I have not even got a clue what you are talking about, how is bitcoin not mineable?
He talking about the future. There are only 21 million bitcoins that can ever be mined, Once all 21 million have been mined, there will never be any new bitcoins,the last bitcoin will be mined at 2140 thats a really long time to go to be honest and we shouldnt be worried about last bitcoins being mined in my opinion, sooner or later all bitcoins will be mined and we cannot avoid it i think bitcoin network will be huge then, more and more will get interest in bitcoins to be honest and a lot of people will use bitcoins every day, i hope that by then bitcoin will become a currency of the whole world |
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Tell them it could help them earning the money and then you can shop with this btc as well and purchase the stuff you want from sitting back home . This will delight them and start attracting to btc
though i doubt that it would get their attention to bitcoin, in my opinion they still wouldnt care about it as they could use fiat for shopping to be honest that would be even easier i think it is way better to tell them that with bitcoin you can do a lot of stuff that makes your life easier, besides that if you hold enough bitcoins you might become a rish person one day |
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Biggest problem? I don't have enough of it...i would love to have more and more bitcoins
to be honest there are some problems connected with bitcoins, even though i would like to get more bitcoins too , i have some problems connected with it to be honest my biggest problem with bitcoin is that i dont like waiting for confirmations on my deposit when i put some money in a gambling website or something like that, i think thats the biggest problem |
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Seems like we have a new pump going on! As the halving is becoming nearer and nearer it is possible to see the price going sky high.
it's not really a pump right now. as soon as the price hits $700 today, then it can be seen as some sort of a pump. we've seen the price go up $20-$40 before and then it went down again. let's give it some time to see where this goes. users here are so fast to jump to a conclusion here. with a small rise they call moon and with a tiny dip they call familiar and $200 lol right now it seems like a rise is shaping up but i think it is a little too soon to call it "moon" bitcoin price has continued increasing upwards rising by over 44% , sooner it will reach its peak price making handsome profits to users. I think it will take at least 6 to 12 months for the price to be over $1200 again. The price will not rise too fast. Yup and we can cannot expect $1200 price from halving as its difficult to achieve in next one week, maximum we may see the price of $800 at halving. of course halving will push the price significantly up, in my opinion after the halving 1200 price will be really small for sure, price will go up even more up i think bitcoin price is going up right now slowly but surely, because of that all the people who are holding their bitcoins can make a lot of money in the future so they invest even more |
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It will occur but not now, for reaching to there we will have to wait a few years more or a dozen of years.
well right now i think it is impossible for the price to reach such big heights, i think that such numbers are possible only in a few decades, that would earn me a lot of money in my opinion i will make some good money over time from bitcoins because it will definitely grow a lot, in this way it will give me a lot of possibilities to become rich person |
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the bottom is $500 at best and we can never see the good old days of cheap bitcoin in $400 and that is a missed opportunity. and soon this $600 will also be added to the history of prices never seen again for bitcoin.
Most users have quoted the same that bitcoin price won't go down of $500. In my view if the steep decrease from the value near $800 continued we might gone down to $500. Now the price has been getting stabilized around $680. For this reason we won't touch $400 anymore. Yeah $400 is not at all possible in coming days, even price will fall it will be around $500-550, nothing below then that and we can expect the price of $800 at halving. If the price drops below the $500 range, it could just limit to small exchanges. The price will come back soon. the price will surely not go under 500 dollars, now the smallest price of bitcoin is most probably something like 600 dollars, it will definitely not fall lower i think i hope that bitcoin is soon going to go up to a new all time high of around 2000 dollars, a lot of investors would benefit then and more people would be attracted |
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Absolutely, much awaited event is getting closer and closer now, now we need to have patience and just sit quietly and wait for the right to sell and earn profits.
I believe the bitcoin price will rise in long term. I do not have the ability to trade. I will hold them for long time. i dont have the ability to trade too, to be honest i dont actually need to trade any of my bitcoins at the moment because i thing that the price will go only up we are not down at the moment, and we are not going down right now, the price is showing that it will most probably grow a lot, i hope that it will reach the sky |
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I believe that the price of bitcoins will have many variations up and down. But soon run it will only grow. Just imagine, in 2010 a person bought a piece of pizza (it cost $ 25) and paid 10,000 bitcoins. This happened because the person did not believe that the currency would appreciate so much. I still see it today. Many people are getting rid of their currencies thinking already a good value. I even sold a number of bitcoins in 2013 thinking he had arrived at a very high value ($ 110).
The general price trend is up. There will be up and downs in between. So I will keep most of my coins. thats true, over time bitcoin price is going more and more up, i think it will have hhuge potential to reach a new all time high pretty soon, hopefully the price will be big in my opinion the price of the bitcoin will never go down, at least not any time soon because in my opinion the price of the bitcoin depends only on people who will buy a lot of it |
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I don't think kids can't grasp basic concepts to understand Bitcoin such as decentralization and a open sourced nature, no to mention p2p protocol.. etc. They can grasp the idea of money itself as a means to get stuff, but beyond that is too difficult to explain. They wouldn't get it, just like they wouldn't get how fractional reserve works, etc.
Depends on how do you present this information to a kid. You can leave out all unnecessary and complicated details; it's enough for a child to know just a very basis. If the kid is able to understand that fiat currencies are established and controlled by governments as the main store of value, then it'll be easy for him (or her) to understand the fact that some people decided to create their own money, indepented from governments, and empowered them with value too. I totally agree with you. Almost everything can be explained to a kid, you just need to choose the correct wording. i really doubt that, bitcoin is a kinda sophisticated technology, and to be honest it might be really hard for a child to understand it how it works and stuff like that i wouldnt even bother trying to explain everything about bitcoin to kids because in my opinion theres no need to do that, i would just tell them that it is online money like paypal |
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Buy bitcoin and hold bitcoin and never spend any and that's saving money.
though it is not such an easy thing to do in my opinion because there are a lot of stuff that you might use up your money, so in order to save your money you have to put a lot of effort into it i think in order to save your money you have to keep your bitcoins really safe, also you shouldnt gamble any of your funds or trade because this would bring you only losses |
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Not right now, price is so high.
