Is there any negative effects to bitcoin if it becomes more popular than it is now?
There will be no negative consequences of increase in the demand of bitcoin. In fact, this will increase the market value of bitcoin as the most common consequence which you observe due to increase in the demand of anything is the increase in the market value of that thing. As the market value is increasing, so it is resulting in the market value of the bitcoin by much larger value. |
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A simple lucky moment is to get back your loss on that day, and in the next day back to normal, I loose it again. Gambling is pretty good when you want to entertain yourself but if you do this for a living then you must get out of it.
Anyone who is really gambling for a living should just be ready to start digging their own graves, because at the end of the day, they either die from frustrations of life, end up having a heart attack, or even break down and never recover from it. It is a silly thing to do considering gambling as an investment and I am not sorry to those who see gambling as such and if they cannot accept the truth, which they say is bitter, then that is their own problem but I cannot keep shut without saying it. It doesn’t happens with all the people standing along the table because some people are lucky and win all the game they play during their day and at the end, they are full of excitement and joy to take this money back to home where his loving ones are waiting for him to bring something for them. All these diseases that you have discussed are only for those gamblers who are returning home with loss in their pockets. I have heard from many gamblers that their luckiest moment was when they recovered all their loss back when not a single penny was left as an extra in their pockets with which they can return home easily. It would be very exciting and relaxing moment because these were the end times and making hell money out of it would be like impossible. Also, returning home with no regrets on the face would also be a source of pleasure for your family members. |
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Hotels accepting bitcoins, are only really in the minority, although we should expect more hotels to accept bitcoins in just a few years as bitcoins support continue to grow.
In my country most people still do not know even the name of Bitcoin and that’s why it is not usable within the country. If the hotels in some countries have started accepting Bitcoin it is appreciable and by this way more and more countries will start accepting Bitcoin for their payments. People will start believing in Bitcoin and they will invest in Bitcoin and will use it for their purchasing. |
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If I have a lot of bitcoin, I will help the poor by giving some of my money to give to the less fortunate.
As far as I am concerned I want to need my Bitcoins for the poor and needy people because once I go through this the easiest way to become difficult for me to catch up on the regular collection and uses of crytocurriencies so I think that the same deed could be done in more easy way that is using your currency for the sake of investment or trading and then giving the profit in charity instead of selling your Btcs and converting them into fiats. |
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At this time bitcoin price is very dumping.I think it's time to buy bitcoin.Do you think, this is the right time to buy bitcoin or wait few days.Please tell me?
Bitcoin dropped and now it's stable. This is the dip you are looking for in my opinion. Yes exactly bitcoin price is decreased because of Christmas and then New Year. After this all, bitcoin will raise its value for once again and i am sure it will go higher in the next upcoming year as it increased its value in the end of 2017. You can invest in bitcoin fearlessly and by chance bitcoin is nowadays low in price but after ending of all the events it will rise again and will cross $ 40000 USD for sure. In this way you can earn profit at your home. |
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yes, i do believe that these holiday seasons are the cause of bitcoin price drop, some of us (bitcoin holders) are make it as a gift for ourselves and spend it for their own reason, like me i spend my bitcoin just to celebrate christmas with my family as a gift to me and for them, and i think these upcoming new year i will spend my bitcoin too just to celebrate new year.
This fall was more than blessing for us because we were expecting more rise in prices and then prices fall and all the investors came into action and bought bitcoin in good amount and I think prices are now again rising and it are already gone to 16k and those who were unaware of fall they still have chance to buy bitcoin because still it is affordable value to get in and many investors were worrying but they are ow satisfied. |
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Yes I agree when bitcoin changes many things in our lives. as an example . our life in finance and lifestyle will change due to bitcoin. our finances will increase due to bitcoin
Bitcoin is no doubt very much capable of changing each and everything and it can indeed make this world really the best place to live. The only thing which carries importance is the role of the government towards acceptance of bitcoin. If the government get agree to make this bitcoin as legal currency, then it will be much easier for the bitcoin to make this place really a wonderful place. |
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My strategy just simple.
What I do now only buy bitcoin and when gains i sold it. And join this forum to follow signature campaign for get more bitcoin.
You are going with an arming strategy. Buying bitcoins at such low rates and then coming up with much more profits at the end, this is something so smart and wise. Be on hold for the time when prices get high and then if you get your profit ratio, sold it for best results. Plus as you are following some signature campaign as well, so that would be a better source of getting free bitcoins. |
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I think bitcoin will be a fast transaction in the market because bitcoin has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.
