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Re: Is it worth to pay $8200 for 1 BTC if you are a newbie?
Yes it is worth it because in a couple of days when it gets higher then you will have profit and you won't be a newbie anymore every price is worth for bitcoin because bitcoin is a very good choice for anyone who wants to earn a lot very fast.
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
Even the mother of all nations have a corruption in their hearts, the thing here is that we just cant blame the blockchain technology by the actions the leads to corruption. Everything can lead to corruption, even alts and that's how the world work. If you are worried that BTC will become a big part of terrorism, crime and drugs then even if BTC dont exists this crimes will never cease to exists. It is here even before the time of Cain and abel. Questions like this is so obvious that people are blaming things for their own actions, and thats sad that humanity lost the way of viewing things that instead of fixing themselves, they are banning something that is worth using for.
In fact, it will be the owners of bitcoin will be held responsible for using it in such kind of activities. We need to use it for betterment of society.
It is indeed like heroin people get addicted to it and i think they even want to make it their daily job people made bitcoin their daily job and are so addicted to it they know everything about it and how everything works and they even earn a lot in just a week or two.
Bitcoin will more then likely won't destroy fiat , Banks and goverments will simply won't let us do that . They will even make their own crypto currencies but It won't be decentralized like Bitcoin because they like to control .
Now if we speak about the price , yes It's going to rise a lot and if we speak about the users then yes It will rise a lot too but "Almost everyone" ? probably not .
Kinda agreed with this guy opinion about the topic discussion. Like what he said, right now Uruguay made move about creating digital currencies that is "not bitcoin". Bank and government absolutely won't let digital currencies destroy them. and the term used by everyone. I think we need to eradicate the lack of technology knowledge in some area in this world. Now if we speak about the price , yes It's going to rise a lot and if we speak about the users then yes It will rise a lot too but "Almost everyone" ? probably not .
Yes i do use my btc because i am still young and believe that even if i have a lot left after i am old what can i do with it i will not have enough time or energy so i would rather use it now while i have the time and energy for my money.
http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.html
This article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money".
...what other ideas come to mind?
This article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money".
...what other ideas come to mind?
In teaching kids about bitcoin, you can give examples to them, let's say the games that they play and then try to relate bitcoin into that said game. You need let them know that once you have bought something in that game using real money, they value it so much as they can sell it in the future. The same procedure applies when it comes to bitcoin.
Bitcoin is a serious matter, there is a risk in using it because they will have freedom to use it in anything they want, this is like money
when you teach them how to spend and they have a lot of it they might use it in a wrong way.
There is no right time to buy bitcoin but i would say that even if you buy right now you can still make a lot of profit out of it and be very happy because bitcoin will give you profit no matter what happens and that is the big thing about it.
This thread started on 2015 maybe at that time Bitcoin a bit stuck then now we can see Bitcoin flying to the moon.
Now bitcoin $10,000/BTC. We still hoping next year will flying again till $20,000/BTC.
Now bitcoin $10,000/BTC. We still hoping next year will flying again till $20,000/BTC.
I think that bitcoin will survive for a long time as well because a lot of people invest in bitcoin and i think that it will grow a lot more.
the value might reach 20k in the future but i think it will take a long time for that to happen.
Spending bitcoins is very easy for me because i exactly know what i want to do with them i want to go on a world tour and i have that advice also from someone who is on this forum someone ever posted what if you could go on a world tout and i knew i wanted that.
Why is that bad you know you can buy a lot right now then and sell it later because if you watch it right now they are growing again that means they will not be down for a long time so buy a lot while you have the chance to buy them at cheap prices.
It is not hard to keep 1 btc but i think that is is verry stressful because you want to make the most profit out of the bitcoin.
But if the value goes down then you might lose your profit so you need to sell at the right time.
But if the value goes down then you might lose your profit so you need to sell at the right time.
I think people already are using it because i know a lot of people who are have made bitcoin their daily life income and now are enjoying the money they get it from it daily that is a great way to earn them and earn a lot of knowledge.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
The thing about saving is, the money inside the savings account doesnt grow. Es, youll have extra money whenever you need it. Still, the money in the savings account will not last forever. So, its still better to invest.
In a situation where there would not be internet anymore because without internet there would be no bitcoin at all and no one would be able to earn or buy or even sell it that is i guess one of the things that would be able to kill bitcoin.
I agree with you because bitcoin need the internet to stay alive without internet this forum would never been here bitcoin would have never been made and we would still work at wall mart to support our family everyday.Corretions are always, it's a normal in markets. BTC is a revolutionary means of payment and many companies in the world are introducing it so the price is rising.
Yep, Many people are starting to use bitcoin so this means everyday more users are using bitcoin. This will help the price of bitcoin going up. Even companies famous are investing in btc.
It can also fall down very hard because bitcoin is unstable. We will see in time what will happen to bitcoin.
I actually would go for a gold worth of 50k after all. I am a bit scared that bitcoin would fall in a week to zero, but bitcoin is also gold for me.
Its a hard choice i think its 50 and 50. Bitcoins can also be worth more than gold though.
Its a hard choice i think its 50 and 50. Bitcoins can also be worth more than gold though.
If altcoin is falling you should buy it, because every coin will sometimes fall and rise. Its a risk i know but its worth to spend it. Don't invest all in just a small amount to begin with.
You can then learn if the coin is trusted so you can invest once again in the future to it.
You can then learn if the coin is trusted so you can invest once again in the future to it.
2Mil its too big amount of money. If I have 2M the half will investment in mining bitcoins and the half of the amount will buy bitcoin and hold I after in many years and sell if the price is double or triple your money.
Mining is also good but it's not easy. Probably the best way to invest that money is by buy bitcoin directly and divide it in some hardware wallet with full sync, because this is the most secure wallet. Wait until a few months or years, then he will get big profit from it. Creating bitcoin-related business is also good but it's not only need capital but also need knowledge and great team. Yes I agree you.Better to inverse in bitcoin rather then inverse in mining.Because,For Mining you need of more stuff and more inversement.If you are a risk taker means ,you can get into the Mining.Even you can do trading to get some more bitcoin from the trading.If you have 1 Btc means,you are the richest person soon.
Mining isn't the wisest investment if you're not that rich like you have just a limited money.
Maybe you can do that if you have tons of money and will don't depend on the profit you can get there.
Instead, diversify your funds to coins that have great potential, whether you trade or hold it will still be profitable
Yes for instance i earn it from claiming on faucets and then I am using it these coins for gambling sites. As you already told that you will only lose time. This is true you will not lose your real money.
I have currently 40k satoshi I am going to gamble with it i hope that i will double them. If i lose all my money i wouldn't be upset.
Things don't simply collide with zero unless they are totally pointless or have poor administration business shrewd. In the bitcoin case, there is a great deal of significant worth in it. It may not be sponsored by anything besides rather nowadays even FIAT monetary standards have no support. So it has a lot of supply it will be difficult to reach 0 of his value.
You can use blockchain in order to receive ETH on it. Blockchain is a trusted wallet so its not a scam wallet. You can buy there btc and eth at the same time. So why should you make one for ETH on a different wallet. You can use these both coins on one wallet. Is that not better ? I would just go for blockchain i have already some bitcoins there.