The risk of losing your bitcoins if your wallet isn't secure enough. I won't go deep on this topic, as a lot of threads here in bitcointalk and on reddit has addressed the security topic already.
Also, bitcoin could nose-dive in price anytime. Even though in theory, bitcoin's price should continue to go up longterm due to supply and demand, it isn't guaranteed. That's why people always suggest that you only invest what you can afford to lose.
Having a suitable wallet for you to hold your Bitcoin is one of the problem that people who uses Bitcoin have. Because we could not hide the fact that bitcoin is a part of technology being in the form of crypto-currency, we should always take action in terms of making our holding always safe and if possible secure enough for us to keep it as a whole and used it in different transactions, investments and for savings. |
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Bitcoin is the only one currency which is dealing people and people are coming attract to bitcoin because bitcoin is the only currency which having future well if we think about ETH then it is also quite good for future. I do believe that banks from past years of old times really accepts only one currency, but as of todays modernization of banking technology, banks were more aware and accepting exchanges from digital to fiat currency. Sometimes it's getting redundant to read this questions so far, because bank will not be eliminated due to it's purpose is highly recognized by people around the world. It is most likely to happen that bank will accept bitcoin or any other form of cryptocurreny rather than to be eliminated. I found out that the currency such as bitcoin as a form of cryptocurrency can really be a vital factor for development in terms of economical state of a specific country or any other platform of business, so the best thing to do is to actually get in to the flow of the development of bitcoin for bank to adapt on the development a part on the future of bitcoin. |
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Mine is simple and the best. Buy low, wait, sell high.  For extra I do day trading when there is panic making the price swing up and down. Don't force yourself to trade that much, take some distance from time to time. It is quite proven that the best way for traders to earn out of their bitcoin is to initiate and to have a proper system in regards to transactions. And it is the buy high and sell low transaction. Because for someone to earn they would also need to have an initial deposit where they will going to set a target price and make a decision out of every changes aligned on the target price for them to earn more and to have a better way of earning. |
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You talked to big economists? Sure. Well anyway, these economists run their businesses on fiat currencies and banks. It would very much make sense if they keep saying that bitcoin is a bubble. Just don't worry and don't listen to articles from mainstream media and magazines. We are nowhere near a bubble.
Economist or the people who have a control on some portion of economy may not believe on Bitcoin future in the first place , because the only currency theyve only rely on is the fiat or the dollar base currency where each circulation of their investment have an initial proportionality on every portion of their investments like tax and reform. They do not want to have an unsustainable matter in part of their economical investment becasue they do not know bitcoin system as a whole. |
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On the off chance that you need to anticipate bitcoin cost increment or diminishing appropriately you require embrace learn about bitcoin and exchanging examination or refresh yourself everyday news, I think nobody control bitcoin. It's free the majority of the control
If you are going to invest on bitcoin the best way for you to know if you are going to have profit or to earn, first thing you need to consider is to learn the system of bitcoin in terms of transaction and how it stock on the market move for its value to develop and increased its price. |
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Ugh. I've lost so much potential profit by not being patient and not believing in bitcoin--but I don't dwell on it, since none of us knows what the future holds. And that's the main reason why I don't trade altcoins. The market volatility is insane, and I don't have the stomach to be patient in a market where you could potentially lose literally everything in an instant.
Once I get my debt settled, I'll be buying some bitcoin to hold on to. But no altcoins for me.
It is quite normal for people to be hesitant on something that they do not know well. So for me the best way for people to know or to earn more is to set a lot of time for them to learn and to have a basic role of learning with the used of bitcoin and also earning bitcoin with different ways and modes. But for it to happen one should have a lot of time and for them to achieve they also need to be patient enough to find ways and to learn more. |
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I think u should invest now . Why ? The price is spiking up in next few years it's gonna worth alot more.
