In a long term basis,it's good for bitcoin progress.Its because bitcoin has already suffered a lot due to price manipulation by chinese bitcoiners and dominance of bitcoin miners.We could not forget the hurdles created by chinese mining pools and miners in activating segwit.Earlier,bitcoin market was mostly dependent on china for every thing.This move by china could hurt bitcoin price temporarily,but in the long run,it would help mining pools spread in all parts of the world and by this way,the dragon era would finally come to an end soon.
I think it is a bad thing, because the world is progressing towards bitcoin and the most financially powerful country of the world is banning bitcoin exchanges. It means that they will never accept bitcoin as their legal and regular currency. The reason may be the scams that the people do not believe in bitcoin, that’s why china banned bitcoin or is going t ban bitcoin in tneir country. |
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Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.
don't assess too much mate this market still can be influenced by the big players alts coins are affected due to the fact of panic sellers, as we knew that china's issue and JP morgan's owners really shaking the market, but we cant deny the fact that its not just china and US who played with crypto so we can see another bounce back we just cant say when it will happen again. I will support you in this regard that these crypto currencies are having potential of regaining their previous values. No need to get stressed and go for panic selling. China has caused a new tide of panic selling by banning ICOs and digital currencies in their country. But soon we are going to get out of this hard time. |
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I wish for bitcoin's price to keep on rising and increasing so I could start my own business or probably buy some shares of a good company. That way I can ensure the future of my family and make sure that they won't have to go through poverty.
For sure that Bitcoin will kepp increasing day by day. That's why saving is my best choice to gain more income in the future. Beside, I intend to open a coffe shop, buy a house, a car,... That is my Bitcoin dream. I hope Bitcoin will turns my dream into real. Of course each and every person has his own desire and wishes in his life. I want to buy a beautiful house in town as well as a big and black color SURF jeep is also my bitcoin dream. I also want to get treatment by bitcoin and very hopeful that bitcoin will surely fabricate all my dreams. |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I agree with you that bitcoin has beaten gold, gold lost in price, but I think gold will still be a safe and attractive investment. bitcoin becomes a new choice for investment while gold has always been an investment. Well now if we look at the price then we will know that bitcoin has more power than Gold the price of the bitcoin is volatile and it is not stable so it is the reason that bitcoin price keep on increasing and soon it will touch the most high price edge in the coming days the safety of the bitcoin is easier than the bitcoin because you can keep your bitcoin in your hardware wallet buy you cannot keep the gold with you so bitcoin is better than gold now even in price. Lol! You can be right in the regard of stability of the gold but it is not at all leading the market. Many gold investors are turning towards bitcoins just because they have more potential of producing profits than any other commodity at present whether it is gold or diamond. Falling down of prices is essential for going up. |
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For me bitcoin does not reduce unemployment because there is no employee-employer relationship that take place rather bitcoin helps does unemployed people to earn income even without permanent job and while at home while waiting for job opportunities.
Exactly, bitcoin is not a factor that cause for unemployment rate of the country but it could be a big factors to change our life. The reason of having unemployment increase is that of limited jobs opportunity given by the government or by establishment but the population still increasing. That's why some of unemployed person go somewhere else to find a job and earned money, and they found bitcoin that could solved their problem. In general bitcoin is just an opportunity to unemployed person to have an income, not causing them to become jobless. in fact many people use bitcoin for their income and I also use bitcoin for my work and my main income. I have no other work at the moment and this is proof that bitcoin reduces poverty and unemployment in a country No mate, in fact you're still unemployed. You see the government has these survey things, AND if you're working in either public or private sector then probably you're working under the government but if you don't have any job at all then the government will consider you as an unemployed citizen. No matter how much you earn in this community, you will never be considered as employed because for one the currency is decentralized - the government has nothing to do with it. I guess we should have no doubt in this fact that bitcoins are really reducing unemployment all across the world and are giving many people hope of living the life they aspired for. Bitcoins are blessing for many who were living a hopeless lives especially for those who were educated but unemployed. If you are unemployed, go to Bitcoin and change your life, wow today I has learned new knowledge for help me avoid become a unemployed in future  . The job in Bitcoin does not easy like your thought, every job is needs you spend your time and use your brain to work. Yep! there is no doubt that internet access is becoming the main hurdle for people who want to earn money online whether it is related to bitcoins or some other jobs. I will suggest them working hard with day jobs o that they can have their own laptop and internet connection, until then they can sue internet cafes for doing their online jobs. |
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I thought that there was an instantaneous decrease in ethereum with bitcoin.and after these events I thought of as a momentary decrease, I got 50 ethereum from 260 dollars. I can not decide what to do with certain levels. Of course, it is not right to make sales like this.my mind came up with the idea of joining an ico or a going ico . I thought maybe I could save the damage in this way, but I'm not quite sure. what should i do? Should not I?I've been loss since the day. I do not want to loss any more, but I can not find a solution. I am delighted to share your ideas in this regard.
