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281
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Other / Off-topic / Re: Why would customers use Bitcoins?
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on: September 10, 2016, 05:28:51 PM
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At this point we need more shops that accept bitcoin directly, Consumers don't like a hassle and using third parties to buy goods is not convenient. If this happen consumers will use it to buy for their stuff. Because bitcoin may seem complicated in fact it is not and apart from the fees it is the best possible way to pay for your goods.
yes but people who are not aware about bitcoins will surely find it complicated at initial stage but over a period of time they will come to know that it is very easy to use and best payment method. |
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282
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Other / Off-topic / Re: What are you doing with Bitcoin?
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on: September 10, 2016, 05:20:59 PM
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I get the money in bitcoin and the results are quite to meet daily needs. I am using my bitcoin for trade and investment could therefore add my bitcoin so it could be more. I also never use my bitcoin to buy things indirectly. Usually I exchanged it into the currency in advance so that I can use.
I think you should not spend them at a moment, as price is not too high, so instead of spending them its better to save them or try to multiply them with the help of trading. This is one of the highest value points that we've seen in months, and I'm actually super excited about the value right now because it effectively went up $20 over 2-ish days. The price might not be super high yet, but it definitely isn't anything small and it is a good recovery from the bitfinex hack. I hope the value sticks around at this point for a while, because it's pretty cool to see the value at a decent point now. Yeah even after the bitfinex hack the price has recovered very nicely and its around $625 level so we can expect that we may see price going above $650 in next couple of days. |
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283
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: September 10, 2016, 05:19:04 PM
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collect btc as lot as possible and learn how to trading then big profit will follow me
That is not easy just to keep on collecting bitcoins. You must be specific and precise on how you are going to do that. And if you are going to do that with trading only I think you need to have big capital in able to become rich with bitcoin. But if you are going to be successful with it then possibly that you are going to become rich with it. It is as easy as it sounds. You're part of a signature campaign yourself, aren't you earning easy money from it? With a high rank account, you can get one Bitcoin per half an year. There is no easy money in signature campaign because we all work hard to make money, it is easy when you are not making an effort for the money. I think the easy way to make money is just to get the giveaways in this forum but would not make you rich anyway, we need to have a serious plan to be rich like investing. Yeah investing money in different areas can make us rich in future and you cannot expect to get rich only with signature campaign as payouts are too low. That's true and even the future of signature campaign is unpredictable, as we don't know when it can disappear, so its better to find different ways of earning bitcoins and not depending on single source. Yes, to be rich you should not rely on a single source of income. And we have tried many ways because it will make us get many bitcoin easily and can become rich. If we have the expertise it will be easier for us to gain an advantage. Getting rich with bitcoin is possible if you hold expertise in trading, and you don't need huge capital to invest, you can start with 1 btc which is really good amount if you invest in potential altcoins. Yes if we have expertise in the trade that would make a huge advantage. But we must have the skills to be able to get an advantage. Invest 1 BTC to new people I think is very large, it is better if it is new to invest a small amount in advance. If you are new to trading world then its better to start with small capital and try to gain the knowledge of trades and once you have enough experience then you can go with higher amount. Yes true to who they are new to trading and want to try better with a small capital in advance due to benefit in trade requires understanding and learning to better lay out a small capital. If you already know and understand the trade could have used a larger capital. That is the best strategy to follow, start with small capital and increase your capital step by step as per the knowledge and experience that you are gaining, which will minimize your risk level. |
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284
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Economy / Speculation / Re: If bitcoin rose to $1M, what you do?
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on: September 10, 2016, 05:16:49 PM
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That was so wonderful to think of. With that huge amount even a single bitcoin would really gives you a very comfortable life. Since I do not have any bitcoin as for now, I will just continue to earn them and wisely spend it. Earn then invest then earn. I will just earn as long as I can.
