Wow that is nice for someone to make 16 bitcoin in just two months. I think that kind of investment is more like recruiting or doing networking because my friend also do that kind of investment and i can say that is real because he earns a lot of bitcoins from that because he is very good at explaining and recruiting.

There nothing to happen if someone's lost their wallet password because it will just stay their and it will become untouchable because the wallet is locked by losing the password. But there still a way to get access to the account if you lost the password. If you still have the email which most of the online wallets requires then you can get the bitcoins back.

Bitcoin ETF is not a big deal for others because if so, then the price would massively dump to its maximum possible dump but we can see that there is just a small dip to bitcoin price and that is normal. So we can conclude that the bitcoin ETF decision is not a big deal and most of us doesn't care for being approved or rejected.

I think it is impossible for other people to don't use their bitcoin because if they do it for at least short time then it will affect the market  and the price will spike up because of shortage of supply and i think the shortage will eventually solved because bag holders will unload their bags because of the price and that is the reason why holding bitcoin for a lifetime by people is not possible.

That is true and that is one of the reasons why there is a risk for people who run faucet to get less profits than before because people now are practical and they didn't want to waste time in such a website that pays low rate because we all know that people right now are always hungry for earning big amounts of money so you can try other options but not faucet for being smart in getting profits.

That is right that is a good strategy to deal with the volatile price of bitcoin is to divide or diverse your investment fund because let say that you bought bitcoin for a price of 1250$ and the sudden dump comes so you already loss money now but if you do investing regularly and not just one time investing then you can minimize the risk of losing money and have a bigger chance of generating money or profits from bitcoin.

We should remove faucets in the lists of ways of earning bitcoin because it doesn't make sense because it can't give you enough money to make a living. Earning 0.1 from gambling is one of the worst way to try because there is no assurance that you will earn that target amount since there is no chance to have a basis in doing plays in gambling because it is full unpredictable and the system only knows what will happen. 0.1 bitcoin income per week is possible in trading but also a risky way because it nearly impossible to have a decent or smooth trades without risk just to earn that 0.1 because altcoin market are even more volatile than bitcoin so it is risky to get fast profits within a week.

Saving bitcoins is one of the best thing to do with your current bitcoins and there is a lot of good things to be a reason why you should save now. Saving bitcoin for a long time is one of the best option if you buy your bitcoin at a high price like 900-1000$ because you can see in that price chart that long term is still the best option because the price is unpredictable and it can be double or triple the current price now so if you want a good and big profit then long term is the best.

The certain dump is just an effect of the rejection for the ETF but like what you think i don't think that the effect will be permanent because we can see that the price is now in a recovery mode and it will touch 1300$ soon if we will just continuously buy the dump. There is nothing wrong for the dump and pump scenario or even panic selling because it is normal for a coin or cryptocurrency like bitcoin because every coin does.

I prefer trading over investing because i believe that trading is part of investing because when you do trading, you are buying and selling a certain stock and that is also how investing works. You are buying an asset or stock for at current price or for a low price and then you will keep it for a long run and then you will sell it. So for me i still prefer trading because you are in a way which gives you faster profits than a longer to wait way.

Investing all your money in just one portion of asset is like doing skydiving without parachute because there is no assurance that you will be safe for your trip. Bitcoin is not stable but if you are planning to invest big amount of money then you can do long term run which gives much bigger returns.

Yes that is very interesting way to try. I agree that we don't need to explain all the technology stuff that behind the bitcoin because it will be just confusing and it may cause them to lose their interest in bitcoin so making things simple like explaining the basics and what are the things you can do with bitcoin is the main concern for people like teenagers and children.

That is good for you that you are good in sports betting and you analyze a game pretty well. I tried sports betting also but i think that is not the right one for me so i abandon that. As of now, i do a little gambling and that is called trading which is way more better for me than pure gambling. But as other said we have different knowledge to use in earning money.

Nope that is not how explaining works because you will leave them a lot of question on their minds. If you want to explain it in an easy way without doing a lot of efforts them simply tell them that bitcoin is a decentralized currency and no one can control it and it is secure and also cheap in terms of fees and don't forget to recommend this forum to expand their knowledge.

I only know that just the stores accepting bitcoin but now also the restaurant accepts bitcoins too.
If this kind of adoption will continue then it will help bitcoin a lot in terms of adoption and promotion for it.
This is what we need for bitcoin because it is all about adoption and promotion to make bitcoin foundations even stronger.

Satoshi or Nakamoto Satoshi is the creator of bitcoin and he was my idol in technology world because he created this kind of master piece with a lot of great features like anonymity, price volatility and much more. He also holds a lot of stocks of bitcoin and one of the reason why he's hiding his identity is because he is afraid of getting robbed or threaten by someone.

Yes bitcoin has no competitors but there is always threats for bitcoin like the altcoins because most of the altcoins just copied bitcoin idea and if bitcoin performance will be low then those back up coins or what we called altcoins can be a real competitor for bitcoin and someday if bitcoin will continue to be bad then it will eventually loss the game.

Bitcoin will never do that; killing the income tax because before bitcoin can do it needs government approval and if the government sees that threat then bitcoin will be ban in a country. But, If the government accepts bitcoin then they will not allow bitcoin to be free because they will use it to generate income by doing tax.

Yes I agree. That situation is more like manipulating the game for their own satisfaction but we can't avoid that because that is one of the dirty rule of the game, if you have a lot of stocks then the only problem is that you got is patience, If you have that then you are already the winner. If people will keep hodling bitcoin and the demand cooperates and continue to go up then the price will be massive and in my opinion if that happen the highest price will be just bubble because of the bag holders that are waiting for that moment to sell off their coins.

That is right we already been here before and this is the 2nd time we are witnessing bitcoin to reach more than 1200$ price. Just like what happened before, i believe that bitcoin will dump again to a low price which we can a buy a lot and just wait for the next pump like this price. 2000$ is a high price and hard to reach for bitcoin and i think that price will be reach after a few years because bitcoin price is not that much stable.