Given a choice, I would like to go ahead with both Gold and Bitcoin because the nature of both assets are different than each other. Gold has many uses apart from being an investment. You can make ornaments from gold and flaunt yourself in style. However, Bitcoin is a currency which may help you to buy something expensive of your wish.
Gold is an already established asset and you can easily sell it to get the return on your investment, but the price is stable and doesn't fluctuate like Bitcoin. On the other hand bitcoin has a huge upside potential and the price is very dynamic. So I would love to use both.
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Being an individual, it is almost impossible to manipulate bitcoin price unless you have few millions to trade in crypto currency market. However, if you have a group of traders with you with good numbers of investment, you may try to put some fake trading requests with good volume and you wish may be fulfilled. But the chance is rare.
Check the market cap of bitcoin. So it is not possible for an individual to fake bitcoin price. A million dollar may come handy there. Just a suggestion!
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That's good that you want to implement crypto currency payment system for your website. I am sure your little contribution to the crypto currency world will lead us to the bigger achievement in coming days. However, to answer your question, you can use two services. 1. https://coinsbank.com/2. https://www.unocoin.com/These two website will provide you with the crypto currency API to be integrated in your website. Go ahead and give a try!
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Well, you will not find many people who holds that much bitcoin with them, only a handful exists. However, diversity is the key to safety here. First and foremost thing you need is more than one bitcoin wallet in more than one computer. Secondly, use online accounts for small balances. Use more wallets and keep small amount of bitcoins in each wallet.
If you keep 100 bitcoins in a single wallet, then you are exposed to a huge risk. Hence use as much bitcoin wallets you can in different computers to keep your bitcoins safe and secure from the greedy paws of hackers.
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I don't think it is the right section to post about your upcoming mining pool. Not at least now. You can use mining pool discussion for the same. Also I am just curious about your mining operations. Are you going to mine bitcoin only? or you will have altcoins as well?
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I don't see any pros for a country doing bitcoinization, instead there are lots of cons. Firstly bitcoin is an international currency and miners are the god of bitcoin. Why a country would want to risk their economy to the handful of miners?
Secondly, bitcoin is available only till 2023. So a country can't develop with such a small future outlook. Instead they will have think for long term. So after 2023, they will have to adopt another coin to survive. So it is not at all a good idea for a country to adopt bitcoin as a national currency. Its economy will be in shambles.
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Bitcoin doesn't have any boundary limit so it is not restricted to a third world country. There are some so called developed countries have imposed ban on bitcoin and not any third world countries have done that. So you can earn bitcoin from anywhere you want.
Firstly, you have to choose you ways of earning bitcoin. If you have a good amount of money to invest, then you probably want to set up a mining operation. But solo mining is not anymore profitable in bitcoin. If you want to solo mine, then try some altcoins. Otherwise, starts with trading. It is the best way to earn bitcoin nowadays with little investment.
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I really don't feel a good vibe about snapchat ipo because it is not popular like facebook or twitter. Also the merchant banker valued snapchat at 22.2 billion USD which I feel is overvalued than its worth. Their valuation should not have reached 2-digits valuation while counting in billion. So I have a very bad feeling about those who will buy their ipo.
The share price is capped at $14-$16 which is higher than the expected. However, I will prefer to watch it for couple of months and then probably decide to buy or not to buy once the price stabilizes. IPO will not be a good idea for buying snapchat shares.
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If WW3 happens (The chance is good because Mr. Trump is the president of US) bitcoin price will not go down, instead it will go up manifold. because people will turn to bitcoin transaction as it will hide their identity. Gold and paper money will be riskier to stack as it can be found. So people will turn to internet transaction more.
However, if the internet system faces trouble, then the transactions will take ages to confirm and overall transaction time will increase a lot which can make people turn down bitcoin transaction offer and look for other options for transacting money. But I don't see any reason that bitcoin pricce will go down.
