I have bitcoin because for buying i want and i need it to my future  and i use it to gambling when i feeling bored keep your bitcoin until block halving than you using for gambling because you can lose all your earning in gambling. trust me next halving will give you many profit. What makes you so sure that the price will go up by the time the block halving takes place? If every person was sure of the price that would rise then people would massively buy and cause the price to go up now. The main reason that people have Bitcoin is that you can have some a lot of profit with it, it is all about the money and that is quite logic for the people we are all greedy. But some people use it as their payment method and that is quite good, but sometimes you have to wait a long time to make sometimes a lot of profit with Bitcoin. Its not only about earning profits, bitcoin helps us in many other ways too, like online shopping, online money transfers which is very cheap in compare to other service providers. |
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We can say that in 2020 we will have ood price seem like around 1000 would be good one
Yeah bitcoin has a potential to reach that value by the year 2020 as many of us are predicting that we will see the value of $1k by the end of year 2016 and if it happens then we can expect much higher price by 2020. |
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A cool thing to do is to tell about the advantages between banks and blockchain. About the bordless thing. Anything that could make the unknown (and sometime untrust) world close to the normal (ordinary) people. It's hard, but at least there are few books to help in this "mission".
Mate if they are not tech friendly then it will complicate them by teaching about blockchain, as they are very new to it so we need to keep it simple at the primary stage, if they find it simple then will surely try it. |
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The worst mistake I made was that I bought some bitcoins at a very low price that is good. But when the price did go up a bit I sold them all. After I sold them the price was going up more so I could have made more money.
I think that's not too big a problem dude if you have already benefited from it. therefore you should be more patient. I know we don't know when bitcoin will stop moving up again? so it was naturally happened Yes indeed, if you are buying at a low price it is not that bad, because you can always wait later for a higher value and you have a higher chance to make some profit. And that is quite good but the only thing that you need is some patience and that is one of the most important thing that you need to make some profit with Bitcoin. And you can also learn from your mistakes and that is also very good, but yeah it is not good to make some mistakes of course. buying at low price means earning higher profits in future, and I don't think that is a mistake, that is good that you bought at lower price and that's true that if you have waited more then you would have made more money, but that's not in our hands as price will never be the same. |
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its good to long term invest but keep in mind no one knows what is gonna happen with the bitcoin itself.
Its just a matter of time before we get to know what is gonna happen with it, if you gonna long term invest you should also consider it to do it with a higher amount I think one bitcoin is too low.
And if one will go on with a bitcoin investment, learn not to hold too much when the price fluctuates even only a small range like $20-$50. Learn also to play with the market and take the ride whenever the train passes by. Yes we need to play with bitcoin and with market too to earn smart profits from it, holding so long is not recommended as if bitcoin dies in future then it will be a massive losss. |
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I would go for both, I would long term invest in the gold itself and invest in the bitcoin for a relative short term till the end of this year.
Most likely the bitcoin is gonna rise on a short term so that would be profitable and the gold is almost staggering every year with some profit at the end.
Yeah its smart to invest in both of them as we don't know which product can give us best returns in future so without taking any risk I think we should diversify our investments. But I think we don't have to take more time for earning money and getting profit from our investment and for that I will suggest for the investment in bitcoin not in gold as with bitcoin nowadays everyone can earn faster when they trade while with gold you have to wait for longer time as the fluctuation in price of gold is much slow. No doubt price fluctuation is high in bitcoin but risk is also high, where as gold is stable product so you can expect some good returns in future for sure, and that is the reason people prefer to invest in gold. |
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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.....  Nowadays Bitcoin get a top position than other currency it will be better for you if you can buy bitcoin on daily base Buying on daily basis is not possible, if you are earning a monthly salary then you should invest a part of your salary in bitcoin on monthly basis which can take care as your investment for future. |
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Try to hold your coins and wait the right moment to sell it with good profit, that's a good method to make money with bitcoin, as the price isn't stable till now, and also it's expected that it will rise soon
Yes I think that can help us in earning extra money, as if we hold for a while and sell at a right time then i think we can earn good money from it as it is expected that price will be higher at halving. |
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Fiat is still more popular and it will continue its popularity in future too as I don't see any threat from bitcoin towards it and people will use both as its difficult to choose only one.
