I know a lot of people have different reason why the love and embrace bitcoin. For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
Everything contained in Bitcoin is very impressive to me, especially the very high value that makes everyone interested, but it is also the use of Bitcoin is relatively easy so that can be used by everyone. the most impressive yet again is the Bitcoin technology that can benefit everyone who uses it.
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It is obvious that in every industry or businesses out there that when the demand is low the the value of the supply also goes down, the law of supply and demand. If people stopped buying Bitcoin of course it will reach its rock bottom value and won't be able to operate anymore unless people make involvement with it again. But, with the rave and hype Bitcoin receives today, I think its not yet possible for it to die and disappear unless the government would do something about it though.
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I think the most profitable coin in the world in these days is bitcoin only, because the price of bitcoin is growing more and more and so is the profit. There are many other coins in the market available for sale but the people trust more on bitcoin. Everyone who invests his money wants a quick reward of his investment and for that he will have to buy bitcoin because other coins are very slow in progress.
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I don't believe anyone want to make loses in investment, but lost is another outcome in investment just like profit. As investor set up a percentage of profit margin so also there is for him or her to up a percentage of lost. In other words you need to set your take profit and stop lose. So when the market moves in your favour to your take profit, don't be greedy to wait thinking it will continue to move in your favour and vice-vercer. Money management is very key in managing loses.
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Everything is used by criminals, not just Bitcoin. For sure, the great majority of the criminals are using fiat. The more dangerous ones are definitely using fiat. They are the ones who are wearing suits and are occupying high positions in the governments of different countries and in the top executive positions of various international companies. In the low level, even scissors and frying pans and pins are used by criminals as well.
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
We can only say that it is the new era of currency once it passed certain standards as governed by banks in different areas of jurisdiction. Thus, it needs to be centralized so as to conform to both local and international currency standards. To date, Bitcoin has been used to buy goods in some areas. Hence, I guess it will be not far too long for it to be accepted as a form of payment in more jurisdictions.
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
Bitcoin is no doubt going through some tough times now, but be that as it may, it already made its impact at revolutionizing money. It is a pioneer and nothing takes that away from it. The future of money simply rests on the foundation Bitcoin has laid and one of the non-negotiable features is that, it is our money after all and we decide where, when and what to spend it on.
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The Site's design is classic and Unique and yeah it has some similarities with Wheel99.com but It's Green color makes it special. A Little Suggestions from me. -Add Custom Usernames and Avatars -Add More Games -Be specific with your currency(as Satoshis or BTC) Then You Gonna rock the Crypto world
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Yes there is a chance that it will become the future of money. But in my side of opinion I would rather to choose Bitcoin as great investment assets compare to become a one world currency. Because if that happen bitcoin will no longer be different in ordinary currency by each country. This only my thoughts and speculation. And I respect what you are believing into bitcoin, although I'm also a bitcoin enthusiast.
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Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.
Bitcoin is a currency not a magic stick that will eliminate unemployment. World`s strongest currency even failed to eliminate unemployment from last 100 years. It is not the job of any currency to eliminate poverty or unemployment. Its the duty of the government, by starting job generating projects. Bitcoin is helping indirectly to generate employment. Bitcoin is a digital currency stored in bitcoin wallets. So persons having knowledge of digital technology can work in bitcoin exchanges. People can earn addition income from doing signature campaiging work for bitcoin.
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I recently bought a Ledger Nano hardware wallet on which I stored the majority of my Bitcoins. On my Android phone I have about 0.5 BTC stored and a little on Poloniex, which I use for altcoin trading to increase my total volume of Bitcoins
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Trading is good thing to earn profit in a short time and if you want to do trading then only few points you should keep on your mind that always buy coins in a cheap price and sell them in a profit price and if you have no profit price from your coins then better to hold them for a while. But these coins as you mention in this thread all are good and profitable you should trade with them.
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1. Gambling - i hate gambling everytime i play i lose i think i have a bad luck and 10% chance of winning and 90% chance of winning everytime i double my bitcoin i get busted always 2. Tradings - i love trading , trading my bitcoin into other coins it helps my bitcoin to grow fast 3. Hyips - Ponzi Scheme And risky - ponzi is too risky you don't know if tomorrow the site will be die and run your btc 4. Crown funding - earn by Gh and ph - i am a bit sure with this because i already get my roi which i started to invest last two months
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With the price starting to creep up again do you think it's a good time to start selling some of my investments or do you think it's worth holding on for a while longer?
We all know how temperamental the market can be but do you think this is just a short term spike?
If you have made no profit yet it might be a good ponit to do that now. In case the price drops back later you can always look back knowing that you have made at least some profit. That lowers the impulse to sell when in situations when it better should not be done. I think that small cash outs reduce the predeposition for panic selling. In case you have already made profit, I like to encourage the people for holding.
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There are several reasons why bitcoin loses its popularity. First of all, these are the accumulated shortcomings in regard to long-term transactions and high commission fees. Because of this, bitcoin partially became unusable as a means of payment and some investors lost interest in it and switched to altcoins. Another reason that bitcoin began to lose its popularity is that during December's sharp rise in price, bitcoin proved to be a financial bubble that grew in price only due to the growth of speculative demand for it. This showed that bitcoin can also start to be blown abruptly in price, just as it quickly grew in value.
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It's not too late for more changes to identity bitcoins and join campaign ,many more campaign need to be taken care of and every members of the team here.most of all you can join investment cryptocurrwncies and all the other bitcoins that you can earn .it is important that you don't lose it should be wise ,be aware of everything that we should look for and with that we are investing in.if you want to have a business day to spend money and invest for our life soon..
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Actually my professor talks about bitcoin, even though it has no connection to the subject he's teaching us. I was the only one in class who knows about bitcoin, and no one dares to ask about it. Why? Base on my observation my classmates was not interested to it cause they don't know how bitcoin works. Aside from that, they belive in our countries currency and they are satisfied to it. Besisdes, their foucs is to study well so i think teaching it to college won't help.
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actually it would be better if you use both. surely the profits will be doubled right? but of course there is a provision that must be met. when you do trade you are in demand to be skilled, good at reading the market, and have a lot of knowledge about crypto. if you also still have a lot of capital it might also be better to have an investment. but you also have to be smart to choose which investments are legit and profitable
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I think Litecoin was bound to hit it's cost true cost of mining just as Bitcoin hit it's cost of mining. I can't see Litecoin not existing anytime soon and gets a lot of use, in fact people should use Litecoin some more as it adds more fluidity to the market.
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It does not loses its popularity it just happened that this time a lot of people are enjoying their profit and had withdrawn some of their holdings and it is just a normal thing, we should be able to see this after a huge break that happened last year. Not meeting our high expectation does not mean it is dying it is just making a rest after a big break.
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