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Showing 20 of 59 results by Bit4UTeam
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Topic
Board Bitcoin Discussion
Re: Sell your house for investment in btc.
by
Bit4UTeam
on 04/01/2018, 13:03:18 UTC
Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.


would you try this technique.

I think I would not try this but if here is anybody who's gonna take risks share your experience then Smiley
Post
Topic
Board Bounties (Altcoins)
Re: 💰[BOUNTY] Join UPcoin’s referral program and earn a whopping $2700+ per month
by
Bit4UTeam
on 04/01/2018, 10:12:17 UTC
Sure, this bounty is an attractive offer for most beginners to cryptocurrency world.
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Topic
Board Bitcoin Discussion
Re: Too late to invest in cryptos if you're old?
by
Bit4UTeam
on 04/01/2018, 07:16:19 UTC
What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?


I think it's not too late, I'd better say it's a good time as elder people have more free time to trade. But there must be a person who will explain how it works and give some useful recommendations.
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Topic
Board Bitcoin Discussion
Re: One currency One world?
by
Bit4UTeam
on 03/01/2018, 11:17:12 UTC
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?

I don't think so. Probably, in some distant future when all spheres of life and all countries of the world will break new ground of evolution. But currently not many people even know what bitcoin is.
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Topic
Board Bitcoin Discussion
Re: Bitcoin address scam lookup!
by
Bit4UTeam
on 02/01/2018, 09:52:54 UTC
While browsing through the local craigslist ads, I realized there might be a need for a centralized database where people could report addresses that are involved in or associated with scams.

Is there such a thing already???
If not, I really think there is a market for such a service.

Let's say you are being presented with ridiculous offers that not only sound too good to be true but are also shady as f**k.
Wouldn't it be nice to be able to look that address up into a registry where other people have previously reported scams???

Not sure how feasible this would turn out to be, considering the amount of addresses generated every second... BUT... I don't think it could hurt either...
Most scammers are probably lazy and wouldn't think of switching addresses until such a service would become popular and/or adopted by bigger players (e.g exchanges)

That could really help a lot of gullible people who otherwise would fall prey to such scams.
I would personally use such a service if there was one

Let me know what you think...

I have never heard about such registries. Probable are there here any? I think it is a great idea, but the only thing is - what if you put a person as a scam  in the list and actually it was not his fault that something went wrong with the transaction, for example?
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Topic
Board Bitcoin Discussion
Re: Reasons You Shouldn't Buy Bitcoins
by
Bit4UTeam
on 28/12/2017, 09:37:47 UTC
Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.


