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Experience matters a lot in this cases. The bitcoins are first and so are more experienced too in the cryptoworld
I think On paper it's easy to say that all coins are similar, but a single line of bad code can be a big disadvantage and experience with bitcoin makes it clear that we will not have big problems easily. To conclude a coin does not really produce anything. Their value is based on trust and usage.
Bitcoin is widely used and this is what makes bitcoin more valuable than other crypto currencies. Bitcoin is better tested at higher volumes and over a longer period of time which makes bitcoin more reliable than other crypto currencies.
Re: What happens when there is NO electricity? How does one trade with BTC?
This is a situation where I'm worried, digital transactions are useless. This experience will be a lesson for us, we must be prepared if we know this kind of catastrophe will happen to us.
If you want something more complicated, then maybe go elsewhere with electricity and connections to attract money so you can avoid the bitcoin trading complications when you have no connections and electricity.
Because you need an Internet connection, phone or any smart device to log in to your account, and you also want to trade using bitcoin and no electricity or connections, unauthorized trading. Since the preferred payment is btc, and it's unusable, you can use some real money instead?
I am very interested in this information
I think they have started, the future of electronic money will be brighter
I think they have started, the future of electronic money will be brighter
I think They see great potential in this cryptocurrency industry because of the trend. I know that this is another success for Samsung's plan to take part in cryptocurrency as they are tested and proven to produce high quality electronic equipment and devices.
For me Samsung is very wise because they are one of the most popular electronic companies that aims or tries to help and get into cryptocurrency mining especially Bitcoin.
I don't want to expect anything because sometimes it hurts hou so this year meven the price of bitcoin so volatile i still believe that bitcoin give a highest price by the end of this year. And we all know that price of the bitcoin will be base how in demand it is in the market.
I think It's because of the rising popularity of bitcoin All over the world that has led to an increase in bitcoin demand among people around the world. So it's safe to say that bitcoin prices will increase
I think bitcoin will survive in the future and the price will also increase from day to day. This is because since bitcoin starts its price has increased a lot and its users have also increased drastically worldwide.
Everything becomes easier if we put the time to study and to learn, like in Bitcoin before investing we need to have an idea of what it is. It's not difficult to understand because there are so many ways to get on it like viewing on youtube, searching google what is bitcoin and how it works. But its really true, I read some comments that bitcoin is not for all mostly for those negative mind.
I think They only know that BTC and got the value of thousands of dollars. They know various ways to develop their fiat by using bitcoin. It's all for the general population and I think it will stay that way!
For bitcoin the general public is just a medium of transaction and lately it's just a way of making money. That's everyone's thinking about it. In reality no one really wants to understand how bitcoin actually works here or how the mechanism of action occurs when a person transacts through a blockchain and how the miner captures and verifies it.
It is through paying our taxes that the government gets their funds. The government doesn't just print money and use it when they run out of them. If people refused to pay they'll have a lack of funds and the government falls, then the country falls as well. Plus the government has laws against people who evade taxes, so you're gonna pay taxes whether you like it or not.
It's just too bad that some governments doesn't use all what we give them to our own benefit
It's just too bad that some governments doesn't use all what we give them to our own benefit
I think you may want legal and physical protection, and will utilize a market that is governed and legally edited by the government, you will use state infrastructure but do not want to pay for its use.
if you will not pay taxes to the government, then there is no police, no court, no law.
Then you will pay taxes, the biggest drug dealer from your neighborhood.
If you do not feed your soldiers, then you feed the enemy soldiers.
But if you do not like it, you can always buy boats and sail on the high seas, or move to Canada's wilderness, Alaska, South America, Africa. But you may not like that scenario.
damned scammers shit
must always be alert never sleep
must always be alert never sleep
I think do not be easily fooled by the big rewards, and see also the participants, lots or no followers, last do not forget to join the telegram group.
when will join bounty campaign and also ico project, try to find your own, not a recommendation from person. even if it is a recommendation, we should know for sure the truth of ico, not just ico pictures only, but the whole ico project. I say this because sometimes people are sharing info about ico, they do not include in detail the project from ico.
