If Satoshi Nakamoto is a person and alive, wont he come out and claim the fame and success his invention has achieve so far?
For example I discovered bitcoin, I will not show myself and tell that I discovered bitcoin because it will make my life risky and I can't make a life that I want too. Its the same with the creator of bitcoin. He/She or They will now show his/her or their true identity because they don't want to risk their life. Bitcoin is very popular nowadays and with its high price and if the creator shows in public, many people will go and try to do something bad. |
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If you want to buy bitcoin, you must do it when the price is low but we don't know when is that time so I think its better to buy now. Never mind the price because you will never know when will it rise or fall. No one can predict when will it rise or fall so be careful when you buy.  |
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I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Its because bitcoin is the first cryptocurrency that's why it is the most popular. Bitcoin has been the star for a long time before altcoins came and because of the high price of bitcoin I think is the reason why it is so popular but altcoins are becoming famous too as days passed by so who knows. Maybe altcoins will be more popular than bitcoin in the succeeding years. |
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As long as you can use it in buying and has a value, there is always a chance that it will be used in crimes. See money. Money is used now to buy illegal drugs not only illegal drugs but many crimes. Bitcoin was used too since it has value and you can buy with bitcoin. Bitcoin is used now in crimes and since its too hard to track the transaction, its hard to track too whose behind the crimes.
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
I can't predict it if it will survive for a century but I can see the great evolution of bitcoin since the birth of it so I think there is a chance that it will survive after 100 years. Although we don't know what might happen in the future.  |
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I am newbie on bitcoin, recently introduced with the community. I have seen a lot of positive feedback about bitcoin investment. I am not interested do business or trade on market. I want to used it for long term investment only. Some people suggested me anytime is good for invest on bitcoin but I want to do it wisely. If you have some idea of the market and analysis kindly do it for me.
If you are waiting for the price to decrease then you're doing the safe way but for me I think anytime is the best time to invest in bitcoin since most of us know that the price of bitcoin will increase in a few years. If you want to use it for long term just do the buy and hodl strategy and in that way you will get a high profit. It will take a long time but its the safest strategy. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
I don't think this is a good idea that bitcoin will be advertised on a television because who will pay the ad fees? Nothing will be in charge of the payment with it so its not advisable. Social Media is better for you can post your own ads there but you will pay the ad fees and its cheaper than in T.V.. |
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When I first heard the word "bitcoin", it was my college days. In that time, I am busy with our thesis that's why when I heard bitcoin I completely ignored it. Now that I graduated in college, I have many time to learn about bitcoin now but it didn't come to my mind in short I forgot it. Two months later, the word bitcoin just pops out on my mind out of nowhere and I think I will try to research about bitcoin so I did it. I also ask in facebook who can guide me in cryptocurrency and lucky, there is one who guided me. He introduced me first the faucet sites which they can give a low amount of coins but I didn't know its low since I'm a newbie that time. Then few weeks later, my friend send me a video about cryptocurrency and that time I am doing the research about bitcoin. Then he said to me that I will join this forum and I will get more coins than in doing faucet. Now, I joined in one of the bounty campaigns here to earn some money aside from my regular job. Until now, I am learning some terminologies and knowledge about bitcoin and I know it will take time but it will be useful. This is my short experiences in bitcoin. |
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Just spread the information about bitcoin using social medias and advertisements etc. There are many who are already know bitcoin and I know they will tell it to everyone. In that way, bitcoin never end. One thing too to prevent bitcoin from ending is by telling to investors about bitcoin so that they will invest.
