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Showing 4 of 4 results by Imaginarydigy
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Board Bitcoin Discussion
Re: Why should people invest in bitcoin?
by
Imaginarydigy
on 08/04/2018, 08:23:54 UTC
Don't only think Bitcoin for investment. It's much more than that, people use it for different purposes like for transfering money, payments, investing like in share market to earn profit etc.


Bitcoin not only for investment. It’s a fully distributed systems that exhibit a principle of TRUST without the central of authority, without a third party between all the transactions, its a digital currency. It's easier to use and useful especially in remote places that don't have an access to bank. You can use bitcoin without using dollars, less expensively than the visa network or safely in line with trade.
Post
Topic
Board Bitcoin Discussion
Re: Why Should People Invest On Bitcoin???
by
Imaginarydigy
on 08/04/2018, 08:15:34 UTC
First of all, Newbie should learn basic terms about Bitcoin technology. Bitcoin never said to invest on Bitcoin, we people are investing into Bitcoin for good returns. There are many facts about Bitcoin but one of them is people who are holding Bitcoin will make more profit when compared to people who are trading in the market.


I'm a newbie, Bitcoin is soaring high what interest me in Bitcoin I want to learn every strategy, every process and protocols. i saw all the testimony written that Bitcoin changed their life. Many people earned good income. i want to be one of them. 
Post
Topic
Board Speculation
Re: What is the reason of the recent drops in Bitcoin price?
by
Imaginarydigy
on 08/04/2018, 08:01:59 UTC
The network is working incredibly fine. So I think it's just the fact that there is not much hype around it right now. And maybe it is a good thing, since there was too much people entering crypto for a quick buck, without any knowledge about the technology and no long term mindset.

There is recent drops in Bitcoin price because its a new technology and price keep changing but hopefully it will get more stable in the future and the best way for Bitcoin becomes steady and stable when more people join.
Post
Topic
Board Speculation
Re: What is the reason of the recent drops in Bitcoin price?
by
Imaginarydigy
on 08/04/2018, 07:53:05 UTC
I believe recent price drops have been due to an influx of bad news.  Facebook and Google have banned ads relating to crypto and ICOs.  Many countries are debating how to regulate the crypto market.  I think the price will rise again once the storm is over.


Digital Currency is a new technology price keep changing. The rapid changes in its value its because most Bitcoin is owned by a tiny group of people. There is volatility in Bitcoin when the value has risen it will dropped sporadically.