I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.
What should I do If My wallet or BTC gets hacked?
It is better if you use a hands on wallet. There are plenty of good wallets out there. It is better to be safe than sorry. Do not get cheap on wallets as you u are storing a big amount. And they are not that expensive also.
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Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?
As of now i do not think the government will ban bitcoin as it is also a means for the government to make money. And in the long run they will benefit from bitcoin by regulating it and trying to lokk out for criminals trying t launder money
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Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
As far as i know bitcoin is not hackable. But where you put your bitcoin can be hacked. Wallets, trading platforms or anywhere you can put coins. So be careful with your passwords. Your secret keys. Those are the things that need to be safeguarded
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As of now plenty f people still don't understand bitcoin and Blockchain tech. For me ordinary folk or people that lack tech knowledge will have a hard time earning in bitcoin. You need at least an above average knowledge on internet and tech to be earning bitcoin. Not just buying bitcoin.
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The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
At first it looked like it was a good way for payment. But now the time frame and transaction fees are not viable for payments. Maybe n the future if they can find a way to change the time frame and fees then maybe it will be a great payment system
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Bitcoin is changing the way we live. Bitcoin is changing the way we do business. Bitcoin is changing the way we travel and save our money/assets. Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties.
What do you make of this, huh? Share with us what you think.
For us bitcoin gave us a means to work at home and be our own bosses. In a way you will mostly be online and be in front of our computer but still working from home and no bosses but your own.
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My suggestion to everyone would be to be calmed, don't be greedy, have a patience in everything. Success will definitely touch your feet, never ever quit. Bitcoin's price is always volatile, as we see it's dump price and the market is red, never lose hope. Always remember this one " He who quits does not succeed, he who succeeds does not quit". If you are trading you really need patience and you need to do research and learn from anyone. Here n the forums, chat and do online research about coins and the founders. Learn the basics and do not rush. You need to be dedicated and go all in. Not half hearted
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As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
It is very possible to earn in bitcoin. But you need to learn and do research. We are trading and doing sig campaign. We cash out what we need for our daily expenses. It is very doable but it takes a lot of dedication and patience
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Form last few months everyone is seeing some rise and fall into the price of the bitcoin. When it was rising everyone thought that they would have invested in it. But as of now it has fall to $10K from $17K.People are having doubts now that is bitcoin still good to invest. This is like bitcoin is been on the roller coaster ride and that ride is getting slow now. Investors of bitcoin may have lived a nightmare of 70% fall in its price from all time highest. Now this is rising again that is a bit relaxation but not that much. This up and down is making the reason for new and current investors. So if someone ask you about investing in Bitcoin, simply say yes. But what about the price? So another answer here is that bitcoin price reflects from the market's activity. If more people show interest in investing into bitcoin then price will go up. On same page if interest of investors is low it will go low. But still you can say that even with this low price it have eliminated other investment options. In every investment one thing is important and that is belief. If you don't have trust in where you are putting your money then it is no use. You will eventually pull out your money in small time. If you need fruit from your tree you have to wait for years to let it grow. Same happens with investment. If you are not sure of it put small amount in it that do not affect you much. With small investment in it wait for long. There may be up and down but you have to stay patient. If you want the Records of ICO token and cryptocurrency market cap there are many sites like CoinMarketCap, and CryptoLoins. But if you are thinking that you can grow fruits from your first tree then you are wrong. Before growing tree you need to learn about tree and how to grow them. So what you need to do here is learn about bitcoin. Do study of how it works, what features it have, what are the flaws, etc. Then learn about the market, how market works, what profitable conditions are and what are not. These questions will force you to come up with a strategy. A strategy or plan to make investment depending on the facts you have learned. This post is just for understanding what is actually offered by bitcoin. We are not telling, forcing or suggesting to invest in any cryptocurrencies. This is all just for knowledge. If you invest in cryptocurrencies and any kind of loss is happened we do not take responsibility. Bitcoin is always a good investment. But you need to time it right and not just follow the hype. Do eome research and know what you are in for. Now is a good time to buy and hold. Do not wait when prices are high and buy bitcoin as you have a big chance of losing and might get hit by price dump.
