I believe so because nothing is permanent in this world. There would always be changes. Some say that it's ETH and now it's ETC. It really depends on the people. Someone will create or already created a cryptocurrency that can make the bitcoin obsolete. It may not be clear now but in the future when someone will be interested in that certain cryptocurrency and pump its value then maybe bitcoiners will transfer some of their funds to that cryptocurrency and later on make the bitcoin's value lower.
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Hi Mr. Lutpin,
My total post for the current week or until Aug 4 is 125 but my post count in the google doc is not updated. I did not received payment also. Please update. Thank you.
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Mostly we are desperate to earn money because we don't have enough of it to have a better life, some of them if they stop working, they will stop eating too and some if they stop working, house rent or internet bills won't be paid.. It's difficult to tell if we already had enough specially if you are not from a wealthy family or you are living on your own or worst you're the bread winner. Not just in bitcoin, even in real life, if we find extra jobs that we know could give us money, we'll do it even if it would take almost half of our rest in the night. To be honest, I became interested in bitcoin not because of the new technology but because of its earning potential. I needed to do something to augment my income and luckily I bump to bitcoin and learned so many things about it. I believe that bitcoin is really one of the potential way to achieve our dreams and goals in life and the ultimate dream of having financial freedom.
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Bitcoin is basically a coin of tech savy people. So I guess, most of the bitcoin users are within 25-40 years of age.
Like I am now 30 and I know few more people who is within 27-30 years of age bracket. usually old people are not that much tech savy people. Hence very less amount of people above the age of 40 uses bitcoin, That's what I think!
Agreed. There's a lot of people in 25 - 40 age range that needs to find side jobs, and bitcoin is a great way to earn some money. I think so too that the age of 25-40 age range are mostly the ones who use bitcoin. They are the ones who are more exposed to the evolution of bitcoin and the evolution of new technology and the one who can afford to buy bitcoin because most of them are employed and has an extra money to spend some in bitcoin and also needed some extra income because this is the phase where mostly people are starting to be breadwinners of their own family.
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I'm still quite young in bitcoin world. I learned about it last year but I'm not interested yet only five months ago that I really began to be interested about it that's why I discovered this forum and I'm planning to stay in the bitcoin world for as long as it takes and make this one of the ways to achieve my dreams.
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I need at least 2,000 to 5,000 BTC to retire. I really hope that I can achieve that amount of BTC so that I can retire comfortably and have a peace of mind.I would invest that amount in an investment vehicle that would let me earn interest that is enough to support my expenses monthly.
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Aside from signature campaign, you can offer your skills and exchange it for a bitcoin. You can also earn from faucets but it will take too much of your time. You can also do gambling and it's one of the fastest way to earn that amount in no time but you can also lose all the bitcoin you accumulated as well so this is very risky. Be sure not to be greedy and can control yourself. You can do trading and this is also risky but you can minimize it by studying about it and knowing its ins and outs.
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I think below 10% of my money is in bitcoin right now because I still have so many expenses and I still support many people so I can't concentrate on investing my money in bitcoin yet but I plan to put 50% of my money in the future when there's not that much expenses anymore. I plan on investing in bitcoin related investments and some also in non-bitcoin related investments for diversifying purposes and to have multiple streams of income.
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need: Method ( i must have system trading) Money ( i must have management of money and risk) Mind ( i must can control my emotion) Tell me your opinions?
You need this three in trading for sure. You need the method to know what will be your position in the market,when to enter a trade and when to get out of a trade. You need money as capital and be sure to know how much to trade so that when you lose in a trade, you still have enough to make a position and have a chance to gain back what you lose. The mind is needed and be sure that you remain firm in your decision that when you make a trade, you already set a price to take profit and the price of how much you can afford to lose. But the important thing in trading is experience because along the way you can learn so many things that you can use in your future trades. As what they say,experience is the best teacher.
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If a buyer wanted to buy BTC carrying big amount then he should at least have someone with him because there are many opportunist in this world especially when it comes to money. Yes it's a safe option to meet in person especially that a big amount is involved but there should also be extra precaution in doing the transaction. You cannot trust someone totally especially if it's a stranger.
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I would choose bitcoin because I can store it in my wallet safely. I am not in danger of any thief because they don't see something valuable that I have. I also believe that bitcoin has really a potential in value in the future. Although gold is already stable and a safe haven for investment, other major investors are already seeing the potential of bitcoin backing their investment so I have faith on it as well.
