I think maybe one of the reasons is because some people belive they can make quick money gambling. Once people start to win money they start to take more risks, this can lead to a continuous cycle in which a gambler keeps losing money. Other people find it fun to gamble so this is the reason they get addicted.
I agree with you. People or rather the human being do not like making effort to gain something. They want the easiest way out, and since gambling is considered the easy way out, they always cling to it as if it is a real source of money while, in fact, it is nothing but a mere addiction that leads to mental sickness. Moreover, people are always hoping to win, and even if they win, they get greedy and start betting again. That is true but still it won't be that harmful for a person than gambling on regular basis. Actually, if someone is gambling now and then, that means he is just playing it for the sake of enjoyment. As far as somebody is able to control his greed for money, gambling is not deadly. |
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Before i used bitcoin for blackmarket, betting and sometimes for payments. Now i'm just investing and holding.
That's true. We all want to earn, good amount of profits from bitcoins. Other than this, bitcoins help its investor economically. It increases his capital and the currency can be earned with ease. I think, most of us are holding on bitcoins for future purpose and seldom happens that we sell out our bitcoins. |
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Yes, it can give an revenue but it is turns into more challenging and harder to earn them on the internet these days.
Earning the Bitcoins online today is becoming little tough because of the reason that the competition is getting tough day by day. You need to have more knowledge and good skill set in order to have a better standing. I think Bitcoin is the best way of earning money, all you need is to work little hard and that’s all. Very well said! I think Bitcoin is the best way of having a good amount of income for the ones who are not having some kind of job. The only thing which it demands is that you should have a little awareness about Bitcoin. There are many like us who are making a good amount of income from this Signature Campaign. |
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first of all it is not going to happen,if some of countries take initiative then mostly all of traders are going to bankrupt and not only that global business trading will decline to a greater extent.it will be good we someone make a stable price digital currency using cryptography to enhance trading amongst different business man but it can be possible in digital only not fiat.
You may be right but I think otherwise. Anything is possible and can happen in this world. If this happens, this will be the best thing which this world will see. You will not be worried about keeping this much different currencies and moreover you will feel free to invest in your money anywhere in the world. |
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My parent , especially my mom , she always tell me to stop doing bitcoin otherwise i will go to jail or doing bad things to social ! I don't get it ! Old generation seem very lack of experience in Bitcoin ! Why they keep telling us to stop when they even don't know how to check a simple email on ebay ! How to explain them guys ?
I know, right? My mom used to be like that, too. Now, she supports me, I think she's just worried about our safety, since there's so many bad news about bitcoin. Even tho she still doesn't really get it, but I told her that bitcoin is not a bad job. And all about those bad news on tv, well, it depends on the people itself. Technology has really evolved in leaps and bounds for last two decades. Honestly, even kids are now smarter than the young ones. So we cannot say anything to our parents if they find new technology concepts a little difficult to understand. Moreover, their first priority is our safety. At least we have parents who are here to scold us. |
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My biggest regret is i did not discover bitcoin early..
That is the only regret that any investor can have: unable to buy the asset when it was cheap due to lacking awareness. Indeed, it would have been more beneficial if you knew about BTCs earlier but again, it is not too late also. Do not weep anymore because BTCs is in dip and even now good amount of bitcoins can be gathered. |
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Try 10Eth. maybe Eth price as ratio in BTC
will become
Eth 8:1 BTC
and thats is a good profit bro.
because i think
Ethereum will be 10:1 on BTC
soon.
