I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.
Bitcoin probably has a lot of new things in compared to dollar or any other currency but it still wont be able to replace dollar so soon as the people have been using it from a long time now and they would probably not accept something new so suddenly. |
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I would not do anything, but would probably have a cheerful day that i saw the person who actually changed the way of my living by creating a thing called "Bitcoin", but i wonder if he is so secret how come i would know if that is him?
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to me if the price of bitcoin is becoming stable then the popularity of bitcoin will increase and then more and more people will invest their money in bitcoin for the purpose of trading or just for transferring money from one place to another.
And what about the people who invest for trading bitcoins itself? There are thousands of people who invest their money in bitcoin just to get profits with it by trading it as it fluctuates, so if the price was stable there wouldn't have been so many people doing that right now. |
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You can put in in BTC mining - and get ROI after some time, but be careful - there are also a lot of scam BTC mining websites all around Web. Or you can go with Forex options and get ROI back in let's say one day - if you know Forex.  I think investing in mining site involves a risk and that is not a big amount for making an investment, if someone asks me to make money with that amount then I would simply use it in gambling. It would be better than gambling if someone invests that amount in a new coin that is pumping at the moment and keep a close look on the market to sell them back when it grows higher to some percent which will earn him some good profits. |
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To be real Bitcoin is not really that popular in my country, I have asked many people that I know if they knew about Bitcoin. Only one of them knew what it was.
The rest as sad never heard of it, what is it.
The fact is people are not showing in any interest even in knowing it, so expecting from them that will start using it or will invest their money is bit hard, but I think we should try to change their mindsets. I actually tried to introduce bitcoin to my friends once by telling them that i'm earning money from internet in the form of bitcoins, and i told them what bitcoin is and its value, they were actually interested in it but none of them started using it yet. |
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Well definitely it's worth it. The fact that we're all still here means we are in many ways reaping bitcoin benefits. Simply posting makes me earn a couple of btcs what more once i've mastered trading. Also there are a lot of ways you can earn like write ups and blogging so bitcoin is very much worth it.
Signature campaign cannot give you a good future in bitcoin world if you will just rely it solely, you should also learn how to grow your earnings and you can do that by investing and even trading if you are good on it. Be resourceful as for sure you will find the best method that will fit for you. Everyone should actually know that signature campaigns are not a full source of income for anyone as the payments from them are limited, but as it is free bitcoins then it is really worth earning, because bitcoin is worth a lot to us so if we can earn some of it by just posting then why should we leave the chance? |
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If price will be cheap, people will stop interesting in BTC isn't it? I think i've just answered on this question laconically and simple  Yeah the Bitcoin price is important and because of the price not being stable all the time Pope are going to decide if they are going to trade in there Bitcoin. Or they can choose if they want to make money and trade in there Bitcoin. The most basic purpose of people coming towards bitcoin is getting profits from it, so if the price does not move at all then it would probably be the same as other currencies, an stable price wont make it so famous in the world, so price really matters. |
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It is against Bitcoin because you're not spending it anymore, meaning you don't want to use it for now, but many of us cannot even do something with it. Spend it where if we have nowhere to do so?! When more countries will start supporting Bitcoin, we're going to get way more customers and a bigger price.
And besides, if there are a lot of users that are holding their bitcoins then there are also users which are spending their coins as well, so if some of us are holding a few that wont make a big difference i guess and we also cant hold them forever but we have to spend them some day. |
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I never think that Bitcoin will be able to replace the US Dollar because I just do not see something like that happening. The US knows what they are doing.
Bitcoin does not need to take over the US Dollar, it needs to walk on its own path.
Exactly, bitcoin really does not require to replace any other currency in the world but it should make its own identity among the countries which are currently using other currencies like USD or EUROS for trades, if bitcoin can do that, then it can really become the strongest currency of the world. |
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I won't quit my day job to go full time on bitcoin cause with purely bitcoin it's difficult to make a living when you have alot of bills to pay.
Besides that I love my day job and it earns well so I have no reason to quit.
If someone already has a job that pays him way more than what he earns with bitcoin then he probably has no reason to leave his job for going full time bitcoin, but this thing is for those who know they can earn more with bitcoin than what they are earning regularly with their job. |
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3 btc is a big amount for me and if I have that amount someday with me then I will prefer to invest 1 btc in trading, and will save 2 btc for future and sell them at higher price.
