many people who gave advice to hold it, and if you do it now you have a lot of profit.
I will also hold because it has a small risk.
There is no risk in holding at this stage, as we are confident that price will be higher at the time of halving, and holding is the best option available at a moment. there is always a risk, if you bought yesterday and the current price falls far enough, yes it is a risk. but do not panic because it will increase again when a few days before halving. Yeah i also see that the price is continue falling because of the investors who are in panic selling. I hope that they will not regret their decision that they made lol. As of now just relax and sit back and don't mind those panic sellers. I'm sure that the price of bitcoin will rise again before or after halving  . |
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Bitcoin is one of my source of income right now and bitcoin sustaining all my needs right now like giving budgets on buying school supplies and also it gives me a chance to help my parents by contributing money weekly. So that is how bitcoin is most important to me "it helps me in financial problems".
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I would sell all of my bitcoin if the price of it is highet than i buy. Or when i get some great profit from it.
Yeah that's right. Why you need to sell bitcoin your bitcoin if you think that you gonna get negative profit lol. If you ask me when i'm gonna sell my coins i think $900-1k per piece is not bad for selling our coins because we will get a lot of profit from that if we bought our bitcoin at the price ranging $400-500. Sorry for my bad english  . |
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I think yes because many investors or buyers of bitcoin are came from china (i think) because i read many threads and articles that the cause of the price hike of the bitcoin is by the chinese investors who are in panic buying. So for me it's possible that the china is controlling the bitcoin especially the price . |
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HOLD IT FOR FUTURE. OR SELL IT THEN DOING MONEY BE BETTER AT REAL LIFE Yeah selling it and converting it into fiat is a good idea because we can do better ways to earn more money than we can earn from bitcoin like starting our own business and buying some house and other stuff that we know that's totally worth it to invest. |
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bitcoin 1 $ oh i will buy 500 btc and hold it till it go up again  Yeah and you do that and the price after a week reach again to $400+. I can say that your gonna be god damn rich and you can start to buy the things that you want like house, cars and also start you own business to continue making money and continue being rich . I will do the same as you if that scenario will happen. |
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If i were you i will not sell my coins right now because i think that the price now is stable because other users too are holding their coins and waiting for the price to reach $1k per piece. So if i were you i will do the same i will sell all my coins if the price reach $900-1k to ensured my profits because i don't expect higher price than that.
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for this time it is not a good idea . it is not profitable to invest on bitcoin right now because it is continuing to go to the higher price you might just sink your money if buy bitcoin for now it is very risky to draw money .
Yeah i agree but how if the price will continue to reach like $800 before halving so it a lot way not profitable. So if i have extra budget i will buy bitcoin but not whole i will buy just like 1/4 or 1/2 and i will hold it and keep earning everyday because of the price is continue rising. Opportunity doesn't knock twice so you need to think twice before doing big decision . |
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I don't see anything in the way of Bitcoin. I hope that the price continues to rise and after halving, I hope that it goes to $1000 or more.
Yeah thatt is possible because even it's not halving now the price is near to $800 per piece so i think that it's not hard for bitcoin to reach that kind of price. We just need to be patient and don't join the panic sellers after halving to maintain the price. |
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It's hard and impossible for bitcoin to replace dollar. There are many things on bitcoin that makes bitcoin can't replace dollar, it's like bitcoin don't have a paper money like dollar.
Yeah that's true it's hard for bitcoin to replace dollar as of now but i think there is a possibility of that scenario in the future. Because if many people will use bitcoin so why not to use it as a main currency aside from dollar. I think it will be awesome that if we are going to malls we don't need some cash we just need our mobile phone and have a internet access to buy some things. It will make our task easier . |
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Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Yeah agree with you because the future of bitcoin is only depending on users, If many users will continue to use bitcoin as their other kind of main currency and continue to buy bitcoin it will result for a bright future for bitcoin. So, as of now we need to more users who are willing to adopt bitcoin to continue building that "bright future". |
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Well 99% of alts goes down because many sell for the upcoming btc halving. Some altcoin pumps either someone pumped it wanting to gain profit or its just that the dev's are supporting it. I think there aren't any other coins which should be the next bitcoin soon.
