Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.
Rather, Bitcoin appears to have value for the following reasons: It is popular.
In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.
Bitcoin is also used as a traditional currency. In addition to bitcoin's marginal boundary, bitcoin is the world's first algorithmic currency, bringing many advantages and benefits to investors. Traditional currency - inflation, devaluation, tax hikes, transaction hiccups, etc. Along with the Blockchain system, the explosion of the 4.0 carrier, has created the value of bitcoin. Bitcoin is only growing and spreading vigorously in 2017 which has made many nations afraid, bitcoin fears will be bubbles.
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Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries? And will it be in the future?
Bitcoin plays an important role in promoting the economy in international trade. These sectors of energy, food and raw materials thus benefit from this electronic currency. Many ecommerce companies China has joint ventures with US companies through the construction of blockchain systems for quality control. And countries that specialize in exporting goods, the application of bitcoin to the transaction will attract a lot of trading companies world, as it is now the era of technology 4.0
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
This is not a good time to buy Bitcoin. Recently its price has risen to $ 6k8 and its price is quite high compared to the downtrend of the market. I think Q3 is still the time when the altcoins are at the bottom. It still can not recover strongly and wait for a red of the market again. Bitcoin prices will fluctuate at $ 6k and that is a good time to buy Bitcoin.
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I think that it was really strange that in January when BTC went down all big cryptocurrency exchanges closed registration for new members and they opened it only when the price was low. Then at spring when the downtrend was broken(7000$) there were many news that cryptocurrency now will go up! But whales just made big shorts at 10 000 $and all the news said that cryptocurrency won't go up for along time and market went down to current position.
I think the market was really manipulated from the beginning. I joined the Crypto market at a time when Bitcoin's price was $ 20k and I thought this was an easily manipulated market. Its capitalization is quite small and it is often a good condition for the whale to manipulate. But anyway, they have to sell everything at high prices and the market is up again.
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Thank you for sharing the airdrop program for everyone. I am a young person and now I have a lot of time to do many things. I think your Airdrop programs are good and I will consider and join them. Hopefully in the future you will introduce more projects.
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Not financial advice, make decisions in a balanced way and don't risk big sumsHello! About QuarkChain a lot was written before the ICO In short this is one of the most promising new projects - a blockchain with great technology, team, and marketing Update: QuarkChain has announced that 9 projects will accept $QKC in their ICOs. https://twitter.com/Quark_Chain/status/1017065822513057793Now it is very attractive price. Why? Since the release of Binance, it has fallen, for example, by 80% (because the speculators sold the ICO coins), but the coin has been growing lately and the price has grown by 70% in BTC. This is connected with their test-net release. From the price of the ICO, it's about 6x (at the moment it was about 15x, I don't remember exactly). And now the most interestingThe nearest of its competitors - Zilliqua, in May had a capitalization of $1.4 Billion! The current capitalization of QuarkChain - $37 MillionThere you have the potential profits Timestamp the current price is 0.087938 USD / 0.00001375 BTC -
If you like the post, I'll be grateful for +merit it motivates me to write more. I read quite a lot about this project. I have personally owned 3 ETH to buy this project's tokens but I was not able to because of luck not coming to me. Some people have bought this token and they have made a profit with x5. I think this is a very good project and I will consider investing again.
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What does crypto mean to you - a means to a fast buck or a step into the future.
It means a lot to me. Although I'm not a technology lover, I feel great when I'm in the Crypto market. My salary has been raised many times when I am involved in this market. Bounty campaigns have helped me earn a lot of money from ICO projects. Currently I have enough money to pay my living expenses and buy a house.
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Eight months ago, my financial situation was not good at all, I work that way, My income was about 45 to 50 dollars in the month, I was disappointed with my income Than a friend of mine suggested me to work with cryptocurrency. But I had no idea about cryptocurrency. Gradually, I learned to understand a lot about cryptocurrency, cryptocurrency gave me success in life, Now my income is 800 to 1500 dollars per month. Now I am very happy and now I believe cryptocurrency may change the financial condition
right. I am currently a student and my salary is very low. One month I only earn $ 80. I think it's not enough for my tuition and living expenses, I decided to enter the Crypto market and it was a wise decision. My salary has increased to nearly $ 2k a month. that's great
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why is it ok for a group of people calling themselves the government to force everyone to buy their services? if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
I understand your point. But a country needs a good organization that controls the country. A country that needs leaders to grow. In my opinion, paying taxes is a very necessary thing for a better country. Most of the parks and charities come from your taxes.
