It will be bitcoin or a competing altcoin. It's not the name that matters, it's the technology.
no altcoin has the potential nor the support nor the technology to compete with bitcoin. I am not saying that there never going to be anything but there is nothing right now. you say it instead(your first sentence), many think that there would be an altcoin in the future that will be better than bitcoin, i say this is a blatant bullshit, not gonna happen, nothing can be comparable to the huge network of bitcoin, every new coin would just be a bad joke in comparison and no coin can just be created and surpass bitcoin overnight, it will need so much time for any new coin, to even start to think to overcome 10% of what bitcoin really is, and meanwhile bitcoin will be already on the moon with even more of a huge network Don't be so sure. Every Yahoo has its own Google. Bitcoin can be dominant right now but there were many projects in the past which people thought were unsinkable as well. Many companies and technologies are thing of the past now and no one foresaw it before it was too late for example: Nokia, Yahoo. Bitcoin might be big right now but it doesn't mean it is a clear victor. We need that killer apps and services! Exactly we cannot be so sure about the bitcoin that it will change the world in coming years. Anything is possible it can grow like anything or it can be just on the paper in the future. The best way is to take an individual decision whether to stay or leave as you cannot guarantee anything out of it. Exactly.We can be rich like anything or else will be no where.. As it is really difficult to judge the future of bitcoin and the main reason is that its value is continuously going down at a moment so that is the fear the minds of the people who are actually into the bitcoins. |
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never ever the loaner could easily run away with my coins  ! Exactly it sounds little bit risky and wierd he can easily run away with your hard earned bitcoins and it is better to stay away from loan in bitcoins. If you need money there are many ways to get a loan and the best way is to contact the bank as it is the safest way to do. But loan on bitcoin..simply not possible. This is why a lot of lenders require some kind of collateral so that if the loaner runs away with the coins, the collateral can be sold to make up for the loss and usually interest. Exactly it is better to go for trading rather then going for a loan from bitcoins as in trading risk is involve but you are the only person responsible for that either its a profit or a loss you are solely responsible you cannot blame others and I simply recommend not to opt a loan from bitcoin. |
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The best investment method i think is trading. But you must know about market price before you try it. You can hold your BTC for several weeks or months than you look market price. The other way is altcoin trading. It's faster than BTC trading, but it has high risk, so i don't recommend it. The last thing i want you to know, be careful when you choose trading site or you'll lose your BTC  i want to add that with great risk comes great rewards. especially now that bitcoin market is stable and boring, altcoin market is a good choice for getting some good profit out of it. of course it is not easy and not for everyone to jump in and start profiting, it is a good way to double or triple your investment in a short time. I am yet to find some decent altcoins, but it seems that many of them suggest altcoins but it comes with a price tag of hefty risk. I am planning to up my investment to 40 btc, looking for the right thing to get a good return. How do u like doing that cloudthink.io promotion on your sig/avatar? I noticed that they are advertising this with full members and above. Have you gotten some btc pay out of this yet? Do they pay you by how many times you post on bitcointalk? I thought about signing up for one of these ad services once I get established. You might reconsider that campaign. There are strong hints that the project is faked, so to say, its most probably a scam. They used pictures to show their own project since someone found out they took the pictures from another project. And other things. See the following threads: https://bitcointalk.org/index.php?topic=1076500.0https://bitcointalk.org/index.php?topic=1074272.0https://bitcointalk.org/index.php?topic=1076517.0It is totally a SCAM.. Don't go on their higher payouts and don't get greedy. Just remember "Slow N Steady Wins The Race" So I believe to join some genuine signature campaign no doubt even the pay out is not much higher as compared to cloudthink.io but you are getting paid on weekly basis and thats the best thing;. |
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alt coins are only in the hands of a few in my country, no company uses altcoin, in fact very few know about alt coins even though there have been some national exposure.  and altcoins are very risky and more volatile as compared to bitcoins so it is not safe to do investment in altcoins and we don't know about the future of altcoins it might get vanished in coming next months but we are much more sure about the bitcoins that it will last for longer period of time |
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Pack it up? Wait for a couple months and you'd see MasterCard trying to buy the bitcoin enterprise.
LOLZ.. No need to pack it up for bitcoin community I think it should go right with the mastercard as they already have started loosing their customers for the sake of bitcoins and why people should pay mastercard for their services as they are getting it almost for free by the bitcoins. BYE BYE Master Card.  |
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I will not say from what country but I can say one thing.
