And my milestone and expectation should start now. The price can go higher now and be possible to move forward up to $1,500.
I'm believing that this slow increase of bitcoin will be continuous and no one will interrupt it or any other some sort of disruption to make the price increase to stop.
don't get hasty! price just went up, and a $400 rise to $1500 needs lots more time. it won't happen this soon. specially since there are lots of things still going on. with the China situation coming to a conclusion soon and then the ETF fate being decided soon too. these things can swing the price around for a while and we know bitcoin traders love nothing more than these types of swings to accumulate more bitcoin for the next rally.
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This type of thing happens pretty often and the people that use Bitcoin BTC should already know of the consequences of sending money via Bitcoin.
what consequences? there shouldn't be any consequences to begin with. if the block size is increased and if there were no spam attack there should have been any problem at all. The transactions could get quicker if the person pays a large fee ($6.00+). Yet I know it would be easier if the person purchases an item with a debit/credit card, personally that feeling of paying with the computer is pretty cool.
bitcoin is not about "paying with a computer" if that is what you want then use credit cards online. and also using debit/credit cards has 0 fees when purchasing stuff where i live! and if we end up paying high fees, crazy like $6 or even 1-2 bucks then that would be death of bitcoin as a currency. If anyone wants faster transactions while paying low transaction fees then visit this website to accelerate the transaction: https://www.viabtc.com/tools/txaccelerator/ viabtc is a good service but it is not a solution. it is a temporary get away if you are lucky, since they have small portion of the hashrate and obviously mine few blocks a day. we need a serious solution for the block size and also fighting spam attacks.
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betting and gambling are the same but two different words. use a dictionary to find the definition of them!
but i guess your question is wrong. you should be asking whether to bet on sports or bet on other games such as blackjack? in that case my suggestion is to only gamble (make bets) where you enjoy more. it can be a dice game or sports betting or poker or blackjack. as long as you enjoy the game nothing else matters. but also if you enjoy when you win more often, then choose the game that is giving you more wins! in any case you are the one who should choose the game based on the factors that are more important to your personal preference.
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forget about China inspection now, price broke the $1100 resistance. China and their public bank and what it says has started to get less and less importance, they are out of the game and even if they weren't the FUD of an "inspection" can not last forever, you can only use the same approach for FUD a couple of limited times not forever! and right now we are on the rise and nobody talks about the inspection. and inspection is in progress
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banks aren't known to be friendly towards bitcoin, because mainly bitcoin is their competition and they can not make money from it either because they are not offering any services for it or they are prohibited by law to enter the bitcoin market. as a user they may not be harsh towards you if for example you use the bank to deposit money on an exchange and buy bitcoin with it. although your account may be flagged if you deposit a large amount for money laundering.
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Please suggest me. what's news on poloniex -Steem coin? Day by day it's going down. Can be it's delisted from poloniex and scam coin? I bought 15k per coin. Now value 11k
welcome to altcoin trading! this is a common thing happening to 99% of the altcoins, they die because of their pump and dumps and so many other reasons. and mostly because they have a bad design whether it is the coin itself or it is their supply and distribution. for example in case of Steem it has always been a nice idea but a bad design, specially with lots of giveaways they did back in the days, and the big supply of this coin. and now it is on a downward slope and slowly dying.
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at this point making profit with Dogecoin is much riskier than any other coin. we all know that the price of it is going down and there is no stopping that because of the huge multi billion supply of this coin! and the risks come from the fact that price is too low and when numbers are small any small change (like 1 satoshi) means a big percentage difference.
so for example if it goes from 20 to 19 satoshi you will lose 5% of your investment easily! and this is never true about higher price altcoins for example litecoin if goes from 0.003 to 0.003-1 satoshi you don't lose anything!
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people usually don't go for signing up with affiliate links because they don't get anything out of it and some of them even remove the affiliate link and go at it directly because they are that greedy and don't want to give anybody else anything.
the solution to this problem is to start a service that you can start offering them something in return. for example from the amount you earn from them every day you tip them back a percentage of it. if you offer some good deals and stay honest you can find some good affiliates that make you some money.
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This would really be a new record i guess since we are now on 1k point without any dropping as of this month and it able to manage for how many weeks.As other members said here this would be the new floor of bitcoins price and if it drops it wont decrease too much i guess.
the record that you should take a look at and the record which is really impressive is the fact that bitcoin price has been rising consistently for a couple of years now. $1000 is just another number on the way up. and it is not even a single number which is important. price is different in different currencies. for instance it is 1058 in USD it is 1000 in EUR it is 1410 in CAD it is 59771 RUR it is 7153 in CNY
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So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc. But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be? Any facts or thoughts?
well from the beginning (as you can also see in the bitcoin white paper) bitcoin is called a digital peer to peer cash. so it was meant to be used as a currency and as a decentralized one without any central authority like banks. also in the beginning there were no limitation on block size. which means bitcoin could potentially handle limitless number of transactions but there limit of 1 MB was put there to prevent spam attacks. but in my opinion this doesn't mean bitcoin was supposed to be used to buy groceries! you can use fiat for that.
