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601
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear?
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on: July 07, 2016, 07:47:37 AM
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it is much impossible for bitcoin to make banks disappear because bitcoin price still relying on the real currencies and if banks will disappear because of bitcoin it would be our new currency and it is not a good idea because it doesn't have a stable price and it cannot be the same as the fiat .
If the bitcoin is a good transaction tool to cut the banking cost and make them more profit, the banks will use it. Bitcoins is absolutely a good transaction tool to cut the banking cost. But I doubt if the banks would easily use bitcoins. As many people don't know banks become from lending money that don't really have. So, bitcoins are big problem for them. As long as there are other currencies Banks will hold it's ground and many us hard to use bitcoins. The fact is people are not aware about bitcoin yet so they don't have any other option but to use banks for their financial transactions, users of bitcoin will be higher in future but banks will always stay and won't get disappear so easily. |
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602
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Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin?
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on: July 07, 2016, 07:45:10 AM
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Maybe some people just do not believe in the future and do not think that they are going to be able to make as much money as most people are thinking.
I am not going to stop using Bitcoin because for me it is working out.
yeah exactly which we call Insecurity: It may be popular among the people but not trust worthy because people are still afraid what if bitcoin is simply scam like many others in internet. Most of the internet users are still unaware of bitcoin because bitcoin is not creating any kind of awareness programs. There is absence of promotional events in bitcoin which can make it more popular among the people, if it is promoted on higher level then it will create an awareness among the people. |
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603
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Other / Off-topic / Re: Where u use bitcoins?
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on: July 07, 2016, 07:43:04 AM
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I do not use my Bitcoin because it is a waist to use them, it is only getting harder to earn Bitcoins at the moment.
If I was you then I would suggest that you save them for a while so that you can sell them in the future.
To have a better price growth of bitcoin in future it is necessary to spend them on regular basis, only saving will not serve the purpose as you should sell your coins when price goes higher and buy it again when price drops. |
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604
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Other / Beginners & Help / Re: How to make money on bitcointalk?
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on: July 04, 2016, 12:06:32 PM
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Well man I guess you should work for ranking up your account first before joining a signature campaign. While waiting for that, I think you should hang out via services section and post service that you can offer.  Yes services section will show him multiple ways to earn bitcoin, and now it will depend on your skills that what best suits you to earn descent amount of coins. |
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605
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Economy / Micro Earnings / Re: How to earn Bitcoin
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on: July 04, 2016, 12:00:22 PM
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There are many same threads even in this section so if you go through from first page to last page in those threads you will get all possible answers for your question.
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606
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Other / Beginners & Help / Re: MOST COMMON MISTAKES OF A NEWBIE
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on: July 04, 2016, 11:58:46 AM
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Ahoy there  Im a beginner with electronic currencies and started using Yobit few days ago I would like to know what types of common mistakes newbies make and what to avoid in early days Regards Common mistake of newbies here is joining HYIP sites and Investor-based games that is more likely to scam you within few days resulting to a loss of your coins. Yeah and its nothing new as when I was a newbie even I invested in doubler site to double my coins quickly, but then I realised that I have been scammed, but I learnt from my mistake. That has to be the biggest mistake i see constantly, people thinking other people will double their coins in 5 minutes...it sounds great until they run and just never come back, there is no purpose to think someone can double your coins faster than you can. That's true but when you are really new to something then that mistakes are obvious to happen, may be the greediness comes into play and that disturbs everything. Well I agree with you. When I was new I have runned into many of that and lost a lot of money there maybe 0.03 BTC that I made that time in faucets. Well I guess God is good so I got an opportunity to earn big via trading especially when I joined here, and now I can easily get 0.03 BTC even more. Yeah and everyone has made that mistakes but the good thing is to learn from our mistakes and make sure that we don't repeat same mistake again and again in future. |
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607
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Economy / Speculation / Re: When to hit $10,000?
