For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
Bitcoins are an independent currency that is why every country can used it all around that world that is how convenient bitcoins are they can send a lot of money with just using your devices all arpund the world as long as there are an internet connection. That is also the reasons why bitcoins price increases that high because of too much demands of the people all around the world. So it is indeed an international currency a lot of freedom to us. |
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The entire market is in the red. Everyone has lost money. What do you think?
Yes it is hard to say but i am also started to think that this might be the end of some altcoins but I am not generalizing them there are still some coins that are still coping up and still recovering. But you can count it in your fingers people are now going all in to bitcoins ar even bitcoins cash they are not giving a lot of attention for some altcoins only ethereum are thpse altcoins that I knkw cam survive in this industry. |
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The entire market is in the red. Everyone has lost money. What do you think?
Yes it is hard to say but i am also started to think that this might be the end of some altcoins but I am not generalizing them there are still some coins that are still coping up and still recovering. But you can count it in your fingers people are now going all in to bitcoins ar even bitcoins cash they are not giving a lot of attention for some altcoins only ethereum are thpse altcoins that I knkw cam survive in this industry. |
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In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin or actually wait for the highest possible peak?
For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8%
But what is your process in this? How do you go about hold and sell timings?
It is totally depends on what situation I am encountering to right now or at that particular moment. Because if I have an important thing to buy or tonspend my money on, I will probably going to sell it because I needed the money but if I do not have some kind of situation like that I will not sell it becausr I know that the price can still grow even more so why selling it if you know that it can grow more. |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
Bitcoins today are on their top of their career so it is totally impossible in this period of time for them to lose their value because there are still a lot of demends to them so they will still grow more. But the factvthat they can be worthless is not impossible because if time goes by and people do not want them anymore that will be the time that they will start to fall and if no people are useing it totally no one wants it anymore the bitcoins will entirely fall |
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Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
Yes bitcoins and this forum is a blessing in disguise because at first I didn't know that I will gain momey into this because first thing I know about bitcoins is bitcoins are use to transact to buy some drugs or hitmans or something that is illegal because it is decentralized but no this is the future of the currency the future will start here. And with the help of this forum we can gain a lot of bitcpins which can be used in a daily basis. |
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would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
For me yes and that would be so great because I do not need to sell our bitcoins into some guy t just get the money. But I do not wanted our country's currency to vanished I just wanted for the bitcoins to be accepted as a payment in all the stores so whenever I do not have a cash bitcoins will be the one I will pay to them. Having them is like a life saver it is more convenient than credit cards because their value can rise up or down but we more likely to see them rise up. |
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As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain. Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017? If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  We are here at the almost end of the 2017 and bitcoins are really indeed have a great year this year because they had increased from $1000 as you said and now it is almost $7,500 on the marlet and we are hoping for it to reach for $10000 and it is not impossible because the year is not yet over and we still have 1 month to be successful in this business and make money. And I hope that in the upcoming 2018 bitcoins will be recognized more and be more successful. |
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better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow
saving money in the bank, will only mean losing them in the long-term with the current high inflation
You can always do both if you are afraid to go all in on which of them. But I am going to say that when you buy bitcoins and save it you can have an investment and at the same time savings because you are not spending your money. You are going to have an investment because the value of bitcoins are not stable so you holdings might worth much expensive. But it is pretty risky so you better have another savings on your own. |
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bitcoin cannot replace currency in the world because price is not stable.
currency should be more stable.
you may reply me. currency is not stable also but you should think
USD currency price is up and down 1-2% in 1 month.
bitcoin price is up and down 20% in 1 month.
what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?
bitcoin can become stock but cannot become currency
Yes I am agreeing with you my friend bitcoins cannot replace our currency today because the value of bitcoins are not stable. And we cannot rely on that thing because it might drops the price any moment. It can be an official currency but it will not replace any currency because of the fact that bitcoins are also decentralized. Maybe the country will make their own digital currency in the future and their price will be as stable as it was today. |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
Maybe yes maybe ni we cannot say a lot of possibilities might happen in the 2022. Because there is the thing, if I say yes, bitcoins will be used in the 2022 because probably in that time bitcoins and all the other cryptocurrency will be used as an official currency too because that is the future we will get used to those digital currency thing. But knwing that the bitcoins are not stable. Maybe just maybe another digital currency will be invented or maybe oir government will make their own currency that one country can use. |
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I'll start off with some of my biggest regrets, and the one which I am most upset about is selling my Bitcoin early. I was one of the people who were able to get into Bitcoin around the price of $400-600, and at that time I even owned a couple of Bitcoins. I saw some profits and I sold off all of my Bitcoin, I was too scared to expose myself to the risk of being involved in Bitcoin and I got out. I would've loved to have a couple thousand dollars laying around, but that's me.
