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It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.
Is the economy situation in your country that dismal? Or this is just some fear mongering?
The economy here in our country is somehow doing good already. Bitcoin has been making a wide noise already about being one of the biggest investment in our country today. I am hoping that bitcoin would help our economy improve more for the better of everyone here and also for the convenience of the people in terms of how they hold their money, I can also feel that the time is near that bitcoin would be legalized already here.Is the economy situation in your country that dismal? Or this is just some fear mongering?
This question is thoughtful somehow since it can does so to only but only Bitcoinners that actually knows what is to be done with Bitcoin in most ramification. But the question at the other end is awkward because maximum number of people around the world is yet to understand Bitcoin and all what it entails, even the educated ones, since their education is limited to Bitcoin fundamentals and strategies, left alone the knowledgeable ones of same.
yes of course that bitcoin can really change the world for real, as many individuals had already helped and had change their life so it is just up to us whether we will follow their foot prints or we will just let ourselves to see what will happen to them next, it is our option. 
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Yes as expected though last year bitcoin surpassed the price of Gold , and suddenly shock the world and as of now many people noticing bitcoin and also bitcoin gaining it's popularity which positively gain more opportunities on the near future. And as of today bitcoin is decreasing because of the demand on the marketplace , a lot of whales and holders been panic selling then it result to decrease the price of bitcoin , but yet it's increasing and now just holding my coins , and waiting.
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.
How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?
And how do you see it's future?
How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?
And how do you see it's future?
Bitcoin is blowing up now. The price before has increased dramatically. In terms of payment system, I think bitcoin can't be a mode of payment in online shopping or in any other form. The problem in Bitcoin is the volatility in which the price changes from time to time. Companies would be taking risks because the items has stable price while bitcoin is not. Also, transaction fee is slower and higher in Bitcoin.
Today, there are many new digital currencies, but still bitcoin has a huge advantage in front of them-it is over its improvement and new products based on it that the best minds work, it is bitcoin projects that attracted huge investments from venture investors and corporations. Bitcoin has the largest community of supporters. I think that hardly the same success can be repeated by any other new cryptocurrency in the near future.
No, Ethereum is the 1st coin in the GPU mining community. In my country, the total number of people mining Bitcoin is lower than GPU mining Ethereum so much! Because the cost to mining Ethereum is cheaper than Bitcoin. Hardware to mining Ethereum is also buy easier than Bitcoin Asic from China.For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
There are so many advantages of bitcoin just like it can help us to earn money even if we're student. The advantage of it to us is that it can make our life better and it help us to helps our family on our financial. The advantage of bitcoin on other cryptocurrency is that it is the one who discovered first and there are so many popular person that are working on it.
If the price fallin of course will make us panic because it's just human tendency to panic. But don't sell it just hold your coin and wait for the price to recover, and just stay calm. Trading in crypto market needs a lot endurance, wisdom and big heart. Cryptocurrency is a high risk trading and most people already aware of that.
I didn't agree with that as well as to say calm and don't panic. We are all a human being and not all people are aware of it there are many people joining cryptocurrency without having a full knowledge to their investments. I learn it from my mentor, the more people on top how much more the people who are in below them. The panic starts with the people in the people who are new in this crypto and im one of them in the past year even now. What's good to me is i handle and accept the risk before selling win or loss i think first. What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
I don't believe that bitcoin cash will be the sane value of bitcoin as todays performance but in some point if we try to see on each performance I'm in favor on bitcoin cash. As time passes by bitcoin cash, really impressed me duee to it's performance that it reached around $1,500 for just short period of time which for me one of the great and spectacular performance in the crypto market.
Bitcoin is and always will be very volatile, but this does not mean having to give up his purchase. If you look at the chart of growth rates you will see that every year the price of bitcoin is increasing. This trend will persist for a very long time so you can buy it at any time.
so i should buy bitcoin at this point or when the value reduce.
You should look into buying it when theres something that effects the market, like the Chinese new year that was going and the prices dropped low on that month and it raised back to 11K as we speak.
1. When the Bitcoin trading volume increased higher 80% than normal but the value of Bitcoin has changed below 1-3%, that is the time to buy Bitcoin as soon as you can.
2. When the Bitcoin trading volume increased or decreased more 80%-50% than normal but the value of Bitcoin has changed more 5-10%, that is the time to sell Bitcoin as soon as you can, even you must to take loss, because the big bearish trend will happend in the next time.
BTW, please give me some merits if you think my experience useful for your trading
, thanks a lot.I do believe that they don't fear cryptocurrencies, losing their customers rather. The fact that they were trusted by people with their money to be exchanged in a typical currency (the one that we usuually have in our country), would be affected if people would go and put their money in to invest in cryptocurrencies, and this currencies will be using digital wallets instead of bank accounts. Also, they don't recommend people to invest becaue of it's volatility.
