Transparent as well as volatile, scarce and publicly accessible to watch all the activities in the bitcoin network. You can have bitcoins by a process called mining doing heavy computational works with mining machines. Anyone can accept bitcoin as a currency unless they are short minded and are slaves to the fiat masters.
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A few thousands of new comers into crypto, some new services accepting bitcoin as a currency and a price ranging from $800 to $1400. Yup I know that's crazy but we only can wait and see.
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Nothing there worth investing your bitcoins except bitcoin itself! all you need to do is to buy some and hold and sell when price is profitable for you to sell but not all your coins, always keep at least 10 bitcoins for 10 or 20 years. Nothing to worried about if bitcoin crashes because that is almost impossible.
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Sometimes you think it's the time to buy and you hesitate but later on you'll see that you should've bought and regret why you didn't. I think buying bitcoins for long term holding in unused addresses at any given price as long as it's the market price is a good and wise choice.
Lets face it, we all know and believe bitcoin will someday for sure hits $5000+ but we just stall and have our doubts but when price was $750 I bet you wanted to buy as much as you could but now you are crying for not doing that and now that price drops under $1000 you buying, well you can wait for another opportunity to buy in at $800 and below, think again.
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If you are a hacker and are good at your job then you should know what bitcoin really is and try to steal any amount of bitcoin in any exchanges or wallets for that matter all at once and hold for future ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . I don't know why people panic when they hear "hack" stop keeping your coins if large amounts in online wallets and exchanges how many times people said it already? of course many employees easily give in to greed and want to have a rolling in coins ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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In fact, it all depends on market expectations. Maybe the average expectation is upon a resolution of all questions, with an "X" probability. If it proves right, bitcoin price may surge much more, to some thousands of dollars. If it proves wrong, then it might go back the $200 and below, as better alternatives (other cryptocurrencies) emerge. The scenario here is very uncertain.
Other cryptocurrencies such as? where is this back to $200 comes from that I keep seeing today? bitcoin should care about people and investors not the other way, but to this date it has because if it didn't then we wouldn't be here bitcoin is doing so many things for us but there are many people only focusing on their own gains and never cared what happens in the long run, I wouldn't lose faith in bitcoin if it drops not as long as profit can be made from mining and running nodes since without them there will be no bitcoin.
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When it comes to trading, gambling, investing, something people tend to ignore or maybe forget is the risks involving those areas. So if you are willing to take the risks and are prepare to lose your money then I think the best of the 3 options would be trading. You need to stop thinking about "investing" unless you could find a big casino and invest only there, however they could easily claim that your funds were won by players.
And gambling, well it's just gambling and you either win or lose if you could find a casino providing 50-50 odds though.
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Already more than enough people supporting bitcoin, and the price will always remain profitable for large miners, so I doubt we could ever see prices below $500. what is most important for me other than price is the stability of the network and even more important is the transactions time and confirmations time.
I want a network where any transactions with fees get in blocks less than 20 minutes and I think many people want the same thing as the price growth will set in eventually.
More than enough people supporting bitcoin? The amount of people who currently use bitcoin is only a drop in the bucket of the amount of people that I hope will one day use it! What I meant was the people currently in support of bitcoin will never allow the market to crash, there will be always a large group of supporters and worrying about the network to crash is not necessary. Bitcoin mining also remains profitable and that is a well established fact as for the last 4 years you can't find anyone mining bitcoin in loss.
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We need at least an authority because I think only the jungles on earth are decentralized ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) , lets imagine a centralized bitcoin, now what does that mean for the bitcoin community? can we still buy and sell stuff with it? do we need to pay much higher fees? do we need to pay taxes somehow? Do you think people controlling bitcoin want those things? you think they want a successful bitcoin or a failed one?
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Already more than enough people supporting bitcoin, and the price will always remain profitable for large miners, so I doubt we could ever see prices below $500. what is most important for me other than price is the stability of the network and even more important is the transactions time and confirmations time.
I want a network where any transactions with fees get in blocks less than 20 minutes and I think many people want the same thing as the price growth will set in eventually.
