mining bitcoin used to be quite profitable because bitcoin is easily mined way back when bitcoin is just starting but right now it will now depends on your location. why? because some places, electric bill(most costly in the long run) is still cheap so if i were you calculate the investment for mining, if it's feasible then do so if not then maybe buy bitcoin instead, but why are you buying bitcoin? just for an investment or trading or gambling? for me just buying bitcoin and doing nothing is pretty boring but less risky so you choose
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naaah bitcoin is still on its early stage, but make sure to maximize your investment for bigger ROI (Return of investment) what I mean is buy if it is in dip to have greater profit well it is not instant to get profit , or a profit in one day (it may but not much) so take into consideration that this is also reality buy bitcoin when you feel that it's in dip
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I want to teach my child too but he's still on the future anyways siting an example is a good way of teaching a greenie but first you have to explain it how it works before he will do his research tell him that it is about money but over the internet (cryptocurrency) something like that define words first that are commonly used about bitcoin next is site uses of bitcoins so he can recognize and value it third is let him do his own research at some point he will ask questions, coz still he's in the stage of curiosity
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yep , social media is currently the most powerful advertising tool. Since almost everyone who have access in internet have social media account im not saying that it is a must but social media advertisements will help bitcoin grow and a huge mass of people will come and learn and adopt this currency in that way bitcoin will grow more than anyone can expect
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last year bitcoin reached 20k USD or almost if ever bitcoin reach 20k USD I will not be shocked because bitcoin is just repeating what it did well as for me I assume that bitcoin will reach more than 20,000 USD maybe 21000-25000$ at the end of the year not mid year but at the month of November to December well let us see what will happen im excited haha
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*curious not qurius try to check everything first buddy . . surely Russian community is huge when it comes to bitcoin in trading, bitcointalk (they support each other, strong bond) and even on gambling. they even have chat rooms on their own so I think Russian community is quite big or one of the biggest or even the biggest if you have been in online casino gambling try to check the chatrooms, there will always be a russian chatroom maybe because many users are russians but same as through with Indonesians and Filipinos but no basis or statistics who have the largest community
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believe what you want to believe, be influenced by people you want to influence you if you believe that then go on. it's your life anyways but for that is a complete rubbish, you generalized that 90%+ that all altcoins are scam? lol maybe you are talking about ICOs for my personal opinion bitcoin will not be the only one to survive in the future. Other alt coins too with strong team.
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I dont think facebook, twitter, google and instagram is banning advertisements of alt coins and bitcoin I think the only thing they will ban are the ICO advertisements. For your information, many ICOs turned to be a scam some people abuse other people by making ICO and will let them believe in false advertisements that will cause them to invest after the investment,if the scammers accumulated their desired money then they will run away that's why social media sites wants to ban those they're helping actually
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it depends on how you handle it, it may be a stress if the coin you're holding is stagnant, no ups and downs you will be super stressed about it, but if you can restrain yourself to check thw prices from time to time you might not be stressed about it. so my answer is definitely it depends about that person. find way to make yourself not be stressed when HODLing a coin
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the altcoins are registered in exchange sites, so if you noticed some of the exchange sites doesn't have some of the alt coins of the other trading sites, because the owner of those coins need to register on that coins with regards to your question some of the coins not really registered on trading sites or exchange sites are good, in order to identify check their platforms, is the finish products etc. I have read on how to lessen the risk of investing a crashing coin here. try to read okie ? good luck
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usually I get informations from forums and emails forums like bitcointalk, reddit, subscribed email and forum of online gambling casino sites most of the information on subscribed email are the ones I trust or I rely more since the persons who wrote those emails are big persons as far as I know you can get informations to social media sites too but uhmm to many scammy informations that will lead you astray
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that question is opinion based hmm so I guess for me bitcoin will hit 50000$ but not this year in the near future but not now, as of now bitcoin is struggling to regain its popularity, ever since strong alt coins popped out like mushroom bitcoin is having trouble when it comes to popularity and that's the reason that bitcoin will not hit 50000$ this year . but who knows no one expected that 4000$ to 20000$ last year time will dictate
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lol I think you just picked the wrong coins you dont trust altcoins anymore? haha then do not do trading or hold alt coins. haven't heard of those coins by the way or just the coins you picked are still starting so if I were you, have patience and wait for the right time no patience? then trading or holding alt coins is not for you
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as long as there's a profit when you're about to sell your btc holdings then it's fine remember that a profit is a profit so i guess if you buy bitcoin for example for 11k$ and you sold it to 12k$ then you got 1k USD profit what i mean is if you bought it in its dip days then that's nice, if you bought it in its stagnant price then it's nice also as long as bitcoin has still this potential to go up
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lol your English is not so good. Improve it buddy buy I fot your point so in this case do not force your idea or your perception to your friends vice versa, why? because it will just create a strife , explain things to him and try to change his perception but never ever force your idea to him in any case, it's for your friends who will decide after all. If you're right then it's his lost if you're wrong then he made a good call
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if you have been on trading then you noticed those first names on top, mostly those are the Coins who have good devs, well for general discussion I think bitcoin has the most powerful team why? it is because bitcoin remains on top no matter what negative and hoax reports or news that's been accused to bitcoin thanks to their dev team
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in economics, business, markets, etc if there is a demand supply will follow that means that as long as there are bitcoin lovers, investors, miners and people who keeps on spreading the news about bitcoin it will grow more and more and bitcoin price will never go into a stable mode, there wil always be a change of price from time to time, it may be going down or up or slight up or slight down crypto currency when it compares to physical money, C currency is more volatile than the currency we use know the difference
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from my point of view people will lost interest in Alt Coins first before bitcoin but for this topic if people will lose interest in it bitcoin then I will invest on Ethereum and other alt coins who have strong foundation like XRP, LTC and such Investing on those alt coins is less riskier for the reason that many investors as well as gambling sites use that currency so it is less likely that people will lose interest in it But oh well bitcoin will grow instead im telling you
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you know why Facebook, Google and now Twitter is banning ICO advertisements? Look at the good side of this "ban issue" , there are hundreds of ICOs that are scam. In that way scams are reduced. we know there are cons too but just try to understand the changes widen your eyesight.
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I do not now if that is a joke or not but if it is not then God made you crazy my friend Bitcoin did not reach the rock bottom for your information the huge jump last year November and December affected the mindset of people that bitcoin is going down. it is just returning to its orginal price with regards to you selling your house for bitcoin I think that's a big gamble. Bitcoin is volatile but maybe stable on price ranges so it might be a long road for you to wait for bitcoin to rise up again. think twice PS where do you plan to live now if you sell your house. sighh~
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