Cryptocurrency must to has the government support it to help it become popular more on the world. Without the government, cryptocurreny can not approach to everyone and a lot of people will do not know what is cryptocurrency and how to use this currency. Therefore, for me, the banks does not fear cryptocurrency at least in next 20 years up to a century.In my country, the bank account is following by the government and if there is something unusual, the officer calls you for a meeting and ask you where this money come from.
If you transfer your money to your bank account when you sell your bitcoin, you have to pay the tax of the income. So bitcoin cannot kill the tax system.
Do you think that system really privacy for user? Nowadays, not like the era backward, most of the people know which system is better to keep safe their information and the privacy when using. The government do that just make the banking system become worse more in the opinion of the people. Until the people have enough power to change the monetary system, they will use other system to replace the banks.If you transfer your money to your bank account when you sell your bitcoin, you have to pay the tax of the income. So bitcoin cannot kill the tax system.
Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.
BTC
So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins.
It would be a great thing if this matter would be handled because there are instances wherein all of the hardwork of someone is being disregarded after being gone in the world. I am also wondering how this stuff should be handled. Many people are already complaining about this hoping that they can have an assurance that all of their kept bitcoin will go to their family.BTC
So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins.
In my opinion, its hard to do your job and trading together. Trading needs a lot of time. But if you can do both then go. Though trading is very risky. I suggest you to read articles about trading so that you can have enough knowledge on what investment are you going to profit.
Yes doing both trading un cryptocurrency and doing your regular 8 hours duty on your job is totally hard to manage. But the main concern on this matter is how would you divide your time or in short time management. Time management is the only way to do both because if you know how yo manage your time for sure you can do both.
. Organize your time, reduce your leisure time and spend more time on what you need to accomplish.Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?
If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.
What's your strategy?
Well my strategy for selling my token is just a matter of when the money is highly needed for me andif not even the price is higher I can still hold it up until future comes because I know time's roll and roll then the price more higher in the right time.If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.
What's your strategy?
I certainly felt depressed, i cried a river. Due to the fact that my precious altcoins that i kept for sometime hoping for a good return went the other way, the ungainly way. I stared at my computer for a very long time, gazing at nothing. What to do?, what just happened?, what did i do wrong?, i asked myself. I went out to breathe some fresh air. I went for a walk, i need to rethink. I bought ice cream, to cool off my head and that strike me, it was all my fault. I should have done this, i should have done that. Things cleared out and i hurriedly went back to trading and lo and behold, it was a tremendous success.
Sometimes you have to go through that loss before you can come out the other side as a different person, one who has learned from the experience. Thanks to that ice cream.
I once asked a lot of questions about why each trader has in his portfolio a very large number of different coins. Could not you just use three or four or five coins and touch them? But apparently I was convinced that the more projects you have, the less chance to lose your money. Therefore, do not focus only on one indicator.Sometimes you have to go through that loss before you can come out the other side as a different person, one who has learned from the experience. Thanks to that ice cream.
.For me now is the right time to buy bitcoin. I have a question
How could I buy bitcoin using paper money?
Yes agree, this is a good time to buy bitcoin, currently bitcoin prices continue to go down and cheap because many chinese users are selling to celebrate chinese new year februari later.How could I buy bitcoin using paper money?
You cannot say that for sure but it's a decent amount to buy bitcoin compared to what it was a month or two ago.
Many people are expecting the bitcoin price to be +50k usd including me by the end of this year but not sure if that's gonna happen.
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.
Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.
Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?
Actually all of the currency around the world can be used in illegal actions like buying and selling drugs online or in real world without noticing the government yet it can be revealed. But in bitcoins you can't leave any trace with your transactions with drugs because it is all hidden.Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.
Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?
For me the real reason to hold gold and bitcoin is because the value of it is not stable, so it's have a big chance that the value of it will totally rise very high or will pump very high in the future, and i am confident that holding gold and bitcoin is very good strategy to make or earn many profit maybe x2 or x3.
I think bitcoin will give you that kind of profit because the price of gold is almost stable unlike with bitcoin the price is continuously changing to a much higher price. By just holding bitcoin for a couple of months you can have x2 or higher profit because as we can see with the history of the price of bitcoin, how much it went up for just a few months.You are right there, for me its good to hold gold since its also a good investment but the best would be bitcoin even though the price is fluctuating but once its rise up its going to be worth it. Its more profitable than gold.
yes all depends on bitcoin users. bitcoin used more and more in this life then the better the future of bitcoin in the world. bitcoin depends on the strength of people in this world.
Yes, I really agree with your opinion. The cost of bitcoin will be based on the number of participants and investment in it. So I think there will be a strong uptrend of bitcoin in the next 4-6 years. I hope that everyone will respond positively to the market of bitcoin so that it grows stronger. As bitcoin has grown, improvements in the economy of many households will be improved.Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
We all have different views about this matter but for me, bitcoin's volatility is greatly influenced of the demand it is getting. The law of supply and demand can be depicted here in bitcoin. As we all can see now, the demand of bitcoin keeps on growing that's why it has become very expensive nowadays. The volatility of it was able to attract a lot of investors that's why we should always appreciate it.