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That's some expensive lesson, but then again it is banks, probably they won't even learn from it and leave the same security holes in it. Just like they didn't learn the first time...
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I think you are just confuse because both are full of potential and you like them both. Thus it is better to choose them both and you can also out higher to one and less to another. You will never lose here.
Well yeah, both will probably go up in a long term from now on. However, if I had to choose which one to put my money in I would go for bitcoin because eth is gonna change from pow to pos |
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Even if I tried to contribute answers and suggestions in other topics, it is very hard to gain merit. Which topics require quality answers and comments while people really willing to give out merit?
Well be patient about it and if you really contribute to the well being of this community someone will be generous enough to give it to you. |
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When the government forbids cryptocurrency
In my country, the government is gradually apply internet and cryptocurrency control decrees. Previously, they banned direct Bitcoin transactions. Currently, they are banning crypto-related bank transfers. And of course, ICOS is also gradually banned .
Initially, they said they would not ban crypto and bitcoin. But now their actions show that they do not want crypto to exist.
Is their purpose not to secure crypto investors? They are trying to make it their own
They see huge profits being lost for themselves
And when the internet management program took place in my country, maybe I could not come up here to share my views like this. So sad
Just leave the country, why would you even want to live somewhere where the people are so irrational? Or I guess you can always use a vpn to hide your internet traffic. |
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I don't see bitcoin reaching up to $1 million in 10 years .
Currently we are exactly on the right way to $1 million, if you look into the chart from https://fnordprefekt.de/   Mate, that's in a year and a half, not ten years. Also you need to zoom in on the graph to see that we're bellow the red line at the moment. |
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Bitcoin price is very high. Now silver is $17/ounce, if Silver goes to $50/ounce that is 200% profit by risking $50 only.
Even Gold at $1300/ounce is cheaper than Bitcoin. People will look at all the other safe investments when Bitcoin = $1,000 and it high risk
You cannot compare the prices like that, if you do it you can take the kilogram price of gold and compare it to btc and bitcoin would be worth next to nothing then. |
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The annual pos reward for this coin is 40% if I understood correctly? Doesn't it mean that there's gonna be a massive drop in the price just after starting the pos as the markets will be flooded with newly generated coins?
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Well we started the serious growth from like 2k per bitcoin so it is possible to go down quite a bit still, however, imo it's highly unlikely that we're gonna go lower than 6k despite the fact that all ta "experts" say it will drop to 2k...
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Well not losing money with a hyip is impossible because some of them end up closing really early and it is impossible to know when it is going to happen. I guess the best solution is try to jump in really early and jump out as soon as possible. However if I were in your shoes I wouldn't invest into it at all as you're most probably gonna lose the whole investment in the end.
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The only way Bitcoin will ever die is if the internet dies or when the worth drops to zero. I don't think that the internet will die because it is something almost everyone uses en need.
And also that the worth of the Bitcoin will drop to zero because it is being used by more people each day.
you are right when internet dies then bitcoin will be die but it really impossible and internet would be never die and bitcoin is depend on internet and there a lot of users of bitcoin and more people adopting bitcoin. it mean bitcoin will never die because internet technology is permanent and its true that bitcoin depend on internet and we know that bitcoin digital currency just using through internet and i am sure internet internet will be survive forever. I dont agree with your point of Internet cannot die, what if all the servers are got crashed due to some natural calamities then what can you do, Their is always possibilities of 1% chance of anything can happen, Bitcoin relies on Internet and what if Internet got crashed due to natural calamities like their is full of unnatural floods, earth quakes nothing can stop it. there are emergency servers that would be launched and there are quite some of those emergency servers that could replace even if some of the other emergency servers go down, so yeah it is pretty much impossible for the internet to go down, and the 1% chance you are talking about is still pretty high, I would talk more about something like 0.000001% chance more if not the smaller. Besides that bitcoins do not require the internet, bitcoin could theoretically work with a pencil and a peace of paper as well... |
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If you were Satoshi, wouldn't it be cool to just roam around the city, sit in a coffee shop and look at all those people who endlessly talk about Bitcoin but don't know you are the one?
