Just like heroin or crack cocaine, it creates an addiction.
Same as was gambling
Many in here seem to have been caught up in it, spending far too much of their money on something. Partially to get the dopamine rush of buying more coin, and partially to satisfy their gambling lust hoping to score big.
It is no different than the people gambling their savings away on the roulette. Right now we are at the point where they have entered the casino and have been lucky, so they are up more money than they came. But instead of quitting while they are ahead they genuinely believe that their luck continues.
In the end it ends bad.
Here you want directly say that bitcoin is bad like heroin , bitcoin is bad like Gambling , bitcoin is bad like bad things that have bad results . Here This guy is totally out of understanding about the bitcoin Because he is saying without evidence and without going through it .It seems that OP is having the bitcoin in his life full of loss Because of lack of understanding otherwise why he will talk about it in such a way . Here OP needed to see what the profit and what is the advantages are associated with the bitcoin , Japan like big countries even accepted bitcoin as an legal way of payment , then ofcourse op is wrong at his place and bitcoin is more better and powerful to rise the economy of the countries who accepted it officially . Well in terms of adiction or maybe effect to our self maybe it can be considered as heroin but in times of profit it really not like thta kind of heroin bitcoin cant really ruin someones life because bitcoin is just an asset about gaining and an extra work to have an extra income while heroin can make your life mesirable like you want to die and you well really act like you are not human while in bitcoin as long as you help your self you also help others by introducing bitcoin blessing to them. |
|
|
|
Always keep it in system where complete system clear from malware alway keep update firewall and don’t click suspicious link also try to hold or keep bitcoin in paper wallet or hardware wallet when the ammount of btc really high.
Yes i believe on that if there will br suspicious malware you must hard reset the system.I believe experience also can prevent being as from being a victim of hackers if we have a lot of experience we can have also more learnings and we can get a refference on how to see the transparency on hackers move .Everything may happened depending on your own way of observation if we are temperate and moderatien we cannot be prone on the hackers. |
|
|
|
I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.
I want to know other important uses of it.
Im not sure about your answer but Bitcoin is a kind of money so that it can use to buy things especially things that is sell in the Internet. For an example, in deepweb or darkweb it usually sells illegal things where you can purchase it with the use of bitcoin. The common ussage of bitcoin is for an emergency and for investment purpose it is also for savings.Because if we spend bitcoin through things that are not really important maybe we are just like wasting our profit because the possibility of rising is always there that is why bitcoin is really said to be a good investment because it has a unique price rate and it is really have an unstable price that makes it so exciting. |
|
|
|
Age means nothing. Older people might even have more money to invest and if they need more they should definitely buy sne Bitcoin now before everyone else buys. Be one of the first older people to buy in s other older people buy in after you and you make a good profit and never have to worry again. Bitcoin is for the young and the old. That is the beauty of Bitcoin. It is for everyone to enjoy and to enjoy together. It's never too late to do something new, and I'm engaged in bitcoin. I think it's at any age. I have friends who are much older than me and earn on it very well, although at first they thought the same way
Good to hear there is interest regardless of age I'm glad. Keep spreading the good word that is Bitcoin. Well i believe that it is not really tolate to inveat in cryptos as long as theres a life theres a hope .Maybe people around will say everything is too late for and old person to invest but that thoughts is really verry inconvenience we cannot judge everyone if tbey want to do things that are really profitable maybe an old person has a lot of experience and they can get more refference about thier life experience to be used upon working on this present time around. |
|
|
|
Bitcoin is not accessible without internet so the people who are not having an internet connection are not able to use it.It has a volatile nature due to which their is always a fluctuation in it's price that's why it is always risky to invest in Bitcoin. It is decentralized in nature due to which it is not considered as legal in many countries.It is not physically present so we cannot directly use it. It is not under the control of government due to which it is not trusted by many people. Transaction thorugh it are anonymous due to which it is sometimes used by people in criminal activities.These are some disadvantages of Bitcoin.
Yes i agree on that but i think people around is really not expecting that internet can be shut down because there is no way out to internet in this modern world maybe the dis advantage of bitcoin is that it is only can be use with the use of internet also but i believe that internet will not going to shutdown because some government and life of individual today really defend on internet so then internet is really supported by tbe government itself and if the government support internet maybe it will be upgraded in a high status.In short bitcoin has no dis advantage at all because internet connection will a connection through forever. |
|
|
|
I do not think so, and I will hope it will never happen. you are talking about digital currency, which means connecting to internet, local BANK also have it, such as e-banking, m-banking, credit card, and most of all is having physical (metal and paper) that can be used even though internet and the electricity is off. Then how can digital currency replace it? I would prefer if the digital currency and fiat will go side by side.
