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I'm not buying at the moment because a price is too high and fluctuate too much, so my game plan is to hold on.
So, I watch from the side what's going to happen and I'm ready to invest 'real' cash into it if the price drops to the reasonable area.
Do you thing it will drop soon? If it does, how many will you buy? Hard to say for sure but it seems that the rumors drag the price down. I'm going to buy 10 BTC If It drop under $640 and if it drops under $600 I will buy 10-15 more. |
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If the Chinese government rumor turns to be true, that how deep the price may fall in worst case scenario? Drop it out, If there are any good guesses?
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I don't know how to help bitcoin or bitcoin community, but I prefer to pay my friend's debts if I had shit loads of cash.
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I'm not buying at the moment because a price is too high and fluctuate too much, so my game plan is to hold on.
So, I watch from the side what's going to happen and I'm ready to invest 'real' cash into it if the price drops to the reasonable area.
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You might lose it all or to redeem a place in heaven. Don't put all of your coins 'all in' even if you feel lucky at the moment.
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Perhaps then when the world government is ruling the world or not at ever...
You don't feel that they are already ruling the entire world? And the implementation of bitcoin to use as international currency is already on the go. Because a lot of merchants from different part of the world is already accepting bitcoins for their services and products. So I can consider that we are already seeing it and being use as it. No, actually I don't entirely feel it. I don't know what you mean by 'them', I meant to say when that 'governance' is ready and set up and people accept it, then the Bitcoin (or an alt) may be seen as ratified international currency. By now, the Bitcoin isn't controlled by any authority, but at the same time, it's regulated by everyone who uses it. So I just think that when the time is ready and the World governance will be born and people accept it (by forcibly or not) the Bitcoin (regulated one) is an excellent trading method for use. Then when there is entity that rules and controls we might name it as an International currency |
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Perhaps then when the world government is ruling the world or not at ever...
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perhaps something like this?  |
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Somewhere while surfing I read popular sites often makes less known sites use the money to pay first then scam and then continue on the popular sites. Could this also be happening in the Bitcoin industry. Start a roll dice or casino, open a hyip and then hyip goes scam and front site continues, no one comes to know. Or this is purely speculation, none of this happens?
Yes, this happens in every business industry and even in every day life over and over again, bitcoin is not an exception. |
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As many users say here that Bitcoin is only 7 years old, and it's almost impossible to tell how it's going to evolve and what it's role as a currency going to be in the future. At the moment, Bitcoin is owned by it's users. Many people would like to think that Bitcoin is untouchable by authority figures, but in the future, it could possibly be regulated.
In the future, Bitcoin could be supervised by some authority figure or by some international currency contracts. It's pretty much impossible to speculate what could be the currency status and who "owns" it.
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Also, have to remember that CC is a huge risk for banking system stability and fiat currency itself. So it's not hard to see if the governments and ECB try to regulate bitcoin at some point or make it even illegal.
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What about Zcash? Mining s out of question since difficulty s going to grow so fast no contract will be valid in 2 months time. However, buying that coin might be interesting long term.
Yeah, it seems that there is positive Zcash hype going on, but in my opinion, it is too early to invest in it. I can't see what's the main difference between Zcash and Ethereum at the moment. But it is interesting to see how Bitcoin and other cryptocurrencies value develop during the time if Zcash gets popularity. https://www.bitmex.com/app/trade/ZECZ16 |
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Check out before doing any action how long the site has been up and what's the transaction volume in it. And also I recommend checking the user reviews of the sites, but it seems that there is a counterfeited review as well, ppl are trolling so much these days. Just keep your common sense with you.
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I would hold on 60% of the amount, invest 30% into trading, 10% into altcoins. 50k holdings on bitcoin would be damn sweet.
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Yes, it's a freedom from a bankster mafia system but isn't total freedom from the power of money.
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If bitcoin value exceeds 700$, what is the price before fall?
with the way bitcoin price is going up i wouldn't be expecting much of a fall after each price. so even if price goes over $700 it can stay there just like other 100 ranges before it and 700 can become the new bottom soon. in other words if you are thinking about a big drop, then don't waste your time waiting. I'm not looking for a big drop but I expect the value to fluctuate around $700 range for awhile. |
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It's predictable that if price breaks the limit of $700, it won't grow for a long time in a short term and drop off is likely to becoming.
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