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Yes it is worth to buy bitcoins even the price is already high now because there is still a possibility for bitcoin to reach even higher prices in this coming months because a lot of things are going well like the altcoin market that is also doing good and if their community will go and still support their altcoins then it will be a big help for bitcoin too because the main currency in altcoin market is bitcoin so its still a good choice to buy now and hold for a long run.
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Yeah that will be a great idea.
Bitcoin will be more popular to the people.
I agree with you. Advertisement will be such a good help for bitcoin to attract more people to get into bitcoin world because a lot of people in the world have television in their houses so bitcoin advertisement on TV will be the best idea to promote bitcoin rather than promoting it on social media sites. I hope this kind of advertisement will reach to my country so a lot of people will be interested in bitcoin. |
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I am fascinated by Cryptos, do you think it's feasible that I can actually earn bitcoin without investing fiat. Your thoughts?
Yes you can earn bitcoin without investing any penny from your wallet because it was just easy to do that. You can start by creating an account here and ranking it up with a good post quality like what you've just got started and you can do some simple tasks here to earn money and you can also write some essay like a blogger and then can pay you in crypto and that is how you can earn money without investing or using your own money. |
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It is not that hard to convince someone to use bitcoin as their source of income because this days now, we don't actually need to convince people because the non bitcoin users are already coming into us to beg for a help in using bitcoin as a source of income and i see a lot of that around social media sites.
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blog contest, signature campaign and social media campaign can become a good income. or you try to trade altcoin in poloniex, there are many choices of coins, so it's always good to make a profit. I also started from the small capital and at least can get better in there
Blog contest will be enough for a person if he/she love writing such an essay about something because it will be a lot of fun for a person that who got passion for it. Being a blogger can help someone to earn a lot of because most of the coins out there offer an above average rate of payment for just an average blog content which is very good opportunity for bloggers. |
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I think the best source of income in bitcoin is the trading because I earn every week by doing that buy low and then wait the price increase and then sell it just simple only. I also recommend signature campaign by doing posting you can earn bitcoin and depends on your rank. I dont think hyip is good source of income because 100% or all are scam it cannot help to grow your bitcoin your bitcoin lost if you invest of that kind of investment.
There is nothing to debate here, we all know that trading was the best source of bitcoin today because all the market is all doing great and the altcoins are keep rising up even the bitcoin is already on the high peak. I also earn a few amount of bitcoin in trading and that is those gains are bigger than any investment that i've ever tried. |
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Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.
This is getting insane and is completely uncalled for, or am I wrong?
I guess yes, if you just make a small amount to transfer I guess that is bad news, making this fee every transactions you made is so badly insane, what if you just going to send just $1 for the task you ask for then it is like paying him a couple of it. So it is better to just do transactions when it is really needed because those small transactions can be a hassle for people because that $1 payment will cost an average transaction fee that is too annoying to see. So if you are asking for a task then you should send the payments in just one transaction and not that small amount of money. |
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an hardfork won't kill bitcoin, and hardfork it's just an excuse to generate fud and try to buy cheap coin back
every time you see a fall in the value is because soemone is manipulating to buy back cheap, it's never because bitcoin is dead or bullshit like that
besides this there is no hardfork issue, and BU will hardly made it at this point
Yeah all of the hard fork issue and all the problems that bitcoin already encountered didn't cause too much for the price to come down because bitcoin has a lot of users and a big community that is keep supporting bitcoin over the time. So it is not that big issue for bitcoin and those people just want a cheap bitcoin because they can't afford bitcoin at the current price  . |
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Because it is very easy in all it transactions .
Bitcoin is very simple and it is not like other once. It is simple in a sence that within 2mins the transaction is done.
I think it is not true to see the transaction that can be done in just 2 minutes because if you are a true bitcoin user and you send or do transactions with bitcoin then you can't get a fast transaction like that, if you want to have a 2 minutes transaction to be done then you need to put a lot of fees to get that very fast transaction. The average transaction right now is getting a few hours before it gets confirmed. |
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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 would end up only, if all users will be gone away or disappear in this industry, and that will happen only if the features of bitcoin will no longer be implement and not function properly which might cause of the community be get disappointed unto it. which will lead the value goes down into zero. Ofcourse because the popularity of the bitcoin depends on the people who are using it. If that number of people are perfectly gone bitcoin will soonly die because of people are not using anymore. And the worst situation is that if there are another cryptocurrency that have been invented and can overcome bitcoin because of i'ts better and good value or ways of earning. Yeah that is how important the user or the demand that bitcoins have. If bitcoin doesn't have any kind of demand then its market will be useless and there will be no money circulating to the market that will cause the price of bitcoin to be stuck or be dumped so hard until bitcoin becomes a worthless thing and eventually died. |
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Hey, I have been away from bitcoin for a while but still following the price, it seemed like it was going up very steadily but now it just blew up, did something happen? I mean it's like a 300$ increase in like 1 week.
Is it just a random spike or was there something that caused it?
Of course the price will not go up if nothing happened, there is a lot of things that already happened and i think it is combination of news and hype for bitcoin because there is a lot of news that are keep coming out for bitcoin and also the hype of high price are getting involved by the big investors and the whales so the price is keep rising and soon we can see a 2000 USD price for bitcoin. |
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Bitcoin holds negative image in the minds of people and they think that bitcoins is used by criminals and it is used for illegal activities and that is the reason its not getting support from the people and government.
