I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.
The important thing is that we can benefit when we sell Bitcoin. Because whatever the condition as long as we can get a profit margin then selling is a wise choice in my opinion. Due to the current uncertain situation we can not determine the direction of the bitcoin price movement. Prices may increase and may also decline rapidly. So it's better to take the safe way and also not to take risks. that is right. I think with the recent fast moving or volatility of bitcoin prices, it is ideal to just target just a small percentage of gains like 3-5% because this way, you can easily achieve this and can be saved once the coin's price goes hard low after just a slight increase. Don’t be at least this much silly with bitcoins. We all know that bitcoins are the most trusted and popular currency in the world not only in terms of international currency but also in context of producing big profits. Earning profit of just 3% to 5% is very shameful if you are working with bitcoins because they can make you earn 100% profit as well. |
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They aren't risky if you or any trusted thirdparty holds collateral up to 140% of the loan value.
You may be right but I will slightly contradict to what all you have said. I think loans to be very much risky. I will never appreciate anyone to go for loans. If you have made up your mind to get loan, then you need to be very much careful in deciding where to invest that money. You need to be over smart if you want to earn money. |
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NO!! Who said this and created this thread is so surprised right now because bitcoin is still alive and increasing from time to time, this crypto will be seen in internet in the next next year until it will not end so better to invest now.
You are very much right. I can hardly find a reason to support this argument that Bitcoin is dead. For me, it is just the start of Bitcoin and it will rule the international market one day in a way that no one can even think of. Bitcoin is gaining the attention of all those sitting in the market and people are investing in it as much as they can. |
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Bitcoin is a cryptocurrency so it means it uses internet for it to be transferred or to be used.I think that if the internet dies,bitcoin will be very much affected.Not only the bitcoin but all the cryptocurrencies out there.
If that would ever happen the eventually the economy of every country will also going to have a drop down, or worse currency would be not so relevant anymore. If you would think about it internet is the heart of communication is it not? So If it really happen all the transaction of other countries is not gonna as relevant as it was, although we still have radio communication still internet is the one thing that made it even more stronger and easier. I think the only thing that will end Bitcoin is if the community rejects the “power tech stock”* and everyone decides to move on, with the exchangers and all bitcoin platforms being shot down and deleted from the Internet; everything about bitcoin will then end. If not that way, then no other way for it to end. When all the countries of the world ban on bitcoin. Secondly if people stop to invest in bitcoin then definitely bitcoin will die but it is looking impossible to me as the number of investors as well as the quantity of investment is increasing day by day and it is obvious and crystal clear that the increase in investors and investment indicates the long and non terminating life of bitcoin. |
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I heard it at symbianize.com, I have an account back again there and there had been a great deal of customers interested in faucets, so I experimented with but I located it unexciting and later I uncover that it can also be utilized in gambling, so that desire me and until now I am nevertheless gambling with bitcoins.
My story is somehow different from yours but the common we both had is unexciting. My friend used to tell me about bitcoins every time, I didn’t believed in this charismatic attribute of producing more money out of bitcoins so easily. Then I got evidences and now I am earning enough. |
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In my opinion, bitcoin is for investments, not for purchasing common goods and services. Bitcoin is advantageous in several ways, one of it is privacy and another is bypassing currencies. I disagree regarding about the convenience. I think if you use bitcoin for investment it is more convenient because time and knowledge will be your tool for earning. Just an opinion.
Exactly very well you just explained. Why are we supposed to use bitcoins? What are their advantages? Everything just covered in the attributes bitcoin endure. The privacy, ease, convenience, more yielding in profit, famous, million users, praises and much more. Bitcoins proved themselves to use them for better future. |
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I think it could grow up to 20%, not all people have gadgets yet not all places in this world has internet and only a few people are interested in bitcoin.
You may be right but you never know what will happen in the future. If we see the past record, then there is hardly any reason to deny this thing that the graph of the people showing their interest in Bitcoin has increased significantly. The number will no doubt increase in 2020, but you can’t tell the exact numbers. |
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or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
I strongly advise you before entering into the world of commerce should try to first understand the market activity and conduct research. Because I believe many people who just rely on luck and can not control emotions, it can make us panic. It is the most famous quote and an advice for traders to buy low and sell high. Traders should buy bitcoins when their prices are low in the market as compared to other cryptos in the market and sell their bitcoins when prices go up till where they can make maximum profit from them. |
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I think yes sir. Bitcoin is promising that its value keeps on surging. Imagine having a bitcoin that's a million dollar value in the next decade. Invest now, be a millionaire later.
