Actually i prefer to think my bitcoin as property to be prrecisely as an investment, not a lot of people using bitcoin as curency, because bitcoin is more suitable as investment and for sure the price is going to get better in the future
To me bitcoin is providing both the facilities, you can use it as currency as you can do online shopping using bitcoin on other hand you can also use bitcoin as property, as if you hold bitcoin and the price of bitcoin goes high then it can give you a good profit so bitcoin is really a good currency as well as property. not really. properties values are rarely falling whilst bitcoin's price could falling so often or too volatile. if you keep bitcoin as a property for long term then you will missed so many opportunities to take advantage of the volatility. with the real properties you just need to wait and the value will be rising but need a long time |
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Most likely I will stay holding it because I think that it has a good future and that it can go to a higher amount too.
that's some sort of investment for the future but i'd suggest you to sell when the price just reached its higher and after that you can wait until the price just falling to get more bitcoin. keep in mind to not getting trapped to everlasting hope of getting higher and higher price when the price is actually have already high |
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This is the strong reason for waiting 1 confirmation and if you had see almost all of webshop around the world which accepts bitcoin always requiring to wait until atleast 1 confirmation or even more for a transaction to be considered finish or done. and by the way see that fees sending 0.45 bitcoin with only 373 satoshi as a fee would potentially rejected by the network
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Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.
What are our current options?
The current options are altcoins, since bitcoin is not 100% fully anonymous and decetralized then altcoins is the next option, zcash is new so don't have much information how it is and how it works, and about Synero haven't heard before, maybe ETH? those alt coins some of them also not fully anonymous. as far as i know monero is true anonymous because the transaction can't be traced and you not leaving any footstep in every your activity so nothing to worry about if you're doubting about your privacy and you use this coin so, analyze before choosing altcoin and be sure to use the right ones |
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With all though this may be so but some of the biggest companies like Dell and Microsoft just to name 2 already accept bitcoin but it hasn't brought yoo much mainstream attention with it.
Still need that killer app
the news weren't spreading a lot because it was from few years back they're starting to accept bitcoin. if they are accepting on this year it'll sure will be hyped by so many people but it doesn't matter anymore. they're just accepting bitcoin and it's good. just hoping for more sites to come especially online shop like ebay or amazon |
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used to be very difficult to find online shopping sites that accept bitcoin, because bitcoin is not reliable when it fully, but this time is different, bitcoin has grown rapidly and become popular among the general public, so as to strengthen the confidence of the public bitcoin. so you can find online stores that accept bitcoin as purse.io, Amazon gift cards via Bitcoins, and I think you bias find it on social media like facebook, because I also find many online stores that accept bitcoin there
purse is a third party which allow you to pay on amazon by using bitcoin and not directly pay to amazon so can't consider it as an online shop that accepts bitcoin. and honestly most of site that accepts bitcoin are such a techy and have relation about technology such as website theme, webhosting, and similiar site |
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Even 1% people on Earth own bitcoin by 2020 is big step for bitcoin and it means most people already hear/know bitcoin by then.
Maybe the percentage could be higher if something crazy happens such as most big company/services (such as amazon, google and apple) accept bitcoin or economic crisis which force people to safe their money.
Actually, Its really hard to predict if how many percentage of people on earth owns bitcoins. the innovation and popularity of bitcoins cannot be stop, The continuous price increase of bitcoins are making noise, more and more people are getting interested with bitcoins. and even in the remote areas, internet are very accessible, anyone can study and can use bitcoins. By 2020 i think its about 60-70 percent of population will use bitcoins. By that time, Bitcoins are totally expose. 60-70%? How did you even come up to that number? Because people from remote areas are starting to have internet connection? 60% of 7 billion is 4.2 billion. Do you know how much people that is? We might not even be at 1 million right now. I'm sure it wouldn't multiply by 420,000% in just 5 years. Even the most famous people in the entire world doesn't have 4.2 billion followers on Instagram, Facebook, and Twitter combined. that's too dreamy indeed. if 60% of people around the world will own bitcoin in the future it's mean that 6 person out of 10 will be using bitcoin and that must be very usual thing when paying things with bitcoin because almost in every places you will meet people who use bitcoin. even many popular fiat still under that amount |
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During the 2013/2014 rise to nearly $1,400/coin, how many bitcoins did you have?
