Everything has its pros and cons. I love uᴉoɔʇᴉq , the way it works and I also love to spread the word uᴉoɔʇᴉq to users who I know. Yes , the one and only reason I hate about uᴉoɔʇᴉq is anonymous as it become the advantage for criminal things mostly
But the main thing that is con is that it is anonymous as said up above by btc-facebook and is more likely encouraging some guys who indulges in money-laundering and illegal things. Well I think the main question is here:- "Is uᴉoɔʇᴉq being anonymous is good or bad part?" What do you think? Every coin has two sides it depends on individual how he treat and view it, I think its good to be anonymous as no one is aware who is transacting with whom. |
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I prefer to use uᴉoɔʇᴉq instead fiat and Dollar, but in fact we found ourselves forced to use Dollar a lot more than using uᴉoɔʇᴉq
The mainstream reason that happens is people who accepting dollars more much than accepting uᴉoɔʇᴉq so we forced use dollars than uᴉoɔʇᴉq. From the aspect popularity uᴉoɔʇᴉq not yet compared with dollars . But in my opinion uᴉoɔʇᴉq gives me many feature than dollars does. yes, for uᴉoɔʇᴉq users may uᴉoɔʇᴉq is best because it has helped many of our lives. but for the general public, they prefer the dollar rather than uᴉoɔʇᴉq, the reason being that they already trust and are accustomed to using the dollar Yes using physical money is very much easy for them as they are used to it and using since long time so they will always prefer to use dollar and not bitcoin. |
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Gambling is the best wy you can do, if you want it to grow in a short period of time.  I do not recommend this, because he could lose 7 BTC in a short time. there are many ways that I think is better than gambling. better play slowly but surely than fast and lose everything. I don't understand why people keep on talking about gambling to multiply their coins as that is the worst thing to do with your coins if you cannot handle it then just hold it. Yes, right. perhaps because they think that look easy to make profits from gambling and also they never experienced it. so they try to give advice to others. whereas such advice is not necessarily good for others. Yeah and there are many other ways to increase your coins, gambling is not the only way to increase your coins, but for that you need talent and skills. |
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To save money you need to know how to spend wisely the money that you get from your job and you need to control yourself from spending too much.
Spending the money on only what a person need will help that person to save money,and just focus on expenses that is necessary. Yeah you need to reduce or avoid unwanted expenses that will help you in saving more money and you can save a small part of your earnings in terms of fixed deposits. |
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The practicality of that idea would require a big innovation in bitcoin wallet technology and a big mainstream adoption for real shops to get a motivation into using bitcoin as a checkout method, I think it's possible but would need allot of time.
Bitcoin will be used more in future but we won't see any decline in usage of paper money as fiat will always be used more by the people across the globe. |
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Its part of the scheme were people panic selling their coins then it will at low price but with the current situation those words are meaningless because people wont believe it anymore.
Yeah it wont' work anymore as people knows what bitcoin is and what is its potential to grow so it will affect only those people who are not aware about it. |
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it still matter to an extent, Even big bitcoin fans sometimes want to exchange some BTC to USD and at that time the price they bought at and the current price would matter and would determine if they made it into profit or still haven't got the needed fiat value to come at profit.
Price always matters when it comes to bitcoin as we will only convert btc to fiat when the price is higher and if it is not then we will prefer to hold until it reaches to certain level. |
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I think it has many advantages even without considering criminal activity, Privacy which is so valued in our current time is better in bitcoin than in banks and the like even if not completely anonymous, Also the fees for doing payments is relatively low IMO.
nice think about bitcoins just so low taxes if you give money to other country. The only problem is that the most people don't know how to use it. Yeah you are right. Especially to people who work on other countries and he want sent his money to his family in other country. Bitcoin is really useful and it's really help people to sent his money. Yeah bitcoin is very good when it comes to online remittances as it is very fast and with very low transaction costs and there are many other advantages attached with it. |
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It is very difficult to earn living only with bitcoins.
Firstly, bitcoins are accepted everywhere and you can not pay all your expenses.
Secondly, no legal way is possible to earn that much only with bitcoins.
I love to earn a living with bitcoins in future, but not at a moment, as I am not a full timer on bitcoins, but if I get full time on bitcoins then I would surely earn a living with it. Right now you can only earn bitcoin in trading and small jobs but its still not enough to compared to daily jobs,i will stay with my job and not go full time on bitcoin. Are you sure ? There are many ways to earn bitcoin without trading, like signature campaign and gambling. I'm not suggest gambling though. But i know someone who can earn a living with gambling. Signature campaign cant compensate for the payments need for bills , house rent and foods when a real life jobs can cover all these. Exactly having a full time job is more profitable as it takes care or your financial needs and provides you financial security which bitcoin can never offer. |
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Both are very good to use. But not everyone knows how Bitcoin works and that is the problem. I hope there will be more people that is going to use Bitcoin.
