So far, as we are in the middle of 2017 already, the fate of bitcoin is getting better every single day. The value appreciation is still going high. More and more people are beginning to learn and understand its advantages. They are embracing this new technology. On the other hand, private businesses are also opening their doors to bitcoin. Not to mention countries that have taken the truth about bitcoin's legitimacy.
More to come, bitcoin. 2017 is a great year all in all so far.
But with everything good that is happening there will be a bad side. For us bitcoin users it is the transaction fees which are also getting larger as value increases. This problem could be a cause of one new user to doubt this technology. If the fare for just making a transaction is too expensive then they might look for another option. Well if we have other option maybe that's the segwit2x. Hope this will turn out from what we're expecting. The least thing is to make every transaction much faster than the current situation. |
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Yep i find it rediculous too, i don't think this way new people to crypto will start using btc anymore..
It is. And what pissed me off is higher transaction fees yet very long confirmation time.  |
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The trend is to go up.
It can't drop to 1000$ - I'm 100% sure of this.
I think it will go up again close to 3000$ and it will stay there for a few months.
Yes yes! Sure thing though. Last few days it is constant decreasing but today btc rise again and hope it will continue until it reach its possible peak. |
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Just simple trades with altcoin not holding. I don't really trust altcoins for long term investment. Holding them would not be ethical as they have tendancy to dump themselves at any time in the period. What if you have held some altcoins and they start dumping immediately, that would be your complete loss. Most of the dumped altcoins don't gain the value as devs won't go for future development sometimes. It's just possibly the case.
Yes to altcoin trading. Holding in long term of altcoin is somehow risky like you never know when its downfall. Just trading every now and then is much accepted like HODL. You can see if you're earning or not. Then you can do something about it. |
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I think the price will stay relatively flat but with quite a bit of volatility until UASF deadline passes and people realize nothing bad is going to happen. After that I predict it will shoot up high so my advice would be to wait regardless of when you bought.
Well then, I'll take that advice. Actually, I'm waiting for the right timing to sell my btc and I think that's the best time also. |
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Hi, I am looking for a way to earn some money without invest(because I am broke), I can dedicate 2 hours a day in that. what can I do to make a bitcoin per month without any investment?
Wait, 1 bitcoin in 2 months without investment? It's hard to do that brother, yes you can try some campaigns but you need to be a high rank. Maybe work for 12 hours or more to get some good pay but I think it's not yet enough. When you do have funds try trade or gamble it to reach your desire amount. Well then, goodluck to your bitcoin journey. |
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I'm still looking for this kind of online shop in my country. I don't know why there a some Bitcoin ATM in my country but they do not accept bitcoin for any payment  It's sad thing Even if you don't have bitcoin ATM in your country you can easily shop at offline places by using bitcoin debit card as I am residing in Dubai at a moment and even here there is not a single bitcoin ATM but with debit card I can easily withdraw fiat money from regular ATM and also use that card for online as well as offline shopping without any hassle. Yeah as easy as that. Just transfer your btc to your bank account and it will automatically convert it to fiat. The good thing is it's free of charge. You better try it sometimes. By the way, search some local online stores in your country, check if it's legit and don't pay right away, better to deliver it first at your home then test it. Like "cash on delivery" method. |
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
Absolutely for purpose, yeah I take this as a serious matter. Treated like my regular job as well because it gives me some financial assistance. Part of it to save for a long term and some of it for short term. |
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Which one suits you the most?
Definitely electrum and coins.ph Electrum for my savings and coins.ph for my everyday use. Less hassle and worry free. |
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Just like what other and what other threads with the same content as this yes bitcoins has no limitations in what the users must be in order to use it,its free so anyone can access it and learn
There's no limitation ,everyone is allowed ,no requirements no restrictions. We just need to be oriented on what we should do to avoid being scammed. And it is borderless. In fact as long as they're computer literate they can manage to use the internet so there's no way nobody can't use and know bitcoin. |
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Due to in demand of bitcoin I think $3000 dollars were easy to hit for bitcoin. Also holding bitcoin for the following price was good idea because I believe that bitcoin value were raised up.
