I am spending it on my mobile recharge and buying gift cards, and sometimes even I do spend it on gambling, and in future there will be many more options available to spend our coins.
That's the most common things where we could spend our coins, there is not much option specially on those countries where bitcoin has just began...Mobile loads and cashing out to fiat is the only choice so that we could use it... But in where I live, I think the most famous local exchange is extending its features, and there are now online shops that they accept payment... Soon, maybe lots more will be added to their service or we could directly pay bitcoin on those online shops without processor. That will surely happen in future when we would be able to pay directly to buy anything that we want, its just a matter of time and once bitcoin gains more popularity then anything is possible. |
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I agree that in recent days the price has been more unpredictable than usual.
But I believe there will be more stability in the coming weeks.
I hope so, we are all aiming to have profit in bitcoin but we cannot achieve that if the price will continue to drop. It was the majority speculation that the price will rise due to the halving effect but until now we failed to see it and it was just a wrong timing with what happen to some hacking incident to Bitfinex. We all are ready to get profit from price increasing, i also predict that in the end of last few months bitcoin will be rise up and it will be good chance to get profit but one thing remember that all are predict. what makes you think the price will go up that the price will go up by the end of this year? i don't expect much exciting to happen that can get the price to increase. if we end up seeing the price settle above the $600 level, it will be a great achievement. Yeah and if you have bought bitcoins last year when price was below $300 level then you have made almost double profits even with current price, and I think even this is descent price to hold. |
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Well, i always sell my bitcoins every week after i received my payment from a service and i don't think i can't to not sell my bitcoins, because i always need it to turn it into fiat.
Well maybe you are on a fast pace life that you need always fiat money and you are not able to save every time you are exchanging it to fiat money. It is going to be good if you are going to try some bitcoin allocation and try to save some of the bitcoins you have. So that you are going to have stable holdings of bitcoin. Saying to someone that he must allocate some bitcoin to his savings is easy but if we are in his situation maybe we would say the same thing especially if you need money for everyday living, you would definitely exchange your bitcoin to fiat everyday so that you would survive for everyday living. In the short term, we can wait a few more months to buy the bitcoin. The bitcoin price might drop a bit lower. I have a plan to buy if price goes below $550 in next few days and I think if the current trend continues then it will go below that level and that will be the good price to buy bitcoins. if the price drops to $550, meaning that the downtrend, it is better to wait for price drops to $500, then buy as much as possible. but regardless of the price of bitcoin down, I hope it does not fall below $500. if you want to sell it is better to wait until the end of the year, I'm sure the price will at least be higher than the current price. It would be scary to see a price of at least $500, that would mean that it really fall hard. I hope it will not happen although there is a possibility as we cannot easily predict bitcoin when it is full of surprises, one day it falls hard and in the next day it will start to pump. Yeah nothing can be predicted in bitcoins as today price is higher and very next day it may fall to a extreme level so take your decision on your own and don't listen to others. |
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i buy my bitcoins because i think it is a really great investment option and im willing to make some good money in the near future
Yeah, bitcoin has really great investment, but when i started with bitcoin than i was not sure about it, is it profitable or not?, so i start to earn the bitcoin instead of buy, but later on i realize bitcoin is really best than i buy it and i am buying only for investment. Because when we comparative with bitcoin and other crypto currencies than we feel bitcoin is top one. Bitcoin can be the best investment for future and this is the best time to buy it as price is not too high and it is expected that it will be on the top in future which can give us huge profits. This should be the best for us as we are so optimistic that it will bring us a good fortune in the future, at this young stage we have to know what to do and should always consider to take the opportunity at the current time of stage. Think that something positive will happen in the future for bitcoin and we all be benefited. We should be positive about bitcoin and should keep on believing in it as bitcoin is still new to many people but as time passes it will be more powerful and popular currency. |
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At a moment price is not going up but its going down, current price is $570 so if you have any plan to buy bitcoins then I think this is the perfect time to grab an opportunity.
you are right the price of bitcoin is very good if you want to buy bitcoin, but i think bitcoin price will be rise up to higher too much faster sooner so its perfect time to buy bitcoin. Wait for few more days if you want to buy bitcoins as looking at current trend it gives me a feeling that price will even go lower in coming days, so that will be the right time to buy bitcoins. |
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If you go full time on Bitcoin then your life will be put in risk and that is because you never know what will happen with the Bitcoin and that is the problem of the currency.
It will be much better if you have just a daily job and see Bitcoin as a bonus or something.
