I would buy as many coins as possible but it should seem fishy and I would look out on why the price is that low and if it would make sense to buy. If I know that price after that is going to rise I would be at least 500 Bitcoins.
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I have sold Bitcoin on several occasions in the past. It looked like a great opportunity at the time.
Looking back I should have hodled them.
It's a thing we all have to deal with. Cloud mining scams, and yes selling to early. The thing is we are using bitcoin wrong (as an stock) and not as a currency which makes us do these errors.
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Well, technology is also the key if a state wanted to destroy bitcoins (via hacks, transaction spam or even 51% attacks). Technology is only a tool, it can be used for various proposes.
This is what can kill bitcoin, but next to tech you need good marketing. Bitcoin does got a lot of believers and merchants who put trust in it. A new coin needs to work on that big time.
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Bitcoin is censorship resistant super money. You got to pay for this flight. Bitcoin is pretty cheap considering what it offers. It's unfortunate that some are just greedy and want to rush user adoption as soon as possible. What we should be doing is continue developing a very secure and resistant system (the less decentralized it is, the less resistant it is) that was supposed to help us move away from the corrupt traditional system (money out of thin air). People really need to stop listening to him when it comes to technicalities. This is somewhat of an issue right now, and this makes one wonder why anyone in their right mind would propose changes that would give the miners even more control (e.g. control the block size limit). If blocks were bigger, there could be more users, which would cause bitcoin to be even more decentralized. With blocks small and the "fix" of the lightning network (which is a centralized off-chain system) bitcoin becomes more centralized. I am not sure how bigger blocks lead to more users? It will lead to a better and faster block finding which will speed up transactions. If the blocks are full it can take hours to get a transaction being confirmed.
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If people are hoping for 1000 dollars then they should get out now and shop elsewhere.
You could get better returns with a stock fund with way less risk. Either go big or go home.
Bitcoin is not a hedge fund for the price going to 1k, That's just not going to happen. But we have to be realistic and in that regard a correction is going to happen now. Although I am not sure how hard it will hit us.
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It is better if you don't start gamble at first but if somehow you got involved then make sure gambling is not something where you take money for staying in front of pc. Gambling is as long as you take it for fun and making some small money and don't attempt to get living from it as gambler and make dreams. Gambling doesn't make life better but worse for most in reality.
Avoidng gambling is hard, although i managed to do it for a lot of years. When you are into gambling just make sure it doesn't become a habit. Because from there things can go from bad to worse.
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After a long time, i am happy to see bitcoin price above 400 again at 2016-2-14 20:45 indexed at 401$ per coin. and this will be the last time that we can see 400$ price. 600$ is the new bottom of bitcoin this year,cause were only waiting for it to go 1k. The new bottom is more somewhere near 400 and 450. We've seen the price already go back to under 600 which makes me believe we can go down even more if the whales want that to happen.
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350 seems to be far away from resistance and today's support. Worst case scenario, we see the price go back to 450 dollar. Way above the 350 price.
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Too much days, it's a scam, their domain seems to be in sale and their twitter, youtube, etc accounts are closed.... I think everyone's aware that hash ocean will eventually run away. And I also think that you should be matured enough to think that when they said "a few days", it means that they are packing up their things and are preparing for their exit without leaving any trail about who they are. Most HYIP sites had the same situation like this when they exit. First, they say they got hacked. And then they'll say that they will refund. After making the people wait, once you check them, all of their accounts on social media are gone together with their website. So far we have seen every small cloud mining company run away with investors money. The large ones Hashnest don't give you profit Genesis mining is a company that is in between of a scam and no profit. So just don't do it.
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Happy halving to everyone! Now now, it's only been a few hours since we've had the halving so it's only quite clear to not expect anything to happen just yet. Don't lose heart. Something will happen eventually. Miners wouldn't be given justice if the value just keeps on it's current rate.
You are right. The price went up for almost a year. It's not time to for the price to get to stability. if the price goes up just consider it as an extra.
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All these websites are big ponzi's, I already told it earlier and this also will not change, all these cloudmining websites are a bunch of criminals together.. Most likely the owners of HashOcean will start something similar like this..
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If I was rich I would still gamble because gambling is so fun to do and it can let you enjoy life to the fullest. I think I even would go to some real life casino's due to the fact to throw with some nice stacks.
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Indeed they are pretty good and they have a nice service also, I think this is the one you should go for. Its a great service/trusted and you can so make money and not do anything wrong right ?
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Yes the price is going to all sides and I think that is not very bad but also not very good, I hope it will stay stable now and from there climb up. I think there will be a price rising very soon because of the halving that has happened.
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Nope, I already have a good job and due to this I do not think its worth it to go full time on the bitcoin. Another reason is tha the bitcoin is just for the fun it does not has to be profitable for me..
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The highest amount I ever owned was just over 170BTC in very early 2013. My average buying price at that time was around $20-$25 per coin. I sold the majority of my coins when the price started to come close to $100 back in the days.
Wow that is a pretty high amount, I must say that you cannot do this anymore right now if you had wait a bit longer you even could have been a millionaire. The largest amount of bitcoin I every had in my life was around the 45BTC.
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I do not gonna sell my bitcoins right now due to the fact that I still have faith in the bitcoin and that its still not done. I think it can still rise to a higher amount after the halving has really been done.
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The halving is real but I still doubt about the fact if it will be good a lot of people said it was good but I right now have my doubts.
I hope they will be right because that means I can make some nice amount profit with my bitcoins of course.
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I do. I actually like to pay for burgers in my favourite restaurant with bitcoins,i dont have to convert them into fiat to eat something at town But i convert them to get payed for bills,etc. That is nice, I only once payed for food with the bitcoin and this was in my vacation in the Netherlands. They are having a website with all kind of food deliveries and you can let them deliver and pay with the bitcoin, its just so awesome.
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Trading multiple coins does have a downside - waiting. Sometimes it'll take a very long time before you see the chance to profit emerge, especially if you bought in at the top Then youre tempted to sell a slow moving coin because another is spiking.... This is true but this is laying about how you are investing and on what price you invested of course. I never honestly buy on a high price because I do not have the patient to wait again till it stagger to a higher amount.
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