Most people are not familiar with bitcoins.Very few merchants accept bitcoin payments.Also,the high transaction fee or alternatively the slow transactions would make difficult to buy products with bitcoins.But with cash,we need not have to face such problems.Its accepted every where.No waiting for confirmations.
For now it seems the problem is only from adoption problems, many people out there still do not know about bitcoin. And also the current problem bitcoin still can not be implemented. Because the era of technology still has not happened. So cash is still prioritized |
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The goodness of investing and trading happens based on the user involved in it. With trading one needs more time to be spent, only then profit making is possible. With investment a minimal profit is assured based on the investment capital. But finding legitimate investment site is not that easy.
If you think that finding a place to invest is a difficult thing you can simply use trading as an income option. Do not be too pushy to invest if you do not find a safe place to invest. Because if you insist it might be risky |
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I think Bitcoin has the potential to overwhelm paypal but there are two things I'm not sure about Bitcoin that are unstable prices and too long transaction time.
Too long transaction times are already a non-issue when accepting zero-confirmation payments. Zero confirmation payment is impossible to implement. Because when you use blockchain you can just use double spend. So the confirmation is unlikely to come then the amount of bitcoin back to the sender wallet. Using zero payment system is at risk to apply |
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It is really impossible that the government will shutdown the internet. The government can't shutdown it because they are not holding the internet and also they don't have a reason to shutdown it.
I think the government can do anything. They have any authority within a country. They can close the internet access of a country. Such as a country with a closed system. The government is very likely to turn off the internet But in the current era it seems impossible |
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This is what i'm doing right now i am currently saving bitcoin and also other coins like litecoins because i believe that if bitcoin will die then litecoin will be the next bitcoin because of almost the same features of litecoin in bitcoin. Bitcoin and litecoin is like gold and silver so having them in my investment for long term is a good view to see for me.
Not a problem to do a backup plan, it is possible bitcoin lost prestige someday with other crypto currency. So it's great if you keep another coin. But I do not think litecoin is so potential. If I choose I prefer to keep the etherum just in case |
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If i have a lot of bitcoin i will spend the half of it and save the other half, spending bitcoin today will be ok but saving bitcoin will be better in the future. i will just take my capital and some profit with bitcoin and after that i will trade it harder to multiply my btc and for me to secure my future thru bitcoin.
It might be better if your spending allocation is shared for investment as well. Of course it will generate a good income for you. A combination of saving, investment, work. It will produce good results. Even wealth for you |
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Not many people are familiar with bitcoin when the price is low
Now people race to find it
When bitcoin prices are high,
That's normal in life.
Yeah people are interested in bitcoin also because of the high price. As well as me, when the year 2010 bitcoin prices have not been too high. So I ignore it. But after the bitcoin price skyrocketed. Then i started to find out about bitcoin. Actually a high price is very beneficial for bitcoin |
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Username : mornabo
I love dice games because this game no requires special skills and is very easy to play without complicated rules.
Simple display and loading in dicemax feels very light. And I like the jackpot feature on your site.
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Countries that are corrupt does not benefit this, because they could not get any tax from the users. It benefit most the people for it allows them to earn money outside the system through selling their knowledge and time to the internet which allows them to get paid.
True, I think if a country has a high level of corruption. Perhaps bitcoin adoption would have a negative impact on the country's economy. Because of course corruptors will feel facilitated to do money laundering, corruption, etc where bitcoin is very safe to do so |
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Most of all why not to trust bank?? Banks are protected by our government in your case it really matter to submit a report about what really happened. Why not go there and ask the manager bank is the safest one to put our money with or without the earn percentage of every deposit we've got
I think it's a stupid thing to tell someone not to trust the bank. While they provide many facilities and provide assurance and responsibility that our money will be safe and the bank is also protected by the government. I myself believe in the bank |
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why not both of them ? i think with saving 20-30% your profit/money to gold always be a good choice, they already have their own market that can'be ruined by any other thing, even bitcoin i think. Old people and traditional people that can't use technology still hard to believe bitcoin is really exist, but who knows ? we are the next generation of old people, we can teach the next generation  I think a good idea by investing in both? Why not? If you have a lot of money you can share your money or the profits you get by investing in both. After all if the price of both goes up of course it can give double benefit to you rirght ? |
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I dont think leaving job because working with bitcoin is not stable. What if suddenly the business starts to fall?  Yeah earning in bitcoin is not fixed and maybe you can lose. Then do not take a big risk by getting out and leaving your job in real life and choosing full work in bitcoin. Just make a good time together so you can work in both |
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If you are retiring in 15 years or more its well possible that 1 bitcoin can be enough to retire on even in a first world country. I wouldn't put all my eggs in one basket though and rely solely on that, I would still look at other options just incase.
I know that prices will be high in the future. But 1 btc for your retirement, I think it will be very less .. because of you after you retired. There probably will not be any big earnings coming in. So you have to prepare a lot of money for your old age |
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Holding Bitcoin is the best Idea. Really, If anybody holds some Bitcoin for few month He will make a huge profit on it.
Hey you need to hold your bitcoin for a long time at least a few years. Because you can not double your bitcoin if you just hold it for a few months. Bitcoin prices will not rise 2-fold in just a few months. You have to be patient if you want to use this way |
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Most of all why not to trust bank?? Banks are protected by our government in your case it really matter to submit a report about what really happened. Why not go there and ask the manager bank is the safest one to put our money with or without the earn percentage of every deposit we've got
True, I think all things in the backup by the government will be quite safe. Besides banks are not just a place to save money for the community. But now it has become a regulator of a country's welfare. I think there is no reason not to believe in the bank? |
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It actually depends on what area you are most knowledgeable enough. If you think you know well about trading, then you might consider trading like 70% and 30% on investing or vice versa. Thats right dude, many people say that work according to the skills and knowledge you have. Then the profits will follow you .. it is true if you are skilled in a field of trading example. Of course you understand the situation and the risk will be smaller. |
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Im planning for converting this bitcoins to fiat when it reach a serious hell of a price and untill it didnt happen i will just keep it and save and save bitcoins that i received monthly from signature campaigns
That's a good strategy, I think it would be good if you hold the bitcoin and wait until the price is really high. So you can get a big profit. While you hold and wait for a high price. You can keep growing bitcoin by looking for bitcoin in many methods. |
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why not both of them ? i think with saving 20-30% your profit/money to gold always be a good choice, they already have their own market that can'be ruined by any other thing, even bitcoin i think. Old people and traditional people that can't use technology still hard to believe bitcoin is really exist, but who knows ? we are the next generation of old people, we can teach the next generation Thats true, i think people with less technological knowledge would certainly choose to invest in gold. With it then gold will continue to have investors. Besides gold I think will have a bright future too. See gold hard to find, and has a limit on the number |
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Distributing 10 to 20 pieces of different wallets is the smartest behavior. But to me it is impossible to have 100 bitcoins! It is that absurd and meaningless to discuss it.  The fact is that currently there are very few users who have bitcoin amounts greater than 100 btc. So I think these tips will not give much benefit to many users lol. But it's a good idea to share it with lots of wallets. Of course it will be safer |
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I dont think leaving job because working with bitcoin is not stable. What if suddenly the business starts to fall? Nobody tells you to go and get out of your main job and choose bitcoin as the main job. I also will not do that because it would be very risky. It would be better if you use bitcoin as your side job. It's better and not at high risk |
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