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I wont believe this news unless Coinbase will give a word regarding on this matter.I just logged in on my coinbase acccount and it works well and nothing happens on my bitcoin.Therefore theres no signs of being hack or compromised on coinbase.Ill follow this thread if this is true or just hoax.
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I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time  Theres nothing to be scared since this event will surely happen to bitcoin and now we already witnessed the sudden price decrease and its really a bit worrying thing seeing the price going down so fast but now it tends to rise up again and these kind of events does really happen and there nothing to worry or panic. |
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Very often the reason why they are able to sell at the rates that they are is because they buy in bulk.
As the buyers they can set buy orders at the market price - x%. If those are the most competitive prices (despite being below the market rate) sellers will still sell to them as they're looking to liquidate their BTC.
These buyers now have a large supply of coins which they try to sell on at the market rate + x%.
People then choose to buy from them at their prices because of the amounts/limits involved as well as the amount available.
In short there are numerous factors involved. If you want to make a profit by flipping BTC then you'd need to find the most competitive market rates.
This thing should really be considered first when OP tends to build an exchange site or any other means on which he must search for the most competitive market rates on which he could able to make profits on just selling and buying bitcoin.Buying on bulks would really give you some discounts i guess from the seller and thats the time you could able to add up your desired amount to your coins. |
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I think it is a very hard work. 1 BTC is a large number. one work that makes it possible to earn as much as it is to make trades bitcoin or altcoin. with these measures I'm sure we can realize our expectations.
Yup its huge task for anyone. If you wish to big amount in bitcoin means you should large scale bitcoin mining or big trading or gambling Else you could not able to earn these kind big amount. Signature campaigns, faucets, cloud mining and etc. in these we do not able to 1 and more bitcoins If we are just relying on micro earnings or jobs then its really hard to achieve 1 btc in a month or 2 and you are right it does really require hard work time and effort in able to achieve this amount or goal. Even myself having a hard time on reaching that even im almost 1 and half year here on bitcoin world. |
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In theory it's possible but in practice it's not easy at all. Thinking that you will reach 1000 Bitcoins with trading or investment is illusion. It takes lot of time, lot of funds, hard work and a bit of luck. And still there are no guarantees.
Maybe to set some more realistic goal like 10 or 20 Bitcoins, it would be easier to get and still is very nice sum.
Yes, it is impossible 10btc is beyond impossible for me hahaha. But I wish to have 5 or more bitcoin it will need just a hard work and some business but I will suggest that if you have a lot of funds invest it at trading but remember that trade only legit coins to make some large profit you need large funds so hard work is a must! You should create some funds first before trading but if you have a real money you can invest it and make your dream came true like 10btc -20btc or more.  10 btc is achievable though but its hard if you dont put too much effort on earning bitcoin 5 btc would be realistic but still its hard on my part how much more on talking about 1000 BTC which is really an illusion and impossible thing to happen unless if you have investments which generates you good amount of bitcoin on daily basis but if not then its not really possible. |
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I dont have a Bitcoin debit card, but i have an idea of getting a debit card. I live in india and i dont think that i can get a bitcoin debit card here now.
You could try to get a bitcoin debit card in cryptopay on which you could able to use it on any VISA supported atms all over the world and you could easily load up that card in just a matter of click.For now i dont have any cards but i have a plan on getting one soon on cryptopay. |
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They are asking passport/NID !! why man? why i will give them my identity??
Just another lure for people who want to steal our identities and also giving passport details is like a suicide and i wont do such thing even i dont get those new coins.I wont bother anymore because there are lots of new coins launches almost every other week and now this coin tries to give for free,wait its not free because youll need to give your information. lol |
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Trading, investing, honest borrowing, freelancing, signature campaign, those are some moral ways to get Bitcoin. Usualy they are long term and not the most profitable over night.
Stealing and scams are probably the most popular immoral ways to get Bitcoins but I wouldn't even think about this ways and not suggest them. Although some people don't have any problems with that.