I regretted I didn't buy bitcoins when I knew them at 2015 so it's not too late now
It is always depends on us if we are going to invest or not on a particular project or coin. But if you want to have a better option for you to earn and to have a profit you should always need to be open on accepting and learning ways for you to deal with time and decision making. Because the critical part on investment is making the most out of every transaction you will do and choosing the best decision. |
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Sir SmartIphone I also have problem in regards to distribution of stakes. I've already send you a personal message, hopping that it would be correct before the token distribution. |
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Sir SmartIphone could you please check again my profile link and count my post during the campaign of Centra. I assure you that I've posted 50 plus quality post within the Campagin. I've apply on the signature campaign on the date of September 22, 2017. And my total post is 52 quality post. Could you update the spreadsheet and distribute my stakes. Thank you in advanced.
Regards,
Micher143
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Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
For now yes you can stop buying it because market is reacting in a negative way after the Exchange in China have started to shutdown. This would be a signal that other countries may soon follow it and thus the prices are going to slash in a big way in coming time. If you are planning to buy bitcoin in terms of invest or as a part of investment for you to earn, you will need to always look it as a form of trading in the sense that you will actually need to decide whether to buy bitcoin or not depending on its current price. Becasue for you to earn and to have income with the used of Bitcoin, you will also need to deal with the value of Bitcoin and your target price for you to earn and to have a profit in every buy or sell you will do. |
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Bitcoin will not die even china ban exchanges or IcO or what ever. Because bitcoin is for world wide .if china not use bitcoin anymore yes they have effect ban not big. Because many country also use bitcoin or crypto currency . Even bitcoin price decrease for sure it will recover again because many people buy again bitcoin if they see the price decrease because they want to earn money. Bitcoin will not di!.
I agree that bitcoin would not die even if China as known as the largest country of the world would stop on dealing with transactions with the used of Bitcoin. Because I beleve that there is much more future within the used of Bitcoin for the developing countries out there which is more capable to achieve growth and development on the support of its people. So China can serve as a factor but not the life line of bitcoin that can indicates the time of bitcoin to die. |
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This is what happens when there is a crisis, like the bank runs in the past. People tend to panic because of their fear of losing money. They always go for security. People who are into trading should instead utilize it as an opportunity - for them to buy low, then sell high. That's how the market is. It is truly amazing how high the profit is for those who invested and bought bitcoin at a low price, because the price now is at an all time high!
It is quite normal for Bitcoin to experience changes specifically development and growth in terms on its price and value. Becasue it is a form of crypto-currency which it intended to used on future purposes which it can be a better current in transactions, investments or even trading that could give people an opportunity to earn and to have a daily profit if they would have the time to learn the system of Bitcoin on transaction investment and trading. |
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Using a single currency will be a disaster if we talk only about Fiat because how could anyone supervise it, i mean a country could print an extra amount so... But if you talk about cryptocurrencies including bitcoin then yea it is a good idea. Aren't we using the same money ( BTC) while we are from different countries?  It is true that the result of a sine currency depends on what type of currency we will consider to used. Becasue it depends on the system on transaction on every currency you will used. And the best example is fiat where it much needed a depending currency for it to develop and experience growth becasue it is an example of direct transaction currency with a fix value and rate in contrary to bitcoin which is a form of crypto-currency that is a form of crypto-currency that it's price is so volatile that it can be used in investments becasue its price can experience development and growth. |
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No I do not have any bitcoin Debit card as there is no any ATM for bitcoin in my country, I hope it will reach sooner to our country as the users of bitcoin are increasing faster in my country and the government is also in its favor.
I am also not aware on such uses Bitcoin with debit card, becasue for now all I can see to bitcoin is its potential to grow and to develop where it can achive development and growth with the proper used and learning through the system of Bitcoin on transaction, investments and trading that can give people a chance to have a profit with the used of their bitcoin. |
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Well, we have to thank Japan for really leading the way for the burgeoning adoption of Bitcoin down to many merchants or retailers. I am sure this can somehow make Bitcoin more popular as it can now be used to buy real-world products whether online or offline. It is now very convenient to pay Bitcoin because of the provided infrastructure.
