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It is hard to know for what the price will be this year, but I think that it wont rise that much and that the price keep stable this year.
To make some profit with Bitcoin you should wait a really long time on this moment because the value is not even rising.
So it is good to have some patience and we all think that the price will rise after maybe some 2 years. But we have to see.
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Well if you will never sell your coins then it will not bring any profit to you in the future.
We all know that the future price of bitcoin will be high and that is pure profit.
That's true we need to spend you coins, as only holding will not be profitable in future, and if price goes higher then I think we should not hesitate in selling our coins. There is really no need to hold the coins for a long period of time because it will give you profit no matter what price you sell it in the future. yes there are times when we must sell the coin to make a profit and when the price was really right to sell. because if you never sell your coins and just to wait for a higher price, it will last for decades I think. as an example, that we are already more than 3 years of never again touched $1000 even $600. Yeah I think if you are getting profits with the current price then you should sell your coins as waiting too long may not be profitable if price drops in future. There is always a time for everyone that will make some profit, but you never know when the time will be to make some profit. It is really hard to know for what will happen with the value of Bitcoin and we all know that the halving is coming. But I personally think that it wont even rise after the halving, so it is now a good mindset to not sell your coins now. |
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Bitcoin will have a good year in 2016, you can see now that Bitcoin will be more acceptable in some stores.
And that is very good to see, you can see now Bitcoin rise not only in use but also in value and that is very good.
Yes , later this year and the early part for 2017 will be the best for Bitcoins. It is really hard to know for what will happen with Bitcoin in the future, but this year Bitcoin will have a good year I think, many people are depended on Bitcoin. So it must be this year a very good year for Bitcoin, so they can make later a huge profit with Bitcoin so they have more money. But actually it is really hard to predict for what is going to happen with the value, because it is a currency. |
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In my eyes you should just invest in the bitcoin and hold it for a long term most likely if everything will go well with the bitcoin and his future the bitcoin will be worth a lot in the future.
In fact it can even take over the world with a bit of luck, 20k is also a large amount to invest so that is also why you can make a lot of profit, you should also keep in mind that there are still risks of course so think good about it!
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Gambling is addicting because of many factors of course one of them is the enjoying part that the bitcoin has.
But I also think its because people are greedy and want to win money and they stay gambling till they win but in fact they already lost a lot.
I do no think its because people are getting greedy the most people just think that gambling is fun and it can not harm you. In fact it can really harm you and even your family and friends because you are pulling them also in it when you are addicting. The most common reason why people are addicting is by the enjoying part and I think that is also the best reason why it is addicting. |
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It can be good to dump some bitcoins but I would not recommend it on this moment if you do not need the money for something.
You should just be patient and hold them for a bit longer because of the halving that is coming that is already mentioned in this topic but its in fact the truth without any doubts.
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Paper money will of course exist in the future, there is no reason that it is going to disappear in the future.
We all know of course that online money and Bitcoin etc is going to be more popular but that will not change the paper money.
Every years our life always upgrade into digital era, and maybe someday people will not paper money anymore, and on that years maybe we will use digital money like bitcoins. there is a big chance that the paper money disappears because its just a old pay method, everything is gonna be digital, I have no doubts about that if I'm talking honest about it. Indeed, everything is gonna be digital, you can already see signs of this at other currency's like the euro its getting a lot more used these days online. It will not take long till the paper money will disappear although there will always be some because elderly cannot take this step mostly. |
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Yes of course it is used for illegal activities but witch currency is not used by the, you can ask you that question in your head...
I think almost every currency is used by criminals so I do not see any problems because of that.
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The most of us do not think this will happen, and neither do I because I think its just too much for the bitcoin.
The fact that the bitcoin never even hit the 2000 makes it already impossible and the future is good but not so good, its unrealistic.
i agree with you about the 10,000 dollars being impossible but the $2000 is both possible and easy to reach. bitcoin is not even at half of its potential. there is a lot of room to grow and conquer the world. all those money that is going to invest in bitcoin will push it to 2000 in a couple of years easily Indeed this will never gonna happen the future is even unsure of the bitcoin so that is already saying enough in my eyes. The bitcoin can go to a max of 4k in my opinion not more than that will be ever possible. Yes as said to the maximum the price might reach $4000 to $5000. If the price grows higher as $10000, we can predict as something going wrong in the technology. If our views are bitcoin will reach $4000 to $5000 and we don’t have enough knowledge then why we do not agree with the experts views that it will reach $10,000? If it is possible that BTC will reach $5000 in 3 years then it is also a possibility that it can reach $10,000. No I disagree, I do not see this happen at all, the bitcoin is of course not to predict but its just highly unlikely this will happen if I'm' honest. There is a big chance it will not even hit the 2k this year or the upcoming year in my prediction. |
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Indeed, you should not sell any bitcoin anytime soon due to the upcoming events that are coming this year.
The halving will let you make profit without any doubts, just have patient and wait for it, in the past time you could trade but keep in mind it has some risks.