Definitely today is not a the right time to buy bitcoin if you are thinking to invest 1 bitcoin and you don't have something to hold to. But if you already have bitcoin that you holds it is a very good thing to invest in a long term investment with that 1 btc. It is not like that you think bitcoins price is worth 650$ man ? not at all ! Note it in coming days or may be months you will see the price jumping from 600$ to 1500$ or maybe around that. Please buy now before it gets too late for buying. i think you might be right about that and i think it is a really great investment to buy one bitcoin at the moment because the price is surely going to jump a lot really fast i think if i were you i would definitely invest a lot of money into bitcoins right now, and hopefully make much more money than i put in right now, though anything might happen |
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Halving time is coming there are alitle time for that because it it is not too late to buy bitcoin especially tpday why ? today si bitcoin prise is good to buy for short time for long time because of it is good idea to buy bitcoin now.
yeah, bitcoin price is really great to buy right now i think because it is going to increase a lot in the near future, at least thats what i hope and i think that my prediction will be correct i think i will buy as much bitcoins as possible right now because in my opinion we will make some money out of the price growth that will soon happen when the halving will occur |
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The best investment strategy would still depend on the person, and how he puts to use those strategies that he has in mind. Risk appetite also plays a big role in determining what he is going to invest on. Most people would just go with minimal risk but with steady return, however small it is. Others would take bigger risks which in turn could potentially yield higher rewards.
It is correct that investing strategy depends on the person but I think the value of money that you want invest and your financial status plays a big role too. well yeah in my opinion it is better not to invest the money that you cannot afford losing because in that way you might lose the money that you need vitally i think that the best investment strategy is not to invest any of your bitcoins anywhere because the website might just turn to scam and then you wouldnt be able to make any money |
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The price has passed $500 and the price has almost reached $800 this year but it was not mend to be so the pirce dropped again somehwere around $600. I hope that the price can hit $800 this year because we were so close.
well the price is much lower at the moment than 800 dollars per bitcoin and it does not show any signs of recovering at the moment even though the halving is really near i think bitcoin price will not drop back to 500 dollars per bitcoin any time soon but i hope that the price will grow much more, people need to buy bitcoins right now if they want to make money |
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Wrong title. You should SELL now.
thats not true, if all people will start selling their bitcoins then the price would be dumped to really small prices thus there would be less investors in bitcoin and it would be bad for btc i think you should definitely buy your bitcoins at the moment in order to make some profit in the future, in this way you would be able to gain steady money if the price really grows |
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Bitcoin will never be stable. That's why i like it.
i think it is most probably impossible for bitcoin to be stable, all the time the price depends purely on people and nothing else, no governments can control the price of the bitcoin i think bitcoin will surely not be stable in 2020, though i think anything might happen, if bitcoin starts being a regulated currency then its price would most probably be really stable |
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Bitcoin is being dumped real hard. What do you think it is happening to cause such a downturn? Anything related to Ethereum, cause it keeps getting up...
Zoom out and look at the chart. It has, it is, and it will forever be like this. Each pump is followed by a dump. That's simply a good way to make money on crypto. I think the dump after the pump can give some people the opportunity to buy the bitcoin cheaply. It is good for them. thats true, dumps usually allow all people to top up their bitcoins and then hold it all for higher prices in my opinion thus you can make some good money out of such things bitcoin will soon start getting back to its previous prices in my opinion and people will jump back into buying all the bitcoins thus there will soon be one more huge pump i think |
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The Bitcoin price is now at around $630 it has dropped a bit since last week, I was really hoping for the price to go up and reach $800.
I would sell for that price but it did not happen so I will have to wait for the next time that the price is going to rise again.
You also should wait because the price is gonna rise to a even higher amount and due to that you should stay holding. It would really be worth it. I am doing the exact same thing. What we see today isn't the real price of bitcoin. The real price will be clear when bitcoin is mass adopted and implemented in our daily life. Just be glad we already still have a price to even talk about. I mean if anything its more of a scenario of "hey how much richer" talk always floating around. It can go high without mainstream needed depending on the worlds economics alone that forces countries to turn towards the alternative. If the bitcoin is developed properly in the next few decades, we will talk about bitcoin and its price during that time. the bitcoin will surely develop in the upcoming years in my opinion thus there will be a great chance for the price to go up and more investors and companies will be attracted bitcoin price is really stable at the moment as far as i can see people are holding their bitcoins and they will soon start buying as much bitcoins as possible, the upcoming weeks will be really interesting |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. well it depends on how much money you have and how much money you make out of your job, in my opinion its not that small of a sum because bitcoin price is going to be huge in the future i think its a really good thing to hold 1 bitcoin because in this way person who is holding will be able to make profit, also he is a bitcoins pioneer then as not a lot of people will have that much coins in the future |
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I think bitcoin can be an international currency, but for now, it's still hard for bitcoin because there are still many things that bitcoin need complete first, like having a physical unit like paper money for bitcoin.
thats true, it will always be hard for bitcoin to become something really big because then people will have to use bitcoins really regularly what is hard to achieve i think we need to have way more shops with bitcoins and we need to make people be able to spend their bitcoins in order to pay their housing fees or something like that |
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