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701
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Economy / Trading Discussion / Re: Do you trade at multiple exchanges?
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on: June 17, 2017, 11:01:30 AM
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Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
I don't exchange my coins from one exchanger to another exchanger as the price difference is not profitable most of the time. Besides, fee is quite expensive now in transfering balance to another wallet. Thus, I think it's waste of money. |
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702
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Economy / Economics / Re: Bitcoin reduces unemployment
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on: June 17, 2017, 07:55:38 AM
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Certainly bitcoin can reduce the unemplyment since it can help jobless people to get an opportunity in bitcoin through trading, gambling, and promoting. However, it's not enough to be source of income since it's not stable. It would be better to have a job and make money through bitcoin just for sideline. |
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704
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Economy / Trading Discussion / Re: How much BTC is required for trade?
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on: June 06, 2017, 12:03:32 PM
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What is the minimum amount of BTC required to trade on Exchange sites?
Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
I have not experienced to check what is its minimum since checking it would just waste your time, effort, and fee. I think 0.01 BTC is enough to initiate trading as part of learning and practising such trading skills. |
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705
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Bitcoin / Bitcoin Discussion / Re: Buying Bitcoins now, At this price, It Isn't working
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on: May 26, 2017, 08:54:16 AM
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive   . If you owning Bitcoins or thousand satoshis, consider yourself lucky! Buying them and also altcoins now isn't too late as more pump may come as the remaining supply decreases. I don't consider myself as lucky in holding bitcoin as way back before, I see it's future and it's not a matter of luck. |
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706
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Economy / Trading Discussion / Re: did you place all your funds into bitcoin?
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on: May 26, 2017, 07:05:55 AM
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What's the minimum amount you can invest to trading?
Like how will you know if you found the good place to invest your BTC?
You can invest equal or more than 10k satoshi but it's not worth it to do. I think it's just for practicing trading purpose but it's profitable. For better invest more than BTC0.1, it's enough and profitable. |
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707
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Economy / Speculation / Re: Buy In The Dips Guys
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on: May 26, 2017, 03:13:28 AM
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Do you really think that the price will not fall?
It will but not for long. If you want to short, you're welcome to try. If you're in for a long, it doesn't matter when you buys. The price will double after Segwit activation. We'll probably have over 3k in the next 12 months and over 5k in 2 years. Whether you buy in a dip or not is irrelevant. There is no assurance in Segwit acrivation as everything is just a plan. However, I would like to agree that it's better to buy now before segwit as there is still a chance for segwit activation which would boost the market dramatically. |
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709
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Economy / Economics / Re: Bitcoin price
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on: May 26, 2017, 02:02:27 AM
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Bitcoin is moving to $2000 today. What is the impact of this geometrical price movement to the world financial system? Let us discuss.
In just one word, nothing In more than just one word, the price itself is meaningless outside the exchanges (since Bitcoin is not used in real life), so there is no way it can affect the world financial system. And it is the price alone which matters. If someone sold 1 satoshi for 1 dollar, would that mean anything? Apart from that, the price can easily lose all reference even between exchanges if there happens a thing which I called Bitcoin Big Rip. With higher prices we will see higher volatilities (in fact, we are already seeing them), up to a point where volatility becomes comparable to price itself. That would be a Big Rip event or moment That's true. Bitcoin simply as a mean of speculation won't contribute even a penny to World Economy. It will be merely a trading system outside the bracket of real world, having zero utility for the working of economy. If we wanna see it making some difference in financial system then we should concentrate on Bitcoin foundations rather than making merry on its insane speculative rise. Every minutes, every seconds, every hours, every days has come the value or price bitcoin is also change. The changing of value or price of bitcoin will depend on the market and also to people who use it. The good things that happening right now in bitcoin is the price of it that rapidly increasing and it have big impact in all trading sites.Lastly,having high bitcoin price will help the economy to grow up. I don't think that economy will grow up with the help of high value bitcoin price as we can see that bitcoin doesn't interfere in the growth of economy of such countries. Bitcoin's inflation could help businessmen to grow their business but it can also cause the to be deficit as we see that after inflation, there is volitality. However, with this reason business company can integrate to each other which can help to make the economy to grow. |
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710
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Economy / Trading Discussion / Re: What exchange to join?
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on: May 25, 2017, 12:28:14 PM
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Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...
Currently, I recommend you to use bittrex or Poloniex to buy altcoins which are you looking for. However, if you want to buy bitcoin of course you will buy it throguh fiat money, you don't need to give your ID but you need to send if if you are about to sell your btc for fiat money to make things transaparent and legal. |
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711
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Economy / Speculation / Re: How MUCH will the FINAL BTC be WORTH?
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on: May 25, 2017, 11:08:39 AM
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Asked before I'm sure.
What ya think?
