Hackers can hack the online bitcoin wallet by hacking the email first. But the the developers of online wallet are creating various way to protect the customers wallet, there are a lot of way to make our wallet safer such as use 2fa for add more security layer on our wallet.
At present, there are many Bitcoin users used 2FA to security account but still lose their Bitcoin in online wallet. You need to know hackers can still hacking the smartphone through malware, apps, trojan ... in the smartphone of user. Then, they can stolen the data, information about 2FA, banking account ... easily. |
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That means practically to cancel trading, which will have as a result many people to loose interest in cryptos. Also, that means that there will be no diversity in anyone's portfolio with a result the economy to stabilize at some point and stay neutral. Also, the one coin will turn to be controlled easier by governments.
There are disadvantage and advantages of having one currency the simplest advantage is the transaction cost of every ordinary people visiting from country to country and beyond will be lessen and i think the disadvantage is that every country will based its currency value with the economics status of one's country i think there is a conflict that's need to be dig up for the super power country and the third world country. Yes good and bad aspects are always there for everything. But i think that if we start using one kind of currency, for which we are already struggling in form of bitcoin i am sure that it will have more advantage. I think in present modern time, it is much more important to have a single currency throughout the world and where we do not feel any need for changing it into fiat or any other currency. Certainly, if the world do not have not Bitcoin, we do not need to replace all FIAT and using only one currency for the whole world. Therefore, we need to use Bitcoin to create this revolution. But, do you think it is necessary for the growth of the world? |
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I will prefer both because that is the right thing for me and if i will do both then i will not miss the opportunity to make profit because i can just day trade the altcoins and also hold my bitcoin and other altcoins for long term so i have a balance way in making money in crypto.
Of course no one can bans you choose both to make money, but you must to remember, when you start to day trade, you will easily have some times you want to sell the amount of Bitcoin or altcoins you are holding. Because you do not miss the opportunity you have know on the market, that is the time the market will check your discipline. |
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Of course it can't. Bitcoin is not accessible to all people specially the people who live on below poverty line. Value wise it is the most expensive currency but imagine going to the store buying things using bitcoin and waiting for a transaction to be confirmed. Hell no.
What are you talking. If the price reaches the value of 10k $,bitcoin will replace the dollar. FIAT of various type.First one is dollar. At first bitcoin will replace the dollar and follow by Euro and so on.But it takes some time to make replace the FIAT. You can trust bitcoin ,it will replace FIAT. Really? Even the price of Bitcoin can reaches $10,000 but I do not think it will replace FIAT. You must to remember we are talking about a currency strongest and most popular on the world, this is Dollar and it will not replace by a new asset like Bitcoin soon. |
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-----BEGIN BITCOIN SIGNED MESSAGE-----
I am ButtCrack on Bitcointalk Forum and this is my Bitcoin address.
-----BEGIN SIGNATURE-----
1M2xmNaJrBK8mtjSpD9EsRgmHvsCdfYpBZ
H5xqJl4PuFdaSDaFWEW/XSwk17iDPBMhEKZcLEahqe6MTMtHeAvXnhTcKpRwMku+9sio5yqqE28nXYVoudf3Xyk=
-----END BITCOIN SIGNED MESSAGE----- |
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Well most likely most early adopters here would likely not be here on this forum. Likely they are at their luxury houses or boats or fancy cars and they are enjoying their lives while we all are here scampering for the crumbs that was left out of the wake of bitcoins sudden popularity and price growth. Great for us, right?
Of course, they are Bitcoin holder in few years ago when the price of Bitcoin was 3 digits dollar or even 2 digits dollar, they deserve to receive the benefit after hold Bitcoin in a long time  . We are only people missed the chance get rich from Bitcoin  . |
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Just spoke with several financial experts with backgrounds in the banking sector. They told me once Japan opens itself up to the Bitcoin the currency is very likely to reach the 30.000 USD mark before 2020 since
Japan has been known to be a trendsetter and have high influence on the EU and US markets.