The number of people who have heard or Bitcoins are one of the highest in the country. The authorities did not pay attention to Bitcoin. And of course, all my friends know about Bitcoin - I have them all brain washed.
Brainwashing is one thing and accepting it and start using is another thing. How many of your friends have strated using bitcoin? If they have started to use marginally then I would say that you got succeeded in brainwhashing their minds and if none of them have started using it then you need to make more efforts In my country nobody is aware about the bitcoin and if I suggest them or try to give them some knowledge about bitcoin they are simply not interested. They simply say why should invest in such a product which we are not aware about. They generally prefer to invest in gold, land and shares as they trust it more. |
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Money, obviously Also yeah, sending payment is easier now, also "let's hope to get richhh!!!!" Yes and for me it is an future investment which can give me best return on investments in the future which no other financial product can give. So I believe in investing in bitcoin at present and hold it for the future and sell it when it gives me right price and right return on my investments. |
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His first saying is do not invest in anything you do not understand. That's why he never touched tech or internet companies. He's old school, and avoiding Bitcoin is understandable.
Yes we know that he is the one of the richest person of the world but it doesnt make him that he is correct in whatever he says like today new technologies are getting into play and he has never been into the tech world so how can he be so sure about the bitcoins and he have never used bitcoin so I believe we should just ignore him He got to be one of the richest people of the world through gambling on stocks, shares, and currencies. I'm sure he knows more than most will ever do about his investment choices, but ultimately he took gambles and got lucky. Why should we take his advice not to gamble on Bitcoin, especially as he doesn't understand it? By telling people not to gamble on Bitcoin he has become a gambler telling people not to gamble. Great Point. I simply agree with you. The best thing is to listen to yourself rather than listening to others. We know that he is a great person but now we should not forget that there is a generation gap and the youth of this generation are much more smarter than the traditional people they will not get carried away with the news they will do only what they believe in themselves. |
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Speculation/Investment/Saving
but once Bitcoin is 100% mainstream, there will be no "cash" other than Bitcoin. You will be buying everything in Bitcoin, from food to electronics. Your salary will be in Bitcoin.
That would be the best day for the bitcoin community where you can purchase anything by using bitcoin and going cashless. I wish that day comes soon. But talking about present I generally use my bitcoins for gambling as it is considered black money so nobody knows how much I am winning or loosing by using bitcoins  Gambling is my choice and I would definitely use my bitcoin for gambling as there is no risk involved in gambling if you are going with a bitcoin as bitcoin is decentralised no one is aware who is using it and how much he is winning it so i would rather choose an option which can grow my bitcoins in a quick time. |
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reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.
but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
Each and everything needs a publicity. The people who are using it they don't have to worried about it and those who are not aware about the bitcoins now they will come to know through media after the allegations from mastercard and they will start knowing what bitcoin is and if they find it suitable for themselves they will start accepting it; |
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I think many people assume BTC dead because the price of Bitcoin decreased significantly
But nothing one people know about the price BTC next month or next year could have been higher but can be lower
As we all know that BTC is volatile in nature and the prices are going down significantly that is the reason why people keep on saying that it is dead and the other reason is very few people are aware about the btc so once the adoption level goes high the prices will go high and it will be again in demand. I believe that media is creating an havoc here... What you say???  They just want hot news to deliver to the society and media has played an significant role in degrading the value of bitcoin and people are influenced by media so they get judgemental very easily i guess. |
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Wow never saw that IBM thing, pretty cool
As i said if that would happen 2 years ago, everyone would talk about it. Now is so many news that it just dont attract so much attention anymore. This is exactly right If the utility of the network is increasing, then so it the economic value of the entire system, bitcoin has a really good run ahead, we are still correcting from the earlier bubble which had a valuation far outside of a reality, and are under price pressure from a stronger dollar which is depressing things further. |
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People hate because they don’t know any better and they don’t even attempt to learn about what they are talking about.
They are scared to hear that what their parents or teachers told them might not be the only side of the story.
Also we hate what we don’t know and are too busy worrying about ourselves instead of opening our eyes to new people and anything unknown.
People hate the things they see inside themselves. They hide away their flaws and seek others' with vehemence in hopes of eradicating their fear of inadequacy with the purging of those they believe embody the traits they try to hide. Eventually the hate spreads and the reason is lost. |
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I say keepz the government out of da cryptos all together. We don't need them. we don't want them. We are strong without them.
