I think bitcoin will not teach kids about saving but bitcoin will teach them about how the medium of exchange can greatly affect the world's economy, kids will not understand in detail but atleast they will now the rule of supply and demand that can affect their financial.
Kids are not having this much of mind that they can understand these concept of bitcoin and saving and that too at the early ages of their lives. You can tell them about bitcoin as well as saving but telling them at that age is not a good thing. Bitcoin can really help all of us in learning so many good things but for that you need to have this much of age that you can actually understand the things well. |
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I guess exchanges will die. It also brings a whole forex and now cryptocurrency market down and these are places where people like to speculate and invest. This money put there will have to be invested elsewhere, so I guess we would see other markets developed or a big pour of money to stocks. I also think, that the world is not even close to being ready to adapt a one currency, because of differences in various economies and countries wealths. I mean, a loaf of bread would cost in one country $1 while in the other only $0.3 and these price ranges are too wide for a one currency to healthy remain in all countries.
There will no longer any kind of exchange and all the people who are into trader and all that stuff will have to look for some other ways of earning money. I don’t think so that this thing will happen in this world. It is because of the reason that it is really a difficult task to convince each and everyone us and especially the governments of different countries to stop using their currencies. |
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Of course he don't like it. What can be more horrible for the banking system and government both than people using a currency neither of them can manipulate. Sure, most people now get into bitcoins because of the value against fiat but the main objective for bitcoin is for people to be able to transact and save money with minimal gov't interference.
I wouldn't be surprised if banker are also buying bitcoins during dips.
I am not surprised they are buying at the dips too, both JP Morgan and Jamie. They know no amount of word will stop the blockchain technology from going on but they apparently want to have some part of it at a better price. |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
That's practically impossible, even top traders are not making a fixed amount of profit from trading, there are surely going to be bad trading days and sessions and there are also worse days, though there are good days, it all depends on how good and hard you hustle, you can surely make a living from trading but am not saying that you will always make profit on every trade because its impossible and any person or trader promising that is nothing but a fraud and should be ignored. If the OP is looking for a fixed amount, it is even better to go get a job and earn salary instead. Like you said, no way you can say specifically that you are going to be making a certain amount trading crypto, you might have a target depending on how good you are and the amount you are using to trade, but sometimes, shit just happens and you just have to deal with it. |
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I hope the country whose population of bitcoin users immediately legalize bitcoin in its area, because it will be very helpful for its own population both economic problems and transactions of goods or services payments.
This should be a great act if a country legalize bit coin, this will really help the economic problems and it will also be easy for bit coin users to use their money for their requirements and it will bring more feasibility for the users whenever they transact their money so I think that legalization of bit coin is necessary and it will be a good decision. |
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If you bought at 200$ then nowit is 6000$ that is almost 30x times profit or 2900%.If bought at 20$ then it is 300x times profit and 29000% profit. But wait if it hits 60000$ then the profit again increases 10x times which is then called mars not moon.
You are hundred percent right that if a person has bought bit coin at 20$ then he is in 300X times in profit and he is definitely in moon now but it also depend on the invest capital that how much coins you have purchased if you have purchased more coins then you are definitely mooned and as you told that if the price become 60000 then it is surely more and more higher then moon. |
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I think its better to invest because you have assirance compare to gamble anytime you will lose.. i know somehow in investing, its not a sure ball though but at least its quiet safe than gambling. You dont base in luck but you make it sure whatever you invest it will work out and that you get something from it for sure. While in gambling you alreaddy know that maybe you will not gain anything if you lose.
You are right, Investing is more better than gambling, because if you know exactly when you invest and in what you invest, for sure you will make a good profit in the future, but when we talk about gambling, we talk moslty about luck, I think it's too risky compared to investing in any domain, because in gambling you can lose at any time, but for exemple if you invest in some financial market, you can control your orders. Yes in investing also huge scam will happen but for this, if we choose to gamble it is not good. Not all sites are a scam like that we can't trust all sites also. But if we do small research we can find a good site to invest our money. The risk is there but taking a risk in gambling is better than taking a risk in investing. Haha! You are just with false and feeble logics try to support gambling. We all know very well which is riskier, gambling or investing. Investing in the right place makes you rich in a shorter time than you start earning money in gambling. Gambling is a blind game, you don’t know your target that you need to hunt whereas in investing everything is clear and in front of you. In short, investing is better than gambling. |
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im not dissapointed in trading and nothing at all.there are few instances in our life that sometimes we fail failure in times of trading bitcoins to other coins,but thats part of business sometimes we must take the risk in order to achieve more succes.dissapointed always there but its controlable if we want to fullfil being an entrepreneurs.