It's up to you, to invest or not. Cryptocurrencies are the same investments as any others. There are always some risks.
I think that the only reason to stay away from cryptocurrencies is the case when you you need money for purchasing other things that you need for life.
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Topic
Board Speculation
What do you think on bitcoin going down? How much will it lower down?
by
Bit4UTeam
on 22/12/2017, 09:53:51 UTC
What do you think on bitcoin going down? How much will it lower down?
Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
Bit4UTeam
on 21/12/2017, 08:05:26 UTC
In some ways, probably. Bitcoin system allows people to send money without fee or with fees lower than those of the banks.
Sending bitcoins you don't need to use the bank services and pay for them. Banks are currently losing some part of their profit while a lot of people are using bitcoins.
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Topic
Board Exchanges
Will you prefer Bitcoin Cash to Bitcoin?
by
Bit4UTeam
on 21/12/2017, 07:35:09 UTC
Coinbase customers in qualifying countries will now be able to buy, sell, send and receive Bitcoin Cash. Will you prefer Bitcoin Cash to Bitcoin?
Post
Topic
Board Beginners & Help
How to choose the right exchange?
by
Bit4UTeam
on 19/12/2017, 13:57:43 UTC
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?
Post
Topic
Board Off-topic
Re: Are bitcoins only for the educated and knowledgeable people only?
by
Bit4UTeam
on 19/12/2017, 13:54:48 UTC
No, definitely. Actually it is clear and easy to understand how it works if you wish. Strong motivation to get everything clear and that's it. A few days of reading (there are so many sources over the Internet) and you will understand the essentials. If you wanna become a professional trader, for instance, it will take time of course.
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Topic
Board Speculation
Re: Why is the price of bitcoin rising so high?
by
Bit4UTeam
on 19/12/2017, 13:50:30 UTC
Due to a fast-growing number of traders and newbies interested in cryptos bitcoin is rising so high. One more reasons that social media and various news put the wind in bitcoin trading.
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Topic
Board Bitcoin Discussion
Re: Why aren't there more women in Bitcoin?
by
Bit4UTeam
on 18/12/2017, 13:46:35 UTC
It's a matter of time. Due to the fast-growing value bitcoin attracts more and more people including female.
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Topic
Board Bitcoin Discussion
Re: Who’s Satoshi Nakamoto?
by
Bit4UTeam
on 18/12/2017, 13:40:49 UTC
Satoshi Nakamoto is an anonymous creator of the oldest cryptocurrency and the whole system of bitcoin. As for me I think that it's not a single person who could create bitcoin. Who knows, hope that some day we will all get to know who he/she/they really are.
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Topic
Board Bitcoin Discussion
Does Social Media Influence bitcoin growth?
by
Bit4UTeam
on 13/12/2017, 09:52:53 UTC
Does Social Media Influence bitcoin growth?

Post
Topic
Board Bitcoin Discussion
Re: Am i late to buy bitcoin now ??
by
Bit4UTeam
on 12/12/2017, 14:29:17 UTC
It's never late, but you should consider if you can currently afford yourself to give $1500 away.
Just think if you have some money left for living, or if you don't need anything else to buy.
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Topic
Board Bitcoin Discussion
Re: $0,08 in July, 2010 and $17000 today!!! What was your first price?
by
Bit4UTeam
on 11/12/2017, 11:47:23 UTC
When it hit 5k. It was a very big number , i never imagined it will rise more than that but hey it's double now Sad i'm just sad because i didn't have money to invest in it. I would've doubled that amount by now.

You can buy just a decimal part of bitcoin or some altcoins if you are lack of money.
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Topic
Board Bitcoin Discussion
Re: $0,08 in July, 2010 and $17000 today!!! What was your first price?
by
Bit4UTeam
on 11/12/2017, 11:43:49 UTC
Bought my first around $250 in the beginning on the 2013-2014 bubble. Price went to $1100 and dropped back to $200. Keep on HODLing  Cool

If I would have known for certain that the price would be as it is now, I would of course have bought all I can get my hands on. But as we are all just humans with no time traveling skills I don't feel annoyed that I have invested only moderately. I rather feel lucky for getting so much back from my smaller investments.

You are definitely lucky!
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Topic
Board Bitcoin Discussion
Re: $0,08 in July, 2010 and $17000 today!!! What was your first price?
by
Bit4UTeam
on 11/12/2017, 11:40:35 UTC
My first price was around $ 650 in June 2016. Can you believe the rise in such a short time.

I can't still believe the price is so high!
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Topic
Board Bitcoin Discussion
Re: $0,08 in July, 2010 and $17000 today!!! What was your first price?
by
Bit4UTeam
on 11/12/2017, 11:39:19 UTC
I started when bitcoins were just $300. Back then the only purpose on why I bought bitcoins was that I needed to gamble with the bitcoins since my old bookie charge a huge margin compared to just playing on some bitcoin sports books like nitrogensports. At the time, it was not an option to play at the major and leading online sports books as it was terribly hard to deposit coming from my country nor do I have a credit card to deposit with. I feel bad though that I lost all those bitcoins back then, but can't really turn back time. Also, who would have know that after just a few years prices will come this high.

It's a pity!