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the explanation is simple. open an exchange website, and check out at least 100 cryptocurrencies and now see which one of them have been around for 5 years. you will be surprised to find out how that number is small. now see how their prices changed during the time they have been around. now check for 500 altcoins.
it is always possible that you buy an altcoin at $0.01 and it goes to the moon in 5 years and you make a fortune but the possibility of that altcoin disappearing is much higher. the only thing that has a better possibility to rise is bitcoin and nothing else comes close. some altcoins such as LTC and XMR have some chances of staying around and maybe rising a little but again the chances are low.
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Usually I just gable for fun and whatever I win I rain there to my well wishers or I just cash out and save those bitcoins if the amount is significant.
Next time when you win again, don't rain to people. They just pretending to be like "well wisher" to hope they can get some rain from you (They are only beggar, i have seen many people like this). Better save for yourself or do anything else with your winning like this guy will do I would probably re-invest most of the winnings in another business/investment
Its good to invest if you are on a winning or you probably win the game but be sure that you invest to the right thing i mean to not scammer investment site because there are so many investment that is scam so be careful. well, it may be good or bad, it mostly depends on the situation. sometimes investing more leads to getting more greedy and then ending up losing everything. but at the same time, investing more (meaning adding your profit on top of your bankroll) means you can have a much bigger bank roll and make bigger bets which then also means winning bigger amounts and also the ability to sustain a longer losing streak and end up winning all of it back. so in the end it is up to you to decide which one of these approaches you want to take towards your bankroll.
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that's right its always risky when gamble chances is to small while in investing you still have some chances especially when the investment is legit and there's real progress and you already study the platform unlike in gambling you always in the downside and possible to lose from time to time.
Investment is not really legit because there is some risk as well dont forget that there is nothing that is legit in this world especially when it comes to investment because you might not know that some thing might happen in the process while you are investing but still it is safer to invest rather than gambling in casino you are so negative in the meaning investment and probably have more than enough high standards. in fact there are many "legit" investments out there that we can trust and invest in, that doesn't mean the risk is zero but also it doesn't mean they are not "legit" and can not be trusted. whenever we are talking about money and investment, you always do an assessment of the situations. you weigh pros and cons against each other and see what are the profits and what are the loss cases. then decide if pros are more or cons.
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my answer to if price goes to $2000 is similar to if price goes to $1000 i am not going to sell unless it is a bubble!
and it is easy to spot a price bubble in bitcoin, it is always after a sudden rise which happens in a short time and also on charts it is viewable as a sharp rise. and it always corrects itself with a smaller portion of that rise. in any other situation i am holding my bitcoin because it is worth way more than these small numbers.
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it is not a fact, that is called an speculation. and as much as i like to agree with a one million dollar bitcoin i can not see that happening in the future. prices around 4 to 5 thousand dollars is more up my alley of understanding because they seem real in a couple of years but anything more than that requires a much longer time (20 years+) and when time is longer, prediction is much harder.
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KingDice looks like a winner ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too. take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines. but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again. in short i prefer a small but steady profit than something that swings around a lot.
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Why a person will invest in another cryptocurrency?
it may depends a little bit on the altcoin that you have in mind. but majority of people are investing in altcoins to make profit. that is why you don't even see them looking for a wallet of that coin. they just buy at exchange, keep there and sell there also. but there are some altcoins such as Monero that have some real world usage too, which means you can use Monero to pay for stuff and reach some higher level of anonymity. [just an example] What do think will be the features which a person will want in another currency.
that is a different question. the features are so different. sometimes it is anonymity but it works for some altcoins and don't work for others. sometimes it is staking and the same story and so on. Do you spend in new coins for the future profit or something else are there which make you interested to invest in a new altcoin?
to be honest i am only sticking to bitcoin and don't care much about anything else. i just trade altcoins and hold bitcoin.
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Increase btc? Buy btc or do stuff for btc, trade, gamble or whatever. But the easiest so farm and the most effective is just buying it outright from the exchanges and then letting the value grow over time. Also, if you are into sports then why not use your knowledge into sports betting and get those btc that you ever wanted?
not such a good suggestion to tell people, gamble to make more bitcoin. gambling should be considered a game that you play and have fun in my opinion with the chance of making some money out of it also as a secondary option. although sports betting is a little different but it also falls under the same category. for money making you should always try legit jobs and investments, for example you can even invest in a casino's bankroll to make some profit from the house edge and people who gamble at the casino.
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the funny thing is that when Steam didn't accept bitcoin, i was a gamer and wanted them to accept bitcoin, i even asked the support team multiple times and they always said we are considering it. but when they finally added support for bitcoin payment, i was not much of a gamer anymore because of life and being busy in general. although i have topped off my steam wallet with some bitcoin and i think i still have balance there about 50 bucks remaining that i have not yet spent!
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it has been said more than a million times: don't keep anything on exchanges but people never listen. it is not just about them running away or getting hacked now, it is about government closing them down. in this case it may be temporary. besides there were enough time for people to withdraw in the beginning.
They will enable the cashier feature in next month, not permanent shut down, it is definitely temporary if you read their announcement. The price is stable, not dumped by this news. since when do you trust an exchange announcement? i am not saying they are lying or they will close down permanently, i actually agree with you but all i am saying is that Cryptsy was telling its users that they will open up withdrawals and allow people to take their coins out. they even released a list of altcoins you can withdraw but in reality nothing could be taken out of the exchange after they closed down their site.
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