Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world. Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market. I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution. If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself. You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization. It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
To be honest, i don't think that bitcoin could ever become someone's main income. I have little faith to those users who tell about their huge incomes from BTC speculations. They are exaggerating, for sure.
How to start a trade with small amount? I am not a millionaire.I have jaust some money.I want to trade with my small amount.can I do this?Then how?
I don't think it's a good idea because you sacrifice your nerves anyway, irrespective of amount you invested. It will be better if you save more money before you start to invest.
now a lot of investors are investing in bitcoin, therefore bitcoin has increased very rapidly, if bitcoin decreased what should be done?, whether the investors will lose?
Keep holding your bitcoin, it may be decreased sometime but it will rise again with higher price. you don't need to be doubt in bitcoin potential.
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BoardEconomics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
Niranana
on 22/03/2018, 11:06:16 UTC
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WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
Even reaching 15% would be a great success for bitcoin in 2022 because right now there can hardly be 5% people in the world using bitcoin and just after a few years it cannot jump so high, it needs a lot of time to discover all the world.
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BoardBitcoin Discussion
Re: Is Bitcoin Really The Future Of Money?
by
Niranana
on 21/03/2018, 15:52:05 UTC
I'm sure Bitcoin will be central digital currency in the near future. you know that more people use it and bitcoin is now very popular many big shops online accepted bitcoin as money.
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BoardEconomics
Re: Armed robbers have raided the house of a British virtual currency trader
3 months ago, one of the biggest Turkish exchange owner had kidnapped and forced to give private key of the cold wallet. Kidnappers stole 150 BTC. So this news is not the first physically stolen Bitcoins via force. I am sure there were some other robberies too.
Yep, kidnapping in order to knock out private keys is a very common practice nowadays. It has happened before, it'll happen again.
What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?
That's easy. You take some money which you can afford to lose and buy that amount of BTC you have enough money for. I can't promise that you'll get a profit within a week, but you will get much more within a year.
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BoardEconomics
Re: How many people in the world know about bitcoin?
by
Niranana
on 17/03/2018, 09:56:35 UTC
To calculate this value, you have to take a percentage of people who don't use internet in their daily life, also add here a part of humanity who don't have a computer or electricity at all...I think not many people in the world know about BTC
Hi all, I have a really simple question or so seems to me cause i am a crypto noob. I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
That's what happens when when you're taking advices from bitcointalk's forum. But the suggestion to hold is not the worst you could recieve here. Just try to analyse the current situation to avoid loses in the next time.
I'm very skeptic: I'm not an expert, but I see that you need a lot of hardware and big investments to make a profitable mining. So, I don't think that you can have results with just a cellphone.
I think so too. Cellphone's hardware is not powerful enough to carry out tasks related to the mining process. Also there is a threat of battery breakdown.
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BoardAltcoin Discussion
Re: WHAT IS GOING ON? Come back form holidays and everything red????it is over?
All my coins are badly red! I know...Hold and blabla...but jeez...i was away just few days ;/
What did you expect? That's a crypto market, not a goldmine. Sometimes you must be prepared to such insidious situation. At least you have to stop creating panic threads, OK?
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BoardBitcoin Discussion
Re: Some of my friends still think Bitcoin is scam and Ponzi
We just have to prove to them that bitcoin is not a fraud. Bitcoin is the lifesaver of our lives. Prove that bitcoin is not a fraud by buying luxury goods. surely they will ask you. at that time you can give them an understanding. that bitcoin is not a fraud.
We have to? I don't really think that we have anything to prove. That will be only his problem when he realized just how wrong he is.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin can grows at a very fast rate and saving and holding a large amount can earn you great returns. Holding for more than can double the value of your Bitcoin so save and hold as much as you can.
If one were to buy and hold solid avaerge coins (not a coin that kicks out and gets 10000% gain), but rather a nice steady gain like eth, Ltc etc (top 20) and starts with 10k, is it possible to reach a million without trading and buying/selling at highs and lows? If so, how long would you predict it would take? Or are most coins not going to last long term, so every 6 months would I have to rebalance with newer coins?
You have to be the great predictor or the great lucker with balls of steel I'd sell my alts on x2 to fix a profit - it's simple and safe strategy.
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BoardAltcoin Discussion
Re: Ethereum price in future
by
Niranana
on 12/03/2018, 09:46:25 UTC
The cost of ethereum is strongly depends on BTC price. If we'll see a robust growth of bitcoin price, that cause ETH grow up.
Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring. Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest? Is there a chance that bitcoin will be down?
i think, oneday bitcoin will come to an end sooner or later, and will be replaced by some better altcoins but until that, i hope bitcoin will rise more and more, growing and developing for me to keep investing in bitcoin.
Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
Money saving is the most useful habit we can imagine. You just need to create a list of your daily spendings and try to optimize it as much as you can. Bad habits, cafes and restoraunts, brand-name things etc...
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
Bitcoin is not the same as random shitcoin. I think it's not possible for a single person to manipulate the price as his wish, a big group of whales can influence on the price and make the other people in doubt because of panic sell, but price of bitcoin is very stable and much big money involve in it.