Great news to bitcoin holders, because at the present, bitcoin jumps up rapidly like a rocket, we surely hit the expected value. Ones again another breaking record in the history of bitcoin, Its nice to hear more millionaires comes our way.  There are so many good news not just for the bitcoin traders but for all those who are associated with bitcoin one way or the other. The mist important news which is making everyone happy is that with each passing day, the market value of bitcoin is increasing significantly. Moreover, the number of investors getting into bitcoin is increasing. |
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When people sell large amount of BTC for fiat, supply increases and prices will proportionally go down. And I think when this happen, the last group will be receiving the cheapest value of bitcoin. There will be no instances that they will get the same value and I think those who will convert first will be experiencing slow transactions. I think it will be a long line.
First thing is it is not at all possible to see such kind of thing in the future. In case, there comes a time when we experience such kind of scenario that all the people who owns bitcoin and other crypto coins convert their money into fiat, then it is not possible for crypto coins to survive in this world. This will result in loss of value as well as market price of bitcoin. |
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I sold today hope it wasnt panic sell but charts looking not good and market also.
Standard only, I will sell it periodically (when the prices is going up). This is my strategy and I do this after doing the analysis in several markets and reading news online, Only then did I make a decision. It was really hard to wait but i think it will be worth since the value in the market is now increasing again from the tragedy dealt of ico's in the china being banned. People and company who invest last month gained 100% profit today since the price go back to normal again. I feel you mate - it is really not that easy to be patient to wait to sell your altcoins especially with the prevailing reds and bad news against cryptocurrencies but it is worthy of noting that the more patient we become the more rewarding will it be. Just like what Warren Buffet said that the one who will be going to earn more in cryptocurrency world will be the one having most patience... Patience is indeed a key to success. If you are not patient, then there is no way that you can make good money and that too from bitcoin. I am personally not in favor of selling my bitcoins till the time I have some other way of meeting my needs. In case, there comes a situation when I am left with no other option, only then I go for selling. |
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I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise ) Of course, only a low level of the day, weeks or even more. In general, when there is something to buy, and this makes sense. But it's never worth hurrying. One must understand clearly that it can fall more strongly and then the price will be more acceptable and spending and risks less. You need to buy you will know the prices it ya important for the process. If need buy you check the prices in the low the you will buy it ya beater to way for the processing and you need to sell bitcoin you check the prices increasing you sell it ya get the more profit of the gaining. It need growth for your future life. Yes Buddy. I agree with you point. If the price of bitcoin reaches the maximum value means ,it's the best time to sell the bitcoin. You Know will reduce some time. If so means, That is the right time to brought the bitcoin. Only if you not depend on that Money means, you can inverse your money in bitcoin. There is already an efficient, standardized rule in the world of business either it is of bitcoins or gold or any other thing. You have to sell when the price seems enough to stable at peak point and best time to buy is when you better know that price will just rise after this down value. You just have to be careful while deciding buying and selling times. The bad thing is, there are still many who can't distinguish when does the price "seems to stable at the peak" and when the price "will just rise". I consider myself to be one of them. So what I do is just buy in dips and I don't ever sell any amount when I don't need the money yet. That way, I am sure I still have my fortune. There is no reason that we can deny this fact that the best time to buy bitcoins is when the prices are falling down. This will help you buy more bitcoins in less amount of money. One more important factor which plays a vital role in making decision of buying is the amount of money I have in my pocket. You can only buy when you have enough capital. |
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i think you made big mistake when you bought at 600 sat, but you still have a chance to see the price is increase but we don't know when the time is come. if you still confident with that coin, just hold it, wait and see later. the important lesson here is don't take all of your trust because of the pump and its only happen in one time, you need to check the real price of the coins before you decide to buy. many of us is trying to chase the coins when its high, just expecting that we can make profit but actually we are not make profit at all.
I agree with you, you should not buy at 600 satoshi and that is a mistake, but because it has been bought I guess you just have to decided to be sold with the risk of lost or holding the coin and waiting for the price to go up but do not know when, my advise please do not panic buy just because many people bought when the pump price, better wait until the price down, hopefully be experience and not make a mistake again, Good Luck I have learnt this thing from my experience and that is you never lose in the world of trading. You either earn profit or you learn some experience. If you ever suffer any loss and that too because of doing some wrong decisions, then you need to learn from your mistake. It is the trading dilemma that most of the traders jump into trading without having enough knowledge. |
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if satoshi nakomoto mined 1 million bitcoins in early days. who own the second worlds biggest bitcoin wallet?  Actually i came across an article in which it says that were all trading with only 1 percent of bitcoin and other 99 percent is in hands of few people.I cant find it exactly just google bitcoin owners distribution. There is hardly any reason to deny this fact that there are only few people who can afford buying of bitcoin as bitcoin is one of the most expensive thing to buy in the present time. This is absolutely right that only few people are having most of the bitcoins in their wallets. It is not at all possible for all of us to buy bitcoin. Only the ones with good bank balance can afford doing so. |
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Actually, now is not right time, because it seems it will reach $6k.