I agree, these alcoin dumping is the result of the anticipated halving. More peopel are converting their alt to bitcoin and possibly to cash out. Though there are also pumping the coin, buying in bulk,they see this as opportunity to buy,thinking that these altcoin will recover soon. Hope so. Yeah buying altcoins now is a good idea because they are getting cheaper because of the price hike of bitcoin. So for traders it's a good idea to buy now because many other traders are in panic that resulting for selling their altcoin to have some bitcoin. Buy many altcoins as you can and just wait for the price of the bitcoin to calm down. |
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Just a thought,
After bitcoin halving , the block reward will be reduced to half. So the profit will be decreased by 50% for miners.
Right?
Then what about the mining companies like hashocean? Will they shutdown?
Replies are welcome.
Ps: Correct me if I'm wrong on any thought.
It's depend to them if they will shutdown their mining rigs but i think that they will continue mining bitcoin or other cryptocurrency because if they find out that the bitcoin is no more profitable in mining they will find another one to sustain their users. |
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It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
I think that buying a house is one of the best things that you could buy because it is something that you will use everyday. So I think that it is a good idea to buy a house. Yeah buying a house is a one of the best long term investment that we can have. It's also a good idea to use your bitcoin to start a good business where can help you a lot in achieving that dream (buying a house) so it's up to you what you gonna choose. Be smart in making decision . |
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Well I think that a cashless world happening wouldn't be possible for now. I think it wouldn't be possible for now because many people uses paper cash to pay for services and goods.
Yeah that's right many people didn't know about bitcoin so it's hard as of now to replace physical currency with digital (bitcoin). But, i think that there is a possibility that bitcoin will be use as main currency if many people will get into bitcoin so the bitcoin will attract more people and bitcoin will be more famous than before. |
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Maybe it seems like its unstable now.but i have really high expectations of bitcoin that it will become even more famous, and it will eventually have a stable price. Being one of the main currencies around the world^^
Yeah i think bitcoin will be more famous after halving because there is a high possibility that many people will attract to bitcoin after halving because the price after halving will be more higher than now. So if that happen the price will be more stable because many people will use bitcoin as their secondary currency aside from dollar. |
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I will buy 1btc now.
Bitcoin halving is real it, the last halving was 2012 and btc price grew tremendously during halving. Buying bitcoin now is a right decision but be careful when it hits halving make sure to cashoutyour capital since it is unknown what will happen after halving. Yeah be smart on choosing when you gonna sell your coins i think it's best to sell 1 week or 2 week before halving because i think that many users will also their coins after halving so it will result for a huge drop (depending on how many users will sell their coins). But if that happen i think it is blessing in disguise because we can buy bitcoin again for a lower price and hold it again and sell for a higher price . |
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I only have 0.025 bitcoin as of now and i'm working hard to increase that amount by the help of signature campaign and doing some altcoin trading because i think that it's the best time to buy altcoins now because they are getting cheap because of the bitcoin price hike that happening right now.
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When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now. It is expected that price will go higher at halving, but what if it doesn't go? The best option is to sell some coins at this stage and secure the profits as we never know what will be the price very next day. Yeah we are not sure that after halving the price will reached more than $1k. So it's better to observe the price movement now. |
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Halving time didnt come still but Bitcoin price is rising day by day and halving time 3 weeks later and i think we will seee so hight prices for bitcoin
Yeah i think bitcoin price will reach $800 before halving and i'm so excited for that. Because if that scenario will happen that the price reached $800 before halving so it will be a good sign and gives a high possibility that the bitcoin price will be more than $1k per piece after halving . |
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