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Bitcoin is a source of income. I am personally earning money with cryptocurrencies.But I don't call it job. Because there is no guarantee that we can money two years later. We should also consider the probability of losing money.
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There is no doubt that some new people are entering the market. That's why the bitcoin price is rising.
I think the price fall after it reaches 20K was due to lack of newcomers. But now there are many new buyers.
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8)I think any thing which attracts investors and causes the people to not put their money in banks is a threat for banks. So bitcoin is a threat and banks don't like it.
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DO NOT INVEST IN BITCOIN IF YOU KNOW NOTHING ABOUT IT BECAUSE ITS LIKE THROWING YOUR MONEY INTO THE SEA...AND IF YOU MUST INVEST PLEASE DO GET A GOOD IDEA ON IT....
Not a good example. If you throw your money into the sea, you will lose it. But there are many people who don't know anything about bitcoin. But they have become rich. Because they were lucky. |
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Sometimes in life need the speed to make a decision, if earn from bitcoin bigger than job of course do not have to fear to quit job, and if someday bitcoin not profitable then can job again, life have to be flexible and need a change.
I don't think it is a good decision. It is too risky. Better to have both of them at the same time. And finding a good job is not that easy. So better to not quit job. |
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If the post which is deleted cause you to miss a two-weeks period activity, your activity can decrease up to 14.
In other words, if you have made only one post in a two-weeks period, with deleting that post, your number of two-weeks activity decreases one unit and it can cause your activity to decrease up to 14.
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Everything is possible...But seeing the market scenario and growing popularity of BTC, I don't think now it can drop that much in near future. I take $6000 as a strong base for BTC. Seeing the bullish nature it can easily cross $8200 by the end of this year.
8200 dollar by the end of the year? There are 1.5 months left to end of year and now the price is 8000 dollar. Much higher prices than 8200 are reachable. The price might reach 8200 dollar in a few hours. |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
It was good to buy when it dropped at 5900$ So what? Shouldn't invest in bitcoin anymore? It was better to buy that time. But now the price is still rising. There are many people think that they have lost the opportunity and it is late. Those who have invested earlier in this market have made higher profits. But now is still good time to buy bitcoin even for long term and even in short term as the current price rise has started recently after the correction |
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XRP can be a good investments and I recommend you invest in it. But don't expect price to rise to such prices. In that case the total market cap will be more than 3 times the Ethereum. It won't happen unless Bitcoin and all the altcoins pump heavily in next year.
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supply is not important, you must looking at team, project, roadmap, partnerships!
Yes. The team behind the ptoject , the concept and roadmap are important factors. But cannot ignore the importance of circulating supply . It's one of important factors besides mentioned ones. A coin with low circulating supply can be easily manipulated by whales. |
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Demand is high and people all over the world are finding the decentralized currency easy to use and fees for large transactions are basically minimal of which all can be done in your own comfort of your home. The raise could also be as a result of the festive events that are lined up.
You are right about benefits of bitcoin such as decentralization. But I don't think that's why many people are investing in bitcoin and cause the demand to be high. There are many people that are investing in bitcoin, but they don't know what bitcoin is. They are investing because they think it will make them rich. |
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I would not really be surprised at all if it does and moreover, this is very much expected already even before the present massive correction which to me is just the work of whales.
The market will grow back soon and then it is possible we may test a new ATH.
However, like you said, there is so much confidence now for bitcoin's growth and once we start seeing wall street stepping in, then we should expect huge massive movement and more whales.
No need to wait for a new all time high price. Now the current price is all time high. And completely agree with you. After the correction the price was recovered very past. It shows that, the price rise will continue. 10000 dollar is the next step. |
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This is exactly what many investors in bicoin want to do it to be more secure. Most of people are investing in Bitcoin to have more valuable things in future. Real state can be one of best choices.
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if you buy for long term investment, you not to late buy for now because bitcoin have increase trend,, but if you just want to trade it, you may wait for next corection.. buy or not is depending on your needs,,
It think better to not wait for a correction. Now we are far from next correction as the price rise has started recently and seems that it will continue. |
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I think the transaction fee will decrease in coming days as the number of unconfirmed transactions are decreasing. Now at the time of posting, there are 88000 unconfirmed transactions. There were about 150000 unconfirmed transactions 2 days ago. But I don't expect the fee decrease to 0.15 dollar unless you wait a long time till your transaction to be confirmed. With the current price of Bitcoin 0.15 dollar is equivalent to 2000 satoshi.
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I don't think it will happen. Most of bitcoin holders are keeping bitcoins as a long-term investment. They won't sell their bitcoins for such invaluable things.
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ICOs ban in China and what happened to exchanges, the fork cancellation, problem in transactions confirmation and many other things. None of them caused bitcoin to lose its fans. After those events and confirmation problem which seems that is solving, more people will believe bitcoon and it will cause the price to rise very much.
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What is happening is what always happens after price fall. Price drops, some people get into a panic and sell their coins. But after that the price rises again to a new all time high.
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Network getting worst....there still about 90K unconfirmed transaction and transactions cost become so high.
If this keep happening, price will drop into shit soon....it could lead price to below 5K soon
There seem no way to solve this network problem, transaction per-second more higher than bitcoin network can handle.
It's up to you mate, but if you ride the FUD it'll be your decision, somehow, maybe they are just up to something to bring the price of Bitcoin down in order to accumulate more into lower prices. But the price is not falling. I wonder why the price is still rising while we are experiencing such problems in network. |
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you don't see any drawback/risk in buying a practically useless coin at 6500$ per?
Although Bitcoin price has reached such high amount. It is safer than any other coin in long-term. Demand is still high and the price is rising. |
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