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Hi let me know if I am accepted.
Username : to1ga
Posts : 653
Position to apply : Senior Member
Btc address : 1G4AHtHmJpxbcLxMv5mz8yAuCxZnAygEK9
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For me its bit confusing to guess the future of bitcoins, no doubt its going good at a moment but will it continue the same pace in future too and that is a big question, so without thinking much about the future I am keeping myself engage in collecting as much as I can at a moment and take benefits from it till its alive.
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If bitcoin gets on the mainstream then paper money will loose its popularity and users too, as if bitcoin gets widely used and accepted then people will prefer to use bitcoin more in compare to paper money as it will give them freedom of going for shopping cashless and things will become more easier.
Storage, production and the material itself is very expensive for the production of paper money. And if the popular will cryptocurrency, then paper money will be bid farewell ,. Till paper money has support from the Government I don't think it will face any issue and we cannot expect that each and every person will start using bitcoins in future and bitcoin will always be treated as an secondary currency to paper money, and fiat will keep on enjoying its monopoly even in future. |
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I also think about those people sometimes that how would they feel right now when they see the price of bitcoin when they used multiple bitcoins for buying a pizza or they just left them idle in their wallets and never used them until now, they would have been rich by now if they have kept them safe.
A lot of the early users were careless about their coins. Some of them forgot to keep their private keys securely. Some of them lost their coins in scams and ponzi schemes. And there were a few who lost their coins in wallet robberies. I don't think that they would be careless about their coins as after all its a money and everyone will keep their money safe in their hands, if they have lost in ponzi schemes or gambling then that's a different thing but people who had great vision would surely have kept their coins safe and already would have get rich with it. I remember that there is a thread that asking for buying pizza to deliver in his house and offer 10,000 bitcoin i forgot the thread but the man who got 10,000 btc is lucky if he is holding it until now because the price is increased.. So keeping it safe is always good but if you don't have knowledge for securing your computer and wallet maybe it can be gone forgot or hack by thieves. If i am one of the old user before i keep collecting bitcoin and maybe i am mining bitcoins too.. and hold even 50k amount of bitcoin and holding until now.. but it is just a dream right now because i do not try bitcoin when i was heard it before.. If we would have been a part of bitcoin community since its inception then the scenario would be different at this stage and we would be holding thousands of bitcoins for sure as mining was not so difficult in the past and even the faucet sites were paying huge amount of bitcoins and we have missed that opportunity. We had missed the golden chance but who had predicted that bitcoin is going grow until this big, when i heard about bitcoin, it was still in debate on how digital currency can destroyed the world economic system, but now bitcoin has helped so many people, but i believed if we keep on holding to bitcoin there will be another chance for us to get rich It will depend on how much amount of bitcoins you are holding, as we cannot expect to get rich with 5 or 10 bitcoins and we are well aware that its not easy to earn bitcoins now as it was in the beginning stage where you can even earn good amount even from faucet sites. |
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there is still a lot of way and opportunities to make money from bitcoin, you can work freelance for bitcoin, trading bitcoin with alt coin can be very profitable if you are patience and know how to trade properly, there is no easy way to earn bitcoin, you need to work hard to earn your coin, after you got some coin you can used it to open a site or a shop that can make profit
Yes there are many things that you can do with bitcoins, if its an investment for you then better you hold them for a long term and if you are a risk taker then you can spend them in trading where you always have an opportunity to grow them in long term and at the same time allowing you to make good profits. |
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I don't think that I will continue to use bitcoins if its declared illegal by Government as it may put me in risk and if I got caught using it then they might think that I am involved into illegal activities and may start treating me as a criminal so in that case I will prefer to stop using bitcoins.
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it's less risky if you invest your btc in gambling sites it's more stable for your source of income. investing in cloud mining is too risky many cloud mining has offering that you can gain more btc but all of cloud mining is a scam. don't trust cloud mining it's all scam. try investing your btc in gambling sites and let me hear what's your feedback  Investing in trusted and reputed gambling sites is good in compare to investing in any cloud mining sites as majority of them would turn up to be scam in long run and there is no opportunity to make profits in long term and you will be surely receiving nothing from it but gambling sites can give you regular returns at regular intervals. |
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March 2017 looks good. It will be sooner than expected. We are now stablishing 700 as new floor. It's only 300 dollars away. Bitcoin can go up 300 dollars in a matter of hours, so it can be anytime now, but it will take a couple more months, for the segwit situation to solve itself. We will see how the blg blockers give up and admit defeat, and we will have segwit activated and this will translate in high price.
