We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
You should spend time in bitcoins because it helps you to have more income rather than working in the corporate world and just earn a small amount of salary. Yes I agree on that, if we spend time to those things that can't help us on our financial problem why not spend time to bitcoin, I believe that bitcoin is really a great big help to our financial problem so there is no harm on spending time on it. We beedbto spend time on bitcoin for us to gain a huge amount of profit. |
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Everybody has a remark about bitcoin whether it's great or terrible, and for me for the most part is great you can send cash whenever you need without the agent (banks)
also, low expenses or free and last is the speculation, the main terrible thing about that I can state is the point at which somebody hacked your record and you can never again get it back.
however, it will assist you with being more dependable about your record.
What is the great and the awful thing you can say in regards to bitcoin??
Personally, I think both of the good and the bad of bitcoin lies at the same point, its volatility. Bitcoin is so volatile and that makes it change its price frequently and sometimes the difference is very noticeable. Sometimes it can be great and sometimes it can be very bad depending on the situation. Bitcoin is really good to those who have a big patience to wait they can maybe gain on it. And I believe that it is bad to those who don't have patience they can maybe loss on it. There is no bad thing about bitcoin but if we don't have patience we can really think thaat it is bad because we can lose on it due to its unstable price. |
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The falling market is earned by those who are familiar with margin trading, and those who have a good intuition to understand at what point it is necessary to open a short position.
Well we can still gain on the fall of the market through buying and selling but it is only few profit. I think the best thing to do is to buy more now and have patience on waiting for the right price to sell. We only need to have patience even if we can't gain today but we have big chance to earn in the near future. |
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I will not hesitate to invest in bitcoin, because one of the platforms for me to get a good digital currency that we hold for a long time.
Everyone has its own doubt regarding to the unstable volume or maybe value of any other crypto coin on the crypto feild. So then I believe that if we are going to say bitcoin investment we can really say that everyone has a doubt, becaus nobody wanted to earn and no one wanted to lose on this feild. |
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Its not dead at all. You can transfer crypto and make payments, exchange it amd etc. Its still have a value and cureent price. I would say its not good time for crypto)
Yes it is not dead, crypto is only experiencing a huge dip maybe because of some negative issue that the bitcoin is facing every now and then. It is now a new opportunity to buy more and earn in the near future for good. Because if we don't grab this opportunity of buying maybe time will come that we can't afford to buy it. |
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When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy% I don't really spend much of my Bitcoin , because I am always in fear. I am not talking about cashing out , but for digital goods. How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more. How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency I don't know how to make a poll here , so :- http://strawpoll.me/1793917This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received. Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency. EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so. I feel comfortable if I earn more money here on bitcoin. Also if the government allow the bitcoin in our country and the government allow the bitcoin to include on the academics on all college school because the bitcoin can help our economy to grow. It will be great power of bitcoin if our government will allow us to use bitcoin like this, it is now digital age where all of us are in need of such developments, we should invest the more we have and get to use bitcoin for all kind of good that we can buy through bitcoin, in my country people are now living peaceful life because they have got the chance of earning and learning while using bitcoin, it is so easy and reliable to use bitcoin. Bitcoin is volatile as its price is unstable so we are to connect with market every time in order to get updated with every single news especially the price ups and downs so as to make relevant decisions on time. But we can handle these situations as we have to do something in order to get the huge profit we can get from here. However for this the only solution to make things comfortable for us is possible if the number of participants in the market increases. People well become comfortable on using bitcoin when it will become legalized by all government or maybe countrys. Bitcoin high volatility is a normal thing and we dont need to be afraid on it because it is really normal and we already experience it may times before. But is we talk about comfort many people will now still not comfortable on using bitcoin the redoubt is always there. |
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I think that active trading on bitcoin is not possible now. With current commissions and volatility, it has become impossible to trade and therefore long-term investments are better.
I think we really need to have more bitcoin on this dip. We need to invest on it because we can really gain on it when the price rise up high in the near future, the bitcoin today is down so it is now a big opportunity for us to buy more and hold so then I believe that investing is now more amazing. |
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There is no assurance but there are possibilities specially if the worldwide mass adaption will happen. Right now, regulations and securities are the focus of the government before they start the adaption. Crytocurrency really have a bright future.
Yes I also believe that there is no assurance about the price. Everything in crypto is unstable and we cannot really predict what will happen into it in the next 24 hours or maybe a week or a month. If we are going to put a basis regarding on the present price. Maybe we can beleive that it will reach 100k usd in the next few years. |
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There is no doubt that bitcoin is facing certain challenges. Challenges that is bringing about doubts in the minds of individuals, which is making them seek answers on whether it will survive or not. The only way i see bitcoin surviving, is when individuals keep using it, because when they stop, it automatically would bring the end of it.
Yes I agree on that, bitcoin will surely survive and I believe that in the near future bitcoin is still become the very big thing in crypto feild. The bitcoin is really surviving today. And in the near future it will still dominate the crypto market. And with regards to its price i believe that it will soon rise. |
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With the current market downturn certainly the most fundamental thing is to move our assets to other investment tools such as fiat and gold because the risk we receive is very small and our money will not decrease in large numbers but don't forget what happened to Crypto even though many moved their assets but if we don't make a purchase when Crypto's price is below that level it will be very loss because we all often find unnatural prices on Crypto so that such moments are worth following.
