Bitcoin can not compete with the popularity of currencies that exist in paper form, because there are still places on the planet in which there is not even an Internet so that people can learn about bitcoin.
There's no need to compete, we are the ones who are keep on comparing the capacity of bitcoin. And besides the best thing about it that bitcoin is good if we want to see it compete with other currencies better to compare it with alt coins. We know that this is the origin of crypto's and this is going to be always on the top. yes that is right that there is no need to compete, to me my first choice is bitcoin and not USD. because i am sure that bitcoin will give me a good profit and specially by investing money in trading altcoin. |
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Not yet. However, it has the potential to be for sure.
I think that every Bitcoin user understands that the prospects for crypto currency are very big and the reality. Probably the era of crypto currency has really started and Bitcoin will advance in many spheres of human life. bitcoin is infact the currency of the new era and the reason is that most of the people are now consider bitcoin ans an important currency whch they will for local use or for buying thinks in local shops. |
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Btc is great, i agree. But btc still needs improvement to further develop, more and more perfect and attract more users. From there it can become a popular currency worldwide. What I often hear about btc is that the transaction costs are too high. I hope this will be changed.
in fact there is nothing wrong in bitcoin, bitcoin is in fact a perfect currency and is providing opportunities to their users to use it for different purposes and in act that are getting good profit from it. |
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I keep my bitcoins in my wallet , Electrum and so far I have not encountered any problem with it. If you leave your coins in online wallets or exchanges there is always a risk to them, exchanges may get hacked while online wallets maybe attacked and flooded with DDOS.
that is what i also have the same case. i am also using onlne wallet for my bitcoins and for every time i really found it reliable and never feel any risk there. therefore i will like to continue with the same point. |
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It is very difficult being a trader, part time or a full time speculator. Considering that that the total market cap for all coins surpassed 100,000,000,000 - in little over 2 months, rising more than three hundred percent, there was always gonna be a correction. Although some coins suffered more than others.
To be an entrepreneur is not difficult, but to be a successful trader is something that not everyone can do. At some point, you will realize that business is a good job to make a profit. for becoming a successful trader you need to have good experience so that you can do good prediction about bitcoin, which is for most of the time proves as correct, so you need to spend time in bitcoin t get education and experience. |
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I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen
i think every person has the same thinking here, they are confident about the price of bitcoin that it will increase too much, i myself confident that lding bitcoin in present time and specially for long term investment is a very good decision. |
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Bro it is very possible but only if you are also shelling out a huge capital for that. If you are willing to spend some huge amount of money for your trading investment then the possible profit will also be huge. But as the basic rule in trading says, the risk goes with the investment, but so also is the profit. The bigger the investment, the higher the risk involved, and the larger the profit if it comes out successful.
yes a lot of factors play important role to make 1000 BTC and the most important is your investment, that how much investment you have made in bitcoin and secondly your skill and education. |
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Paypal was my primary payment bank initially when i was newly introduced to internet, but alas , once an israeli guy charged me back $600 ! That was a lesson for me to avoid paypal.
It always involve risk of being scammed by paypal seller because you are free to chargeback your money by raising a false claim in upto 180 days.
Such bad factor is a basic reason why most people hate paypal.
in very beginning most of the people were using paypal for payment, but when bitcoin introduce most of the people who are already using paypal left paypal service and now using bitcoin which is more convenient for them to use. |
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Thank you for all the replies. Many of you advised the forum as the source. I will make sure use more of the forum for learning how to trade. Learning from trial and errors is what i do for now.
no doubt that this form s the best source for betting information about bitccoin, but i think a lot of other options are there to check and learn about bitcoin, in social media you can also get some good information about bitcoin. |
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And it's not obvious that you'll lose money gambling. I believe you are mainly talking about being addicted to slots or whatever. If you do sportsbetting, Poker or anything else that needs some sort of skill and knowledge it is not obvious that you'll lose money.
That still wont change anything, in the end you are going to relly on your luck. If you are not meant to win then despite having all the experience or whatsoever, you wont win the game. It is as simple as that and yet people cant swallow it, they thought that when they have these experiences they are going to turn the table yes that is right that luck play one of the most important part in our life. i think that those people who are lucky they have more chances to make money in gambling. but in some format we also need to have some experience and skill through which we can increase the chances of making money in bitcoin. |
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The desire to win more and more money from gambling sites is something that attracts me to keep on depositing over and over again, most users probably knew that the house edge will eventually took back the profits we made earlier from the site, but I guessed the greed to win more just kept on ringing in our mind, maybe greediness is really a devil that needs a lot of determination to overcome.
That is why you are going to regret your mistake. I was like that as well until I forget about everything, I spend alot of money just to find myself desperate. I played to win and hope to win alot of money but all I get in return is desperation. Thats the reason that Im playing for fun so that I wont feel desperate again Making ourselves enjoyed is the only sure reward we can get in gambling, playing gambling does not guarantees winning even we played alot so we just need atleast an assurance that we can get something from it so make sure to have fun. Exactly because that is the only way where we can last in the game, we gamble for fun and not for profit. Trying to win and make it as your source of income is good but we should know if we have the skills to do it consistently and if not we have to stop and shift our interest to a more fun activity which is gambling for pure entertainment, we keep gambling for money even without the skills we will surely go bankrupt in time. Everyone tries to win in gambling because no one like to become a loser. But not everyone will play just for money there is some gamblers play to come out with their work stress and other reasons. And don't make gambling your source of income if you win money in gambling just calm down. With this reference, if you try to play more games I am sure you will face the worst situation. but i think very little number of people have that intention because most of the people want to make money and play gambling only for money and, they do not have any other intention. if they will make money they forget all their stress and tension but when they lose money then become more trap by their tension. |
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You can't control your greed. No one can. If they tell you they can they are simply lying. Gambling is supposed to be an entertaining activity and not a source of income. Consider any positive balance 'lost' unless you withdraw it first.