Well without thinking of what price it will hold in future we should keep ourselves busy in collecting as much as we can and sell them when price reaches to your target price to earn profits. exactly, instead of day dreaming about big prices to become a millionaire by holding 0.0001 BTC we should start earning more and learning some real world skills to earn more money and invest some in bitcoin so that we can enjoy the profit more even if the rise was smaller. Yes we should keep on trying to earn as much as we can from different sources and once you have enough coins you can start investing them in different altcoins to grow your coins. |
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285
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Economy / Economics / Re: How too get rich
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on: September 07, 2016, 12:07:37 PM
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Dream big and work hard to make those dreams come true. Every one of us have different motivations that make us pursue what we want. If we are determined enough, we would have a solid plan and strategy that will work towards achieving our goals. It may take time to become rich and successful, but the journey towards it, along with failures, surely make it all worthwhile.
Very well said, that is the main requirement to be successful in life, you need to work hard and do not easily give up as trials will come along the way to test your how strong you are and your faith in God. Always put in mind that if others can become rich so do you and that fact alone will give you a clear thinking that everything is possible. You both are very well said, i believe every field need hard working and struggle than you would achieve your aim in your life. So far as Bitcoin,it is a part of life, but not life. If we use it in different ways than we can make our life easy, but not become rich with bitcoin, because it need more assets than use in bitcoin. That's true its not possible to get rich only with bitcoins as to get rich from it you will also need higher number of coins and that seems to be difficult at a moment. |
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286
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Economy / Economics / Re: Why do you buy Bitcoins?
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on: September 07, 2016, 12:05:14 PM
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I'm buying bitcoins because it can be profitable and if its raises you can make a lot of money with it.
It stays a investment but its still getting bigger and bigger everyday and that is also why I stay investing in it these days.
Yeah bitcoin can be the best investment for the future and it has an potential to give us some best returns and hoping for that I am buying as much as possible. agree, bitcoin is the best investment now and the future, but its many risk in bitcoin Every investment has risks so that doesn't mean that we will stop investing money in it, and if bitcoin performs to its potential in future then it can make us rich for sure. |
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287
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Economy / Economics / Re: Bitcoin or gold?
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on: September 07, 2016, 12:03:35 PM
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I choose gold for a long term period of investment because i know that the value of gold will never falling back while i choose bitcoin for short term investment and to make trading but both have advantages.
Price of gold may also fall in future but gold is safer in compare to bitcoins, as even if price goes down we are sure that gold will never disappear in future, so I will prefer to invest more in gold and very less in bitcoins. |
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288
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Other / Off-topic / Re: What's your least favorite thing about Bitcoin?
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on: September 07, 2016, 12:01:27 PM
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I really do not like the fact that I can not use it everywhere I want to spend money. It is very convent for me to access my bitcoin accounts and get my money, but because everyone does not accept the currency, it complicates things.
this is not a big problem any more. bitcoin is not accepted in a lot of places but bitcoin is convertible currency. you can get any currency of the world in return of bitcoin. and spend it anywhere.. and nowadays there is a lot of bitcoin related debit/credit cards working here. you can get a card and spend your bitcoin at any places.. Yes I could attest to that. Before I was like, bitcoin is not really for the people because of I think it was for the people with high intellects. After some convincing of my friend then I got hooked with it. Because of the reason that it can be converted in to cash. I can pay my bills online and there is no reason to have a zero balance on my cellphone. I just wish that there would be an available credit or debit card here in our country. The perks of having known bitcoins is the same like mine. I was negative about it since I cannot understand how will that work. It is just a code and how could you make money from that. How will you pay your things since you do not have money, it is just like not real. And now I enjoyed paying stuffs online without any hassle. Yes having bitcoins in wallet is a real fun and I don't see any bad thing about bitcoins as it is helping me in earning some extra money and if there is something bad about bitcoins then I really don't care about it. |
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289
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Bitcoin / Bitcoin Discussion / Re: Did anyone buy during $1200?
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on: September 07, 2016, 11:59:36 AM
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I dont think there are allot of peopel who has bought bitcoins at that moment off course there where a couple of them stupid people but what if the price rises to 100000 each that would be very great,.