As with the great USA, there seems to be a slower adoption of Bitcoin from merchants big and small. It can because of the still-lacking tax and legal framework to work with. We are having a wait and see attitude so far. Hopefully, in the coming months and years there would be an uptick in the merchants' attitude towards Bitcoin. Well, we are all hoping that soon Amazon and other big online retailers can facilitation the acceptance of Bitcoin.
There is no questions there are still many issues that e-commerce has to contend with in relation to Bitcoin. Many are showing apprehension with the currency's volatility which can definitely affect potential profits. Not to mention the reluctance of the government to fully recognize Bitcoin.
Probably in some developed countries legal bitcoin of course already available some services both store and other facilities that provide transactions both online and offline using bitcoin facilities, and maybe only time factor bitcoin will be a digital currency that can be used in various countries with various transaction services That is true, if all countries will adapt the system or bitcoin I'm terms of transaction, investment or trading it could be the number one key for Bitcoin to be a accepted currency for all types of transactions, investments or even trading. And developing countries has the higher probability to achieve development and growth that is suitable for good transactions in business becasue the price and the value of Bitcoin is volatile in the sense that it can achive growth and development with the help of the support of the power through it. |
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If you look at the graph or trend of bitcoins growth, It is very justifiable that anytime would be a good time to buy bitcoins since in the long run your bound to get a profit. It's just a matter of when is it 'better' to buy bitcoins. Of course it's better to buy at its low, so if you want, the price is speculated to decrease this november.
The bitcoin growth is just the assurance for people to decide whether to buy bitcoin when its price fall. It means when people know the graph or the sudden increase of the bitcoin price or value, they would be more interested on the capability of bitcoin on investment, trading and transaction that can give them an opportunity to earn and to have a bigger profit. Which is a vital factor for Bitcoin to increaser because bitcoin mostly depends its price to the support of people and the chains of transactions. |
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Bitcoin continues to grow and is making adjustments to be more acceptable by many people. so with that development, its value will also continue to increase over time, and I think in the next 5 years bitcoin will be more in use more people than we imagine now.
I also see that bitcoin would develop and will experience growth. Jut look at its changes and innovation a part to the development and growth of the technology. It is so much aligned to the technology wherein its system is capable to develop when the it comes the time more people will increased or the support of Bitcoins n will grow. So if you are going to decide whether to support Bitcoin or get into Bitcoin the best thing to do is to continue our support and to have a better way of earning and transactions for us to experience the development ang growth of Bitcoin. |
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I think someone could create a game about it , a game composed of story telling which as they progress they get to know more about different angles of bitcoin world which could be useful when they grew up  Creating a facts and a game about Bitcoin the is suitable for kids is the best thing people could do if they want to influence the new generation to get into Bitcoin as early as possible. This could result for a total increased of the support of price who will used Bitcoin on transaction in a daily basis , investments or trading becasue the kids is somehow the future of a specific country. |
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Let's say I am spending 250 USD to mine a coin of worth 330 USD, selling it immediately doesn't give me a big profit. If I am selling the same coin for 500 USD then thats a good strategy.
(amount spent on mining per coin in FIAT) : (Value of the coin)
when you get a good ratio convert the coin to FIAT.
If you are going to have the same scenario where you are going to used a money or to deposit an amount of fiat for you to earn or to mine bitcoins the thing you need to do is to analyze every transaction or decision you are about to do. Because you could not earn if you will just see bitcoon as a short term investments for you to sell it without depending the sections on the current price or rate of bitcoins value. |
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Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
You can try to invest, lend or save it for the mean time... if you can convert it to your local currency the better so that you can spend it to your locallity... i think it depends on your wallet.. for us... we have this converted to our local currency and claim it through wire transfer... it is how we done in our country.... so if exchange is not available in your country.. try to contact your friends and relative and let them be the one to exchange it for you then send it you through wire transfer.... You have a variety of ways for you to used your Bitcoin, you could invest, trade, deal with transaction or even start a business with the used of Bitcoin. But the for you to have a profit and to earn more you will need to have an initial investment of time for you to have the know you need to deal with the system of bitcoin. |
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