Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I really don't think so. What people like about bitcoin best is the fact that they are able to utilize it's volatility as an investment, whereby they are able to earn a lot of money. So, when bitcoin's price becomes stable then people will tend to look for a different coin that is also as volatile as bitcoin right now. Have you ever thought about where does that money comes from and why is bitcoin valuable coin? Think the same about gold too. We, people determine bitcoin's price and this depends on how valuable does this coin is for us because there is nothing behind bitcoin + it's virtual thing. Gold is nothing too, people just made it valuable thing because it was hard to mine and it was even hardly findable in future. Talk about this will make it very, very long post, so I hope you understand my idea, bitcoin isn't like invest and sit, we have to be active in using it. But accept the fact that there are still people who do hoard lots of bitcoin which it doesnt tend to make use of it which would add up on the circulation for more progress and development into bitcoin. Popularity came from its feature which is a decentralized stuff and popularity because of its money making opportunities this is the reason why and talking about price stability if this thing would happen then expect popularity would really be lessen up because traders or investors will really jump out into another volatile thing because if the price is stable then making money out of it is really very hard or not already available. I think bitcoin is still struggling for its high price now a days there is no chance for bitcoin price stability because its demand is going more high and it’s still not reached t many countries when bitcoin reached to everywhere and its users join bitcoin around the world so then may be there can be chance that bitcoin price can be stable because when one country join bitcoin so it increase its price so bitcoin price is going more high in coming time. |
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yes the government still has not found the right preventive measures to overcome it.
They will never find it. Governments just want to defame Bitcoin by stating that it is being used for criminal purposes, while they are well aware of the fact that their fiat currencies are more than anything being used for that. Even in the case of fiat being used by criminals the most, we can't blame fiat for that. Fiat and Bitcoin are nothing more than tools that people can use or abuse in their preferred way. I personally don't care about how people use Bitcoin. If they want to buy drugs, so be it. If they want to buy weapons, again so be it. Everyone here should mind its own business, and not focus on how others use Bitcoin. Its totally bad and sad when people are using bitcoin for bad activities I think if someone start hard work here so can earn a lot of money which he can’t get in bad things so they are not joining bitcoin instead of bad things and bad things have always bad result so use bitcoin for good things and change your life because a bad work return soon with bad result and bitcoin is here to help us not to push us for bad things. |
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Bitcoin is a digital coin its sounds like money because of its value but it converts into fiat before you used this as money.Bitcoin has a quality to rise in the market because of the value so why many people wants to venture in bitcoin if its not money?Actually bitcoin is like money.
Yes it’s a digital currency and its work same like other currencies when you want to buy things so you can buy any time and also you can buy online so bitcoin is not only currency but it’s also an asset you can earn here a lot of money bitcoin is very safe and good for investment you can invest here as much as you can and I’m sure if someone join bitcoin then he became a regular user of bitcoin because bitcoin is very good hope for future. |
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Bitcoin to me is a decentralized coin with a great potential both in use case and as an investment.
Bitcoin is a part of my life and I think it’s a gift to me from bitcoin and it’s one of the valuable gift I never see such a currency in my life and I will support it till to its time because bitcoin bring changes in my life before my life was full of tensions and now I feel comfortable and enjoying it bitcoin is the only hop for me and it make me able to start my own business and end of this year I will buy a new car so I’m great full to bitcoin . |
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It depends on the scenario, For person like me that cannot really afford to invest in gold then bitcoins is better because i can work hard to earn this coin unlike in gold that only miners can afford to have it.
Yes its true there is no doubt that bitcoin is much more better than gold because in bitcoin you will always get profit and in gold you will lose always when you buy gold today and then you keep it on hold so it will never give you a profit there will be a deduction from your gold and bitcoin is totally different then gold if you buy bitcoin with low price and then keep it on hold so it will give you a very good profit because bitcoin is trying to change the life of people around the world and it don’t compromise on its price so I will prefer bitcoin then gold. |
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as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?
yes bitcoin is very controversial, this is because they are surprised by the bitcoin price increase from the price in 2013 which is still around $ 2 now bitcoin price has reached its record high in the year 2017 is $ 20k it makes the world even more surprised with bitcoin. No its not controversial but some people are trying to make it controversial because they don’t to see bitcoin with high price that’s why every day I’m going to see that some see that some people are saying bitcoin is going to end and some of them are saying that bitcoin price is drop and much more which are totally wrong information and it’s not a fact always fallow positive thing of bitcoin because bitcoin is a very good currency and it’s here for us to change our life. |
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Well I think it is because of the high inflation rate of the bitcoin these past few weeks.The inflation has made the people interested to it.And I think gold isnt really a thing that people will be interested with.