Why are you calling them stupid? I dont think it is a foolish to buy something promising like bitcoin anytime.It might be a bad decision but not the foolish one Exactly, and no one knows what is the right time to buy, as if we buy at $600 hoping that price will rise but suddenly may be it can fall to $400 tomorrow, so that doesn't mean that we are stupid. calling people stupid when buying at the current price is just not right,what if the one who buy at the current rate need bitcoin to buy something important then?even if you buy bitcoin when the price just $200 it still have the chance to be falling even less Yeah and no one can control the price of bitcoin and no can predict it too, people invest their money in bitcoin by looking at its potential and sometimes decision may go wrong and its not a big deal. |
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290
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Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins?
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on: September 07, 2016, 11:57:14 AM
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Ah don't get nervous cause of nothing, people usually hate something they don't understand, or if they are afraid from it. Either way if someone is not open minded don't bother about that person, time will explain everything to them, and one day they will realize how wrong they were.
I didn't meet person that hate bitcoins, except couple altcoin lovers that constantly talk how btc will disappear, and how will some other alt coin take bitcoin place, usually their alt coin, but I don't give a penny for their talks.
Lol, it's absolutely right that some altcoin lovers or developers maybe are always talking about bitcoin for bad or cursing it while they know nothing would happen to it and if something happens to it their coin would also not survive. you are right, though it is fruitless as it is impossible for people to actually make others not use bitcoins just by spreading false information The number of the people spreading false information is very few and the majority of users will not listen to that as we believe how valuable our bitcoin is, false information is baseless and only fools will believe on that and if they believe they will loss the opportunity to earn in bitcoin. We will find two types of people, one who will listen to others and start following them without researching on their own and others are who believes in their gut feeling and will not entertain what others are spreading news about bitcoins. |
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291
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Other / Off-topic / Re: 2016, The Year of Bitcoin?
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on: September 07, 2016, 11:54:36 AM
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2016 is till now a good year for bitcoin overall, Increased media coverage, wider acceptance and better understanding of bitcoins rather than the pure negative opinion of before, 2017 looks promising with increased adoption and projects that are still pending release.
do'nt forget the price of bitcoin is very stable at highest rate. in 2015 the price stable under $400 and now stable at $600above it's something special to me  hope next year the price more stable. we all hope so, i hope bitcoin prices may continue to rise and the price stabilized at $ 1000 i agree with you that bitcoin price will increase more and more this year and i am sure that bitcoin price will be reach to 1000$ and i hope it can be possible at the end of 2016 because there is a lot of people are thinking about to buy bitcoin in huge amount and then hold it for near future. I don't think that we will see the price of $1k in this year, we need to wait longer to touch that price and I would be really satisfied even if it touches to $800 at the end of the year. |
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292
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is a good way to store money?
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on: September 07, 2016, 11:53:07 AM
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Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?
Yes,i fully support with your threads.As a crypocurrency broker, it's my opinoin that bitcoin store is a big opportunaty for us or investment another also.All are kinds of parts related with bitcoin.Another good news for us,next year 2017 will be bitcoin year.Hope,something good opportunity wait for us. Every year is a year of bitcoin and its good to see that price of bitcoin has started to rise and we can expect the same in future too so its good to invest money in bitcoin to get best returns in future. |
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293
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Other / Off-topic / Re: When was the first time you bought bitcoin?
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on: September 07, 2016, 11:51:38 AM
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When was the first time you bought bitcoin?(Or mined)
I never bought it actually i started to earn the bitcoins, because in the start i never trust to anyone but later on when i know about the bitcoin in deeply than i bought it but only when bitcoin price down, it is a right time to buy the bitcoins. We can never judge what is the lowest and best price to buy bitcoins as it may go even lower after you buy bitcoins, but if you are satisfied with the price then without thinking much you should buy them. |
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294
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Other / Off-topic / Re: If i give you 10 BTC what will you do?
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on: September 07, 2016, 11:49:16 AM
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I'd store it till the price goes up you are right, it good idea that hold bitcoin and wait until for high price there is a maximum people are holding bitcoin and save it for the future because they surely know that bitcoin will be more rise its price too much faster in the near future and holding of bitcoin will be very profitable for everyone . Holding all 10 btc for future is not as smart move to make as you should also give a try to grow them, as if you invest 5 btc in trading then you can expect really great returns from it. |
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295
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Economy / Economics / Re: I'm not gonna sell any coin.
