whether its crypto we are talking or fiat, its always better to invest especially if these money you have are just your extra cash.
there is always a higher chance of profit when you also make sure you invest on the right company.
I agree with that, if you want your money to grow you should try to invest it but ofcourse in trusted and legit investment company. but nowadays its hard to find company like that so you must be very careful. but if you want your money to be safe then just save it. You can always invest your money in gold or bitcoins where you don't have to worry about getting cheated, as you have access to your investments and you can sell it whenever your want. |
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i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.
better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world. Yeah openning store that deals with technology , gadget and devices and accept bitcoin is great. In addition, the best item to sell is those that is the basic need of people. Foods, clothing and shelter. You will never run out of customer if you offer this three especially the food because it is really needed by us. but to me after 20 years i will be above 50 and hope that at that time my sun will be dealing in my store in bitcoin, hope at that time people will be ding trade mostly in bitcoin, and they will be using bitcoin as a fiat currency, and hope that at that time every store will accept bitcoin from customers, I'm still new and I can not understand why it can not exist two different currencies. The real and digital. What is the benefit of the population will go if only for bitcoin and that these were the only money on the ground. if the population goes to bitcoins only then there wouldnt be any banks and that would be really great as people wouldnt have to pay fees to banks That will never happen, banks will always survive in future as it holds support from Government and people and Government will never allow bitcoin to get on mainstream. |
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Hello btc users! Just interested - how do you spend your BTC bitcoins? Buy something, trading, maybe just collect and waiting for good price?  I invest some of my bitcoin for trading and buy some great stuff on amazon also I spend some of my bitcoin by buying games on steam. i also invest a lot of bitcoin into trading right now and i usually make some good money out of it, i think that bitcoin will give me a chance to become rich yes it is better to put a lot of money on trading than other investments. because at this time I think trading is the best way. especially if you've become an expert. I believe you can be rich. Thats true, trading is way good than any other investment. as of now i also trade but im newbie on that so im extra careful. and because of my loses in other investments i dont trust anymore because im afraid in turn out to be scam again. Its better to stay away from online investment sites as there is no assurance of profits but with trading you can expect regular profits if you are good in it. |
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Like what site? Can you listed some?
Also in trading, like I said, while you are on journey on building experience here, it will make you a better person when it comes to selecting good moves and making good analyzations.
I hope it is not an investment site, like HYIP or cloudmining which is another form of Ponzi. So if it's true then I think ponzi site is not a good investment. For me better off using the money to trade rather than having to invest in a website. thank you That is the right thing to do, invest your coins in trading rather then investing it in any ponzi sites where there is always an chance of loosing our money. |
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not really spend on real life. almost of people here sell bitcoin on exchanger and then spend the money on real life. because of no place like your place that accept bitcoin as payment. and what a lucky peoples that have bitcoin atm on their country.
I live in a less developed country but I am not having a difficulty spending my bitcoins because I can easily cash out in my bank and spend it. I don't actually spend online to buy some stuffs but I do gamble most of the time, in overall I am satisfied with bitcoin in terms of currency. well yeah but you most probably cannot spend your bitcoins directly and it is not a good thing to be honest, i think that i will never buy anything for my bitcoins thats true, people usually are not able to spend their bitcoins to be honest and it is terrible, for them to spend it in real life we need more bitcoin shops Its just an matter of time and we will find many shops in future where we would be able to spend our coins, as of of now there are not many shops so people are saving their coins. |
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Its a decent investment strategy, but if I was young and I had no debt I would forget about gold and go all in on bitcoin, if you want to make it big you will not do that with gold.
That is right. If you are you and can take the risk, the bitcoin is a better choice. It will rise faster in the long term. Yup and bitcoin will also allow you to make higher profits in compare to gold as everyone is hoping that price will even touch to $10k in future so if you have descent amount of coins saved then you can get best returns. Bitcoin’s got an enormous upside. It seems to be moving just smoothly than gold. So it is good to collect as many bitcoin so that you can make good profits in future. Bitcoin is getting more popular day by day, and people who are using bitcoin at a moment will continue to invest their money into as future price will allow them to make some really good profits from it. |
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May be you are right it will take long time to achieve the price of $2k and I don't see it happening in this year and even if it touches that price in next year, it will not stay there for long term.
