It is sure that bitcoin is going to last at least 50-60 years from now. It's price is something that we can not be so sure about. But if we look at the predictions then there is brught future for bitcoin.
The price is a big factor to consider the longevity of its existence, I mean we should at least count the inflation rate for that kind of tims frame if we are not sure that Bitcoin would at least grow gradually then we know Bitcoin's demand is getting lower while thw supply os getting higher. If in the next 10 years Bitcoin's price would still be in the 3000$ level then we all know that its demand is not growing anymore and we should start selling our shares before it is too late. |
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Miami would be a perfect fit for Kyrie, they've got good bigs there. Kyrie would be complete their missing piece.
yeah right if kyrie will go to miami he can be a big lift for them as kyrie wants to be star on its own and he needed some help out from promising young guns if ever this deal can be complete east would a much interested playoffs unlike with the previous season where we knew that cavs will still go and advance to the finals. Miami Heat has a good coach, despite the fact that there are not stars in the team they were still able to compete with great teams and they almost made it to the playoffs last season, they had a good point guard already and I don't think Kyrie will make a difference when he will land in that team. Kyrie Irving will lift the Miami Heat for sure but the real question is can he lift it enough to make them contenders? For a team having a nice center with Hassan Whiteside and a good SG with James Johnson I just think that it will be enough until they reach the 2nd round of the eastern playoffs. If he really wants to be a star then joining Miami or even Knick could be the trick for him. |
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The road to 4000$ is coming, seems everyone is making the price to go up even higher. Panic selling has no more room this time. Better to watch bitcoin price while its preparing to explode.
There is always a room for panic selling, This rise will also give some panic to the few humans who loves to panic. The sudden rise, might lead to insecurity which can turn into panic selling. Though if the mindset remains strong as Bitcoin seems at the moment, it won't see another drop till it nears to $4000. Panic selling does not happen because of new Highs for Bitcoin, panic selling always start because of Big players taking profit and taking advantage of the price. With that they control the price and stop the momentum. The effect of panic selling comes after and that is when the big players buy at the bottom. Well it is always like that because Bitcoin is a decentralized currency. |
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Here is another classic example of comparing a cryptocurrency and a fiat currency. Obviously Fiat currency is controlled by the government to make it more stable and in fact inflation is not a bad thing it signifies demand for the supply. Also if we don't have a stable inflation rate our economy will have a bad transition because of it. I don't know but we can look both ways for Bitcoin and Fiat currency but we all know their own strenghts and weaknesses.
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Just to be clear with this most people as of now really depends on money to live in because nothing on earth is absolutely free, we don't have any farm lands to grow or cultivate crops to have a sustainable way of life. Also it is not a matter of going to church anymore we can be religious without going to church just by praying regularly and being faithful to our God is enough.
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Is it the crappiest advice really? Well for me it is not as it is your money and you would do anything to protect it, we all know some Bitcoin exchange have a history of running your Cryptocurrency away from you so with this kind of event you must be better safe than sorry as you need to protect your assets. Also I think an advice like that won't hurt you because it won't do any difference while you are doing it.
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rich is the completely a relative term, it comes from the inner side of you. but if you want to think about money then there is no way to be rich instantly. yeah, Bitcoin is the way of getting rich but not in an instant way. patient, desire as well as strategy help to you to reach your destination. without work hard you can never become a rich person.
Everything should be given an effort if you want to succeed or maybe accomplished something. Sometimes putting alot of effort is not enough to become rich. We have to work smart while working harder. Though bitcoins really have a potential for everyone to become rich, it is not an instant way. It will takes years for you to be rich. Maybe those who kept bitcoins for all these years starting from its low price, you can call them instant rich. way to become rich is not takes years i think it take months but first you should work smart for to become rich. in signature campaign you will just earn the money to full fill your needs. and i think trade is the instant way to become rich but you should have experience of trade if not then start trade from low investment. I think what they are trying to imply about the word "instant" is the time you will be rich not the efforts you give. I must say it won't be in any way fast anymore as we are on a value in which we never have entered yet. Not unlike before we could instantly double our money when it was below 1000$ right now to double your money you must at least wait for Bitcoin's value to go to 6200$ which is a lot. The other alternative will be trading it buying and selling it and at the same time increasing your Bitcoin's quantity which is another hard road to be rich. |
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But as of right now it has fallen from 626$ to 225$ per Bitcoin Cash. And with the price of Bitcoin crossing the 3100$ per Bitcoin it has prove to us that users have use the opportunity to sell Bitcoin Cash in order to buy Bitcoin in return. Well we all support the original Bitcoin anyway and it is a win-win for us especially those who took advantage of their Bitcoin Cash. I hope that Bitcoin will stay above 3000$ by the end of August to establish a nice support in the chart.
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These rich bitcoin holders are probably just holding their coins hoping to be richer in the future when the price increases. To say the truth 1 million of dollars is nothing nowadays to have a real rich life.
To live well they need to continue holding until bitcoin increases more its price and making investments meanwhile.
Burn wealth is rather easy. Is realy hard to get and earn those money/BTC. Currnet BTC skalling drama helped many people a lot to get cheap BTC if you holded sood alts. I will wait with my BTC till time when I can fully retire with my 50% BTC holdings it can take years decaded bit I have time. Probably even single bitcoin holder will be rich in LONG therem. I think a million dollars is not "nothing" until the present, with that kind of money I could start a really good business idea or to play it safe just buy a franchise of one of those fast-casual food chains to secure my future again. And to go into your perspective if a million dollars is nothing why is it poor people don't have that kind of money? |
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Doubling your money is not the only way to get rich in Bitcoin, when you invest your money in Bitcoin you just not stop with the money you just have deposited you continue to inject more funds into your investment in order to have a bigger position for Bitcoin, also in Bitcoin you must take advantage of its volatility meaning you can do buy and sell with the prices that always change from high to low you will have reasonable gains if you create a plan and strategize well on your trades.
