I increasingly find information about that Bitcoin has to die. Many go with Bitcoins to other alternative cryptocurrency. Invest in something else. To be honest I hate this situation. I believe in Bitcoin and I think he will live
where did you got those bunch of information?,bitcoin actually had been pronounced by so many analyzer and see the fact now,bitcoin is still alive until now and even the price is going even higher means the demand is actually much more than before,bitcoin will not die in this century |
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What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
When you think that Bitcoin as currency then i think it is disadvantage but if you take bitcoin as investment then it is good as your price of purchase going up and when you sell you will yield profit but if you take in trading then it is good as when their is lot of trading then it means that the product is valuable yeah indeed if you use bitcoin as currency,the volatilty will become the disadvantage,it's also the one factor amongst other which make many website don't want to implement bitcoin until payment gateway like bitpay which exchange the bitcoin directly into fiat exist and then the problem solved |
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In my opinion bitcoin trading is not different than trading anything else you need skills in technical analysis and to keep and eye on the news that could disrupt the price and none of those things can be acquired rapidly.
definitely, the thins work the same as trading any other thing such as fiat in some website,it's about predicting what gonna happen in the near future whether it's rising or falling,techincal analysis is indeed needed,by analysing through some news and some events then you will make out a prediction that near to perfect and could be very right |
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Here in my country, they will terminate all of the online casinos soon be implemented. But people will always find ways to play online casinos. But so far theres no law that prohibits from using bitcoin here. You can use bitcoin freely here and hope it will not change. Bitcoin here is not that poplular. Only few people knows bitcoin. So the government is not that serious about adding some rules about using bitcoin.
some U.S states had made online casino illegal but the people still showing up somewhere on the site,even their access had blocked to such kind of site but they still can bypass it,i guess there's always a way,but if the government are doing it for the sake of their citizens' goodness,then it's fine i guess |
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when the price of Bitcoin has been below $ 700, I often spent on different Bitcoin purchases through the Internet. But now, when the price has grown, I do not hurry to do it. It is likely that in the future the price will grow further
I don't see why you should stop spending your bitcoins now that the price has risen, if you are not planing to invest taking advantage of an increase in price will allow you to buy more with the same bitcoin. actually when the price had risen and now touching about $700 and maybe even further it's the right time to spend bitcoin,your bitcoin's value will getting higher and therefore you could pay stuff with lower amount of bitcoin compared to when bitcoin's price is below $700,regardless to your fear of bitcoin price to rising again |
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There is no particular reason as such now you should be buying it because in coming days as such there is no big news expected unless if China govt hints at something than suddenly btc prices will rise or plums as they hold majority.
read the recent news,switzerland's bank are planning to have cryptobank which may cover bitcoin and could accept bitcoin there,even it's not come from china where majority of miners power is centralized there,i guess it's such a good news for all of us and buying bitcoin now may be a good diea |
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as i've read they're opening cryptobank,which maybe could accept crypto coin not only bitcoin but another altcoins,i guess there might be some sort of pump in btc price,prepare yourself by the way,but i'm curious whether bitcoin had been legalized yet in there?
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In our local exchange we can choose the option of cardless ATM without fee, so even we don't have a bank account we can cashout our stored money in the wallet with no hassle. All we just need to do is to verify our Identity.
That is also the same in our country. The only bad thing about that is you have to surrender your identity to them. So the anonymous advantage of bitcoin is already ruined. But it is really quick to exchange your bitcoin to fiat. So if you are in need of money, it is just a few click and you got money in an instant. verifying your identity will not going to be a problem as long as you don't violate any government's rules,if you do something illegal then you might worried because it,i'd suppose you to not violating any rules especially with bitcoin,because bitcoin is actually not fully anonymous,anything could be traced. |
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this is definitely what kid needs,knowing bitcoin through playing,even it will make them more happy and earning money if the game was rewarding a bitcoin for every winnings,just my hope that you will not add a betting feature because it would harm the child |
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A lot of country are get in mainstream of use digital currency and leave paper money. People are angry with a lot of government member who doing corruption of tax. So I think people will leave paper money and start to use gold or digital money.
if people are leaving paper money in purpose to avoid tax because as you know tax are corrupted by the government,then the country will be doomed,will become an instant poor country with ultra low income which end up make them suffering a lot |
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I disagree that only a limited amount of gold exists and that that's why it is protected from inflation. Who knows how many places which are still unexplored could contain gold. Cash is out of the question in that regard. So Bitcoin is the best like you said.  Cash can buy anything, no limit at all, while bitcoins have. the disadvantage of bitcoins was if there is no connection, how can you access your wallet? unlike if it is already converted into cash, you can. when it comes to Gold. Gold prices also fluctuates, its price was depends on the exchange rate of dollars. Gold can be use to pawn or sell at higher price. I still want to invest on bitcoins than gold. if that so,even bitcoin have the disadvantages but bitcoin will be suited well to be an alternative currency,and if it was an alternative currency in the digital world it do be a perfect option,cash can't be spent on digital world but bitcoin can,both have disadvantages but also have an advantages which beneficial for both |
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The real challenge for an altcoin traders must be, choosing the right and suitable coin for their trading.
For this dilemma, I simply always go with the established coins rather choosing some high volume altcoins. My profits are comparatively small still the chances of getting dumped over night is very low with my choices.
