It's good enough for hundreds of thousands of people (458,000 source). That's not an argument whatsoever. Inputs.io and bips was good enough for thousands of people. Yet see how that turned out. Coinbase is probably 100 times more professional but still... You can only protect a thing to a certain level, after that it is not possible considering cost, time , reliability and assessability. Any hacker or attacker takes advantage of this part. Thus at the moment coin base seems to be best. But you can't say it will remain so.
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You are right that it isn't hedging, if you want to hedge put your eggs in different basket not different column of same basket.. You can put in precious metals, real estate etc.
But i would say to put some percent of your bit coin portfolio in other coins , because they have bigger upper potential then bitcoins, some are going up even 1000% right now. But they can come down to zero as well, so put only small amount
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Thanks received mine!! BQC is growing now .00007/Btc at the moment.. wow
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It can only go two ways, you'll get rich or it will bust and leave you with zero return.
I don't know about that. I don't think it will ever go to zero. For one thing, even when the media decides that it has failed to catch on and declares it dead, there will stil be true believers mining and collecting coins. Bitcoin will forever be an important part of history, and there will always be people who want a piece of it. The media declared Esperanto dead about 75 years ago, but today there are still about 100,000 people around the world who speak it, think it's a great idea, and still hope it will eventually succeed. 100 years ago people were probably saying that in 100 years either everybody would speak it, or nobody would, but they were wrong. If the media declared today that Bitcoin had failed and should be abandoned, would you stop mining and delete your wallets? How long would you continue to be a supporter? The problem is if media decides that Bitcoin should be dead, then you won't be able to see such large gains in small periods of time, it won't be volatile. Its value will only then be true indicator of money taken to mine a single coin...
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No, nothing is, in these days. Put most of your coins in offline wallet or paper wallet..
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Wow!! Man lucky for you.. Dave great work... You'll be in very demand now...
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It can be that person wants to move cash fast and doesn't care paying a premium.
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The only thing you fan do is try and educate every one about it, but you can't force anybody. Its a big change for them. I have tried to send some mails to e-commerce with bitcoin guide and all.. Some have replied they'll see to it. Others are just ignoring it. They will understand in time
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Well if its going to go over 1 million per bitcoin they have to lower the dlfees at least because you can't pay 1000 dollars for a single transaction...
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May be he is online now at this forum and grinning at this post ...
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Then they shut down and kept more of my fiat for several months. This seems to be quite common with BTC. People like to run away with your money. Its not only with bitcoin its common in every investment. People have the tendency to get quick gains by frauding others.
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cryptodude number 8
sorry mate all the numbers have been taken... You can try next time this happens.
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And yes i reconn that dollar cost averaging won't do much good, simple because bitcoin has been increasing more times than decreasing. So,in turn you'll end up paying more bit coins then you could pay initially.
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I must say great plan, best of all its simple and if you invest only what you can lose. You can even stop looking at prices every time and get some sleep... Thx for sharing
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Bitaddress is fully safe, just take care in never exposing your key to the net and you are good. www.youtube.com/watch?v=JsyPfiENwQUthis guy show good way to create wallet, although long..
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yea.. if it gets approved, we'll see strings of other ETFs coming very soon. and it might not take even an year..
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Here you go Thanks
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