The answer is it cannot be. Because there would be no one who will verify the transactions. The block chain technology is only possible through the internet.
There is surely no way at least for now which is why fiats will always still be able to find a way. However, if we are looking at it in the form of cash when you have to make payment directly with paper currency, then that may not be replaced, but in the case of ATM or POS transactions, this can evolve. So many things can change with development and a time may come or which we are already seeing with wallet connected cards which can still make us use our cryptocurrencies without having to connect online all the time. I feel it is just a matter of time before we start seeing such. |
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The Bitcoin and Crypto industrie itself will make revolution in entire Financial system.
You have briefed the crunch of this answer. Basically bitcoin is an emerging currency that will be prevailed over the world in next couple of years. Future is all about bitcoin and then whose oven will have bitcoin in their pocket, people call them lucky. Because at that time bitcoin will be easily available but would be much expensive that a normal salaried person can’t afford to buy it. Everything in this life requires patience and bitcoin is not a get rich quick scheme even though it has made a lot of elites over the years. One thing I can say is that no matter what, once you understand what you are getting into and you know the huge value bitcoin is going to create in the future, any value right now is still very low compared to what it is going to be in the future and that is a good reason to buy. |
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I think legalizing Bitcoin is unique in every State or country of jurisdiction. Its process varies. But one thing is for sure, it is more complex than it was imagined. Why? It is because Bitcoin (or other cryptocurrencies alike) came to existence whereby it totally changes the fiat system. It does away with the norm as regards regular banks, government back ups, among others. In short, it is a class of its own. Moreover, it changes over time because day by day there are new developments that come with it making governments unable to come up or foresee substantial changes. To legalize it would be tantamount to carrying the burden of studying it and carefully foreseeing how it is going to be in the next days, weeks, months, or so.
I am sure this is where the bone of contention has always been as so many people will be looking for opportunity to invade tax. However, there is just no way can fiats be discarded and with the use of exchanges, the government can easily control the income tax issue without stress. However, if anyone decides to do a P2P transaction to purchase some things, remember, tax with still at some point come to effect. |
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Getting a job is not possible for everyone, not everyone has family or [friends] to help them and sometimes they will make the bad situations even worse them. If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.
It's weird how people won't toss out just a few dollars to help someone in need, yet they'll spend $10000 or more on their pet that has an average life span of under 5 years.
But then again, if you give the person in need money, they'll keep coming back for it. It's a real crap shoot
This is the life of some accustomed to live on handouts from others. Others live for themselves and do not want to share their money. This is a normal situation, when you can donate once, but not every day and not the same. People scam because all they want to earn money without any efforts and since the bitcoin price has gone high there are many people out there in web who are deceiving people in their traps and people are also coming in their traps and lose all their money I think cyber crime must take action about these people who hire people and when the work get done they simply fled away with money of others and this is unethical. |
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Interesting question. But i don't think the total fall of bitcoin will happen. It's price may fall by as much as 20% most probably but then it will totally recover it's value much much faster than it's downfall. Bitcoins demand is inevitable. We just never know what will happen in the future.
Lol, I don’t think so people are going to leave bitcoin ever because the way it is increasing in value, more and more people are taking interest in this currency. Bitcoin has yet to bloom at peak and even if we assume that bitcoin decreases in market value, there is no other coin capable enough of taking place of bitcoin. All altcoins are totally on the mercy of bitcoin for their market prices. So in short bitcoin has very secure future. Yes, The way bitcoin has increased in value this year, it is very much obvious that bitcoin will close this year by staying at 10,000 dollars or more. As far as the decrease in bitcoin value is concerned, I don’t think so that apart from usual dumps, bitcoin is going to exhibit any massive decrease in value because there is a large number of bitcoin investors at present and the market is increasing day by day. |
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I think will only happen to pay for online !
In the real world, bitcoin don't as major currency, Imagine how cool it would be if you could pay on each transaction with Bitcoins,
But I believe many people will soon start receiving too
Soon that will happen that whole world will switch to the bitcoin and this revolution has started in the first world countries, their citizens are making transactions online they are totally depending on bitcoin to pay each and every bill and soon whole world will be under the flag of bitcoin and for achieving such result everyone must play his role to tell people about this innovation and recommend them to use it for their sake. |
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Amazon has a few million merchants, ships billions of products and has about 100 million prime members.
Jd.com is the number two online retailer in China.
Tencent has nearly a billion users.They each have the funds and developer resources to swamp what Bitcoin has.Jeff Bezos personally has over $100 billion (over half the entire market value of Bitcoin) and has funded his own rocket company.