There are so many people who are just waiting for the profits. They don’t indulge themselves in risk and loss. Because they are afraid of it. And theirnature make them lose every important thing they have. People! You have to be bold and risky when you finally decided to start business. It is all the game of loss and profits and you have to play with risks. Be brave and be patient. |
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Bitcoin really has a future and certainly a new crypto revolution will take place in this age and many will start to believe in Bitcoin and see Bitcoin as the world currency. I think this will happen from 5-20 next year
Absolutely you are going in a right way. There is future of technology and no one can doubt in it. Now consider bitcoins, the most impressive digital currency and related to technology. Now any educated and wise person can decide and predict that in the future, bitcoin will be a tremendous currency that have a plus point of being technical. So don’t worry, just wait and watch. |
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I have been to stock since 2015. I started to invest as a day trader but I end up holding my stocks because the flow of exchange is not that significant unlike with crypto. My profit for two years of holding stocks were not even close to 100% mark up and some of my stocks were red until now.
I think crypto has far better future than stock, because stock has no return while crypto currency will give you a huge amount of money in the near future. Stock investment is very slow generator of money and some time it give you lose because of the situations, on the other hand bitcoin is far better than stock. It will give you more and more money if you buy and hold it for some time. Yes, cryptocurrency has been making a lot changes in the entire growth and usage in a combined manner. Stocks are a way good to profit, but much time and knowledge is a must. Here with bitcoin, the risk found is much higher than other schemes. If we look at the past and at the time when the concept of crypto currency was no longer introduced to this world, it was one and only stocks which were considered to be the best way of investing your money. Later on, when the things changed and since the time crypto currencies were introduced to this world, it is the crypto investment whom most of the investors are showing their interests and are investing a major portion of their investment in crypto currencies. |
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Profit taking will always occur when Bitcoin rallies strongly such as now at the expense of Altcoins but occasionally they also rally soon afterwards even if it maintains this upward trend
Currently some traders and investors are turning to bitcoin to participate in the upcoming hardfork event in November, in hopes of benefiting from rising prices, thus undoubtedly impacting significant altcoin price reductions. But I believe the price of altcoin will increase some in the next year There is a strong relationship in between bitcoin and altcoin. Bitcoin and altcoin are the top ranked coins in the world of crypto currency. Bitcoins have a very strong effect on altcoin because of the reason that when the market price of bitcoin rises high, almost all of the investors convert their altcoins into bitcoins. This way the market of altcoins gets very much low. Altcoin’s market value is very much dependent on bitcoin |
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I don't have much to transfer to exchange, so I guess whatever I have will be on my wallet and I think it is even better for me that way to avoid any misses.
However, you should note that there won't still be any serious difference if you are holding your funds in a centralized wallet where you are not in full control of your coins. You may as well still get nabbed in the process. However, since you said you do not have much, probably it is not worth considering pulling around then considering the fees. |
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
For long term investors who had bought bitcoin years ago now its time to sell because bitcoin is too high now for sure they already earned a very good profit and its time to celebrate for them 😁 That is for sure! A lot of investors who held their bitcoin up until now can really sell some of their bitcoins and start unloading their profit so they can have it in their hand and make some celebration for their successful investment in bitcoin. If you guys are still not satisfied for the profit then they you can still hold it for a longer time to have more possibility to gain more percentage of profit. Holding is still the best option prices are at 4800USD and still a lot of the investors are coming to invest that will cause pump and I am sure that it will go to 8000USD and those who are thinking that they will make more can invest now and good time is yet to come that so recommending for the hold is best thing and this will help them to secure good profit in future, |
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It is unlikely that it will control the world economy but it can play a key part in the world economy, particularly in poor/third world countries.