The examples you gave are right on each category but i would really like to earn bitcoin in legal way rather than on illegal.I dont care if i earn on small amounts atleast my conscience wont bother me at all rather than doing bad things to other people.I really dont like that kind of thing.Better to be a millionaire on pure hard work compare on easy money. |
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Just recently bitcoins price has dropped. The price has lessened from 1000$ to 900$ each. With these I must play safe and choose both bitcoin and gold that way my investment will be much safer. If I will not profit on bitcoin then I will profit on gold. BUt I just hope bitcoin will jump again to more than 1000$ each. My friends panicked at the price dropped and sold their bitcoins and so they did not profit and we hope it will climb up again so we can take back our losses.
When there is blood on te streets.. buy. I managed to cash out some of my coins and right now I find myself avoiding trading. Let's see where the price settles at. My guess is we can still go both ways. More correction or people trying to buy back cheap coins. After that sudden price dip on bitcoins price it starts to climb up again and mentioning above about those friends who panic sell then its really a sorry and sad thing for them because they follow their emotions and selling their coins while bitcoin is dipping.For now its the ideal time to buy bitcoin again because we are just on sub $1k price. |
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I don't think so. 2013 as a very different era from 2017. The technology was still ancient with not many prospects for the future, Mt Gox was the only exchange in the entire world etc and so on. So a correction was expected, but it will not be as strong as some people predict. We are already seeing a correction and bitcoin is quickly shooting up again. I wouldn't be surprised if the chinese buy it up back to 1000+ and we test a new ATH soon. Bitcoin has proved it can recover from huge crashes and this makes it stronger for the future, people will not let it sink that low because there are a lot of people ready to buy.
This is true, those events happen on that year wont happen in this year.As we can see the price of bitcoin now is dipping $880 price on just a few hours but now it is correcting its price and climbing up again which means bitcoins price now have a good support and we could able to say that it wont breakout on that price.Seeing on the picture im amazed because it really look like theres a mirror. |
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sell high buy low...
Is it high or low right now? You tell me...
yes of course, but a loss of 20% of the value in less one hour sounds creepy  Maybe some one undermine the protocol itself trying to violate something? Like a 51% attack ? I agree with you less than an hour 20% dip is really scary but now seeing again the price of bitcoin is climbing up again and now $960+ mark on preev.com which tries to recover up and dont know any ideas why is this happening and its seems there are people who manipulates the price. |
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Its now 875.06 on preev.com so maybe a big crash will come So come on convert your coins to fiat Lol This is the thing most users do on exchanging coin to fiat but some did already panic sell on sudden price crash on bitcoin.Imagine $1100- $870 in just a day is really horrible and some people do really panic sell on that specially to those people who bought on a expensive price. |
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This is very sad. I just went to the comfort room for a minute and when I came back bitcoin is less than One thousand dollars. What happened? I am expecting that it will climb up more but it shoots back down.
Can somebody tell me what cause this recent price decrease? I am troubled. Hope it will climb up again to 1000$ the least.
Just as expected bitcoins price would really go down after the price increase rally.I dont know whats the main reason but one thing comes to my mind that traders of bag holders of bitcoin do already sell off their coins to secure profits when bitcoins price as its peak and now we are seeing price decrease and its not a shocking thing anymore for me. |
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Most people do really believe on this thing which trading is a good investment which you could able to make decent or more money but its not really easy to achieve and as you said it would really need proper knowledge and experience in able to be profitable with it.Lossing money on trading is just a normal thing because of price volatility and must be careful choosing shitcoins.
