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221
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Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin?
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on: December 15, 2017, 06:15:47 AM
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what impresses me the most about bitcoin is the ease to send and recieve money while staying anonymous, that is really helpful and great.
Bitcoin is faviourate to every one due to the high rate of it and the second reason is that the rate of bitcoin is increasing with time and also working with bitcoin need less time and anyone can earn bitcoin while setting in home due to all these reasons I am interesting in bitcoin. |
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222
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear?
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on: December 15, 2017, 06:14:37 AM
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Banks is not about currency they use. It is group of people, worldwide, that controls production, military and government. Bitcoin... it is just a way to send money.
To disaapear bank system is not easy or small task but according to my view it is not possible in whole life because bank system is the strongest sytem of around the whole world. Bitcoin can only reduce the users of bank but will never disappear the bank system. |
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223
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Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money?
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on: December 15, 2017, 06:05:23 AM
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I dont know because as far as now many goverments banned the bitcoin and theres a lot of people did not know about this bitcoin to be honest i hope that one day bitcoin become a legal worldwide because bitcoin can help a lot of people. There is more possibility that bitcoin will be accepted as national currency in the future and this will make the future of bitcoin more brighter but it will take some time because bitcoin is still getting interest of more and more users. |
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224
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Economy / Economics / Re: BTC as a national currency?
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on: December 13, 2017, 02:10:31 AM
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I think the US government is developing its own cryptocurrency right now, which might become a national currency
National currency will be accepted by a country when there are large number of people follow the same currency and I think bitcoin is not still at that stage but it is more possible that bitcoin will cross this target and will become national currency. |
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225
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Bitcoin / Bitcoin Discussion / Re: What are the advantages of having Bitcoin?
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on: December 13, 2017, 02:09:20 AM
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The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  the advantage of having bitcoin is that it will have a lot of money with a high exchange rate and bitcoin prices will continue to rise so that profits can be more The Advantage of Holding bitcoin are very simple 1st advantage is the value if bitcoin increases which will directly increase your Dollar wallet through which you bought bitcon. Another advantages is when you have sense of market that weather the rate are going up or falling on the right time you use your holding bitcoin generate high income for you. |
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226
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Bitcoin / Bitcoin Discussion / Re: Do you USE your BTC?
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on: December 13, 2017, 02:07:45 AM
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I believe that a majority of bitcoin is used for strictly trading, very few people I talk to actually use bitcoin to buy things. Bitcoin is not currently feasible to make consumer purchases with because it usually takes upwards of an hour to clear and fees are high. Not to mention very few places that actually accept bitcoin.
No its not good decision to spend bitcoin now because the rate of bitcoin is still low you should wait for future when the rate of bitcoin reach at least 20k$ then if you can want then you can spend some of your bitcoins . |
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227
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Economy / Trading Discussion / Re: BUY high sell low ?
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on: December 11, 2017, 09:03:39 AM
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When youre in process of trading, you hold the coin when it has low value. Buy coins when it offer low price and sell it when the price increase so you can have the best profit.
Buy low and sell high. New traders do not understand this technique so I want to explain this it means whenever the price of good is decreasing then you need to buy large number of goods and when the price is increasing then you need to start selling. |
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228
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Economy / Trading Discussion / Re: Dividing your salary.
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on: December 11, 2017, 08:59:11 AM
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In my view, I will spend 50% my salary for Bitcoin. Bitcoin always grow, therefore, I can believe I will earn money when investment.
You must be earning huge salary then, or you can somehow survive without food and paying fees  50% sounds impossible to invest somewhere, i tried to spend as less as possible one month and in the end i could invest only 9% of my salary! Now that number is lower, around 60$ a month as their price is huge now so i can't buy more. If he can afford to put up 50% then let him be since we do have different decisions on handling our salary but as you said maybe he do have huge salary because putting up half of your salary would really be risky.How would you pay up expenses on daily living with the other 50% left on your salary unless if its big then its not a problem as long you do know the risk you are facing on here on bitcoin investment. Agreeed. All investments have the potential to go to $0. Be mindful of your investments and market turning points. You can not say this is the potential, this is the risk of the market and the worst situation for investment. Actually, no one accepts the big loss as 0$ after all (means this loss made trader lost all money). However, it is very rare while the internet can provide the alert before it happens. You can lose a lot of money, but it will not "big" like that. Dividing salary is the best decision because if you can spend all the money then you will face a lot of problems in future so you should save some money for future and also after saving some money you need to invest also. |
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229
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Economy / Trading Discussion / Re: should i buy btc now or sell?
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on: December 11, 2017, 08:54:02 AM
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For me, i should buy btc now on my extra money and never touch it
as long i don’t need it yet. Because in the future i am looking forward
for extreme growth of my investment.
If you want to earn more profit in future then keep in mind that to buy large number of bitcoin now because the rate of bitcoin is increasing just like a bullet fire and it is more possible that the rate of bitcoin will cross 20k $ in future. |
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230
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Economy / Trading Discussion / Re: Trading questions
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on: December 11, 2017, 08:50:57 AM
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•In converting Bitcoins to money is still called trading?
•In connection with the percentage or price of bitcoins I will go and exchange it to buy in lower price value and sell and high?
•Will that be a good help? for make my money anonymously grow?
Any kind of exchange is called TRADING, it doesn't matter whether you swap your bitcoins to chicken, cow, or hogs. Now, regarding your second query, yes that is the best way to grow profits for your fiat. Buy bitcoins every dip and then sell it once it reached your estimated target price. A piece of advise though, don't be greedy because most of the time, greed melts down profits. Cheers! Common questions about trading is When to start sell or buying How to mange loss How to manage money How to manage time All these are common questions about trading. |
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231
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Economy / Trading Discussion / Re: job and trading together..
