The chance that it will happen is really small and that is that many people are still dont even know how Bitcoin works so that is the problem.
If it will make it disappear than Bitcoin have to be really popular so there will be also more people that have to promote it so more people can get to know about it.
Banks will not dissapear anyway and everybody know it. Bitcoin can't compete banks, it's just need to evolve to start. When bitcoin will grow we will see what happen. I believe banks could offer a bitcoin payment service or savings but i doubt they will support it as the countries in general are against bitcoin because it being decentralized and not regulated. We cannot say now itself that bitcoin will not disappear banks. But already many merchants are avoiding bank system for their routine payment by adopting bitcoins payments. So every common people will decide their own convenient risk-free payment system in future. So, I too doubt about the survival of banks. Well said. Banks will face difficult days in future when bitcoin influence how people are transacting for their daily financial needs. No one will stick with their troubling system for long time. So, all the people from all the countries will switch over to the freedom, definitely that would be bitcoin system only. |
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HI every one i loss everything in this gambling. Now i am empty hand and now i am realize there is no life in Gambling. Like this any body thinking please share here.
Yeah the thing is you should not rely on gambling to fix your life for you or to become successful. You should only gamble for fun because otherwise it will go the wrong way. Yeah, I agree and I will say that there is no life in gambling and only lose of life is there, I have saw a lot of people who have lost all of their wealth in gambling and now they have nothing for living a better life. |
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Should we be worried? Should we trade our BTC now for other coin like ETH?
No we do not have to be worried about that , it is only a thread in order to destroy the image of bitcoin and to make people to invest in some other crypto currency which they want to increase in value. |
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*Signatuure campaign
*offering new servies
*lending
*give aways
*compititions
Lending could be a most effective way of earning bitcoins but it has many risks. We can not be assured for big profits all the time as one run away borrower will sweep out all our profits. But with proper collateral we can stay safe with lending. |
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AFAIK there's nothing that have said BTCitcoin usage should be in constant circulation in order for it to work therefor storing it it won't harm or go against it. It's like forcing someone to spend their money just so it goes in the market but there's no such thing and people just like using their ordinary wallet, have a tendency to keep some of their earned money for some times, while also spend some of it.
If you mean, it's needed to go in circulation all the time, just for the sake of adoption then still a "NO" since, as long as some believe in it, there isn't a necessity for it to be used all the time.
Yeah, but let's suppose that everyone holds their bitcoins and they all believe in it. They would be hasty in trying to sell the bitcoins, because of their faith in bitcoin, and thus there would be no circulation. The lack of circulation kind of defeats the purpose because you have all this supply but no one to use it, and hence no demand. What's good is a healthy mix of circulation and holders [the selfish ones who profit from the investment]. You are also right, for the success of bitcoin we need that along with holding it we also have to circulate it in the market, like whenever we need to buy anything we have to visist only those stores who accept bitcoin as payment and so we have to buy with bitcoin. Yeah, holding is not agaiant the law of bitcoin but if everyone started to hold bitcoin and bitcoin disappeared from the market then bitcoin will lose its value and in that case people will lose their money. |
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I see today daily change is - 9.5$,and daily range 438-453$ so it go up and down which is good for daily traders.But I think we're pretty far from 300$ and pretty safe above 400$.Maybe some very bad news can push price down,but halving is approaching and it should have a positive impact on the increase in price.
if wee fall to 300 this year then theres a lot of liars here that claiming bitcoin will go up to 700$. but all of it are all just a speculation or a guess which is not proven. everything goes upon speculation in bitcoin. i dont feel that we will go back again to $300, as halving is near we can expect a good price rise which inturn creates positive thoughts about bitcoin among the people. We are not going to that low as you can see now you see that the value is not even rising now and that is quite not that bad because it is also not reducing. So we have to be happy with that that it is not reducing and many people are also hoping that the value will be more worth and that would be nice. Yes, the happiness is that the price is now not reducing when it has to increase it start to increase with fastest speed and when it do not increase it even do not go back and stop on its place and after a few days start increasing again. |
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DO you think that Bitcoin will cross $550 in the end of May. because now bitcoin's price is going very fast so may be in the end of May bitcoin will be reached at $550 ?
i think that bitcoin don't have lots of chances to go above 550$ at end of May, yes, we had a huge price rise week ago, but i don't think that it will happen again this month but i still think that it have good chances to go to 500$ at end of May, price now is 460$ so that is really close, we just need small price pump and that's all, awesome to see price like this before halving Yeah your right also or me its impossible for now that the price will go 550 i believe on 500 because its nearly.. for today price.. i am expecting for slow movement of the price.. and we will see the fast movement of the price in the middle of june.. $500 is not that much away from now that it will require all the month to reach there, $500will be reached within the next week or two and so at the end of May the price wil be reached to $550. |
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trading altcoin is highest risk, bt the profit also can be highest profit, some altcoin rise upto 9999% but the price also can be -9999% . i sell my altcoin too, but i have plan to buyback if the price of altcoin fail.
It is better to just mine and sell the altcoin and convert into bitcoin. Bitcon is much more sophisticated than most altcoins. Yes we have to keep the source of altcoins as mining as with that we do not have to invest our bitcoin or other currency and have to invest any of our other currency only in bitcoin as the halving will beneft only bitcoin all other coins will drop down. not everybody mines you know, mining is something that certain groups of people are doing they are either enthusiastic crypto supporters that run their equipment as a hobby or the rest are having cheap electricity that lets them do such an investment. If someone believes onother coins that they will gain a huge value then they should not have to care about their time and electricity and have to start mining and those who do not have believe that it will increase in value then they do not need to start. |
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http://www.nasdaq.com/article/is-bitcoin-the-new-swiss-bank-account-and-is-that-a-problem-cm597377Last week, President Barack Obama said he believes a balance must be sought between privacy and security. As one example of the risks of strong encryption, and seemingly referring to cryptocurrencies, Obama pointed out that if government can't access phones, "everybody is walking around with a Swiss bank account in their pocket."
