If its something illegal, I won't do it. I won't take the risk of paying a fine or going to jail. I would rather do something to earn money than waste money on gambling. I was never a gambler so I feel that I won't be affected if its illegal. I always bet on basketball games but that is just a verbal agreement between friends, so its safe to that.
Illegal means it is something that is not legally licensed to operate so anyone who will be caught will be subjected by the law. I would not play gambling if it was illegal unless you are there to risk your life for gambling or you can hide for not to be caught by the authority. - Law will never forgive anyone who violates, as long as we work illegally, sooner or later, it will also come and punish us, so if we do not want to live in prison and hurt our family, when the government banned gambling, we should stop the gambling activities immediately. And we should not feel bored because of that, we should think positively, gambling also does not bring good results, this is an opportunity for us to stay away from it forever, many people want to give up gambling that they still can not, we have a chance, we should use it for good |
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Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc) Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox  Holding alts isn’t dangerous, unless you hodl some scamcoins. It involves higher risk than BTC holding, but still it’s not dangerous if you have some nice coins in your portfolio. LTC, ETH, ADA, Ripple hodling is less risky and quite profitable. - Yeah, all depends on altcoin that we are holding, if there is only one shitcoin and around there are always bad news, holdings will not be a good option for us, we would be very prone to freezing money then losing money in that situation. Therefore, what we need to minimize the danger is good and potential altcoin, usually that is top altcoin, and to achieve profits that make us satisfied, we should analyze the market, future trends and community of that altcoin, these are the basis for determining the value of coin |
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I don't think you will get good rewards for cryptocurrency loans. There is no guarantee whether they will pay % at the end of the day, everything should be in your control, otherwise, you will be in loss. So don't give any cryptocurrency loans to unknown persons.
- You say only partially correct, although loans are very risky and not guaranteed but in this forum there are still some people who are very successful with loans, they can control every loan and choose reputable people, then what they get is easy money. However, that is just some people, we can hardly succeed as they, we have no experience, if we have loans, the loss is definitely going to come, so the best thing is that as you say, there should be no loans for strangers, even acquaintances in this world, scam too much and greed always can destroy relationships |
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I dont have any plan to sell my bitcoin, I have plan for a longtime to hodl
I am believe that bitcoin is the future of money and the best investment in the worlds
- For bitcoin, holding it for a long time is probably also a good choice but you are an investor, you should put your profits on the top, you should have plans to sell your bitcoin when it reaches a high price then buy it at a lower price, Bitcoin always has high pumping times and a strong dump in the year, you should take advantage of that to make money. With other coins, we should have plans to sell depending on the type of investment, short-term, medium-term or long-term, then the profit target is dependent on our level of greed and analysis, but remember that number should be reasonable |
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i'm just curious if how many percentage of all the people on earth know about Bitcoin. in my country i think only 10% knows about it. post your opinion guys.
It is hard to know the exactly percentage on how many people in the world that know about bitcoin, there's so many people that knows about the CryptoCurrency and some of them are ignored it. But in my country I think 25% on people knows about it. - I read a news on the internet about this issue, and they say that the number of people who know about bitcoin in the whole world is about 1% but that was a few years ago, perhaps now the number has increased. That may be 5% or 10% because we all see very clearly the strong and breakthrough development of bitcoin, however, knowing is a problem, investing is another matter, most people are always afraid of risk from bitcoin, Bitcoin in the minds of many people is still a scam and unrealistic |
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It's not really a future money, because it has a big difference compared to money, Fiat do have backed deposits specifically gold deposit on a particular country. What really fits to bitcoin is the future of payment method or medium of transactions as bitcoin can be a payment from buying goods or services. - I think what you say is not correct because Bitcoin too special, most especially in the unstable, it's a factor that makes it hard to become a currency but the appearance of bitcoin, it opened a future of technology on money, countries will build their own currency based on bitcoin, so say the bitcoin is the future of money is also the correct part. Payment method in the future is impossible just because 2 reasons, the value is never stable and without the support of government, it prevents the footsteps of Bitcoin to this path |
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The values of Ripple might be able to reach $5 USD if we are able to see another bull market in the crypto-currencies market lead by bitcoin, but looking at the slow recovery of prices on bitcoin and altcoins in the crypto-currencies trading market at the moment, it might take a long period of time before the next bull market arrives.
- Well, reaching $ 5 is possible but exactly as you say, it needs a long time because the value of ripple is quite low, it provides an opportunity for many people to accumulate and hold it for a long time, and of course, whales know that, they are the market manipulators, they know the psychology of investors, if they pump heavily, investors will sell very quickly, they will not earn too much profit. They will make investors depressed and give up, and after they accumulate a large amount of ripple, they will pump heavily, this is their strategy |
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I short I will say that those people who stay stick with trading and do not give up and spend a longer period in gambling then they can continue to be expert traders and then they can earn a good income from there without any disappointment.
