Actually altcoin is slow and steady concept of making money. It increases at very slow rate but the increase is definate. Altcoin is a gift for those who don't to invest big and want to gain more. Altcoin goes on rising and gives a huge profit but it needs patience.
I agree with you. To make money with altcoins you need patience. I believe that With altcoins "slow and steady wins the race" I think all you need is not just patience but more knowledge about the world of crypto. because to choose the right altcoin and potential is not an easy thing. You must do the analysis first. so you can know which altcoin is potential. because you also know not all altcoin worth to buy right ? |
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If bitcoin system will be implement and soon this will happen taxation will be easy and many of people are saying that its anonymity will give problem to the government so their maybe a check on the transactions and this will really help to solve out this concern and more of it the governments who had accepted btc now they are doing progressive works in their regions and btc is best way to development.
Taxation will only be done when it comes to conversion into fiats and which would be regulated mostly on exchanges definitely. Bitcoin serves as a capital gain in most countries and that is already being taxed. Fiats will still be in existence as obviously not the whole citizen of every country will be making use of the coin at least for now, and at some point, fiats will still be very relevant which would make government benefit a lot as well. Legalization will bring stability to the prices as well because few people are using bitcoin now and when the community will grow stronger then there will be much more rise in the prices and will move to some stable values and since a lot of countries has accepted it and they are also wanting that more region get familiar to bitcoin and this coin can come to rule the world and whole world will use it and that will be more benefiting. if bitcoin is true in legalized in different countries it may be bitcoin price will be stable. because of course everyone in different countries is not afraid anymore to use bitcoin. so from that it makes the bitcoin marketcap very large and makes the bitcoin price stable. |
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]The bare truth is that we all do dream of becoming rich but we do nothing in order to make our dream come true. We just keep waiting for some miracle to happen which actually never happens. All those who are now billionaire have really burned their midnight oil, only then they have achieved that level. We do need to put in our bests in order to make our dream come true. Moreover, keep on creating some good opportunities of having money.
Thats right. But even if you raise your ass from the bed, it does not make you rich. Not everyone is allowed to be a millionaire, very much influences your mental actions. Not everyone can properly manage money. then we should try to realize the dream become real, many people get rich not because they do not try but they fail and despair because it is very difficult to get rich? maybe bitcoin is the solution for them. bitcoin is a great business to get rich with easy. you can imagine how many people have become rich from bitcoin, seeing this bitcoin price change that craze |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
no, bitcoin can not be controlled by anyone, even in china have a lot of bitcoin minerals and they are still not able to control bitcoin, the government also will not be able to control bitcoin transactions, bitcoin can not be controlled by anyone. what about someone who has half of the total amount of bitcoin? of course they can change the bitcoin price very easily? by selling a few percent of their bitcoin certainly fluctuations will move very quickly? but the question is, is it there people who have million of bitcoin ? |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Do you think panicking is good for us? One of the problem of the trader is they are panicking if they saw that the value of their coin is decreasing. I am also a trader and I do not let my emotions be carried away. I think panic is not only when the price goes down, but also when the price rises there are some users are also panicking selling. sometimes panic selling is also useful but it is just gambling, the most precise of course remain calm and do not get carried away emotion. do the calculation before making a choice dude! |
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Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.   Well physical money is there the world begone other says prediction that bitcoin will replace it but to be honest there no chance to reply of this because some of people are know more done this so called bitcoin yet we still at the learnings of everything about it and not all people knew about it, The existance of bicoin proved that there no impossible thing might happens. but I think it would be hard for bitcoin to take over what was left behind by the physical money. I think the government would have had a substitute for physical money before replacing it. let alone the government is very anti with bitcoin. so it is impossible for bitcoin to become the main currency after physical money is replaced |
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Yes it is risky, every decision in investment is a risk but you have to analyze carefully if the risk is equal to the payback youre gonna have and if its worth it. Anyways, in my own opinion.. too much of something is always bad that is why you should not turn all of your money to bitcoins so that when an emergency comes you'll have money
yeah because all investments are at risk and there are times where the bitcoin price situation does not match your expectations or the price goes down and makes you lose. if you use all your money to invest you would lose a lot. that's why using all the money is very risky. so you should have other funds that are kept in the backup of funds |
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It's a wildfire....