...Several Bitcoin wallet apps currently offer "zero knowledge security" which ensures user data by generating private keys completely client side.
But what happens if Pandora's Box is opened? What if encryption is weakened or even broken by state agencies?
Zeid Ra'ad al-Hussein, the United Nations high commissioner for human rights, sees trying to break the encryption protecting one phone as having "extremely damaging implications" for the rights of many millions of people worldwide, with possible effects on their physical and financial security.
Obama, meanwhile, seemed to suggest that this kind of financial security should in fact not be absolute. He believes a balance must be struck, suggesting encryption should be weakened to allow government agencies access to encrypted phones in certain cases. I also agree with that phenomena that bitcoin is a swiss bank accounts in our pockets, as it happens only in the Swiss banks accounts and in bitcoin that the data about from where the money has gained is not required . |
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of course bitcoin forum is the most used and increasing in members forum in most countries or i say i the world. no one can compete this forum in rating because it has good members and most important easy to learn and good rates but still need to increase in rates.
Yes, I also have noticed that this forum is the most active forum relative to other earning online forums, and it is the proof that bitcoin is more famous currency than any other currency online and will get more development in the future. |
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there are not many places for kids to earn bitcoins because it's to
difficult for kids to know what the value of it means and other small things how to store them. Kids
doesn't know much about it that has to change.
Yes, it will be harder for the kids to learn about bitcoin as there it require a good knowledge of online money management and online transactions, but still if our kids are free for doing that they wil learn it sooner. |
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Yeah it is around this amount for a while now. I hope that it can go down a bit so that I and other people can buy some Bitcoins. If the price goes up not many poeple will be able to buy Bitcoins.
Yeah, $350 is the new bottom right now..Buy time at above $350 is over,.. The price is just circling around $400...So everyone should take advantage of the price now as we are expecting a more upward movement of the price...We should buy now if we can as we are only 2 months to halving... The price is mainly above the $400 level. So the $400 number could be the bottom price in the near future. we will only figure out whether the $400 price level is the bottom or not once there is a dump pushing the price very close to the $400 level. then we can say that the bottom for now is $400. otherwise the previous low of below $400 is still the real bottom. Yes we cant be down in value now, you already can see that the value is now good stable so it wont be reduce or rise in a long time and that is also bad for people who are waiting. There are a lot of people that is waiting for a good price increase so they can sell it later with a huge profit, but that will only happen after some 2 years I think. Maybe this time it does not take two years to come back, but I think this time there are more people at there to stay with bitcoin and this time the price will be remain at height for a long period. |
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This wasn't the year of bitcoins for me because I set high goals, I have set goals where I see bitcoins price going over 1200$ again and the day it reached will be the year of Bitcoins for me.
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Bitcoins are mostly used by everyone now a days and the only people who do not use or do not want to use it are worried about the technical details, do not we all know how difficult it is to understand BTC completely ?
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I never made any mistake with bitcoins but yes some mis-understandings earlier led to little loss, one was I bought some BTC and the transaction confirmed after 1 week because he sent with low fee.
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Scammers of bankrolled sites who ran off: Dice.Ninja, Diggit.io, IceDice, Win88, CoinWin
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Legitimate bankrolled sites that have good history: Moneypot.com, BitDice.me, BetKing.io (formerly PRC), Dicenow.com, SatoshiDice.com, Just-dice.com (clams only though)
Personally I have a bit invested into all of these (some more than others) and think they're all a good safe option to consider (you can never know for certain though).
As you have mentioned I too think investing has because a dangerous operation now a days , you should know every bit of the site you invest it else you might regret later. |
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I would never gamble again if I win even 100k$ because see I gamble to fulfill my basic needs and to support my family. So if you win a lot of money then you do not need to gamble actually.
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Oh yes absolutely.
I'm investing on bitcoin every month by spending 10% of monthly salary to buy it since I TRUST bitcoin as my future investation.
Bitcoin value quite stable recently, so you guys won't be regret for investing into bitcoin since bitcoin is unique that will be use globally on the future
im never buying from my salary in real work, im just earning bitcoin and hold it some bits for future.i know bitcoin work perfect and i beleive bitcoin can survive. If you really do believe then you would do that too. I too have the same idea with him. Spare money from my salary goes to bitcoin. Saving while investing is the idea of it making my savings grow in the days that are coming. If you do not dare to use your salary to buy and invest in bitcoin, then it’s mean that currently you do not have enough believe on bitcoin and need some more time to start to believe on it. |
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nope I think users of faucet still more than users of signature campaign. think how many users who do not know about this forum?
there are so many bitcoin users who don't know about this forum dude. and they still get bitcoin from the faucet.
Yes but this is their fault. But as soon as they realize they will join here.. For me faucet is just waste of my precious time. If you like faucet you can go to Primedice and use theirs faucet and you can enjoy gambling. This is only faucet i have ever used . it is because the manipulation that those faucet sites use. when a newbie searches term like "earn bitcoin", "free bitcoin", or even "bitcoin" they will find results about these faucets and so they all use it as a beginning but sooner or later they all will realize. Yes, it is the google which redirects these newbies to the faucets and also some PTC sites where these faucets are advertised, and once they start there they find no any time to search for other sources. |
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Or they are just upset because they are not making any money or they just do not have the patient that it takes to become successful with bitcoin. If you do not like waiting Bitcoin is not for you.
I also think the same, these are those people who become disappoint with it, they need to learn more about bitcoin, so they will wait and will be patient for the profit of bitcoin. |
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