My personal opinion about this question about some countries not yet accepting Bitcoin or not yet recognizing Bitcoin is that since what I know is in economic view a governments lifeblood came from taxes and implementing taxes in wages and other goods gives a government funds that they can use for infrastructure or other expenditure. But since Bitcoin as of this time can be mandated or controlled by a government yet means they cant collect any taxes. For me I think that would be one of the main reason for the other countries to not accept Bitcoins.
yes every country has their rules regulations for legalizations of a currency and that country is bound to obey all these rules, so it will take time but I am hope full that bit coin will easily be legalized on our place after thoroughly studying all the aspects of the bit coin as government currency. |
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Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
No it's never too late, since the birth of every single bitcoin is not that fast right now and with the emerging popularity of bitcoin and it's increasing demand. Taking bitcoin as a long term investment right now is a good choice. Just look at it, your post was on July and right now (September) the price just jumps  . I hope you followed the advice of the members here. For sure you had a big profit right now. Congrats.  Yes you are right all the people in the world have now realized the importance and advantages of bitcoin, that how bitcoin can change our lives while investing in it. I think there is the time to buy bitcoin in this day, because the developers and bitcoin miners predicts that the price of one bitcoin will reach up to 10000 US dollars till the end of 2017 or early in 2018. So I think if you the money and want to buy bitcoin you have still the time. |
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What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Yes it is surely possible sir. Many bitcoin users are holding it for their future knowing the fact that BItcoin continuously increasing. Bitcoin became popular because we are now in the digital age and we often depend ourselves in the internet; which is one of the characteristic of a cryptocurrency. It is crystal clear to all those who are into technology and gadgets that bitcoins have a very bright future and in the near future, a lot many more people are going to invest into bitcoins. Bitcoins have already made many people popular because of drastic changes in their financial statuses. |
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Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?
You shouldn't stick your knowledge in earning bitcoin through gambling but you must expand your knowledge. Trading is better than gambling but you must have enough knowledge before starting to trade because once that you dont have knowledge about it you can lose a lot. Earning through trading is more decent than earning through gambling. To be very honest, even if a person learns some sort of handy tricks or strategies, the point is those won't work in every bet. At the end, it is again about luck only. So it would be much beneficial if a person utilizes his time in learning something where fate can be created like trading. |
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yeah bitcoin really very good investment for now because bitcoin price is very stable and good to buy and there is a huge number of people are going to increase its price too much faster in the near future and i hope we will be get a good profit from bitcoin .
Ok let me complete the Sentence. Bitcoin is a good investment now, because ... Bitcoin is the emerging digital currency which will be adopted by masses in the future. and currently very few people world wide know about this currency. It is a good investment now, because it is very effective and efficient for all the people who are using it now. It is a digital currency that is continuing to grow and improve it's system and services. And also I can say that we don't know what bitcoin will offer for us in the future so might well save now onto it and be prepared. Without any exaggerations I can say that bit coin is made for investment as it brings revolution in your life and up left your living standard by your desirable profits in your long term or short term investment in bit coin.Based on the past of bit coin it is very good investment for present as well as for future investment. |
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It is yet to be announced that bitcoins would be used worldwide as in many parts of the world ,bitcoin introduction is too much necessary then we can apply it.We need media to join hands with us for the promotion of bitcoins.
There wouldn't be any broad announcement any more than there was for the dollar. Nobody controls the international currency market, so there's no authority to deem anything an international currency. It just kind of happens. Whatever currency is the most sought after worldwide is an international currency because its sought out worldwide. Nobody announces it to be so first. Actually it depends on how we judge it because there is no proper of fixed definition of international currency, bitcoin is not regulated by the government so we can call it anything we want to, but for me it is already an international currency. That was kind of my point. If you're waiting for an "announcement" that bitcoin is an international currency, it's never going to come, because there is no authority that makes such proclamations. A currency is just an international currency or it is not, and the means of determination is consensus (wide-scale use). However, to me, bitcoin is not nearly ubiquitous enough to be an international currency. Yes, now that you have mentioned it, I am actually chuckling. Who is gonna pass such law legalizing bitcoins in whole world and making it international currency ? If this ever happens, I can see the oneness of all countries in the sense of money at least. I am just sure about one thing; it will be used by all countries one day. Indeed! All countries are going to realize the real powers of bitcoins soon and are going to make them legal in their states. No one has authority as such to make bitcoins legal around the globe but for international trading, people are going to use them which will eventually make bitcoins legal worldwide. Bitcoins are already being sued for international trading and I believe soon the governments who are still reluctant to legalize bitcoins will take this action by following the footsteps of the developed countries. Bitcoins are going to touch 5k dollars and I believe this will help a lot in the legalization of bitcoins. |
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With no edge it is double edge sword. You will gonna to damage your self..