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I do not agree with the gloomy future of paper money which you wanted to tell. Paper money is the backbone of today's economy and accepted in every corner of the world. On the other hand, a majority of people didn't hear about bitcoin yet. Only a minor percentage of human population heard about bitcoin and even lesser number of people are using that. So I don't see bitcoin as a threat to the paper money in any way.
Paper money is so deeply rooted to the society, it is nearly impossible to uproot that also paper money is being supported by the government. So the future of paper money is still as shinning as ever. Bitcoin is not threat or it doesn't have the power to be a threat to the paper money.
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What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Did you realize that now? True that crypto currency will create and run a parallel economy for us within few years and we have a very good chance to become rich just by accumulating more and more crypto currencies. However, nowadays we have seen a lot of scammers in the crypto currency world who are trying to steal public money by various ways. Also the number of altcoins present in the market today, is not at all healthy for competition. Only a few altcoins are good but most others are useless and worthless. People should stop creating altcoins and focus on what we already have.
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Ha ha ha! TO power up a profitable bitcoin mining setup using alternate energy, you need a decent amount of space to install that many solar panels. Initially the cost of installing will be high, but that's an one time cost. Once you are done, you will be able to make profit because you won't have to pay electricity cost.
Howevee, wind turbine is not a feasible idea because you need to invest a lot more than solar panels and also you will need a big place to install one. If you have a farm house with fair amount of land, then it might be a good idea, otherwise scrap it and try altcoin mining.
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I am not sure, how long you have been earning online, but I guess, it's not for long. Otherwise you wouldn't have asked for such investment. It is called ponzi scheme and they will just run away with your money after some days and you will loose most of your investment. Internet investment is not at all a safe investment because, you can't catch anyone if they run away with your money.
So it is always better not to invest in ponzis. However, you must try trading in exchanges as it is the most genuine way to earn bitcoin. Remember, unless you work hard, you won't be able to earn anything. This is true for real world as well as online world. So try for trading and nothing else. Trust me, it is worth all the effort.
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The article is not technically incorrect and we can certainly say bitcoin as a tech stock which gives us a very good investment opportunity even in the global economic slowdown. Bitcoin is first of its kind currency which can be generated from a computer program. So bitcoin doesn't have any inherited value. The value it has, it is based on public trust only.
Since people are investing heavily in bitcoin, it is getting so much attention and the market cap is increasing like rocket keeping the price also higher than any other currency. So I personally prefer to invest in bitcoin than to spend it for silly reasons. So it can be taken as an investment instead of currency.
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Bitcoin is already functioning as a single world currency from last couple of years now and the price of bitcoin is skyrocketing every single quarter. However, the acceptance is a problem as of now and many government has not yet accepted bitcoin as a legal currency. However, that doesn't hamper the growth of bitcoin in any way. Rather it has become the most valuable internet currency of all time.
The only problem as of now is mass acceptance. Slowly it is growing. There are more investors in bitcoin than merchants. So it is being considered as an investment more instead of a currency now. However, the scenario is slowly changing for good.
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There are many ways to purchase your first bitcoin. You can use either localbitcoin website and find a seller in your area with good reputation or you can use the service of coinbase. In both cases, contact the seller to know their rules and regulation before starting the trade and you should not face any issue.
However, strictly don't use paypal to buy bitcoin because they might block your account for trading crypto currency as it is against their policy. I recommend Coinbase as it is a very old company and trusted one. For localbitcoin, always check the seller reputation and you are good to go.
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Transacting through bitcoin for whatsoever reason is a good idea and but paying bribe is not. It will only encourage the scamstars to continue with their misdeeds as bitcoin transactions will not effect that person directly and he will be able to hide the trail of the payment as per his wish.
However, don't try to use bitcoin for illegal transactions. Because these kind of illegal transactions will block the progress of bitcoin to become an international currency. Governments will not trust this currency as a legal one due to money laundering claims and public trust will start to reduce. Use it for investment or shopping instead of paying bribe.
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Perhaps I wasn't clear enough last time. COPY AND PASTING YOUR TWEET WILL RESULT IN YOU BEING PERMA-BANNED IN THIS CAMPAIGN.
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