I would like to apply in this campaign Yahoo Btctalk name: Theb Rank: Full Member Current post count: 443+1 (444) BTC Address: 16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy Wear appropriate signature & Avatar: Yes Hope to be part of the campaign
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Savings are simply safe.
Savings are safe but savings cannot give you profit, but yes savings help you in future when you need money to meet your expenses. A money that is in a standstill is a worthless asset because its not moving, that is why all the companies with extra cash are put into overnight interest bearing investments so that they still earn money without even doing anything. Any person who wants to take advantage of gaining profit has all the tools in front of him and we better use it to maximize our revenue.
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Well it can in several ways. From foreigners using Bitcoin as some kind of currency it will increase that country's flow of money. Also if the citizens in general use Bitcoin interchangeably with their Fiat it will have a positive effect on all of the businesses in general. But when you think of it the general use of money will always result into a positive economic growth.
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I have my two children, first of all I taught them the numbers, then I learned the concept of money, I'm waiting for the moment I did not tell the bitcoin topic, because I do not think they can grasp it, someone is 8 years old and 4 years old. But it's all I have to tell them.
Anyhow give a try, but at this age very few kids get interest towards these activities. Most of the kids has the mentality of playing with friends and having fun. Kids easily handle smartphones and other systems but when it comes to bitcoin it cannot be easily understood. In my view if it has got a physical state then kids might understand it in a easy manner than the virtual understanding. You are right even adults took time to understand Bitcoin fully what more if you tried to teach your kids about Bitcoin? It is too complex for them to be even introduce by Bitcoin as they should not be even using the internet in the first place. My suggestion is that you step aside first about teaching Bitcoin, the important thing is they know how to handle money like financial planning and then they will understand Bitcoin by themselves when they grow up.
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Nothing, really. Some of them also don't like Internet, Internet banking or shopping on Internet etc. Who cares? For us is important that more merchants accepts bitcoin and that btc price continue to grow. You can't please everyone. I don't think it's realistic that everybody will accept bitcoin, even when bitcoin becomes mainstream.
Absolutely right, haters will be there or the so called non-believers to be honest their effect on Bitcoin's price would be little to non as later on they will eat their own words after Bitcoin has proven itself. Right now people have their own personal preferences for example some people still prefer other modes of payment such as credit cards as they say it is more secure nobody is wrong or right as both payment options are secure.
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I would like to invest but I don't own a bitcoin wallet... I think it would be wise to accept other alts; ltc, eth, dash You would most likely receive much more funding
I would also suggest a blogging bounty campaign, those reach more users than on bitcointalk sigs will
Good luck on the crowdsale, I will wait for exchanges.
How can be that a problem? When you can easily get a Bitcoin wallet in a matter of minutes. From Coinbase to Xapo you can choose a wide variety of wallets out there. Also I think that they are accepting other coins, look at the first page of the thread you will see that they are accepting LTC, ETH and Ripple for their Crowdsale Process.
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Of course everyone has dreams of getting rich with bitcoin, given the value of bitcoin in the next 10 years, is expected to reach high numbers, we start to start for infestation from now
That is a bold statement and I don't think that there is really an exact number or anything that can be said it will go in a high price. We all have dreams but let us accept that there is a reality behind it. 10 years from now we don't really know what will happen to Bitcoin there is always a threat on Bitcoin's success from other Altcoins to Legality Issues it will still be there. And I don't think it will be a smooth journey for Bitcoin.
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Benefit of saving Bitcoin for a long time is obviously BIG PROFIT. If you are able to buy or hold Bitcoin in the past few months and sold today then you'll sure profit a lot. It is also good to buy or hold Bitcoin with the current price today but do not get panic because sooner or later big crash will happen. Another benefits of saving Bitcoin for a long time is if you need money to pay for something but you are out of money already then you have a Bitcoin to exchange for flat.
You can simply say it like that but holding Bitcoin is more harder than you think, Just like what happened yesterday when Bitcoin reach 2750$ per Bitcoin it quickly had a sold down in which caused a dip to 2350$, seeing a 400$ dip is a sign of which players are getting ready to sell a lot of their position in which they will also buy after the price stabilizes in a lower price. You see I think trading with Bitcoin in the short term can give you profits too.
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Anyone tried or currently trading forex is it possible to make money on it?
