It's just a little overwhelming that the market cap jumped up nearly $3billion in a little over one month. However, I believe it will still continue to go up because of the hype from the halving (or not really because of that). I'm just really hoping for the best here and trying to make a profit :p
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I'd say buy now. The risk is really high currently, but it may be worth it in the long run because there's currently a hype and the halving is near. Although we do not actually know if the price would still increase by the time of the halving or will it go down.
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But wouldn't those miners actually gain profit from the halving as well?
I mean, all coins are raising in value, whether theirs or ours. I do believe that what's going to change is the amount of bitcoins earned, and the value earned would be the same. Well, I'm not expert and this is just an opinion.
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Every experts here, do not like or expect BTC to get closed or ruined or ....... Each one is working hard to keep this alive. Not even a second the BTC is untouched. Each one's basic requirement is money. Of course BTC is the one for each one here in this forum. None would will to see BTC's end. Yes we do not. I think it's a little rude to say every expert expects bitcoins to go further than 2030 because apparently, even non-experts would know that there are risks to bitcoin as time passes. Why? Possible exploits may be found in the future, other alt coins may be more popular than bitcoin in the future, bitcoin may experience a dramatic drop of users because of some unknown unfortunate event or something. It's the future, we don't have a definite picture of what may happen.
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I hold my coins to do some tradings as its easy due to its price changing, and off course i do a lot of online shoppings with it too and mobile top up's as usual to me Yes same here with me, most of the time I buy online products with bitcoin. But mainly I am holding my bitcoins as investment to get profit from it when the price gets high expecting $800 this time. I use my coins as a currency and just as you guys, an investment. It really feels good to have to buy items without seeing your cash moving. However, I temporarily stopped using bitcoins for transactions because of the expected halving. The price is steadily going up so I'd rather just hold it for now and wait for its value to go up.
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One reason why it hasn't reached other countries' real world merchants is because there isn't much of a popularity and demand just yet.
Like here in our country, the number of people that uses bitcoin is roughly 1/100 (that's a bad estimate, I know) however, there are third party payment centers that accept bitcoins to pay our bills and stuff.
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Bitcoin is both a very good currency and also a very good investment, so I am using bitcoin for both as a currency and as investment.
bitcoin is not too great of a currency for buying stuff at the moment because there are not enough shops at the moment that accept bitcoins as a payment method for all the goods i usually use it as an investment because in my opinion the price should go significantly up in the near future because of the incoming halving event that will allow us to make some money from all the investments I use it for both, actually. However, I stopped using bitcoins as currency for a while because the price is currently jumping up dramatically. I'm just glad I started getting my hands on bitcoins way back when it's still at stable at ~$450 nearly over a month ago.
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It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
This Bitcoin rally is true and the price will increase day by day. Now the time for bitcoin to test new higher prices. If you think bitcoin will back $400 I think you are in dream. Halving coming early July wait to see a big rally.
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Hi guys, I just joined so this is my first post on the forum.
Anyways, does anyone know of a method to buy bitcoin online without ID verification/SSN? Using my credit/debit card is not an issue, however as I am under 18 I don't believe I have anything to show them and just in general, I'd rather not have to verify myself with an ID. I am also new to bitcoin overall, so I may not be aware of all the services I could use.
There are many exchangers you can find where you don't need ID verification but the problem is when you buy using your credit/debit card then might need ID verification because credit/debit card payment are reversible so no exchangers want to fall in future. You can check forum currency exchange section hope you will find someone who accept credit/debit card payment or cash in person in your location.
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Which is better: Invest my Bitcoin on legit mining sites and purchased power before the halving because it is currently cheap or save my bitcoin and trade it after the halving because its value might be doubled?
I think it will be better if you hold your bitcoin. You can get more profits than buy cloud mining power. I have bad experience with cloud mining so I think better to stay away from cloud mining. Most of the cloud mining websites are ending up in scam. My suggestion is to hold bitcoin and try to buy more in less price, sell it when bitcoin reach your target.
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I do not think it will affect for bitcoin price. Well if Britain stays within EU that have better chance to increase bitcoin price because of halving. We will got result three weeks before halving and can decide what will happen. My opinion is hold your bitcoin and lets see....
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Till now I was using Yobit Exchange to depost and withdraw my fiat to bitcoin, but I think they are now gone, Can you please tell me which is the best and reliable exchange which is easy to join and from where I can withdraw to Okpay?
OKPAY payment system is working with some of the major BTC stock exchanges like BTC-E. So, you can convert your bitcoins using that exchange. I believe, in OKAY itself you can deposit/withdraw bitcoins for exchanging your bitcoins for fiats or vice versa.
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Yes i do believe in bitcoin, from the start (when i joined in 2013) I knew bitcoin was the real thing. Seeing the market cap growing bigger and bigger. Then it matured and we saw a crash, but the hype is over and bitcoin seems to be stable again.
That crash was really a bad time for the all the users of bitcoin, and I was thinking that now no one will come again to adopt bitcoin but thanks God, once again bitcoin recovered its value and people started to join it again.
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It can affect the price is there are more sellers than buyers but it will only happen if the price drops as that's the time when people will be eager to sell their coins. Until then, I don't see it happening. It took place when LTC prices dropped and there was a panic in the market.
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Is bitcoin a future proof currency?
Future proof currency? What do you mean bro? I dont think this bitcoin can be currency. I think bitcoin is only crypto-currency thats it dont think that this crypto currency will be currency like fiat. Because First of all it doesnt have physical appearance second few people use it. And if in the future many users will use bitcoin i think it is impossible to be currency. Of course bitcoins would only stay as crypto-currency because by definition, crypto currency use a decentralized control of the supply and no one is actually manipulating it as compared to fiat/currency that is centralized.
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I don't know what your definition of legal currency but as far as I know, it is a legal currency. Or do you mean legal as in government-recognized currency? If so, then I'm guessing that there will be a surge of bitcoin users and of course, let's not forget the haters and conspiracy theorists.
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Today I become Sr. Member. Updated my signature. My current post count with this post : 319 Requesting to update campaign sheet. Thank you.
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Low transaction fees and no chargebacks as all payments are irreversible.
Actually that is the downside of bitcoin. The irreversible thing, you cant get wrong in every transaction you make for you cant get it back anymore. I dont think there is a cure for that and we should just be careful in the digits that we input At the same time you are avoiding scammers as they can not scam you later by charging back the money they sent. You can take 2 minutes and can do your transactions more carefully but having charged back feels much more worst I can tell you.
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hi guys so i'll start first. so i deposited 7k bits got raped very very fast and then i deposited again another 35k bits , because of my urge to get back my 7k bits the moment my 35k bits confirmed in bustabit, i bet it all and set the payout to 1.2x and i turned off my monitor and went out to smoke when i came back from smoking i won that round and immediately withdraw the 42k bits, and i played with my remaining bits after withdrawal and then again i lost my remaining balance and stop for awhile to post my experience whats yours? I do not know but whenever I set auto withdraws at set limits like you did at 1.2 I always loose below it. So, I set it at 200x and then just cashout manually, that is more profitable for me.
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Someone should make a sort of game they let them achieve some bitcoins, even if it would be a very low amount it would be good. Its all about that they will learn the bitcoin and know what it is.
There was a game I heard which was like bitfarm and you can play it and earn money, though I neither used it nor recommend it, but maybe by google, give it a try and see how it works and how good it is. Juniors definitely will love it IMO.
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