User: samputin Postion to Apply: Sr. Member Posts Start (Including this one): 1492 Address: 39yrxMz2ZucNPihtZwRBCr2qJ6F5uY238h Earned Merits in the last 120 days: 5
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User: Samputin Postion to Apply: Sr. Member Posts Start (Including this one): 1491 Address: 37pb1z5PWnhwKfoGCszbAmThvAwafZXZvA Earned Merits in the last 120 days: 5
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Question from BTT Expert Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics? Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
The price of bitcoin depends on the stock, if the stock are lot, the price will decrease and if the stock is small the price will increase also. The reason of big increasing of price is because of the investor, countries and businessman that buy bitcoin, the equivalent price become huge and if they sell especially in local currency the equivalent price will slowly down or in just a moment it will fall. Actually, in every transaction their is a fee, it means their a people who earn money in every transaction.
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If we open like this its economic problem Solution is to transfer 60% world money and capital in btc and eth so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc We need also to do this becouse i hodle btc and eth. Banks govermemts need to put alot money in btc and eth This way there is not so much money so no inflation Genius just genius I think it's not the solution in this kind of situation(pandemic). Even without the btc, the economy will fall or increase. I think if they transfer the 60% of world money our economy will fall because our money will not grow if they in cryptocurrency. The economy will not move unless the pandemic will stop. We are lucky (cryptocurrency user) because we earn money through trading of investment money of some businessman. But the truth, the people not involve in cryptocurrency need the movement of our economy to survive.
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The way in which bitcoin price fluctuated as raised from 20k to 30 in just 2,3 week and then 30k to 40 k in very short time. I guarantee that bitcoin price will cross 50 k before april 2021. ~
Well, like many of you guys, I also hope that bitcoin will reach $50k. I just don't have a specific day or month but I hope and I pray that it will happen this year. However, you, you're so sure that it'll reach such amount even before April this year, huh. I hope what you say will come true. I'm actually fine with the current price since I'm just holding. But if ever it reaches such amount and makes a record for a new ATH, then I might be selling some of my earnings once again.
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I'm in hope for BTC to reach 50k this month of January or February, and still hodling for that. ~
I would even be satisfied if it reaches $40.000 again, by the end of January.~ Well, January is almost coming to an end but the price is just at $33k. Like you guys, I'm actually hoping that it'll reach $40k again or even $50k. But the current price is okay for me. I'd still keep on holding 'cause we're still at the early part of 2021 and we never know what could happen in the next few months. I'm still acquiring as much as I could and then sell some when I feel the time is right. After all, patience is a virtue.
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"Do not put the eggs in one basket".
If you compare to the cryto world, it means that don't put all your money in bitcoin or any other cryptocurrency. The explanation is simple, bitcoin or any cryptocurrency is not stable in price. And if you investing your money, the assurance to grow is not sure. And also your money will be hold until the value did not increase. And if this currency did not become successful, your money will gone because of wrong decision.
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Bitcoin and gold to deference currency. I think don't have any connection in there. If you follow bitcoin price chart you saw that bitcoin price all time increase and decrease but gold price can not increase and decrease in same way. So i think don't have any relationship between Gold and bitcoin.
I disagree with you, all cryptocurrency is related to each other but the bitcoin is most demand crypto. There are several crypto currency that can be use to exchange in local currency, my point is the other crypto like gold need to trade on other currency like bitcoin before local currency that will become fiat. Indeed, if they trade both, the stock of bitcoin will decrease and the value will increase and the stock of gold will increase so the value will decrease.
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I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
You are lucky ( even it is small amount) because you hold a bitcoin when time that has low price and now I think it's your time to trade because you have sure profit. Don't be greedy, be satisfy in the result. We will not predict the market of cryptocurrency in the future. It possible that the next pumping of bitcoin will be next 1 or 2 years and again we need to wait for good profit. But I like your strategy, small amount for investing only, even it will not become successful or earn huge profit it just small. But the successful person started in small capital.
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Yesterday, while surfing the social media that aggregate trends, Twitter, I ran into what was like a very exciting poll, the best I have seen this year. The poll was created by International Monetary Fund (IMF) to monitor the two types of virtual currencies which are; the cryptocurrencies and the central bank digital currency. The poll went thus; 1. Are central banks digital currency really money? The poll result was Yes (33.8%) and no (66.2%) 2. Are crypto currencies really money? The poll result was; Yes (79.9%) and no (20.1%) What is your opinion about these polls?