Yup that price is possible to achieve at any point of time now, but may be it will reach there somewhere in the mid of the next year as it won't be that easy to achieve that milestone by the end of the year and may be we will see the price of $800 by the end of this year but not anything above that. To be honest no one can predict exactly what will happen with bitcoins in coming period and what price it will be holding as its very hard to predict anything related to the price of bitcoins but the good news is that bitcoin is moving in a positive direction at a moment and only we can do is to hope for the best. |
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time will come that btc will grow in our economy. so maybe we can trade it for more higher value than today. just save it and invest your money you will never regret it. fiat system will be lose via fiat system that's what im seeing through my mind. and I hope when the btc value gets more higher im gonna go shopping and buy some gadgets that will help me to grow my btc more.  i think the more people who invest in btc the more btc value gets raised ? am I right ? but the economy should be balance so im not expecting that the value of btc gets more higher because if its happen many people will get rich easily those people has a 50 btc and if the btc value gets more higher. omyg they're instant rich people hahaha. but dont get me wrong i want to get rich too via btc that's why im hardworking because we all know that Bitcoins is the future of the economy . Bitcoins has a lot advantages than any other currency Yeah a great and bright future is waiting for bitcoins ahead and I am sure that bitcoin will go beyond our expectations in future and it will change the financial system for sure and thinking of all those factors I am try my best to accumulate as much coins as possible and save it for the future so that I can sell them when the right time comes. |
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I believe basically bitcoin was designed to have huge price levels in future so it was created conceptually as an investment in initial days or as long as it is mine-able. Satoshi must have add this investment feature into bitcoin ecosystem for the reason of gaining popularity over quick time. So, investing into bitcoin must be right choice as it is in investment mode right now.
Most of the users are putting their money in bitcoins only because they feel that it can be an best investment for the future as more investors and more companies will enter into the world of bitcoins in future which will certainly take its price to new heights in coming years and we will definitely witness the same in future. For me i believe that bitcoin will be more useful in the future since we are seen many investors came and more merchant and stores online are accepting bitcoin like steam.. and some advertising companies they are paying for their publisher for bitcoin. and other hosting and domain providers like namecheap.. they are accepting bitcoin right now and i think only amazon and ebay i do not seen that accepting bitcoin as payment, So if those store only will accept bitcoin expect that more investors will come and the price will be affect that can give us benefits for holding bitcoin and sell them if the price is high.. If ebay and amazon starts accepting bitcoins in future then it will have a great impact on the user base as those are the most trusted sites for online shopping and most of the users prefer to shop from those sites and once they see the option of paying via bitcoins then I am sure it will attract many more people to know about bitcoins. |
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Of course. Evidently, Bitcoin price is always unpredictable, but we can easily recognize that although the price is fluctuating, Bitcoin charts have shown that through many years, Bitcoin price always goes up. So if you decide to hold your bitcoin in a long period of time, you can earn some profit with it
Price will definitely rise in long term so I don't see any risk in holding them for a long period of time, and its good to keep them safe in wallet instead of investing it anywhere and welcoming the risk of loosing them as investing them anywhere is a big risk at a moment and certainly it will decrease the level of our coins. |
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Holdig your Bitcoin is best but instead, investing it in Altcoins for trading in short term basis is much better because you can gain more profits from Altcoins.
You can make good profits from altcoins only if you choose the right coin at the right time or else its an risky affair, as the life of altcoins is not too long and it can disappear at any time, and if you want to make good profits from it then you cannot afford to miss the pumps and dumps in order to make quick profits. Choosing the right altcoin is exactly where the main problem is focused at. Nowadays altcoins are being launched in a professional way with great white papers, top notch website, somewhat decent features. These coins mostly get seen by certain people as very interesting projects, while in fact it's nothing more than another scam coin. It's a gamble where you invest your money in. You either end up making great profits, or you'll walk out with a bag full of worthless coins. There are some altcoins that exists since long time, so if we invest in it then chances of making loss is very less but to make profits from it you need to wait for a long time and its really difficult to trust any newly launch coins as most of them turn out to be scam coins which may disappear suddenly. Even coins that have been in the market for years require you to have a good amount of luck. If you buy yourself into such an altcoin, then you are hoping for a pump that will bring you into the profits. Hoping that something will happen doesn't have any value. There is no way that you can get a certain indication of what the coin in question will do. It again comes to the point that it's basically a gamble. Risks are simply too high. Agreed, there is no guarantee that you will be making profits in trading altcoins as risk will always be a part and parcel in trading and even if certain coins are alive since long time doesn't mean that it will bring only profits for you and for me trading is same like gambling where everything is dependent on luck. |
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I guess we will see everything fall and bitcoin rise I dont think it will drop below 400 in the next 8 months. you are right bitcoin is really increasing its price too much higher and bitcoin adoption is going to increasing too much faster because people strongly believe in bitcoin. After 20 long years bitcoin can replace fiat. As long as there are believers bitcoin can go on the place that no one expected. Bitcoin will be the base of all fiat and crypto currency. I think it would not hurt to hope it happens. and maybe when that happens the price will be high, but is it possible you could hold your bitcoin for it, I think to sell all bitcoin you should take advantage of opportunities You can sell your bitcoin if you see your are in profit when doing it, however it's not advisable to sell everything as we know the price of bitcoin is still expected to rise in the near future, so we need to instill discipline if you are a long term investor and you have hold your bitcoins. If current price is giving you profits then you can sell some part of it and hold rest of them for the future, as it would not be a smart move to sell everything at this stage as bitcoin has not reached to its best price yet and may be in future we will witness it so its always good to save some coins for the future. |
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I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin. Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner. |
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Bitcoin is helping me in many ways as it has increased my income and I can use that money in buying some extra stuffs which was not possible in the past, no doubt I cannot use it directly for making purchases but that can be done by selling bitcoins and converting to fiat so yes its helping me in daily needs.
