To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it. |
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I agree, most of the time gamblers became addicted because of the instance that they experienced to gain profit from winning the gambling and yes that might be the main reason why most people who are dealing with gambling became addicted and enjoyment or entertainment is not the real reason as most of them came to gambling actually for profit.
Yes every gambler is expecting to win and become rich within minutes and this thinking make them additive to gambling. If someone wins in gambling and he starts think just one more time to gamble and to win, that is enough so he will lose again and he will try again to repeat his winning and stays within gambling and get addicted. I think that's not true, what you are trying to make an example is not really what is happening, if we can be rich within a minute then we should be gambling with a decent amount of money, however the reality is not, most of the gamblers cannot afford to have that big bankroll while they are hoping for a bigger win, they only use a small amount of money which made them too reliant on their luck. People keep comes back to gambling even they know would loss again, I thought it's because they think could win and recover their loss, in simply word "hope". Moreover if you see that other player winnings, makes you attracted to gambling too. |
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I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?
Bitcoin will be ok,even if there are no altcoins in existence,in fact majority are not looking at altcoins they are only interested in Bitcoin,some are looking or holding altcoins because they a strong belief that some of this coins are another bitcoin in the making. You're right, bitcoin doesn't need altcoin as it will keep rise even just itself in cryptocurrency world. But altcoin bring many advantages for people in trading, moreover you could make many bitcoin by trading it with anothers coins. |
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how many people are lucky but lose,How else have no relation with luck but uses several strategy that allows them to make earnings, and also how many people have no experience in games but who make big pot, and others who uses the same strategy that worked for other people but does not work for them. So; do you believe that earnings in gambling is depending on luck?  I believe so, you need luck in gambling due to gambling is too risky and you need more than just ability and knowledge in order to get profits instead get losses and lose all your money. I prefer depend on luck like 75%, and rest of it what you said as skills. |
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It is decentralized. No one can access your private keys excepts you. Its also a faster way to transfer with a cheap cost. Also good for investments. It is popular right, which means it can pumps up the price anytime now. Just like banks. Bitcoin have disadvantages also. But im fine with that. Bitcoin is freedom. Thats what i like about bitcoin.
Totally agree, bitcoin has many advantages that attracted me as we know banks system is unreliable and seems not fair for customer due to high fees of any service (anything). I like the idea of freedom with bitcoin and could used in global transaction. |
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if no one spends bitcoin the price will increase faster than it is right now.
supply x demand law, i'm pretty sure demand will keep increasing and if no one spends will be like supply reducing(like what happened to dash with masternodes)
spending bitcoin is not the same as not selling bitcoin. spending means using it to buy stuff just like what you do with any other currencies. but selling is when you dump it on the market. the first one is actually helpful to bitcoin because when you spend there will be more services and more adoption as we go forward. but the selling is what changes the price when no one sells price goes up and when everyone is dumping the price drops. Yeah, bitcoin more likely would have less market and slow adoption if no one spending bitcoin as now there are many merchants accepted bitcoin payment especially in Western countries, so spending will affect bitcoin price to be more higher than before. |
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Presently, USD has more fans than bitcoin. Because everybody is well aware of the value of US dollar. But in future, bitcoin will over take USD dollars.
I doubt that you can talk in this category - I like US dollar therefore I use it. People are using USD not because they are fond of it. but because it is a necessity for them, they have no choice. You can either use strong FIAT backed by one of the superpowers and hope that it will stay strong or pick lesser FIAT with worse qualities, so there is not much of a choice there, is it? If we discussed about popular, I think USD still more popular of course. Bitcoin has it own market for now and people in community still try to spread widely and set it position, maybe in few years later when everyone knows what bitcoin is, then it will more popular than USD. |
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Two weeks later re buy..?
I am playing in a tax free account so my gains I don't have to pay taxes. I believe in both. What kind of stocks did you have? If you don't mind, I'm just curious. Yeah sell you stock to buy more Bitcoins because Bitcoin is the better investment of the two if you really want to make money.
You will have to be patient with Bitcoin but that does not matter because you are going to make money.
Yeah bitcoin is unpredictable and also the price of bitcoin is increase because its always depends in demand and supply.. block halving is coming and our supply will be decrease more and i think we are also increasing population using bitcoin so the price should be rise more price will come in the future and more people are using bitcoin.. If the block size is 2MB or higher, and the transaction confirmation is faster, there will be more users. I prefer to keep both of it, I think you know more than enough to decided buy or sell. as it already done, how is it going/results? |
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bitcoin is a new way of Money managment or better called money processors and its fully based upon technologies. i prefer them with holograms technology(when succesfully inwnted) it will be instant future but on the other hands real money are like an instant solution to anything no need to wait a second while you have real money but some other factors work in that too
Yes bitcoin is the future of money, the maximum amount of bitcoin is only 21 million so it will be deflation, but fiat (real money) is no limit, so if the new printed real money has spread the value will be decrease. Bitcoin is created from minning, the minning will not end until reach 2140. Although bitcoin need electricity and internet connection but bitcoin give many advantage to the users. Fiat is already used in every country but its controled by government and monopolized by bank. That's right, the main problem of real money is the value constantly decrease from time to time due to inflation. Bitcoin is technology against these problem, decentralized digital currency that has many advantages such as high price, fast transaction to everywhere (sending money) worldwide, anonymous and you have full control to your money which different from bank systems. |
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I think one day in the future anything can be possible and certainly it is possible that bitcoin and blockchain technology can take over banking one day wince its simply better but the thing is the banks will fight as hard and as dirty as they can torevent that from happening and keep their precious profits.
