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For residents of third-world bitcoin offers the opportunity to earn the same wages some people earn in developed countries. I agree that this is very important. Additionally, the bitcoin shows an example of a fair distribution of income. It cannot be given any other currency in the world.
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So I think everything. Just what will you do if bitcoin starts with the same speed or even faster to fall down? You must understand what ever the price may increase and someday it will happen. It seems to me that it is too early to speak about bitcoin as a reliable investment.
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If unemployed connected with the reluctance of a person to work then it will not help bitcoin. He does nothing to help. For those who want to work, willing to learn but no decent offers bitcoin it is a great opportunity to earn money.
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One important thing of making money is to have something other people want.
So if you learn to understand how the people think that gives you an advantage. Then you know what they need, what they want.
Through that all you need to do is to find a way how to give the people their desires.
And if you are very smart you develope the ability to know in advance what the people want. Even before the people know it themselves!
That would be the ultimate base for a successful business!
I'm not very familiar with the rules of trading bitcoins on an exchange, but I try to follow the whales. When they are on the decline and prices sharply lower, I buy. I sell my bitcoins only when I do not have Fiat currency. |
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I think the problem is not that the sellers are not willing to accept bitcoins, but the problem is that buyers do not want to spend their bitcoins. Everyone is trying to keep the coins in your wallet and earn on the price increase.
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Something as general as fixing an entire economy would be beyond bitcoin for now. Bitcoin can affect people's money matters on a micro level but unless there's a move from the government making bitcoin more accessible to people, it won't have any effect in the economy.
It may improve the economy of one's country. Though you cannot immediately see its effects because it's just on a micro level but once some major investors who invested in bitcoin will have more income then they would create more businesses means more jobs and that would help boost the economy of a country. Of course if there is a support from the government then it would be more achievable. Not agree with you. Those who invest big money in bitcoin will never build factories in the country. It is not profitable and they have a different specialization. On the contrary, they are pulling money out of the economy and invest them in bitcoins. |
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The same business but with a new strategy in bitcoin world, with your investment can generate more profit.
Bitcoin is not just a business but it's a kind of saving for future. It is a safe and Secure business a lot of people are earning through Bitcoin now a days. People invest and get profit. It is as simple as it looks like no worries no loss no extra payment. Many people select Bitcoin for trading. They trade and get profit and then invest more money in Bitcoin for future as well. So this amazing change in our life has changed our Lifestyle so much and we are taking good benefit from it. Bitcoin is not a business. Bitcoin is a currency. Business is trade of that currency on the exchange. But it seems to me that this approach to bitcoin distorts the meaning of the emergence of bitcoin. If the use of bitcoin will not change the fact he can turn into a bubble. |
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My e-wallet too, until this year, did not take money for transactions bitcoin at all. Then the fee per transaction was 0.0009 BTC and 0.0005 BTC now. I think that it is expensive and not conducive to the development of trade.
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in my opinion the price of bitcoin after August 23, will probably reach the $4000 because it is currently at number $3400, bitcoin possibility this would happen this night keajiban with the speed of price rises so that prior to August 23, will be close to $3700. I'm sure this will happen as early as August yesterday which gives extraordinary surprise
On what your confidence is based? What needs to change? It seems to me that after August 1 the price went up naturally because for a long time, the demand was constrained due to panic. Now I see no reason for the sharp rise in prices. |
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Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere
What is your response with this opinion?
Yes that's true.. As far as i know bitcoin is made not only for those rich people but for all kinds of people living in this world. This bitcoin is free for everyone. This is built for any kind of people's purposes. And this is made to use by everyone. Not, there is bitcoin free. What do you mean? Bitcoin is the currency, and the money does not get us free. Bitcoin truly accessible to all segments of society, but it creates other layers of society. There will always be rich and poor, and the bitcoin is not a panacea for poverty. |
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What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
for me the only thing to make your business or money get bigger is to invest with the good investors. To make money more.,joined some campaigns that gives a higher income then also posting is the answer for make your money bigger Signature campaign will never give you higher income as the payouts are fixed and limited so if you want to make more money then you should go for trade and investments where there are higher opportunities of making higher income. Also, you can lose all your savings if you are going to trade without proper learning. Currency trading can one day make you rich, but for one day you may become bankrupt. Be careful in your desire to earn more than you have. |
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i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%
i am not really sure why it went down on the first place
but i am happy that they are UP now
& i am still wondering what make the price increase :/
to be honest i dont know much about the tech.
all i know is the rate is decided by the trading ratio & volume...
and according to news 2 largest dark web market(alphabay & hasana) have been shutdown by feds
& i think that most of the BTC transaction come from dark web......
so closing of those market should decrease the trade volume
and it should affect the price......
so down it mean that exchange rate will decrease again??