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Hi guys. Out of curiosity, what are you earning with bounty campaigns? I think I'm somewhere near 1K USD/month, but I guess there have to be people here who are earning lots more. Kind regards EDIT: As many people do not believe these profits, I will explain how I make them. I focus on the translation campaigns (dutch). A translation pays +- 3 ETH on average. I have only started (only 1 translation has been paid, I received +-2 ETH), but as I can make up to 3 translations/month (currently working on 2 more), this would get me 9 ETH/month. As not every project is succesful, let's say I will receive 4,5 ETH/month. Do not focus on signature campaigns or social media campaigns, these are the crumbs (especially for members with lower ranks) while translation campaigns are probably the bread. I use the Bountyhive platform to manage my bounty participations, this platform makes it possible to be enrolled in 10 campaigns at the same time, without having to report. I make a lot of money in bounty campaigns. I think it is a great campaign for those who do not have much money to invest. It gives people the opportunity to make money and invest to make a profit every day. My life has changed due to the bounty campaign. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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is it possible to trading without capital? Without capital here means without money that come out from your pocket as capital. If possible, i want to learn from very small thing in trading, yes without money on my pocket or my bank account.
that's possible. First you need to participate in some bounty campaigns. You make a few projects, then you will have a certain amount of money to start the investment. I have been in the Crypto market for 8 months and I have earned over $ 10k. I am using that money to trade and make a profit every day. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Globalization was told for a very long time. Probably, this will be a new stage in the development of our civilization. This is a new form of human interaction. Perhaps the whole world will be without defenders and borders, without taxes and barriers. Bitcoin will take in such a world a worthy place of the world currency. Developing new technologies will help create a more developed society where there are not very magazine and very poor. Regulation will occupy cars, they are not expensive for the corrupt. We need a new world, it is perhaps a new and unified religion, which will affect all of humanity ... no longer warms, humanity can be really civilized. What do you think all about it? Maybe Bitcoin is part of the globalization plan?
The problem you're talking about is really great, but it's a distant future. The whole world can not be changed and merged into a common society, which takes a long time, even if it can last for hundreds of years. But anyway, I still like your opinion. I want a world where all people do not discriminate, we are the same in everything. It is a very wonderful society.
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I think yes. Because banks do not pay much attention to electronic money, they only pay attention to the blockchain technology of the altcoin. They will look at the fundamentals of the altcoin better, from which they will come up with reasonable policies to cooperate with that altcoin. We are investors, so we do not need to look at Blockchain, we just care about its price.
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Did you think Cryptocurrencies are going through a healthy market correction after a historic bull trend or Bitcoin is the market leader, it holds the majority of the entire crypto markets capital, (fluctuating between 4060% usually). So when Bitcoin goes down, most coins go down with it??? right. But this is really a difficult problem. Because Bitcoin really does not relate to thousands of other altcoins on the market, they all fall by bitcoin. It seems like this is a characteristic of the Crypto market and we can not change it. We can only use it to make a profit in buying low and selling high.
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Im currently invested heavily into bitcoin, waves, and shift.
what are 3 good altcoins to look into that will see great return within the next 3-6 months.
I have some other better altcoin and would recommend it to you. NEO and EOS are two great altcoins in the future. Its price will rise sharply in Q2 2019. Because 2018 is not a successful year for Cryptocurrency, 2019 will bring the potential altcoins back to its real value. EOS and NEO will increase more than 400% compared to current prices.
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Should I invest in cryptocurrency and ICOs?
If you have a lot of capital, you can invest in it to make a profit. You have to have enough experience before any real deal. Because the Crypto market is so confusing and unpredictable, if you do not have enough experience, you will lose a lot of your money. I made a mistake and I advise you to learn about investing before commencing trading in this market.
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Every other time we see a coin get pumped badly on binance, recently being the case of sys coin. My question is, Should we take part in such pumps ? How much risks it involves? How long should we hold that coin?
I think you should not be involved in such pumps. It's a lot of risk to you. because the money is not easy to earn. If you are greedy, you can enjoy big profits from that pump or you will lose everything if the pump fails. I think you should choose a safer option than a risky one.
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More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you dont have a plan for dealing with cryptocurrencies. Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.
That's a pretty impressive number, but the number of people using Bitcoin to pay is pretty low. Because the price of bitcoin is always fluctuating. People will not want to keep such a risky money. Therefore, Bitcoin payment is just a new payment method and does not have too much benefit from it.
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in a very simple way. Please wait and invest in other altcoins to get back the money you lost when investing in Bitcoin. We absolutely should not sell Bitcoin when the market falls. That was a wrong decision. Professional investors never get panic when their portfolio loses. Learn from them valuable experience.
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Hey guys,
lets make it short: 1) yes bitcoin is the future and the price will increase on the long run, but: 2) we are currently obv. bubbling (what is not happening the first time).
So my question is - do you sell now in order to get a cheaper entry soon?
I think you guys agree that there has to be a price correction in the nearer future...
Thanks for your input!
Selling at the present time is not a good idea. Because the price of Bitcoin has been greatly reduced by the influence of the politics of developed countries in the world. It's only at low price for a short time and I guarantee it will soon rebound at $ 12k in Q4. So I think you should buy Bitcoin at the bottom right now to get more profit.
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