Yes anything is possible with bitcoin in future so the best thing would be to collect as many bitcoins as possible and save it for future and if the price goes in millions then even 1 btc can make you millionaire and if you have more then you can be even billionaire. Yes it is also a part of bit coin business to hold your bit coin for a specific period of time but I may disagree with you that only holding bit coin is not the philosophy of getting profit because some time you invest and get profit instantly because no one knows about the future of bit coin |
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Jamie Dimon statements against bitcoin. 2014: It's a terrible store of value. It could be replicated over and over. They will eventually be made as a payment system to follow the same standards as the other payment systems and that will be probably be the end of them. 2015 : You're wasting your time with bitcoin. No government will ever support a virtual currency that goes around borders and doesn’t have the same controls. It’s not going to happen. The technology will be used, and it could be used to transport currency, but it will be dollars, not bitcoins. 2016: Bitcoin the currency is going nowhere. There is nothing behind it, and if it was big the governments would stop it. 2017: Fraud, tulip mania, blow up, won't end well. Dimon has been criticizing Bitcoin for quite some time now, did it stop Bitcoin? No. It is growing. Parroting the unified media statement of the banks only points the finger back to themselves and uncovers how scared to death they are vis-a-vis bitcoin. Their actual goals are to make savings, present some "innovations to their investors", and to preserve the financial status quo, not to enhance it, not to repair what is wrong, no!
That's why I strongly believe in Bitcoin, there is a vision for an independent private ownership, for a free and voluntary exchange. Bitcoin may not have the budgets and the PR crew, it may have technical difficulties to overcome, but it has a clear reason for existence.
Banks and the state, both gemini have been petrifying for too long, patching the cracks by bailouts, by establishing heavier systems of control, by printing money, by growing bigger and bigger. Bitcoin is the diet for current overweight banking system. They have no chance to be as agile as new fintech startups and technically they can't stop Bitcoin. Of course they will try to discredit it and whether they succeed also depends on how much attention we give to them. - Alena Vranova, SatoshiLabs Just ignore the FUD. https://cointelegraph.com/news/bitcoin-experts-jp-morgan-speechEveryone has his own ideas and thoughts about bitcoin. As I do not agree with some of the people you mentioned here. Besides their thoughts and maybe research there are a lot of people who still buying and investing in bitcoin for the purpose of earning in the future. May be the end of the bitcoin will not come just of the payment system like others. It is all about the outcome. The more the profit the more the people will invest. |
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I am not surprised. What else do you expect to hear from him? He is one of the people who have corrupted the system. The funniest part is that he knows the truth but it is so bitter to him.
Same here! For me, his words matter the least and he has zero effect on my behavior towards bitcoins. He can bluff whatever stuff he likes to and most of the people here won't care because this community is full of smart ones. Bitcoins will prove him wrong soon. |
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For me spending Bitcoin is a terrible idea since Bitcoin historically increase its price one hundred percent yearly. Unless Bitcoin does not reach it full price I will not spend even 1 satoshi for my expenses. I understand that some people need extra cash for daily expenses but as much as possible save your Bitcoin as much as possible because this type of investment can be higher than gold.  You do not understand that by such actions you do turn bitcoin into a huge bubble. You can spend a lifetime collecting coins and in old age to know that they do not give half of what you planned. Any currency must have a turnover. If people will use crypto currency in everyday life cannot be banned. Think about it. I am very much with you about the fact that if we will keep using bitcoins for daily purposes, they will definitely increase in popularity making them more valuable. There is no need to waste money on other so called evergreen and profitable coins or assets like eth, companies etc. |
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I am using online and desktop wallet right now.
Trying earn more bitcoin and once have much I will buy a ledger.
It is a wise decision to earn more bitcoins. As we all know that bitcoins can return ample profits in a short period of time so if someone loves his life, he will definitely go for bitcoins. After all the bad news from China, it’s worth is still 4k dollars, which shows its capability of surviving. I use two wallets, Electrum and Bitcoin.info. |
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It seems like it's a policy of the Chinese government to protect the citizens from fraud with the ICO projects. Because there are many ICO projects created by someone to treat investors. So when lots of the ICOs became a fraud, the China's acting quickly to make regulations on it. It due to Absolute bloodbath as well. Hope the market turn to be good.  That will protect us. Now people can't create ICO ez. avoid scam. We can verify information about dev China has given the view that it was trying to protect the investors from scams and frauds. Its officials also said that ICOs were a disturbance to their economy so it was the need of time to make the unregulated regulated but before that they were supposed to ban ICOs which will be resumed soon. |
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Bitcoin is falling may cause panic? Not necessary to make panic..its an opportunity to buy bitcoins as much as you can, We don't have assurance of its precise value either up or down but to those who already understand the characteristic of bitcoins. They already knew how it works besides they are not afraid when the value drops because it will recover in the upcoming days..and a good chance to earn a good profit someday..Its normal ...
