I think because they don't have interest into any cryptocurrency or bitcoin. Or because they don't like investing in cryptocurrency because they think it is a scam. Also because they know the risk when investing in bitcoin.
People do not believe in the bitcoins due to many reasons, first of all the factor that counts the most is that they are unaware of its importance due to lack of knowledge and services like internet and social media .moreover Btcs do not have any stable position in the market that could be demonstrated to the people so that they could believe Btcs. |
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I do buy high and sell low, I can't control my emotions when market is bleeding it always freak me out because I am always thinking that bitcoin will never go up again. FUD thing tho That is worst mistake for sure. Bitcoin is the most expensive digital asset and the easiest way to become rich within short span of time. Giving up on it during the dip takes away the chance of getting huge profits. But if you have learnt a lesson from such act, it was worth doing it. In future, you will avoid this decision and have more faith in bitcoin. Bitcoin has a bright future and all you need to do is hold for a year or two. |
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BTC was around $300 3 years ago. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period  I've seen many people in this month were sold their bitcoins due to market crash. but i still believe there still much people are holding bitcoin for 3 years. Oh they have made a mistake I am sure. Now, as the prices are getting out of that circle of downfall, what they are doing. They must not know what are the edges and profits that can be made with bitcoins with holding their coins. But I think this is only due to lack of suitable knowledge that what to do and when to do. Better is to learn properly before getting into practical field. yes, the people who sell their coins when the price goes down is the biggest mistake, because you will not benefit from the market being crash. you better hold your coins at least until the market stabilizes again. It depends upon how much understanding one has regarding bitcoin. These investors who buy bitcoin by excitement are more vulnerable to such mistakes. In order to get profit form the bitcoin or any sort of investment, one must develop a deep knowledge of it first. Digital market is a fluctuating one and bitcoin is the most volatile crypto coin. Holding is essential for becoming rich with the help of crypto currencies. |
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Have you ever thought about buying bitcoin for your children as a future investment?
This seems interesting and very helpful if will succeed, but we must assure if do the same thing, we should share all the informations, usernames and passwords to our family and that they can access it whenever unfortunate things happen. This is one of the problems that is troubling many investors who are planning to pass on the collection of digital asset to their children. However, there are ways to tackle with this also. Telling the password directly won’t be a safe way. Such kind of information should be written down and secured someone. That paper must be then secured in bank lockers under the name of ‘will’. Before the death of a person, no one else will have any access to it. |
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Yes, of course trading very useful for me. Because my source income from trading be it from real business, forex and now crypto. I didn't dream about getting rich from trading, but economic action i did was in line with my future financial plan. Mistakes must have been committed by everyone in trading and is a natural thing.
Trading is the best profession of the world if someone has really got required skillset. This can make a person rich within months. Many people are actually scared of this job but it is fun and beneficial at the same time. If a trader has invested his money in the right place and stays calm under hard situations, there is no way he won’t get ample amount of money with the passage of time. Crypto trading is now hot topic in the market. Invest in bitcoin and become a millionaire. |
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Btctalk name: Tungsten-1
Rank: Sr. Member
Current post count: 670
BTC Address: 1BHoEcXnDyXRKmsP9hu2GEAkfxEgKW4fCL
Wear appropriate signature: Yes
Wear avatar: Yes
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I would like to inform you about the History of bitcoin price. I think this post can be a pleasure for the newbie bitcoin investor who has invested recently in bitcoin like me. I am going to give you a chart of bitcoin price from 2010.
Time price per BTC Importent information
July 2010 $0.08 The price grew 900% only In five days, rising from $0.008 to $0.08 for 1 bitcoin.
Feb – April 2011 $1.00 In that time Bitcoin took parity with US dollar.
8th July 2011 $31.00 At this time top of first "bubble", followed by the first price drop.
Dec 2011 $2.00 At this time goes minimum after few months (huge dump)
Jan 2012 $3.41
March 2012 $4.95 over 46,000 BTC stolen by Linode Hacked
July 2012 $13.31 Bitcoin Savings and trust halts payments.
Jan 2013 $13.31
Feb 2013 $20.22 Starts some pump.
July 2013 $100.15 great pump.
