Bitcoin is the modern era currency which has many advantages like it is the digital currency which is using for much online transaction. And the funds can be easily transfers in the world without any hurdles in the way of transfer while in the fiat currency system through banks if want to make a transfer you will fulfill many requirements.
I agree with you that bitcoin is the new or modern kind of currency or more likely to be called the shortcut for greatness of our money because with bitcoin we can do a lot of transaction without worrying too much about the fees and the time for making a complete a transaction. If you want to save a lot of money and time then bitcoin will be the best choice but as of now it is not that mainstream so it is a great opportunity for us to grab while it is not mainstream. It's not the primary currency, but it can becomes the primary currency in future, do you think that? For me, Bitcoin and blockchain technology are needed to help the world grow more. There are many problems about how to protect data safest. But with blockchain, all problems can solve easily. how will it be a currency used to make transactions and shop if the confirmation time is very long? fee or transaction fee is very expensive? naturally anyone is reluctant to use bitcoin as currency because of that, of course they will choose fiat for their primary currencies, this will be an obstacle for bitcoin itself as the currency that is expected to have a bright future by everyone,, |
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i had about $200 worth of bitcoin.
How can i earn more with that amount?
should I trading? or make an investment?
and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me.
really apreciate it.
thank you.
Invest in it on good company and have a long time working investing in a company can be a good idea mate, you can find a company that already has a real business and have a good development, try to put your capital on there, may be its will good for your future or you can try to make your own business I think it's the best investment,, |
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ICO is not the best way to invest. No. Seriously, the best way to invest is by buying Bitcoin only. I don't know who told you ICOs are better than BTC but most of them are pump and dump scams only.
its because most beginners today think that ICO is best way to invest , but the truth is ICO only advertise their coins and eventually , investors that invest in the ICO dumps their coins. And yeah the best way to invest is in bitcoin , because of its longterm , and more profits to earned in bitcoin. Most ICO's are giving away most shit coins , and ended scams. I think ico can be an alternative besides investing in bitcoin, I'm not saying that ico's best investment but ico investment could be profitable, because i ever bought tokens ico and then that ico was launching in exchange and i sold my tokens at higher prices and i get big profit,, |
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Federal government cant place income taxes to it and a few individuals apply it Black Market.
yeah I think that is the most rational reason that happens today, the government will not want to see bitcoin operating in their country while the government can not control and benefit from taxes, thus making the government prohibit the use of bitcoin in their country,, |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
This is quite easy to explain. The thing about bitcoin is, it is volatile. Now, being volatile has it's own advantage and disadvantage, but once used properly it could be an advantage or better yet become an investment. Due to it's price increase from time to time, people may invest on it and double or even triple the value of their money. i think bitcoin users should regard fluctuations as advantages because of the fluctuations make bitcoin prices very quickly to rise and provide quick returns to many investors, look out bitcoin price rise double in less than 1 year, especially if you hold up for a long time of course you will get big profit,, |
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Paper money is still used but should only be used in low-income countries. In developing countries they rarely use paper money and only use credit cards
yeah i think in most developed countries, their people are sophisticated they prefer to use credit cards to shop at supermarkets or merchants, but I'm sure the world will change and the country that is still not advanced will over time will follow the technological advances and paper money will be less frequent used,, |
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What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
That's right. If there's an opportunity to make money on digital cryptocurrencies grab it. To those people who invest on cryptocurrencies while the price was cheap are so lucky because maybe they are rich now. As we can see now the price of bitcoin before was cheap but now look at it. It tripled the value. I think the sign that cryptocurrency will have a bright future is already very visible mate, many people are beginning to adopt and invest in bitcoin and various ico and altcoin, bitcoin prices continue to skyrocket it as users keep coming and this will make the future of cryptocurrency very beautiful in the future, so do not waste this opportunity mate,, |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
I think yes, in every investment I think you should always have a plan B just in case your plan A didn't go well. Investing all your money is risky because you leave yourself and your investment vulnerable to emergency situations that may lead you to selling your bitcoins prematurely which may also result to cutting losses or wasted time. thats right, back up plan will be much needed let alone bitcoin is a fluctuating investment, using all your money to buy bitcoin in one time is a big risk because it is very possible after you buy bitcoin, the price will decrease then you will direct loss, will be better if you have back up plan or back up funds,, |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Bitcoin was defeated gold because bitcoin can increase and increase more to its price by time passes so fastly that possibly it can fall into a million dollar each. Not like gold,it is limmited and base only in its wieght . i think both beat each other in different fields, gold is better because it is safer (because it is not fluctuating) whereas bitcoin is very profitable in the near term because it is fluctuating, which makes bitcoin preferred because bitcoin is more potent than gold, bitcoin is still young and very likely to have prices many times over the next few years,, |
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Much more easier because if you any ware as long as you have internet connection you can transact to other people and you can put your money any bank you want.
