after release bitcoin 9 years running. but bitcoin increasing or increasing.so anyone have good opinion for next five year about bitcoin? feel freee and drop your opinion.
thanks
I think everybody here will agree with me that it will be a constant run up. It will be increasing, but there will be several dumps sure. It will go 100000$ definitely! You definitely have an agreeing point because it is true that in the coming years people will be attracted to bitcoin more and more and they will also invite other people to join bitcoin so this will be a condition when the price of bitcoin will increase up to a very higher level and in this time it is also possible that the world business will happen in terms of bitcoin and it will be a global currency for all the states of the world. |
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Do you think Bitcoin will crash one day?
No I do not think that it will crash one day because I know well about bitcoin and its future and its current situation. I know that it is going very stronger in the market and many people are connected with this coin for their businesses so they will not leave bitcoin and if they will not leave then it is not possible that the price of bitcoin drop but it will increase and if it will increase then everyone will adopt it. |
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To be honest, we can not hear some good news about bitcoin from anywhere in the world except my country !
Simply because in my country people do not even know about bitcoin and the world of cryptocurrency, as a result, they have no interest in following the value of bitcoin or its news. So how could I tell you some news from my country ?
no mate. i always heard many good news online everyday about bitcoin on any different country and also on our country as well. your not aware with it maybe because your not always online everyday and your not the type of guy that always browse the web and social medias to see whats happening on the world. well thats bad to hear if your country does not making any good news because they arent just intersted on bitcoin or maybe your just living on a poorer and small country that people doesnt have much accces to the internet to heard and recognized these bitcoin trend? because it does also matter on how popular the bitcoin is on your country. Here in my country the situation is bit different bitcoin has crossed 2 million here in my country and which is making bitcoin only rich oriented and still people here want to invest into bitcoin because they want to earn more and government is also serious in adopting bitcoin and this will be more fascinating in my region if any of fall occur so that maximum people get into it and after that government can legalize it. |
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Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?  In my opinion volatility is not a bad thing in bitcoin as it is the main feature which make this digital currency distinctive from others. But in some cases it proves out to be the worst thing like steam one of the largest online video games platform ban accepting bitcoin because of the high transaction fees and it's volatility as when the price fall without any control they incurr loses so that's why it proves fatal for them but for investors it attracts them as they can make early profits by price hype. So the opinions vary according to the needs of community but personally i don't think it as a bad feature but a great one. Same is my thinking volatility is the best thing that is in bitcoin it give you room to make a lot of profit if prices get stabled then bitcoin will not gain anymore popularity because people want to earn random profit and surprisingly huge and all that come from the volatility and if it will become stable it will be like flat and gold and will lose its investor when an new investment will come into the market to give people ease. |
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Yes it is freedom for me, because nobody controls it because it is decentralized, and i can work anytime i want as long there is internet, I don't have pressures because its up to you if you want to work or not, there is no bosses.  It is freedom for everyone its uncontrolled nature is nonetheless than a blessing for everyone anonymous transactions all the feature it is providing are more than awesome and this thing will be more expendable in future when everyone will use it there is no threat of looting in it and there is no loss in it and the investment is purely in hand if the investor how much he want to make it is of unique type to give people what they want. |
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I hoped that bitcoin would be the main cryptocurrency...but now I understand that it was created as a training version...I think that it still has a couple of years left
Bitcoin is already a main cryptocurrency and all this will be very beneficial in coming days because bitcoin has cleared all the obstacle in its way and now it has become unstoppable and millions of people are giving strength to the bitcoin and this thing is showing the future scope of bitcoin that will be brighter than now, and mate it will stay forever because people want it and all this is humanity here need bitcoin eagerly. |
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In my opinion, the benefit of saving bitcoin for a long time is the growing price of it. We all know that bitcoin’s amount is increasing even it has an unstable price. If you keep your bitcoin for a long time, the amount of it will multiply. Imagine that if you purchase or have ten bitcoin in the year of 2012 and you will sell it now, your profit on that will be very big. You just brought 13-15$ or 100$ each and sell it now at the price of 15,000$ each just imagine that.
