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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them . Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin . But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount . This is really a simple trick to make money with fluctuations of the prices . So instead to get panic you should make profit. No. Dont panic when the botcoin prices dumped because it will actually rises up again and it was called pump and being a panic seller is not good because youre losing youre own money. Yes it is correct. You don't need to be worry because bitcoin is falling. Its just only a challenge on how strong you can hold your BTC. We all know that bitcoin has a significance that when it fall down, surely when it regain its value it will be mich higher than before. I agree with you you do not need to worry because if you worry you will panic sell and that is totally not recommended because you can lose a lot after bitcoin goes up again if it falls you should be happy because you can buy some more. |
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I would rather spend my bitcoins on something that is worth it and will give me money like a real life investment i can start my own shop or something else with the money maybe a little company because i have a diploma in IT i can make a lot with that too.
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Yes do not worry because bitcoin is becoming big again and it will grow a lot it does not has its time right now but it was last night at a price of 5k and now it is at 6.2k again in one day that means it is growing back again a lot.
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Both trading and investment are good, but prefer trading, because trading is an act of buying and selling, so it give day to day return,it has less risk compare to investment. why investment is long term, full with risk and uncertainty.the return of investment defer, unlike trading.
I also agree with your opinion Because investing is very vulnerable to the occurrence of major problems that can make us experience failure While trading we can simply play a variety of coins at will at the time of experiencing high prices and automatic profits can also be obtained in the short term. If you really want to choose between those two then you should think about your time. Is your time is enough for you to learn something for a long time process or your time is just enough to learn some basic things for short term process? If you can do learning in long term then it is more of a side of trading because trading will bring a lot of profit because you will understand how to analyze a coin and read the market while if you can only do short term of learning then you should stick in long term investing because it will help you to gain almost a guaranteed return because in investing especially for long term cryptocurrency investment are always the best for paying off its investors. I agree with you it does take a lot of time to know which one will suit you the best like with me it is trading because i can follow a lot easily and i know how the most of the things work and how we are able to earn a lot through altcoins. |
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Ye sit is possible we already knew that because bitcoin is a very hard to explain it is on the internet and it is very easy to use for crimes because it is also anonymous and no one will know how much you paid or who paid who.
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Yes last night it was at a price of 5k and now it is again at 6.2k i bought a lot last night and already have like 20k profit of them all but i am waiting because i believe it can go a lot higher at the end of the year and it will go higher.
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Ina secure wallet i would recommend to use blockchain wallet because it is the securest i ever had just to login i need to put my password than verify an email than verify through an sms and put my password again then i can go into my account.
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Let me refrase, pic and text. Of course, sorry. We are a group of rotten codswallops that plan to continue with yet another fishy, ill-advised alt fork.
Following the people with brains, we are now derping different replay protection addition to the fork to avoid hurr durr-ing your coins.
Stay tuned, stupid.
 can go one better http://bitcoin3x.org/Yes it can do you know that the price of bitcoin has gone down because of the work this means that if people buy it now they have profit later and considering bch the people who had it need to sell it now then they will make a big profit because it will not grow a lot anymore. |
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That is not good you need to stop buying it and start using the bitcoins you have to invest in other coins this way you can make more profit out of every coin possible and you can even learn a lot from altcoins and trading i would say to do that.
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Yes bitcoin is a very good way to invest your money because people made a lot out of it you can search on the net for mcafee from mcafee antivrus and you will see that he made millions because of bitcoin he even tells you a lot about it how he did it.
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
You question sound like, “why should people use money? They should go back to the barter system.” Why shouldn’t the people use bitcoin? Bitcoin is truly an international currency and truly a path-breaking innovation in the world full of shitty regulators. Bitcoin can be used internationally and it is indeed the most widely used currency in the internet today. Bitcoin also has a lot of potential for the future. I believe bitcoin value will increase manifold within next few years. So it can be considered as an investment as well. Bitcoin is not just money or investment, at least not for me. Story about bitcoin is much bigger. Bitcoin started real change in the world. It's first virtual currency in the world, decentralized and without government control. I'm sure that bitcoin have bright future because more and more people trying to become financially free, get rid from the banks, government control etc. Bitcoin is way of life, not just another money or investment. In the future, I believe that bitcoin will become mainstream and replace other payment services on Internet, like PayPal. people use it for payment processor in online, or investment! time will come people recognize bitcoin how they use it. People should use it because experts even say that bitcoin is the future and we can make a lot out of bitcoin so i would say just invest in bitcoin that way you can make a lot of money and that is what we all want to be rich. |
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Yes you invest money in bitcoin and with money you make profit that means you get more money than you have invested in it and that is what we all want we want to make more money that is why we invest in these things.
