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Messages - TOPBitcoin

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General Discussion / Re: What are the benefits of Bitcoin?

« on: December 15, 2020, 07:02:10 AM »

For me, the advantages of Bitcoin are many in terms of external and internal. The external aspect of Bitcoin is that it can transact in sending and receiving money instantly both anytime and anywhere, there are no national borders. In Bitcoin there is no bureaucracy at all. The internal aspect is that Bitcoin users have complete control over the transactions they carry out, it is impossible for sellers to make bills that are not wanted or noticed as can happen with other payment methods. Bitcoin payments can be made without including personal identification for the payment process. In this case it provides strong protection from thieves. Bitcoin users can also protect the money they have with backup and encryption.

General Discussion / Re: What is money to you?

« on: December 14, 2020, 03:40:28 PM »

For me money is a very important transaction tool, an object that is accepted by the general public as a medium of exchange in economic activity. Money is obtained by someone for an effort to sell goods or services in society, money is very easily accepted by society to measure value, exchange, and make payments for the purchase of goods and services, and at the same time as a means of hoarding wealth

Incentivised Posting / Shill / Re: High paying faucet site

« on: November 30, 2020, 08:43:54 PM »

Quote from: Firaman on November 29, 2020, 07:53:23 AM

Hey Everyone
I think most of you know this site called ''satoshi Hill'' if you don't know about it let me give you a simple tip about it

It is one of the highest bitcoin paying site they pay 100 satoshi each hour and also you can double your earnings by playing the rocket game, I hope you will make like this site,try it.

I think you are in the wrong place to post. You shouldn't post in the bitcoin section but in the airdrop & give away section. And you also have to write the source link. So that all forum member can open what you mean in your post

Voting / Re: How long do you plan to hodl Bitcoin for?

« on: November 30, 2020, 08:01:29 PM »

Quote from: dragononcrypto on November 27, 2020, 10:16:33 AM

Personally I'm holding 90-95%, trading altcoins with anywhere between 5-10%. I'm not planning on selling anytime soon, but will inevitably want to sell some if/when price goes 5-10x from here. Then happily spend another few years accumulating again in a bear market at (ideally) lower prices.

Will you hodl all your Bitcoin through the next bear market when it comes, or sell some for profit when price eventually goes parabolic?

I invested in BTC from 2014 year ago. I have a target of selling BTC if I already have a profit of 2x the price I bought.
From 2014 I held my BTC until 2017. And finally in 2017 BTC the price went up to the top and I sold all my coin.
After that I waited again until the BTC price went down. In 2018 BTC experienced a very rapid decline in price and I bought 2BTC.
After that I held it for 3 years and in 2020 BTC went up in price. After that I sold all my coin.

Conclusion: Buy a low price sell a high price.

Bitcoin Forum / Re: How the next generation will accept Bitcoin?

« on: November 30, 2020, 02:23:49 PM »

Quote from: jakasantosa on November 27, 2020, 09:35:16 PM

As long as there is a lot of information that can be provided to the next generation, Bitcoin will remain a popular investment besides investing in precious metals such as gold. Because bitcoin will continue to increase and decrease.

Have you ever seen many applications for buying and selling goods using crypto?
For example in my country. In my country there are many applications for buying and selling all kinds of goods that use crypto. And in the application insert trading / investment such as forex trading.
So that the more years, the more advanced the development of crypto technology, the more demand it will be

Bitcoin Forum / Re: Can the world bank be in charge of bitcoin?

« on: November 30, 2020, 12:00:27 PM »

Quote from: sampoerna on November 16, 2020, 05:35:59 PM

Why should prospective investors in the future be affected by this issue? Bitcoin and crypto were created because of the dissatisfaction with the bank system in this world, especially with the world bank. It is already stated clearly as the major reason of why Bitcin was created.

I agree with your answer. Because investors prefer crypto that they can control themselves

Advertise Your Stuff / Re: How to convert cryptocurrency to cash

« on: November 30, 2020, 11:50:50 AM »

A little advice. You better add an image / link source. So that it can be understood by all forum members and beginners in this forum

Cryptocurrency Price Speculations / Re: Is btc worth for $250000?

« on: November 30, 2020, 09:09:13 AM »

Quote from: Psycho on November 30, 2020, 06:57:06 AM

Quote from: TERMINO on August 24, 2020, 08:48:29 AM
Bitcoin is very potential to hit $25,000 specially if there is a massive increase happen. The price movement of Bitcoin is dependant to market demands. Once there are huge demands Bitcoin will soar high and could hitv$25,000 or more.
You are right. It will not take long for the price of Bitcoin to exceed $25,000. Bitcoin is expected to hit $25,000 by mid-2021.

Not for me. I have a different analysis with you. I have an opinion that BTC will be $ 25,000 by the end of 2020 alone. And starting early January 2021 BTC will experience a very rapid price decline.
My analysis is based on 3 years ago. In 2017, BTC experienced a price increase only until the end of the year and starting early 2018 BTC experienced a very deep price decline

Bitcoin Forum / Re: Bitcoin owned by everyone

« on: November 30, 2020, 08:43:27 AM »

Quote from: TERMINO on August 18, 2020, 02:22:53 PM

FYI:
Bitcoin has a limited supply of 18,464,137 pieces of coins according to coinmarketcap.

Humanity population on 2018 was 7.594 billion, the current world population is 7.8 billion as of August 2020 according to the most recent United Nations estimates elaborated by Worldometer.

Humanity production is unstoppable though some died and yet there are new born.
Bitcoin is limited for productive creation.

I assume everyone invest in bitcoin what do you think will happen?
Do you think it is impossible that Bitcoin value will become $100,000, or $500,000 more years from now?

Keep in mind that not all countries legalize bitcoin. So, it is impossible for bitcoin to become $ 100,000, unless all countries approve bitcoin to be operated in that country