Well in my country, there is a cryptoexchange/wallet first and only one in country and it was the easiest way to cashout for me just submit an identity verification and done you can cashout your cash directly to the bank account or get the moneh in remittance.
well I think it depends on the use that how we use and how we have planned to deal with it. It also depends on your wallet what you have to withdraw as now I am using coin.ph I like to use it because it is very simple and convenient to use where it is very easy to withdraw your bitcoin a lot of people use security bank to cash the coin because it is also very easy and fast to use. I also use coins.ph - a local exchange wallet available here in the Philippines. I find it easy and convenient because I can exchange my BTC to fiat or our local currency (peso) easily and without much trouble. I have the option to pick up the cash in remittance centers or banks. I can even withdraw it from a security bank ATM even if I do not own an ATM card. So far, I have not encountered any problem yet and the fees are minimal and the transactions are fast. |
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All the recent negative news got absorbed and there is no uncertainty in Bitcoin market. Recently ICO ban news from one of the dominant country in crypto market, South Korea didn't show much impact on the price and the price is bullish irrespective of that. Resistance level of $4000 and $4200 has already been crossed. I believe bitcoin will touch $5000 by mid October.
I believe that bitcoin will NOT touch 5000 USD by mid October because of the incoming hard forks. Hard fork supporters and Segwit2x enemies are preparing another hit for the bitcoin price,but this will be a good opportunity to buy some cheap bitcoins.Anyway,i`m pretty sure that the bitcoin price will hit 6000 USD at the end of the year. I believe so too. Ever since its recovery from the news about ICO bans and China, the price of bitcoin has been going up for quite some time. The price increase over the past few days have been tremendous but the closer we get to the hard fork by November, it is quite possible for the price to go down again. I hope that the price won't drop too low and would maintain its $3000-$4000 mark so that by the end of the year, it would hit another break up to $6000 possibly. |
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For sure billionaires invest in btc. Why wouldn't they? They probably invest in a lot worse things. I imagine most billionaires, even though they have billions, would have noticed the amazing rise of bitcoins by now. These kinds of people have an eye for that sort of thing. Billionaires didn't become billionaires because they waited for the mainstream media tell them what to do like most of the sheeple do.
I think you're right. If billionaires are still looking for investment opportunities they would've certainly heard about bitcoin. Some might see the tremendous potential it has. Some won't. I think that billionaires still invest even if they're already stinking rich. They would still find ways and places to invest especially since they have the resources to. They got rich in the first place because they have been diligent in finding the best investment and I'm pretty sure that they must have heard about Bitcoin in their search. They continue to become rich because they manage their finances and investments well. Investing on Bitcoin would be an addition to their numerous assets. |
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Bitcoin is the only currency. It doesn't help and is not fighting corruption. It's not her job. It is wrong to blame the weapon is that it kills people. Initially it was created to protect. Charges of crypto-currencies is that they corrupt this element of the information war, governments and banks against a free economy.
I do not know how to fight corruption with the help of bitcoin. However, with the help of bitcoin, you can avoid paying taxes, laundering dirty money and committing other crimes. However, this can not in any case be accused of bitcoin and other crypto currency. Almost everything can be used for both good and evil.
I also have to agree because I don't see bitcoin as something that may combat corruption, but it is a tool that may encourage corruption such as how money is. In ways, it may be used to avoid acts of corruption or encourage it such as money laundering and other illegal activities. It ultimately would depend on the user and their values and morals. It's the same with money - it may be used for corruption but its up to the user. |
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If it's something that I would have to rely on fully, then I would most probably not accept BTC as a regular salary because this is what I would have to use for my daily expenses. I would have to go through the hassle of exchanging my BTC into fiat, subject to the frequent price change everyday. I may incur a loss or profit from this and it would be too risky. Fiat money would still be preferable for the use of daily expenses as I would have a hard time spending my BTC.
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I know that trading is half gamble and half good predictions. It is not about the predictability of bitcoins make you lost money but your emotion does that. We can say that bitcoins price movement varies on many factors such as fork or anything else. This factor is visible so it means it can help you to predict the right way. But as emotions checked in you there's no way that you win.
