Its both good but I think that selling is now the best thing you can do right now, this because it has a nice worth right now.
You can now instantly make some nice and good profit than.
Did you notice the decline in price in last two days? It has gone down more then $100 now, so I don't think we should sell it now, better to hold and sell when it touches $800 mark. |
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Nope, I do not spend them active at all, you can now better hold on to the bitcoin and hold it for a while to make some good profit.
Spending is just not smart at all this time.
Exactly, its a smart move to hold coins for now, as we are going through price drop at a moment, so its better to hold for next couple of days and spend when price goes higher. |
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I like bitcoin more because it at first sight digital and also due to the fact that with the bitcoin can also easily pay things with and with the gold this is not the fact at all, its even difficult its more a real investment.
Bitcoin is good in short term but if you are looking for investing in a long run then gold is an better choice, as we don't know how long bitcoin will survive, but gold will never disappear. |
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I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
I do not think that would benefit the user at all, I think that it would be a negative thing because if they are spending there Bitcoins at stores then that means that they miss a chance to make moeny with the Bitcoin. I also think this is true if they are spending it they will not make profit and they will even lose profit compared with holding. You can already make some good profits with just holding the bitcoin for a while these days.. Holding bitcoins at a moment is the best thing to do, price has gone down now so you cannot afford to sell at current price and if you want earn higher profits then you should hold it for next few days. |
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I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
I do not think that would benefit the user at all, I think that it would be a negative thing because if they are spending there Bitcoins at stores then that means that they miss a chance to make moeny with the Bitcoin. I also think this is true if they are spending it they will not make profit and they will even lose profit compared with holding. You can already make some good profits with just holding the bitcoin for a while these days.. Holding bitcoins at a moment is the best thing to do, price has gone down now so you cannot afford to sell at current price and if you want earn higher profits then you should hold it for next few days. |
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i think there is no comparison between bitcoin and gold. gold has its own value and bitcoin has its own value. i think we should not compare it with each other.
But you need to compare when it comes to investing money, as you will invest only in that product that can give your best returns in future, so I will choose gold over bitcoin as gold will always survive. |
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for me save money is buying GOLD it's very save rate for saving money in long term.
The sad reality is that there are plenty of poor souls all over the world that works only to pay bills and sometimes need to make a loan in order to survive. Majority of the people in the world are still enslaved by debt, and we can say that it is because of their limited control over their own money. Regulations here, authorities there, banks and financial institutions that will strangle you to death with those taxes and fees that aren't really necessary. yeah right this is our world we are all the same even we are not the same country.. investing gold i think it is only for rich people how about the poor people they cannot afford to buy gold.. so the alternative is bitcoin and do it just for hobby saving it to your wallet and wait for the price increase just like now the price of bitcoin is increase fast.. than gold.. yeah and bitcoin gives us an liberty to buy even in small parts, its not mandatory to buy full btc, and buying in small parts is affordable to majority of users. |
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I can't use my bitcoins actively cause i don't know where i can do this, usually i am just exchanging my bitcoins into fiat to get something in physical shops.
Its good that we are not able to spend our coins now as that allows us to save our coins for future and if there is any emergency we can convert it to fiat anytime. Yes if we were able to spend it many people would have used their coins for purchases and not holding. Thing is ultimately bitcoin will be used for spending etc. If everyone will keep on holding their coins then it will not take price of bitcoin higher in future, we need to spend bitcoins and that is what its meant to. |
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selling it at this time seems a bright idea to me right now. who knows what halving may bring.
You can sell now as price is very good at 750$. or you can still wait and wait for more rise in the price. Its all depends upon you on when you wish to sell and what the profit is OK for you to take. Yeah if you are satisfied with current price then you can sell your coins and secure the profits or else if you are looking for additional profits then you should wait for some more time. |
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I've noticed that there are many people who approach bitcoin as though it were some form of "get rich quick" scheme. But, in reality, the true value of bitcoin is transmitted through its utility. As long as an equal day's wage is exchanged for an equal day's productivity, the system will be sustainable. Yes, early adopters were blessed with the fortunate opportunity to be "in the right place at the right time" but that was only because they were the first to recognize and understand bitcoin's utility and that "blessing" was just a side effect of the larger picture.
If bitcoin's monetary value increased without bound, then the experiment will fail. Only when bitcoin can be exchanged with equity (labour hour for labour hour, productivity for productivity) can it be considered a success. If bitcoin is held as an investment, and bitcoin's price continued to increase at the expense of late adopters, then wealth will centralize as opposed to distribute....
So, when we're pondering the direction we should be guiding bitcoin, should we approach it as an investment opportunity or as a vehicle that opens up freer and fairer access to the global economy and the world's resources? Is bitcoin a "get rich quick with very little effort" opportunity or is it an opportunity to bring about social and political change by taking back control of our personal productivity? These are questions we should be asking ourselves....
