Are you a bitcoin fan? Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis. But how did you first hear about bitcoin? Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time? Share your experience with us.  I first heard bitcoin in my friend because my friend told me about bitcoin and how to earn bitcoin using trading,investing and also participating in campaign they said bitcoin is the only way that can change your life and also i believe in her my first earning in bitcoin is in the campaign. lol i think bitcoin is not the only way to change your life, but there are still other ways like getting a job in another thing. but to change your life from bitcoin is easier. btw I also heard bitcoin from my friend, he taught me how to business online If the job or regular job can change our life then there will be no employed person who will resign from their job and focus and become full time in bitcoin instead. Yes, there is a lot of people that i know that retires from being an employee and they focus in bitcoin and they treat it as their full time job and they are very happy right now because they earn higher income in bitcoin rather than job. |
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In my opinion the only situation that Bitcoin could die is when we face a major disaster wherein we will have a global lose of internet connection. Internet Connection is our only way to access Bitcoin without it Bitcoin is useless.
You're right.I think that will be the main reason why bitcoin would possibly die.Everyone will be panic for sure because there will be a total block out for internet connection,and if it will happen for a prolong time,bitcoin will surely die. so actually if the internet is die then bitcoin will also die, yes I guess that's a very sensible reason. but I was wondering, what would cause the internet to die? if only because of a major disaster may be in a few days, weeks or months the Internet network can still be repaired, if so we will still be able to use bitcoin. correct? Even if the internet will die or shutdown for a few days, weeks or even months then bitcoin is not dead because if you will realize, bitcoin is just dependable in the internet because it needs internet to do things like transaction or to access bitcoin but its life is not dependable in the internet because it has its own way to support its life. |
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I also observed this pattern in bitcoin that its price is constantly moving and it seems that no one cannot stop this price rally of bitcoin but for me the only thing that i think is, they are just targeting a price and if they will reach it then the whales will start to unload their supply and expect the panic selling situation where the whales will re-enter the market and buy back from the lower prices.
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so true. bitcoins better than gold. if you look at the price comparison of bitcoin and gold .. bitcoin is more fluctuating than gold. gold just rose slightly. not fluctuating so that the gain is easier to get bitcoin. although bitcoins are digital and gold is an object .. bitcoins are easier to store than gold. If you have a lot of gold then you need lots of places to put your gold. bitcoin just need an online wallet .. you can take it anywhere. bitcoin can also be accepted as a means of payment. in certain stores or companies.
Great comparison and your points of comparing those two are correct because bitcoin is a much better investment than gold in terms of profitability and also in being convenient for storing bitcoin and gold. In bitcoin a good hardware wallet or paper wallet is enough to secure your bitcoin, i don't recommend online wallet since they are prone for cyber attacks so it is better to provide yourself a hardware wallet. |
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No its never too late to buy bitcoins, as long as you can afford it, you can buy it, there are lot of companies who sell bitcoins such as coinbase for example and many more.
Bitcoin is affordable anytime for any person because it only depends on their capital. If they want to invest 200 USD then they can do it because bitcoin can also buy as decimal form and not always in whole number so you will not have any problem in buying bitcoin even the price of bitcoin reaches 10,000 USD you can still afford it. |
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i keep my small bitcoins until december they say the prize will boom. but for now i still want to earn and earn more btc and keep what i earn. but offcourse if have emergency and need to cash it out then i will but not all.
I am also preparing for the month of december because most of my friends told me that the price of bitcoin could possibly reach more than 10,000 and that is not a small price but double the price right now and i will not waste that opportunity so i am accumulating more bitcoin and keeping it on my desktop wallet and just keep believing on bitcoin. |
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It will be a long process, I guess. If everyone is holding, sometime soon or later, there will be a demand. And with demand comes high prices. And with high prices there will be surge of people who held their Bitcoin selling them thus resuming the cycle. But if it fully stopped, then what’s the sense? What is the purpose? Sooner or later, demands will drop and so are the prices condemning the bitcoin to uselessness.
I agree with you so i think bitcoin needs a balanced market. If there are holders then there is also trader who will balanced the market because the market of bitcoin needs supply so the cycle will continue because if everyone will not sell their bitcoin then the miners will become useless because they also make profit from confirming transactions so if there will be no transaction then bitcoin will just die and its price will become worthless. |
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Why do people keep bitkoyn? In my opinion, the answer is already clear. It is used as a means of accumulating value. That is, people do not unreasonably expect that the price of bitcoin will increase significantly with time. While this hope comes true. Price bitkoya is rising. According to forecasts for both the short and long term, this trend will continue for a long time. So in this case people do absolutely right.
That is absolutely correct, they are keeping bitcoin because they know that the value of bitcoin will go up and they will earn more money in bitcoin if they will not touch it and just keep it for long term and even in short term they can earn up to 500 USD because of the unexpected pumps and for just a correction it is "bitcoin" not bitkoyn. |
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I dont think that this is gonna happen, just because bitcoin has been the first cryptocurrencie in the market, and all the others were created after bitcoin.
It is like saying that P-cola is gonna be better than Coca Cola, that is insane and will never happen, and everyone can confirm that.
