As per my learning Bitcoins is a currency and asset at same time.Bitcoin has future value and its adoption is increases globally people use it as medium of exchange.Fiat has inflation but BTC discourage inflation because its volume is defined.Fiat value decreases overtime But Bitcoin has no such issues, so you'll fair store it yourself without the ought to contribute it some place. Store of esteem is additionally an angle of cash, cash isn't basically a unit of trade.Bitcoin is future need to aware the world that BTC is global currency and asset at same time.
I guess it would be great if in future bitcoin can be used both as an asset or investment and as a currency. I know that every member of the crypto community will be delighted about it using in a supermarket or in a restaurant or in any establishments to purchase products and services. BTC for me is more valuable and worthy to used than fiat but I know that BTC cannot replace the existence of fiat that easily or even eliminate it, i know btc can be just one of the circulating currency in future but I guess this is now happening step by step and smoothly. |
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everyone may differ in the meaning of rich. there are many people who think that the rich are those who are materially affluent, but there are also those who say that they are rich when they feel enough with their lives at that time. materially rich that is for those who can buy whatever he wants without thinking about money to buy it
For me my definition of rich are those early adopters of bitcoin, able to invest, to have a courage to hodl bitcoin for a long time and when the ATH of $60k above hit they become instantly millionaire or billionaire. I didn't mean that my definition of rich is an instant money but the bottom line of this is those rich people are those people who knows how to see the value of a certain thing, made a research about it and knowledgeable enough about things example like bitcoin and has a patience to wait. |
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This is not true. Satoshi has no more control over the Bitcoin network than yourself, meaning he has none, cause you don't as well. Satoshi created Bitcoin, but control and freedom of personal funds is in the hands of it's users. Whatever manipulation Elon has over the network is only down to people's naivety, if some newbies to crypto are better informed, then we'd never even have to mention Elon Musk in matters concerning Bitcoin manipulation or control.
Lets give a credit to Satoshi for creating bitcoin because if it is not to him I don't know if the cryptocurrency will exists. Today bitcoin is a community driven type of market where I do believe that everyone of us have a control over the market, in individual means it is just a small impact but as a whole we are the life of crypto that fuel it to the fire. But when it comes to Elon Musk I know and in my own opinion he is above the individual member of crypto market, he doesn''t have control over the crypto market but he can influence the mind of people on whatever he's saying. |
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Many people dont like the risk of investment but they want to gain high profit, they dont understand if high return is always in high risk. In my town, people who have alot money is prefer to buy house and gold for their long term investment. Also they want to have real instrument investment, not digital that can be have other risk, that is stolen via online. That why here, Bitcoin and others crypto is not popular yet, because they just ignored the truth many people getting rich from crypto.
Sometimes people don't hate the risk I mean people are loved to have an investment but they are just being afraid of how big or small the risk they will going to take in terms of investment. We can really find it hard to persuade our parents or the older one to invest in cryptocurrency because simply they don't have enough knowledge to invest or even how to deal with it. Second, sometimes those old ones were not literated enough with the new technology and lastly they just want a passive, sometimes consistent income form their investment. |
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I am a bit of a traditionalist when it comes to property... because I was taught from a young age that it is of utmost importance that you own the roof over your head. My Dad has always said, "Why make someone else rich by paying him rental, if you can use that to pay for your own roof over your head"? The problem is that times have changed and the younger generation are faced with high unemployment and very high property prices. The Banks does not give 100% guarantees anymore, so most people have to fork out huge deposits and they simply do not have that. (They also do not have assets to put up for guarantee, so they have to take out loans to pay the deposit too) The rental scene is very competitive and if you are clever, you can stay in some fancy house that you would never have been able to buy for yourself and you can quickly move to a new place, if the rent goes up too much. (That is to say, if you are not contractually bound in a long-term rental agreement)  You're certainly right about it mate I mean when we were going to compare the life of the old ones to ours today they really said that the price of this item is just only like this, like that and today it is very expensive. So in my own opinion since I am just a minimum wage earner and does not have enough savings to put a roof over my head guaranteed mind this time I'll go to live in rental house. I mean I'd still wanted to have my own house but for now investments or assets is on top of my priorities today. |
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There is nothing to worry about bitcoin if the market is not stable in one place and its price goes down it will go up again. The bitcoin market will not go down too much although it has been going down a bit recently the price is going up again the price of ethereum currency is rising with the rise of bitcoin elon musk an influential supporter of bitcoin recently said that the prices of the top cryptocurrencies bitcoin and ethereum are likely to be much higher. He commented that tesla has invested 1.5 billion in bitcoin.
