There are many advantages that we can get from bitcoin, not only can be used to transact payments, bitcoin can also be a source of income in various ways that we can use to gain profit.
Yeah bitcoin works just like the natural money in our daily living, bitcoin can be used anywhere but as of now we cannot do that because bitcoin is not that popular and a lot of stores didn't know what is bitcoin and how it works so they are not aware of this beautiful opportunity but i think this income years bitcoin will just like how we use our money like buying and spending bitcoins to buy stuffs in a local store. |
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The next halving is still far for the bitcoin and for us to worry about because i think in 2019 is the year when we are going to be prepared and the halving event also is one of the event that i'm preparing of because i believe that the price could reach up to 20x of the price now and if i collect bitcoin now and hold it until the next halving then i can really earn a lot of money.
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You earn bitcoin by some assignments online.
But the most easiest i think is by campaign signature.
Or one can even earn bitcoin with bitcoin faucets.
You can stick with signature campaigns because it is a good option to spend our time and earn bitcoin at the same time by posting our opinions or sharing some thoughts to the different topics or thread out there. Bitcoin faucet is not a good idea because it is worth and a very time consuming work and it will not give you enough money to sustain your life. |
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I was clicking faucets back in 2010 I think when Bitcoin was 30 cents a piece lol. I wish I had kept the BITCOIN I had earned back then. Then I stopped for around a year and bought a BITCOIN AT AROUND 30 BUCKS to invest in a site that died. That was another blunder. I should have just bought and held for a few years.
That is a very great opportunity for you but you end up losing your cheap bitcoins but we can't blame our self because we don't know what will happen in the future and what is the price of bitcoin after a few years. When i was just starting the price of bitcoin is just around 400-500 USD per 1 bitcoin and i didn't buy because i think it is too expensive and over priced for an online currency but now i regret those opportunities that i didn't grab. |
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I will recommend or suggest keep key hardware wallet because it is very easy to use and it also supports multi types of cryptocurrencies so you don't need to buy another hardware wallet for your altcoins because you can store them all in one hardware wallet. It is available on their site and they have a fair price for their products and it is worth it to buy.
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The safest way to earn bitcoins is by earning bitcoins through signature campaign,on the other hand i would not suggest you to go for gambling as you will end up loosing as it is quite addictive and dont fall for it.On the other hand ,you can do trading,well if you want to take risk,you can earn a lot of bitcoins.
Trade is not a very risky way to make a profit, you just need patience and study information about strategies. Yeah trading is not a risky game unless you don't have idea on the things that you need to consider or do. Trading only pays off to the people who have patience and also determination to master the game and also to learn the different strategies and things about trading that can help them to improve their trading performance and excel in trading field. |
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I think this is not a good idea for you if this time have to buy bitcoin at a very high price except for trade or investment, for fear the price will experience a decline will certainly lose.
The possible decline on the price is just a temporary lose for your investment because the price now will not matter after 10 years of holding bitcoin. If you buy bitcoins now and hold it for long term then the price now compare to the possible price in the future will not matter because the price in the future will be extremely high. |
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I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
The government must be aware about the bitcoins to accept it but not in daily transaction. That is very impossible to change the cash and use bitcoin for our daily lives. We can't easily adapt the changes if the bitcoin become our daily use. It is so easy for the government to be aware about the bitcoin because the bitcoin is already all around in the internet and most of the government in the big countries already noticed or recognized bitcoin as a good currency but just what like you said, it will be impossible for us to use bitcoin on daily basis because bitcoin has only limited supply. |
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I think bitcoin is one of the most valuable cryptocurrency this 2017. Maybe bitcoin's price will increase more and its value will be higher than last 2016.
It is already sir the value of bitcoin last year was already increase by 50% and i think before this year end the value was double as the value last year. That is why much better to keep bitcoin until 2017 ends. Not only for 2017 but for more years to come, the value has increased dramatically and it will continue since we have break the ATH that's why it keeps rising now. More good news will come and we will be surprise. I agree with you, this year and for the income years the price of bitcoin will grow even bigger and a lot of people and countries will embrace bitcoin as their another currency and that is how the bitcoin will become stronger in the market and i will not be surprised if the price will reach at least 5000 USD before the 2018 year ends. |
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A couple of months back (March), I remember seeing bitcoin dominance about 85% when It comes to the market capitalization. Its currently 59.2% and probably will continue to decrease in the next a few days. Is this something to be worried about? Source: https://coinmarketcap.com/charts/#btc-percentageI don't think that there is something to worry about because it is normal for the bitcoin to have a decrease on its dominance in the market because its price is keep rising so the power of buying a lot of bitcoin has been decreased also, if you look back in the last few weeks or months the bitcoin is very cheap so the dominance is over rated and now it is going back to normal. |
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this is one of the many transactions that I received, this was from some small exchange that I was trading there for fun and to learn more about how to use API in my bot and I cashed out all my balance worth $7.48. and this is my cold storage, which has been taking deposits ever since 2014  :  This is one of the reason why i love bitcoin because the price is continue rising up and even we just bought or keep a few bitcoins in the past few years then if we look at it again we can see a huge increase on the value of our holdings and that is one of the best for long term holders or investors like me. |
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For me there are only two ways to make bitcoin one is from altcoin trading and the other is from gambling as both of them can give you good money in quick time no doubt both methods involves risk of loosing money too but if you want to make it quick then you need to take that risk.
