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Base of what we know, bitcoin was the first decentralized crypto currency and to think if it will gone, I guess all altcoins will malfunctions because altcoins cannot convert direct into fiat without bitcoin, so if this will be happen then crypto world will totally gone. I hope thus can't be happen.
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
Yes. I do believe that bitcoin can not replace fiat currency because firstly, fiat currency is way more popular than bitcoin and fiat currency also has way more users than bitcoin around the world. Secondly, fiat currency is trusted by everyone throughout the world whereas bitcoin is not trusted by everyone. Fiat currency is also accepted by everyone around the globe whereas bitcoin is not accepted by everyone. There are only limited people and places where bitcoin is accepted. I agree and it can't never be happen, as long as bitcoin keep on decentralized, so government can't take full control of it. Aside from that there are some countries that has a people don't know how to use internet, so therefore they don't know about bitcoin. That's why it can't reall be happen that fiat will replace to bitcoin. |
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It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Having a knowledge on the economy or business will not guarantee of you going to be millionaire. Those millionaires are strategic people who use their skills, capital and hardwork. Bitcoin millionaires really deserve their wealth because they invested their money and took risks. They also patiently working for them to gain profit. There money came from legit ones so they really deserve their millions. I agree, Those who invest and took a risk in bitcoin technology are really deserve to be a bitcoin millionaire because even though they don't yet know if bitcoin will grow up like this a huge value, but they still invest to make it build. I really thankful for those guys because if they don't invesr fisrt perhaps there's no bitcoin existing now and no one could earn money through bitcoin. |
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I am eager to invest for now. But, I am still confused which coin should I choose. so much of his coins are good to invest. I just want to get the best coin among the good ones to invest .. please me, give me feedback.  Of course bitcoin because At that time you made this post, was the time bitcoin starting to plunge its market value and its much even worst when its step in the first week of Febuary, so if you bought bitcoin at that time well nowadays it becomes double and there's a possible to make it more profitable as the time pass because the speculated price of this year 2018 is will hit in $50,000. Hope so it will. |
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We need to gamble, because we wants to earn money and the profit, not only for that they want to experience the enjoyment. Gambling is a best for pastimes, and it makes our self improves our skills and feel enjoyment. Most of people say they need to gamble just for fun or to earn profit. There are many chances of winning when we gamble.
I disagree. For me, there is no need for us to play gambling it is just our choice to gamble hoping that we can earn money or get profit. This is also a mistake because if we want to earn money, we should look for a job and get a stable one for source of income. Gambling games are made for fun and not to be a source of income, most players will likely loose on the end and the chance of winning is very little so it really is not a good way for anyone to depend to. Most of the regular players end up becoming addicted gamblers where instead of earning money from playing, they end up losing most of the time, bankrupt and in many debts. But if you see clearly then you will know mostly people become gamblers because of earn money, later on we could realize we couldn't earn from gambling. But in starting, we all have same thinking in our mind to earn money and win the game. But it is not need for us to make ourself gambler, i agree with you, gambling is not necessary for us to play it, it is our choice we choose to gamble or not. Yes, it's depend upon us neither we like or not to do gambling. Those who have passionate in gamble was can't deny to their self to do not gamble because that's who he is and nobody can change it. Yes, every gambler tries to attempt gambling was intended to earn money where he might think that it is the easiest way to earn money but in reality it comes up more losing rather winning. |
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I’m newbie here... What’s the best way to earn Bitcoin? I need assistance please. Thank you.
The best way to get bitcoin I think by participating in the ico project and investing there. Or you can try mining. Or can also trade on altcoins. it's up to you to choose which one. I just suggest you. Hope this helps. You're quite right mate, but I think the OP needs is an advice to someone not an assistance because if he want really an assistant then he can try confront some of his friends that also relate on crypto, where he can sharply learn about crupto and can totally figure out by itself where should be enter to earn bitcoin. |
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Forums are being filled with speculation, almost all topics that appear lead to falling bitcoin prices, whether this will continue, this is the right time to buy, blah blah blah. Come on, the storm must pass, let us focus on the positive topics instead of continuing to discuss this 50% decline. Start talking about the positive news from Singapore deputy, bitcoin that has gone up 20% today and others. Think positive and positive things will come.
