now it is a time to fall down the price of the bitcoins and i also also think the fall of rates will continue to the end of this month and then it will increase .
That could happen if the altcoin market is still hot in the next few weeks. In the last few day, the price of altcoin has risen a lot. I noticed the altcoin market is quite hot for the last few weeks after the Bitfinex hack. Maybe people are losing confidence in bitcoin. People wants quick profits and altcoin is allowing them to do so at a moment and that is the reason people are investing their money in altcoin trading. |
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I dont have any reason for to dont believe to bitcoin day by day bitcoin getting stronger and it will be for future money system because of yes we should believe bitcoin.
yeah bitcoin is really going to stronger day by day and maximum people adopt the bitcoin in big amount ,i think they sure that bitcoin will be soon going to double its price that it will be too beneficial for bitcoin users in the future ,so it mean we strongly believe in bitcoin. The adoption has slowed a bit in the summer. It seems there is less congestion in the transaction network, it means fewer people are using it. As long as it is continues that would be fine mate, once a person has already adopted with bitcoin he will be interested in using it. Maybe some are just not so active but time will come there are things that would interest them then it would be easy for them to access their accounts to buy bitcoins. Its really hard to stay away from bitcoin once you start using it, as it hold so many qualities that helps us in many ways, and I don't think its possible with any other currency. |
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It is not an easy thing to get rich because you need to do some proper strategy and courage to be rich one day. If you think to get rich with gambling then it is not going to happen. Because I haven't heard someone did become rich with gambling unless you are going to be a stakeholder of a gambling site.
Absolutely right, because it is not like it that we seem it. When people say that buy the bitcoin because it is a easy way to get rich. No way if you have already big amount and than you invest in Bitcoins so you can say, it is easy to get rich but only for those kind of people who invest a big amount in bitcoin. That's being realistic man, I agree with you, we should take into actions our plans and ways to become rich. We always say that we can be rich if we invest in bitcoins but if we will not risk any amount as our investment to be rich would not be realize even the price will skyrocket. Investment is always have risk, so the risk is the way that must be taken if we want to achieve success. bitcoin investment also has a big risk, but a lot of people who put a lot of money in it, because it could benefit enormous. but of course it needs to be a strategy to minimize the risk. Bitcoin can also be risky in future but if you know when to withdraw your profits then it can reduce some risks, as we don't know how long bitcoin will survive so holding it too long can also be risky. |
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$564 is not a bad price to buy at. Since some people are saying it is better to get then while they are still below $600 makes complete sense to me, especially if you don't have any at the moment like me to be mad if it goes down any lower than this right when you make a buy.  Any price below $600 is a good price to buy now, I believe the price will rise this year or at least be back to the $600 level. Just don't hesitate to risk and gamble with the current opportunity to buy of the low price. The bitcoin price at the moment is below $600 which is a good opportunity to buy some coins. I would not sell my coins at the moment, better to save them. Prices will rise again. yeah I also think that while the price of bitcoin is still below $ 600 then I think it is a fixed time to buy because a few weeks ago bitcoin bitcoin fairly high price exceeding $ 700? and very likely the price will return to the high price? is it you want that high price? Definitely we can still see a good price of $700 this year, once the price starts to pump it will even surpass that amount. I like that the price is now very low because we have the opportunity to buy, just believe that the price will rise so you will not hesitate to do the decision of buying more bitcoins today. Yeah price is relatively low at at moment so we should buy some coins right now as even if it touches to $700 in this year we can sell at that time and earn good profits. $700 is very easy this year, I know we can see that price and we can make profit when we buy at the current price. Price is getting lower but not a big fall so I would say we should risk buying in this price. Any positive news could lead the price to rise again and I am waiting for the Chinese people to buy more bitcoins to see another pump. Yeah price will rise in the end of the year so I think we should keep on buying at this stage as price is really good to make some investments in bitcoins. I agree with you man, it is the best strategy now to keep buying bitcoins and consider it as our savings. I think holding it for a year is a short term investment which has the possibility of giving us a good profit. Just be serious on your goal in the future so you will be more encourage to buy more bitcoins. Price is low at a moment so no one will prefer to sell their coins at this stage, in fact this is the good time to buy some coins as it is predicted that price will touch $800 in this year. I think yes when see the price can't down to sub $550 it show the price have a potential to rise in near future. to be honest to see the price touching $800 are pretty quite hard. Yeah looking at the current situation of bitcoin I don't think we will see the price of $800 in this year as its taking long time even to cross $600 again. |
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it is very easy job women can easily be convince they just need some proof and they will start using bitcoin because they love money more than men.
