I use Bitcoin wallet more than banks, but i use banking services sometimes as well
Bitcoin isn't supported everywhere as known
me too, im use bitcoin wallet everyday to spend it, pay bill etc. but i need bank too, i doubt i can life without bank. bank make me easy tosave my money and spend it with more merchand than bitcoin. it means you have a greater need bank than bitcoin wallet dude you have to admit it. More banks have an important role you will not be able to rely on bitcoin wallet and live only using bitcoin wallet? is is true! does not need to be a hypocrite. we are currently using bitcoin in full still requires banks and relies on fiat Yes and banks will always survive in future and it will be more stronger and honestly speaking people will use banks in future too as it is required for day to day transactions. |
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Give them discounts to purchase their goods with. Or offer a 2 for 1 or maybe buy one get one free if purchasing your things with bitcoin. That promotion always gets woman into the doors at the stores, so why not with bitcoin usage  Yeah the discount will play a key role in this era of high prices, everyone is looking for low prices and discounts, if itcoin started to give discounts to communities then all the people will adopt it and will leave other currencies. Yeah you can get good discount and offers in online shopping which you often doesn't see while shopping with fiat, so that can attract women to start using bicoins. |
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because it's simple, because maybe customer bought bitcoin for a < price, it's fast and secure and can be anonymous if you use mixers, and off course you have low fees when sending money
Yeah and I think bitcoin is best in compare to WU when it comes to sending money online as WU charges heavily on their customers and bitcoin has very low transaction fees. |
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Some of them are positive but majority of them don't have faith in bitcoin as they have heard from some where that is used for criminals and mainly it is used for illegal activities.
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Yes of course i believed in bitcoin, bitcoin already provide so many things for me such as gambling excitement, extra income and efficient way to purchase and sell things all over the world, eventhough there are so many scammer using bitcoin payment but i still believe in bitcoin
Yeah and if you take proactive measures to keep your bitcoin safe then there are very least chances that anyone can hack or steal your coins. |
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Worst mistake made by me was I didn't buy when the price of bitcoin was $100 as my friend told me invest at that time but I didn't and regretting till date.
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I will stay at a moment at least till the halving, and if the price continue to rise after halving I will stay or else leave bitcoin and invest somewhere else.
You should have faith in bitcoin mate, even if price falls after halving it will rise again in future so we should always stay as bitcoin is here to survive for long run. |
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Earning a living with is possible if your are earning good amount of money even though its too risky to depend only on bitcoin for living.
It is possible. But i think it's impossible if earning free bitcoin for living. You need balance or bankroll if you want earning a living with bitcoin, you can go gambling or trading. But income from gambling and trading is not assured as anything is possible if you loose then you don't have any source of income. |
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People are influenced by press and media and if they listen anything negative about it they start assuming that bicoin is not good and used for bad activities.
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Doubling your bitcoins can be possible but its not as easy as people say of course because there are no methods to do this fast.
And its also the fact there is no methods to do this without any risks.
Exactly it has got various methods to earn it fast, but nothing can be earned without risking. The best example which can be taken is gambling. It gives fast earning, but high risk involved. Yeah and people who promises you to double you coins in quick time are frauds they want to steal your coins, so we need to aware about those too. Absolutely thats true. There are lot of frauds who attract newbies with increased or short time earning which is highly impossible. Each and every user needs to be aware on such usage of their hardly earned bitcoins in gambling. Yeah newbies will surely try to multiply their coins in a quick time and either they will invest in ponzi or go for gambling and end up loosing everything. |
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Aside from a decent income that I get to my real life job, having bitcoin is one of the best secondary sources to support my financial purposes.
Because I have multiple source of financial income, having bitcoin really making a sense.
That's true bitcoin is allowing us to earn some extra income and that is adding some more value to our wealth, and earning from bitcoin can be helpful at the time of emergencies. |
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Yes I'm holding them for a price increase, the point is that the halving is coming and it will be very sweet.
Also the fact is that the future of the bitcoin is good so that is why I'm holding them.
Yeah its good hold at a moment as the price would be higher at the time of halving so we can sell at the higher price. Its better to hold the rest of the bitcoin earning from your emergency needs, just to get a good profit. Only purpose is to experience the price jump on halvinf. Other than that price fluctuations will be felt often. Price fluctuation will always follow bitcoin and its nothing new in bitcoin process, but if you hold till halving then it can be profitable for you. |
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I think big investors would be having that amount of bitcoins, but the normal users working on signature campaign would not holding that huge amount.