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Holding the bitcoins in this period is better than investing it because i think the price will increase after the halving
Investing and holding both is the best thing to do at a moment, as if you can buy some coins now then you will see higher price at the time of halving so you can sell at that time. |
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Soooooon, very soon. Because I see more interest in btc then ever before. Halving is for 2 months, things are happening around us and it's all lead in one way, price increase!
My answer was in middle of 2016 and I'm sure that we will see 500 $ again, million dollar question is what we can expect after, to sell or te be brave and wait?
I think we will see that price at the time of halving as there is slow growth at a moment so we can expect that the price of bitcoin will cross $500 mark at the time of halving. |
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Well it turns out OP was right. If you do a zoom out in Bitcoinwisdom.com you will see that the bottom was around that range, and we have been far out of that price since then. It's safe to say we are not going to see anything near 350$ again.
Exactly, the bottom price for the near future will be around $350. After the halving, the bottom will be $400 or more. Yeah I don't think that bitcoin will go below $400 even after the halving as the price is rising slowly now so we can expect higher price even after the halving. |
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If we see mass adoption then there are chances that bitcoin can be stable or else it difficult to see that bicoin can get stable as market cap of bitcoin is too small at a moment.
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How safe is it?
It's 50% safe, 'cause there are 2 futures to bitcoin, it rises and its price increase to $10000 or more, or it could end. think about it by the time that we know if bitcoin will either fail or succeed, and also by that time 95% of the people have already sold the coins that they bought at current prices. only the top elite of traders have enough patience and dedication to hold their coins for at least 10 years. other people already struggle with holding their coins for more than a few months. that's a real difference. bitcoin millionaires will only get richer by that time Yeah if you can hold long then you can expect that you can be rich in future, buying and selling on regular intervals will not give you bigger profits. |
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Without a doubt, forcing someone to use bitcoin or putting them in a position where it can be seen as neutral or maybe even negative isn't always the best. I think people should willing want to use bitcoin and that includes women. Bitcoin is still relatively generally unknown to a majority of people, not many people are aware of things like this possibly exist.
Yeah majority of them are not aware of bicoins yet and it will be very difficult to convince them something about they really don't know. |
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I treat bitcoin as bank deposit and account in one service. I am holing some amount with hope that we will see some price rise or bubble in the near future.
And in the meantime I am using a fracture of my coins as payment method for my online shopping sprees.
but still you need bank for any purchase from any local seller, which is named as escrow at here, escrow is the same as banks in our country do for local business. For me is i use bitcoin for gambling,investing and for service from small works. It is surely easy to transact using bitcoin amd it is easy to get scam to it if u dont reasearch on what and when you put your money. yeah mainly I use it for gambling and for sending money online, as bitcoin allows me to gamble with very small value without any involvement of third party. |
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peoples on the web want to know how they can earn money. I saw so many peoples in social networks who are willing to get some good job and earn some income for them. I think teaching them about bitcoin is very easy. just tell them what bitcoin is and what is the value of bitcoin.
recently I refer one of my friend in this forum and guide him how he can earn some dollars every day by signature campaign. now he is a newbie but after one month he can join yobit campaign and then he will be thankful of me,
They are easy to teach about bitcoin because they are already in the internet to earn money. They will surely grab this opportunity to earn more. I think it is another story for people who are not in the net to earn. Especially those earning a lot in fiat. People who have access to internet will surely try to use bitcoins, but it is really difficult for those who don't have access to internet it will be time consuming to teach them. not time consuming but wasting of time, yes, when you will try to teach someone about bitcoin who do not have internet access , it means that he do not know well about internet and so you are wasting your time. But if you tell them that it is another currency invented for internet users , they will readily accept it, but will unable to understand that what are its features and how it work. It is futile to teach anybody something that they cannot use in real life. It is the same with people who do not access with internet. It is sad but it is true. While the world has vastly improve due to technology and internet, there are still communities which is not reached with internet. And these people cannot and will not use bitcoin. Exactly they will continue to use fiat currency in future too, as they don't know what is bitcoin and even if I try to explain then they will not show any sort of interest. |
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You can earn whatever amount you want with gambling, depending upon the level of risk you can afford to take, I gamble very less so even If I loose its no big deal for me.
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I love directbet.eu for sports betting, as betting is very easy with bitcoins, no deposit is required and returns are instant withing fraction of minutes.
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Guys WI have won the toss and elected to bowl first.
What do you think who will win?
Winning a toss is that means that WI will lift the WC 2016?
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