Anything under 10k is the best investment anyone will ever make. Hell anything under 20k. There is a lot of FIAT debt that has to go somewhere so it's going to be valued very high. In the millions
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Bitcoin will survive after 100 years and Bitcoin will survive after 1000. Even 10,000. Even 100,000! You get my point. It is perfect money and because it's open source, decentralized, and voluntary it will continue to survive.
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It is without a doubt better to invest in Bitcoin as Bitcoin has long term potential whereas Ethereum is being used for short term purposes that are almost all speculative.
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My plans with Bitcoin is to hold as much as possible for as long as possible. That is the best use case for it right now as it is still in the store of value stage. Once it gets to the medium of exchange stage then I'll use them purposefully.
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I definitely would give Bitcoin as a wedding gift. As a matter of fact I'm going to a wedding this winter and that's what I'll be giving the bride and groom as I know it'll be worth something when they have kids.
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It is never too late to buy Bitcoin! If you can buy it under 10k you are in good shape to have that 1 BTC being worth way over a million in your lifetime. The hard thing will be holding it as life makes it harder to.
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Bitcoin is already on the verge of replacing gold. It is just a matter of time before these gold bugs figure it out. Thing is there are a lot of them and they're not going to go down easy.
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It is easy you just have to make it very simple and have them understand what money is. Remember it is just a ledger and a way to keep track of debt. Bitcoin is the first universal immutable public ledger.
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Bitcoin unlimited is a terrible idea. That defeats the purpose of Bitcoin being sound money. It needs to be a store of value first, and scale globally, before it can be a medium of exchange.
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Coinbase is the worst service for buying and selling bitcoins. They take your information, offer no education, and make it hard for you to withdraw your coins.
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All you have to do is join Github and start making code commits there. If you are good enough, you can get on the Bitcoin Core mailinglist and help out there. Thing is, you have to be fucking magical at coding.
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Watching the appreciation of Bitcoin is a magnificent thing. I've been watching the price since 2011 and watching it grow in value, because of it's scarcity and the blockchain's immutability, has been a fun ride.
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If you still don't know what to do with your Bitcoins then just hold them! That's what you should be doing right now as it's still in the store of value stage. Just keep holding and then in 5-10 years you can start spending a little.
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Bitcoin and bank are oxymorons lol. One of the things Bitcoin does is dis-intermediate third parties that aren't necessary and since the Bitcoin network has it's own triple entry bookkeeping system people don't need banks, just their phones.
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Absolutely Bitcoin can be used for ordinary citizens. Bitcoin is meant for normal people to have a fair economy to start a family in. The BTC network is voluntary which means anyone can join and make it better.
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I know of GreenAddress and Samourai wallet that allows you to adjust your fees accordingly. I've seen txns sent for pennies and getting confirmed within 10 minutes still. You shoud still pay some, this is for the miners that secure the network.
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Short trading for Bitcoin is not necessary in any way, one should buy and hold bitcoins and be in it for the long haul as it'll take 5-10 years before it really starts to take off.
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OF course governments could stop Bitcoin, because they have the power to censor the internet.
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It is so amazing that anyone can log into their online banking on their phone now, oh how times have changed, we always had to go to the bank before smartphones and PCs cam in 2000's.
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Bitcoin, sadly cannot fully end world poverty. Maybe cryptocurrency in general, but Bitcoin could not do this alone.
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