I can say that 2 poll is been use in our society now ( some people), the percentage is just an opinion but I think crypto currency and central bank has big role in other people. It is not direct as money but it can be use like as money. It is both cashless but it turn to money by processing. Bitcoin need to exchange to other currency like dollars or local currency then turn to fiat, and central bank is the way to use your want cashless but you need also fiat for payment before and after to use the central bank's digital currency. This is what I know.
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I'm considering to possibly add Bitcoin and other altcoins as a way to pay for goods purchased on my online store.
Is this a good idea? Are there any risks (other than the volatility)?
Is anyone really going to use this?
I'm afraid that my customers may not be much into cryptos, but I guess that it's hard to tell until you try ... I also have some doubts on the technical side.
Thoughts?
Thanks in advance
Don't do that, the price of bitcoin is not stable which is no assurance of profit. Also, in every transaction their is a fee, the customer did not want to buy stuff with additional charge. Well, you are now happy because of big pump of bitcoin price but for sure if the price goes down you avoiding the bitcoin. Much better to use fiat or card payment for the stable price of your business and if you want to hold bitcoin, then buy it in low price and hold until the price become expensive for another profit.
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Hi Friends, I hope you all are enjoying the BTC ride  in Some youtube videos I heard some analysts talk about taking profits in bitcoin without selling bitcoin. some of them even said that they doubled their Bitcoin amount in this bullrun. They don't explain how exactly to do that. I tried to research and can't find any way to do that in any of the exchanges I use such as kraken, bittrex or coinbase. The only way I know of, to take profit of bitcoin bull run is to sell some bitcoin which means the bitcoin holding will reduce. So, I am just wondering is it really possible to take profit without reducing bitcoin holding? Am I missing something here? Thanks  I think there's no way to earn profit without selling bitcoin. Trading is buying and selling, it means you need to make more bitcoin for buying and earn profit when you selling which is automatic of reducing the bitcoin. I have a suggestion, instead of using of your money to buy bitcoin, earn this using signature campaign. It just like, earning money without capital.
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It is also same with your country. This pandemic, here in my country the people don't know how to earn money because the government make a decision that people need to stay at home for the safety. But the problem, food here is very expensive, it costs twice. Especially the meat, vegetables and the travel expenses cost high. That's affects too much in our economy. My country is Philippines.
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many people thinks that etherium will take the place of bitcoin soon or later. what do you think guys will bitcoin the remain the biggest crypto in 2021?
I don't think the bitcoin cannot changed by any crypto currency. Even if the price will fall, I'm sure that the other currency's price will also fall. This year, bitcoin is still on the top. The reason is some companies or countries are investing their money because of pandemic which is the right choice now to make profit. Besides that, all cryptocurrency is depending on bitcoin. It's pretty obvious that without bitcoin, there's no other cryptocurrency existing.
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Making 20 to 40 dollars a day is really tough. I don't think it's possible for you as a newbie. But if you can work as a freelancer then it might be possible. If you do a good job of graphics design, web design or SEO then you can earn 20 to 40 dollars daily. In addition you can earn some dollars by adding bounty campaign or signature campaign.
Maybe he's just a newbie in rank here but not a newbie about some skills in his real life. And if that's the case, earning $20 daily is indeed tough but possible. If he has the skills and if he is proficient with it, then he can make use of that. So, to OP, ask yourself what can you offer then capitalize on that. On the other hand, if you want to earn money here thru campaigns with such price and in a daily manner, good luck with that. Such price range is usually a weekly salary here in this forum. But, as I have said, the skills you have might help you earn that. Good luck.
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~
Sure it does have a factor in one's enthusiasm and confidence in oneself. But it should not be the sole focus. If that's what someone will think about every time and then end up not getting it, it'll just cause frustration. So, I think it would be better if the focus will just be on yourself and in learning more. Your hunger for knowledge and your learning will reflect on your posts and someone out there will surely notice it. If your frozen rank bothers you, then take it as a challenge to do better but don't always think about your rank to the point that you're becoming desperate and end up committing something that'll break the rules such as plagiarism just so you could rank up.
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