bitcoin valuates over time
cash always devaluates
any other reason needed?
You are pretty much right about the cash but bitcoin is notIt guaranteed to keep going up in price, we have seen massive dips in the past and I think we could another small one when btc reaches $1000 per coin again because some people who bought at the top during the last run may have received enough of a scare to sell up. And even cash devaluates still the value of bitcoin is depending also to the current money system. But when it comes to the service, bitcoin is really a good way to those people who want to transact anonymously and with cheap rates. besides devaluation, using cash will also reduce the interest of users, because the type of future money will be in digital form right ? after all, if you want to use the cash you can use fiat dude That's true that the future money will be digitized and the people will be on cashless society. It's all going to happen very soon and that is possible because of the technology. But as of now, there is no force adoption of bitcoin so still it's up to us if we are going to fully adopt bitcoin but better if we are going to use both. |
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That's one of the reason why there are countries who are against the usage of bitcoin. But about taxing, they can easily implement taxation to bitcoin but that's is just applicable to those establishments that are registered in their SEC as profitable establishment but for individuals no doubt that they are going to have hard time for finding those people.
Why bother to taxes individual person if they can implement taxes to the exchanges site itself which is currently implemented now in most of the countries. Since bitcoin users used exchanges then that will be the one who will be taxed since they are the company and they are registered one. That's why you can some different fees in local exchanger which is quiet far from the normal rates of other exchanges. Still good since no way we can cashout and use our bitcoin directly in most of the cases. Yes and we don't have no choice about it but to follow their regulations as it is implemented here in my country and I guess my country is not against with bitcoin for they are allowing those companies to establish their very own exchanges and that's a good thing here in my country, more exchanges are coming out and because of that competition fees are becoming cheap. Well it kinda is supported in all countries
If you have a computer you could access it from anywhere kind of
There are some countries that they aren't supporting bitcoins and ban it for real because of certain reasons. For seeing it as a threat to their financial system, thinking that it is just used for illegal things and many more negativity. |
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how can reputable company like paypal doing scam?
i do not think that Paypal is scamming because paypal is very popular and great service for online shopping and i think that there is people against of paypal and they want to spread wrong news about paypal. This is somehow true.Paypal never scam its users but sometimes users scam each other by taking advantage of their charge back feature The users are surely using paypal for scamming people. Because of their dispute and its transactions are reversible and that's the way they are making paypal as medium for their illegal acts. And for those victims they are blaming paypal for being scammed but they don't know that the true suspect are those people who are abusing paypal. I do not think that is true, the fact is that most disputes are pretty serious and not to scam people, I think PayPal itself is also fine honestly. There is no problem with paypal but those people who are taking advantage about that move of paypal are the ones who are doing it to the people who are not even new with paypal. That's why many people are complaining about it and just find some other payment processor and as well as the freezing of account which is just fine for paypal has the right to do that if an account does have a suspicious transaction. We all know that paypal does follow regulamentation of each country, and you get a payment outside your country and without a website or product for those, it will lead into frozen funds, no matter what you say. Even when others companies does accept the transactions, paypal wanna all clear and clean, soo they dont allow to exchange between processors, neither currencies since they have the currencie service and the other one they dont allow. Yes we know about that even there is no product for each transaction you will make there is no reason for paypal to freeze your account unless then can see some trouble or any transaction that is quiet unusual. Like having a transaction that has big amount and volume within a day, for sure that will make your account frozen. |
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Hold on to your bitcoin, it has enough steam to cross the all time highs and make new record highs. Consider projects such as ICONOMI, SINGULAR DTV, Vdice, etc and try to invest into them to get 10x times returns in 2017. Please take your time to study these projects.
Note: I have am invested into these projects.
