Bitcoin is a great opportunity for me to achieve my financial goals, it allow me to create more money even im at home and secure my future as well, i save bitcoin and hoping that it will help me to protect my financial needs of my family in the future. I work hard to make more bitcoin and i am sure that bitcoin will stay with me for a long time.  Just stick with your plans and for sure those things will be achieved. Those goals is not that hard because it is always depending on the person that makes or set that goal so if the person will do its best and also have a huge eagerness in achieving those things then he will not encounter any huge problem because he have a great mind set. |
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The next few days is irrelevant. The next month is more important.
I suspect those saying up want to pump so they can sell before the hard/softfork.
If there is a split do not expect BTC to stay where it is. There are those against segwit that holds more BTC than most of us. Those holding 50,000 coins upwards can do a lot of damage.
first 50k bitcoin is nothing, it can't damage the market in any way, remember the 100k+ hacked on b itfinex, these coins didn't destroy the market at all, 50k is a joke second how do you know that the anti-segwit hold more bitcoin? this is just random assumption to me the value certainly cna't get lower than that anymore, at worse $2k is the bottom, on august 1 i see or stagnantion after a pump and dump or a big pump 2k USD mark for the price and possible the bottom of bitcoin is convincing because it already experienced a huge dump in last few weeks but it doesn't across or get lower than 2,000 USD price and it is a sign of a strong support level so i do believe that in the next few weeks or months the price of bitcoin will just have a small dump and pump and also a huge pump after few years compare to the price now. |
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Well, you do have a point about the bit where you said that you could barely buy anything with Bitcoin. Fiat is the immediate form of payment in any situation. But Bitcoin does have many advantages too. By the way, there is a fee for transactions with fiat too. Bitcoin transactions are a bit higher, but we are working on a solution to solve that issue. Bitcoin advocates complete ownership of your own coins. It is peer to peer. You do not have to pay any tax. There are no potential chargebacks. Bitcoin is better that fiat in many ways, but both have their own advantages and disadvantages.
In those things that you stated, it is very clear that you are right that bitcoin is better than fiat and also from the other payment system like paypal but if we will look at fiat as a currency alone, it is more stable than bitcoin and you cannot lose any amount of money by just having it while in bitcoin it is volatile and you can lose money if the prices goes down so i think it is very obvious that bitcoin and fiat are very different and just like what you stated, it has disadvantages and advantages. |
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Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
Bitcoin is meant to be fast and one downside of that are the high fees we have to pay. But nowadays Bitcoin transactions are also being delayed. Bitcoin transaction fees should be lower after Aug the first with Segwith though. It is not fair at all, the transaction fees but we just have to suck it up. When bitcoin becomes mainstream, the fees should rise again. In addition to the increased blocksize from segwit, there's no better solution in transaction fee. But I still appreciate it because it's still in a fair nominal, I just criticize about the standard cost that is not lowered after the ride. That will cause problems in the future. Bitcoin Unlimited will continue to flirt with a better offer to get around this. I think if the segwit will be successful then it will become a good result for bitcoin and also for the fees because the block size will increase and the traffic in the network will decrease and that will result for lowering the fee because the miners is not in rush anymore and they can go back to normal work like past few years ago. |
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Bitcoin will always remain Bitcoin: the first, the original, the best. Ethereum will remain Ethereum, it will never replace Bitcoin.
