There is nothing weird to be billionaires because bitcoin, maybe a few years ago it was like jokes but now it becomes a serious and easy thing to be realized.
Bitcoin is something which not all of us can afford to buy. You really need to have a huge amount of money. Only then it will be possible for you to invest and buy some good amount of bitcoins. I do know some billionaires who are not only investing in bitcoin but are also making out a huge profit in return. This is helping them in having much more money than they are already having. |
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I think that some altcoins will not only survive, but will also compete with bitcoin. While bitcoin does not develop, alternative coins are actively improved. For example, a ripple very quickly increases in price due to fast transactions.
Altcoin is also a very large market of digital currencies and you need to stay up to date regarding them as well. There are many good coins which can generate decent profits for you. As far as ripple is concerned, it is just in the beginning stages. It needs a lot of hard work and improvement to stand next to bitcoin. I don’t think so there is any coin that can give tough time to bitcoin. Bitcoin will always be the boss. |
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There is always a risk involved with any loan, we dont know people who can trust, unless there is assurance that the borrower can not run away, like collateral agreement.
There is always a thing in business that you are not supposed to go for any option that is high in risk. Risks are so better for your progress and success but we must go for less risky options and choices. Like in this case, loans are always risky and risk factor is much higher here. So better is to go for some other options and avoid this thing because you can have a loss, a huge loss. |
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Did anyone think at this? How would a bank work? How could you loan bitcoins and get interest for them in an economy with just 21 milion BTC limit?
I dont think someone would make it considering a huge gamble toward the future loaners and this may not be in trend cause we have so many banks in the world. It would be so much risky to start with and for a 21 million BTC to be loaned? Why you must lend it to someone if you can save it for yourself and still profit. What I’m thinking is— with this volatile price, how is the bank (if ever there would be) going to carry out the loans and interests stuffs?. I don’t know how to say this but I’m very confused on this. But, I don’t think this is actually going to work, it’s just not possible, and bank is not dealing with crypto. |
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I think no , cause we used fiat ever since so it is possible that it will be crashed ,
I would not be too sure about that. A lot can happen and a lot can change in the future. What happens when everyone decides to stop using fiat or probably some huge part of the population decides they are done with fiat? Do we think something like that cannot happen? Anything is possible at this day and age with everything going digital except even if it ever happens at all, it is going to take some years. |
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Some of us have known gambling since childhood. well, I want to ask you what your first bet is .... if I bet with my friend when playing snake ladder who will be the winner at that time. that's the way make me knowned about gambling.
I have experience before because my childhood is awesome im not that kind of having a rich family , they will let there kids to have a bad images with the gambling but since i have a awesome childhood i played card games the famous here in my country like tong its or something like poker but now im big ofcourse im still playing in dice game which is more easy to understand and everything there is all about the big prices. we had the same childhood experience i can say that it is also awesome or amazing it was so great and my first bet when i was in elementary i played with my classmates during our breaktime,like you have to guess what's in my hand if it is head or tale and if you can guess it you can have my money and if you don't you have to pay me.. It means that you are into the world of gambling since your childhood but my story is somewhat different in belong to a family that is financially stable and until my high school in do not know anything like poker or dice games. One of my friend was indulged in it and my first betting was about the dice game we used to play in the nearby casino during the school hours and in have lost a lot in that way therefore now all in have to do is to advise people that they must quit it at once . Not every poor person moves for gambling to make easy amount of money. There are some hard working people still present in this world who like to eat after doing hard work rather than to work on the motto “eat, sleep and be marry”. Such people are the man of words actually and they deserve more than they are earning. And I think that even poor family also don’t allows its children to go for gambling because they are also well aware of the side effects of gambling in life. These are basically our companies who make us aware about gambling. |
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I don't think its a good idea to just focus in bitcoin. Although the price of bitcoin is very high in the market, its better to have options in investing your money.
Bitcoin is best in growing. No other is it can give as much profit as Bitcoin in a short period of time. This is the reason why it has attracted a lot of investors in the last year and this year ain’t be any different. The first choice should be Bitcoin but diversification has its own advantages. A person learns a lot about other crypto coins. Also this decreases the probability of loss for the investor. |
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Now is not yet the time to sell your bitcoin. If you feel that there will be a correction to bitcoin's price. Sell it right away.