Divide your coin and do not go for one decision alone. If you want to cover the loss then you need to grow or add some more ethereum from your current balance so you can have a chance to recover the loss in fiat by gaining more amount of ethereum. You can do that by joining good ico and selling it on a good price or by trading altcoin which is the best because you can earn up to 10% in just one day. I won’t suggest him to collect this nonsense coin again. There is no need to waste money on this useless digital currency. If he has faced big losses with eth, I will suggest him not to go back to the same coin rather he should try bitcoins for recovering his losses. Bitcoins have damn high potential of returning capital with manifolds increased. |
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Theoretically, to control greed is a target or limits either on gambling or trading, lose or profit. But, practically it's very difficult to do and emotional factors of course. Just few days i can be consistent, then back become greedy.
You need to allocate for yourself one day a week or a month when you do not need to limit yourself to limits and so it will be easier to control your greed at the rest of the time. That is a brilliant idea. It will be very helping and such a relief from all activities. This is what most of us don't do these days. We don't spend time with ourselves. I think, some gamblers try to give time to them but they are not in the right place during gambling. |
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Spending money is much happiness. It is one of the happiness of all holders and investors. So how can I spend my btc or my money wisely. Let's say I have 1 btc. Simply, if I am a gambler and one of my life is gambling in almost 100% I spend my 20% on playing gambling, I will spend my 25% on investment, I will also hold my 30% and spend to my happiness my 25%. In all we do we must put limits to our self especially on playing gambling because there are big tendency that you can lose again what you win. Be wise enough to manage your money, give limits in all you do.
All the money is wastage if we cannot spend it on our needs and desires. Obviously, we all like to do what is impossible without money. That means money is a precious thing to hold so it must be used with care. Hence gambling is useless so we must not spend money on it. |
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While others might be compelled to sell right now, the risk takers are willing to buy on dips with the thought and hope that the price is going to make a rebound soon. After this little storm has passed, bitcoin is going to be in demand again, while more places are going to accept it as payment. Holding bitcoin a little longer instead of selling right now might serve us better in the future.
I sell and at the same time hold. If you’re going to take my advice, I would say sell half, and leave half in wallets. Make sure you recover everything you invested plus more, then you can begin to save, but don’t stop selling. I know why I’m saying that and if you reason properly, you will know what. I suggest not to sell your bitcoin without any need. When you need fiat currency then you can sell out half of your bitcoin. Otherwise it will be more better to keep all the bitcoin in your wallet and when the price grow more and more then you can sell some of the bitcoin to darn money or spend some bitcoins to fulfill your needs. And the rest are your assets. Don’t even think to sell them all. |
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I think investing in bitcoin is not good let alone invest all the money in bitcoin form, because it is easily taken by the heaker if less alert.
Your just a newbie, no wonder why your saying stupid things about in bitcoin. You don't know the deepest reason why most of the bitcoin community loved and embraced bitcoin so much. All I can say it is really a good investment if we buy bitcoin now. Yes you are right investment in bit coin now will be very profitable in the future as the future of bitcoin is looking very bright.Investing in bitcoin is best to deposit your money but not all. As many say don't put your eggs in one basket spread your investment. Market is not fixed it fluctuates daily so timing is the best in this kind of investment. |
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Of course not. especially with the prospect of investing. loaning, and accruing interest, investing is one of the best options.
In a sense it is late because we must have to start bitcoin business from the beginning of bitcoin in 2009 without any fear when the price of one bitcoin was below 100$, but if we focus on the future of bitcoin and think about a rough prediction of bitcoin after 5 years keeping in view the growing price so it is not late now and it is not so expensive yet. I consider the price normal. |
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We all panic, from possible risks and losses. But whether it is worth doing and whether it is right, most likely not. It is better to restrain yourself and make smart decisions at one time or another. Especially in trade with a drop in the price of a coin, you can not hastily sell everything, it's better to keep coins and then to understand that you did everything right.
Getting panic is quite a normal thing. I think the most important thing is that you should know how to overcome that situation in a better way so that you may not suffer loss by making false decision. You need to know how to control your nerves and emotions well if you want to have a good future in Bitcoin. |
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it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.
It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.