With any investment that has a high percentage of gain also has a high percentage of loss. Crypto isn't for the faint in heart. I think the probability of high returns is why people still invest in Crypto. Especially those that don't care about the technology, just the profits they're going to make. You're quite right mate, thats why still many people invest in cryptos it because of the high profits they could might earn with this ,but they didn't think about the risk they would take it. To minimize those losses they must diversify their portfolio to have more chances of earning profits as well. I agree on that crypto is really a profitable investment, and we need to invest crypto on crypto market for safety purpose. Because if we are going to buy direct to the holder maybe we can get scammed. So we need to buy it on the market through some trusted and maybe proven and tested exchamge. |
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I still believe in Ethereum. Consider this low price as a blessing because you will be able to buy Ethereum at a cheap price.  Almost all crypto lovers still believe in eth. I believe that eth will really rise soon when the bitcoin start rising maybe it will also rise. So then we need to make sense of it. We need to make a good preparation regarding to the up coming bull run. I believe that buying more on this dip is the key to get a huge amointvof profit in the near future. So then let's make a good decision for us to earn and we also need to have more patience on it. |
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Do you think bounty hunters are a job in your spare time, additional income or is it the main job and the main income of people?
As for me, bounty is only additional income. But I participate only in one program at once. Many people earn on bounties much more, than on regular job and for them it's really full time job. For me bounty hunting is also a job. It is considered a job because we need to work hard for it in order for us to gain a huge amount of profit. It is a job because of we don't work or reach the work limit we are not going to be eligible to gain a corresponding tokens. So I believe that this bounty hunting is also a job. |
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I think a profitable purchase, everything went too far with bitcoins, and probably will go further, developing cryptocurrency increases itself in the world, and the cryptocurrency market looks better.
Selling car for bitcoin is not a good idea, butcis you have many cars you can sell one and purchase bitcoin, because i believe that bitcoin has really a great return of profit from our investment if the price rise up high in the near future, but for now bitcoin is really dropping and we need to wait for the rising of its price. |
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Cryptocurrency is not difficult to understand for the people who have basic education. However, it can be extremely difficult for people with little or no education. In some third world countries, a very good percentage of the populace can't yet handle fiat currency properly. How will these kind of people understand cryptocurrency?
At first crypto currency is really hard to understand because everyone has no idea about it and how this things exist. I believe that crypto currency is not that easy to understand specially to those who are new in the crypto feild. And I believe that we all experience as a newbie on this feild. But we can slowly get some idea on it and slowly we can learn on how to gain into it. |
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Huge profit will surely be earned once the market starts to increase but invest only on those that are promising. Investing would really be a good idea because the market value of most cryptos are low due to the continuous downfall from the beginning of this year, therefore, investors would be able to invest huge amount and hold.  True that. I think this is the best time for new investors to join the game and earn a huge profit. And a lot of big investors and joining the cryptomarket. Altcoin today is affected by the huge dip that we. are now experiencing so then I believe that this was really a very best time to invest into bitcoin due to its amazing dip which can lead us to earn a huge amount of profit when the price rise up high. The altcoin is also a profitable and amazing coin and we also need to have patience on waiting for the right price to sell for good. |
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
The statement that bitcoins controls alts and the market is partially true, as the entire focus has always been on bitcoins people assume this. If you have observed bitcoins and Alts prices work together, but not at the same pace as after every pump and dump bitcoins recovers fast but not alts. This very price movements suggest there're other factors involved in alts prices, bitcoins may be one of them but not entirely the main one. Yes i agree on that and we are ecperiencing thus dip from the past. We can all see that if bitcoin fall or maybe drop down all coins inside the crypto market will also fall down, so I think coins that is on crypto market really depend on the bitcoin price. I think it is all because the bitcoin is commonly use to purchase coin and token and if the bitcoin price down there will maybe a few investors that invest on crypto market because of bitcoin price is not that big to get other coin. |
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Sure. There is a strong relationship between them. You can take easy decision if you see this coin relationship. ALT and BTC ratio decrease if ALT coin value drops and if BTC coin value goes up. Same things just opposite ALT and BTC ratio increase if ALT coins value increase and BTC coins value decreases. If you watch market daily or read the history for all coins than it will be so clear to understand.
I believe that altcoin price is always depending on th ebitcoin price. And we can all see it from the past few years. Bitcoin is really amazing it is the most popular and profitable coin and I believe that it is the center of the crypto market. So if bitcoin is falling the effect of it in altcoin and some other crypto coin is also a huge dip. |
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The main mechanism for raising prices is the number of people who will invest in it, which is why the price has fallen, as soon as a large investment begins and then either growth or decline in future growth will follow.
Yes I agree on that. The price of the bitcoin really depend on the number of the investors on the crypto market. If the number of the investors increase the price will also rise because the demand may also get higher. And if the market will full of dumpers the price will may fall. |
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Why would anybody covert Bitcoin to Ethereum? ETH is a valuable coin but in my opinion not as special as BTC. As such I find it hard to think people would shift towards ETH and away from BTC.
Well both btc and ethereum are a good coin and we don't have to convert between the two because anytime both can change and the price may also change and we can maybe gain on it even if we simply holding it. The is really an amazing coin than can change many life. And we only need to wait for it to rise soon. |
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