This is so really hard to say special cause its difficult to explain specialty in short word
Some of them are given below:
It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
Maybe because it is the first cryptocurrency that introduced in the market, that's why people can't forgot the name itself. And it is most popular when the price is diagonally strike over as never expected and can never be imagined. As to compare with other currency, it is most usable in any transactions because it is decentralized with less charges. |
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in my opinion is it will convert to half of money and another half again reinvest. what is your opinion and let rock together with my topic.?
If this will happen, I plan to reinvest maybe a portion of it to another business I have in mind that i planned before having my target price. I will also continue participating in crypto world, buy when the price is low and wait again until the price is very much desirable to make conversion again and invest again in another business. I will continuously doing these cycle to fulfill my dreams. My dream to help others by giving them a job that will help them in their daily living and because I believe that I am blessed to be a blessing to others. |
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Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
It is not advisable to consider your bitcoin as your main source of income. Because it is unpredictable and nobody can tell if it is for life or how long will it last. Yes, it can give us a good, better or maybe best income but it is better if we will have our permanent source of income which is stable like our job or business. If you earned enough with bitcoin, then it's good, but take this as your part time job only that can give you money to finance your needs and helps you to become financially stable. |
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The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment. But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy. As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets. What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments.  Yes, that's true. The crypto world become unpredictable sometimes that we need to have a strategic planning with regards to investment. I advice you should buy when the price is low and hold what you have at present and when the price is getting higher, its up to you if you will sell or hold and keep as it is your long term investment. |
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Forums are being filled with speculation, almost all topics that appear lead to falling bitcoin prices, whether this will continue, this is the right time to buy, blah blah blah. Come on, the storm must pass, let us focus on the positive topics instead of continuing to discuss this 50% decline. Start talking about the positive news from Singapore deputy, bitcoin that has gone up 20% today and others. Think positive and positive things will come.
Yes, it is all in the mind. What you think is what you expected. Let's be a positive thinker that all things happen and work together for good. Forgot about the decline and think of the possibility of recovery little by little and that by the second quarter of the year it will be fully recovered as what we have expected. |
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The fall and collapse of the crypto-currency exchange rates do not scare investors in comparison with December 2017, but rather vice versa - new crypto funds are launched in the US and Europe. Offering the Swedish exchange Nasdaq Nordic exchange-traded note for bitcoin and ETH, Coinshares Group is launching two new funds: "Active" and "Large Cap" . The first offers a fairly aggressive strategy for investing in promising cryptocurrencies, the latter uses a more passive strategy and a wider basket of digital assets.
If you are in a position - hold.
If you have the finest money - buy in parts.
Everything goes to the fact that in May we are expected again the rally
I am confident enough that by the second quarter of the year, the market will able to survive from the fall it is experiencing right now. Never stop investing but rather buy some if you have money and hold what you have. As long as there are investors who believe that market will soon recovered, yes the market will not fall forever. |
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year is almost changed, what have you got from bitcoin this year (2017), I personally benefited a lot from this crypto currency, I am an unemployed because in my country difficult to get a job, I really helped by the bitcoin, I can give a little money to my parents and it makes me happy to help the family economy , and my hope in the next year I hope to be better in doing all the tasks and hope to be able to work in the real world, what about you? and what motivation mu for the year to come? I joined in the signature campaign at the end quarter of 2017. It helps me a lot in my studies and my personal needs as an individual. Though I am a student, I help my parents by giving some of my earnings in bitcoin to finance our family's expenses. I never thought I can be like a professional one that earns money at an early age. By 2018, I am looking forward for better success, not only in myself but also for bitcoin that it can recover from the present situation. |
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I think it is.
Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.
Thoughts? Anyone seriously disagree with this conclusion?
I strongly disagree with the conclusion stated above. As what I've said before, every business has ups and downs in which sometimes the price went down and this is what bitcoin is experiencing right now. For that reason it is not fair enough to conclude that it is already dead. It is still existing in the market and known in the industry. As long as it is being used, it will not last and never be forgotten. |
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What is the impact of bitcoin in a country's financial stability?
With the help of bitcoin, the country will survive it's financial condition because it has many things to offer like giving income to those who are participating in all transactions involving bitcoin as it is well known to be the fastest way and the most popular cryptocurrency in the industry. It can reduce also the percentage of unemployment as some of the people who knows how to access and have a knowledge in doing signature campaign like this will have an income and become financially stable and it all reflects in the stability of a country with regards to financial condition. |
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Many people say that you should work hard if you want to succeed in life and rise to riches. I'd rather say that working hard will only make your boss richer, not yourself. On the other hand, there is an age-old adage which says that you should be working smarter, not harder. But working smarter is a vague idea, and I'm interested to hear what people have to say on this topic. As far as I'm concerned, I think that working smart comes down to creating environment where you will have more chances to meet Lady Luck smiling at you, where you will be able to hit a lucky strike because luck plays an ever-important role in our lives. For example, if you want to find a date to have a romantic relationship with or you are looking for a one-night stand only, you will go to a beach or a bar since your chances are higher there, right? The same approach seems to be applicable to work as well. In other words, stick around the places where your chances of success are the highest.
So share your opinions here, guys. What is your practical take on working smart?
