Plan to use it more. There is a limited area to where it could be used so I want to see how it will work if there will be more. I want to use it for buying anything that I need from groceries to technology.
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I am saving it now as I don't feel that it is the right time to sell, at current price is not too high, in my opinion, but If I try to have more patience I can expect better profits.
I agree also hold some of my bitcoin in the wallet, I think that the price of bitcoin in a few weeks will exceed the price at today, so I still have confidence that I will continue to hold Seems like the best move is to be a long term investor investing as much fiat into bitcoin as possible. I am holding my bitcoin as long as I can too and only invest what I can lose but still my hopes are high for good profit. I will be thinking of using the best possible opportunity when the pump price. because you will not know if it is the highest pump or not. or even you will not know if the price will be higher this year than the year tomorrow. so use the best possible opportunity when the pump price, it would be better You mean withdraw it just using some instincts? Kinda hard to do. I got wrong many times in just using my instincts. One is when it pumped until $700 I thought it will rise more but I was wrong and ended up in a $650 selling price.
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Worst bitcoin decision that I had made When I thought about gambling and thought to make more and more coins through gambling, At that time I had no knowledge about gambling so u jumped into gambling and placed hifgher bets at that but unluckily I lost all my investments and then I decided that I will not gonna play gambling in future.
Lol yeah I often saw crowds of people suffered a great defeat on bitcoin, it is because they do not understand the inherent risks in bitcoin so that they can not control their games. if you're good at gambling, you definitely will not get a great loss, #imo bitcoin are so precious => people become greedy => want to grow their bitcoin in easy way and short time => they found gambling as the way to do it => the result always same they are broke . instead to make your bitcoin get doubled in gambling people should realize that it is just a good way to wasting your bitcoin not doubling it. When greed > common sense, you quite quickly see people losing their money in some scheme because they simply didn't think and tried to exploit something which just resulted in them being blindsided by what would otherwise look like an obvious scam. It's a shame but it happens to a lot of people. It is hard to blame anybody. I was a victim also. Because of greed I tried to sign up with a website that they say will pay me something. After that the account that I have used is already gone or the password have been change. Greed will really make you lose something so better stay with the steady income without risking anything.
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is bitcoin more popular than US Dollar ?
no , bitcoin is not much popular . because everyone don't know about Bitcoin but everyone knows that what is doller . so usd is more popular . bitcoin ie still less popular but in the incoming year by year it will became more popular then usd or other fiat . Hold that idea and keep hoping. It will happen though it will take long it will crawl up to its popularity until they will have no choice but to use it also. Money will become really important to them and some will make fees higher so they will look for option and they will find bitcoin as one of the better choice.
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USD have been used for illegal activities since it was born. They use gold back then and it make them tired because of the heaviness of this things. So they created paper to make it light but with the value of a gold being attached. History just repeats itself over and over again it is just the currency that changes.
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Off course everyone who has bitcoins can manipulate the bitcojn price but what you have to do is work together becuase you wnont change the price by your self you need to sell all together and the price will rise for sure!
Ohhh. Sell altogether and it will rise? Is this some kind of reverse psychology? I will give you an example. Iphone6 was created and they made 1 million of it. After a month 500,000 was sold but an event happened where people are selling it even for a half price without any reason. Will you still buy that Iphone6 after this news? Or some questions will come out of your mind? Why are they selling it? Right? Is there something bad about it? So who will buy those if that event happen? No one and they have 500k left in stock. So what will the company do? Sell it for a lower price. Hell they will even sell it Buy1 Take1 just to get ROI back. That will be a lost for Apple.
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This is created way back 2013 and I read it again, saw he talks about the Chinese also that have been profiting from bitcoin. That will be 3 years ago in December 2016 and how much do you think they have profited from all those years. Is banning bitcoin in some of the industry in China is just a plot for other countries to see that they are against bitcoin or hide the truth that they have a lot of bitcoins?
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i don't spend bitcoin that much all i do is hold my bitcoin because i have a dream i want to become it true before the my birthday comes it only a few months and i want a new phone iphone is one of my best choice im trading my bitcoin also to gain more bitcoins. Ohhh cool. Saving for giving yourself a gift. Well, we could do that here since it is easy to earn. And if you will doing it for a year then you can have more than a phone.
