What attracts you towards bitcoin?
I'm asking this because it could be different from person to person. Different people may like different aspects of bitcoin. So what do you like the most about it?
For me bitcoin is a decentralized digital currency that is traded solely on the internet network, and this fits perfectly with my daily work as a blogger. Although bitcoin is at risk, bitcoin is the only best means of investing and may be used by its users to trade and purchase anonymously. |
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It seems, very difficult to find other "tools of success" in addition to speculation. Cryptocurrency today there is more than enough this number continues to grow every day. Buy a "young coin" tokens, do not need large quantities you can set even a few dollars because most coins in the literal sense are worth a penny.
Unfortunately, there are a lot of scams and trash in this area which significantly reduces our chances of making a profit.
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Produce cryptocurrency's now fashionable and very profitable so chained with the increasing interest of the public on the Internet world. Currently, Cryptocurrency not only gets the value it also provides many ways to profit from it. I set a goal to reach incom from crypto 1k$/month to live on this earnings and do things that i'm interested in. What would you advise, how could i reach my goal this year?
For me $ 1000 is a big nominal, but it can be obtained provided we are willing to do it diligently. Maybe we should arrange one or two plans to translate this idea into reality? Let's start with the fact that cryptocurrency is not a dummy, but a real tool for investment. This method has provided a lot of evidence and can make anyone get rich including you. However, just like everyone else in general, it requires a lot of approaches and patience. |
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You are right, but I always use the principle that has been firmly entrenched in me, namely: "Although bitcoin prices often decrease, but the price will continue to rise in each year." As our friend has said " LeakBarak". " Big gains come with big losses" in fact this can be minimized with HOLD strategies and patience. |
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It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
Bitcoin has high price because the demand for it is very high. Normally for anything which has high demand has high price. Not only the demand, the popularity, technology and usage drives this crypto price higher and higher every day. You are right, and I will add a little bit. Many of the growing speculation and positive perceptions arise among bitcoin users. Gloomy global economy, so this causes investors to look for more profitable new assets. The existence of players which have very large funds and they have participated in raising bitcoin prices. |
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So there has been a lot of hype about bitcoin lately and I know it is revolutionary and has lots of advantages. But let's try to state the reasons why exactly do you personally think that bitcoin is not great and lacks in some points. I know it has great applications and is just great but it is not falwless right?
My question is simple and straight, What are the flaws of bitcoin?
Except its high volatility and "Dark use" (in illegal activities).
Because, there are some of the most prominent disadvantages of bitcoin and all this you need to know and be taken into consideration, including: Still many people are not familiar with bitcoin nor the digital currency system. Bitcoin is still under development, so it features are still very limited. Price or value per 1 bitcoin can suddenly freefall becomes very cheap. When compared to businesses that accept the common currency, then companies that receive bitcoin's still very little in number. If a company's willing to accept payments with bitcoin, but Customer Service doesn't understand and causing inconvenience in transactions. |
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I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.  I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots. Although high-risk bitcoin is the only chance, which can make us rich easily. The high bitcoin exchange rate can make people who see it tempted and countless times to start investing. Playing around with bitcoin can be very risky and speculative thing. The value of bitcoin is hard to predict, bitcoin is one of the digital currencies and, not the company. Therefore there's no money flow, that can be analyzed, or financial statements to determine the time of investment and bitcoin volatility was so wild. And in my opinion borrowing money from parents or from anyone to buy bitcoin is the worst idea, Why don't you make your own money?... Because the success rate is difficult to be measured and you must be ready to lose everything. |
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We have sent funds to the following participants:
Ultegra134
liseff3
Bonsaiav
Please check your accounts. Thank you.
Thank you nexybit. The fund has been saved in a good way. |
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User ID : liseff3
Nexybit Deposit Address : 3PLwZAsxoLgGzgqYaA7miAt8BDfkcSRfje
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Bitcointalk name: liseff3
Current Posts: 582
Rank: Sr. Member
Btc Address: 3LftXweDun7C2u5FXVYK97QaKymAmpLtM6
Signature: Yes
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Bitcoin regulation in our country is unclear because for them Bitcoin is a digital currency and not a political threat because Indonesia has other issues that are more important to face. However, The Central Bank of Indonesia (BI) does not prohibit the existence of Bitcoin.
Because Bitcoin and its support network (blockchain) is a technology and they let this technology develop. Hence they only forbid if Bitcoin's used as a means of payment. Because Monetary Risk is one of the issues they want to tackle as soon as possible.