Its very hard for bitcoin to become a stable currency.Bitcoin is a decentralized currency uncontrolled by any central body unlike fiat currencies which are controlled by governments.So,bitcoin price either increases or decreases with increase or decrease in demand for bitcoins.So,volatility is its nature. If we are looking about the stable crypto and we can use tether, but the volatility just like a rule in crypto, because there is no party that controlled the market. I mean it's about the double coincidence. Bitcoin just like a nature form of the demand and supply. It seems to me that these races may not be natural. It's more like a game of whales. Nobody knows how many bitcoins they hold. They can easily manipulate prices on the market. The more bitcoins will be in the hands of ordinary users, the more stable the currency. |
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Lot of people posting their Steemit articles here trying to make bank.  Anyway, this is common sense. TRUE COLD STORAGE = PAPER WALLET Anyone who lost a significant amount of Bitcoin will tell you a paper wallet is the safest way of storing it. Think of it like cash money, except you are holding a paper with your keys on it. No one can hack you if you use this method. To break can not, but you can lose the keys. If you store them on the computer then hack your PC and steal your codes much easier than to hack e-wallet. I think that in General it is impossible to store a large amount of bitcoins in one place. |
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BTC-e down for over 24 hours. One of the owners went by Alexander. Possibly related, 1h ago: Greece detains Russian Alexander Vinnik for bitcoin 'fraud'ATHENS, July 26 (Reuters) - A Russian arrested in Greece on suspicion of running a money laundering operation through a bitcoin platform is 38 year old Alexander Vinnik, police sources said on Wednesday. Greek police earlier said the suspect, who was picked up on a U.S. warrant, was thought to have used bitcoin to launder 'at least' $4 billion earned through illicit activities. I'm lucky I stopped using BTC-e a few years ago but I transferred my coins from there to Cryptsy which didn't end well either. I ended losing most of that anyway. These exchanges are high risk and this is another reason why we need to be careful and not keep many Bitcoins on them. Even good ones can get hacked and there's no way to get it back. Any exchange transactions associated with the risk. Especially if the owners of these resources are the Russian. Russia is a poor country with big ambitions so among them are a large number of highly qualified hackers and fraudsters. |
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At the end of this year we will see the price much higher than $ 3,500. All trends indicate that the demand for bitcoin will only grow and not only in this year. Probably the new year we will meet on the position of $ 4,300.
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may be in less than 10 days the price of bitcoin will hit $4000.  Activation of SegWit is not enough to push price that high. We still haven't reached a stable situation, we are waiting for next fork in 6 months. This could potentially lead us to another split like we experienced with BCC. I am uncertain about the future price of BTC, and I feel like the whole process of scaling might be the nail in the coffin of bitcoin's success. Why activation SegWit necessarily lead to higher prices? I don't understand. Can someone explain to. The price of bitcoin depends on demand. What does activation SegWit. I guess people don't think about the reasons and any reason to take it as a way to increase prices. |
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No, bitcoin with a stable price will not be so popular. It is mainly used only because of the opportunity to earn money at a rapid price increase, and without it, the interest of most investors will lose interest.
I disagree with you. Even if the price of bitcoin will be stable it will not reduce people's interest in the earnings of the currency. Can indeed reduce the interest of speculators, but I think that currency will become stronger. |
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Are you implying that bitcoin is a pyramid? Perhaps, but the financial system of any state is also a pyramid. We are witnessing the collapse of state currencies. Bitcoin is constantly showing growth. For me, the dollar more pyramid than bitcoin.
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For me, the goal is not to become a millionaire in the future, and to live a full life today. Now the best years of my life and I constantly need money. I may not live to see the moment become a millionaire so I spend my bitcoins now.
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I think you just sold part of my bitcoins. I wouldn't do it but I need the money. In order to buy at this price I'm not ready yet. I guess I need time to get used to that price. But closer to September the price will be higher that's for sure.
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