I'm buying bitcoin at a regular basis and for two reasons actually.
Most of my coins are going into savings, as a protection from a fiat collapse and savings account in case fiat stays strong and bitcoin goes up.
The other part is used for small purchases here and there.
I will never buy bitcoins at this time becuase i now that the price of the bitcoin is not going to rise any more so when you buy right now you wont make any profit you know. what is your basis to say that the price won't go up? i rather buy and hold little by little for sure it will break out again and will bring profits to me. of course no one can be sure that you will lose money when buying bitcoin in high esteem, even I ever get profit when I buy a bitcoin in the current high prices are rising, but I still profit? as prices continue to rise? |
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Hold some and if someday the bitcoins reach high price maybe I will be rich,ok I'm not that naive. but maybe do some business with bitcoin because in my country is very good more than other countries that don't have the same problems with inflation or bad politics economics, my country is venezuela.
I think when you state very often madly in inflation and make the your local currency itself becomes volatile I think it would be better if you keep all your money in bitcoin first, you can create a business as well, of course it would be advantageous for you |
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I don't have anything to complaint about bitcoin but I don't like the fact that there is nearly no shops in my place that really accept bitcoin. I did see a coffee shop that has a bitcoin signal but it seems to be that it doesn't really mean that it uses bitcoin.
I think that is not a big deal as we can use them by converting to fiat and in future even this issue will be resolved and we would find many place to use them directly for buying things. I think people will be happy to shop using bitcoin directly, in addition we will be happy and proud of course use bitcoin transaction will be instant and fast. of course it is a problem |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it. If it was stable then that option would not be there so people would not make use of it. You are wrong dude, maybe it will not be popular to us anymore but for the spenders and shoppers online bitcoin will be popular as big merchants will be coming in as there will be big market for them to serve that they will not worry anymore of the big price fluctuations that is happening now. me myself I would be happy and also sad because I will not be able to benefit rapidly due to fluctuations disappear, but I'm also happy because there will be a lot of merchants who will come and accept bitcoin ? |
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you can manipulate bitcoin price
but you must have big capital money and big bitcoin, in to you can take profit
I think manipulate the price of bitcoin is not easy especially if users bitcoin more would be more difficult to create panic to all users, I think if this method fails will be very harmful to you? |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
I think there is no better, as both a good thing if combining both would be a good result why you choose one of the two Lol I think if you create a strategy to combine the two it would be better |
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I dontt think that you need to sell your coins right now and not never because the price of the bitcoin is getting better and better so you need
to hold them for now and not for ever.
of course if you think that the price will be much higher than today, and it will make you more profitable again why not take it any longer? yeah sometimes I do that. sometimes you have to be patient to earn bigger profits |
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It's a great opportunity to buy or earn as much Bitcoin as you can. By the next year, the price will skyrocket and we will probably even see a new record in Bitcoin's price. It's got to rise or people will have to quit mining with their rigs because there'll be no more profit
I think the pump price or the price increase will occur in bitcoin if you want to wait for the price increase maybe you'll find it, but I think you have to be quick when it happens, because usually when the price rises will occur panic intervals, perhaps many people will also sell all their bitcoin |
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I got it for the hope of it going up. I really wish it happens, and I hope there aren't 9 numbers (0.00000000) just because the creator wanted to randomly put nine numbers there. If Bitcoin would get to $100m, a satoshi would be equal to $1. Insane!!!
Lol I think there is nothing wrong if you use bitcoin and hold it to profit from rising prices, but if you wait for the price to $ 100m then you will be useless bitcoin hold until the end of your life, make rational purpose dude |
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Never buy bitcoins right now becuase the price of the bitcoin is to high you wont make profit with it right now or the price needs to rise after you bought them you knw but that wont happen.
nope I think you're one of many people say that the end of the year is usually the price will rise, as happened last year so I think if you want to benefit. do not miss this opportunity to earn more profits |
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If someone payd bitcoins for something wrong this doesn't mean bitcoin is illegal, it was used illegally.
yeah true what you say that just because users do or use bitcoin for activities not mean bitcoin currency is also a black and illegal. I think it was back to the user, even many charities who accept bitcoin, I think it depends on the user's own |
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It's not at all. I found only one person until now that knew what Bitcoin was, and he never used it. We've got under 10 online shops and services where you can pay in Bitcoin, but almost nobody knows what it is.
