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Great move I should say that China took all those people who are involved in the shady shit will have a chance to no longer do shady business and stuff. And maybe this will now cause bitcoin's price go down a little but it should recover soon if some other issues don't rise because,God knows what will be China 's next move against crypto currency.
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
Is that even a question to ask? Seriously why will anyone sell bitcoin unless and until its an emergency like if the price hits a milestone like 5000$ or something or better. I will not sell my bitcoin for cash if some one gifts me 1 bitcoin ,I definitely won't for sure. Investing and getting a bigger profit seems to be a good idea,so yes I'll go for it. |
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Hello everyone!
So lets someone has some bitcoins maybe worth about 100 to 500$. What could be the investment do where the bitcoin holder is quite new to the crypto currency world and want to get guaranteed profit from the investment.
I know that holding bitcoins are good, but what are other good investments you can make with bitcoins?
Would like to know what you guys about this.
Thanks!
Well you could go for trading altcoins or physical goods or invest ICOs or lend bitcoin or gamble your money or sell your bitcoin and maybe you could go for stock market or something else using fiat money. There are so many options for you to choose from ,choose the one which will be convenient for you and if you are willing to take a risk. |
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is bitcoin more popular than US Dollar ?
No way,bitcoin is getting in people's minds only because of the price reaching 5000$ per coin and nothing else. And USD will remain to be popular because of the United States is a super power and other countries have to support USD and make it popular because other options will lead them to a war and countries dont want war (except North Korea  ). |
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It may be is the right time to buy, may be not. You never know, what if God forbid price goes down? What if the price gets high and then you can get a profit. If you want to invest now, invest no one is stopping you, just be smart enough so that your investment will fetch you a good profit in long term.
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Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
Not the best strategy I have heard of or thought of, but a decent and a good strategy and yes, you can get some profit for sure and this is what most people do, sell high and buy low and maybe put their hands in altcoin which also seem to be very profitable. But be careful one mistake and you will suffer a huge loss. |
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My biggest regret is when I got introduced to this back in 2012, I tried to buy £200 worth, the platform was down and I never bothered, just recently woke up to it again at over £4k per coin, it is a physiological thing where I don't want to buy at that price.
My regret was late realization on what bitcoin is and was introduced to it a few years ago, and not from the very beginning. If I had known about bitcoin in 2009,and would have invested in it and I would be a millonnaire by now. But you can not reverse back time for it, but rather concentrate on the present and the future. |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
The price mechanism that will fetch profit for people, the zero Percent involvement of banks and money transfer in the safest way so that no one can interrupt the network and steal the money. These are a very few reasons why, even though there exist way lot more than this, but thought of just mentioning this. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
I don't think so, people are attracted towards bitcoin because of its price and not because they want it contribute to the society. Second, a few people did leave their jobs for bitcoin and it worked for some people and it didn't for some people. And people say one of the main objectives of bitcoin is to remove the banking system let's just assume that it happens and then no more banks, the unemployment scale would increase like hell so bankers watch out. And if you by any chance have a job, don't quit it because of bitcoin, I repeat NEVER quit your job for bitcoin. |
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Yes bitcoin can be very profitable for everyone given that he/she invests at the right time, and when I say profitable I say long tern not short term because in short term you might get a loss easily when compared to long term. And don't freak out when the price falls, it will recover soon . |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
Whatever you said about cash ,its true. But about banks and ATM and credit card,it sure for shit is not true at all. Banks are known for manipulation dude, they dont care about customers who dont have good deposits. Believe me for them the only people who have a good account balance and have regular inflow cash are good customers in their eyes and no one else. |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
Probably bitcoiners on and off this forum would kind of do a rally,or a strike kind of thing i think. And there would be a huge loss and prices and stock market will either crash or go to the roof,so it will be a bad move for the governments ,and there is a possibility for any other altcoin to take bitcoin's place,or god forbid something worse than that. |
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Hello strawbabies, I have left this campaign after my first week here got over. I wish you good luck for your future as a campaign manager as well as good luck to the soferox team. Had a great one week here and I believe I will get payment either in bitcoin/soferox coins for the first week.Thank you.
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Am I the only one who is under the impression that the price of bitcoin will plummet before day 1 or soon after?
This bitcoin fall to 2400 and the climb up to where it is now get me the impression that the whales are piling up to dump everything before day one.
Also I'm seeing a lot of people wanting to save the bitcoin for the first day thinking that Bitcoin Cash will be worth the same as the bitcoin or that at least they will make good money with it. They are not even realizing how this will devalue bitcoin.
Bitcoin cash is profitable as heck for miners because it's easier to mine and bitmain is continuing it's support for bitcoin cash or BCC. Another thing that I came across is that antpool has this thing for miners which allows miners to shift between bitcoin and bitcoin cash, which will fetch maximum profit for miners. This is why people are trying to convince bitcoiners to use bitcoin cash instead of bitcoin . |
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Btctalk name : pugman
Rank: Sr Member
Current post count: 283
BTC address :11agZnrQ5xUMiTXA2M8bkPsPhEGhqUHJT
Wear appropriate signature : Yes
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
You dont have to do anything. Bitcoin's price will speak for itself and shut the damn mouth of people who dont even know what bitcoin is and by judging a book by its cover. One of the main reasons why bitcoin is highly under-rated and when the time comes ,people will know what terrible mistake they comitted. |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
Bitcoin is secure ,no one will ever hack into your bitcoin wallet and steal your money ,unless and until you give private keys to someone by mistake or your computer gets hacked and your private keys get into the possession of the hacker or god forbid even worse. If you are using your exchange you must be very careful for you never what will happen to your bitcoin. Also it would be better if you enable 2FA(Two-Factor Authentication). |
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https://www.bloomberg.com/news/videos/b/4a0b16dd-6783-4dac-9fa0-76e923c9a774According to this link, a bloomberg news site, it was mentioned that there are two hotels in LAS Vegas that accepts bitcoin as payment for hotels, food and drinks. If you want to visit this place as a tourist or to gamble and you happened to lost your money to gambling you can always use you stored bitcoins to get a room to sleep and relax and enjoy the food and booze. Well,isn't it a great news for anyone? You lost your money,but you do have bitcoin so yea,you can stay in a nice cosy hotel and have food and drinks if you are hungry and you dont even have to worry about you not having fiat with you. If the world develops like this then fiat will be replaced by bitcoin sooner than expected. |
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now i make a transction For 9$ i pay 3$ fee in blockchain.info
shapeshift charged me to change 20$ from ethereum to bitcoin 10$. 50% commision ! nasty greedy company.
the fees in bitcoin are way higher than banks
The fees is damn high and I dont know how much time it will take for this to get solved and how long the dev team will take to answer people's queries ,correct me if i am wrong. I dont know whether or not this will cause bitcoin to go down, or turn towards ethereum instead of bitcoin,but most probably before things get worse this should be solved. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? My plans are simple and one of the most common thing in this forum. That is earn bitcoin for now and save it for later. Why i am doing so? Because of the fact that i want to save money for the future in case of any emergencies that might occur,god it should not occur. But nothing is in your hands. Not only am i saving it for emergencies,i look forward on getting profit on a long run,and bitcoin's price increases in an amazing rate,so why not go for it? |
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