Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.   Simply put, they are both different currencies in their own right. Bitcoin exist as digital, can't be physically carried about but can be transferred and used as money either directly or in exchange with paper money. While paper money as you know is physically carried about for exchange and transactions as you know already. So they are both different with different properties but reaching to one goal. Yes they are reaching one goal to help people to have a fast transaction wherever they are and help those people to have a job. Electronic money is a good type of money in our society as of now because while holding it there is a big possibilities to earn a huge profit while in physical money it's popularity and demand is always high because it is set as a legal payment method of our society to have a fast transaction. |
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People scam because they want to have easy money they are those people who are greedy and doesn't care even if they commit crime just to get the money they want.
Yes those people are greedy they didn't look at the people emotions when they scam it. Many people now in the online world are experiencing scam and wanted to get their money back but here in online world there is a big possibility to hide our identity that's why its easy to stole money from the other people without knowing the identity. |
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Trading mean Investing for very short term, generally for 1 day. Where as Investing refer as long term investment. Long term investment is made to grow your saving so that your life goals can be fulfilled easily, whereas Trading is like a day to day job, the main motive of trading is to earn profit that helps to fulfill day to day needs.
Yes I agree to you that trading mean investing because in trading you are deciding to invest in a specific coin on which you are satisfied that this coin can give you a big profit in the future but in trading there is a much risky than investment because in trading you need to make your own moves in the market on which is unpredictable while in investment you only need to wait to grow your money. |
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When I feel like I'm losing, I'm trying to sell what I get. Because I am afraid of losing more. I pay particular attention to not being longer than 1 week.
True. Often times, when we see that the value of a certain token/coin which we have is going down, we panicked. We tend to loose our focus and get impatient because we are not sure whether it will still go up or worse, it will eventually go lower and have us loose our profit. It's a very risky situation and it requires great deal of knowledge as well as patience. Yes Knowledge is important but it all depends on their fate and their fortune,it has been proven only the lucky people who will earn every day income.All strategy is done if still not lucky then it is clear this problem is the goods,you can stand behind turret hold is something right for now It is better to have a knowledge because you can create a strategies easily and improve our skills in trading. Trading is unpredictable that's why it is better to study first before entering trading because there are many possibilities of winning and also losses in trading |
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Bitcoin never lost the market dominance mate, too many shitcoins from some private companies with fake market share, too many ICOs with fake
Market share, if you remove them from the equation you'll see that Bitcoin never lost the market dominance. you shouldn't take them as cryptocurrency.
Btc, Eth, Dash, Zcash, Monero. if you take them as cryptocurrencies you will understand.
Yes Bitcoin dominance is always there and there is no other altcoins that can passed Bitcoin capitalization because Bitcoin have a strong community and also it plays a big role in the market that makes other coins to work and provide a big profit to it's investors. |
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I also like to believe that this is happening in preparation of the upcoming hard fork I'm sure many are temp to sell their bitcoin with this promising price. I'm excited to see what's gonna happen with the bitcoin gold and segwit I just hope this pump will not result to a sudden drop coz I'll be losing so much from keeping my bitcoin in my wallet
It is a big possibility that bitcoin pumps because of the upcoming hard fork were there are many people now wanted to have a bitcoin gold in order to gain a profit while holding the bitcoin. |
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later ordinary people will hear more frequently about bitcoin because Bitcoin will be more popular because the interest of the people about Bitcoin’s advantage is still growing and its popularity also soaring with its good name. and eventually Bitcoin will become stronger and more famous making it as the best earning industry and business platform on the internet, I'm sure it will happen but not soon, maybe in a few years later.
Yes as of now bitcoin have a community that helps it become strong and make the price high even they worked online and know the risk that bitcoin can give them losses but they also looked at the positive side on where they can earn a good profit in the future when they hold a bitcoin. |
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I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
You just have to get involved in the world of trading everyday and soon you will automatically realize and learned some things that needs to be executed in trading. Profit here will depend not on fixed period but everytime you think the price is right to dump your coins. In finding "good coin", try to consider those coins that already established a strong volume for long time. Just be safe when dealing with new coins and you must learn all the risk associated with this. Goodlucl. Yes because of our own experience our skills in trading become improve and make a good move in trading. It is better to research first about the coin project and its roadmap because most of the investors seek this in order to know if this project become useful in the future and can encouraged many investors to help their company to build a strong community. |
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When I first started day trading crypto earlier this yeah in low 1k's for BTC and about 80-90 for ETH I started making ridiculous amounts of profit and fast! I was mostly using Kraken, which I wont even get into how shit that platform is but anyways as im sure most are aware the massive correction/dip/crash whatever you want to call it wiped out majority of the profit earned prior.
