I think that is good if anyone want to keep itself updated from the price of bitcoin because if they are doing quickly selling and buying then every minute is important for him because price of bitcoin is change after short duration so in 5 minutes price can be up and down so effectively. So keep updated from price is the main job for that type of traders.
yeah I think it's okay to look at the market any time if he does daytrading even they are required standby to see the screen of their computer at any time, maybe "not see the market every five minutes" apply to users who use bitcoin as a long-term investment, sometimes they panic when they see the market does not go up? then this title will fit to them, |
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The idea of having a Bitcoin bank is something that is not impossible but I think it is very unlikely yo happen. One of the reasons is Bitcoin is decentralized and that is one of the best features of Bitcoin, one that makes it unique, trustworthy and successful. Having a Bitcoin back will defeats that, that is why I believe that idea is possible but unlikely to happen.
I heard that bitcoin banks are already realizing? http://kryptomoney.com/worlds-first-bitcoin-bank/it means this idea is very possible in apply, bitcoin banks only need identity of the user to be a customer of the bank, I know that bitcoin is decentralized but you see how the exchange site gives the option to verify so users get additional facilities, isnt decentralization gone from it? I think bitcoin banks will also do the same, |
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Buy when market is Red, a trick to successful trading. Also dont put buy orders ahead of time.
But we must know when the red will ends. Most people are just become panics because the red is not end in a few days. So they buy and sell even when market still bloodbath. then it needs an in-depth analysis of whether the price has stopped falling or is still continuing down and when yesterday dump bottom line at the price of $6k. so very lucky people who buy at that price before bitcoin back up, but I don't think the time is right to buy is when the price is red only, I think at this time even where bitcoin is recovering is also a good time to buy, it will give short profit to you, look at bitcoin prices now go up pretty fast,, |
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Bitcoin is much safer than holding cash, cash is easy to steal' bitcoin required a password to access your account and wallet, just put a strong password ao the hacker of account theif cannot still it from you😊
I think all things are at risk, storing bitcoins online or physically has its own risks, if you keep bitcoin in the wallet of course there are risks like hackers who might be able to steal your data and password, if you keep your bitcoin in physical like paper money it might be stolen by someone, both equally risky, the most important is how you add security for it, because the wallet can become more secure than cash if you want to add like authentication in your wallet,, |
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I heard that some countries banned Bitcoin and 2 of them are China and Russia because the goverment think that Bitcoin deals are speculative, and the currency is always risky. But is it correct because there are a lof of Chinese use Bitcoin now?
No, Russia has not regulated bitcoin. In where have you read that bullshit? Just China tried to regulate it as much as they could, but they are never going to stop the usage of bitcoin, because how can they know who is really "using" it? Are you dumb? Yes as I know bitcoin is not fully banned in these countries, why people here are spreading this misleading info? because some people want to see bitcoin fall off for a certain purpose, if you're in a bitcoin world you should begin to realize that there are many rumors and issues that are always there and turning around here, you have to start learning not to get swayed on the issue because maybe it is a hoax and make you lose, such as the news that one country forbids bitcoin but there is no statement whatsoever from that country, the improtant thing is keep calm and do research before deciding the action |
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Considering the rate at which the user-base is increasing, I believe that we can expect prices anywhere from $50,000 to $100,000 per coin by the end of this year. On top of that, the legal situation in the United States seems to be improving.
so many of the same predictions about bitcoin prices by the end of 2018. it's like the tradition for bitcoin at the end of the year prices will jump many times over. so do not be surprised if many users have same predictions and enthusiasm for bitcoin prices later, I myself also believe the price will rise as high as it at december, keep be patient mate, and collect bitcoin as much as possible and you will get wealth in the next few months,, |
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No regulators are needed by the crypto community. Regulators are superfluous intermediaries, and rules that all must fulfill except regulators themselves. Protection from the crooks - do not tell me, you own brains and smart contracts - that's the best protection against crooks. Do you need men in expensive suits who will tell you what to do? The illusion that regulators will act in the interests of the community is a manifestation of infantilism. The community will adjust itself.