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You cannot make bitcoins actually join signature campaigns where they pay you in bitcoins that way you can make some but besides that you can just mine them mining does cost a lot but it is worth it my friend does it and he made it back in 2 months.
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
bitcoin only changes the economy for its users, if for the country level is still far away, the example of Indonesia, bitcoin users a lot, but not yet changed the Indonesian economy, only change the user's economy only. No I think you are wrong about bitcoin that it doesn’t change the economy to a country it only change the economy of a person from we observe that if a person economy become good so this is also a good thing for government because they will not work for that person to make his/her life because that person doing it own way. Yes I agree with you this is a question now a days countries are going to accept bitcoin so the question is why they are going to accept bitcoin because they know that bitcoin can play a big role in their economy as we know that bitcoin reduce unemployment in many countries so there is no doubt that bitcoin can play a role in economy. The bigger benefits of bitcoin are going to be for those countries that are early adopters, since they are going to receive huge investments and may receive even tourism from people that want to spend their bitcoins however as bitcoin becomes more mainstream and it is accepted all over the world those benefits are going to disappear as now you will be able to use bitcoin everywhere and not only in those countries. I agree with you if the bitcoin members are going up in a country then there salaries will go up to i mean how much they make in one month and this means if everyone in a country uses bitcoin then everyone's salary's will go up and the country will go up then. |
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I think both are good investing does take patience and trading is a way much faster than investing because you can earn more through other coins than just 1 i would say try both and see how it goes for yourself.
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Yes it is risky unless you have a lot of money and then you can spend it how much you want i would not put all in to bitcoin because if it fails you will regret it every moment i would put 50% in it and keep the other 50%.
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Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
It is not possible to mine any crypto through mobile right now because of high mining difficulty of almost all coin and if there will be some new coin out there in future, than it will be not worth to mine because mining difficulty for it can increase insanely high in no time. Some cloud mining platform are developing mobile apps for their service but that can't be referred as mobile mining. Yes, it is really true that it is not possible to do bitcoin mining through smartphone nowadays because the application is so heavy and a smartphone memory cannot contain it. You're smartphone might hang and malfunctioned if you will forced to use an application for bitcoin mining on your smartphone that is not supposed to be installed in it because it is not meant for smartphones. It is made for laptop, personal computers, etc that has bigger memory. agree, I doubt the strength and resilience of the mobile phone, whether strong hold the heat generated. Laptop that has a cooling fan is not recommended for use as a mining tool, how about mobile phones that do not have cooling fan Phones don't have a cooler this is true what you have said. They can't mine coins yet even with a laptop if you mine you can damage your laptop with it. Maybe after a few years phones would be mine it. I think some people will abuse this mining on phone in the future so phones will be worth a lot. |
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Invest 1 time and don't spend the bitcoin. Save them for a few years you will see a profit then you can cash it out to your currency. If you need to money you can always use your btc in emergency.
Otherwise i would suggest you to save them for as long as possible maybe even 15 years.
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoin because they are aware that bitcoin is really profitable and they have witnessed how bitcoin grew in the recent years. Bitcoin started with just less than a dollar and now it costs more than $6,000. A lot of people were able to gain a lot of income from it. Yes, that is the only reason why they are holding otherwise they would immediately turn their coins to cash. They know that bitcoin is unstable so they take the risk. It is actually a smart thing to do they see that it is now rising so they keep them. I also keep my coins in order to maximize my profit. |
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Thank you for revealing this. You saved i think some people to getting scammed by this kid. How could he be a lead developer ?
I don´t know why he is trying to scam again. Can´t he do any legal things its so stupid.
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