Thank god at least someone is wise enough to prefer bitcoins over eth. I don’t know who these are people that keep on supporting eth over bitcoins when they know the fact and can’t even deny it that bitcoins are the best digital currencies, and they can never ever be beaten by eth. |
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what do you think about pump and dump? did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
I think pump and dump are common term for the price of coins which are it go up and down the price. All trader called that pump and dump once the coin pump time yo sell if the coins dump time to buy. It's because to it's volatility, it can dip and rise but it will be normal what we need only is used the btc or alts opportunity when it pumps and buy some when it dips. Anything is possible,it's on proper planning can make us successful. Pump and dump are the terms used for the volatility phenomena of the crypto currencies i.e. pump refers to the rise in the prices of currency whereas dump refers to the downfall in the prices. I would say pump and dump is basically the beauty of trade. Traders sell when it is pump period in the market and often buy when it is dump period. You have nicely explained the definitions of the terms pumping and dumping. Indeed they are the essence of crypto trading and crypto market. I strongly believe that digital currencies won’t be that much interesting as they are now if they had stable prices. |
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right now i investing all my money in btc i hope btc become stable very soon for not loose my money
Maybe not all my money i put on funds into bitcoin just to make sure i have a safe keep that was left in wallet because thats a risk situation. If i decided to invest maybe 25% of it. Thats a right money to invest perhaps its a good investment someday for my self. Don’t worry; even if the prices are unstable there are often times when bitcoins are at very high prices just like they were in the month of August and in the beginning of September. Just keep believing into bitcoins and kindly avoid panic selling with bitcoins, it will put you in loss. |
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If you can take the risks associated with such a highly volatile investment, then bitcoin is just right for you. We have read a lot of stories about how people put their life savings in bitcoin a few years ago, and now they have multiplied their wealth many times over. Talk about a risk well played, which paid off pretty handsomely. Also, long term investing requires patience, so if you start out young, chances are you'll be rewarded for your investment decisions later on in life.
Every single business requires patience and offers risk. There is no one who became millionaire or billionaire without taking risks. Only that business man succeeds in the market that is courageous enough to take risks for making great profits. So I don’t think so such people are going to be afraid of volatile nature of bitcoins. |
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Bitcoin is Freedom on the grounds that at whatever point I have a period that I am doing work with it in light of the fact that Bitcoin has no time constraint like for working hours in a day on the off chance that you do work then you can earn.Bitcoin gives the monetary flexibility to the general population.
True and it only by means of work because in bitcoins you will have a freedom to transact online send payment or receive without identity of yours and most importantly is you can earn without limits.It depends on yourself what methods or ways will you do. Bitcoin mainly reason for freedom was in financials aspects. And give freedom to have big dreams and freedom to believed in that it will be achieve and fulfill. But it all depends on your way how you're gonna do it. There is no doubt that bitcoins have given us financial freedom. People are rushing to invest into bitcoins because in this way, they are going to be sole owners of their money. No one else is going to keep an eye on their assets just like banks and governments do. Indeed, at the end of the day, all depends on us how we use them. |
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Bitcoin's Value is volatile because there is a marketcap will decided how valuable bitcoin is, and that marketcap is effected by the investors all over the world, who owns bitcoin, if there is a new that disadvantage for Bitcoin, many investors will sell Bitcoin for real fiat so the price of bitcoin is down. If there is a new that advantage for bitcoin, more people know about bitcoin and they will buy Bitcoin, so the price of Bitcoin is up.
Well explained! There is no doubt that the prices and volatility of bitcoins is ultimately controlled by bitcoins investors. If the people who are having bitcoins in their wallets are not wasting them and selling them off in low prices, the prices are going to stay high and vice versa. Panic selling in my opinion is the key for dumping. |
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
I didnt agree with numbdr two because now the fees are so high compare to last year. Bitcoin now is the top 1 crypto currency in price and stocks. Bitcoin has lot of use, it can use for gambling,trading,investment and wallet not all coin has same usage. Prices are definitely high but as compared to the profits generated by bitcoins, they are bearable. No, you should never ever invest bitcoins into gambling, gambling is not a business at all, and it is just a way of entangling newcomers or like teenagers for grabbing money. Gambling is so evil that it ruined many lives, so just stay away from it. |
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I really regret the day when I did not spent time on doing research about bitcoin. I heard about bitcoin in 2011 but I ignore it and thought it was only an internet scam oronline gambling that needs to invest on it to gain something. If I could really bring back that time, I would buy enough bitcoin for whatever I have.
