Paypal is not a scam and exists for ages. It is the best way to do your online payments. Maybe some times they do a lot of silly rules for members, but still for me it is the best payment system online. Yes exactly, but not really paypal is the best way of online payments as of now (at least for me). The best and most secure yet anonymous way of making payments is via bitcoins. Paypal is just another legal payment processor and bitcoins is a revolution since it defines a new currency.
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I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.
Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?
There is one famous quotes 'bitcoin is the only currency other altcoins are just applications'. It means, there is only one cryptocurrency we are having and all other are just being created just to test some functionalities based on bitcoins. The life of other cryptocurrencies will be until they find a competitor or superior coins. But bitcoin will find and will have its path and growth on its own.
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How fast people accept something depends on the product itself, mobile phones were accepted very fast by the population, the problem with bitcoin is that not many people see a reason to adopt it since they are happy with their fiat, but as economic crisis keep getting worst and worst then people may switch to bitcoin very rapidly.
No all the people are not happy with fiats as there are a lot of limitations while using fiats whereas bitcoin comes with full freedom. But the real fact is, people from many part of the world are not still aware of the real potential of bitcoin ecosystem, once the start realizing it, I believe that bitcoin will get adopted faster than mobile technology. In 20 years, almost every person of this world will be having one or two mobile devices and with one of them, they must be having a bitcoin wallet. Yes, people need time to understand bitcoins so that to adopt it.
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Don't use bots. They are ultimately inferior to humans and can't predict market trends. It's risky.
Every trader will find a time to realize and agree with you only after they face huge losses due to trading with bots. They misunderstand about bots and looking for those to make huge profits in quick time, but in real we just face reciprocal of these. Seems traders are becoming too lazy to have their own analysis for their trading. I'm not seeing it as a good move toward a healthy trading environment. I have almost tried around 10 different trading bots but none of them giving satisfactory result in long term consistency basis.
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I don't agree with that statement. If bitcoin price will be $10.000 it will be useless without fiat. All cryptocurrencies has a conversion to fiat. If fiat would be useless, all banks and even world banks would be useless also. See the point?
You have the point and that's why fiat will never be worthless whether the price of bitcoin will be one million dollars. Still fiat needs to exist because it is the measurement of the price of bitcoin. Maybe for us users of bitcoin we can just boycott fiat and total forget about it but those people who don't know bitcoin, still they will need to use fiat. Fiat has been used for a very long time and it will be the case for many years to come, because people are more used to it and they use it in very day needs and everything and trying to change that is a difficult thing, so trying to change people from using fiat to bitcoin will take at least 10 more years.
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i am sure that bitcoin can be international currency in the near future because more people are getting awareness about bitcoin bitcoin and more people adopting bitcoin in huge amount and bitcoin is very useful and nowadays bitcoin is acceptable in everywhere in maximum countries.
Actually it is already a global currency. Why? Because it had been used internationally. People from different nation are now using bitcoin. Several merchants from all around the world are also accepting Bitcoin as mode of payment. The only thing is that government does not recognize Bitcoin as international currency but the function and usage of it tells that Bitcoin is indeed an international currency. Yes, bitcoin has so much potential to become an international currency because just like gold that has been for many years before the existence of fiat has stood the test of time, but unfortunately fiat has become corrupted since it is controlled by governments. So bitcoin will soon get chances to replace them also it will be supported by we are going toward a digital revolution.
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I think it's a good way if you have big enough money in bank account and convert it to bitcoin to keep it for long time. You can see how bitcoin price make stairs graphics on charts this year. But if your money is not big enough, better make an account in an exchanger and be a short time trader. That's also legit way to make money.
If you have no plan for your money, even if it is small, better save it in bitcoin it's good for a long term since you won't be earning big with it in short time. Whether you short in trading or you go long term in keeping, it is the best, since time it self is helping bitcoin to increase its price. Bitcoin has seen a lot of changes and has been going up and down in terms of price and holding it for a long term may or may not work we can never really know the future, as of 2013 when the price skyrocket to 1200$ and then dropped it is hard to predict the outcomes so the wise thing to do is to invest some and hold some.
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I can simply say that will be possible only if Satoshi gives me some free coins from his hoarding.
