Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
Here are the major bitcoin advantages 1. instant transaction 2. privacy and security 3. decentralized currency 4. global payments and acceptance 5. limited supply of bitcoin and volatility |
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Yes, I think it is a great idea to start saving bitcoins for the kids. If you have a child, it is going to be great to save some bitcoin for your child's future. If you save bitcoin for your child now, imagine how much the value of that bitcoin in the next 20 years? I guess it is going to be huge and it will help your child to secure his/her future.
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why I got 'not enough posts' on the signature spreadsheet? why is the signature spreadsheet is not updated up to now? Leaving Hero signature campaign today.
I saw the signature spreadsheet is been updated now and why is still got ' not enough posts' after I've worked on this campaign for about 6 weeks. Update my details Signature Spreadsheet #215 @ColorlessK - Fix the error. thanks You guys still didn't update the error in the signature spreadsheet. may I ask why? |
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It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history. The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that?  I think if it will continue every day so bitcoin will comeback again and also some other crypto currencies so you can trust not only bitcoin but also many other crypto currencies . of course, we must first accept what we get before we make plans for the future. Tell me, what do you prefer? the little growth day by day or just lose every day. I believe what we've seen today is a good thing because the bitcoin shows us a sign of a little development from the market. |
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I always prefer bitcoin than the altcoins because it is more stable and less risky than other cryptocurrencies. I also like to invest in some altcoins for long-term e.g. Ripple, Cardano, Tron, Stellar, Nano, and EOS.
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Have you guys ever think to how long is bitcoin will survive in this world ? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those thing. Just wonder to know.
Well, I think the bitcoin will survive for a very long time because it is on the internet and I see the internet going nowhere. Bitcoin is a digital currency that is revolutionizing the world financially because it is fast, secure, decentralized and acceptable worldwide. Bitcoin has become of one of the successful inventions of the 21st century as a result of that I think the bitcoin will survive for at least 200 years. |
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Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
If I own a bank, I will be issuing the same warning. It is obvious because crypto currencies or digital currencies that we know of don't need banks, we can save them without their help. When you think of it, if bitcoin, for example become stable, they will be using it for sure, so the money that is entering the banks will stop because as I said, digital currencies can be saved without banks. Both the governments and banks are afraid of bitcoin. they fear bitcoin will take over their businesses in the future. The bitcoin will take their business because it provides what the banks fail to provide. The bitcoin transaction is instant, faster, cheaper compared to out traditional bank transfer which is slow, expensive, and centralized. |
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Looking for best way to store bitcoin wallet long term ?
The best way to store your bitcoin for long-term is to buy the hardware wallet (e.g. Ledger or Trezor wallet). Hardware wallet is the most secure bitcoin wallet out there because it is completely off-the-grid wallet. No one can access it but you. |
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Social media is good for promoting new products more especially new technologies such as bitcoin. I think promoting bitcoin on social media e.g. Twitter, Facebook, and Instagram will make real sense and it may also help get more people into bitcoin. And you know the more people invested into bitcoin the more valuable the bitcoin is going to be, cause it has a limited supply.
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I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?
Nope. Bitcoin is the king of cryptocurrency and paying for high transaction fees will never be a problem once the Lightning Network is ready. even now with the SegWit fully support by bitcoin core, it reduces 90% of bitcoin transaction issues from paying high fees to slow speed. The Lightning Network will solve every bitcoin issues and the bitcoin transactions will be faster, cheaper, and smoother than ever. |
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I think bitcoin price will grow to reach at least $9,000 by the end of the April. The reason why bitcoin price goes down is due to a powerful market correction but thankfully the market seems to start recovering today. Hoping to see good outcome by the end of the April.
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Using hardware wallet is the best way to protect your bitcoin from hackers. Hardware wallets are completely offline where only you can have access to it. With hardware wallet, your private key is also stored in the wallet. |
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It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history. The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that? |
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I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  That is a good idea, for me too. when you are HODLing bitcoin at this time it is quite painful looking at the bitcoin price. it is better to focus on other things and forget about bitcoin for now. From now on, I'll be checking the bitcoin price in between 2-4 weeks. |
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Buy when market is Red, a trick to successful trading. Also dont put buy orders ahead of time.
All smart traders and bitcoiners known as HODLers buy the bitcoin dip and sell at the bitcoin price boom! The secret is to buy low and sell high. |
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The bitcoin price manipulations by the governments and big banks which referred as the cartel are real, there is no doubt about that. But I don't think the cartel won't let the bitcoin price drop below $5,000 as the bitcoin started the major bull run when the bitcoin was selling around $6,000. The bitcoin started getting a major pump when it was around $6,000 - the majority of the cartel must have invested when bitcoin was roughly $6,000 that is why they won't let bitcoin price drop below because doing that means losing their money too. BTW, the bitcoin will never go back to $1,000 no matter what cause the cartel are smart and also after profits too.
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The bitcoin price is determined by the market demand and without it, the bitcoin price is dropping down to zero. The bitcoin has a self-stabilizing economy where the bitcoin price in the market is based on what buyers are willing to pay. Once the people stop buying bitcoin then the bitcoin is nothing but history.
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Bitcoin is a digital currency which can be used by good guys or bad. There is no doubt, criminals are using bitcoin and likewise the good guys. The good guys can use bitcoin buy things such a car, house, flight ticket, ebook, e.t.c. and criminals can also use bitcoin to buy hard drugs, malware, unlicensed firearm, e.t.c. The bitcoin is a currency for the people. thus, everybody has a freedom to use it the way they want depending on what they want.
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Bitcoin really needs social media promotions on social sites such as Facebook, Twitter, Pinterest, and Instagram. Social media promotions would help create more awareness about bitcoin. The more people know about the bitcoin the better and the more valuable the bitcoin is going to be due to high bitcoin demand. and high demand may help boost the bitcoin price to another level.
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All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
It is called the market fluctuations not pump and dump, my friend. In every market, whether stock or bonds there is a time when the market is going up and over time the market will drop again. it is absolutely normal for the market to go up and down. You need to learn to ride with the tides. |
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