For me, cannot even though bitcoin have an good benefit like no interest to collect and have an expensive value i doubt thay it can make banks disappear, bank is part of the economics and government and we know that the bitcoin no match to government that decide to allowed it in one country. |
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Bitcoin, though about to celebrate its first decade of existence next year 2018, by all comparison especially with the fiat money, is still considered a relatively very young form of currency or a store of value (you can take a pick or get the two) and we are now witnessing its own evolution and dynamism. We have been told of the many risks that Bitcoin can be facing today and then into its future. But what is the biggest risk that Bitcoin is currently facing? Aside from government intervention (just like what China did in September), one of the other big risks is the governance within Bitcoin. There is no question that regulatory risk is obviously visible on many countries where Bitcoin got into. We had witnessed this in China and even South Korea as well as insignificant countries are also closely looking at Bitcoin maybe for clamping down. There are always regulatory risk involved but I think that governance is the greatest risk to Bitcoin and other decentralized entities. Right now, Bitcoin is governed by exit. There’s a consensus mechanism but when people disagree on consensus, they have three choices: Just suck it up, get away from Bitcoin or sell or they can get into the open source code and fork it. People in Bitcoin know what forking is. We are facing here the technical risk and community risk. The Segwit2X debate, which could result in a hard fork this November 18, is highlighting the possible risk involved in the governance by exit. We are experiencing the so-called Balkanization (fragmentation or division) of Bitcoin is not good for the future of Bitcoin and the whole cryptocurrency community. Biggest risk in bitcoin? For me, i think the biggest risk in the bitcoinbis when you decide to turn all your money to bitcoin because you'll hope that it can be higher up soon. The risk is it. All of us know about the fluctuating and unstable. Why if it become falling down ans all your monry invest inthe bitcoin. This is the big risk for me. To turn out all my money in bitcoin |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
In investing, theres a high chance to take a risk like now you planned to buy bitcoin cause you think its price will increase next. We know that the bitcoin is unstable and fluctuating so we not sure the guarantee of higher price of bitcoin will sure next time. And you called that risk. You willing to gambling or face whay might come happen |
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For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Bitcoin has many benefits to us and advantages other than to altcoins. Because first it can become help for those unemployed because it can give earnings. Then we know that the bitcoin is digital currency so no one can control it. And plus the faster transaction , the faster transaction can affect the economics and industry if it slow. So good that the bitcoin can have am faster transaction. Then last its a very expensive you can get rich just a year if you focus in this. |
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Some people like the Brazil Central Bank Chief called Bitcoin a Bubble & Pyramid Scheme, how can the bitcoin industry prove this wrong and make sure bitcoin never ends but grows bigger?
Until the bitcoin is number one in digital currency and it good on economics and big part in the industry bitcoin is impossible to destroy. Before it destroyed or disappear we know that there are symptoms so if that symptoms or symbol don't exist or appear it impossible to end. Because bitcoin now is on climax mode. There's more and more who invest it and used it |
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
For now its impossible for bitcoin that it will end or destroyed or disappear. Because the bitcoin price now is so high and very expensive. But we will not know maybe someday it is replace bu another cryptos. And the bitcoin will gone in the industry or in the economics .its not too late to invest bitcoin unless all poeple know about it. For nowm it is impossible |
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Coursera is one of the popular online course and is currently conducting free course for Crypto Currency geeks and the course has been already more than 1 million enrolls.
How about you? Would you like to enroll also with the same course?
Bitcoin and other coins have a big part in the economica and industries so i would like to know more knowledge not only in bitcoin but in the other coins. Because its a verybbig help for us if we know all other coins so that we compare it to the bitcoin and maybe we will prdict what happen because of thei history |
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Bitcoin started falling and might fall upto $4800. The main support is at $4800, bitcoin markets supports doesn't works like other currencies as rumors and fake peoples makes panic between peoples to make the market fall and buy coins in cheaper price. Now its time!!  Buy more BTC's because BTC is going to $10K soon!! Yes!! Last month this same f**k happened with us with JP Morgans speech and panic between peoples. Let bitcoin fall as much as possible and buy more coins that you can make more money. Bitcoin is the #1 Number One Online Currency now and popular in all over world.  Now it starts falling and you will find rumors in google about fakes news to make panic between peoples. Bitcoin will be higher in $6000+ #ITS_TIME_TO_BUYDon't force people in what you want. Its up on them if they want to buy or not. Everyone of us have thinking. So its only natural to people to panic in case of that case.but as an true believer of bitcoin bitcoin might come falling but it's only natural to bitcoin that sometimea fall down and rising up. But in the end. The bitcoin ia always on expensive or high price. |
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What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
First of all its impossible for now that the bitcoin will end because we know that the price of bitcoin is expensive so many people who used it.and you must know the law of supply and demand before you go to bitcoin because bitcoin is part of economics now.but if that happen( i wish that can't happen) then it is really to end because there's no one will used the bitcoin |
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https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities. This just shows that as bitcoin develops both advantages and disadvantages will tag along. Yes, actually this is one disadvantage of bitcoin in terms of using.because other people use it for crime or bad activities. We know that the site deepweb is accepting bitcoin only for the negotiations and theor sell illegal drugs, illegeal trafficking, and illegal fire arms. But that's not it. They used bitcoin to hire a killer and for pornoghraphy |
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We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
The truth is its difficult to predict the price or flow of the bitcoin because we know that the bitcoin is fluctuating and unstable. Although its really high of it rising up. And if you look at the history chart of price of the bitcoin we see the price of bitcoin is really confusing and its really hard to predict. |
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i am really curious about what opinion from people out there when they know from january 2017 until august 2017, bitcoin price start rising to almost $44xx if i am not wrong (maybe the highest price i know). because i see in my city, people don't care about this and they don't interesting but once i read on local newspaper, there are article that giving info about bitcoin price which is increase so high.