Every year is better than last year and I know that this year was one the lucky year for bitcoin in this year around the world and including in some part of china people join bitcoin some princes from middle east have also join bitcoin and some companies as well and there is no doubt the next year some countries will also planning to join bitcoin because bitcoin is one of the fast gowning currency in market and It will end the world poverty soon. |
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Its depends on people who is interested in bitcoin, I think if educated and knowledgeable are willing to invest in easy proccess they want to achieve.
It’s a very good question and the answer is in yes and no why its yes when if someone is educated so he can use it easily and also he can earn a lot of money from it because there a lot of thing to understand and for that education is important and no is for those people who are not educated because if someone don’t understand about trade and investment so how he can earn but I think there is a little possibility for uneducated people as well if they have money so they can give to someone invest. |
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It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio. Invest your money in various different coins or businesses for if you lose in one you can cover the losses from other coins or businesses.
We are living in a world where almost every move you make, you always take the risk, specially when it comes to saving or where to put your money. The best way to minimize the risk of loosing all your money is to manage it correctly, try to read topics that involve wise decision in saving. If you concentrate your investment in only one way, like bitcoins, it is almost impossible for you to counter the fall if it unexpectedly occurs. Yes it’s not a good idea to turn all your money in bitcoin even rich people are not doing it and it’s a kind of greed if you invest your little part of money in bitcoin so it can make your money double and I will tell you about y self at the time when I was joining bitcoin so there was no money with me in my pocket and I take a start with little amount of money and now I’m one of the good investor and trader in bitcoin so start with your amount and make it double. |
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In bitcoin we are all anonymous and no one can even know us. Unless we give our personal details or posted it here. Bitcoin is a digital cryptocurrency and can't even hacked at all because there's so many people's protecting it to hacked, but i know therw's a code that needs to know and only satoshi nakamoto know it. So probably there's no one can evem hacked because nakamoto isn't even active and no one knows her
Every think can be hacked when its associated with internet and bitcoin is also available on internet so there is a chance of bitcoin to be hacked and in past some countries and also some organization try to end bitcoin from market but unfortunately they were fail and they did not end bitcoin so I’m sure if this time again when someone try to do anything wrong with bitcoin so he will also be defeated by bitcoin because bitcoin know to defend itself. |
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Yes bitcoin is hackable, but that doesn't mean that it is easy to hack, the ones managing bitcoin are placing very high security to prevent hackers to hack their system and also takes a lot of skill to perform this kind of hacking.
There is a possibility that someone can hack bitcoin because hackers are using internet to hack something and bitcoin is also available on internet but my believe is that bitcoin is now mature and it got a lot of experience from the market and it keep its eyes around the world so it’s very hard to hack bitcoin in past bitcoin face a lot of problems and bitcoin learn from those problems and defeat every single fork from his way. |
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Bitcoin is an asset because you cannot use bitcoin as a currency because the network of bitcoin is very crowded and because of that, the speed of transactions are very slow and the fees are also high which is not a good thing to know. So bitcoin is just an asset or investment and not a currency.
It’s actually both you can use it for anything if you want use it for your daily expanse so you can because it work same like paper money such as you can buy food, clothes and paying you bills and also it work for online shopping and it’s also an asset if you keep bitcoin save for future it can also help you after some time so bitcoin is full of good advantage’s and it can help you in any shape we need to work hard here and as a result we can get good result. |
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Looking at the Foundation, the history development and the target of one coin can help you find out a good coin. IOTA, Monero, Ripple, Ethereum are those coins.