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on: July 04, 2016, 08:27:49 AM
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Do not know exactly the date when it will happen. But it will be soon after you sell yours.  In my opinion it will take a lot of time till it will can hit this number, I think it will not happen its to unrealistic. Maybe its possible but than it will be sure in about 10 years from now not earlier, because the price is now low if you calculate it. Not sure when the price is going to reach $10,000 and even if it ever is going to happen because people keep saying that it will happen but we are not even sure about that. It is possible for the price to reach that but it is also possible for Bitcoin to break down and disappearing. Anything is possible with bitcoin, either it will reach the moon or fall back to ground zero, and even if it can achieve that huge price it will take at least 10 years to reach there. |
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608
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Economy / Speculation / Re: BUY or SELL bitcoins ? What you prefer ?
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on: July 04, 2016, 08:25:32 AM
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Of course I would prefer to sell my coins because that is when I make money and there is nothing better then making money, with selling you will have to give out your money which always hurts.
So I prefer selling coins and nor buying or holding, holding is even worse because then you will have to just wait.
If you want to make good money then you have to hold your coins so that you can sell when price goes higher, if you don't prefer to hold and sell at low price then your profits will also be low. |
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609
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Economy / Speculation / Re: Save, Invest, Wait, Profit
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on: July 04, 2016, 08:23:32 AM
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Well, I really like this rationale. I think this is a very simple idea that could make us make money the easy way. but I think it would be very difficult to keep bitcoin in a long time
This strategy is easy to make use of but the thing with Bitcoin is, is that you will have to wait a long time to make money. Some people just do not have the patient to wait a long time and want to make fast money. That is the thing with Bitcoin you will have to wait but if it is going to pay off is still the question. If you want to earn good profits from bitcoin then you need to hold it for at least next 2 to 3 years, as price would be surely in 4 digits by then, not possible to predict the exact price. |
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610
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Economy / Speculation / Re: 1 bitcoin = 200k dollars
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on: July 04, 2016, 08:21:35 AM
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I do not believe that the price is ever going to be this high because it just does not seem realistic anymore and allot of things have to happen for the value to reach that amount of money.
So people do not hope that something like this is going to happen because I am sure that it will not happen.
It would be waste of time if we hold our coins that one day it will achieve that price as that is simply not possible and I think maximum it can achieve is the price of $10k. |
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611
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Economy / Speculation / Re: I'm dumping my bitcoins so you should
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on: July 04, 2016, 08:19:55 AM
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Dumping your bitcoins right now is not even good with all these price increasings that are coming up.
You can now better hold and do nothing with your bitcoins.
The price shall go up quite a lot after the halving. The rate supply of supply will be reduced to help the price increase. I think not a lot that the price will increase after block halving i think the price will be play at 700-900 value but after block halving we will not see the effect fast result. .and i think it takes months before we will see those prices.. Your prediction is wrong, the price of bitcoin will increase and it will increase more than $1000 and the chances are that it may continue to increase more after reaching to $1000, as at that time the suply will be reduced and the buyers will be much more. I do see $1000 Bitcoin price anywhere near. Look less than a week at halving and price is stuck at 650 to 680$. I wonder what will happen if the expectation of bitcoin users are not meet this time around. Very simple. People will start dumping as their way too high expectations don't become reality. It sounds absurd, but it is exactly what these people will do. Especially when they see the price is going down a Dollar or two. Yes and I think people have already started to sell their coins and that is the reason we are seeing decline in the price of bitcoin and now I don't think it can even touch $800 at halving. |
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613
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Economy / Economics / Re: Should I believe in Bitcoin ?
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on: July 04, 2016, 08:15:01 AM
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You don't need to convince you just need to know more about the history of bitcoin and you will trust bitcoin yourself the price always higher than any coin and the most of people using bitcoin Yeah you should believe in the Bitcoin because it can allow you to make much money but if you want to hold on for the future that is on you. It is not sure that the waiting is going to pay off and that the price in the future is going to be higher the ever. But it is worth trying it out. Its always good to save some coins for the future, as if bitcoin succeeds in long run then it can give you best profits, but also its important to make small profits in quick time. |
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614
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Economy / Economics / Re: Bitcoin to be international currency
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on: July 04, 2016, 08:13:10 AM
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then it would be taxable? and i think it would become overrated and it will decline.