I'd have to say that you have to be pretty optimistic to predict these figures, however i'm not saying that they are impossible at all. In fact John McAfee said that bitcoin will be worth around $500k by around the same timeframe. And it's not just Japan adopting, it's also Australia and they are a big economy. Plus, halving is on that year as well making the pump more likely. Though, i think that maybe half that price is more likely. $15k per coin is a good prediction for 2020, but $30k is a bit of a stretch. I agree, the possibility of reaching $ 15K in 2020 will be achievable but for $ 30K it is doubtful to reach that price, I think the price is too high for that price over the next 2 years. that is right, although that price is possible, without supporting from many people especially from community, bitcoin will difficult to reach more than $15k. i think in 2018 and 2019, bitcoin will become globally and more country will approve bitcoin so we can reach that price without any problem. and we have time to go that price and when the price is really in $15k or more, i am sure that we all here can be a new richest people in our city. I think it's hard for bitcoin to reach the $30,000 in 2020, due to unstable fluctuate of bitcoin in the market. Maybe on 2020 bitcoin value in cryptocurrencies was around $8,000 - $10,000 but the condition of this projection was depends on increasing and decreasing of bitcoin in the following years. maybe your number prediction will become true as we see now bitcoin price is still below than $4k but soon in next month, i hope the price will reach $45xx because i see the trend is up again but i don't know how much the price will increase. so we can only waiting for that time and we can do trading to make more profit. If I'm waiting the price of Bitcoin like your said, I can not become the professional trader and I never have chance to change my life and get rich early. What do you know the difference between trade and gamble? |
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print dollars to pay some debt? thats make inflation in the country, inflation is process that money distributed in the country is too much that make money value decreased, for example is now you can buy a drink with $2 if infaltion happen you can pay more for that drink maybe $3 or $4,
Maybe, he does not know the nature of the world's economy and finance. Not as you want to print more money and have not any problem or the price to pay. You have to remember, nothing is free and the FIAT also like that  |
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I go for 10% as recommended by any finial professional when you mention saving for retirement. Of course they don't tell you to invest in cryptocurrencies but that's only because they're stuck in their old fashioned ways.
I think everyone has his own way of managing the things. In my opinion, divide your salary into three parts. One part to meet your daily based needs, second part as your saving and third part as investment in any business which you are okay with. The ration you can decide yourself. This is how I used to do the things. But I usually put all my funds into a place when I know an opportunity can helps me make a big profit. Because, not easy to see it and have chance to take advantage that opportunity. However, I do not recommend anybody try like me  |
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Does your monthly pension can cover for monthly mortgage and expenses? If it does, you can hold off paying your debt. I will prioritize my investment in bitcoin over the mortgage. But if you are barely making the payment, then paying it off with your bitcoin is a good idea. Peace of mind is priceless.
Indeed, if you mentally not stable, you cannot work smoth any thing and you will have trouble when you try more. Therefore, most of the jobs need you can keep calm first. That is a requirement when you working. |
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the paper money doesn't exist in the middle age , there's only the coins of gold , and they will disappear for good while the technologie keep developing , but the chains will never disappear
What the hell? Gold never disappear, only FIAT or cryptocurrecies will disappear in someday, but I am sure Gold never affect by that. Gold is an asset very rare from the beggining of the world, it proves its value never decreases after long time. |
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
The answer is NO. But when investors see the nega effect that China can make on bitcoin price, their passion may fall for fear of other countries doing the same. Perhaps this year is a year of ice and fire for bitcoin and winter is coming. The life of Bitcoin doesn't solely depend on china and that's why it is decentralized. I know china has a bigger stake in terms of mining power and investment but that doesn't mean if they decide to leave the network others won't replace them and so I don't think Bitcoin will ever die because of the Chinese and their drama. Nope, China had gave up their powerful in Bitcoin, ban the ICO market and cryptocurrency exchange proves them cannot keep it. Maybe, the making progress of Korean, India, Japan and some coutries of Asia on the cryptocurrency marketplace made China did that. |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
I think if you only join some social campaign and high quality signature campign its enough to living.This forum give a lot money if you stay with honestly.First you need to improve your post quality.Than you searching some social campaign and join it.you can also income by doing signature campaign.I hope you support your famliy also Yeah, if you are living in a country does not use English is primary language, you need to spend your time to study and learn English, do that will help you improve your English + post qualify, then your salary also will grow more. |
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Bitcoin helps to earn students while they are busy studying. I think that this crypto currency is very useful for those who study and gives the prospect of becoming rich in the future.