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Bitcoin is really a relief especially for people working abroad because instead of sending it through western union or other money exchange, we send it directly to our relatives and friends with just a minimal fee. There's no need to fall in line that is usually long when it's payday and we can instead use our time in doing things beneficial to us. We can send bitcoin anytime and anywhere unlike when we send it through western union, we can only send it if we have vacant time and it's usually after office hours wherein instead of resting after working, we use our time to queue and send money that is lesser than the intended amount because of expensive transaction fees. So in all aspects, bitcoin is really better than western union.
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The first time I bought BTC was just last April 2016. I just recently discovered that I can make use of BTC to trade and to buy other things online and the potential of it to increase in value in the future. I actually knew about it last year through an officemate but I wasn't interested because I have other things to do and I didn't know the potential of bitcoin yet as it is foreign to me but now that I already have an idea about it then I'll do my best to use my knowledge in earning more BTC.
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I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
It's possible that the members can decide to make the price go up if we all agreed into it. I'm sure that there are members here who hold big amount of bitcoin and when others having small amount will add into it then the amount accumulated will be big enough to manipulate the prices. The problem is that when there's no bitcoin anymore to pump it so the price will start to go down and those who bought when the price is still almost in the ceiling will lose. The bitcoin price never fall as what you say will not happen because time will come when there's no one who is willing to buy because he/she is out of funds or afraid that the price will fall especially if the price is already too high.
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Sometimes relatives and even family member are not easy to let you borrow money, its maybe because they dont have money, they are greedy, or they dont trust you. But moreover you must have a collateral when borrowing money as a guarantee that you will pay them back. If you dont have a collateral to the money you borrowed is hard to find easy loans or to have someone let you borrowed some money.
Yes, I agree with you that some relatives will not let you borrow from them easily not because they are greedy and doesn't want to help but because the borrower broke their trust before or lied to them just to get money. It's hard to trust someone again that broke your trust before. Sometimes, some relatives will only know you when they have money but then if they don't need something from you then they can't be seen or in times when you are the one needing their help, they won't help you. So if one is desperate for money and the only choice is to borrow from someone,make sure that you can pay it as you promised or else there is a chance that you can never borrow again from that person.
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I want to ask your opinion of how you think bitcoin will be like in the next two years from now From my own side I think it will rise
I think bitcoin price will be around $1,500 - $2,000 after two years. From what is happening nowadays like inflation and problem in some countries economic conditions, the value of the fiat currency will fall and then people will find ways to guard their assets in which bitcoin will be one of the choices if they are aware of it. According to the news, major investors are already into it and I think they will do something so that bitcoin will be profitable for them which means increase in the price.
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Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?
For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?
I don't have a child yet but I'm saving Bitcoin hoping that it's price will rise in the future and then I can make use of it to invest in something not Bitcoin related. It's my plan to have multiple source of income because I'll never know what will happen so better have security and make sure that I'm still earning even if my other investments failed. I'm hoping that the price will really rise so that when the time comes when I have children already then I can provide for their needs not worrying about money anymore.
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bitcoin for me in daily life is really important, i spend a lot of time with it and i make some money from time to time, bitcoin is really great
yeah just like me when I'm in a state holiday or return to work at every day. I always took the time to look at some of the forums and get bitcoin and then using bitcoin to buy something. yeah it helps to combat loneliness after work and during holidays Before when I have no idea about bitcoin yet, I used to just watch movies or play games after work but now that I discovered it, I'm in this forum after work reading, learning and earning. I'm glad I learn about it because aside from having extra income,I learned a lot and I'm interested in using bitcoin as one of my source of income by using it in my business someday and hopefully earn a lot from it to cover my expenses that I don't need to have a job anymore.
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Survey done! Happy to learn that someone is doing research about bitcoin. I hope your thesis can help in solving some problems in the bitcoin industry and make more people being aware of it. Good luck with your thesis!
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When I bet on something, I make sure first that it is paying by research and I can find a lot of information on it in this forum. By depositing my money, it means I trust that site or that bitcoin casino site and hoping that I will be lucky to win and get back my money plus profit. I believe a casino site is legit and paying if it is what the review by others say. Maybe the ones that are saying they don't trust bitcoin casino lose their money into it and then try to get back into them by saying they can't be trusted.
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