Yeah this is the true thing. No goverment can control or manage Bitcoin. Europeans used to try but it didn't work.
That's true, no one can stop Bitcoin invading the whole world. Even the government can't do anything, unless their going to communicate or talk to all internet provider to block all site with regards to Bitcoin matter.
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
i'll try it again, just like what other always say, "try and try until you succeed". it doesn't mean that if you failed for the first time you will give up already. remember that there's always a room for improvement.
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I have invested in some altcoins and now these altcoins are very lower in price and I have lost a good amount in them so now I do not consider it as worth to sell so I just keep them in my exchange wallet and I am waiting that sometimes the price of it may increase and I will get the profit.
that's a good decision, some traders don't know how to handle some situation like that, they get easily panic and sell their coins even if they know they could loss huge amount of their profit. remember the golden rule, "patience is virtue"...
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Bitcoin is asset just like gold and silver and fiat is the one that evaluate the value of every asset. So bitcoin can never replace fiat but it can dominate the online payment processors with low fee.
i agree, just like me, I do patronizing using bitcoin as my mode of payment, less hassle and most of all you don't need to pay high service charges cause bitcoin have a low charges or fee, but still i use to have fiat currency for my other stuff cause there still lot of establishment that don't accept or recognize bitcoin as payment.
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What I usually do if prices are falling most specially if the coins are very low, I would buy more coins from a much lower price and your total amount of couns would then be divided; the result would be lesser losses. Read or research on google about books or ebooks on trading.
but you should be careful also in buying some altcoins. it doesn't mean that if see bitcoin price is falling down, you going to buy different altcoins. you should study first the coins that you want to buy or trade. because there are some altcoins that is very slow to move it's volume. always read a lot about trading or ask some strategy to those who are veterans in trading.
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I think banks are too important to the world presently and their reputation will enable them to survive even in the current climate where they are facing competition from the cryptocurrency market. The general public will remain skeptical of cryptocurrencies for some time and thus will continue to use banks.
yeah, banks is bank, whatever happen in crypto world it will not eliminate banks, because people would still prefer to save their money in the bank. Aside from the that banks to supported by the government so you have the assurance that your money is in good hands. .
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
I say do both as well, save some of your money in the bank or some safe at home. Then invest the rest that you are wiling to risk or lose in the long run. Investing always entails risk while saving is not. that's true, involving in crypto world doesn't have an assurance, you need to prepare your self in whatever happen in the future. So it is still advisable to save money from the bank for a long time rather than putting it crypto currency. remember that bitcoin doesn't have stable price, when it pumps up it will totally raise but when it fall down, you would totally loss your profit. so its better to save money in the bank cause you don't need to worry for your investment.
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unlike other investment. The price of the bitcoin keep rapidly raise and it keep my money increasing too. That's why I choose to invest in bitcoin.
I agree, bitcoin is the fastest way to earn money when it comes to investing, you don't have to wait for how many months for years just to have a big profit. as long as your good in analyzing alt coins, it will easy for you to have a good profit.
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the best double youre money you can use bitcoin to trading investment in bankrool in gambling site, follow cloud mining(but is very long time can double youre money
this is proven, gambling can give you double or triple profit if you are good in playing gambling. One of my friend is very expert in gambling, she use to play in bitsler, and guess what, in just a couple of minutes our profit become double. so i guess bitsler is a best site to double your money.
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In my opinion bitcoin is a digital currency, it easy to use in our transaction and no transaction fees needed,it stored in our bitcoin wallet. It helps make people savings, Easy to earn money and help a lot for my needs and expenses especially billings. not because i want to become rich but its for my needs and it help some of my expenses in my daily needs.
in addition to that, bitcoin is a life changing experienced specially to those people who are having a hard time to earn money. It can also considered a substitute job for those job seeker, cause nowadays, finding job is very hard specially if you don't have a master degree, cause one of the qualification in finding a job is, must be a collage graduate.
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Payment received thank you sir
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Not at all, but little bit surprised with this early to the fork, but same pattern followed prior to BTG fork though
For me I was surprised, I didn't expect this kind of increase, I think lots of traders now is so happy enjoying the huge amount of their profit, so if I were you try to hold Bitcoin now as much as you can cause my friend told me that Bitcoin will become more in demand next year, so it means Bitcoin price will increase more, I can't wait to see that happen next year.
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1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.
2. FBI owns 1.5% of world's BTC.
3. 64% of BTC have never been used and may never be used.
Which other interesting and unique facts do you know about BTC? Please share.
No one single entity can control this kind of currency There's a finite number of Bitcoin Bitcoin have no inherent or set value You can see all your transaction You can mine Bitcoin You cannot reverse transaction or be forced to pay You can send money with no high fees If you loose your Bitcoin address you can never retrieve you Bitcoin You can buy things thru Bitcoin.
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I think u should invest now . Why ? The price is spiking up in next few years it's gonna worth alot more. I regretted I didn't buy bitcoins when I knew them at 2015 so it's not too late now
That is the sad part, just like me I did not listen to my friend who introduced Bitcoin to me, if I listen to her since she introduce it to me maybe this time I already have a lot of gain, because as of now bitcoins price is almost 1million per btc.i think lot of traders now are selling their hold Bitcoin because of very high price. I guess I've learned from my mistakes before, for now I always hold btc for future selling and investing.
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I only used coins.ph. as what i know its the only trusted btc wallet here in philippines.
Same here, aside from it is easy to use there's a lot of features that you do in coins.ph. like you can use coins.ph for e loading, sending remittances, and online banking. I can say that coins.ph is reliable wallet so far,
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People panic and say such things every time there is a crash, its been happening for so long, just ignore.
That's true, and that's are the usual reaction of a person who are newbie in Bitcoin world, always remember that Bitcoin is a virtual currency and no one can manipulate it, so if you hear some bad news don't panic, instead buy a lot of Bitcoin if it is falling down, cause in the end it will give you a very high profitability
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It is good to invest in bitcoin as bitcoin is stonger each day. The massive adoption nowadays is a sign that it is good to put money. But, as usual in any investment it takes a lot of risks. Therefore, dont put all your eggs in one basket, because we cant predict its price of bitcoin.
That's true, always remember that there is no permanent in life just like Bitcoin. It doesn't mean that if see bitcoin price is so high you're going to put all your assets, always holds at least 40% of your wealth, cause you don't know what will happen for the next 24h. It's better to save done nothing, because Bitcoin is very unpredictable and high risky.
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if you are traveling to somewhere you can easily take thousands or millions of usd worth bitcoin with you easily without any problem but you can't take that much cash with you, also they don't check your phones of pendrive for digital currencies, so you are safe from amy kind of risk of moving money aboard.
Very well said it seems that this must the main problem if your going to go other country. You can't carry huge amount of money without declaring it. And also there is only maximum to carry. Unlike Bitcoin you can carry all the way without worrying. Because Bitcoin is a virtual currency it means it can only be seen unless they will check it thru internet. But of course as a Bitcoin owner your not going let them check your personal account, it's already invasion of privacy, unless it comes from the government.
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I am 100% indulged to the crypto world for a long time. Where I am going next? VR and AI are on top of my list. How will I invest there? Have no idea yet. The crypto world is too good right now in order to have the time to think for something else.
Me too as of now it never comes in my mind to invest my money other Bitcoin, Bitcoin could make you a billionaire in just a couple of months or a year, unlike other business firm it takes a long run to have a high profit. So right now I'm not intertaining other business proposal, I'm happy working and investing in Bitcoin and I want to focus on it.
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