I am also facing this dilemma as there are no insiders news are usually available with new altcoins. We cannot simply ignore all the new altcoins as they are alone highly profitable compared to any other trading. So, I believe I'm taking risk and also I'm getting the reward in equivalent ratio. Because, I'm having experience of getting my capital got tripled within single day also got half in just two hours. that's must be kind of shitty coin which could fall its price about a half in just 2 hours LOL,i'm actually sometimes taking a look into the coin's announcement thread so i can get the most updated news about the coin,also people there and the devs could reflect what's goin' on to the coin in the future |
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When you are depending on that graph you need to have a more time so you can really manage not to lose money in trading and save some extra bitcoin in the next dont panic when the price is low wait for it always to be high again and everything will be fine.
waiting for the price to rise high sometimes just working is it does but i'd prefer to cut lose if the specific coins seems don't have a good future to prevent from having such a big lose like zcash which had been falling down recently from 1btc to about 0.3btc and that's such a pain in the ass Lol, my strategy is to buy a bitcoin when there were negative news and the price dropped as a result of bad news. Then holding it for a couple of weeks and sell it out when hit the higher price. Its all people know this. I guess unnecessarily this discussing about this further. but by using your strategy you must be prepared because if the coin get really bad news that could affect the entire system of the coin,people would lost interest of the coin and maybe there's no one buying on the market,as a result,your funds getting trapped into the coin's market,be careful with that strategy |
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Hey guys.
How can I increase my bitcoin money? I am a bit curious to those people who can easily make money “btc” grow fast. How do they it correctly?
Can I ask a bit of advice on how to manage it like what you do?
Of course I know many people here want to know too.
Maybe it is good to share a little of it. It would be great if we grow together.
I then use this it gives me profits and increase my btc My Business : altcoin and btc .... trade on yobit and wait for opportunity when a pump it gives you a lot to increase the number btc. and important you must know and do some research on the coin you want business  good luck .  I seen you in most of the alts section so now i understand its your business supporting projects and its really the profitable way to grow btc the more we understand the market the more we buy certain coin that we believed that have potentials knowing this will allow us earn good profits and increase our btc holdings. ICO may become a good idea if you want to grow money,trading is indeed a good way but i can't resist to say that investing on ICO also such a good thing and things work like trading,waiting for it to be launched,and even holding to get the right timing and the right price to maximize the profit |
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Actually in order to make profit in altcoin trading, you have to swim against the current trend - buy when everyone is selling and sell when everyone is buying.
I hear about this strategy especially when I was in forex trading. But I really could not understand how to do this and what will be the effectiveness of this strategy? When everyone is buying if we sell then we need to wait for long time in order to prices to come down and same thing applies when we sell when everyone is buying. What is the implicit meaning of this strategy, I really could not understand. mostly the trends always correct , trading against the trends for me not recommended especially for a newcomer and in bitcoin trading. i have experienced trade with this style and in the end i just suffering a lot of losses. do your own research and decide by yourself. be confident and be positive , you'll find your own strategy. definitely,just follow the trends,sell when it's the time and buy when people are buying,you can get profit out of it,you can't do anything if you against the tread,you have no power in the market,except you have about million dollar worth of investment |
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I can really say that bitcoin is freedom we can earn bitcoin for free from mining and from this forum anyway and just doing so services and other things that involved with bitcoin i can earn bitcoin weekly from trading and from gambling and in signature campaign and it's really free from our country.
I think the aim is not free it, but when you use bitcoin as a currency or keep all your money, with such a one will not be able to touch your money and your wealth, including the government, it is freedom not fully freedom i guess,if you violate your government's rules then they still force you and still could seize your money even it's on bitcoin form see this news and you will realize and learn http://www.bbc.com/news/technology-36412487 |
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Op, do you know anyone who was asked to provide proof that bitcoin he is selling are obtained in a 'good' way?
I use exchanges frequently, and I never encountered anything like this. There is literally no way to give valid explanation about your BTC.
For example - if I earn my BTC through signature campaign and later decide to sell it, but exchange will ask me to tell then how I obtained my BTC.
I am afraid that there is actually no way of proving that. Plus, I think no one will be interested - unless you will be dealing with really HUGE number of coins.
even though if someone explain from where they got those bitcoins,the exchangers can't know whether the person is lying or not,the question is actually pointless,uselss,and violating their client's privacy,especially if they're forcing about it |
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Basically, because the price is going up and will go up some more in the near future. We might even see that $1,000 price again next year. Bitcoin will be here for quite some time and doesn't look like it will go away or become obsolete. Also, the world is shifting to technological advancements like these and leaving old technologies like paper. Money will be digital in the future.
actually the entire world still stay on paper money,even there's also digital things such as credit card which allow you to pay everywhere with digital balance but still it's based on the paper money and could be cashed out as a paper money in ATM,digital money still far |
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As far as spending bitcoins is concerned, I am a bit lagging behind. I tend to convert it to fiat more than spend it as is, mainly because of the limited options of using it in transactions in my place. I would very much welcome its usage on a daily basis if there are more merchants that accept it and if transaction speeds are real-time or at least as fast as possible.
When converting it, is it not also spending? I thought that was also like spending or helping at least for someone else to have a chance to buy bitcoin. If you are converting it to a website that sells and buys coins. yeah actually both are the same but spending doesn't affect the market on selling volume but converting will effect even very little or near to nothing but still bot are the same,spending bitcoins in order to get the stuff you needs |
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Trading is a less riskier than gambling for at least you can set a stop loss when you see you are losing bitcoins. This should be a stady income if you do it right.
I'm currently creating an ebook about how to trade profitably. will anyone be interested to this? PM me.
Trading creates a steady income if you write an ebook about how to trade profitably, if you are not a writer then HoDl LOL that's fun,you are reffering that trading create a steady income but the actual point there is selling a book,trading is not a way to make a steady income because the profit you gain each day is different with other day even though the profit could be huge |
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