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Bitcoin is an crypto currency and it is the first of its kind it is made by someone who's name is satoshi nakomoto and you can invest in bitcoin and get a lot of profit from it also it is very hard to understand bitcoin because you never know what will happen.
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I think yes they do because they know they can make a lot out of bitcoin and i know that that is true because i also believe in it some millionaires who became millionaires because of bitcoin are still investing in it like it is nothing.
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This is a very sad story but why would you even do something like this if i had that kind of money i would not risk it to maybe get more out of it or even to double it that is not possible there are no shortcuts in life you need to understand that.
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I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.
Well, they sold today at at the dip near the $4000 double bottom.
The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.
If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.
selling panic is a very detrimental behavior that I have ever done in this world of trading, I am very sorry for not knowing if the price will again be expensive again, it is the behavior that makes me lose I regret it. I always think like i should sell when the value goes down but deep inside i always keep believing in bitcoin and so i didn't sell my bitcoins so i just wait for the value to rise to make more profit. I do feel bad for the guys who sold their bitcoins but that just means that they didn't believe. |
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Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
I agreed on this matter, as long as bitcoin being used as payment in online it is considered as money like usd, euro and ¥ which means it shows bitcoin is like a real currency/money. The only difference is that we cannot hold bitcoins physically and apart from that there is not much difference between bitcoins and real money as we can spend it anywhere we want like real money so bitcoin is definitely a money to me. Correct, as long as I can use it even on a daily basis and trade anywhere and anytime in the world then I will also consider bitcoin as money or even better than money. The only thing I could think about money's advantage about bitcoin is acceptability though bitcoin is not legalize in our country we can still easily exchange it to our currency and use it like just an ordinary money. I also feel much safer in bitcoins than carrying bulky wallets or atm cards that always an eye catcher for thieves. I agree with you as long as i can feed off it daily it is money for me and also the part about thieves is also correct how are thieves able to steal your bitcoins? unless you know everything in your head there is no chance they would be able to get in your online wallet. Same thing goes for me if you can feed on it i would consider it money it actually is money if you have invested in it and if you are trying to earn it it also is money because if you cash them out and spend it you actually made money. True i made bitcoin my daily job that means i earn actually from bitcoin my salary is all paid in bitcoins and salary is money because with my salary i can buy stuff that i need to life like food clothes and even pay my rent with that money. I agree with you i think bitcoin is money too because you can trade it for cash what is the difference between these two one is online and one is in your hand but with both you can buy stuff you need to survive. |
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Because bitcoin can grow and people can make profit from it with cash it still stays the same because if it goes up the inflation will go up too and it will be balanced again this way you can not make profit out of it in anyway.
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
I don't think this will work that way. No TV channel would advertise bitcoin as they may face legal actions. I don’t agree with you because I think that TV is the best source of advertisement of bi coin by which most of the unaware of bit coin will become aware and they will automatically get involved in it by participation in signature campaign as well as investment and trading. As for as taxes are concerned you are right but up to some extent that government will definitely implement taxes on it but I think the TV will increase the profitability more than the taxes. I agree with you it is very profitable for bitcoin because a lot of people will start to know about bitcoin and search it on the net or ask some friends and they will al start with it this way our community will also grow a lot. I agree with you the community will grow this way more people will know about bitcoin and not only the community but also bitcoin itself can grow through his but not only tv i would say it is smart to also advertise through gaming. |
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Both is better because you can make profit out of both i would say invest 50% and save 50% because that will give you a lot of profit and you can see for yourself what does suit you better saving or investing.
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Nothing if they don't like it it is their problem i would suggest that you just keep making money and let them be for what they want to be after you have made success in bitcoin they will come to you and ask how you did it then they will regret their choice.
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I think it is not possible for some altcoin to overcome Bitcoin. All of the altcoins are Bitcoin based. I mean, look at the exchange sites, how can you buy an altcoin? Of course through Bitcoin (and some via Ethereum). Aside from that, Bitcoin is the one who started it all. Therefore, it is the mther of all coins. And lastly, it is the only coin with unknown developers. We inly know its developer by the name of Satoshi Nakamoto.
Yes I agree it's impossible for other altcoin to overcome Bitcoin. It's like a tree, Bitcoin is the root and the altcoins are the branches. Without the root the tree will die. It is not like that. There is no rocket science behind this fact that bitcoin is only famous just of having big profit ratios. As now, if another coin with more profit ratio would be developed, believe me there is nothing about bitcoins would be remained on news. It is just matter of money and profits whosoever can make more that will be the king. No i don't think that is true if an alter coin will surpass bitcoin i would be the number 1 i personally do think that that will happen i am actually almost sure which coin will surpass it but i am not sure how long it is going to take. |
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Yes many people have become rich in investing in bitcoin. Im now also investing i have invested 40 thousand dollars. Im now waiting for bitcoin to rise up.
I have also invested in some altcoins. I have invested in dogecoin thousand dollars. I hope that it will rise so i can make more money.
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if it is ban i will still use it...vpn wonder..
Just because you use vpn you are not safe using vpn is a bad idea. You can still be caught i would not use it. I would sell my coins i will forget bitcoins then, because Im not willing to go to the court. Vpn for me is nothing it is worthless everyone can track it down. They can still catch you. |
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