Not always better than regular currency,the person who has web wallet he can not transfer BT without internet connection.
Yes the bitcoin is not just the way to invest and to save for the long time but all the people are having the bitcoin to invest and to have the fun with this is the long time holding I can see the people who are holding the bitcoin for the long time and they are buying all the things with the bitcoin even just with the small investment I am now aware of the best power of the bitcoin and the real thing is to use as the regular money. |
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A lot of people are buying Bitcoin for the first time too, this is comes from the report that Coinbase had 100,000 new users in a 24 hour period. They're probably just now getting their Bitcoin.
Yeah they are not aware of the coming time because the bitcoin is now making the value and the price I hope the future of the bitcoin will give all the people a new sense and the bitcoin information now almost all the people are aware of the bitcoin value and the price so I hope the future of the bitcoin is going to be very bright and then we will see the actual price of the bitcoin till the end of the 2017 it will be more than the 7500$. |
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Bitcoin is new era of currency.we can send and receive the bitcoins without any intermediates.bitcoin is good asset.it is very useful for the people.
For sure you are right because the bitcoin value and the price is gradually increasing and the bitcoin will become the number one currency till the end of the year as much as I know the bitcoin is unstop able because the bitcoin is getting more power day by day and this is the reason why all the people are getting in the bitcoin and in the future we will see almost all the people will use the bitcoin. |
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With the advancement in technology, things are getting revolutionized quite rapidly. Since the time this concept of bitcoin was introduced to this world, we have seen lot of positive changes to this world. This project of bitcoin market place and that too for local shopping in indeed a very good idea. It will help you to buy anything you actually want to buy by giving away your bitcoins , the project is very interesting and hope that maximum people will contribute in this project because there is a lot of benefit available for investors.
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Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Government always wins. Cryptocurrencies will be either banned or will be fully controlled by the government, they will not let anything to spoil their full people control project. If bitcoin becoming, the goverment will take control on it, of course tax will be collected. Therefore, bitcoin and local currencies may equal because of that tax and that could be a huge income by the government. But to overtakes from local currencies, yes in some aspects because they are totally different. Bitcoin is just in online transactions, not like local currencies that can be used online and any regular transctions. Yes even if the Btcs are not under the legal currency list of any country yet but all we know is that governmental systems could take the control in their hands at any time .we have a lot many examples of such events the recent of them being china banning the ICO at once but it was temporary of course. China has its own criteria for usage and ban of the virtual assets so as to secure their own national currency. All we can say is that due to the involvement of the law system, Btcs can never take over the physical currency that is supported by the government. |
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Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
The basic rule in this world, if you're not trying to become better, you will be removed. It's the same with banks, at this moments, the facts are banks was a little backward and what they need the most for now is improving it. So they will apply the blockchain technology into their system . A very important rule, which is more like no one is indispensable. A time comes that if something does not give much value as much as it used to before and there is a better alternative, it would be replaced without the people even blinking too much before they do. Although, it would still take a long time before we really see banks out of the picture, that is, if they ever will, and we just have to still keep dealing with them somehow for now. |
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We all know time is better than money. If you want to be a great actors what would you naturally spend your time on? Watching and analysing movies of course. So should trading be different?
Absolute it is not different. There is a saying and I quote this, “Don’t just wait for the bigger thing to come to you, go for it with maximum of your capability so that you can even come closer to it”. So if you want to get big profits then don’t you just sit on sofa and have a cup of tea talking about your dreams, no. you have to work more than extra ordinary for such results. |
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There are many company give you signal that is when coin will be pump. IQ Option give you a signal when and what time coin will be down and pump but all time all signal not work 100%. In this online market there are many site , they give you news for all over coin but you should you need to analysis market and you can found a perfect result.