I know and believe some countries have banned bitcoin as they do not see the real positive potential of bitcoin. I'm very sure, Bitcoin and other crypto-currencies will be more prominent if their politicians know and understand how it works.
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Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.
“It’s the top notch opportunity for reaching to the financial freedom”
That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.
It’s just my opinion about Bitcoin ban
What are your thoughts?
From year to year, our government always gives a negative signal to bitcoin, and this is very difficult for bitcoin to grow in our country. The government certainly has a careful calculation when carrying out the assignment given the current ban is not limited to volatility alone, but the fact has grown, the presence of whales behind the volatility is a government's biggest concern. Only a handful of countries recognize the true potential of bitcoin and other cryptocurrencies and have already made amendments in their laws. Japan is one such country which is extremely friendly to bitcoin community. Apart from that no other government is willing to make it a legal tender.
Supposedly this Japanese way can be imitated by other countries. That way most likely our country will not be able to limit the development of bitcoin until the future. |
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These signs, have given contrasting hints, that they still have a determination to grow stronger and I am an optimist, so I expect growth to continue because new ideas always come up every day. The emergence of a rare new ICO is one form of the crypto growth signal, which will capture the attention of investors and invest in the market cryptocurrency. Because the new ICO always have the latest innovation, an innovation that has not yet implanted in the previous crypto. |
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Hi, guys!
I am in cash in Bitfinex now, what would be your advise to do now? What coin to buy or to stay in cash? THANK YOU!
How much money do you have? ... If it is minimal, it would be nice if you buy: ETH NEO NEM and Qtum they will advance rapidly this year probably between May and June to come. It's best to buy NEO because NEO has characterized itself as one of the most trusted companies in China today, know it because NEO is the only coin fully supported by the government. Users can still make purchases at this time as demand for NEO coin never decreases. |
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It all depends on individual interests and needs as it says cliffdex and jonatuzc. Stop to please others with obeying all their opinions. The only thing you can do is to obey your own heart and do what you can control. As long as you don't break the rules then do what you think is right you don't have to care about the words of others. I think it's better to wait to sell the price than now, especially as the price began to rise slowly, but for a higher price you need time
I don't, think bitcoin will die anytime soon. Bitcoin will continue to live and thrive as long as Japanese state still uses and able to control bitcoin well. Meanwhile, according to information I heard, bitcoin will die in 2041. |
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Not only me and you, but the country is indirectly. Bitcoin can solve state problems though not all. Because the Poverty Reduction Program which they aspire to has at least been helped. However they turn away from reality and they allege that bitcoin can damage the state's finances. In fact the existence and ability of bitcoin too they doesn't admit.
To me, they're really stupid and cavalier.
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As it shown on the charts top 5 coins are showing prices moving up simultanously: What causing this? Not only top 5 but it happend to a lot of coins:  That's true as op said. Ethereum Bitcoin Cardano IOTA Stellar and NEO, These six coins experienced a significant increase whiches' close to 28% - 40%, While Monero BitcoinCash Litecoin and Ripple, These four coins increased only half of the above coin increase whiches's between 15% - 25%. If you know it's the recent increase is in fact started by Ethereum and continued by some other coins such as Bitcoin and other Altcoins I mentioned above. So, in my opinion, the rise this time very clearly's due to the rising factor altcoin prices thus being able to mask the lack of bitcoin. |
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Wanna see people's predictions for the next bull run.
When will it begin, how high will it go, and when will it end resulting in the next major crash?
Bull run here I'm talking about when the price is at an ATH and starts pumping in dramatic fashion, and the bull run ends when it experiences a major lasting crash. For example, last bull run basically started May 1st when bitcoin started pumping from around $1300/1400 and started shooting up hundreds of dollars. And it ended mid-December, the previous crashes last year were shorter corrections during the bull run.
So basically once it breaks $20k and at some time after starts going crazy with a new hype phase, when do you think that'll begin, how high will it go, and when will it end to start the next major crash?
Lately, I have so little faith in what's called prediction, because eventually, the market will continue to be manipulated by dark hands behind black suits. Currently, I only believe in the results of technical analysis, which I think is more Real than fundamental analysis. My prediction:
$20k+ -> $70k
Dec 2018 -> Aug 2019
I don't believe bitcoin will be up to $ 70k. |
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