Overall I would just wait for the halving and wait for the right moment to sell them this year.
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For me, i will choose bitcoin. Because bitcoin are much faster, secure and takes no time to make your own wallet. Also you don't need to have a remaining balance and you can store how much you like, no minimum needed. Banks takes much time to apply and they need so many papers, some of them you can't withdraw all of you're money.
Indeed, the bitcoin wallet is just much better to choose due to the facts its untraceable and its also very safe to use these days. You can pay globally with it and you can see a lot of stores are upcoming these days plus if you want to give a friend some cash its in a couple minutes in his wallet mostly. |
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I'm using the Blockchain for my low amount of bitcoin, I think the most people are doing this if I'm right ?
For my high amounts I'm using the paper wallet because its much better secured, but I must say overall the Blockchain can also be secured pretty good these days..
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Most likely it will go to a higher amount although this is not sure of course because the bitcoin is not to predict.
In the most predictions its gonna rise so that is a good sign and I also hope it will so we all can make some profit by the halving.
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Halving rally just about to kick off, who's with me??  NOO, i am not yet ready. i want to buy more cheap bitcoin. i am going to get some more money soon to invest in bitcoin so i hope we stay at this price for longer so i can buy more ^^ The price will stay around this price for a couple months, so you do not have to worry about that. Its just that you need to buy a certain amount otherwise you will not make a lot of profit if I'm honest. Most likely it will be around the 400 dollar or maybe even higher, but the case is that the bitcoin price is not to predict so it can go to a much higher amount tomorrow so keep in mind to buy your bitcoins when its possible. Otherwise you will maybe have not the bitcoin amount you where planning to have for the halving to make some good profit. |
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I just have one thing that is really annoying from the bitcoins and I think more people are agreeing it with me.
The fact that the confirmations are sometimes taking too long and it all depends on fee's it really makes it my least favorite thing.
Indeed, I'm hating exact the same thing sometimes with low fee's it take ages to confirm the payment and someone got the payment. Overall that is the only think that I'm hating about the bitcoin because the other things are just great and I only have problems with the confirms, the transactions and all are going smooth. |
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Just keep in mind that while you are doing saving, learn to earn and gained more coins to make your savings more quantity.
Quantity is really a must if you like to save coins.
Most people are just relying the value to go up lol. The hope the value to go up to make up for not having the quantity is what most people have in mind lol. Similar to the $1 lottery mindset to win billions. Saving/Holding bitcoins for the long-term is the best strategy but there is still a risk that a competitor to bitcoin might arise. Indeed, the fact is that holding your bitcoin now is one of the best thing you can do because of the halving that is coming, so that is for a short term. If you do it for a long term it can also be good but that is still not to predict these days.. Holding your bitcoins can be good of course, but keep in mind it can also have some downsides like the point it can collapse because the bitcoin never been stable. Also the halving can be bad if you ask me, because it can also let the bitcoin collapse. So keep in mind holding your bitcoins can also have some risks, I think overall its worth it because of the halving but its a risks of course.. |
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Really Nice post friend....
I am new to earn bitcoin...... now my first goal is to earn bitcoin worth of $20 and invest it in cloud mining........
My plan is to earn a lot of bitcoin. I will work really hard so I can have it all. Lol Everybody want to earn a lot of bitcoins and it's theirs plan but not everybody have an idea how to get this amount of coins and what way to use it. Need to think about it first. Well a plan is the easiest from it all, the working out of everything is a whole another story if you ask me because it will take you some time. The second problem is will your idea succeed, many people just think holding will get them some profit but this is not true. The point is that the bitcoin can collapse and you have to find a way to make profit and not just depend on the bitcoin itself |
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Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?
i think its normal, before halving price will even decreased a little. but after halving price will grow, so just wait and in august or September increase will begin It's more likely to see the price go up before the block halving as people will buy as they expect the price to go up. Once the block halving is done people will either sell their coins or they keep holding as they are too late to sell. Its all a matter of time in my opinion it will happen but its just take some time before it will unwraps itself totally. It still a couple months till the halving will happen so there is still enough time to see some signs its gonna starts. I think its just to early right now if I'm honest. |
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Yes I'm buying bitcoins on these days and this is because the price is pretty low and the future the bitcoin has is pretty good.
If you ask me it could not been better because the future the bitcoin has is so sweet because of the halving that is upcoming this year the price will rise most likely to a higher amount.
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World War III broke out 6 years, huge disruption to everybody, there was limited nuclear bomb detonation in two smaller nations. Internet is in a state useable but not reliable.
Will Bitcoin survive? Will smuggler use Bitcoin to buy weapon, or gold to buy weapon?
depending when WW III would starts,if it start on 5 or 10 years again,i will make sure that bitcoin will survive,and maybe some countries use bitcoins for make their economic stable when WW III currently happen. Indeed, It depends on when it starts and the point is also that will there even be one, so that is question number one right ? Also maybe when it starts the bitcoin has already been disappeared. |
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