if someday bitcoin will disappear then bitcoin will disappeared i provably cry or something like i want to bomb the whole world 😂😂
Lol if BTC disappeared, I would bet every penny I have you would cry and not bomb the world  You could not get the finances for such a job. Orginal post, I'd do what I always do. BTC does not play that bigger part of my life for it to effect it in anyway should it disappear, not that it will. You're right. If you want not to cry someday, then don't just depend on bitcoin. Find any stable job right now so tha if bitcoin will disappear you will not regret. There is so much alternative to earn besides bitcoin. If your life is dependent only on earning from bitcoin then only god can help you, as it is very risky and not affordable to depend only on bitcoin for living. |
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I have used Paypal in the past but I was not satisfied with it, So I started to purchase with credit card but in future I will only use bitcoin for making online payments.
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if you know whats bitcoin is you will stay on this site, if you had bitcoin a beautifull future waits you, just saying but its true  It depends on Bitcoin and that is very risky. It wont hold for a long time I think. Because the value now is quietly low too. So Its better if you have a daily job and see Bitcoin as a bonus. So you can earn some extra money with Bitcoin. Yeah bitcoin is good as an extra income but depending only on bitcoin with current price would not be affordable, as if price falls more in future then it would be really risky. If you have an descent job paying you an descent salary never leave it, compare the benefits that you are getting from full time job with bitcoin, full time job is more worth then a bitcoin. Full time job is always better to have, as it is providing us stable income and also the financial security for the future which bitcoin can never offer us. |
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I think bitcoin's price matters all people, not only trader. If the price of bitcoin is high it will attract people to start using bitcon, because the price is high and good for investment.
If the price of bitcoin is high, I see most of the newly engaged in the bitcoin world will not have the guts to buy at that "high" range of price to make it as an investment. But on the other hand, it will make them boost their efforts and work to earn bitcoin from doing other bitcoin earning method without the use of their fiat money. Well, newbies mostly don't care about buying at high prices as they buy without thinking hoping to make high profits. Greed is boss over them. That's why you mostly hear them saying : When I buy the price goes down, and when I sell the price goes up. That's because they buy at the peaks. During the initial stage newbies will do this mistake but they will understand the reality when they completely involve into various discussion based upon the bitcoin price. Some people will only learn when it costs them money. If they don't make any mistakes, then they will not learn anything. I think we all started with making losses when we started with trading. That allowed us to understand how the market works and respond to the price going up and down to benefit from the volatility that Bitcoin has. Bitcoin price is one of the most important thing in Bitcoin if it doesnt matter than there is also no reason to have some Bitcoin, so it is very important for all Bitcoin users. The price must only rise now so we can make profit soon and that would be nice. Yes I bought at $250 so I sold some coins last week and again have bought few coins with current price as I believe that the price would be higher at the time of halving. |
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If I have 7 btc then I will surely prefer to hold till the halving, as if I go for gambling then I am sure I am gonna loose everything and that would be the worst feeling.
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How safe is it?
safe is nothing ... but i think you win when you buy bitcoin before the blockhalvening... Buying is a good thing at a moment as we will be enjoying higher profits by selling at the time of halving, so hold good amount of bitcoin is always a good choice. |
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I will prefer to earn from both of them as jobs has some unique advantages that bitcoin doesn't offer and if you have a good job then you can also expect good retirement.
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I think bitcoins is gradually will be a global currency because some stores online are accepting bitcoin as payment and i think it will happen after few years.. or in this following years...
It will take long time to become a global currency as it is not popular at a moment and once it gains popularity it will become more powerful in future but I don't think it can become global currency. |
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As the title say, what is the proper way to teach someone about what is Bitcoin?
I say one should first of all times, the wikipedia page read ... and possibly the white paper of satoshi Nakamoto ... I think if the basic interest for bitcoin is there and the one who has reading this, he read also usually more about the theme... if I start to explain, i not know where to start and where to stop... I know when to start and when to stop but the fact is I don't know what will be going in a mind of the person whom I am teaching, the only thing is that my time should not be wasted. |
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Hey so i recently got about 1,5 BTC from a service i started and now im wondering what i should do with this. Any tips?
Hold, and sell after the Blockhalvening...  That is the smart thing to do, do not experiment with your coins like trading or gambling till the halving occurs, if only holding can give us good profits then why to risk it? |
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No matter what will happen, 2016 will be interesting because of the halving. Although i am not sure what kind of impact on the price will happen.
Right now i got a gut feeling the price will stabilize around the 600 mark at the end of this year.
yeah it's not a problem for me $ 600 seems to include a high price. but many people expects more for halving. probably many people will be disappointed. because the price is not more than $ 1,000. I'm afraid they will do stupid things that harm bitcoin Yeah majority of people who lacks patience will get panic and will sell at the lower price and big whales will take advantage of it, which can be harmful for bitcoin. Yeah the people who afraid of the price drop do the he'll that they sell their coins, they don't even have the patience to wait for few days, if huge price is not there, we can expect a reasonable price rise. I have patience. I did not sell a single coin when the price was $1200. I believed the price could rise further. You should have sold some coins when the price was $1200, I think you missed the boat, as I feel now it will take a long time to cross $1200 mark in future. |
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Earning leaving with bitcoin is very hard i think unless if you have a money to start a business like faucet.. that it can be passive income in few months.. and always depends in your promotion.. if you are professional in marketing you can make more impression and you can make lots of visitors fast.. and if you perfectly make even 1k visitors a day your faucet will be profitable i think.. and you will earn high amount of bitcoin passively..
