Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
I think no because as we cam see how bitcoin are very strong today due to always or active usage of many people and the people who are users of it are rapidly increasing nowadays. Bitcoin is actually the main coin of all other cryptocurrency and many people are actually convert their tokens and other cryptocurrency into bitcoin. Many other currency will somehow be invented but nothing will replaced bitcoin I guess. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
Actually for me you don't need to do something to a people if he doesn't have any to do with bitcoin. You cannot take or please people just to like things you like to just to like bitcoin as like as you want bitcoin. Let them and not tell them any abouit it because they doesn't want any about it. Just show them how bitcoin helps you in your life today. |
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Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
I think nothing special will happen to the bitcoin of a individual if he will died. If there is a family member that knew what is the account password and uswr of that person his earned or saved bitcoin will not be waste and can be used by his family so that even if he died he can still help his love ones here in earth. So I suggest to you that you must put some hints on your account or tell one person all about your bitcoin so that in case of emergency there is someone who can access your account. |
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http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? For me, the best way to teach bitcoin to kids is to teach them first the basics on how bitcoin works. You do not need to start on the complicated things because somehow kids always stars on basics. Then after you explain how bitcoin works tell them how they will earn it and what are the advantages of using and working bitcoins. And later on as my suggestion too, let them to explore things on their own so that they will understand every things about bitcoin. |
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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.
Nowadays because of some disasters that came into life of every individual the thing they wished is to become a rich type of people but of course we must not take it or grab it in negative ways. We must work hard and realize that things are good and best if you work hard for it. Just like me I also want to become rich because that's life, you will earn and then lived. |
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I started 2017 broke and with a very low wage. My girlfriend also broke up with me in the beginning of the year.
Although I had committed some trade mistakes I was able to get 400% gains, thanks to btc. This gave me hope and made my year a lot better.
I wonder how many people bitcoin "saved" this year, even preventing some suicides maybe.
Yes. Definitely bitcoin saved my year 2017 because of the struggles I faced and bitcoin is always there to suport me and always there to guide me. I have some problems occur including some financial problems that led me to stress but thank you to my one and only friend in my school that don't hesitate to teach me how bitcoin works and how this bitcoin give me some earnings in able to support my financial needs. Bitcoins helps me a lot in my 2017 because I able to sustain our everyday needs and things that need to be paid in school and as well as in our house. |
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First of all I want to greet all of forum members a Happy Happy New Year!  What are your three Bitcoin New Years Resolutions (2018)? My 2018 Bitcoin Resolution is to be more hardworking person in bitcoin in order for me to earn more than my earnings in past 2017. And of course I will be more respinsible to my earnings and savings in order for me to avoid getting some money issues. And I will make sure to spend my money or bitcoin in things that needed not into things that I just want. And I will be more wise in using and making my money grow, I will start to invest in some businesses if I have opporunity because I think it will be more good than sticking to one way of earning. I'll grab every opportunity. |
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With many many works, joy, love and in some cases sorrow we all are going to finished the journey of the year. So how was the journey friends? Specifically Crypto world's!!!   For me in my crypto experience this year was a blast in a sense that I've earned good this year and buy things that I need and want. I also learned so much things in my everyday crypto experience ans this past 2017 I already learned how to manage my money and how can I earned good and better in 2018. |
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Dear audience I have 0.05 BTC should I hold it for future value ? In recent time the market is very dumping so that feeling little scared.
The amount is not very necessary I can hold it if the market will raise
We all know that bitcoin as of today is having a good progress in a sense that each day the price is increasing and of course sometimes decreasing. We all know that 0.05 BTC is way good and a high amount so I think it is good to hold it better than using it because it might be increase and have a profit in future. |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Actually you can't somehow measure the risk of investment but I can say that bitcoin investment is totally a risky way of earning money. In investing in bitcoin you cannot somehow tell tgat if you're going to earn because sometimes in investing it has a possibility of losing all of your money and it has a possibility for you to get scammed. |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
For me, I think no because we all know a lot of issues according to bitcoin and the mostly issue we know is all about wated or missing money which i actually idea somehow is that bitcoin is secure but no that has a well and very secued. So for me as of today bitcoin isn't secure. |
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Do you think if we create an initiative group for the legalization of bitcoin. To find uninhabited island, to announce the collection of funds for its acquisition. Everyone who contribute will receive a piece of this island. Based on the state of Bitcoin official currency of this state to make a bitcoin. Do you like this idea?
