Bitcoin will not replace money as you can see you know that the value is not even rising now so there are also not that many people that is now using Bitcoin. There are also a lot of people that dont even know how Bitcoin works and that is bad so it will be not possible.
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people still don't realize what kind of a big change this Bitcoin technology really is for all of the people out there and the whole world. Even us on this forum are not realizing this. And then we tend to rush and ask these kind of questions.
They are only stopping when they see that the value is quite low and they are negative about the value but that is not needed because it will rise in the future and that will be nice. Around this time the value is now quite stable and a lot of people are not happy with it because they want to earn profit.
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I do not really know the answer but I think it is roulette. With the red and black you have a 50% chance of winning. But of course you will win less money but it is saver.
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I do not hope that this is going to happen again. The price is just going up so for it to go down again would be a real let down. But for the people who want to buy coins it would be a good thing.
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Real Madrid pulled it off yesterday against Wolfsburg. Ronaldo did it all he scored the only 3 goals in the game. He scored 2 early goals in the first half of the game that gave them much confidence.
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People are really hoping for this to happen. They will save their Bitcoins so they can sell them later on in the future and become millionaires. I do not know how big the chance is of this happening.
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This can be possible because the inventor of Bitcoin is from Japan so it normal for Bitcoin to have more a an influence in Japan. I hope everything works out for him and Bitcoin.
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Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
I think it is not a bad thing. I think it would be better to let the teen just watch and learn about Bitcoin first than give him $1000. But some teens are actually pretty smart so it could work out.
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I once won $340 and I came in with $50. This was one of the luckiest days of my life. I know that it is not that much money and I am sure that people here have won thousand but I am not a gambler I was just there for fun.
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This is natural instincts , when we lose, we always think we gonna win next time and for your question, is that called "gamble addiction" ? I don't know , everyone have their own opinion
Yes but with gambling this is not a good thing. If you lose with gambling just except it and walk away. Do not come back with more money because the chance is bigger that you will lose that as well.
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This is what the most people are doing that make use of Bitcoin. They are buying there Bitcoins right now and then plan on saving it for a couple of years. They hope that the price will be so high they will not have to work again.
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Who sold in the correction?? Now we've going back to $500. Hold on. Good time for buying. Yes the price is now finally on its way to $500. I am excited for this because we have waited for a very long time for this to happen again. People are now coming back to Bitcoin again.
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I buy Bitcoins because I believe that there is a chance that in the future the Bitcoin price will be higher then ever. So if I buy now and sell it in the future I would make a huge profit.
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Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.
I have the same thing in my country you cannot use Bitcoin at the local stores. I have only spend some bitcoins at some online gambling websites but that's it.
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If you like to shop online at online web shops you must have a Paypal. Paying with Paypal online is just the easiest way to do it. And every online store excepts Paypal.
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No even tho I spend quiet a bit of time on Bitcoin I have never dreamed about it. Or maybe I have dreamed about it but I just do not remember it.
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It will be nice if I can buy some stuff like this : - gadgets - Cars - A house - Clothes (most important) - Food And other kind of stuff, and that is not possible now around this moment and I hope it will be possible later.
It will be nice indeed that you can buy some electronics with Bitcoin so people who already have Bitcoin can spend Bitcoin more and that would be nice for both. Bitcoin is an easy payment method to buy things online and it works also good and fast.
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The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.
The bottom of the recent trading is around $400. So I think it will not go back to $250 in the short term. I also think that it will not go back to $250. The price is finally now going up for it to go down again would ruin things and people would get mad and stop with Bitcoin. The price of Bitcoin will not going to fall now around this time, you already can see now that the value is now stable now so that is good, but you never know indeed what will happen. The halving is also coming so that must be also good for Bitcoin so we can sell it after the halving.
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That can be risky for you mate, you will never know what can happen with the value so you can be poor and that will be not good for you, so it is better to have Bitcoin as a bonus. And just have a daily job so you will have always money otherwise you cant control your life and that is not nice.
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Bitcoin will not die soon, because you already can see now that the using for Bitcoin is rising and that is because more people will get to know about it and it is more acceptable. We will die earlier than Bitcoin, because you see that Bitcoin will be also the most used payment method in the future.
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