I think we can't live or our life will be ruined if theres no government to support us. Even if theres so many negatives ideas or things that government done, we need them to have a peaceful life and to have a leader to lead us in a great community. I think the fundamental question is: Without the government people, who will protect us from the other people, just like them, who will tax, confiscate and kill us? You just only specific my idea. But we are talking about government not the government people. Now? you know what is the importance of the government? Even if they corrupt us or steal our money we need them. Yes, we also need them to confuse us about the purpose of government, and to tell us that the alternative government people out there (IS, Russia) are worse. We don't confused them, we just only explained to them the importance of government. And the benifits that they get if there are government. The advantage of a country that have a government. even if i say it that we need a government, i am not a government supporter or believer because i know what they are doing . The governments of all countries are not same and when we talk or think about the government the first thing comes to our mind is the corruption. Most of the government employees are involved in scams or corrupted activities so it becomes difficult for a ordinary person to trust them and when it comes to bitcoin I don't think that corrupted government will come in support of bitcoin. The Government in my country will never accept it as a national currency as the Government themselves are involved in corruption so why they would support such thing which would be full stop to their corrupted activities?? The only thing we need is the adoption from the people and for that Government has no control. |
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As long as there are governments, there will be national fits. I can't imagine any realistic scenareo where Bitcoin could replace a national currency, unless the nation leaders accept it officially as the national currency. But I cannot imagine the govs doing it forced by how much people use it.
What I can see is Bitcoin being the main standard of value worldwide, deprecating gold.
I Agree and I don't think that government will accept bitcoin as a national currency as they view it as a threat for themselves and even the banking systems. So there is no doubt that government will accept it as a national currency bitcoin will be in demand if and only if the people start adopting it. |
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Gold is a good hedge against inflation where Bitcoin isnt. It could go either way in the face of inflation. Since I see Bitcoin as a currency rather than an investment, I'd have to choose gold.
Remember the goal of currency is to be fairy stable. Stability makes a currency a store of value, which is important for saver and investors. Gold was the asset of choice for these investors in 2013,but that bet turned into bust and much worse than a dollar. Bitcoin hasn't been much better than gold. The value of bitcoin collapsed. The fact of the matter,both the gold and bitcoin are much too volatile to be considered ideal store of value, as least in the recent history. I keep my money on gold over bitcoin as you cannot trust bitcoin as it exist since last 6 years but the gold is traditional currency so would definitely prefer to invest in gold as we are aware that gold have not disappointed anyone since its inception so would gamble on gold. |
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Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13 a coin wish I had bought more than I actually did then and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.
Sounds Great.. I think this is the right time to invest in bitcoin if you want to make your future safe and secure. The prices have collapsed right now so I believe investing at right time is more important just buy it and forget it and when the prices go high sell a part of it and again buy when prices are down. |
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$1 per hour? JA!
I recommend you to go out there find a Job, save some money, find out what people around you needs: clothes, food, puppet accesories. Buy a good stock and start your own Bussines... Repeat, Grow, Repeat, Grow. And never stop finding more needs/products for sell or people as costumers..
That's right go and find some good job and start earning good and safe money at the end of month you will be sure that atleast you will having something in your wallet.. lol...and if you want to earn good and quick money go for gambling but then risk is all yours you can earn good in gambling and if you want to play safe then join some good signature campaign. |
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Hi!  How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ? Glad you asked that question  Well no one I know (in my country) use Bitcoin and most likely 99.5% of my country don't know what bitcoin is . same goes for Paypal or other electronic payment services which is sad . Same is the case with my country, no one is aware about the bitcoins, and if they have heard about the bitcoin they haven't used it but I have started to use bitcoin as a mode of payment, I hardly use credit card now whatever payment I have to make online I do it by using my bitcoins. Payment via bitcoin in my country? Are you kidding me??? Lolz funny thing to answer, If I would tell them about bitcoin their reaction would be the same as above. Hardly anyone would have heard about it people in my country generally prefer to pay via credit card or fiat and bitcoin is totally new concept for them so my country is far behind as compared to other developed countries. |
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They can't rely on government even if they won't.. Every day many people earn through bitcoins and this cannot be stopped so there is no doubt of legal or illegal
Bitcoin is able to skirt much of the federal law concerning currencies because of its digital nature. Although, case law on securities may be able to define a bitcoin as a "security" subjecting bitcoins to sweeping regulation and other anti-fraud provisions. There are also other legal issues which may arise over time, including tax evasion and money laundering. |
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