But that doesn't gives you a guarantee that you will have a stable income and what will you do if you don't find traffic on your site, I think that can be very risky. |
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Nowadays everyone is buying bitcoin, as everyone know that in the coming future the halving will occur and the price will increase to a high level, and everyone will get a double amount of return with bitcoin.
Nothing is guaranteed at halving as anything is possible with the price of bitcoin, but lets hope that price will go higher at the time of halving and we enjoy higher profits. |
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I only buy bitcoins when the price is good and the chance of making profit is also good and not just a speculation.
I must say the bitcoin is not to predict of course but most likely there are some signs where you can base the future on.
I buy my bitcoins on this very exact moment, it will be the best time now. If you invest in bitcoins now you can make a lot of profit in the future of the bitcoin. Just hold your bitcoins long enough so you can say that you make a lot of profit on your bitcoins. You have to choose the moment from when you think that the value of Bitcoin is going to rise and it is also not smart to buy some Bitcoins at a high value because that is not smart. It will be better if you are buying before the halving so the chance will be higher that you can make more profit later in the future and that would be nice for you. yeah i agree with you friend now I am waiting for bitcoin when decrease price in bitcoin that time I want to buy bitcoin and some days after when increase price in bitcoin then that time I sell bitcoin with good trader and i can take profit. I don't think that price will fall at a moment, as price is stable now and will grow in next couple of weeks so even if you buy now you can take an advantage in future. |
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Saving money is not that bad but if you want to earn some money with Bitcoin than you have to know that you can also make in investment and sell it later.
And investing is not that bad because you can see that the value is now not even high.
If you are looking to invest your money into bitcoin then I think this is the right time as the price is not too high and if you invest with current price then you can earn higher profit in future. |
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Have you tried stock trading? I've heard many people getting a lot of profit from doing it.
What this has to do with the topic? BTW.. if you are interested, then you can try gold trading using the stock exchanges. There are two options. The first one is the ETF (Exchange Traded Fund), which is also known as "paper gold". The second option is to trade in gold futures and options (F&O), but I should warn you that it is a very risky option. Not a fan of ETF's, you are only trading promises not actual metal. At least with bullionvault you are trading allocated gold and can take delivery of the physical metal if you choose. Bitcoin and gold are both nice to use, but gold is not compatible online and that is the problem and everything is also getting more digital and that is not good for gold itself. We all can use Bitcoin online and that is because it is digital money and it will become also more acceptable. The feeling of holding gold in your locker is far better then holding bitcoin in your wallet, Gold is precious and will continue its shine in future too. |
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I think bitcoin price will bump soon so buy now , in may it will start increasing then in June it will pump
I hope that you are right...May is almost here, soon it will be July, I really hope that there is a good price when halving happens...But anyway, bitcoin is a good long term investment, price is volatile, if you can use it in trading or you could find a good investment site, then you could make a lot of money of it after few years... The value of bitcoin is expected to rise at the time of halving so if you buy 1 btc at a moment then you can expect higher profits by selling it at halving but I think holding for next couple of years can be more profitable. |
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I think No, bitcoin's price won't reach that high...$1 million is too much...that's hilarious...price won't even reach 100k after 10 years..with the current situation that price drops whenever it gets high, then probably this will just be a continuous cycle and might only increase few dollars at a time and might not be noticeable..
Maximum bitcoin can reach is $10k not more then that, we need to thin of a realistic value that is achievable and I don't think $1m is every possible for bitcoin to achieve. |
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In theory it could make central banks dissapear. I think in the future regular fiat cash will eventually be replaced by digital cash.There's just too many advantages. I watched a documentary about counterfeit us bills the other day and there's billions of it being made and flooded into the market. The bills are so good that it's hard to tell them apart. Bitcoin solves this instantly. Bitcoin also solves the issue of banks being able to print it as they like which as we know devalues the currency whereas the opposite is true of bitcoin.
Bitcoin is a full currency i think , there is no real difference between Bitcoin and the other currencies nowadays, fiat is used more till now that's true Bitcoin is a currency indeed, but it will be not possible that it can make the banks disappear you should know that there are a lot of people that is still using banks. And they dont know even how it works and that is the problem you have to promote it more. Banks can never disappear as banks are the strongest financial institutions we have and it holds the support from the Government and also holds more trust from the customers. |
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When government banned and jailed people who use bitcoin because illegal, it will makes people stop using bitcoin. Luckly no country jailed people who use bitcoin.
That might be few exceptional cases, I believe as only a very little percentage is using bitcoin right now people have a little hesitation initially, this would change when mass adoption happens. Yeah I doubt this would happen in the US or within the EU member states, that would still be a huge market for Bitcoin. Yes and I think even if the Asian countries starts using it then we can see the huge market cap as the population of those countries is too high which can make a difference. |
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