They had guidelines on how you can start trading with forex they also have flow chart and instructor if you really want too also they had practice mode but when it comes in reality you will be distracted of all the coins in there you will be distracted on what coins will be buy and everything will be fall apart until you will lose everything from it. I lose 100$ dollars there and never tried it again. Bro I think what he is referring to is Fiat Currency which is "Forex" or foreign exchange and not Altcoin. Forex is much more simple and easier compared to Altcoin trading as you can based your trades on how the country's economy is doing which is reflected to the currency's price. Also one of their tools is not called a flow chart but basically just a "chart" in which you can choose from lines to candlesticks.
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With the rise in bitcoin prices as now many bitcoin users are happy with it but some people there must also feel disappointed with the rise in bitcoin prices.
those people are the people when all of us was saying: "buy bitcoin" and they did not listen and not only that but they were saying it's scam etc etc... and of course those that choose to invest to gold, silver etc etc.... the future is here! we live it! It is no exaggeration to say that Bitcoin is the new gold. Maybe people investing in gold will have good returns in the future, but I think they will be small results in terms of proportion with Bitcoin. However, investing in gold may be safer for these people, especially when it comes to large sums of money. Right now you are all right, because Bitcoin's price is more than recovering now, it is getting in a new all time highs and its not stopping yet. Not even the big players are selling their position hoping to get the most of their Bitcoin. And we have to understand Gold is now a stable asset comparing is to the way you will earn with Bitcoin is simply not right, because Bitcoin is volatile.
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Bitcoin definitely has the potential for corruption. It is hard to trace and with a reliable mixing service you can convert it to fund relatively easily. Its used to buy and sell drugs already, its only a matter of time before you can bribe government officials with it as well.
Anything related to money can be a way for people wanting to corrupt someones money. Limited access to once wallet just like in a bank can be a way for them to think of doing illegal. Basically anything that can give corrupt people at an advantage will surely be use at their corrupt things. Bitcoin right now is basically being used in money laundering what more it can do to other illegal things. It is a fact that Bitcoin being so secure made it popular to criminals, so popular that it became a main currency in dark web.
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Haters are everywhere.We just have to ignore them.After all,they're not worth it to be wasted by our precious time.We cannot earn money if we try to hate them too.So why not love our enemies instead.And focus our time to bitcoin.
You are right, also there is really no cons about having non believers. It is a normal process in which people have different views and opinions on something. What I am trying to tell to you is that nothing will affect us if they are hating on Bitcoin. Our earnings will be the same, our views will be there and most of all Bitcoin will prove that they are wrong about what they are saying.
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I think, it is not necessary to teach them about Bitcoin. Bitcoin is not s game. It's a serious issue. Kidds have to play game, to learn their lesson and to enjoy their childhood. So they should be kept away from Bitcoin.
whoah not really to keep them away from bitcoin. I don't think theres anuthing wrong with teaching kids about bitcoin but that is if they are really interested in it. I doubt that there are a lot of kids who are actually interested in market issues. so I agree that kids are supposed to be enjoying their childhood but if they want to learn about it, why not It is pointless to teach any financial transactions to a serious language of children, because they will not understand this. On the contrary, it will be an exciting and profitable game to collect Satoshi with the help of cranes. Bitcoin is not a serious issue but it may be too complex for kids at a young age to understand. You know why? Even adults took time to understand what Bitcoin is before they got comfortable with it, I for example almost give up on having interest with Bitcoin because of a lot of new information I am having in one day, too much that it made me think twice about Bitcoin. Now imagine it about kids making them try to understand something complex like Bitcoin.
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I don't agree with bitcoin bank because it is like destroying the bitcoin because bitcoin is not for storage, it is for usage and people like to use bitcoin as a currency and not an asset only that need to be stored for safety. Bitcoin bank is such a bad idea and we should be not developing like this because it is all against the real essence of bitcoin.
Yes that is correct. Bitcoin bank is totally against the meaning of Bitcoin. BItcoin was created for the anonymity and the security and the decentralized system. Therefore, do not ever put your bitcoin in some kind of Bitcoin banks Having the bank control your Bitcoin will totally limit your earnings as they are the ones benefiting from your Bitcoin. But I don't see any possibility that Bitcoin banks will exist due to legal issues, also what Banks are looking for is a stable currency to work with as a volatile currency would only cause them headaches at an accounting point of view.