Also, gambling. I gambled a good amount with the bitcoins that I had at the $400-600 mark, if I would have that back now it'd be worth a fortune.
Anyone here have any regrets?
My biggest regret on bitcoins are not believing in it when it was first introduced to me way back then and I do not believe in them because I do not knew that their value will get expensive like that because when I first see bitcoins I thought that theybare just a digital money I should invest on it before so that I am a rich individual today because bitcoins worth for almost $7500 so if I just buy for almost 10 butcoins before I am know a freaking rich. |
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Curios lang ako, kung ang 1 Bitcoin ay nasa Php 50,000 noong January 2017 tpos ngaun sa kasalukuyan ay nasa Php 225,000.
Tingin mo ba aabot ang price ng Bitcoin sa 500K bago matapos ang taong 2017?
Sa tingin ko aabot yan kapag nag tuloy tuloy ang pag taas ng bitcoins kasi aabot na to g 400k kung hindi lang biglang naging issue yung sa bitcoin cash na madami na ding gumagamit. Pero ganun pa man hindi pa naman tapos yung taon kaya alam kong kaya pa nilang unabot ng ganung kalaking halaga at oag nangyari yun madaming matutuwa syempre yayaman nanaman sila at tayo din syemore mga nagbibitcoins din naman tayo. Sana talaga umabot. |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?
As much as possible I do not panic whenever all of my holdings are on a fall because nothings good are going to happen if I always do that kind of attitude. It will just make me do some bad decisions like cutting off my loss but if I kist keep calm and hold on to my coins I do not have to think about how much I loss because after a month the price of it will start tonrise again. I just get used to it so I am not that nervous if ever that bitcoins fall again. |
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Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?
Bitcoins are really comparable to a roller coaster because of the value of it. It is now slowly falling because as I heard of the news a lot of people know are having a transactions on the bitcoins cash which makes the bitcoins transactions less and that affects the value of the bitcoins. And we all knownthat after a month the price of bitcoins will rise again just like a roller coaster ride sometimes you are in the top and sometimes you are in the bottom.. |
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do you believe will bitcoin be less than a hundred? I think I can be, as it is today suddenly the price of bitcoin has fallen. so it is more likely that the bitcoin falls over a hundred when there is a revelation. Yes it can be, especially when no one are using bitcoins anymore, no transactions are happeining no one is buying it nor selling it, that would be the time that bitcoins will be almost worthless. Because bitcoins are just too expensive because a lot of people wants it, they want to used to because it is the future of currency especially those businesses and businessmen. They wanted to be more convenient when having a transactions and bitcoins van easily provide that plus the fact that bitcoins are decentralized. Government have nothing to do with them. |
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i had about $200 worth of bitcoin.
How can i earn more with that amount?
should I trading? or make an investment?
and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me.
really apreciate it.
thank you.
For me both are profitable it can probably can give you a pot of income if you just do it wisely. But it depends on the person who will do it because for me investing is a form of a doing nothing thing, you will just need to be wise on finding a project to invest with then after that you will just wait on your money. While trading on the other hand is much riskier than investing, in this thing you need to be wise and you need to have a strategy but the good thing about this js you can gain profit more if you wanted to because you are the one controlling it. |
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Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
If you look at it, it is too late because bitcoins are already a super expensive thing in the market, unlike before where it is just worth cents. So if we just buy bitcoins before when it is just worth nothing, we should be a millionaire today because one bitcoins worth almost $7000 but you can always buy bitcoins today you can still gain profit because bitcoins are atill not finished to increasing their value. But as I said, the huge profit is already over. |
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For me yes since bitcoin value are fast increasing so investing today makes a decent profit in the future compared to invest to other options like real-state or something.
Absolutely yes, because as you said, bitcoins value are fast increasing and also easy to do. You kust need to buy bitcoins to your local establishment who have a bitcoins machines. And it is easy to hold your money, you have also thr freedom on your own money because you can always withdraw your money back if you wanted to unlike to other investment. And besides bitcoins has been labeled as the most successful investment in this period of time according to the news and they will not feature that if it is mot treu. |
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Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Do not doubt on it, bitcoins can guarantee you a one hundred percent profit iwf you invest in them, and you will see your money growing with just months after you invested. Although it is a pretty risky one because bitcoins value are not stable which means you money can either grow or fall. But we all know bitcoins as I monitored bitcoins for a while, even a country cannot stop them to grow because even if china bans it they still make theor value grow. |
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