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well the minimum limit for buying BTC here in philippines is 1 PHP because that's the lowest denomination of fiat here in philippines. On other countries like US maybe 0.01$.
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Banks have operating expenses like pay salaries, utilities, building rent and other consumables so they need an income and for them to have income they have to come up with a money making idea like loans and they earn from interest, aside from the interest they also earn from the penalties paid by depositors who did not meet a certain amount of account balance per month.
Definitely, they are operating in business and they cannot operate without its people, bank have employees, like, (tellers, cashiers, managers, accountant, auditor, loans officers, middle and top management). All of them needs to be paid in order to function and operate in banking hours, without your bank income you cannot pay them and there is no operation, pretty simple right? Yeah its pretty simple and in addition to that why would it be called a bank anyway if they give free money?  I afree with you. In addtion to that, banks get interest on loans so that they will have profit not just to be used as a payment to their employees. The bank also needs to pay electric bills. |
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The halving can come in soon but I am not sure when it is going to happen and what the price is going to be after the halving. I hope that the price will reach $700 before the halving comes in.
I hope so too. I hope that bitcoin will surpass 1200$ in price at the peak of halving and I also hope that it won't fall until july ends. |
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Its a bull trap.. wait for another 2 days, a mass of bulls are coming..
Target for this month 750$ ..
Thste high? How come that you are so sure? Looking at the present spike in the price of bitcoin, now I think that anything is possible, may be we can reach $800 at the end of this month or even before that. Well I think by the end of july bitcoin can touch above 1000$ so im holding it for now and watching. If I ever see a price fall ill sell mine immediately the rebuy again. |
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We cannot predict what will happen to bitcoin in year but let's just say that the price continue to rise, then dump pretty hard, then rise again. If it rise again I think it's value will be above 700-1000$. Just my prediction but it can also be below that. |
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In my opinion banks digital currency will fail because central banks don't want a decentralized trusted system, they want a digital coin that they could control, move and change if its needed.
To add to your opinion the banks will fail at Digital Currency lies in the concept of Decentralization, decentralization means no center, to go away to the center and that center is the banking system. Bitcoin is a revolution to banking system it is hard to control and be monopolized. I agree with you two. In addition to that, banks will fail at Digital Currency because it will just ruin their budget in controlling the price of the digital currency, and in the end they will discontinue it. |
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Hmm. I thought the Philippines was one of the premier league Bitcoin hotspots. Or maybe it is and the OP needs to look a little closer. I've no idea.
Well even if it is a hotspot man there are only few stores that accepts bitcoin and it is not convenient for us to buy at amazon because it will go trough the tough inspection of customs that will take a long time. Although it would be easier to buy when lazada starts to accept bitcoin as payment so it will be convenient for us to buy anything online. Maybe we can easily trade it to airtime, it is also easier to convert it to fiat, but it is hard for some of us to buy things online. |
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Maybe 10years from now it would be possible to buy a house for 1 BITCOIN. But for now it isn't possible. |
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Bitcoin is great if you need to send money overseas or want to buy something online. There are hundreds of thousands of merchants that accept Bitcoin around the world, and because the fees are so low, you can often get great discounts when you choose to pay with Bitcoin instead of your credit card.
I agree with you, its easier to pay with bitcoin than paying with credit card or paypal, that makes it easier to buy something online. I hope that in the future many more merchants will accept bitcoin as their payment. |
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How come deposits are locked on YoBit?
If this coin is so dead how come the net hashrate is over 1G?
Its ICO on yobit. You will be able to deposit on Monday. Thanks for the information man. Hope this coin rise even a little. |
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I still believe in Fiat. Because of fiat I can buy my daily needs no problem. I also believe in Bitcoin too but I always trade them to fiat so that I have something to spend for my daily needs. |
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Well I only have 0.028 now because I traded into fiat just an hour ago. It will be 0.05+ next sunday because I expect some payout. |
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If you already had 800 BTC, I suggest you stay out of this loaning thing cause you can lose it. I suggest that you do some trading, get 1 BTC out of it, buy altcoins, then sell when it gets high just do some research first before buying.
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Well let's just wait and see what the future have in store for us. We can't tell for sure if there is a big crash coming right away or a big rise. So lets just watch what will happen in the next coming days.
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Try to send them a help ticket again maybe something just went wrong in their site. Maybe they're not scam. |
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'Decentralized Money' A market structure that consists of a network of various technical devices that enable investors to create a marketplace without a centralized location.
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Hurrah! yesterday when everyone was saying that the price of bitcoin is too high to buy but still I bought bitcoins, and today when I came online I saw that the price of bitcoin has reached to $626, so I earned $23 per bitcoin,
I think we have not to stop to buy.
Well wise decision man. You bought yesterday even if the price is high, then got a profit out of it. Its just my tip for you, but don't sell your bitcoins yet. I think it will go up to 1000-1200$ again. |
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Well Ill just watch and see, and get a popcorn while watching. I think it wont be happening soon for now, a collapse will not happen for about 2weeks since its price is goin up and up.
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I will just watch and see what will happen to bitcoin, if it suddenly comes to a fall ill try to sell before a great fall. After the great fall I will buy then wait for a new rally in price. |
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Well I think it will be different now but it can be the same, ill just set a goal to sell my bitcoin. If it was to reach 1000$ again I will convert all my bitcoin to fiat and wait for it to dump hard then buy again, then wait for it to stabilize and pump. |
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