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all this time, i assume crypto is an asset. because people who use bitcoin or other coins, they use it for trading or investment and expect a big profit. I also do the same thing.
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amazon is the famous online market from america it? does this topic about: whether bitcoin can be a transaction tool in amazon? is it like that?
because that I know, in amazon it transactions using paypal.
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
if the price suddenly down sometimes it makes us so panicked and the worst thing is panic sell, but it is wrong we better be patient and not too emotional Yes, you are right. it's better to keep hold until the value goes back up. if the price suddenly drops, then panics and sells it, it will make a loss. |
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I prefer to invest in BTC. buy BTC according to the money it has, then keep it as long as possible until the smallest value bought at that time, can generate profits in the future.
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
Yes youre on point. Heres the thing, Bitcoin cannot replace fiat because.. Btc value only depends on another currency's existence which we call it "fiat". Bitcoin in reality is not a money. Bitcoin only provides a transfer function, wether its a payment for a service, or a payment for a product. We invest btc with the hopes to pump up its value right? We use fiat money to invest, some get it from services like campaigns, faucets, blogs, etc. But at the end of the day when the Btc value met or exceed our expectations, we exchange it for fiat. So, how can Btc replaced fiat in these case. Can Btc creates its own value without depending in another form of currency? Yes, btc has a lot of good features than fiat in some cases but simply cannot replace fiat. yes, I really agree with you. the reason is quite simple, how can digital currency replace fiat? I will also add a little bit of my opinion on this, bitcoin is a new thing for investment, trading, and online transactions purposes. there is also no clear regulation from the government on bitcoin, so I think it will be better as it is now. we invest our money in bitcoin, pumping its value to go up properly and exchange it for money in the hope of making a profit. |
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I think most of the people like bitcoin because it is the first crypto that created in this world and bitcoin has been through a lot of challenge and obstacles, that is the one that makes a lot of people trusting their money in bitcoin, and most of the shop and gambling sites prefer bitcoin because the popularity and the domination is very high
in addition, bitcoin values are also the highest currently between other cryptoes. maybe if there is a crypto that is able to match, or even exceed the bitcoin value, maybe the popularity of bitcoin will decrease slightly. but for now, indeed bitcoin is the most special and popular crypto. |
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if the price is high, directly sold only. but if the price goes down, just save it or buy a coin when the price really goes down. for now, it would be better to save it first.
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What do you think about Ethereum in like 5years? Still existing as the dominent blockchain platform? Or disapeared? Plz share your expectations  our expectations must be the same. hoping there remains a dominant platform and blockchain, but today the value of etherum falls. I also do not really understand, what makes the value of etherum today can fall drastically. My hope, hopefully the etherum value can be the same as bitcoin  |
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does the signature campaign for unversa have to install an avatar? in the rules, not explained must use avatar. |
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good luck for this project and i hope it will be on exchange as soon as possible. thanks i'll remove my signature now does ico is finished and the signature can be removed? Please answer and if possible, whether there is an official announcement from dev, if ico it is already over. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
if you want to save in the bank is also safe, but if you want to invest, I think is better for investment in property or real goods. I think the investment in online is not good, because we will never know until when the online sites can still exist and provide benefits for our investment. |
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Welcome Phillippines, you just joined Germany and Japan.
Only three countries in the globe recongnize Bitcoin as a currency. We hope that it will be recongnized in all over the world so we can buy and sell it everywhere, every time without high transaction fees and without being traced because for me, I think it is good to be secure and to have some privacy.
In addition, poor gouvernements should start think of investing in it to make some money.
yes, maybe the government should start thinking of its people for a promising long-term investment, but there is certainly a consideration that the government in some countries has not legitized bitcoin. philippines, germany, and japan, their government must have thought of all possibilities before making a decision. whereas in china, the government actually closed all bitcoin activities. so we still have to accept the government's decision because they must have thought about it. |
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Yes we need blockchain technology its a universal ledger or golden information sheet that will keep transaction or details. so i suggest if you own a bunch of property or you a lot of btc blockchain is the solution to our problem. this is systematic way to use by investors who wants to put up their own business
We really accept the reality that from time to time changes may happen and we need to embraced it. Having this blockchain technology today, it makes as easy and comfortable life compared before. As we accept and apply this, the more task we can make in a day transactions. Because we are now in computer era, and having this technology is very big help to us and it will contribute more in order to accomplish task quickly. until now it is already quite sophisticated and safe. but keep in mind, blockchain technology should still be upgraded to avoid phishing. |
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Unable to predict. It will have a good growth like bitcoin. Even when bitcoin was introduced in the market, none believed in it that it will reach so high on its value. Likewise, we have other altcoins as well. When they were newly started, the value was very less. Slowly everyone became popular in the market. Ex: ETH, Bitcoin cash, Dash and extra. Hope to have BTG attains good value down the line.
yes it is true, it all takes a process because in the market it is not possible new coins will be instantly popular and high value. surely all need consideration and people will judge, if indeed the coins are good for the long term, will surely be selling in the market and its value will automatically rise. |
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What is the best way to make money with bitcoin in 2017?
join the good ICO project, after getting the coin, whether you will immediately sell it or hold. all good because bitcoin is currently very high value. |
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the price inflation and deflation depends on peoples holding it in their wallets i mean not the fishes in the sea am talking about the big whales of bitcoin, and stays increasing by time that's the algorithm of bitcoin, but sometimes we see a small decreasing that because of the demand and such, anyway we can't predict bitcoin scam but make sure that bitcoin never goes down down.
Inflammation and deflamation these are two both opposite things in the sense. For example if you have money in your wallet like 10BTC and the price of bitcoin increased after some times then the money in your pockets is increased it is called inflammation while the opposite of this process is called deflamation does that mean deflamation can be interpreted as a price reduction? means it can be interpreted also, if the deflamation is the opposite of inflation. if for example inflation is a rising price, and deflamation is a falling price. |
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when we want to teach children to young children, we have to do it slowly. explain to them with easy-to-understand sentences. suppose we want to teach them about bitcoin, let's say if bitcoin can to buy games or snacks, surely they will be interested to learn more.
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yes, that's really a very good think. for those who are still unemployed and find it hard to find a job, it would be better for the speculation of bitcoin trading with the current capital. besides, we also invest our money in bitcoin for the future. in my opinion, bitcoin has a very good prospect for long-term investment.
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between bitcoin and gold, equally good for investment. but lately, the bitcoin value is rising very high once it beats gold but its fluctuating (fast up/fast down). while gold, its value tends to continue to rise although the increase in value is not as fast as bitcoin.
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I think it will not happen. between dollars or bitcoin, has its own function. the dollar will still exist as a means of payment in cash, while bitcoin, its value will continue to rise as online payments because bitcoin is the digital currency.
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