I can say that Ethereum has very interesting technology such as smartchains/decentralized applications. But still, I think this is something that could be implemented on Bitcoin as well. I choose Bitcoin as my favorite crypto because there is none other like it. Many alts out there are just hype and scams, so the most trustworthy crypto of all is Bitcoin. Just my opinion.
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I can’t wait for the new wallet release. The new GUI makes it look professional and more oriented towards gambling and casinos. This is great and exciting.
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I would like to pay for television services with Bitcoin. Then I could watch my favorite channels like starz and HBO with Dish Network. Maybe someday Dish Network or DirecTV would accept Bitcoin.
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Just make a Bitcoin movie with famous celebrities, like Robert Downey Jr or Will Smith, or maybe even Harrison Ford (lol) Then they would use Bitcoin in the movie to pay for stuff like food or other goods. People would then become curious about it and would want to know more about Bitcoin. Just my opinion.
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Bitcoin helped me gain more knowledge and become a privacy centric user. Now, I use practice ways of making things more secure and privately. I've also learned the importance of decentralization, and a revolutionary technology called the blockchain. Thanks to that, and the help of the members of this community, I've been able to further expand my knowledge and become a crypto enthusiast.
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I've been able to get two older couples to buy and hold BTC in their Coinbase wallet. Now I'd like to get them to trade some of that BTC for some key altcoins. Shapeshift would be ideal for acquiring the alts but then they need a way to store them. I don't trust their computer security practices so I don't think their coins should be kept in a wallet on their computer. Is Poloniex the best way to go?
You could try Poloniex or Cryptsy, although I sometimes prefer Poloniex for its reliability. It would be best to store those alts on paper wallets, and just in case, make a backup of your public and private keys, then make an encrypted volume using TrueCrypt or VeraCrypt and later upload that file to the cloud like Google Drive, OneDrive or Dropbox.
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I hope I can one day legally buy weed in my country with BTC.
I think it is possible with CannabisCoin/DOPE at the moment, but if it can ever be done with BTC, then it would be something pretty interesting.
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Currently you still need banks. Hopefully in the future its only blockchain technology and cryptocurency.
Unless a Bank of Bitcoin would be established. Such bank would offer checking and saving accounts with deposits and withdrawls made in Bitcoin. They would also offer Mortgage services and the ability to request loans. Security would be even better than ordinary banks (I think) as they would store your funds on cold storage with encrypted private keys. Just my opinion.
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I still don't have one right now and I eager want it, but it is taking too long. Perhaps, if I would have a higher rank and make good quality posts, I could get to it in no time with signature campaign. Or else, I would just sell my services for better profits.
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Being honest if you really want some bitcoins, Go and buy now because the price is increasing and maybe you will get a profit in future. If we/you are waiting for 100 dollars i think that for this year is impossible.
I agree with this growing speed bitcoin's price may reach $500 easily. However I feel that this increase is not stable and long-term People who wants the bitcoin price to fall down are little in numbers. I think that if the price really falls below 100 dollars then the chances to get even lower are high. At the moment we should not think for dumps but for pumps and maybe buy some bitcoins. And even if Bitcoin's price is rising to the moon, it is still good to invest in it nowadays, as the price might continue to rise and then you would regret not have bought BTC when it was at these prices. It all depends on whenever you want to benefit from this price change in order to make profit or not.
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The government always spies on you everyday, every single hour. They can check the sites you've accessed over the internet, the transactions you've made in the bank and probably even Bitcoin transactions if they manage to link the public address you are using to you. I think the only way that government can't interfere with your BTC transactions, is by using Tor and a Bitcoin Mixer.
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Here's a thing that it might work. If you gamble in the 7th of every month (like say November 7, December 7, etc) you might get lucky and hit the jackpot. The lucky seven will sure bring you some profit. But seriously though, I think there is no strategy at all. You will always lose profit, because that is the way gambling works. I bet that if you make a gambling/dice site you will earn a steady amount of income.
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Litecoin for sure has one thing that Bitcoin does not have and that is faster confirmation times when transactions are made. If Litecoin, could have better development, then it would sure become #2 in marketcap, after Bitcoin.
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Will probably quit my job if Bitcoin's price keeps going upward like it is right now. If it ever reaches the $1000 mark, then I will quit my job and go full time on Bitcoin
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I prefer Bitcoin as my number one crypto currency of choice because it has more adoption than other coins and it has the highest market cap and price. That is the reason why I don't change Bitcoin for anything else. I still hold some alts though, but they are not much.
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Well, Banxshares price has increased a lot (considering it was at $1.78 before) maybe that is a good sign the hold them, or maybe not. As with any investment, there is a risk and thus will I'm not 100% sure if Banx is a scam, I only invest a very minimal amount of BTC into it just to be safe.
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Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion I agree, $1000 mark is my opinion too. I'm not saying it will reach the mark right away, but it will sooner or later. My prediction is two years from now. Here is something that I would suggest to safeguard your profits in any case Bitcoin's price starts to decline. If Bitcoin's price is high, convert it into a price stable cryptocurrency like Tether (which is pegged to fiat). That way, when BTC price goes down, it will not have effect on your profit losses. Just my suggestion.
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Ethereum would gain more traction if it releases a GUI wallet. That way it would be a whole lot easier to send and receive Ether without any technical knowledge at all (for noobs). People would then become interested in it and adopt ETH for use in decentralized apps. A good idea would be to make a decentralized bank based on Ethereum.
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Unless they reduce the price of the 21 Bitcoin Computer, I will never spend a single cent and just hold my coins until something good and profitable is released (like Bitmain's Antminer S7) The only thing that I like of the Bitcoin Computer is its design.
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Bitcoin is growing quicker than what we expected, and in the future it will remain as one of the most successful cryptos out there, aside from Litecoin. Still, Litecoin is one of the oldest alts out there and thus I think it will survive too, but I sometimes I think that it needs more development and features for it to survive.
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