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on: December 11, 2017, 08:48:53 AM
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I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
There are many ways for you to find out what altcoins that are really profitable. I prefer to you to buy altcoins in the top 10 place in coinmarketcap.com. You can double your profit if you invest your money in profitable altcoins. Yes it is the best option to do both trading and regular job but if you have a time and ability to manage both at a time because regular job are tough then trading and also need a lot of time also .but if you can manage then it’s the best option. |
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232
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Bitcoin / Bitcoin Discussion / Re: Bitcoin growth again, what to do?
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on: December 09, 2017, 11:39:46 AM
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Bitcoin growth again, for two days it's turn back his position 3960$ and continue to grow!
Should I go to bank and buy bitcoins?
Buy bitcoins. Stop delaying your buying of bitcoins because it'll definitely increase in price again and you'll definitely get left behind if you'll wait for the price to go down again. Buy Bitcoins now and hold for a while. If the price dips while you wait, buy more bitcoins so you'll have more when the price bounces back. we should buy bitcoin , and make invest in the bitcoin and also make some trade in the bitcoin it will good for us and also good for the bitcoin growth. by these proccese of invest and trade other people will work hard for the bitcoin and they earn from the bitcoin and thus the popularuty of the bitcoin will rise and as a result the growth will be high. |
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233
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Bitcoin / Bitcoin Discussion / Re: Is it smart to max out all credit cards months to buy BTC?
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on: December 09, 2017, 11:38:35 AM
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methods like these are considered highly risky. you need to be one of those people who love taking big risks like this in their lives in order to perform this, otherwise it will wreck you. this is something similar to going all in, in my opinion. you may earn a huge amount of money but also you may go bankrupt too!
additionally you need to be familiar with bitcoin price movements and also its market to be a good trader. you shouldn't be taking the money just because you hope price is going up or think it has gone up so far so it should continue to do so. instead you should be nearly sure based on your speculation and analysis.
Yes it is smart but it need a good sense od the bitcoin market and proper knowldage about the bitcoinvaule in the market and the other fiat cuurencies value in the market, so that you can make your decission what to max and what to not. the maxing is very beneficail but need a good sense. |
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234
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Bitcoin / Bitcoin Discussion / Re: Too late to invest in cryptos if you're old?
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on: December 09, 2017, 11:37:46 AM
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What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
It's never too late. You can always have room to invest on cryptos because cryptocurrency has so much more to give you even if you invest little. But of course you have to go all in to maximize profits. You can at least give a little percentage of you pension so it can collect interest in bitcoins. Just hold it and then sell it once the price of bitcoins double. yes it late for you if your are old and you are join the bitcoin now. I think the bitcoin will give you benefit but according to your age you can handle the bitcoin very good, if you are young you can make great enjoyment with bitcoin but the older people are only suffer their life with good standard in last ear of their life. |
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235
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Economy / Trading Discussion / Re: Coins good for trading?
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on: December 08, 2017, 04:36:56 PM
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I always check out coinmarketcap and bitfinex for top coins. I pick one or two that interest me. Make a little more research and decide if am buying or not.
Definitely worthwhilet because it's enlightenin and rewarding
All regard contributes yet there are a few coins that not justified, despite any potential benefits to contribute. So expected to confirm when is the opportune time to purchase and offer the coins. I concur enough aptitudes truly is required amid exchanging. |
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236
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Economy / Economics / Re: 1Bitcoin as a gift from someone
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on: December 07, 2017, 08:50:08 AM
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well since it was a gift it is your choice to spend it or hold it, a wise man will hold it due to earning potential and it would such a waste to just spend it of course except you need a fiat right away or you want to invest the fiat you traded from your bitcoin.
wawoooooooo..... What a day it would be,, i wil be very happy and very thankfull of you for sending me 1bitcoin. i will hold it for a time so that the value of the bitcoin raise nore and i will use the bitcoin when it hit the 50,000 $. it means that a high income for me, i will fulfil all my dreams that i have connected with the bitcoin now. |
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237
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Economy / Speculation / Re: $11k - when do you sell
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on: December 07, 2017, 08:48:52 AM
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I agree that $11k is huge price, but since the Bitcoin is now really famous and advertised on every corner there is almost no probability to price dump in near future. Moreover if futures on Bitcoin really will be traded globally the price will pump even more. Personally I would sell it at least on $20k.
if the value of the bitcoin reached to $ 11k I will still hold the bitcoin for a reason of the rising rate of the bitcoin in the market. the value is still rising it has not stopped at the value $ 11k. so if value is rising do'nt use your bitcoin hold them for more time as you can hold. |
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239
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Bitcoin / Bitcoin Discussion / Re: Too late to get involved into Bitcoin?
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on: December 07, 2017, 04:45:56 AM
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I think I'm late to know bitcoin just try I know first maybe I've got a lot of this bitcoin
if you are join the bitcoin today it is too late for but if you think in one another option then you are lucky and you are not late because there many people that they yet not joined the bitcoin, so you are a little late and to forward also from those who are still doest not know about the bitcoin and does not join the bitcoin yet. And do not worry work hard and create income for self. |
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240
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Economy / Economics / Re: why should we give a damn about Bitcoin?
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on: December 06, 2017, 12:13:37 AM
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For bitcoin to be broadly acknowledged by the general population is that, first it should be steady in its esteem, bitcoins unsteady value surge if what shields individuals from contributing to it, they are frightened that some time or another it may hit the ground on account of its unpredictability.
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