the price fluctuates i think it`s not so good ...  for some people it is an advantage: D. including bai traders who want bitcoin prices constantly fluctuate. for me the biggest problem bitcoin is a long delivery time. need some confirmation to declare bitcoin sent. Well you're right, quite a long confirmation is a problem that can all bitcoin users. but the problem I often encounter is, so many new businesses are always promising a huge advantage, and this is very dangerous for beginners who are just learning looking bitcoin. if I think, I also had several times following their talk If you got hooked to those promising ones then it might be a problem when you joined them. I see a lot of that in some facebook group and pages which I added that I thought will help me for more information but it end up to the wrong one. There are many active scammers around who are only interested in scamming you and run away with your hard earned coins, online investment is a biggest issue with bitcoin at a moment. |
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How so? I've heard the same multiple times for both 2015 and 2016.
2016 isn't ended, and 2015 have seen a 100% recover in the last part of the year, so they were rght after all I am hoping that it is going to be the year of the Bitcoin because something big has to really happen, 2016 was a bit boring. Especially when the price was stable in the beginning of the year, it was to boring during those times. what's the something big you just mentioned above,price stable is boring only for traders not for those who uses bitcoin for paying things and another purpose which could make bitcoin as normal currency not trading tools,basically the disadvantage of stable price is just those traders can't grew their profit If price goes higher and remains stable then majority of normal users will be satisfied as they want to use it as an currency and not as an investment or to earn quick profits from trading. |
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Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.
I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it. Yes, I am also looking that most people are adopting bitcoin only for trading and for holding them in them wallet for earning more money with that, which will make bitcoin a weaker currency, a currency get strength only when it is used as a currency for purchases etc. People are treating it as an investment and not as a currency, and if it continues then it will not take price of bitcoin to a higher level, bitcoin needs circulation in market. |
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I prefer normally buying but right now I would just hold the bitcoin you already have and wait on the halving.
If you are gonna buy right now it would be a huge investment due to the fact that the bitcoin is pretty high.
You are right. Most investment is needed to btc now. Lets hold the btc we have. Lets wait for the halving to come to experience a good profit. I am sure everyone will be satisfied with what they will get. Well, it looks like the halving will not result in another part of the rally that we have seen previously with 2 days to go before the block halving takes place. I sold few coins yesterday when price was at $670 and after that it was continuously went down, and even today there is not positive indication of price going higher, price rally is already over I guess. |
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I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
Now is the best time to store Bitcoin because at the moment the price is stable and the halving is coming soon. But it is not the bes time to buy, I would wait for after the halving. I'm also thinking this, its better to just hold up your bitcoins for a while because of the fact that the bitcoin has the halving coming. The price is gonna rise and due to this holding is the best thing for sure! thats true, im holding all my bitcoins right now because i think it is going to grow a lot, halving will make me money Correct now is appropriate to hold bitcoin or can buy bitcoin because if the price rises would certainly benefit. If we hold to the higher prices we can get more profits. Yeah it is better if you are going to hold out your bitcoins and just wait for a price increase so that you are going to earn good profits out of it. And after the price increase it depends on you if you are going to continue holding. Or you are going to use it for buying. Buying and earning bitcoin is always good as future is holding something better for us, so its always good to collect coins regularly and save it for future to enjoy higher profits. |
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Though Bitcoin might not yield any significant margins in the short-term, it will definitely be a worthy investment in the long-term. With more and more businesses starting to accept Bitcoin payments, you can expect lot more transactions to happen.
