As a payment source it will be much preferred than PayPal by certain users whi completely use bitcoin for all their needs. Others prefer PayPal for its chargeback option which gives an additional trust on making any sort of transaction through them with a little increase in fee.
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No one really knows what the future holds but I think there may come a time where a new cryptocurrency would take over bitcoin but still bitcoin's contribution will never be replaced by any rising cryptocurrency. The time is ripe right now to invest with bitcoin because the value of it is increasing a lot these days which will ensure you a good income in the future days to come. I don't think bitcoin would go down, maybe some error would occur but going down is not necessary at all.
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Yeah bitcoin could not be the number one forever but I think ethereum would not be the one to exchange it's place, I think ethereum might not be the one to takes bitcoins place right now maybe in the future.
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Bitcoin is a digital currency eventually will die without its value, without value, just mean it has no users and demand, which means it is dead. I think it will be not having a value anymore because the people will be having a problem with it, the transactions, the blockchain. But I think bitcoin will not die because there are so many people who trusts this digital currency.
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Many people still don't understand about bitcoin, they assume the same as real money, but it's wrong. real money is the money that legalised by the State, while the bitcoin has not been legalised. There's a huge difference between these.
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It would be interesting if bitcoin will be included in the college studies,The importance of digital currency like its advantage and disadvantages, the evolving technology in our world and how can cope up with it.
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Bitcoin is a new cryptocurrency has just been existed recently, it just a new digital money and can not represent an economy of a country. however, gold has been existed for a very longtime and used to trade for manythings so it has been a great symbol to represent a power of country and become a symbol of entire economy. So gold has more value than bitcoin, bitcoin will never or take a very hard and long time to replace bitcoin.
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Holding Bitcoin isn't greedy. The people that are holding them took a chance. They took a chance very early on and believed in a decentralized currency with an anonymous creator and therefore no owner. They helped create value by holding their coins and this is what drives the price.
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People simply dont have enough faith, efforts or time to invest in bitcoin, but they know, for sure, that large amount of people around the world are getting richer beacuse of this cryptocurrency instead of these simple-minded persons. Thats why they have envy or disbelieve, which are essential for any human.
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My greatest fear as a bitcoin holder is when it becomes impossible to cash out and no one accepts bitcoin as payment. That bitcoin will be at lowest value. And also to be hacked and scam. Hopefully it will not happen us.
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Naturally, in the underworld, bitcoin is used because of its anonymity, but it does not make bitcoin a bad currency, and the speech that it is used ONLY in crime is spread by the government in order to have an excuse their attempts to adjust this currency
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The current fees are just horrible. The only positive effect is that i don't spend and keep holding lol. Anyway, i hope that soon this problem will be resolved because i don't think it can continue like this way in the long run.
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Bitcoin in the future will be as a method of payment. Many people focus on Bitcoin prices, but Bitcoin is still the best technology and the best system out there for payment and bitcoin storage transactions. You do not need to register, you only need a secret number (pin) to receive bitcoin. Much easier than other payment methods.
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It is never too old to invest. It is like saying is it too old to invest in stocks? You can invest for your future or you can invest for family. You can invest to try to become a millionaire. All options are open. Take caution and do your own research.
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Of course they are, they can try at least But I think they won't succeed. Because you cannot ban anything you can't control. Because the thing makes bitcoin powerful it is decentralized and independet system.
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One way or another bitcoin will hit large price so there's no option from my angle. Bitcion will rise again and there will be media and people attention and FUDs. I'm ok with that, because bitcoin always survives in wars it get in. So I want to highest prices
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I don't think quitting your job is advisable, dtaying has many upsides:First you keep getting money that you can invest in crypto and second it is always good to keep some money in fiat or you will have liquidity problems.
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Now is the era of social media, everyone can argue and convey information to the world easily. Maybe everyone who knows the internet must have a social media account be it twitter or facebook. Users while social media for information dissemination and knowledge about bitcoin is very good especially if it becomes viral
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I'd like to invest and wait for the price to go higher but I also want to enjoy some of my earnings, for me I will invest half of it and spend the other half so that I keep on enjoying it and will not regret that much if my investment will not earn in the future.
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Of course Bitcoin would have a future even tho the future is not decided yet it still has a future not matter what. How the future of Bitcoin is looking like is something I do not know but we will just have to wait and see what the future is going to bring us.
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