- Well, disappointment is truly a stage where we need perseverance to overcome, that's what happens to all traders, a challenge, a door that traders need breaks to develop stronger on the way trading. Patience and effort will bring us good results, trading is a world that needs those things, we can not force ourselves to win forever, it is impossible in this field, we must go through the loss then improve and become better, do not let disappointment make us lose faith and give up, everything is just a start |
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I think bitcoin will last for a long time & I can see it until I grow old, it will become stabilized and many users will continue to use bitcoin and support what ever its price, even though high or low. It will be legalized in many country and become alternative currency all over the world.
- Legalization with Bitcoin is still a problem can not happen when the government still does not want to participate in the world Bitcoin, the effects of bitcoin are still too scary, they can not risk their economy, alternative currency is still a farce. The time that bitcoin exists is still a big question for all users, we can not know this, we are not saints, so, instead of thinking too much about the future, looking for more ideas and work to increase the amount of bitcoin we own then sell at the highest possible price, it will be more useful |
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
I agree. Bitcoin will not be able to completely replace the usual money, because small purchases will be unprofitable to do with this coin. Perhaps other crypto-currencies with a lower commission for transactions can replace conventional money. Bitcoin is much different from paper money because Bitcoin doesn't have a stable price like dollars and other banknotes. - Thus, with a realistic look, bitcoin really can not replace the position of cash because want the transaction becomes more convenient and does not happen any problems, Bitcoin will need a fixed value and time to confirm the transaction needs to be faster. However, features of Bitcoin against that, stability is impossible when market demand and manipulation still exist with bitcoin, time to confirm the transaction is also difficult to improve in a short time, this takes a long time to develop, synthetic all, the possibility that bitcoin replaced fiat is too low |
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I believe that bitcoin will not end even though there are other cryptocurrencies occuring because some of them are dependent on bitcoin like altcoin and some don't have great qualities that bitcoin has. We can also see that bitcoin's value increases everytime which proves that it is still strong and competitive, and it's getting more popular to people as days goes by.
About your question if its too late to invest? Well, it's never too late to invest. Better invest as soon as possible. But make the best decision and invest when it is the right time.
- Someday, the bitcoin will end, nothing is permanently in this world, Bitcoin will always have a certain usage value and when it expires, people will remove it from the market immediately, other cryptocurrency will replace it and continue to grow stronger in this area. In short, this probably will not happen when the bitcoin still can be strong enough against all, it will need to go through some more development stages before it ends, therefore, it is not too late to invest in this time frame but as you say, as soon as possible, it will be safer and more beneficial for us |
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i think this is not possible because there are people that does not have enough knowledge to use bitcoin and computers. real money is still important for those people who does not use computer. Real money is the primary uses for transactions of all people around the world. bitcoin is only for people who got knowledge about using computers.
- Exactly, this society is not perfect, not everyone has enough knowledge to use the computer, with some people, the technology is still too alien to them, forcing them to use cryptocurrency is too troublesome for them, cash will be more convenient to them. When the society still has the poor and the government still protects the real money, cryptocurrency will not have any chance of making real money disappear, demand for real money is still too great while cryptocurrency still does not create credibility and make people prefer to use it. |
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Personally for me.If you are financially secured already and you want to give all your time in doing bitcoin then I think there is no harm in quitting I believe that bitcoin is already stable. I know some people who are earning a lot in bitcoin more than there monthly salary quitting there job.
- Income from bitcoin is difficult to stabilize when the price of Bitcoin fluctuating abnormally, we will need time to convert the bitcoin into cash at the right price, and if at that time we do not have the money to sustain our lives, that would be a terrible thing. So even though we may have high incomes but we also should not focus on it, a very clear evidence is that we should look at the market right now, can not predict, if we quit job, we will have nothing to do at this time, participating in bitcoin is also very easy to lose money and no participation would be no money, the situation is too bad for us |
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What do you think should be done?
These days bitcoins are not given directly in campaign but tokens are given and very less campaign give bitcoins purely.
What would you do?campaign or trading?