I believe that there is nothing to worry about the market price of bitcoin because even after the dumped of the market price last month it is now recovering again. I know bitcoin market is now far different than the market it was way back 3 years ago because of the big and new investors we have right now in the crypto space. I mean that the market of bitcoin is currently rising exponentially compared to the last ATH of bitcoin. |
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Prohibiting the use of bitcoin by the government is a very useless thing. They will only waste their time because everyone can access bitcoin freely even though the government prohibits access to things related to bitcoin. Unless they cut off the internet connection for every citizen so that every user will never be able to open a trading platform or anything that deals with bitcoin. More than that, since corona virus came and make many people lose their job bitcoin has made by many people for source income be it they using it as trading place or investment place, and this should be another reason to regulate bitcoin.
Exactly, what is the sense of prohibiting the people inside in their country not to use or transact in bitcoin or cryptocurrency when the government has nothing to do either to control or to interact with the crypto operation. They cannot only implemented a legal laws of implementing a legal use in transactions of bitcoin like in groceries or in any business establishments but controlling people to use, invest and trade crypto was so impossible. The legalization of cryptocurrency transactions in Uzbekistan is a great news indeed. It may not have a big impact in crypto but still it is a good news to consider. |
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In fact, the right knowledge cannot eliminate the antiquity and classical thoughts of the previous generation, people believe more in a business investment, a stable job, what is not seen with normal eyes is a difficult thing for them, especially with new technologies, parents' ability to absorb is really low. Leading the generations ahead will have huge disagreements about opinions, we should control these to avoid major complaints and stumbling in views of life, knowledge expansion is no longer necessary here, maintaining perspectives and proving success will be more important
Simply people who are older than us are believe in hard works, what i mean with hard work is a work related with physical activity, working with the use of strength and mind, typical going to an office rendering an hour job per day to be able to accumulate a certain amount to invest in real properties, stocks or putting up a business or putting in an invest where they can check upon to see the progress. They can be persuade to invest but believe me you would try your best to make them understand why they would invest in crypto. |
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Although we do not know when the bitcoin price will reach $1M, we need to make more and more bitcoin before it is too late to do that because if the bitcoin price starts increasing, we will hard to do that.
I also believe that the bitcoin price will be at more than the price now and will reach $1M in the future and who knows, that price will not take too long to be reached so we can make a big profit from bitcoin.
I agree with what @Shasha80 said that we need to collect as much bitcoin as possible so we are ready to sell bitcoin at a high price.
I do personally believing that bitcoin has the potential to reach its market exxhange rate at $1Million we may never when but hopefully it will. I am very much positive that any predicted amount were possible to happen (let's include a red market tag of bitcoin) because of the characteristics of bitcoin being volatile. I just remember way back three years ago when I first entered here in bitcointalk, there are also a thread asking about if bitcoin will be possibly attain $20k because at that time bitcoin price got dropped to a more than $3k but now here it is bitcoin presenting itself having a market value of $56k. |
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Well, if the strategy is profitable you will not change it! Natural or artificial, simple or complicated... you find what works for you and you do it as long as the strategy works and brining profit!
Of course, it's hard to believe that any strategy can work for a long period, but like in everything else I believe there're exceptions here, so probably some people are doing the same thing for years, and that is still profitable for them!
It would be foolish to think that everyone follows the same strategy, it would be better to say that we all have the same goal, to make a profit! But how we get to that profit is a different story for each of us!
Especially on a newbie where they are just equipped with a minimal knowledge in crypto like about trading or investing, then the reviews, the sbared knowledge and strategies will be a huge help for them to be able to start or to figure out which strategy best or suits for them. Of course I do believe also that there's no such strategy that works for a long term, when yoh found out the strategy isn't work well then you will definitely find a new strategy or just improve your strategy. |
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I witnessed the good and bad times of bitcoin. I always compare what happened in good times and what happened in bad times. Since the day I first entered this market, there have been many developments in the way we have covered so far and the world now knows crypto coins and tries to include crypto coins in life. This is proof that the future of cryptocurrencies is bright. the road ahead is long and I think we will achieve many more successes on this road. this market will come to much better places.
I am just been here in crypto market for about three years and more but what I can say is I had witnessed the ups and downs of bitcoin. I did experienced too the bullish trend of bitcoin way back 2017 but this trend only last for about a month then after hitting a 2017 ATH and by the beginning of the year 2018 up to 2019 the bitcoin market started to go dipped andd worst became saturated. And to be honest i felt that maybe this is the only thing that bitcoin could offer to us, but here's it is, proving that i am wrong, proving that bitcoin was bigger than what we are expecting. |
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I will exchange my cryptocurrency with the TESLA car if I feel my return is satisfied. There's nothing wrong with taking profits in crypto investing and sometimes buying something I love gives me energy, inspiration for my next investment.
Enjoy the fruits of your labor boldly. Sometimes that's a good thing. I have seen many times my profits are lost so I support cash out and shopping.
