Yes im buying bitcoins, I have many reason, to get a great profit. to entertain my self when im playing gambling games or betting games. And many more. But getting a great profit is im main reason why im buying and using bitcoins
you cannot do business or investment and at the same time you do gambling, for sure, gambling would pull your capital and it would just become a hindrance to success. Basically, the gambling always makes they users become an addicted person. And for sure not just a capital, maybe a lot of your property will follow pulled by gambling. and that's why never to mixing(better to called continue or try) gambling with your business or investigation |
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I have never pay bill online using Bitcoin. I wish I will be able to do that one day.
Well , Does it's using a bitcoin from to pay the bill? I can say never for, this time. Many bills are just only accepted payment with local currency or local balance. but I sure a lot of members in here can pay a bills using bitcoin(They get some money in bitcoin form and exchange that to local currency) |
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What's the longest you have gone without checking the price of Bitcoin online?
It depend on you, if you want to get profit day to day than you should check it daily, . this rules especially for traders, it's becomes any obligation. because this little thing can bring a lot of usefulness for traders. getting a profit for daily. but that's is will waste your time just for back and forth checking the price of bitcoin. |
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Sure, every currency is using for illegal activities at my opinion and it's can't be fixed anyway, people earning money in different ways as possible.
yeah, fiat is also really often used for bad things in my opinion, i hope that this willl somehow be permitted in the future but now we cannot do anything about ir i think Well, all of this is come back to the people intentions, because main actors are human, and then we can't blame everything to eliminated the mistakes. fiat and bitcoin just a tool, but some people is over exaggeration to judge them. |
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Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
you do not need to think about it's illegal or not, from your sentence. it's showed impossibility... and from where you know if that's amount are belonging to somebody else? |
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In my opinion if miners stop mining Bitcoin the supply of the coins remains steady and the price would rise because of high demand and low on supply More or less it's will happen with the supply... because the miners are the main bitcoin supplier.... and the price will rising with faster because bitcoin is become a rare things you can get.... |
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Do you always missed the right time to sell or buy bitcoin?
Yeah if what you mean of right time is best price of buy or sell. But that does not matter. What matters is if you have profit when you sold or is it still profitable when you bought. I had the same understanding with you, it's not a problem for missed the right time to sell or buying bitcoin. there is another time to do that. in my opinions, all of the time is always right but it's relied upon with human's personality whether or not taking the advantages of the opportunities. |
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Offering your services for Bitcoin is a great way to grow our Bitcoin, Some many are forget about this things. offering service is best of the best way because this job can be mixing with another job at the same time, it never needs a lot of requirement, just skill, and experience. for example, you can become a personal local exchange in your country and at the same time you can for doing the trading. |
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no minimum for trading. You can use whatever money you have.
That's true no minimum requirement amount in trading, there are some people is say in trading have a minimum requirement for to do that it's just bullshit. the minimum, maximum or another form it's just a size to measure the experience and knowledge the people in trading and how many profit they can get. but starting trading it's never needed a minimum requirement or limited amount. |
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The most important feature of bitcoin is what I believe is its price and huge potential to move up to any amount. So for me, bitcoin is an investment. I don't buy things using my bitcoin. I am just accumulating more and more of it.
I expect the price to go up and I am looking for long term investment. Probably 8-10 from now.
as if you save it for future then you can expect higher profits from it as price will much higher in future. No one can predict the future just be a realistic person, otherwise from that. Sometimes the reality is different with any expectation. I can say fine for you believed with bitcoin but there is another reason, you need to consider about that. |
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I do still believe in BTC, but I am still unsure about the future of it. I do have questions in my mind like: what happens when the max amount of BTC will be mined, will it rise/fall? What if the USD collapses? What if the Bitcoin will be used as a global currency? How much would it be worth?