They love money but not for the way to gather the money, because she always taking an easier way to getting money. I sure they will say to reject your offer about bitcoin because i think that is very complicated for her. Well we can't deny that most of the women are only for material things and money they don't care about any other thing. If you are going to give them gifts and fiat money with the exchange of bitcoin then for sure you are going to do it right. And they are going to be motivated if they are going to find out that bitcoin is real. Maybe some would be convinced and some wouldnt have any interest at all even how hard your trying to explain to them since most of the women dont like complicated things and all they like is to spend things easily and buy all they want and like. Motivating women is really hard to do. Very true to motivate women to use bitcoin to be fascinated with bitcoin. If they are interested they are certainly right to be easily taught to use bitcoin. But women are difficult interested in bitcoin. For sure many women would not get interested in engaging into bitcoin since they only knew fiat as a currency on buying all their wants. I agree convincing women to bitcoin would be very hard they only like simple things. Actually the fact is women are very used to credit cards now and they find it easy and convenient when it comes to shopping and they will never love to complicate their shopping by getting into bitcoins. |
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If I have 21 btc in my wallet then I will surely sell half of them when price will be around $1k and invest that money in starting up my own business which will take care of me in future.
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The idea is to actively use bitcoin as currency, but as it is right now, there are limited options in which you could transact using your bitcoin, be it in local shops or malls. With that, I treat bitcoin more as an investment rather than a currency. It would be nice if I could find the perfect balance and use both as currency and investment so I could somehow contribute to its growth, even if I have just a small holding.
Actually i think everyone start with bitcoin as a currency, and later on when they got experienced than they utilize the bitcoins in different ways like trading or investment, but investment is easy way so mostly people refer to invest the bitcoins. But i also use the bitcoin in both ways. Yeah when people started to know that they can make good money with bitcoin so they started to treat it as an investment but I think it should be also used as a currency for its better future. |
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that is very easy to tell to our girlfriend about bitcoin, but i do not think that they easily to convince to use the bitcoin because earning in bitcoin is very hard and boring sometimes.
Its not boring but its exciting to earn bitcoins but yes its very difficult to earn and girls hates difficult things to do so I think they will prefer to stay away from bitcoin. Exactly, girls dont like difficult things and for sure they would not be interested in earning bitcoin because as we all know earning bitcoin is a little bit hard and it requires time and effort in able to gain some of it. Girls only love in spending money not on earning it i guess. But we see in most of the countries women doing jobs life men, also they are handling their houses and children. And i think Bitcoin helpful for girls, because they can work with bitcoin at home and in anytime so if we explane the bitcoin for girls or girlfriends definitely they accept it. Its really important that how you put entire concept in front of them, if you keep it simple and show them that they can earn it from without going out for doing a job then they may show some interest in it. Yes, it is a good point to convince our girlfriend and also other motivate to women. Because girls and women refer to do something online jobs and i think it is really powerful point if we explane about bitcoin it is just like online job and also anytime we can do work, and i am sure they will agree to use the bitcoins. Yeah and you need to tell them you can be your own boss, you don't have to work under anyone as in many companies there is an issue of sexual exploitation, and with bitcoin there is no such issue. |
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After see this topic paypal or bitcoin?, i'm curious who have paypal account these days. Do you still have paypal account even though you have bitcoin? I still have a PayPal account but I try not to use it. Bitcoin transactions are so much better than using paypal As soon as all major e shops accept bitcoin I will close down my PayPal account for good. i agree with you that bitcoin transaction is very faster and its transaction fees is very much low than paypal , so bitcoin is too much better than paypal because bitcoin is very useful and acceptable in anywhere than paypal , Paypal is not use in some country . you are right that bitcoin transaction is very faster than paypal. Hmm exactly how is Bitcoin faster than PayPal?? I've been using PayPal for a long time, sending/receiving/making payments is pretty much instantaneous. In fact I would say in most cases, PayPal transactions are a lot faster than Bitcoin. Bitcoin is actually pretty unreliable when it comes to transaction times. Exactly, Paypal is much faster then bitcoin, transaction time is big issue with bitcoin and sometimes it takes more then 3 hours for it to get confirmed which is very irritating. |
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However much it rises, I'm not sure it will cross the $600 mark before Christmas.
I have a feeling the price will be good at Christmas time.
Before Christmas bitcoin's price may be stable around the 600 dollar mark. At best i see it go back to 650 at worst maybe around 450 dollar. Anything is possible with bitcoins either it will go higher or lower in future no one knows, but lets hope that it touches some descent value at the end of the year. This what we see it is just correction after "halving time". Even if price will go down a bit in next days/weeks it still is good moment/level to buy Bitcoin for long term. $600 at the end of this year is nightmare for me, i suppose it will be over $800 easily.. Everyone is eagerly waiting to see the price of $800 but unfortunately I think it will take some more time to touch that price as I think price will go even lower in coming days. |
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As we can see the bitcoins price as of today month of august the price is getting lower and lower because of bitfinex incident therefore we must buy more bitcoins because its the oppurtunity to buy cheap coins as of now because we all know that bitcins price would rise up for sure in upcoming months.