Although this thread was created long ago I still would like to drop by my opinion. Actually this thread is appropriate for every moment that bitcoin goes down. Yes good to buy bitcoin when it goes down because the price decreases and maybe in another day bitcoin will goes up again rapidly. So better grab to buy while it is on red color.
I think It's the best time to buy it and wait for that moment when Bitcoin touches $ 20000 again. There's always the possibility of Bitcoin to jump that's why Bitcoin is different from other people's coins. As 2017 this year will also be good for Bitcoin investors.
We know that the ups and downs come in the crypto business which should be taken easily because this is a good time to buy Bitcoin as it will get back to its original position and we also know that Bitcoin never jumps and gives big profits.
The only thing that contradicts his vision of the world in five years, is that not all large States accept bitcoin. Those who accept it put forward harsh ultimatums op its regulation.
I think They got into it after a strong research about the market needs. Another thing is half that guarantees growth.
In the next five years, rising prices and adoption can also be expected on a large scale. Some say that mining will end, but from my understanding it will not end. As more and more large-scale companies are entering into the manufacturing of mining equipment.
Investing must have risks.
And the size of the risk depends on the investor in managing the investment.
For example, investors are less skilled in managing their investment then the risk of losses must be greater.
Unlike the case of investors who are very good at investing in potentially advanced projects, this will be the much more minimal risk.
The real risk can be minimized, so big and small the risk depends on Cryptocurrency investors.
And the size of the risk depends on the investor in managing the investment.
For example, investors are less skilled in managing their investment then the risk of losses must be greater.
Unlike the case of investors who are very good at investing in potentially advanced projects, this will be the much more minimal risk.
The real risk can be minimized, so big and small the risk depends on Cryptocurrency investors.
I think investing in the risk of cryptocurrency is sometimes higher than other investments but if you understand to manage with the investment of cryptocurrency, your profits are also much higher than what you expect due to very fast price volatility to rise and fall. this time is the right time to invest in cryptocurrency because almost all the coins are now in tilt and then count only one day of your investment into tripple or more. it is the real beauty of investing in cryptocurrency, althoug there is risk but it is manageable just just buy, hold it, and then sell.
Investment or investment must be manageable because the risk is around your investment and therefore every type of investment is always associated with risk.
The current economy is a free-trade economy in all respects on the principle of equality and mutual respect between countries that have the same influence and influence as the brothers of one family.
I think the conflict in the Middle East, Middle Eastern countries are often armed conflicts that make political and economic conditions weaken, the Middle East itself is the largest oil producer, if there is a conflict then the price of oil will rise almost around the world
the relationship of each country to influence the economy of a country, can be regional or international, for example, the crisis in Greece significantly affect the stability of the European economy
Advantage of investing bitcoin are; Highly Liquid in comparison to other cryptocurrencies, Greater volume, so chances of fraud are less, May provide Higher returns, Acceptable by many countries for payment purpose, Traded on thousands of sites, Transferable, It can be called as the deciding factor of the cryptocurrency market i.e. If Bitcoin falls, The entire crypto market falls & Vice Versa.
Some of the disadvantages are : Highly volatile and end up into a loss of all your investment, Affected by political and government policies, Affected by international market including forex market, Instances have been seen, where bitcoin has been used for the purpose of money laundering & illegal activities including terrorism.
In the end, I would conclude that Its the beginning of the new era and One who is a bull investor and have a postitive attribute towards it should definitely invest in it for long term to reap greater returns.
Some of the disadvantages are : Highly volatile and end up into a loss of all your investment, Affected by political and government policies, Affected by international market including forex market, Instances have been seen, where bitcoin has been used for the purpose of money laundering & illegal activities including terrorism.
In the end, I would conclude that Its the beginning of the new era and One who is a bull investor and have a postitive attribute towards it should definitely invest in it for long term to reap greater returns.
I think you can use bitcoin and buy a lot of stuff instead, because many people are really hungry about bitcoin. They think bitcoin is easy, so why not? Bitcoin is now traceable and there is a better altcoin which is good in terms of anonymity.
Although this has stated a valid point, some risks have been challenged because bitcoin is somewhat mainstream right now.
Bitcoin won't die, Although the government wants paper money more than the digital currency,but in the long run they will surely love BTC. BTC won't kill itself but will improve itself.
