I really like the Bitcoin theme and the opportunity to earn with the help of crypto currency, and for today I'm still considering Bitcoin as a means of earning and therefore in my opinion I could only invest gold, because for today Bitcoin is only a commodity for me.
Well I don’t agree that the bitcoin is the same as the gold and the diamond. There is no doubt that the bitcoin have got popularity and people are now accepting it as a form of money but I guess the function of both the gold and the BTC is very different. Gold is been used from ages and also it have a physical existence while the BTC is something on a very high risk all the time having no physical existence in the real world. Therefore I prefer gold. |
|
|
|
I was thinking, because of Bitcoin price skyrocketed, would it be wise to buy bitcoin now? I have some bitcoin in wallet, but nothing much, and i was thinking to buy some bitcoin more. But because of price rising in last few days i am not sure what to do, because if i buy now, maybe price will go down and ill lose profit, or maybe it will go up and i did not buy so ill lose profit too. What are your thinking on matter and what do you think how much will price of bitcoin rise this year?
@Eternu, buy when there are dips in the price.. dont worry if you have bought when it is still at high price and you think it already in its low, just buy.. we havent yet reached the $2000 this year, and it is not to late. and maybe next years, that aim to reach $2000 will be tripled, quadruple or may ten times fold the price.. Yes that is right it s good to wat tell teh price of bitcoin fell down to a little low . . It can be trusted because most of the people do that by buying at a price when they find a dip and then sale it at a higher price. I consider that right now it is the best time to buy it because the Bitcoin price according to the bitfinex is $1755 for those who are interested in buying it is good time while those have to wait a little who are selling it. |
|
|
|
Just one key explanation to make it plausible if one big and influential country in the world accommodates bitcoin as legal tender will make bitcoin price increase by 20%, just waiting for news from four big countries to make price prediction come true.
Japan recently legalizing bitcoin and the price increase was because there was more investments coming into bitcoin from the Japanese market and so is the reason we had a good rally.What all countries will be legalizing bitcoin in the near future and the main thing is whether we can expect more investments from these countries to see another rally. Well yeah the Japanese acceptance of the Bitcoin has played a very positive roll on the price of the Bitcoin. The recent increase in the Bitcoin was due to the main reason of the Japanese acceptance. If more countries like Japan legalized the Bitcoin no doubt it will reach a very high price I am not sure about the Price of $1M but it really will rise high. |
|
|
|
I really miss those old days when a confirmation took just 10 minutes and you didn't need to think about fees.
In the old days bitcoin was still very low in value and the mining difficulty was very low and thus a very fast transaction was the trend. But those fast transactions were full of double spend transactions and was very problematic. Thus confirmation were placed so that double spending will be resolved. But later on confirmation was very slow due to the huge traffic in the blockchain network as well as the increased difficulty in mining. Thus the initiative to place a higher fee was now the trend to get a high priority and fast confirmation. I don’t think that the process is slow now a day due to the confirmations and to stop double spending. I don’t think that it can be a valid reason for the transactions to be slow. Even after charging the higher fees is not the guarantee of the faster transactions. Many people have faced the same problem even after paying the extra charges. |
|
|
|
|
i want to join
Post count: 684
Tor address: TX6qi3RDEhaYeSWqpggD3gk9C1tV2iAetr
|
|
|
|
|
i want to join TOR EXCLUSIVE SIGNATURE CAMPAGN.
Username: carlerha
Rank: Sr. Member
Post count: 682
BTC Address: 1L1EewnvipyfYKJhajbWKZGUFQ2WUm6d9a
Tor Address:TX6qi3RDEhaYeSWqpggD3gk9C1tV2iAetr
|
|
|
|
|
ame: carlerha
Post count: 681
Rank: sr.member
BTC address: 1L1EewnvipyfYKJhajbWKZGUFQ2WUm6d9a
i will change signature and avatar if accepted
|
|
|
|
Educating yourself is the key to success and if you do that most of the time there is a good chance you will mature which would bring success. Investing bitcoin is different from other form of investment in the real world because it's new and very risky as of the moment, therefore we have to be fully aware of what we are doing so we will be able to follow the principle of buying low and selling high.
