I have Bitcoin debit card so that makes buying lot more easier, online and in real stores. Sometimes I pay my bills, I'm buying some stuff for everyday living in supermarkets but I also have bought some digital goods online. Higher the Bitcoin price, better the buying with Bitcoin because you save more money comparing to fiat.
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Big profit you have made but it's hard to keep it constant. There will be ups and downs that is for sure but you've made the point when you said that things weren't so smooth at the beginning. Now you probably have your own strategy that you will follow and hope for the best in the future. With more, time, experience and knowledge I hope you will become even more successful.
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Obično tehnička roba ide najbolje i potražnja je velika, ali kupovinom preko ebay ili Alibabe se jako možeš zeznuti s kvalitetom ili fejkovima pa ćeš imati problema s mušterijama. Moraš uzeti u obzir da kad nešto kupiš na vani treba neko vrijeme da to stigne poštom ili kako već pa bi unaprijed trebao znati narudžbe tj.imati neku zalihu. Opet, ako netko skuži da na njuškalu prodaješ naveliko mogao bi imati problema s poreznom. Ne znam baš koliko je to s takvom preprodajom isplativa ideja.
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To my opinion investing in casinos is not real investing, it's more like gambling. Every investing caries certain risk but this one is too big for my taste. And if you underestimate the risk and don't have the back up plan you might end with big loses. So just be careful and think twice about your investing strategy.
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No person or organization controls the Bitcoin. That is the whole point of Bitcoin story, to have independent currency that would exist outside the current worlds financial system. And I think this is also one of the keys for Bitcoin success, people are tired of banks and their monopol and control and the financial crisis they are causing all over the world.
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Scary story but not possible. There is no way to hack the Bitcoin network, there is no vulnerabilty in the network that coud be exploited. Besides, if this even was possible why would someone take only 1000 BTC? Why not all, why this person would't become the richest hacker in the world? So, this is just a story but not the true one.
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I'd like to have both. Since Bitcoin is not yet fuly accepted it is also good to have cash. But when the Bitcoin price is high I like to spend it because then I save comparing to fiat money. And Bitcoins could be transfered to cash at any time.
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There are no restrictions, you can buy as much Bitcoins as you like as long as you have enough fiat to pay for it. But I don't think that is wise to buy large amounts using your bank account because you may face the problems with bank, tax revenue or anti money laundering service. So it's better to split the wanted amount in smaller transactions and also to use face to face buying.
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As far as I know Europian union is not planing to ban the Bitcoin. On contrary there are some intentions to make some common regulations to determine Bitcoin status within the EU countries. USA and Canada are also to democratic and open minded states to make such ban. And they don't consider Bitcoin to be a threath to their own currencies.
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We are all witnesses that cloud wallets, although convenient are not necessary secure enough. Hacker attacks are happening more and more often. With time people will pay more and more attention to security and that is the reason why hard wallets will have their market.
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Start as soon as you can because for becoming profitable takes time and experience. At the begining you will probably make mistakes and come to risk to lose much or even everything. But don't be discouraged if things will not be going so smooth, with time you will develope your own strategy.
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I would always chose Localbitcoins for that because I have trusted seller/ buyer there so I know that transaction would be smooth and easy. Since it is a small amount you could also find someone here on forum on.exchange thread. Just be careful and choose someone with good trust and recomendations.
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Better option then withdrawing Bitcoin to bank account is having some Bitcoin debit card. Once you have your Bitcoins there you can spend them everywhere or get cash at ATM without any fear of complications or some questions asked.
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I had experience with selling BTC with PayPal but that was with one trusted seller I know and had previous experience. Otherwise I wouldn't recommend this because of possible chargeback. But of course, there wasn't any word mentioning paying for Bitcoin because PayPal doesn't support that and you might end with your account suspended.
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What exchange is that? Maybe they are not real but some scam site. But the amount of Bitcoins on some exchange has nothing to do with overal amount of Bitcoins. Although with time the quantity of mined Bitcoins will go down because this quantity is limited.
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When starting a business some key issues are to be original and have something new and inovative and to have good PR and marketing to promote the business. Andw if you have small business it's hard to compete with large players. Maybe there are already so many exchangers and you wasn't competitive enough or offered something new, so people thought we don't need another one. Anyway, I wish you all the luck to find some profitable and successful.
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For 1$ per hour it should be something simple that doesn't require too much work, effort and resources. So, maybe something related to answering on customers phone calls or maybe quick posting on Facebook or Twitter. But in some poor countries 1$ per hour could be a lot (sad but true) and there people work realy hard for that money.
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I wish that eBay was accepting Bitcoin. This is my favourite market where I can find almost anything and so far I had only good experiences. The only bad thing is that they don't accept Bitcoin. But I hope this will change soon because Bitcoin will become inevitable currency for all who want to keep their online business.
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Yeah, the price is quite stable for a longer period now. The big demand could make it go up and some bad things like big hackers attack on exchangers or something similar would probably push it down. But I don't expect big movments up or down soon.
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I would rather eat 100 chocolates then 100 bananas. Let's get serious. It can't die just like that over knight but let's imagine that this happens. I would probably start buying as much Bitcoins I could (I suppose te majority of people would try to sell to save their money as much as they can) but after the "death" Bitcoin would rise again for sure so that would be my strategy.
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