If you buy your wife a handbag for christmas and that costs $500, you could instead have $50,000 in about two years. Do you how that damn handbag will look in two years? It will be old and wrinkly just like her face. All you have to do to save $49,500, is stay strong and durable on Christmas morning while explaining why you didn't buy a present. Alright, she is definitely going to be pissed. But how bad could it be? Maybe it will last a week. It is still worth $49,500. Don't buy any fucking christmas presents!!! Your lousy wife was probably going to leave you anyway. Might as well just speed things up while making a fortune. Then, get a new wife. A better one. I think this will only work for some married couple that did not work out, though I have a perfect and understanding woman that understand that consequence so we decided not to make any purchase using our bitcoin. We have other way to earn fiat and that is the one we will be using to spend our Christmas and buy each other a gift. From your post I can say that you have been in a rough relationship, well, Have a nice Christmas.
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I am not that good in spending my money so I spent it in a lot of things that I really need and just need but eventually my interest to it will fade. Most of my savings right now are little by little depleting and I intend to use that in investing in an ICO that I think is interesting right now. If I will be calculating the percentage of it, it will be :
69% on BTC 10% on ETH 10% on my miscellaneouses, financial needs. 11% on other crpyto currencies
That is just on my mind, and I think I miscalculated it, because FIAT is more than BTC on my savings.
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Btctalk name : Creepings Rank : Sr. Member Current post count : 875 + 1 BTC Address : 3JkzeVEWrauGfvBYstR2i49zU6329fNDiA Wear appropriate signature : Will change my signature when accepted.
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I think we need to look at the situation...at the moment I'm sure that I will sell them...but if I know that the price will still grow, then of course I will continue to keep them
This is the most reason why bitcoin holders are not selling their bitcoins because they know that even the price is good enough to sell, they will be thinking that it might pump more than the recent one so it will give more profit to them. And I think if you really don't need to sell it, I mean you don't have any reason to use that money hastily, better hold it for the time being.
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I don't think bitcoin will go to 100000 $ in the near future. Even if this is going to happen then i won't be able to keep bitcoin for such a long time. I would sell it somewhere around 30 to 40k.
In terms of bitcoin's volatility, I think reaching $100 000 in the future is not impossible. But i think I will be doing the same as yours, if the price reaches more than that, we why not hold right, there are a lot of possibilities that might happen. And you might not know, we are talking about this today but next year it is the reality.
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I guess it has a point , bitcoin and this forum help unemployment people to have a job, a stable job. If the bitcoin world will continue it can benefit all the people and country that have a problem it huge number of unemployment .
Well, you can earn a lot profit with bitcoin with out the help of this forum. There a lot of other ways to do it, but then again, you need money to start it, the best way to earn money is to risk yours right? And I think we don't need to rely fully in these forum since the main purpose of this forum is to tell people about bitcoin. I may be in a campaign but that doesn't mean that I rely my profit to this forum, I am just saving bitcoin, and this is my way to earn some including buying some.
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Some people sell bitcoin when the bitcoin price reaches $ 10,000. Some people invest late when the bitcoin price reaches $ 10,000.
I can not judge in the actual market . It is hard to know what will happen next
I think, the fact that it dumped from $11 000 to $8 000 then after some time it just pumped back quickly to $11 000 means that it will be worth holding for a quite some time now. A lot of people are expecting it to reach the price of $15 000 at the end of the year and I think it has a high possibility happening. We still got a few weeks reaching that price but still if that price was reached in the span, there will be more pumps that will happen in the upcoming year, and we can say that this year is the most amazing year for bitcoin despite the things that happened affecting the bitcoin negatively.
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I have many dreams that I have to do and it seems like it takes more and more capital. I think if you want to realize your dream will be easier if you have a large capital
But not all people have that kind of capital. All people that is dreaming to be rich obviously is not a rich people, it also means that they don't have that kind of money to start it so they find a way to do it. Capital is not the start of being rich especially when you are poor. It starts with a dream, next with effort and hard work followed by inspiration and supported by your loved ones. It may have an ending but it is not always a good one. Getting rich is not always about the money, it is what you get after your dream of being rich.
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Bitcoin can't controlled with any sector, it's decentralized. We see that the price is going pump and dump. They says many people know the value of this bitcoin with volatility price.
