Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
I think this is difficult to do because mostly or all of bitcoin transactions were using the internet to accept, pays, sells, or buy something using the said currency. If there's a system(I don't know if there are yet or I'm just not familiar) that will make your bitcoin accessible offline like those papers then this would be possible to happen. Bitcoin will not really work without internet, i mean bitcoin has not yet and will never i think be used offline. Because we all know that bitcoin has really been a working digital currency that can be used in transactions at different countries that is why wee need to have access to the internet to be able to reach other countries and make transactions easier. |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin would end up only, if all users will be gone away or disappear in this industry, and that will happen only if the features of bitcoin will no longer be implement and not function properly which might cause of the community be get disappointed unto it. which will lead the value goes down into zero. For me i guess i must say that a currency will never die unless all of it's users are gone and will not be using bitcoin anymore, that maybe is the only way why bitcoin may end of not live anymore. But also users will end up not using bitcoin if ever it would loose all of it's features that the users has liked even in the first place. |
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I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above $8,000. I have also see that this may happen before end of this year.
all people have own opinion what happens for the future they are only a prediction no one can say the true about what is the value of bitcoin before the end of this year but then if you always seen the bitcoin price still keep the price value increasing this very surprising to all. If you want to earn with just holding bitcoin that is why you should buy bitcoin now. If you buy now your bitcoin will have the chance to grow from the moment you buy it upto the future. We all know that yes bitcoin's price is not that stable most of the times. It drops very low and rises up. But it continues to rise it's value. Yes it still has risks so you need to be careful. |
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Bitcoin is everything for me. Yes it is an investment and a big source of income for me. I get paid in my web development services using bitcoin. I also earning money by trading bitcoin to other altcoins. I all pay my bills using bitcoin. I think the title says it all.
After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually .............
Well for me maybe a big portion is for yes it is an investment coin, although im not investing any amount, just a my time and effort to earn bitcoin, and a small portion is for no it is also a currency for me. Because I could use it to pay some of my expenses as a student and as a teen. I prefer both. So yes i will consider it as an investment and as for payments. |
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I choose bitcoin because the of the main reason that I can get the opportunity to invest, I have never been an investor in my entire life except when I found bitcoin, it gives us the ease to invest as it does not require us to comply with the regulatory requirement.
I cannot think of any idea why would I not choose bitcoin. I mean bitcoin is really a good thing for it's users. It gives them the opportunity to earn without investing, and also teaches users how to value time and effort to earn money. I consider it also earning with hardwork. And bitcoin can change the lives of it's users. Financially and emotionally i guess. For good. And the advantages really helps. |
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Its common question of most of people who want to get online currency. For purpose of getting bit coin we have work be more creative and innovative through our own work or creativeness.When we work as skill staff we can get so many online work after accomplishing this task perfectly we will get some virtual currency like bitcoin. After getting this currency there are so many way to dispense this currency or convert this currency from virtual currency to local or international currency.
For exchanging this cypto-currency to local or international currency we need different system like PayPal and others service providers.
If you want to get bitcoin try to use mining . mining is the easiest way to earn bitcoins but for me signature and social media campaign is my way to earn bitcoins and trading try to use this but its to risky if you use trading . There are many ways a user can do to get bitcoins. For me I join signature campaigns and get to earn by answering and following some forums. While others get to earn bitcoin by buying and making it grow, others try mining in different faucets, some do tradings, but it is somehow risky and must be learned well and must be practiced well. |
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the best time to buy is when the price decreases and is at the lower enough rates. but for me to buy bitcoin at any time is the best time, because whatever the time we still have a chance to be able to benefit. the important thing is that we can benefit, do not need much because the most important is the stability of profit.
Many say that the right time to buy bitcoin is when the price is low but for me i guess anytime now is the right time to buy bitcoin because even though the price is not that stable we all know that the rising of the price is continous and a bitcoin user will always benefit. Yes price drops very low but when it rises it rises all the way up. |
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BTCBTCBTCBTCBTCBTCBTC  I think what people fear is volatility of Bitcoin. We have seen its value fluctuate in the last couple of weeks in significant amounts. But keep in mind that Bitcoin has gone a long way from the moment it was introduced. So it is really just a matter of taking risks and believing in bitcoin. I can say that what mostly people fear about bitcoin is that the fact that it will get lost or maybe end or the service will die. Theses past few days, bitcoin has been inconsistent about it's price. It moves suddenly then stops. And because as of now many people are happy with bitcoin's service. It also helps a lot to get an earning for living. |
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Of course the fear of others who invest in bitcoin are losing its price, as well as in the real market investors their are always on track to keep their investments monitored.
