Why bitcoin start going down and down will it goes below 10000$?
The reason for the downfall in the price of bitcoin is due to the high rate of selling of bitcoins for the festive season. Going through the site's market cap, we will see the reason for this downfall as there are a lot of withdrawal of bitcoins into fiat. I'm very sure the price of bitcoin will bounce back before the middle of January. |
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Please forgive my cynicism.
I was offered bitcoins in I think 2010 when they were 50p each.
I was tempted to buy £200 worth but had been just lost £200 to a ponzi money scheme so decided against it!
I have seem recent reports saying they are now worth £2,500
Are these the same Bitcoins?
So would I be able to actually sell for cash or money in the bank?
Sorry to ask, but I see lots of people saying they are millionaires but don't think I have seen anyone with the actual money banked.
I mean, my 400 bitcoins would now be worth £1,000,000 and I could actually sell them for £1Million less commissions?
You gotta see I'm sceptical.
Please tell me I haven't made the biggest mistake of my life?
You made a mistake by not buying bitcoins at that very low price 7 years ago but you would have sold them anyway when the price rose a bit. I'd say you didn't make the biggest mistake because it is not too late to invest in bitcoin though the earlier the better. I'd suggest you invest a few thousands and hold for about five to six months and I can assure you that you'd be happy you did. |
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Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
Yes, people buy cryptocurrencies with real life money. The answer to this quest is logical. Will you not buy something that will give you profits if you hold for just a while? Yes, you will. Buying 1 ETH for $300 is nothing compared to making about $600 when you sell after holding for about 3 months. |
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i really don't understand how the price increase or decrease?i saw that price coin changes randomly.If anyone help to know trading,I will be very grateful.
No one can really predict the price of bitcoin but on careful examination of the charts from previous months, we realize it follows a trend. It is this trend that helps us in guessing what the price of bitcoin will be. The reason for the pump in the price of bitcoin is because of the increase in the buying of bitcoins over a period of time. Dump is the reverse of the case. It is caused due to increase in selling of bitcoin over a period of time. |
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As part of the economy I want to ask
•What do you think is the next big thing? by means bitcoin is getting higher and people should now invest in like what they did before.
•What coin like bitcoin you should invest in? is it bitcoingold? or the next coin that the developers will create
I'd say the next coin to bitcoin is Ethereum. Ethereum has manage to retain it's position as the second highest coin over the years and if there is any tragic fall in the price of bitcoin in the market, I'm very well sure Ethereum is best coin to replace bitcoin. |
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Hello, everyone!
I need some piece of advice from the experienced people.
I dared to start trading , I have enough funds to purchase BTC or ETH, but I don't know, where to create wallets and how to manage them (I mean safety issues)?
Can anyone share their experience about that?
Since you have enough funds to trade, I'd suggest you create a blockchain wallet via blockchain.info. It's the best wallet you can ever find. This is so due to the safety feature of the wallet. Concerning trading, I'd suggest you use Poloniex or Bittrex. I've been using them for a while now and they are very good trading platform. |
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How do campaigns work? Can the posts be about anything and can you be part of multiple signature campaigns? How do I get paid for it?
Campaigns are means of advertising using the services of people such as you and I as advertisers. Each campaign has a set rules guiding such campaign for as long as the campaign may last. There are certain sections of the forum that you allowed to post according to the rules of the campaign you are in. No, you can be part of more than one campaign at a time. There's no way possible to sell your advertising space to more than one company at a time. Payment is made on a weekly basis according to your rank. There are times when one does not get paid due flouting of rules in the campaign. |
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Looking at the chart from previous months, we realize there are periodic downfall in the price of bitcoin but then we also realize that bitcoin did always survive these downfalls.
So I see no reason for you to panic at this downfall because surely the price of bitcoin will soar higher than it was before.
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As most people will have to sell bitcoins to have money for the holiday, it will affect the price of bitcoin though it may insignificant as to cause a crash in the price of bitcoin, but definitely it will affect the price of bitcoin.
Hopefully, by the middle of January, the price of bitcoin would have come back to normalcy.
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Which bitcoin cash wallet is best & safe? Currently I'm using freewallet.org but is this safe to store large amount of coins?
Suggest me anything without Blockchain .
Is freewallet.org safe for storing croypto coins?