No brother, you are on mistake. There is no surety of 100% in trading. Business is always unpredictable and so is the trading and insisting. And especially when you are in bitcoin world then the things are totally changing at 180 degrees. Try to make better predictions but don’t just trust them blindly. Like you said, there are companies and exchanges that give you such results. |
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Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Criticized mean nothing, action is something. No matter who criticized cryptocurrency, government should regulate cryptocurrency, or at least regulate exchange and crypto-based business. After Japan legalized bitcoin as legal payment, and its price continue to rise, more countries planned to regulate cryptocurrency. They can't avoid this market, which has been growing and reach over $198 Billions dollars, it's too big to not notice it. Soon or later, every country will issue new regulations regarding cryptocurrency. Obviously it has been made possible already that is known as virtual currency regulation. The best and most powerful states of the world have a complete set of policies regarding the use of cryptocurrency and thus providing a higher level of security to the users. United states of America have a separate setup for the sake of regulatory authority known as WASHINGTON STATES DFI that considers the use of virtual assets as money transmission under the set of the own policies. |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
The basic principles of marketing is with high demand and low of supply then the value will increase this simple concept will explain your entire question. There will be no accurate predictions if you want to know when the price will rise or decrease it will always be depends on the flow of the market. Yeah the bitcoin is being unique because the bitcoin is being famous and the bitcoin price will increase more and more I hope this will be the fame of the bitcoin that will make the bitcoin volatile as the value of the bitcoin will increase more and more. I can see how fast the value of the bitcoin is now increasing at the high level and the time is not far when all the people will start buying the bitcoin because of the highly increasing price. |
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The biggest risk of holding Bitcoin is loss all your money if your bitcoin account are not protected your bitcoin account can quite be hacked
Loss your money when price of bitcoin is dump but i dont believe this case
Who says holding will lead to the loss and hacking is now in the past man now security protocols are so good that this wallet cannot be hacked so hold as long as u wish there will be no loss for investor and I am holding my coins from last two year I never faced a single penny loss so how are you saying this that this can give you loss give example man everyone needs proof about this. In dump holding is all you have. |
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bitcoin price will hit 10k$ soon. But still some bear trap here. Dont enter bitcoin right now.
you can invest now even bitcoin is low because some altcoins drop down,you can invest in that like me i invest in xrb and xem i always buy if some altcoins drop down i think after the fork the price of some coins will get high then i will sell mine in that.I think also in that time bitcoin drop down so i will invest also Well if you're planning to hold for quite some time, yeah now would be a good time to go shopping for alts. Btc will probably continue its upward probably until the end of he year. Next year would be something to look forward to if we end past 10k this 2017 Holding for longer terms will give a lot of profit just think about those who bought bitcoin in 2013 and how much they are earning now and most probably you will also get a lot of profit and I am also doing the same thing and I know one thing that 10k mile stone will be achieved soon but I am aiming for more than 20k and that requires a bit time for that and I will hold till my desire profit will not hit the market. |
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Well, In my country, Vietnam, The State Bank issued a notice banning the use of bitcoins and similar virtual currency in Vietnam. According to the notice, valid forms of payment in Vietnam are only checks, payment orders, payment orders, collection orders, and other payment instruments as prescribed by the State Bank. Illegal means of issuance, supply and use of illegal means including bitcoin and other similar virtual currency will be fined from 150 million to 200 million VND. According to the announcement, from January 1, 1818, the issuance, supply, use of illegal means of payment such as bitcoin will be prosecuted for criminal liability. The State Bank's announcement does not explain the reason why the ban on using bitcoin and similar virtual currency.  There is no need to get worried about the situation. Your country has banned the usage of bitcoins but trust me it is going to be a temporary ban .There could be many reasons behind this step and obviously the government is not answerable to you for implementing such a crucial law. The possible reason behind it would be the decline in usage of your own national currency and some cases of corruption and misuse of virtual currencies. |
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Which other country are you expecting bitcoin to be popular if not the advanced countries because they have the resources to explore new knowledge when the basic need if their existence has either been provided or the means of getting it is not unattainable. The social amenities are there electricity, accommodation, water, gas etc but comparing this to third world countries you will realize that all these things are luxuries and chasing after them does not give the time to search for new knowledge.
Most of the Bitcoin users are from developed countries simply because they have all the resources available at hand for their uses as well as collection of more BTC through online system using Internet facilities at lowest available prices .Whereas the other basic needs such as electricity are all time available in their country. In comparison to highly developed society third world countries lack most basic requirements for developing in the terms of Bitcoin usage. Therefore a lesser number of people from those areas are actually involved in the word of cryptocurrencies. |
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Before you choose, study hard about what coin is best to invest eventhough there are lot of coins you think are good. A lot of people said that bitcoin was good because it keeps on increasing other said that altcoins are best. You will decide on that.
