Bitcoin will still be the unbeatable coin ever and no one can replace it, in spite there are many coins arising and seem promising but still those coin can only be valuable through bitcoin and when bitcoin fall those coins will also suffer and come to nothing but when bitcoin continue to rise in its value in the market everyone get benefited.
You should remove the word ever because bitcoin is beatable but as of now, it is not yet but just imagine through the years that bitcoin's technology will gets old and that is why the chance for bitcoin to become beatable is slowly going up because a lot of new technologies are popping in the market right now and soon we will see better coins than bitcoin that will replace it.
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for now I do not have many items to sell and then converted into bitcoin, now I'm looking for bitcoin by following the existing bounty. from there I can collect bitcoins bit by bit. if I had a valuable item, what I would do is sell some of my things and then exchange them with bitcoin because I see now is a good time to buy bitcoin. look at the bitcoin price down, and expect the bitcoin to rise again.
That is a great way to collect some bitcoin but for me, you should just stick to those cryptocurrencies that you are getting from the bounties because it has a high potential in the future that its price might go up very high that you will earn a lot of income based on its bitcoin value so that is why, you just stick to them and sell your tokens when the price is really high so you can get more bitcoins.
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Through the years of being a bitcoin user, the fast changes in the price of bitcoin is the only thing that i think that is a common challenges because you can lose hope and just quit in doing bitcoin because of the volatility that might piss you off since you can really lose money because of that. Just like what is happening for the past few days that the price of bitcoin dump so hard and the other people already lose some of their money by panic selling.
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If you want to invest in bitcoin but you don't want to do mining then you can just directly buy bitcoin from the market and that is how you can get started in investing your money into bitcoin and you can also do trading which is better than mining and still can give you profits and the best part is, you can earn your potential whole month profit in mining on trading in just a few days.
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It is not predictable so we cannot say if how long will bitcoin exist in the internet because if that is possible then a lot of people will know about it and they will just do their best to enjoy and get the maximum potential profit that they can get in bitcoin so the only thing that we can do is to do our best right now and don't be greedy in spending or using bitcoin to avoid mistakes.
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If you are aiming for long term investment and also possible huge profits for the next few years then i think that you are not late to buy bitcoin because the price of bitcoin right now is so cheap and it is really cheaper compare to the price of bitcoin before so if you really wanted to start your investment in bitcoin then it is not too late to buy, so just do it.
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It is better to be late than never, we should keep that in our mind. We should not focus on the time that we get in and instead of focusing to that thing, we should focus to the future scenarios that might happen. As a beginner, you should be positive and stay with that and don't try to compare yourself to other people because that is when then negativity will scare you.
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Satoshi Nakamoto is the creator of bitcoin and he is the reason why we have a source of income like this that is very high paying and it is very profitable over the time if we used to save our bitcoin and keep them for long term because the price of bitcoin keeps on moving up every year and it never fail to surprise us for the percentage of gains that we got.
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The only thing that the drives the price of bitcoin to increase is the demand from the people that are now moving in the market. That is the main reason for me and the only thing that makes the bitcoin increase. The popularity of bitcoin is getting bigger and bitcoin is now very well known so the increase in demand and also a huge increase in bitcoin is not a surprise for me.
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Bitcoin and the government is not that close to each other because bitcoin is against centralization because it has a decentralization feature and the government doesn't want that decentralization because they want to get control of the bitcoin and other cryptocurrencies and they are trying to control it by implementing regulation so we cannot really say about this two if they will be together or nah.
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You can get started in bitcoin by preparing all the things that you need like your own bitcoin wallet and also your potential money that will be put in bitcoin as an investment. Before you buy some bitcoin and put your hard earned money into that, it will be better if you will study first so you will be well prepared for the things and scenarios that might happen or you might encountered.
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Bitcoin will not die in the next years because bitcoin is keep on upgrading and developing itself over the years so the chance for itself to die is not really possible so why we should worry for the life of bitcoin if we are seeing a good progress from bitcoin from these past few years and it is not enough to base the life of bitcoin on the current events that we are experiencing.
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What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion. If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
If a friend of mine will asked me what is bitcoin about I answered them directly that it is sort of income and money in digital form ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , so they will be all ears listening to me but what is really hard when everything seems to be complicated because lots of questions will follow so sometimes I just don't want to answer them and just like you OP i'll just told them to google it. It is better and probably the best way to explain bitcoin if you will tell them what is the real meaning of bitcoin and why it is existing and what are the things that we can benefit from bitcoin and that is when you will be telling him that bitcoin is a good source of income and it can be done through online only because it is a virtual money.
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A pure manipulation and creating a FUD for the people to think that bitcoin and other cryptocurrencies are not good anymore because they are getting ban from the social media called twitter so there will be a thinking for the newbies and other investors or holders that they will just sell it and that is the time when the whales and the manipulators buy bitcoins.
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trading can provide faster profits but high risk .. if the mining profits are very much in terms of income, but the time is needed long enough. if I suggest you do better mining
If you don't want the high risk but still want to make profit in the long run then it is better for you to stick with mining but if you have the determination to learn and also the patience to wait for the market to change its trend then it will be such an advantage for you to just do trading because it is much better and also it has a faster way to achieve profits compare to mining which is slow and not really profitable.
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I don't imagine this type of thing that a homeless person will use bitcoin because how he can afford the device that he need to use in order to do his thing properly and how he can afford to get the internet connection which is a very required thing in order to get accessed in bitcoin and to get the full benefit of bitcoin.
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For the next few months, I think that the price of bitcoin will continue to go down and after at least 3 years, the price of bitcoin will be seating at least of the price of 50,000 USD and that is the time where people are really focusing to the technology of the cryptocurrencies and that is when the people are really happy for the cryptocurrencies as being well known.
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What is the safest way to keep bitcoins. Taken dangers like hacking, losing in to account!
The offline wallet is also known as 'hardware wallet' such as ledger or trezor wallet The hardware wallet is known as the best and most secure bitcoin and altcoins wallet cause they offline and the private key is saved within the wallet. Offline wallet is not always known as ledger or trezor wallet because there is a type of offline wallet which doesn't cost too much and you can have that instantly from your home and that is the paper wallet and that is what you need in order keep your coins in a very safest way but also the cheapest way because you just need to print it as a high quality and laminate it and then send your coins there.
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The advantages of bitcoin for me, is i can work from home because i don't need to go out and to be stressed out from the traffic and also from my boss voice because i can be my own boss and i can easily manage my time to what i want and i don't need to waste most of my energy for the day to complete a work because i can just seat and work in my home.
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If bitcoin will become legal in all countries then it will be the best day for all of the bitcoin users for sure and also from the other cryptocurrencies because they will just convert their cryptocurrencies to bitcoin and use it to the countries that they are currently living it so they will be spending it like the fiat and it will surely make the price to the top because of the massive demand.
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