Thanks a Lot. I got my payment
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People belonging to all sections of society are not using bitcoins as most of them are not familiar with bitcoin. Some people use bitcoin for trading. people have started using bitcoin for online shopping
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Bitcoin is the future economy of the world
Bitcoin prices are expected to cross $1000 by july 2017, so buying and holding bitcoins is a good investment.
Bitcoin will be widely used as payment method in future. Transaction fees is very little for bitcoins when compared to bank transaction fees.
So i buy bitcoins.
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Timing for transaction confirmation is a great issue.
Some governments have not recognised it as legal yet, it is also a issue.
Security of online wallets is a great problem.
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I hope definitely Bitcoin price would reach $1000 .
Others may think by saying this, i am extremely optimistic, but it will be the truth.
Even at the end of 2016, you may notice a noticable rise in price
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I think upto next 15 years, no other cryptocurrency could replace the no.1 position of Bitcoin.
Even after that also, Bitcoin would still survive but may be not in the top position.
Until that time, Bitcoin holders will enjoy greater benefits
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Bankers have tried a lot to destroy blockchain tech, but they couldnot.
US government also was not able to ban bitcoin.
Bitcoin will be the future economy of the world
Even banks are nowadays trying to adopt blockchain technique.
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I dont have a paypal account. I dont even want to have it in future because i prefer bitcoin payment as it is much easier and affordable than paypal.
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I prefer bitcoins because transactions can be made at very low fees.
I can send my salary from abroad to my family easily.
Bitcoin has give me the confidence to earn more.
Bitcoin has given me the financial freedom
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I earn a little through bitcoin but its not sufficient for my living. Now im considering bitcoin earning only as a secondary income. Just now i have started trading in bitcoins. When my earning in btc increases, then i will quit my job and foccus fully on bitcoin
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If option one happens, i would buy a house.
If bitcoin reaches $1000, i would hold most of bitcoin as investment and trade wth balance bitcoins.
If bitcoin prices remain stable, i would hold it as an investment expecting a raise in price.
fourth option, i hope it would not happen
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Best way is to learn basics of bitcoin/Altcons trading and start trading.Since there are lots of cryptocurrencies coming nowadays, invest in a altcoin which is stable in the market for 2 or 3 years. avoid investing in unknown altcoins to earn more since it is highly risky.
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If btc becomes legal currency, people who have doubt about btc would also start using bitcoins. All commercial organisations would start accepting bitcoin as a payment method. Taxes will be laid on bitcoin since already italy government has laid tax on bitcoins.
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i Buy bitcoins mainly for trading. i do trading in Bitcoin/Altcoins and earn a lot.I also buy some bitcoins as investment because bitcoin prices aare going to go very high in the future
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When demand for bitcoin becomes more, then it will cross $1000.For that, Bitcoin has to be made familiar to all sects of people all over the world which will cause a gradual increase in demand for bitcoins. By the end of 2017, it is expected to reach $1000.
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Bitcoin prices would go much higher in 2017
Bitcoin would be used for payments just like we use credit cards today.
It is said that when quantum computing will be introduced after 10 to 15 years, it could break the blockchain mechanism.Precautions should be taken to avoid it.
Bitcoin will be declared legal by all the governments.
Holders of bitcoin would become very rich.
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Bitcoin is not than popular than US dollar. See bitcoin is just now in its early stage.But still, it has progressed tremendously. Dollar is almost known by all.Most people in the world are unfamiliar with bitcoin. We must bring them into the mainstream of bitcoin.
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Now i have little time to spend in bitcoin due to my job. Yet i manage to earn a little in signature campaign. I wish to do trading in Bitcoin/Altcoins.When i get considerable no. of BTCs, then i will quit my job and engage fully in trading.
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Buying 1 btc would be a great idea in terms of long term investment. Bitcoin prices are expected to go much higher in future especially after al 21 million btc is mined.At that time, there would be great demand for bitcoin.
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Paper money willnot be replaced. It will last for years. Even if the government adopts digital currencies instead of paper money, still it will have the control over the digital currency and decentralisation willnot be possible.But issuing paper money will get reduced to a great extent
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