Jan 2014 $772 700% up within 6 months.
July 2014 $582 Some down again.
Jan 2015 $272 Huge down.
July 2015 $289.68
Jan 2016 $432.17 some up again.
July 2016 $688.50
Jan 2017 $1020.47 Starting golden age of bitcoin.
July 2017 $2592.41 proved a golden age.
18th Dec 2017 $19,498.63
Jan 2018 $10,685 Again huge down.
From this chart, we can guess the future of Bitcoin price. We should not worried about the present bitcoin price. I think 2018 or 2020 will become a diamond age of bitcoin. What is thinking? you can also post your opinion on this thread.
The value of bitcoins today is so good, those who invest on cryptocurrency back in the day are now multi millionaires. Today i am currently working on a bounty campaigns because they pay a decent amount of altcoins on their participants, hoping to get very wealthy someday through trading and holding my coins. Bitcoin are reviving now. We are so happy to see bitcoin regaining their original prices because in past like two or three weeks before bitcoin were stood at one down price. And that was really an alarming situation. People need to understand that the dip is general and casual, they are not the last chance for you so don’t get panic and don’t sell abruptly, as it cause the dip deeper. |
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I just read on Btcjam blog that they are closing down: https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really. I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development? Recent developments in the digital money market in general and bitcoin in particular have fallen sharply. Market capitalization from $ 800bn to $ 300bn is showing the withdrawal of large numbers of investors. I'm very worried whether the bitcoin is a bubble and could explode in the future. I am holding a lot of bitcoin at $ 16,000, compared to the current loss of more than 50% of my assets. . There is no point of arguing on this thing that bitcoin holds a bright future, the thing is bitcoin is continuously making some good name in the crypto market and the number of investors who are investing their money into it are increasing tremendously. As a result of this, the demand of bitcoin is also increasing which is making bitcoin market’s value more and helping investors to make more money out of it. |
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I think you make good decision because salary of office job is can not make us to get financial freedom. I worked in office since 10 years but i can not make money like many investor of cryptocurrency. They was become rich just by make investment in BTC and ETH in 1 years.
I would insist to just think again before taking the decision because it all depends upon your skills and the amount of investment you have. If your math tells you that you can earn a good amount, then start it from side investments and trade it accordingly and then you can make the decision whether to quit the job or not. Because it is better to know the trade in details for what you are taking such a big step. |
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Yes I buy Bitcoin my extra money is going to Bitcoin. The perfect timing to buy Bitcoin is now because the value is low. I think the best time to sell it is in the third to fourth quarter of the year. Last year the Bitcoin increase rapidly in third and fourth quarter. I think it will be the same because many will buy Bitcoin now a days and sell it when the holidays is near. This is just my opinion but I believe a high risk is a high reward. Good luck.
So do I, and here I want to say that now a day, I keep on wondering that what is happening with the price of bitcoin, there has to be some strong reason because the price of the bitcoin has really taken a big dip. But in the end I am hoping (Fingers crossed) that whenever bitcoin took a dip, the comeback was always stronger and more profitable, so this is the only hope due to which i am trusting bitcoin with my investments, and also hope its price will be goes to rise in coming month. |
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The king of alts is now, ETH ithink i think it will take the main position of BTC in near future.
I don’t think that etherium or litecoin will ever be able to cross the bitcoin, because of the hash algorithm. Presently bitcoin has the volume of 16 million which is circulating in the market, and it will go up-to 21 million. The moment the volume will reach the 21 million than the price of the bitcoin will keep on rising and it will be divided into many many fractions, so crossing it after that will be very difficult for other currencies. |
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One year have passed away.
I really wanna know whether the author
got his target??
Is he still active in the crypt-market??
Does he get his financial freedom??
Does anyone afford some information??
I think there can be a way to earn a bitcoin in a month but that will need a lot of dedication and luck factor. What you have to do is to actively participate in all the campaigns of the social medias as well as you can also become the financial adviser of the investors with some share of the profit they will make. Try to have 3-5 major investors than 30-40 small investors and then you can achieve this target of yours without any investments. |
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Those who will invest late will regret much. There is no harm in holding at current levels. Keep taking out some profits at regular intervals.