I think the regulation we need is not for protection from crooks but the regulation for bitcoin is acceptable everywhere, with regulation from the government of course people will not look bad bitcoin because the government is a superpower for any thing including spreading the word, when they legalize bitcoin of course the price will soar but there is certainly something to be paid from a regulation, of course the government will provide a requirement for it |
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I can explain it to you because China has a lot of people who invest in bitcoin. The Spring Festival is a very important festival in China, you need to buy and buy many things for the Spring Festival, such as buying new clothes, buying couplets, giving gifts to parents, gathering, etc., and the Spring Festival Prices are high, which all need to cash Bitcoin, which affects the price of bitcoin. probably because of the large bitcoin users from china who do cashout from bitcoin to their currency its give little effect on bitcoin price but the topic in this thread is why the Chinese government forbids bitcoin, I think almost all countries have the same reason to ban bitcoin, the reason for this is that decentralized bitcoins can not be controlled, anonymous increasinglyto online financial crime, and other reasons that harm country, |
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I'd say up to 5% if you can do it. Take care of all your needs first, or else you'll end up having to sell and it may not be at the price you want. I'd get into a retirement plan too, if you can. Crypto is way more risky and bitcoin is at its all time high. You say we're heading for the moon, but we may already be there.
5% is good percentage that you can use to trade devide from your salary. If you want more percentage i think maximum by 10% monthly. Like above me said, take care all of your needs first because if you put more to bitcoin, you will put your needs in the high risk. Its a good start actually to get 5% to your salary as a starting point to make some trade in any form of exchange site platform. While doing this matter you should forsake your prime commodities in your daily needs as long as your not earning big yet in bitcoin. Just wait until the right times comes. I think the allocation of funds in accordance with the ability that you have in the trade, if you are still a beginner maybe 5% of your salary is enough as your initial capital, experience will teach you a lot about techniques in trading, when you are more advanced you can add your capital to your salary, if you're an become expert of course you do not have to allocate your salary to trade, precisely you have earned a fix income from trade, all need time dude, be patient |
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it's hard to do for the majority, FUD it's like a self-fulfilling prophecy and it's going down fast, the problem people got into bitcoin to make some cash not for the dream of free financial narrative where we become our bank, people stay for the money they make.
actually a very deep decline in this price that really creates fear for the user, I myself do not really make a problem about bitcoin legalization news (it's what people saying about fud) but what scared to me and make me panicked is crazy declining in the price of all cryptocurrencies, I think it's the fear that takes them to make a choice to trade their bitcoin to their local currency |
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Litecoin is a very interesting project. The community has already recognized this project as productive and worthy of attention. But all the same, we are clever people with you. I think that if Bitcoin completes the technology, litecoin will no longer be needed.
Litecoin includes a long-lived coin you know, or the second oldest coin after bitcoin, of course it has been seen that litecoin is quite reliable, actually some time ago I was quite unsure of litecoin because there is no inovation and prices tend to decrease, but after cryptocurrency became popular and then lifting the name litecoin and make marketcap of litecoins become bigger, it's not a matter of saving a few percent of your capital here mate, |
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Price trying to make a floor here at 8,000. Are you going to sell 8,000?
I have not yet taken a decision about selling Bitcoin. I will be watching the market events till the end of February and then decide what to do. first I was very surprised and upset because bitcoin prices could go down very deep up to $6k yesterday. let alone the weakening of the whole market because of the ban from some countries "the reasons are always same", but today the cryptocurrency market has positive signals. almost all cryptocurrencies are green:D, hopefully will continue, I think it would be better if you wait until the next few months I'm sure you will reap huge profits, |
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Yes this is a great news! I think bitcoin will pump very soon and it will beat it's new Time high. I claim it! Thank you to the U.S Senate that he made a statement about the bitcoin future. One of his favorite statement ''They can not regulate and stop this cryptocurrency, no choice but to embrace.''
Bitcoin can still be regulated, all that Bitcoin needs is someone with enough money to purchase a bunch of miners. they already realize that bitcoin will cant be banned in any way. how to restrain their community to not use bitcoin while bitcoin is anonymous ? they can easily access bitcoin because it uses internet that is currently free to use? so from that I think they are making a way how to give the rules/regulate on bitcoin so that give mutual benefit. https://www.cnbc.com/2018/02/06/us-government-is-trying-to-get-coordinated-in-its-efforts-to-regulate-bitcoin.htmlhopefully this will be a positive signal for cryptocurrency market and will recover |
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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.   If we talk about electronic it called online so you should need an internet or other banks to withdraw your money but in physical even you havent phone you will buy any thing that you want and no matter where you go. electronic money is not just bitcoin or cryptocurrency only mate but what is meant by electronic money is that used with internet media or network, You can use electronic money via bank, paypal, or something and you can shop with just using your gadgets without going out home, that's the advantage of electronic money, but for now physical money is also still widely used because this era has not been support for full payment online because many people in the world do not understand about technology yet and they are still dependent on physical money,, |
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Price is showing a positive spike!