There are a lot of questions I've got. For a short term, I am going to believe in it. But we never know what the future can bring us.
will invite more people to this currency and will prefer to use this currency for our normal use then this currency will establish and it will have a very better future and will have a very good value. The users increase is the main factor for bitcoin to reach their future. and what should we do for now? trying to invite another people is unfamiliar with bitcoin to interested for using bitcoin. maybe it's a good thing to give a little contribution for bitcoin and ourselves. To increase the adoption level of bitcoin we need to recommend to the people around us to start using bitcoin, more users will lead to higher price of bitcoin in future. Explaining Bitcoin to people around us is great but we can't force them to start using Bitcoin if they don't want it. The media with their anti Bitcoin approach does also have a very serious impact on them. It's not something they can esily get out of their head. But it's too difficult to make a recommendation for people who never know or unfamiliar with bitcoin, it's will needs a lot of energy to tell them and possible for some institutions or organizations will against us. maybe there are some people is easy to receive any recommendation about new things. |
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Banks will not dissapear because of bitcoin.How we will withdrawal our money then?Gorvements are supporting corrupted bankd im their dirty business so they can live forever.
Till Government is alive, banks will be alive too, as both of them have a good partnership since long time to cheat people and it will be followed in future too. I totally agree with this, as long as there is government , banks will always be there and never go become dead. Because the government is earning big amount of income because of banks. And it is one of the legal ways to get money from people. But it is impossible for bitcoin to make banks disappear. by the way bitcoin is not going to disappear banks. but bitcoin will make bank more stable and more profitable. Bitcoin will never make bank disappear because just looking for the fact. they having a relationship between the bank with their fiat and bitcoin. And bitcoin will never make bank stable basically the system of bank and bitcoin is very different, but the bank can taking or adopt some system from bitcoin to make improvements for their system. |
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What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?
The main reason seems that people don't want to share their personal details online, neither the ID(inc. a selfie with it), passport etc. I can make a deal with that, in some previous topic have the same content with this a lot of people is said interested to buying from an individual person because to secure their personal data. and they feel doubt about the provider of transaction service about the security of their data. and choose a second way to using individual transaction or F2F. |
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At present, I am doing a research on the most profitable trading method and I am wondering: Is it better to do btc/fiat trading or btc/altcoin trading?
Which method yields the highest profit?
For me, better to do btc/altcoin because a lot of traders in them, and the volume is high. and you can get a medium profit from them. but different with BTC/fiat it's more be quiet than trading btc/altcoins because a lot of people realizes they just get a little profit from there. and the demand is slight. |
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Based on my own experience. First i dont want btc because of lack og knowledge about that. Only my friend guide thats why im hook now on btc. This forum also teach me a lot knowledge about btc
Then you are just satisfied with the current knowledge you have? Come on and wake up and start doing all by yourself. If you will succeed to learn those basic knowledge then Im sure you won't stop now to use this currency. He already takes a step which he thought was the truth, for you know there are some people not having a more skill to learn about them(bitcoin) alone and needed someone become their guides. and maybe for later they can learn about bitcoin alone. |
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The easiest and best way for kids to earn Bitcoins is that they can try out the faucets or they can complete offers in exchange of bitcoins....
Asking them to click 100 times in a day and entering 150 captchas ( because kids will have 50% errors to do in captchas ) is really brutal ! You never expect them to do that continuously. It's too weight for kids maybe just a click is okay but I not sure with the captchas because from richkellj statement the kids will get a lot of wrongs to enter the captchas, we know sometimes the older people is getting wrong for several times just to input once captchas. |
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and why is so important to have 21 ? why not 11? 31? 40+1?  :/ Maybe it is the minimum numbers of coins to buy a house, automobile.. in the country of original posters. We can't calculate about that in this value 21x$673 = $14,133 it's enough to buy a car in my country but nothing for a house. it's not enought to buy that. average the house price in my country is above than $20,000. |
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I don't think it will be an available payment method in thear future. At least not in my country.
I think there are still a lot of problems to be solved.
Like the question about taxes. It's still too risky here for the sops to give that payment option when you can have problems with the tax department later.
A lot of bitcoin system is against the government system and it's will difficult to make any solve for the problem. I know the government will not budge only with the things like that because they will losses many profits from there. it's will become a big problem when bitcoin is starting to entry the country. |
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spending bitcoin as a currency is a bonus to what bitcoin already is as an investment.
Bitcoin as currency it's just a bonus for users but a lot of users have a seriously think for that. but at first, in my opinions bitcoin is made become a complex investment. |
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otherwise I'm checking the price every 20 minutes. Bitcoin charts are so addictive  Hahahaha same with me, I'm so addictive with bitcoin price charts because I won't be able to lose the moment about bitcoin, maybe can giving some profit for me. I can check the charts every 15 minutes and see the situation in the market. |
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