There is another possibility : In 2009 a man named Kristoffer invested some $25+ into 5000 bitcoins and he forgot about them and while writing a thesis on cryptocurrencies he remembered them and after figuring out the wallet password that he used he was surprised to find 5000 bitcoins which are worth about millions, so there is no surprise we may also get chances to have these 1000btc equivalent in future some other magical way.
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they meant "TRADING". NOT how much they earn from scamming. but i guess its how you see it, either way it all involves risk As for me, I use to lose the BTCs i earned as I just wait till i see how the it goes and if i run out of patience, i exit back to btc and then buy another altcoin again. I lost count how much I've lost. but not this time. Where do you see scamming...I only see trading. Why are people here obsessed about scam? Why do they see every where scam? It really depends on how much do you have and how much do you spend on trading. I personally earn a lot from bitcoin only using a small amount, so that way when I lose I don’t lose as much as you expect it, but for many people they get greedy and trade with a large amount so they are considered to lose a lot.
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if you are expert or skillful then you can be a good and successful trader and i am very skillful trader and earning a huge profit from trading and sometime i think that trading is depend on your luck.
i agree with you that if someone skillful and expert in trading and have a good knowledge about trading then surely who is a successful trader and these trader will be never face to lost in trading and they get a big profit from trading. It is not so simple, in my skype group there are like 50 pro traders and they are worried all the time yes believe me ! I have never seen any of them being very confident or too happy. So its not that simple though yeah even after being worried and in tension all the time they are in profit at the end.
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There have been a lot of other alt currencies, but don't seem to have what Bitcoin does. I think down the road potentially, but as of now the focus seems to be on how to make Bitcoin better, safer and more accessible. We're pretty bullish on it.
They can't be bitcoin if bitcoin will be died and it will never replace by other cryptocurrencies because i think that bitcoin is the father of all alternative coins if theres no bitcoin it will be worthless for those altcoins. Bitcoin is good and very expensive to be change This discussion has nothing to do about being the father of all cryptocurrency, but the usage and effectiveness of Bitcoin with regards to economic and technical use. That's right, although there are some factors in bitcoin has made it less in his efficiency and effectivity. like validating the transaction. different with the bank there is some high trust for validating the transaction in bitcoin all of the nodes are same. That's will take more to validation the transaction. and this makes less in his efficiency. but this was preventing about the intervention from the parties. It would definitely take an amazing new set of features to replace Bitcoin as the top cryptocurrency in the world. But it’s important to remember that bitcoin can add new features when they prove to be popular with other altcoins. The only real possible scenario where an altcoin could overtake Bitcoin is if there is some serious flaw in the code that basically causes bitcoin to stop working.
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Bitcoin have a lot of advantages compared to other currencies. It's fast transactions and it can do from everywhere to everywhere. Bitcoin can also become investment for short term or long term. It really great investment for now, because the community is getting bigger day by day. And bitcoin keeps getting spread out, so there'll be more adoption for bitcoin.
true, the ease and speed is an important point that can attract people to use bitcoin. bitcoin currently own facilities that can facilitate us. we only have a smartphone, and we can perform a variety of transactions with bitcoin. Actually the demand and interest of the people is changing from time to time, and in fact in present time the demand of the people is to use online trading, they need an online digital currency for smooth and quick deals. Bitcoin is the best online currency for them, and that is the reason that we can consider bitcoin as the best future currency for rest of the world too.
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The best thing you can invest in and nobody thinks about is yourself. Buy a book, do a course ask someone to show you how something works. It does not even have to be about Bitcoin. With a new skill you can earn more then any investment. But do not do something you like or at least this should not be a priority. Do something that is needed and will have to potential to earn you some money.
You made a very good point because rather than investing in others coins maybe one should pay and learn how to make his own coins or even how to code and design. Because investing in yourself guarantees as least one thing that we not gonna get scammed as we all know knowledge never goes waste.
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The reason is clear . Since blockchain is official wallet of Bitcoin and have best security features but the new beta version is not satisfactory for most Bitcoiner because the new address at which we receive the Bitcoin will be temporary , after receive single payment it is about dead , And after this it will generate new address . But most of use in this campaign recieving Bitcoin at single adress , so blockchain will not prove best for us .