Trading in my opinion is double edged sword when you are involving expensive coins such as bitcoins. I never suggest trading with bitcoins. Trading is meant for altcoins; even if you go in loss with altcoins it is quite recoverable. But on the whole, we all know that trading is not for everyone and only few people are able to make profits in trading. I utterly support your opinion about trading especially with bitcoins. Indeed trading mostly puts you in loss if you are doing with expensive coins such bitcoins, you can’t take risk of losing these coins. Altcoins are best to be involved in trading since they are not much expensive and one can bear losing them. |
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They say you should be able to trade like a robot to be successful.
So no emotions, follow the strategy, be consistent.
You have told the bottom line in order to become successful in the world of trading. The only secret which can help you out in making more profit is none other than patience and control on your own emotions. If can manage to do so, you will be able to make correct decisions in the light of knowledge you have. I will second you without having a second thought. I think that the secret of getting a good amount of profit from the trading is nothing else but having a good knowledge and control on your own nerves. If you can manage to do both, then I must say that you are far better than many of the traders sitting in the market. |
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Many people need big proof to satisfy that this site is legit ..whats the best way to convince your relatives or friends
Not all people are interested in bitcoin. So, you can't just go randomly convincing anyone into bitcoin. If someone asks me about bitcoin and he or she finds it interesting, I would willingly share all my knowledge about it. It would be a waste to spend time talking to someone who's not even interested. That is true. Many people are still unaware of bitcoins and above all, you need an atmosphere of financial discussions where you can introduce bitcoins and expect the audience to at least listen all the words attentively. Best is to start with benefits and then reveal all the other dimensions. |
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Bitcoin is here to stay, bitcoin is the future. Sometimes I think investors dont believe in bitcoin. You just have to read posts on this forums when the market is bearish. After sooo many crashes bitcoin has had, why do we start crying foul as soon as there is a mini crash. Bitcoin will be successful with or without china.
Bitcoin is unstoppable. It has been through such suffering in the past also but stood up straight like a mountain. Nothing can beat this currency down rather those who go against this asset, face financial crisis in the future for sure. Bitcoin is going to touch 5k dollars very soon. |
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I hope the haters understand that they had a chance to buy during the crash. My guess is they will be upset that a few of us bought up their panic sells and will make insane profits when the dust settles.
If you want to be profitable there are lots of stratigies. IMO, the best one for bitcoin is to run counter-market. That means buying when the charts are all red and selling when they are all green.
The good news is, the haters will no longer try their luck trying to time the market, because chances are you will lose compared to simply buying and holding, and taking advantage of every dip for accumulation, that's what smart people that will be rich as fuck in 10 years are doing now. Im glad to see all these millennial are starting to understand the importance of BTC and are following this strategy. Haters that got burned on a short will guaranteed no longer try to short bitcoin ever again. Those people who have bought bitcoins during the dip are definitely going to be rich sooner or later. Lucky people indeed and those who sold out their bitcoins during dip can be pity only. I don't know what will be the next move of haters but I am sure smart people are now going to hold on. |
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In my personal experience, I first heard of it 1 year ago in a online forum game, people sold gold for Bitcoins, around March, gave it no importance at first. Now im kinda utterly commited to it. Really an interest subject of study.
In my experience, I first heard what bitcoin is last 2016, my friend told me that we are able to earn money through internet as a bitcoin user. He said if I have stable internet its my time to earn money more because are able to earn btc using their gadgets and internet. When I heard what bitcoin is I got interested soI am here. You need not to regret on it. You can still make a lot of earnings and profit from it. I came to know about it somewhat two years ago from one of my friend. He was already investing in it at that time and he persuaded me to invest in at as well. I was not convinced in the start but then I have seen a lot of people talking about it, which gave me more motivation. |
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Trust me. The price of bitcoin is down for now cause some chinese's Mafia want to control the market. The basic trading rules, buy at bottom and sell at top. Chineses are doing it very well with co-op from Jamie Dimon.
