Za1n
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Activity: 1078
Merit: 1011
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February 12, 2016, 01:25:53 PM |
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It will be trusted to be my "real money" once I can use it to pay for everything, including my taxes. Until that point it is simply a speculative investment. Sure I may be able to buy stuff here and there with BTC, but every single place that does accept Bitcoin, also accepts other forms of payment. So while I like and use BTC, it is still way down on my list of trusted places to put all my money into.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Mitchow
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February 12, 2016, 02:02:37 PM |
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It will be trusted to be my "real money" once I can use it to pay for everything, including my taxes. Until that point it is simply a speculative investment. Sure I may be able to buy stuff here and there with BTC, but every single place that does accept Bitcoin, also accepts other forms of payment. So while I like and use BTC, it is still way down on my list of trusted places to put all my money into.
Yeah, you cannot afford to put all your money into bitcoins at a moment, but a part of money in the form of investment can be a good option for future, if the value of bitcoin climbs up in future, then you can very easily sell it and earn good profits. |
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Supercrypt
Legendary
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Activity: 1554
Merit: 1054
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February 12, 2016, 02:13:36 PM |
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I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??
I know what you feel about this online things, when i introduce bitcoin to my friends, they also scare for hacker. But i can tell you that bitcoin is safe, and bitcoin also have a wallet like real money and of course it's safe. He is asking if bitcoins can be invested in websites but most here are ponzis and hence they cannot be trusted. Especially users here with red trust suggesting their own ponzi website or the OP who is promoting a suspicious link. |
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Nameless Coin
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February 12, 2016, 02:50:33 PM |
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It is of course an investment that you do. But you have to take the risk that you do.
But I do think it's worth doing it.
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Shinpako09
Legendary
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Activity: 1988
Merit: 1015
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February 12, 2016, 03:04:11 PM |
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If you mean is about bitcoin as investment yes it is safe but i would suggest that dont put all your savings into it because of some incidents of hacking lately. Maybe put a bit of investment and just make it grow.
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ctlaltdefeat
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February 12, 2016, 03:49:35 PM |
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I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??
not really safe,but its good to try believe that sometime internet will free from hack activity,lets hope that CIA will really reliable to take care internet user. |
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angryrob
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February 12, 2016, 03:59:21 PM |
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It is of course an investment that you do. But you have to take the risk that you do.
But I do think it's worth doing it.
yeah, its worth taking risk when it comes to investing in bitcoins, either we will become rich overnight or will end up loosing everything, totally depends on the luck, but I would surely invest my some money in bitcoins and hold it for future. |
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redsun114
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February 12, 2016, 06:46:30 PM |
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My answer to OP is yes .. in my 2 years of experience I have been very satisfied with bitcoin ecosystem. It is highly reliable and secured, if you hold your bitcoins for some long time then it is very profitable also..
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commandrix
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February 12, 2016, 06:49:51 PM |
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It can be done if you are very careful about exactly where you put your Bitcoin. I think somebody already mentioned that hacking has been a problem, and also you want to make sure you can always access your Bitcoin in a hurry if you need to.
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CoinSkipper
Member
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Activity: 136
Merit: 10
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February 12, 2016, 07:38:48 PM |
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Hacker can hack your bank account like your Bitcoin wallet. I have main rule. I exchange much I can lose  |
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JAyThaRevo
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February 12, 2016, 09:17:16 PM |
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It can be done if you are very careful about exactly where you put your Bitcoin. I think somebody already mentioned that hacking has been a problem, and also you want to make sure you can always access your Bitcoin in a hurry if you need to.
Yeah, and I don't think any problem with bitcoin wallets, as now wallet are accessible even from smart phones, so you access your bank 24/7 which is the best thing to have, and I have faith in bitcoin ecosystem so I would surely put my money into bitcoins. |
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diegz
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February 13, 2016, 06:07:44 AM |
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yes, you gotta trust bitcoin, it is like real money, and when it is already in your hand, it is your full responsibility to take care of your wallet,, If you want to try to invest bitcoin in any site, just put out what you think won't hurt you when things go wrong.. |
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blackmachinegun
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February 13, 2016, 08:19:59 AM |
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It is of course an investment that you do. But you have to take the risk that you do.
But I do think it's worth doing it.
Yeah its good investments, but you must know the risk and you must take it if you want to invest in bitcoin. is like gambling you know, we never know, the price will up or down, so lets see |
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zPanda
Member
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Activity: 104
Merit: 10
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February 13, 2016, 09:13:08 AM |
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Reliable indeed. However, has more of a 'risk' in terms of having a 'safe'.
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shiryu
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February 13, 2016, 09:46:59 AM |
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yes bitcoin is trusted to put my real money, not all my money just a little bit for trading and buy some items in online store.
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ATguy
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February 13, 2016, 10:56:16 AM |
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Reliable indeed. However, has more of a 'risk' in terms of having a 'safe'.
Actually with hardware wallets Bitcoin is more safe than other online payment solutions like paypal, CC or online banking - because user computers are hacked succesfully from time to time and Bitcoin hardware wallets are designed to be used even with compromised computers. |
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virtualdn
Legendary
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Activity: 1372
Merit: 1093
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February 13, 2016, 11:03:19 AM |
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Yes, put your real money but never invest more that you can lose  |
1 BTC = 1 BTC
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~Bitcoin~
Legendary
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Activity: 994
Merit: 1000
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February 13, 2016, 11:42:05 AM |
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I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??
Bitcoin is secure if you use simple paper wallet and don't save that file online. Just print it and store till you want to exchange your bitcoin in it. Talking about growing your money via bitcoin than it depends upon how market will grow in the future, there is no guarantee of loss or profit. But as you can see the current trend is towards profit. |
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Herbert2020
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Activity: 1946
Merit: 1137
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February 13, 2016, 02:05:24 PM |
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if you are looking for an stable price and a zero manipulation market, then you are looking in the wrong place. because bitcoin is not going to be stable any time soon.
but if you are afraid about security like getting hacked , bitcoin "can be" the safest option. because you can create the transaction which means using sensitive information in a safe environment like an offline computer and send the tx some place else. something that you can not do with paypal and credit card.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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lixer
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February 13, 2016, 04:38:37 PM |
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There is no website that can be trusted to put your real money in and most investment websites that promise to give the users more than 10% per day are fraudulent websites.
Buying bitcoin is absolutely risk free and highly trusted, but not the investment sites....
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