This is one of the reason why other countries doesn't want to engage and start using and adopting bitcoin. What comes to their mind is that it can harm their economy and they will push their people to start engaging into shady transactions. They really don't understand bitcoin as it is not just only for those people that had been using it for their illegal deeds. But soon, they will understand that bitcoin is a good tool to help their economy and they will start using it. Right, even the government they cannot see the significance of bitcoin to the people they are just into negative side of it, they do not look further out of it. But we hope someday things will be okay and soon to implement as the world currency. Those shady transactions and some negative aspects of bitcoin must be erase into their minds. In my country Bitcoin I have not yet been legalized, Although there is no law on prohibition. But at the same time the banking sector is very actively using blocking technology. I think it is better if your government in your country do some research about bitcoin so they can think about it and decide if they will accept bitcoin because if they are doing a good progress in your country then it will be easy for them to notice bitcoin as a good investment because just look at the news, almost all the big countries are accepting and using bitcoin so it will be a huge help to your country to adopt bitcoin also. You can build your small community from your country so you can build a group that can help bitcoin to notice by the governments there. |
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If we advertise bitcoin on T.V then it will be big step up for bitcoin to be notice by almost all the people around the world because television is every where and almost of the people watch tv so if we advertise bitcoin with a good explanation then it is a common sense that bitcoin will be big and it will pump so high and it will become an instant famous currency.
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Great list, I don't spend too much bitcoin but when i do, i just spend it on the steam to buy some games and sustain the things that i need there. I think i will try the purse site because it says that i can use it to buy things on amazon which i will get a few discount. Thanks to the list, great help!  . |
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bitcoin is money . you earn btc and spend it. now a days btc is world currency. any people can use btc and earn profit.
Yeah correct bitcoin is a currency and i think people need to have this in the future and this can be used in online shopping or in all online transaction without more hassle. And also bitcoin is a good to have as an investment because it will give more profit yearly to have more bitcoin is much better for one investor. I agree with you. Bitcoin is all around tool because we can use it to buy things online or do transactions or make it as a payment when exchanging somethings rather than using our fiat money. Bitcoin can be also an investment which will give us a lot of interest at the end of the year and it could possibly double our money within a year which is a safe bet rather than any other risky investment. |
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It is rather not advisable to leave a job because of bitcoin, earning bitcoins is just an alternative source of income but earnings generated from bitcoin is not much and may/ cannot be used to sustain a family but can be used to offset some minor bills.
But if you do not have any work in real world. Not a problem to work and make bitcoin as the main income. Because there are also many people who depend on their lives from bitcoin It is risky to depend on bitcoin only, It doesn't mean that the bitcoin has a very high price then we should go full time with bitcoin. We always need to remember that bitcoin is just basing to the demand in the market so if the that demand will not be stable to support the current price then it will be a loss for us. So it is safe to make bitcoin as a part time job and part time income and don't go full time and risk your future. |
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I think doing it is risky big enough because all your money is in cryptocurrency and if that's crypto has a decreasing in price the auto you will experience big loss. eventhough if price up you get bigger profit it's better to have in safe zone with half your money in crypto.
I agree with you that investing or putting all your money will become a very risky move because we can't be sure what is the next move of the market so it is best to just invest a few amounts of our money and do the safe method to minimize the risk which is buying regularly so we will not be stuck at a single price and we can buy to the average price as much as possible. |
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Waw is good, but I'm ready for the future. Bitcoin will one day become the world's digital bank. Hopefully :d
Bitcoin is already a digital bank because when you get a bitcoin wallet and get some bitcoins then you already established a bank for yourself because in bitcoin, you hold your own money and you are your own bank and you don't need any third party organizations to just make transactions fast. Bitcoin 20 years from now will be one of the famous currency in the world that already made a lot of changes. |
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We can't determine if how many but i can say that it is just a small amount of people back in the year of 2016 because the price is just starting to go up and most of them starts to sell and only a few of them still hold bitcoin. In the case of users of bitcoin in 2016, it still a few because bitcoin is not that popular and it just starting getting attention in the end of the year.
in fact there i no such mechanism through which we can find out the the real users of bitcoin. but i think from the the increasing price of bitcoin we determine that the number of bitcoin users are increasing, which is increasing the demand of bitcoin and so the price of bitcoin is raising high and high. hope that very soon users of bitcoin will be available in all over the world. Indeed! Bitcoin users are increasing and it affects the price a lot and we can see that the price is still rising even the price break the latest ATH. I think this kind of movement of bitcoin is a sign for us that it is best for long term and in fact, i bought some bitcoin last week and i'm still holding them because i want to sell them for a 2000 USD price so i can enjoy my profits. |
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In my opinion,government would't accept bitcoin but release their own national electronic coin
I don't agree with your statement because if government will not accept bitcoin then can you explain what does the country of Japan already did to bitcoin? They already legalized bitcoin to their country and that is one of the reason why bitcoin is getting too much attention and increased to its price because of that so i don't think government will not accept bitcoin because if they realized and saw some potential from bitcoin then they will eventually accept it. |
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