as trader you can definitely make yourself a more than decent profit while you trade against the volatility. that's exactly what i have been doing lately. the price goes up which of course benefits me, and also i am increasing the number of coins i have whilst trading. it's a win win for me. That is right but when you do trading it requires more capital to be able to take advantage of the price fluctuations, I think that is the basic then comes with he knowledge to improve your techniques. If you don't have that rather invest. your capital will only determine how much you can earn or lose not the fact that you can take advantage of price fluctuations or not. you can actually start with a small amount of money to begin trading and learn things the easy way and then increase the amount and since fees are also calculated based on a percentage of the size of the trade then you don't need to worry about the small amount either. That should be the idea, we need to start small to learn the basics because as they say theory is not always acceptable in practice, when we learn that is the time to start making money but still there is no assurance so trade base on the amount you can afford to lose. Its always good to enter the trading market with small amount that we can afford to loose, and even if we loose at primary stage we should take it positively as its gonna be learning experience for us which can be helpful in future. |
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As you see, the Bitcoin is crashing and trying to break a new low until it stop. But I won't sell any Bitcoin at this time, I believe it will rise again as it always do.  At the moment I am also not going to sell any coin because of the fact that the halving is coming soon and I am also holding on to them for the future. If you are going to wait for the future prices there is a chance that you will make allot more money the if you sell right now. That is really a recommended thing to do as the halving is going to happen for the next few days. So that we can able to get good profits out of it once the price is going to increase and I hope the price is going to reach up to $800 I don't think we will see the price of $800 at halving, as price is not moving up rapidly and its now less then week left for halving, I am expecting something around $750 at halving. At the moment I also do not think that you should sell because now is not the best moment to do so, you should wait for after the halving and see what is going to happen then. I hope that the price is going to rise after the halving because I really want to sell some coins now. If you want to sell some coins then you can sell it now, as price is going down as I don't think halving have something extra ordinary to offer and looking at current trend I think it will go even lower in coming days. |
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invest , invest, and hold it a year, Becoming rich takes a combination of luck, skill, and patience. You have to be at least a little lucky; you build on that luck with your skillful decisions, and then you continue weathering the storm as your wealth grows. There's no reason to lie to you: getting rich isn't easy, but with a little bit of perseverance and the right information, Invest money in stocks, bonds, or other vehicles of investment that will give you an annual return on investment (ROI) great enough to sustain you in your retirement.
I think in your opinion you are already rich because you have a lot of investments if you have that its give you a lot of interest. Yeah getting rich is very hard, there are some failure to encounter but you need to learn on that failure and make it your inspiration to get rich. Investment and business is the best way to get you rich and you can only start in small amount of money on that. You can be rich in gambling and investment but you will never be rich by just working with your boss, you need to be the boss of your own so you can maximize your capability that would give you good benefits and profit in the future. In gambling, you can be rich if you are lucky and able to hit the jackpot but the chances are low but still can be considered as the way to be rich. Gambling is not a good way to become rich it may just tend you to become poor. And it is not always been a way of earning. It is just created for the house to earn because it is their business. But for thinking about getting rich with it only the owners are going to benefit from it. That is what gambling is made of, the owners should be benefited more than the players, they are into business for profit and we are just players to have fun so let us bear with it because the other way would not happen. Gambling is always good for having some fun occasionally but we cannot depend only on it to become rich as that is never possible, you should work hard on something from where you can earn assured money. All i can see only in business people can make rich, gambling is not profitable anymore at first you threat it for fun but in the long run you do not notice you already addicted all you have getting to lose. Thats why do not invest in gambling just keep investing in business. Gambling has never been profitable if you are a player but it is always profitable for those who operates gambling sites, so the point here to win is if you cannot beat them you need to join them by way of investing or making your own casino. Gambling is only profitable for the house or the owners of gambling websites. They are just the one that will going to benefit gambling and going to be with the use of it. But if you are just a normal gambler don't rely on gambling because it is impossible to get rich with it. Investing in gambling site is not a cup of tea of everyone, it will require huge amount of capital to earn good returns from it, and gambling will not make you rich but make you bankrupt for sure. |
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I think it's a bitcoin 7 BTC very much. Well, you could make it to 17 BTC or more by way of trading. but you also must be ready with the risk that you will face, because the greater the capital you spend, the greater the risk that you will receive, so persevere
I agree with you. doing so required big risk because he is looking for more than 100% profit so it can not happen in a short time because with big amounts like this one may get scammed Higher investment will result in higher profits, if you invest all 7 btc in trading then even a small fluctuation can give you higher returns, and trading is the best way to get there. |
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Investing can be done right now but the price is pretty high so its not the best option in my eyes.
I would just save up some money and wait on a better price honestly.
Just think that the price will not go down again because it will continue to rise, this is the year of bitcoin and probably we can hit the $1,000 by the end of the year because of Halving. i think the price will be dump again, before or after pump, the price will be dump. this is how the pumper collect more bitcoin, make panic sell and panic buy, then the weakhand will lost his money. There is a good chances that it will happen but what makes us successful in investment is we should not be panic when we see the dumps because that is just a manipulation by the whales and what matters is the future of bitcoin. Thats true they only want the user will made panic selling to get income and also the demand of bitcoin will rise but if you do not affected on the dumps i think you will be successful in your investment. That should be your mindset, when you invest you need to put in your mind that it is for long term and when you say 5 years you should hold it for 5 years and cash out without looking back. If you are planning to invest in bitcoin and hold it for next 5 years but what will you do if you see ATH in between? Will you still hold or sell your coins at that time, as you never know whether you will see that price again or not, and if drops after that, and if you don't sell you will regret for sure. |
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It depends on certain banks as they all differ in terms of rules. Some wouldn't mind at all regardless of the amount and some are very strict specially if the activity on someones bank account changes all of a sudden and what they do usually is to contact you and ask for proof so they could be sure it wasn't claimed on a illegal matter.
