If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
The Bitcoin and Gold both are investments, the price does not change much compared to bitcoin. What differentiates them is that Bitcoin can be spent in the internet, but not Gold. Gold is still older than the Bitcoin, that is why it is used more frequently.
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guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance
There are many sites to trade, what differentiates them is their transaction fees, which can change your earnings. I advice you to use Poloniex, Bittrex or Yobit to trade.
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The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
It is possible that the dollar dominates the market of Bitcoins, but other currencies will still be used. Because Bitcoin is used internationally.
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Bitcoin has been rising up this past few weeks and continue to rise, what do you think? will bitcoin continue to rise at the end of the month or it will have a sudden drop?
Yes, the price of Bitcoin really increases, probably because of halving approaching, people buying more and more Bitcoins. But Bitcoin price can decrease at any time.
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The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment. But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy. As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets. What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments. You can have as a strategy to keep your Bitcoins, since Bitcoin is an investment. But you can also buy Bitcoins at a low price, wait until the price increases, and sell them.
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Keep his Bitcoins is an investment, since the price of Bitcoin change much. But you can also invest your Bitcoins in some websites that will earn you profit.
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Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely? How long do you think that happens? would it work? What security and privacy risks would it raise? And how would public and privately issued monies interact?
The written currency is very important in our societies, it has been a while. It is possible that the written currency disappears, but it will be a difficult change for peoples.
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as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
You can start trading in websites of cryptocurrencies exchange, and find some tutorials about it. But with a small amount of Bitcoins, I do not think it's profitable, because there is always a withdrawal fee.
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Does automated Bitcoin or other crypto currency trading bot can make some good benefits ? Is it good to use it ? What is the best bot ?
Yes, you can make profit with automated trading bots, but it's still risky. For example, if the trading prices suddenly drops.
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Imagine a Bitcoin revolution inside North Korea. I find this idea fascinating, of some underground people starting spreading Bitcoin around. The problem is they just have some sort of intranet.. so how would we be able to start spreading nodes inside North Korea? This would be great to start an underground economy beyond the dictatorship of that fat dude.
The North Korean government severely limits its citizens. Most of them do not have internet, few television channels and their rights are limited. So, I do not really think that they have access to Bitcoin.
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If you are a BTC lover, would you one day like to get your paycheck 100% in BTC? Personally I won't. Because many facilities in my area doesn't support BTC payment. I do not mind receiving, say, 20% of my pay in BTC denomination. I think receive your salary of monthly work in Bitcoin is risky. Since the price of Bitcoin is quite unstable, so a small change can affect your income.
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You should know that the Russians are quite present on the internet. Since their government limit them, they are turning to cryptocurrencies like Bitcoin for their transactions.
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Soaring volumes. It is normal that Japan like Bitcoin, it is a very useful currency and that you can pay with it for things on the internet almost instantly, with low fees and you can use it internationally. You should also know that Japan accepts these cryptocurrencies, so people use it.
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Bitcointalk Username: Woshib Amount of BTC needed: 0.005 bitcoins Reason: Need this Bitcoins to invest in trading of cryptocurrencies Repayment Amount: 0.0055 Repayment Date: After 3days Bitcoin Address: 1MDqDQQrLhQYTDMfvSFMLbdYLFpUC5zsLi Collateral (if any): No collateral
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What advice can you give to someone who wants to earn bitcoins online ,however not through faucets
First, I ask him to try to register in a signature campaign. Otherwise, he can try to earn Bitcoins by solving captchas, and trading.
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People here have claimed that Bitcoin is in fact controlled and ruled by China, as mining is centralized by Chinese mining institutions.
Do you think that China is controlling/ruling bitcoin yes or no?
China does not completely control the Bitcoin. Of course, China have much mining power, but no country can completely control the Bitcoin.
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
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I'm looking for a list of most trusted and reliable bitcoin exchanges.
I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.
There are many sites where you can exchange bitcoins against another currency. But I think the most secure is Poloniex, even if it can turn to the scam.
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I noticed that almost all Bitcoin exchange websites I know have a withdrawal fee. So, I want to know if there are websites that have not this withdrawal fee.
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