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The crypto currency not yet made any huge difference in the world,bitcoin is still in its early stage and it is only known to small amount of people maybe only 10% people of the wolrd heard about bitcoin.But in future it will make differences in our banking transactions,because bitcoin transaction is very east and cheap and you can transfer to anywhere in the world so maybe many banks will be shut down in future.
And crypto currency made job opportunities for many people like trading and mining from this they can earn decent income.
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I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
I think it is the perfect for you to cash out because price is really amazing so don't wait that bitcoin will dump. Our decision is always our driving force to do something so just be wise with your decision just like this scenario all you need to do is to cash out the half and keep the half so that there will be no regret soon. It is not the right time to sell your bitcoins because the price of bitcoin keeps increasing everyday you need to wait little long to have that extra earnings.I don't think bitcoin will dump now so it is better to hold your bitcoins.Don't sell any bitcoin because that small amount of bitcoin will be huge in few years. In my opinion bitcoin will reach upto $25K by the end of 2018 So no one sell your bitcoins now. |
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Before i prefer long term trading since holding bitcoin in long term will gave you huge returns especially if you bought bitcoin during it was cheap and this method is preferable to early holders but now since the price is this high and you are planning to buy bitcoins i suggest that you should hold it in short term since bitcoin price inflates very fast this time like what happened this week bitcoin fell around 5500 due to the cancellation of segwit2x but in just 1 week it recovered so holding it within a month is suitable.
and there is a lot of thing that can be in bitcoin if you are still on holding it , and yet this may good also in long term and can give you a great future specially on the cheap price that you can have this for are the best thing also we know that if you are holding it just like what you have for in a bank the percentage of it are 10x in bitcoin in holding it so better to do holding bitcoin. On day trade there is nothing wrong with that but always make sure the coin that you are trying to trade for are can make you profit also a good profit just like bitcoin. As you said holding the bitcoins will give good profits in the future but you can try trading with your bitcoins to earn extra earnings.So you just divide your bitcoins into two portions like 80% and 20%.Keep you 80% bitcoins in cold storage and try to do trading with your remaining bitcoins.Trading bitcoins is not difficult like altcoin trading the only simple rule in bitcoin trading is buy low and sell high. |
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Yeah,more chance for reaching $12000 before end of this month.Bitcoin reaching new high everyday so it is a good sign that bitcoin will reach huge amount in few years.Maybe bitcoin will hit $100K in the year 2015.So hold your bitcoins don't sell or spend it or you will worry in the future.
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Hi BCT fellows,
I wanna put $2000 each in 15 altcoins, those with good potential in the long run.
Would you please share what is your 'best altcoin'?
What makes you think this has more potential than others?
Thank you for you time.
- V
I think investing on 15 coins looks you are asking for more risk,it is better to invest on three or four better crypto currency.And all altcoin are not suitable for long term investment so you can invest like that 50% of your investment into bitcoin and the remaining 50% into litecoin,DASH,ETH and bitcoin cash.These four altcoins have good potential next to the bitcoin so it is wise to choose these coins. |
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You can start trading with small investment too but your profits will be based on how much is your investment and which coins you are trading,the altcoin trading will give more profits then bitcoin trading but you will lose if you pick the wrong coin.So I am suggesting that start trading of bitcoin with amount you are having if your investment is low its okay just try to do small trades then it will gives you small profit and try to do many trades as you can with small profits.
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It went very quickly to 9000. Should we expect a correction and than up to 10.000?
Bitcoin reached its all time high of $9043 just a few moments ago,yeah the price rise vary fast from $8000 to $9000 so we can expect more than $ 10K at the end of 2017.I hope the price will rise upto $12K because we still have one month left on 2017.So hold your bitcoins tightly.  |
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Does the government fight bitcoins or does it prohibit bitcoins from operating in the territory? In my opinion, bitcoin does not affect the government, it is only difficult to control with bitcoin income, bitcoin to help the economy of the country stronger. Bitcoins are very difficult to control in terms of income and taxes are up there in so many countries banned bitcoins  The biggest advantage and disadvantage of bitcoin is anonymity,so their country people can easily use bitcoin for illegal activities so some countries decided that they don't want such type of currency for them so they banned it.But bitcoin will help in increase the economy level of their country people so some countries legalized bitcoins.Maybe governments have to make rules for using bitcoin in their country so it will allows the country's people to use bitcoin with some restrictions.And also stops from totally banning the bitcoin. |
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Ethereum is now at $469 and rising. together with Ethereum classic, they are the top gainers in the last few days. Is Ethereum the future? majority say that it is not scalable. how true is this
Yeah ethereum has great future and price will increase a lot in the year 2018 so this this maybe the start of ethereum era.For the last few weeks ethereum price keeps increasing at the slow rate so it is a good indication that it has good potential.So it is time for investing on ethereum so buy more ethereum as you can. |
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Step 1 Register to this link = https://minergate.com/a/36aeefa12ad385d84ab5fb2eMinerGate has its own built-in wallet in order to allow users to start mining. Step 2 Next you need to download the Mingergate software and install it, the website will detect your operating system and present you with the correct version. Install and run MinerGate. Link = https://minergate.com/downloads/guiStep 3: After you open and install the setup, you’ll be presented with the option to start smart mining. MinerGate automatically detects your equipment and chooses the most profitable cryptocurrency to mine according to your hardware, market price and difficulty. Step 4: Click “Start Mining” and choose the number of cores you want to use. If you choose to use fewer cores you use on your GPU/CPU, you’ll have a slower hashrate, but your hardware will be under less stress. MinerGate will now create a DAG file before it can start mining, wait for it to complete this process, once the DAG file is created, you will automatically start mining!. And that’s it! You are officially mining Monero! As you said these are the instructions to start monero mining but hardware needed to get best profit is that important.GPU mining best to mine monero.The equipments needed to buld monero mining rig are grahichs card is most important so select a GPU with good hash rates I think AMD Radeon GPU is best for a beginner so buy six GPUs and mother board,processor,RAM,hard drive of small memory space and the cables needed to conenct all the dvice with the power source.Then build your own mining rig by using these. you can get more information about hardware requirements and how to setup mining rig : http://cryptosource.org/mining/hardware-requirements/ |
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There is a lot of good effect of robots replacing human jobs, there will be an increase in production since robots are faster than human there is also a longer time because robots don't need sleep and rest.