It’s very easy to find a good crypto in market first of all we need to look the people round us that which crypto they are using and then we need to look the relation of that crypto with world and then we need to see the price of crypto so these kind of things are enough to know that which one is the best and I think these qualities are available in bitcoin so there is no doubt that we need to choose bitcoin instead of any other crypto because bitcoin is best. |
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You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Some coins are even dead because the developers never really had much interest in really letting it survive while some were just scams. This is why it is always very important to read much about the coin most especially if it is not well known and still has some low market cap. If you can hit the right coin with a good team and a good project, it is always very hard for you not to see them give you good profit at the end. There are a lot of thing to know and learn about trade and I think that’s not possible to expanse in detail here but I think for trading you need some extra ordinary activities because in trading you will just buy and sell and some time you can also exchange so definitely you will buy thing with less price and will sell with high price to take profit so you must have to buy those thing which customer like most and that must be good in price for them. |
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For me my idea where its better save money or invest i think for me is invest your money have interest and became bigger while savings money only in the bank and its is not moving.
Saving and investing of money, both are equally good and have their own pros and cons. You can only invest your money if you have this much of money in your account. For having some extra money in your account, you have to first make some sort of savings. So both the things are related to one another in some way. Once you have this much of savings, then you should go taking such sort of risks of investing your money. I think both are right decision to do if you keep save bitcoin for future so it can help you as people are going to keep on hold bitcoin and then they are waiting for right time to sell so same if someone want to keep bitcoin on hold for its kids so I’m sure that will really give a big support to it and using is also important of bitcoin because it’s a digital currency and we must use it for our daily expanse such as buying food or paying all our bills. |
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Now you could have gained a small understanding about the trading aspects and the mistakes that need to be avoided while making small or big volume trades. You could grow the trading volume little by little to profit you rather than just spending big as it's the early days of learning.
Trading has a system of steps for us to follow so that we could earn in the process. It is true that we should take part for us to earn little by little for us to learn more and gain knowledge without affecting our mode of earning on trading. Because just how bitcoin developed and have growth in terms of transactions and investments , we should also make sure that our part is a vital for us to developed us a trader and gain more knowledge for us to earn and to have a bigger profit. Not only in trade there where you want to take a start on your first day there will be some problems coming to you because that work is different for you and you are not use to with that work but then slowly you understand the work and you feel comfortable so it’s same here also if you want to start here in trade there will be little bit difficulties for but I’m sure after some time you will be best of the best to earn from bitcoin. |
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
If your money is in bitcoin while gambling or while doing other investments there is a chance that you might be swept with the wave of it. Although risky if it falls but as of now the more you wait the better you get. Its just always rise for now. Just months ago it was at $350 look at it now. Can your $ do that?  First difference of these two is that one of them is a digital currency and other one is paper but as we know now a days everything is going to digital and they are only to make life facilitate of people so bitcoin is also doing a same thin in bitcoin you can trade inline and also you can invest as well and its price is also high and it’s very easy to carry with you self-there no chance of steeling or robbery of it so in my opinion bitcoin is now better than any other currency. |
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In curiosity, I know all of these can hack the price of Bitcoin, but the question is, which in your opinion is most likely to happen first?
In my opinion nothing will happen to bitcoin because bitcoin is now meatier in market and it has almost nine years in market in this time bitcoin have faced a lot of fork and difficulties and I’m sure that now it’s very hard to beat bitcoin because there is very big support to bitcoin by rich countries and they are also helping bitcoin to stay with high price and bitcoin by it self is now very strong and now how to handle the situation at that time. |
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South Korea BTC is trading at $20K right now.
Do you think this is pure speculation or are they actually partially hedging against an event of an outbreak of North Korea, American war?
If US goes to war with North Korea tomorrow, I feel BTC could surge by 100% in one day - what do you think?
Yes I think you are right because bitcoin is associated with market trade and it’s a digital currency in case of any emergency there is no doubt that bitcoin price will be disturb in North Korea and also its price will be drop in South Korea as well so war is such a bad impact for any currency but the good thing is that its price will be good in other countries because bitcoin have no link with war it will change its direction to ward other countries but we can wish that there will no war between America and Korea. |
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The biggest advantage of bitcoin is the increasing price of it, bitcoin price is rise very high in this month, there are many people which get more than 70% only in one month. The fast world wide transactions of bitcoin is also the best feature of bitcoin, its much better than use bank service.
Well there are a lot of good advantages of bitcoin which is not possible to explain in few lines but I will share some of them first of all bitcoin is safe and sound for investment and its price is very high then any other currency and you can also learn a lot of tinges here its transitions are also very fast than any other crypto its now going to teach in some schools and its users are very high and still people around the world they are joining it. |
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