In short - play for fun and don't chase goals. Any profit at the end of the day/week/month is just a bonus. Good luck.
It's true you cannot fully control your greed, it needs a lots of discipline. But as what he said gambling is just for fun, it is not a source of income. If you lose then don't play anymore on that day, it might lead you to addiction. My advice, gambling for fun just weekly not everyday it will lose all your money, gambling is risky be wise. and specially when you are new in gambling, because normally we can see people who do not have experience in gambling the mostly lose money and that is because they have no such good idea about gambling and therefore they do not compromise on small winning or even losing ant therefore continue losing money expecting to will and return the losing money. |
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how lon this campaign will run
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I believe that the price of bitcoin will continue to soar high even if theres a price dump i will surely bounce back, now is the best time to buy more bitcoin because we all know that the price of it will be more valuable in the future, just hold and wait patiently for us to win more money.
You can't be sure about it, because a lot of uncertainty remains with the hard/soft forks and their implementation. If some thing goes wrong, then I won't be surprised to see BTC at sub-1,000 levels. hope that nothing is gong to happen wrong i am sure that the price of bitcoin will continue increase ever after 1st August, bitcoin has still good potential and its price can really go more high in next few months. |
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why not both of them ? i think with saving 20-30% your profit/money to gold always be a good choice, they already have their own market that can'be ruined by any other thing, even bitcoin i think. Old people and traditional people that can't use technology still hard to believe bitcoin is really exist, but who knows ? we are the next generation of old people, we can teach the next generation  Thats true, i think people with less technological knowledge would certainly choose to invest in gold. With it then gold will continue to have investors. Besides gold I think will have a bright future too. See gold hard to find, and has a limit on the number people are holding gold for a long time. it is a long long tradition, but now people are changing their mind and now they are giving more importance to such business where they have more chances of making money. and specially those people who know about bitcoin they like to invest money in bitcoin because they know the importance of bitcoin that bitcoin can give them a good profit that they even cannot expect from any other business even not from their day job. but still majority of people do not know anything about bitcoin. and therefore they are still giving preference to gold. even some people have knowledge about bitcoin but still they are not investing their money in bitcoin because of security risk.they are not business minded people and are not welling to risk their money. |
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Well, we can not say it's the best, because bitcoin is always uncertain, but if you buy bitcoin at the right time, it's likely to be a very good and profitable investment, because of course if the price goes up you'll be lucky with Fast.
yes no doubt about that. i do not think that there is any other way through which we can get such a good income that we are receiving from bitcoin. because still bitcoin has a very good potential and its price can increase in future therefore there are more chances that bitcoin will give us a good profit. |
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If you are retiring in 15 years or more its well possible that 1 bitcoin can be enough to retire on even in a first world country. I wouldn't put all my eggs in one basket though and rely solely on that, I would still look at other options just incase.
Don't settle for a low amount of bitcoin aim higher, i think 10 to 20 bitcoins will be enough after 15 years or more to build an average modern looking house because the price of bitcoin is keep on growing because of the demand that keeps on coming from the new adoptions from different people and also from the countries that are getting into bitcoin because of the potential of its financial system. Exactly! No one can possibly feel safe with 1 Bitcoin in their wallet unless they live in such a poor country where housing and living in general constitutes nearly no expense. And even then, you don't know how that may change in the next 15-20 years so one could be in for a very rude awakening... yes that is right 1 bitcoin is not such a big amount. even you are living in a poor country, a big saving is not more safer that a permanent income which can give you a good support. i think after retirement a permanent income that we can get from trading bitcoin and altcoin will be more good as compare to saving one bitcoin. |
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100+ bitcoin is a huge amount! for me I just cast out some of it, then I keep other to different online wallet account so I can save if or grow it for a long time investment.
That is the worst you can do to store it in an online wallet. If you are meaning online web wallet you are making a big mistake to leave more than 100 btc to some other parties as you need the website of these wallets to operate your bitcoins and these websites are not always 100% online. If you mean Electrum or Bitcoin core then it may be Ok but for the best always use a hardware wallet for such case. i think it is easy if you try to use multiple online wallet. where you can distribute your 100 bitcoin and can keep them safe there. i think that is one of the simplest way of keeping your bitcoin safe in a safe place. |
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Bitcoin will not crash, that is 100%, but it could stop raising so fast. Fork can do some negative work, but if we will look in future, than we will see bitcoin growing stable, without any problems.
ye we can hope so that August 1st is going not to do anything with bitcoin. i am sure bitcoin price will not be effected so much with that decision, and will continue increase with it s previous tool . hope we will see more increase in the price of bitcoin very soon. |
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Nobody can really know the real next pump if you just ask me but you can make a technical analysis for it but there is no such 100 percent in trading.
If there is low there is a high to follow and vice versa. No one can really tell you that a pump coin will continue pumping and a dump coin will continue to be low, but one thing is for sure trust your instinct and as much as possible don't trade with your emotion even though it is so hard.
No one knows about the next pump or dump other than inside people and therefore cannot give a 100% prediction about it. But there are so many experience people who are involve in bitcoin for a long time, they are studying the market continuously, getting information from different sources and then analyze the price and in the light of such analysis they predict about the price of bitcoin, and therefore for most of the time they give a very correct prediction about the price of bitcoin. but some time the prediction of such people also prove as worn and even they lose money in short term investment. i think it is not so easy to predict about the price of bitcoin even if you good experience in bitcoin. |
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