That totally depends on someone who really knows how to trade and obviously except for those who can really study the chat pretty well, then that is a call an ordinary holder will not be able to make. Sure, it is a good thing as you can make a lot from selling at peak and buying back once the market corrects. That sounds a lot more interesting for those who are looking for the huge profit. |
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Because they think that gambling is the easiest way to earn money.
Only a dumb guy will gamble in order to lose all his money, and greedy is the only way in that you could feel satisfied in order to gamble. If you are doing bets of less than a dollar or so, then there isn't any problem at all, but if you are a poor guy who has a wage of $1000 a month, are you seriously about gambling the half of your wage in there? That is the main thing that most people do, and they think that a simple slot game will resolve their lifes. Different people have different reasons for gambling. Some of the think that it is the best method to spend their leisure time and fin it as a way of pleasure and enjoyment hence they could be categorized as the fun seeking gamblers. On the other hand some think that it is the easiest possible method of earning money requiring no efforts at all but they end up losing all they had previously. |
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I think no, price of bitcoin will start to rise from this price. Bitcoin shows highest drop ever, but it will start to rise soon. In truth we can't predict what will happen with price in next days, but considering trend it may shows upword slope.
At this stage of Bitcoin's life, you can still predict something and all these forecasts will be justified. But after a few years I doubt that something can show real prospects for Bitcoin. I'm worried about this, because the huge price for Bitcoin is nothing more than an air bubble and I want to try to make it to Bitcoin before this time. In my opinion, we should take this as the best ever opportunity as this is the best time for buying of as many number of bitcoins as we want to have in our wallets. The market of bitcoin will for sure increase by the start of next year and this will actually be helping us in having more money than that we invested in bitcoin. We really to cash this opportunity for having a better tomorrow. |
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Many businesses in different countries are accepting bitcoin as payment for goods and services, and there are also some that dont accept, it maybe because they dont know what a bitcoin is. Dont know when will the whole world accept it as payment on any transactions (but it can be possible) since banks are continuously producing money and is the only currency that they recognize.
Businessmen are willingly accepting bitcoin against the goods. Many shopping malls across the world are also accepting bitcoin being a payment against items. I have purchased my android phone from abroad and paid in bitcoin to the shop. It is reality that fee is now a days very high of bitcoin transaction but I personally appreciate bitcoin payment system because I am extremely fed up of bank dealing that’s why I prefer and like bitcoin payment system. |
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No one will know when will pump the coin they have, because if we know we wait the day that the coin is increase then we sell it on that day, trading is risky that is the reason why we need to always update
Personally in my 3 years of being the member of the rising community of bitcoin I really didn't know how to make any predictions about the next pump and It didn't come into my mind to know it because I'm just afraid to frustrate myself of my unpredicted predictions. What i mean is i dont know how to know about the next pump. That’s what has been happening with me also since the time I have joined the Bitcoin community. Honestly, I have never been able to predict the next pump or dump and neither it is possible to tell the peak in any of the case. See, this is why we call digital market a volatile one as it fluctuates abruptly. The best practice is to check the price from day to day. This works for me at least, staying in touch and this is what I do. |
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You've posted last October, bitcoins price by then was $6000, so i guess by now you've already invested in bitcoin. Because the value of one bitcoin now is almost $16000. You have already made a huge profit if you did invest and not wait.
You are absolutely right. Bitcoins are always fluctuating and the profit is varying according too. Like you have said, prices of bitcoins were dropped and then they are increasing now again so the thing you need to keep in your mind about this bitcoin investing is, you must be seeing the price rates and the events that cause this high and low in market. Invest accordingly and wisely. |
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
The best time to buy bitcoin is when the rate of it decreases and sell it immediately after it reaches the peak of the mountain of the rates. Yeah! That’s the best strategy of trading with bitcoin and making massive profit. Buying low and selling high after holding bitcoin for a good time period. Bitcoin is the one which has made many people achieve their dreams after they had applied this strategy to their bitcoin. Bitcoin should never ever be sold at low rates under some emotional or market pressure because bitcoin is the only currency which keeps increasing in value. |
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Of course there in bitcoin it wants to be so rich that we are here working hard to and persevering so we can achieved our aspirations for a wealthy day someday in bitcoin .we are just waiting for the opportunity to invest in a trading that is a the best way of that procedure and investment way.the value of bitcoin each one of this you buy.so just wait and work out and its coming someday that we are all bitcoin millioner someday and its not a bad dream ambitions but if you want so get it here in bitcoin is a good way to become rich .
