IsaacBitcoiner
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January 16, 2017, 04:27:38 AM |
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Well, everything is actually a risk but going with bitcoin, for me, is a well calculated risk.
Even using fiat is have a risk. Most of us didn't know that our value of money is decrease because fiat printing by government that make an inflation for fiat. We should thrust bitcoin because so many great country is start to believe bitcoin too. Why there are people who are scared of the risk with bitcoin. Actually the risk upon usage of bitcoin is not that really an issue or something to be scared of. As long as you are able to make your first profit with bitcoin in a legit way not with those scam HYIP's or cloud mining. Your belief with bitcoin is going to become stronger each day. The risk of investing in Bitcoin is somewhat high, compared to the risk of investing in the forex market, or the stock market, but the risks of investing in Bitcoin are certainly not so high compared to investing in altcoins or cloud mining, which is almost always a ponzi scheme.
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Mbah Slamet
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January 16, 2017, 04:59:57 AM |
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Well, everything is actually a risk but going with bitcoin, for me, is a well calculated risk.
Even using fiat is have a risk. Most of us didn't know that our value of money is decrease because fiat printing by government that make an inflation for fiat. We should thrust bitcoin because so many great country is start to believe bitcoin too. Why there are people who are scared of the risk with bitcoin. Actually the risk upon usage of bitcoin is not that really an issue or something to be scared of. As long as you are able to make your first profit with bitcoin in a legit way not with those scam HYIP's or cloud mining. Your belief with bitcoin is going to become stronger each day. The risk of investing in Bitcoin is somewhat high, compared to the risk of investing in the forex market, or the stock market, but the risks of investing in Bitcoin are certainly not so high compared to investing in altcoins or cloud mining, which is almost always a ponzi scheme. High profit of course high risk. Although the price of the bitcoin in recent days are likely to be down, but I still strongly believe that bitcoin will soon improve. This case is unusual. Remember, a few days before halving day, the price reach $900, but 3 days after halving day thus dropped to $600.
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cramcram21
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January 16, 2017, 05:22:55 AM |
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I think we should really believe in bitcoin specially that its price keeps on getting high, And also a lot of people have some daily earning because of this crypto currency
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Finestream
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January 16, 2017, 05:50:20 AM |
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I think we should really believe in bitcoin specially that its price keeps on getting high, And also a lot of people have some daily earning because of this crypto currency
If you really believe in bitcoin, you will not only do it when the price is rising. A real believer shall not loss it's belief even if there's a crisis that's happening, instead it will strengthen it's belief because it the moment that we should be strong for us not to be tempted to panic selling our precious holdings. We will be tested and we have to surpass our doubts.
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praboso96
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January 16, 2017, 06:29:59 AM |
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I think we should really believe in bitcoin specially that its price keeps on getting high, And also a lot of people have some daily earning because of this crypto currency
If you really believe in bitcoin, you will not only do it when the price is rising. A real believer shall not loss it's belief even if there's a crisis that's happening, instead it will strengthen it's belief because it the moment that we should be strong for us not to be tempted to panic selling our precious holdings. We will be tested and we have to surpass our doubts. You are completely right, no need to panic. You must be able to analyze. Each holder of Bitcoins is to analyze the news and realize that there is no reason to sell Bitcoin today. In the future, the price will grow
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diegz
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January 16, 2017, 06:40:22 AM |
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Yes, you should believe in bitcoin. If you are not believe in bitcoin why you still use it ?
What? seems like it's too way out on the OP's question. I'm sure all bitcoin user also believe in bitcoins.
Sure? I think not. Not all that are using bitcoin believe in it, some are just after the profit. Nothing more. Actually you can see the price though, if the price of bitcoin going down so hard, it means people are not believe in bitcoin anymore.
Market don't just react that way, but people do. Panic selling happens all the time, when whales wants to make money, they do it and just drag the weak holders in the community to sell too, they are afraid to lose coz they might be owning small amount and nothing more if the price drives down very low. In short, the price is the one dragging the people to sell when there is a panic and not the other way around.
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boyptc
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January 16, 2017, 07:21:03 AM |
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Well, everything is actually a risk but going with bitcoin, for me, is a well calculated risk.