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on: September 06, 2016, 10:59:59 AM
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bitcoin is always rises up in price weher its a small jump or a big one, but me myself consider its a lil bit better to split my investment on alts cos its usually has a better increase, but for a long investment, bitcoin is still better
Bitcoin is the king of crypto and it will never disappear easily but same feeling doesn't go with altcoin as their future is unpredictable and its also risky to invest money in them. |
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296
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Economy / Economics / Re: Invest your bitcoins.
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on: September 06, 2016, 10:58:12 AM
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I try to invest on dicebitco.in and I made some profit before it eventually end. From that incident, I try to not invest on gambling site again eventhough I made some profit. About trading, I'm still at loss 0.1 so investing on altcoin has their own risk
Cloud mining and gambling sites will not give you regular profits as there is a full chance that they will run away in future, so if you want to invest your bitcoins then trading is the best choice. |
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297
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Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this??
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on: September 06, 2016, 10:56:22 AM
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if you have 12 bitcoin
you much alternative choose investment
you can trading bitcoin pair fiat money, trading altcoin
self mining real mining altcoin and bitcoin, buy ico coin and more
Mining isn't an option anymore for the majority of the people as it requires you to have some sort of a farm in order to gain profit. Or you have to find an altcoin with very low difficulty that you can mine for quite a while, and that later the price gets pumped to insane levels. Mining is not a great option at a moment, I would prefer to invest all 12 btc in different altcoins so even if one coin doesn't work for me I can expect some profits from others. |
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298
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Other / Beginners & Help / Re: Doubling Bitcoin?
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on: September 06, 2016, 10:54:32 AM
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There is nothing like doubling if you want to double your coins the you need to work hard on it and make efforts so that you can double it in long run.
Actually there is an easy way to doubling your bitcoins but it's very risky because you can also easily lose all your bitcoins by this method. It called gambling, high risk high return. Don't you think trading would be better than that for doubling the amount in some time sure more than gambling but atleast less riskier than it. Exactly, trading is always better in compare to gambling and cloud mining, no doubt there is a risk in trading too but its lesser then gambling and with good knowledge and strategy you can minimize the level of risk. |
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299
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Other / Off-topic / Re: Bitcointalk is a good way to get information about Bitcoins?
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on: September 06, 2016, 10:52:30 AM
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'Course it's not the only way you can get information about BTC, but it's very dynamic and interactive system/place. There's a lot of websites like Coindesk, CCN, Cointelegraph, Reddit, etc, but they are "mainstream". If you search deep you'll find lotta blogs and so on...
Most of the users are spending time on this forum to collect updated information related to bitcoins and this is the only place from where you can earn descent amount of bitcoins. |
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300
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: September 06, 2016, 10:50:36 AM
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I am gonna start trading soon, i met one guy who know a lot of different ways of trading and other stuff linked with trading so i want to get some experience.
better to start trading now, with low capital, i think 0.01 it's enough for get more experience. you can start trading at poloniex or bittrex both of them is good market with high volume. Well that is going to be a good amount and start to your trading career. And that is going to be a good way to become rich with bitcoin. And every time you are going to earn with trading you can just try to invest it again and keep on rolling over it so that in your next trades you are going to earn more than you have earned before. yeah all started from the beginning, you can start trading with its start from zero. but if small your capital is small probably will need a very long time until you get a big profit? I think starting from scratch does not mean using small capital Starting a decent amount of capital is needed because that will give you an excitement in trading and for sure you will seriously manage your money in trading, however you need to consider that the decent amount we are talking here is the amount that you can afford to lose. Indeed the capital is something the main thing in our trading and also to give rise to profit. But the capital is not having a good effect when we don't have a strategy, knowledge or science of trading. So, the main thing we must have is a strategy and a knowledge or science. If it we can indulge then the capital that we have will definitely increased and it gives us an advantage If you hold huge capital to invest but without knowledge it is useless, as you will definitely loose your money if you invest in trading, knowledge and skills are mandatory in trading. A huge amount should always be devided into several investments in very different forms. Gold, crypto, stocks, dollar, houses and so on. To play safe you need to diversify your investments to reduce the level of risk in future, so even if your one investment fail you can expect to recover your losses from the other one. |
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