And do you regret not selling if you didn't?
Unfortunately, I became a bitcoin user in this early 2016 so I'm too late for that . There are times when I'm thinking What-ifs situation regarding bitcoin like what if I discovered bitcoin when the price is still low stuffs . I guess nothing will come out in that so I wil just keep as many bitcoin as possible cause I know that after a long years its price will be too greater than now. regarding to bitcoin supplies which is limited and will eventually running out of its reward for miners i'm definitely agree that the price will be rising in the future. and also when adoption increasing hence affect the market's demand. keeping is good but don't be trapped into everlasting hope of gaining too much profit |
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never hurry to make purchases and sales of existing bitcoin have. make sure that when you sell your bitcoin can earn a profit margin on buying price the previous bitcoin. it will determine whether you will lose or gain.
taking advantages of the margin price is indeed good but i guess OP is actually reffering to altcoin trading even though bitcoin trading is also profitable best alt coin for me to invest is ico's you can also choose what icos you are going to invest your money visit the marketplace (altcoin) and find what your gut's thinks that you can make some good money.
but beware with shit ICO which only scamming people around after gathering the bitcoin. they were exist and just be sure to invest on the right place |
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I have been trading forex for a while now, one subject in forex trading that I don't want to talk about is money management or risk management. Most time I want to double my capital in a month and because of this I will not follow money management principles. I loss a lot and most at times my entire capital wap out. My question is what is money management?
you definitely can't control your greediness and end up losing a lot. that's the main problem here you just need to learn to manage and being such a patience guy and bout your question,you stated you've not followed the principle of money management but asking what is money management, i guess you already know it so the question just don't make sense |
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I don't think someone can actually leave trading just when there are so much good projects to invest with.
If you got into crypto trading, that means you have been into bitcoin for more than months already. I don't think you would want to back away from bitcoin for good, you will always come around.
yes i think winning and loosing is the part of trading you cannot make money every time you have to compromise some thing and must book some lost,but i does not mean to stop trading, if you are continuously losing money then you should try to change your strategy of trading but leaving trading is not a wise decision. That is true. If you can win 55% of the time and lose 45% of the time but lose less, you will win in the end. leaving trading is a wise decision if he don't have skill on it and if he keeping up will only end up broke. winning 55% and lose 45% is indeed will drove you to win but only if you can manage to get that much winning percentage while in other side it's really hard and no one could earn consistently for a very long time or never losing |
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My plan right now is to buy more ETH as its cheaper. once bitcoin settles, this ETH will soon start to climb up and will celebrate for my hard work.
I do think I'm not the only one who saw this coming though so good luck to us.
quite right,the factor that makes ethereum rate falling is because the rising of bitcoin's price. but if we just buy ethereum when bitcoin's value just on its highest point then what a waste. i prefer to sell my bitcoin and waiting for the price to fall a bit and then move to the ethereum |
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Try to explain them about bitcoins maybe they will understand, even if they are haters but it's wrong to say that bitcoin is dead when their real basis is not specified, the value of bitcoin now which is increasing already prove that this coin is existing.
haters will always be hater,i think those hater have had learnt bitcoin so explaining to those will be useless effort you spent on. better don't give a shit to them and keeping up with bitcoin. and as long the market is running and always having bidding list.nothing to worry about |
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For the bitcoin, you can just invest a certain amount of money every months. The price will rise in the long term.