I know those projects are good, iconomi, vdice but I don't have an idea bout that singular dtv you have mentioned. Maybe I'll give an eye for it and will also try to invest with that project. But still I will going to hold all my bitcoins and will just going to keep calm and patient. I know that the price will pump up to first quarter of 2017. |
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It is very risky to enter into bitcoin exchange market if you are new. I have seen the HYIP and FUD from members. There are tons of shit coins. No one can predict what will come next. A new one may get very quick and high profit as well as great loss. And as a new comer in crypto, it is hard to earn 1 coin even in 6 months. I mined few eth and etc. And made almost 0.8 BTC. But have lost almost all of my BTC in zec and xmr trading.
That's why you just need to look for those coins that has strong development and devs have plans for it or else you'll investment will be wasted for choosing those alt coins that will soon be dumped by the devs. And hyip is not even a way to make 1-2 BTC a month or 2 instead of making you money, that will lose all your money. |
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Maybe the bitcoins can be invested in various businesses? It would be nice if there's a way for people to pool their bits and invest it in a business and then receive dividends later, though I guess that would be hard to implement considering how anonymous bitcoin is.
Of course it can be invested into different businesses and it depends on how much you are going to make, there are a various types of investments you can join, like this People already make this with ico, funding several coins and then waiting those coins being traded,
And also you can invest into the bankroll casino's of gambling sites but these type of investments doesn't need banks to regulate and for the distribution of profit. |
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its almost ten days the price is not moving into higher price, always down and then up but its not more than $776. if this is stay like this until then its hard to get it more than $800 in the end of this year. but if suddenly china people make a pump, then the price will be reach the higher price.
Just wait a little longer the year is not yet ending there are almost 3 weeks before the end of the year. And if we see good indication before the year ends then for sure that the next year is going to be one another awesome year of bitcoin and we will see the price will land to four digit dollar value. If it keeps this price up in december, the month where everyone spends their money, it is indeed probably going to be a 4-digit currency really soon, looking forward to that. would be awesome Almost a half month before the year ends, I'm still a bit skeptical that the price will be able to reach that four digit level for this year and that is possible to happen for next year. But no matter what is going to happen before this year ends, I'm going to keep on holding my bitcoins. |
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Bitcoin can't possibly go that far, because Banks are handles by conglomerate they know what they are doing. And as of the moment they are not panicking about Bitcoin and they have a reason not too. Bitcoin is a limited kind of currency and other than that it is unstable making it hard for any other people to use it. Also Bitcoin is not allowed in certain countries meaning they won't affect locals that much.
It is perhaps worthy of an answer. I understand that bitcoin is not enough functions. But he has a right to exist. That's only to deceive users with it not worth it. I agree, bitcoin is not able to go far and make banks disappear as we know that banks are already strong enough and they are backed up by the government. It is going to be possible that bitcoin will be used by the banks but banks will still remain and will not be disappear. So, this kind of speculation is very impossible to happen. |
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I will sell my bitcoins i dont want die with my bitcoins in bitcoin wallet i really cant understand how bitcoins can be useful for me if i die so i will sell them for more when i see that it is time to do that.
Lol you're right you can't even get your bitcoin with you when you in heaven already use your bitcoin as long as you have it in your wallet try to use that in good ways like buying some good things, Things that can help you to live everyday or use that to find a descent job for your future too. Yeah, that's good to have a good day job with the earned bitcoins. Selling will be effective when you get a good profit to fulfil at least a single long time dream or plan. Other than that selling needs to be done for emergency needs. Why you need to have decent job by using your bitcoins if you can use it to have your own business. Because if you have a lot of bitcoins then you can start now your own business or you can still invest while working on real job. It depends on how you will manage your bitcoins wisely and that's what I will do in the future but as of now. I'm still waiting for more price increase so I'm not selling my bitcoins. |
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economic system in the world is need banks system
without bank system , i think economic in the world is not work
import,export, loan and another ecnomic system need bank system
i think all country in the world still very trust about banks
It's for sure that our economy is not going to be good as what it is today. Because banks are contributing very big to the economy of a country. And without them for sure a crisis will happen for a longer time. They are helping to boost the economy of a country, even though I hate the way they serve people because of their unusual fees but in reality they are helping which is we don't know. |
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The bitcoin has a good future and I think that it will be used a lot in the future what is good, I really think that the bitcoin can become a global currency.
