Recently I posted about fud, talks about bubble and all and I changed my opinion about the whole thing, to be honest now this looks like bubble to me. People went crazy, bitcoin wasn't created so people could sell all they have and buy bitcoins just to hold them There can be corrections right after this big surge and this can be the mechanism that can shield Bitcoin from becoming a big bubble. We are all expecting Bitcoin to be growing big but not in a way which can cause overheating. Things are happening all of a sudden that the market may not have the time to digest everything...too much of anything good maybe harmful in the long run as they say. The coming Bitcoin Futures to be implemented by CME can lead to more speculations and we should be bracing for greater volatility. Though the news are present specially from the announcemet from CME, there are no official agreement in terms of the biggest finacial market. Hope this is not a manipulation of market together with the media. Thinking of a a deep still a possibility in bitcoin. Such a big manipulation would be quite unlikely, and I am rather in favor of Bitcoin being pushed up by large investors. It may be true that people are getting more Bitcoins for the upcoming fork, or that more people started hearing about Bitcoin due to the rise in price, and the news have spread globally, which I am sure it did. This is like a positive feedback loop, people buy, price rises, news about Bitcoin prices rising spreads, more people buy. Perhaps thats whats going on, so this is pretty much self-driven.
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Since you are new here, I suggest you give out free vouch copies and build up a portfolio and reputation, like many others did. Designers here are very competitive and you need to have samples of your work to even attract viewers. Just take a look around the service sections, and check out their threads and designs, which may get you inspiration as well. And since you can provide other services too, you should add them to your thread title, or create a new one in the future. Best of luck!!
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$10000, in 10 years. I think this is a reasonable target, seeing how Bitcoin is growing now. I'll get more Bitcoins myself, and I feel it will even reach that under 10 years. Before it can reach $7000, there would most likely be a fall back to $5500 or less, just my speculation anyways. Lets just hold our Bitcoins tight and enjoy for now.
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Made a BUMP avatar!! The character on the left is Funghi, a cute little mushroom that I love. This image is available for use for your own threads as well, medium sized image here: https://image.prntscr.com/image/aRfIA4BUT7Ws1_dfcWSyKQ.png500px x 250px It is 100% digitally hand-drawn (quite ironic), so you can start to see the flaws when you zoom in though 120px x 60px Ready for Use
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A good buying price would be below $5500, best if below $5400. If you are new, I recommend buying $200 worth of BTC first, and then buy more when the price drops, or sell some when the price rises. For Bitcoin, you would have to trust your own judgement too, and only ask for feedback and advice to confirm it. I would say go with your gut feeling, and if your investment savings are very important, then I would spend less, and more carefully. Good luck!
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Is this PC and online? Or at cellphone but online?
Ah, sorry, I checked and it looks like BitPlay is down, my bad. As far as I know other Bitcoin earning apps pay out very low, and they have plenty of ads, but you can try this: https://play.google.com/store/apps/details?id=bitcoin.alien.run (Platform running game) All these apps require Internet too (to load ads^^) Tremorgames is on PC, but you should give it a go if you like games & BTC.
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I used to play these games, and they pay out really good, but now I am not so sure about the rewards. Check out games from BitPlay, you can check their website here: bitplay.todayThey have many different games and its a multiplayer game, so you can even play with your friends. If you want to play games on com, try TremorGames, which rewards you through many different games.
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Some win, some lose. If you are rich, you are ahead of others in the starting line, where you can invest more in Bitcoin. I'm sure that there are many investors out there that earned quite a fortune, and it wouldn't be surprising. What a bigger news would be is if Bitcoin suddenly plunged into nothingness and everyone loses everything. Well, we are trusting a coin that is virtual after all.
'What do you think will be the impact when the world’s wealthiest people become more educated about Bitcoin?' It may spoil Bitcoin's market, but may also promote it, and I am more confident of the latter. They earn, and we earn too, so why not?
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If you want to do it lawfully, no, it will not be completely anonymous. The moment you change it into fiat, they will have your credentials. The only way I can think of is that you find a group of people who are willing to buy it, and you meetup and exchange it for cash. Not completely anonymous in the sense that you are not sitting behind the screen, unknown to everyone. Like what he said^, just spend it online for completely anonymity. Even if you try to buy items with Bitcoin to resell, you may be questioned on how you got the goods and so.
