People stop using bitcoin because they have their own reasons, They Can be scammed and go broke when they use bitcoins, They might have a bad feedback in it. They might be bankrupt when they use bitcoin like they might lose large number of money when they play bitcoin gambling games
yes that may also be a reason but to me the biggest reason is that most of the people have no opportunity uf using bitcoin. therefore most of the people first change bitcoin in fiat currency and then use it in their local markets. Even if they are selling it and using it then its good but the fact is there are many people who have not heard about bitcoin yet so we cannot expect them to use it. |
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when getting first 1 BTC. it took about 8-9 months. when I joined the signature campaign and then I try trade altcoins.
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yes earning 1 btc from signature campaign is an time consuming but the best thing is that you can definitely earn 1 btc from it over a period of time. |
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i havent bought any bitcoin yet but i will cause i should,i plan to use it as capital for trading and otger ways of earning
if you want to trade you must have enough capital. if you do not have the capital then you can not do that. if you would have the capital then you should buy or collect bitcoin first Or he could start small by buying and selling bitcoin. You can always start small while still getting the right amount of bitcoin you need to start margin trading. And while you are still on that process of collecting coins, you can study strategies and advance your skills thru practice trading in forex. Practice makes perfect. Experiences making us a better person. Agree here, if people really wants to step up to his basic methods to earn bitcoin, build experiences to other advance method to earn bitcoin like trading. Didn't you know that traders is the most effective way to earn lots of coins. Yes, it's not that simple that's why you need to build some experience doing that. Yeah and once you hold expertise in trading then I think there can be no limits of your earnings, so its good start step by step by investing small capital initially. |
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i think $1000 will not happen this soon and it may take a much longer time. if the last trend could continue we could have seen $1000+ by the time of halving but since we are taking some steps back it is going to take that much longer to reach $1000
and i plan on selling some there to celebrate and have some ROI on the top.
I think that I would sell some Bitcoin because I can really use the money at the moment but I would not sell all my Bitcoin because maybe the price gets even higher. I hope that the Bitcoin can reach it this year because I do not want to wait to long. I think bitcoin will touch that price in this year and that would be the best time to sell our coins as that price will help us in making higher profits. |
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Bitcoin price rise will occur before halving in my opinion.Miners need to stay profitable.I see a spike to $1500-$2000 by halving then a collapse to $800.A steady rise back to $1500 by end of year. It will hit $4k in 2017.
It can be possible but I do not know how to look I to the future because everything can happen even the things we do not expect when it comes to Bitcoin. So it is possible but if it is going to happen is something else. I think we should not think of the future and should enjoy the ride at a moment as price will definitely go higher in future which will allow us to make good money from it. |
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your decision is right about not sell your any coin, its right time to hold your bitcoin because bitcoin rise up its price too much faster than other currency and more people investing their money in bitcoin .
Of course, never sell your coins when you see the price is slowly rising as it will have a good value in the future, however you should also be consistent in monitoring your investment so you could do sell it at the right time. Slow rise means stability around that price so people can consider it as a buying rate if they want to take the risk to buy at that rate. And I agree with your last statement, don't just hold and hold as it will just take you for another round of holding resulting for more other days or even months of waiting. Just take part of every price rally to earn more when selling and to accumulate more when buying. The good thing is it is really good to make day trading here in the crypto world as coins usually fluctuates that hard and if you know how to spot an opportunity you can easily make consistent money. yeah trading allows us to make regular profits and I think we should take best advantage of price fluctuations and keep on growing our coins regularly. Yeah! I agree with you, I am planning myself to also trade in altcoins as I see that they have great fluctuations also, I hope I can be successful with my venture. I would rather focus on trading than in gambling, it is the same risky thing but trading is way more better to spend my time with. There is always an opportunity to make money in trading and if you are good in it then you can expect regular profits and you should also sell your coins when price is higher. |
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panic buying at bitcoin  hmm... maybe yess today bitcoin strong, we rise arround 3-4% maybe next day we will see bitcoin rise to $700 Probably within two days we can see the $700 Mark.The profit made from buying or selling Bitcoin gives immense pleasure to anyone.. Let us just be conservative, maybe before the end of the month we can see that as I believe that is so close to happen and the moment we can achieve that price it will start to slowly grow or steady with the price range. Yeah price is rising and at a moment price is $680 so we may see the price of $700 very soon and I am very much confident that in next month we may even touch the price of $800. It is good to hear that most of the supporters here are very optimistic of the big price increase for the year, that is good because we are pushing the price with the positive energy and with the increasing number of users we could see the price increase in the near future. The increased users can improve the price of the bitcoin. It might take several years to increase user numbers. if these people bring in money to actually buy bitcoin with, then yes, it will have a positive impact on the price. but if these people only look to farm their way through faucets to scoop up dust, then these people won't even make a dent in the price. If we find new users and new investors in future the it will help in taking price to a higher level in future and I think that will surely happen in future. |
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Future remains intact of the paper money as worldwide there cannot be one currency. Paper money will not disappear anytime soon, maybe it will be replaced by something else similar to paper. Bitcoin could act as an secondary currency if country adopts it.
Paper money would not disappear since its been used for many centuries even there are lots of kinds of currency out there, one would be replace and one currency would exist . You stated that bitcoin would act as secondary, yes it would since theres no possibility that bitcoin could replace paper money since btc was made of codes it a different story and shouldnt be compare. In the future it could be more on digital money rather than paper money but we cannot predict when it will happen. There is a good possibility that it will happen because the world is starting to switch into paperless economy. Well you have a point since technology is upgrading everyday maybe those digital currencies would be adopt by a certain country but i would take time too too replace paper currency. Lets see what would be the potential of digital currency like bitcoin would contribute and developed in the future. Let's make things easy to understand, Paper money is on the real world while bitcoin is on virtual world. How come a paper money can dominate the digital transactions, also same goes for bitcoin on how can it dominates the physical transactions without using an internet. The fact is both will survive in long run and people will use both of them according to their convenience as I don't think that bitcoin can ever take place of paper money. |
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Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?
