Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
What I do now was I stored my bitcoin at electrum wallet, and bitcoin core, and multibit hd. You can also use exchange wallets, just don't deposit big or huge amount of bitcoin balance. Yeah don't deposit big or huge amount of bitcoins in exchange wallet because you can't control your bitcoin there and you don't have your private keys because they are holding it. It is best for you to just use hardware wallets so you have protection for the possible hacks, viruses or malwares because hardware wallet like trezor will secure your bitcoin to its best. |
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I was pretty late in the game. Bought my first full bitcoin when it was a little over $900.
I started it quite late but still I am happy with what I have made with my bitcoin. I when purchased it for the first time its price was $800 and currently its price is $1,400. Almost more than 50% profit on my capital investment. Also I have earned some coins during this whole period and I am satisfied with my investment. Wow back in that time most of the people or bitcoin users are very hesitant in buying bitcoin within the 800 dollar price because they think that it is too high and it will fall back to 600-500 dollars again but look what is the price now and it keeps on rising, i think the same scenario will happen again and they will think that this price is too late to buy now but if you are true bitcoin user then you will look forward for the future and not for the next weeks. |
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Passphrase is created to be backed up and not to memorize or remember it, we should be write those passphrase into a clean sheet of paper and keep it into the safest place that we know so we don't need to bother our self in remembering the passphrase of our wallet and to be easily recover our funds when our wallet password is lost.
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Passphrase is not designed to remember it is designed for us to put it on the safest place that we know so when we forgot our password in our bitcoin wallet then it will be easy for us to recover our funds. I think you don't need to remember or memorize the passphrase, all you need is to put a copy on a clean sheet of paper and keep it so you will not be bother in memorizing it.
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I always see BTC performing one of the most important functions of money, to be store of value over time. Exactly like gold but better, let s say gold 2.0.
In addition, one can consider BTC being an investment vehicle as well, it s easy to invest and differentiate your investments into various projects.
I really do not think BTC will ever become classic currency, this is something other faster and more developed alts might become.
I agree with you that bitcoin is the second version of gold but a better one because it is digital and cheap in fees and also anonymous because we don't need to expose our self just to do transactions. I also agree that bitcoin will not be the classic currency because there is a lot of altcoins in the market that are keep coming which they improved some of the features of bitcoin. |
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I think it's obvious, for transactions and investment bitcoin better than real money, now we save $100.000 after 5 years then its value down, but bitcoin will increasing more than 500% in 5 years.
Nobody can guarantee that the price will increase that much after 5 years, we are just looking on the past performance but everything can change even in a short period of time. I do agree. In just one bad news, volitality can occured and its damaged could be huge and rapid, yet let's hope it won't happen. In the other hand as I see bitcoin's market, I don't currently see any reason why bitcoin is going to dump since there are many good news regarding bitcoin and projects are being introduced to investors which can help digital currency to be popular. That is why we should be careful in investing bitcoin at its high price because we can't control bitcoin and anything can happen and just a few hours or days a bad news can happen and it will drive the bitcoin price down to the point that we will become emotional about loss and can lead for selling our bitcoins for a cheaper price rather than the bought price. |
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now btc rate is high so you can sell your btc. after some time you buy btc when rate low. you don't think gambling it's risky.
It is a good point to sell some of our bitcoins if we buy at a lower price than the price now because we can secure our profit and enjoy it but don't sell all of your bitcoins because i am telling you that the price is not yet ripe for a fruit to harvest. You can continue hold your bitcoins and buy some when the price is low and make your sell point at least 2,000 price. |
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Anything other than signature campaigns and gambling.
A bit saved is a bit earned. So save your money by not clicking on any of the signatures of the people posting in this thread.
Trading still prevailing the number make way to gain bitcoin. This was already proven and tested which many has became successful in trading habit in crypto. Currently trading in crypto is very good for many members as they are taking some good profit but this need some good and hard work because without doing some work you cannot take good profit Of course, I agree with you, in trading crypto, we must be able to mastering any analysis in the market, fundamental analysis and technical analysis. Cryptocurrency trading doesn't need too much analysis in the market in order to make profit because it will be very easy for you to think if the price will go up by simple looking at the chart and the past movements and also for the news about bitcoin. That is very simple way to determine if bitcoin will go up or down but to be safe, you should invest what you can afford to lose. |
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I think btc is my future. I earn two way invest profit and increase price. so I keep btc for future.