If we want to transfer it our bank account then there is no need in transferring that huge amount at once, transfer it on installments and everything would be fine, as your bitcoins are safe in your digital wallet too, and its not mandatory to sell them at a single point of time. |
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I use it to do multiple things mostly I gamble with it because its very enjoying and also very fun to do.
I also must say that I sometimes spend them on digital goods these days.
I am currently not using my bitcoins. Halving is just 2 days away and i am saving my coins for the halving. After that i will convert my bitcoins to Fiat and pay my mobile bills and other expenses. You can also pay your mobile bills directly using bitcoin, but anyways its good not to spend them now as halving is not far now, so lets wait and see what is gonna offer us. |
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First of all, it will not drop 1$ this is 100% sure. If anything happens and it falls means nothing I will do I just collect coins as much as possible, and I will hold it in my wallet. This is the only way I know. Yes with 1$ what we can do right.
Yeah even if we loose faith in bitcoin we can still afford to give it one more chance by buying at $1 price, even if it disappears after that it won't make much difference to loose as $1 is something like almost free. |
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Bitcoin is a long term game unless you were a insanely lucky super early 2010 adopter. If you were not, then you will have to wait to get rich, just like the buyers of apple, google and so on stocks, had to wait like 10 years to get really rich.
Exactly cannot expect to get rich overnight with bitcoin, its an time consuming process but the results would be surely positive so collecting as much coins at a moment is the right thing to do. |
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I have 3 btc with me at a moment and I am holding it really tight for the future, If price reaches between $800-$1000 then I will sell my 1 btc and rest 2 btc I will save for future.
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yes because it won't grow if i'll just save it...i always soend it to buy altcoins and wait for it to sell at a higher price.
it might be better if you do a method for growing bitcoin in the appeal only stores only. or using bitcoin to trade. it would be better for bitcoin and you as well Its always good to trade with bitcoin rather then keeping it idle in wallet, as trading will allow you to grow your coins and also help you in making good profits from it. |
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If I would be having 7 btc then I would invest it in trading and would make all best efforts to multiply my coins in quick time to earn higher profits from it.
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I never lost any bitcoins but I must say that if you lose bitcoin it mostly forever gone so that makes it very sad.
Losing bitcoins is mostly caused by forgotten wallets and also forgotten password on online wallets.
Exactly, I have lost once by forgetting my password, there were around .05 btc in it, no doubt it was not that high amount but it really disappoints you for loosing your coins. |
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because i am hopeful that the price of bitcoin will easily cross 1000 USD.
It will definitely cross some day and to see that price we should have patience, even if the price falls in coming months do not get panic, have faith in bitcoin and hold your coins without any worries. |
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how we could motivate women to use Bitcoin because I tried several times to explain what it is and how to use Bitcoin ...was very difficult and have not really managed only once ..
Give her a btc and then show her what she can do/buy with it.. should do the trick. But if she doen't know that bitcoin is and how can it be used and where to use it then what is the advantage of giving bitcoin to her for spending. Absolutely we have to explain about bitcoin, how to get it, and how to save it. Then I told the woman to follow active on this forum. I'm sure the longer it will increasingly understand about bitcoin No doubt all women loves money but they want it in easiest way, and I think bitcoin can complicate things for them, if they find it easy they will start using it or simply ignore it. women who had no jobs find this to be good, they will use bitcoin in their leisure time and earn a good profit it will be beneficial atleast for herself. Definitely just show them what really bitcoin is and what things you can buy with it for sure they are going to motivated once they see the things that can be bought with bitcoins. and my personal view is that women are more greedy than men. i think more easily be convinced. so to me it is more easy to convince them as compare to men. Not in my personal opinion. Women tend to stick to their own interests and would not bother having introduced to a different one, unless it is inclined to her own interest. Well, there are a lot of women who are more than willing to learn about bitcoins and stuff. I think many women have started to earn it and use it and that is a good sign for a community, and one woman can motivate another woman very easily in compare to men. |
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