I think Any disturbing discoveries in human history have originally passed through this phase, as well as bitcoin. The next phase is widespread adoption!
some early adopters of all new technologies have become criminals. Their activities involve high-risk operations, so they are willing to use state-of-the-art technology. It has nothing to do with bitcoin.
There's too many scams out there now. Everyone should be careful and triple before accessing sites, sending payments and contacting the right people
I think I started believing and investing more time on research up to this date I have made good profits through bitcoin. My bitcoin long trip will support bitcoin until the end of my life it's not a scam at all.
It happened to many early investors and I was afraid to invest in bitcoin while it cost about $ 500 even I did tap to claim free bitcoin after I changed all my earnings into a currecy fiat.
No, its not the best time. Because the price of bitcoin right now is going dump. Wait for the right time to rise up again. Patience is the best right now.
I think if you are really worried about the short time gain then buying out at a certain point it would be very important that it is advisable to buy when there is a setback going on the price.
If we relate or go for long term then I would say anytime would be the best time to buy bitcoin and if op can buy at the time he post this thread then surely hes on the advantage of seeing bitcoin prices not rising eventually into new good heights for traders short and long term
Bitcoin had experienced a huge fluctuation in the current crypto market and in my assumption, this fluctuations are merely just temporary for it will recover soon. The best approach for most of the people holding their btc's is to hodl while market is down and buy more btc during dips since there will be time for it to make a recovery soon. This strategy seems to be very effective as veterans of the crypto market were doing such moves and later gain good and generous profit later when market had fully recovered.
I think It's as simple as that big amount of time till sometime when it is not and that's when all their previous gains will be removed.
You make it sound very simple, anyone with half a brain can learn about resistance levels, movements and patterns but that will not make them a successful trader.
Bitcoin will take the absolute advantage in ten years. Most people still prefer to believe bitcoin, so do I.
I think if all these bitcoin users do good and patient things, success will be obtained, and this bitcoin will still grow big because the number of people in this world is successful with this bitcoin.
bitcoin is the first to stand, and it is certain that this bitcoin will remain dominant and will remain the first time remembered by everyone on earth. although rival will increase, but still I'm sure this bitcoin will continue to grow in front of the day. because this is only from bicoin that will really give us a lesson about the investment world, and it all starts from the groundwork, where we have to work to join the bounty program to collect bitcoin and ethereum, and where it has accumulated fairly we follow the bitcoin investment this.
Certainly, it can help the developing economies in a number of ways. It increases the income of people through investment an thus they will pay more tax to the government.
I think bitcoin has really become the best choice for the citizens and it has been very helpful to many of them. Goldman sach is perfect!
Zimbabwe is an excellent case study and for those who really know about the economy of this country, they will know how annoying it is a very long time that keeps their currency over eliminated and with government policies and all that limited people from being able to do international transactions
Its really great that butcoin is one of the greatest largest currency.Through this popularity this butcoin image will result to high demand in the market. I hope for the next few years bitcoin will become number one.
I think the same applies to Ripple, all released by centralized authority and no one knows how many are really circulating.
first bitcoin is number 1 and is actually the only decentralized currency in the whole world.
these two numbers are market capitalization so when you consider a coin like ETH you have to eliminate their premines from market capitalization. for ETH 72.5% of the current supply is premined so that the market cap is down as much as possible.
I still doubt this. Although looking at the last price of 2017 ago with a very fantastic but if we look again the history of BTC lowest prices since 2009 is not always an increase. https://www.bitguru.co.uk/bitcoin-price-high-low-since-2009/
I think After all, I'm sure none of these people will ever foresee when Bitcoin is trading above $ 19,000 who will never again see a price below $ 7,000, and as we all know it reaches less than 6 months later! And that's why their predictions are worthless.
No one has control over the price so no one has reasonable expectations about what the future price will do. Prognostication by anyone, even people from the BTC Foundation, is somewhat worthless. It seems more likely they are trying to boost demand because weak demand has slowly deflated prices for a while now. As a member of the BTC Foundation, I hope they may have significant Bitcoin holdings and may be concerned about how their holdings have depreciated in value over the last 6 months or so. Because of this, I will see such "forecasts" not only unfounded (like other price predictions), but also self-motivated and conflict-oriented.