yes you right ethereum cannot take palce from bitcoin. Because bitcaoin have more value than ethrium and bitcoin are adopt by many countries as a trancastion that i thing bitcoin is already number one currencey yes of course we all know that ethereum cannot replace bitcoin in future because tbitcoin value is very much high and also the price of bitcoin is very much high and ethereum price is very much less than bitcoin and also the adoption of bitcoin is very much high and if the bitcoin get more progress and countries adopt it then it will the number one currency for long time. And yes ethereum is coming very strong against bitcoin but did you see ethereum network last 2 days. You probably saw. It' at least as slow as bitcoin's network. This is not a good indication for ether's future. Ethereum's network isn't even backlogged for the same reason. BTC is because a block size cap was put in by early miners, Ethereum is just a failure. I'm honestly kind of worried about blockchain tech because of this. Someone needs to run a blockchain and run tens of thousands of transaction per second to show the technology can scale. Ethereum is just a hype because of its lucky feature which is smart contracts so if there is a good project that has a good promises then the investors will buy and consume a lot of ethereum that will make its price high so if you want to earn some decent short term profits then ethereum is a good investment but for long term i doubt that ethereum will survive because bitcoin will still be the king. |
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If bitcoin will be consistent on the things that we are already seeing in bitcoin then it is very possible for amazon to accept bitcoin, litecoin and any kind of good cryptocurrency to their market or website because the cryptocurrencies now are proving that they are not hyped money and they are real and it have a great goal in the future.
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why not?
If people are interested in bitcoin
Automatically the person will learn to use it
People are not robots, that is not how it works. When you want something or it piqued your interest, it does not automatically learn what it is or how to use it, you must qork hard for it. If that is how it works I think many people now are just sitting in the front of their computers, doing something they want earning money. I think he is trying to say that if a person like something then he can easily learn it because the eagerness of a person is a huge boost for a person to learn something because you have that interest to something that will result for you to pick up things easier and also master it in a shorter period of time. |
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In my own opinion, i will say that this is the right time to buy bitcoin. I will suggest that keep buying bitcoin while it is under 3000 USD because there is a lot of possibility that bitcoin will reach that price and even climb up even more up to 5000 USD or even 10,000 USD price for 1 bitcoin. Don't do day trading or keep buying and selling because it is not a smart move to do for an average bitcoin user.
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Low fees is not practical anymore because if you want to save some bitcoin or money and if you will choose low fees then you can say goodbye to your money because it will not get confirmed because of the low fees or it will take a lot of days or weeks before the miners confirm it because they prioritize transaction that has a higher fees so they can get more profits.
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That is a very inspiring article to read and i based on the article he just drop out in high school and made a deal with his parents that if he will become millionaire before the age of 18 then he will not get a college degree and he just invested the gift that was around of $1,000 into bitcoin and he already know that it will go far and now he is already a millionaire and for sure he is very happy with that.
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Bitcoin will rise and it will just continue to go up and up to the moon! I believe that bitcoin is just getting more stable now and soon after the adoptions the price of bitcoin will just skyrocket to the highest point possible because of the huge demands that are potentially came this year or after a few months or even after the fork. We just need to have a great faith in bitcoin and soon the patience will pay off.
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I still can not make money from bitcoin, I just bought 0.1 bitcoin from my friend a few days ago and tried trading in poloniex, I still loss, can not trade well, I hope can get income from bitcoin like my friend, I think Not impossible to make bitcoin as source of income
I think for the beginners, try not to buy bitcoin first, instead try to earn it. Join signature campaigns, it pays decently. If you buy coins at first and you trade them and lose them your outlook in the crypto currency will be negative. I hope your friend teach you how to have bitcoin even without buying, just like my friend and I did. Yes, the beginner have to learn before do trade. The novice traders are such as gambler that do trade depend on luck. To be good trader is need time but do not give up and read. In this forum you will get full details about how to earn free bitcoin by doing lot of works, if you take sometime and just go through this forum then you will dont need to purchase the bitcoins and you will earn it freely earning bitcoin from this form is not free, even if you are working for a signature campaign you have work of it you have to spend your time and write posts after joining a signature campaign. But I think earning from signature campaign is the easiest way as there is no risk involved and if you have good knowledge of bitcoins and if you are able to make constructive posts then there will be many campaigns that will allow you to join them to earn bitcoins. I agree with you. Signature campaign is one of the best and easiest way to make money and we don't need money as a capital because time and hassle is enough for an individual to make money in signature campaign. Just like what stated above, good knowledge is enough for a person to make constructive post that can be exchange into bitcoin or money. |
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When i have 100 BTC then i will share it and store it in some wallet. I will choose the wallet desktop and also web wallet.
