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Buy the rumours, sell the facts somebody have said this phrase I love a lot, because there's describes my strategy which is not certain and not fit for every person around but it is profitable for me.
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In my opinion this is simply because of the primal greed of every person so they want to earn fast money and it can be accomplished in the case of overall growth in bitcoin prices and they are not looking after the development of cryptocurrency but after all the personal profit.
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In my opinion the biggest opportunities are held in the hands of people, bitcoin and cryptocurrency is just a tool with help of which we can both destroy or improve the existing economic system but the last word is in our mouth. |
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Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.
In this situation how can we explain that what is real bitcoin?
Usually I just don't pay attention to those people who are saying that because most of the cases they are just not educated about bitcoin and I don't have anything to speak about with them. |
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What are some problems you have found in cryptocurrencies?
What is something missing in cryptocurrencies right now?
I'm not referring to adoption, but technical fundamentals / business models ect
Probably I would like to have a global and United exchange platform when I would be able to exchange any token to any token, without a need of searching all those hundreds of different exchanges to just sell my tokens there. |
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
For real time bitcoin still is digital money. I don't think we need to talk about bitcoin as a currency because we still have fiat, and we use it. Bitcoin mass stay only in the internet. It is the best stage for him. |
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In my country there is an appearance that banks don't give a damn about cryptocurrency not considering it as a serious threat to their business, so possibly they will fall suddenly, without any anticipating.
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How does it work guys? Mining is completely legal and as far as I know there are no such % of tax that is taken specifically to the crypto mining. I think it all goes the same way as you would do with trading and gambling. When you will withdraw money into your bank account which you have gotten from the mining then it will be charged the same way as your salary gets taxed. With the different slots of income you will get charged different taxes mate. That is how it works. Also it depends on your country too. In some country's it is going to be taxed around 28% whopping price tag over the crypto earnings.
Any thoughts about this?
I think that they will definitely make something like this, my only hope is that this taxes would be affordable and we will not having a need to pay around 70% of our earnings to government. |
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https://www.sosobtc.com/article/23790.htmlChinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way. Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously. How do you think of that? Good or bad? If you do not live in China there is nothing to worry about, it does not matter to you. It is important not to read news that is not related to your future. Although in general this is a bad thing for such programs. |
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How many idiots who decided to invest in bitcoin!!!!!!!
It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....
In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.
This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.
So began a process of growth needs the infusion of more money.... They're gone.
I think the joy of endless growth to an end this weekend.
Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....
I don't agree with you because people still want to earn some money. first of all it is personal choice invest in Bitcoin or not. Because really in the future you can get profit from it. |
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The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?  I think eventually that this guy who holds iPhone and Bitcoin there's just a picture of electronic and cryptocurrency money, it is not an exact example that bitcoin would be a new phase in evolution of money. |
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India is going a step further than most countries in cracking down on peer-to-peer money In the legal challenge before the Supreme Court, the RBI said Bitcoins cannot be treated as currency under India's existing law that mandates coins to be made of metal or exist in physical form and stamped by the government. The court directed RBI to consider representations by cryptocurrency platform providers   It is very interesting, that India was so seriously against cryptocurrency, and all the suddenly they have decided to cancel that opposition against Bitcoin and othe cryptos. I agree that it is awesome, but anyway it is quite wierd. |
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I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .
Risks are everywhere not only in crypto. In crypto more serious risks but getting the profit is amazing. So if you do not have a reason for investing do not invest more than you can lose. |
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hello experts,
Is it more profitable to Hold BTCBTC or buying a lower price and selling at higher?
Thanks,
If you can predict both entry and exit price point during huge price swing than you can multiply your bitcoin but if you fail to do so than you will actually lose more compared to what you can easily get by just holding. |
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Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?
It's really hard to change how people react every time they heard about bitcoin. The most important role has social media. They create the popularity of these scammers who bragged the name of bitcoin. |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
In the near future it will be possible. But if to talk about price for these deposits, we all must think about profit we will get from it. Banks always want to share some money for commission. |
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Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
I am always staying away from the schemes like that, my parents has taught me that 99% of promises to become very fast which is a scam promises, it is always better to work and go step-by-step slightly to the success |
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Lol, the only way and the only event when I got an instant profit from trading is while I was getting the Bounty tokens and selling them it is a profit but I cannot say that this is the trading process as we know it. |
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how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?
PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.
Thanks,
Mike
Right now in my life I came to the point when I am almost never checking the price of Bitcoin and the reason is that I am having most of my portfolio consisting from alternative cryptocurrencies, I checked their price. |
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We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long? Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500  I am not a diver to measure where is the bottom, lol. So I'm trying to react properly on each fluctuation of Bitcoin and also not forgetting about alternative cryptocurrencies at that time. |
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