While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency. The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies. In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering. The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin. You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price. I go for offline currency which is more popular and the stability of its value in a sense of what you see is what you get. Yes the bitcoin is too high value right now and popular in many country, but think about online currency. What if someone hack all bitcoin in just a little click ( too many God like hacker on our time ) , do you think it's more convenient when someone stole all you effort in bitcoin community. Just adding some sort of thinking. i do understand your doubts on bitcoin of hacking incident but i would say it would really need to take how many years for it to happen which quantum computers would really able to affect bitcoin. Comparing it on offline currencies then i would say fiat would really be still no. 1 no matter what and bitcoin is just really an alternative digital currency not only benefiting on its actual usage but also on the opportunity on making money. of course there are always doubts that will be felt by many people if bitcoin can be used as world currency. In modern times like now always appear criminal that can harm many people, let alone bitcoin can only be used online of course many hackers who try to use it by stealing valuable assets that do not use a bitcoin purse that is completely safe. There is no doubt that anything on internet can be hacked, it is just matter of time when hackers will be able to knock the doors of bitcoin holders. The best thing about this currency is that this is decentralized and has no central command, so it makes the people viable to secure the bitcoin from hacker, which means that all the people who have bitcoin, will keep the security of the bitcoin up to date and if there will be any loop hole for the attackers, it will be secure before exploitation. That's why I keep observing in different online wallet and always looking their security measure. From reference number,email back up, private key, offline database or what ever and many more. But some wallet says that , they are NOT bank and advise to "don't keep" too much money( bitcoin ) for some reason ( maybe when in case of losing money ). In my opinion bitcoin is far better than any other offline currency because it is not only a usable currency; it is also a very profitable coin business. If I have one bitcoin today and the price rise up to 30000 dollars in the next year I will make about 15000 dollars without any struggle. Other thing is that crypto is usable all over the world and there is no need to exchange your local currency into the required one for your purchasing in some different country. |
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The legalities of gambling vary from country to country where the people's culture is the main concern and beside government policies and connections are also a big factor like for example if you are operating a gambling casino and didn't comply a certain requirements mandated by the government then your operation is illegal, even online casinos are illegal to some countries.
Yeah I think there is o problem in gambling in bitcoin because bitcoin is decentralized and the governments has nothing to do with it. Therefore I think that if someone use bitcoin in gambling it is right and there must be no legal issue in this regard. I believe that nobody will know ever that you are gambling in bitcoin because it is online and the rest of the people have nothing to do with your laptop of computer. |
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Gambling is definitely a dangerous issue that some people don't take seriously until they get damaged , you probably won't be able to at this point , what you can do is to stop gambling and avoid it as much as possible. There was a thread before : https://bitcointalk.org/index.php?topic=1080319.0 and you may want to read it to get an idea about how greedy people are and get some ideas about people mistakes and how to avoid them. Definetely, one needs to control the uncontrolled urge of gambling. This not just makes you waste allot of money but also time and productive thinking. I agree with you for people to stop gambling alltogether. That being said, many people still do gambling just for the sake of fun and recreational activity which is still fine if done in limit. It gets serious when people dont stop even when they are heavily losing. They get addicted in gambling and turn there saving into mere loss. Controlling gambling, or rather heavy gambling, is in ones own hand. They should know what they want out of their life. Just fun or some actuall money. We all know that one should control the greed of making more money in gambling but we are asking for how to control this gambling. Exactly, that time that the gambler should have putted on something else instead of gambling, he would have proved himself very valuable in the market instead of being called by a name which is considered to be an abusive word in society. There’s nothing dangerous in gambling if one do it for fun seeking. |
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According to me i see a huge rise in the bitcoin growth.
In my opinion, bitcoin will having a huge increase this coming 2018. The price of bitcoin will increase and also the users of bitcoin will increase. Earning profit from bitcoin will increase also as well as the investors. But I think the negative in 2018 is there are some countries that will ban bitcoin because they don't know the value of bitcoin. Also the withdrawal process will be more difficult because many bank will ban the bitcoin. But 2018 is a great opportunity for us to earn money so be ready for 2018. It all depend on the ending price of this year if it will be good then 2k18 will be good in the price otherwise bitcoin will have to starts its journey again and fortunately now bitcoin has gone so high and this shows the true signs that bitcoin will get a good start for the 2k18 and that will give huge rise to the prices as well so investors need nothing to worry all they need to do is just hold their coins and wait for their desired price, |
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Keeping bitcoin is not a risk at all. If one thinks short-term then this is a risk. no matter what the unit prices are.
only the value on the market falls but the units you have remain the same. never lose value that is achieved.
