so much advantages of bitcoin
bitcoin is good investment
bitcoin is freedom because bitcoin can be used when anytime we need money
bitcoin is fast transaction
yeah there are even many other advantages that you do not know, bitcoin has many advantages you can use bitcoin for anything, I can even use bitcoin for my job? |
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I love Gold as well as Bitcoins. I love to buy golds with bitcoin earnings. Though Their prices fluctuate, though they two have same values, they differ in few scenarios. Gold is a physical coin and Bitcoin is a digital currency. Gold at times are stolen outside. Compared to gold, bitcoin is more safe though it is sometimes hacked from few users.
I think something physical that can be stolen easily let alone something as valuable as gold, maybe you will be confusion in storing, different when storing bitcoin, yeah bitcoin more secure |
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It's possible.. but someone must represent bitcoin and introduce it to the world and it would be a very hard job because there would be a lot of discussions, questions that needs to be answered and in the end all countries will decide if they're going to accept bitcoin as the world/global currency. I enjoyed bitcoin a lot for as long as I'm profiting money from it then that would be fine for me.  I think do not need a big story to tell about bitcoin, you just need to sit down and see what happens, because bitcoin evolved and spread worldwide |
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Yes, I definitely agree. Bitcoin affects life a lot. Lets put it this way. It generates income and creates rooms for profitable investments. I'm still a newbie but I learn a lot on this organization. It says that you will earn a lot of money but you need to exert more effort to make it possible. So, It will help me cover some of my expenses in other way bitcoin provide income for many people and provide jobs for thousands of people and made a lot of people out of their financial problems, bitcoin is helpful for economy |
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Yup. Certainly. Bitcoins will have a great future and it will stand for long term with fame and name. Many have come up and joined this community. It has become to large now. As the price is increasing now, more are joining and earning more. This would of course take Bitcoins more height.
yeah more and more people using bitcoin, and more and more people are starting to adopt bitcoin bitcoin then the future will be much improved. User is everything, I believe that |
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I don't think there is one or there will ever will be. Because right now all we see in the internet are all scams in which they provide high interest rate to attract people to put their money on, but what really is happening is that they are just giving money from the new investors to the old one but the real winners are the scammers which will be the one running away with your money.
maybe users will think that bitcoin bank will only commit fraud and scam, because they have control over your bitcoin, I think bitcoin bank may have to take the trust first |
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Yes I did have Paypal even before knowing bitcoin existed, generally because it is widely the only payment accepted across many sites, but I do see bitcoin appearing and be accepted in some sites, If I see one, I will use bitcoin option no doubt otherwise the latter.
yeah I also use paypal though I am a bitcoin user, there is nothing wrong in it, because it helps me to buy paypal purposes that can not be bought using bitcoin |
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So Coinbase is risky to keep btc in then? I have my btc in their wallet.
we do not say that Coinbase would be a scam, but for all the third party I think will always have risks. it is better if you remain cautious and do not keep all your money in it moreover Coinbase not exchange dude |
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Actually they can pre-mine the coin and well, if they are creating a coin, for sure they will make things like put your name on the wallet and track all your transactions, don't matter how the future will be, for sure the government will regule your life and you will have to pay taxes.
Or, if they want ImfCoin to be more acceptable to the markets, the can preserve the anonymity feature. This kind of approach worked well for the gold standard. I think the future later, cryptocurrency will remain an option or currency online, I still would believe that fiat will continue to rule the world, because there are many governments in tow |
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I think that everyone wants to get a source of passive income. There comes a time, and people no longer want to work for someone else. It is easier to earn capital, and then live off the income, which is due to capital
of course everyone wants to live comfortably but want to continue to earn an income, then from the passive income will be needed, perhaps investing in stocks will be good for you, you will benefit each month |
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The story with Bitfinex teached all of us to not keep money on one place. I think it is not safe to hold bitcoins in an exchanger generally. They have low security protection so if you are holding your coins on some exchanger site you already mase say goodbye to it. You never know in wich moment of time it going to be hacked.
yeah it proves that there are no third party sites that could be said to be truly secure, I think all sites have the possibility to exchange scam, so it would be better if you keep cautious dude |
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Investing using bitcoin is similar to investing with conventional money, ie, there are many possibilities and it's not easy to choose the best. But I believe that, at the time, you will have more earnings if you hold your coins.
I think it would have a slight difference. when you invest in bitcoin, then the risk will be greater than you invest in other foreign currencies, because bitcoin has a fairly high fluctuation |
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Most poor countries are poor because the government is doing a terrible task in managing resources. With Bitcoin ever citizen can be their own bank and don't need government approval to get things done.
I think people can not fully independent of the government, although he uses bitcoin and that makes them not associated with the government, but I think the country's economy is still there in the hands of the government |
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perhaps with bitcoin bank, we are so much easier to redeem bitcoin we have. I think if bitcoin bank has been there, maybe a credit card for bitcoin is also made, so that you can redeem bitcoin do you have in atm which have the logo bitcoin. Well it would be very cool
I think it would be as easy as using an exchange. You can also easily pull into the bank in an instant? I think the function of bitcoin bank not only that ? |
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It's hard to teach them about business stuff because children always take it as a game which isn't good. We can start by letting them play some android games that reward in Bitcoin (yes, there are a lot of them).
I think bitcoin is not just about business and profit is not. I thought the teenager was like playing. might be good if there is a platform game that uses the currency bitcoin? |
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Exactly, because of bitcoin is a great source of income, and also it is new and good crypto currency which give us many facilities like we can use amount transfer in anywhere and also it help for earn and in a day every time we can use it no time limit, that's why it is perfect for every citizen.
of course you can earn money and huge profits from bitcoin, it is fact? and if you can make a profit and you consistent to continue to produce bitcoin and store it, whatever method you do of course you will get success |
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Its really impossible for paper money would be gone because its being replaced by another crypto currency which is really impossible though. As you mentioned government can produce anytime fiat money if the demand arises because of population inflation.. The future of paper money is still strong and no one could able to replace it anytime soon.
The biggest reason of fiat not being replaced by bitcoin is that paper money is produceable, any government can print any amount of paper anytime they want, and bitcoins has just a limited amount which would probably not be able to fill the gape between these two. Actually we can also produce paper money of bitcoin, but the big question is would it be illegal or not? Of course it is illegal because the government only produce a legal tender to be use a currency of the people, and even it is unregulated, it is hard to attract the trust of the people. producing paper money of bitcoin will definitely make bitcoin lose its point to be a digital currency and to simplify people's need of transferring money with really low fees and decentralized system which make people could actually getting out of bank Lol then what is called the technology of the future if bitcoin producing the paper version? I think at this point it would be better if bitcoin digital form. because it would be much better? |
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I'd say that as long as you're sure of what you're doing, invest is much better because you'll have more bitcoins.
nope I think the investment without the saving will end up in vain, because it's useless no matter what you do to earn money if you do not keep it save ? |
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I just use bitcoin and in 2013/2014 I do not understand with bitcoin. I just joined the bitcoin in 2015 around the month of December. But I've got a very large profits, I have been getting a pretty good income.
I also know bitcoin in 2015 but unfortunately I have not been able to collect more than 10 BTC until this time, it was quite depressing because there are many people who earn huge profits in a short time? |
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I think its popularity would somehow decrease because traders would really switch to another crypto which has more volatile price because they only make money on that movements of each coin thats why they should definitely switch to another coin but in other story it would be popular to some merchants.
yeah traders usually prefer fast movement or prices fluctuate, so that they can benefit quickly ? maybe traders will not use bitcoin as price being stable |
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