Bitcoin has grown so faster as compare to before and this thing is best for any investment to entertain all of its investor at the single time and bitcoin is most beneficial when a person invest into it for the longer terms and the people who invested into bitcoin two year earlier they are now the best profit scorer of it and bitcoin is the best invest you can make for the bright future and the millionaire life enjoying ahead. |
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I see from the development of bitcoin to date whose value has reached more $ 7500, that bitcoin is an asset and currency. why asset? because now many people start to trust bitcoin for investment and take advantage of bitcoin as assets of their property.
why the currency? because many people who use bitcoin to meet their wants and needs, ranging from paying electricity, shoping, and others.
Yeah your opinion is good. Bitcoin is like both asset and currency. Bitcoin is proves itself better than any other assets. Bitcoin is also digital currency. Bitcoin is the best crypto currency in the world. If anyone need of money, he/she can sell Bitcoin at any time and get the money at once. So Bitcoin is better than real money because there is no need of banks to save Bitcoin. Bitcoin is also the best asset at this time. Because the price of Bitcoin going toward its peak. Any person who buys Bitcoin can earn a lot of money than any other asset. |
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I feel like they will have to the bigger it gets.
May be you are right in this case that banks will gets bigger by accepting Bitcoin. As we all know the importance of Bitcoin. Bitcoin is the well-known crypto currency of the world. And many countries accepted Bitcoin with open minded. And if the government legalized the Bitcoin than definitely traditional bank accept Bitcoin seriously. With that bank will also got too much profit from Bitcoin. Community will happy to take Bitcoin. |
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Individuals must choose between limited options to secure their cash, banks has ensure till a sum reinforcement by the nation, bitcoin has potential, however beyond words or later nobody knows, so on the off chance that I need to pick I would go into both as I consider and have confidence in bitcoin potential and I would prefer not to banks to continue taking the expense to they loan my cash to others, they should pay me to get my cash and not the turn around. Fluctuation in rate of crypto currency is very high than exchange of real money. Bitcoin needs no banks. It is free of involvement of any other person. Banks are traditional fees and rules & laws. But in the case of Bitcoin has no rule and regulation. You just have to access through internet. One can trade on Bitcoin easily by using internet. It may be possible that Bitcoin will be disappeared bank in future due to its unique properties. |
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
of all your questions I think the answer you are still hesitant in investing in bitcoin I suggest you analyze more read and predict yourself whether sure your investment will be successful or its result will be nil then next up you will go forward what backwards Really your point is good that there is no need of registration, age and no restriction. A simple thing you need is that access to the internet. Bitcoin is fast in processing on the other hand you need of bank for store money. There is too much time spent in processing. Taxes are applied on real money. Bitcoin is independent of all taxes. There no other person or party involve in your transaction. In fact Bitcoin has many big advantages over the physical money. |
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If you need a long investment, you just need to buy bitcoin and wait. If you do not like to work with the exchange or the market, then I think that after 1-2 years you will make 200% of profit. Your policy is good that invests and waits and holds Bitcoin. The demand of Bitcoin in the market is too much. That is the reason why price rate of Bitcoin goes high. So don’t be panic to sell just hold Bitcoin and wait till the price goes its peak. And you feel that it is the right time to sell Bitcoin then sell it. And earn a lot of profit from Bitcoin. Trading on Bitcoin is simple but always be patient to buy and sell. The good businessmen are always take a review before taking decision and got too much money from Bitcoin. |
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With the price of Bitcoin going up, it is much wiser to hodl than to buy, I think there is a panic selling that had happened, with the fear of missing out, people think if they buy Bitcoin at this time, the trend is still going up, they can have a lot of profit, but that's not the case, there seems to be a lot of new investors that are buying Bitcoin at a high price, I think they need to study more about investments since Bitcoin is volatile, a negative news might cause the price to down because of weak hands and people who are investing without a plan, the same goes with panic selling, they sell bitcoins due to negative news, without even researching, still investing on knowledge will help you gain more profits when it comes to Bitcoin, and hopefully they understand even one of the basic fundamentals in investing, buying low and selling high.