I didn't get what you mean there's no risk at all short-term or long term has risk, isn't it? If you invest in bitcoin and market crash then you will lose part of your investment unless it recovers but since price is so volatile then no assurance. I'm not yet an expert in bitcoins so please correct me if I have wrong view about it. Holding is the thing which can bring millions of profit if you use it on right time and those who don’t hold their coins and get panicked easily they end up scolding themselves and I personally don’t see any disadvantage of holding people hold their coins for more than a year and they get a lot of profit and same apply now buy coin and hold until you want to make money out of it and then sell you will not face a single dollar loss, |
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actually it's still low than before that can touch 20% in one day, this is crazy but that's the fact some people get rich hence, i also do not know why it can happen but i do not care as long as its price keeps going up, it gives a positive impression to me .ha ha ha ha
Price some time will get high insanely and sometimes it gets low but the question is how are you going to make best of the market when it drops some worth. Recent couple of week have shown some really interesting fluctuations in the market, and people around the globe made some good profits. The best practice is to sell it when its high and purchase it when it is low, and the only thing which will make you master about this is your knowledge and participation in the market. |
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Just invest less than half of your savings, it's not good to take the full risk in investing as we all know it's based on chances
and does not guarantee success. Choose coins that are undervalued right now, I believe Ethereum tokens are good investment, as long as it's on big market.
Investing of your money is no doubt one of the best ways of making more money but the thing is it is very much risky to put in all your savings into investment. You can suffer loss as well in your investment and if you will invest all your savings, then there are chances that you will not be able to recover your loss. So, you need to be very much careful while deciding such things keeping all the possible outcomes in your mind. |
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Talking about world economy, we can only talk about world economy where we have collective effort but bitcoin has not been seen to be a phenomenal that is generally accepted by all country.
So, in my own view, it will rather contribute immercely to an individual's lives and this is already happening.
It is likely that btc will be one of several alternatives for the world economy in the not too distant future. Another theory is likely to be that many governments will turn their fiat into digital currencies (many are already doing so, especially in South America) and this would end up generating a kind of bickering between government and the user community of btc, as government currencies are likely to cost the same of physics btc would still be above all. |
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I think it's very possible, as we know that bitcoin prices have skyrocketed in a month, and this has made me believe that I can become a billionaires because of bitcoin, invest now and next year we will be billionaires.
That is correct, all billionaires seek to make more billions by the day and if bitcoin is presenting such a huge opportunity to increase your net worth i bet these guys are nose deep into it but have remained private because they can afford all the huge mining farms and setups to mine bitcoins. Yeah! They are simply investing into bitcoin on large scale but covertly. They don’t want to become the highlights on social sites or news channels for being part of bitcoin community. I believe that these billionaires are the whales of crypto market because they must own large number of bitcoin. Moreover it is easy method of storing their money which they don’t want to give to banks or store at homes. |
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Yeah. Dont do panic selling. Its a good sign that bitcoin price is decreasing because the result of is a bigger price/Higher price.
Panic selling is not a solution at all of any problem whether the coin is increasing in value or dumping hard. You should never ever sell your coin at a prices which is less than the price at which you bought it. The panic selling with bitcoin is so childish and absurd because this coin is all the time increasing in value and if it dumps for some time, you should stay patient as much as you can because patience is a virtue. |
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For me selling your house for bitcoin is not good idea.
But im sure you are selling that for some good reason.
Its too risky to do that, so try to find a good buyer, if you find one.
But if you are doing these just to invest in bitcoin, try to find a way to earn it. Because again it is too risky.
To further add in this comment, Bitcoin for anything which is necessity is not advisable. First thing first that we all do the business to live in a comfortable place and to make our lives costly. If we start selling the things which are necessities of life, then the risks involved will be very high and you might end up losing all the belongings. No doubt there is a lot of profit, but still making investments from your necessary belongings is not at all advisable. |
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I see bitcoin in the future widely accepted in the market. It also sustain as one of the leading coins in the market cap. Number of bitterness will be doubled and price and value continuously increased.
When Bitcoin can be easily accepted in the market then Bitcoin will be able to grow much better. We are all right now on a good track, we should be able to take advantage of this for the trust of many people against Bitcoin. It is the thing that can determine the future of Bitcoin, because if we can not do that then it could be Bitcoin will disappear so quickly. This world has not actually accepted this advancement in the currency. This will take some time for this world to understand this concept in a better way. There are number of people who only think of bitcoin as a bubble and they don’t believe in bitcoin. However, it is just a matter of time and things will be in very much favor of bitcoin soon. bitcoin will indeed lead the world. |
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