If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
Of course 1 btc is big money and if someone give me 1 btc, I'll wait for the bitcoin price to rise anf then convert and invest the others earn more money and save the others for future I think that you should use it as a gift, not an investment or the gifter will be sad. 1 bitcoin should be used for any purpose except from holding. It is not a good idea to hold a gift without using  If I was gifted 1 bitcoin, I would use it to buy a new smartphone and a pc for myself |
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kids are fond of playing games,watching cartoon.so if we want to teach them,we have to come out with games,cartoon videos that reflect bitcoin and its related money making process.develop mobile games must be introduced bitcoin with our beloved kids.
Why should we teach them about money and how to make money? Their ages are suitable for fun, happiness and learn. Do not make them to think about many bad things which adults are seduced, especially money. Just let them do what they want and explore how beautiful the world is. The sooner they know about money, the more darkness thier mind will be |
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If I have a lot of bitcoin ofcourse I will spend it but if the price is good. Even you have a lot of bitcoin but if the price is low I think its nor worthy to spend it. So for me if the price is good then i'll go spending but I will save still bitcoin and invest it again so I can earn again.
I agree with you. If the price of bitcoin is not high enough, spending it will be worthless. Thereofore, i will never spend my bitcoin at the low price. The higher the price of bitcoin is, the more things you can buy and you can easily spend your money in diffrent purposes |
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That is correct. Bitcoin has backed to its path now. Bitcoin right now has no authority to control the price of bitcoin anymore. I believe that the amount of bitcoin will be splited to many different people from many different countries. It will make bitcoin have more chance to grow in different places
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Investing will only be better on saving if there is no scammer but it will not happen. Investing is good for long term, you will need to wait and more patience before you receive the profits. However, there are some investments or should I say a lot which are only a ponzi scheme, asking for small amount turn to big return for a short period of time, so be careful.
it is easily to spot a ponzi scheme if we are a veteran member in this place. But it is hard for newbie. I think that everyone needs to learn about bitcoin carefully before joining so that they can avoid being scammed by other people. As you can see, ponzi scheme can disguide to HYIP, ICO, etc. |
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YES IF can beat the bitcoin coummunity .. but remember that bitcoin is the father of all crypto .. theres nothing wrong if you want to replace bitcoin by any other but before you do that or we !! that coin should beat what bitcoin value now! if not! well theres no discussion for this .. look, everyone call it bitcoin but in a million of having a coin most of them only have some satoshi and not really bitcoin because when you said bitcoin it is on 1.0000 and above and not 0.000something we call it satoshi  Father does not mean that bitcoin is the greatest. father has a lot of son and son has more chance to develop and become even stronger than father because sons can be developed and improved by new technology |
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Both but I will choose the bitcoin for majority.
I won’t rely on Bitcoin, it’s just been around for a short time, not that short. I would be afraid if I leave my wealth on Bitcoin, but with Gold, I would be really much okay. Gold has been around from the beginning of time, so it’s much reliable than Bitcoin.I really like Bitcoin, but won’t leave my wealth for a longtime without monitoring it. It is not fair for bitcoin at all. You need to know that bitcoin has been here for 9 years and I believe that it can be greater. Did people in the past trust gold when it was first discovered? I think they did not. They needed time to learn about gold and how to use gold as a property and a tool to trade between people and people. Give bitcoin a chance and you will not regret |
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Each location have their own bitcoin store the various is every time they permit bitcoin transaction on your country.For case in point : some place forbid bitcoin usage or even against lawLuckily I have my very own regional bitcoin which enable me to convert bitcoin into fiat in haste
I think that even if we live in a place where bitcoin is banned, buying bitcoin would still very easy due to many reason. First of all, bitcoin is dencentralized which is based on the blockchain net work. Therefore, no one will know that you are holding bitcoin unless you tell them about that. You can use paypal or credit cards to buy bitcoin from many online foreign merchants without any problems |
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it seems that it is not possible, because of course there will be no trading, either in forex trading or trading coin would require various currencies as a counterweight.
