Bitcoin would die if there would be some technology making it obsolete or some other altcoin that is so superior that takes place of btc. I dont see any way that Bitcoin can die.
maybe that was the reason the most reasonable bitcoin replaced by cryptocurrency better technology and beyond bitcoin. users would be interested in something nicer maybe it's one of the reasons |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
You should try hashnest.com.  Many users are making profit. If hashnest.com is really profitable can you show us some proof that are earning that type of cloud mining sites. Because I'm a kind of person who had a belief of to see is to believe, in short evidence first before I join with you. Honestly, I don't trust any cloud mining though I'm not saying all of it. although hashnest been reliable and has been running a number of years but the risk will inevitably be small though especially mining does not have a great future. you have to consider it |
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i don't think that Bitcoin will be used by almost everyone in 2022 or in 2030 , it's not about when ! but it's about how bitcoin will be Knowed from almost of people ! the problem that bitcoin have many obstacle ,and most of people who use bitcoin now are younger , the oldest people don't know what means bitcoin or what is it or how they use it !
I think bitcoin will spread naturally. either by word of mouth, or they find bitcoin on the television, or the media or the internet. bitcoin fact continues to spread but I agree that it is impossible bitcoin will have everyone user in 2022 |
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I used to be able to invest all their savings in one project. But then I realized that this is not the right strategy. This may lead to loss of all at once. That is why today I break your investment capital into parts and invest in a lot of different projects
it is the right strategy for the investment see investment have risk. so it would be nice if you divide it into some other investments so that when one investment fall you still have other investments |
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You can do a lot with bitcoin, but its depends in your country
In my country some a place accepted bitcoin for the payment. You can use bitcoin for an investment, trading and buy a product via online shop.
yeah because the country also affected there are some countries that form the basis for bitcoin and many in the country who have received bitcoin for payment options so you will be easier to use your bitcoin |
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I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  to be the site of faucets famous and profitable you need to get a lot of visitors and to get it you have to make your site known. Of course you have to work hard doing promotions, etc. |
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Only the big whales of 10.000 BTC would be able to have an impact on the price, and even then, it would be minimum.
We saw hundred of thousands of BTC stolen from Bitfinex and we saw a flash crash and we are already recovering. The amount of money you would need is simply too damn high.
IMHO whales holding 10.000 BTC are not fond of dumping coins because the believe bitcoins potential has not yet reached, unless the carried out a coordinated dumping to manipulate prices. Having the number of coins is very easy to influence the market and do so competently to direct at low prices could buy more bitcoin. More demands and it will very difficult to manipulate the price of bitcoin. but it depend on the situation of the bitcoin market. if he dump on the bearish trend and it will give him more. I think when more users are then demand or supply will be increasingly difficult in manipulation. because not all users will follow the strategy that you implement. then the future price of bitcoin it will be difficult in manipulation |
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basically the only way I think they would accept bitcoin is if they make a profit on it
but if governments adopt or accept bitcoin. it is in getting the government it is just a loss because the course will be drastically reduced tax revenues because many of them would have to hide their treasures in bitcoin |
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My child is in any case already know what I stammered and what is bitcoin in general. While his education makes it impossible to realize the entire concept of bitcoin, but the essence of it is already caught and will soon join me with.
to understand the concept of bitcoin of course he will not know. probably just made them dizzy. perhaps they will know just the basis of bitcoin, like bitcoin is as currencies or commoditie |
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Yes I should believe in fiat because it has more to do with my life specially in financial support of our daily living and fiat is very important in exchanging bitcoin digital currency to fiat cash currency. Without fiat you cannot spend your bitcoin on local purchases of goods special at wet markets accepting cash. Those reasons make strong foundation of my belief of fiat aside from bitcoin which has also more advantages nowadays.
I thought it was a necessity to believe in fiat so did believe in bitcoin. because you also live from bitcoit right> work and earn income from bitcoin. so i think you should believe in bitcoin |
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I just used paypal to withdraw money from my atm card where i get $1500 dollars to it and now i use that for my needs and financial problem how they say paypal is scam? If you do illegal ofcourse they will locked up your account and will ask you some question and will ask also for some documents might be needed.
Sometimes I feel confused with speculation of various users? it is clear that paypal is still legit I recently bought goods with paypal and it's still current paypal is still legit and easy to wear. Do not spread the hoax |
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Currently I would suggest that part of money should be allocated to Bitcoin as the price is continuously rising and may rise further as well
It seems to me that the price is very high. And if you buy the coin now, they can get cheaper in the near future. It is better to wait until the end of March I also agree with you a little bit. better calm and wait for the price to come down a bit more. because I think the current price is too high for my budget. so I'll more calm and wait for lower prices and then buy |
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Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..
totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected I think the investment function only as an extra income. not for the main income? If you already have a primary job which gives a very large income. I thought you did not need investment? |
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Some do say when they have invest early enough they've made a profit as little as they maybe before the ponzi closes it's doors and shuts down for the cycle.
but there are also many hyip or MLM scam in a short time so that even if you joined in the beginning even though you will still lose because not get the ROI. all of it depends on luck |
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When are are preferring on this month of march then its possible if the increase movement would continue and we are almost actually on the price of gold but comparing between two prices doesnt really matter at all but the thing which is great that bitcoin surpasses already the value of gold.
but although the price of bitcoin show continuing rise again until this month. but in March this impossible bitcoin prices will reach $ 2,000. it is a crazy rise if it really happened |
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No bitcoin would never overcome paypal .both of them have different roles and it will run side by side. The process of bitcoins is that people buy through paypal but as stated before also that there are too many scammers out there and u need to be careful.
I think bitcoin and paypal can compete for the part payment option. bitcoin and also at the same paypal payment option. so I think both are equally competitive. |
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Any advice in BTC security problem? If I have large amount of BTC in my address I would be afraid hacking disasters.
I think you just need to add authentication in the wallet that you use it really very safe. for 3 years I use bitcoin and put authentication in the wallet. during that time I have never hacked or stolen |
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IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.
This is a nightmare to any State
of course this will kill all currencies and payment methods out there. That's why if many people and thir party. want to drop bitcoin. because they feel threatened by the bitcoin |
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There's a lot of reasons why people prefer to use the btc over fiat.
I think one of their reason why they stick to btc, its because btc has a lot of great features than the fiat and its also much more profitable than the fiat.
Profitable? there is high risk of losing money too I think most user prefer bitcoin for because it cost less to send money and you don't have to pay taxes for transaction made using bitcoin. if you have the wealth and income in the real world. of course everything you earn and your riches such as cars and motorcycles will be taxed. whereas regardless of the wealth in the bitcoin will not be taxed |
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Do you mean directly i think no because many people don't know about it. So we need to deposit it online through my local wallet. But i read it in some articles about bank accept bitcoin. In nigeria news i read it that bitcoin there are so important they some banks accept it.
I do not know for sure about the news. but if it really happened. Nigeria will be the first country where their country banks accept bitcoin? I hope it will soon spread to other countries |
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