This is what we called rewarding yourself from a hardwork you have done and if that is including rewarding yourself of Tesla car using your bitcoin token or ETh then nothing wrong with it. Nothing wrong with enjorying the fruit of your labor and to be honest working with crypto isn't easy as it seems and also the fact of earning a profit in crypto was not also easy as it seems, there is no easy money in crypto. Just always keep in mind that you just have it in your extra peofit and not taking all your profit to buy this. |
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But I bet we will see a correction this year, we should be aware of that and always be cautious when trading. For now, let us not bet against the flow of the market, we will just loss, be bullish and trade regularly to take advantage of the situation as it does not happen on a daily basis.
We wilk definiteky and will surely see a price correction this year since we are just only in the first semester of the year which only means that we are having 6 months left for this year and probably might another price correction will going to happen this month or in the following months. But what I can only say about the market today was the Bull Run is not over and the rally of the cryptocurrencies to soar going to moon continues as it seems. |
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I believe it will always make a ATH as long as ppl always going crazy to make profits when the price is very low.. Yes because thats what the time big investors entering the market, so no one will reject bitcoin even at the very low price in my opinion , wherein indeed ppl will take advantage the situation to obtain massive profits afterwards like what always happen.. So its impossible as its very promising as well than other crypto currency in the market.
I bet that this year bitcoin will continue to show it's highest potential especially soaring going to the moon of the market exchange rate. It is actually hard to predict of how long does it would take that bitcoin could maintain attaining its highest potential since we all know that bitcoin was very volatile and unpredictable. But I do hope that this good market of bitcoin will last because new investors are coming and many opportunities had open for the adoption of bitcoin in real business. |
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Aren't they more like antidepressants or something of the sort? I'd honestly think that taking a walk, having some fresh air or having a vacation of sorts is a lot better than drugs. Idk, it just makes it feel more like, the one under medication is in need of a LOT of help instead of having that free mindset of calmness you get when having a breather. Like instead of letting go of what strangles you, it instead just lets you go for a moment before strangling back with stronger momentum/force.
I ain't a psychology doctor but this kind of problem are need to be treated well because the mere fact that the involve with gambling addiction if minor or even if not should need a cure. And yeah giving him/her a new environment where he/she could live another way of lifestyle is better for him/her to forget the addiction hw/she had undergo in his/her life. But of course before he/she bring in another environment we'll just need to make sure that he/she had undergo medication if needed or been in pschology doctor to treat his/her addiction. |
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Upon talking to the king there's no doubt the persons, group, or whatever who made Bitcoin is definitely the King among all coins because I don't think this industry will boom without the introduction of Bitcoin. Regarding who will be the Queen, I can't pick out of them because every each one of them has their own contribution Ethereum's founder Vitalik, CZ Binance and more they all have a big contribution that makes crypto keeps in trend I highly respect so I can't see any reason which one of them who will be the next for Bitcoin.
For me there's i will always choose bitcoin as a crypto king and no doubt about it for no reasons, Satoshi was named as a founder or creator of bitcoin but thus it already cleared who is the real Satoshi in real life? However, I couldn't left out on my lists the name Ethereum! This token is soaring high going to the moon and i am just amazed how this token manage to keep on soaring at the moment. And course, Binance, the promising rising crypto. |
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I won't say that I would be happy or upset if bitcoin dropped in value again... On the one hand there will be another opportunity to buy cheap, on the other hand there will be another bearish period... I guess I'm for bitcoin to rise slowly!  Let's imagine a scenerio if ever bitcoin price dropped to $10000 do you think everyone will be happy to see it? Based on my own experience here in crypto for being a member of the community of cryptocurrency in four years I do watched the continuous dropping of bitcoin price from the ATH of almost $20,000 to the lowest price that year of $3,000. It is totally a jaw dropping and you would never know what was the reason for that downfall. And what's worst about it was the bearish lasted for about 2-3 years. So if ever it may happen again, I would be the one who wouldn't be glad about it. |
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Sell a few and HODL more.
If you want to sell, don't sell all of it. Take profits but never leave that you're empty with Ethereum. I've already sold a few ETH and it's even under the price of $2k.
I have also the same goal of looking at those high price that you've mentioned that's why I'm still holding more.
The market development of Ethereum this past few days was really amazing and it is nice to watch the fluctions of the exchange rate of Ethereum because it is mostly a positive fluctuates. For me this time was better to hodl and sell a token at the same time. Well, it is just based on your life needs or if you are having a certain needs in life that needed to be attained of because earning a profit today in Ethereum was justifiable. |
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I don't gamble a lot of times but whenever I do, I feel like I can't stop so basing on that experience, I would say that probably I am not good with managing my time when I gamble. Good thing that I don't have a lot of money and my Internet isn't that good so I can prevent myself from doing online gambling because I know what happens next.
Why does it seems like we have a same vibe when it comes to gambling mate😁 I am not also playing gambling a lot of time because I have a limited amount of money to used in my gambling activities, also i'm too busy to spend a lot of time to play because I am also working from home but whenever I do I feel like I can't stop too. So to be exact I hardly controlled myself when it comes to gambling and I have a strict rule about 1-3 games only. |
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