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You are right, the only way that Bitcoin will die is if better technology comes out. We are always pursuing for better technology, faster transactions, improvements. Hashgraph may overthrow blockchain technology, and so we may all start switching to 'HashCoin'. Aye, who knows? Cryptos are 90% speculation, 10% unpredictable.
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When a new block is discovered, 25 BTC is awarded, and split up to everyone who has helped in the mining process. Because the difficulty of mining is so high right now, miners mine in a pool, so the rewards gets distributed accordingly to how much you contributed. On top of that, miners get paid with our transaction fees, which will increase when difficulty increases, for helping us verify the block. That's how they earn bitcoin from mining. Of course, if you can verify a block all by yourself, you can get 25BTC.
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Sad but it would be hard for the government to imposed tax to each transaction we will made, and to think that it would be a delicate process, monitoring everyone and each assets would be verified and be stated, i don't think it will woro that easily, as i prefer that so many people would complain and most importantly the bitcoins important asset will be no value if this kind of process happens, they were scared because they cannot emerge and control something that is my opinion why.
Partially understand this, but the thing is, some countries are starting to include tax in Bitcoin - in fact, many already have, like US, UK, Japan, and you can be charged for tax evasion if your profits in Bitcoin are not reported. Online registered companies dealing with Bitcoin can be easily tracked, no problem, but for those that are freelancing or trading for Bitcoin, it's more tricky. It is not impossible though, when you convert your Bitcoins to fiat, you will leave footprints, hence it is still traceable and Bitcoin is not completely non taxable. It is because the Governments cannot control your Bitcoins, which makes them fear it as now they would have less power, and their currency may even decrease in value in the future, which is the case in China.
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Yeah, the rates are about there, still increasing since demand for Bitcoin transactions have gone up. Yeah, I agree that the fees are unfair, which makes Bitcoin almost impossible for daily usage. I don't think its localbitcoin that 'loots', other sites like Coinbase also have high fees, and its inevitable. All we can hope for are off-chains transactions with zero fees when transferring from one account to another. I usually wait till I have a large amount of BTC to send compared to the fees to minimize my loss through fees.
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For now, I am 70% Bitcoin, <5% other cryptos. I'll look more into investing in stocks, shares and whatsoever, but right now I'm interested in BTC. Gold may become an investment for me in the future, however I find multiple investments harder to manage, so I try not to spread out and buy everywhere. As for altcoins, not so much. Looking towards ETH and Bitcoin Cash at the moment.
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I started a few years ago, on Cryptsy. Heard of Cryptsy? I started off with trading small amounts, and with altcoins that were considered more 'popular', like DogeCoin and MoonCoin. I do simple analysis on the trends, buy low, sell high, and earn quite a good amount myself. So I started to diversify, bought other coins, 42coins, Blackcoins, LTC, and many others. I ended up not monitoring the coins after some time and ended up losing way more than I previously earned, so I decided to just stick to one or 2 of my favorite coins/volatile (High risk high reward), and keep a close eye on it. I recommend the same if you are starting out. Get like XRP, ETH or LTC, go to Polo/Bittrex, deposit a bit and start trying for fun. Or, for starters, you can even just write down the amount you would buy and when you would sell, to see if you earn or lose before you deal with real cash. Good luck! You can try coins with high volumes, and stay away from those coins with low prices, but low volume. I know they say buy low, but those coins won't go anywhere but into void. (like mooncoin)
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I created an avatar for myself this time, bright colors and moving towards a digital art style, but still hand-drawn. If you want a fancy, cool-looking, rad, awesome, handmade with love avatar, just drop me a PM or request here and I will try my best. You can specify the color theme as well, if you like blue and cool colors, or something similar, bright red and warm colors, up to you. eXtr∑m∑ 108px x 80px, Free to use (sure, I don't mind) The price is what the thread says, appreciation is enough.
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But thats the exact same thing people said when the price was about the break the 2500$ barrier... It depends on how you want to see it, but Bitcoin is unpredictable, and for that you can never really say what would its ending price be. Bitcoin is still fairly new to some, so I believe there is still room for growth.
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I like this template actually, very clear cut and there are even multiple coins and tabs, well done. Looking forward to your updates, and like what @WGXtreme said, changing tweeter hashtags would be nice. I suggest adding a Google News tab instead, that shows up news articles about Bitcoin, which are more official and global. Other than that, maybe you can add in other (normal) currencies like YEN, EUR, AUD and so on. Good luck to the site!
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