There is no doubt in this that some people are still unaware of digital currencies and they are quite reluctant to work with these currencies because according to them all these are spam but on the other hand, majority of people in developed countries are in favor of working with bitcoin and other digital currencies just because they know their worth. In short, in such countries digital currencies can replace fiat. Well i also agree on that it is really hard to change the fiat because it is traditional and even from the past year that bitcoin has not already exist we already use fiat as a payment in all of our daily obligation ang responsibility. While in bitcoin it has really a big difference to fiat because bitcoin is a cdyptocurrency that use to gain fiat and many people really didnt get how bitcoin exist and how dow it work maube some people will really didnt even know what is bitcoin yet. |
|
|
|
when a new thing comes in market majority do not accept it without any research,they traditionally belief that it is not possible,it may be fraud,it wastage of time.once it go boom and finally become our need people realize that should be adopt,its a psyche of human being,when they do not know then blame it.Other hand quick adopter people always try new things and to be used them,If literate the people regarding bitcoin and give a way that how to invest in it majority of people will be in favor of bitcoin.
Well i beliwve that people who againts in bitcoin is the insecure people who didnt want other to gain.maybe they can try bitcoin so they will not be againts on it sometimes people really didnt recognize small things that is why if the small things become big they tend to get insecure and maybe they will spread bad things in order to break the continueous risong of one another.that was humanity is all about every one is always thinking of thier self they really didnt think good for others. I agree on that based on my daily life experience the behavioural status of tbe person is really different from each other maybe some of them care about thier self and only 10 percen will have care for others.but we cant really judge anyone for doing such kind of inconvenience we cannot really blame them because in this world we can trust no one.we only have to trust our self .but it only depend on your decission . |
|
|
|
Why people sell bitcoin? That's an interesting question. You know that Bitcoin is great for investment. When someone gets the appropriate price then he will sell it. It aims to obtain the expected benefits.
As humans we all have a needs that can really be provided in order for us to live or to be alive the most important is food ,shelter,clothing etc.i believe that people sell bitcoin because of the needs .that was really importand .i think some or maybe many of us here sell bitcoin for good or to provide thing that is commonly needed in our human body to survive. |
|
|
|
Hello Friends...
I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.
Please provide Do's and Don'ts during the trading.
learn and read a lot in this forum because here a lot of knowledge about trading and better start with a small amount first to learn Well the begginers is a begginers and we really need to put some more time in studying first or maybe understand all aboout on trading and how does it work or how can we gain or maybe get some more profit on doing it the only thing that we really wanted to extend to all begginers is that focus on study first about trading before wanting some profit because if you learn some strategy mabe profit will follow after all . |
|
|
|
in this forum we have the same chance to be able to get bitcoin even with different background and skill.
which is my question is why at first when we first know our bitcoin eagerly surge, day and night are always online, but when it reached the level of senior level member it is saggy, what tips do you use so we keep the spirit in collecting purse bitcoin purse?
Same here, I know how you feel I am also get easily bored by something and then there is one that will take my interest and the previous will be ignored. But when I feel that I am losing my interest I always think the benefits of having it and for the bitcoins I always think that we can make money of it thus making my interest retained. i agree on that we are all here by the same thoughts it is all about gaining and we can really all have te same opportunity because we arecall having an update in this furom but sometimes we cannot handle everytime because of to much work at home or even in our regular job .but still the bitcoin opportunity is still waiting unlike in our regular job if we dont make work by two to five days we are charge to be suspended . |
|
|
|
I think both will increase, but there will always be a gap between them. You could buy BTC now at 7k and have it at 35k in five years, as suggested, but likewise, ETH could go from 320 USD to 1500-2000 USD in five years, or more.
Well dont be to overwelmed and expect verry high on both ETH and BTC because in five consicutive years we really dont know what would happen on crytoworld maybe there is another types of coin that can surpass them all . I believe that five years from now is really a verry long run it anf we all know that in cryptocurrency world nothing is predictable and all are unstable so then i believe that this time arround is too early to predict. |
|
|
|
There is no such thing as good amount. If you invest, you will get profit in the long run. The more you invest, the more profit for you along with larger risk. But since you are new, I would suggest you to learn how the market works before trying to invest.
If you inverse in bitcoin means, you can get into Bitcoin at any time. If you inverse when the price is 3000$ means,you will get profit when the price reaches 5000$.Now it's 7000$. You can get into Bitcoin at price. Well i agree on that but 3000$ is really a high amount to take risk of investing maybe we can wait for the another types of price when it will go down bellow 3000$ maybe on that case we can buy btc .because we need to get less to our capital to less also our risk because if we use big capital wr really need to wait for many years to get it back becaus everything in cryptowold is really un predictable so then buy it during low price and sell if the price rise . |
|
|
|
I think it will be very big because it is already on the rise right now and after 5 years a lot ore people will know about it and trust it and then they can make a lot of money from it but i am not sure we are never sure about the future what could and what will happen.
