Bitcoin is very unique and very high quality currency. Many positive characteristics can be made towards cryptocurrency, but the fact that delighted me not to be, because my life has not changed for the better by the fact that such a good bitcoin.
Well for me bitcoin did really changed my life and that is why I value bitcoin too much now because when I don't have some source of income and I just want to have it through online. Then I found bitcoin and base upon on my researching what happened is that bitcoin is really the answer to the things for I need in my daily life.
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I will prefer to hold them without investing them anywhere, because many scam site are always release everywhere. with holding I can sell them anytime when I look higher price of bitcoin.
This is what I am going to do either because the Christmas season is already on its way. For sure a lot of bitcoin users will going to take advantage to buy bitcoins when they are going to receive their bonuses and that is going to make the price of bitcoin increase. So if you are going to hold your bitcoins today, then you are going to be happy in Christmas day.
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I think that the bitcoin is used global i dont know if he is designed to be global but when he is not designed for global use there will not everybody on planet have bitcoins so i think he is designed for global use.
Me too I'm thinking that bitcoin was designed to be global. Because this is the first currency that we can be used all over the world. And we don't have to convert it to our fiat money in able to have transactions abroad. And good thing that bitcoin has been adopted by many people so we are not going to have any problems for its mass adoption.
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I use it mainly for online remittances as I leave abroad and I need to send money to my family on monthly basis and bitcoin has made it very easier for me as I can send it at any point of time with minimal fees.
Well for sure those people who have relatives abroad is going to see this as a good reason to try using bitcoin because this is going to help them to save some good amount for sending it and the receiver would receive it after a couple of minutes already. I have known some of my friends that started using bitcoin for remittance already and they're happy because it is tax free. nice reasons, but those are reasons for bitcoin use. but why would a customer want to use bitcoin. in a store for example. also bitcoin is not tax free. or would you like to make the point that if a go to a store an buy a banana for a certain price (which usually includes taxes), but instead of fiat i use bitcoin and the store owner gives me a discount since bitcoin is tax free? This reason is really going to encourage people who have relatives abroad to use bitcoin. Because that is what they work for to give their relatives to have a good life and even a single cent is able to help them to save. That is why many are going to love bitcoin and start to use it in future. Bitcoin is tax free there are just some miners fee.
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I haven't bought bitcoins yet what I am doing is I am just claiming in the faucets when the first time I knew bitcoin and I don't want enough money for buying bitcoins. So instead of buying, I am just working for it and getting free satoshi's with faucet and as well as some joining some giveaways and doing some easy tasks.
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The only way i do know to grow bitcoin is working, or providing some service, os be at signature campaing, besides those people does consider the rest a waste of time soo why not try sport betting.
The risk that comes with sport betting is high and some people don't know when to actually quit whether winning or losing. You need to have self discipline when going for sport betting I don't recommend gambling for growing your bitcoins and that is not safe at all. And anything or if you wanted to grow your bitcoins there is no safe way on it, just always remember that. And in sports betting instead that you are going to get good profit or grow your bitcoins possibly that you are going to lose your bitcoins or investments there.
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You can't know for sure how long your transaction is going to take to confirm. Even with a good fee, sometimes it takes a couple of hours to get this first confirmation.
The fee with bitcoin transaction for sending or confirming it is really great and that is one of my least favorite thing about it. And even there is no certain waiting time on when the transaction is going to be confirmed but base on my experience the confirmation takes only 5-10 minutes and after that your transaction is already confirmed.
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If this is for real then Russia is seeing a great opportunity for using and adopting bitcoins covering by their law. As we all know that Russia has a very powerful armament country and has a good market for weapons. I don't know if they are already in the dark market and they are going to make a law for it. I just can't even think that Russia once prohibited bitcoin in their country.
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I got it for the hope of it going up. I really wish it happens, and I hope there aren't 9 numbers (0.00000000) just because the creator wanted to randomly put nine numbers there. If Bitcoin would get to $100m, a satoshi would be equal to $1. Insane!!!
This is why I do have bitcoins too I am hoping to have good future with it by just holding it. And so far I am not disappointed on what is happening with bitcoin because my expectation is quite happening already and that is making me happy that I am able to have some funds on holding and would sell this on the right time.
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I had a interesting discussion with a bunch of students from a 1st world country over the weekend. They made some good arguments,
which needs to be addressed. Political views aside, what would motivate people to use Bitcoin in a country where there are loads of
other payment methods to chose from?
Some reasons I gave them was :
~ Danger of centralization and all the evils associated with that. ~ It's cheaper ~ It's faster {should be under normal circumstances} ~ It's FREE to use by everyone {no permission needed} ~ It's global
What other reasons will you add to this, to convince someone to dump their current payment methods?
one of reason I use bitcoin is because we don't have word "interest" in bitcoin world while banks have. besides, we don't pay tax when we save bitcoin in our wallets. we just pay fees when we want to send bitcoins. Well that is why my reason either because I am really interesting with this best crypto currency and upon seeing the road map of bitcoin this is the strongest one. And good thing for us who are earning bitcoin we don't have pay taxes and as well as the fees are very cheap whenever we are going to have transactions with it.
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It's probably less than 2 million. I don't think a very high percentage of the population know much about bitcoin yet and even fewer have any.
