I've held both BTC and BCH because I'm not sure how this segwit2x thing will play out. If bitcoin forks again in November, it will become much weaker and we're back to the high fees/congestion problems.
I agree with how he thinks but only until we know how the November fork will play out. If bitcoin succeeds, see if bch will pump and then sell. The goal is to get as much out of bch because we are not certain about this coin. I don't see any use of bch except for speculation.
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I will be willing to accept bitcoin as salary but not whole. I will be willing to accept half in bitcoin and half in fiat so that I won't be too much affected by bitcoin's volatility. I can treat my bitcoin salary as investment and fiat for immediate expenses.
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Good initiative doing reviews on ICOs. This will be a great help because there are too many ICO to track and review. One question though, who are making the reviews and are they credible? We don't want this to turn into a fake review where it sems like a review but in reality it is an ad.
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Time and time again bitcoin has proven that it can rise above any adversary, fud and tactics meant to bring it down. Bitcoin has grown stronger over the years and will grow even stronger as new users and companies come in to support it.
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China has impact on everything because they have hands on almost anything you can think of. But it does not mean that they have control on everything. When bad news pops up it is natural that panic happens. Price falls but the support from outside China is intact. keeps the price back where it should be.
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This a nice giveaway and a handsome amount. How will you pick the winners?
Username: Bamboylee btc wallet address: 1P65aiJUvyDD6DU49WLq3RPLjvLDNjcyXx
Goodluck everyone.
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I have alt coins that I am holding for over a year now because I know that the value will pump really high in 3 to 5 years. And there are coins that I dump once it made above 50% profit. I know that is only the value it can become. The trick is know the coins you are buying so you will know what to do with it or know when to dump.
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I think there will be more of this coming from China. It is not good but good news is, even with this kind of news swirling around, bitcoin is still recovering when it "crashed". This just means there is strong support coming outside of China. Let it crash some more, opens up a lot of opportunities from people outside of China.
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bitcoin is not profitable anymore. you should try altcoins. but if you will keep your bitcoins you can mine.
Bullsh** For both BTC or altcoin mining only 2 things matter: Cost of your electric Being able to deal with the heat and noise produced Cover those 2 things and you are Golden. The >US$8k/mo in gross revenue my 240THs farm makes is hardly chicken feed. POS or proof of stakes coin does not require any of those. You can mine even if your pc is turned off but it needs to have some capital because you have to buy some coins that needs to age in your wallet before it can start mining. You just need to join supernodes and you are good. You check see NEM so you can find out how to mine by pos.
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If you are day trading then you actually have no choice but to select a trusted exchange or trading platform. If the coins will not be moved for more than a week, then I suggest you take it out of the exchange.
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I would love that prediction to happen but the news about china is not agreeing with the prediction. China is choking bitcoin right now so I do not think that it can grow up to 7000 this month. Maybe when this problem is out of the way, it can.
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You need a tax accountant to answer you that question. any answer here is just an opinion based on what they believe or want to be, but no professional basis. Tax law is different for every country, so contact an accountant in yours.
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What exactly are you convincing them to do? Become a bitcoin investor or do campaign for bitcoin? Sometimes it is hard to convince others to do extra work for bitcoin like we do in signature campaign. Some people are not into this. Having extra money is not enough motivation. But maybe if you can present bitcoin like an investment or a retirement fund that keeps growing or show them how it grown in the past year, they may have something to think about and maybe convince them to get bitcoin.
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That is a very small amount and can't be moved. I used to have small amount in my wallet, I have to get more bitcoins so I can move it to an exchange. You should do that as well. Deposit more bitcoin in there and move it so you can start trading. That small amount can be very valuable someday.
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There is more to crypto than just china. They can shut down exchanges but crypto will continue to survive, especially bitcoin and probably eth as well. Bitcoin has a very large community and it is not restricted in china.
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This is one of the risk in joining ICO bounty campaign. It is hard to tell if the project is real or just going to be a scam. Scammers are getting better in doing their craft. They can do good whitepaper, websites and everything needed to look like a legit project.
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Some governments are already recognizing bitcoin and cryptocurrency in general. I think the market will be very big in the future. Governments will be forced to accept it and maybe place laws that will make cryptocurrency legal.
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Before I pay, I make sure there is no other way I can take back my love one without paying ransom. I do not want to negotiate with criminals but if it involves my love ones, I'll give away my bitcoins in a heart beat. Bitcoins I can earn again but loves ones only have one life. They are more important than any form of money.
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If transaction time and fees are fixed, everything can be possible. Using bitcoin to pay any services is very possible. But right now, since tx fees and confirmation time is still very high, it is hard to implement those use cases unless the owner accepts orders without confirmation and risk double spend.
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Thanks for the information that you have provided in this article. I still worry about BTC will dump in the future, there is so much information detrimental to BTC from China. I hope not to dump BTC below $ 4000, so I pray.
4000 is still very high. If china fud persist, it can go much lower than that. But of course there is an upside to that. You can buy cheaper bitcoin when that happens. To OP, just hold tight. This is just a manipulation to shake off weak hands. Hold on your bitcoin, it will recover very soon.
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