I also believe that bitcoin is my future because i think that the price will reach 2,000 USD before the year ends so i'm collecting bitcoin as much as i can and i will hold it until the price reaches at least 2,000 USD and i will sell all my bitcoins and wait for the dips to buy them and that is how i will build my future with bitcoin. If bitcoin is future to you then you should not sell them when price reaches $2k and you should try to hold them for some more years as price will be much higher in long term so if you want to gain higher benefits from your investments then better to hold them longer. If you are a trader then you will understand why i have a target price to sell. I'm currently collecting bitcoins and just waiting for that and i'm expecting also a price dump after $2k price mark for bitcoin and when the dump happen then i will buy back bitcoins and keep holding it until my next target price is reached. I generate profits by trading not only holding bitcoins. |
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Guys, I'm Satoshi.
I did not create Bitcoin to be anonymous all my life.
If all goes well, it would be a pleasure to present myself, in all its context, and defend Bitcoin, and its principles.
Today I am here, maybe tomorrow in Japan and another day in Spain.
Thank you all, guys, thank you very much.
Satoshi Nakamoto.
if you are really is Satoshi Nakamoto then thank to your work. this bitcoin is the best. lol. How will you believe for a newbie account to claim that he is satoshi nakamoto. In fact, satoshi nakamoto will not be introducing his self to anyone because if he want to introduce his self to public then he will put a lot of evidences that will make his introducing session legit  . |
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I think the most common mistakes made by newbies is they easily get attracted towards gambling to multiply their bitcoins in quick time but end up loosing everything and apart from that they also invest in online sites without doing any research.
Sadly, even those who have been into bitcoin for a while are still lured into such scams from time to time. The promise of high yield in such a short period of time just seems to be good an opportunity to pass up, although they always regret investing in the end. Some of these investments are legit in the beginning but turn out to be scams because the high rate of return on investment is definitely unsustainable and can't continue until new members with incoming funds are signed up. This are the sites that are completely ponzi scheme and we should not trust those sites especially if they offer higher returns in any investment that they offer because if they are legit investment then they will offer a lower return but a longer service unlike the new investments sites that are fakes that is just lasting at least a month and running away with the stolen bitcoins or money. |
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You can buy bitcoins to the different sites out there and you can buy bitcoins directly to the big exchangers of bitcoin but if you ask me what is the best then i will suggest localbitcoins because it will be easy for you to find a trusted seller of bitcoin for a fair price and you can have a smooth transaction in that site which i also use for about a year now when i do sell bitcoins.
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The only thing that i know that makes the price of bitcoin stronger day by day in the different bitcoins exchangers market is the demand of the people who is really growing big and also the popularity of bitcoin which is a lot way bigger than last year and if you combine those two then it would be probably result for a very high price. You need to remember that we have only limited supply and the demand is getting bigger so we can expect up to 2,000 USD price this year.
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As a newbie to bitcoin i dont yet fully understand the full extent.
Of the movers and shakers behind this but its good to read a bit.
Of balance in this thread.
I think jts impossible to destroy bitcoin, there is just too many.
People involved for all sorts of reasons like people in it to make.
Quick money by trading, people in it to earn and purchase
Gooda with their free bitcoin and people in it for their pension
Yeah. It is impossible for the haters out there or the people who don't like bitcoin to destroy it because they can't destroy bitcoin or even control it without having a lot of funds in their pocket. Bitcoin is now getting stronger and its volume of money is keep growing so there is nothing can stop bitcoin. |
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Use your 0.5bitcoin in in investing in a trading site im sure if your lucky predicting the price of crytocurrency in the coming year or month you can earn a lot in trading currencies trading is the most recommended way to earn bitcoin.