I think it will take 15 to 24 months for the bitcoin to rise to $2000. After the introduction of SegWit, it could be faster. I believe if the SegWit or the Block size increase is implemented, the bitcoin price could be at $2000 in 12 months. SegWit is a step forward and its release has possibly played a role in the current Bitcoin price rise as more people gain confidence that the block size issue may soon be resolved. If the miners adopt this solution, Bitcoin could very well experience another price rise shortly. We are moving in a positive direction now, price rise has stared and new investors are showing their interest in bitcoin, so we can expect some good price at the end of the year. |
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of course investing it to trading is the best decision possible right now
I do partly agree with you but upon doing everyday the best thing you need to do is by keep on saving if you have bitcoins you can just do single savings because investing is going to make you some good profit but when it collapse and you don't have savings to support for it. You are just going back to zero if it happens. Our income should be divided into two, we should not only focus on investment alone as that is too risky therefore not advisable, we should make sure we have something to save before we are going into investing otherwise we are risking the whole thing. Saving is an basic necessity, even people who believes in investment also saves some money for the time of emergencies so if investment goes wrong in future we can get support from savings. It is definitely true, saving is a basic necessities nowadays because we do not hold the future, emergencies do happen so we need to prepared for that and we can only to that if we have our savings to take care of such emergency. Yeah in savings you have access to your funds 24/7 which is not possible with investments as if you withdraw your investments before its maturity then you will go through losses. it is, savings is necessary because there are times that we are in desperate need of money, without our savings we cannot do any action to resolve the problem. Savings is not actually a one time activity, rather it is a continuous practice that requires discipline to succeed. Yeah saving requires great level of self discipline and self control to not to spend on useless things, we need to postponed unwanted expenses which will help in saving descent amount of money. |
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the price is definitely not going to drop that low any time soon hopefully
Well OP just got a wrong speculatio, it is already start of mid August and the price that drops last week is now starting to climb again. Anyway I also agree that the price of bitcoin won't drop that low instead I believe that it will climb higher than it was before. I think close to 650 USD by the end of August. I agree with the comment that the price could be 650 dollars by the end of August. In September, the price could be $700. Not sure what will be the price in next month but one thing is sure that it will never fall to $350 in coming months, even if it falls maximum bottom would be $500 nothing below then that. |
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All economies are based on money circulating, did you imagined one day all get paid their salarie and dont spend any single coin? No supermarket, no car no work, as no one would buy anything the world would die. With bitcoin its the same, if you saying you are holding to bitcoin get a bigger value to spend it sure, if you wanna to hold it not a problem as well, it may turn into the gold chicken eggs.
I think to take bitcoin price to next level we should keep ourselves engage in spending some coins either digitally or physically as only holding and keeping it idle will make it a weaker currency. yeah of course spending will help the bitcoin indirectly because it will make bitcoin market or bitcoin transaction becomes active and maybe make prices of bitcoin to be high ? Yeah thats sort of right. The more people spending bitcoins on a daily basis then the demand for coins will go up and the price will also go up with demand. If retailers had an incentive to offer good discounts for customers paying with bitcoin then demand and price would rise sharply. The gambling industry are the major contributor of the demand of supply because there are many gamblers that would gamble regularly, and we are still awaiting for the large merchants to adopt so we can see some great demand of bitcoins and eventually investors will earn profit. Merchants won't adopt it as its way too volatile. They want stability. That can be one reason and the other reason could merchants will not love to wait for the confirmation time as it takes long time to get confirmed and that will be headache for merchants. |
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Honestly almost all saying that bitcoin willl be dead is member of other crypto or they are holding an altcoin..
So i think they are just hijacking people to use altcoin instead of using bitcoin.. it a market strategy..
This is not a strategy, but a real deception. I understand that every customer lure in any way, but this method must be at least decent. nope I think the main reason for someone use altcoin at this time is because they do altcoin trade. although they use altcoin. but will they conversion is to bitcoin? so even though they hold altcoin their purpose remains one. that is bitcoin That's true and altcoin trading allows them to make quick profits but once they are done with trading they will definitely convert it to bitcoin as bitcoin is too big in compare to other coins. |
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Falling 2017 doesn't have any special events similar to the halving that took place this year. Possibly the regular as well gradual price move helps 2017 to be one among the best year of bitcoin.