Official ? What is the need of having a similar to that one in a decentralized environment ? It must be a one of the misinterpretation of basics of bitcoin system. (even many times, many experts had cleared about these rumors still people refuse to learn facts). Blockchin.info is just another services run by one of us. They do not have any privileged access to blockchain nor any bitcoin address.
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i have wechat account any one want tell me You got very reasonable prices but you are not active enough to keep your topic on the top on daily basis, I believe it is more important for such services to attract and to remind your availability. - Try auto bump bots if you do not have enough time to manage this topic - Try for giving out vouch copy so that people will start trusting your services. Good luck !
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Price raised to 0.01 btc
Did you check any possibilities of using Ukraine IP address through vpn services ? Because I believe we can get such IP address somehow. All the above, could you please explain what would be the nature of researches we need to make and any mobile verification also part of it ? Please provide here more information on this.
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A cashless society could kill bitcoin because we will see fast and easy to use systems that the mainstream will love. Just looking at success stories like Venmo, AliPay and WeChatPay and many others show how it could be done right. Thousands of transactions in an app that everybody loves, centralized secured so that nobody will ever lose its funds naturally, low fees and many other benefits.
How could a slow Bitcoin, that is semi anoym, with bad user experience, high risk of losing brainkey, high risk of getting hacked personally compete with such a system? Bitcoin and other digital currencies have to improve dramatically to provide a real alternative to the mainstream. We still have a long way ahead and if I look at the Chinese FinTech markets, Bitcoin is losing to the mainstream rapidly.
I don’t think that cashless society will kill bitcoin, quite the opposite in fact, people are starting to relay more and more on using credit cards and digital money, and they are using internet in everything which means that the bitcoin may become the best alternative for cash and credit cards. Yes, cashless society will make people to search for alternatives and they may finally find out the benefits of adopting bitcoins.
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... I would have to do a lot of onerous calculations to get the exact number, but at $500 I am sure than I am finally in the green, ahead on my BTC investment. The range would be $480 - $500, I do know that. I started buying after the peak when BTC was in the $700s, and bought fairly steadily all the way down. Since I am on a visit to Peru now, I cannot (easily) spend them, so maybe when I am back in the USA I can buy a tiny amount of gold. Or maybe not! With "The Halving" coming up, maybe I should just sit back and watch the show... Do not watch the show for longer time otherwise you may miss the train. It will be good if you sell that at right time or you may miss the right high price yo sell your Bitcoin. Exactly, many people buy and hold bitcoin and think that the price will keep getting higher and higher and they can wait and get more of it, at some point you have to sell because if you don’t and get greedy you might miss the train just like you said, the wise thing is to have an objective a certain point where you will sell.
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Advice, tips, speculation please.
I think that the best way for you to invest your btc is trading , i have found that it is the least risky profitable way to earn money fast and easy specially if you use the the 1 min trading that way you could always make profit , i personally went from having 0.1 btc to 1 btc in a day of trading Maybe or maybe not, we cannot predict how much it will increase or whether or not it is going to keep on going up without going down, therefor we have to have an objective, meaning that when the price reaches $1000 that is the point when we will sell, otherwise we will always hold the bitcoin, you just have to not be greedy.
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Maybe the whales are not cashing out because they already have cash, better cash. to me actually they are also waiting for the price increase and if they are not cashing out its mean that still there is some more potential in the price of bitcoin before the market correction, i think this mean that still there is time to invest your money in bitcoin. Maybe there is still time to buy BTCs now, but it's risk. The price increased a lot in small time intervail, I believe the price can drop anytime and a lot. Some people like to risk, they could still buy Bitcoins now, but I personally don't think it's a good idea, for me now it's time to wait and watch what happens, the price will probably decrease soon, so the most recommended advice I can give is to don't buy BTCs now, only if you want to take the risk. We can never know how the price will change in the future or how people are accepting bitcoin, which makes it hard to take the decision of investing 1000$ in buying bitcoin that may fall in the term of price and it will take a lot of time for it to reach its highest price peak, I think it might be a little risky to invest too much into it.
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