I was forced to learn the hard way that if I had just held those original investments, no leverage, no day trades I would have made 10x more in the long-term. How many of you have experienced this same thing over the last 8 months???
Interested to see the perspectives, specifically with alts...
Day trading and holding are both profitable. Those two are really effective to gain more money but for me, it is better to use holding than the day trade. Many people became rich because of holding many coins. I'm also agree that both of them are profitable but day trading is much profitable than holding because in day trading you can make several trades and also earn a good profit within the day even there is a big risk of losing money. |
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What about cyber cafe's?
Most of the owner of cyber cafe dont know about bitcoins...if we can convince them about bitcoins then the popularity of bitcoins can be doubled..what's ur opinion?
It maybe a good idea but the owner of the cyber cafe need to adjust and make improvement in their store in order to aware those people who are continuing using their service so that they can encouraged them to use bitcoin and spread it to others. |
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I think it will happen soon. $ 7000 will probably happen in the next 2 years or sooner. no one can predict exactly.
Yes it will likely to happen soon and no one can predict on what is the correct time that bitcoin price will hit it. Bitcoin become a popular and useful cryptocurrency among other coins on which is their are many supporters that helps the bitcoin price become high and strong. |
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bitcoin Talk is great! It helps a lot of people speacially those who are in need of money. This bitcoin hepls not just the people, community but also the world economics. It gives opportunity to those who loses chances in the government and private employment. It is the best! i never expect to be part of this. I hope the value of the bicoin will continue increases so that more people will be rich.
Bitcoin is appreciable because lots of people have earned a very huge profit due to investment in bitcoin. The investors of 2009 are now billionaires. It is all due to the high speedy growth rate of bitcoin. Even those people who have invested money in bitcoin a year before they are also now millionaire. I really appreciate bitcoin because I myself have earned a lot of money, which I think no other business of the world can give. I have invested some time ago and now I have earned handsome money with bitcoin, and still there are so many other opportunities if you even invest money in bitcoin right now and can get a decent amount of profit in a short time. There is no doubt that those who got attached with bitcoin earlier are now sitting on top of the world due to the unbelievable profits they have enjoyed with bitcoin. Bitcoin is at present the ruling currency of the crypto world. I don’t know any person who is using bitcoin but not contended with the services of bitcoin. I don’t think so there is any single thing that can be depreciated about bitcoin. Yes bitcoin gives a good profit for everyone that makes it become a very useful crytocurrency in these days on were there are many benefits that everyone can use and appreciated it but there is also a negative news that appear about bitcoin because the people behind that news are also want to enter and use bitcoin according to their needs and wants. |
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Because the paper money is being conerting into virtual currency. People prefer to buy and hold bitcoins and also for shopping purposes,no one wants that someone should know about his wealth,if its in bitcoin so its only you who knows howmuch momey you got. People want bitcoins because its price is damn volatile,chances of profit in bitcoin is more then in just keeping money in banks.
Yes true bro.If you keep your investment in bank for a year means,you will get only 4-5 % of Money you inverse.That also in private banks.But in BTC,you will get n th % of the invested money.By seeing this ,many start to inverse in bitcoin rather of saving in Bank.So the bank get fear of what will happen to them in future,by seeing the growth of BTC. I'm also agree that there is a big possibility in the future that the bank become useless in some people because they are become attracted in bitcoin on which they can earn a good profit in a year than investing it into the banks. |
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Hello, which exchanges are good to start learning how to trade between Bitcoin and Altcoin?
Bittrex is a good platform for trading purposes. But i don't think you should go to a exchange directly, in order to learn how to trade, because you need to somehow know how trading works and then you should head towards an exchange to try out what you have learnt. If you are totally new to trading, i would suggest you to do some googling and learn the basics first, so that you don't waste your money on pump and dump coins which are never worthy to invest and people lose a lot of money in them sometimes. So be careful, as trading is not an easy thing to do unless you are an expert in it. Yes before entering a good market like bittrex you should be knowledgeable in trading because it is hard to make a decision on were you haven't an idea it's just a waste of time and also you are wasting your money but if you have an idea about trading you can make your own strategies through experiencing trading and applying all the lessons that you have been learned while studying trading. |
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I belive bitcoin became an internation currency a while ago and not recently. I don't remember that i've witnessed a currency reaching this value as it surpassed 5000$ just today. Number of useres is getting more and more day by day and that's what will make it number one used currency online if it is not alreasy number one. And what makes it the best, is it proprieties. The fees are so small compared to the money sent from account to account and it is leave no trace or history. It means you are totally safe when you do business with bitcoin.