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The price of bitcoin has rallied at the beginning of April after suffering significant losses in March, as positive news in the cryptocurrency space has encouraged investors.
The volatile cryptocurrency’s value has shifted wildly ever since mid-December - when it hit a record high of more than $19,850 (£14,214) - with frequent heavy drops and speedy recoveries. Its price plummet back to earth in January and February, as governments and central banks around the world raised the spectre of future regulation.
Bitcoin’s value plummeted again shortly before Christmas, dropping by almost $2,000 (£1,449) in just an hour at one point, and almost slipping below the $11,000 mark (£7,970).
It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month.
March saw bitcoin's price drop below $10,000, reaching a low of $6,500 before rebounding above $7,000.
And now, where is the bitcoin price going next?
Bitcoin price is very volatile. Price can go up or down in just minutes. Negative or positive news also affects the price. But for now bitcoin is still going strong and will rise steadily as long as no fake news will come out again. Lots of manipulators want to buy cheap so they also try and control the market
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Hi guys , I read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you should face , and its a win and win bet when you hold bitcoin . So knowing that some people selling their bitcoin I feel so sorry for them.
For me it s better to hold bitcoin as long as you can. But not all.people can afford to hold. Like ourselves, we invested in bitcon for our future and do trading for our daily expenses. We only cash out what we need and try and catch a break if btcoin has a his gh price. But we do sell for our consumption
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I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. If you want to earn in bitcoin you need to do research and learn trading. It will be confusing at first but it will be worth it. Try and grow your $20. After that you will surely put more and your portfolio will grow faster with the right amount of capital and knowledge
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I have seen many people say that Bitcoin will end governments.
But do we really want that?
And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
Bitcoin cannot end governments. It may render banks useless but that is still far from happening. You control your own money and that is why banks hate bitcoin. Lots of people are investing in bitcoin and not in banks.
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I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
At first we bought bitcoin and waited for the price to go up. After a few weeks we learned how to trade and we have been trading since. And now we also do campaign sigs for additional income
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So my question is. Are you investing into Bitcoin purely as a investment? Or are you investing because you believe in Bitcoin and the technology? Back when Bitcoin started i feel people invested, because there believed in it, and wanted to see it change the world. Now days i feel people only look at it as a way to make money, and don't really care about the future of it. Whats peoples thoughts?
We invested in bitcoin because it is the future. We trust bitcoin and will always be one of our sources of income. Bitcoin gave us a work free environment. It is not a job that needs you to work 8hrs a day and more importantly you are your own boss.
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I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
Sad to say but bitcoin is the easiest way for criminals to transfer or launder money as it is hard to trace. These are the cons for anonymity. Criminals will always find ways to transfer funds and the government also will find ways to catch them
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This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee)) Sell 50 @3.00 = 150 Sell 50 @4.00 = 200 Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
My strategy is I always look for coins which has a real use case,or has a working product already. Also i try to diversify my portfolio ranging from low-mid-high cap coins. I also do laddering when i buy or sell coins, just in case it dips more or it moons. And always keep a spare btc during flash crash, you can buy good alts at a bargain of the price.
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my opinion may not be destroyed, but added to complement the lack of traditional transaction systems. I think our world needs a better development. we can not survive without development
I agree. Traditional banking may never be destroyed, but somehow most of them will and has to innovate and may use blockchain to keep up with the changing world we live in. Coz i strongly believe that blockchain and crypto is the future.
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Hey guys, I wanna hold some alts for 2-3 years. Can you advise me some? I am thinking about Bitquance, XVG, OMG, NEO....anything else?
OMG and NEO for me both really good for long term. I suggest you also add a few low-mid cap coins which has a working product like OST, TE FOOD amongst others, it has bigger room for growth and you can make massive gains for such.
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