Maybe you should wait some time until it dumps a little bit. But it also might be too late...
It is very much difficult to predict what is going to happen in the future. As far as buying and selling of bitcoin is concerned, there is one simple principle which you can help you in making better decision. Buy when the market price is low so that you don’t have to spend much of your money and sell only when you are going to get your desired amount of profit. |
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The much talked about ride is on, to bullish. Who is riding with it ......  Ofcourse I'm riding. I will support bitcoin with all my heart. I think it is a way to give thanks in everything that bitcoin helped me. This is just a small thing so why don't we support it. And we don't know what bitcoin can bring us in the next 5 or 10 years.As long as bitcoin is therr, we are there. It is not only you who is supporting bitcoin but there are so many others as well including me who are having full confidence on bitcoin. The way bitcoin is giving such a good opportunity to all of us to live a comfortable life, I think of bitcoin as the best thing not only for investors but also for the ones who are unemployed or cannot afford to invest in bitcoin. |
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First of all don't invest money in something that you are not willing to loose as there is always a risk.
Also spread your investments, diversify your portfolio.
Investment is no doubt a very risky thing but you need to invest your money if you want to earn good amount of money. There are so many investors who are making enough money by their investments. The best investment strategy is to invest in only that business about which you know well and then plan very carefully in order to make things in your favor. |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
That is possible to happen in the future because the crypto currencies progress is getting stronger and it is spreading worldwide. But of course for sure every government of every country would still protect the fiat system to be regulated. This is possible to happen in the future but not at all possible by the end of 2022. Still, there is only 1% of the population who knows about bitcoin. It is more than impossible for bitcoin to gain this much fame and popularity in such a short span of time. There are likely chances that the number of investors investing in bitcoin will be increased in coming days. |
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I don't think so. It's value might decrease depending on the issues that it faces but it's very ridiculous to think that it'll lose it's value except if it is banned on your own country.
In my opinion, there is no way that we can experience this thing to happen that the value of bitcoin is decreasing. We can observe this thing so many times in the coming days that the market price of bitcoin is decreasing but this doesn’t mean actually that it will result in loss pf value of bitcoin. Bitcoin is and will remain the most valuable coin of all the times. |
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I think bitcoin in 2022 is the most valuable coins of all time, because the potential of this coin is very very high, it is almost reach the highest value, i think in year 2022 the value of bitcoin is about $10k, and i think more people knows about this,
The growth of the bitcoin as you mentioned here no doubt shows that it will prevail in the world soon but in the next 5 years may be it is not possible. I think it will take some more time for all the people of the world to accept and use bitcoin. And for this purpose the awareness among the societies is mandatory. Otherwise it is not possible for bitcoin to overcome all the paper currencies in just five years. There is lot of uncertainty and instability in the price and it cause many people to avoid themselves from entering into the world of bitcoin. I realize it will take more time to prevail all over the world. I realize it will not be possible that all the people will use bitcoin till 2022, because many of the people still do not even know the word bitcoin. First all the people should need awareness. It is just the end of 2017 and still there are only 1% of the people who actually know about bitcoin. It is not at all possible to aware the remaining 99% of the population of the entire world in such less time. It is very much possible that the traffic of the people who will be using bitcoin by 2022 will be greatly increased but even then there will be so many who will not be knowing about bitcoin. |
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Indeed bitcoin can also be reffred as an intercontinental currency but orignally bitfoin does not really belongs to any country or any continent it is free from all the devesion we only require to treatment about it is that it is only a income and we will treat it as a income only which can be transfered all alongside the world
Bitcoin is no doubt very much capable of becoming an international currency but I think bitcoin is not meant for such kind of thing. The basic idea of introducing this bitcoin and other crypto currencies was to keep these currencies independent that is decentralized in nature. They were not meant for being controlled by some government or anything like that. |
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corruption can be done by anyone and anyone, so bitcoin can make money from corruption, it can happen because of the dishonest human nature that corrupts in any way.
If we talk about corruption and bitcoin, then I will say that it will not at all the bitcoin which will lead to corruption. It is we, the ones who are having bitcoins which will use bitcoin for the sake of illegal activities and corruption. Bitcoin itself is a very good thing. We actually need to stop bitcoin from being used on corruption and other illegal activities which can bring bad name to bitcoin. |
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Bitcoin may be worth more than gold currently, but I believe gold will eventually rise higher as well. Gold has over 10,000 years of history backing it, it isn't going anywhere.
