Paypal is the direct competitor of Bitcoin so not a chance in hell. Bitcoin is designed to be peer-to-peer effectively making PayPal services absolutely redundant if it became mainstream.
In the global marketplace, rivalries can be friendly for a day, there are many examples. Apple and Samsung look like competitors, they can act jointly. But I think Paypal is a finished company. In the near future all the big companies will start accepting bitcoin as their payments. It is good that PayPal has started accepting bitcoin as their payments and they are trading in bitcoin because they know the importance of bitcoin and they have realized that bitcoin is the future currency and all the people in the world will use bitcoin as their legal and regular currency for their day to day needs. |
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Buy low and sell high would be correct to all new trader. The key to not repeat this mistake is learn how to control your emotion.
It all depends on the condition through which you are going through. It is a general principal that most of us follows in order to have better profit. Buying the bitcoins at low price and then selling them at higher rates will for sure help you in earning of more money. The thing is you cannot follow the very same lines every time you go for trading. There are certain occasions when you have to sell your coins at lower rates as well. Buying on high price and selling on low price is totally a foolish thing. I think that nobody will do this because nobody invests for losing his money. Everyone is here for making more and more money through his investment in bitcoin. Rather the needs you face in different conditions in life. If you do not have any financial hurdles then hold them besides selling on low price and lose your investment. |
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I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Yes,I agree with you that bitcoin is the most popular cryptocurrency. I think 80% country in the world accept bitcoin. Bitcoin is so much popular because its value is increasing day by day. The other coin price is very low besides the other coin is scam. technically this crypto currency are known by bitcoin not as much as it is but we know that this digital currency are first known by bitcoin, when they say bitcoin we know that this is a new digital currency , not totally as 80% are accept bitcoin we cant even know if that is true but we know that this bitcoin are spreading day by day just how the price is increasingly day by day. Everyone knows about bitcoin because it is the very first currency of its type that was introduced into market and got attention of people. Many people are attracted towards this currency because it has totally changed their method of earning money and spending it. Bitcoin is obviously famous too much because it is not only one which is going to make you rich but also cool. |
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yes, it is very good for bitcoin, and certainly bitcoin community is needed as a means to introduce bitcoin to society, more and more people join bitcoin while bitcoin stock decreases, it will affect bitcoin price.
and in my country there are many bitcoin communities in various regions, even in some areas of my country there are already receiving payment transactions with bitcoin. although in my country it is still illegal.
this is the result of the bitcoin community that keeps trying to introduce bitcoin to the world.
how in your country?
Bitcoin is the only digital currency which is growing in exponential power day by day. Bitcoin is the one which is not going to ever decrease in value because of the large market it has. The bitcoin currency is increasing in a value day by day. I am also glad that the community is increasing within days which is automatically going to strengthen the bitcoin market around the world. |
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You're not the only one.
I'm watching the price multiple times per day just to get a good feeling when the price is growing.
It is actually really bad because when the price is dropping I get a bad mood.
I have been keeping Bitcoin for more then 4 years so my profit is high but I get used to peak prices.
Which is bad because a drop in price feels like a loss when in reality it's not.
I don't literally check its actual price, but what I do is I check my wallet everyday and see how much it has changed in value if it is to be converted into fiat. My wallet has this conversion icon which makes me notice how much its value in fiat form has changed day by day. I may not be checking the price of Bitcoin daily, but I guess looking through my wallet often and seeing it increase in fiat value from time to time is also similar with what you do. Just like Aura, I get very giddy and happy when I see how much my Bitcoin increased in price knowing that its rate wasn't that high as the last time I checked. I also get sad when I see that the fiat conversion is lower than how I expect it to be. I feel like I lost so much, but the truth is its value just decreased and my Bitcoin is still intact. Bitcoin has blessed me with so much profit in the past and because of that now I am bit addictive to check the market updates daily many time s and whenever I have free time I see the market charts and the progress of btc and whenever I find that this price can give me more I sell my coin and this habit help me a lot to buying benefit as well as selling profit also. I am bit satisfied that I don’t rely on others to know. |
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btc in dump these days ,so what will happen next few days . is it dump again for correction or rise up again
From now on the price is going to fluctuate, as always, be it by pump and dump, supply and demand, etc. We are going to see a correction but who knows when. But given the current trend (steady recovery and surge in the price), we can say that $7000 is now the new floor, so the question is how long until the 8k? Perhaps before the end of the month, or in December when Bitcoin Futures arrive from the CME group. No in coming days fluctuation will not occur because in recent days prices went down to 6,3k and that was enough fluctuation and this time prices will go in the upward direction and there will be a lot of profit in the future and on top of it the fluctuation time is over now and bitcoin investor are sensible now and are serious to achieve big that’s why they will not do any stupidity that will create a panic situation here, |
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With all the drama around 2x now over and BCC seeming to take away some of the market from BTC, is BTC still king and still set to rise to $7k this year? Thoughts?