Yes the transaction fees of bitcoin are much lower than the payment method that we are using in our community that's why it encourage more investors to invest in bitcoin and also the benefits when we are holding the bitcoin on which our money can grow and earn a good profit from bitcoin. |
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There's no doubt that Japan could be the next market leader in bitcoin industry, they serve it as legal tender. Japan doesn't have the largest bitcoin producer today but they are the largest bitcoin user not just for trading but for economic adaption like retails and services, even banking embraces bitcoin as part of their transactions. The next step for Japan is to build and develop a bitcoin ASIC mining hardware that would rival the dominant ASIC miner producer - Bitmain. The Japanese GMO company and some financial institution are putting up a biliion dollar investment to build the next generation mining hardware that cost efficient and environment friendly mining farm. If this could materialise this could be the nicest mining farm on earth, as Japanese not just focus on profit but also an environmental concern, Chinese don't care about environment as long as they have profit in bitcoin as contrary to Japanese culture and mind set, currently the Bitmain mining farm in near Mongolia region was a coal-powered energy which is harmful to environment. Japanese not just a leader but soon become a role model of bitcoin adaption, many Japanese trading platform had grant license to operate as such.
Japan is the only cointry thats really supporting btc, they see how btc potential the btc will be in the next few yeara, who wants to develop btc more and always be part of bitcoin happenings. Yes Japan is the only country that supports bitcoin as of now because they are willing to promote it to their citizen in the way of making it a legal payment method and also they seek a good opportunity in bitcoin on which is they can earn a good profit. |
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It could help proliferate online jobs. You're not going to need a bank account to get paid, and there will be less legal stuff you need to take care of. Get a wallet and you're done. It's also more convenient to transfer money around the world. Other than those I see no significant impact.
Yes it can help many people who are wanted to have a fast transaction wherever they are and also it can opens a big opportunity for everyone who are wanted to earn an income through internet by using bitcoin. |
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Feel free to free your thoughts bitcoiners  . We are aproaching a major point of the bitcoin bull run so now let's watch the bitcoin rally very very close. Ive been seing a lot of Russia banning bitcoin exchange website news yet bitcoin price is stable at 4700-4800$, also the upcoming fork is on 25th the more closer we are on the 25th the more higher bitcoin could go. I'm also expecting the price will be continue to go up because the demand is become higher and there is upcoming fork that happen on which is there is a big possibilities that we gonna earn additional coin when holding a bitcoin. |
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I give myself a sample. it really gets very tiring. Particularly short-term trade leads me to make a lot of effort, and I made too many mistakes, so I could not think well. I put a limit of 6 hours a day.
Every day of a trader is the most important day from the last day because while in trading the major element is the price of goods which are used for trading so if a trader miss any of the day in the routing which is the routing of trading then he may be miss a great opportunity of getting a pretty big profit from their trade because prices of most goods are change in the market day by day. Yes the prices are changes everyday because the demand is always there in the market and it can give a good profit to the day trader. Trading bitcoin is also a risk but more profitable if you know all the methods in trading and make your own strategies to overcome every problems in trading. Experiencing mistakes in trading is just a part of a big opportunity because it helps you to make a better strategies and also earn a good profit. |
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i am kinda new to Cryptocurrency .
i am going great in stocks. its really technical and fundamental kinda investments
as i see Cryptocurrency its alot more easy to invest and forget
should i shift to Cryptocurrency and start investing without tension and stress?
I will surely go for crypto anytime. Not saying stocks aren't good but they are just too slow for my liking and you may not be very lucky buying into the right stock anyway, so what is the point? However, for cryptocurrency, the profit in value is so much worth the risk and I can even still utilize what I have to even get much more. What I absolutely will not be able to get from stock. Yes I'm also go to crypto than stock because crypto can give a fast income but sometimes losses depending on the market that we enter that's why it is important to research first before entering in the market in order to avoid a big mistake. |
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