Young people are showing good interest in bitcoin because they are more active and bold to take the step for the source of income. Bitcoin is getting more famous in schools and colleges so if young people will go with bitcoin and in the future they will be able to earn good income from bitcoin for the people of their nation and the country so it is good to earn money at the young age. They are leader on the road growth of Bitcoin, even in future, they can help Bitcoin will become a currency important or replace all payment method to become a best gate for payment!  |
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For those that buy bitcoin last week when the price fell and was dump to $1,785 can now take profit as from https://coinmarketcap.com is currently $2,750. Thank God for another blessing! Their fear to get rid of bitcoin at a cheap price then, now regret for having thrown it away. People who do not believe the issue of August 1 ,, may now be enjoying the results  If there would be another issue about Bitcoin the thing we should do is to trust bitcoin in terms of its system and development. Becasue it just prove it self on the lat segwit where bitcoin price is pump um and experience growth. So all we need to do is to trust bitcoin and to also be a part of the price who tend to support Bitcoin system in terms of transactions. Yes, those who trusted bitcoins soon after their creation are now millionaires and I believe we should not waste any more time in getting involved with bitcoins. Bitcoins are the legends in the crypto world and people are now really crazy for bitcoins. No need to waste time on useless investments. What do you think about invest to ICO projects? Is this field also one of useless investments like your said? Additionally, invest to Bitcoin while investor do not know any knowledge about it, can I call them also spend their money to useless investments? |
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Although I have never been in need of money that desperately but even when I thought I should have some extra money to buy something I sell my bitcoins and take up some online activity to earn a few extra bucks. I have never been that desperate for money though.
Try on your luck or take loan to buy something, investment just make you have trouble more and you never get rich in future. Example in my country, have many people from employee become trader, but they do not know they are speculator after they invested into Bitcoin while they do not have any knowledge + experience about it, even where is supply this coin they also do not know that |
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Nothing is impossible, all things can happen without us knowing it. If indeed the bitcoin price will drop like the first value, then congratulations to the bitcoin hoarders. that will bite the finger. But it all takes time. Because if we see the current bictcoin graphics continue to decline. making bitcoin users panicky. We can only pray, may the bitcoin price recover, not return like the first time value.
Some how is right. The first time is around 500$.It will never or ever reduce so.But in week ago the price of bitcoin reaches the low value of 3100$.This the lowest reduce I had seen after the August 1.As all of you know. Bitcoin is raised after the August 1 only.Even triple the old value. Yes in my opinion also will never experience bitcoin value back to the beginning. But we do not know what the future of bitcoin will be. because no one can predict when bitcoin goes up and down. Indeed on August 1, yesterday bitcoin rose and began to rise, but lately bitcoin continues to decline. so anything can happen if it's time. generally occurring During August 1, not an indicator, because in some cases Bitcoin even strengthened its performance and grew in price by more than 800 dollars. Although all the predictions about the plugs were negative. Today, the excitement from the Chinese government and is still expected in one thought, so you do not need to predict anything. If like your said, you think we have passed the situation Bitcoin drop down below $1,000 and do not need to care the price of Bitcoin in future, right? But there is have not asset can keeps the value always high, it needs to falls down and correction every time. |
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Not enjoying the dump (it's not a dip, this is a full blown dump). The only tiny positive for me is that I'll probably try & load up again with any spare fiat I can muster up if it goes below $2,500.
I think the $2500 is very low price, the price will not drop below that for considerable time. I will start buying when the price is below $3000. Very low price in this month but it does not mean will be bottom price in next month! The bottom price in September can be highest price in October, it very normal if Bitcoin changes to bearish trend. |
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It seems that the panic period is over as bitcoin price is Wright now taken an upward trend. So many people might have lost as a result of the panic, but never the less those who will be able to hold will make profit at the end.
The only people that will lose here is the people that panic then sell immediately their coins without having a second thought of holding it. If only they are brave and not afraid of losing they will not lose. I am not selling my coins if it experience a down trend i just keep holding it and wait for the prize to comeback. The panic will always be there when the dump happens, I personally just pause when the dump happens and just pay attention to what is going on, with a lot of thinking like that I managed to hold my bitcoin not to be sold. Actually avoid the panic time very easy, we just need to forget the price of coins we are trading and find some places for relax, it does not make you waste your time. Even, it can helps you keep safe your money |
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9 years ago when the onset of bitcoin was discovered, many people did not care about bitcoin, the price at that time was not more than $ 0.1 per btc, then there were people who bought up to 10,000 btc and he became a new rich man. With that story are we late? The answer is of course not because bitcoin prices continue to rise and we still have hope to become rich by buying lots of bitcoin.
okay, I agree that we still have time to repeat the same story as 9 years ago, the difference is maybe we will not be able to buy up to thousands of btc, maybe just a few or not more 100 bitcoin. No, the success story now cannot same success story as 9 years ago, you have to remember current price of Bitcoin cannot pump x4000 like it still was $1 for 1 BTC. |
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