Definitely money is not everything in your life. There are some people who often think that if you don’t have money then you are nothing without it. I think this is a misconception because if you don’t go for money more than you need, then how someone can make judgment on it. Money should be there for you but in limited amount as per your enough needs. So yes, this is it. |
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Nothing serious is going on and what we are seeing now is what anyone should have expected after a huge serious unwarranted buying of bitcoin while looking for a quick profit. Bitcoin is not a get rich quick scheme and that is what most people are forgetting, Let us see the bright future instead.
There is no reason to panic and do not worry next time it happens in the future, you will know it is a normal thing and usually when bitcoin is going down, all other coins are following it as well.
The price of bitcoin is volatile and nothing can say about the price will it fall or increase? But the right decision is to keep your bitcoin in your wallet for some more time because one should not be panic about the price. Up down is the nature of bitcoin and it is also the attraction for the new investors because when they think about the price in the next one year, they invest their money for high margins of profit. |
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you should not postpone your work to invest in bitcoin. maybe today you will get a bit bitcoin because bitcoin price is very expensive. but wait in a few days .. bitcoin will go up and your money will doubled. I think it's very easy. you just wait and hold bitcoin so your money doubled.
Agreed because bitcoin is I think just for the part time although many people are making huge money from bitcoin investment and also from this forum but if you have a regular job then you should continue your work and never give up because of bitcoin. If you want to invest in bitcoin you will have to do nothing just buy, hold and wait for some time and when the price rise more then you can sell for profit. |
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Hello! i want to save money while playing gambling game but i cant really do it because i am really addicted to bitcoin still i have small amount of money to save in my wallet but in the next day i spend it for gambling because i'll always lose in gambling games can someone help me with saving in my wallet and play gambling games at the same time.
You are asking to save yourself from cancer even if you constantly smoke the hell out of at least 2 packets of cigarettes, is that possible? While you try to save your money on one hand and gamble aside on the other hand, you dig your own grave yourself because you know you have money, so after losing once, you will take some money out of your "saved funds" because your greed won't let you stop. There's no such way to drive two cars simultaneously and so, either stop gambling or forget about savings. Or try to keep your funds in a paper wallet, give it to a person whom you trust (dad, mom, maybe wife) and ask them to lock it at a safe place so that you may not touch anything remaining in it. I don’t think so that saving money while playing gambling. There’s nothing impossible in this world. I think we all are aware about the fact. One can easily make huge saving while playing gambling side by side also. Simply he has to reduce the amount which he used before the plan of saving money. The amount that you have deducted can be easily saved so that they can be used in future to meet dangers. |
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If someone says that bitcoin will ever end or another coin will replace bitcoin then it's still socks. Because if bitcoins ever end when the blockchanin starts, then anyone in the world believes in cryptocurrency, believing in blockchain technology.
Bitcoin is at present world best currency and it is the most expensive mode of investment as well. People are making great profits form it over the time simply by holding it. Bitcoin is never ever going to put its investors into loss until and unless they don’t go for panic selling. Bitcoin is increasing in popularity day by day and I am ready to bet my all bugs on this that it is going to replace dollar soon. |
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Banks are completely scared of the thought of a new economic model, and rightfully so. I hope bitcoin can fulfill its potential and disrupt our society in a big way.
With the increasing emend of faster transactions, banks are failed to keep up with the demand, hence people are highly attracted towards bitcoin. There are many ways in which bitcoin is far better than banks. The freedom and control bitcoin provides you over your wealth is not provided to customers by banks rather they are all the time deducting different taxes form your money. People are leaving banks for common uses. |
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