Bitcoin is a way to make profit along with knowledge gain. This sometimes goes out of our predictions causing failure, but one needs to trust that the price pumping is assured. Not only with bitcoin, everywhere when we experiment we get the output and from that can learn how to be successful and what needs to be done to overcome failures.
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I have been told that don't accept payments via paypal, is that right? Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.
I think so. bitcoin has a lower transaction charge and much faster comparing to paypal. paypal requires a lot of papers and stuff to create an account but bitcoin just need email address to confirm your identity. That's wh I stop using paypal too since I'd learn how convenient to ise btc wallets. Havinv paypal can be good sometimes in buying online stuffs since btc haven't used much yet on this phase. But once it is allowed to do so ,I think paypal will be no use for me. Certain features of PayPal makes it an more trustworthy platform for transaction requirements, though several people describe that it has scammed them and so on. One such feature is the payback guarantee and the cross border transaction opportunity available and this is used in large scale by business people. Bitcoin is used much on large volume transactions.
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I will borrow money from my friends or family if I am in desperate need of money as I don't see any other fast method to get money instantly and only borrowing can take care of the situation and if you borrow then you need to make sure that you return them money on time.
Well, each and every users tend to borrow from friends and family during desperate needs of money. Later this gets turned towards other ways of getting money through lending services or loans when friends and family don't give hands. Always having certain amount for desperate needs is a wise way to be on the safer side than depending on others.
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As Op has described each and every digital token market trend were found red. This is the indication of the fall in the value of the asset, also till now none has a clear statement for the ongoing price fall going below $4000. Now the whales could have started investing while the small volume holders starts to get panic and tend to sell.
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With bitcoin we cannot fix particular price to be perfect, because with bitcoin we don't have a stable price. It keeps on varying from time to time and growth happening with accordance to the adoption happening as a whole as well in terms of individual active participation into bitcoin usage creating more market value to the digital currency market.
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Bitcoin price has started to move forward once again. This is also an reason for the increase in the bitcoin transaction fee, in this scenario people has the mentality to accept the growth and not the transaction fee. Hope the fee increases with time depending on the growth happening with time. I don't find this to be a much bigger price, in some cases small transaction makers will suffer while large volume transactors feel comfortable.
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I disagree. Bitcoin will open more opportunity in the future and more jobs in this field. The real threat for job employments are AI and not bitcoin.
I know right? Even now there are companies and factories that are making a development by removing the people and replacing them with bots. Still that is just the start, I think in the future, bots will be the one doing the jobs of a common people, well, they are efficient and have a low risk of having the item made defective. Yes, bots might reduce the employment to certain extent because however things get automated depending on the growing population the requirement increases. This will provide opportunities for the people who have been focused in finding a job. Hope the growth will be big generating employment. Maybe in future bitcoin generates more profit.
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No bitcoin is not instant because, for some people it's need efort and for some people it's need high funds like miner, trader or whatever.
True. Bitcoin requires patient of the investors. It takes time to be rich. No one can deny the benefits of Bitcoin, no one won't regret investing Bitcoin. Bitcoin will always bring high profit to investors, you will gain more income. As mentioned patience is a must to get better profit, being rich through bitcoin is possible. Bitcoin continues to grow with regards to time, so the more you hold more will be the profiting. With some users just because of the luck and the increased volume of investment makes people rich instantly even if small price growth happens.
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With such a big volume of bitcoin in hands, now itself he's a millionaire. As of now the price seems growing and in future the growth will be very big as one by one more and more countries were getting into bitcoin usage. So in reality based on the upcoming days market situation, he might be a multimillionaire.
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Most users gave this dilemma whether to go for it or not, which is purely on the volatility of the bitcoin compared to the assets such as gold, platinum and so on. This thinking goes out and gives a relaxed mind insisting to buy more and more when the user himself experiments and gains a small profit through the same.
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ICO ban was implemented and the same has caused a fluctuation in the price. Few day back too there was a price fluctuation and people panicked of the sudden drop in price which recovered in a short. Now once again a big drop has taken place, but this keeps fluctuating without moving down beyond certain limit of price which seems to be around $4350.
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I dont reveal my plans but I will cashout all my BTC when it hits 100k USD. The ride is going to be long and fun.
That's good to hear, most of the users focus towards such a growth in price. Already several experts have predicted such a big price as well people the adoption happening with time surely leads the price to reach much higher. Even now the maximum value that was predicted to reach is $500k.
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Can anyone tell me what is happening to Bitcoin? BTC price from 4660 dropped 4k1 and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.
hold first. I think this is normal and still safe. situations like this I think are only temporary and will definitely return to normal within a few hours or days. The price seems fluctuating and today it's a drastic fall compared to the drop in price that happened few days back. In a single day the price has fallen more than $350. This won't continue for long as the recovery of price is expected in a short time after dump causing a price pumping. Today the entire list of digital currencies were experiencing the same issue.
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certainly can and bitcoin has spread to all countries so anyone can have or learn about bitcoin and I'm sure the future bitcoin can be used as a legitimate currency and can be enjoyed and used among the public As the user mentioned bitcoin have been getting spread around most of the countries. Very few countries have officially banned bitcoin and people from those countries too use bitcoin through different VPN and other bypassing services. There is no restriction in usage of bitcoin, maybe in future things might change.
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I usually buy more or hold, never sell when prices are falling unless the coin is dead.
Most of the time when the price falls, people keep hold of the coin and try to buy as much possible. At times when price shows unexpected drop, users tend to sell the coin rather than holding. With bitcoin one needs patience as well a perfect plan, only then cashing out and profit making happens in the right manner without much complications.
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Very few casinos gives access for users to make investment. This might give a sustained earning, but the profit you make will be very low compared to the profit made through other investments or on trusted ICO's. Based on these fact, it's good to make the right decision and profit the best possible.
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Everytime kwukduck comes with a realistic prediction about the bitcoin as well the reasons behind the fluctuations happening with time. This time I don't find this to be an accurate prediction, because the price keeps on growing mutually with bitcoin as well bitcoin cash. Even days back when price decline happened, each and every coin including bitcoin cash was dropping.
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This question has been discussed allot already, There is no effective strategy and making profit from a certain strategy regardless of what it is is purely based on luck, hence, if you are following something and making profit from it then it's luck, but no particular skill or mathematical edge.
True! We can come across people who claim to use strategies in dice game and find a lot of articles on Google related to it. But the gamblers who actually play this game are very well aware of the fact that there are no tricks or tactics to win dice. It just involves luck. Nothing more, nothing less! People are trying to find winning strategy in Dice game, but no strategy will work fine for the long term. Some times it will work, but it is not based on strategy it is based on our luck it will work. I also try to make new strategy whenever I play this game just for my satisfaction, but the result should be same. With gambling there is no specific winning strategy. For each game a specific strategy needs to be developed and just few people will succeed in it. It's good to play based on the luck rather than on the strategy. When it comes to sports betting, user might get of implementing some common strategies that are successful.
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If you go through the life of leaders and common people, surely most were successful in terms of wealth or in terms of knowledge just because of the perfect time management. With bitcoin earning time management is much required as the price variations happen in a very precise manner.
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Scams related to bitcoin can be easily identified, because majority of the scams promote services providing profits in multiples in a days time or two for the investment amount. If you make a research about the availability of the list of scams, you could find lots in the name of investment and cloud mining.
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