Not gonna happen. If people want this to become an international currency it is because of it's good behaviors like a tax-free money, secured transactions and anonymity. It will be only taxable if it gets green signal from Government and that is never gonna happen, so we don't have to pay taxes on it and that is the best advantage. |
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615
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Economy / Economics / Re: When do you buy Bitcoin ?
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on: July 04, 2016, 08:10:57 AM
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Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls? thinking of setting up something regular to ride out the waves..... The price of bitcoin is the most unpredictable thing in this world.Because of its primary characteristics no one can tell what will happen with except rare cases (such may be halvings). It is decentralized (so no one can take care of it to help in achieving the staying in a given level) and is yet child (and is such is "capricious" and do what want; if old and mature will be more restrained and cannot go so fast up and down without any kind of rule). Having those in mind the only thing that can be made (at least that is what I do) is to buy every day on every various period little quantity of it. In this way you will not "feel" the costs and will have always more an more. You buy bitcoins at the best price that you can have ike around the 400 or maybe 500 becasue the price of the bitcoin always rise a little bit. So you will always have some profit of you dont buy bitcoins at the lowest price you can have some drops and then you will only make allot of lose but nice about the bitcoin is that you can hold them forever. Buying bitcoin is not a big deal, as whatever price you buy, you very will know that someday price will exceed that price and you can make profits in future. |
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616
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Economy / Speculation / Re: The future of Bitcoin
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on: July 04, 2016, 08:09:04 AM
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I think future of bitcoin is bright as it is an evolution for the people to use in the coming future, in the near future we need to go full digital because with it being use we can have more security with our money while transaction online, due to its fast and low cost.
I agree, bitcoin is a unique thing that can be use by anyone who loves to transact online, the feature is really good and this is designed for the benefits of the users not for the creator. Bitcoin holds various features and that makes it unique from other currency, and it will become more popular in future so I think it holds promising future ahead. I believe that too, because I have been supporting bitcoins ever since and I will not ever forget how it help me on the financial aspects of my life doing some kind of work and investing stuff. It is helping us at a moment and bitcoin is eagerly waiting to help many more people in future, that will definitely happen when more people will get aware about it and start using it. |
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617
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Other / Off-topic / Re: Earning a living with bitcoin?
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on: July 04, 2016, 08:06:30 AM
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Hello guys,
how many of you are earning for living just with bitcoin based projects? If some of you do, can you contribute what do you do?
We know that it is hard to make a living out of the Bitcoin but it still is possible but you will have to handle in allot of Bitcoin in order to make that possible. If you manage to do that then I am sure that you can make a living out of just Bitcoin. Yeah to earn a living with bitcoin is possible in two cases, either you should earn good number of coins regularly or price of bitcoin should go higher, second option seems to be be difficult at a moment. |
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618
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Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin!
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on: July 04, 2016, 08:02:25 AM
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You can always try to gamble your money up.. http://bitcoinslots.online has a good list of online casinos that are accepting bitcoin. I wouldn't normally recommend this option for my closest friends, but who knows! As long as you can afford it, give it a try. Yeah you can try to make your Bitcoin with gambling but we know that that is a really hard job to do and most of the times it goes wrong and you will lose. Winning Bitcoin with gambling is not the best option but there are not many option left to begin with. You may win once or twice but you cannot expect that you will win every time, but suppose you win then that money should be invested in some other projects to get safe returns. |
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620
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Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase?
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on: July 04, 2016, 07:57:55 AM
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I am somewhat holding on to my Bitcoin for the price increase that is coming in the future because that is going to allow me to make allot of money.
Sure that I am not the only one who is going to wait for the price increase in the future.
Most of the users are holding their coins for the halving hoping that price will be higher at that time, and now we are so near to the event so do not spend it now. |
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