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No, because as you can see that the bitcoin is an online money or digital currency so by that, it means that it needs a requirements before you will use it for example a internet and a gadget almost all of that have that but some are didn't have that the poor section of the society so by that it means that not all people can use the bitcoin and that is the reason why bitcoin can't replace any fiat.
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Many people need big proof to satisfy that this site is legit ..whats the best way to convince your relatives or friends
Convincing them to used bitcoin is very hard, just show what you do and show them your profit then let them to decide if they want to do like what you did to earn money. More people do not like to used internet to make money and some of the people are scared to invest online. And i think if you already do your part that is enough let them. I'm relate with this because one time I am not telling people about the bitcoin they are one who see my earnings and what I do so people are seeing me to ask how did I do that then I will start giving them knowledge about the bitcoin because you should not ask them about that let them the one who will approach you in that way is it easy to teach because they are willing to learn. |
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
For me the bitcoin is the way to earn in digital world buy jst surfing in the internet and making some online job that is the bitcoin for me. Because the bitcoin itself s a currency use for trading because of it's price. So for me the bitcoin is the way to earn money and to get rich. |
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It's nice to see ETC getting some attention. I suppose the Ethereum Foundation has stopped gradually dumping huge amounts of it on exchanges.
Just goes to show that cryptocurrencies don't all have to be in competition with Bitcoin. Bitcoin's decreasing percentage of the total cryptocurrency market cap shows diversity, not opposition.
Yes, Etherum this year making a huge name by the incredibly pumping of it's price but as you can see many coin now are pumping means the cryptocurrency itself is making a name by the crowd by the massive pumping off almost all coin especially the top currency is the bitcoin. |
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I already join in your signature campaign with the creditbit. I am happy to promote this coin because I think by promoting this the market value price will pump and it maybe become more popular and this coin has a big potential with the coin price. I hope the campaign will continue for a long time. |
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Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
Focusing in the cryptocurrency rather making it a stable job or the main source of income is a good deal but you need a huge capital and you should make your name first or the trust. Because the biggest way to earn in cryptocurrency is making a trading and gambling site so if you could make that successful you can make the bitcoin or cryptocurrency as a full time job. |
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Btctalk name: Yatsan Rank: Full member Current post count: 133 eth wallet:0xF3875b88f37E22e324A474F95A6BeC5868f766eD Wear appropriate signature: Yes I hope I will be accepted sir  |
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Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Bitcoin does not need that, it will be great for us and bitcoin but bitcoin in itself is already very successful it proved that the concept of a currency that is decentralized can work and be prosperous and that is enough for me. Agree with that, it is true that nobody can predict what "exactly" the true future of bitcoin but many predictions are closet to the fact that bitcoin will gain that price and many more. I am okay with that as long as bitcoin price is growing and growing every year and they beat the record that they create every year so I think bitcoin has a brighter future. |
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Which game you played when you earned most of money?
I earned the most is in the dice game because the dice game is very fun for me and profitable because the dice game is have a autobet feature the most that I like and because of the autobet I can play gambling even I am not looking on it. So for me the dice game is a very good game so I earned a lot from that game. |
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We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?
I think it's the same gambling is gambling and betting is part of gambling and the full control is can obtained in the two, So I think that the betting and gambling is just the same in lot of aspects. So In my perspective they're just same that have risk and same that you can obtained a profit so for me they're the same both risky. |
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How does one Put down Gambling for good?
You can quit gambling when you want to quit it, It is easy to quit by just saying to yourself that you will quit in gambling because the decision is always by yourself so I think that you should do it by just wanting it because quitting is gambling is easy as long as you want it. |
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Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
The price of the bitcoin is depend on the people who are buying and selling the bitcoin and with the investors of it because if many people dump they're bitcoin the price will be dumped too but if many people buy bitcoins the price will be pumped so It is depend on the people who are using bitcoins. |
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Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.
Will you invest in such scheme well before it vanishes with bitcoins/money?
I will not invest because the money that I will earn is the money of the investors that being scam, by just joining in that scheme you can consider your self as a scammer too, Because you are spending the money of others that being scam by that scheme. So for me I will and I am not joining any scheme of investing like that. |
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I think the biggest disadvantage of bitcoin is the long time to confirm one transaction
yes its true, you got a point, some bitcoiners are too tired too wait until the transactions are over, and if it is done it has sometimes big transaction fee that causes to lesses the amount of payment they are receiving. that is why people should not use Bitcoin. They should use altcoin instead because altcoins are more awesome and have more features and advance technologies than Bitcoin. Bitcoin is just a leader and soon, it will be replaced by other cryptos That is true the most disadvantages of bitcoins is the traffic of the transactions in the network. Because I can see that many transactions are being delay because many transactions are being made in every seconds. But as far as I know some wallet are adding fee to prioritized the sending and the receiving of that specific transaction. So I think it has been solve but the solution is not that good. |
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I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
Be careful about leaving all of your coins on an online exchange or storage site. The site could close down or get hacked. I prefer to keep some of my Bitcoins in an offline wallet to be safe. That's right it's safe when you are going to save your bitcoin into safe just like offline wallets but for me the web wallet too is safe because they are trusted and the web wallet sending and receiving of the bitcoins is no hassle so for me I prefer to save my bitcoin into the web wallet because for me if I wil save my bitcoins into offline I think that is hassle for sending and receiving of bitcoins. and also in exchanging it into fiat. |
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I store my bitcoin at the web wallet because the bitcoin in web wallet will be safe and the transaction will be no hassle because If you are using web wallet the sending and receiving of the bitcoin will be not a problem as long as you have a stable internet so the web wallet is the best for me.
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Spent the half of it in Dodge coin because the dodge coin price is so small so with just small pump or dump of coin that will have a big impact in the half on my investment with dodge coin besides the dodge coin is one of the most stable coin so It's worth it and low risk to invest with dodge coin. So for me the dodge coin will be the best for trading.
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If you want is the best investment which is you can have a large earning is participate in ICO make sure to read their whitepaper for you to be inform if that ICO have a good and not impossible project, Then you should partipate in that ICO because that will be a huge earning.
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The trading is all about how you will mange your money and how you create a strategy to earn money and not to lose your money in short you have the full control in your money and the investing is just MLM because you have no control on it when you deposit you will just wait for your turn to pay out. And it's risky.
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