To new members, it does cause a lot of troubles. I have many friends who only know about bitcoin for a few months and it does make them panic whenever the price of bitcoin drop. We know that bitcoin is good and it always goes up, but the new members do not have a good belief like us Yes ,because they will more follow their emotions than us who already knows the normal things that happens in bitcoins .If im a newbie from $4900-$4000 i would also sell .Its part of their grpwing to experience and learn from it. For most of the people if the if the price of bitcoin falls they will feel no panic, because patience is the most important thing in coin business. Be patient and you will see the rest. Just as for me there is nothing to be panic and worry, just relax and continue trading in bitcoin and at last it will give the fruit. We see that bitcoin price is growing more and more till date. Falling is just the care. |
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In fact using just one currency will make things easier for everyone.. Literally...for the normal people for the government and for the corrupted society too..😅 Its more like a double sided sword... It willbe easy doing transaction and everything and prices will become stabilized for everyone in a while thus will be beneficial but at the same time..it willbe easy for people to exchange... Black money because usually when you convert international currencies govt. Does take a note of it and still some people manage to do so....so.. Making that currency only one... Will make this task easier for them.
Different people think in different ways. You think that one currency will make the things easier and many people think that bitcoin will create more problems. Because the governments will never accept and legalize bitcoin in their respective countries and will ban their fiat currency. Because every government want hold over their currency. They print if they need more, while in case of bitcoin the people will be totally free from governments rules. |
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Bitcoin will only follow the dollar but will not replace the dollar, take the easy example until now there are still many people who make transactions using real money and still have to meet the second party without knowing how to transact via ATM, currently we are discussing about Digital money there will be more People Which will have difficulty in transacting.
Can't really say that what you are saying is completely true. Sure, Bitcoin does follow the dollar right now but soon enough it will be the other way around. What we are part of is not simply "Digital money". We are part of a revolution unlike any other where we, the people, take full control of our financials and put the power back to where it belongs. I certainly can't wait until the banksters on wall strett stop dictating what I can or can't do with MY hard earned cash. I can't wait until the day we see poor countries truly get the help that they need thanks to Crypto and Blockchain tech. You have to remember that Bitcoin also stops corruption more or less, both within govs. and banks. I'll make a bold prediction and say that if we continue in the same pace we are today, in 50 years people won't talk about the dollar, or the euro or any other currency. There'll only be crypto and Bitcoin will be the at the helm. I agree with you. Not only transactions there are many more obstacles in bitcoin to be the number one currency of the world. But we are not of today we are talking of the future. And I think in the future bitcoin will be the only currency of the world. It will eliminate all the other currencies fiat or crypto from the market and bitcoin will dominate alone. There is a lot of possibility for bitcoin to overcome. |
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the biggest problem is too many coin. So Hard to follow information of many coin. You are very much right. I think you can only be good at trading if you have good IQ and that you can manage the things well. This is what trading is all about, you need to have information of what all is going around in the international market. If having information of so many coins seems difficult to you then reduce the number of coins. There's a need to masters it. Sometimes having knowledge is not enough to fully earn on it. So better work on studying it and trying different strategies that will make you more successful. You are right. There are many problems which you need to face on daily basis as being trader. You can only face those problems if you have enough knowledge and a sharp mind to make the correct decision at the time when you need to make decision. I think decision taking is something which any trader should focus the most. |
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i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.
your step is very precise, you must sell altcoin when it is good price and is in need. holding the coins too long is also not good because at any time the price of coins can drop drastically so when the price has reached the highest point better sold. You have rightly said. Holding the Bitcoin for quite a longer time can result in loss but it can also result in having a lot of profit as well. I think if you want to play a safe game, then better is not to go for long term holding. You need to have something in your mind that you will sell you Bitcoins when this much profit I’ll be getting. Holding is good but it can go the other way too if the price of bitcoin crash in future then your holding would go in vain so the best thing would be to sell your coins when it hits your target price as getting too greedy can also have negative impact on your profits so better to sell when price goes higher and buy it back when price drops. Very well said! I think there is always a right time to make a decision to sell the Bitcoins for everyone who owns them. I think no one will definitely want to sell the Bitcoins at less profit, I think it is you who has to decide that how much profit you want to earn from it and for how long you need to hold your Bitcoin. You can only make the correct decision. |
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in the future, more gambling apps will be developed.
No doubt. in the mobile internet era, and thanks to encryto currencies such as bitcoin, the world is turning to a whole casino without cashflow limits.
I'm pretty sure it is 'cryptocurrency' but not encrypto currency. And, the world is not turning to a whole casino without cashflow limits, it has. and this process will accelerate the extinction of fiat currencies.
How is that supposed to happen? Fiat is not just used for gambling, that if the world turns into a casino using crypto currencies fiat will be wiped out. if one mobile gambling game can spread all over the world, installed on millions of mobile phones, on that day, it will be possible to control the currency rate of one country.
Didn't get that point. How could a casino (no matter how popular) can be able to control the currency rate of a country? Care to explain? This is first time that I have heard about something but I can try to answer your question. A country economy depends up on the earning of his individual and casinos are some real business. Its owners make a lot of money hence improving the economy but still it won't affect the currency a lot. |
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