minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell bitcoin.
Yes every trader has certain limit for buy and sell , but its good if we buy in a large amount at once as you don't have to spend trading fees often. The only limit is your bankroll. There are no other limits when you trade bitcoins, altcoins or any other type of commodity or currency. Bitcoin can be divided into numbers smaller than 1 cent, so buying desired amount of BTC is not a problem at all. Yes, bitcoin in the form of satoshi can be divided into much smallest possible unit, so do not put a limit on its minimizing, but the fee of exchange may appear as the limit for the exchange for it. |
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I heared about bitcoin yesterday from my friend. Firstly I thought it was a scam then I searched little bit about it on Google and found its not a scam so I joined bitcoin
My friend recommended me to use bitcoins as he said this is gonna be future currency, and when he said that you can also earn money from bitcoins, I directly got into the world of bitcoins. A friend also recommended me this while we were going to withdraw his money. That was last September last year. And i was really into it since then. I never thought it was scam because you didnt really need paypal. Because in pay to click its hard to be around paypal accounts. The word of mouth is really a good way to increase the user of bitcoin,i also to know this by words of mouth so i decided to try and so far its good. Maybe for you it is easy to convince someone by their simple words but for me it is much hard to convince my friend and people around me, especially friends on facebook are not born to believe me in any issues or with bitcoin also. |
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Of course Bitcoin is very safe. And there are also many scammers and that is very bad. But you have just to be careful.
And trust only the people that you know and not every person. It will be bad if you would be scammed. So be careful that will be the best thing. And the online wallets are also very good.
Yes online wallets are very safe and it gives me a feeling that it is more safer then banks as it is not easy to hack your wallet and no stranger have access to it. I am also in the favour of online wallets but one of my friend has suggested me that to use desktop wallets, he also told that it is the more secured method for it to store your bitcoin than online wallets. |
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i believe that bitcoin is being used for illigal activities just as much as any other currency
As long as it has a value it can be use to do illegal activities just like other currencies, but I think its not just currencies that can be use in illegal activities.. just like what we saw in movies, criminals have a barter and swap their guns with drugs.. Its fair. Not just of bitcoins value it's been used in illegal activities. Due to the anonymous nature and faster transfer bitcoin is given priority. But I Think the criminals like only one thing in bitcoin which is its feature of anonymity , with that they can buy any thing like weapons and drugs etc and will remain anonym to the sellers etc. |
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I would love to pay you 10$ for it. Because I am lover of these type of things. It is looking pretty good and I am sure you can easily sell it for 10$ anywhere. But are you mad it by yourself or you are just a promoter of this product?
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Still bank because Bitcoin is not as secure as bank. Might change my view later when there come more secure hardware wallet.
what do you think about xapo vault..? coinbase vault..? Im sure it's more safe than bank, im use it, you need 48hours to release your bitcoin after withdraw request. I don't know much about coinbase, but I am fully agreed with you about xapo. xapo's vault is fully secured and insured, if in case our account got hacked and vault balance have been stolen, then xapo is fully responsible to pay us as we claim insurance. |
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yes there are a lot of problems that don't help "median" user to embrace btc:
- unstable prices
- scam risk
- you have to study how to use it
- you need to understand how save your coins
After all are these the best problems with btc....as my friends says when I talk about it.
The first one, which is “unstable price” matters more because with that those people who are unaware with trade and are not efficient to covert their bitcoin to fiat will try to stay away. But not only for bitcoin, for all new currency which a person tries to adopt for the first time require to study about that currency and to learn how to manage for that currency in ororder for daily use. |
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the better method to invest, is to save all of the bitcoin bought, do not move any bitcoin. why? because the world of bitcoins are full of (probable) scam.
Yes, 1k US dollars are very big amount. The teen can start a good bussiness with 1k$ . If he wan't to do something online then I think he should try web business because with web business he can get his 1k$ in only 3 or 4 month if he work with dedication and keep focus on his work. |
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I like it too, The price will most likely improve and the supply will be dropped by half making older bitcoins more valuable IMO, even if the price is not improved it will be interesting to see it  . Yes everyone including me are much impatient for the coming of halving, everyone is well prepared for that and are waiting to see their wealth double up like a magic, which were once happening in the stories. |
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Promotion of sites and blog in twitter is a good idea and also good for seo factors. But your rates are too high.
You are charging 0.05btc per week. I think you should think twice about your rates. Now a days too much advertisements are coming on twitter that's why people won't click any blog link on twitter. So most of tweets and retweets give nothing.
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Porn which related with bitcoin is sound good but in my region porn itself is taboo and prohibited by govern and many more also.
That's what I hear about in Singapore. I think the middle eastern countries prohibit it too as it is a religious no no in those parts of the world. Not to say it is not done just talked about publicly. Yes in that areas most of the citizens of that states are Muslims and they do not disobey their religion and strictly follow the rules provided to them by religion, especially in the Arab countries. |
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It will be better if we would endorse or encourage customers to use bitcoin instead of money or their currency. As to somehow that this is same with money it would not require them any tax incurred once they have any business transaction possible. Less time other than banking system and safest method of business, this cannot be steal or the risk of holding a big amount of money..