As you said if robots were replaced the human jobs the production will increase and the result of the product will be better but it will cause the unemployment and affect all countries people.But now many companies introduced robots for their production like automobile industry but still man is needed to operate the robots.If fully automated robots introduce in all works then all humans will have to stay at their home and no work then it will be the end of humans. |
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Do you think using bitcoin is better than using actual money?
As of now using bitcoin as a mode of payment is not better because if your are paying through bitcoin you need to pay extra amount in terms of transaction fee.But no transaction fee for fiat currency but bitcoin is better for the international transactions the fiat transacting fee over international is high but same fee everywhere in bitcoin transactions. And spending bitcoin is not good too because the price of bitcoin is increasing everyday so if you can hold your bitcoins now then you will have more value for that same bitcoin in the near future. |
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If you have some interesting amount of money invested in crypto I suggest you an hardware wallet like Trezor or Ledger.
I don't feel safe with online wallets...
Yeah,online wallets are not safe for long term holdings and for bulk amount savings because online wallets are someone can hack your accounts and steal all your money.So better go with hardware wallets if your are having more than one bitcoin in your wallet it has some advantages too hardware wallets are more safe when we make frequent transactions too.Nano S wallet is one of the best harware wallet it store your private key completely offline so chances of getting your wallet hacked are as close to zero. |
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I think comparing to Bitcoin, ETH isn't still that high. It's just a start of Etherum, the next goal of ETH will be 1k$ soon in the 2018.
they really need to put all their backs into pumping ethereum if they want to reach $1000 or they have to do something serious about the circulating supply which is 96,000,000 ETH compared to 16,000,000 of bitcoin!!! besides when you pump an altcoin, it is like sending an invitation to everyone holding any tokens to start dumping them. including all these ICO owners who raised millions of funds in the past months who will be waiting for an opportunity to dump their free money and get out. But the total price is still much lower than bitcoin so I don't think this will be problem to manage this case. Ethereum can be $1k easily. This doesn't mean bitcoin price will stay constant, it will rise too. They will go together. So it's very possible for ethereum. Ethereum is a very good potential coin than $ 1000 so current price is not all time high for the ethereum is still long way to go.Ethereum price will reach upto $1500 by the end of 2018 but the price will keep increasing after 2018 also so keep holding your ethereum if you want huge return. |
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I hope ethereum will rise upto $500 at the end of this year because we can see the steady price increase in the ethereum for the last ten days,so this maybe the start of the etereum era.I hope next year will be a good year for the ethereum the price will increase a lot.Ethereum is the best crypto currency after the bitcoin so the potential of ETH is more than $1000.
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Hi , new to the world of cryptocurrency and would like to know does it make sense to spend time doing or promoting the different bounty programs. do you coins that actually issue bounty programs have potential or is it just a marketing gimmick .
Some of the ICO tokens have good value when we trade it but not all the tokens so make sure about the project before participating or promoting.Now I am currently promoting for zigger tokens(ZGR),I hope this project will be successful.The success of the ICO is strongly depend on the development team and the advertising about the project.So you also responsible for the success of that project bro.If you work hard it will pay you with good reward. |
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After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  No doubt just buy bitcoins for that $ 200 maybe in five years your investment will grow upto 100 times.But anything can happen in bitcoin so invest your extra savings into bitcoin.But currently bitcoin price keeps increasing everyday so investing on bitcoin will give good profit for you. |
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There are continuing rumors about another bitcoin hardfork on December. If this happen, will bitcoin go for another all-high time or may suffer another big crash this time.
Nowadays back to back forks coming it may be affect the price of bitcoin due to its free coin.But I think bitcoin silver fork is not true if that happens again there will be the problem for bitcoin maybe it will increase the transaction fee.But I don't invest on any of the coins coming out from the forks because it will be worthless soon like happened to the bitcoin gold. |
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Bitcoin will be king always because bitcoin is recognized by many people so in future many investments will be made on bitcoins so the price of bitcoin will hit moon soon.I think ETH also have good potential in future the value of ethereum will bump so it is better to invest on both of the coins so then our investments will have less risk.
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I am looking at Wallet options for my mining project in 2018.
Reviewed the likes of doing it myself with the likes of Xapo, Electrum etc; but interested in Forum members opinions of Coinbase for Wallet/Exchange capability.
Anyone had any experience of using their services? Good, bad or indifferent?
Coinbase is one of the best online wallets for bitcoins but it is not suitable to store huge amount of bitcoins.Coinbase wallet is suitable for the persons who is making bitcoin transactions often.But I am using coinbase for long time no issues with it but I don't know coinbase for mining project.In electrum wallet you have the private key so you have full access to your account.And electrum is the best wallet if you want to send multiple transactions because it will consume less transaction fee. |
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