i used to plan this way a long time ago, waiting for the price to go down so i can buy, not only bitcoin buy also altcoins that i was planning on investing in. this has only lead me to miss out on some good opportunities to make some serious money.
finally i decided to buy at the latest dip and never look back. and now i have my cold storage full of cheap coins and i add to it from time to time if my low bids are filled.
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right now it is a good time to buy bitcoin, the price has just gone down a couple of bucks which makes it a good low price to buy before it starts going back up to $420 again.
but i would still keep at least 10% in gold, cause i like to diversify my portfolio.
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For every one merchant who stops accepting bitcoins there are 100 who starts accepting ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) and for every $10 that the price goes down i and many others are waiting down there to buy for 10 times the amount.
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@marcotheminer and @Bitcoin_BOy$
i have sent you PM with the problem about my upcoming payment regarding the bot reset and missing posts. please check.
EDIT: thanks for the fix.
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there is no place around where i live that i can play gambling games offline, so until now i never had the chance of playing in any of them.
but i enjoy playing in online casinos, especially playing simple games like dice with bitcoin. i can start with a very small amount or even use their giveaways to give myself a small edge.
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it is hard for me to come up with an exact number, because what i have invested in gambling sites is very small amount in total, i have mostly gambled with faucet, giveaways and things like that. so i don't know exactly how much i have lost from my own money. but it shouldn't be anything more than 0.1BTC
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Buy low(using localbitcoins), sell high.
how do you buy low on localbicoins. Almost every ad on there I see is above preev real time rates and youre paying a minimum of $40 difference for a coin. you have to be a trader on localbitcoins to do this not someone who is passing by. this means, in your orders you place a buy order saying i am buying bitcoin $10 lower than market price and a sell order $10 more like what they are all doing with different spread.
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I think it's because other people are still new about cryptocurrency.
Yes you right, and also people don't know how bitcoins works and how much the rates for 1 bitcoin. I also have experience about that. it's hard to introduce bitcoin to people who don't understand about bitcoin. Its really hard to explain to people if they are not interested and just trolls you, eventually when bitcoin is mainstream then maybe you can mock them back. maybe you guys are doing it wrong. i have been talking about bitcoin and introducing it to the people around me for around two years and have never encountered someone who ends up trolling me, or laughs at the matter. you gotta stick to the facts and stay away from any speculation like bitcoin will be worth $10K or to tha moon. just state what bitcoin is currently is and what you can do with it.
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i don't get why would someone choose to call a friend in case of emergency! emergency services like police, ambulance,... can get there much faster than my friends can. maybe it is good for some country that doesn't have a decent emergency service.
those devs should spend their time and money on something that has practical use.
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Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
I would say buy a decent gpu or two, it will be good for gaming anyway ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) i agree. this is a good option. this would be two birds with one stone. he can use it for gaming and also there is always option for mining, of course mining altcoins is what i mean. it requires some searching for the best option and selling the mined coins at good prices for profit.
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bitcoin has been growing so far, in a sense that there is always new people who find out about bitcoin and start buying it. also there has been new services that start accepting bitcoin every now and then like steam is planning to do. so if this way continues to stay the same and become increased i am expecting a lot more popularity and as the result, much higher price.
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if all the expectations lead to something in the end, i mean the expectation lead to more demand and then the following rise and more demand because of the rise then i suppose the final price is going to be at least $800 and maybe even more.
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i think bitcoin will be around in 5 years. that is for sure, i have no doubt. even the crappiest altcoins with minimal support stay around for a couple of years after they die. so there is no doubt that something like bitcoin with this many people using it and supporting it can survive for a long time. besides bitcoin is a lot better than all of those altcoins that i mentioned, and if there is any small issues they are going to get fixed over time. and the price will depend on the state bitcoin is going to be after 5 years, my opinion is that bitcoin will be popular and the price is going to be higher than $1000
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in trading you just have to get your feet wet. stop worrying and start trading. the awesome thing about trading crypto currencies is the fact that the current exchangers (with the exception of one or two) will not restrict you to buy and sell big amounts, so you can test the waters for the first couple of weeks with small amounts like 10K or 20K satoshi and even if you lose it all it doesn't matter because you have learned something with smallest loss/
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with $20 you can enter altcoin market by starting to trade. but you need some knowledge and experience to be successful. but don't worry it is not that hard, it only takes time to learn. p.s. forget about cloud mining. it is waste of time, and you will get scammed most probably. to get like 10-15% per year, I'd need something way more good.
oh really? you want to tell me, that 15% guarantee profit by bank is not enough for you? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) bitch please.. it is the inflation, and it depends on the country you are living in. in some countries even 21% annual profit is not enough (and i say this from experience!)
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it has never worked before and i have tried it many times! it might be bug or it was disabled
p.s. you should ask this question in the Meta section since it is related to forum code.
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Both can be very good. Because we all hope that the value will rise in the future and that we just can have some profit later in the future. But we are not for sure. It can also that the value will fall and that would be really bad. It is also a good time not to sell it for some people.
it depends on the time and the state of the market. by the time this topic was created it was a different story. sometimes it is good and sometimes you have to wait and see, right now it is time to buy. also it depends if you are planning on holding for a short term profit of planning on holding for a couple of years and then take the profit. in this case it is always a good time to buy before the mass adoption stage of bitcoin.
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Its good now to sell everything. Because you never know what will happen with the value later and that is the problem. The value can also be going down. And that will be not good. The value now isnt even that low so that is also good to sell it. We will see what is going to happen with Bitcoin.
Have patience mate, you will see better price in next few months, and if you sell now then you would regret in future so its better that you hold it or sell a small amount of it. the market is never completely predictable so all we can do is to invest what you can afford to lose. you can't just buy bitcoin with all the money you have and then sit there and wait for the price to go up by looking at a monitor all day.
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this is stability is not a bad thing. it is only bad for those of us who want to make a profit from swings as day-traders.
but for bitcoin, in order to become a valid currency like dollar, euro,... the price needs to become more and more stable. besides we are not at a stable stage yet, this is just temporary and going to change sooner that you can think.
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both of them are bad services for me, i always prefer a wallet that i have access to private keys if anything happens i can have my bitcoins.
but if i have to choose between these two i would choose Coinbase. the services they both offer are somewhat similar so there is no difference for me there so i choose Coinbase because it is an older more popular service and i like the looks of the site.
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