Bitcoin is a currency and also an investment for me and more often I treat it as a investment as for my spending I have fiat and not prefer to spend my bitcoin unless there is any kind of emergency as bitcoin can give me best returns in future on my investments.
Yes, for me, too, bitcoins are investments. I prefer to spend some other assets, but not the Cryptocurrency. I believe that in the future the price of bitcoin will increase significantly |
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I'm ready to get bitcoin in salary. Even if it's 100 percent. It will not be difficult for me to convert bitcoin into national currency, for mandatory payments and purchases
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Bitcoin has already reached to new heights in this year and we can expect the same from coming months too and I have great belief that the price of bitcoin will be around $1500 by the end of the year and if that happens then this would be surely the best year for bitcoins.
As a user of bitcoin I believe in only one thing that each and every year is a year of bitcoin as if you compare the price of bitcoin to the past years then you will see that price has gone higher in every year and we may see the same in this year too. Quite right. Every year bitcoin grows. I hope so too. That this will continue for a very long time. Let it be better slowly grows than jumps the price that changes to high, then low |
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Depends on what they are watching. If useful training information for their age, it will only benefit. You need to teach them how to properly allocate time and effectively use the computer. And if you just plug them with a computer so they do not interfere, then you do not have to wonder why they became zombies.
In some way I agree with you... it is good for the kids (or any other age) to learn or do something useful (by the computer or any other place), but it is not good if they spend too much time in front of screen, it is not good for the eyes, for the brain... I agree with you. It is necessary to closely monitor the fact that the child is watching on TV or on the phone. It is best for the child to look at developing programs. But still need to teach the child to walk on the street |
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Work hard. Even if we are already rich we should not stop working because money can be spend very quickly as we have endless desire in life.
I disagree with you. You can work hard, but do not receive anything. It seems to me that to become rich, you need to make the right choice. Choose one or two things to do. |
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Its normal especially to newbies in bitcoin and trading to panic when the price is going down. They tend to do that because they lack experience and enough knowledge about the nature of bitcoins and trading. But the longer they are in the business and their experience becomes wider then they will no longer panic and just do proper trading leaving strong emotion aside that impedes their judgment.
Well if you see most of the people who have invested are newbies itself. There are very less people who actually take the effort to know more about the currency and how it works. Basically people see that bitcoin was 0.1$ some 7 years ago and now it is 900$ so they invest in it. And when it reaches 1000$ and starts falling a bit they start selling. If they only look at how the price has performed in last years, and take for granted that it will happen again, then they are just blindly buying (also known as gambling) themselves into Bitcoin. If you take into consideration that the price tanks heavily every now and then, then it's just a matter of time before these people get shaken out of the market with heavy losses as result. They either learn from it, or simply remove themselves entirely from investing in Bitcoin. What makes you say that bitcoin is gonna disappoint it's investors. I agree there are ups and lows but if you see in long run it is profitable. The limited supply is one of the reason that makes me trust on the currency that it won't end up like gold. Even though most of the investor do blindly invest but I don't think they will ever regret about this in the future. I nowhere stated that Bitcoin is going to disappoint investors. I was talking about how newbies get shaken out of the market as they completely ignore the recent market situation because they base their decisions on how the market has performed in the past. People (newbie or senior investor) if they blindly buy they need a lot of luck to leave with profits, or they (most likely) sell in panic due to their expectations not being met. I don't think there is currently in the bitcoin community who actually sells his bitcoin as a loss because no matter what happens bitcoin price will surely increase in the future no matter what happens. Selling bitcoin at a loss is the worst decision a holder can ever do. Such a decision can only be made by the person who does not believe in bitcoin. These are random people in the bitcoin community. I think that before you sell, you need to carefully study the news and analyze the market |
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Exactly and not only gambling people are spending huge amount of bitcoins even on trading sites and that is the best thing for the bitcoin economy as we need circulation of coins and cannot afford to keep our bitcoins idle in our wallet.
I will hold my coins for now, there is not enough good incentive for me to spend them. Sending them now, when we need to pay a half dollar transaction fee is a bit of waste IMO. There is no exactly any incentive to use your coins when they might be worth 2x or 3x of current value in a year. Plus, you need to have access to your coins if/when Hard Fork happens. Yes its good to keep bitcoins safe in wallet instead of spending it or investing it anywhere as we don't know what decision will arrive in coming months and price can even crash at that point of time and at least holding will give you a feeling of security that your bitcoins are safe in your wallet. I, too, still just keep my bitcoins in my wallet. A small part of the bitcoins I introduced to the stock exchange for trading. I can not invest successfully. Therefore, most of the bitcoins I just store and do not spend |
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I did not start trading forex very long ago. For the present, I can not say that it brings me a lot of money. But I get experience. I think that all newcomers lose more than they receive immediately
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What makes me excited a bit is because after a hard dump we are back at $,1000 again and that is a good sign
that the price will continue to increase. I told myself not to sell even when the price fall happened because I have
so much faith with bitcoin and I'm really right with the current price recovering.
