Yes Bitcoin is trusted enough to put my money , and in fact i think it's already real money like fiat and other currencies. We can use bitcoins to make our deals and trades so it's for sure trusted
Yeah and we are also investing our fiat to buy bitcoins, so it is trusted for sure, and I think bitcoin is the safest currency in compare to fiat as no one can steal it very easily. Yeah, it is more safe when a physical store adopt it then he can secure his money by collecting them to bitcoin wallet, and one of the benefit of bitcoin for them is that, they will be their own bank. The two major benefits are that you have your own bank and you have total control on your money and the other benefit is your money will grow in future if you hold for a long time. |
|
|
|
|
If you want to convert your bitcoins to your local currency then go for localbitcoins as I don't see any other better wallet then that.
|
|
|
|
|
Bitcoin will never disappear, it will survive for long time, it might loose its value in future but it will never die for sure, its still in its younger age we need to have patience.
|
|
|
|
But to buy food you need to convert your Bitcoins into fiat at the very banks you despise so you will be able to buy food and not starve to death. What will happen if grocery stores and restaurants refuse to use Bitcoin for payments. What will you do then? No country will replace its local currency with Bitcoin just because it's better in the eyes of the beholder.
You always need banks and fiat currency to take care of your stuff on daily basis, bitcoin cannot help it out, so I don't think that bitcoin can ever make banks disappear. |
|
|
|
Well i dont like real the banks system,taking all months a fee to hold my money if isnt at savings,soo they force you to use their service otherwise you will get a fee,uᴉoɔʇᴉq you can store 0,10btc and return after 1 years that the ammount will keep there,security were one of the concerns of uᴉoɔʇᴉq concept,the hash protects the uᴉoɔʇᴉq.
Sorry to hear that mate. Banks there in your place really sucks. Good thing our banks here in PH are not like that. Really a strong institution and the fees are really NAH. So with the additional benefits in bitcoin, it's more great. Love them both. But in most part of the world, we need to pay minimum maintenance fee to bank to keep our money with them. These kind of regulations will push people to move towards bitcoin to save their money without any maintenance fees as bitcoins. That's true but banks pays us interest on our money which is missing in bitcoin, no doubt the interests are too low, but if you want to grow your bitcoins then you need to continuously work on it, if coins are idle you won't get any interest on it. |
|
|
|
|
Bitcoin offers us wide range of benefits which no other currency can offer, you can transfer money anywhere you want with very low fees, very much cheaper in compare to bank transfer or WU.
|
|
|
|
I used to buy Bitcoin in the begining but today i am just trying to earn with some online work. It is not much but enough for someone who has long term excpectations and plans. Besides, i don`t spend often Bitcoin, last time paid for my domain and host service and it felt really good.  I hope to buy some more later but i don`t have budget for that today. If you have other source of income then I think you should earn and hold your coins for future as holding can give you that extra profit in future which no other investment can offer. |
|
|
|
No!!!!
This is impossible!
People have more trust in banks than in bitcoins.
Humans believe more in physical things than in virtual. Young generation is still more adaptable to virtual world but older ones are adamant towards baking system.
impossible for now,but in the future we will never know that bitcoin will become better than now,and digital era make people convert all they need to more digitally,its glad to know if my son or grandchild in future still can know about bitcoin. What future you talking about? A lot of people will stay with banks cause they don't trust to unstable thing. Better to live with tested way. Yeah people with continue to use banks even if bitcoin gets on the mainstream as they don't trust bitcoin and hesitate in investing their money into it as bitcoin is not stable. |
|
|
|
Dont fall in ponzi's to double your bitcoins. Try dice sites better than pozni really.
that's true its better to gamble and loose rather then getting cheated as it is the worst feeling to have, and who knows you might double your coins in gambling if you are lucky on that particular day. |
|
|
|
It is obvious that Bitcoin is better than WU, as comparing the fee both has, what would you choose?
$0.2 or $5 - more than $20 based on International Wire Transfers...
In WU, you need to go to a store to get your money, but with Bitcoins, it ain't like that as you can just see your coins in your PC within a blink of an eye...
Yeah and bitcoin transactions are available 24/7 and there is no weekends or bank holidays in bitcoins so I would surely use bitcoins when it comes to sending money online. |
|
|
|
Support you, PayPal best
paypal is the best if you're the buyer side, but it's disadvantage on the seller side but bitcoin can be both advantage on buyer and seller side Paypal is good for online shopping and bitcoin is the best for online transfers, both have their own advantages as Paypal is accepted more on online sites in compare to bitcoins. |
|
|
|
|
I am trying to develop my skills at a moment so that I can start earning bitcoins in a best possible way as of now its not possible for me to depend only on bitcoin for living.
|
|
|
|
Bitcoin is just not an currency but it is also an best investment for future so if people invest their money into bitcoins now then can expect higher return on their investments.
and the bitcoins prices is fluctuate, so you can get the items with cheaper prices on random times Yes but it can also go other way, I mean if price is much high then we need to pay higher value for a particular product then it deserve, best thing is to convert it to fiat and then spend or buy at a value of fiat. |
|
|
|
*snip getting ridiculously long
Absolutely trade in bitcoin will be very profitable, we can get many bitcoin with trade. Yes perhaps now many people who trade in order to obtain many bitcoin.