That's sounds doable for an average investor, the good thing with bitcoin is that we do not need to raise a big amount of money because we can be eligible for investment, a little amount is already enough and we can do that on a installment basis which I believe would be easier for everyone. bitcoin is rarely rising in long term but as far as i know bitcoin price are more often rising in just short term. the latest price rising also just happen in few days or weeks. these sign mean that bitcoin is definitely not for long term investment. even investing some money every months will be helping you to have some profit out of it |
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It is all part of trading. That is why you should always read news about the commodity you are trading so you can anticipate if the movement will shift. Technical analysis is one thing, being aware is another.
not only news,sometimes news is just lately posted by the news website. always watching the announcement section of the coin would be the wise choice and decision. you will get updated information than on the news website and by having this you can prevent from any loss faster |
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It is only risky if you are not aware of the market or if you don't know how it works. If you hae all the knowlede to trade then you an do it without a risk. Anyway, all things involving money has a risk so youjust really gotta do what you want to do. There is no point in not risking if you want to move forward.
yes that is a fact that all kind of investing are risky but you can minimize your risk, if you have sound knowledge about in which you are going to invest your money or going to traded. to decide where you're going to invest also such a hard thing to be done,you may driven to the wrong place or project by some fudders and that's why better learn first before investing your money into some kind of project or business no risk - no profit  that is natural law |
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does anyone know of a place where i can buy btc with a credit card looking to buy i live in the usa thank you
I needed to buy btc with a credit card too a few days and found this website: indacoin.com , worked for me pretty good indacoin ? They are selling bitcoins right now ~$1163.34 almost $400 higher than preev rates (more than 50% higher prices). I just checked here in this forum, it seems they are not having any announcement/support topic here ? just checking out the rate in their website and it's awfully terrible, the rate is really way above the current rate and i'm curious how he could afford to buy bitcoin on that expensive rate except he's not knowing or not checking the current rate,even they accept credit or debit card,better find cheaper bitcoin seller |
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Well u can sell ut bitcoins at zebpay or coinsecure .which ever u prefer it will be the best for u .and remember there are many scams out in the market .so be careful while selling the bitcoins .its better to trade with people with some trust .happy bitcoins ..kudoos  trading with an individual is indeed risky and i suppose to trade with a company which proven having good service and trusted for a long time even though you can always negotiate with the price if you trading with an individual but the safety is the most important thing prefer having little lower amount of money than losing whole bitcoin |
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I think you can manage the situation of transactions that can save you from becoming fraud.
- Do not ever try to do business with people who are not trusted and are not known in the trade industry.
- Try to dig their account history: trust, posting history and what the user has done.
- You should always use escrow for each transaction.
good point for this and i should remember this for my own self. better we do trading with ourself rather to work with other person that we don't know. beside that escrow is a must thing that we should thinking before we make any transaction with every person so at least we can avoid the bad thing that will happen. the thing which is pointed out by jonpande is about how to make transaction safely with stranger not trading,and as you stated above you said better to do trading with yourself but my question is how the hell you can trade or make a transaction with yourself,those point above is really good and can be a guidance for a newbie,just confused with your statement |
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Bitcoin is not going to die, because technology will always pave the way for new ideas. I think there is competition also emerging from the new digital coin that also may be hard to compete with in the future but did not die.
Well, there is no obvious connetion between you statement and argument. Technology might pave the way for something totally different from bitcoin and something that would kill it, don't you think? And my thought is that there will definitely come the time for btc death, because nothing lasts forever and everything in our world requires some additional support to exist. If people wouldn't need btc it won't be there anymore. Only if bitcoin fails to adopt to the new technology and need. But bitcoin have solid devs and community support. So i think bitcoin will not die because of technological advancement. It may die because a new crypto is better but that there is no crypto better than bitcoin yet. It's the community that makes it alive, in this business trust are more important than devs. Most of the coins has good devs but they lack trust.. if some coins have a trusted devs then the coin may becoming success, trust is indeed important and so does with the devs,both of this may fulfill each other in order to make such a good combination so the project will gain its potential and people will see it,it's really better than having trust or good devs |
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