Every investment needs to take a risk.If your mindset is that if you joined bitcoin to become rich then just quit because its not that easy to do.Success came from hardwork and theres no successful businessman that doesnt take a risk.So everything need to take risk to achieved all you desired and to be successful.
Actually if you will put into investment in bitcoins well, its very normal that once you entered investment your money or normally your in risky situation but remember if you will afraid in risk you will never succeed,just like in ordinary business you need to overcome the risk to survive. Yes, you are right my friend, you to take the risk if you want to gain a success, because investment in crypto is needed to be patience all the times. The price of crypto in the market is just like a wave in ocean sometimes it's bump up and sometime it's dump to the lower level. That 's why you have to be clever and need be wise. |
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Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.
In this situation how can we explain that what is real bitcoin?
If I encounter someone who really confused about bitcoin. I well explained to them and to prove them that they are wrong to judges bitcoin as an illegal thing. I'll teach them to learn more and expand their knowledges about the importants of bitcoin. |
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What is the best and trusted wallet for lots of altcoins?
As my experience because until now I still use this Wallet account, the MyEther Wallet I feel safe and comfortable to use this wallet account. And it is very friendly users, but I have also practice being a responsible to my account wallet even if I feel safe and secured to this wallet account. Because no matter how secure and safe that wallet account and if the user's are very irresponsible it can be hacked to the hacker's due to the carelessness to the user's. |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
I think no one of us wants to be a victimized buy a scammed that could led us to lost our money. But there are some reason behined why their are still people patronizing scammed project it's because they have lacked of knowledges about how to select legit ICO. They have no idea if that ICO is a scammed or legits. That why they need to study first about the before choosing the ICO program. |
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Some people like to compare crypto with the tulip bubble phenomenon before. My thoughts:
First of all, the phenomenon of tulips really does not exist nor can one prove, there are very few documents that exist today.
Secondly, tulips do not last long, are not scarce, can not be programmed, can not be used for transactions, can not be verified, can not be divided, are not the solution of the problem, and hard to move.
Can not compare crypto with tulips.
Their is no comparison between Bitcoin and Tulips, bitcoin is digital money currency that's provides people to gain multiple income through their investment. And bitcoin has a very big help to the economy in different country's. While tulips is a kind of flower that has no effect to the economy. |
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I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
As my opinion their is a good news and bad news about the government regulation in cryptocurrencies. The good news is... if the government regulates cryptocurrencies the scammers can not easily penetrated because their is an agency that looks their credibility if they are legits or scam. But the bad news is... when their is government officials abuses his power to manipulates the price of cryptocurrency. |
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Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
Great's news to hear, this developement is good because the biggest stream of social media the facebook is now accepting BTC as a way of payment. We all know that facebook has many followers and with this progress many people has been educated and learned about BTC. |
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May be this year is the worst year for the crypto. market is very uncertain and no one knows the reason All we have is just a "hope" do you really believe that crypto will revive again.. i am losing hope now
My friend to much eagerness can lead you down, so don't be panic about the blood bath price of crypto because It's just a normal situations. Just wait and observe patience because the price will inflates again. |
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Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
I think bitcoin encounter big problem if this happened government allowed to ban bitcoin.especially when they push to block the all sites. Their is totally no transaction to be done because all sites is dead. But I think this won't not happend because as we see and heard the news their are a lot of progressive country are now using bitcoin. |
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What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
As of now the value of bitcoin is not as high. The price is in the ranges of decreasing because of some issues. But I think maybe by next month coming the price of bitcoin will recover and back to normal. |
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We have to wait for the right time to sell, just maintain your trust in crypto because soon the market price will back to normal and it will bring more fruitful compare to the other year. So tay calm and relax do not push your self to be panic because it will lead you down. Just stay positive if you want your investment in crypto gain a success. |
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It seems that investors got tired of ICOs in the last months. Do you believe that ICO hype will come back soon?
No I can not say that investor's are getting tired to ICO. Even if they incounter scamming but still a lot of investor's who always want to invest their money in ICO that they want to choice. |
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Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ 
What do you think? How low bitcoin can go? Just hodl it Hold is the best strategies to earn more profits in bitcoin. This is the way I handle my investment in bitcoin. I always keep on monitoring the price of bitcoin in the market cap. and if I see the good chance to trade my bitcoin then I sell it right away and earn more profits. |
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I really wonder to some people who think bitcoin is a ponzi scheme. It has made so many people rich and doing better till now.
But I don't understand the reason behind this type of thought?
This people are lack of knowledges about bitcoin, that's is why we can not blame them why they treated bitcoin is like a ponzi scheme. But if we help them to learned about the important information of bitcoin we can assure that this people will realized and remove their fear to invest their money in bitcoin. |
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Looking at how BTC is and its ability to increase, I have seen people posting all all over the forum that can I buy now, is this the right time to buy and many more. To me I think every time is the right and best time to buy BTC so we should go on and buy any amount we want to and stop all those post because when you buy now there will surely be a time to come where it will increase in price for you to enjoy it. We can buy and sell anytime and anytime is the best time. What do you think guys? Any suggestions?
Absolutely yes, there's is no official time to sell and buy bitcoin, anytime we can buy and sell our bitcoin. Its our decisions when we sell or buy our bitcoin if we see the price is better then we can sell our bitcoin right away and if we see that it's a good time to buy bitcoin, then we can buy it immediately. |
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Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
I think the reason why their are some other country's did not allow to use bitcoin as of now because they need to study first what is cause and effect of their economy if they accept bitcoin as legal. They might be think that bitcoin is not good for their economic growth.or maybe if they found out that this creation is very helpful to improve their economic growth maybe that's the time they accept bitcoin as legal tender. |
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stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion.  Our success is also base in our decisions. Once we take actions and do not think and decide it properly, the bigger chance of failing. So, stupidity might pull us to the bottom, to poverty. So one must be smart enough in taking decisions. |
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. Their are many people still wants to buy BTC for their investment because they always experience good enough profits, and they always believe and trust BTC to make their life better. And for them BTC is the answer of their dreams come true. |
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Goldman Sachs: Bitcoin can be useful for a troubled economyAccording to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy. Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided. Goldman Sachs experts: crypto-currencies can help the troubled economy
I am very appreciated to the man behind who creat bitcoin because this creation bring us hope to become a rich someday. And the reason why I say this because I have a proof, some of my friends are now rich becuase they earn enough money through their investment on bitcoin that is why I always believe that bitcoin is very helpful to a trouble economy. |
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https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/In this article we can read that a new breakthrough in bitcoin economy is realized. We are always talking in this forum of the possibility of workers being paid in bitcoin or in any form of cryptocurrency. Finally the government of Costa Rica is now on the move of making that dream a reality by legalizing cryptocurrency as part of the salary of the workers. The real question is, if this trend will become successful in long term or will not last long? This is a good news to be spread, Costa Rica are now adopt and legalized bitcoin as their way of payment in the salary of their employee's, this is mean's that bitcoin is qualified as a new digital money currency. And I think the other country's are followed also about this development. |
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