After looking at the statistics it is clear that it has increased 7400$ and will easily rise above the 8000$ by the end of the year (Christmas). BCC was just a fling for a day which cause downfall for bitcoin for a very short period of time . But now bitcoin is back on track and seems to be stably increasing again. Same here mate the rate of progress of bitcoin at this time is giving satisfaction to me that it will surely cross 8k at the end of this year or maybe btc will be chasing 9k but that will be for sake of the short time investors but as I am aiming to achieve big from btc and it will require some more time to achieve big profit so I am aiming that it will cross 15k in the march of next year and that will be beneficial for btc also. |
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Explaining bitcoin to anyone is one who has no knowledge in it is difficult. Studies says that people have different understanding or perceptions about same thing. We contradict each other everytime a new ideas is generated. Explaining bitcoin to a children, we must use words that are common to them. It is easier for them to understand. Explaining it to a student, we should used words that are easy but atleast in a professional manner. Explaining it to a professional, we must use formal words and compare it to the things that function the same. For example, the stock exchange is like the bitcoin, more demands, the higher prices. Anyway it is how you explain it to them because people's trust is another factor when it comes to this matter.
To explain and teach, when you discuss bitcoin to the individual who truly don't have any idea regarding bitcoin. Simply keep it simple also give them time to absorb the information and urge them continue the discussion with you later. Show them the money you earn. Once they see obviously how this new innovation can enhance something they think about, they will normally begin to perceive how it can apply to fundamentally everything else. |
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Exactly bro. Ledsgo probably hasn't heard of Lightening Network and other sweet & upcoming upgrades
Yes, it was the first time I heard about Lightening network and Atomic swap. After reading about it, it does look promising, I hope the community will agree on that one because something really needs to be done. Thanks to TheQuin for that information  It is impossible to kill bitcoin because bitcoin is not controllable by any person or country and if any one want to try this then i think he can just waste his time just like we can see the example of china. They have tried to banned bitcoin but bitcoin will have no affect after banning bitcoin. Bitcoin was based on a stage without national limits. If you want to kill bitcoin, it will be an impossible task. Thus, it will keep on existing. If no one is mining anymore, which is unlikely for now, you will actually destroy the bitcoin. Even if it is still worth something, you won't be able to exchange it, so it is like destroying it.Also governments can destroy bitcoin but it's not possible due to the popularity and power of the bitcoin. |
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Spending all money in any invesment are risky..be wise in spending money eventhog investing..
Bitcoin is very volatile just like forex trading...cmiiw
Lol risk is everywhere and if you are aiming to achieve big then ignore these risk and fear is the thing that leads you to fail and true believers don’t see these kinds of thing and yeah I am true believer of bitcoin and Invested whole of my funds and savings into bitcoin because I know that this coin will never let down my money and it will bless me and in past few weeks its profit was up to 1000 per week and that’s great. |
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Expensive Antony,Who'll you employ to help create this coin?
Patience the best thing that is needed to be successful in any field and in crypto it is the most required thing to become rich and those who are good at this thing bitcoin bless them with such an high profit that surely changes their lives and there are a lot of people who are true believer of bitcoin and many of them are now millionaire an all they says that holding coins and patience give them this stage of life to enjoy. |
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1 month in crypto and I already got my investment back.
You just have to take risk.. btw. For a newbie. go invest in bitconnect.
In the world of crypto currency, the thing which matters the most in deciding how much profit you are going to earn is none other than that of your own skillset and knowledge which you are having. You actually need to work really hard if you really want to make something good in crypto investment. You will for sure earn what all you want to earn, you only need to believe in yourself. |
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Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
They say that bitcoin threaten banks but I don't think that bank will disappear in the future. Many investors are still prefer to put their money in the banks because it is not risky than put it in cryptocurrency. Banks are going to disappear in near future because now people are shifting to bitcoin now with high speed. The bitcoin is increasing day by day, at the same peace the worth of banks is decreasing. Bitcoin is a big threat to banks just because of its value. I am pretty sure that all big investors are going to keep their big investments in the form of bitcoin just because bitcoin is easy to use. |
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As of the moment fiat is the main factor on how markets operate. As soon as the economy adopts digital currency as its main form of payment then fiat will be a thing in the past.
exactly , an outdated currency. the future of currency it is no doubt bitcoin with its advanced technology , allows people to access their own money without have to rely on the third party provider , really a form of freedom ! people just not yet ready adopt bitcoin because still less support from government , but it is worth to wait. there is no support from the government, because they have not yet come up with a process through which it will be possible to control the incomes of citizens in the crypto currency. One can only imagine what kind of money the state budgets of all countries avoid. No every government is not same some of governments are seriously thinking to accept bitcoin because they know that btc will change their days and so far I have seen that bitcoin has ability to boost economy and one can see the economic condition of those countries who accepted bitcoin and on top of it the most important thing it will surely replace flat because it has both mode it increments in money to give profit. |
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Its never too late to try on something. You can still make a handsome amount of money while investing in bitcoin.