By sharing it I'm not too worried because I have good security.
Desktop and web wallets are not enough to secure your 100 bitcoin and i will suggest that just buy a hardware wallet like trezor or ledger hardware wallet because it has more chance for you to secure your bitcoin for long term and just keep monitoring it to make sure that you will not lose it and also don't forget to make a back up of your password seeds. |
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That is the power of bitcoin, if you will just buy and wait for at least a few years then you can easily be millionaire because there is nothing impossible for a person who have beliefs and patience because like one of the people that i follow said, if you know what you are doing then you don't need to worry because you are just buying the opportunity now and you will enjoy it after a few years of waiting.
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It's true that Bitkoin isn't supported in some countries. In my opinion, this is due to the fact that their economy is simply not ready for such significant changes.
I think not because of the sudden changes they are having. But for now the bitcoin system does not match the government system. Bitcoin should be something that can be controlled and open not anonymous. So the government can control it If you want centralization for bitcoin then you are not a true bitcoin user because if the government will control bitcoin then it will become impossible for us to have freedom in bitcoin market and the chance of getting profits will become lower and it will just the government will make money from bitcoin and that is why most of the bitcoin users hate centralization. |
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the big disadvantge of bitcoin for me is that it is not accessiable by everyone and it can't be used in our every day lives, sure it is still new and people are still not fimalliar with, but for us the people who already use it and know about it need places so we can use them.
The disadvantages you see is not that big to hindrance the success, with time passes by the development shall continue. One day you will see bitcoin will be widely accepted and it would not be possible if we will not support it now. That's why even there are problems like delays and transaction fees btc been troubled too, I still left portion of my savings left since we all knew that btc pump and dump scheme may always happen, we might tell it will pump again like it did before. If you are just using your bitcoin to buy things that you don't really need or to get some cash from it and use it on wants instead of needs then you really need to stop that kind of habit because it will just make you broke and you are right that bitcoin is experience some pumps and dumps but we will just lose the opportunity if we will sell our bitcoin so the best thing to do is to just hold at least 70% of our bitcoin and keep it on a safe wallet. |
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are we there yet? No we don't because majority of us just got into bitcoin when its price is more than 700 USD and i think it will need a lot of years for us to become a millionaire or get listed in the new wealthy elite that is caused by bitcoin. Just keep doing what we are doing in bitcoin so we can be millionaire after a few years of hard work and sleepless nights. |
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The topic of bitcoin has become very popular last time. I can say that almost all my friends ask mee about it, communicate with each other on the subject of cryptocurrency.
It is also happening to me right now because the price of bitcoin is already high and a lot of my friends are keep bugging me because they really want to get involve in bitcoin as soon as possible because they want that 1 bitcoin to get a lot of money to buy the things that they want but i am not entertaining those type of people so i just ignore them even though they are my friends. |
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Cannabis and bitcoin is like the same because some of the people in the world hate it because of the possible bad effects that will receive of its users and as well as marijuana but i think if they will just study hard about these two things then they can easily understand what are we trying to point out here and that is they are both good for us and we should accept and don't complain anything because we should try it first before saying something.
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Marketcap Price Supply 24hr Volume 1 Bitcoin $43,772,285,944 $2668.33 16,404,375 BTC $1,515,020,000 2 Ethereum $31,163,179,244 $336.20 92,691,556 ETH $1,498,930,000 Source: https://coinmarketcap.com/Wow!....The 24 hr volumes are almost identical. I never would have thought that they'd be this close so soon. There is difference between real volume and hyped volume. Ethereum volume is completely a hyped volume because of the ICOs that are keep coming that is related or smart contract with ethereum so that is the only thing that i know that makes the volume of ethereum high but if you want some real deal then you should just focus in bitcoin because it is the best option for long term. |
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