There is no certain point when bitcoin's price would/could stop as it's remaining supply is decreasing which means the deamand would be more than the supply which wouls certainly cause bitcoin to grwo its value. As there is no specific or maximum price of bitcoin, no one can stop increasing its rate and no one can predict when wouls bitocoin reach its ath in bitcoin's market. |
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712
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Economy / Economics / Re: The best investment you ever made?
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on: May 25, 2017, 07:54:15 AM
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With btc income I collect with less than 1 btc, In your opinion how to manage my income with such a result by way of investing.
What's the best investment you've ever made?
The best investment I made is that I invested in bitcoin and altcoins which multiple my money more than three times and I'm currently holding it and I still don't have a plan to sell it but I'm also planing to buy more as I get money from my job as part of my long term investment as savings also at the same time. |
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713
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Economy / Trading Discussion / Re: I have about 50$ where to invest ?
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on: May 25, 2017, 06:47:48 AM
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Hello;
I'm new in bitcoin and like to start investing on it .. I have about 50$ and want a good company to invest on it ..
I made some searches but don't know where to start ..
Can anyone help me ?!
Thanks alot
It's better to invest it in altcoins which price is not more than 10k satsohi so that there probability of your coins you're holding to pump is higher as it has a potential to exceed very well same as altcoin that has a higher price. Yeah investing in altcoin is less risky rather than investing it in site that might turn out scam. $50 is not big capital to start with however its not bad for beginner. just be careful in choosing what altcoin you would like to invest, choose the one that has potential. While investing with Bitcoins, even $50 is good for newbie or beginners. But obviously even if it has a positive move, the profit margin will be too low. On altcoins, the profit might be higher, but only if you get your money on some good alts. For a rookie, its better to first learn the movements of the users and also the market, before investing in any alts other than few rising alts. $50 is a small amount and a good amount to start trading, never think that because you have a small amount you cannot make a progress.. starting with small amount is advisable so the risk is lower and we can make good return if we will consistently improve our trading skills along the way. Don't underestimate the power of trading. If you are about to invest that $50 in an atlcoin with its ICO price and you hold it for long time, it can multiply many times. However, it would be better if you are going to invest more once you have money for better profit in trading. |
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714
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Bitcoin / Bitcoin Discussion / Re: How do you convince people into you using Bitcoin?
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on: May 25, 2017, 03:07:46 AM
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Many people need big proof to satisfy that this site is legit ..whats the best way to convince your relatives or friends
No matter how much proof you present to a person, if he doesn't have an interest on it there is no way to convince him unless he has an interest on it. The best way to convince people is that they should feel that you are not trying to benefit once they decided deal with your offer. Always show what advantage you get through that and your conviction should be tangible and realistic. |
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715
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Economy / Trading Discussion / Re: When do you plan to sell?
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on: May 24, 2017, 08:07:28 AM
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
Currently, I don't have exit points with my coins yet as I'm currently waiting for huge investors for them that will surely make my coins to multiply its value. As far as they get huge invetors, I would sell mine immediately and go for other coins for more potential of pump in its value. |
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716
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Local / Others (Pilipinas) / Re: Para saan nga ba ang bitcoins kung may pesos naman??
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on: May 24, 2017, 07:27:26 AM
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Hmm.. In my opinion.. Pesos.. Tingin ko.. Mas madali ang pag gamit ng pesos instead of bitcoin.. In terms of pagkain damit saka ibapang mga bilihin.. Pero bitcoins..?? Para sa inyo.. Ano ba ang importante sa bitcoins?? Thank you..  Well para sa akin, hindi dapat pinagkukumpara sa local currnecy ang bitcoin since magkaiba sila ng gamit. Kung mapapansin mo, ang bitcoin is only for online transaction which is necessary for all countries as long as you have internet connection. Kung local currency naman, need mo muna iconvert ito sa ibang currency para magamit ng reciever mo. In this reason, mas convinient ang bitcoin. |
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717
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Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income?
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on: May 23, 2017, 06:52:10 AM
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Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
It's something unacceptable as we can not rely on bitcoin as our source of income. People are studying and working for the country and bitcoin currency was designed for currency, thus bitcoin only gives advantage for its rate and its platform which can not be use as source of income. |
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718
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Economy / Trading Discussion / Re: How to see multiple coins same time easily?
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on: May 23, 2017, 04:45:20 AM
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I'm newbie and find it hard to click all the time coins in Poloniex markets list to check out whats going on with many coins.
What's best 3rd party website which allows to see multiple coins charts simultaneously and maybe even show easily price in different exchanges?
Thanks
You can use coinmarketcap site or you can use Blockfolion app for more convinient veiwing of you coins you are holding. It has a good feature also that you can check that amount or the value in btc of coins you are holding and it sums up the value of coins you are holding for you to monitor your total worth of btc you're holding. |
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720
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Economy / Economics / Re: Selling Bitcoin = Opportunity loss?!
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on: May 22, 2017, 08:16:48 AM
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
You shouldn't assume that it will continue rising as some altcoins are competing with it. I think there are more opportunities in altcoins as it also pump as bitcoin pumps and could pump many times if investors supported it. |
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