Yes, the price is recovering but it's still not stable it might be dumped anytime soon like in the past days but hopefully it will be stable in mid february Not just bitcoin but most cryptocurrency markets are also beginning to show positive change mate. now the market is back in green colour  I hope this increase price will continue, even in big exchanges like OKCOIN and Bithumb, bitcoin prices are crawling up to $8k. hopefully this early recover of cryptocurrency price. but you right anything can happen mate. remain cautious. lets hope be better and see |
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To manage potential loses during a crash is to have a variety of investments so that you don't need to put all your eggs in one basket. A good financial strategy on how to diversify your earnings could eliminate the chance of total bankruptcy.
The important thing is don't cutlose because it will make you lose, finance management is an important thing in investment, when you have a good financial management of course you will not allocate all your money to bitcoin only but on other investments as well and have remaining funds for back up plans and savings, with that even though bitcoin prices go down you still have saving of funds and other investments to cover losses if you do cutlose but my advice is don't do cutlose, because bitcoin prices will definitely recover, you can go to another investment while waiting for bitcoin price to go up and you will not get any loss, |
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Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
This time last year bitcoin was in the $1500 to $1800 range and we were all breaking out the champagne! It won't fall that far back - but even if it does, it will be higher than the last peak which means the overall upward trend is intact. (To break the overall trend, BTC needs to fall below $1100) I think it's just FUD mate, If you say that bitcoin is unshaped that is the reason it's been around since bitcoin first circulated that bitcoin did not have any physical shape, but then bitcoin skyrocketed, its not problem anymore dude ? everyone knows that all finances will become digital in the future, I thought the reason was far-fetched, one of the problems right now is the government's legalization that makes the crypto market go awry, but you dont need to worry, in the future there will be a bright spot about the status of bitcoin, actually this problem has existed several years ago, but again its not a problem and does not make bitcoin die, precisely gold back to skyrocket, |
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Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
I believe in that saying don't put all your eggs in one basket, once that saying apply to your self if your investment falls accept the truth that your money will gone. Need to devide the capital so that if the one fall you have not lose your money there is another one to recover. I agree, that not using all your money for investment is the thing to do! because it will be a big risk to your life, but the question here is the number 1 reason that can make you lose in trading and the total capital doesn't give you effect you will lose in trading or not? I think the most basic reason leads you to lose is panic and impatience. when the price drops almost all noobs must be panicked and sell their bitcoin and lose? then impatient because you're afraid the price will go down then you sell your bitcoin and you lose, |
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It's not always the best investment advice to "wait" for prices to go up to buy.
Right now there are many great coins that are cheap, so right now would be the time to buy
Yeah i totally agree, Bitcoins is not the only currency that is bound to make people rich, if you make up your mind to solely invest into bitcoin, then you will end up not making as much money that you would have made had your diversified. thats true, after all bitcoin prices are still stable right now, while waiting for bitcoin price to go up you can take advantage of the few percent of bitcoin you have for trading or investing in altcoin, you're right that there are still many altcoins with potentially rising prices in the near future so take advantage of that, I myself do the same thing while waiting for bitcoin prices to go up, I keep myself busy with altcoin trading and that's very profitable, |
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if you have the benefits from bitcoin? you can promote bitcoin in many ways.
-By explaining bitcoin to others, spread the word about bitcoin and take note you must learn more about bitcoin to do this.
-If you have skills in blogging, design, video and photo editing, web design, etc. Create something different out of your skills to promote bitcoin.
-If you have business establishment try to experiment to accept bitcoin currency.
if you have any idea how to promote bitcoins just share here.
There are plenty of ways to promote bitcoin, this crypto is famous worldwide now and its news spreads fast through social media but talking about bitcoin to other is the most effective way, especially when you have a huge knowlegde about bitcoin and you can easily convince people, because most of them will think it's a scam at first and they will not believe it unless they get really curious and they will try to search and read about it, that really helps a lot to promote. actually already many people who know about bitcoin because bitcoin ads and news about bitcoin are scattered everywhere, on the internet, television, newspapers, etc. you must have seen bitcoin ads on youtube or one site right ? I often encounter bitcoin ads, and I think it's a good promotion, because the target is common people around the world, maybe you can try the same thing with promotions on the internet like blogs or something |
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