I hope bitcoin is accepted by merchants near my house, I hope I already own more than 1 btc when it happens. I also wanna be a good bitcoin trader.
What is the connection of being accepted of the merchants near to your house from being a good trader? Even bitcoin is not accepted in the stores or merchants near to your house then you can still be a good bitcoin trader because it is being done online because bitcoin can be only traded through it so there is no reason to wait for the merchants to accept it. |
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Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I store my bitcoin in my wallet especially the coins.ph wallet because as a filipino it is the best wallet for us where we can convert our bitcoin into fiat. Storing your bitcoin on an online wallet that doesn't give you the private keys is not safe because you can't fully control your money there and they can do whatever they want to your account so if you are planning to store your bitcoin then use other wallet like electrum which is one of the most trusted and safest bitcoin wallet available. |
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I don't think that bitcoin will be killed by bitcoin cash because bitcoin cash doesn't have enough amount of user and a strong community to take over bitcoin and bitcoin is already here in the internet for a lot of years and despite all the competitors, bitcoin doesn't show any points that it will be killed by another cryptocurrency. Bitcoin will stay and it will become stronger for the next years and none of the cryptocurrency can take over bitcoin.
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for me i invest it on buying alts coin on trading. some i buy for the new ico token that i feel will make me more profit on it. i do read a lots and make a research on it. see feedback from other peoples and look if the devs is very active or not.
Research and a lot of research is the best for a person who want to buy altcoins and that can be a bridge for you to walk from being poor and go to the other side of being rich. Altcoins are more volatile than bitcoin so it is very fast moving and if you will buy the right coin then you can earn money easily but it is not easy because it needs a lot of research before you reach the point that you will just need to harvest profits. |
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We underestimated bitcoin and we just think that bitcoin will not go anywhere because of being unstable on its price and that makes us scared for holding it in a long rub but if we are going to think very well and always hesitate before selling then we can easily understand that bitcoin is a great currency and we should not waste any amount of it even its decimal amount.
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
It has a low chances for an online wallet to be hacked. Some online wallet have a multiple security and lot of information for us to be access. Any online thing whether it is a wallet or site can be still hacked by the hackers because there is no safe thing in the internet and the only thing we can do to make our wallets more secured is to diversify it and activate the 2fa and have a strong password so if there will be a tempt to hack our wallet then they will be on a difficult situation. |
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The people in my city are now believing in bitcoin also and they all know that bitcoin is the best opportunity as of now but before the price spikes very high they just think that bitcoin is scam but bitcoin prove them wrong and now it is turning those haters into believers and soon we are going to see a more educated people about bitcoin.
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Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..
I dont see any good point of the richest people would be interested to cryptocurrency. As you can see rich people are rich so they have a lot of fiat or paper money. Additionally, they not need it because they can buy anything they want. Rich people have the mindset that we don't have and that is to make a lot more money using investment and they can do it with bitcoin from buying bitcoin right now or if they invested earlier then they just need to wait for the price to reach higher tops and that is why they didn't let any chances or opportunity to make more money and because of their investment they can get more money and buy more things that they want. |
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Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
You are doing right with your bitcoin and that is a good strategy to grow bitcoin and that is what you called trading, just keep doing it and don't forget to analyze the chart or market by reading some news for fundamentals and also study chart for technical analysis and you will come up with a better trading strategy. As a newbie trader you are doing good with your bitcoins so keep it up. |
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I am always ready for the possible crash in bitcoin and i am not worry if there will be a crash because that is only a temporary situation in bitcoin and i am always for long term investment. If the crash will continue then i will just take advantage of it and buy a lot of cheaper bitcoins and add them to my hardware wallet for long term holding. By the way, i bought my bitcoins from the crash around 2,000 so i am not worried.
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The good investment that i can with bitcoin is to invest it on trading because i believe that investing our bitcoin in trading will result for the best things in our life like earning more money that we cannot imagine earning it from our job or from the real world. Bitcoin is good for trading especially of altcoins so it is a good investment for me since i tried and tested it.