The price of gold is being suppressed by paper gold, at some point in the future when people are no longer fine with accepting paper gold and want the real thing the value of gold is going to skyrocket and when that happens people will wish that they held gold as well, at least we have bitcoin but many people do not have bitcoin or gold. I don’t agree with this because gold has its own value in the world market. It is a solid shape of money. On the other hand bitcoin is a new digital currency and most of the people still don’t even know the name. It is not so easy for bitcoin to replace gold because of the trust and acceptance of the people all over the world. In the future the same will continue although bitcoin will be the mainstream. value are important indeed , but bitcoin are more than just about value , we can see that the current rate between gold and bitcoin are so contrast , bitcoin leading with huge value but it is just make people keep speculating about how they consider it as bubble. bitcoin are a digital money that you can spend it anywhere anytime easily , unfortunately yes only for limited people only while gold are well known already. and that is the big problem. But soon, people will know about bitcoin just like what they did to gold. When the first human was born, I do not think that he did know what gold is and how to use it. Therefore, bitcoin still has many years to prove that it can become gold and replace gold in the future. Bitcoin is better than gold in many ways. It is digital, so basically it cannot be harmed by natural elements like gold. And people right now tend to hold bitcoin just like other are holding gold  That depends on your specific purpose As many have already said (me included), gold and Bitcoin (as well as other cryptocurrencies) are used for different purposes. Gold as coins and bars, on the one hand, is used to store wealth, i.e. as a means of preserving value, while Bitcoin is used for speculation, i.e. for multiplying your wealth (and possibly losing it). As you can see, there is no competition between gold and Bitcoin, and the same investor or speculator can use and keep both without having a lot of cognitive dissonance Gold and bitcoin have nothing common in between. Like you said, both are being used for their own purposes and there is no way that we can make a comparison in between both. If you are talking about the stability, then gold is far more stable in term of market price than that of bitcoin. Whereas in case of profit, bitcoin has actually defeated gold. |
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I think if the forex risk is too high. I never lose money in forex if we play 100 $ in one time all will be exhausted. there is nothing left if our bitcoin can neutralize defeat in this bitcoin very positively in terms of bitcoin I think I just fall in love with bitcoin.
Forex trading is not that much popular as compared to that of bitcoin trading. You can actually make money while dealing with forex but the amount of money which you’ll be earning will not be that much high. Moreover, it depends on your experience and skillset as well. Till the time you are not master in forex trading, it is difficult for you to make good money. |
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
Actually i want to learn about trading becuase as my friend say that trading is a good way to earn more money but you i need to learn about this he said that when it pumps up try to sell but if i sell my btc or any coins please dont regret . Trading is no doubt the best thing and that too if you are trading in bitcoins, then that is in fact your good luck. As you said, you need to learn a lot in the world of trading and that is very much true. You need to learn how to study charts for making better decisions. Secondly, think very well before making any decision related to buying and selling of bitcoin. I think trading is not so easy as we think it. In fact trading is a profession, which required proper education and knowledge. Those people who do not have proper knowledge or education i do not think that they can become successful trader. For most of the time we see that inexperienced trader mostly lose their money, because they mostly do not have any experience or trading skill. For becoming a good and expert trader you also need to spend a good time in trading filed. First of all stock trading and crypto trading is quite different,in stock ,you can read graphs and predict the outcome more easly as compared to crypto trading.crypto trading depend only on market and hype ,whales dominate the crypto market so there comes the big risk of loosing your coin.crypto trading is more rapidly active than stock thus cause pump and dump series. We can predict the market price of the bitcoin but we cannot be sure about our prediction. We never know what will happen in the future. For buying, there are two things which counts. First one, whether you have resources to buy and second one is the price of bitcoin. For selling your bitcoin, sell your bitcoins when you are getting enough profit. |
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Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
No one if he didn't pass the private keys or his accounts username and password on web wallets if he is storing it there. What will do you mean? Is that the last will? Just state the information needed, importing of private keys write every single detail on a piece of paper or put that in a flash drive. And if he didn't pass it on those coins will be forgotten forever and no one will ever recover that. I love that security and safe mode of bitcoins. Even after your death if you don’t pass your private keys and passwords to anyone loyal around you, they all will be just a wastage. Better it would be and always be advised to have a copy of passwords and keys and let them know to anyone who is among top of your beneficiaries, else all your hard work will just ruined. Nothing will happen to the coins and they will remain in the wallet till the end of world because security system are well designed so that no one can use your coin without permission or without giving resources to anyone, and if someone is not living but owe the coins that coins will remain his, and best solution to it is sharing key with trustworthy person so that your loved one can use them in time of need. |
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It is foolish to regret that missed some opportunity in the past. It is always a chance to make conclusions and not to make mistakes in the future. Bitcoin gives you the opportunity to join the community at any time. Price for it is growing. I hope that this trend will continue for a very long time. The main thing that the bitcoin community had not broken the contradictions within.
Any person who come to know about bitcoin readily accept bitcoin and then do not go to any other economic community and remain loyal to this platform. The reason is that there is much more benefits to the people in this platform and the person remain happy with all the needs fulfilled. |
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Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
If you say that bitcoin is better than fiat for transaction, I won't agree. because bitcoin is a horrible transaction processor. It takes at least 30 minutes for a transaction to get confirmed. That's not fit for real world transaction. However, if you say that bitcoin is a better investment than fiat investment, then I will surely agree. Because the kind of return bitcoin can give no other real world investment will be able to provide. Bitcoin Is away better than all flat currencies in all aspects it gives its user room to earn transact and trade while sitting at home here as cash money is full of risk and stable price gives no profit to the owner, flat currencies are confined to the region where as bitcoin is versatile and it is accepted in all major parts of world no make decision at own which is better. |
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