It can be controlled by some regulator (smth like part of World Bank). These regulator can control the currency rates, that will make it more stable. But I think that is a little overboard for those regulators since they will just be controlling the currency rates just to be sync with Bitcoin's volatility. Yes it is stable, but you did you think that it will be affecting other people who are using other currency that is more commonly used than bitcoin? I think they will rather be choosing to control fiats and other main currencies than digital currencies like bitcoin because they know that digital currencies is not that easy to control unlike currencies. To control these digital currencies, you must hold a huge number of bitcoins in order to move the price in your desire, I think you can call those people whales.
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If i die, i think bitcoin will still be there. So before i die, i already told to my wife about my account so she can have access to open or use my bitcoin account.
It is not that I don't trust my family but these days, I think if I will be giving them my account, I think it will be quickly emptied even before I die. So I guess for now, I will be just holding for it. This was included in my last will so I think even if I die in an accident or some sorts, my wallet and hard work will not be in vain.
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I think I agree that dips is not really good. Mostly people are expecting a pump, and with even decrease in price makes them think what to do, not realizing they are being scared especially for a lot of people who just bought this crypto for such a price then dumps.
Still it is a good way to make another pump because a lot of dips or dumps was taken as an advantage by a lot of people and investors to buy themselves some bitcoin again. With that "taking of advantage", dips or dumps do not really take a long time, the price quickly increases.
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If it's strong enough to get to 100K, I'll likely keep HODLing. I don't have a "number" to cash out at, it will more likely be determined by life events and me being able to use the money I've gained in a better way.
We are the same so I agree to your statement. I also don't have that much number of bitcoin so I am just holding my bitcoins until I needed some money. Also, I don't really sell my bitcoin when a good price strikes, but I sell some when I really needed money. Selling all of them will be a great regret to me when it happens, I know it will be more bigger this next year so I guess I will be keeping on holding on them for some time until I needed some money.
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Broke it's way to $10 000, reached $11 000 and goes down back to $8000, it may be tragic but it is a protagonist ending cliche. It is now getting back to it's usual price and I think it will be more pump than the last time.
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
The best to do here is to set a good price to sell your bitcoin. Bitcoin reached $11K this month and I think it will not be staying there for long, which I am correct, it quickly go back to $10K and I think it will be staying there for a while. I think it is best to hold it for now and wait until the end of the year. Bitcoin's ATH mostly happened at the end of the year, it is not even the end of the year we still have the month of December. I guess if bitcoin reach an ATH of $11K or higher, I think you can think of it as a good price to sell your bitcoins. If the price did not reach that price, I guess waiting and holding it is the best thing to do.
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There are a lot of members applying here but you can tell the campaign was full just by looking at the title of the thread.
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Bitcoin could not yet become a national currency. Why not, many countries in the world have not accepted it yet. Bitcoin needs more time to accept as a national currency.
More importantly, bitcoin is a decentralized digital currency, how can it be a country's national currency, it's feature as a decentralized currency will be stripped off. And I also think even with a low chance of acceptance bitcoin will be a currency not as a national but a global currency, obviously the government will not allow a currency they can't control.
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The main difference between bitcoin and real money is that bitcoin is an electric form of money and the real money is the local money which we use everyday.
I think bitcoin is far from being a money. Bitcoin is more on a currency, a digital currency. I think money or real money is the fiat and bitcoin is not a fiat. Bitcoin is more on the decentralized and pseudo anonymous side while the real money is in the opposite.
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Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
No. You keep your daily job and then collect bitcoins with money you get from your salary. Because collecting bitcoins would require you to place money or buy bitcoins from exchanges. I wouldn't recommend you to buy a miner but rather place money on them. I think the term "collect" is not the word for this but it is earn. You earn bitcoin out of your daily job and buying and mining them is also one of the good ways to have bitcoin. And I think earning or collecting them is worth it especially if you are earning bitcoin before it reaches interesting prices. If you do, I think you are having a great time with the pump that is happening.
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There is a huge possibility that bitcoin can be hacked but that depends on how you take care your bitcoin wallet. Hackers are very tricky in hacking, they can do a lot of things that will give them a way to access your internet or your PC and get some important things, files, passwords or documents that can be sold or valuable to the owner. And I think bitcoin wallet is really hard to hack unless you are not taking care of your wallet and not hiding your private key properly.
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Trademark now of crypto currency is Bitcoin. and many people want to become millionaire in Bitcoin. No one can defeat Bitcoin. Due to hi demand bitcoin price will rise from time to time
But I think those who are wanting to become a bitcoin millionaire is late, 8 years late. I think if they are able to buy bitcoin at that cheap price, I think they are bitcoin millionaire right now, to be precise I think not only millionaire but bitcoin billionaire. With that price pump, I think the wait for 8 years is worth it.
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