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Guys sorry for this question above but I would like to ask here that
What is the difference of Trading to Investing?
though I know that I can search it in google but I want an answer from those people who have already experienced this two. Thank you.
I hope you can help me in my confusion..
Trading is the process of exchanging of goods or services. Like in the trading sites. They exchanging different coins while the investing is a process of hoarding to buy and sell coins. No, that was the old definition of trading and investing. Right now the terms are mostly associated by how much time you are holding the asset (e.g. Bitcoin, stocks, other altcoins). Trading is use when you are holding something for less than a year which is a short term position. However a long term position is referred to us investing in which you hold it more than a year or so before you start selling.
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Right now all i can say for people who are holding Bitcoin it is the best time to ride the price action now as its surely does not show any signs of stopping. But also I don't recommend buying up Bitcoin as it is not a comfortable position to with. 2017 will be the comeback year of Bitcoin as it surely recovered from the price crash that happened to it last 2016 when it went down as low as 500$.
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After the humiliating defeat with a gap of 44 points, Boston put all his hustle on by making a fantastic comeback (-21). Surely Cleveland has lowered the concentration by thinking that he has already won. I think Cleveland will surely be on the 3-1, but Boston playing the fifth game at home can extend the series
They hand Cleveland Cavaliers their first even lost in the playoffs. So there will not be a sweep in the Eastern Conference Finals. So I think its possible for San Antonio to do it without Leonard as Celtics did it with Thomas out with the remainder of the playoff. That's why it is so important to get at least a win because it will boost their confidence thinking that they can overcame their opponents. Lebron has one of this worst playoff game ever with just 11 points and 6 turnovers. It could be a different thing for the Spurs as of right now in the case of the Cavaliers we saw in game 4 that one of their stars (Lebron) under performed through out the game. While on the Golden State Warriors on the other hand we saw that all of their players are playing in their maximum efficiency much more what the Spurs can handle now without Kawhi Leonard in the team.
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From my perspective, investment must be better then saving regarding profit. If we want to invest money in a profitable sector then after some period of time we will get a handsome profit. But if we want to keep money with us then it doesn't create anything.... One thing I want to add here, money begets money. So your money should be used or invested.
it works both ways dude. investments, even though they're very worth it, involves risking your money. and I think that there should always be a back up when we talk about taking risks. that's where your savings will be of much importance. people usually don't see this thinking that profits and money movement is a lot better but then they'll realize theor mistake of one or two of their investments bust out I agree with you people should know that saving is not enough for your future. What I mean about this is when you retire you will know the importance of investing your money rather than saving it as it will not only maximize your money it will also save your time for doing extra work while you are retired. Investing is what can also make you financially secure.
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You certainly can not advance with guessing. Education is a must in this regard as it is in every case.If you are educated about economic trends.You can guess a lot of things.But if you are not educated.Your guesses will surely make you profit loss and economic damage.
Economic trends has no relation in crypto currency since it does rely on the volume/quantity of itd investors. Guessing sometimes are profitable yet it's better to read every updates so you can know which coin has a potential to pump. I agree. reading and studying to make good decision is appliccable to alt trading. you never know if the coins you deal with will make a good run or not and no one ca ever predict accurately though if you prepare and research on it then you have a very good chance of making a good prediction There is no difference in any technique in trading, Between trading stocks, currency, and even altcoin all laws, indicators, trends apply to one. That is the beauty of trading because once you master it it can be applicable to all. But Trading is still hard to master even if you know what you are doing there is still a chance that the opposite will happen.
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I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level People already started to understand that bitcoin represents a long term investment. There no point to sell it on 2000, then to buy again on 5000, 1000. It's true that there's no point to do selling today if you think and believe that the price of bitcoin will increase soon. But for others profit is profit, and once they understand that bitcoin is a great long term investment they will soon realize it that there's mwe to come if they won't panic. Well its inevitable, we have break the mental barrier price ($2000). I think that casual traders are waiting for this to happened so that they can make a profit. We can't blame them for that. I'm just hoping there will be no regrets at the end because the price is really going up. I personally, would not panic and sell my bitcoin. I will still hold on as I can because just like I said the price will be so strong at the end of the year. You may be wondering why even though it went way above 2000$ it still not falling. Well the answer to that maybe because of a lot of new investors bought Bitcoin at a high price which means around 1900$ and above which investors would not accept a 100$ gain. That is why right now old and new investors are enjoying the price action of Bitcoin.
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