Ok but I don't really understand what you meant by trading. Are you say offering of services and collec through bitcoin? I think he mean trading by trading altcoin with some exchanger. As we know that trading with altcoin as same as we trade like forex There are 2 exchangers that trusted and long exist : poloniex & bittrex I've trade there over a year .... You can also trade for fiat money. Say trade BTC for USD, and try to gain money by selling and buying back. It is hard to to speculation not being to accurate. Since it mentions how to collect. If you have altcoins which is also another way to trade do not keep them on the exchange. To many are lazy and keep coins on exchanges... it's been bad news for many people. Use a real wallet you control it's better in most cases. If I'm correct. What you guys mean is that I will exchange Bitcoin for Altcoin and then sell the Altcoin when the price of it is high,isn't it? It would be buying something Altcoin or Bitcoin and selling higher then you bought. It is not easy to do with altcoins as so many pump/dump that are hard to speculate. But yes people do trade altcoins and try for a profit. If you get really advanced they make bots that do the buying and selling based on your rules for it. I think the quick money is in the bot's. But having good and profitable rules for bot... not easy or everyone would be doing it. yes trading altcoin isn't easy like buy at lower price and sell when price higher but in fact many altcoins price is manipulation by some people. i think would be better if cryptocurrency is only bitcoin. Yes bitcoin is more popular in compare to other coins, and people have more faith in it, so if you trade bitcoin will good strategy then you can make good money from it. |
|
|
|
well bitcoin is the currency that is not regulated by any governments or banks and people themselves usually impact the price only
i think that its the only currency that has such a bright future and i hope that bitcoin will soon become the worlds one and only currency
Not possible to see that bitcoin will be ruling the world in future, as fiat is more important for majority of people, but I really fell that maximum people should use bitcoin as it is very innovative currency. |
|
|
|
I'm pretty amazed when people talking what will happen years ahead. This is only guessing and don't have any connections with truth, so we all daydreams and hoping future will be pleasant for us. Bitcoin is good investment because we saw already that we can make money if we buy low and sell high..
Yes no one can guarantee that whether bitcoin will be successful or fail in future, but we are optimistic about it that price will be higher in future, but still fingers are crossed. |
|
|
|
|
Newbies can go for faucets sites where they can collect free coins, and I think there are few signature campaigns that allows newbies to join and earn by posting.
|
|
|
|
I always tell you what I can of bitcoin to my friends, but they do not believe. I always say that bitcoin is very easy to get but they are just as excited when I told him about the money alone. I always told them that they should read about bitcoin on the internet beforehand, because it is so much information there about bitcoin
Only telling them to go through information on bitcoin will never help, they should be taught practically we need to show them how bitcoin works and how we can make money out of it. Teaching someone about bitcoin is really interesting, if people are also keen to learn about it. Practically teaching about bitcoin is really very tough as it has not come up with physical acceptance. By practical they mean that we should have to open our PC/laptop/android and show them how we can earn bitcoin and how to store them and how to use it for transaction and how to change it to fiat. I think at first if we tell them that there is a way to earn big money on internet then they will be readily show their interest to learn and at that point we have to introduce bitcoin to earn with. Everyone needs money and everyone wants money, so if they are made aware that they can earn descent amount of money from it they would surely try bitcoins. |
|
|
|
Of course you have to buy bitcoins in order to sell them. I suggest saving your Bitcoins until you know you can make a good profit.
If that's not the case I wouldn't sell.
Go for both, buy bitcoin and sell bitcoin, this is the strategy which make you profit, It is not a matter that buy bitcoin or sell bitcoin, but the matter is which will benefit me, so do both buy and sell , which is called trade. Nowadays everyone is getting benefit from it. Yes and if you feel this is a better price for you then you should not hesitate in buying as we are well aware that price will not be constant for a long time, so sell it when price goes higher. |
|
|
|
but with this fluctuating situation of bitcoin we cannot leave it as untouched, but we have to keep an eye on it every time, so that we can manage for a good decision at a good time, to not to lose any coin with any price decrease.
By the way we hope for the price increase to the top high.
Yeah we want that bitcoin should cross all the limits when it comes to value, as if the price is higher we can expect many new investors getting into it. |
|
|
|
|
Show Posts
