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I know a lot of people have different reason why the love and embrace bitcoin.
For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
I got impressed to bitcoin because of some reasons. You can earn money, without any investment just by making posts. Its increasing value is also one of the main reasons. |
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Last 3rd quarter of the year experts predicted Bitcoin will surpass $10,000 before the year ends but today before first day of December it has already reached the prediction.
Now, is it possible for Bitcoin to surpass another mile of $15,000 in just a single month?
What do you think?
three days back, one BTC was $9000 and ten days back it was $8000. Today it is $10,000. This clearly tells us that the value of bitcoin keeps on increasing gradually and there are possibilities that it may hit $15,000 or even more before 2017 ends. At the beginning of this year, the value of bitcoin was not that great and now it is reaching its peak. |
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Bitcoin and gold, both have unique value in their own way. Both of them cannot be replaced. The value of bitcoin may keep on increasing but it doesn't mean that it may replace gold. Gold is a precious metal and will have its own value and it is stable. |
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
It's because bitcoin is not used officially in many countries. Whatever value bitcoin rises to, dollars have their own value and dollars are the one people all over the world aware of. This does not goes with bitcoin. Still most of them have no idea about bitcoin. This may also be the one of the reason bitcoin is not used as it is and converted into currencies. |
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Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
It's not too late to buy bitcoin. Most of them has just started working on bitcoin and many of the people in my country are not aware of bitcoin yet. The price of bitcoin also seems to increase gradually. So it's never late to buy a bitcoin now. |
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Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
Yes. Bitcoin can be hacked. Few days back, a virus that hit all the computers almost hacked every system. At that time some of the bitcoin has also been hacked. Nothing is secure online. But the techies can do their best to keep bitcoin safe. |
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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
The stability of bitcoin is not reliable. But studies say that bitcoin will increase to a very high rate. For a few years, the stability may lie unaffected. So most of them will prefer to accept bitcoin. |
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Are you a bitcoin fan? Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis. But how did you first hear about bitcoin? Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time? Share your experience with us.  My friend and I were chatting just like that. It was that time when she told me about bitcoin. At first i did not understand what bitcoin is. Later, when i saw her working, i got a little bit knowledge about it and i also started learning about bitcoin. |
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I was talking to a friend the other day and he told me that two of his friends has left their full-time employment to concentrate on their Bitcoin ventures. < One in Crypto currency trading and the other into imports & exports, linked to ecommerce >
In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
My friends are working on bitcoin, but not by leaving their job. They earn triple amount of their salary through bitcoin. Some of them are planning to leave their job once they reach their target. |
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What are the chances of living in a world with no actual money ?  As of now, Chances are very less that real money will totally disappear. But when bitcoin becomes famous among everyone and when all the countries accept bitcoin officially, there are chances that real money gets disappear. |
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Hello, I've been hovering around bitcoin for months and I want to become an expert in it. What resources are available and what steps can I take to know all there is to know about bitcoin and possibly reproduce the technology involved.
Thank you.
As the proverb states "practice makes a man perfect" you need to work more on bitcoin, read the posts, you can also browse through internet and youtube videos might be helpful. There is also a course on cryptocurrency in course era. you can refer to that and keep your account always active. |
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Even the blind can see that crypto Currency is making people millionaires all over the world
no it is not. how many people do you think held their coins when price was dropping from $220 to $180 and how many do you think bought that day, and how many of those do you think dumped when price was $450 and it dropped hard. or all the other panic FUD daram that led to panic sells. how many do you think will dump in the coming month of August, and how many do you think will hold and buy more. it doesn't matter that you heard a coupld of stories about someone getting rich. there is always only a handful of people who don't listen to anything and keep holding for the real long term profit. and this is just the start. we have started the mainstream mass adoption for less than 6 months and price rise is just getting warmed up.  It's Not at all late. Even now you can buy bitcoin by doing some work of worth. so many people are not aware of bitcoin still and so this is a very good time to act. |
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to be practical, if banks are closed how many people will go jobless? and also it is impossible to eradicate the use of paper currency totally. it may take some years to change the world totally digital. |
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
bitcoin is really a difficult one to explain. for teenagers, to explain about bitcoin, some practical examples should be shown and they should be exposed to some digital technologies. we should explain it in such a simple way that they should have an outline about bitcoin and then we have to take them deep into it later. |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
if you really want to earn some good amount of money to lead your life through bitcoin, then you should do the work with that much involvement. you must learn a lot about bitcoin. you must be very serious if you want to earn more money through bitcoin without that regular 8-5 job. |
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Okay, I am just making that headline short and sweet. What I mean is: What is one big dream that you want to realized out of your Bitcoin income? No matter how small or big it is, please share it with us here.
As for me, I have a big dream of having my own 10-hectare farm somewhere here in my locality and I want to stuff that area with all the fruits I can find here and with my main products which are cacao and coffee.
I guess I have this special connection with the soil and the land that is giving us the food and sustenance daily. And who knows maybe years from now I can be able to issue tokens out of that farm...something like AgriTokens or AgriCoins.
Please share your dreams!
i would like to buy big farmland and grow my own fruits and vegetable orchids. and also i want to own a farm house surrounded by trees and would like to live with nature. iam really tired of living in the polluted noisy urban area. |
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The actual number of people using bitcoin is not possible to determine.
Even if you track the number of accounts, then also it is not possible because, one user can generate lot of accounts.
Only if you can track the IP of the users then you might get an estimate. But there's no easy way to do it.
that is true. a single user uses multiple accounts and it becomes difficult to know the number of persons using bitcoin. but it is sure that bitcoin is spreading among everyone. |
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
my bitcoin is not for future use. i ll spend it to fulfill my daily needs(not for future needs or big plan). |
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I was just curious but, what would you guys think if Bitcoin was the main currency of America. Would you like it and agree with it or would you agree with the current main currencie(s) we have.
eventhough bitcoin exists all over the world, the value of main currency will remain the same as many people are comfortable with it. if it becomes main currency, obviously people will suffer but not for long period of time. they will practice to use it as main currency. |
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I don't think so. It definitely should be the future of money, but it is not because the population of the world doesn't control or decide what the currency will be, its the leaders and the governments which decide that, and they are no way in favor of bitcoin becoming the future of money.
bitcoin may or may not evolve in future.as of now, the vitality of bitcoin is not clear. |
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