Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
For me yes the bitcoins value can be pushed back its value or even be worthless. Because they are just high today because or the trend the hype and because of that a lot of businessmen and even ordinary people are buying it and that is the reason why bitcoins price are still growing and became too much expensive but after years our government will create our own version of digital currency with our fiat. Like our real money will just be recreated as a digital versions. |
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I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
Whenever you need it you can always cash out. But the most right time for me of course is when the value rises because you dont want to cut off your loss not unless you really needed that money that particular time ao ypu really need to cashed it out even if the value is going to fall. Just do not panic whenever the price go down because qe all know bitcpina they always goes up so we just need to qait a few weeks before we cash out. |
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Hey guys.
How can I increase my bitcoin money? I am a bit curious to those people who can easily make money “btc” grow fast. How do they it correctly?
Can I ask a bit of advice on how to manage it like what you do?
Of course I know many people here want to know too.
Maybe it is good to share a little of it. It would be great if we grow together.
At first that will be so hard to find ways on how you will have a bitcoins because if your rank is low it will be hard to find some campaigns to join. But after a while if you rank up already you can now join in a signature campaigns they usually accept jr. Member above. And you will now have that income you are all been waiting for. That will continue then after that joined in a bounty campaigns and do trading that wpuld be much profitable. |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. Tpday here in our country I do not know if there are retailers who accept bitcoins as a payment but i am looking forward for it. I wonder why they do not have that kind of thing, because that would be so helpful for us and them too because they can have an investment in their business. But I know that 3-5 years from know bitcoins will be more popular and all those retailer will noe accepting bitcoins as a payment and that eould be nice. |
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I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?
Please share your thoughts. Thanks.
There are also a lot of ways to invest on bitcoins, but by simply buying bitcoins in the market or whatever thatbsells bitcoins and by just holding it to our wallets it can be an investment why? Because the bitcoins value are not stable and it can either rise or fall but it always rise after a fall so nothing no worried about. But my advice when you wanted to do that, do not panic selling whenever the orice falls and just teust bitcoins and invest when price drops. |
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Just curious, since the Internet is mostly an Earthly thing... would astronauts be able to access and transfer their Bitcoins whilst traveling throughout the solar system?
I am notbsure if there are an internet connection side the earth but if there is an internet connection, they can access it obviously because that is the main thing that the butcoins need to be accessed. And besides why do the astronauts needed to access bitcoins anyway? They never need money outside the world to survive they needed foods and supplies in order to come back alive. And the government or whatever it is will be the one obligated to supply them free foods because that is there job. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
I thinks so yes they are investing in this probably they might also involve in this thing because tbeybare billionaires and of course you are talking about businessmen not just an ordinary billionaire because all billionaires have business and I know that they are informed that a currency like this are existing and they know that this is a successful thing so they pretty much involved in this thing. Or maybe they create their own coins maybe they are billionaires so they can do whatever they wanted to. |
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
One bitcoin here in our country is almost reaching half a million so that will be a very big money. But as a student I do not have any things to spend that kind of money and knowing that bitcoins still grow I will kust hold it for a while then I will withdraw it and start a business on my own but for sure I am not going to withdraw all of it a half of it for sure but the other half will just be on hold because the value still pumps so the money still grows. But I will gave a lotnof credits to the person whonwill gave it to me and probably convinced him or her to join my new business. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Ypu know bitcoins are considered as a very successful mode of investment no matter how long it will take but the longer it is the higher value you can get. Especially if you had invested on bitcoins way back then you must hold your bitcoins upto now and if you do you must have a lot of money today because bitcoins value reach $8000. And that is the benefits that bitcoins can give to us if you hold them for a long time. The value of your holdings also increases as the value of bitcoins increases. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
Yes you can probably earn a decent amount of money especially when you join in a signature or even bounty campaigns you can earn a lot of bitcoins that you can convert into cash. And holding bitcoins also serves as an investment so you can earn more while earning much. So a lot of people are getting rih in this business because they are gaining money through different campaigns then they are holding their earnings and that also grow as bitcoin value grow. |
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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?
