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They are not 100% afraid of bitcoin they are just hesitating to get into bitcoin because they know that the risk are too high because of the volatility in the market that can either make you rich or make you a pure broke person which is not a good thing to imagine. Bitcoin is a good opportunity to others and we should help those afraid people to realize that bitcoin is still one of the best opportunity despite of its volatility.
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I think the biggest problem is that bitcoin is technically not up to date. The block size is to small. You see in the past what happends when the are a lot of transaction. The whole network is so slow and you cant use bitcoin anymore to transfer because it take to much time. Trading is impossible, and without trading, the biggest part of the use for bitcoin falls away. So the community has to do something that bitcoin can keep up in the future with other coins.
I agree to that. The network of bitcoin is not that big like the other cryptocurrencies to have a smooth transaction and that is why a lot of people are not that interested to use bitcoin as a mode of payment because they know that they will not be able to do a good transaction if the network of bitcoin cannot handle a lot of transaction or in short, congested. |
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This is true and the best way to make a good decision is to buying coins when the market is red because you can grab cheaper rates of coins when the market is red and that is when you will be having a good position in trading, if you are trader and you will just sell when the price of the coin that you bought is moving up at least 10%.
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As long as the price of bitcoin is not going up more than 10,000 USD then it is a good opportunity for me to buy some bitcoin. I am doing regular buying in bitcoin called cost averaging which is an effective strategy for long term investors who want to get into the market but still want to be safe and minimize the risk.
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There is possibility that in the future we can just travel around the world with just bitcoin because there is some few airlines that accept bitcoin as a mode of payment in their plane ticket and the only thing that we should be worry about is the thing after riding the plane because we need to buy things and find a home to stay and not all the stores and hotels are accepting bitcoin so it is still on the pending status for us before we can travel around.
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Now the crypto-currencies are only evolving, and in order to use them properly, one must learn and understand this field. But in the future, the use of crypto currency will be easier, and it will be easily used by anyone and everywhere!
I think that even now, it is easy to use the cryptocurrencies and it is applicable for the people who have knowledge and interest about cryptocurrencies because you cannot use any of the cryptocurrencies if you don't have knowledge or will to learn how to use it so i think that bitcoin is for overall types of person. |
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Now you can hear many information about Bitcoin in many ways, I mean it's not like before when Bitcoin not famous like now.
That is true because a lot of people are promoting cryptocurrencies and they are using social media as their first place to promote bitcoin because they know where is the most crowded place for the people and it is a good place also because the connection to other people is fast because once you posted something then it is like a lightning speed for them to see it. |
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
as we know that bitcoin prices are fluctuating and difficult to predict so if bitcoin prices sometimes rise or fall they are normal, but I'm sure bitcoin will not end but will continue to exist and grow The price of bitcoin is growing again from the dump in the market and it is more than 8 years but bitcoin is still here in our world and still existing and still the top 1 in the market and that is a strong indication for me to think that it will not end and it will continue to be here to be the king and to still rule the whole cryptocurrency market. |
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People want bitcoin because they know that there is money behind bitcoin and they know that there is also potential for bitcoin to make people rich because of the volatility in the market that can make the price goes up to 5 folds in just a year which is a very fantastic potential gain from your assets so they are all getting crazy just to get bitcoins.
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
A lot of countries dont like to give away power. They also try to protect their citizens from scams. Thats what happening in china. They analysed 16 ICO projects there and all 16 underdelivered. So they are going via the regulation route before they allow it again. There are a lot of ways for the people to scam and they are using bitcoin and the name of cryptocurrencies to scam people and that is the reason for the government to doubt cryptocurrencies because they know that it is hard to trust bitcoin and other cryptocurrencies because of the decentralized system. |
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How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?
Well, in fact, I have been doing this for more than six months. So far I do not need to show my investments and sell my crypto-currencies and they do show good results.  Holding cryptocurrencies is one of the best way to make good results in the field of crypto because you will not miss if the price of bitcoin goes up to 60,000 or even more because you are holding and you can sell it or not depending on what you want so it is best to have a savings in bitcoin and also grow it by trying other profitable ways. |
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That is very sad and why I have not invested anything I cannot afford to lose and if the value of my crypto sky rocketed and then dropped I wouldn't see it as losing alot of money as I never actually had that sum in the first place
Even though you invested more money than you can afford to lose then you still need to understand and study the risks of your investment because i think that he did suicide because of the losses that he cannot accept and that is why it is best to study about it first and do a lot of research before putting any money into virtual currencies. |
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Bitcoin cannot be zero because we all have a lot back ups from the community that can support the price of bitcoin and i think that bitcoin can grow into a price that has five zeros and not become zero. Bitcoin has a great technology that everyone can use to develop their own idea into more secured and decentralized way. Bitcoin is the future and it doesn't have any chance for the price to just become zero.