We need to risk in order to achieve our goal to become rich, being employed is good but you cannot inherit your job to your children because you do not own the business as you are a mere employee only, maybe we should re-evaluate our goal in life, I am pretty sure you will find a better opportunity in getting full time with bitcoin. You don't need to put your eggs in one basket, people can have a daily job while doing bitcoin. So it is really better not to stick with just one job. totally agree with you. maybe there are still many people who think that bitcoin is still very risky because people will not know the age of bitcoin? maybe just in a short time or a long time. so just in case it's better not to get out of the real job. you can still work in bitcoin and real jobsimultaneously ? I did that and I was well and get a lot of advantages People don't prefer to quit their job and get full time into bitcoin only because no one is sure how long bitcoin will survive, even if they are earning good amount at a moment but if bitcoin disappears in future then there will be zero income for them. |
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I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
Thats right, holding of bitcoins is good even for long term because there is a chance that the value can increase again in the future but i think spending in trading is a wise idea too because you can earn from it as well while holding some of your bitcoins. To see bitcoin as a more stronger currency in future I think we should continuously spend our coins as the circulation of coins is really important to take price to a higher level in future. |
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I think it's a good time if you are patient for the long run.
Yeah, everyone bought bitcoin for wanting to make a profit when the price of the bitcoin become higher. the advantage is very remarkable bitcoin than other digital currencies. you don't have to worry about the future because the future of the bitcoin bitcoin will be much better from now on. Save as much as possible bitcoin you get and wait until the price high bitcoin Yeah price will be much higher in future so I think we should keep ourselves engage in buying at a moment as price is still very good to make some investments in bitcoin. That's basically the major reason why we're all trying to get our hands on as many coins as possible. We of course wanted to make profits out of bitcoin and that's not a bad thing to think about bitcoin. Using bitcoin for transactions or as a currency is pretty much like a secondary reason only as to why we are buying bitcoins. Yes, everyone wants to make a lot of money and buying bitcoin and waiting for its price to go up is maybe a great way for bitcoin users to earn more money from what they have in the beginning. Because the future of bitcoin is very potential and promising, we can totally hope for a big amount of profit we will make. Exactly, the future of bitcoin is really bright as this is just an beginning and in future there will be many big companies that will start using bitcoin which will lead to higher price so keeping all those factors in mind, I think this is good time to buy bitcoins. |
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I will invest them in altcoin trading, not all of them but will keep some of them to be on safer side, as if my trading investment goes wrong I still have enough backup from which I can start once again.
i think that would be the best move my friend  trading is good but still, don't put all of your eggs in just one basket you should really have something left on your safebox  Yup that is the right thing to do, only invest that you can afford to loose, and it you make good profits from trading then its a win win situation for you, but you need to be very careful at initial stage. Before going to start trading, we must at all times make our homework first. We don't want to go to battle not trained and no combat skills learned. In trading, the winners are most of the time are the ones that are informed and do everything to get those vital information about certain currency or bitcoin in the market. Yes proper preparation is very important in trading, and if you don't hold the knowledge of trading then its always better to learn first and then enter into trading. the good news is there are many good resources available for learning how to trade in a better way. and also trading cryptocurrencies lets you start it with a real small amount at first because all the coins go as low as 8 decimal (1 satoshi) and the limit for orders is not that big either. Yup there are many tutorials available on youtube not only about trading but also about mining the coins and those can be really helpful for you to make profits in long run. |
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For those people who hate bitcoin is just because they got scam by someone who offer them or they just invest their money on some unworthy investment site. Investment website nowdays are full of cr*p because they always running after they got some investors who invested more money thats why some people are hating bitcoin currency
If someone got scammed or if some lost their investment in Ponzi scheme, it does not mean he started hating the coin. He/she should prepare himself so that he cannot be scammed and should not blame the coin. The problem is people loose their coins by their own mistake and feels that bitcoin has cheated them, its not the bitcoin but the owners of those sites should be blamed. Shit happens! But they dont have to do that, bitcoin is just a thing. Blame it and it wont answer. For the owners maybe, but that wont be necessary because they already escaped. Owners already escaped and would be having fun with the stolen money, due to those few bunch of people the name of bitcoin gets spoiled and because of that even honest people have to suffer. |
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im sure i will sell my house and buying bitcoin, if bitcoin price rising i can buying 100 new house  when bitcoin will doen to $1? any clue ? Stop dreaming, that day will never come when bitcoin will fall to that low level, and if you sell your house to buy bitcoins then you are putting your family at risk as what will you do if bitcoin simply disappears after that? |
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Time to pick up more bitcoin ?
why not? it's not a bad time to buy some extra coins. but as always, make sure you don't buy with all your money. if you buy with 25% of your money, and the price happens to go down further, it will allow you to keep buying. that's how it should be done. Exactly that is the best way to accumulate more coins, as price at a moment is good to buy some coins and if it goes more lower in coming days then you always have an opportunity to buy some more of it. |
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I think after the ghost month, the Chinese are going to buy again. We might still see the price go down to mid $500s so that they can buy at a bargain, before they try to push it up to the high $600s again. I am not saying that they alone can control the price, but as we've seen before, the large buying spree made by the Chinese sent the price from $440 to almost $800 in a matter of short time. I would expect the price to be at the $650 level by October with an aim at $750 towards the end of the year.