Your thinking is wise that with the price up you must be hold Bitcoin else to buy. I think that the panic in sell or panic in buy in both cases is not good. Bitcoin is the future money. But we must be take decisions with cool mind and wisely about Bitcoin that which is the best time I sell Bitcoin when I buy Bitcoin. Mostly people are panic when price of Bitcoin go down and they are hurry to sell Bitcoin. But in my opinion it is totally wrong. When the price of Bitcoin goes down that is a golden time for buy Bitcoin. |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
yes a good it can be because bitcoin is turning all of our traditional ways to something better this technological advancement of things is going to revolutionize the way we think about money and how we spent in with block chain technology things can be easy People use Bitcoin because of its fast time in transaction and security. Bitcoin has very unique qualities i.e. it is decentralized, fast and secure. There is no third partly involve in any transaction through Bitcoin. The total control is in your hands. There is no fear of theft and destroy. The traditional money can be theft and be lost. But in this case Bitcoin is completely secure. Bitcoin becomes our lives easy. |
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For me, I can say that bitcoin is changing the world not only the world but also the people living in the world.Bitcoin change the people in the world, the way they move, the way they interact to other people, the way they participate in different activities like this and the way they live. It change the people's attitude and consciousness. They believe that bitcoin is the best way to be successful in their life.They also believe that sooner or later they will become rich.
Well in my opinion, bitcoin has truly changed the world in the investment perspective due to the opportunities being offered at a very convenient manner. Compared to any other investments being provided, bitcoin truly has the most potential of yielding large amounts of profit in the shortest time possible. Not to mention, its decentralized nature makes tax imposition irrelevant, thus making your profits even bigger. Soon, the world will slowly evolve, making payments digitalized and expect bitcoin to be one of the alternate modes of payment in the far future. Bitcoin not only changes the world also changes the life style of peoples live. Many people who are trading on Bitcoin. They are becomes millionaire now. In this way the Bitcoin changes the world and peoples life style completely. As Bitcoin is digital decentralized currency. It changes the way of business, shopping online and also travel through which Bitcoin is accepted now. In short Bitcoin is rules over the world. |
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i've encouraged couple of colleagues, but the very first sentence was: "this is what i'm doing, do you want to invest? Great, but i'm not responsible for your money, i can show you the market, how BTC is keep growing and that's it, your money, your decision".
I don't want to feel bad for somebody who will follow my steps and all of a sudden they lose money.
Yeah same like you, I have encouraged my friends and colleagues also. The first sentence was “what is Bitcoin and why we invest in it?” I simply response them, that just go to Google and search for Bitcoin. As they take a little interest in Bitcoin. Now they are regular investor in Bitcoin and earn a lot of money from it. My friend always says thanks to me for that I tell them about Bitcoin and they are now able to trade on Bitcoin and enjoying the life. |
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Day-trading is the best way man.
NO man, it's not the best. What's the best is to do long term holding. And when you hold since last year considering that you are just a newbie and you bought at $800 - $1,000 then look on your returns and profit now. The great value of bitcoin is going to make you wealthy so if you are just patient enough to wait for that increase then you are living your life happy now. Also when you had enough profit, you can also start working with a mining farm. If someone is good at trading and he is well confident that he can actually make something more profitable by doing trade, then there is nothing bad in trading. One should go for that option in which he is having some good expertise and in which he has more knowledge. For me trading is bit tricky thing to do. It is far better to go for buying of bitcoins and then putting them in your wallet. Simply hold your bitcoins. |
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Start gathering needed information, there is plenty of it here, take part in as more bounties as you can;
it's good that you have graphic skills, some altcoins may need your help.
Knock to every door and some will eventuaally open.
It is really a very good thing to seek guidance and advice from others. The thing is others can only guide and can tell you what is good and what is not good. It will be you who has to make the final decision afterwards. So you actually need to have this much of awareness about the things that you can actually analyze all the suggested options and then chose the best possible option. |
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We still use paper money to buy clothes here。For us,is first to using online payment. In the near future, we may be using bitcoin to pay.
Buying clothes with paper money is not at all a bad thing. The only purpose of having paper money in our lives is to sue that paper money for buying different sort of things as well s paying all the bills. However, there are certain online shopping stores where you can also pay the bills in the form of bitcoin in addition to paper money. This actually gives you an opportunity of paying the thing in which you are comfortable at. |
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We shoul talk about it and post in local FB groups as much as we can.
The best practice which can help us in encouraging the ones who are there in the local business market is to make them very well aware about all the things related to bitcoin and crypto currency. Other than this, we also need to give them a detailed description about how things work in the world of bitcoin. In addition to this, we also need to make them understand the real need of having bitcoin and things like that. |
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