I use Electrum. It is light weight and I don't have to worry about retrieving my bitcoins if my computer crashes.  I think the desktop wallet is a wallet safest because you do not depend on a third party and you are fully responsible for your bitcoin. you should have a backup and a private key to keeping your bitcoin when something happens to your computer |
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Only reason to use a 'Bitcoin Bank' is for the security of your funds, there will always be people who need or want this.
I actually think the risk of losing your bitcoin will be even greater when you save your bitcoin into bitcoin bank. because they are a third party of course they could be scam anytime, it's better to use the wallet |
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I do not recommend to invest your Bitcoins or a part of it in some hyip sites,where is promised to double your Bitcoins in a couple of hours or in a short period of time.You can do some trading if you have experience,but I think it is better to store your Bitcoins in your wallet,that is the best investment.You will make some good profit on your Bitcoins in the future,when Bitcoins value will be doubled,because as we can see Bitcoins price gets higher and higher year by year.
but trade requires more skill dude, if you do not have the skills, its same as you would get a defeat and also losses. if using hyip it takes courage and luck |
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I told your friends about Bitcoin and parents, but no one believes him, thinking that this is an unnecessary dummy
maybe they're not too concerned about the function bitcoin what you say, or do you give him only a bitcoin just a currency. so that they are not interested in bitcoin? |
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We must learned how to take a risk in very investment that we take,likewise never put up on things that you were unsure of it.Find resources that are very useful and can be competitive of everything that makes a good source of money,never invest on something that in return that are not very useful.
it is a good strategy because by investing in something that is useful and popular. certainly demand for that product will always be there and the profits will always be maintained, then your profits will also continue to flow |
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When bitcoin price hits 10,000$, Perhaps we will not use traditional currency (cash).
Untill that time, we will be using smart devices to pay everything with bitcoin.
certainly before the price it happen. of course something happens. like all financial systems or digital-based online so demand bitcoin great shot that time, which makes the bitcoin currency that is widely used. and make bitcoin prices to be very high |
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It is better to invest money than to save it,in investing there are chances that it will double your capital or even more than what you expected.Likewise use your greater sense of competitiveness so that you have your motivation and eager to put up on things that you are really interested to make a greener way of making money.
The chance of losing money while investing is very high so please consider it before start making any investment. If you can afford to lose, investing can be very very potential. And it will absolutely better if you have some basic skill and knowledge about the world ecosystem and market. However, I prefer saving money True investment risk. and every investment has a different risk. and it might make you lose money. so choose investments that suit your limits. and do not forget to save money on investment was also important |
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These two are esssentials for making a succesful business and to have a better life. If you invest and profit what will you onbyour profit? Invest it again and again?,thats why investing is always partnered by saving.
If i had enough money to do business why i should to invest again? Taking risk at first try is actually good but we didnt know what will happen next if you will keep on investing you can say you will get essential profits but if you do business like planting rice and resell it is a good way to save money. making the business much more complicated than just investment. you need and prepare a lot of things to make a business, and certainly should be a larger capital. but to the profit would be greater when doing business |
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Advice, tips, speculation please.
I am not a fan of investing, so i can't recommend you exactly where to invest your bitcoins, but i can warm you to never invest in gambling and loaning sites, as they are very risky, and often investors even lose all of their invested bitcoins. So whatever you'll do don't invest there. What i can advice is to keep these bitcoins for now and wait till their price will rise, as this way you are guaranteed to get profit, if you wait long enough I think there is already good reviews in investing in gambling casino like in betking that they are making a godo profit every month.. But we know that it is risky but there is no investment that there is no risk.. much safier stay hold your bitcoin and wait for the price increase just like now we are getting the benefits of the price increase and i think better to stay in that way so that you can not risk more because only price movement is their enemy while they are holding bitcoins.. to me i think 12 bitcoin is really a good money, i think you should try to start trading with it because i think trading is one of the most good way of making money. trading has a high risk if you do not have the skills to analyze market prices. moreover you have a very large bitcoin dude. it would be better if you hold your bitcoin. it will remain profitable and certainly more secure |
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Bitcoin will be popular for a very long time ,but it will not be a glocal currency and usd other currencies will not be banned because of bitcoins .i think the main reason for it is the limitations in bitcoins .thank you.
bitcoin become a global currency will not make usd disappear. for usd is have the United States. while global currency can be used anywhere and I'm sure it will be reach by bitcoin |
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i think bitcoin have do not tax because bitcoin is not approved by any government and but i think one day we will be pay bitcoin tax and i hope that all government will be adopt the bitcoin because nowadays bitcoin is very much popular and acceptable in anywhere for online shopping.