I'D LOVE THAT!
on the one hand I must agree with you, it sounds really cool, but on the other hand, wouldn't you feel the desire to be praised for such a wonderful invention that is going to change the world completely? I definitely would and it would be hard to stay quiet about it. Besides that we don't even know if satoshi is still around and if he is still alive, maybe he is just silent because he is not around any more? |
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Its not as difficult as it seems to explain anyway just tell him how it is keep it basic just tell him all it really is like online currency that kind of runs like stock one day it can be lower and one day it can be higher. Your thinking about it hard but its rather simple I'm no wiz at bitcoin but in my understanding that is how it goes more or less.
bitcoin actually explain to others is quite simple and easy. just give some basic overview. but the difficult part is getting people that are interested in using bitcoin ? well if you say them that you can earn some easy money with bitcoins by doing literally nothing and just holding your bitcoins in the wallet I'm pretty sure that a lot of people would be interested, though to make them understand how it really works and why is it different from online payment methods might be really hard as cryptocurrency technology wasn't used before too much. Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
Even they can easily get it, let us show them little the usage of bitcoin, example you are going to outdoor with your kids then there is restaurant who accepted bitcoin, lets just show it only help them familiarize with it, or in paying bills monthly with bitcoin let us teach them how, just like that no need to explain long, familiarization I think is a good start. how are you going to teach kids through paying bills if they most probably don't know yet what the bills mean and why they need to be paid for? I doubt it is a good idea. |
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I was not really able to control yourself when know bitcoin prices rise I had too hastily sell bitcoin so could not get the maximum profits and also gambling I often suffer losses because can't control myself
well you should not worry too much about it, the prices will go down at least a little bit in the future and you will have a chance to buy it back for later, bitcoin prices always fluctuate because that's how bitcoin works right now. Actually I think I joined the bitcoin train a little too late.
I was fully aware about bitcoins and their possibilitys, but for some reason I did not participate enough.
Just a little faucet and other stuff that is not worth doing it.
I had the chance to make a really good investment and missed it. But maybe it's not too late!
even if you join it right now it still wouldn't be too late at all, bitcoin is still in a really early phase and in the future it is going to grow even more rapidly with the fast adoption so you shouldn't be too sad about it. Just start using it as much as possible right now and you will be one of the earliest adopters in the future for sure. |
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The best way is to set some btc aside for a decade.
And yet the end game is you sell your Bitcoin  I just can't get over with what OP trying to say to not sell our Bitcoin EVER. Describing all the potential of growth and profit then at the end saying not to sell Bitcoin ever, what a brilliant idea LOL. I wonder how could he take advantage of his bitcoin locked in his stash for eternity ( he is not selling it ever). Even me I've been thinking about why the topic was never sell your bitcoin ever. Because holding our coins in the long term is the main reason of our waiting and once the right times come, that is the time that we need to reward ourselves. did you know that just holding bitcoins and never doing anything with it is actually harmful for bitcoin even though it is good for you? Well then it depends on what are your priorities, if you just decided to use bitcoins to become rich or do you use bitcoin because you believe in it? I'm selling and using bitcoin and then buying it back because bitcoins need to have action in it and not only sit in the owners wallets. |
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The question is when do you know if someone is pumping and dumping？I guess no one can tell until its done and someone admited to have done it. So if you have enough money to buy Bitcoin then go ahead and buy, dont look at the exchange rate and get used to Bitcoins up and down price.
Well if you are watching the market all the time and have quite a bit of experience in bitcoin trading speculation and markets then you kinda might predict whether the price is going to go down or up in like a few hours before the real pump, but it is still really hard to predict the smaller pumps and dumps. Though if the price starts going up really quick and a lot then you might expect the price go down to smaller numbers so you can sell all some of your bitcoins, then when the price gets dumped for like 200 dollars or something you can buy it back as the price has a good chance to go up significantly. |
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Bitcoin now should be above 1300$ but as soon Bitcoin cross 1200$ these cockroches sell then it comes down to 1150$ then it rise again to 1200$ and these cockroches sell again...
Bitcoin should cost more than gold price for at atleast a month to get massive media attention, gold price right now is 1250$, so Bitcoin must to cost at least 1270$ to get it to the next level with massive media attention and investments.
No this is not speculation, they are playing with market...
"Bitcoin should be like that, traders should be like that, lalala..." why are you so angry about it, without those people who trade bitcoin daily there would be no bitcoins because there would be no markets needed for that, so think before talking too much about it. Besides that it is their job, they are making money out of it and you cannot say that they are doing only harm, if I had a chance to be a trader I would definitely do it, because even though some people are pissed because of the price fluctuations all in all you are doing good job and making decent money. |
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When will the chinese exchanges open again ?
They are open what are you even talking about? Am I missing something? |
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How often did i told you guys that we should just stop selling until bitcoin goes to 100.000$. This is so easy to do!!!! Just stop selling!!  That would not help at all people need to sell and buy |
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I have simple short answer - because price of bitcoin will be very large in future, it is rising every year, so after 10 years it might be even 3000$ or even more
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I accept them everywhere i can, i even sell some stuff to my friends for bitcoins and sometimes i make discounts on stuff i sell just if buyer pays in bitcoins
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