I can also see the good future that awaits for bitcoin and I'm that way too but in reality, the gov't will make bitcoin as global currency but they will just simply consider it as a good secondary currency. And also I think that bitcoin will be taxed by the government if it is going to be accepted by the society and used as secondary currency. i think govment won't accept bitcoin , actually bitcoin is challenging the centralized isn't it ? We don't know what will happen in the future but yes bitcoin is challenging the centralized currency of the government. And if the government will not accept that challenge of bitcoin then it is going to be a hard way for the government because people are loving on how bitcoin moves in the economy or else they will just simply adopt it. |
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This is quite hard to predict about that the next century what the world will be at that time, everything is changing so quickly than the concept of digital economy would be on mainstream and I'm quite bitcoin will be main currency like at this time US$ is leading the fait world.
Ask ourselves first if we are still alive on that year. Very funny to think if what will happen to bitcoin by that year but the fact is that no one really knows until bitcoin will be alive. But the chance of no fiat on that year is possible because of modern technology and for sure in that year cashless society is already implemented but we don't if with bitcoin. |
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I just like gambling, it is my hobby and my way of spending free time. I give up hopes that I can win big money, I am not lucky enough.
All these people bragging about how gambling is their way to big money make me laugh - either you start with big money already so you can bet high or you stay poor.
Gambling is not a way to remove you from being a poor person but if you work hard for it then that will be a different thing. That is one of the reason why many people are coming back from gambling because of that way of thinking, they think that gambling will help them to be rich easily and get out of their poverty. |
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No i do not think that storing of bitcoin is against of bitcoin because there is maximum people are storing their bitcoin for the future because they surely know that bitcoin will be much more increasing its price and then they will be use bitcoin.
I know that it is not against the whole bitcoin economy. But holding is not helping the adoption of bitcoin but because we can see that we will have good profit as we are going to hold bitcoins, then many of us are doing this. And we are being more encouraged to hold a lot bitcoins because the price now is increasing rapidly. |
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Bitcoin increasing rate is so great right now and in the future it will be greater, the bitcoin price increasing is fast and i predicted there will be so many company that is going to adapt bitcoin in the future, so now is a good time to invest some of your money to bitcoin, because bitcoin will be more valuable in the future
This is many are saying and now it looks that all of us are already seeing that this is happening. And if you won't buy bitcoins today you will see the price of bitcoin on higher price and if that happens, you don't have choice but to buy bitcoins on higher price and you will miss the chance of getting some profit if you won't buy today. |
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Experts do not undertake to predict, but are doing tests on the basis of economic data and taking into account the global crisis trends. Why not a stable dollar. The crisis in the economy has not only in one country, but all over the world. This is due to the fall in oil prices, and many other factors.
And US is biggest contributor for the crisis, so if their dollar crashes most of us will be affected even we are in the bitcoin sector. Because majority of the countries are depending to the economy of US. That's also because their debt now with China is becoming larger, that's why they want to start war to whomever. Because it can make their economy boost again. |
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Gold is rare, BUT bitcoin is more rarer than gold.
