I think it's possible theoretically only. People are not ready to stop using banks. Peer-to-peer system is like something mythical to them.
The most people would not it understand it also its to difficult to get people to start using the bitcoin, plus its also that they do not know the system. I think it will possible in the future because everything is gonna be digital in the future so. Yes, anything is possible in future, if the world goes digital, then people would use more bitcoins rather then depending upon the banks, but again banks will also survive and won't get disappear. |
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yeah its rising once again, a lot of people predicted that it has died but the price shows the opposite trend
That's the major issue with the mindsets of the people, if price drops down, people start complaining that bitcoin will not survive and it is not a long term player, but it will rise more in future. |
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most probably i would like to use it every day for such simple things as buying food or going to the doctor, i want bitcoin to be mainstream
Exactly, thinking about next 20 years would be a weird, its better we concentrate in present and keep on spending our bitcoins on daily basis, either digitally or physically. |
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when bitcoin have no price or the bitcoin price decrease so down around $100. i'm sure people will stop using bitcoin, because it's like bitcoin is not worth anymore.
Yep, and this right here also is why tons of people are having doubts using BTCs. The value is simply too erratic. are you sure ? if bitcoin price dropped to 100$ it will bankrupt some people but i dont think so this drop can be the end of bitcoins even with 100$ it will be worlds biggest value currency digitally or physically both the more important is stability Yeah, price stability is the major concern, but as the market cap of bitcoin is too small, its difficult it can ever remain stable, and if price falls that down, people will try to collect as many coins as possible. |
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my methods of growing my bitcoins is gambling it and thats it, i either make a lot of money of lose it all usually
If you can afford to take risk, then sky is the limit in gambling, as if you win you win big, and if you loose, you loose everything, gambling is not recommended though as you cannot win everytime. |
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yeah, its more or less real money, i cant actually feel it in my hand but i still can pay with it for shopping
Yeah, either you pay in online for shopping or else you get fiat currency in your hands by converting bitcoins to fiat, so at the end of the you have money in your hand, so its a real money. |
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it is very hard to earn any money for making a living with bitcoin, i think you have to have a company or something like that
That's true, at a bitcoin is good as a passive income which can take care of our extra expenses, but may be in future we can earn a living with bitcoin for sure. |
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Cannot judge the future of bitcoin at a moment, the ups and downs in the value of bitcoin makes it more complicated and becomes difficult to arrive at a particular decision, enjoy till it is alive, rest will be seen in future.
bitcoin prices is very difficult to predict, but for the future, assessing the price of bitcoin is not difficult, maybe the price will exceed $ 1000, it certainly Yeah by the end of year 2016 it is expected that it would reach to that value, so we busy in earning bitcoins at a moment and will hold till the value reaches to that mark. |
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Looking at the present stable price of bitcoins, it seems that the future of bitcoin would be much secure and safe, as we all want that the price of bitcoin should be more stable so that more people start investing their money into it.
The price is quite stable recently. But it is still very volatile during a day. The price just rose 12% in the last 24 hours. Yeah, but its good that price is stable at a moment and that is the good sign for the users of bitcoins, as if price fluctuation is higher, its difficult to get new investors into it. |
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I have about 2.1 BTC in cold paper wallet. The rest are in hot wallet to spend whenever needed. So I think I qualify for "1 in 10 million club".
That's great mate, congratulations, you are doing it very well, as far as I am concerned I am far behind to achieve that milestone, but may be in future I would be a part of it. |
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the price is the reson why people are making and collecting and gambling with bitcoin so it's matter for all of us
That's true,, some of us collecting bitcoins because it has a value,, but it really doesn't matter if price is low,..  Yeah, people are busy in collecting as much bitcoins as possible at a moment as everyone is sure that price will increase in future, so the price of bitcoin really matters to all of us. |
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for now probably most people would choose gold. not because of the high price of gold, but gold is still safer than bitcoin, you can generate profits in gold, it would have been
Yes, and the reason is the gold is ruling the world since its birth, comparatively bitcoin is a new born baby, so people are not sure whether bitcoin is a player of long run or not. |
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The best option to make 17 btc out of 7 btc is to hold it for future, and if you go for gambling or trading you would loose everything, but if you have patience hold it for next couple of years.
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How to become rich? Just work, work and work. Work 12 hour everydays and then u will rich automatic. Dont forget to pray also
yeah, that's true, to be rich, we need to work hard to earn money and buy bitcoin from our salary.. Yes i do believe in your words i use bitcoin as a part time income and a investment for future Yeah, bitcoin is taking care of us in the form of extra income, which can be spend for basic expenses or else save it for future, so it can turned out to be a good investment. |
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just buy bitcoin and wait or gamble or invest and the sell bitcoin but i think the best wait is to buy and wait a lon time to have a great profit
It's good to wait rather then going for gambling, as gambling is an risky affair, can't be assured that we end on a winning note, and if we loose it would be great loss, so its better to hold and wait. |
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yeah, don't sell it! Wait till they'll raise a bit,then sell if you want to, but for now, just keep them
That's the right thing to do, at a moment holding is the best option, as the price would be higher in future, so selling at a moment cannot give us good profits. ok don't sell it but don't save it in your wallet that will effect the price of bitcoin and it will go down Exactly, do not keep your bitcoins idle, in fact it should be actively spend, and there should be a circulation of bitcoins which will lead to more higher price in future. |
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I would invest it, maybe it's a higher risk if you invest your money then just putting it (safe) on the bank. But Higher risk, Higher reward  And I don't think Cryptocurrencies are a dangerous investment. Especially if you already buy low and the coin has a promising future, you can make a lot of profit that way. But lot of people are hesitant to invest, they are scared to lose there money. Yeah, people hesitate when it comes to investing their money into crypto, as they are afraid that they might loose all their money, so either they would save or choose alternative option for investment. they think that one day the bitcoin will be dead but i think they will miss the opportunity to be rich  Yes, they are just listening to what people around them spread news related to bitcoins, if press and media says that bitcoin is dead, they will start assuming that bitcoin is really dead. |
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They use it because it is in fact a much faster and cheaper.
The sad thing is that not many people know what Bitcoins is.
Yes, and it is faster and cheaper as compared to banking transactions, banks takes almost 24 to 48 hours for online transfer with higher fees, but with bitcoins the credits are instant and with minimal fees and that is the reason people choose bitcoins. |
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after few decades maybe, but definitely not in the near future, banks are really strong right now and a lot of people have their money there so i dont think that the bitcoin is strong enough to do that
That's true, people have more faith in banking system as compared to bitcoin, as they are using banking system since its inception, comparatively bitcoin is still new to many people, So I don't think bitcoin can affect banking system in near future. |
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If you think carefully you'll notice anything has the potential to destroy Bitcoin, but not anytime soon (hopefully). As far as I am concerned, the best plan to stick with would be to simply just focus on more tactile moves in terms of growing and strengthening Bitcoin, rather than focusing on what could kill it it.  That's true we should take things positively rather then focusing on negative things, as we would find more negative people around us who are continuously busy in taking negative things related to bitcoins, and I don't think any individual or a system holds that power to destroy bitcoin. |
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