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146
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Bitcoin / Bitcoin Discussion / Re: Why do people want Bitcoin?
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on: February 21, 2018, 10:28:40 AM
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Almost everyone who wants bitcoin for profit reasons, the rising bitcoin value makes a lot of people believe in the future of bitcoin so they continues to buy bitcoin even at a expensive price.
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147
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Really End World Poverty?
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on: February 21, 2018, 10:23:37 AM
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I heard about using bitcoin with the charity aims. But we must remember that Bitcoin and digital money first of all just a tool and it can be used for making the economy better more effective. This is the right way of cryptocurrencies doing. This depends on the attitude of the government, if you want to legalize bitcoin then everyone will feel the benefits of bitcoin so that it can improve their welfare and certainly reduce poverty. |
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148
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Economy / Economics / Re: Is it better to save money or invest it?
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on: February 21, 2018, 10:18:55 AM
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I think invest money is more promising profit than saving, in my country if we saving in banks then get a bank interest of about 1% per month or 12% per year, of course with this result then make the value of money looks down so that investment options better than saving money.
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149
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Economy / Economics / Re: bitcoin benefit of saving for a long time?
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on: February 19, 2018, 11:23:33 AM
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
I think that bitcoin is advantageous to hold longer. Until recently, its price was not great and everyone was happy with it. Finally, the price has risen and many have paid dividends for their patience. Agree, if we sell bitcoin at this time then we will regret later, sell bitcoin if we really need money and there is no other way again, I also regret for sell bitcoin cheaply some time ago because there is need that I can not delayed. |
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150
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Economy / Economics / Re: Why Is Bitcoin's Value So Volatile?
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on: February 19, 2018, 11:19:29 AM
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The most volatility comes from the fact that Bitcoin market is still very small comparing to other older and established markets. Also no regulation on top of crypto market doing its job.
Yes true, bitcoin marketcap is currently very small when compared to products or commodities in forex, if marketcap reaches $ 50 trillion then bitcoin will be stable and will never rise or fall as it is today. |
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151
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Economy / Economics / Re: What is the best way to invest/grow your Bitcoins?
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on: February 19, 2018, 11:15:21 AM
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I think with ICO trading and invest that it will make our money skyrocket, I've proved that with join ICO then since a year ago the $ 500 money has now reached $ 75,000. The first time I joined ICO was a year ago that was chrono bank (time).
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152
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Economy / Economics / Re: Bitcoin has defeated gold
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on: February 19, 2018, 11:06:52 AM
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Yes true, I'm sure someday bitcoin marketcap can beat gold, the main thing is hope many countries soon follow Japan that has legalized bitcoin, and I'm sure this is a matter of time so we have to be patient.
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153
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Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin?
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on: February 19, 2018, 11:03:41 AM
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I think we should not spend time on them, everyone is doing what he/she wants, so enjoy the crypto yourself.
Yes, we do not get anything if he becomes a bitcoin user because this is not multi-level marketing, it's better to focus on what keeps the bitcoin balances on the rise such as trading or seeing ICO promising big profits. |
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154
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Economy / Speculation / Re: can bitcoin reach 25k$
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on: February 19, 2018, 10:59:02 AM
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Bitcoin prices are volatile and driven by the market demand therefore it can increase and fall as well. Hence $25k is possible for bitcoin to reach in the future, some expert says that it can even reach $50k this year. Well no one can accurately tell what's ahead and we can only speculate what might be the outcome of our investments but as long as there's a demand for it then we can expect a roller coaster ride.
Yes true, bitcoin prices will continue to fluctuate because the marketcap is still very small, but I'm sure that the price of $ 25k will be easily achieved and I'm sure before april then we will get the price $ 25k, if you expect a big profit then now is the time to buy . |
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156
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Bitcoin / Bitcoin Discussion / Re: Why people sell bitcoins?
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on: February 19, 2018, 10:37:28 AM
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I'm sure that the main reasons people sell bitcoin because they need money, just as I'm selling some BTC to buy the stuff I need, in fact I'm regret if selling bitcoin at this time because the price will reach at least 5x or more than $ 50k if I can hold until December.
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157
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Economy / Economics / Re: Where do you spend your money from Bitcoin?
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on: February 17, 2018, 03:13:47 PM
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For now its so hard to earn bitcoins and all my earnings is on my savings for some purposes like emergency needs and for tuition fee of my children soon.But not that all,the others is in our daily expenses and payings our bills monthly through my salary on btc that can really help to my finances.
No need to hesitate to invest bitcoin, our money will not increase if we just saving in the bank account, the courage to take risks is a much-needed thing, in addition to the ever-increasing value with bitcoin we can use for various transactions and payments. |
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159
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Economy / Economics / Re: The future of the paper money
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on: February 17, 2018, 03:04:41 PM
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The presence of bitcoin or cryptocurrency makes many governments worry because it will make paper money disappear, but I'm sure this will not happen because paper money is fully protected by the state, so the state will do anything to keep paper money.
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