I agree. If you are a true believer of this market, the better thing to do instead of being panicky is to be positive that the market will recuperate and just plan ahead. Many successful cryptocurrency users have showed great patience and good use of their knowledge of the trends and changes in the market. The more patient you are, the better investments you could makepositive use you would make sure that all ventures you do are well-thought and well-timed as well. Same thing here, think positive habitually is the best thing to make succes in every investment you made. Because if you don't have this attitude then you will get affected easily from some bad issue about crypto that comes up a few days pass. Like what you've said, again. Patience is a must! |
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The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
I agree that there will be organizations who will accept Bitcoin as donations especially it is the trend today, seems like everyone will be more open to crypto currency despite the fact that it is risky in some ways. Maybe, like the major concern here, we need to be sure that these organizations is far from possible scams and has a great knowledge in using these cryptos. We should have the assurance that all of our donations, if ever, will be in good hands and can truly help these unfortunate people. If you really want to donate an organization about poor and needy well, there's another way to make you hassle free to donate or help for those who needs and that is through convert bitcoin into fiat ,so that no need for an organization to convert it into fiat and could make them directly to buy some foods and basics to share it for those who necessarily need it. so that there wiol be no hassle and can directly to use that needs |
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All I can say about this strategy as what the majority says that it just only effective for those old in crypto trade or let we say expert trader. For those newly about trading are really make confused by itself if they used this strategy, so as a newbie I also don't quietly agree of this strategy perhaps I don't have experienced enough to make myself understand in that matter.
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Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Base on my research, Security and control Bitcoin users are in full control of their transactions. Bitcoin payments can be made without personal information tied to the transaction. This offers strong protection against identity theft. Bitcoin users can also protect their money with backup and encryption. |
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I'm not ashamed of being a gambler. Most people are to some extent. They may not be going to casinos or gambling online but when an opportunity comes they grab it without thinking twice. My family members know what I'm spending my money on and they usually don't approve (officially), but aren't trying to change me since I'm independent and not in debt.
I think you shouldn't try to hide it. Gambling is not a weakness as long as you do it in moderation, just like drinking.
Maybe if you grew with a family that hates gambling or criticizes gamblers, then you might have developed the constant feeling of being a shame to the family or something. That's how you are going to feel every time you gamble, and that's going to creep you up. There's nothing wrong to be ashamed of something and there's nothing wrong with not feeling ashamed too. If it is normal in our family as a gambler then why anyone feel ashamed on it. But if your family have some argues on it and your country legalistic the gambling, then better to quietly playing gambling. But i don't care about my friends and anyone but i do care about my family reaction, that's why i play gambling in a quietly. If a person still depends on its parents that still grounded of every step he made, well that could be a problem and it is necessary to him to quitely do gambling everytime time he wanted to do it. But if your family already accustomed of your gambling activities, then there's no need to be hide in fact you must just discipline yourself to let you won't get addicted on it. |
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can this world stop in gambling?
someone who like to gamble hard to escape from the gambling trap. almost like a drug addict. Even after they went bankrupt still struggling to gamble by borrowing money for gambling. Actually what do they expect?
Haha they won't stop gambling, the feeling when you gamble is irreplaceable, it's kind of addictive. Like when you are with heroin, the feeling is so good that you cannot stop and you will do everything to feel again no matter how expensive it takes. I used to be a gambler too so I know how it feels, but after losing so much, I promised not to gamble anymore, that promise make myself succeed today  But i do not think that most of the people can fulfill their promises while playing gambling to stop gambling whne you reach to your limit, most of the people always increase from their limit, In fact majority of people are willing to make good money from gambling, they have good expectation from gambling to make good money in short period of time but the fact is totally different and most of the people lose money in gambling. I think, if a person is a real gambler and gambling is his passion since form his childhood, well it's certainly not easily to decisoin by itself to stop gambling, it's need some help to someone that could make him realize if he stay leave in gambling it cam make his miserable and advise to stop on it. |
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Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
While bitcoin is a new and exciting technology when it comes to investing bitcoin is like any other currency or asset, and it has been proven over and over again the superiority of holding over long periods of time over trading actively your portfolio, in fact the fastest you trade your portfolio the bigger the losses, that is why holding is the preferred strategy for those that have experience with bitcoin. Most of the crypto pro is recommend for those new in bitcoin investment is to hold when it's dip because they experience many times from the previous years that bitcoin will rise after the hard fork and it's much getting higher in value, so if we have enough patience to hold well, we have a better future await in the future come of bitcoin and possibly become one of those who get rich because of bitcoin. |
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will this year be the same as last year's year after the Chinese New Year's celebration of the bitcoin price rises again and even exceeds the previous high, I expect bitcoin to rise from this decline, and we as users should be able to keep the price in the way we do not panic at seeing a price drop because this is all just a matter of time
can bitcoin rise after the turn of the new lunar year later?