Maybe ethereum could be the first competitor to bitcoin, but it wont be more than the number #2
The chances of making that happen is very low that's why we just have to trust bitcoin now. Price boomed and break another all time high again and that's how people support bitcoin, it has a good success this year and it's continuing, we have to be thankful for this and the increasing adoption. The adoption plays a big role here for the price because of the adoption, the demand for bitcoin always grow into unexpected amount and the investors of bitcoin already got a very huge increase and that is why the price of bitcoin is keep on rising because more and more people are now interested in bitcoin. |
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I think the biggest threat for the price of bitcoin in the next 12 month is the network itself, if the network will not become fast and reliable than the other network of the altcoins then it will affect the price and also the fees per transaction, because of the high fees most of the users of bitcoin just transfer to altcoin and it is a huge threat because if the fee will continue to go up then the price will go down because of the decrease on the demand of using bitcoin.
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If you want create a bitcoin mixer, you should make a good looking site because it is very attractive to the users of bitcoin and most of them like minimalist looking site and also include a lower fees than the other bitcoin mixer so you can get more customers and also do some campaigns like signature campaigns to spread your site and easily get popular around our forum.
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yep my big boy know bitcoin so much and beganing to collect it at 8 years old and he have now about 200$ of bitcoin
Since your boy already knows how to get some bitcoin now you need to teach him an even more valuable lesson, teach to him how to keep that bitcoin, at the moment the bitcoin he has may not be much but in the future that bitcoin may be worth a lot more than it does now, so it is important to not spend our bitcoin in useless stuff that we do not need. Right.Much better teach him how to save bitcoins for future use.I would be very glad also to save bitcoins for my only child.And i'm really starting it now.I have saved just a small amount for now.I am looking forward for her formal education and all her basic needs and wants when she grows up. Wow, you are a responsible parent and even she is just a child right now you are very concern for her future and you are now saving bitcoins and also planning for the things that she will get when she grow up. I will do the same like you if i will have a child and i will make sure that i will put all of my efforts to save bitcoin and money so i will not worry for her if i will die and leave this world. |
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People dont use cash anymore.. everybody use bitcoin now. That is beyond my wildest dream
Even after a few decades, people will not use bitcoin all the time because it is not appropriate for the goal of the government and bitcoin is also very volatile to its price so it is not possible to use bitcoin everyday and i think they will still use cash for the micro and most of the transactions but for the huge payments for example a bulk order then they can save time and money for using bitcoin. |
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This question is all relative. Technically anyone who owns even 1/10th of a Bitcoin now will be rich in the future. It will be worth thousands and thousands of dollars.
I agree with you. Bitcoin can be cost a lot of thousands dollars in the future and that will become the motivation for every bitcoin user because bitcoin will become the huge helper for us to attain or achieve all the things that we want. If you want to make more money in the future with bitcoin then keep accumulating and growing your bitcoin. |
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since I first recognize bitcoin, I only use wallet from blockchain.info and coinbase, I think both wallet is very good because if we move the computer or IP address it will ask for verification.
You should have a bitcoin wallet in your desktop and don't put all the bitcoins or your money in online wallet because they are not worth it to trust. Just download electrum desktop wallet because it is the best wallet for me and i use it for more than 2 years and i don't even encountered any problem with that so i think that is the best wallet. |
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It is not about the name of the cryptocurrency that determines its growth because it is about the project or what is the goal of the cryptocurrency. If the cryptocurrency has a good vision and also projects for the future and goals then they will have a growth to their price and that is what most of the investors look at. They look at the inner core of the project and not only the name.
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from now I didn't earn but i started to join campaign and hopefully my signature will be a success..
about your topic I guess I wiill save it for my future because I am now still study and I need to pay my tuition thats it
I guess thats the only first you doing if you are a low rank, but its better you need to explore more and experience and in that way after you rank you can now easily to participated in signature campaign and can earn a bitcoins or altcoins for trading a bitcoin. For a low rank account it is best to explore this forum and read a lot of topics from different type of titles like in bitcoin discussion, trading discussion and also altcoin discussion because they can learn a lot of things in that section of topics and if they join signature campaign then they can easily give opinions and thoughts because they are already educated. |
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I think it depends of the country, because many countries have already almost abandoned paper money) it will take more time
Even they 'almost' abandoned their paper money then it is still an impossible thing to believe that they will completely abandon their paper money and just use cryptocurrency because if they can't manage to use their paper money then how much more if they will use cryptocurrency and also a cryptocurrency cannot support their country alone because their economy will not become stable and they might experience a huge significant loss in their income because of the volatility. |
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Is it possible to reduce the power consumption of a miner in order to use the energy produced from solar panels?
I don't think that it is possible to reduce the power of mining hardwares because in mining you cannot control the power of the hardwares and they are all maxed out when you are using it on mining because that is how mining works, it uses all the power of the certain hardware and it keeps on working as long as it is still fine. If you want to used solar panels then your solar panels needs to upgrade to have more capacity for mining. |
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i think for now bitcoin is already accepted in many local store in the country which accepting bitcoin and i am sure in future there will be many local store offline and online that will accept bitcoin as payment. but i am personally don't want to use bitcoin to buy, i'd prefer to save my bitcoin and waiting the next increasing price later.
I also love bitcoin to save or put it on trading altcoins rather than buying things using it because it is not just worth it for me and i know better things to put my bitcoin and not on a shopping spree. Bitcoin is starting to take over the stores in different countries and it just need a few months and we can see bitcoin in our country too which is accepted by the small to big time stores. |
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