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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Although no strategy works in dice but some of the working ones include strategies like
Amount : 0.001% on bankroll
Bet odds : 90%
multiplier : 1.1
on win : reset
on loose : 11x
and just do not get greedy and stop after fine profits.
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I believe we do not need any specific plan with the bitcoin other than the plan what we are having with fiats.
We can always believe if you get some extra income then we can become rich by saving them.
Save bitcoins, become rich.
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gold have value from thousand years bitcoin only have value when have internet but i like silver than gold
But unfortunately the thousand years of reputed one will be replaced by the new comer. In this digital era, the history of gold will not help it to sustain, where bitcoin is invented for the purpose of ease for digital use. How gold and silver were replaced by fiats for the purpose of easy currency, same way bitcoin will replace all of them for the purpose of electronic usage. |
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I would choose Bitcoin above Paypal when it comes to making money I believe that you cannot even make money with Paypal. Paypal is far more superior tho when it comes to shopping online.
So it depends what you are using, if you are a online shopper I would go with Paypal.
I guess most of the online shopping sites accept some different type of gift cards, and these cards are easily available for the bitcoin. Why not you try them to completely avoid using paypal. Some people are still using Paypal (for some reasons) even after knowing about the advantages of bitcoin. Otherwise, we would have seen the end of paypal long back itself. |
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Yes your child can earn bitcoin or mone online.But first thing to ask is how old is your child.If your child is less than 15 years old i would recommend you to tell him just to focus on his studies instead.But if he is old enough then let him and guide him on trading sites and other stuffs that helps money grow.There are many faucet games on mobile and pc
I think it would be best if you let him start with the basic first, faucets is a good idea to learn money as it is not complicated. Afterwhich, you can teach him how to invest on potential coins and maybe the last is trading. Don't let him involve in gambling. Seriously, why are you people keep on suggesting that kids should do faucets first. No matter how old the person is, he shouldn't do faucets. Faucets are complete waste of time. Unless your kid's got a pretty good IQ and knows how to make his own webpage/website already then he should make a faucet rotator and promote it to tons of groups/pages/forums. I agree that faucets are complete waste of time regardless of age of it's users. Moreover I never agree to introduce your kids about bitcoin. I strongly believe, it might deviate them from their studies or from their childhood activities. Let them enjoy their innocent childhood life. |
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That should not feel good at all, losing all your saving like that. You only should have used the halve of your savings for Bitcoin. Now you are going to have to rely on the Bitcoin price to be high in the future.
But I guess there is no need to worry about any losses as per currently rising bitcoin prices. In bitcoin history, all the investors who are ready to wait calmly, turned into happy investors along with bitcoin price appreciations. OP also will turn to happy investor very soon due to halving. |
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