Trading is quite risky if you have not enough knowledge about trading than don't try it. I will prefer you Camping it's give token which you can convert to BTC and it's also easy to work than Trading. - Agreed that the trade would be risky but if we were afraid of that risk, it would be difficult for us to get bigger returns, risks will always come with infinite returns, we should remember that and try trading, fear will not help us become rich. Signature campaign though safe but the income from it when we participate in altcoin is very dependent on luck, participation in bitcoin will be very fixed, in short there are some restrictions on income, so we need to combine with trading to get a better return, it will not be too hard for us |
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Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
because gold is a precious metal and hard to get, in ancient times gold used to make payments but for now gold used as luxury goods and jewellery so for now, no one makes payments using gold, because gold is a luxury .. that's the reason why people think gold is the best .. - Gold has a long historical tradition, it exists over time and gives many people a wealth, a huge source of profits, especially it is very stable and safe, people still choose it as a saving asset for the future of the children. In short, it has created trust for everyone, the features of gold make people feel it is a good choice for investing in this society, however, this will soon change when cryptocurrency growing strongly, gradually gold will no longer fit the requirements of society |
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I think not. maybe I used to think that trading is like gambling. but after I do it, it's like selling and buying an item. it's just that the rise and fall in prices is very difficult to predict. besides, you do not instantly lose the money you have if wrong prediction.
- Certainly not, many people are still mistaken trading should be considered as gambling when it has many similarities with each other, the same is true, but the nature and mode of operation is very different. Gambling is created for the benefit of the owner while trading is created because the benefit of all traders, want to make money, participate in trading, want to have fun, participate in gambling, very clear, and exactly as you say, with gambling, losing is losing all but with trading, losing is not losing everything, we can still wait then return with a profit |
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For me, bitcoin is now recognized around the world, but the percent of people or establishment that accepting bitcoin is still meager because some people still think that bitcoin is a kind of scam or fraud. But when you imagine that bitcoin is acceptable around the globe, I’m sure the result is very superb. Bitcoin will be very expensive, accessible and many people will become very wealthy. I’m hoping that in the future the percentage of bitcoin’s and other cryptocurrencies acceptance increase.  - I only see bitcoin being recognized in some parts of the world, there are still many places where people still do not know bitcoin and some governments still can not accept bitcoin because bitcoin is still a tool too dangerous when it's used officially. Hope that bitcoin recognized around the world, that would be a very distant day, even that day will never come, however, if that day really happened, maybe I would become a new millionaire in that society, I will be one of the proofs for success with bitcoin, help people believe in Bitcoin more |
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I'm doing my best to change things for the better but it's not up to me, so I do not get upset , I tell myself I did everything I could, Today I lost, tomorrow I will win.
Wow, A great confidence, thinking positive result help us to control our emotion when there's a hindrance in our goal, like earning money. The best solution to manage our emotion is the experience, because if you have this you have a right decision and you know the best time to earn money. I manage my emotion by just doing something make me happy. Here in crypto everytime the price of many coin down i just didn't look the the and move on in some few days to control my panic emotion. - I think instead you find something happy to avoid problems, you should focus on the problem and find a way to deal with it, your emotions are panic, you should try to face and get used to it, this may be very difficult but gradually you will feel easy. Leaving and not looking at the price will never be the wisest way to manage emotions in this market, it only makes the fear become bigger, sometimes it also causes you to get more losses, so hear me, face it, you can avoid it now but you can not avoid forever |
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We don't really need BTC. I hate when I see people trying to convince others to sell everything they have to buy BTC, it's disgusting. Bitcoin is a lottery, you shouldn't use the money you need to pay your bills and buy food to bet in the lottery right? Bitcoin is kinda the same thing. People should invest money that in case they lost it wouldn't be a big deal you know? It's a long-term investment, however, it's a bet. You can win a lot or you can lose a lot too. Are you brave enough to deal with this risk?
Actually, yes we don't need Bitcoin but if you are broke and needs an extra income, you need this investment to gain money. Yes you are right about those people who is influencing new comers and beginners to sell all that they have in order to buy Bitcoin. I think they should just treat Bitcoin as a side line job for them to earn a bit of extra money to support them to a certain need. They should just put a little investment and see what they can get, after all Bitcoin has already gave a lot of people profit. - But I think we need bitcoin because although I know bitcoin is also risky and dangerous, this is a big gamble for us when we put all the money into bitcoin, however, it will bring a richer life than ever before, that is one thing that most of us have always wanted. This risk is worthy, Bitcoin is the best chance that we can change life to another page, missing it will be a thing to regret, ratio to win the lottery is very low but people still dare to play, bitcoin has a high winning rate, if people do not participate in it, that would be a stupid thing |
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no, I already understand about bitcoin fluctuations, so I'll never be surprised at the suddenly rising bitcoin prices, and then drastically down. when today bitcoin prices dropped dramatically, then chances for the boy again is also very large. so hodl and be patient.
- If you join Bitcoin very soon, I think when you look at the price of Bitcoin now, you will be surprised because the value of bitcoin breakthrough as a rocket, it breaks all our thoughts and predictions. Personally, a person who participated in bitcoin when the price of the bitcoin was just over $ 300, I was really surprised when its value exceeded $ 15,000, and this only happens in a very short time, and not stop there, it continued to show me signs of continuing to rise, if I was not surprised, it would be a strange thing. |
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