Everyone is speculating higher price in coming months so I am also going with a flow and buying as many coins as possible and hoping to make good profits from it in future. |
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i think saving money is better than investment .
Yeah, but for how long will you save money? If you are going to save it for very long time, you can save it in bank, and that is investment as well.Saving in a bank is not an investment. Bank savings does not earn anything but a percent per year that cannot even compensate inflation rate. If you want to grow your money, then choose investment. But choose an investment that is not safe and do not go for hyip or ponzi. Investment that is not safe? No investment is safe but we need to choose something from where we can expect some returns which can give us good profits in future. Agree, every investment has risk of losing your money, you cant see a business or investment that has no risk. If you have plan on having a good future you would invest your money which you see has a good potential on making profit in the long run. that is the meaning of success, all there risks in each choice not only in investment but in all things so all of that is an option if you want to succeed in investing then it must have the courage to invest and must have knowledge of the investment. If you want to earn better profits in future then you have to take that risk of investing, without risks you cannot expect better returns on our investments. Yeah! you are right but you are just talking on the positive side of investment, it is given that we might earn in investing but there is always a chance that we might lose our investment, just put in mind that we can afford what we will be investing so we can easily accept if it will not succeed. You should always ready with back up in case if your investment doesn't work, and saving will play a good role as a back up so I think you should go with both of them. Savings should only for fiat as it is more stable than bitcoin, while your investment should be something like bitcoin, gold, or having your own business. Diversification is the key to success as anything can happen in the future so do not just focus in one industry even how currently good it is. I invest some part of my income in bitcoin, but majority of my investment goes in real estate as its on booming stage at a moment and the price of land keeps on increasing on regular basis. |
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If that is a temporary crisis then it is always good to buy bitcoins, but if the crisis is very serious that it might lose all your investment never ride with it unless you are a real gambler who just base your decision on your gut feel.
Right. Just like in the last price fall, the cause was about an exchange being hacked. It is not about the blockchain or bitcoin. But if the problem of the drop was about blockchain or bitcoin, then it is a different story. You should always study the causes of the rise and drop of prices especially if it is too fast. The exchange of Bitfinex hack is a big news. It means people will not store money in the exchanges, so the trading there will be lower, so will the price. and thats a really great thing in my opinion because people will not risk their bitcoins any more, dont worry about the price, it is going to recover in the near future Its recovering but not with that pace that we are expecting, recovery is very slow and not sure what price it will show us in next coming days, so fingers are crossed and hoping to see higher price. The bitcoin price is not recovering. It is bleeding slowly. I think people are moving to other more innovative coins. yes I think people will turn to altcoin to get better profit. many new altcoin born, and you can benefit from it. bitcoin is currently running very stable, I hope it does not fall below $500. prices should recover to $600 to see higher price later in the year. I think a lot altcoin which have a very short life. they perform the coin launching them later after the pump for the first time. they become dead. you have to be careful when investing in altcoin. do not be too long to hold altcoin. it was just a suggestion from me Majority of altcoins are pump and dump, so you should treat them accordingly, buy and sell without holding it too long as you never know whether you will see that coin tomorrow or not. It is more likely you are gambling when you are investing in an altcoins that are not well funded, the developers will only take your money but it every altcoins there is a thing called pump, so you can still make profit if you know how to do the right timing to get in and out. yes timing of buying and selling is very important in altcoin as you cannot afford to hold it for long term as it can disappear at any point so its better you play with in in short term. |
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Aside from the Bitcoin that I'm buying here and there as an investment, I'm definitely spending my Bitcoin in one form or another. I guess if you count part of my exchanges into fiat as being a form of spending my Bitcoin anyways.
I might spend more in the future, but for now I'm a scrooge and I find it hard to spend money.
I think exchanging it is one form also. I do a lot of time and the one that is having profit out of it is the website wallet but I dont regret it though. There is this thinking that it also helps for the movement of bitcoin. Exactly bitcoin circulation is very important to take price higher and also to make bitcoin as a stronger currency so even I keep on selling my coins whenever I am in need of money. We have no choice but to sell our bitcoins whenever we need more money, but always remember to control our spending so we could still save our bitcoins and invest it for the future, the price is really great now because it falls back a bit and for me it is not good to spend but buy instead. Yeah buying now and holding it for the future can be a profitable decision as price is comparatively lower at a moment and it will increase in future for sure. Majority of the investors here have that speculation on the future of bitcoins, we do believe that the price will stay and that is actually good for everybody because the demand will increase as we will continue to buy bitcoins to hold it. And I am believing on those speculations of the investors and as of now, I am not spending bitcoins actively. I am hoping that the price of bitcoin is going to be stable at $700-800 and I am still waiting for it to happen. And if that happens then I am going to go back what I used to do which is actively spending of bitcoins. Neither this is a good time to spend nor to sell as price is below the expected level at a moment, and may be it can go higher in next couple of months, so holding them at a moment is a correct decision. |
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Yeah selling now cannot be profitable as price is too low at a moment, but if we can hold them till the end of the year then we can expect higher profits.