I don't know about freewallet. I have never used it so I don't know how safe it is. I'd advise you to try out coinbase. It's one of the best crypto wallet you can ever get. Exodus is another good wallet. In fact, it is very safe for bitcoins and it's transaction fee is very low. |
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So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
Bitcoin as it stands cannot be a national currency. One of many reasons is the volatility of bitcoin. As we all are not oblivious of the fact that the price of bitcoin is very volatile, then there won't be a fixed price for goods and services. There will always be increase in the price of goods with respect to the price of bitcoin. Another reason bitcoin cannot be used as a national currency is the fact that it requires the service of the internet to work. As internet services is not always available, especially in developing countries, there will be no way for transactions to take place. I believe, if in the nearest future, these problems are put into consideration and solutions are proffered to them, then bitcoin may be used as a national currency. |
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I want to buy some alts, can you suggest good trading platform, which allows to begin trade with small amounts of ether without verification?.(verification need too much time)
I found hitbtc.com but "ETH deposits are temporarily unavailable due to technical maintenance"
I'd suggest you use cobinhood. One of the advantages of cobinhood is fact that it requires no trading fee. Trading is absolutely free on cobinhood and you do not need verification except to confirm your registration via a mail sent to your registered email. |
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 I couldn't wait any longer and jumping into cryptocurrency pretty late. I understand I have invested at the high end as of late, but with the rapid growth over the last several weeks I would be a fool not to jump in. What are the predictions of the bubble before it bursts and drops back down? Also, I imagine it should become my goal, as an investor, to actually use the bitcoin for what it was created to do. Peer to Peer purchasing in a free market, not relying on the banks or 3rd party taking their cut. Where can I begin actually using bitcoin to purchase normal household items? It's actually not too late to invest in bitcoin. As the price of bitcoin is ever increasing, you will make profit in just few months. The price of bitcoin may rise and fall but surely the number of times it has risen surpasses the number of times it has fallen. So it is unpredictable that the price of bitcoin has a peak from it must start to decrease. You don't have to necessarily rely on banks or 3rd party to sell your bitcoins. You can sell them here on bitcointalk. There are some companies that have accepted bitcoin as a means of payment e.g Microsoft and I read a thread that say Amazon has also accepted bitcoin as a means of payment |
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Day trading isn't something anybody can just venture into. It requires a lot of skills and knowledge to be able to trade successfully. One has to be very meticulous about it so as to make profit.
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$BTC can break 18000 USD within this year?
so many holder for BTC, very hard to break 18000 USD
How do you think about breaking 18000 USD within this year?
The price of bitcoin will not only reach $18000 but also go higher than it before Christmas. It is even being speculated that the price of bitcoin will reach $20000 before the end of the year. The market cap of bitcoin increases on a daily basis and this is because people accept bitcoin day by day. |
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Hello guys,
So I im in cryptos around 2 months and I invested around 1,5K dollars into BTC (70%) and some alts (stratis) and icos.
When i First invested, btc was at 5K, second and Last buy was when btc was at 10K and i am Just wondering...oh Men you could buy btc for 10K dollars Back then and have almost 4x more now.
Anyway 18. December is almost here, in early 2018 a lot of altcoins have some major updates so i am asking you for an advice.
Should i increase my investition into cryptos and invest 10K dollars?
I plan to have 50% in bitcoin, 40% in promising alts (stratis, shift, neo) and the 10% invest into good icos (2 or 3 maybe)
Investing in cryptocurrency brings a lot of profit, so why not invest? The price of bitcoin and other altcoins are growing higher everyday, so no matter the price at which you buy, you will make massive interest if you just hold for a while. I love the way you decided to share your capital. It's really nice and it's the best thing to do. |
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I am, admittedly, new to Bitcoin but this question never leaves me. If bitcoin is not a bubble, if bitcoin somehow makes itself the international standard currency, what happens to the people who never bought bitcoin? Will they be provided a timeframe in which they will have to exchange their money from traditional currency to the cryptocurrency before traditional currency is phased out and deemed worthless or will there be another method of transition?
There is no way possible for bitcoin to replace fiat currency. Usage of bitcoin as a currency demands literacy on the part of the citizens, internet services everywhere across the nation and endorsement by the government. It is only when these are available can bitcoin replace fiat as a currency. But then, there is no way everyone can be literate most especially in developing countries. Most people also do not get access to internet especially in rural areas and most government of the world despise bitcoin and would not accept it as a currency. So there's definitely no way bitcoin can replace fiat. |
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I'm new to bitcoin and i know what bitcoin is very well. My question is how do you get your first bitcoin without having to mine,buy,beg,....etc?
my friend got his first bitcoin without having to mine,buy....etc, i asked him how did he get his first bitcoin he said he got it from giveaways in some forums and after that he gambled and invested them and reached to bitcoin now he has 14 BTC.
I want your suggestion on how to get the first 0.00001BTC without having to beg for it.
You can get your first bitcoin without begging or mining just by doing some bitcoin faucets. There are a lot of bitcoin faucets that give free bitcoin. These are some I've done before Freebitco.in Bonusbitcoin.co Bitcoinzebra.com and so on You can also earn bitcoin by offering your services such as writing, designing etc here on bitcointalk. You can also earn bitcoin by participating in signature campaigns. It is the best way of earning bitcoin without having to mine or gamble. |
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Many true Bitcoin enthusiasts actually prefer to use Bitcoin as a medium of exchange. They aren’t interested in investment or speculation or trying to sell at a profit.
Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, it’s possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone else’s digital wallet.
This is absolutely true of bitcoin. Bitcoin can be used as a medium of exchange not only as an investment to make profit, in fact bitcoin as a means of exchange is one of the fundamental uses of bitcoin. There are a few stores online that accept bitcoin as a means of payment for goods. |
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Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?
Sending bitcoin to a wrong address is as good as sending good fortune to a stranger. The anonymity of bitcoin is what makes refunding of such bitcoin impossible. There's no way such person can trace your address to send back the bitcoin. |
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