buying or holding a bitcoin is also a investment and also it has a risk because you spend and risk money just to make some profit and try if your money will grow . you should think twice before investing your money .
I think all investing is risky, but the good thing with bitcoins is that the price fluctuates that much and we have reach the peak of $1,000 and with that amount we can still achieve so it is good to buy now and hold it in the future. Yes, earlier I made some investments and hence lost my bitcoins by 25% but now due to the price increase I again have 175% ( as the price has been doubled ) . So, yes I vote for holding right now better than investing. Still, investing will get you chances to raise the number of holding bitcoins. |
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I am buying it at dips of 650 whenever it takes place, because I know this will go above 1k and I will be able to double my investment in no time.
Yes it's the right choice to buy bitcoin before halving but if I may be honest to buy when prices are high like this is very risky suffered loss. this factor too that make me concerned to set the alarm of bitcoin price for every 2 hours. To be honest, I don't think bitcoin will drop at $650 anymore since the price is once again steadily going up. If it did however drops down at ~$675, I'd be sure to buy again. Waiting for that time to come however is very risky because the chances of bitcoin going up is higher than it is going down. |
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No offense but this thread should actually be in Speculation because it asks for what we speculate on that certain date.
It's just a little annoying that multiple threads of nearly the same question is being created.
"What will happen to bitcoin in 2xxx?" "Bitcoin in 2xxx" "2xxx, year of bitcoin" "Future of bitcoin?" and similar thread titles.
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I think one of the major drawbacks is for the newbies, and even for the experienced, it's very easy to make a mistake and end up paying a lot of money, or not enough money, but mistakingly adding or subtracting a zero or moving a comma, and BTC has no way to get refunds so..
That can really be a reason as people might feel that once sent the bitcoins with wrong amounts, it is similar to seeing your money being burned live. But I feel users are careful and should be careful enough to avoid such mistakes again. Thank you very much for sharing. It would help a lot of members here. |
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There is no easy way to earn from gambling. Its a matter of self discipline and setting a profit goal. Setting a goal must be small with large bankroll. It's the best chance that you'll win. One more thing is by playing sports betting, study what sport you like to bet, and gather all infos regarding your bet, because here, the more info you have the best chance that you'll beat the bookmakers and earn profit.
I think there are easy way to make money like trading with odds. With my past experiences it can never give you loss until and unless you are just too unlucky and certain events do not go in your favor. I strongly believe this must be an easiest way of making profits from gambling. |
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Majority of the people do it to make money and i am also doing this to make some profit because without having profit it is impossible to have fun there, my aim for gambling is to make money only and i think gambling can helpful for it.
I aim for small profits when I visit any gambling site and make a mood to gamble. I try to set small goals, tick them all and then withdraw. The best thing about this is that you can cash-out anytime once a small goal is reached as small goals usually needs comparatively less time. |
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If i have already reached my limitation or i have lost so much of my money it is enough for me to stop because i don't want to lose more , I should take a break from gamling , relax my mind and also I do not getting myself to being stressed because of that lost  The tips are good, I think I'll follow the tips that you did. I also sometimes confused when I had to stop gambling, but sometimes I've been in a state of great loss it at the time May be then you need to follow even more strict strategies, these include but are not limited to : Setting specific amount where you will stop in case of win or loose, specific number of bets when you will stop ( dice ) and many more. Then maybe you can reduce those great loss. |
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Some people come back to gambling because they just for fun and there are some people come back to gambling because addiction, i come back to gambling because fun and not addiction of gambling. Beware with it.  I won't be a liar, I come back AGAIN to gambling sites mainly because of uncontrolled anger and frustration. When lost a big chunk of money thrive a way to get back that loss and thats the real reason behind my looking back again and again. |
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For u personally what is a Bitcoin price that u would consider too high?
What can be the maximum Bitcoin's worth?
~CfA~
Bitcoin value too high? None. The value of bitcoin cannot be considered overvalued for me because there will not be a time that I'd have to worry about that happening because it is most probably not going to happen anyway. |
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Let them play games for BTC, there are many games like that. They're fun and kids love games.. so they may get interested into btc
Yes give them like 1 million satoshi and ask them to have fun on sites like primedice. They are kids and remember don't put too much pressure on them for earning bitcoins. And if you telling someone aged between 15-20 then tell him how btc works and how to earn it. |
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I wouldn't really let the kids near BTC at all, it is not very good thing to do... Also teaching kids how to gamble at very early age is probably one of the worst things a parent can do.
However making him do work for real money is more practical than making him gamble. Him learning why making money is important and what it takes to earn money is one of the best way to teach a child.