bitcoin is the best choice because it is a good investment that makes money and is very well protected bitcoin is a digital currency and also a profitable commodity that's why I choose to use bitcoin, although I mostly use bitcoin for investment only, but not infrequently I use bitcoin for financial transactions like paying bills and so forth, but I prefer to invest because very profitable in the near and long term,, |
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Nothing can win the corruption. It is about people and their minds, not about money system. Even if we will have only bitcoin as a legal currency, politics and business men will find the way to hide their corruption manipulations. But lockchain can greatly reduce corruption level and improve people's lives.
but you know that human greed can arise because of an opportunity, when the opportunity comes, surely anyone will be tempted to commit corruption especially if the financial system supports corruption? bitcoin comes with an anonymous and decentralized system I think all corruptors will utilize bitcoin,, |
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My answer is maybe because paypal is legalized and bitcoin is not legal for some country. The government find a way to make taxes and regulate on bitcoin users to legalized using bitcoin. Maybe in the near future bitcoin overcome paypal!
Yes ,bitcoin already overcome paypal.,before bitcoin is not that known as paypal when it comes to purchasing and using it as payment option, but now users left paypal and stick to bitcoin because of its anonymous and flexibility when purchasing online. Lol how bitcoin is overcome paypal while still very rarely people use bitcoin to shop ? and you know almost most internet users use paypal to pay something or shopping online instead of using bitcoin to pay? I think bitcoin has not beat paypal yet mate,, |
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Well no time to be regret about not believing to it way back then. The thing is i'm now doing bitcoin thus forget the negativity and just focused in it. We cannot do about the past but we can do for our present that will lead to our future good life. May the force be with us!  thats right, i think rather than continue to regret what has happened better focus on what will happen mate, you know that bitcoin prices will continue to grow and why do not you try to forget your sadness and do real actions like buying and collecting bitcoin? it will be better,, |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Not country but goverments because some goverments hate this bitcoin they said that bitcoin is like a fraud to all so thata why goverments illegalize the bitcoin in their countrt or maybe goverments scared about bitcoin can replace bank.  because bitcoin is decentralized and anonymous so it will destroy the financial system of a country and the government will not let it happen, so the government gives us restrictions on the use of bitcoin or even prohibition so that's why bitcoin is not support in many countries,, |
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I think yes it will be because i personally think that bitcoin will reach 10k by the end of this year that means it will go into 2018 with a price of 10k for one bitcoin and at the end of 2018 it will be a lot more.
i think the price does not play a role directly with bitcoin era in the world, even though bitcoin price almost reach $9k but there are still many people who don't know about bitcoin? it still took me a very long time to be able to see the bitcoin era coming where many people in the world adopted bitcoin,, |
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Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Yes , it is the best way to invest our money in bitcoin. , unlike in banks we just don't know one day they were be bankrupt . I better keep most of my money I have on a secure investment like real estate or gold, right now I'm using more than 70% of my money to keep it on investment and it will be profitable for me in the long run, and I choose it instead of saving and keeping my money in the bank,, |
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Its great season for those who had kept BTC on HOLD. See today's price  well its really a good thing happen to those who keep their coins on hold especially if they have it a year or two ago, the value already jumped so high and its a good long term investment very profitable and for sure it will not end here, it will keeps rising up that no one knows how big it can be just enjoy riding with it. I think it's not greedy, even i will say it's a recommended strategy for all users, all users know that bitcoin prices will continue to soar up and it would not hurt to hold bitcoin for longer, because that would certainly give them a big profit, recommended for you to do mate,, |
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Yes it is workig.Bitcoin is Very good online payment system.But there are many online shop don't accept bitcoin.But some online shops accept bitcoin.Some time I use bitcoin for online payment.
Yes bitcoin really works for online shopping. Some of the member in this forum already stated that they were able make some transactions like shopping in online gaming and others using bitcoin. We have also this option of converting digital currency into fiat so that we can use the money to pay our bills. but i think bitcoin is not just work or only be used in online shop, because I see there are many physical stores in my countries that receive bitcoin payments directly, so it proves that bitcoin not only can be used in online shop, but can be used for buying things in a physical store,, |
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Sure all of us want to be rich!!But practically none of us will really obtain that.I believe the crypto market can be compared a small little bit with the gold hurry.From those who went searching for gold just a number of turned out to be wealthy.But these who bought shovels and mining equippment, they made a fortune.Hard operating alone won't make u prosperous. You require to be wise to achieve that goal.
Anyone who is ready to risk their savings and budget in favor of crypto will earn and quite a bit if his investments are going to cover in fact. maybe i would say that only people who dare to take risks and get out of the comfort zone that can get rich, because I see from some of my friends they use most of their life savings to buy bitcoin at the price of $ 4500 some time ago and now he's getting a huge profit or even getting rich, from that i can believe that it takes courage to take risks to be rich ? |
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