Yes you are right that bitcoin will hit $3000 very easily because bitcoin is going day to day establishment in case of increasing investors so if the price of bitcoin is up and down never sell their bitcoin because in the becoming months its price will going to increasing and never goes to below so I also suggest that holding bitcoin when its price will not goes to $3000 . Yes I think everybody is anticipating tha $3000 per bitcoin. Hope after this constant decreasing we will see some made in heaven rate. So hold our bitcoin for the moment, have patience and trust segwit2x. |
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Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
Yeah as everybody says, just trade what you're able to lose. So I hope by this time you already stop in trading. You trade with much emotions without thinking what will be the circumstances. Stop before you end up in nothing. Or if you really wish to continue, i hope you learned from your mistakes. Like in everybend if the day, is it you that can decide my friend. |
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If you're a beginner trader, you have to learn the Basics of trading. First thing you should learn is to read charts. Chart patterns http://www.investopedia.com signal to traders that the price of a security is likely to move in one direction or another when the pattern is complete. I also took the time to show you how these relate to Bitcoin trading with the charting tools I use on Trading view www.tradingview.com. Yes in line with this, you can do some readings about trading. But as they all said, experience is the best teacher. So when you're trading and it doesn't went well, think first what is your mistake, accept that and learn from it and never repeat what you did. I'm sure, soon you'll become a good trader. |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
When you feel like losing, take a break, just inhale and exhale. Clear your mind from everything. Pick up your thoughts. Drink a glasss of water and ask yourself how far will you go. Is it enough or not. I think these are the ways in controlling your emotions. We all want to get at least some profit but the most important thing is never get panic. Calm yourself. |
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I'm planning to invest more and hold it for a year then when it'll get some profit I will open an offline business, just for back up.
Invest more and hold it for long term.
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Till now I haven't made a complete bitcoin. I have been making plans to hold all my earnings in bitcoin and other digital currencies. Hope this will help me get a single bitcoin in a short or long. I believe this might take more than a year as the only earning right now is through signature campaign.
Yes me too. Hope I can complete my btc sooner. I know its not easy and it will take years for that.  I don't have anything to advice you but I can say that it need some hard work to be a high rank here and more well experience in trading. These are all what it takes. Well goodluck to us dude. |
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Oh c'mon lets all be realistic here. Anybody here says bitcoin is not sound money for them? Just give me your btc though!  On a serious note, as long as it pays my bills, I can buy what I want and it support my living, bitcoin is sounds really money for me. Stop comparing btc vs. gold because they are a lot difference. Gold is tangible, btc is not. Maybe they are always being compared because of their high value in our society. |
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For exemple, I go to a coffee shop, I buy a coffee, then I pay with Bitcoin, we have to wait for a confirmation, no? or the merchant will just trust me if I show my wallet?
How can we be sure that it's not a double spent transaction or something else?
Yes it can be but not for now. Maybe some more years, when bitcoin is acknowledged all over the country. When all the merchants are accepting btc as payment. Of course there will be no long waiting for confirmed transaction, no need to show your phone just to make him believe that you already sent. No double spending. Oh I wish it will be happening sooner. But for now cash is the most convenient to use as ever. |
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Ultimately, the economic majority along with miners will decide where bitcoin should head. If UASF fails perhaps bitcoin would continue to be as it is now but we're likely seeing a SegWit activation either way. Hopefully no major chain split will occur because an "added value" scenario like ETC with ETH could me more damaging in bitcoin's case.
Activation of SegWit will improve or worsen the situation? Of course, it will improve the block chain. That's why segwit2x is here. Let's wait for the activation and put our hopes in positive way. And one thing is sure after August 1, bitcoin will be still on us. |
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For long term storage, please use offline paper wallet or hardware wallets. Paper wallet must be carefully generated though.
For daily/ frequent use, you can consider one of the mobile wallet- after all you do not bring your computer with you everywhere. Try breadwallet.
I think it's already cleared, based on the purpose and amount of bitcoin obviously. Small amount of bitcoin and daily transaction - choose online (mobile) wallet. Huge amount of bitcoin for long term savings - choose offline wallet. There are a lot of wallets out there, you can research by yourself or read https://99bitcoins.com/best-bitcoin-wallet-2015-bitcoin-wallets-comparison-review/Yeah simple as that. Always based on purpose like just why did you need a wallet. This answer is the most accurate so far. |
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