Lol I think you should try to join some of the bitcoin community in the country, I believe bitcoin users in the country is not just you alone, I'm sure there are many other users that you just need to find them and work together to gather more users |
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It will not happen if the price of bitcoin still at the high price. Because only bitcoin that have really big price for each coin. To replace bitcoin, that crytocurrency need to be more good and have a new 'thing'
I think the key is not only at a high price because it is very possible that other coin will also have a higher price if they have more users, therefore users will provide the most important role for bitcoin if bitcoin want to continue to survive of all obstacles? |
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Bitcoin is the only currency which can't be stolen if it stored securely, you can store Bitcoin in cold storage for years and no worries about it, while fiat money might be stolen whether you use credit card or physical money, even banks accounts are not fully protected.
is it you never heard that there are people who lose their bitcoin as stolen. maybe it was their fault because of a phishing or other types, but any account to save money could have been stolen, so I hope you can be careful in saving money, including saving bitcoin |
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if bitcoin legal curency
all the world regulated and legalcy bitcoin
can pay tax fee, your must verified identifity addres and wallet
yeah it could have been done and it might be happening in the future where the bitcoin be legal and accepted by the government but instead would bitcoin should provide income to the government in the form of taxes. it can be done, but certainly there is a lot of data manipulation that happened so it will not be effective |
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It's probably less than 2 million. I don't think a very high percentage of the population know much about bitcoin yet and even fewer have any.
I think seeing bitcoin not so famous course bitcoin users would not be too much. because if bitcoin users more than 20 million users, of course bitcoin is already known by many people? but in fact the opposite, the user may range between 5 million |
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You can do exchanger and earn something with it
Being an exchanger is not an easy thing, someone would need a large capital and every type of currencies available, and the most important thing, a lot of trust from the community so that someone should not think twice for doing a trade with you. He will not need all types of currencies available for exchange as he will deal on in a currency that he country belongs to as only sellers from his country will contact him to sell their bitcoins. yeah it is usually done by a lot of my friends they made the exchange only for their own currency, local / bitcoin, of course you need only currency lokalmu and some bitcoin, then you should also have some bank account, and you will be the exchange to friends around the region |
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i think too many reason for that one is that its price is gong up and second is that it is now the need of the day and the third is that i can use it instead of cash may be more conveniently.
I think everyone has a different purpose why they use bitcoin. I see there are a lot of people joined their bitcoin and use bitcoin just to gamble, they say that gamble with bitcoin safer and freer, yeah they have different reasons |
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Here in our country we can buy bitcoin at 7-11 shops here. They are selling bitcoins, But unfortunatelly they are not accepting bitcoin as payment to their goods. they are just selling it. But i am withdrawing my bitcoins in a bank that is affiliated with our wallet that is personally design for our country
I thought it strange when there are stores that provide bitcoin purchase offline but their stores do not accept bitcoin sales lol. I think they're avoiding the risk of losses due to fluctuations. I'm still waiting for a big store to accept bitcoin |
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I think it is safer to distribute your coin to a different wallet, putting all of your coin in one wallet is not recommended, plus using multiple wallet going to give you knowledge about the advantage and disadvantage of different wallet, and by using different wallet you are going to have better coin management
yeah I agree with you in addition you will gain knowledge about the wallet you will also get a higher security when using many wallets, I think not a problem to be confused because it has a lot of purses, at least you minimize the risk of losing bitcoin |
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