and that earning might be able to buy a vaccine itself since the price of vaccine is not that expensive. We don't need to worry about the crash due to release of corona vaccine because every wise business man/woman won't let anything to destroy the bitcoin. https://www.healthline.com/health-news/how-much-will-you-pay-for-a-covid-19-vaccine-heres-what-we-know |
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I do notice that some people naturally don’t allow bitcoin in any of their daily transactions even when it faster and easier, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. Now how come we make bitcoin come to people.
Because Cryptocurrency is a high-risk investment that some other Transaction did not allow bitcoin and they still use the Regular basis of paying Bills and other needs. Is like a person that you cant please everybody. and i looking forward to the future to make Bitcoin become a Game Changer in the Industry |
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Right now I would like to give you a warning don't entertain those shitcoin because most of them are not become successful as the bitcoin but we cannot avoid them to create a lot of coin.
But if you want to support them go a head we will not stop you but again right now we are giving you our statement and opinions to avoid them and also save your money.
If you think at the first place its scam please avoid.
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I think this kind of issue are already common right now on the internet mostly on YouTube even in Instagram too there are live videos.
I think it's better if you immediately report the channel and also avoid to entertain this kind of live videos because most of the time all they want is just to gain more viewers so they can reach out a lot of beginners on investment to join them.
No one will give a free money because you join them. Learn from the mistake of other people.
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Today I think no one will believe to a safe bet on gambling because if you are playing gambling it's full of risk it depends on you how you lessen the risk but you cannot avoid losing your wage.
In sports betting if you don't want to lose you need to have a deep knowledge how does it comes if you are confident to your team or not. Wage or doubt it's all of your choice better make sure to earn or to play safe.
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If you want to play gambling you does not need to consider the license because it's just proof of you can operate your business. There are a lot of gambling places right there goes operate without any kind of license. Some of the gamblers doesn't need that they need is to have a safe gambling house or place which are secured and already reputable to avoid them getting caught in case.
If we're you choose your best gambling places.
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~snip~
That is one part of the solution for betting in sports. The problem is how do you plan a strategy that continually profits, for me the better way to profit would be betting small amount in all the games, the risk is too high for betting large for a few games. The downside of the former is that you will have to analyze every team and I think if you are not a full time betting enthusiast, that will be taxing. The latter narrows the accumulation of information which is enticing. In the end, the choice is yours and we all just voice our opinions about the upsides and downsides of the choices given. Planning a strategy with betting in a small amount will be better than using a big amount, especially if we don't have much data about the match. Using a small amount in all the games will save us one day because we can hold ourselves from the situations that may be happening in the match, which is out of what we analyze. But if you feel that the data you collect is more than enough and you feel that you have a chance to win, you can try to place a medium amount until a big amount. But you don't have to use it every time you bet because we can't always win in gambling. If you don't have idea about the things you will do I think it's not good to have this kind of bet into a large amount sometimes small profit is enough to earning, unless you really want to earn a large profit why not it's nothing wrong with this. Most of the if I'm got confident to my wages I always into a higher role to have higher chance of earning also always consider too the amount or calculation you could win like the odds if you think good why not if just fair small amount is enough. |
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