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Bitcoin specially now makes it better than cash since its value is continuously soaring up and the trending is consistent. You can use this tool to have a leverage in terms of its value and potential growth. Its convenience and accessibility in terms of buying/trading btc is widely available. Now there are a lot of streams of possible ways to harvest btc and further grow it. this forum will help you a lot to increase one’s knowledge
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Trending for the bitcoin is tremendously going up. as to its volatility it can go up and drop very sudden. Bitcoin is full of speculations if you are not into trading thus it gives excitement to its stakeholders. There is always risk involved in every investment. The higher the risk the higher the return or the loss or learning you can get.
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There's nothing in the world who can destroy bitcons.But yeh If countries start banning ( like china do )
Bitcoins.It can lead bitcoins success to UNSUCCESSFUL .Peoples can start losing profit.A lot of bad thing can
happen
This is certain if government would put it as a criminal act the popularity may came to drop. We just hope that itll be for good. I just read an article that the bitcoin or crptos is being used by neo nazis for thei transacions.
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it is governed or being mediated by ots own and unique crypto codes that is part of the whole blockchainz Thus, one can not be dup since it has its own security feature. since it is digital, i woild beleieve that its nemesis or “cryptonite” is digital thing or disaster as well. We do not hope for this but we wish to prevent something happened like the omes in Mt. Gox or worse than that. Thus with the eye of bigger corps and group pf people being involved with btc or cryptos make the stakes bigger. It would be case to case basis or may vary that may differ depends on your loc.
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The Government’s Central Bank just announce in the news that we should be taking cautions in investing BTC.
on the other hand,Some financial freedom advisors are taking initiatives to conduct seminars re BTC.
But good thing is the launch of the bitcoin wallet and its emerge in the market. Many are becoming involved in this cryptocurrency madness
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He is a strategist, should i believe on this guy? the answer is no, obviously he is just riding up on the fame of Bitcoin and Cryptocurrency, clearly he has no idea on what's going on the cryptoworld. To answer your question, for me no, it is a currency and satoshi created it as a currency and i will consider Bitcoin as a Digital currency, no more no less. What did you last buy with bitcoin? I was going to buy something in the summer, thought i'd pay with cash instead. Apart from other cryptos and ICO I don't believe there's much actual spending of bitcoin. Indeed thats why some would really keep it instead of spending it otherwise you can still convert it to the normal currecny if you profited from your btc. from where i am, btc is not yet accepted though cashless transactions are encouraged as well.
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It's quite sad to think that most people just see bitcoin as a mere investment that is greater than stocks but is somehow inferior to gold. The main point of the creation of bitcoin is to be used as a currency and to also serve as an asset to hold value over time, but the latter seems to be the case for bitcoin in the current times. Also, there seems to be no serious development in making bitcoin the king of micro-transactions and I'm still hoping that the Lightning Network would really solve that and be able to put up bitcoin into its rightful state: the king of micro-transactions and new digital gold.
I think reason for this is the value of bitcoin unexpectedly rose and tremendously grew since its inception and if converted to the normal currency it gives you an instant value or should i say leverage of wealth. Where as, i understand that initially, it is meant to substitute the current governed currency in each country thus with its popularity, demand and characteristics, it is now more of being kept than used. Though trading is alive and kicking. At teh end of the day, one is always enthusiatic in earning growing the amount of btc or cryptos in his wallet. We look forward in the future that most of the commodities will be used using BTC or digital money alikes.
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Yes indeed as with the price increase and quick roll back, it would be best if you keep some and then sell some at a certain point of increase. I certainly agree that it should be both be balance as good as investment and good as something you can eventually use for commodity though you can still convert it to cash for a higher price. A lot of news outlet are either overwhelmed with the rise as to the others are also skeptic still with the cryptocurrency.
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according to strategist, Tom Lee, Bitcoin is 'digital gold' for millennials and could reach the '$100,000 range,' says strategist Tom Lee.
