Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
Investing in bitcoins is good but youngsters investing all their money in bitcoin is not advisable since bitcoin price is volatile.I heard that US teenagers are also saving their retirement money fully in bitcoins.Even though bitcoin has given huge returns,investing in bitcoin must be done with great precaution. |
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More retailers would come forward to accept bitcoin payments only when it is centralized and when its volatility gets reduced.Legalization could also be announced by governments as it was announced in japan.But volatility could not be solved since bitcoin is a decentralized currency and its price either increases or decreases with variation in demand for bitcoins.So,volatility is its nature.
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Cashless society is very difficult to create.Even now,there are more people who don't have debit or credit cards and don't know antything about digital transactions.In india,recently the government tried to create a cashless society by banning high valued notes but still it failed to deliver the expected results.
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Trading has been the best and legit way to earn more bitcoins through out bitcoin's history.It could be done even with a very small amount say 0.01 btc.But its also risky.So,prior experience should be got before trading big amounts.In trading,success lies in finding the most under valued coin and investing in it.
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Definitely,they would have realized that they are very rich now.They trusted this new technology and invested in it when most of people said that it would be dead soon.The early best deserve fully for what they enjoy today but at the same time,we are also not too late to get in to this bitcoins now since it has more high peaks to reach in future.
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I think that bitcoin will not die. I think that it is just started. It just that it is somehow gets crowded because there are a lot of people get to know what is bitcoin was all about. It has becoming popular and it demand to some people. People nowadays is very intrigue and curious what is bitcoin was all about so they start to join here in bitcoin and do some research.
Expect more and more followers with bitcoin. The entire bitcoin thing is really young. Less than a decade right? There is still way more to go for bitcoin. How can it die also if the price is growing rather fast and the followers are growing constantly? Bitcoin would only die when there is no one ready to buy bitcoins.But in current situation,we could see that there is a continuous increase in demand for bitcoins.Legalization of bitcoins and following it mass adoption is taking place world wide.So,bitcoin would rather survive long instead of dying. |
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After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?
Bitcoin has survived after the hard fork and that shit coin BCC has started to lose its value fastly and it would soon become zero when every one dumbs their BCC for some extra cash.It has once again shown the true potential of bitcoin and bitcoin's today price is $2723. |
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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.
Bitcoin could only lose its value when there is no one ready to buy bitcoins.But today we could see that bitcoin is going to be legalized in most countries.Mass adoption of bitcoin is taking place.More companies are coming forward to accept bitcoin payments.In such a situation,its hard for bitcoin to lose its value. |
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Yes,already economy is very much affected in india due to demonitization and GDP rate has gone down from 7% to 6.1%.Now,GST taxes has been imposed at 28%.Thats ridiculous.People are suffering every where.Most people have lost their jobs.Economic crisis is happening.I just escaped from such things since i knew about bitcoins and due to my bitcoin earnings,i managed to escape from such situations.
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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.
Until now,no threats has been found for bitcoin and it has successfully overcome and survived all critical situations just like Mt.Gox,BU and now its facing BCC.Bitcoin would soon overcome this BCC issue also soon but in future,when quantum computing would be introduced,then it would have to face serious consequences.But it would take around twenty more years for quantum computing to come in to existence. |
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Its very easy to say that cashless society would be good,but its very hard to make it.More people are still illiterate in some countries.They don't even have a bank account and don't know to use credit or debit cards.All they know is the paper money which they think as the real money.In india too,government tried to create a cashless society,but it failed to make as people found comfortable in using paper currencies.
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Bitcoin has become famous all over the world.Big celebrities as well as normal people are talking about it.It has been legalized in japan and soon to be legalized in south korea as well as india.Russia and china have already started regulating bitcoins instead of banning it.Bitcoin only deserves to be called as a global currency as it does not belong to any country.Its common to people all over the world and what is needed is just a laptop and access to internet.
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What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Bitcoin Cash would just remain an alt and in no way,it could become a substitute for bitcoin.But the thing we are seeing today is that bitcoin cash price is rapidly increasing because it is being pumped and BCC holders have no platforms to dump it. |
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Bitcoin has become such a strong currency today that even if countries don't want to accept it,then they would be the losers of revenue which could be got by taxing bitcoin earnings.So,instead of announcing bitcoin as illegal,they have chosen a path of accepting and regulating bitcoins.Thats what we recently saw in japan legalizing bitcoin. |
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Segwit2x even after 2Mb block size increase will be not viable, so Bitcoin Cash will become new Bitcoin in eyes of ordinary people and will grow accordingly.
You are here to spam and promote BCC. Again, stop talking for others (ordinairy people) and start talking for yourself only. Yes,they are just trying to spread FUD.Most of big exchanges have already announced that they would not support BCC.This announcement has made BCC officials sad and here this newbie is just trying to promote BCC by giving false information.Bitcoin with segwit being activated would solve the only critical issue of transaction problem and its price would just sky rocket. |
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I believe Bitcoin has a future in long term. It proved itself in the past years and it is getting widely popular. It just has a transaction fee problem atm.
What about the altcoins? Who does use them for real? Will people use them in the future for real purpose?
I only have a hope for ethereum and litecoin, but not for the rest. I am not even sure for eth and ltc.
If bitcoin solves the reansaction fee and time problem, I doubt eth and ltc even have a future.
Your doubt has come true now.High transaction fee and slower confirmations have been almost solved since segwit is to be activated.So,no one would switch to altcoins leaving bitcoins for transaction issue here after.So,altcoins have to deliver features which are not found in bitcoin to get popular. |
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For example:
On the website you can buy altcoins with BTC or Eth. Would it be possible for customers to buy them instantly? I guess no, because it takes time for Btc or Eth transactions to go through blockchain and get confirmed. We can't release our altcoins if we don't get a payment confirmation.
Is there any way around? For faster transaction confirmations?
Yes,you can buy altcoins instantly with bitcoin or ETH in exchanges.No need to bother about the confirmation and all,just put an order in the buy section and as soon as a sell order meets your buy order price,immediately the altcoin which you have bought would be found in your exchange wallet. |
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I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.
First,retailers should be explained about benefits of bitcoins.They must be explained that there is no charge back in bitcoin payment unlike paypal.Another problem for which retailers don't like to accept bitcoin payment is its volatile nature.But they should be said that bitcoin's price is increasing continuously on a long term basis.So their bitcoin income would grow giving them good returns. |
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hey...I want to know easily earn btc from online...can you give some tips about it...someone only tell me that earn btc easily bt they not given any tips...plz...anyone help me
Nothing could be earned in this world easily.Either we have to do hard work or we have to invest money to earn.Bitcoin is not new to this principle.If still you need bitcoins in an easy way,you could try some faucets,but earning will be very low in satoshis.Or else,you could join any signature campaign and start earning.But try to do atleast some effort. |
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What will happen after SEGWIT?
Just simple,BCC supporters will get disappointed and once again all BTC holders will regain happiness as bitcoin would continue to exist.Even they would get double happiness as BTC priice would be skyrocketing making them rich.Technically,transaction fee would get much reduced and they would be confirmed very quickly.It was the change which most of bitcoin supporters awaited eagerly for months for segwit to be activated and finally the day has come and the dream is going to be true. |
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