That's true people who are working hard to earn from campaigns would be earning a descent amount of bitcoins but 21 btc is too high to hold. |
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Buy bitcoins for the reasons of buying altcoins for trading purpose  or gambling i guess also Same here, i also buying bitcoins for gambling. Every 2 weeks i buy bitcoins for gambling, if my balance are gone i always buy it. And sometimes i buy bitcoins for trading too Do you believe buying bitcoin and involving in gambling gives you a good earning. Recently in a very short time lost a huge sum but not able to take it back after a hard try. So only luck can be considered in gambling. Gambling will never be profitable you will end up loosing everything, its better to buy at a moment and hold it for next couple of months. Chances are less though I used to gamble in past for fun, but majority of time I lost, may be I am not good in it, can you give me some tips for winning? Nah man, gambling can be profitable if you play smart and not greedy. Especially if you gambling on sportsbook, you can gambling for long-term in sportsbook and i'm sure you can get profit. |
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Yes it is trusted to put your real money on, look how much people already did it, the fact is that investments are risky but the bitcoin is pretty profitable in most cases.
The bitcoin is the future of all currency's and its also already fully digital.
As said everything is entering into digitalization, So this digital currency will make lot many changes in the future banking and financing. many people are concerned about the rules and regulations in bitcoin. the lack of rules and warranty if lose and theft make bitcoin bit unsafe. moreover fluctuations make money you save in bitcoin reduced or decrease it is said to be an outsider. what do you think about this? New investors will surely think twice before investing but people who knows bitcoin very well won't hesitate by investing into it. |
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In the fastest way or slow way ? 7 Bitcoin is a big and good balance for do gambling imo. You can gambling smart and safe for 7 bitcoins. Just make a target, how much profit you need everyday. i'm sure it will profit.
Gambling is the key to success if you gamble smartly, and don't gamble with full 7 btc gamble with 3 to 4 btc which is a good amount and if you win you can really win it big. |
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No. No one is now waiting for the price to drop to that value as everyone now has collected a sufficient amount of bitcoin and are waiting for the halving to increase their wealth with the increase of the price of bitcoin, and in that case if the price dropped then no one will then ever try to collect bitcoins and if they get any of them they will immediately convert them to fiat.
nope of course there are some people waiting for it to happen. maybe for now they still collecting as many bitcoin. for halving will happen. but once they sell it. then they will certainly collect bitcoin again that is where they are waiting for lower prices to buy People who are waiting for the 100$ price will be dead in their life time before that would happen. If you look at the charts since the price was up by 1k it never went down to 300. Exactly, bitcoin will never go below $300 in future, as now its time for bitcoin to rise and it will continue to grow in future too, and if it falls then maximum low would be $300. |
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if you can make over 20 btc @ current rate in a month yes quit that job
That is too much IMO...you would be having a very nice life with that, with simple car, and own your house in a year...but I think that would be a good idea to just settle with bitcoin and quit the job.. lol it was a very big money get 20 BTC in one month. But in what way you will you use to get 20 BTC in a month? in each month is it I can get 20 BTC stable every month? of course it would be quite difficult. do not forget to consider fixed and stable income That's the catch here, not possible to expect fixed and stable income from bitcoin as no one knows whats the future and your income depends on price of bitcoin, sometimes high sometimes low. |
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Me neither, selling your coins is not smart at this period because the price is gonna rise slowly to a higher amount due to the bitcoin users are growing.
Another reason is because the halving it will be good for the price without any doubts.
Just hold it for a while and you will earn some good returns at the time of halving as prediction and speculation says that we will see higher price at the time of halving. I think people just speculate just about halving that will make the price of bitcoin be riding high. they think that. the same as the previous halving keeps the price up high. whereas it was a first. therefore. you should be more cautious in buying and selling We really don't know what will be the value of bitcoin at the time of halving, but many of us have a high hopes from halving that it will help in taking bitcoin to higher price. |
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If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.
I agree with this, Yes i would like to say that price is irrelevant however simply put i will also be closely following bitcoins price, I brought just a single BTC with a risk is may be one day worthless, if BTC fails then i will be disappointed but not because i lost 1BTC.... I would like to see BTC price raise 10 fold at least within 10 years or so, i think this is a reasonable prediction and will be a good indication that BTC is succeeding Ten folds in 10 years is kinda hard to be true,if more people and company are using bitcoin and the government accept it maybe the price may rise to x3 or x4 but to able to the 10 folds it needs a lot of years. Yeah I think for bitcoin to get 10 folds will take a long time, I don't think its possible in next couple of years as we need huge market cap to achieve that value. |
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