I started 2017 broke and with a very low wage. My girlfriend also broke up with me in the beginning of the year.
Although I had committed some trade mistakes I was able to get 400% gains, thanks to btc. This gave me hope and made my year a lot better.
I wonder how many people bitcoin "saved" this year, even preventing some suicides maybe.
hahahaha  you broke up with your girlfriend? I'm worse bro, my girlfriend actually married someone else while our relationship is still running and there is no word "broken". but at the end of 2017 and early 2018, I get a lot of profit from bitcoin and I can already repair my home. it's better than anything else. |
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as bitcoin price has come too low from 17000$ to 11000$ , im just curious now will it will decrease more?
is it a right time to buy btc??
what are the chances of bitcoin rise?
yes this is the right time. because soon the price will rise again, maybe about a month away. etherum has shown an increase, and bitcoin will rise again. especially when the supply of bitcoin has begun to thin, surely the price will jump again as same with late as 2017. |
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no big deal if the banned bitcoin is in india and china. if japan started to banned bitcoin, then this would be a big problem. japan which is a country that said " finds bitcoin" closes bitcoin, then other countries would also question about crypto and crypto would surely be lost.
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for beginners who want to try to invest bitcoin, is quite dangerous. they buy bitcoin when bitcoin prices rise high and expect bitcoin to rise even higher. but in reality it is not like that. bitcoin could just drop in a matter of hours. so be careful. so for beginners, please learn the bitcoin and the market, don't just look at bitcoin price charts that go up drastically in 2017. bitcoin is fluctuating, so its value keeps changing every time.
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if you are trading, whatever it is (not just bitcoin) is similar to gambling. because we buy and will sell when the price goes up. such as a bet that allows you to earn profits, or losses. but if investment, or minning, can't be said to be a gamble.
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We all know the advantages of BTC, but what are some of the disadvantages??
The advantages of bitcoin are also its disadvantages depending on the current situation of the market. Here are some of disadvantages of using bitcoin today: 1. The volatility of bitcoin is a double-edged sword, very unpredictable in its price and might result to a profit/loss on an individual; 2. Its limited supply of 21 million in the market; 3. Some counties ban the usage of bitcoin, resulting to a decrease on potential investors; 4. There are many external factors that can affect its price like the banning of ICOs in China; and 5. Its decentralized nature makes it as a perfect medium under the dark web for illegal transactions. Those are some of my opinions regarding its disadvantages but the advantages of using bitcoin in the community supersede all of those what I stated. There may be some drawbacks from transacting bitcoin but let us not forget its endless opportunities in the community. I agree with you, for example we buy bitcoin today, hoping its price will rise but it drop drastically. I am also still worried about the total supply of bitcoin that only reached the limit of 21 millions. how the next time the supply in the market runs out? whether there will be more supply, or bitcoin ends on the 21 million supply. |
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because the right moment to buy bitcoin is when bitcoin prices are falling as they happen recently. we must always be able to take advantage of the situation, the right moment to buy and the right moment to sell. this is so important that we don't accept lose.
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I am not married yet, but I have started saving bitcoin for my future expenses, including married and later when having children. saving from now, and hope the price will rise in the future and can be useful for my child later is my goal to collect bitcoin.
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Can you share this experience?
If you say yes, what the project was it? Why did you believe in this project?
for the project so far I have not found a scam. but I ever received a scam in bitcoin faucet, I tried withdraw but until 2 weeks, never happened withdraw. until now I will never trust again on bitcoin faucet. I believe more in bounty campaign. |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
you can try etherdelta for trading. my advice, etherum is good for trading, but there are still many other coins you can trade, or for example you want to trade token. there you can see the price chart. to start trading, should you buy in low sell order, usually they (coin holder) who will not be patient will sell coins / tokens in low sell order. you wait until the value goes up, or you can sell in high sell order, but take a little longer. |
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Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........
I think why they afraid of bitcoin because they think that the bitcoin is a scam or just for fun only, But their knowledge about bitcoin is contrary of the true about bitcoin. I want to spread my knowledge about bitcoin because I don't want to hear some people talking about bitcoin that is contrary about the bitcoin. actually they are afraid because the bitcoin is fluctuating. the price is unstable and up and down is very extreme. they are afraid when they want to invest, for example they buy btc when the price is $ 100, but the btc price could drop to $ 50. they certainly don't want to lose. but if they want to be patient, actually bitcoin can be a very valuable asset. |
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following the bounty campaign, as many people already do. if you have high spec pc, you can minning, because low spec pc can not be used for minning, I've tried it. if trading is too risky, you can choose between bounty campaign or minning.
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what do you do when you forget password wallet? how to solve it so we can still make withdrawal?
we must change the password first, if you forget the password you can't log in again. usually there is "forgot password", and you can click forgot password to change the new password. my suggestion, record your password on a paper or your smartphone, so you will not forget anymore. |
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a bit strange but it would be fun, like being in the future when all the technology is sophisticated and mastering human civilization. bitcoin security level is also guaranteed, and it is difficult to cheat when a transaction uses bitcoin. this will greatly benefit all parties.
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knowledge of the bitcoin market is very important before actually starting investing or trading. you can go bankrupt if you do not know the state of the bitcoin market. before the popular bitcoin, there used to be forex trading. at first glance looks easy, because we only buy money when the dollar rate down and sell it when the dollar exchange rate rises. but it turns out that forex trading is difficult if not know the state of the forex market.
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the first time i heard bitcoin, bitcoin was a coin to buy a game in steam. at that time I thought I did not care because I do not like to buy games and pc games, I prefer game console. but as time went on, I found out that bitcoin can be converted into local currency. I am very surprised at it, plus the price now has gone up very high compared to 5 years ago when I first heard what is bitcoin. now i regret not buying bitcoin 5 years ago at the time.
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In the next five years, bitcoin prices will rise to $ 43960.87. if we look at the bitcoin situation 5 years ago and see the current bitcoin price, it is not impossible the bitcoin price will go up like the price chart from 2012-2017.
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no, we holding aim to wait for the price to go up and wait for the right moment to sell. although holding for a long time, is better than panic sell when the price drop.
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if you have the benefits from bitcoin? you can promote bitcoin in many ways.
-By explaining bitcoin to others, spread the word about bitcoin and take note you must learn more about bitcoin to do this.
-If you have skills in blogging, design, video and photo editing, web design, etc. Create something different out of your skills to promote bitcoin.
-If you have business establishment try to experiment to accept bitcoin currency.
if you have any idea how to promote bitcoins just share here.
I will add, a bitcoin seminar for the students and for the public. but is the business using bitcoin payments is effective? it's quite risky, bitcoin prices are always changing and unstable. there is no definite benchmark for bitcoin, so for business payments, it is less effective. |
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because gold price is more stable and every year price of gold always increase. although the rise is not as significant like a bitcoin, but the stability of gold prices makes people more comfortable investing in gold.
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