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From what I know income taxes are not based on what type of company are you in but income taxes are based on how much does the company earn. Which means if they earned on a certain amount they will get a certain percentage to be taxed on their net income before tax. Generally there is no relation whatsoever on taxes and the rype of business you are in except if your country has a specific law for it.
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My answer will be based on the OP, Ok let us start you can choose either because you will end up risking your money. Gambling is a risky way to double your money it can make or break you, you will just realize you have lost if you don't have any money. Also your perspective or understanding about investing is wrong in the Bitcoin world there is really no proper investment tool aside from Cryptocurrency Trading, what you are looking for are websites that have HYIP feature which will most likely disappear with your money.
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Now a days gold is like piece of metal to bitcoiners and lovers. Just look at the market and see how precious bitcoin is. This is actually worst comparison between bitcoin and gold because they don't even belong to family. Anyway, in long term or short term bitcoin will always stay ahead of anything that comes to the market whether old or new.
I disagree with you about on the long term perspective that Bitcoin would likely stay ahead on Gold. Somehow I see the opposite will happen and that Gold in the long run will be more better in terms of investment, you know why? I have not seen lately banks selling their shares of Gold instead when it was down they see it as a buying opportunity which means their belief in Gold is so strong. More likely the one who has a stable price but growing will be the one who succeed in the long run. |
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I guess this is relevant to Japan's government making Bitcoin an official payment method in their country. From my perspective businesses and certain individuals in Japan are taking advantage of it and buying Bitcoin to use in their business like their own Exchange. The only thing left to prove my theory is for Korea to follow Japan in terms of volume in the market for Bitcoin.
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As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
The price of bitcoin can go up or down that is true for any investment but as long as the overall trajectory of the price is up then bitcoin is going to last, in fact even if the price of bitcoin remain the same as it is now I’m sure bitcoin will keep existing. What is your basis or any sources that Bitcoin will keep going up for at least 20 years or will it even last for more than 20 years? It is a long time frame and I don't think something like Bitcoin has that kind of growth potential maybe you are expecting Bitcoin to grow at least maybe a 100,000$ each which is really impossible, I don't even think there is a stock in the market that has a growth potential like what you are saying. There are other factors outside that can affect you assumptions. |
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in this new era of digital world cashless society is quite acceptable but transaction limited only through internet stream it is either centralized or decentralized. bitcoin ecosystem is one of the greatest example of cashless society only if no fiat exchanges intervenes.that's the real concept of cashless society.in a real world situation is hard to adopt the cashless society it is only applicable to highly develop countries where internet access is highly secured unlike to less developed country where internet security is very vulnerable and it is prone to digital theft.
But believe it or not we still end up using our own Fiat Currency, for example even if Credit Card is widely accepted now we still end up using our fiat currency to pay our bills from our credit card transactions. Also Bitcoin's value is based on Fiat Currency there is no changing that because we as the investors give it an equal value to our real life currency. I want to agree with you but turning our world into a cashless society will just complicate rather than solve anything. But making Bitcoin as a payment option is always welcome for a change. |
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It is still early to tell if Bitcoin would reach 5000$ let alone cross 3000$ it now all depends on how many times that the whales will make a profit taking and if they want to buy back at a lower price. Also we see that Bitcoin is always hard to predict because of how different investors views it some people think Bitcoin will fall and others think it will rise which they are both right because in the past month we say Bitcoin fall in the 1800$ level but it got back up at 2870$ level at most.
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IN the ancient age when the banking system was first started it has faced so many failures and bankruptcy and eventually they become much stronger and for a very long time, they grew so big that there is no opponents compare to them. but now the time has changed finally and it has a worthy opponent. bitcoin has all the necessary features which banks can not or do not provides us. like the higher profit and higher production. let's see how long can this journey goes I am supporting bitcoin.
Banks before were more than fair they actually have schemes like "double your money in 1 year" which are really paying and also have higher interest yield, what they were actually doing is harboring enough cash to make them richer and have more liquid asset than before. In short we are the ones who fueled their business into becoming an empire. Right now I kind of agree with you that Banks are no longer counted as a form of investment compared to before. Banks are now taking advantage of your money and they are making more from it. |
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@DIA7 You have a nice thoughts there. But may I know where sources it came from? Or just an own analyzation of yours? He wants to be the man on his own team, and that is impossible to happen as long as he is alongside Lebron. 2018.
Kyrie is forgetting something if his goal is to lead a team. He must remember that Kyrie owned Cleveland didnt make it to the playoffs even at 8th spot for years before Lebron James arrival. They suffer worst record for many season and you can't blame his teammate here because they are not the only one who have the worst roster on the East back then. Ok let's see then. If he think he can lead a team now after those years then he must prove it to avoid critisicm. We are talking about a Kyrie Irving led Cleveland Cavaliers during his 2nd years and 3rd year as a pro in the NBA and you are expecting him to lead the team and make it to the playoffs without the help another player? From what I know Kyrie Irving is only one player and you are expecting him to make you go into playoffs even if he is the number 1 overall pick it does not mean he can be carrying the team without any help. |
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Well the only time I am seeing Bitcoin ruining a country is when they make Bitcoin the only currency of their country. By doing so that country's government won't have full control of the money which means other people even the foreigners can take advantage of, also you are right about mentioning the taxes by making it an official currency it would be easier to evade taxes as it safe, secure, and has anonymity feature it might as well be the downfall of the country.
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