Yep. I also want bitcoin to be legalize because in our country bitcoin was very helpful in a sense that many people now are started to earn eventhough they doesn't have any jobs. If bitcoin will be somehow legalize it may affecr all the people or the users today. And many of them will actually become rich and started to earn. |
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Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
All I can suggest tip to you is that you must set some limits in using your momey or your earnings. You must not waste such money in different things that you didn't need like wants amd things you just amazed. You must also learn how to manage money in order for you to not able to lose or bankrupt. And of course be wise on using it. |
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I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?
Please share your thoughts. Thanks.
You can invest in many ways like in sites, businesses and even gambling sites. Bitcoin is actually good in investing because as I observes many people are actually become rich because of it. And if you want to invest and earn in fast way try to invest in fastinvest it was actually made just to invest in very fast and nicely. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
Hmmm. I think yes, eventhough billionaires have so many money today they still stick to the strategy and the thing that made them to reach that stage. And billionaires actually don't stop at billions but to continue to make their money grow and more bigger. And of course they still need to because they still want to buy things they want and for prepare to their future. |
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We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1 - Store of value
- Services in addition to simple money transfer
- Convenience
- Security
- Investment/speculation
- Safe transfer speed
- Privacy
- Freedom from globalist control
- Other
For me when I say bitcoin is number 1 I mean it is very convinient to us nowadays. We wll know that bitcoin helps us in a way that it always supports us and bring us the money that we need to use in order to surive and able to sustain prlur everyday needs. So for me bitcoin is the number 1. |
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I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
Yes it is somehow but not in so much way. I thi k bitcoin is dangerous in a sense that it is very risky when you putting some investment on it. Bitcoin is somehow a risky way of earning income or profit but good. Bitcoin can give you a higher income but of course you need to be careful in different way. |
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So 2017 proved to be the best for the bitcoin till now but still the great Officials of many companies are busy in predicting the greater roadmap of btc in 2018 and so on so will it be possible for bitcoin to go more and more high ?
Yes. I think bitcoin is somehow more profitable in the next years. I already thought that bitcoin today was very good in terms of profit but as I cans see it actually has a lot of opportunities waiting on the next years. Bitcoin was strong and many people are actually using it and bitcoin is very helpful in terms of profit and incomes. |
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Bitcoin with it's high fees and slow transaction times is hardly suitable for payments – spending the same fee whether you buy a coffee or send $100,000 is a joke and the promise of scaling solutions such as the Lightning Network hasn’t been fulfilled.[1]
While there's no shortage of old and new believers to keep the party going, along with plenty of developers working to create better, forked versions of bitcoin, I’m betting my chips on a more flexible alternative.
The door is wide open for blockchains that use smart contracts, like ethereum,[2] bitcoincash, litecoin and more...... 2018 Will Be ....... Year’s? [Writer choose ethereum, what will be your choice?and why?]
Source: [1] [2] 2018 will be a very very good bitcoin year. We all know that bitcoin is definitely and completely make our 2017 very happy and tich ina sense that its value reaches a new and good hign value. And I believe that what we achieved in 2017 will be doubled or tripled or even quadrupled in 2018 because bitcoin will definitely kick again in 2018. |
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As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
Nope. I think that bitcoin is somehow not so strong that can make or able to make physical money disappears. And we all know that bitcoin is money we used digitally so it means that bitcoin is somehow technology type of money and not like the physical money. So I think they will not even make disappear each other. |
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