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Sounds fishy. There might be something more inside that sudden change. We know how this all works. Put something good to feed the media but the inner goal is real evil that will not be exposed for a long time. Or I might just be crazy.
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It is. Banks are global. As I read to some analyst, they say one reason is to change the banks method of transacting money. I think satoshi have a bigger insight to what it can do more. But we are left with bitcoin and we should take care of the rest.
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A very helpful thread indeed. We should create more of this. I hope I can somehow share in the future but for now I am relying to your list. Thumbs up to you.
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It is with the law of man that once you took what is not yours then it is considered as a crime. But then, there are this people who argues with that. How do they really classify bad from good? This have been a concept for ages and it wont stop. I think we should just look at our conscience. What do it say? Can you sleep after stealing? Is it still bothering you after a long time that it happened? Those question can answer what you want to point here.
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We should gave them a really good reason for this answer. It is hard to pinpoint good things about bitcoin since there have been a history of bad things that is happening and it is going on up until now. So the best answer for me is still with the transaction fees and the future projects that will be happening so they need to get ready for that.
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That is like an impossible thing to happen. But it is not bad to dream. What if it did? So this should be answered like a dream too because of the what if.
I think I will be on vacation for a lot of time. Do what I havent done since I was child. Experience the good views of many countries to appreciate God's creation.
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I do rely on luck most of the time. I dont really know if it is a good thing but somehow it saves me from being broke in terms of gambling and also with life. Skills will still be the priority and sometimes luck will fringe with skills to make it faster and we dont even notice it.
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One thing I will tell you is not to do cloud mining, 99% of those sites are scam, to grow bitcoin you must put it to work or work for it, to put it to work, I will suggest investing in credible ICOs, or lending it out though the interest rate small but it add to your Bitcoin portfolio and to work for it, you can do signature campaigns and social campaign.
Cloud mining is really dangerous though they say there are some that you could trust still it is risky. I will just add one more. I just saw it in facebook recently I think it is called Zarfun? Tried to look at the details and it seems like donating each other but there are some pyramids also. Be really careful with those investments.
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From all this answers I see we can choose between ponzi schemes, gambling, trading. But more or less everything of this things is a gambling, so maybe its best thing to try it. Find some good strategy, or you can check google for some tutorials and sites offering some winning strategies.
i think if we know about investment in gambling, its a good investment but you still be careful when you want to make any investment. for me, i am lending some amount of bitcoin into market exchange and i think i am making some of bitcoin and i can see its really grow although its not a big amount. Actually it is, however you need to have a decent capital in order for you to make great profit, it is not that when we invest in a gambling sites our money will be double in a short period of time, it is like getting a certain percentage of growth on our investment in a monthly or weekly basis. Yeah that is correct. Forget about the doubling and the greediness to make it all faster. Stay with the slow income but steady one. You dont want to be making everything go the other way around.
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Unfortunately, right now trading is not making people much money because the price is too stable. A better way to add bitcoin during tight trading ranges is by lending. I choose to do a combination of lending and trading.
In bitcoin yes the price is almost stable but with greater number of it you could feel the surge. In altcoin though, there is always a lot of movement. It fluctuates everytime because of the cheaper price, a lot could afford it and the demands goes up.
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Well if dollar will be crushes yeah euro will replace usd and i think its more valuable to use euro than usd.. Bitcoin will be still as alternative for online payment and i think bitcoin has no power to replace usd.
I think it's more easily euro broken than USD. Why? Greece is a good example. And there's others countries running in the same way... And USA can start a new war to maintain your fiat alive Is this opinion of yours because of the independency of some countries in EU? Hmm. That could likely happen but there is this strength in their exports so still it will be hard to crush the euro.
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Investment what i doing is multiple investment to lessen the risk of my money, and also i have savings for back up of my investment since savings is one form of investment.
Yes but if it is saving just by yourself and not putting it in bitcoin will be a little slower. Banks also are slower so I would really suggest that it is in bitcoin currency. In case the price goes up you will be taken by the wave.
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