Probably there are factors why bitcoin price drops and that includes some bad news circulating about bitcoin. Also it is affected by peoples demands, higher demands means higher supply and highee price. Another one is the lack of information/,eduacation about bitcoin.
That is the main reason for me why the price of bitcoin is dropping, it is the bad news that affects the market a lot because when something goes wrong then the people will look at it like a big deal then they will sell their bitcoin because they are afraid of losing a lot of money in their investment and it resulted for the price drops which is not a good thing or good practice to tolerate, they should learn that they don't need to sell and just buy and hold. |
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I store my bitcoin on bittrex. Although it is not a safe way to save my coin, I have to do that in order to trade bitcoin into other coin or USDT. When news comes out, the price of bitcoin will be dumped or bumped very hard. I need to act quickly in order to earn some extra money from the news. Therefore, keeping money on bittrex will help me to earn extra income whenever there is a big news to bitcoin. Before I use bittrex, Electrum was my number one choice because it is fast and useful
If you really want to put your money in an exchange then you need to make sure that you are just putting the amount of bitcoin that you afford to lose because when something goes wrong then you will not regret a lot and you can still move forward with the incident. If you have for example, 3 bitcoins then you can store at least 1 bitcoin in bittex and the other remaining which is 2 will be deposited into electrum for safe storage. |
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I don't have any regrets in bitcoin but I am thankful instead. I am thankful in a way that it helps me financially.I am.using my bitcoins in sending money to my family and pay my bills. So no regrets , just thankful.
I also do not have any regret. although I missed a lot of good chances for making good money, but I think chances always comes and go I should keep prepare myself for the next chance, because bitcoin is always giving us good chances to make money and hopefully that it will continue for a long long time. You're lucky guys clearly. I have a big regret. Before BCH fork, I didn't buy bitcoin for $1.800 and it jumped to $3.000 after 10 days from that day. I was gonna buy 2 bitcoins, this means I missed $2.400 pure profit. Me, my biggest regret is when I withdraw all my earned btc in our local currency. That time I almost earned 3 btc. Years passed when I always think of it I regret what I did before. The value of 3 btc can buy a real state now in our country. Anyway, Lets just moved on. Good thing is its never too late to earned bitcoin and surely will get profit in the near future. Well I have a regret that why I join bitcoin too late my all friends have almost two years here in this forum and I have only six months they told me to join it as soon as possible but I join late in these two years my friends have a lot of things now even one of them he started a business and second one he bought a new house so this is the regret that why I join late. You can happy because you still have chance know this forum and even, you know the method to make money from here. On the world, there are many people still working for bad salary every day. Honestly, I always think I'm lucky person, I can make money without go out my home, turn on my computer and start to work, repeat every day. Yes, you should be thankful that you discover bitcoin but it doesn't mean that you will become selfish from sharing bitcoin because it is best to share bitcoin to the other people so they can grab the chance to work from their home and earn more money aside from their source of income in their job. Sharing is caring so if you know someone who want to earn extra income then introduce bitcoin. |
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Yes, bitcoin can be used as a tool by criminals for their secret activities. It can serve as another way to hide transactions between criminals and their clients because of bitcoin's great features. These can be taken granted by people with those type of mind.
That is really true and in fact, most of the people that encounter bitcoin are located in the deep web because bitcoin is being used in the black market to transact different illegal things or services and they are preferring to receive bitcoin as a payment rather than the fiat because they know that bitcoin is anonymous and it has a high security so they just prefer it rather than the fiat which is too much exposed. |
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Because the value of bitcoins continues to rise despite a lot of scare from big players of this digital currency. Meaning, its usefulness, and relevance to the market become so popular and at the same time a high demand causes to make it rise. a lot of countries nowadays has created their own cryptocurrency...
Even there are a lot of countries that has their own cryptocurrency, it is still not enough to be a good competitor of bitcoin because the price of bitcoin shows a big difference between bitcoin and the other cryptocurrency so it is not easy to tell that bitcoin will be outperformed. Bitcoin will gain more popularity as the year passes and it will result for the investors or holders to gain more profit in the future. |
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I think that's not a wise choice. Despite currently, btc prices are growing quite stable. But I think investing all your money in btc is a risky thing to do. Because in the present circumstances it is not that good for btc.