Everyday children are on their computer either reading or chilling so.. Its the best time to teach them about making money.... Share some interesting things about bitcoin and he will automatically come to u asking about it ! Pretty much this is so true! They are spending their whole time in front of either computer or their gadget. Rather than spending their time wasting 100% of it on things not valuable. You can at least take 20% or 30% of it exposing them to Bitcoin. If you have problem with this, how about young kids being exposed to Robotics or other technology? They even have tournament about it too Take it from someone who has a friend who you can consider a kid, they usually come to a point of boredom if they repeatedly just go on and sit infront of their computers. That's probably the perfect opportunity to introduce bitcoin and make him interested in it. |
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What do you guys think?
Since the price keeps going lower the whole day.
Also why is it going lower ?
Just everyday for me is time to buy cause, For me its never too late, You will earn a profit from it but just small profit like me. Im buying bitcoin and after i buy i resell it fast. Just low profit i need That's the right thing to do, as I truly believe that every time is the best time to buy bitcoins as we are sure that price will be higher in future that will allow us to make good profits. Yes for selling the time was when the price went 800$ around, now to again get that high prices you might have to wait a little longer till the halving is done, because halving will bring big rise like $1000 or above also to bitcoin prices, is what I suppose. |
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Yes It have .. I think Bitcoin has a good intentions for us.. Its only the people who use it that makes it wrong.
True but I think even those who make it wrong for themselves, still have a good impact with bitcoins on their life. I believe bitcoin system has changed my point of view, earlier I was a bit rude and non conservative. Now I have been changed. |
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people have their own different perception or speculation,..so for me i would rather to choose i like bitcoins, it will never happen that im gonna hate it,..  And for people who hate bitcoins, we can't blame them maybe there are things that happened to them and they experience it in a bad way. But in the end if they are going to consider in using bitcoins if they can see its benefits and convenience they will not hate anymore. Yes and the people who once have used bitcoins and understand how it works, have no reason to hate it. This forum allows and pays your time which no other forum does. Who pays you for just posting man ? and you hate it ? then go to hell. |
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Not sure how it's possible to quit your day job and go fulltime on Bitcoin. It's not like Bitcoin pays me a wage. I think this is a silly question to ask, having a job and owning Bitcoin go hand in hand since I consider Bitcoin not only a currency but an investment like Gold and Silver.
agree with you, bitcoin can be use as investment way, if our salary from real job is enoough to life, i think better we still use bitcoin as sidejob, and invest our earning for future reference. How about doing both of them as your main jobs, I mean the money you earn from job invest them into bitcoins and buy them when the price is low and selling them when the price is high. This way you make double income similar to already I am doing. |
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Gambling should be considered the last option but you could choose to invest it in gambling websites which have giveaways running currently like luckybit and primedice while the rest can be just used for trading. That way, you can get to use your coins instead of merely holding them.
Yes but I think the way it is very risky and very difficult, and many people who can not understand the way. Perhaps most people know by collecting and holding bitcoin has included short-term investments. Yeah but buying and holding bitcoin isn't a short term investment. I went to almost $800 and now its back down, who knows when it will break $800 or all the all time high again? That is a completely different topic but I would like to take a minute and answer you, see suppose you buy bitcoins at price of 400$ now if you set a price in mind like say 650$ then you can wait till then and sell it. Make new targets, fulfill them and move forward. |
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Halving is profitable if only large investors will do their moves.
If there will be a move that will performed by them, halving will really profitable.
The profitability of bitcoin through halving isn't necessarily based on what the large investors would do, but mainly because the mined supply of bitcoins would be halved, hence the halving, which means it would be less. That is just one reason why the value of bitcoin might go up. Might. |
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If you give me 10 btc I will sell 9 btc then I would buy Gold or build a home industri. And 1 btc I will use it for trading. It's more fair than gambling.
Would do the same, except will only sell 8 BTC and keep 2 for holding and hoping for more profits. It's going to be a profit anyway whether I sell or hold because those 10 BTC is free from op anyway so I can do whatever I actually want with it. |
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There are not such a places, where you can make a lot of BTC, only in gambling or in Forex binary. Of course in gambling, you can also loose fast too. Trading in general is a 'place' for earning enormous bitcoins. Gambling too, but the risks are just too big to consider gambling as a good source of income. I remember a saying "The house always wins" and I have always carried it with me so whenever I think of gambling, I'd remember those words. |
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Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Governments can block Bitcoins, especially those who do not like things like this. But even if they block the network to their citizens, they can use VPN to access. So, I do not think to block Bitcoin can fix the problem. For now, I know no country that has publicly blocked Bitcoin, north korea blocks all Internet. But if the Bitcoin start to be used for illegal activities, it can be blocked in many countries. It is already getting used by terrorists for money laundering purposes, who says it isn't? You can trace transactions only, but what happens ahead of that, does anyone know? It actually what was primarily used for illegal activities way back when bitcoins is not as popular as it has become now. I remember checking the dark web for some cheap items and I see that many sellers are accepting bitcoins as payment. |
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