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I like option 2 more as for online casinos are not easily predictable and you could just lose a big amount with one click ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . But if you try option 2 you can try to recover with changing bets regularly, my self never could win as a daily incopme in gambling but only a few times I was lucky and won something rather decent but when later I got back for more wins I ended up losing even more:(.
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I think the lower price will cause panic selling and lower the price more as usual, i think it will trend down back to the $700 region within the next week or so, hopefully im wrong and the price will jump back and peak again
i don't think it will go down in $700 region that is too much unless there are some big issues in bitcoin like the mtgox in the past where it is the reason why btc price went down to around $200 AFAIK. with the current movement and without major issues i only think around $900 floor price this time and will continue to spike in the next few weeks. You know why price dropped to $200 back then? because difficulty wasn't as today, now the price will only drop to $650 if something like mtgox or whatever happens, but now with a new investors and mining farms you should hope for $900 and $980 in 2017.
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I thought we have more time until price drops hard but seems like I thought wrong ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) and I think we all knew this will happen sooner or later and the new year had a big part for price to increase insanely, what we can do and should do is to remain calm in this situation. $945 now.
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So did the bubble popped already? price showing in blockchain.info at this very same time is $957 and transactions not being confirmed for 3 hours now, if the market is correcting itself then I'd suggest to stay idle for now.
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Did you know that knowledge is not just given to individuals selectively but it moves just like clouds around the planet, one can tap into it when passing their location and others can do it as well some where else and the person who acts first and puts it in work is always remembered as the ONE. Many other people might have'd the same ideas but "Satoshi" was the one doing it the way that he did.
All the greatest inventions of all times are the product of the one who made the loudest noise about it, like electricity Edison and Tesla or telephone Bell and some woman which no one even knows her name or just a few people do, she invented telephone but Bell was the first to introduce it to the world widely and loudly.
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I can assure you that as the hackers get smarter and having access to stronger hardware and software the same thing can be said about big companies doing daily businesses and trades with large amounts of bitcoins. Something every one should know is the fact that all these hacks beside of an inside job involvement, they have nothing to do with bitcoin's security and blockchain safety and bitcoin is only there because no banks securing them by insurance and no government agency would care to take action legally unless they are regulated but even so strength of blockchain and bitcoin protocol is so almighty that once bitcoins are stolen even knowing their place and watching over the addresses containing the stolen coins they can not do anything about it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Most of them are Sunni which being one means that they are not following their prophet's advises as he has said : anyone respect and believe in me and my God and acknowledges that I was sent by Him to guide you then should follow my son in law believe and respect him, but you know what they did? they killed his daughter and his son in law with the rest of their families. Such respect and many followers and believers right? so do you really expect those following the same people that killed their prophet's family and descendants, not to kill innocent(modern) and normal people?
Or maybe US government should stop putting nose in every country's affairs?
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I know there are plenty of doubling ponzi sites but If it was a new site I might gamble for a small amount of bitcoins as I might get rewarded for being among the early birds
Will you send some small amount right now if I give you my address and promise to double it? don't think so, better yet to stop being an idiot and stop encouraging other people to take part in stealing money from unsuspected newbies to crypto, early birds my ass. If anyone could magically double any amount of money with zero risk involved and in a short period of time, they'd be the kings and queens of this world after just 2 years, so basically only an idiot would truly and naively believe such claims.
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Here is the truth that might cause pain in many people's butt ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) we all know and are aware of it that bitcoin worth $0 though if there is actually something called $0 lol, but we don't care we are not forced to use and love bitcoin, we are here on our own free will but you and every one else feeling they are wasting their time and money you all are free to leave as we all are. So zero or a grand worth of bitcoin, I personally will continue to use and love it.
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in my opinion bitcoin has competition. Other crypto like litecoin, rubies, eth , moon etc getting popularity nowadays. Bitcoin grow so high because so many service using bitcoin, even some ransomware decryptor need to paid with bitcoin. that why bitcoin more famous than other alt-coin.
I keep seeing and hearing many jokes similar to these ones above nowadays ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) moon rubies just lol, litecoin might be a right choice to try for a quick buck but competing with bitcoin? please stop dreaming and start to think how will you be able to wake up. Crypto is now out in the open, so people should really see other coins potentials faster than before right? now take a look at top 10 marketcap and tell me if you found a +$50 coin.
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