You don't know what the price will be the next day, so today's price may look quite profitable tomorrow, no matter how low it may look at the moment... There is always some room below But we are just betting base on our prediction here and even if the price has fall back a bit, this still a positive for us investors because we can always buy cheap bitcoins now. I don't care if it will continue to fall back as long as in a short span of time like a week the price will start to pump. Correct, now daily market is very nervous, and daytraders still don't know if correction is done. But in long term everyone know that price will be rising, so even if in next two weeks price will go down a bit it still is good moment to buy more Bitcoins for long term. Yeah considering it as an long term investment I think this price is pretty good to buy some coins as price will surely go higher in future and we can make good profits from it. |
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If I have 10 btc in my wallet then I will not take any risk and simply prefer to hold it for future and will only sell when I see price going higher to earn higher profits.
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If bitcoin had to drop to $1....I would be the first person to abandon it as it would be worthless not only to mine but holding it aswel
I'd buy all your bitcoin  when you buy all bitcoin, and you can not convert it to a fiat, because if the price $1, bitcoin will be crushed, and no exchangers that accept bitcoin again, a.k.a they chose to close If he has bought at $1 then why he will prefer to sell at the same price? He will surely hold them till price doesn't increase and sell only when bitcoins reaches to some descent level. there is no time to hold when the price dropped to $1, I even hesitate to price could be increased. but you will suffer large losses. so I'm not going to take great risks to it, most likely there will be another coin like bitcoin and you can take advantage of it. Many people would lost it trust to bitcoin and for sure many would suffer big losses especially to those big investors of bitcoin. When that thing happen maybe there a new coin that would exist and replace bitcoin to its position and started for a new era. Yeah people will surely loose their trust in bitcoins if it falls that low and may be majority of users will prefer to quit bitcoin and find alternate way to invest their money. That is really unlikely that bitcoin will reach to that price granting the present scenario of how bitcoin is being used my many of its patrons like us. But if it really goes to that point, I would still buy many bitcoins because I love bitcoins irregardless of how market reacts and treat bitcoins. I'll go with btc journey through ups and downs. Its very easy to say at this stage that you will buy more and more coins if price falls to that level, If you are holding 100 btc and if price falls to $1 will you still keep on buying bitcoins? Yeah its easy for now to buy more bitcoin in that state but for sure when the time comes that bitcoins price goes down like that maybe he would change his mind to buy some more bitcoin. Its so risky to buy more with that current state of bitcoin price. He would even panic sell his coins when it reaches $200 i think. Yeah people will start selling their coins when they see price going down, and if it falls to $1 then I am sure everyone will go crazy and start dumping their coins. |
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Most of the bitcoin I get were through different earning methods available, starting from faucets to trading. As I don't hold huge volume of bitcoin the earnings were limited though I do trading.
trade will give you unlimited income, but trading will also provide a big risk for you. You should be smart in using this method dude Yes we have to learn the trade in order to earn a profit. Although trade is risky, but it can be learned so that it can be a good advantage. We can collect signatures campaign and then use it to trade is a good way to get bitcoin. But the risk of the trade is lower than compared by another way, except hold your bitcoin. signature is one of best way with low lever risk in here but better for opening any service for bitcoiners maybe that is will be better than doing signature campaign if you have any skill. Yeah signature campaign is the safest way to earn bitcoins and if you can take some risks then you can use those earnings in trading where you can grow your coins quickly. |
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I told my girlfriend about bitcoin and she started laughing at me  and said why are you wasting your time and money in it, but I am sure she will understand the worth of it. |
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i think its good time to buy bitcoin because bitcoin will soon going to rise up in near future.
The question is how much can you buy, it is the most important thing to consider because we know that the price will rise in the future so we need to have a good amount of investment in order to make a good profit when the time comes that we need to harvest our profit. Yes that is true. A bitcoin cost a lot of dollars. Thinking if it goes up for just 10 - 15 dollars then there is not much of it. I would recommend a higher number of put it to different coins for a faster profit. Higher amount of coins can give you higher profits and if that amount is invest in altcoin then you can even double it in a single day if your decision goes right. |
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