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Author Topic: The truth about bitcoin  (Read 3937 times)
speedy963
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June 25, 2018, 02:29:42 PM
 #41

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.
Just because there are also other purposes of bitcoin doesn't mean that the main purpose of bitcoin and blockchain technology will be forgotten. People only see what is the outer benefits of bitcoin and blockchain technology, maybe because of what they heard before entering or maybe influences, but for the better please do not forget also the other true purpose of blockchain and bitcoin.
riplete
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June 26, 2018, 03:00:27 AM
 #42


The biggest truth is that bitcoin can make anyone rich. Bitcoin continually advances.
It is the most evolutionary electronic currency at the moment
Markettoken
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June 26, 2018, 03:10:06 AM
 #43

helps many unemployed people earn income from bounty projects, investments that follow the shadow of the hacker and that is real.
Johnzky
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June 26, 2018, 03:14:51 AM
 #44

Theres no valuable gaining than risking your capital before profiteering and thats what bitcoin investments is all about,youre right on this one mate because most of the people here thought that this ijust an easy money and they ge nothing to do with the technology
Herbert2020
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June 26, 2018, 05:34:48 AM
 #45

the only truth about bitcoin is that it has interested a lot of people of many different types. the worst type are people like OP, idiots who think if they spread some bullshit on bitcointalk they can find access to cheaper bitcoins to buy and make a tiny bit of more profit in their pockets before the day ends and they miss their chance.

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.
zoeylee
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July 03, 2018, 06:40:18 AM
 #46

Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
Yes i agree, it works with real money. Anyone could be be rich if patience will always be your attitude. It makes progress in the sense that you know how to deal on it.

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Odlanyer
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July 03, 2018, 07:25:03 AM
 #47

Bitcoin is a digital currency, yes that is true because of bitcoin you have an extra money that you need in daily life, your life become brighter in bitcoin you become rich and any people. Bitcoin is a good investment in the future.
paulparkker
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July 03, 2018, 07:42:27 AM
 #48

The truth of bitcoin it first digital currency its work on block chain if i say in other way block chain technology invent of bitcoin ..and nowadays its the big valuable currency according to others 
ilovecoin1112
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July 03, 2018, 08:08:31 AM
 #49

Wholeheartedly agree, too many "investors" looking for a get-rich-quick scheme.

Souw33
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July 03, 2018, 08:16:30 AM
 #50

Many people who do not advise to invest in bitcoin because of considerable risk. I think there is no investment land that has no risk, all investment must have risk and not always profit. If bitcoin is not worth the investment, but why are there still so many people investing in bitcoin, and quite a lot of people are becoming billionaires as a result of investing in bitcoin.
ballerin and giroud
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July 03, 2018, 08:43:09 AM
 #51

Anyone who intends to invest in bitcoin or altcoin should have their respective goals. It is true to get profit when investing in cryptos someone must dare to take risks, someone must be ready with losing the money he has and they are ready for a very volatile price movement. And to decide such things does take time, but when compared with the way people to get profit apart from cryptocurrency is more comfortable. I agree with someone who creates cryptocurrency as an additional income, they spend money willingly to lose.
Gurjasmeet
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July 03, 2018, 08:50:06 AM
 #52

We can achieve to peak point target use bitcoin. but for get it we would be work hard, much more  knowledge assets & projects. due to popularity lot of people invest money to become richman.
RamonBTC
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July 03, 2018, 08:52:43 AM
 #53

So better be educated and knowledgeable enough before investing. Yes it risky, but is it a scam? No it is not until someone decide to use it for such shame.

Those who doesn’t understand the risk with it on the first place doesn’t deserve to be in this investment and can now start packing they’re money and round away.

You invest your money on your own, so blame it on you if things go wrong. Easy.
Ctn
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July 03, 2018, 08:59:11 AM
 #54

I dont see how that is related to the bitcoin alone and not for all of the crypto currencies. Well, bitcoin is basically currency and it wasn't meant for earning money but human greed put it into the position where we use it for doing so.  Roll Eyes

Anyway, the truth is money gets more money and if you add risk in it then you get even more than that. Scams, issues with earning methods, getting into wrong way of earning is all about the rules of financial management. How do you seek the monetary funds and how well you manage it.

Its not about the bitcoin really, its about financing I guess.
ritiktakyan01
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July 03, 2018, 09:24:49 AM
 #55

Bitcoin is a digital currency. It is true that bitcoin works as a real currency. This is also true. The biggest truth is that today everyone wants to get a bitcoin, bitcoin itself is a truth.
longwintershere
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July 03, 2018, 09:28:37 AM
 #56

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

most people I know just bought bitcoin because they don't want to miss out if the growth like in 2017 happens again. They don't care about te technology or idea behind it at all

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sakamaku
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July 03, 2018, 09:30:14 AM
 #57

I agree with your point, it is not easy, it will be a great source of your budget if you know it, Bitcoin is the payment system that people need to apply for. It deals much faster than bank transfer.
phucngungoc
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July 03, 2018, 09:34:18 AM
 #58

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think that at this time we can hardly predict the future of bitcoin, the market is constantly fluctuating and difficult to predict, bitcoin prices are constantly adjusting and down more than 70% during the past 6 months . I believe bitcoin prices will probably continue to fall sharply from now until the end of 2018 and may fall back to $ 1000.
Doterti
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July 04, 2018, 06:08:59 AM
 #59

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think that at this time we can hardly predict the future of bitcoin, the market is constantly fluctuating and difficult to predict, bitcoin prices are constantly adjusting and down more than 70% during the past 6 months . I believe bitcoin prices will probably continue to fall sharply from now until the end of 2018 and may fall back to $ 1000.

One of the truth about bitcoin is the bitcoin is really exist but the only thing why others try to dispute it because they don't believe it that there is a money through online and that's why some people are trying to use it for "scam" purposes so that they can benefit of it and with that process is through investing. It is just the matter of believing it and time that bitcoin is really exist. We all know that there is no easy way to have an income that's why you need to risk it whether the outcome would be a failure or successful.
Husecomang
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July 04, 2018, 06:52:01 AM
 #60

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.
Just because there are also other purposes of bitcoin doesn't mean that the main purpose of bitcoin and blockchain technology will be forgotten. People only see what is the outer benefits of bitcoin and blockchain technology, maybe because of what they heard before entering or maybe influences, but for the better please do not forget also the other true purpose of blockchain and bitcoin.
Blockchain is a very big technology and it cannot be limited to bitcoins only. Not many people were aware of blockchian, until bitcoin came .As far as true purpose of bitcoin is concerned, it will only be fulfilled once we see bitcoin being used in real sale purchase, as fiat is used.
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