I think bitcoin even though the government adopted in the future. then the tax system for bitcoin could never be enforced, as you can see that bitcoin anonymous, how to impose a tax to users bitcoin? |
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This is already possible for a very long time and I think its not good but we can also not do anything about it in a short term to be honest.
actually since bitcoin launched you can do anything you want to do, including buying drugs. without any hindrance from anyone because bitcoin anonymous and decentralized so I think it would be safe |
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I hope the time has come for getting rich with Bitcoins as we can see the Bitcoin price rising high.Now, instead of investing Bitcoins in Altcoins, it would be better to just hold Bitcoins in your wallet for getting rich.
in fact if you want to continue to collect bitcoin as much as possible until the next few years may be up to 5 years in the future, I'm sure you'll be rich. because bitcoin prices would be very high and on the other hand you already have a lot of bitcoin in your wallet Yeah as long as he will keep on collecting bitcoins for 5 years. And it is better if you are going to have many source of income then it is possible to make our dream in bitcoin to become rich. Trading of altcoins is going to be a good way and it will be the best way if you are already a professional trader. in fact whatever method you use to get bitcoin is up to you, but it would be better if you're using methods appropriate to the skill and passion because you will save your bitcoin in the long run, of course you'll find boredom |
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As a Bitcoin user, I really wish that Bitcoin should be new world currency.Bitcoin is the best currency in the world!
I bitcoin users but I'm not too hopeful bitcoin can replace fiat became the main currency in the world. I'm more comfortable seeing bitcoin and fiat together. after all, we can use both of them simultaneously without any hindrance? but I hope the future of bitcoin will either |
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no i never spending my money because there is a lot of people adopting bitcoin in huge amount through their money because they want to hold some bitcoin for the future and they know that bitcoin will be more profitable .
I think even though the price of bitcoin will be high in the future. does not mean you have to continue to hold your bitcoin for you to bring in a profit. What about when you're in need of money or goods, surely you must do the spending, do it wisely |
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It is possible to buy drugs with bitcoin but I have not done it and will not do it since I don't like drugs or the drugs market at all and I think that is one of the reasons the average person has not adopted bitcoin yet, because they see it as a currency with deep ties to those persons.
actually I do not really know about this, because I've never heard that a drug kingpin using bitcoin for their transactions? is it you ever hear about this in the news? |
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Because bitcoin is decentralized, so government has no control over it, only it's owner has. And bitcoin is anonymous, it has potential for illegal use, like scam, money laundry, drugs, and guns.
yes the government is too frightened to use bitcoin. this time bitcoin does have a fast enough rate movements. so they think that bitcoin can give chaos in a country's economic system. besides chaos, bitcoin potential to be used by all communities in the country was also very high so it could make their country's currency is not used? it is feared by the government |
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I'm newbie so I wonder How I can make more profit from bitcoin such as investing , trading or gambling.
I do not have many bitcoins but I want to try this field in new year. I'm waiting for your advances.
The best wishes and Happy new year . Thank you.
if you do not have much capital, trade may not be too fit, although trading does not have a minimum limit of capital, but I think you need a large enough capital to backup when the price falls and the greater the profit gains |
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You can't really tell how many but you could just estimate. It's all about that like the human population, it's hard to say the actual number. You can't count your hair but you could estimate. It increases everyday for sure, some maybe just use it for business but not always being used.
true you can only make estimates or predictions of course, no way to calculate the exact total bitcoin users. but perhaps it estimates it could describe the number of users bitcoin |
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i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .
The world today is in need of transactions quickly and can be used anywhere (flexible). while cash does not meet it, certainly if bitcoin released version cash, it would be a setback technology |
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