For both investing and trading bitcoin we must need educating ourselves all the times. Because in this highly volatile market we need to be careful all the time so that finding supporting environment all the time is more important. Continuous study about affecting factors of bitcoin ecosystem will help any person to invest wisely as well as for trading too. yes for any type of trading education is too much important, without education i do not think that you can become a good and successful trader. to me for becoming a successful trader you need to have good knowledge about trading, good experience and skill is also an important part of trading, you must also have good experience in trading to become succeeded in trading. |
|
|
|
Hey , i want to buy bitcoins with my credit card , what legit site that i can trust can help me?
Thanks.
The best site to buy bitcoin is a local exchanger in your country or coinbase. However, if it still unavailable in your country, you can do peer to peer transaction. yes that is right as i also use local bitcoin exchange for buying and selling bitcoin, i think it is really very convenient way of converting money in to bitcoin or from bitcoin to local fiat currency. although there are so many other big exchanges like polonex, bitrex and yobit etc where you can do any kind of transaction so easily. |
|
|
|
I have made some loss in trading in the past but it never made me disappointed as it was a learning experience for me and if I would get disappointed then I would stop investing my money in trading and profits and loss will always be a common practice in bitcoins.
yes that is not good to disappoint in trading, because loss and profit are the part of trading, some time we lose money while other time we make good profit, if you are losing money continuously then you should change your strategy and planing about trading but i think still you do not need to become disappoint, because disappointment can ruin your whole life. |
|
|
|
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
I think for now better don't because bitcoin prices are going up and it's at risk it would be better to wait until bitcoin is a little quiet and to put all the money in bitcoin is a bit risky because not many platforms have received bitcoin. but i think if you are going to wait for the price to come down, i think you will even miss the present chance to trade bitcoin in the present time because currently the price of bitcoin is not going to come down but it is continuously increase and it is also expected that the price of bitcoin will cross 1500 USD level very soon, therefore i think still it is good chance to trade bitcoin and do not wait for the price of bitcoin to come down. |
|
|
|
In altcoin trading,is day trading profitable or trading on a long term basis?
Trading in a long term basis is very profitable things and those assets coins belongs to these of course was number 1 was Bitcoin of course and next are altcoin which is potentials like xem, maid, ltc, eth, bay, and others. While day trading is also profitable in a short term period of time not in a long term basis trading. i think different people have their own experience in day trading and in long term investment, as some people like to invest their money for long term as they totally want to avoid risk of losing money, as there are very little chances of losing money in long term investment, while some people have good experience in day trading and they cannot wait for a long time, and they can make good profit from day trading. therefore i think it is different from person to person to choice their choice. |
|
|
|
I wonder how I am supposed to sell bitcoins on an exchange. I have been considering several and have gone through the KYC/AML process for three exchanges. The problem is once I sell my coins they might ask me to prove where I got them from. Keep in mind I am not intending to withdraw the FIAT, I just want to sell high and rebuy lower, and withdraw the coins.
The problem with proving the source of my coins is, how the hell do I do it? I bought them on MtGox and they can't ask MtGox for verification. Even if they did, the coins have gone through several addresses over the years. I can't even trace it back to the MtGox purchase since they went through other exchanges (and got mixed).
So what is one supposed to do here?
. that's sounds fishy, an exchange asking where does your bitcoin came from. That's not good I think, you better stay away in that exchange. besides there are many other exchange site where they are asking where you bitcoin come's from just important is you buy bitcoin on their exchange site platform When exchanges are dealing with fiats, I guess those KYC information are mandatory for preventing money laundry. That is the reason some exchanges are asking the source of bitcoin from which it was earned from. I'm not finding anything wrong with this action of some exchanges because we need to comply with government regulations on preventing money laundry. i think it is not such a difficult job i think everyone has their own choice. to me i personally using urdubit for selling my bitcoin for my fiat currency, i am using this service for such a long time and for every time i found it as reliable and trusted and will always like to continue it in future also. |
|
|
|
Yeah it really depends on the individual. Someone might have a negative experience using them, others seems have a good experience using paypal. Personally, I don't have one so I don't think they are scam. Maybe paypal are just too strict in their implementation of its services that's why people are seeing them as scam.
