Well you simply say that bitcoin is a currency that can be used online. It is a cryptocurrency that have a potential to grow in the future. But I personally think that it's impossible to persuade them to use bitcoin.
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Well for me it depends. If it was internet money I guess ill prefer bitcoin but if it is a money in my pocket, I still prefer cash because only a few establishments accept bitcoin as a payment to their services/goods.
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Well I think you should stay away from those sites. p2p loan sites can't guarantee that you'll profit in your bitcoins thats why we need to stay away, instead do some trading or hold your bitcoin.
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Well if bitcoin prie would suddenly fall to the bottom, ill start using faucets because if the price would fall that means it will be back to the time when faucets give 1BTC to their users as payment I will do it and still believe that bitcoin will rise up to the value again.
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Well I think that whatsapp, fb, snapchat, instagram, and twitter aren't adding btc as payment to them because many users don't know it yet. Because many users don't know about bitcoin yet, they will not profit big for accepting bitcoin as payment to them.
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I would sell all my Bitcoins if I need money badly and the price is just right.
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Well I use bitcoin to both because I trade them to fiat and at the same time I use them to earn more via trading on yobit or c-cex. I also use them to buy things online and pay someone online.
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Well the best way to respond to that kind of people is to just let them express their opinions and you express yours too. When he responds to your opinion then state some facts why bitcoin is not a ponzi etc etc to prove that bitcoin is better than banks. That way you can sway many others too to use bitcoin.
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Well for me I never bought bitcoin, I earned them using free methods then invest it in trading. That way I got some bitcoin free of charges without me buying anything and without taking from my portfolio.
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Personally I think Bitcoin don't need to be deposited in banks because we have bitcoin online wallets or cold storage where we could send and receive bitcoin. And for that reason I see no need for us to store bitcoins in bank.
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For me long term investment in bitcoin is more than 5 years. I trade some of my bitcoin into fiat and I always leave 20% of what I earn freely to my bitcoin wallet and keep it there long term.
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There are many reasons why banks hates bitcoins.First thing is they are losing people that ues banks because people are adopting and investing their money in bitcoin and banks loses customers because they are transfering money to bitcoin wallets because of bitcoins features of bitcoins which is better than banks
Well I agree with you. In addition to this I think banks hate bitcoin not just because of that, Banks hate bitcoin because bitcoin have the potential to overthrow fiat currency that will be bad for them, and if that happens they will have no profit and no investors. I think thats the main reason why banks hate bitcoin so much.
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Time will come human technology will cure aging and death. We think we are modern but we belong to the ancient. You don't see what human is capable to do. Give humanity another 100 to 500 years.
I agree with you. I also think that in the future humans are capable to travel trough time. Maybe humans have some teleportation machines too that can be used in travelling from one country to another.
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I think this is better than having a personnel that is human because of 3 reasons. The first reason of that is faster transactions. The second reason is faster serving of food. The third and last reason it is better is faster clean up of tables in rush hours.
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Well it will be great if we could see bitcoin in that price again. I just wonder if it will happen again or not. Maybe it will happen after halving maybe not. But if bitcoin will fall to that price ill probably hoard it again.
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Well ill also count Philippines to have one of the most users of bitcoin Many users here like me use it, for loading airtime in our cellphones and some withdraw it to peso like me.
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Well I don't think that bitcoin halving will be cancelled because of two reasons. The first reason is that the halving has a countdown and is set to happen 4years after last halving. The second reason is that because it had a set date, it can't be cancelled because it is already happening. The slow blockchain transaction sometimes are the proof that it will not be cancelled.
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2020 is still far and It is hard to predict what percentage of people on Earth will own Bitcoin by 2020. If the pace will continue as it is now, I think 2-5% of the population in the world will own bitcoin. But it can be more if there are major updates that will happen or major events that will cause people to use bitcoin.
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I think that bitcoin is very strong right now, dollar feeding bitcoin and price now around $600 and it's pretty good for us, people who saying that btc is dead are braindead i think I agree with you BitcoinPaw. I also think like the others that they want to buy bitcoin at a low price. Well I guess that if that happens, they'll start saying that "bitcoin is not dead so buy now before it rises, Bitcoin being dead are just rumors".
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I hope that happens, it would be nice to see bitcoin as a global currency. It would be easier to use in buying something and im sure that it will get bitcoin's price to rise dramatically. I would love to see that happen.
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