How do I define working hard? Working hard for me is something like you do the hard job like masonry, plumbing, carpentry and the like that involves too much energy in order to give a better output. A hard work but less income as to compare with those who are working smart. Most of the people who do this job are those who was not given the chance to finish their studies. Their mindset is "to work and be paid". But for the smarter people who have the same job like this, maybe their offer a negotiation, agreement and contract on how to finish the project with the agreed price at a given time, so that aside from their daily income they can have a profit also for the agreement and contract they made. Working smarter needs a lot of self determination and positive outlook in life that whatever you do, it will succeed. And when time comes that there is a failure, consider this as a lesson that teaches us to do better. It also means that you don't have to stick for only one job at a time, have a part time job as much as possible but not to the extent that you almost forgot yourself to have a time for relaxation because if that will happen, it is like you are working harder. |
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I'm currently investigating how to stay under the radar with regards to the profits made from crypto.
So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.
Added, I stay in a corrupt country where large scale government corruption is the norm.
Any help will be appreciated.
PS: Is the idea of crypto not to be anonymous.
Your question makes me to think as I earned that much. But if the time happens that I made millions, I will be strategic enough to cash out my bitcoin to fiat little by little in a monthly basis. For this reason, there is no need to have an investigation or suspicious transactions that enable the bank to report and investigate where the transactions came from. Aside from this, there are companies and some financial institutions accepting bitcoin payments, maybe we can have business with them like buying their shares of stock or investing with their company. If I will be given the chance to have that wealth, I will give it back by giving or sharing my blessings to my less fortunate fellow. Because I believe I am blessed to be a blessing to others and it will be a great help to those people who suffering from hunger. Much better to give help to the end user than to be in the hands of a corrupt government officials as what you have stated above. It is not truly anonymous, a privacy is not fulfilled as we expected. |
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As of now, I think it is not the strongest currency because of its variable price. But it is one of the best to use for paying bills, transferring money and other related transactions involving Bitcoin and in fairness, it is very popular and well known cryptocurrency today.
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Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
All businesses have ups and downs. And I think it is not the end of Bitcoin. Maybe it has some adjustment and marketing strategies to consider to regain the price. Now that almost everyone is using Bitcoin, I don't believe that it will pop like a bubble in just a wink of an eye. |
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Many of us here are hoping to be successful miners/campaigners or anything realated to BTCitcoin. Some people succeed many people failed. With that said, what are the biggest changes in your life since you started bitcoin? I hope these will inspire other people so that we too can be successful. Thank you very much!
With Bitcoin? It makes a biggest changes in my life I never dreamed of as a human. Why? Because I earned just enough to finance my studies and my needs as an individual. That I enjoy having a part time job and a student at the same time. Thanks to Bitcoin and to the man who invented it. It really helps other people who are seeking financial freedom. |
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How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?
Please, share your thoughts. I'm a bit confused about what's happening right now.
Yes, we need regulations in the crypto world for us to have standard regulations in every transactions and to protect the rights and privacy of those who are in the industry and yes it is also possible to implement regulations mechanism to avoid unnecessary extra ordinary way of manipulation resulted in corruption. Yes, we still have a free market. |
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I think now it's great time to buy so there is no reason to stop.
Situations like this have happened before and will happen again, I wouldn't worry too much. It's temporay situation and the market will recover so you have to be ready for that.
Yes, we should not stop trading because it is the right time to buy while the price is lower than before. If I am not mistaken, usually in the first quarter of the month, the price is falling down which is the best time to buy if you have more money to invest and keep whatever you have at present. |
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They say that chance only knock ones you have to grab it but also you have to do something you have to work on it wisely. Chance combined it with intelligence it will be better a chance to be rich.
Being rich is not that easy. It involves a lot of effort, time and money. And I also believe that being rich is determined by chance rather than intelligence or talent. You need not to be an intelligent or talented person for you to become rich. If you are determined to be rich, you will work harder and smarter plus the strong guts in your personality. It is their mindset "no need to study about the business, just take the risk for a positive outcome" and take the chance of being rich. There are some intelligent and talented person who afraid to do something as it is very risky on their part because before they enter, let's say in business, there are a lot of pros and cons they have to consider because there is always a study behind that, that sometimes end in nothing and forgot about the business. |
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Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
Maybe the economic condition as a whole that triggers the price of Bitcoin to fall down. Normally, by first quarter of the year, even stock market may fall down. Maybe because the tendency is to sell since christmas and new year happened at the end of the year and people are kept busy preparing for gifts, food and other activities like taking vacation somewhere or out of the country trip in which they should have a lot of money to spend during these season. And buying is their second priority then that affects the price to fall down because the supply is more than the demand. |
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BTC itself is central bank, BTC is money!
Banks are naturally afraid of competition, which will bring new competition to financial markets and replace some of the Banks' businesses!
Less banking means less profit!
Banks are afraid of BTC because it really affects their daily transactions and considered BTC as one of their major competitors. Why? Because when people know how to invest in BTC, they don't need a bank to do the transaction. They can easily transfer and get money as it is their own bank who do transactions for them. The use of BTC also decreases the number of depositors and creditors. People do not need to deposit in a bank but rather investing their money in BTC for a higher return on investment. |
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Some day in the future, you will realize that the best time to invest was not today, but some other day in the future, when prices were low. But with the information that you have today, the best time to invest is still today, because you do not know when prices will be low, and you do know that the longer you hold your investment, the more time it has to grow.
Toughts?
I think there is no specific time when we talk about investment. Every time is the best time to invest. Why? Come to think of it, for those who invested their money way back nineteen years ago, they don't even know that their investment is now a success that even themselves can't believe that in the near future it will become a source of wealth they are experiencing right now. So start investing right now for it is the right time before its too late. We never recover the time wasted, never. |
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