Yeah in future prices will be much higher than now and all this can only be done in one way that people start using bitcoin as currency and this will give more circulation to bitcoin and in result demand will increase and prices goes up automatically and amazon did very well they take a bold decision and they will get more benefits as pioneers and their decision will give bitcoin community to use the profit and coin what they owe, |
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i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.  what is your opinion? In trading, we need to keep in mind that the important thing is the increase and decrease of the value of what we are trading. Now, time plays a big role in that system. We don’t have to spend time, we just need to keep an eye on it, so we’ll know if the price is low where we buy and the price is high where we sell. Too much is bad ,that's why spending too much time in trading didn't good to us, all we need to do is just monitor the price, we don't need to focus on the price time to time, not only trading is our world, there are many things we should give time like to study about the things we do not yet know. Everything in this life requires discipline and control. In as much as making a lot of bucks from trading sounds good and one always do not want to miss trading chances, it is still very necessary to always find some moments off for relaxation. It is one thing to make all the money you want to make in life, it is another thing to live to enjoy what you have made. Asides that, stressing oneself too much will make someone to always make bad decisions and quality decisions are the most important part of trading. |
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But now the bitcoin has dropped and the bitcoin price is now $ 9800. Hopefully it will increase again because whenever are many sellers of bitcoin. And many expect that bitcoin prices will increase in december and higher than $ 11000 so investors are still buying today. And we are surprised that the price of bitcoin will increase we do not know when it will happen.
There is nothing bad in wanting more or chasing your greed as far as you are choosing the right path to fulfill that thirst or love of money, as far as that greed does not blinds you. This is the reason which pushes people in forward direction. Human have a lot of emotions. Greed is one of them. Having it is not a sin but doing wrong things for that will cause a lot of pain to the person. Bitcoin price will rise as many investors plan to make the most out of it. |
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Join Form: Signature campaign Bitcointalk username: perfect999 Account URL: https://bitcointalk.org/index.php?action=profile;u=558487;Rank: Full Member Starting post Count: 209 Date of Join: 2-12-2017 Bitcoin address: 14PS8GkYgpDf2L5SfaoHDEFTYfD5XGmAky Edit:Day 1: Post Count : 209 Day 2: Post Count : 211 Day 3:
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Indeed, already offered my bitcoin cash quickly as I psly could. However much those ciinese keep trying to pump motor bch, it doesn't matter in my experience. This is all only a large plan to allow them to maintain their valuable ASIC boost miners.bohs
Bitcoin will stay ahead from the new born innovation because bitcoin has created the room to become rich in no time whereas bitcoin cash is new and not more than 100 people know about it and it will take a lot of time to the acceptance of bitcoin cash and that will take a long time because people see their major interest into bitcoin so they will rely on bitcoin more and will not welcome any new cryptocurrency. |
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Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Your plan is good but I prefer to you to do not invest all of your savings! You know that this cryptocurrency world is full of risky investments. Make a study first before you invest your money. My own thinking is the same because I have seen a lot of the people who have invest the whole in the bitcoin and then they were in the need of the money and they sold the bitcoin in the case of the emergency so the same I do I don’t want to lose all of the money and I want to have the high profit in the bitcoin so I am investing in the bitcoin today but before this I divide my salary and then invest the 70% in the bitcoin. |
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It is crypto and i think the world crisis is not a big impact on the crypto world because the crypto world is online and the crisis is in real life so i think the impact would be more on cash than on the crypto world i think that is how it is supposed to be.
I have the very same opinion regarding crisis. Bitcoin or any other digital currency do not depends on world crisis or world welfare in any way for their development. If there will any sort of crisis, I am pretty sure that people will start using bitcoin and other digital currencies more. There is as such no link between the survival of digital currencies and world crisis as such, they don’t depend on each other in any way. |
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Someday, maybe, will be created new crypto with simply new mechanics.
For now there are only few alts, like eth, that can compete with bitcoin in future
You must be kidding about eth beating bitcoin somewhere in the future. This is possible but only in dreams. Bitcoin is not only the strongest digital currency but also the strongest currency among all world currencies and there is no other currency which has amazing features like bitcoin. Bitcoin has also successfully beaten famous investments such as gold and real estate. The future of bitcoin is very secure. |
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Thingking that way even you dont know bitcoin that much is not really understandable well people talk about this way because they tend to criticize evrything even they dont realy know much about something. Nothing could replace bitcoin because it has a headstart of a years to grow than new cryptocurrencies.
