Bitcoins volatility is cannot be controlled we do not know when it will go high. For as long as mamy customers ordered and invest bitcoin the flactuation would remain higher. but if investors dump the coins the price would decrease.
Agree. Bitcoin being volatile is part of its decentralization. No one can control bitcoin when will be the going to price increase or decrease. Its flactuates attracted the investors because investment can be more profitable as bitcoin price changes to increase for more years. I also think that the volatility of bitcoin is cannot be controlled. It is part of bitcoin already and if not for its volatility, bitcoin will still have a low price and value in the market. You are right that its volatility is what caught the interest of the investors and bitcoin will continue to rise if there will be more investors and users as well. Controlling the volatility of bitcoin will only result to a great conflict. After all, bitcoin has been made to be free from those who wants to control things. volality will only be driven by speculation, this possibility can succeed 20%, if there are parties who take advantage of negative issues to gain profits then they will be very capable of making the market panic. In my opinion, what Jamie Dimon is doing is a real example, they do not have to break prices in active fluctuations in the trading market, they just need to raise the issue of controversy on the world media. |
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It can become a international currency it is easier to transfer and is more profitable than holding usd the only problem is usa won't allow something like that to occur because if that happens it means usa won't be the world power anymore and the leaders over there will never let something like this to happen
If you think back, will the problem stop if Bitcoin becomes an international currency benchmark? I think this will create a new problem where there will be an unnatural movement that will intervene politically and economically, this movement will massif come from an influential Crypto community in the constitution, I think it would be very dangerous if USD/EURO is replaced with Bitcoin. |
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I am a gambler, I used to work in a company and have a good career, but that is not enough to fulfill the desires of my life. I go into the bitcoin world smoothly because it only transfers the concentration of the fiat currency to the krypto, not too difficult to adapt because it only affects the payments used. Job is not effective for people who want financial freedom, you have to think hard. You must leave the comfort zone for a better quality of life.
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You can use web wallet like coinbase and blockchain .Coinbase provide one wallet to another coinbase wallet transaction fee is slow.If you use to bitcoin pc wallet you face a many problem and if your computer have virus you will be lose your bitcoin.
Web wallets like blockchain and so on are so reliable today, they offer more security levels so the trust is enormous, I'm not used to transactions using desktop wallets, the best answer is the use of trezor and ledger nano as hardwallet |
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Small or Big invest still need a good stragedy and perfect control emotions. It's just different only about 3 things :
- Profits: Of course if when you invested a big amount you can't just expect for only a small profit, big invest => big profit, small invest => small profit.
- Emotions : If the amount of money is big, it will affect much to your feeling if you can control it. With small amount you can lose it, not a big problem but with big investment, you have to do everything very careful . Think twelves times before you do it.
- Stragedies : With big amount you have more stragedies to earn than just only with small amount, for an example : surfing for daily profit need a very big capital.
Of those three things, with large capital we can have plenty of reserves in the event of a gamble defeat, then the speculation that can be done can be much more varitaif than small capital, our minds can be brighter in the competition, many big successful gamblers use. funds due to the effective rate for the extension of each gambling period, they reduce the luck and only purely use the strategy. |
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If you only buy bitcoin and only use it for clear transactions it is not a gamble, but if you use bitcoin as a clear investment tool you are gambling, whether you will profit or lose. Some people consider gambling bitcoin because of it, but some consider bitcoin as a revolutionary digital currency.
If we play in the kripto gambling then that's where the real gambling, if the focus is only for trading, or verbal investment can we call by speculation, not all things that rely on luck is called gambling because bitcoin price formers are determined by many people. We must understand bitcoin from a fundamental business point of view. |
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The Russian government has something up their sleeves. I'm not sure how much credibility we can assign to the reporting or the stance shift by the government because Russia has made these announcement before. They cannot stop the decentralized markets as long as the internet is available to the public but they can propagate the FUD and HYPE with their posturing. Something's up their sleeves.