I am not surprised to see the high bitcoin prices now, I predict it will continue to rise and rise, investors have started a lot, and I predict some year will have a negative impact Behind the very high price for now for Bitcoin this will have a bad impact in the future. I will not think of that bad impact if I were you, let's enjoy the ride now because bitcoin is mooing and that's all we wanted to see, right? There is no reason it will create a bad impact in the future because the price uptrend is brought by big demand and that means bitcoin is growing and it's adoption is increasing, I think that's a positive thing and it will have a good impact. yeah let's follow the flow of water do not get too negative thinking about bitcoin. after all the bitcoin price change becomes very high is a natural thing of a development. bitcoin has many users and continues to grow and it keep rise demand from day to day and it keeps the bitcoin price high. do not think negatively, we do not know what will happen in the future... |
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Falling is always part of winning. So you don't have to panic so past maybe you should think it as a positive way. When the price fall there are some user will panic and will sell their coin in a lower price but for us this will be the chance to buy coins with low price and wait for our turn to win. Just have patience in waiting for bitcoin price rissing again.
yeah when panic happens I think you should stay calm and think that this is an opportunity for you to gain profit by buying bitcoin at a cheap price. you should know that bitcoin prices will continue to rise. so when the price goes down do not panic because it is the right time for you to buy more bitcoin |
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IMO ppl getting rid of Altcoins to profit from BTC forks arriving this month and november.
Investing in bitcoin right now is quite expensive. Because of it's high value a person who want to our bitcoin would need to shell out more of his money. Another thing is if a person decide to buy bitcoin right now he will be dealing on a very risky investment. I don't know how long bitcoin can go up but I'm seeing it will have another nose dive in the coming days or months. but even though bitcoin prices are expensive and high today does not mean bitcoin prices will not grow any higher. bitcoin is still in the stage of development and spreading it means the price will still continue to rise even several times higher than it is today. so investing in bitcoin is the right idea right now |
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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
Cash belongs to the banks and bitcoins to their owners. That's the difference in between cash and BTC. Plus Bitcoin isn't backed by anything than their users and money " should " be backed by gold. I think that makes the most noticeable difference is from fee and also acceptable. if you use cash then you can use it wherever you are in different countries in small stores and big stores use and receive cash for payment. and no fee unlike payment with bitcoin, where there are still limited stores that accept bitcoin |
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
yes I agree with you and I think Bitcoin is a very good and fast transaction tool through the internet. so you have to choose Bitcoin because of many advantages possessed by Bitcoin and for me it is quite satisfactory advantages possessed by Bitcoin this. bitcoin transactions will be quick if you use a high fee dude. while the current default fee is around 0.0003 btc which takes several minutes even hours for 1 confirmation. I think that includes a long time for transactions than currency or other payment methods? let alone the higher bitcoin price of course fee 0.0003 btc will be very expensive ie $5/transasction |
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Maybe I think now, you better choose to keep working with what you set before knowing Bitcoin, because working at Bitcoin is just a side job, so if you choose the real job, that's better, because your earnings in Bitcoin will accumulate more. again. But I think so, choose your own way to make sure.
I think is not wise to quit to your job because nowadays is hard to find permanent job also it so pitiable to that benefit you can get from your present job. Maybe its better if you have one priority, you can make the other as your full time job while the other is your part time. yeah let alone to earn fixed income from bitcoin is not easy. you know ? I think everyone needs steady income to meet and pay their daily needs. so do not let you get out of real job just because you want to focus on bitcoin work? I think it would be better if you combine your real job and bitcoin? that is will give you more income right? |
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is now too late to invest on bitcoin ?
I won't say it is too late to join the moving Cryptocurrency train and better late than never. A friend still told me recently that we that joined even late this year are still amongst the early adoptors. The distance yet uncover in this Crypto world is quite large. And quite a lot of persons are yet to join; a lot of area if coverage yet to be reached. So, now that you are aware of this, you can start your full participation here on this platform and get your way through. Yeah there are still many people who have not joined in bitcoin at the moment. and if you join and invest in bitcoin today you are not at all late because the price is very likely to be many times higher because mass adoption will continue to happen throughout the year because the key is still a lot of people have not joined in bitcoin |
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It actually depends on the place you are at. Many countries has band Bitcoin in the country and their government does not want to see anyone using it. People already know that bitcoin has a lot of potential so we call it the best long term investment in our generation. Bitcoin offers a lot of opportunity which can easily improve any economic of any country if used well. We should know that Bitcoin is weak so you have to organise everything yourself in order to be secure but it is not more better than any bank of any country.