Yeah your right i think it will be the same as past year that the price is very stable and the price will increase in november to december just like before.. if you notice the graph of the old chart until now almost the same.. Bitcoin is gradually increase in year 2017 but not fast movement it will be more stable .. The infrastructure of the bitcoin has been built, more people will use it and more investor will buy it, so the price will be higher. Yeah, it's an extraordinary growth in the modern world. Bitcoin has shown something of a good news for the future, most people already know the bitcoin and they are still waiting for the right excuse to use bitcoin. Everyone will definitely be using bitcoin and this will be beneficial for those of us who've long been using bitcoin or save bitcoin Exactly bitcoin is growing at a moment and it will be much more powerful and popular in coming years, as more and more people are showing their interest in using bitcoins. |
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Exactly. Bitcoin is just like normal currency. In fact, it is actually more difficult to earn bitcoin than normal cash, in my opinion. It is easier to take up a normal job, earn fiat and then convert them into bitcoin- that's the fastest way.
Yeah, I kinda agree to that.That would be smart but, some people don't have jobs like me sadly I think everyone has a difference of opinion on this. because everyone has the skills and work respectively. for you may find it easier to get fiat because you already have a job at a real job. would be different from those who work full time in bitcoin ? Full time job involves same boring work that we are doing since long time, but working on bitcoin is something exciting and you find new ways and challenges to earn it. |
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My goverment already notice bitcoin and they decide to not legalize bitcoin because of it's anonymous.
But still I can use bitcoin and will not getting in jail ! They just remind for bitcoin user to use at their own risk
Yeah. Some country banned bitcoin from transacting inside their country and if they caught you using it, they will put you in jail. But other country only ban the things related to gambling like bitcoin gambling but not the bitcoin itself. I think the country you are talking about is Bangladesh as bitcoin is totally banned there and if found using then are very strict laws, but in rest of the countries the scenario is smooth. |
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Do you think that people hate bitcoins why?
Are you hate bitcoins or like it.........
But my answer is I LIKE BITCOIN.
I think some people don't like bitcoins just because they don't know anything about them, or because they have no ability to get them. It's wrong, there are some people hate bitcoin because it get the word wrong and they conclude something is wrong in the bitcoin. So this is concerned about the information that is given and not because they don't know about the bitcoin They listen to the people around them and news that are published related to bitcoins and starts assuming that its been used for illegal activities especially by criminals. |
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I am also knew in investing in bitcoins, but I do not invest all of it. I am trading some of it. We never know the stability of one investment site. So better to find many investment sites and distribute it. Investing is much better than gambling it or having some luck. So invest it and earn more.
to be honest you should better invest as much money as possible right now, in my opinion the price of the bitcoin is going to jump though thats just my thoughts I am also hoping for that in this days that will come. I lost some but with it going back up to $600 I will get it all back again. I am adding up some more for a little profit. I think to earn higher profits in future you should buy some of them at this stage, as price is really good to make investment and it will go higher in future allowing us make good profits. |
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If I have 10 btc in my wallet at this stage then without thinking twice I will invest all of them in altcoin trading and I will prefer to invest in ETC as it may double my coins in a single day if I trade with 10 bitcoins.
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my goal is to earn and collect atleast 1 btc and maximum 10 btc . and i am exoecting to have $1 k .
then i will start trading to get pure profit .
sunce the dream.of that person abiut whim you told here is not bad becuase there can be anything in the digital currency world .
im also collecting bitcoin right now though i dont have any plans to be honest, i might spend it at any point in the future and that would be it If we see higher price which can give us huge profits then we should never hesitate in selling our coins as we always have an opportunity to buy it again when price falls in future. |
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I have been buying bitcoins with the hope of seeing a pump that I thought should have happened during the halving, but it didn't. Now, I just hope that it goes up during the November - January period and repeat the history, I am ready to wait for some green profits.
Yeah that's the right thing to do, we should hold our coins till the end of the year to earn higher profits, everyone is hoping to see price above $1k at the end of the year. Holding is what I can do also now. As I lost some I can just spend it for now or more will be lost. The best thing is adding up to at least get the ROI plus a little profit. Hold majority of them for future and invest some of them in trading if you can afford to take risk, with trading you can expect some more coins in your wallet till you reach end of the year. |
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Yes maybe we better enjoy bitcoin now and take advantage of the many. I think bitcoin will not disappear for bitcoin can go forward. And I believe bitcoin can certainly go forward because the longer the adoption of bitcoin is increasing and it can grow the interest of people to use bitcoin.
of course it is better to start using bitcoin right now, later it might be too late as the price is going to be way higher, if you hold now you will make profit in the future or sure Its still easy to buy bitcoins at a moment as price is not too high but once price crosses $1k mark it will be really difficult to buy it so this is the best time to invest in bitcoins. |
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