Thoughts? Does the price of bitcoin really matter, or is bitcoin's utility where value is realized?
Yes of course the bitcoin price is really important to all bitcoin users and all of its investors because they are relying on its price it would be their lost if the bitcoin price is dumped . And it would be also our lost what if bitcoin price goes down what would you do to your coins ? . By the i found this topic very interesting . Keep it up . Yes and I think we all are earning or using bitcoin only because it holds certain price, if there is no price then no one would be interested in using if for sure. |
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I am into using bitcoin as currency but it would be impractical if i wont take advantage of Bitcoin price increase. So I can say if there is an expected price increase, ill be holding it until i feel it's time to sell or use it. Then accumulate once the BTC become cheaper.
That is the right strategy to follow and you cannot afford to miss any opportunity of earning profits from it, if price goes higher you should sell and again wait for price drop to buy. |
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I think the only steady way to earn bitcoins online is signature campaign and faucets. For faucets it's quite low and it's not worth but on signature campaign, they rates are good.
both of them are pretty low amount for payment, so they are not good enough especially faucets that is absolutely waste of your time and you should never even consider using faucets. if you want use signature campaigns instead. Signature campaign is the better option in compare to faucets, you can earn atleast descent amount from campaign but the payouts from faucets are too low and it is time consuming process. |
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Hello I have spent my bitcoins on a cloud mining website, and i am wondering if there is anything i can do to earn bitcoin while i wait for that, just keep in mind the following: I have no skills except for making offensive jokes, I don't have a job because I am a student, and I want to try and trade bitcoins :/ any answers would be greatly appreciated Kind regards -Some guy on the internet Just going to pop this address here: 1HNCH7C2zYTufQQ8ESSdnDs9EgfzVChMBS I would not recommend donating as the only thing you will get in return is a thank you from me  There are lots of ways to earn money, if you have skills to trade then you can start bitcoins and other alt coins trading to earn more bitcoins And if you don't have skills and knowledge for that then you can try to buy bitcoins when they are cheap using fiat and then sell them when they will be expensive Yes if you don't want to make any efforts in earning it then you can simply buy it and hold for future and I am pretty sure you will make good profits with it. |
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Teaching someone is not an easy task as you don't know what is the mentality of that person either he have faith in new technology or not, so its better to explain them in simple way.
Exactly said, you need to just give them the start by explaining all the advantages, potential and survival compared to other digital currencies. The remaining is in their own hands, if they're interested sure they'll ask more details to us or start learning through various sources. Yeah we need to explain them the basic things of bitcoin like how can they earn from it, how it can be used for money transfers or for online shopping, that may attract them. |
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The increase on price of bitcoin right now will make the future of bitcoin become bright and great. Because many people will use bitcoin soon and in the end, all people will using bitcoin.
We cannot expect that everyone will start using bitcoin in future, but adoption level will go higher for sure which will take price of bitcoin very high. |
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First heard of it when it was around $7/Btc... First bought in not so long ago, at $300.
You bought bitcoins when it was priced at $300? That's not too long ago? I don't believe so. That's like over a year ago. That I believe is already long ago, since the price of bitcoin has more than doubled since you bought your first bitcoin. That must have been quite a profit, eh? Yeah and I bought when the price was $250 in April 2015 and the current price is $775, so I am in the stage of huge profits and I can afford to sell even at this price. |
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It is very good price for those to buy who missed buying at 230 USD range and were expecting it to drops more but it happened other way.
Bitcoin's price is to increase steadily till halving so still it is good price to buy and hold to make some profit over the time.
I will not buy now I will prefer to hold as I cannot afford to buy with this price, but if you have money then you can still buy some coins and keep for halving. |
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for this time it is not a good idea . it is not profitable to invest on bitcoin right now because it is continuing to go to the higher price you might just sink your money if buy bitcoin for now it is very risky to draw money .
Its better to wait for price drop in next few days, as current price is too high for making an investment, I would prefer to hold my coins for halving. |
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Most of people will learn bitcoin and will use it day by day not we think 6 years later and i m thinking six years later everyperson will used it it is not imposible but i dont think everyone will use it but if we can say like that, most of people not everyone it can be realistic idea for me
We will huge increase in adoption level and that will also take price of bitcoin higher, but we cannot expect that people from interior parts of the country will also be using it. |
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The future wil be verry good for the paper money for sure i dont understand why people think that the paper money will disappear later becasue that wont happen.
You are true that in the future it is impossible that paper money will disappear or will crash, but it is also not improving, their governments are not working for their development any more and they are remained as they are and I think will be. Government will never make any efforts in improving it as they know people don't have any other option and they will keep on using paper money, but bitcoin will change things in future. |
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