The best place to make your 7 BTC into larger one is to invest it at trading sites. If you want to earn big then invest big. That's how big people earn their money. But always keep this in mind, the BL-SH rule (Buy Low - Sell High). Never buy high altcoins if you don't know how to gain profit with it. Goodluck and always think twice, look at the price chart always, read posts and never stop earning. Trading is an good way to multiply coins and make profits from it and its much more safer in compare to trading where you always have an chance of loosing everything. |
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Hello guys,
how many of you are earning for living just with bitcoin based projects? If some of you do, can you contribute what do you do?
i never withdraw any thing i keep them to trade more and more Its good from some perspective as you are making yourself strong for future but in other hand its risky to hold them more as who knows the future ? Yeah and its always good to sell theme when price goes higher that will allow us to make profits and if you hold it for long term and price drops in future then your holding would be useless. |
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No, I have never received any transaction by mistake.
When I send any tx, I make sure that I am sending the right amount to the right address. And I think all people should do so because losing bitcoin is bad :-D
Yeah we need recheck before sending as if you send it to wrong address then its impossible to recover it and if we receive it accidentally then I think we should enjoy it. |
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising  So, how about you? When it comes to Bitcoin I make use of it as an investment because that I can make money with it and using it as a currency is not a option if you want to make money. I have used it as a currency a couple times but i am not doing it anymore. you can make money regularly from it if you trade them rather then holing them too, price fluctuations allow us to make quick profits and that is the best way to treat them. |
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The future of the bitcoin is pretty nice if you ask me there are a lot of things coming and the bitcoin is also getting more popular everyday so that is good thing for the bitcoin.Also the halving has proven quite beneficial for many, though the Bitcoin value needs to reach around $800 for miners to get their double pay of $400.
yeah and I am sure that we will be seeing all time high price in coming months and bitcoin will be widely used and accepted in future so I think bitcoin has a great future ahead. |
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The bitcoin price will rise a lot after the halving if the history of the last halving repeats. It will up to 10 folds.
but bitcoin system are not always repeated although halving four years ago to bring the price of bitcoin into space. but not the exact price bitcoin will also pump when halving come back? but I hope the incident pump when the previous halving could happen again Wait a little more the halving has just happened a week ago, and it will have a better effect on bitcoin and its price and we will soon see the price increasing with a good speed bringing a good profit to all of us. Yeah price will be much higher in future so I think the best way to treat your coins is to hold them for the future to earn higher profits from it. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
and result in panic selling would be bad with bitcoin prices because the price will fall uncontrolled freefall and will lead to further losses in I think people should have patience and should hold their coins for a long time to earn profits from it as as selling now will not help you in earning higher profits. |
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The only best suggestion for that question is that, trade will turn 2 BTC into 4 BTC, but for that he should have to be espert in the field of trade and if he do not have any knowledge about trade then he should have to stay away and have to learn more about trade.
Yes trading is the only way to get there as I don't think there is any other method to double your coins in quick time and I am surely not interested in gambling. |
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Getting rich is not easy it requires great level of dedication and hard work to achieve that milestone as its never can be done overnight you need to make continuous efforts in getting rich.
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i think the easiest way to earn bitcoins fast is to just simply buy it on an exchange or if you want to earn it with some work then you should actually participate in a signature campaign
There are limits to almost all of the signature campaigns so he will get bitcoins with some limits and he want the fastest way to get more bitcoins with no limits s he should have to start trade, it will be more better. Yeah if you want to earn it fast then I think you should invest it in trading as it will help you in growing your coins in quick time which is not possible with any other way. |
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i think this is not the end of bitcoin this is the beginning the price of bitcoin i hope in 2017 is 1000$-2000$ .. but know one will predict the price
Then why would you think in the first place that bitcoin will end? If you guys want a huge price increase to above $1000 or possibly the new ATH, hope that huge investors will do their job to start some panic rally. Without it we can never see such price of your desire. The thing is, those huge investors have high trust issues with bitcoin's volatile value. I kind of understand how they feel because of course, they are huge investors and they'd be investing huge amounts and there is a high risk of losing those huge amounts. You get it, huge investors have huge amounts, so in here they no need for such a high target of price which they not sure if they can stretched it with the help of the community. They feel the profit even for a $100 price increase since they have big amounts on hold. They will not risk to start another rally since they are not sure that community will eat the bait unlike in the recent price increase before the halving where most in the community bought some coins too after big whales started the trend to breached $500. I will say, they have invested in the early time when the price was much lower and after that the price increased and now they do not lose any amount when some small fluctuations occur,as for that that amount at which bitcoin is now, is much higher than at what they have bought. ' Price will keep on rising in coming days so I think we should hold our coins for the future to earn higher profits from it and price will surely touch new heights in coming days. |
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Maybe in portions of 5 BTC? Or just throw in into a tumbler and just cash out. What are the banks going to do about it  ... I would sell halve of them right away because it would not be a bad idea to make some money right now. I then would save the the other halve for the future. But if you have that many Bitcoin you know that you are going to make much money. First of all I would sell almost half of the bitcoins and treat myself with the things I wanted to buy !!!! Then hold rest of the bitcoins for the future. 500 bitcoins is a lot of money by the way. It would be amazing to receive it  yeah and I think that it can make us our dream come true as you can do anything once you hold that high amount in your wallet, I think you will be the king of the world. |
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