But they must know that it is good to use it and also very safe. It will be nice in the future. Because the world is getting more digital.
yeah of course most people don't know bitcoin. I'm sure if many people know about the workings of bitcoin. like us surely they would consider using bitcoin transactions regularly bitcoin vs dolar for most people prefer dollars absolutely agree but people like dollars because are more easy to spend in the real life (and you don't need any connection to make a tx) That's true and people find it easy to spend dollars for buying anything as it is easily available and accepted everywhere but when it comes to bitcoin no none is aware about it yet. |
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Selling your bitcoin is not good at all, just because the fact the future is good because of the bitcoin itself this year, this is because the halving that is coming.
The halving will let the price rise without any doubts so you should wait till the end of this year to see what is gonna happen with the bitcoin itself and his price.
Yes I think we should wait till halving as the price is expected to rise at the time of halving, as this is not the right time to sell as profits will be lesser if we sell at current price. If everything goes well there is a good chance that the price will rise to a higher amount because of the halving, keep in mind the bitcoin is unpredictable so there is no full chance that it will be like this. Selling them now can be good but you should only do it if you in a real need of money you need for payments or something. Overall I would not sell them just wait till the end of this year and than make the decision if you want to sell them or not. Yeah if you are into any kind of emergency the you should sell a small part of it and rest keep safe for future as its a belief that price would be much higher at the time of halving. |
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Now why would you do that? Why not us both to maximize your potential income  This is a more logical strategy to make bitcoin/fiat work for you to become successful financially.  That's what I'll do too. Why leave the other if you can make them both work. More source of income, the better, right? In this time, we cannot afford to lose a job. If you leave your job, someone will take it. And you may not get it back if your venture with bitcoin fails. Let's erase the thoughts here of getting real life job if ever bitcoin will fail. The good thing here is, if bitcoin will succeed and breached the expected price that all wants you really get more money aside from the salary you will get from doing real life job. The real life job is really important to people there is no stable job that pays bitcoin you can only find a job as a freelancer to get bitcoin so the real job is important. And you don't have to sit straight 8hours to do bitcoin job. We can do it at spare time so still we have time do both as well. Right now my real life job gives me decent salary. As well as my bitcoin job. Imagine my earnings. Majority of people are doing both, and if you are only depending on bitcoin for living then that is really foolish thing to do, you are welcoming trouble on your way. Yeah sticking into bitcoin is really the dumbest thing to do in your life and let go of your day job,day job is more stable income and even people here still have day jobs. Full time job is more entertaining and challenging where you learn many new things and you also have an advantage of getting promoted if you perform well. |
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I would consider bitcoin because there is a lot more possible if you compare it with the gold itself, the gold will let you make profit but its not fast its on a long term.
So I would pick bitcoin its way faster if you want to make profit on a short term.
Yeah if you are looking for quick profits then you should go with bitcoin as you always have an opportunity to make money with the fluctuations involved in it. |
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No it can't...even if bitcoin goes mainstream and been adopted by many countries, the change of replacing money is still very small..It's like dreaming of something unbelievable to happen, that's too ambitious....It's good enough for bitcoin to be recognized as currency..
That is really too ambitious to think that bitcoin can replace the money that we know now,bitcoin is just another currency and will stay that way just like other fiat currency out there. That's true and even if bitcoin gets on mainstream we will still need fiat to take care of our spendings, as we will not be able to spend it everywhere we want. |
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Bitcoin is more more better than Western Union. Without the shitload of fee from Western Union, and if you work on other country and want sent your money to your family, bitcoin is the best answer.
yes bitcoin makes it easy for everyone wherever they are, whenever he wants and at whatever is important to have an internet connection. everything can be done. very easy. anyone can do it yourself. western union from the first used to send money overseas. This is used for the guys who do not have bank accounts. but now bitcoin have a better system. without complicated and no administrative costs Yeah and more and more people will start using bitcoins for online remittances when they will be aware about it in future and we will see decline in users of WU for sure. |
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Bitcoin is hassle free if you want to make any transaction online and there wont be any charge back that is going to happen if you are a merchant.
Indeed, plus what is also nice is that its much faster than most banks and also much easier with payments all over the globe. Why customers also should consider the bitcoin itself is because its self controllable of course. If you are holding bitcoins its as equal as you are having your own bank where you have full control on our money and you can access it 24/7. |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
I agree with this. and many people has no proper knowledge about bitcoin. also they dont trust online transaction. Yeah actually they have fear of getting scammed or robbed online when it comes to spendig money online and that is the primary reason behind stopping people from using bitcoin. |
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no i haven't  because in my country there is no store that accept payment with bitcoin. i just spend my bitcoin mountly, spending means convert it to my local currency and buy goods with it  Same here as even I don't find a single shop that accpets bitcoin, so either I spend it online or by converting to fiat as that this only option available for me. |
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I always tell you what I can of bitcoin to my friends, but they do not believe. I always say that bitcoin is very easy to get but they are just as excited when I told him about the money alone. I always told them that they should read about bitcoin on the internet beforehand, because it is so much information there about bitcoin
Only telling them to go through information on bitcoin will never help, they should be taught practically we need to show them how bitcoin works and how we can make money out of it. |
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I hope soon. We are a while at around $400. People want to sell so it is necessary that is goes up.
We just have to be patient I think at some point in 2016 it will go up.
I think it is pretty possible at the time of halving as its is around $420 at a moment so we can expect that bitcoin can reach to $500 mark at the time of halving. |
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