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Ya, in my country bitcoin can converted to cash because in my country bitcoin cannot used as a means of payment, bitcoin only limited to the commodity should not be considered a currency because if you think it as currency is illegal in my country and there are legal sanctions
That is almost the same thing that is going on the other part of the world because bitcoin is still not considered as a payment or even a currency because they are seeing risks with bitcoin and one of them is the volatility that is not enough for the investors to feel comfortable specially those people who used to invest in stock market. |
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I think it could be bitcoin will reach $50K but don't know when, because seeing last year's very high rise in price, I own long-term invest some bitcoin, because I'm sure bitcoin will rise high again sometime in the future even though this year does not rise high
Give bitcoin at least 2 years and i am sure that you will be seeing that price because the price of bitcoin can go up very high and also fast which is the reason for me to just get into bitcoin because i am really amazed about the profitability of bitcoin in terms of investing and also from trading that you can make easy bucks with it. |
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I think that investing in everything is risky especially bitcoin. Don’t take anyone’s advice about what will happen with the currency. Personally I believe we are just starting, just my own opinion and you shouldn’t consider that as investment advice as well. I think Never invest more than you are able to lose – Bitcoin is a very risky investment and you should keep in that in mind at all times. especially the price Bitcoin is still going down this time.  Should we already know that investing in bitcoin should be risky and with bitcoin prices now I think is a good time if you want to start investing in Bitcoin and bitcoin prices will definitely go back up It is indeed risky to invest in bitcoin but if you know what are the things that you can do in order to minimize the risk then it will be easy for you to have a good decision if you will really invest in bitcoin and since we are seeing low price in bitcoin then it is a good entry for long term investors because they can make at least a 100% return for their investment this year. |
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Good day as I am new to the crypto world What is really the way to make $ in in crypto ? such as Bitcoin or other coins?
I understand as i have some invested. in my wallets the values go up and down, so you can cash out or sell when value up?
do you just buy and sell currency as the markets move up and down? or what other ways to make $ with crypto?
do you transfer bitcoin over to other websites etc?
or what should i be focusing on? thanks
just like to know what all the experts do?
there are many methods you can do to earn profits in crypto. the most important you should always look for various knowledge that can make you understand. I'm not saying I'm an expert, I'm just like you. but I always try to focus more on knowledge, especially about trading. so I guess, we can while learning and make lots of plans and strategies. Knowledge is a very important and i agree to you that like you, we should focus more on knowledge in order to make ourselves knowledgeable into different things where you will not be able to fool by others because you know what are the things that are true. There is a saying that i read last night that says, the more your learn, the more you have a chance to earn. |
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Even if anything negative happens to bitcoin, it will not reach its ending point. Many people will still insist and demand for it even though its value decreases because they know that further in the future, it will rise again, maybe a bit higher. Bitcoin is in its down position now, but I believe that it will regain its value in the near future and for me, bitcoin is still pumping.
The bitcoin has a very bright future and there is no doubt that bitcoin will be changing how we live and that is the reason for me for bitcoin to not end because bitcoin is the mother of all cryptocurrencies in the market and without bitcoin then there will be no altcoin that will be born because they just stole their idea with bitcoin. |
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If bitcoin is banned then don't think about it because it is still changeable and as they are seeing that bitcoin is getting some good range of progress then they will just remove the ban for bitcoin and accept it again because bitcoin is unstoppable even though there is a lot of FUDs and bad news about bitcoin because it will still go up and fight the FUDs.
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Yes this is the tight time to buy bitcoin because you can see that the price of bitcoin is too far from the recent price from the last few months and if you want a safer position to enter this market then buy at the support zone based on the chart and just sell at the resistance if you want to be safe and also create good amount of profit but if you want bigger profit then hodl.
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