Every time, every investment that you will do is not a good idea if you will put all of your money into an investment and it is best to just diversify or invest only a few of your money in bitcoin then the rest should be kept in a bank for another idea for another source of income because that is what i am doing so even bitcoin will goes bad then it is not that hard for me to move on. |
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Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins your opinion is highly appreciated.  I think so, if bitcoin die of course the future of altcoin will be disturbed and it seems altcoin possibility doesn't have a future and will die like bitcoin. And indeed, I think Bitcoin is the mother of all altcoin.. which can determine the future of altcoin itself. Did you know that when bitcoin is launched, there is no like bitcoin and bitcoin is directly bought by a fiat money and that is how the altcoins will work in the future if bitcoin will die but as of now, it is impossible to happen and i think that bitcoin will have more years to live in this world and altcoins will also be there for a lot of years because they are like brothers. |
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It is possible to make it especially so that bitcoins continue to grow taller and no one can control it. Its prediction is true because we can see the speed of it so fast that only a few hours later bitcoins are rising rapidly. And if people who hold bitcoins do not sell definitely the price of bitcoins will increase even more.
If the people will hold bitcoin and do not sell it and continue to support bitcoin and encourage other people to join bitcoin and also the country to adopt bitcoin then the price of 20,000 USD in 2 years is so possible and because of the increasing demand for bitcoin right now, it will continue going up and after at least 1 1/2 years, the price will be able to reach that. |
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Ofcourse it's not. Although investing to bitcoins and other cryptocurrencies has their own risks it is not considered gambling since its does not purely rely on luck. Investments and trading whether bitcoin or not requires skills, time and effort where as in gambling in return of the risk you can earn alot per game. Gambling is when you are trying to bet your money and you don't have any vision to what can happen in the future because you are just randomly spending your money into that gambling and that is the worst way to make money for me and it is better to just invest in bitcoin or do trading because it has a higher chance of making money rather than gambling. |
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Most of the children don't know about bitcoin but if children is my son and when we give a gift of my son's birthday , i will give him a bitcoin gift then my son ask me what is bitcoin i'm just told him it is a coin as like coin chalk let but this coin not for eat it is only a real coin as like dollar, if you want to buy some product you can use this coin instant of dollar. So that is very simple to explain teenagers or children.
Bitcoin is a great gift and if you will teach your son about bitcoin before you transfer the bitcoin then it is better. Teaching them first on how to manage their money in bitcoin and what are the things that they can do in order to either get the money from bitcoin or make it grow because of the sources that they can get work on. Bitcoin is like the precious metals that costs too much and it is better to be safe in managing it by teaching them first. |
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Now banks are focusing into advancement and are with plans of creating their own digital token as well blockchain for every transaction. As a part several national banks have made trial runs and waiting for real time functioning. Also few banks have started to invest into bitcoin indirectly knowing its potential.
If i were the banks then i will not create my token because i can do a gateway for bitcoin to be linked into the banks because with bitcoin, they can easily accept deposits and also they can give easy cash out to the people that are using their service because bitcoin and banks are enemy right now but if they will work together then it will make another great system in terms of financial. |
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There are already many establishments around the globe that accept bitcoin as mode of payment. But I haven't heard bitcoin as payment on taxis so far. Maybe because it sometimes it may consume more time? Perhaps another crypto is better here.
If you will use bitcoin for payment in taxi then it will cost more because of the transaction fee and the drivers will not like the transaction because they cannot make sure that they get the money because there is a confirmation in the blockchain that needs to be at least 2-4 confirmations before they get the money and because of the fluctuations they can lose money also. |
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If you want to earn bitcoin for your investment it is so tactic matter. First time you thing who you want to earn ? I suggest you do crypto currency trading. If you work with crypto trading you can make a some and huge amount bitcoin it is depend on you and your investment. if your investment is so big you can make a big money for it. so now start trading and make a easy bitcoin with your investment.