Therefore, it is essential to learn to master and control your emotions when it comes to trading - actually, that just in trading but in investing in general. Emotions drive the high and low of prices even in stock market. That is why those who are in full control of their emotions and have solid pre-planned trading wins. The first thing you have to know is just to ensure you have control over yourself when it comes to trading and must also ensure you risk what you are afford to lose. It's a big market that gives big opportunity but without knowledge you will never be successful. It's unpredictable but your job is to predict, so do your job well. It is true indeed, I think trading is slightly predictable especially if you have enough experience and knowledge upon it. Trading will be tough for you to predict if you are just beginner and while the time passes and you become more expert upon it you could now predict on what price of the coin will be. Furthermore, If you are keep updated then it will be easy for you to forecast on how it will go. Indeed. As with most things, experience changes your chances from zero to decent. There's nothing sure with trading. But observe why experienced traders earn real money most of the time. Even though its unpredictable, there will be ways to come.up with a good trade with every knowledge you've accumulated. It is the experience of these traders that made them make wise financial and trading decisions. There will always be a risk whenever you invest or trade but one can calculate these risks and make a prediction from it. Emotions surely play a part in trading and the experienced traders have learned to control their emotions so as not for it to affect their trading and decisions. We can but hope to predict as accurately as possible despite the risks that there are in trading. It is an undeniable fact that the price charts are hard to predict and all we can do is guess and speculate. Through keeping up with news and events, one can deduce and make decisions from these. |
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Hi guys! What do you think, will bitcoin fall to $ 3000 in the near future?
There's no way to know if Bitcoin will drop back to $3000, but I would not be surprised if it did. We could be in a period of time where the price fluctuates in a range and it could drop to $3000 or below. It's also possible that the price never drops that low again. It depends on various factors including supply and demand, the economy, and current news about Bitcoin. The issues with China leave a lot of uncertainty for many people that makes me think we aren't going to see the price go up to $5000 for a while. For the price of bitcoin to go down to $3000, it would probably take drastic changes or devastating news for such to happen. I also agree that it would be far from possible for the bitcoin price to get as low as that. So far, the bitcoin price is now recovering and hopefully the boundary would stay at that. It may take some time for the price to go up to $5000, I believe that it will experience some dips first especially with the upcoming hard fork this November. |
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i heard it from my cousin and his girlfriend he discuss it to me and i got curious about Bitcoin. now i join BTC hope i can earn money from here .
The first time I heard about bitcoin was from my best friend. He made a big profit from bitcoin and I wanted to be like him. He helped me a lot, telling me specifically about bitcoin and how to make a profit from it. My friend also told me about how much he profited from bitcoin. He introduced me to this forum and told me more about what bitcoin was. Through this forum, I found out more about bitcoin such as mining and trading. It surprised me so much because my friend earned so much over the past year, along with that I was amazed by how fast the price of bitcoin was increasing. He has and inspired me and this encouraged me to earn bitcoins as well. |
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This kind of topic is exactly the reason why there are so many preconceived notions about Bitcoin's ill fame. Onlookers think that this is the main aim of Bitcoin communities - drug buying and selling. We should try to bring to light more positive ways to use Bitcoins
There is no harm in debating about it. We are not supporting the online drugs trade or condoning the dark market activity. And moreover, even the mainstream media has balanced its coverage about Bitcoin. Earlier, the coverage used to be mostly negative, concentrating on the role of Bitcoins in drugs trade and ransom payments. But now the media coverage is more positive. I agree, making a topic about one of the scope of bitcoin's purchasing power does not mean that we support it. Though we always recognize the positive side of bitcoins due to providing opportunities and investments, the negative side focuses more on the illegal trading aspect in which many abusers can actually take advantage of. Due to the transactions on the deep web being anonymous, abusers see this as an opportunity for trading or buying illegal drugs without having being caught. This is one of the factors that hinder bitcoin's popularity from wide-spreading across the world. It is quite likely for some to have already bought illegal drugs with the use of bitcoin in the dark web, as mentioned by some already. Some may have bought drugs through fiat and have money laundered first with the use of bitcoin or directly used their bitcoin. This makes bitcoin somewhat suspicious because it is said that illegal activities such as the purchase of illegal drugs have been done with the use of bitcoin. It's also somewhat healthy for us to discuss these kinds of matter - guilty or not of doing it. This is a way for us to combat it and we should discourage this kind of usage so that the name and image of bitcoin will no longer be tarnished with this kind of negativity. |
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Has anyone else already have downloaded the NEM wallet? I seem to be having some trouble.
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Yes, bitcoin reduces unemployment because bitcoin has a potential and has a value . It gives opportunity to the people invest and earn money. It requires patience and spend more time to earn bitcoin. More people are already invested in bitcoin and helps to earn extra money for their needs. I Bitcoin is a good way to earn money and helps people can work. I think right now many people have already invested in bitcoin and they have already have worked.