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If Satoshi already sold his bitcoins off the market then there is nothing to worry about because the buy orders from the market are enough to cover all the dumps that he made from unloading his bitcoins and we are not sure that he is still really holding bitcoin because the price of bitcoin is already on the top and there is a chance that he already sold his coins when the price is around 1,000 to 2,000 USD.
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Bitcoin is very good for those who know, I myself now hold bitcoin and in my opinion very nice ,, than others ,, and until now I still hold bitcoontalk.
Bitcoin is good for who knows it but it is better for us to let the other people know about bitcoin too. If we are going to let them know what is bitcoin then we can expect that the price will also go higher because of their demand and they can also get the chance to make money with bitcoin because of the investment that they can do which is just like a give and take process. |
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I'd ask him for his private keys.
I don't think that he will give you his private keys because that is like giving you the chance to be the world's richest person and that is like giving you the chance to take over bitcoin. I think it is better if you are going to ask him why he made bitcoin and why he is still anonymous despite of the success of his invention which is bitcoin. |
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Hey it is possible to reach 5k because we are around 5k in this time. I think bitcoin will reach 5k in the last of this year. Moreover it will reach 10k very soon. Bitcoin has ability to rise up. But i am not sure to say that it will reach 50k. We can see it after passing every year
Bitcoin will reach 50,000 USD price if the people in the world will know bitcoin and buy it as an investment or money to be used in making transactions like buying from the store or paying in restaurants. Bitcoin will reach a high price in the future and that is because of the upgrades that we will see in bitcoin and also the upcoming possible demand in the future. |
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This is really happening again. Our wallet provider are rising the transaction fees again. It is not a good thing for those newbie on this community. It might get them disappointed and discontinue using Bitcoin because of the very high cost of transaction fees. I hope that it will soon return to normal. Those transaction fees are big things for others.
Of course it is a big deal for the other users of bitcoin because that is already a money that is being wasted because of the required high and expensive fees and it is getting bigger and bigger as the years pass by on bitcoin and i think we should request and tell the developer team of bitcoin to do things that will help for the fees to lower down so the newbies will be able to start and make more profits. |
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Hey guys, any member who could explain what will be happening when Bitcoin will be having a hard fork for the second time around? Will it create a panic selling or a panic buying? haha   Thank you for anyone who will answer this. It will create panic buying because the price of bitcoin will pump after that and the fork is about activating the segwit2x so the bitcoin will have a lightning network that will enable to have a fast and convenient transaction for bitcoin and that is why a lot of people right now are buying bitcoin and preparing for that event that can easily double your money or investment. |
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Personally, I would rather save my bitcoin for the future. Over time price is increasing and we never know where will bitcoin take us. And if we sell our bitcoin now we never know if we can afford it soon. So as long as we have bitcoin, treasure it like a precious stone.
I usually save bitcoin for the future. Spending or selling somehow you can earn profit it is a matter how you manage your investment. Saving bitcoin for a long term will give you huge profit. Yes as long you have bitcoin grab the opportunity to save because the value may increase in the future. Yes it is true. We must grab the opportunity to save considering the high price of bitcoin up to this moment. And we do not know how long will it be like that. But it is not bad to sell or spend your bitcoins occasionally. We are here because we want to earn. For us to buy things and secure our future. I agree with you. We need to sell or spend our bitcoins also so we can enjoy the life and that is one of the reason why we are doing bitcoin because we want to earn money to be able to buy our things and have a good savings in maybe banks so we can have a secured future. Bitcoin is here to help us to do things like that and like you said, there is no bad thing in selling bitcoin. |
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The segwit2x will be activated in the few months and i think it will make bitcoin more unstoppable because the lightning network of bitcoin will become the fire for itself and its price will go crazy like what happen in litecoin and that litecoin will become useless because bitcoin will have it also and there is a lot of good things to wait once the segwit is fully activated.
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Bitcoin can reach without a limit this year and i think it can reach more than that because as you can see that the price of bitcoin is still trying hard to keep to the top and if the fork in the next 3 months will be successful also then it will force the price to reach even the doubled price that we have right now so the best thing is to have a lot of bitcoins and save it for the future.
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