I am very glad that in the bitcoin community there are people like you. Thanks to faith in bitcoin, it will always remain valuable and popular. Now the price fluctuates and it worries me. But I very much hope that soon it will steadily go up |
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If you have no doubt please to buy bitcoin currently, i can't make sure that bitcoin is going to rise or fall from days to tomorrow but if see the bitcoin back up from yesterday, unfortunately, i lack the capital investment for bitcoin
Buying Bitcoin now is the best time, specially if you are expecting a hard fork and split chain. The reason is that you just doubled your Bitcoin, one in Bitcoin Core chain and the other one to Bitcoin unlimited chain. There is no reason to dump and fear the hardfork. If ever it drops its price, new people will join in the community making the price to recover and eventually breaking the ATH. Everyone says that even if you manage to get bitcoin in two chains, its cost will be very low. This frightens off many people. And this frightens me, too, because I do not want to lose my savings |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
If bitcoin were somehow declared illegal by every government on the entire planet then bitcoin would go underground. Anonymous social networks would become more robust and dark market places would become relevant....More work would be put into the disruptive technologies and innovations would happen more frequently. That's why it will never happen....the planets best bet is to embrace the technology not condemn it. I also think that bitcoin will not be forbidden. The system is protected from this. He'll just go into the shadows. Nobody will say openly that he uses cryptocurrency |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
find a legit site that will be suitable for your money. Try to make a research first before doing an action. Money is involve we need to be practical and wise enough. Sometimes it is very difficult to distinguish scammers from real companies. Therefore, you should always remember the risks. If a person decides to invest, he should be ready to lose his savings |
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Yes I am saving bitcoin for future purpose and not for fun, because I am not thinking to gamble my bitcoins, if ever I have a bigger holding value. Saving without good purpose ends up to unworthy activity because most of us who has money will be planning what is best for our future specially when we had a family to support for, like a married person having kids.
Even if you are saving for a purpose that is not very serious the truth is that even then saving is very useful since in the case of an emergency you will have some money in hand you can use for the emergency even if that was not the intention behind that money. I save bitcoin for future purpose. True, that is also one of my reason for saving. In time of emergency, I will have some money to use. And as a student, my earnings from bitcoin would really help me a lot in sustaining my needs in school. I am still positive that the value of bitcoin will rise in the future. That is the most wise thing to do. You are making your money value grow on long term by doing this. Bitcoin becomes powerful even more. Who holded it since it was created made a lot of profit, lucky guys. The secret to success is to build your wealth step by step strategically with smart moves. Who spends too much money inconsequentially is unable to have wealth in life. I also continue to believe that bitcoin in the future will become much more expensive. Therefore, I do not spend part of the bitcoins. I just keep them in my purses |
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I was wondering if there are still person who maintains the algorithm for Bitcoin? If there were? How'd they didn't fix this one since its been revealed 2016. Or, the bitcoin's system allows them those acts which can affect bitcoin itself. We all know that bitcoin is volatile and we can't deny the fact that even in the market, there is a manipulation by this powerful individual which highly affect its price and even in mining blocks there is. I will not be surprised if we woke up one day and find out that bitcoin collapses. As far as I know(And I'm definitely not good with the specifics of bitcoin), a collection of devs are currently upkeeping everything. To fix this, a hard fork would be needed. If a hard fork were to be conducted, it will be quite problematic as all full nodes would need adopt the hard fork. Implementations such as BU have been created to try and combat this, however, that is still not an actual bitcoin. But I would like this problem to be solved peacefully. I do not want a fork. Let all big companies come to a consensus. I'm sure this will be the best option |
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For me, my passive income is by doing my tasks to complete here in signature campaign. This is I think of as of now, since by joining here in any campaign will surely give an earning weekly or depends on the rules. Also, by buying and selling bitcoin were I also earn bitcoin.
I agree, the best way to have a passive income is by entering signature campaigns, although they don’t give you a lot but still they are better than dumping your money into gambling or trading and then losing it all, but the best way to earn is by having a job, you have a skill you offer it for bitcoin. Yes, I agree with you - this is a good way to make money. But this is not a passive income, because we have to take active steps to get a reward. In my understanding, passive income is an investment. There need minimal action |
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Joined signature campaign, hope it'll be the best capmaign this spring =)
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Fiat money is money that is guaranteed to the State, of course I never hesitate. the use of the bitcoin I think only as an alternative, fiat money is still the largest and can not replace by any included bitcoin.
Yup you're right. And i don't think there's any need to replace it with any other currency. Fiat can and will stand alone with all its features and i don't think that even with a faced paced technology we're having now, fiat would be irrelevant in time,no. Fiat would atill be there and may very well just move along with the current technology I agree with you. No country in the world is not ready to abandon its national currency. It hence is the government will support Fiat. I use it every day and Fiat can not do without it. |
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It seems to me that it is not very profitable right now. Bitcoin price is very high and few advertisers will agree to pay in that currency. Besides, now a lot of these sites, and a lot of competition. There is no guarantee that you will have visitors
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I don't have any reasons not to trust banks because as far as I know, banking storage of money is reliable and many business owners deposited their assets on a savings accounts they have for fiat cash money. Well if we ignore trusting banks its not worth earning btc because we can use fiat cash money, to exchange it from digital currency to fiat currency by using online wallet which has an option for bank cash-out.
Yes correct, let alone all the bank supervised and guaranteed by the State, of course we never doubt that the bank has a high level of trust, and as my experience, I have never been disappointed with the bank, all transactions are transparent. I agree with you - the banks are very reliable. And I have no reason to not trust them. I did not commit any illegal actions, so I had no problems with the bank. I am sure that the banks provide high security to its customers |
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in the begining of this year the price of Bitcoin is increased into 1200 $ and after a little period it decreased into 800 $ , and now the price return to more than 1200 $ ,as we see the price of bitcoin is volatile due to many factors like political factor and economic factor , and i hope that the price will increase into 2000$ in the end of this year .
I wonder what will happen to the price of Bitcoin after thawing agents on the Chinese exchanges. A further important point in the life of Bitcoins will be on 11 March. That's when the price can and fly to the moon. |
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