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.
Bitcoin is a currency not a gambling, maybe the gambling they are talking about are the things we do to earn bitcoin. Like on some campaigns where we risk our time and efforts even if we don't even know if it is going to be successful. That is what I called a gambling. And I believe the real world has this kind of gambling, where we risk on things that we don't even know what will happened. So everything is a gambling I guess, all things we do are all gambling's if it has a risk of being a looser at some point. So bitcoin is not a gambling, it is what we do to be a gambler! We can't says that bitcoin is not gambling, because for me joining or investing amount into business is like a gambling. Due to there were no assurance that we were lost or win in the business, however sometimes we need to take the risk. Because if we can't take the chance of risk we don't know if we are earn income or lost of capital. To avoid loses just think 10x before make a decision if you can invest or not. Everything has its own risk and it is really up to us if we are going to take that risk for a better change or not. Bitcoin is not a simple investment because it has a high risk based on its volatility and that makes bitcoin as a gamble but if we gamble with a high potential investment then there is no hesitation that it will become successful in the future. |
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whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
I think that the only positive thing that will happen for the regulation of bitcoin that has been done by the government is they can secure that bitcoin is on the right way and it cannot be used by the criminals to do things such as stealing money from people and creating different scams using the cryptocurrencies. |
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Government will surely do that because that is how they are going to make some profits out of the cryptocurrency exchanges. Government will always try to regulate bitcoin and they will surely make some laws that will put tax on bitcoin and other cryptocurrency exchange so they can make a living out of it even they are not investing in bitcoin.
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Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down! Who will agree with me?  I agree with you. China doesn't have any intention to bring down bitcoin, in my opinion, because a lot of Chinese investors are in it. But the banning of ICOs is what I think the main objective of the China. Their government are trying to look after these ICOs which, in the first place, are not taxable. China is a developed country, and they will always find a way to put tax on these ICOs. I agree with you, china wants to tax the ICO because they need some money to continue prospering their country and to continue to sustain their huge country needs and for the development also because if you will tax at least 12% for the ICO then it is already a lot of money for them so they are just trying to regulate it so they can do some controls in it. |
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No , apparently its not too late to buy bitcoins for sure because right now bitcoins still Haven't reached their expected value and till december 2017 their value is going to increase day by day thus, if you don't buy bitcoins eight now you would have to wait for a long timw for its value to get down again but then again its not certain if their value will get down or not thus it soley depends..on your luck.
Right now the value of bitcoins is low in my opinion.
The value of bitcoin is low for sure because it deserves more price in the future because it has an awesome features that can be used by any people in the world and it can help a lot of people and can change their life too so without any doubt, bitcoin will be cost even more expensive in the future so it is not too late to buy some. |
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I've been talking about Bitcoin to family, friends and random people for years and nobody seemed to mind when BTC was under $1000. But now that Bitcoin has reached $2000, people are starting to realize that owning 1 BTC is beginning to be out of reach for the average person.
I've had more people ask me about Bitcoin lately and wanted help buying Bitcoins. What about you?
My cousin has been asking me about ways on how to earn bitcoin. Since i'm just a jr. Member i told her to visit the bitcoin discussion to know the informations about bitcoin i also have a friend who ask me but when i told her she didn't seem to be interested. Maybe if she can see me having my own money she'll start earning bitcoin too. You don't need to show to her that you are actually earning money because the people that who are opportunist doesn't need too much explanation because if they will hear that you have something good like an opportunity to be grabbed then they will do it because they know that if someone share some opportunity, they must say yes and just ask it how after they said yes to not waste any opportunities. |
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I guess there's totally no risk involved in investing bitcoins.Even though we have to keep some things in mind.
We must keep.our wallets safe and never forget it's password and always have a backup.The best option is to have a cold storage which cuts down your risk to zero.
The second most important thing is to avoid spending the bitcoins you invest because the key to good investment is to have patience and withdrawal at the right moment.
There are risks in bitcoin investment and that is the volatility that can lead you from getting negative profits and if you don't manage your bitcoin well then you will end up selling because of the temptation and the second risk is the security because there is a lot of hackers out there that are trying to hack your bitcoin wallet so you need to be careful. |
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This could be bad for bitcoin to experience or to have too much hard forks in this year because it is just making the name of bitcoin garbage because they are creating too much coins that are like bitcoin and it is better to just stick with bitcoin and make improvements without cloning bitcoin or making another new coin.
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I have a local wallet which i store my bitcoins and it is very easy to convert from bitcoin into cash or vice versa because it has a real time rate for bitcoin which is a really big help for me and because of that local wallet, i can withdraw my bitcoins easily and without any problem but after the year of 2017, i will not withdraw my bitcoins anymore because i will hold them for a year.
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I think that the fees after the segwit will be lowered because the network of bitcoin will become faster and more efficient because of the bigger sizes of the blocks so i think the miners will have more chance to confirm and make profit from bitcoin and because of segwit all of the people who are in bitcoin will get benefit for that especially the bitcoin users who make regular transactions.