Agreed. And I've moved on already so should everyone else here. Btc have strived even without the investments of China and that's what will happen again. But honestly, I think there are still Chinese investors and miners who didn't stopped using btc because they've seen and known how profitable it is. Same here! China is now an old stuff. Don't really care about their plays anymore. Honestly, I had enough of them already. Sometimes, I feel like they want to control the crypto market also. I really don't get why they do such things. But I am happy that now most of us have turned a deaf ear to them. |
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I don't understand why people keep comparing gold to bitcoin within the context of currency. Gold hasn't been used as currency for over a hundred years. People wear gold and the buy it to keep as an investment (store of value). When was the last time you saw some one buying something with gold coins? The only reason gold coins are made is for investment purposes, it's nostalgic to have it in an actual coin form.
Further gold is a metal. Bitcoin is electronic, not tangible, it's different on so many levels.
actually you get it i dont know too but they are still comparing it gold cannot be bitcoin anymore so why they believe that bitcoin is better than gold? Actually it is mate, if you analyze what is the current news about bitcoin vs gold you would've realized it already. I mean just months ago the only thing that makes Bitcoin better than gold is its availability since you still need to mine gold (literally) in order for you to get it, not only that you also need to process it before you really get your hands on 'the gold'. Whilst in Bitcoin its availability is easy, its just right around the corner. But now it is not just its availability but also its value that have its advantage over gold. Bitcoin beats gold in two aspects for sure. First, BTCs can return huge profits in short time. Second, quick, cheap large transactions can be made to any part of the world without interference of government or banks. As you have already mentioned the availability point, I can confirm it only. |
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What If Bitcoin is banned in your country will you still use it?
If you use it how will you? How will you exchange it and how will you completely use it as you do before.
regarding the prohibition of bitcoin in a country, is the absolute authority of the state to decide the decision. but if some friends have already been involved with crypto. there are many ways to access a site that has been blocked. which I know the state forbids and illegally does not mean we can not access and are subject to legal sanctions. so far the legal issue about btc does not exist. that's what I know. That is right. Bitcoins can be banned by one state but that does not imply its illegalization worldwide. However, if something like this happens in my country, I will just make sure nobody can track my moves or else I will be in great danger. I don't want agencies chasing me all around the country. |
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Yes Bitcoin would be popular but For trading purpose it would not popular.
people wanted to earn bitcoins and than withdrawal.
No one could hold bitcoins.
Very well said! I will second you. I think if there comes a point when we’ll see no more increase in price of Bitcoin for quite a longer time, then I’m afraid that Bitcoin will be not much popular amongst the people and most of the investors will withdraw their money. This is I think not an easy task and I’m very much sure that this will never happen. |
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Honestly I don't really use an analysis when gambling or playing games online. I just play and have fun and sometimes don't really think if I am losing or winning but there are times I try to play with a strategy but most of the time really don't care at all.
When someone is playing just fun that doesn't mean you will not analyze things because if you don't then you will lose everything right from the start of course you have to think how much bet you will put and whatsoever. You won't be having fun after all if you will lose at first bet right? That's true, I believe that even in having fun with gambling we still needs to analyse our game and our bet, we also need to analyse how much should we need to bet just for having fun because if we don't make some analyzation there is a possibility that we will lose all our money that we have and there is no fun at all. Doing analysis of a task makes its performance easy and more accurate but in gambling, we cannot use our analytical skills in every game. A poker player can use his skills to determine the bluff of his opponent but a dice player cannot guess what number is going to hit next on roll. |
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I can provide you a lot of place to buy bitcoin for keep bitcoin.
- Coinbase
- Xapo
- Blockchain
- Spectrocoin
Some exchangers:
- Liqui.io
- Poloniex
- Bittrex
- Mercatox
All the exchanges you told are the options using which any new investor can buy as much Bitcoins as he wants. In my point of view, Bittrex is the best available option if you want to buy the Bitcoins. This is the most reliable and trustworthy exchange used all over the world. You can easily get Bitcoins using this exchange. |
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Trading works with some basic rules :
- Buy at bottom and sell at top
- Research some Pre-ICOs for some oppotunities.
- Looking for news to decide the price is gonna up or down to buy or sell.
Indeed! These are the basic points which you need to keep in your mind before getting in to trading. I think that the most important thing which matters the most is that how much knowledge about that business you have and how much skills you have. If you don’t have enough knowledge, then better is first learn about it and then get into trading. |
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BUY more to get more PROFIT! When prices are falling and you are capable of a great investment then invest it. There are chances that when the price of bitcoin and altcoin increases you will earn 2x, 3x or even more.
You have rightly said. I think the most important thing which any investor should not do at the time when price is falling down is that you need not to feel panic at that time and you have to control you nerves at that time. You need to think calmly and wisely so that your decision works out in favor of you. |
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