No one can say clearly about this but it is a fact that no one had idea how a digital currency like bitcoin would come and rule the world and same way some other currency might come and take place of bitcoin. cant say any thing on this.
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it is really a great news that price of bitcoin is going high so fast but we must be aware of the fact that price might get down after halving so it is a prediction only that prices might go mo high for little more longer span.
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Right now it is not very easy to use bitcoins on shops for normal daily shopping but it can be easily used online where as bitcoins are getting popular globally so we can hope that it would be used every where in a normal way in coming years.
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This all depends on the information and fame since bitcoin is famous in the recent modern world where as it is not very commonly known in asia and africa so only that's the reason bitcoins are not accepted on shops there.
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I think its is some how very much right that bitcoins has brought western union under pressure significantly but on the other hand it has no comparison with twitter since that is entirely a different phenomena and discussions on each and every life's topics.
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its a great news and very informative since bitcoin is available in different languages and providing all news of bitcoins. such information must be shared to keep up every one better updated.
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In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.
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I do agree that nothing is forever so as with bitcoin that it was not known in near past and now today's time is of bitcoins where as no one can predit that coming future might offer new digital currency having much enhanced features that bitcoins so no one can say that future is of bitcoins only.
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Yes some day some how it is possible that bitcoin will change the world financial system since it is getting very famous day by day and known world wide and its users are in millions that's why its use will change the world financial system very soon.
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Bitcoin is anonymous to a partial level i guess but not much since you have to disclose yourself upon transactions and so far bitcoin is also getting so famous so it is no more very much anonymous currency.
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mostly I do buy my groceries and garments but wish to get more bitcoins to buy more bitcoinssince its increasing before halving and price is getting better day by day i wish to buy every thing withbitcoins some day and i guess that day is very near.
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I buy my food stuff and get furl fr car mostly. very rarely i use for other stuff but I wish some day would come when we ca buy every thing with bit coins like paper currency.
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Of course bitcoin is the better option when it is compared with banks since its trasfer way is much faster and affordable than banks as well as it has more trading options than banks and even a low salary paid person can available the benefits from bitcoins.
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Every one is almost aware of using social media and hence there are several ways to spread bitcoins like face book twitter etc. I am sure people are using them and that's why bitcoins is becoming very popular these days.
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I think it is normal because people always mock of what they know anything about and same is with bitcoins when we tell to new listeners they react the same way and mock of us but with the passage of time it will end since it is getting so much famous day by day.
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There is only one thing to be very bad i think that no one knows whats going to happen next with bitcoin since it is unpredictable if prices will go higher or down and wait long for halving as well. it really takes very long time for transactions for confirmation too.
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Bitcoin is very popular and no doubt abut it even when I speak about it with friends in europe or africa they all are aware about it so very famous digital currency. Now even i heard about it on different blogs where people are discussion about it.
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I heard some countries have strict tax policies but still bitcoin has no tax since its a virtual currency with no tax at allbut when you transfer money then might need to pay tax but for bitcoins i think no tax in whole world at the moment.
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Storing of Bitcoins is against Bitcoin. No one will offer services for Bitcoin. Spend Your Bitcoins.
I agree that every one should use their bitcoins but it does not mean that storing bitcoin is not good because bitcoin storage in a cold wallet helps to raise its value so more benefit comes out of it when you store and then use when price value is good. You mean we shouldn't use bitcoin only to store value? Well storage is part of every kind of currency. It's important to be able to store value.
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I am so much busy in work so don't check often, but Normally login to wallet when there is any transaction or when I receive any payment...notification informs me to check when payment comes.
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