Gambling is not a good idea to earn bitcoins or even make bitcoins there because it is too risky for you to earn bitcoin with that. Altcoin trading is a lot way better than gambling because you are the boss and you are in charge on how you will grow your bitcoin and you can also decide for the risk because you can either go to an high risk or low risk coin to trade, it is all up to you. |
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I think it is all from the country of Japan because a lot of people there are new to bitcoin so i think the new volume for the bitcoin market is coming from the Japanese investors and i think it will continue to rise because i just read a new article that says bitcoin can reach up to 4000 USD per 1 bitcoin in the near future and that is very expensive price so i think it's still good to buy now just like the Japanese people doing.
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What are your thoughts for Bitcoin in 2017?
My opinion bitcoin in 2017 is really amazing even up to 1500 USD,This is probably the biggest bitcoin price record.
Maybe this is because bitcoin becomes expensive is from china
I don't think it is from china, most of the big news for bitcoin are all about Japan because they are one of the latest adopters of bitcoin and they already legalize bitcoin as their another kind of payment method. I think Japan is doing good for bitcoin and i think that most of the volume from an exchangers are majority from Japanese people. |
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I think the solution for the slow payments or confirmations and also the fees is having a lot more miners in the network to sustain the needs of the bitcoin network. We all know that the numbers of bitcoin users are increasing so it makes a lot of traffic from the network because of the transactions and the only thing that i know that can solve this problem is having an extra more miners in the network so the confirmation will be fast and the transactions will be faster and there is a possibility for bitcoin to charge a cheaper fee.
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Yes. Its worth your money. But the current price right now is very high. Its not the right time. Just wait for it to drop a little bit. While waliting for drop. Just look for other altcoin to buy. They are cheap but profitable. But not profitable as bitcoin. Maybe XRP or EtH is the best choice for now. But its up to you if you buy now or not.
yes you are right, the price now is very high , wait until the bitcoin price goes down a little bit and save it and stored it, they say that bitcoin will get up to $2000 at the end of this year, i think that bitcoin will continues to grow its value more and more, we should be happy for that, but it depends on you, you may also try to invest it in other coins. i do not think that the price of bitcoin is going down, its price is continuously increasing. we can see that the price of bitcoin is now trading above 1700 USD. therefore it is expected that the price of bitcoin will very soon cross 2000 USD level. therefore my personal suggestion is that still it is good time to buy an do not wait for the price decrease. yes your right there is a possible that bitcoin will reach 2000 so its time to buy the bitcoins right now. There is no doubt that bitcoin could really rich that point that it will have a 2000 USD price per 1 bitcoin and i think that it will be after the year of 2017 because a lot of things are coming into bitcoin and after a few months, i think bitcoin will be stabilized in Japan as a currency and it will have a lot of users and it will be a huge demand in the market and soon we will reach that 2000 USD or even more. |
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Of course bitcoin will activate segwit because based on the article that i read few weeks ago, the litecoin segwit is just a trial for bitcoin to see what will be the effect if the segwit will be applied to litecoin and if it will be a good then bitcoin will also applied it and we can see that the price of litecoin already goes up very high from $3-4 then i'm sure bitcoin will also activate segwit.
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin end once internet all over the world has become dead because we know that only internet can runs it. And i think that is happen but not now maybe its longer years before it happen. Being dead of the internet is impossible because a lot of people now are depending to the internet and also a lot of people and companies already made a support for the internet so it will be impossible for the internet to be dead and just like in bitcoin that it will be impossible also, a lot of big people's name already invested in bitcoin already. |
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I'm glad because of the bitcoin makes income a second real job in an Office. with trading I can generate about 0.5 btc and could pay for the installment of the motor.
Do you mean that you can fix your motocycle because of bitcoin ,right ? Bitcoin become more than investment recently especially when bitcoin value reach more than $ 1736 / btc I'm sure that more people will interest for investing into bitcoin A lot of people now are getting interested for bitcoin because they see a great price for bitcoin and the price is keep on rising so i don't think that the investors will stop from investing in bitcoin. I think for at least after a year bitcoin will become a very great currency and we can see a lot of stores accepting bitcoin and the price of $1736 will be just a cheap price in the future. |
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I think the best way at the moment is mining, with mining then we can produce a bitcoin. try mining and with the price of the bitcoin currently reach more than $1700 then we can get faster RoI.
Mining is not worth it unless you have a lot of money to invest in mining rigs and you have a great cold location so your mining rigs will not overheat and also you have a fair electricity rate so you don't need to worry for having expensive expenses every month. If you are an average person then mining will be not the best for you, it is best for all kinds of people to just do trading rather than mining because trading is a lot way easier to earn bitcoin rather than mining and it also doesn't cost too much. |
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