It will be more appropriate to say to keep investing the profits back into the bitcoin as the prices are really good to purchases. Also holding doesn’t mean that you are taking it off from the market, holding means that you just want to wait to get more and more profit. Just like some property which you are holding doesn’t make you a greedy person, than why would you think about this? |
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I just don't know but since bitcoin's price is continuously getting low, i just hope that bitcoin's price will only reach 5,000$ all time low and starts to climb back again soon. All i can do now is just hodl on to it.
$5000? Really? On what predictions are you saying this, because many other experts are claiming that the bitcoin will not go below $6000. Here everybody is talking about the decline of the bitcoin and till what level it will reach but no one is talking about when will this slum be over and bitcoin price will rise back. The present condition of the market is really very much demoralizing for investors as well as new comers. |
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Women are more sceptic when it comes to this. My wife is not interested about bitcoin so I can not talk to her about it. I think more women should promote it for other women
The other aspect can be that in the whole world most of the entrepreneur are the males and the people who decide about the finances are also the males, females are generally seen in the management side of every business, so we can guess it from that only a few women will be in the the trading or holding, yes the management of block chain system may have more women than men. |
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Digital money always has more potential than cash or paper money. It is used all over the world.
Not definitely, there are countries who doesn't have access with internet. Even if they do, there are sites that were being banned, others have restrictions. Large nations such as China were keen to banned cryrptocurrencies, Bitcoin in general. And with China's population that is over a billion, that's 1/4 of the world market cryptos were losing. As long the awareness of general public increasea, there are institutions, financial and governments that will take such actions for Bitcoin to not take fully over with fiat money. Yes, the potential with cryptocurrencies is given, but as long there are people who don't have any interest with everything going digital, cash or physical money will still be better than Bitcoin. A lot of people trust banks over BITCOIN and cryptocurrency thanks to the assets backing fiat vs cryptocurrency I agree that a lot of the people still trust the banking system over the block chain system, but I think the block chain system is better because in block chain system, you are always safe from the inflations of the currency due to wrong policies of the government, in crypto you are only vulnerable to the market capacity and the volume because these are the basic items which decide the worth of that currency. |
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I do not think it will happen, because bitcoin is virtual money and bitcoin is also illegal, so it will not replace the dollar. maybe up to 500 years also will not happen.
Did you say 500 years? How can you claim that bitcoin is illegal? As far as I know bitcoin is legal and different super markets in different countries have started accepting it in the real value against the items to be sold. Yes I admit that no country has done the legislation on this but that does not mean it is illegal. Its just a matter of time that super powers will start legislation on this to control ins and outs. |
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Because I'm still in the initial phase, I'm still using a web wallet. There are no problems right now. But in the future, I'm looking forward to using a more secure wallet over security.
I guess the trading wallets are provided by Binance on their sites and they are pretty handy to use, you can save your fiat currency on them, you can also do the tradings between different types of the coins and the best thing about that is that you can set the target to get the maximum profit from the market or if it is the loss then opt for the minimum loss without even opening the account. |
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The bitcoin price form 20K down to 13K is little bit worried but the rate ups and downs are normal but the huge gap will impact in bitcoin performance and the confidence level of the product. But I am very much confident that nothing is out of control instead of more greedy we should book the profit then we can sustain.
Last year in november when bitcoin touched the $10k mark, people went crazy about the existence of the bitcoin and now when it is around $8k, people are saying that it has declined. Yes, bitcoin has declined but still it is the top most crypto currency of the time. In First and third quarters the banking systems introduce a lot of stocks so that’s understandable why people are taking out their money from the crypto currency. |
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Too low even for a wallstreet god. I think it will reach a record price of $100,000 in 5 years time. With the current bannings and liftings of bans, I guess the government of different countries have made sure to regulate bitcoins as an investment. Wall street has discouraged the people from day 1 for investing in any kind of crypto currency. Now the thing is that there can be two scenarios after 5 years 1 Bitcoin is on the peak and some countries have started their trade in the bitcoin 2 Bitcoin has been replaced some next generation currency In both the cases, the information shared by wall street does not stand correct. |
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