Bitcoin can’t replace regular currencies, because it is not a real currency and even lacks everything that is required of a real currency. It highly volatile, but real currencies are a near stable, and a little bit volatile (they maintain a stable price for a long time). Bitcoin is decentralized, but real currencies are Centralized. Bitcoin is not conventional, but real currencies are conventional. With all this, there is no way bitcoin can replace Fiat. Why not it can do anything because the bitcoin is helping a lot of the people because the demand of the bitcoin is now high and the present time is the time of the bitcoin not of the fiat. Now a lot of the people are using the bitcoin for the shopping and the bitcoin is now being happen to buy the money I am sure the profit of the bitcoin will be high if a lot of the people will give you the high income and the demand of the bitcoin will be high, |
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To be honest,i have intention to buy bitcoin now.Recently it has gone little down for cancelling the hard fork.So its a great oppprtunity to get bitcoin around 6500$ price range.
All those who know the real power of bitcoin are keen about collecting more and more bitcoin right now because the pieces are little low and there are maximum chances that bitcoin will increase by the end of this month or in the coming one. I am also looking forward about purchasing bitcoin little more for increasing the margin of profit that I can enjoy with bitcoin by the end of month. |
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Because there is no need in banks if bitcoin will work all around the world. That's too scary for banks and governments. They cannot control it.
yes i agree on that because as what we all have seened bitcoin is really better than banking.we really gain a huge return in bitcoin while on banking we only make the owner of the bank rich because they make our money as there capital and they give as a verry small return.i believe bitcoin really is good than banking.i believe in the capacity of the bitcoin to continue grow on the next generation because it really helps. Yes, they are also scared that the users of the bank will go to bitcoin instead going to the bank so they will also lose customers who are using bitcoins now instead the bank. I think that bitcoin will go really high and it will make some banks scared. Banks control the supply of the money, they are in that chain. They are not create money, they are taking interest for putting money in circulation. They are scared because they don't control bitcoin distribution, they don't control price movement with other banks like they do now and in past. They need to be nervous, and I hope that we are near their crash. Banks had power to change the world, instead to change it in a good way banks today are responsible for poverty, wars, and many other bad things in this world. Before we didn't have alternative, we had only banks and their system, what ever they do we follow. Now when bitcoins are around they are very nervous because they know that people will turn to crypto and forget banks, how much evil they did to this world they deserve to be forgotten. And they don't hold our money. Banks make much profit by taking our money, making good investments and paying us only few percentes of total investment profit. Until some time ago they were being very successful doing that as people didn't have another options to invest their money, but now with Bitcoins we don't need the "middleman" anymore to make investments for us. We can deal directly with borrowers and we have access to profitable investments that we couldn't have access when using fiat. Also, we have access to other activities, like trading with Crypto-Currencies that are very profitable. I think the big issue is lack of control over the transactions of bitcoins as all the banks are working under the instructions of the concern government and there are different types of taxes implemented on the money of people while in case of bitcoin there is no such system has being introduced for getting control as well as implementing taxes over the wealth of the people that’s why banks are nervous about bitcoin |
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Pretty smart to leave bitcoins for your children because that will make them rich and they don't have to worry about taxes or anything. But maybe it will be for nothing because bitcoin may always go down and maybe another coin will become important.
Bitcoin has a big future ahead and other cryptocurrencies i think has a long way to go if they want to overcome bitcoin. Yes, it is possible but i don't think it won't happen in the near future. Much better if we earn our bitcoin and save it for the future of our family. There are chances for such to happen but don’t worry that is not coming in this century at least. Bitcoin will be the coin of 21th century and it will remain till a long time ahead. Our children will definitely need this bitcoin as their inheritance because in future everywhere there would be bitcoin coming and going so they will enjoy the life in comfort and happiness ahead. |
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I think the best way to earn more is to day trade. But this also means ample of time, more bullets and ammunition in terms of technical analysis. You gotta need to be updated with the different news too since it can rekt your positions. More stressful also in day trading when the market isn't easy. So it is up to you which one you prefers. Give and take.
Both day trading as well as holding of your coins and that too for quite a long period of time are really good options. It all depends on the person himself like in which thing he is comfortable at. I think of holding as the best way as it can help you in having more amount of money and that too by putting in less amount of efforts. The thing is you actually need to opt that option which is best suitable to you. |
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For me i always search from google for my shopping online to search what i want to search or lazada online shop.
There are number of online shopping stores which are there in this world. This is really a good idea and it helps us in having any kind of clothes and that too of our very own choice without visiting the market. The online shopping stores which I use most of the time for shopping purposes are amazon, eBay etc. they are also providing this facility to their customers that you can even pay in the form of bitcoin. |
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