And i would save 1 out of them and invest 2 in trading, because i know if i invest more i can increase the amount i'm saving in a shorter period of time while if i save the biggest part them i wont be able to make it grow earlier. |
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I think it's better to invest in my opinion because investing gives you a chance to make more money and also teaches you alot.
Saving money is just putting to the side and not looking at it which is kinda dull and boring.
And by investing someone can easily generate money that can be used for savings, you have a capital and you invest it somewhere which generates you some profits and you save those profits and invest the capital again, doing that always would make you do both investing and saving. |
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I honestly really don't think there is much now that you CAN'T buy with BTC. It really has reached just about every market.
It did not reach amazon yet, i wish bitcoin was accepted there because there are a lot of things i would like to buy from that website but for that i will have to convert my bitcoins which i don't want to do. |
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My very first target has been to have one whole bitcoin in my bitcoin wallet which i was about to complete when i cashed my money out to buy something in real world and then i had to start from over,,, so for now i'm accumulating and keeping them safe in my wallet and also sometimes trading some altcoins.
We are same waiting for my wallet to reach 1 btc.. because i spend some of my bitcoins before in real life in my important things in my study.. Well i have some bitcoins but i need to reach even 2 btc to start my plan to have a good small business online someday. My plan actually is to start trading alt coins when i reach to a good capital like above 1 bitcoin, because i know trading is the only thing that can make me good profits as i don't have any other skills to earn bitcoins with except this. |
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what I do if you give me 10 bitcoin? maybe I will use bitcoin as capital to invest I do in order to become more and more. I will invest in bitcoin or altcoin trading and mining bitcoin
I would cut mining and do the other things you mentioned if i get a capital like that from somewhere, because mining is not something that i like because it really takes too much time to reach ROI and i don't like waiting that much, and trading was always loved by me as i feel i can make great profits from it if i have a good enough capital in hands. |
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Honestly its hard to find any stable and steady income here online if you have a upwork account maybe it can be good to have an steady income.. depends what job you are taking in upwork.
Its actually not that hard to find a job that pays you an steady income but the income may wont be as much as you expect it to be, they are just like signature campaigns and other small things you can do for bitcoins, and the things that can earn you more they are actually not steady such as trading, selling your services etc. |
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Not 100% sure but if you have some extra money for investemenmt then yes buying 1btc is not a bad investement at all because its pretty much sure that the price of bitcoin will gradually increase in future and it depends how much you can hold it.But dont expect a huge profit from holding 1bitcoin.
Exactly, people actually don't understand the concept of holding at first place, they don't get that holding just a small amount wont make them rich even after some months because the price of bitcoin does not grow drastically but it grows gradually, so if you hold just 1 bitcoin you wont earn 1 more from that in near future as the price of bitcoin would just grow in some percent but not 100%. |
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Here in my country you can spend it not in real life but it can help me to pay my monthly bills because there is a local company here that has online wallet that we can use their service to save bitcoin or to exchange or withdraw our bitcoin we can also use their service like paying our monthly bills for electricity water etc. we can also use our bitcoin to exchange in giftcard that we can use shopping in malls locally..
I have nothing like that around me which can make it able for me also to pay some things with my bitcoins to make it easier for me as i always have to exchange them to fiat in order to spend them on something. |
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The only chance for us to be rich is only when we are lucky, we should rely on luck otherwise we will lose than we win. But do not focus on gambling because your chances of getting rich is very low, better invest in a more legitimate business or invest in bitcoin itself.
Beside of effort , luck is important . But , if we're talking about gambling doesn't matter about your skill , luck must be considered for the requirement in the first place. You can try smaller amount in gambling , or try to trade an altcoin which more better than gambling. Luck is required for those who relies on things which does not need any effort, but the ones who make efforts and works hard for something does not need to get lucky because they achieve what they want by working for it but not by waiting to get it without doing anything. |
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for doubling our bitcoin, we can use trading altcoin.
i see some altcoin rise and fail arround 10-20% if we can buy at right time, when the price fail, then we sell it in highest rate when the price pumped, it's very easy to double our bitcoi.
The hardest thing about trading is to keep track of the coins if when they grow and when they fall so that we can buy them at right and sell them back on the right time as well, otherwise there isn't anything else that is hard. |
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