Just because the government does not want you using it, you will not use it? Umm, as far as I know most governments have not made Bitcoin illegal. Even one of the most strict countries in the world, North Korea sis not only not make BTC illegal, but they even started mining it by the government recently. So I think based on this factor, it is clear that Bitcoin will improve the economy of a country if they start mining it. because in reality the government forbids bitcoin because they can not control the bitcoin and its users. we need freedom in finance and the government does not allow it. I think even though the government forbids bitcoin though it will not stop me from using bitcoin. because you can still freely use bitcoin because bitcoin is on an internet network that is free from government intervention. my own country forbids bitcoin |
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When it comes to the investment, many newcomers or people with frequent requirement find it difficult to invest for longer amount of time. Here by short investment i mean any investment which is less than year old. That investment has been cashed out within a year. And by long term investment I mean investment which will be kept for more than year ( ideally 10 years or so).
What do you think which is more beneficial short term investment or long term investment
i have a lot of free time so that i prefer short term investment with buy/sell in short time. any way most of profits end in fee so that i prefer Long term investment. if you have lots of free time and want an active profit I think you can use short term investments with trading. because it will make you a profit in the near term even just a few minutes you can get a profit. but the risk may be big enough if you're not patient and smart in choosing the right time. long-term investment is good for you if you're afraid of big risks due to fluctuations |
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According to your scenario, this won't really affect bitcoin's price because the one who dumped are two persons only, the small drop on bitcoin's price can easily bring back by the large number of investors out there. But if we assumed that all the holders dumped their btc then I'm very sure that a very big drop will occur, and that's only the worse part. The worst part is when all holders dumped their btc already and no one wants to buy it again, when this happens, bitcoin will become valueless.
The existence of bitcoin or any other currency depends on Buying and Selling. If one of this became unbalance then something unfavorable might happen for us.
Only those will go for selling off bitcoin who do not have sound knowledge about the currency but those who are experts in this are not going to sell off their bitcoin at any cost. Rather they will start buying bitcoin at cheap rates. I can bet my all bugs on this that bitcoin is never ever going to lose its value because it has very strong market by now and has already made a lot of people damn rich. Not really the opinion you tell here is a true one , an experts sometimes have to make a cutloss in the panic selling time. You know why not everytime the price freefalling could get revovered. The cutloss itself could be done for different reasons , i mean everything about bitcoin is uncertain you might really have to follow that kind panic selling trends. Yeah because panic selling also sometimes help you. I once encountered a situation where there was panic selling happen and at that time I did a cutlosse and luckily I did that because the price kept dropping so I did not get bigger losses so I can start buying at a low price when the price stops going down to recover my loss. panic selling is not always bad |
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You can do eca. You shouldn't treat Bitcoin like just an investment it's also wise to trade it then sell ti for goods like people used precious metal back in the day.h
Nowadays everyone is treating Bitcoin as an investment asset. Even if you want to use Bitcoins for payment purposes, you can't do that as a result of the sky high fees. Yesterday I was trying to withdraw some coins from my Cryptopia account, and it was asking for a fee of BTC0.002. Can you believe it? A fee of $20 for a single transaction! Lol yeah you will also see very expensive fees in various exchanges and wallets like in c-cex, bittrex, blockchain. etc. so do not be surprised if most users rarely make transactions. users are more likely to invest because it can make them earn big profits even many users get rich from bitcoin investment |
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Should I Invest In Bitcoin?
Looking at the price of bitcoin right now it does gives us a hint that we should invest in it. We knew that the best time to invest is if its price is low. But we will never know when would be it so better to buy right now. As a supporter of bitcoin I am positive that its price will continue to goes up. I think if you expect to buy at a low price it's too late dude. but that does not mean you're late for investing in bitcoin. yeah true bitcoin will continue to grow and spread and it will keep bitcoin prices growing every time. although current prices are not cheap (expensive). but you have to look long term. the price will be very high in the future |
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They see bitcoin as a threat to their own currency and they can not control it because they do not own it. What could they do is regulate it by making laws about it and it will also takes time so they just better ban it.
not just a threat to their currency. but also a threat to the country's economy. How come ? bitcoin has decentralized and anonymous properties that will make the user uncontrollable and invisible there will certainly be many bad things like embezzlement and other bad things, that's why the government forbids bitcoin |
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