The price is around 2000$ now which is significantly lower than 2500$ but still I don't think there is the reason for panic. I would call this a correction, maybe also under influence on August 1 predictions. And besides this is not the first time this is happening, volatility is normal and we have all seen it before.
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Now it's opportunity to buy, the price is below 2500$, something around 2200$ and good time to take the chance. But some time ago buying at 2500$ wasn't so bad choice because soon after that Bitcoin reached 3000$. And never say never because some day when Bitcoin reaches 4000 or 5000$ buying at 2500$ will look very convenient.
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Looking from the perspective on 6,7 years ago, yes it seams like good strategy to make money. But honestly, just few people held their coins that long. And it's hard to,tell how long will long enough to make profit. So, it would be better to make some combination of holding one part and investing the other to try actively make the profit. It's not very likely to expect that you will make fortune just by doing nothing.
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No sense in regret, what is use of it. It's like you say if I only chose this number I would win the lottery. Back then no one couldn't predict for sure how the Bitcoin would develope. And even if you bought Bitcoins at that price who says that you would keep them so long. Let's look for the future and what can we do now, not what could have happened in the past.
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Buying house for Bitcoins is relative thing. In some parts of the world you can already buy a house for a Bitcoin or two because in some countries this is a small fortune. But I guess you are talking about western hemisphere where situation is quite different. At the moment I wouldn't dare to go for something like this because of Bitcoin volatility and instability and still isn't easy to earn/collect enough Bitcoins to buy a house. But some early adopters who kept large amount of Bitcoins probably can afford something like this.
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Maybe pure Bitcoin bank for various reasons at the moment isn't possible but that doesn't mean that regular banks can't implement some Bitcoin services. In fac I beleive they will be interested for that if they could see this would be a profit for them. They could offer Bitcoin wallets like some aditional or experimental services, I'm sure there would be interested users.
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I don't beleive in bots and I don't trust them. Just don't beleive that they can do all the work instead of you and make you money. It sounds more like some kind of fraud attempt for naive people who think they caz make easy money over night. I wouldn't count on that, better do it yourself.
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August the 2nd is too.
Ha, ha, so true! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Why I have the feeling that people just can't live without constant need for panic and disaster scenarios? And no one realy knows what will happen (if anything) on August 1, so far just unconfirmed information and speculatuin. Just relax people, please and stop spreading panic with no reason!
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I beleive that percentage is that high as you say, maybe even biger but you will not find an accurate number for your document, just estimations, because as far as I know there is no relevant method to measure this and I'm not sure that someone is even monitoring these figures. Maybe you could engage someone to make some survey, if that would satisfy you.
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You have ambitious plan and you should be one hell of the well experienced trader. You can start with 25$ but this will not be enough. So, every earning you make you should invest further and you shouldn't have losses and the price should be more or less rising all the time to achieve that goal. To my opinion too many "ifs" are on your way to earn 5000$.
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World of technologies is still men's world and these few woman who are part of it often don't want to be revealed.I don't think they are less capable but they are not so interested in that field. Maybe wouldn't be bad idea to attract more women in cryptocurrencies but their men should try harder to explain to them all advantages cryptocurrencies can offer.
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I don't trust banks. They are also inflation do nothing else. I think that does not need any bitcoin Bank. For me, it is quite safe e-wallet to store coins. Earn coins better work. All interest on deposits offered by banks eventually inflation eats.
Many.of us don't trust banks but for majority they are still inevitable. And despite the strong fight against cryptocurrencies at the begininig they hav also realized their value and that they can make profit on it, especialy Bitcoin. Some are already experimenting with Bitcoins and in the future some of banks will also offer Bitcoin related services.
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Are there so many users appear all the time or everyone just have short memory? Every Bitcoin user with smallest experience should now that fluctuation in price is normal and volatility for Bitcoins is natural. But I guess we will witness new waves of panic selling with.no reason especialy before August 1.
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In the situation when there are over 700 cryptocurrencies and new ones appear each day it seams like it's not easy to choose. But actualy it is. If you want a cryptocurrency with highest value, the most accepted and that could be used in real life for real things then the choice is Bitcoin. If your only goal is trading then you can pick up some altcoins and not necessary the Bitcoin.
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The easiest way to explain would be this: buy at dump, sell at pump, or buy low sell high. This is what it means in sense of trading. Although sounds very easy in practice isn't always so simple to do so and the market is much more complex. Some beleive that some interest groups stay behind every pump or dump but I.don't think this is true, at least not every time.
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Is this some kind of irony, Bitcoin summer sale? Some people already have started to panic because of August 1st so nothing would surprise me. This current price fall isn't something we should be worried for, just usual correction that we have seen many times before. But such situations are always good for speculators.
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I think the easiest way to feel dumb or smart regarding Bitcoin is trading. I know by my own experience. Sometimes when I make some decision and invest my money I feel so smart but at the end when I loose I feel very dumb. But I guess this is hard to avoid.
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Nope, I will not use it, I'm not interested. I don't see that much potential and that it could become something serious. Generaly, I'm not much interested in altcoins, they are good for trading but otherwise they don't have much use in real life. And now are already too much altcoins at the market, all hoping they will be like Bitcoin one day.
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Why not, this is duable. Usualy crowdfunding campaigns are very convenient for such funds raising but since there are not popular with Bitcoins you can try some other ways. Present your project to the community and relevant individuals and if you have something quality to offer there should be no problems.
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Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal. Since you don't know this facts you are probably new in Bitcoin but you will learn with time.
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