How do you reach that conclusion? I don't consider Bitcoin as "rare". If you have a reliable supply of electricity and a good mining rig, then you can mine Bitcoins from your home as well. But for mining gold, you need to travel to far away places. There are going to be only 21 million bitcoin unless they change the code and most accept it, while gold is rare in the planet, the universe is immense so there are lots and lots of gold in asteroids and other planets, and while that may sound like science fiction some estimates say we could begin space mining in 2 centuries. I do not think they will change the code. If they increase the number of bitcoin by just 1, the price will crash. I was not suggesting for the code to be changed in fact despite all the incredible features of bitcoin one of the best things is the cap at 21 million, Satoshi without a doubt thought this through. but most likely bitcoin will become one of the investment and transaction tool that has the ability to invest more than gold. Well, the price of bitcoin is always increasing and likely to exceed the current gold price. bitcoin can also be used for long-term investment case of gold. so I think bitcoin will become something shiny than gold in the future you are absolutely right. With such growth rates Bitcoin very soon it will be more expensive than gold. And not just for a few dollars, and in some times. That is why more profitable to invest in Bitcoin Bitcoin will be the digital gold and this is going to be considered as better than gold by many people. Just look at the price of bitcoin it is now becoming higher and higher as the day goes by. And for sure as the 2017 is coming more beautiful things to come with bitcoin. Let's just don't expect that bad things will come and hopefully it will surpass golds market cap. For current when we compared with gold maybe yes, but there are still many countries that make gold as an investment. What is bitcoin is the best a coin? For now yes, but many cryptocurrency analysts who still doubt the bitcoin is best. The current security problems and speed became an important issued. Thus an observer cryptocurrency more recommend another coin i.e. Monero or Etherium could replace the bitcoin. I don't think that those alt coins will be able to replace bitcoins if you can see the market cap of crypto currencies it is clear that the highest and on the number 1 list is bitcoin. And it will be just for those other crypto's to replace bitcoin when they will able to surpass the current market cap of bitcoin or else everyone will return to gold. |
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As long as the state does not stop trying to make Bitcoin controlled and users are not forced to pay taxes, then as long Bitcoin is particularly outlawed in some countries. This is sad.
And the fact that bitcoin cannot be controlled by the state then illegal activities will remain and won't be forced to be gone. Because even in fiat money, it is being controlled and produced by the central banks. Still the government is having hard time to fight against those criminals who are using it for their illegal activities, it is by nature that criminals can do everything just for the sake of their illegal activities. Governments of the world control fiat, tell me have crimes involved fiat disappeared? No, then the government does not have the power to stop crimes committed with bitcoin, at best they can capture people after the fact, but they have no power to prevent it. In other words bitcoin and fiat are just the same that there is illegal activities happen control by government or not.. Well for me bitcoin is just a business if you have it.. you can buy and sell it the value of bitcoin is unpredictable so bitcoin has a value anytime they can use bitcoin as alternative so i think not only bitcoin are uses in darkweb they are also using other payment method like perfect money .. Perhaps in the future will seem new prospects for Bitcoin, especially if all transactions are legitimate. If Bitcoin is strongly related to drugs, weapons, and other criminal bids, this benefit will not go, but instead provide a lot of problems. What do you think about fiat money? Dollars? or your local currency? Aren't they related to those things that you have mentioned? Criminals are even wiser now and since bitcoin has value of dollars then it will be used for their activities and because of its transactions that doesn't require too much information, it will be abused by them. |
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Give a man a gun and he can rob a Bank. Give a man a Bank and he can rob the world.
Are you serious about this man? LOL. Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live
That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies. Paper money is worthless, and will be dead. i think it is too early for that, as a very little number of people are using bitcoin majority of the people do not know about bitcoin, they have even not yet hear the name of bitcoin and therefore they are using fiat currency, to me i think it will take decades when al the people of the world will start using bitcoin. Paper money can't be dead either because it is controlled by the government, it can be dead but today and for the next years it is going to be hard for a decentralized currency to make it replaced. It can be replaced by being upgraded from paper money to digital money but still that is a local currency that has been transformed to digital. every government wants their currency have good value in the international market, no country want their currency to become devalue, therefore they are giving strong support to it, and the second reason is that still people have no other best option available which can fulfill all their need therefore they are still giving preference to their fiat. There is a country that devalued their currency and if you have read and heard the news that India devalued some of their paper money. But there are some reasons why they did that and that's good enough for the bitcoin economy. Unless a country have some other plans and they need to discourage their people to devalued their own currency. |
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Bitcoin is have freedom to use to those have knowledge on it. And bitcoin can used anything you want you can gamble in bitcoin you can invest it si bitcoin always do you want to do. You have freedom to use it.
And there is other countries that are not allowing to use bitcoin and I feel sorry for those people who lives there, because their government is not regulated the usage of bitcoin so instead of letting their people use bitcoin. They just totally put ban on it, because they think that it can harm their banking system and probably it can be used for hacking. |
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