Even using fiat is have a risk. Most of us didn't know that our value of money is decrease because fiat printing by government that make an inflation for fiat. We should thrust bitcoin because so many great country is start to believe bitcoin too. Why there are people who are scared of the risk with bitcoin. Actually the risk upon usage of bitcoin is not that really an issue or something to be scared of. As long as you are able to make your first profit with bitcoin in a legit way not with those scam HYIP's or cloud mining. Your belief with bitcoin is going to become stronger each day. The risk of investing in Bitcoin is somewhat high, compared to the risk of investing in the forex market, or the stock market, but the risks of investing in Bitcoin are certainly not so high compared to investing in altcoins or cloud mining, which is almost always a ponzi scheme. We know that investing with bitcoin is risky but the fact that you are nothing to gain if you aren't going to take the risk. And if you are scared about ponzi's scheme you already grown up and you can identify that easily. It's too good to be true, bitcoin is real life. All of the legit ways on earning in bitcoin are already exposed and as well as the scams.
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Bitcoin0916
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January 16, 2017, 07:36:46 AM |
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I use bitcoin during still profitable, but not for the long term. Before the bitcoin price drop in the some time yesterday, I'm very optimistic that bitcoin will continue to shine. Many people think that the price of the bitcoin is formed naturally, rather than the result of speculation which is controlled, but it turns out my hunch was wrong. I sure bitcoin can be controlled and speculated on.
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usefrees
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January 16, 2017, 11:47:13 AM |
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I use bitcoin during still profitable, but not for the long term. Before the bitcoin price drop in the some time yesterday, I'm very optimistic that bitcoin will continue to shine. Many people think that the price of the bitcoin is formed naturally, rather than the result of speculation which is controlled, but it turns out my hunch was wrong. I sure bitcoin can be controlled and speculated on.
Yes, it is. Whales rule the world. And they control the price of Bitcoin. We just have to be flexible and wise to choose a time to sell and to buy Bitcoins
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BingoDog
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January 16, 2017, 12:21:02 PM |
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I use bitcoin during still profitable, but not for the long term. Before the bitcoin price drop in the some time yesterday, I'm very optimistic that bitcoin will continue to shine. Many people think that the price of the bitcoin is formed naturally, rather than the result of speculation which is controlled, but it turns out my hunch was wrong. I sure bitcoin can be controlled and speculated on.
Yes, it is. Whales rule the world. And they control the price of Bitcoin. We just have to be flexible and wise to choose a time to sell and to buy Bitcoins I agree that whales influence the bitcoin price big time but still we shouldn't lose faith in bitcoin..It should be totaly independent and decentralized currency but we are all aware that in real life this is not quite possible and speculations are inevitable part of bitcoins market.
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malaj
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vantyzz
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January 16, 2017, 12:50:42 PM |
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I use bitcoin during still profitable, but not for the long term. Before the bitcoin price drop in the some time yesterday, I'm very optimistic that bitcoin will continue to shine. Many people think that the price of the bitcoin is formed naturally, rather than the result of speculation which is controlled, but it turns out my hunch was wrong. I sure bitcoin can be controlled and speculated on.
Yes, it is. Whales rule the world. And they control the price of Bitcoin. We just have to be flexible and wise to choose a time to sell and to buy Bitcoins I agree that whales influence the bitcoin price big time but still we shouldn't lose faith in bitcoin..It should be totaly independent and decentralized currency but we are all aware that in real life this is not quite possible and speculations are inevitable part of bitcoins market. Yes, everyone should be aware that he is part of the overall system. And do not panic. Bad news on the spread cryptocurrency those who do not believe in it. On this, too, do not need to pay attention. I believe in the potential of Bitcoin. And yet my faith is hard to kill
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Kasabus
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January 16, 2017, 01:30:27 PM |
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I use bitcoin during still profitable, but not for the long term. Before the bitcoin price drop in the some time yesterday, I'm very optimistic that bitcoin will continue to shine. Many people think that the price of the bitcoin is formed naturally, rather than the result of speculation which is controlled, but it turns out my hunch was wrong. I sure bitcoin can be controlled and speculated on.
Yes, it is. Whales rule the world. And they control the price of Bitcoin. We just have to be flexible and wise to choose a time to sell and to buy Bitcoins I agree that whales influence the bitcoin price big time but still we shouldn't lose faith in bitcoin..It should be totaly independent and decentralized currency but we are all aware that in real life this is not quite possible and speculations are inevitable part of bitcoins market. Yes, everyone should be aware that he is part of the overall system. And do not panic. Bad news on the spread cryptocurrency those who do not believe in it. On this, too, do not need to pay attention. I believe in the potential of Bitcoin. And yet my faith is hard to kill Nice words coming from you, I hope you will live with it until the end. It's still early for bitcoin and yet we are already making a remarkable progress, but always watch out for big events in the future that could affect the value of bitcoin. No matter how many crisis will happen but your trust is strong you will be here until the end.