I think seeing bitcoin not so famous course bitcoin users would not be too much. because if bitcoin users more than 20 million users, of course bitcoin is already known by many people? but in fact the opposite, the user may range between 5 million I think below 5 million or we are still not in millons of user who are using bitcoins.. because bitcoin still not so well known currency online even my friends did not know about bitcoins. i share already about bitcoin but they don't what is bitcoins so i think we are still few users of bitcoin.. and growing for other bitcoins or old users maybe they are not using it again right now because they are already got their goal.. just like others members here or old members here.. I think we are already in millions but I don't think that we are already 5 million people and my estimation would be only 1-2 million people I think that is quite reasonable and even though we are not even 1% of the world's population just look at the price of bitcoin because of its demand the price is keep on increasing.
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Well, if bitcoin die, I think we should move on the highest altcoin, because if bitcoin dead, there must be a more severe coins that replaced its existence. but I think bitcoin will not die, because the whole world already use it, so it may be very detrimental if bitcoin removed suddenly or die
ETHEREUM will replace bitcoin!!!!!!! I sure about that according to from their market cap it's really easy for take over the bitcoin place if bitcoin are gonna be a die and the another important think are need to be remembered for us this is will irrelevant things in this time. You are wrong with it no alt coin will ever to replace bitcoin and bitcoin is not going to die either. Why people wants bitcoin to die? I don't have any reason and idea why people should think about this. Maybe you just wants another meta in the crypto currency industry but that is impossible to happen because bitcoin has been well established.
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Invest is always a good idea with the bitcoin bedcuase i know that lots of people are making money with the bitcoin and that is really nice because the bitcoin needs to make money!
You are right with it investing is really a good idea and that is going to help you to get into riches if you are just going to be able to have good investments. And I only know some of good investments and I would say that I will just going to stick with investing to trading because that is legit even though it is really risky.
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I think it is better not to use a dark market place. If you choose the wrong one, you will be scamed and lost money.
Yes I agree, dark marketplace only waste our bitcoin and time, in this forum too many white lists market from thread or members. We must believe dark market is not good way you're really wrong if you say that dark marketplace is actually wasting your bitcoin and time because people only going to dark marketplace if they in needs of illegal stuff and seeking for the possible of cheapest price,regardless to those who only curious about it Well dark marketplaces are serious market places just like the usual market places. But they are just becoming for they are selling illegal stuffs and services and they are involved for illegal activities. Even though the people there already know that they are doing illegal things they are staying there because they are earning great bitcoins there.
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if goods is same as product then i want to buy clothes, android phones samsung, new computer with complete accessories. and i want to buy with bitcoins, maybe for the store i will check on amazon.
I guess ill be skipping physical stuff like clothes, Android phones, PC, a bitcoin miner because it charges more on shipping fee, but if someone is selling in my local place with that stuff here, I would love to buy them. So if the local merchant is not available for that stuff, I would like to purchase digital items like e-books, domains, hostings, premiums and games. in my country, there are no store or someone that accept bitcoin as their payments, but if there are available, i will buy android phones, new computer, but for todays, i am only buying electricity voucher. Actually it is a big problem that many countries are not accept the bitcoin in open market, but we have an other way to use it, convert you bitcoin into dollar and use it anywhere and also you can buy android phones, you know i am paying my all bills from my bitcoins and i have no problem in it. LOL that's not using bitcoin directly or literally using bitcoin,the step above is exchanging your bitcoin which mean if you spent it anywhere then it's the same as you spending your dollars,not really using bitcoin at all Yeah so there is no problem if there are no stores or few stores are just accepting in your country for buying some goods. Because you can just sell that and be converted to dollars. And that is what I am doing because here in my country only few goods you can buy and sometimes I don't need that goods so whenever I need something I am just selling my bitcoins.
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Well there are a lot of items you can sell online at its best for their demand and besides you can also some services that you can greatly earn for offering it for a lot of people need freelancers for their projects. And for the items, that would be good if you are going to relate it with technology as we are in bitcoin industry and I saw a good business of selling physical coin (for souvenir).
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Do you really think europian people will work for something that earning 1 dollar per hour i dont think people from afrika wants to work for that and else the job needs to be the funnyest ever.
you are so far from reality ... people in Africa,Estern Europe,India and many other regions would kill for a job paying 1$ per hour 10$ a day is more than average wages in many countries,for example in Ukraine it is 180$ per month,in Bhutan it is 147$ (2015 data) the cost of living there is times less than in Europe or US,you can live on 100$ a month bills and food included Well even I earning $1 per hour is already good enough and that is the minimum wage here in my country. But of course for a married person that is not going to be sufficient but for those people who are only single then this is going to be a good amount already but you really need to have a very tight pocket and budgeting of it.
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I will always do. Bitcoin is the currency of the future in my opinion. I want to see the future with bitcoin.
Well because of the road map with bitcoin then I am going to keep on believing it as many people are saying that it has a great future that awaits. So I can say it is better if we are going to keep on believing bitcoin and let's just help with the adoption of bitcoin so that the price is going to keep on increasing as we support it.
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Well, I think bitcoin is also commonly used to perform transactions that smells porn. Well, I guess this is also the use of bitcoin is legal. besides, bitcoin also be used as a means of transaction for the purchase of objects or porn video is a limited edition, and I think it was also done by illegal means
Well of course bitcoin is going to be used whether it is for porn or not because people who are availing porn services so that they are not going to be traced and tracked. For example, a guy is married and he is availing some porn services then his wife is not going to know on what he is using with bitcoin if he avails that because of anonymity.
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