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If i need money desperately, i will ask my friends for a loan. If i didnot get loan, there is no other option than selling my bitcoins.
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I used to buy bitcoins when its price is very low.Now, since its price is stable now, i have to wait for sometime to buy more bitcoins
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This is the right time to buy. If you miss now, then you may end up buying bitcoin at much high price.I hope the price would cross $800 by the end of this year
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See, everyone who use bitcoin wishes it should survive forever.The blockchain technology used in bitcoin is now even thought by banks to use. It shows how secure blockchain mechanism is which gives us hope of great future for bitcoin
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Yes it will be a wise decision to sell stocks and buy bitcoins. But there will be no need for you to rebuy stock since price of bitcoin is going to raise very high in the next few months. Just have some patience.
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Bitcoin for now is like subsidiary currency. Fiats are dominating and it is only possible to view bitcoin price in direct comparison to them.
But bitcoin is much more that simple paper money. It can be used in many ways, for example to store important information in the blockchain.
This feature alone, if used correctly and with plan will made 1 BTC worth more than $10.000.
It will take several decades for the bitcoin to be used a major currency. In the mean while, there should be more developments. thats true, but it is definitely possible, in my opinion in several decades countries from around the world might be using it as an official currency Bitcoin price is valued according to the value of fiat money the buyer is ready to pay.It increases and decreases in proportion to increse and decrease in demand and supply.However, when every one starts using bitcoins, then its value would increase very high and its true potential can be known at that time. |
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yes it saves a lot of time by paying bills online from home. We can avoid standing in long ques which will be boring.I dont know whether there is such service in india or not.
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Customers would use bitcoins because charging fee is very low.We can buy goods without leaving our personal details.By using bitcoins to buy goods, we can help the world to understand better about bitcoins
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First i will thank him for creating Bitcoin.
I will discuss with him about what lead him to create bitcoin,
I will never reveal his identity to anyone as it may create him risks
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I think the bitcoin price will be worth between $1100 to $1300. It will be the double of current price.
After the Bitfinex hack, the price might not be that high. It could be between $900 to $1000 at the time. The price is recovering after the bfx hack already, it will be totally forgotten about in a few months (price affecting wise). I went for between $1000-$1200. It is possible for the bitcoin price to between $1000 and 1200 in July 2017. Without the hack, the price could be $1500. The Bitfinex exchange hack caused some confidence drop of the bitcoin, it reduce the price rise for a few months. I hope bitcoin price would be around $1000 in july 2017. If Bitfinex exchange hack had not occured, bitcoin price would have crossed $800 by this time. |
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Trading is better than investing. But trading is highly risky.Market should be thoroughly studied before starting trading. Initially, trading should be started with a liitle amount
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No Not yet. US Dollar is known all over the world. But Bitcoin is used by only less than two million people i think so. Its a very long journey for bitcoin to reach the state of US Dollars.
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I also live in philoppines . But my example is the current wage in the US, so that their wage is enough to live and they have also a savings. In the philippines the wage of employee is not enough to live, theres many expences, like paying bills, foods and etc. But, if you want really to save, its up to you not in your wage. You have choices save your money if you really want or dont save thats easy.
Good advice. But you see in developing countries, people sruggle for their daily earnings. They cant even think about ten percent of their income.Their wages is verylow and on the other hand, cost of living is very high. |
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In some countries like Germany Bitcoin is already acknowledged as an asset. That means if you transfer Bitcoin to fiat money in a legal way then you have to pay taxes. However, if you buy or get Bitcoins and hold it at least one year, then it is completely tax-free.
Other Countries like Spain want to go a different way. They plan to tax the miners, too.
I heard that in italy, they have decided to tax bitcoin earnings.See in future, it is the only way that governments can adapt.Either try to ban bitcoin and when it seems impossible, just try to impose tax on bitcoin earnings. |
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See, fiat currency is controlled by government and whenever there is inflation in fiat price, immediately government changes its policies to make fiat price increase and remain stable.But in bitcoin, there is no such regulatory body and thats why it is said that bitcoin is owned by the community
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You can just gift them a gold jewel and say that you have bought it by bitcoins.Then see what happens. They will get very much interested in earning bitcoins.
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I think it will be less than 2 million people who use bitcoin.Bitcoin is in its earlier stage only.It will take 5 to 10 years for bitcoin to reach 25 percent of world population. At that time, most of companies would start to accept bitcoin as payment.
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I have spent Bitcoins for recharging my mobile. I have an idea of buying electronic gadgets in online websites using bitcoins. It would be very easy for me if all shopping malls start accepting bitcoin as a payment method.
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You friend is very greedy. See its very difficult for you to return 4 BTC in just 2 months 7 days. Eve in gambling also, there is no sure that even you can get back your investment itself or not. So just avoid that offer.
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Yes sending bitcoins, i feel good because transaction fees is comparetively lower than bank transactions and even i could send bigger amounts to other countries quickly.I
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