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noel2123
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January 16, 2017, 02:12:45 PM |
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You should believe on it, but you cannot sure that bitcoin can last longer. For you needed a money earning process, you cannot assure that bitcoin can do a lot for you. It is just like a sideline for you to earn some easy way. We do not know if you can earn a lot of money in bitcoin
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TheUltraElite
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So anyway, I applied as a merit source :)
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January 16, 2017, 03:55:17 PM |
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I think we should really believe in bitcoin specially that its price keeps on getting high, And also a lot of people have some daily earning because of this crypto currency
Thats correct if you think of prices and the profits based on trading. Most of us are more interested in the price and when to sell/buy. Daily earnings can come from trading bitcoin/fiat or altcoin. Believing in bitcoin is like accepting bitcoin to be the only sources of money. This will not happen anytime soon since 99% of us are using fiat and are comfortable with it.
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R |
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Drago2016
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January 16, 2017, 07:01:55 PM |
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I think we should really believe in bitcoin specially that its price keeps on getting high, And also a lot of people have some daily earning because of this crypto currency
Thats correct if you think of prices and the profits based on trading. Most of us are more interested in the price and when to sell/buy. Daily earnings can come from trading bitcoin/fiat or altcoin. Believing in bitcoin is like accepting bitcoin to be the only sources of money. This will not happen anytime soon since 99% of us are using fiat and are comfortable with it. You're right, with fiat comfortable. Because we can use it anywhere, anytime. But we must look to the future. And I am sure that in the future Bitcoin will strengthen its position. You just need to believe in it
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ArthurY
Sr. Member
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January 16, 2017, 07:08:54 PM |
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Yes, you can believe in Bitcoin. But there are have a lot of possibilities to loose them. Today for example I don't count correct my transaction fees for miners and loose time and maybe BTC in my Electrum wallet. Once my harddrive was crashed and I loose all my BTC. Recovery worlds does not apply when I am tried restore my wallet. So you should be very careful when you store, sent, change etc your BTC
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ifightformerkel
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January 16, 2017, 08:09:41 PM |
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When you are afraid then dont buy anything, or only dont buy with money that you can loose.
I can bet that in 10 years you will be very mad that you dont buy it, but that desicion only you can choose.
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Vasilije69
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January 16, 2017, 09:25:27 PM |
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Well, you can see value of Bitcoin nowadays. So definitely you should. It seems that BTC is going up more and more. If you dont invest some money, you will be sorry in couple years...
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TheUltraElite
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So anyway, I applied as a merit source :)
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January 17, 2017, 03:36:15 PM |
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When you are afraid then dont buy anything, or only dont buy with money that you can loose.
I can bet that in 10 years you will be very mad that you dont buy it, but that desicion only you can choose.
I do regret not knowing of bitcoin seven years ago and buying heaps of it. Only to sell it at the current price and make huge profit. It is true that prices are going to increase in future for sure. However the prices may drop for transient phases and hence it is not recommended for panicky traders who cant keep their cool when prices drop/rise. Believing in bitcoin can help you in making a side-income from the trading associated and the ease of transactions.
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R |
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Fireblade
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January 17, 2017, 06:37:45 PM |
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I use bitcoin during still profitable, but not for the long term. Before the bitcoin price drop in the some time yesterday, I'm very optimistic that bitcoin will continue to shine. Many people think that the price of the bitcoin is formed naturally, rather than the result of speculation which is controlled, but it turns out my hunch was wrong. I sure bitcoin can be controlled and speculated on.
Yes, it is. Whales rule the world. And they control the price of Bitcoin. We just have to be flexible and wise to choose a time to sell and to buy Bitcoins I agree that whales influence the bitcoin price big time but still we shouldn't lose faith in bitcoin..It should be totaly independent and decentralized currency but we are all aware that in real life this is not quite possible and speculations are inevitable part of bitcoins market. i think these are just false news and the big whale can manipulating the price of bitcoin, i do not believe on such news, because how can a group of people can manipulate bitcoin. because because bitcoin is not a centralize currency and is not under the influence of any country or group.
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