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If we are going to pay small expenses in taxi using bitcoin then just think for the fees that you are going to pay using bitcoin so i don't think that it is a great way to pay things up because if you will pay only a small amount of money using bitcoin then the fees will double all the amount that you will be paying so it is not practical for a conservative bitcoin user.
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Bitcoin has many advantages. It is decentralized, anonymous. Also, the fact that no government has control over it. I think this is the money of the future аlthough it has several disadvantages as well. This is a great source of extra income for me. And a great investment, as its price continues to grow.
Bitcoin has its advantages and disadvantages but it is more likely a more on positive side of bitcoin and that is why it is a good currency and also an investment that can help us to change our way of getting source of income and also it can change how we work in order to get some money because with bitcoin, we can earn money in just our home. |
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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.
I also do not really understand with people who say that bitcoin is gambling, which I know is to buy when the price is cheap and sell when expensive, then we take advantage of the difference is a legitimate way of trading is not it? where is the gambling where? The gambling in bitcoin is the future of the price, we can't really say if the price will go higher or not so it is not that easy for us to risk our money because of that threat for our money but we need to gamble our money or risk it in order to gain something better than we could ever imagine and that is how we can become successful in life. |
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Bitcoin will have a role to play in the future because it will help people to pay things faster than before (fiat currency). Bitcoin is also secure so i think that there is a lot of people that will use bitcoin for some serious payments like more than 6 digit dollars and so on. Bitcoin is a very convenient currency and people will surely love it.
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It is a bit strange for a cryptocurrency to have 2 forked coins because it is now a bit of unusual scenario and i think it will have a huge effect in the price of bitcoin because people will think that bitcoin is just degrading and its price will not become high because the community might be divided into 3 which is not a good thing because the demand will be divided also.
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My plans for it is to hold it for a long period of time. I know Bitcoin can be a huge thing in the future. And I do not wanr to waste anything.
That is right, just hold bitcoin for a long time because your speculation is correct that bitcoin will be a huge thing in the future because of the demands that are keep coming and bitcoin can be one of the best money that we can use in the future because of its features so if bitcoin will become accepted in major countries then it will cost a lot of money than it costs before. |
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I consider it entirely wrong to compare between Bitcoin and Ethereum, as its mismatch. You could compare between Ethereum/Dash/Zcash, as that is what makes more sense and sensible comparison. I currently find Ethereum the BEST after Bitcoin due to more stability as compared to others. But then, it’s just my view.
What is wrong in comparing bitcoin and ethereum? You can compare all of the cryptocurrencies if you want to so there is no reason for complaining about comparison between bitcoin and ethereum. Bitcoin and ethereum are both good cryptocurrency but i can say that bitcoin is still better even though it doesn't have smart contract feature because bitcoin got a lower amount of supply so the price of bitcoin will pump faster than ethereum. |
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I would like to say that" focus on both " both are good and necessary for our life.Job gives us stable income every month,but bitcoin cant give us stable income.some it give us to much profit and sometimes its decreased a lot.
I agree with you, focusing on both things is the best because it will help you to get two sources of income which is great for a person who want something stable and kind of aggressive source of income. Bitcoin and a regular job will surely help you to earn more money than the others and if you will earn enough money then that is the time where you are going to leave your work and focus in building your own business. |
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Anyone bought drugs with bitcoin and what are you thought on the subject ?
i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.
Its not possible to buy drugs with bitcoin in my country.Bitcoin and drugs both is not allow here.So i didn't bought any drugs with bitcoin.But may be its possible into dark web. How can you do some work in bitcoin if bitcoin is banned in your country or forbidden? I don't think that you are still able to do some work with bitcoin if your country doesn't allow it there. I think you are saying that bitcoin is not yet legal in your country so you don't have any known place where you can use it and there is no doubt that even drugs are allow in your country then you should not buy it. |
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of course, bitcoin is my salary, other than that easy to use bitcoin this can be a means of payment when I become an employee in another country and this is quite interesting to all circles.
Have you considered the fact that bitcoin may be declared illegal in your country later on? This has been happening in many countries and its not something that I support obviously but I look down upon. I would prefer to have my salary in fiat only because of its easy usability in every place as soon as I acquire it. Bitcoin is not yet that popular in many countries and some merchants will never accept it. I hope they realize their mistake soon and they start accepting it - which will also increase the acceptance of bitcoin. That is right that the popularity of bitcoin is not yet big so the acceptance and the adoption for bitcoin is not that wide so the possibility to use your bitcoin from your salary is not that convenient because it will be hard to spend bitcoin so it is still better to pay employees using fiat because it will help them to spend it immediately to the things that they need to buy and they will not become worry for the volatility for getting positive or negative profit because fiat is not like bitcoin. |
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