Not really, all i hd used bitcoin is in virtual life that is on internet. In real life no store accept bitcoin here so obviously there is no scope to use them but on internet i hd used to buy website domain in hostinger and also bought a game from a local website.
The only options i have for spending my coins are online shops or converting them to fiat as there isnt any places in my country or area where bitcoin is accepted so i don't really has much of a choice. |
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for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well. Well, investing and saving at the same time would be ideal but for that you will need to be generating a good chunk of money already, I know a lot of people that live paycheck to paycheck without saving a penny, to save and invest money would be, I think, too much on them It actually depends on your earnings as you said if what you can do, whether you earn enough to be invested somewhere so that you can earn some more money or you just earn something that can be saved so that it can be used for something else in coming time. |
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I dont think there are allot of people who like to use the bitcoin without the altcoin becuase what will the bitcoin be without altcoin it will be the same becuase they dont work together
People would probably like using bitcoin without any altcoins because altcoins are nothing without bitcoin but bitcoin along can stay strong, but the only thing that would bother the users is trading will not be available which is a big source of earning profits for bitcoin users. |
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You can save bitcoins as long as possible because it can not be touched physically so we wont loose it, but money are made from paper and it can be broken,someone can burn it or use another ways to break it.
I don't think that is a sensible answer to that question, you cannot say that someone can physically burn or break your money which bitcoin they cannot do with while you also can save your money in a bank where no one can touch it and even if someone does you wont be responsible and you will get your money at any cost. |
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I believe it is only a matter of time. I don't know exactly how much time . But what I see happening is really exciting. Bitcoin is the new money . It is just that the majority of people don't know it yet.
Yeah that's right, it really makes us (bitcoin users) excited when we see new projects and things going to be introduced soon that can bring positive changes in bitcoin so it would probably get more popular after that. |
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The one problem is - bitcoin is decentralized monetary system and it is not owned by anyone in particular.
If bitcoin was a company like PayPal we would see Bitcoin commercials and ads everywhere on internet, press, TV.
But who will pay for Bitcoin ads? Bitcoin Foundation? You or me? I don't think so.
Exactly, giving ads on social networks would not be a problem nor the problem of making the ads would occur but the main thing is the funds for advertising, if someone is willing to pay for that then it is good to go but i don't think anyone would like to spend their money for this. |
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The halving is bad for miners, obviously, because halving doubles up the difficulty to mine. The halving is said that it is good for everyone because it helps the value of Bitcoin increase over time. Even though we can't just see the effect of the latest halving just yet, halving surely will have a major effect in bitcoin price years from now when the difficulty to mine is too high.
Yeah, as much the people were predicting before halving that the price would go really high or it will skyrocket just after the halving is done but we did not see anything like that after recent halving, and now the peeps are predicting more about the halving going to occur in 2020. |
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As along as there is a buyer it won't die, I guess what some people term die is the significant drop/crash in the market price against fiat currencies.
Exactly, and bitcoin buyers would always be there as long as it is being used by someone in any corner of the world and until the user database is increasing it wont let bitcoin die, because things mostly die when they are not used, something in use never dies specially something like bitcoin. |
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safe your bitcoin in your wallet is the best steady income on online, but for offline, you can get start to work to get payments and do your work with best work and in the end of month, you will get some bonus because of your work.
with the rate of bitcoin that always fluctuative, i think it will be safe and steady income that we can get while we can make trading if we want to make some bitcoin.
I don't think saving the coins in the wallet and just waiting can be a steady way of earning a income as sometimes the price grows and sometimes it drops and it never grows or drops to the same extent. |
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At present time I think would save and hold it, to cash out part of it when the price will cross the four digits, and I think this may happen in the next year.
That would be great if the price touches the four digits but i think it would be better if you have more when the price reaches there and for that it would be great to do some altcoin trading taking out a capital from that amount like 5 bitcoins or so that can generate some good profits to you over time. |
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You should not invest!