It will be a disaster because we all need different prices for different items and you need to know that the inflation of every country is also different some country's are very poor that is why they wont be able to handle this. For the world to have one currency, I don’t really supportthat cause it’s a bad idea. And as you said, some countries are poor and won’t be able to handle such. Everything about a country supposed to be different, just like our food is different, and we don’t eat the same thing. Moreover, the prices of things in each country are not the same. Using the same currency will cause a lot of trouble. Some items in poor countries will be extremely rich while in rich countries, it will be expensive. And it is hard to pay. So, I do agree with you, it is very bad to have a same currency in this world |
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I know we are having a slow groth among the merchants around the world about awareneess of Bitcoin but I think, we shold work under a targeted stratagy focusing on the merchants and it will indirectly grab eyeballs of the potential Bitcoin users and will boost the user base down the road.
In my country, there are currently two major exchanges are both of them are working to build such awarness amount the potential users of Bitcoin. Even though less than 1% of the population have ever heard about Bitcoin but such practices would defineatly help to inculcate Bitcoin and blockchain technology.
but exchanges do not mean that bitcoin is being use with the right purposes. As you can see, bitcoin right now is being hold as a type of investment and no one seems to care about the potential that it can change the currency system. If you want to push the actual use of bitcoin, bitcoin holders need to use it as a daily currency |
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Bitcoin can improve the economy of a country in many ways. Its firstly helping to decrease the number of unemployed people because it give so many people their opportunities to earning money online, also this will help to fight the poverty and increase the economy. Also bitcoin can help to motivate more people to start new projects based to the blockchain technology.
Yes, it can, and in a very big way. It changed the economy of a country. If the people will focus on investing into and making much profits and selling off, I believe much money will be getting into the country. Entrepreneurs and traders are part of what build the economy of a country. I know it’s much more than that, but they’re part of it. You are wrong. Dont you think that the government will ban bitcoin? They want to collect tax while using bitcoin gives people a chance to avoid it. And without tax, a country can not improve at all. And I think that bitcoin can only give money to some individuals, it can never make the whole country better |
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Gold will always be valuable, BTC can drop to zero overnight, and i also think people trust what they can touch.
Really ? you are using the Internet and almost information come from the internet such as news, knowledge, etc. So do you trust the internet? we are living in the cyber world which most of things are based on the computer. The world is change right now and so do us. We need to change to adapt to new things and new technology. Bitcoin can become better than gold |
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byteball always has new airdrop when full moon. Just wait for it. Remember to hold a good amount of bitcoin. Newly gbyte will be generated after you link your bitcoin address to a byteball address. The next distribution will occur in the next 2 months.
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Why not? Cryptocurrencies are decentralized and therefore, there is no way the government can figure out what is happening in our wallet. Therefore, banning can cause a big negative effect, but everything is just temporary. Coins will soon be back and developers know the way to deal with it
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out of the four you mentioned I'd go for ETH, the safest of them all
Right. Etherium is next in line when it comes to crypto supremacy. And though it will have a hard time and would probably wait a little longer because bitcoin is projected to remain on top, eth will be there to challenge Well, I do not like ethereum at all. Ethereum classic is better than ethereum. It is undervalued by investors and traders but I do beleive that soon, they will recognize its benefits and start storing it as a digital silver. ethereum classic has almost everything that ethereum has but the price is much cheaper |
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Depending on your situation. Which kind of investment do you want? Long term or short term? If you prefer short term, you need to make many analysis to choose a coin for yourself by reading news and look at the chart. If you love long term investment, ripple, litecoin, ethereum classic are the best choice
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Z coins are all potential. Zcoin, zcash, zencash, etc. They are very good for long term investment. If you are a patient one, holding them will give you a huge profit. Dont be scared when its price drop. They will soon recover from the crash
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Monaco is the best choice right now. They are asking permission of visa and I strongly believe that they will achieve this soon. And after that, the price of monaco will hit the moon. Invest before it is too late Otherwise, you can choose other ICOs. Remember to do some research before buying because not all ICOs are good |
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Hello! Which wallets do you prefer for altcoins, online or local? And why?
Thank you!
depending on which coins you try to use. But most of the time, I recommend to use local wallet aka pc wallet because using them, you will have fully control of your private key as well as your coin. Exchange wallets or online wallet can not give you this. They will control your coins instead of you and when you want to do something with your coins, you have to ask for permission |
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Myetherwallet for sure. It is very useful because you can control your private key. A private key is extremely important because if you can not control your private key, that means you are not controlling your eth wallet. Do not use any exchange wallet unless you are a trader. They will not let you control the private key at all
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