Trading doesn't need big capital at first because it needs more analogy and patience at the first time of your trading because if you will become greedy and if you will put a lot of investment of money into trading then the higher chance that you will lose the chance to make money and you will just lose in trading but if you will invest in more analogy and patience even though your capital is very low, you can still make a lot of money because your analogy and patience will play a big role in trading. |
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Bitcoin is world most valuable and popular online digital currency. I think bitcoin will be never end. Day by day bitcoin value increasing. In future It will be growth. In the future currency most of the people use the bitcoin.
I agree,compared to other coin, bitcoin has more volume and still increasing so it will be impossible for it to replace any other coin. We cannot predict on what will happen to bitcoin in future. In fact, Everything is bound to end, no exception with bitcoin, but hoping it won't let be happened. The end will happen in bitcoin but it will take a lot of time before it happens because the health of bitcoin is still healthy and bitcoin is still strong enough to face all the problems that will be there because bitcoin is a very strong currency and even there is a lot of problems that already occur, bitcoin is still unstoppable and bitcoin is still grinding hard to get to the top. |
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If you don't want to lose the opportunity again then take actions and don't be afraid to buy bitcoin because the price of bitcoin is still warming up and i believe that it will go higher in the next years so if you will buy bitcoin now and hold it for a long time then you can still have profits that is better than losing the opportunity again and again.
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Bitcoin will not fail because the people are keep coming into bitcoin and they are getting more interested in bitcoin and that is the reason why bitcoin is getting stronger and why bitcoin is now one of the most popular thing in the internet. Bitcoin is very big and even though it encounters a lot of problems like banning issues, you can still see that it has a progress that the price is still keep moving up.
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they believe that the value and price of bitcoins are getting high in the near future. Bitcoin price is always getting high as the days goes by and a lot of people are wanted to buy for it and hold in their wallet for a long time. That is right, they are buying and holding bitcoin because of the belief that bitcoin will go up higher in the future and because of that belief they are still holding and not even selling a little bit of their bitcoin because the price of bitcoin is already jump into a very high price and i think that bitcoin will go even higher and more expensive than the prices that we saw in the past years. |
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Well I don't think so bitcoin can not increase the rate of criminality in a country that is highly organize, because to access bitcoin there are so many things that will be at play not like faint money that can be access easily.
The only way I think bitcoin can aid criminality is in the area of arms purchased purchasing bitcoin can be use to buy arms easily.
Bitcoin can increase the rate of criminality in a country or community because as you can see that the bitcoin is anonymous and the people can take advantage of that to use it to transact different illegal things without getting noticed by the authorities. Bitcoin is decentralized so it is very risky for the authorities to fully trust bitcoin since it has a disadvantage. |
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Yes of-course it is risky to invest all, but if you are capable to take risk and can afford losses than you should go for bitcoin investment it can make you good profit in short time and one thing more it depend on your government police also if they accept bitcoin then its good other wise its having high risk of losses in bitcoin with high profitability chances . but then also i my self never go full amount investment in bitcoin
its up to you but before doing that better to learned more and able to set your target as bitcoin always got a big fluctuation each day so if you understand everything you can always make an stop and loss then proceed again after you meet your target by continuously repeating this you will be able to gain much better. That is right, you need to study more and make your coverage wider than before so you can easily understand the events or happenings in bitcoin and you can create an effective strategy that you can use to earn more money in the future. Bitcoin is very volatile and studying or learning how to deal with it will become a great help for an effective earning. |
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bitcoin used as a means of payment is very much awaited by bitcoin users including taxi payments. the fluctuating bitcoin price becomes important thinks if it's for those who want to receive bitcoin as a means of payment not to mention the absence of government support will make it more complicated.
Even bitcoin is a good way of payments even in bitcoin then there is no person that will use bitcoin to pay their taxi fares because that is useless, you need to pay the taxi by bitcoin and you need to pay the fee also and because of that it will cost you more money and it is not a good decision to spend bitcoin because the fluctuating price gives a hint to us that the price can go up higher than we thought. |
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