The main difference on both of them is first the physical appearance, real money can be hold can be touch can be seen and feel. It can be torn apart or get wet or burned it can also be stolen from us because it is physically. Bitcoins on the pther hamd are digitally cannot be felt cannot be seen nor touch because it is a literally a virtual it is just a numbers inside the computer. But is can also be stolen from us by hackers but the bitcoins value are not stable which makes them a great investment. |
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
No bitcoins won't die because of china that issue is over, look what happen to bitcoins know $8000 and still can grow more. That is without china look what china has been missing today. The bitcoins just fall a little bitcoins but china cannot kill nor destroy bitcoins permanently because we the people who loves bitcoins can make a way for the bitcoins to rise again. Because no just china are.using it bitcoins are spreading all over the world. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
For me yes bitcoins can reduce unemployment especially in our country because bitcoins can be easily withdraw using a bank. Yes you red it right, we have a bank that accept bitcoins in exchange to a real cash so this forum is pretty popular in our country because it gives us an income so those unemployed people are going all in into this because all the bitcoins they get can be exchange into cash so even bitcoins are not accepted by any stores we will just exchange it into cash and buy things that we wanted. |
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bitcoin cannot replace currency in the world because price is not stable.
currency should be more stable.
you may reply me. currency is not stable also but you should think
USD currency price is up and down 1-2% in 1 month.
bitcoin price is up and down 20% in 1 month.
what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?
bitcoin can become stock but cannot become currency
Yes I also think about that, because it will be hard if bitcoins will be the one to be replace by our currency and we have an exact money to buy an exact thing and suddenly the price of the bitcoins in the market drops you cannot buy that money, and some cases like that. Bitcoins will be or can be used as a mode of payment but it will not replaced an occuring currency. It will be an official currency for businesses because it is decentralized and it is also going ot bw an investment. |
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Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
That would be so nice and convenient when that happens because many of people that are using bitcoins have a lot of time difficulties on where they can sell their bitcoins whenever they needed money. If bitcoins are noq can be use as a mode of payment they do not need to think where to exchange bitcoins into cash because we can directly buy rhings that we wanted by jist scaning the qr code that would we much easier than paying using atm. |
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It is sad to say but yes cash, paper money, fiat is going to be extinct. We cannot stop the future and we cannot stop the technology from growing and expanding that comes to the point that even the currencies are going to be digitally access. Because that will be mich convenient than bringin a lot of cash on our pocket or bringin an atm if we can always have our money with our mobile devices and a lotnof people will like to transact to anybody in thia world by not going to that particular place. |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
There is bank here in our country where they accept bitcoins in exchange into real money. That is why bitcoins and this forumis so popular in our country because by using an application our bitcoins can be easily withdraw in an atm machines by just clicking in a mobile phone. And that bank is named security bank and it is pretty convenient because anytime we can exchange our bitcoins into cash so even if we do not have some stores that accept bitcoins as a payment we can buy thing because bitcoins are converted into cash. |
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Bitcoins will probably go in a come back they will always do. Because there are a lot of big names that had invested in this and they will not let this to a permanent fall because it will cost them bih money. So just keep holding on your coins because if you sell it in a smaller price you will just lose ypu money permanently but if you longer you patience and wait until the punp you can sell even double the price just do be too greedy. |
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Dumarami na ang nababalitang sariling kababayan iniiscam, ganyan na ba talaga tayo? sariling kababayan pa ang sisira sa ikauunlad ng kaparehong lahi? So dapat pa nga bang pagkatiwalaan ang sarili nating mga kababayan?