Of course, bitcoin's price will rise again for the next few months. All we need to do is to wait and continue earning bitcoin so that if its price become high again, we can earn a large amount of profit to it. Lets just trust to the capability of bitcoin. It will probably go back to its track and will continuously increase its price again. I agree, even now it's starting recover from below $6,000 and now it's heading to $8,000-$9,000. I hope this recovery will continue even until the end of this month because I hold some of bitcoin and this month I have some very important project need to be done, so I need to dump some of my fund in bitcoin to spend and totally reach the target of my estimated project of this month of feb. |
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Have you ever felt that you didn't play just because you were shy? I have felt this in casinos, and I just felt the pressure, but there's no need to be because everyone just minds their own business in gambling. Probably some people even pushed you to start gambling. I just thought about this because when I tried gambling for the first time in casinos, I don't know if it's okay to sit in tables whether the game is blackjack, poker, anything in the casino just so that I just felt shy because I'm a newbie.
Have you felt this way? I don't know if playing online casinos would have that effect also. What do you think?
For me i don't even care and i am not shy when i gamble, why would i, instead of shyness you have also be confident and smart or being alert when you gamble. shyness can't help you to win when you are gambling. That feeling is normally felt when you are new in gambling. You thought all eyes are looking at you so you dont want to make mistakes because you’re afraid to be laughed at. You pretend to be good in it just to hide your shame. Yes, you're right mate, most of the gambling entrants especially when they are shy type people can really experience that kind of situation. That's where they feel as though they are just overlooked by people inside gambling. |
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I always wonder why do people say "I am gambling for fun and not for the money".
Why do you use money at all to gamble? There are plenty gambling sites in which you can easily play with fun money, play money or "whatever it is called" money.
Why do you use money to gamble for fun?
Whoever is gambling for fun using real money please reply and be honest.
Some people confidently to say about that because they're rich which is have a lot of money that can afford to loss whatever money they spend for gambling. Perhaps gambling is their passion as well and the only way that could make their money will be wasted. |
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I mostly follow the signature campaign to get bitcoin, because this is the most effective and easy way, besides we can get bitcoin we can also get a lot of knowledge about everything that exists in this world. and there are still many ways to get bitcoin through mining, investing, we can also buy bitcoin at certain supermarkets that have sold bitcoin and can also get bitcoin by gambling but look negative on people's eyes. trading is also a very effective way to get bitcoin
Bitcoin has proved out to be the life changer for most of the people and that is the reason the number of people investing in bitcoin is increasing very much tremendously with every passing day. You can get bitcoin by using your paper money and this is what most of the people are doing now-a-days in order to become the owners of their own bitcoins. Other than this, you can also go for trading, mining and becoming a part of signature campaign to earn some bitcoins. You're both right mate, However, there many ways to earn bitcoin especially that you had mentioned right now. It's up to us which we are comfortable way to get bitcoin and in my part, I prefer in joining a bounty campaign, where I can receive a token after the campaign was done successfully. After that I can able to proceed trading process and earn bitcoin after all. |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
the circulation of bitcoin will not be controlled by anyone because bitcoin is a digital currency and pure bitcoin in the movement by buyers and sellers just nothing else, if the government wants to master bitcoin then it will fail. The government can not become the Bitcoin controller, but they can make the Bitcoin system be stopped. Remember, the Bitcoin miners need to have electronic to run the mining hardware and the government is the service provide this thing  . Nope, Government cannot stop bitcoin system since its decentralized from the beginning. They can only make bitcoin get totally banned on their country but they cannot stop the population of bitcoin in the community. |
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It will not happen soon.
Cryptocurrency will reach a stable point when it will be widely used and the demand become more stable also.
Besides every day hundreds of new coins are created and determining their real value require a long period of time.
Maybe this process will take another decade.
Since the crytocurrency decentralized from the beginning of its existence, no one can ever control it, so even how widely used the crypto is, its till the same, I mean it's till be volatile forever, where makes more people motivates to trades whatever ever coins they have and make us challenging to us and full of excitement. |
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It's never too late to invest in cryptos. Just think...if you are old and you invest, you can help your family (children or grandchildren). It's nice to know that when you leave Earth your family has a good financial situation
I agree, Its till never too late for those who want to invest in this time in crypto currency, especially for those old men that only depend on their pensions. As long as they're open minded and willing to be trained on how to invest in crypto. |
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