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Well, investing their money in bitcoins to make profit is somehow becoming a fad, especially since its reputation is garnering some attention due to its increasing value through time.
Everyone's into making profits with bitcoins now, let's just hope they know what they are doing due to the risky nature of investing in such cryptocurrency.
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You are getting 1 whole bitcoin of its current value/price, so that's pretty much a yes. Naturally, you buy bitcoins at its lowest so when its value rises you'll get more profit, but that'll be rare and unpredictable.
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Hello manager!
I would like to inform you of my recent rank up. From Member to Full Member. Please update my rank in signature bounty spreadsheet. I'm at #52.
I have also updated my Signature and added avatar.
Thank you!
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Well, it's too early to jump the gun, but I'll say bitcoin in 2018 is going to be pretty well. But don't take my word for it, as we all know about bitcoin's unpredictable fluctuations in value.
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It is possible. But just because it is possible doesn't mean it will happen. Sure, the price of the bitcoin unpredictably changes, but it can only go down as far as merely half or fraction. Still, better to be well-prepared for anything.
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I kinda agree with you there. Bitcoin is not ready to replace the fiat money because, as you stated, of its volatility. But why do we even think of cryptocurrency replacing the fiat money? It's enough that both co-exist because both have their advantage and disadvantages. For a start, not everybody in the whole world have access to the internet, nor as tech-savvy as us.
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The media are too easy to take a bite on any stories without fact checking just to have a scoop and profit. Scare-mongerers, I say.
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And this is why people should understand the risk of the cryptocurrencies' volatile nature. We should expect the worst when will bitcoin's value suddenly drops. On the plus side you could buy the bitcoin at its low price so you can wait for it to go up again!
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Oh, Bitcoin will remain on top for a long time. It's one of the first and most popular choice by many. While what I said might be subjective, it's hard to deny the Bitcoin's popularity.
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Well, maybe it will, or not. As others say it might reach 20K for this month, let's just hope it might be true!
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Nobody knows when, and nobody knows if it's even possible. It's completely unpredictable. But the bitcoin's value sure keeps growing little by little, huh?
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Bitcoin will still live on as long as the people keep circulating the bitcoins around. There is no need to fear, really.
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There is no need to worry about it. Well, sure, there are some bad stuff happening along the way, but as long as the community keeps the cryptocurrencies around, especially bitcoins, it has a brighter future ahead.
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There's really no way to say it with complete certain about the bitcoin's bubble, it's a fragile ticking time bomb for sure. Also, there are some countries out there already accepting cryptocurrencies as means of payment. So I guess that's a good start.
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I'm a glass-half-full kind of person, so I see things in an optimistic way. Sure, I have room to be skeptical, but that just means you have to be wise sometimes. So yeah, I would say I'm optimistic about the coming year of 2018, and hoping for bitcoin to become greater.
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I think the majority of everyone who owns bitcoins are saving it, as we speak. We're witnessing the rise of its value, and while it is risky it is best to keep the bitcoins for as long as their heart's desire. Then again, it's still up to the person's decision.
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There is no such thing as too late to learn something new regardless of age. There's even a grandma in Japan that learned to use digital photomanipulation in her late 70s and her skills with it is quite phenomenal.
I guess it depends on how interested and invested they are, only then will it become easy to teach them about bitcoin. Patience is the key, and also they must know the risks behind it.
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