Although Chinese cant alone control the price movement but a combine move from all the miners and investors from china give the bitcoin the trend they want it to me and then all other people follow the same trend of bitcoin prices buy or sell. If it happened that they will buy again then that would be all beneficial for the investor as we can see another price skyrocket of bitcoin. We are still waiting now for that increase and i think it could now justify the price increase because of halving if they will buy huge number of bitcoins. first of all, i think large players have already accumulated enough coins for the coming months. so in that case i wouldn't be waiting for a new rally this year. and second, i think the price will keep moving below the $700 price level for the rest of this year. mainly because of the fact that there is not much to look out for for people. Price is going down at a moment and that is really disappointing to see, as everyone was expecting that it will cross $600 by now but nothing is happening according to the plan. |
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I would buy, but first I would have to see the reason of the crash and if it is the bottom price.
I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time. That could be a good way of buying at that moment, if someone just wants to buy and keep them for the future and if it ends their it would be a good memory of the times spent with it and to show it to others and tell them how famous it used to be in times. This is a big risk, if you buy it can be a big advantage, and vice versa, can be a huge losses. maybe when the price of bitcoin $1, all exchangers will be closed/bankrupt or being a scam. so you can not convert it into a fiat. Yup we never know what will happen next, either it will rise again or simply disappear but if falls to $1 then we can take risk of buying some coins hoping that it will rise again. |
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I like this steady rise in the price. It just means that it will more stable in the future.  Yup steady rise is better in compare to sudden bubble, and if price keeps on rising slowly then its positive indication that price will go much higher in future. Yes, a steady rise is what is preferred by holders. On the other hand, traders and speculators love volatility. They make money in both directions - so they wouldn't mind a huge spike followed by a crash. Not quite according to Coinbase. For the past 4 days we are in green, meaning there's an increase of price but as of August 9 from $593.78 of August 8 went down to $591 yesterday so that's -$2.93. Biggest so far +$12.16 which is August 4 $568 jumped to $580 on August 5 There is no need to worry about short term price action. The price has risen over 100% in the last year, it will continue rising. i hope that it will keep on growing in the future, bitcoins will definitely grow over time because more companies more countries and more people will be accepting it Yes bitcoin has great potential to grow in future so I think this is the best time to invest money in bitcoin at a moment as price will be much higher future. |
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For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.
Yeah this is not the best time to sell as price is not at higher level but it will be much higher in future so its better to hold it for next couple of years. |
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That is true in every investment the income is depending on the risk you have, if you invest in bank with lowe risk you can only earn a little profit but if you invest in bitcoin you will earn a lot of profit because you invest in higher risk and you need to believe that you will give better return on your investments.
I can take some risk, and I believe the bitcoin price will rise in the future, so I will buy some more bitcoins. People tend to be scared to take the risk and for sure bitcoin is really risky at all. But if you aren't going to take a risk then you are not going to grow. That is why I will going to keep on believing with bitcoin even the price is sometimes falling down and sometimes rising up. And for sure the wait of it is going to be worth it. Everything someone tries for the very first time is a risk, no on learns without experiencing and the first experience is the most important thing for you because once you experience something then next time you will know how it works. If you are into bitcoins the you should always believe in it as its gonna be future currency and may be it will also get on the mainstream in future. |
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saving your money right now is the best thing you can do especially if you have bitcoins because if you dont save and invest then you might lose money
Its not written anywhere that if you invest then you will loose your money in fact you will always have an opportunity to make money with investments. |
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I'm spending about 10% of my total salary to invest bitcoin. When it reach highest value ( especially when halving is near ) I'm sell it
It means that bitcoin can be use for long term investation
I think that is the perfect way to go for an investment, as we all know that bitcoin will hold much higher price in future so putting some money regularly into it is the best thing to do. Yeah its always been good to invest our money or to buy bitcoins to save and save more in our wallet to have more profit for future. Even we dont know if the price of bitcoin will be increase more there is high possibility that bitcoin will be more popular and will be more expensive in the future.. so if you are wise the best choice is to buy more bitcoins .. With bitcoin we can afford to take that risk by investing into it, as the projections indicates that bitcoin will be much powerful in future holding all time high price. |
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I think that 2017 can't beat 2016 casue of halving, but if price in 2017 will be around $600 it's okay, but i don't really want to see $450 price again.
well anything is possible right now, in my opinion the price would also be possible to go even over than the price that was this year because more people will adopt This year actually is very crucial and it would dictate the outcome of 2017, let us hope for the best for the year 2016 to reflect its success in 2017. I think the price now is already good but we are still pushing it to go to $1,000 and that is a major improvement if it could happen. It might be a major improvement, but $1,000 over such a short period of time might end up causing a bubble (since we'd have to go up $400 over five months) and while it is possible, there are likely a bunch of people that would sell off and end up with Bitcoin's value collapsing. Smaller increases that keep going upwards and allow for people to sell are the best things that can happen within the market, and that simply wouldn't get us to $1,000. Despite a bunch of people selling bitcoin when prices fall still will not make bitcoin collapse and I think 2017 has the potential for prices to rise sharply but we can hope much to see the price could back to $1000. Everyone is hoping to see that price in this year, but there is no guarantee that we will see that price very soon but still prefer to hold my coins until we reach to that level. |
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