Yeah the best features I like in that is transactions in much less time and my most favourite feature in that is we can now hold a big amount of money with us without any risk and insecurity. |
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You can lose a lot with gambling but it also depends on what kind if game you are playing online.
The fact is also that losing with gambling is normal and you can lose everything you are owning with gambling, look at the addicted people.
Yeah we are losing all the things we had.. this is not for poor people that they want to bring their life into rich.. Honestly this is not the way to be rich. Gambling is for fun for most rich people but sometimes poor people want to win big money to bring her/him self to be rich from being poor.. You are right it is not a way to become rich with and to earn their living with, but it is only for entertainment, so the poor people should have to stay away from it who are hardly earn their living. |
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Its hard to say for what is going to happen in the future with the value. And of course we all hope that the price will rise for a long time. But you dont know when it will start and that is the problem.
I hope that a lot of people can get some profit of it and that they are also using Bitcoin very much. That will be great.
For a number of people the future of bitcoin is doubtful, but if you study the strategy of its value fluctuation you will notice that the price will definitely increase and will love it. A number of its price increase predictions comes after deep research. |
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You can even buy them at 400 dollar it will be still profitable so technically you can now already buy them.
The halving will let you make profit for sure.
Yes the halving is bringing a good profit for all of bitcoin holders now is the price at $400 and after halving it will cross $700 so don’t waste any further time and buy it before April of this year. |
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Well its of course difficult to say because the bitcoin itself is unpredictable but with the future of the halving and the users that are increasing I think it will rise to a high amount this year.
Not only because of the users but also because of the halving that is coming this year of course.
The bitcoin price will be first around the 500 dollar till the halving will be done.
I also think like that, the price will reach to $500 till the halving start and after halving occur the price will boost more higher and that will be about more than $700 or maybe $1000. |
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I have a suggestion. invest your money in a blog or bitcoin related site or a faucet site., purchase a domain and hosting. hire a programmer who can do this job for you and make a site for you. and then invest some more money to advertising of this. then serve google ads on it and earn money. this is the best investment in my openion. because almost all cloudmining, hyip, and other investment sites are scam and not paying.
This sounds like a good idea. but I am not sure google adsense allows ads on faucets. What I do know is that there are plenty of other CPM ad channels you can use to earn a quick buck. With some good linkbuilding you can get a lot of traffic to your site. But the problem is we don't know if op has a knowledge how to make a website or faucet.. If you just you use the script of faucetbox there are many ways to hack your faucet. or your your visitors are bot.. So i don't suggest this if he didn't know how to make website.. its better to invest your money in gambling site that has investment like bitvest or betking.io.. also in moneypot.. but its risky we know house is always win so i think investing in gambling site is not so risky.. If you don’t know that how to make a website then it is not a problem as you can buy a website from any website provider company online and running a website is not a problem but the easiest way to earn big amount. I think if he wants to earn a big amount for his living then he has to learn that how a website is made and how is it administered. As nowadays the great investment according to me is starting a good website. |
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Recently i have moved my saved money mostly to bitcoin, i have put 70% on bitcoin and 30% on my local bank for any emergency use, so currently i like more the bitcoin wallet, hope to get a bitcoin debit card soon which would be better.
bitcoin is better then banks because we can control fully our money. we don't need any ban's help to save our money and invest them. everyone is his own bank in bitcoin wallets. and now with debit card , using bitcoin is more reliable and easy. And the other benefit is that with bitcoin we do not have to pay high taxes and fees of transaction, and we do not have to provide any documents and proofs for our money and transactions. |
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This will be a difficult thing to manage properly, because some donation addresses were still in operation when Bitcoin had very little value. If you want to do it properly, you would have to take the value at the time of the donation and add it all together to see what the real donations were in it's fiat value at the time. If someone donated for example 10 000 bitcoin back in the day when 1 Bitcoin was valued at $5, you cannot compare that to the value of those same bitcoins today. ^hmmmm^
Yes you are true, it must not have to depend on the amount of number of bitcoin but he have to calculate the value of each bitcoin received at a specific time keeping in mind the value of it at that time. |
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You just can better wait indeed to sell your coin. Otherwise it is wasted money and that will be not good.
I hope that more people will know that it will rise later and the most important, the halving is also coming towards, so that is very good.
Why is it a waste of money if some one is selling their coins at the current price. They may have a very good reason to convert their coins to fiat. Maybe they have medical bills to pay that they were not expecting. There are plenty of reasons for some one to sell his coins. By wasting his money he means that he will lose the opportunity to double up his money with halving which will happen sooner. He means that he have bitcoins and not benefitted from its features. Yes if he need his money to spend on anything he require then it is not a bad time to convert his bitcoin to fiat. But if he do not need to spend it on anything then he is wasting his efforts with bitcoin. |
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