I may say that it does not reduces unemployment because the one who decides if a person is employed or not is the census or the statistics office. They are the one who declares if you have a job or not. So basically if someone asked you what is your job and you will say that you are working online, most presumably they will put you as unemployed category. But in reality considering the employed was earning money is just the same when you are doing money through bitcoins. So technically yes, it helps reduced unemployment in the sense of having and still earning money. I agree. Being unemployed and earning from signature campaigns are different. Even if you are a participant in a signature campaign and have been earning income from it, you may still be considered as unemployed because it follows a certain criteria. They still will be recognized as unemployed regardless of the money or bitcoin you've been earning. I agree however that bitcoin gives opportunity for those who don't have a regular job to earn. It may have not reduced the unemployment rate in a country but it helps those who technically don't have jobs. |
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What happened to Bitcoin and the whole cryptocurrency market in September would go down in the Bitcoin history as one of the most highlights in the course of its life. There had been many news both bad and good in November and we were finally dealt with the ban by China which put some chaos into the market. Bitcoin would have conquered the 5K level had it not been for the bad news emanating from China and the market reaction to worthless statements coming from the man named as the Demon of JPChase.
We have yet to expect more and more negative news like this to come up in the future, it is inevitable for their to be some road blocks in the journey of Bitcoin. The news about China created quite a stir for the Bitcoin community however it continues to remain strong despite the numerous fake news and negative comments in the past month. Despite this, the price is now increasing and I believe that it will continue to do so. |
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That sounds awesome! Wish I could do the same. I don't know much about 'Localbitcoins' so could you tell me more about it? Maybe I could use it the next time I travel and save as much as you did from the exchange rates. You really do lose a lot of money there and credit card fees whenever you travel.
This is pretty inspiring for bitcoin users like me and this could encourage others to use bitcoin as well. It would be such a convenience to able to use bitcoin while traveling because you won't have to go through the hassle of exchanging your fiat money to the local currency all the time.
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Acceptance is also key to trading because there is always a risk of losing your money. That is why you should never invest or trade money that you are not prepared to lose because there is a chance that you might lose it. Acceptance is different from carelessly losing it though. Having some fear of losing money may be also useful so that you can still be cautious of your actions and financial decisions.
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I think we don't have to try to find an artistic way to teach kids about bitcoin. While teaching, we can make a relation between pennies and bitcoin so that they can understand much easier. We need to imply that bitcoin is not physical unless you make a paper wallet or metal coin wallet.
yes that is useless and is only effecting their future, i think they should complete their study first and they start learning about bitcoin. Kids should not be engage on it yet since their too young to put their mind on money, your right to funish their studies or if they needed money really thats the only time to teach them step by step and with guidance. That's right, kids will be kids and bitcoin could be boring for them, they are not serious yet and they are still in the stage where they need to have fun to enjoy their childhood. Time will come, let us wait for that, otherwise we are just wasting our time for teaching kids who are uninterested. And its not good to open their mind in these thing at a very young age. They should enjoy playing outside, video game or more. If they show interest in bitcoin that is when you should teach your kids about it. They will easily learn it, because kids nowadays can understand and learn everythinh if they have interest and as long as they enjoy what they are doin. I agree. Once they are taught about bitcoin, they will have to deal with money and finances - such as I have when I first learned about bitcoin. Kids shouldn't deal with that, they should just enjoy playing games while they can. They won't be able to understand it anyway nor will it be much use to them. Their parents could invest on Bitcoin for them already at an early age because it is an investment. Perhaps at a mature age such as 18 or at college then they should be taught about Bitcoin. |
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The local exchange wallet that I've been using has allowed me to buy load directly and it automatically exchanges my BTC into fiat for easy and fast transactions. I think it would be convenient if I could do the same in buying other products or booking flights or hotels etc. If there was some way for me to directly use bitcoin in my online transactions, then I would use it frequently. I think that a lot of bitcoin users would utilize this, so I think that this would be a good business.
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Money is a surething ware for every living person but for me money comes in secondary needs after god.
The reason why dishonesty has became common in this world is forgetting our god to worship.
We must pray our god before hanging ourselves in money.
Money is definitely important and essential for your survival. Basically, money is needed for the world to go around. Without money, you won't have access to the essentials of daily life such as food, water, shelter, clothes etc. But despite this, I don't agree that money is above all things even if it is one of my priorities. I'm a godly man and I believe that God is above everything. Each one have their own priorities and it may be different for the others. |
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I may not be an expert in international relations but I believe China is already a superpower. Have you ever heard of the saying that the world is half chinese? Basically, they have great influence and a massive economy. And its true that they have a powerful export industry. Also from what I heard, there are a lot of bitcoin users in China.
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Hoping that this news were true so that crypto and bitcoin users like us would have more convenience or options to use BTC. Although personally, I'd rather not use or spend my BTC in on a regular basis or for things found on amazon but it may be useful if you don't own a credit card or happen to be short in cash at the moment. This would also increase the popularity of Bitcoin and cryptocurrency as the people who use amazon would probably get curious and interested upon hearing about it or seeing it. This would diversify the world of online payments.
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