there is absolutely no comparision between these 2. Buying gold can a long term investment. But buying bitcoin is what you need to do right now. Thats the best investment of this era.
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Re: BitCoin Is Too Complicated for Average People!
by
procryptoguy
on 04/11/2017, 20:09:33 UTC
Yes you are absolutely right on this. Bitcoin is too complicated for even day use. I talked about bit coin to several friends of mine and they are from technical background . Still they donot understand how and why bitcoin works and what is the important of it. So you can imagine how hard it is for non technical person.
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Re: Why Bitcoin is Different From Other Currencies?
by
procryptoguy
on 03/11/2017, 09:12:35 UTC
There are many reasons but the main things are, 1.Its a crypto currency. 2.no one can hack or break the system.Unless your computer is compromised you are safe. 3.There is no centralized entity that can control the price.The price is on us only.
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Re: Don't Buy Bitcoin Now - At USD6000
by
procryptoguy
on 02/11/2017, 14:40:28 UTC
Buy at anypoint untill 13th of november ,cause people will buy untill then no matter what. Altcoin will drop by price and btc will be high as usal. So buy now and donot re great.
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Re: Bitcoin is changing the world.
by
procryptoguy
on 31/10/2017, 17:04:51 UTC
Yes ofcoure,its actually causing millions of opportunity. For job seekers for industrialists and for other businesses also. There are other cyptos also which are actully empowering this idea. We hope in future bitcoin will grow to new highs.
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Re: Bitcoin Is A Big Threat According To China
by
procryptoguy
on 31/10/2017, 15:41:51 UTC
Yes actually this denationalization of wealth is a big threat for every government. Here the main problem is the more the oppose the idea the more it will grow. Better instead of opposing i think government should make some regulations on bitcoin and that will be the best step for future.
I've been watching and monitoring bitcoin for close to 3 or 4 years and I can say this year has been the best year for the crypto and all the investors in the market, firstly, the coin witnessed unpredicted increase in value this year more than any other year before.
I know that the value is based on the principle of demand and supply but I'd like to know what else contributed to the price value and the popularity bitcoin has right now globally.
There may be quite a lot of factors on bitcoin boom.
The rise of ico in 2017 ,There are like 1000 ico going on right now almost all neeed bitcoin to participate
The social awareness of bitcoin ,in 2017 we found lots of youtubers promoting crypto currency hence this pump.
Saving bitcoins to your decendence might be a very smart move if you are already providing enough money for yourself to have a decent life , but i don't think that the inflation problem will stay forever and it might be corrected rather sooner than later to ensure a stability among bitcoin users . So you should start executing your plan in order to get as much profit as possible .
I donot think this will happen ever ,cause the price are not stable for 9 years and it will not be in future. So yeah if we keep saving a littile bitcoin for our next generation it will be great for them when they grow up. and I really hope by that time bitcoin will be 50000usd.
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Re: is it risky to turn all my money to bitcoins?
by
procryptoguy
on 26/10/2017, 15:35:28 UTC
Yes its always risky to put all of your eggs in one basket may be you can do like 80% in bitcoin an 20% in other crypto currency. The best strategy is to put 505 of your all money in your banks. and then buy bitcoins and then invest in crypto currency
What are the best countries in the world to start and run bitcoin businesses? For example, crypto-equity exchanges, bitcoin gambling, sites like purse.io, etc. Are there any like this that welcome these sort of businesses and can these businesses avoid scrutiny from foreign regulators or do they still have to comply with the regulations affecting their customers? Thanks!
right now if you want to start a bitcoin business start from Zimbabwe. basically their own currency is gone now.and every people there use bitcoins as their primary currency. So yeah you can basically start everything there poker ,gambling what not.
i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks
there are actually quit a lots of factor involved in this. 1.Infulance of some government like their legal support on it. 2.any hard fork happening in future or not. 3.any special event like fifa world cup comming on of not. 4.Any big statement from a big bank ceo about bit[Suspicious link removed]d or bad.
So basically all this news controls the pump and dumps.
So I've seen many threads created about Satoshi Nakamoto, the so called creator of Bitcoin. Which brought me to this question, Does Satoshi Nakamoto matter? Especially now that bitcoin is being accepted quite well, and also its value rising every day. Does it matter who its creator is? Or is he dead or alive or what he has to say? What impact will any of this can have on bitcoin today or tomorrow?
Well, yes he is matter because he is the owner of bitcoin and the future of bitcoin sometimes is in his hands because he. cn control it. Look at butcoin today it is too expensive and he is become billionaire because of that. He too excellent to create a crypto currency like this, he manage to build a very strong crypto currency and he is now in his victories even though bitcoin is not yet expose but the vlue of bitcoin, the moment people valued bitcoin is already his victory.
yes he is a billionaire right now but i think bitcon distribution is quite evenly poised ,there are many people holding bitcoin in todays market.Bit yes his influence matters to the market as he is the creator also a he holds a lots o bitcoin maybe his pumps and dumps also matters. But as for now pupms are happening for hard fork only.
I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are: 1.You can buy a flight ticket. 2.You can rent a hotel room. 3.you can buy pizza and other food related goods. 4.You can use it as a investment vehicle because bitcoin will continue to grow in value.
I want to know other important uses of it.
Basically, you numbers one to three are the same purpose: For Transaction, while number four is investment. Just like one does with fiat too or any other article of value. These two categories are the major uses of the bitcoin.
If you do categorize them then it will just show up 2 things which same as you said it can be used on service and on investment side too.For now some services isnt really available on most countries but yet we can able to see that it is already being adopted on some parts of the world which is good but for those places who arent able to spend or use on services would most likely to use up their bitcoin holdings on investment matters.
Yes you are right as of now most of the country donot support bitcoin and you can say most of them have a legal issue with it ,moreover there are many missuse of bitcoin.But as for now as its price is very fluctuation we can use it for investment mostly.
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Re: Bitcoin Just hit 6k, is it possible to cross 10k in another year?
Yes. The possibility is very high because of the massive demand of people for bitcoin. Actually in Zimbabwe, the price of Bitcoin there almost hits $10,000 due to lack of cash. https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/ The adoption of Bitcoin in the continent of Africa is massive especially on Nigeria. Over 100000 merchants there are now accepts Bitcoin. Imagine how large is that.
This rally is just a beginning. I expect Bitcoin could hit $7000 at the end of the year and $10000 next year. Bitcoin is unstoppable. No matter what other people say against it.
are you saying right now is the time when we should invest in bitcoin?I mean i had .5btc and poloniex stole it from me last month.after that i am sacred and negative with bitcoin though i can see price is rising everyday.What are the future possibiltys of bitcoin ,i need to get motivated in this.
hi all, new in here do all think that the value of btc is going up again?
Currently consolidation period continues and traders wait for price to break support level.If you want to buy bitcoin better to wait for levels under 5000$.Price will try to hit 6500$ before fork and later it will head down all the way.
but right now we are at 5700usd if we buy now and if it heads toward 6500usd and we lock our USDT there we can make profit isnot it ? I donot understand why you saying to wait ,can you please elaborate?
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Re: I was super cheap, think this transaction will ever confirm?
Hi as i can see this transaction is confirmed,i want to ask from where did you done this transaction at this cheap price. I use exodus wallet and they charge very high on transactions ,and i donot even have control over the fees,could you please tell. Thanks.
As per we can see the interest in bitcoin of people is increasing at a high rate...I believe it will be our future...but will the shoppingsites like flipkar,amazon be able to accept bitcoins? may be in the next generation.......thanz fr reading
everyone saying it will be to the moon. but as for last one year its growth is very high.Never teh less i must admit it have good pritential