With the rise and popularity of Bitcoin,it is being viewed as the next big thing in terms of investment,functionality and commodity which drives people interest as day passed. As it is increasingly growing in terms of value and usage, How do you think BTC being considered as Digital Gold? Would you rather keep it or use it? Thanks
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Unless the usage of the bitcoin has sprung among the common public and its being use widely spread i think it would be more of the common crime like robbery,hold up and the likes. Thus it could also be linked to more of organized crime like hacking and phishing since its digital. We must always be guarding our fort and vigilant everytime we do transactions esp nowadays that BTC is getting popular and high
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Bitcoin in general is fastly growing and gaining its value on daily. Having its another stretch to increase last month of this year. It is increasing, growing and gaining its popularity all over places. For some, they do mining, get paid thru BTC via signature campaign/tasks or even cloudmining thru online platforms. Once BTC aquire some holds/store, trade if you are into trading, buy and sell. Once aquired, some would still convert it to cash thru their e-wallet and utilize it for common commodities event as cash itself. Thus the relevance of BTC to the economics help and give chance to others to have another form of investment and income at the same timr. For some country it is wodely accepted and being used for the convenience of its people especially for its enthusiasts. Certainly, it is the start that soon other countries who wants to integrate cryptocurrency will use it as common as the normal currency.
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Monopoly and big companies who will become greedy and may want to take hold on this cryptocurrency
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What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age? Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
I would advice to invest some for their grandchildren and some for them. But, Most of the elderly are having difficulties when it comes to understanding what bitcoin is and how does it work. But, if you're teaching them in a proper manner maybe they can adapt knowledge on whatw BTC is. I think this is ideal as it would somehow create a bond between the grandchildren who might be able to comprehend better. Thus this would still be case to case basis as there are grandfather/gmother who are very keen or are into investment such as bitcoin can easily adapt especially if they have a strong interest and is on a good healthy living condition. thus, a healthy body composes a healty mind that is still open for learning and changes
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It depends on the amount of your salary. But, for me, 30% salary for investment is suitable.
I agree with you because shared 30% with 70% something suitable and not so detrimental Everybody do have a level of risk they can take. While some can take some unreasonable risk and be ready to live with it, some can only take minimal risk and know that no matter what and in case the unthinkable happens, they really do not have much to lose. The same way the risk is high or less is the same way the profit is high or low. For me though I have been going 40% crypto and I am OK with that. Certainly. Sometimes it is based on the lifestyle and city or place you are leaving. As long as you have a goal and direction, i think it would come a long way. level of risk depends on how far can you go and make sacrifice with the mindset that you can also lose, win or lose to win.
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When investing,one must need to know his entire net worth and the flow of income and expenses. You must ensure to have at least 20 percent of your income as savings. some would divide the 20 perxent into 2 and make it Savings and Investments. Normally the 80 percent would cater to your expenses assuming that a chucnk of this is fix expense. Now if you can trim down your expense and your lifesyle can adapt to it then you would be in a better position. Experience is the best teacher yet you can have a good calculated rosk before dipping into bitcoin. Bitcoin still is the future but doesnt mean its alwaya going up. So it would alwaya depend how far can you go and if you are a high risk taker. It would be best if you start small and learn along the way.
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Bitcoin is growing and its decentralize. Its the future money due to its convenience and value. It is an investment at the same time especially if in your country bitcoin is on the rise. Soon in the future itll be more seamless to transact invest and use bitcoin. it is believed that bitcoin can not be manipulated but still we need to be watchful when transacting or trading.
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I totally agree with the ergonometrics factor in building a farm. Surely it would be worth the sacrifices,effort youve exerted to build such a structure. Taking it to another level makes it even better in performance and giving good returns and feedback and impression to stakeholders in case you become a client based in the future:)
He started with 1 unit. now its 2 already. And hes pretty doing well being an indie miner. Just need to ensure to ventilate it well.
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December of this year, particularly in the US, you will already be able to bet on the bitcoin futures. It will be at the worlds largest exchange.It is expected to be listed this year.The chicago mercantile will soon launch bitcoin futures. One reason sstated is the sudden drop of bitcoin previously. fortunately it was able to recover. CEO of CME Duffy mentioned,"I'm going to implement something. If the market drops precipitously, we'll stop trading, and if we think a product is going away, we have the longs, we have the shorts, we'll match them up at a price and that's the way our rules read today."
With what stated above, what can you say about the actions being done by big trading company like CME. I understand that though some may not be using that platform but itll can also be a good or bad example cases to others. One things for sure. Bitcoin is going upwards!🤞
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funny how i heard of Bitcoin was throgh a page related to like deep web. 1st they say that only powerful person and influential ones does have an access to BTC. Until a lot of articles and features came out. in my country, the influx of information and mining sites has sproute all over the net. Watched and checked a lot of sites and here i am hooked and keen to BTC. Was amazed by the power of it specially the ones in JPN. Future is here☺️
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