I had paypal and it never failed to do any transaction, i had heard there are many people said that paypal froze their account without any notice, I think there always are reason why paypal did that and paypal is a big company and very trusted to do million dollar of transaction every year, so I dont believe paypal is a scammed yes i think different people have different experience about paypal. for some people people paypal is good as they are getting good service from paypal, while according to some people paypal is not providing such a good service or in some area even their service is not available, therefore people there do not consider papal as good. as in my areas the service of paypal is not available and therefore i cannot say anything about paypal. either their service is good or bad. |
|
|
|
Invest is the right thing to do, because if you invest your BTC it is high possibility to earn income. However, saving bitcoin had no effect you can only wait the fluctuation of BTC in the market, you cannot predict if the value of BTC were getting UP or DOWN.
yeah right investment can bring big chances to grow your bitcoin its just needed to have good study where to place and choose the right one, the more you gain success the more profits you gain unlike saving it will take long time before you feel the growth of your btc. although saving is good but if a person want to make some profit then investment in bitcoin or alt coins is the best option, because there are still some good potential alt coin which can really give you good profit, you just need to study and find the potentially good alt coins. |
|
|
|
If you look at the growth trend over the past few years, you can see that bitcoin is alive and will live. These conversations are all aimed only at sowing panic among users and this all has certain motives.
I will support this answer of yours, it is obvious that so far bitcoin price value was 1266$ right now. which is literally high, but if you believed like what others community said here bitcoin will become 10,000$ someday well we nee to buy it more as long as we can afford to buy it, before its too late. you can see that the price of bitcoin is now trading above 1300 USD so it was a good time if you have invested your money in bitcoin, but still i will like to add that if a person want to invest money in bitcoin right now so has still good opportunity to make some good profit because the price of bitcoin is expected to increase more and can even cross 1500 USD in next few moths. |
|
|
|
the best time ? ithink it will be delayed this time just wait till the bitcoin price really small like $600 then invest all your money in bitcoin im pretty sure that you could get a multiple of earnings after a years all you need is patience and you need guts in order to take the risk. bitcoin is not that risky because while waiting till the bitcoin price increase you could play some gambling or maybe do trading addition in your earning.
but to me i think if you want to wait or this price, i think then you can only wait and the price of bitcoin is not coming down to this price, i think it is still better to trade bitcoin in the present price as you will never find any opportunity to trade bitcoin even in this price in future. If you are going to hold your bitcoins for long term then I think even the current price is the best price to invest in bitcoins as everyone is hoping to see the price of 2000 usd by the end of the year so if you buy now then you can make good profits by selling them at that price. to me i think not only for long period of time bitcoin investment is the best but for short period of time bitcoin is the best option, because the price of bitcoin is expected to cross 1500 USD level very soon. so i think both long term as well as short term investment is the best option in present time. |
|
|
|
I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in the middle stage and therefore cannot make paper money to dissappear so quickly.
You don't have to rely on Bitcoin to kill off paper money though. Digital fiat will be the end of paper currency long before bitcoin will. Digital fiat already dominated the US economy. Far more value is exchanged digitally than physically, perhaps even more absolute transactions as well. i think currency bitcoin do not have the power to kill paper money, i think still paper money is the need of all the people of the world, even those people who are using bitcoin for online as well as for offline purposes, but may be in future when the uses of bitcoin will become so common that every person will start using bitcoin, then may be bitcoin overcome paper money and people stop using paper money at all. |
|
|
|
I don't usually have money left from my job because i always put it on bitcoin and the left is just enough to pay from expenses like the food, electric bill, internet bill and so on. I'm not that guy who get his salary and keep it or just spend it all, I diversify it and put some on bitcoin and the rest is enough to pay the monthly expenses and now my savings in bitcoin is getting bigger and bigger and i hope it will continue to grow.
as i have continue my day job and not going to resign from that, because i can mange my day job and bitcoin in one time in a good way, therefore i am not going to leave my job and the second is that that the money that i receive from my day job from my job, i mostly use it for buying bitcoins. therefore i have not lifted any money behind. |
|
|
|
yeah I do think so. The corruption of Bitcoin is likely to happen in the future when there are too many altcoins exist and many advance function has been added to the new coin. When it happens, the prices of Bitcoin will drop down and no one will care about this coin anymore
i do not think that such activities can harm bitcoin so much, because bitcoin itself is not responsible for that. as we can see that there may not be a sing currency which may not be use for corruption, even the USD and all other currencies may be used for corruption but still USD is one of the most popular fiat currency of the world. |
|
|
|
|
Show Posts
