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they can not be controlling bitcoin just by having big mining farms, there are bigger mining farms in other places of the world and having the largest population is also not a good argument about them and controlling bitcoin
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Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.
It can be possible in the future if banks can accept to implement the bitcoin inter-fracture in to their banking system You're wrong the bank will never to do that, they just taking any things is very useful for them and I don't think so the bank will take their rival to infiltrate into their system, never and never. maybe just copied the bitcoin system it's possible for the bank. but it can be possible in the future. because bitcoin has been so profitable so far and it will continue being proftiable in the future too. so banks like any other financial institute out there LOVE profit and can enter bitcoin scene to use this opportunity to make more money. |
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Yes, at my opinion bitcoins is very promising currency and i hope that someday bitcoin will become famous worldwide currency. I believe in bitcoin.
i think that you are right, bitcoin will replace all the fiat sooner or later, it is inevitable and i think the more bitcoins you will own by then the better life you will have Even if it doesn't replace any major currency we should not mind for that as fiat is doing its job and bitcoin is doing the same, the only thing we want is to spend it at local places. bitcoin will eventually replace online currencies at the very least. so you can be sure about a very good furure for bitcoin. and that change alone will make bitcoin a lot more popular in the world and the price will go through the roof for sure. |
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If bitcoin without altcoin happened, all people will focus at bitcoin and it also affect the price of bitcoin for sure, because many people not using other altcoin beside the bitcoin itself.
correctly . altcoin is driving the price of bitcoin. without altcoin bitcoin prices can not be affected. with altcoin the spread of crypto coin competition in the world will be evenly distributed. bitcoin will continue to move up and down. i don't agree with this at all. altcoin has never had any effect on the bitcoin price. a while back there was some FUD being spread all over the internet about bitcoin by Ethereum supporters that lead to bitcoin price fall back down to $390 before the big rise but that is all the effects altcoins has ever had on bitcoin. |
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i can even choose trading over gambling with my eyes closed and not thinking.
gambling is a bad way in general, and it can even lead to much worse things like addiction to gambling which will cause a lot of money lost.
but trading if you are an expert in it is an excellent way of making money and lots of it if you can keep it up on a consistant basis and be successful in it.
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what is the ethereum for? is it possible make money from it?
it is possible if you did some trading with it though if you will just hold then you will lose your money because i think that its price is going to drop yeah. ethereum both of them are good for a short term investment and nothing more. because they are both super risky and become riskier and more unstable as the time goes on. |
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Someone just argued with me that gambling can be done by kid too..  Absolute nonsense! Gambling is all about real money and high risks - not to mention it can cause strong addiction. So, I'd say gambling is one of the worst things for kids. thats true, gambling is only for adults because it might make people lose huge money and that would be really bad if kids played it Yeah, kids are not ready to lose their money on gambling but adults are ready and have self control on gambling. If kids do gambling, it's really risky for them. kids don't have money of their own but only the money that their parents are giving them so losing it would be like losing another person's money and since they only receive a small amount of money they can't really lose a lot but it is still wrong for kids to play gambling. |
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Bitcoin is not worth more than normal currency to me, but it certainly worth a value to me. You rightly said that the normal fiat currency doesn't have the potential to go up like bitcoin, but fiat is the only currency we use in our daily lives. I receive my salary in fiat. So no other currency can replace fiat from my life.
On the other hand I think bitcoin is surely worth my time and energy which I use every day to earn bitcoin. I treat bitcoin as an alternate investment and not as a currency.
how can it not have the higher worth than regular money (fiat) for you. bitcoin is a great thing and as a good investment that has been growing up for years now. so it makes investing in bitcoin and having it a lot better than only having fiat with the same value as always. |
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i will never sell my bitcoin.
but if there is a bubble that is created after a price surge up then i would try to make the best decision and sell on the top of the bubble and then buy back shortly after when the price fell.
but bubbles are rare these days.
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I will hold it for a long time and wait to increase to a nice price, then I can sell it with a lot of profit in the future and that would be perfect so I have also more money and that is nice.