In trading, it is not advisable to just stick to prediction because a true traders have skills and great analyzation for the price because if a trader doesn't have any knowledge then the trader will end up losing his capitals and will get a very bad trading history. If you wan to be successful in investing that 0.5 you need to think again if you are going to just go luck in the trading or be pro by doing research first. |
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Signature campaign, facebook campaign, twitter campaign are the best ways to earn bitcoins and all this methods are risk free methods to earn bitcoins and there are many campaigns that pays you in altcoins so you can collect those coins and then convert it to bitcoins.
risk free but very time consuming, Especially for those people that have a job in real world. Trading is the most convenient way on earning an income. Just learn how to determine what is the best coin for trading and it will give you a profit without investing too much time on the web. Signature campaign is the best for those people who want to earn bitcoin better than any faucet and they can be smart by using those earnings to invest in bitcoin and buy some legit cheap altcoins and sell it for a higher price. That combination is one of the best thing to do by most of the members here like me and that is very risk free earning bitcoin. |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
We really can't determine how much risk in bitcoin but I assure you one thing, if you are willing and has the belief with the charts of bitcoin. Then you are not going to talk about the risk instead you are going to compute the possible profit that you may get upon investing there. As long as you did bought bitcoin at lower price, that's good. Bitcoin investment is not that risky and you can just easily earn money by just holding it. The price of bitcoin is still cheap if you ask me because bitcoin is just getting to started to notice by the big countries and if the other big countries will follow then it will be easy for bitcoin to get a doubled price i think ranging from 2018-2020. So if you are planning to invest then bitcoin is very close to be 'safe' investment. |
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I am able to convert my bitcoin into money right away using cardless atm machine so I can say that even if some do not consider it as money, it is as good as any other currency we have around. If there are no nearby locations to use bitcoin, one can always just convert his bitcoin into fiat and buy what ever he desires.
Bitcoin is money and everybody consider that, bitcoin is just like another kind of advanced currency because it is virtual and it has a lot of features unlike in traditional currencies that don't even have one like bitcoin. I think soon we can use bitcoin just like the traditional currency but we need more adoption especially in our particular place so we don't need to convert our bitcoin to fiat. |
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No one ever really care if he is Satoshi or not, or even people really don't believe a thing if other people would say he is really Satoshi, and many people even if it is not craig white, they are speculating anyone they suspect as Nakamoto, for GOD's sake people stop it, if Satoshi Nakamoto did not introduce himself of his true identity then I think we should leave it like that, I think he leave's it that way is for the safety of his life and his family members and some stuff that are very annoying I think he just like to be a nobody.
Agree We dont care who's Satoshi Nakamoto we just know that he created bitcoin but it's not confirm so the end. Dont make it long just end this topic in a period Satoshi has nothing to do with bitcoin this day maybe if he cant control bitcoin. He cannot control bitcoin directly but some care if satoshi has gone out and introduce himself to the public. Besides his identity, the amount of bitcoin he holds right now is very significant because it can dump bitcoin like crazy way back to low prices if satoshi decided to move and sell his bitcoin but fortunately he is not doing it. Satoshi has something to do with bitcoin now even he cannot control it IMO. Now that I think about it he has a piece off the cake since he has 1 mil btc to say what decision happens with the future or he can threat to dump all btc in 1 go and that will cause a massive price drop. That is what i'm preparing for, if the bitcoin highest price will come then it will attract satoshi nakamoto to sell his bitcoins that is million bitcoins in his wallet. I hope that i can witness it so i can buy a lot of bitcoins and hold it and be the next winner again because if that happen then a lot of people will catch the dump too. |
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This is too boasting, if house has a price $ 120000? , How many years btc to reach the price with home? , This is too delusional in the long run, no one knows the future, or risk value will hit btc price.
If we will stick to one bitcoin only for buying a house then before the time that one bitcoin is enough to buy a house, we are already dead in that time and we can't buy one bitcoin = one house in our time because bitcoin will need a lot of money and time for the market to reach that point. So there is no chance for just 1 bitcoin to buy anything decent thing like house. |
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