many Economists in CNBC say bitcoin is burning money and they talk about many reason which not understand it
So what do you think about tha
It is possible in some cases that bitcoin can make people or a whole counrty bankrupt. But I will not happen i think as most of the people are turning to digital currency. And this will protect bitcoin from ending.
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I don't think if such person thinks about himself as hero because he didn't know that Bitcoin is going to be worth so much money in the future. It wouldn't be nice to talk to him and ask how does he feel about it. Would he be mad because he could have a fortune now? Or would he turn it into a joke? Also I think that he wasn't the only person who spent Bitcoin somehow.
Yes, most of the early users of bitcoin did not accepted that bitcoins price will reach $6000 in future as it was not so famous in at the start. They spent btc as they though its just a new technology to earn and spend money nothing more but now the same bitcoin has become a golbal attraction and peopel try to earn more and more of it.
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What is the best way to make money with bitcoin in 2017?
I think holding bitcoin is the best option now to earn money as big business mans and investors recommended to hold bitcoin as its price has already reached to $6000 as predicted and will reach 10000$ in comming future. Bitcoin can make any one rich in the future.
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This is the most trending topic on the forum I think "is bitcoin better than gold". But always I will tell that bitcoin is better as it has more opportunity to earn and also has high returns aa gold does not give chances to increase just the value increases but bitcoin is like a bussiness we can earn more if we work more.
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Hey everyone finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them... Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way! Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else... I agree what you say some people will think that buying or holding more bitcoin will lead them to loss but i will personally save my bitcoin hold it for some days as i trust that its price will reach heights in coming times. Many experts have already predicted that bitcoin will grow to 10000$ in coming years
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
I think investment is more profitable than just saving money in bank. Investing money will give you more return than keeping money in bank account as its rate is increasing rapidly and more and more people are taking interests in bitcoin and this will help you earn. I will personally perfer investing rather than saving.
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I think bitcoin is a better way to invest money than keeping it in bank and getting a very low interest rate. The income from bitcoin is very high as compared to interest we get from bank. So due to this it is more profitable to invest in bitcoin rather than keeping money in bank.
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
I don't think it will be easy for hackers to hack a bitcoin wallet without its proper information. As bitcoin is a anonymous currency ut can only be tracked with the help of transaction address and it is difficult to get. I think a hacker will need all information about the wallet and its transaction address. So it will not be easy to hack a bitcoin wallet but it is still possible.
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As I scan and read forums I got curious here.
Is there any disadvantages or advantages of receiving BTC as a payment from the object that you are selling or from the object you are buying by a BTC? I hope someone would be nice to to answer it kindly.
I think it is profitable as bitcoin is a currency which does not have stable price if a person gets bitcoin worth 100$ today it can also reach 120$ the next day this gives profit for the user, and using BTC for transaction will also decrease the fee required to change the bitcoin to cash or normal currency.
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Yes, many people in the world use bitcoin for crime. As we can see on dark web there is sale of almost every illegal product and services with the help of bitcoin. Bitcoin is also considered as a hackers currency as it is mostly used for anonymous way of transfering money. But now i think people are changing there view towards bitcoin and using it in proper way.
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I depends on the thinking and the need of people. some people need instant profit and want to use the profit for there daily need for the bitccoin is just a currency. But some people invest in bitcoin and want to get high returns in future for them it is like a asset as they wait for it price to increase and become rich in future.
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I am newbie on bitcoin, recently introduced with the community. I have seen a lot of positive feedback about bitcoin investment. I am not interested do business or trade on market. I want to used it for long term investment only. Some people suggested me anytime is good for invest on bitcoin but I want to do it wisely. If you have some idea of the market and analysis kindly do it for me.
It is never late to invest in bitcoin as its price is tremendously increasing and more and more people are getting attracted towards it. Bitcoin is predicted to reach heights in price in coming future so I is best to invest now in bitcoin and get tremendous profit in coming future from it. I personally prefer in holding bitcoin now as its price is increasing daily.
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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?
Many countries in the world have already accepted bitcoin and many are learning the advantages of bitcoin and trying to apply it in there country. Bitcoin can help a country to increase it economy and bitcoin can also prove as a solution to unemployment in the country more and more people will get opportunity to earn money through bitcoin and this will lead to the economic growth of the country.
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself. What lead you into bitcoin world and what's keeping you here?
Bitcoin is like a very smooth currency for me and also like a opportunity to me to earn. IT is my golden key to become rich and have a good financial life in future. Saving bitcoin now is equal to becoming rich in future. And for now it also helps me to up come my daily need of money. My interest in digital money and the way bitcoin gives it to me keep me with bitcoin for many years.
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never seen bitcoin end i seen bitcoin straight into the road becomes famous and replace the fiat, someday bitcoin hoping the new international currency being the first digital currency, future of bitcoin into world market become a very important cureency with the high value.
Bitcoin may end when there is no supply and no investors but it impossible to happen because bitcoin becoming more popular and many people used it. Even only invest today , it is not that late because bitcoin value is going high every year. Bitcoin is now the most used, most valued and most famous digital currency and has a very good impact on people. I don't this is i easy that bitcoin will end as bitcoin works on the people who use it and some people will never stop using bitcoin and always trust in so it is impossible for bitcoin to totally end or any other currency to replace it.
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Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several ... MoreThis is definitely good to hear. It is just overwhelming since Bitcoin have gone through difficulties on the previous month but still, it was able to overcome all of it and even come back stronger. It is now priced at 6009$ and is still increasing. It is also expected to have a market value of 7000$ or more before this year end. This time was much awaited by every investor of bitcoin because there are a lot of ups and downs in past few months that take bitcoin so low but now fortunately it is at 6000$ and the time of profit seeking has be started and people are acquiring a lot of profit and still others are waiting for their desired price and that will also come soon bitcoin proved itself again that it will never let anyone down. Bitcoin has proved to many people that it is a power full currency buy showing its price which reached the heights of $6000 . This price has made many people to seriously look into bitcoin and its earning methods. People have become more advantageous towards bitcoin and investing more and more in it. some people already have earned too much from it as its price is increased and many people are accepting that there will be more increase in price of bitcoin.
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It's almost like we don't value it for itself, but what it's worth in "real" money.
Most of the people work with bitcoin due to the need of income and the also live on this income so most of the people prefer to convert bitcoin to real money rather than holding it for long time. People need to use this income from bitcoin for there daily need and to live a good financial life and for this bitcoins need to be converted as it is not acceptable every where in the surrounding.
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Amazon has taken a really good desicion to add bitcoin as its payment method this will help many bitcoin users to easily pay through bitcoin without changing the form of currency and all products will be available to be purchased with bitcoin. This will also make bitcoin famous among peoples and more and more people will try to earn and use it for there daily need. So amazon has done a good work by accepting and taking interest in bitcoin.
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Do you think bitcoin gold value will rise to bitcoin value
I dont think any coin can match bitcoin and its value as it is 6000$ and will still increase. Bitcoin is the first digital currency and is accepted by most of the peopel. Any other coin cannot take its place.
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