I think this is not true that Russia has planned something which is not acceptable to an ordinary person. As I heard that Russia is going to legalized bitcoin as their regular currency, it means that everyone can sell and buy crypto currency and can use it as they are using their robles. The other thing is that why will Russia do that. The governments of all the nations want to improve the financial position of their people and not to ban something of their interest. Russia has a positive response to crypto, especially to bitcoin and ethereum, I would not be surprised if they first legalized bitcoin compared to America because all the emerging projects are from russia and ukraine. If they prohibit the use of bitcoin and legal for some people it is a mistake, I think it is just a mere trick of the mainstream media. |
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I don't think so.Because acquiring from Bitcoin is difficult work and it takes part of time.The investment in Bitcoin is protected however it is a long haul venture .It is true that individuals who put resources into Bitcoin wound up noticeably rich yet not simply and instant.It is best way to procure a considerable measure of money.But for this you have to do diligent work and be potential.Bitcoin is the best approach to get rich yet not instantly.
Yes I agree with you that earning money is not an easy job. And it is natural nothing is so easy in this world from where you can earn without any struggle. But in all of them I think that bitcoin is much easier and comfortable, because there is no need to go outside from your home. Just stay at home and you will need a computer and internet and full stop. While for others you will have to go outside in every condition. bitcoin is the fastest way to earn passive income if we continue to collect it for a year and take profit next year, it's about investment assets, the ROI offered is very justified compared to the pattern of HYIP because bitcoin has no owner who can take your investment funds anytime. |
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Trading is indeed a unpredictable job specially here in the crypto world we all know that the crypto market is so volatile sometimes the value of coins flactuates very high or very low we never know when we will earn a good profit or we end at loss. But for the members here who are in trading are already used to it to the volatility of the market.
daily speculators are able to take the opportunity of that uncertainty, in the position of price reduction, they can still generate profits, bitcoin volality is not bad if we are also involved in the altcoin market, all routinely overcome with regular monitoring. Nothing is unpredictable, trading is not a gambling game. |
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many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?
Some people nowadays are making money through bitcoin. They can earn as high as your salary working in the factory while at home. I read many stories that they already resigned on their regular jobs and make bitcoin as their FULL TIME job. Some people are in bitcoin and make it as their PART TIME job so that they can earned extra money for their families. Some students also earned bitcoin to support their studies. They are afraid to let go of everything, their planning is too long so that most are still tied up with real work. In my opinion, bitcoin requires action to be done quickly because we will be left if it is anxious to withdraw from the main job, it takes courage to become an online entrepreneur from bitcoin. Income earned is very clear and can even be used as a guide of life. |
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Being strategic is also being smart,but being smart on every strategy being a strategic person it will really works perfect.Choosing the right strategy is being smart,and being smart to use the strategy is best.So theres no need for comparison for this two traits,you need both of them
Many intelligent people are not able to overcome their greed, and conversely, many people are strategic but use various ways though in an unworthy way. The first we must use is the intelligence to be good at seeing every business opportunity. Clever is not enough and even the strategy can close everything very well. |
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You should buy a house even the price of bitcoin is not very high because you need to have a house that will become your asset and that asset will increase its price over the time and that will give you like assurance that you have money or something to be sell in exchange of money in case of emergency.
As mentioned in the above quote, unlike the price of bitcoin its good to buy a house. It is one among the basic necessity of human beings. When the price reaches above certain level, when you think of buying a house someone describes that the price is expected to grow further high in a short. This won't let you buy a house forever. What I want is I want to buy a house directly with bitcoin I have, now there are some projects that provide services like prophy and managed regularly, I want bitcoin to build a stronger system, because in the future 1 bitcoin can afford to buy luxury home area in large urban areas. |
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Governments can't control Bitcoins because of its decentralised nature. However what powers the transactions are the massive mining farms which consume huge amounts of electricity.
If the decision to ban BTC is made, I would think the way to stop it would be to go after the mining farms first, next find a way to stop the biggest gateways which allow users to convert fiat money into cryptocurrency.
Once the transaction time (and cost) goes high up and users are unable to easily convert fiat to crypto - we are in serious trouble!
The possibility exists but I think the government is more concerned with the potential of bitcoin, this coin can actually be invited to follow the taxation rules given every bitcoin is converted into fiat, the government is not easy to make illegal bitcoin because they will be left very far when bitcoin legalized by other major countries |
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The problem with your argument is that Bitcoin at the end of the day will still be valued in terms of Fiat Currency meaning the products you will buy in Overstock or NewEgg will adjust to its price in terms of its Bitcoin value. There is no clear scenarios where Bitcoin will overcome the price fall of all fiat currency all the businesses will quickly adapt to tak advantage of Bitcoin in the end.