Maybe bitcoin will have a verry big population because it is now really popular because of its amazing price i believe that this coming years bitcoin will be more amazing and a verry good way of gaining extra income many will be surprised on bitcoin and in five years it will almost covered the half of the world population.because this bitcoin is really the thing that really needed in our life it is a blessing . |
|
|
|
Last week was the right time to buy Bitcoin.But at this time If you see https://coinmarketcap.com/currencies/bitcoin/then see bitcoin price now $7.3k + So It is good time sell your bitcoin.Because bitcoin market is all time fluctuate.So If you sell now I hope few days later again you buy bitcoin. Well it is really simple just look and always have an update to the price and do the same thing buy when its low sell when its high.the most important thing is the price if you make an update on it you will know what would be the right thing to do.I believe that we only need to make intouch with thebprice and make sense of doing things that commonly needed bitcoin is not predictable and its up to you what would be a kind of decision you make for good. |
|
|
|
It's good if you have regular job and you'll enter the trading industry. In trading you must always be watchful on the current market from time to time. There are many means that you can learn more about trading. You can search on google and read threads in this forum. There are helpful threads here that would add up to your trading strategy. Though trading is quite hard but the profit you will get was all worth it. It needs your time and dedication as well if you want to succeed.
Well i believe that we can do both job and trading because trading is not really required a long period of time to make profit.as long as you get update and you understand how to trade you can earn that it why even if you do trading you can also do youre job yeah you can do it no doubt about it i experienced this once .amazing im busy yet having fun doing this crazy thing i am really amaze of it. |
|
|
|
People are holding bitcoin because they expect huge profits from it, this is my opinion.
Well i believe that people holing bitcoin for good or maybe it was just an stratevic way of gaining profit.because through holding bitcoin we can measure our patience because if we dont have patience maybe we can quit this time arround and find another place to make profit because holding without patience cannot really take a long time maybe person without patience can be drag into panic mode. |
|
|
|
$ 50,000 !!!, after Bitcoin is growing and growing in popularity,
I'm sure the governments of the world will set their own Bitcoin prices,
they will definitely limit the price of Bitcoin anyhow ...
It doesn't sound so crazy to me. If you think to the bitcoin price some years ago, it has already increased more than x6. And now that everybody want to share this big cake  Bitcoin is independant, not sure to understand what you mean when you say government will ser their own prices Well i agree on that but on my own openion we dont own our disteny if we die we really die i think the bitcoin will not reach 50k in a short period of time maybe it will run a decade to become 50k i think being overwelmed on what we are gaining today cannot help us to make this kind of crazy spectation i believe on my own way of observation and it well not be overpass with my desire we dont really own bitcoin price we dont know were it goes or how it will change.just keep calm . |
|
|
|
What do you think a about it? is it good or bad for bitcoin?
Well I think the rising of community of bitcoin has a good impact to the bitcoin itself. Of course its like also the principle of product distribution as the consumer needs gets high its price or value also gets higher. So on my own opinion a rising of bitcoin community will be good not for the bitcoin also but for the user and trader. Yeah, i think that is a good impact to many people that the bitcoin community is rising. It is very good to the side of the bitcoin community and also fot the users here in bitcoin. I agree on that i believe that the bitcoin community is rising because of that many people would have really an interest on bitcoin many people wanted to have it or maybe use it now adays that is why it is getting more popular than the past.I also believe that it is all because of the amazing profit that everyone can get in doing bitcoin maybe it is the one of tbe teadon behind whyvbitcoin today is really rising. |
|
|
|
I was just thinking that since Bitcoins is 100% on the internet, what would happen if the whole world adopts it and 20M bitcoins gets stolen by a genius similar to what happened to Bitfinex?
then what would be problem?that stolen bitcoin will remain in circulation..its a problem of that site theyre bitcoin has stolen.but the community will continue living and growing.youre the one who mentioned that bitcoin is internet.so it will remain in internet,just like a bank being robbered.only the bank and partly depositors will be affected,but not all the banks and specially not all the people Well i agree on that i believe that bitcoin is no negative effect to the economy and maybe it well only affect to the bank .I beleive that bitcoin can really make a huge income and it is really helpful to the people that need an extra income and i believe because of that simple way of gaining money the economy will get rise up high no doubtbon it . |
|
|
|
I think, most the governments will implement own cryptocurrency and will try to limit use of bitcoin in own country. These are simplest way to prevent expansion of bitcoin but at the same time to use innovation by method, painless for them
I have no doubt in that as the government will try to have their very own version of bitcoin to stop the growth of bitcoin but fail miserable because of the uniqueness of bitcoin as the user has total control over bitcoin which will not be in any crypto currency which government might come up with as they wants to control and loot from people's money which is not the case with bitcoin but lets hope for the best. Well i believe that if the government really make sense in bitcoin and give thier full support on it and they help it to become more popular maybe many people can get help on it same with the economy. I cant imagine life with bitcoin and government support maybe it will have an amazing result to the economy and the changes on poverty status will be verry fast because bitcoin really a simple way to earn money. |
|
|
|
|
Show Posts