but in the last two days ago, i meet new person. he asked me what my activity when i am online. i tell him that i work as writer, trader, and i made money from bitcoin. first he don't believe when i say bitcoin price in the year 2015 (which i knew bitcoin for first time) is $2xx-$300 but suddenly this year, the price is jump too high and now we see the price is some around in $4xxx.
i give suggestion to him to invest his money in bitcoin but don't buy the whole bitcoin but do it like $100 for every month for 6 month and only hold it without learning anything about bitcoin, just save it. i think he is interesting but he said he need to learn to make sure about this. well actually i don't take too serious about this, if he really wants to do it, then he is a lucky guy that i've meet but if its not, then he got his choice.
so, what is happen in your places related with bitcoin? did people still don't care about bitcoin? and how about if you meet someone new and then you make conversation and you telling him that you are trying to make money from bitcoin? what he's respond?
Its quite difficult in the topic like that. Because we know that's there's some country who cant accept bitcoin.but in my country. Everytime i do my work in the bitcointalk and when i say about the bitcoin they really care because they see inghe advertisemet in other site but in the end they don't get interested because they think its only a scam and not a true. |
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Ita very difficult when times that the bitcoin compare to the gold. Cause we know that the gold is using from late centuries or millenium until now. So the gold is in terms of economics its a oldest for all. And we know that the bitcoin is have an expensive value than the gold. But when you see it. Gold is known by all people even though people who don't know internet. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is truth that if you'll turn on your money in to bitcoin was risky.but it's part of our life, to take a risk. But its up on you. I'll only suggest to you that you keep some or little money on your pocket because if you have an emergency you have an money to use. And for your daily needs.and also,one more thing. Don't keep bitcoin in only one wallet |
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Could Bitcoin ever replace conventional money?
I don't have any idea whose replace the bitcoin in terms of faster transaction and higher values. Digital money is only digital money and conventional money is conventional money. We can't combine two things thats have different system. And we know that in the reality the bitcoin is unpopular to other people so how to become know to use the bitcoin |
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When you buy something on eBay or Amazon, you pay the seller, he ships the product and upload a tracking number.
If you haven't received the item, you can call eBay or Amazon and, basically, what happens is that if they have a tracking number that shows that the item has been delivered, then it is ok, otherwise eBay or Amazon reverses the transaction and you get your money back.
Is that possible with bitcoin? What if I buy a boat online for 2 bitcoins and I never receive it? Is bitcoin able to solve this problem?
Thanks
First, in online shopping they only sell things that have in size. So in short words, they only sell small things. The one that you say is impossible. Also as an online shopper i think bitcoin is really fit to these job in the online shopping it can used to buy foods like pizza cars to not be hassle and etc. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? If i have an many bitcoin. I plan to invest more to build an small business but before that i want to thank to my family for my grow up discipline and decent man. I want to buy a house for them. And make a restaurant. That's my family dreams and after that my dream will next to do. |
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For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
In comparing the bitcoin to the other alternative coins or other cryptocurrencies. There's many advantage that bitcoin have. Like the faster transaction we know that the bitcoin is in the internet and bitcoin is made because of these one traits the faster transaction and it have an expensive valie compare to the other. |
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I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
All you have to do is practice and observe. Nobody was born with knowledge but for nobody it was easy till they got some serious profits. It is a day by day hard job with continuous study in the field of economics and trading. I am sorry that i can encourage you with this post but i personally like the truth then happy messages. If you have known someone that already a trader of crypto that you could talk to and you could asks personally for some important matters regarding trading is very helpful. But if you haven't then you should read more, practice, and gain experience by your own. Besides, since your already here in forum you can read more helpful tips that some expert trader here are shared. Me too, myself I'm still on process of learning of some matters however luckily I have a friend that I could asks for some informations that I didn't know. |
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Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
Dividing our salary is to hard,even we give the 60% to our daily needs and expenses to our family and the rest 40% into bitcoin is not enough capital to run in trading investment,so in order to achieve my aiming amount i joined any kinds of campaign,so that in time i've earned this campaign i put all it up my incentives in trading activities. Dividing a salary is not easy tasks especially when bills you need to pay are line up. Even when you have already your salary on hand you need to battle on yourself a little bit harder to put 30% of your salary in savings. A life of human being especially woman are full of liesure's. In my case it takes a bit harder for me to decide to divide wisely my salary. I want to put my 50% of salary in savings and 30% on our daily needs, 10% for myself and 10% intended for my investments in crypto. Well its was only a estimation, in reality only my savings that 50% are truly done. My estimation of the rest are story. Please dont judge me im just a human being that also commit mistakes. |
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