Well if we're talking about which cpin to buy today, then i'm not looking anywhere else past btc. Ride the bullrun. Though if you're planning on holding for an extended amount of time, altcoin prices are down in general so maybe a good time for it as well. But surest would definitely btc Exactly! You actually need to put in lot of efforts and you need to have good amount of knowledge about all the coins which are present there in the world of crypto currency. Only then, you’ll be able to decide which coin is the best coin to buy. For me, the best coin and in fact the top rated coin in the world of crypto currency is none other than that of bitcoin. I will go for buying of bitcoin. |
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in this year bitcoin will go in 8000 $ or it could be d early 2018. So, For this reason I want to buy bitcoin and altcoin.
If we look at the market value of bitcoin since the past few weeks, then we’ll get to know this thing that the market price is continuously increasing and it will continue to show same kind of behavior in the future as well. So buying the bitcoins at the very present moment will help you in earning some good amount of profit in the future. You only need to believe in bitcoin for your better tomorrow. |
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In the traditional investment systems there are areas like stock exchange, real estates, commodity market, forex market. Then there are hedge funds, mutual funds, equity, debentures. Next in line are precious metals like Gold, silver, diamond. Years after year and decades after decades when mainstream economics was convincing people that how one of above is better than other as it is giving returns in the range of 8% to 9% at max 10-13% a new revolution named bitcoin is rising and spreading across the world. Bitcoin has defied all conventional knowledge about return on interest. Surviving each negative publicity and doubts, incidents like mt. gox and still growing better than ever.
What do you think why bitcoin is the best investment than stocks, real-estate, gold or any other conventional investment?
It is probaly how the bitcoin works on the vlaues that may take up to vast mysteries of its limits and the rate is incredibly high and fast pace that no other currency could keep up. But some stock takes forever to grow but has a potential to grow a nearly millions of dollars if you have the right money for it but the risk is high and bitcoin is not. There are no mysteries in bitcoins. You buy, you hold and hope that the price would increase in the future. And so bitcoin price increase many folds if you have investment this year alone, so its gonna be better than stocks who I think remain stagnant for their year and bitcoin may have something to do with it because for me stock investors are getting into the picture right now. Because bitcoin is really a good investment but unlike stocks bitcoin price continues to grow overtime. Bitcoin is now more beneficial than any other investment in this world and people who are investing into stock before they sold their shares and now they are coming to btc because it has already crossed 7.5k and on top of it this is just beginning and there will be a lot of people who were in real estate and they make good in a month but bitcoin gives them that revenue in only one week so bitcoin is best than all. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I don't think that Bitcoins would be as popular since the whole idea behind the bitcoin trade is the fluctuating prices. If investors didn't see their bitcoin value grow, why would they even bother investing in the first place? Agreed! The most important thing which has really helped bitcoin a lot in gaining this much of fame is none other than its volatile nature. The thing is bitcoin is never going to have stable price in the future. In case this thing happens, then I am afraid that it will be very much difficult for bitcoin to maintain its reputation because the only thing which is helping bitcoin to earn this much of fame is increase in the market price. |
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I think, btc becomes unstable since 2016. If I had enough capital, I would invest in BTC. And I think $650 was a good bet. it is obvious that there will be a correction of the price and price will be stuck with $4500-$5K.
It is just my opinion. But it is very risky time to invest for any trader as price is too high. And I do not see any sign of crashing under 4K but it is crypto. Anything may happen. Please do not accuse me if any thing bad happens
There is no reason to deny this fact that it is not only bitcoin which is having volatile nature, in fact all of the currencies which are there in the world of crypto currency are volatile in nature. I am very much satisfied with the performance of bitcoin and I believe in bitcoin more than any other thing. There is nothing to be afraid of. This is just our assumptions that big crash is coming. |
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according to my opinon now world is developing very fast and people have very less time because people became very busy so i will prefer electronic money as compare to physical money because electronic money system is very fast and secure and easily transferable to any country.
If we make a comparison of electronic money and physical money and that too in the 21st century, then we’ll conclude this thing that people are showing lot more interest in electronic money as compared to that of physical money. The only reason which is making electronic money lot more feasible than that of regular money is that it is not only helping the people in fulfilling their daily based needs, but it is also helping them in making money. |
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