I think it would be very unfortunate if you just hold it. after all it's just a gift why do not you try to replicate or grow. I think it would be great. after all if you lose you will not get any downsides or lost right ? because it is free money given by other people right ? it is better to grow it, rather than just holding. but if he is afraid to take risks and do not have any skill to grow, not so bad just hold. investing and growing bitcoin is the best option but sometimes it is a lot better to just hold the coins in your cold storage rather than investing them in some shady business that is going to run away with your coins like these cloudmining ponzi schemes that start hot and go under fast. |
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If you ask me I would rather choose bitcoin wallet..why because I risky.. The bank could liquidate and stop operations. That could be risky having your money there...but bitcoin wallet is secure and your money is guarantee save...and its there for you to use etc
Not if a security issue I choose a bank because the bank has a security guarantee could reimburse us if lost. While bitcoin wallet can not. Bitcoin wallet only to invest in my opinion and the bank to save money. Both have their uses each were very helpful. But why must there a people very dislike about that? the both of them is very useful and they do not believe about that and keep their believe and glamorize a one parties. Maybe I can call this is so fanatic but the never realize about the real condition if the both of them is covering other. like the bank cover the disadvantages of bitcoin. to each their own. both of these options are good viable options that we all use and like whether some of us admits or or not we are all using banks and bitcoins both and enjoy the services they offer us. |
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i wonder who would want to try a site that is already proven to be bad and hackable.
they have already lost a lot i wouldn't want to risk my money there any more.
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The fastest way of earning bitcoins is mining obviusly, but you need to invest good money on your hardware and be also experienced, but it's not good path for newbies.
i cannot agree with you, the fastest way of getting bitcoins is just buying it, though if you want to make it for free then the signature campaigns might help why would a newbie buy bitcoin if they have no idea what bitcoin is? mining is the fastest way but you need a good capital for it and it is not recommended for newbies, sig. campaign,trading,faucets is a stepping stone for newbies to start earning and when they are familiar and have expirience with bitcoin they can start earning faster than before. Yes, mining is for who has a lot of experience not for who just started to know what bitcoin is. I think the simplest way for newbies is buying it and some other ways is fauceting or doing any small tasks in service sections. But any people (both beginners and experienced) must realize earning bitcoin is not a possible fast process. You need to build your Rome (as Rome is not built in single day) similar to how other people are doing. Mining. Yes. But not in this age. You will need a lot of money to start a mining business. A fast and really strong computer plus bills to pay. I wouldn't go that way. Maybe if I have a managet then I might. But now it takes a lot of capital to get ROi. Mining is no more profitable now, it needs high capital to invest and if electricity cost is higher then its difficult to make profits from it. some people insist on saying that mining altcoins is still profitable and although i have never tried it but i did some calculations a while back and i could conclude that mining even altcoins will not have a good ROI with my electricity bill. |
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trezor is too damn expensive for the security it offers.
that is why i guess it is only good for bitcoin-rich people.
right! what about a offline usb stick with the key on it? And after you use it just make a new address. better yet, use a paper wallet for storing bitcon for a long time. and use Electrum on an offline computer if you want to spend the coins easier but still keep things offline. |
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there is no easy way of making profit ever in the world unless you want to scam people or hack bitfinex  and in gambling since it is a hard game of chance and luck , you will lose in long term so it is better not to think about it in terms of profit making. |
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the interest towards ETC comes from users, those users who believe that altcoins should be decentralized and they must be without any manipulation from the developers and whales.
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it is a way to loss time and money . you will never got anything through gambling recently i have lost 0.0001btc at freebitco.in since it was my collection of per hour . never enter in the way of gambling
For a gambler, that loss would look like a cent... But anyway, it's good that you realize earlier that you have no future in gambling, but that doesn't mean that gambling is wrong, it depends. For example, there are gamblers that don't look much at their losses, they are looking forward to see the result. you have to come to your senses at some point. it is the rock bottom for some people and for some others it happens when they have not yet lost a lot of money. the later is a lot better becasue you still have something to fall back on. |
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Just stick with Lisk!
agreed on this. as a long term investment i believe Lisk has a good future ahead of itself and the volume and support for the coin has been so good so far. |
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that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.
I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack. The probability of that happening is not negligible. All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures. Unfortunately, when some exchange goes under, Bitcoin's price gets affected. So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw. this is safe but not practical because you can not trade actively this way and you would have to withdraw without taking a postition in the orderbooks. it is only good if you want to make a long term investment. |
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i always wished that bitcoin price was so high that i could sell some of it and have enough money to buy a house for myself. or at least have enough money to buy a house with a bank loan on top of it.
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