quite impossible of controlling the world economy because now a days the economy rate for country is unlimited i mean to says that for a worthy nation they didn’t need such bitcoins because the used to do greater dealings and bitcoins has not attained such a great status but for a poor nation bitcoins can help in increasing their economy For the time being it seems impossible because there is a lot of variations and fluctuations in the price of bitcoin. Some weeks ago the price was about 4800 dollars and just one decision eliminate the price to as low as 3000 dollars. Although it is rising again but still it is not trustworthy. But there is a hope that in the near future bitcoin will overcome the whole market all over the world. The chance to this assumption is brighter that bitcoin will world economy because s by seeing its popularity charts one can easily predict that in coming 5 to 6 years economy will be mainly depending onto the bitcoin and maybe bitcoin will be declared as the global currency of the world and that thing will be more fascinating and that time will be the epic one. |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
Of course it is as bitcoin relies on heavy factors in the market and in the world to keep it afloat. One ecample is what happened in achina where we can see a significant decrease in its price which adds to its unpredictability and volatility. This isnt to say that bitcoin din not also go up. There is no chance at all for the bitcoins to lose their value in the upcoming years. This is because it is one of the decentralized cryptocurrency and it could not be banned by a single government or country. There is no such way to get rid of it at all because of its excessive use and increasing market values on the daily indexes. |
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Btctalk name : super5star
Rank : Full Member
Current post count : 126
BTC Address : 15tnayQFEvk8yXFGpZB1BNaT8f4pMbazvN
Wear appropriate signature : Yes
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Because they (used to) represent a huge chunk of trading volume, as well as total network hashrate.
They were a major country prior to banning Bitcoin. But now not so much really.
Yes I agree with you. China is now turning towards the legality of bitcoin, although they have banned the trade of bitcoin in china but not the mining. I heard that almost 80 percent of miners are Chinese. Just imagine what will happen if they also ban mining. But now it is good to listen that China has decided to legalize bitcoin in the near future. It means that the banning decision was for some reasons. |
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I think there are a lot of definitions of the word corruption in the dictionary and I think, Bitcoin can lead to corruption based from the definition that I know. Corruption for me, is when people use something but that something is not for that people but for other purpose or other people, though in bitcoin it can be called on another word. For example, I am running a signature campaign, lets say it is A signature campaign. My campaign manager is X and been my partner for 6 years. I trusted him so much, that I put the whole 10 bitcoins to the address of the campaign. After that I didn't hear about him or what happened to my bitcoins, as far as I know, he run off with my bitcoins, and used it not the way it will be used.
You can just simplify it by saying, to exploit people and or do that is immoral.
Definitely anything that can bring power or trigger greed can corrupt people. Bitcoin like money is no exemption. Bitcoin can give people power, financial capability, and fame. If a person cannot get enough of these with Bitcoins then he can turn into a corrupt person exploiting everything he can to get more of what Bitcoin offers. Corruption existed even before bitcoin has began to operate. Yes bitcoin can lead to corruption because of the users who abuse it. Bitcoin gives many users the power and that is what people want, the power where they can do whatever they want. And that power sometimes leads to bad actions like corruption. Yep! Corruption is not related to the currency or system anyway. The corruption is basically related to the users, we people are corrupt not the system or bitcoin. Bitcoin like all other currencies can be misused up to some extent but with passage of time, we will see much improvement in the system which will reduce usage of bitcoin for wrong deeds. |
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I think bitcoin will not die anytime soon ..
There are still many users who trust bitcoin as an investment or stock trading.
I predict the age of bitcoin is still long, either 3 or 5 years into the future.
If anyone states a bitcoin will die, this is a wrong statement because for now bitcoin has recovered by showing a positive value.
more than 20 years in the future, I can ensure that bitcoin will still be there since the technology of bitcoin is very useful and it can make the world better. So, if you want to be rich in the future, try to buy as much bitcoin as you can  bitcoin is the future, A lot more then 20 years, and i can pretty sure that bitcoin will go over the dollar market and make them bow before its market.. The way bitcoin is proceeding successfully in the world and getting great appreciation form the common people, there is not even single reason for the disappearance of bitcoin in the future rather there are maximum chances of bitcoin becoming the sole international currency of the world. Dollar is nothing as compared to bitcoin and bitcoin has already beaten it badly. |
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