In bitcoinland "investing" is pretty much the same as losing your coins.
just keep the bitcoin. After a few years, you will find it is the right decision. yes as the price of bitcoin is continuously increasing and still there is so much potential in the price of bitcoin therefore the best option is to hold bitcoin for the price increase for some years it will really give you a very very good profit in the end. But until the price is going to rise, you can for example create your own online casino and try to make it popular. You might win MUCH more than you would through simply waiting for a price increase. 12 bitcoins are not enough for creating your own casino website as that would need a way higher investment at first because your bankroll must be big enough for players if someone of them manage to win a big amount, if your casino becomes bankrupt then your money is just wasted. |
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For me bitcoin is real money, i just need to sell it then withdraw the money to my bank account but every person have their own point view but whatever about it bitcoin has give you much benefit from every side in your life.
Bitcoin probably is real money the question is if what are the differences between bitcoin and other fiat currencies? And i think the biggest different is that in bitcoin you are your own bank and you control what you have but about other currencies they are under control of governments. |
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I dont believe in altcoins anymore because there are allot of people who lost al lot of coins becuuse there are allot of hackers around crypto so i would say stop using altcoins trust gold and get away with the online coins, because the dream of doubling is not going to happen.
You would probably lose your coins if you invest without any reading or researching and on coins which are made just today and got no potential to grow at all, but you should trade the coins that has a good reputation already in the markets. |
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Fastest way is gambling. I don't know anything faster.
If gambling can earn you fast profits then it can also take the money away from you in no time, so that is really not a way to earn such a huge amount, trading altcoins would be much better than gambling as the risk is lower then gambling in trading and profits are also better because trading depends on skills and experience while gambling depends on luck only. |
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I think Bitcoin has a positive impact on the economy as well. People will start relying less on their banks and credit cards, more privacy over transactions and ease to transact with using their personal mobile phones. Also, it'd enable poorer countries to receive and send monetary remittances at a much cheaper rate and almost instantly without having to to wait in long queues to collect the fund.
Well i think that wont be the case in future if bitcoin reaches mainstream because after that they might open bitcoin banks or start credit cards like fiat ones and then all things may become the same as fiat about bitcoin (i hope that does not happen though). |
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Be cautious, because some people are selfish and greedy , once they get want they want. They will no longer bother to care, because they think taking advantage with someone will benefit them without thinking that they may hurt others.
A scammer never thinks about others if what they would feel or what they might face if he takes the money and run away but he would just do what he wants and will take the money he needs and go away without saying anything further. |
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The future is near where human kind are using bitcoin as currency and its getting popular in some country thats good news so that people buy bitcoin and bitcoin will be using for investing trading or any activities that could help us to earn money online and looking forward bitcoin will be the best
I really could not understand any of your points though, i still can feel that you are trying to say that bitcoin would get more popular in 2017 simply, and reasons for that would be the projects pending to be released soon representing bitcoin that would probably increase its users database. |
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Bitcoin is a best choice if you want make some trades to earn more and more money.
But, if you want hold for long term, Just chose, both will be a good way to get some profit in hold to long term
For trading or holding bitcoin is the best choice unless you trust gold more than bitcoin for holding in long term, because there are people who think bitcoin might disappear in long run and they will lose money so they should choose gold for holding. |
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bitcoin is not mother thresa to help poor countries, bitcoin is just another currency like any other with some extra features.
it is up to the people of those countries to start thinking for themselves and earn money, but yes if they can start earning bitcoin online that would be a great help for them financially.
Bitcoin is probably a currency like others but earning it online is way easier than other currencies i guess so if the people in poor countries come to know about this so they can get good financial help as you mentioned, i have seen a person who said his monthly salary is $80 and he runs his family with that money so you can imagine what bitcoin can do for people like him. |
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Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.
No matter if the price drops $20 or $30 in one hour but if you have patience and belief on bitcoin then you wont panic because you know it would recover that again in no time. |
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