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I read some replies, mainly in the Mining section that said mining was a fun hobby for them and not a thing that they could continue doing as a business. In the Project Development section I found many projects that generated profit like your local businesses.
How serious is BTC to you? Could you look at it as a foundation of business/job or is it just an exciting hobby/experiment?
I consider bitcoin very seriously because I have invested in bitcoin for a while now and I should be interested what is happening with bitcoin and with the crypto world. Most of the time I check every day regularly the bitcoin price and some altcoins price and read the crypto news. For me it's freedom to use bitcoin and to make transaction with people all around the world with cheap fees. I think it is not the only reason.for me it is important because its business the price is not stable we are making good profit just to save bitcoin and hold it and wait for the right time to sell bitcoin and gain profit.. i invested in hardworking in my blog and earnings in signature campaign to have some capital in trading and earn profit for altcoin for a long time it helps me a lot because i can pay for my internet and electricity bill.. and if i need emergency it can help to if you really need it.. If you pay for your internet and electricity bill then I think that you sell bitcoin every month and that is not considered that you are holding bitcoins for a long time. It's true that I use too bitcoin as an investment and I prefer to not spend them until I really need money and don't have any other source to get money for emergencies. Holding them for a long term is the right thing to do as price will certainly go higher in future and it can give us better profits and if we are investing our money in it then we will surely expect to make profits from it as of now I am only selling bitcoins only if I need money badly. |
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it's a good way to growing our money, holding bitcoin is part of my life  but trade it with profit is better than holding bitcoin. holding bitcoin a long time is good to take profit but not maximal potential profit, is good trading is in day trading and compounding system long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit. if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment. Depends really on your plan as there are investors who prefer to do both, short term investment will give you active income and will minimize the risk as you need to be active and educate yourself on the recent events since bitcoin price movement is news driven. every one has their own choice but to me short term investment is more risky than long term investment, in short term investment if the price goes down you will certainly book lost as you cannot wait for the price to return to its previous position while in long term investment you can wait for a long time no problem the price is getting low or raising to some points. Yeah there is a people like that they are not have a patient to wait for the price increase instead of holding it for a long time they are selling it even they are lose.. that is why they are not making a good profit.. if you are investors you should wait for a long time and monitor the price incease until the price can be increase by 20 to 50 percent profit..before you can sell and earn profit.. Reality is that if price starts falling then people get panic very easily and start selling their coins as they lack patience, and if you are investing your money in bitcoins then you need to hold them for a very long time to make descent profits from it and if you are lacking patience then you are investing your money at the wrong place. |
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I see the opportunity to buy btc and hold it as being a good opportunity, if you are willing to save your coins for at least one year.
There are other investments such as altcoins and icos. It's rare to find a profitable one, but it's worth keeping an eye out.
yes i am also agree with you i think there is no need to invest money in any where else, you just need to hold bitcoin for some time as people are expecting that the price of bitcoin can reach to all time high price in next few months, therefore we should not lose the opportunity and should only hold bitcoin for the price increase. I don't think only holding bitcoins to make profits is the smart decision to take as anything is possible with the price of bitcoins in future but if we can manage to invest our money at different places then we can expect some profits either from any one of them and it will also reduce the level of risk. |
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Since the low in January 2015, the price of Bitcoin has been increasing at a very consistent rate of about 6% per month. As shown on the graph below, the price should hit $1000 in June 2017 (+/- 2 months or so) if it continues at this pace.  Maybe this could happen bitcoin price now is really good at the price of 700$ plus and every day price is changing decreasing and increasing the price and bitcoin has very big potential and it can be really make bitcoin into that 1000$ in the year of june 2017 for sure It is a great possibility that the price will hit $1k in next year as by that time we will see many investors and companies will start accepting bitcoins but its hard to imagine that it can achieve that price in this year, no doubt bitcoin is moving in a positive direction but it will take time achieve the milestone of $1k. It should be hit to 1k since we are already experience of price increase in few months ago and i think it can be still happen again and hit this price .. And i think before it will happen we will experience of some krisis that can affect the value this following year.. so before its happen i am ready to sell my bitocin before it is happen so that i can buy cheap bitcoin and wait for 1k value.. That would be the smart move to make, we cannot afford to miss the opportunity to sell them when price goes higher in order to make profits as its likely that price will fall after that as many people will prefer to sell their coins when price goes higher and buy them back when price drops after that. |
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As long as the prices keeps staying above 700$ this is good. The tendency is going up and we all would like to see 800$ at least by the end of the year. Some are going even further saying that the price should reach 1000$very soon.
We'll see what 2017 brings to us.
Year 2017 will be the promising year for bitcoins as bitcoin is growing more and more over a period of time and we have witnessed the same thing in this year as price rise to more then 100% in this year in compare to the last year and if the rally continues then we may see much better and higher price in next year. |
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