there are opinions about bitcoin could be a better option than just using fiat money that impact to banks of course, in order to stay still banks might adopt blockchain technology, maybe not in anytime soon but about 5-10 years later when bitcoin growth rapidly all over the world and using mainstream by people as accepted payment. |
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Its really a good news for Bitcoin holders who were eagerly waiting for the price rise.But at the same time, its a little bit sad news for me as i have invested in an Altcoin.Doesnt matter, i am going to shift my investment to Bitcoin again.
you are right. bitcoin prices are currently moving up, I was very happy to see these prices go up, and I'm also pretty sure, in a few days, the price of bitcoin will pass $ 700. Well, it might be a lot of media are preaching about this price increase. I just hope this will continue, although the increases were small we all waiting for bitcoin price reach $700 in the nearly future, today I've seen the price around $688-690 which close to break point. I'm pretty sure the price could be reach $700 by the end of this month, in two days. |
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Hello avirunes, I'm glad you're manager of Let's Think About the Future Sig-Camp. You are good manager.
I want to inform that my rank upgrade to member few days ago
already changed my signature , thank you.
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If anyone offer you, So which thing you want choose like
1. BITCOINS
2. GOLD
3. DOLLAR (fiat currency)
If these things have same price than which thing you wanna choose? Actually I want to guess how many peoples like bitcoin.
Because if i have a offer than definitely i will choose Bitcoin, because i like bitcoin more than gold, and bitcoin's price is more strong than dollar.
I prefer bitcoin to choose of course, it is my future savings and has good price increasing every year though. Bitcoin considered as investment which could make double your money in few months, just like 2 months ago when the price go down to $450s and now around $680s. |
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I guess why people choose sports betting over any type of gambling is because they can research who has the advantage or who is better. Resulting into almost predicting the outcome of the game/fight.
Yeah that is why people bet on sport games because you can pick the better team which gives you a higher chance of winning. What people then do is putting allot of money on the better team so that they will still make quite a profit. Gambling on sports betting give lower payouts and not as much playing dice because it's predictable and players have good chance to win it, it more easier if bet on team/player that more eminent. But, what if the match between two equal teams/players, that must be an exciting game are difficult to predict, however unforeseen circumstances could get you lost a bet. |
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If you are a BTC lover, would you one day like to get your paycheck 100% in BTC? Personally I won't. Because many facilities in my area doesn't support BTC payment.  I do not mind receiving, say, 20% of my pay in BTC denomination. No I Don't Want to Receive My Salary in Bitcoins Because of the Following Reasons:- 1) Bitcoin Price is Not Stable And If the Price of Bitcoin Drop After I Received My Salary Then I Am in Loss.... 2) It is Difficult To Convert Btc into Fiat in My Area and Also A Fees is Charged When Converting My Bitcoins Into My Local Currency..... You're right, for now bitcoin has several laxity like you said, include it's not accepted in mostly all shops or stores in many country yet. If bitcoin could get through those issues, and then it must be in few more years and I would like to receive my salary in bitcoin. |
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i think i am not agree with this statement,i am really going to sell my bitcoin when ever i feel the need then i will never wait for a single minute but will sell it on the spot.
well, everybody has their own decision. I think OP had mentioned why we should never sell our bitcoin and I thought it make sense. That such opinion just come from people who had a strongly believes in future of bitcoin, I do believe, so I would always have savings my btc and just convert it into fiat money if I need to buy/pay something urgent. |
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Gambling sites bankroll seems as an interesting idea although I prefer PoS coins. My favorite and preferable option s been DMD Diamond, that coins has never failed me and I have been profiting from it for almost 2 years. Still, always differentiate your investments, never put all your money in the same place.
I do not like gambling and do not want to recommend for the newbie because this in not profitable specially in the long run and in addition gambling is for person who have lots of money, i will recommend sports betting and trading method. You know, he said invest in gambling sites bankroll, not playing gambling, it's a different thing. Many sites has offer to be part of their effort as sites bankroll and some people has been get nice profits every weeks though. If I had that much bitcoin, maybe I would invest as bankroll too. |
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i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.
You will never come to know when it will fall to bottom as it will not give you any prior notice before the downfall and that is the reason it makes bitcoins a very risky investment. If you see it that way, so you won't ever save bitcoin or hold it in a long time. Bitcoin price ever fall out till around $200 and people thought it the end of bitcoin, but the price rise again. so if bitcoin price would fall to the bottom, I would buy btc as much as I want and wait it rise again like before. |
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Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
You are right with it using both of it will be useful but for me if you just wanted to be on a safe with your money. Then you can just simply save that money and if you think that you are already ready to have investments then you can do both of it but I would it would depend on how much the savings you already have so that you can support your investment. Saving should be the first step and that is what I have been doing, when we are saving we will just allocate a certain percentage of our savings that we will be using for investment, it does not matter where you are going to put it as long as you can guarantee that you have evaluated it carefully and you have analyze your chances. You're right, for beginners who want to start their own business or make an investment that needed big amount of capital, we should constantly saving as the part of the planning. Saving in bitcoin has more advantages than just using fiat money as we know that bitcoin value increasing every year though there are some decline, it has good foundation in market and for me it's still the best option. |
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A friend of my want to give me 3BTC and he want me to pay him back 4BTC in 2month 7days but he asked me what will i do with it, how can i turn 3 bitcoin to 4 in 2 month 7days, what is the best investment that can give me good ROI in that short period
So please i ask for your advice
It's funny if your friend want BTC4 in 9 weeks by give you BTC3? and you h BTCve no idea how to make it. First, I suggest not to take that agreement, too hig risky that you can't give it back as he want. If you still want that loan, and then you can try gambling on sports betting but choose wisely and do research first, you also could follow tips by gamblers masters on this forum who share their prediction. don't get into gambling like dice, roulette or some kind of that. Be lucky, ok. |
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