I agree with your words. Cryptocurrency can always be e-invented. But in your time you can do a lot of things if you can invest or hold a good amount. It’s never late to join bitcoin because bitcoin always give chance to everyone and you can use it any time any place so if are old and you did not join bitcoin so you can join bitcoin now and start a very good income from bitcoin I personally know a lot of old people who are using bitcoin and they are taking a very good profit from it. |
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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.
Haven't heard one before. But I hope someone does operate a bank for bitcoins so we can also store our beloved profits there. I just hope it doesn't turn out like some fiat bank where they take advantage of your money and use it for themselves. Yes in my country banks accept bitcoin because when I’m going to pay all my bills so I pay all my bills in banks and I’m sure that in other countries bank will also accept bitcoin because bitcoin is now legal in a lot of countries and this is also fact that the rest of countries will also make bitcoin legal because bitcoin believe to facilitate people. |
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Yes no need to worry about its price some time it happen and it’s a part of trade because bitcoin is connected with market trade so when the trade is good so the price will be high but if the trade is slow or week so the price will be low so I’m quite sure that bitcoin price will be increased in couple of week and then we can take profit from it. |
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Hello again....since i want to know what is bitcoin for you...and what you think about anothers cryptocurrencies like ethereum,litecoin,dogecoin,eth classic,zcash,dashcoin,monero,golem and others...
Those other cryptocurrencies are also good. They have the potential to develop and may surpass bitcoin. The only problem is that, of all the cryptocurrencies, bitcoin is the most famous thats why some other cryptocurrencies are not recognized and left behind. If we learn and study more about cryptocurrencies, we can realize that there are better cryptocurrencies that we can earn and use rather than bitcoin. Yes .the cryptocurrencies other than bitcoins are also useful but the thing is that Btcs have the highest price in the market and therefore the whole of investment market shows some type of inclination towards this currency. But, if other currencies would get started to be used in the payment methods on a large scale then obviously their value could also increase in terms of dollars and must become competitive for bitcoins. |
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in the future, more gambling apps will be developed. in the mobile internet era, and thanks to encryto currencies such as bitcoin, the world is turning to a whole casino without cashflow limits. and this process will accelerate the extinction of fiat currencies. but the game must be creative, it can't be any games in traditional casinos, it must be a game can be interactive real time with thousands and millions of people. if one mobile gambling game can spread all over the world, installed on millions of mobile phones, on that day, it will be possible to control the currency rate of one country. that's evolution. i discovered an app might has the potential, i need some ideas to promote it. please write to info@luckyminority.com if you have some brilliant ideas. are you a SINCE BIRTH GAMBLER?the way you speaks looks like you want the whole world turns into a gambler.all you said was purely gambling positivity.what about other option of earning you want every human rely thier living in gambling?your impossible mate.let gambler be a gambler.and those who will get interested but not the whole world will become gambler. It is impossible to happen, maybe it is true that there will more gambling apps in the near future, but this doesn't mean that it can control the currency rate on a certain country, this is an exaggeration. We are not that dumb to be all gamblers and lose the money that we are earning, it is not worth it. Maybe we do gamble sometimes, but not always, because staying out of the gambling world is the better thing to do. Chill dude. But yeah gambling isn't really for most people. There are a lot of gamblers yes but most of them are occassional gamblers who wouldn't care less if gambling doesn't exist. Of course gambling would endure though since it's part of man's nature but not to the point that you imagine it to be dude Gambling is not really meant for everyone. Gambling is the game which is totally dependent on luck and only those games which are related to any sports. Those who play in casinos are going to suffer a lot because they results are always made by the people of the casinos. Casinos are hubs of the murders and those who fight with them, they really are going to kill you brutally. |
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I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.
Best way to promote BTC among the people is tell them the rate of its increase in price every one. Everyone will invest in it as they get to know about the advantages of bitcoin and know that their investment can reach heights. people will start accepting bitcoin and saving them. This will also make bitcoin more famous and its users can take advantages of it and also earn from holding it. And as the bitcoin becomes more popular its price increases with it and it will help in increasing the value of bitcoin too. |
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