The biggest fear of a bitcoin user is not different from each other. Ofcourse one of the most biggest fear is to lose the bitcoin itself. Also the goverment will try to block and will do everything to make transactions of bitcoin not work. Also the fear that wallets will be hack and lose again bitcoin. The main fear is to really lose bitcoin. |
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The technology behind the blockchain is revolutionary. The real question is why wouldn't governments want bitcoin to grow? Bitcoin can solve a lot of the world problems that regular currency is currently facing.
Bitcoin has proven to help a lot of people especially unemployed people nowadays. So it is a good thing if the goverment will allow the bitcoin community to grow and help bitcoin to help people in earning for their living. If the goverment is not helping the people, well bitcoin does so they should allow to make bitcoin do it's help. |
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I prefer to hold my bitcoin because I believe the bitcoin price will go up. I get the advantage by holding bitcoin. I believe by storing bitcoin i will get that many benefits. I do not have to do anything just waiting for a good time to sell bitcoin
Maybe i can say that my current best strategy now is just to hold and store my bitcoib. Because I had tested and believe that it can also make you earn profit by just holding it. But after I had earned profit I quickly convert it to our currency so that it will be still and will not change anymore its value. Also I am scared to risk it and invest or do such thing with it. |
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Keep bitcoin is the best investment that can be done at this time, very high bitcoin price makes me earn enough profit, I only sell bitcoin when it's needed
To keep the bitcoins that I have earned through joining signature campaigns is the best investment I had made. But really as a student I am very scared to risk and also I don't have that much capital or whatever needed to buy or to acquire bitcoin. So what I had invested is my time to earn bitcoin. I joined several signature campaigns and i get paid, the value depends kmon my rank. The higher the rank, the higher your payment will be. |
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Go join some signature campaigns or bounty. But your desired money will only be achievable if your rank is high. The higher your rank, the higher you will get paid in campaigns. If you have gained money from joining campaigns, go buy a high-end laptop for mining bitcoins.
You could try earning it through joining bounty signature campaigns. But your payment will depend on whatever your rank is. The higher your rank is the higher your stakes will bem the higher your staker the higher payment you will receive. And if you join multiple signature campaigns come to think of how much you will earn throughout the days that will pass. |
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No, digital money will never completely displace paper money. The banking system will not allow it to be destroyed, and paper money will always be kept for an emergency.
I don't think that cryptocurrency will ever replace paper money. Because paper money has been the currency like for a lifetime of a person and not all can join or can go along with the cyrpto world because it deals with technology and internet. Not everyone has access to it so not everyone can practice crypto world and not all can understand it that fast. It will take a lot of time. |
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I spend my money from bitcoin to fulfill my needs. Also i like to spend it specially on food and to fill my hobbies.
I as a student, i usually spend most of the money I get from bitcoin to buy my needs at school, to pay some bills for my school and to spend it on buying some foods and some personal needs. That is why sometimes I don't get money from my parents anymore. Atleast i can get to help my parents by shouldering my own expenses. |
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I think BTC will not end because it is the first currency,with the biggest amount of users in the world, and there is no concurrent for btc,i believe that can be coin which will cost more than btc but with will have another function
No one knows or no ome can truly say if bitcoin will end, or how will it end if possible. But based on the passing days, bitcoin's users continues to grow and expand it's community so that there is no sign that bitcoin will end. Also it helps a lot of people to earn so that they will still continue to use it and it will never have the chance to end. |
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Yeah, it already is an international currency. Now it is just a question of when and how fast it will become more widely spread or more mass adopted or more ubiquitous as well as being accepted as payment for more goods and services.
I already consider bitcoun as an international currency. Because it is a digital currency that is already being widely use by many countries for transactions to also different countries. Although some countries does not approve or doea not know bitcoin itself, some can still use it as payment for such transactions that are made online. |
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Saving in a diversified portfolio for your kids is an amazing thing to do, and one that could make them incredibly wealthy one day, due to the power of compounding and time. BTC is part of that portfolio for me.
Saving bitcoins for the future of your children is a smart thing to do because you are not only helping yourself but as well the future of your child. You will give him or her a secure and bright future along the way. Atleast you will have money in case of any emergency about your child or whatever. And to be saving also for the family is nice for brighter future ahead. |
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It gives us opportunity to invest freely. Unlike other investment that need to many papers or documents. Here, we can move according to what we want and what we like to invest. Some how bitcoin give us more than this. Lets enjoy the freedom
There are many advantages of bitcoin. I consider bitcoin as the world's most powerful coin that can and will help many users in their respective financial life. And another advantage of bitcoin is that users will receive profits and earning in exchange of online services that will help users in their daily needs. Without the need of investing any through signature campaigns. |
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If you're storing it in an online wallet, it could be stolen.
If you are storing and holding your bitcoin via online the worst thing that might happen to it is it might get lost. You will never know and can trust online. I mean there will be possibilities that online transactions are not trusthworthy enought because sometimes it gets worse when they handle such payments or your money. |
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