This is the one reason behind this much decrease in the market price of Bitcoin. I think this is quite a normal thing and it will not affect the trading of Bitcoin that much. But it certainly does not mean that you should not buy more Bitcoins. You need to take it as golden opportunity and cash it as much as you can. |
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The fact is, Yes, they invest and it is also true that btc makes billionaire.
I will totally agree to what you have said. Indeed this is the fact and I believe no one will deny it. I think almost all the billionaires know this fact that Bitcoin will make them earn a lot more money than any other business. They have already invested their money into it are looking to invest more money in order to earn more. |
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The price of bitcoin will not go down further than 2800-2700 USD. Now is almost at its bottom, it is going to decrease a little the next month and then will start to increase a little. This is the bitcoin evolution for the next two years (increasing little by little). I would be happy for the price of bitcoin to decrease down to 1900 USD but it is very improbable.
I have same opinion in this regard. The lowest value that bitcoins will touch is going to be 2500 dollars at most. However, I think after this dump the prices will become a little stable and make good increments not abruptly. I also want the value to get as low as possible so that I can buy more bitcoins in lesser amount. |
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In the old days of bitcoin there would be 20% difference within the hour not within the month so as you can see with time bitcoin is becoming less volatile. As new features are added to bitcoin to combat volatility it will without a doubt have better results.
Yup, overall volatility is actually decreasing. This is the natural evolution of any new market. Greater bid-ask depth in the various exchanges naturally stabilizes the price. The volatility level in 5 or 10 years will be nothing like it is today. That is true. These dump and pump in price is just because bitcoin and all other crypto coins are new in this world and indeed it will take them some time before they really become stable in price. As it is a new technology, the buying and selling is actually very unstable due to lack of trust. With time, panic selling out will also decrease. |
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All of the bitcoin user want to success the bitcoin in the future because they want to increase their profit if the price of bitcoin continuously increase and iy is because also by the increasing of user. Most of the user want to success the bitcoin it is because the bitcoin is their source of income, this one will now to sustain the daily needs and financial needs. If bitcoin become successful, I think many people will give a thanks in bitcoin due to their benefits and opportunity of giving an income.
But before doing anything like that, governments also need a reason. What would be the reason behind taking such a senseless step ? Nothing like that is gonna happen. Rather more and more governments will realize the importance and power of bitcoins with the passage of time. Fingers crossed! I will second you without having a second thought. I think the Governments will be more influenced towards Bitcoin by looking at the way it is earning so much name in the market. Also, the way it is changing the lives of so many of its investors, Government will surely take positive steps in order to promote it. Governments should take positive steps regarding bitcoins because it is their moral duty as well and legal to promote things that are benefitting common people. Bitcoins have made lives of many people easier and have helped them to achieve their dreams. Bitcoins should be supported by governments. |
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Trading dont suck at all. You loose all this money simply because u jumped steps of learning, u should have done with low values, and if u loose that much money and u got this pissed(from your mistake) it means that u shouldnt do this size of trade. BUT, if ur wiling to hold ur coins, good luck on this way down  I utterly agree with you in this regard that trading is not for everyone. No one is capable of making big profits with trading until and unless he or she is not an expert or is not having sound knowledge of market including all important details of the coins they are trading with. |
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I usually make a daily time table and try to follow it strictly which includes 1-2 hours for trading playing dice games (gambling) and my studies.
It is nice that you make timetable and follow it strictly to make sure that no important task is being missed and you are not wasting your time on nonsense things. There is no need to gamble; gambling is not good at all. Emm you can do anything productive in this time. |
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Bitcoin is an international digital crypto currency, no way it can becomes a national currency cause everyone in the world can have access to it. Bitcoin as a national currency is just a dream that never gonna happen.
Bitcoins are the digital coins that are meant to be used by everyone regardless of their state, gender etc. I don’t think so there is no country that is going to declare bitcoins as their national currency since bitcoins is property of any one country. But they can be used besides national currency. |
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