I think the same. The risk when trading is high, there aren't strategies working 100% there. You can "read" the graphics, try to find a sequence to create your rule, but who knows if what you predicted will really happen? What traders say is that on long run their strategies always work, not always, but on the majority times it works, same thing that sport's gamblers say. In my opinion trade and sports gambling have something in common, and I don't think it's possible to live only with this income. Maybe you can try, but I'm sure it will be a life without stability. The more active you trade the more commissions traders get, and the more tax you'll have to pay to the government. So the natural thing is to encourage small investors to trade trade trade. The stockmarket has been able to give a 8% annual return over a decade, if you don't keep trading in and out, at least 8% is guaranteed. This is the first time i heard about this 8% tax annually being collected from brokers or platforms but there are different types of brokers on which could be forex of crypto trading.I didnt heard such thing about those taxes implemented on crypto brokers,dont know if im wrong or right. |
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Most users describes selling at a lower price on experiencing the ongoing increase in price as the mistake done in 2016 with bitcoin. But in reality at that instance they were in need, else they won't cash it out. People who consider it as a investment will continue to hold for a long, others mostly cash out depending upon their needs.
This thing is the most common would happen on most bitcoin users because they sell off their bitcoin on cheaper prices because of needs and you are right those people who treat bitcoin as an investment would surely hold off long to their coins.We made the same thing of selling our bitcoin on a cheaper price. |
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Depending on country but some countries are thinking that it will destroy there own economy what is of course not good.
Yes I agree with you. Some countries wich not support bitcoin is not really hate bitcoin. The country is not prevent their people to use bitcoin as currency in their region. The people still can use bitcoin without government supervision and responsiblity. I think those countries is just scare about changes, it is normal. I think they will accept bitcoin in the future. So we only need until the time is come. Thats the main reason why some countries dont really like to accept bitcoin because they can already view the possible effects on their economy and to its citizens.Government do already know the benefits and disadvantages of bitcoin but they are really concerned about taxation which bitcoin does really violates thats why they dont like to adopt it. |
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Hi
All in the title, how the rate of bitcoin is controled? Who decide if the rate will be 1000$ or 1$?
No one could control it and no one could able to manipulate its price because movements really depend on the supply and demand of bitcoin.If adoption is increasing and people are already using it then demand do increase and asking for more supply of bitcoin which makes the price increase. |
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This is what bitcoin created for on which theres no involvement or 3rd party when doing transaction and directly p2p.Yes,this is the basics of bitcoin but if you dig even more you will see the more advantages and benefits on it not only on online transactions but also on earning opportunity.
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It's shocking to me that there are still people that don't know the current rally is coming from China. I guess no one can do their own research anymore. http://bitcoincharts.com/markets/My eyes were bleeding with all the Indians writing on the forum that the current rally comes from India. Now the Chinese are on the ball again. Now I am left to wonder how much of a crash we are going to have when India and China spectacularly implode from the unsustainable pump? Oh, yeah. When the hammer falls from the Chinese government it's gonna be painful. As soon Beijing figures out Bitcoin is the hole in the dike letting yuan flood out of the country they will have to take action. That will scare the Chinese markets and cause a dump that will make your head spin watching it happen. If only we could predict the day that will happen we could get famously wealthy and still buy back every coin we sell. So this means its not time to celebrate yet because there are still possible events that might happen into this thing.QuestionAuthority was right when hammer falls to them they would surely feel that one.Seeing on the news im really glad that they are deciding to completely move into bitcoin but im still hesitant on this one. |
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Well, as expected. Bitcoin is really popular right now. Thats why i expect it will be on news. Bitcoin is now conquering the markets. We all can see that. The price says it all. Bitcoin is operated by big whales. Thanks to them, the bitcoin craze never stops.
Looks like Bitcoin is doing really well and that is just a great start to the new year. With the price rising by a huge amount, I am not surprised that Bitcoin is everywhere on news websites. Hopefully this is just the beginning to a great currency. We should really say that this is just the beginning since we are just on the earliest years of bitcoin and now people and companies are already seeing bitcoins existence and for sure they will got interest into it and might adopt it easily and if this thing would happen then expect the price would even rise even more in the long run. |
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