Hindi ko din alam kaya mahirap na magtiwala ngayon. Mga pilipino talaga pati kababayan ibinabagsak imbis na magtulungan lalo hinihila pababa ang isat isa. Kaya nga pati na sa forum na to marami ang naiinis sa mga pilipino kasi nga dahil dun sa mga iba na hindi naman marurunong mga walang alam sa bitcoins nag soam lang at nasisira ang buomg reputasyon ng pilipinas nakakahitaya na nga mindan maging pilipino. |
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“One of the keys to a trader’s success was not the results of a trade but rather how a trader reacted to the results of a trade.” – Dan Gamza
Why me? Why did this happen to me? Those are some of the questions that disturb losing traders. After a series of losses, some of them develop hatred for trading. Suffering that results from negative trades, drawdowns and margin calls can make people easily disappointed in trading.
Nonetheless, no matter how bad your trading is, it could’ve been worse. No matter how bad things are, there are still some reasons to be thankful, if you can think deep.
There are events that move the markets and which professionals focus on. These events often are filled with uncertainties, bringing profits and losses to people. Just some months ago, Greece was a hot topic, and speculators were mulling opening positions on the seemingly overextended markets, but some had serious misgivings. At times, the stakes may be higher than the rewards.
There Is Really Nothing Like Losses
There is really nothing like losses, for what brings losses to some people is what brings profits to others. The market moves up or down – not losing up or down. When you buy EURUSD and it goes up, you win (but a seller will lose). When you sell AUDJPY and it goes up, you lose (but a buyer will win). When you enter a direction in the market and it moves seriously in your favor, all those who go in that direction will make money, provided there are no wide differences in their entry prices.
What you call losses is what brings profits to some people. What you call profits is what brings losses to some people.
People Don’t Learn Their Lessons
Despite well-meaning efforts to solve the problem of loss, there are millions of traders around the world who’re still losing because of dangerous trading habits. People don’t learn their lessons.
During a funeral process, many attendees will be remorseful, thinking about the brevity of life and futility of wickedness, anxiety, love of money and so on. But once the funeral is done, you’ll see many of those attendees living their lives as if they’d not die again.
Too many traders lost in the past because they didn’t use stop loss on live and simulated accounts. When they come back to trading, you’ll see them using the same trading approaches that led to their downfall the last time, namely, high lot sizes and no stop loss. People don’t learn their lessons.
Traders who test new trading ideas on demos don’t use stops; and I wonder how that idea can survive on live accounts in the long haul, because they may apply it to a demo account once they’ve been lucky enough to gather some gains.
A Way Out?
After many years of grappling with the markets, traders who complained in the past may later show their gratitude; and for the fact that the markets cannot be blamed for what happen to them (though we may feel disappointed sometimes). There are days when they become sad, and they complain when they think of their seeming helplessness. Nonetheless, they’d have come to understand that the markets don’t set out to punish individuals.
Interacting with good traders as well as reading about super successful ones would’ve made them stronger psychologically and kept their spirits up.
Reflecting on a possibility of a risk-free trading approach reassures those who’re currently losing. Good trading coaches care about them, knowing full well that the end of their struggles is in sight. Focusing on such hope can give a trader the fortitude to endure certain negativity now.
Conclusion: Are you disappointed in trading? Well those who currently make loads of money from trading were once disappointed at some time in their careers. Those whose marriage is now successful were at one time, frustrated by their spouse. But these people, for example, profitable traders (as well as happily married persons), looked for solutions to their problems and apply those solutions faithfully. That doesn’t mean they’re luckier or better than others: that means they’re able to overcome the causes of frustrations and disappointment in their careers.
This article is ended with the quote below:
“Markets are people. So beating them asks for insight in what they are doing. And, perhaps more importantly, how they feel, because that will direct their future actions and, in the end, what markets will do.” – Dirk Vandycke
As of now I am totally disappointed because all of those campaigns that I've joined in was just a faliure because everytime I traded all those tokens and coins that they gave to me the value is cheaper than I thought. Up to now I am still holding those coins on my wallet because i am hopong that in the future the value of it will change and will grow just like what any other successful project is. But I cannot blame trading to that i much balme those campaigns. |
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