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Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on. What's your way of spreading Bitcoin knowledge? Personally, I didn't share bitcoin in my relatives or even in my family because I know they don't want to know it. I only share information about bitcoin through social media particularly facebook. Social media for me is the best way to spread bitcoin knowledge since many people around the world are using it. Maybe one time I will buy a t-shirt and put a bitcoin logo with it and walk around. |
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Hey everyone finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them... Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way! Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else... I agree with you. When you are doing long term goal with bitcoin its better to hold some of it for the future. Maybe get some of your bitcoin and do some trading or gambling if you want but hold some of it. I know that bitcoin's price will increase in the future so its better to hold now. Holding bitcoin longer equals higher profit. |
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I think the only reason they are saving bitcoin is because of a high return of investment. They buy bitcoin and hold it for a long time because they believe that the price of bitcoin after a year or two will increase which is a good strategy.
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What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
There are many things to know when you want to become successful in life. If you want to become successful in trade, you must acquire certain skills and knowledge that are related into trading that will help you. If you want to make your business bigger, I suggest be optimistic, be passionate and be productive. How can we make more money? Invest time, money and effort with what you are doing and make sure you are gaining profit with what you are doing so that you can make more money. |
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Investing and trading are 2 different concepts I think. For example you want to trade, in order to trade you must invest some bucks to have bitcoin to trade isn't it. You cannot trade unless you will invest money from it. If you are pertaining to investing then holding and trading then I think if you can do both then do it. Trading requires skills, knowledge and a little bit of luck. It will give you high return but at the same time its risky. When you do invest and hold, you will see that you will get a high return too since the price is increasing but it will take you time with it.
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Children doesn't need to know about bitcoin since they are child, there minds are for playing only. Teenagers probably ranging from 17 I think because most teenagers are under the care of their parents and most of them are not independent. You don't need to explain it with them I think. Even you will explain if they don't want to know it then its useless. Let them decide if they want to know about bitcoin already. Maybe just give some benefits of bitcoin and let them decide.
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Anytime is a good time to buy bitcoin because you don't know when will it decrease but I think the best time to buy bitcoin is when you see that the price of bitcoin is decreasing. In selling bitcoin, its better to hodl it for a long time and then sell it after a year but if you cannot hodl yourself then its up to you. Many holders of bitcoin get a high return of investment.
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For me bitcoin is an another stream of income and as a money for the future. I think bitcoin will help me secure a good future as bitcoin has a good future too . When I try to know more about bitcoin, I didn't hesitate and try to learn more about bitcoin and until now I am learning more about bitcoin. Bitcoin is the future currency. |
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Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question.
WHO on this Earth would bake the bread for ALL OF US ?
Robots, you might say?
OK, nice idea.
But then, WHO on Earth would maintenance these robots ?
Another robots ?
I don't think so.
Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ?
We could eat for free, as much as you want?
Cool, but what about overweight then.
Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors.
OK, we have Doctor Robots.
Who would teach our kids? Robots! Who would change the diapres? Robot!
Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots)
But even then, there is one huge problem.
I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away).
So, back to the original question, why do people believe, they all can be rich ?
It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others.
Why?
If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right?
Wrong.
No one would want to sell such mansion in the first place, as he is already rich. We all are.
Everyone wants to become rich. Who doesn't want to become rich at first place? But the question is "Can they handle the challenges and failures they will face before they reach the top?". I mean if you are rich, then you are successful with your life and before you become rich you will face a ton of challenges and failures. Being rich is not that like sleeping at night then waking up at morning with a huge amount of money at your side. What I want to say is before you get rich, you must need some effort, patience, skills, knowledge and many more. |
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I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
I think its possible to use bitcoin in gambling but there are so many gambling websites now. I don't go into the casinos but I can see that if bitcoin will be more popular in the future, there is a chance that bitcoin will be used in casinos (real life). Now, I don't see any casinos accepting bitcoin as a payment for the chips but it is possible in the next years. |
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Its like you are saying that bitcoin depends on that country. I did affect the price last month that it reaches the 2500$ mark but it doesn't mean that bitcoin will die because of china because there are many countries in the world that are involved in bitcoin. As you can see now, bitcoin's price increased to 6k$ without china, a proof that bitcoin doesn't need china. Even they will ban or unban bitcoin in their country, its ok.
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