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4201  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: December 21, 2017, 02:23:02 PM
It is true that holding bitcoin is very much risky because you do not know when it will fall or increase. We can not guarantee Bitcoin's price movement in the market because no one can control it. I think that traders' opinions and ideas are just speculations and uncertain. That's why there is always panic selling.

The first and foremost risk in holding bitcoin is whenever you are urgent to exchange your bitcoin to other currencies it will take time or its exchanging fees was too high so we want to wait for somedays to get money with our hands.
4202  Bitcoin / Bitcoin Discussion / Re: What is bitcoin on: December 20, 2017, 06:50:08 PM
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.

I also tell them to google it if they want more information. Honestly it's fucking annoying when people that are clueless start making all these questions. It's going to be easy for them to just start doing some research. I tell them that it's a decentralized currency but it's better used as a store of value rather than a currency because it's honestly pretty stupid to spend your BTC on groceries when you know it's going to go up, similarly to how it's stupid to buy groceries with gold.



Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

Bitcoin is one of the online crypto currencies,it is one of the next development features of future generations.it is very useful for all countries in the world.
4203  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 2018 on: December 19, 2017, 08:10:59 AM
At the end of the year 2018 bitcoin play an important role in world economic market because the value of the bitcoin is increasing multiple time when comparing to other currencies so it can be possible soon.
4204  Economy / Economics / Re: Why people says gold is better? on: December 17, 2017, 01:24:58 PM
Gold is in the market for too long period and the price is very stable but in bitoin the price is not stable so people think gold is better than bitcoin.
4205  Economy / Trading Discussion / Re: What is the best coin to buy today? on: December 02, 2017, 01:08:57 PM
I usually do not tend to buy altcoin and only buy Bitcoin to keep the future. I think in cryptocurrency you only need to know Ethereum and Bitcoin then you will quickly make a profit because the 2 crypto always tend to increase.

I think the best coin in today's trading market is bitcoin so if you want to buy a coin today the best coin is bitcoin . other coins in the market are growing in a good way so you can also buy some some coins in the market.
4206  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or Ethereum on: November 30, 2017, 10:44:11 AM
Well, I say you'd go buy whichever is at low currently bitcoin is at a high price now, but it is not wrong to buy bitcoin because I know there is always a high possibility for the price of bitcoin to rise high as it's current price, but if you look at ethereum budget wise it's definitely smart time to buy now.

The best way is to buy both bitcoin and ethereum in future both currencies play an important role in economy
4207  Bitcoin / Bitcoin Discussion / Re: Who can destroy Bitcoin ? on: November 27, 2017, 03:53:43 PM
Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin.

we are using bitcoin because its value is very high. If no one use bitcoin it automatically not valuable.
4208  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: November 22, 2017, 02:34:20 PM
hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys!  Grin Grin Grin
I think gambling is a quick way to earn income and can be interpreted as a gambling activity to gain profit from a match, game or event whose results are unpredictable or predictable. will be very profitable if we win, and will be very harmful if we experience defeat.

I think gambling is based on luck,Gambling gives relaxation to us it gives sometime benefits and some times loss so we don't judge gambling easily.
4209  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 21, 2017, 01:09:46 PM
I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc Sad

Why is it so addictive?


I think the problem is you have nothing to do and you find gambling as a pastime whenever you feel bored. That is one of the reasons why I think some people turn to gamble and get addicted. Try to find alternatives to spend your time so you can avoid gambling.

Gambling is an most interesting and fun game in the world, it based on luck and time  everyone will easily attracted by gambling.so gambling is most addictive for everyone.
4210  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: November 20, 2017, 01:42:09 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

I use an online wallet, because it is easy to use, and sad cause I don't share my wallet details with anybody. But one thing is for sure, an offline wallet or a paper wallet is the best to store your coins for a long term run.

I store my bitcoin in an online wallet, it is very safe and easiest way to use and withdraw my bitcoin quickly. when comparing online and offine wallets, online wallet is better than offline wallet.
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