Time is like flowing water. Once it passes from a certain point, it never crosses that spot again. Similarly, we cannot bring the past back. Don't regret as you have still arrived earlier than many people. Humans make mistakes but crying over spilt milk is useless. |
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In 2013, I wished I was an early bird who bought BTC in 2009. In 2017, nevermind. Thank God I bought 4 years ago Actually, same in 2020  The regrets of yesterday translate into the lessons of today. Ever wish that you spent your first two years out of school working 90 hours a week or something like that? Think about how you will look back and see this day and time from the future and what regrets you may have about today. Can you change those things? Should you? Everything has its time and season. Yes I do regret starting up late, cos if I joined early and took this serious, I would have made a lot of money from this. I got in 2015, quit from, came back middle 2016 and things were intensely hot. Now is 2017, there is no need for me to quit cause I believe in the next one or two years. But still you are better than many. It is never ever too late to get into bitcoins and deal with them. Bitcoins are giving their best and this is just trailer. If we want to look up at the complete movie, we need to wait and work with bitcoin in patience. In the next few years, we all are going to be millionaires. |
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Banning of Bitcoin exchanges with the premises of China is a bad scenario because as far as we all know, and we can observe, the current price rate of bitcoin is now experiencing a real hard scenario in which the price dumps real fast that is really alarming and has a bad effect to the bitcoin users earning that we take hold and save for a long period of time. China makes the biggest portion of the crypto market and hence their action of banning bitcoins and exchanges. We are to stay strong even when the prices are going down. Hard times are the part of successful life. There are maximum chances of bitcoins to be the upcoming international currency. |
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It will rise up again maybe bu the end of the month. Dont worry coz it is just having a correction right now but this price will be back to high and will be skyrocketing again to reach its potential.
It is just the matter of time unfortunately if it goes down it will comeback with huge profit and will give advantage to the investor who is holding it. if prices goes down one should hold the bitcoin and wait for right time and when it rise again then come into market and enjoy the most percentage of profit and get joy full life . |
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The other rumors from China: Multiple Monday reports have added to speculation that Chinese authorities are planning to ban bitcoin trading on domestic exchanges, with no plans to stop non-commercial, over-the-counter transactions. After Friday’s swirling rumors about Chinese regulators reportedly drawing plans to shut down domestic bitcoin exchanges, the Wall Street Journal is now reporting that China’s central bank is looking to ban Chinese platforms from providing virtual currency trading services. https://t.co/kRAMlNTeXTAll china does is spread baseless rumors n' sh*t that it's not even funny anymore. Taking advantage of their political might to sway the market. So much for bitcoin's decentralization huh? This has nothing to do with decentralization. This is just the market being a market. The China ban rumors bring uncertainty, and markets hate uncertainty, giving bears an edge. And I think that's what the PBOC wanted--to calm the market down while it mulls over regulations. But no matter what any government does, it has no bearing on the protocol's decentralization. Panic sellers exist in all markets, whether the asset being traded is decentralized or not. Whatever China has done and still doing with the crypto coins' world is something that it is doing for the safety of its economy and national currency, at least this is what the Chinese authorities are saying and it is best to respect their decisions. Also, bitcoins and other crypto currencies are still managing so it is best to not pay much attention to political games. The decision made by Chinese is cutting them off from the outer world and they are neglecting the Importance of the most profitable coin of the world and they should accept this because this will also gave boost to their economy and the bitcoin business will grow in china faster if the biggest country will accept it than other countries will also join the lane of profit and business. |
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It is not falling it is increasing on daily based. If you thinking that bitcoin is falling then you are wrong actually bitcoin giving opportunity to people to invest and become a rich sooner.
Bitcoins are evergreen profiting investment which is green in whole year and it’s not falling if there is some low price that will rise again with huge profit and will make happy to its investors so don’t think like that invest and have faith in bitcoin you’ll get the huge profit and join the caravan of those people who are enjoying their lives by getting profit. |
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In our country, it's not so much a bad economic situation as people themselves do not want to work to provide for their family. The modern youth is completely lazy and wants money only by an easy way.
Basically the economy of a state totally depends on the people leaving there. If they are not willing to work hard, how will the economy of a state improve? In my country, we are facing the same situation. The economy is not that bad but some people are very sluggish and they don’t even bother doing little hard work for earning decent salaries. |
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