From your comments, I am interested to see amazon's moves in the next month, as the world's largest online market confirms it will use the bitcoin option in their payment system. I am a realist person, I keep selling bitcoins as long as I can get them in various ways, going forward all the more difficult, 1 bitcoin price will be very expensive. I need to balance in every economic cashflow. |
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job?  This question depend on two things. How expert are you in bitcoin and How much you make in bitcoin; will that cover your bill? If bitcoin profits you make can cover your bills with extra changes better than your daily job then you can quit, but if not you have to manage both.  all must be based on the intentions, hard times in bitcoin will surely face us and we must struggle to survive, but if you have enough capital business knowledge in bitcoin then do not be afraid to get out of comfort zone, now or never will be the thing that you should think. every day, because all intentions will not work without real action. |
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ETH will allow $2T of underground economy to become more structured (and possibly less underground) through DAOs.http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/23/americas-2-trillion-shadow-economy-is-the-recessions-big-winner/If it captures 1% of that $2T, it is equivalent to $20B, which would put ETH somewhere around $150. Those who sell for $2 will shit bricks, eat sand and may even commit suicide in the years to come. If it captures 10% of that ETH will be $1500. I know it sounds crazy, but so did the Internet in 1995. Once it's launched their main focus will be on scalability, which I think is the real reason crypto is not ready for mainstream. Once they can handle 100K TPS (and I'm sure they will), it's game over. We don't know this yet, however, I think most people here are aware how bitcoin is. Bitcoin has been famous ever since it boomed a few years ago. A lot of people became rich because of bitcoin. So, I think no other coin can do it for now. Bitcoin already established it's name and I think it will remain number one in the future. Bitcoin has no smart contract and only rely on function as a medium of exchange, this innovation will be replaced by ethereum because many coins already believe it, and even eth is now beginning to be converted directly into fiat without going through bitcoin. Vitalik Butterin has a strong long-term plan especially if it happens hardfork and become POS according to the schedule and issues that appear at this time. |
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I see ICO appear around 30 in 1 day, but I see no promising projects yet
They like to see ICO where to raise money, whereas ICO has a heavy responsibility.
I am very concerned about this condition
No promising projects because people are drained out of ideas. I literally sometimes go through the offers just to have a good laugh of what developers are coming up to this days.  Yet people still invest in this shit projects,mostly those newcomer noobs. However,an awareness of ICO scams is rising recently,so I'm expecting less hysteria in the market and more original and applicable ideas. we can see projects that are almost identical to the same idea, such as decentralized markets or health and charitable projects that are half-failed in the ico phase or fix prices in the trading market. Many newbies who initially made threads without project completeness that made me laugh, a good project and always ready to have a strong capital and foundation and have minimal been involved in this forum or at least lift the campaign manager to manage their campaigns. All ico are almost similar, I think we should be careful again in choosing the projects offered so that our investment is not exhausted after entering the market and without further development. |
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I am interested in xzc (zcoin) because these coins have great developments and volumes in bittrex, they continue to prove themselves as serious coins as a medium of exchange that offers a different innovation than any other coin. I also invested new release tokens like ptoy and ppt as they will be ready to launch the beta process.
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Bitcoin for me is a peer to peer transaction wheither your in the other part of the world still you can send transction, bitcoin is a commodity, bitcoin is digital currency that will give us easy moving.. bitcoin price is volatile so when your in trading invest what you can afford to lose. bitcoin is our future money! bitcoin will give you a healthy lifestyle.. bitcoin is the answer for all! thanks to Satoshi Nakamoto
Bitcoin is able to make my economic outlook turn 180 degrees, now I can get rich without having to be bossed or tied to my regular work everyday, I like gambling and bitcoin can play a role in gambling profits while increasing periodic assets. Bitcoin is also able to make me a motivator for many unemployed, I want to spread bitcoin more broadly. |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
when it comes in price i think bitcoin can win this battle because bitcoin price now is 4000$ and up but golds price is 41.72/grams. but in resources gold is better than bitcoin gold has trillion of tons but bitcoin only has almost a million. my discomfort with bitcoin is only on the regulatory part and unstable, but I rule out gold because of the greater bitcoin gain every day, if people are afraid of the risks that bitcoin is going through, then I am a risk-conscious person, all businesses have the same thing and we must continue to believe in what we choose. |
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