poeple are clearly using bitcoin for future pourpuses, the fact that they are trying thier hardest to just race ti get as much bitcoin as they can so they can save is the best proof, poepel were mezmerized by the huge succes and the largest peak that the bitcoin had in the last couple of months and they belive that it will happen again, and this makes an oppurtunity for them to make a huge profit, so they work and invest and save until some day they work pays off and that is the case with everyone.
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People are always dramatic when it comes to changes, in the case of the bitcoin we have witnessed some and nothing bad have happend, and i really think that August 1st will like any other day, the prices may jump a bit but that could happen at any momnet, that is the cryptocurency world.
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Dude you are lucky lol,I am using Xapo and paying 0.0018 btc in fees thats 4.5 usd... I started using bitcoins instead of paypal because of fees but now bitcoins fees are higher than Paypal that's insane amount of fees comparated to other payments ways..
I think Xapo are gone too far with thier fees, i personally had to pay 5$ fee for a 10 dollar transaction and that is only standard fee, and the transaction was not as fast as i thought it will be , so there is no point from paying fees on Xapo, i personally think that Xapo has made a huge mistake, and many people have started switching to other wallets, in fact i siwtched to blackchain they have better fees.
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Username: Shenzou Post count :351 Bitcoin address: 13KC6cdxDKvJauXj48fpiurWhkssDYgfxq
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I recently have noticed that many bussines and famous brands are intrested with bitcoin since it became more famous with its high price and they are starting to expirement with it and accept it as a temporery payment method to see how things go, so people whp own bitcoin and want to spend it find places to do so, and the bussines owners get the chnace to invest directly in bitcoin
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Defintly the online work and espacially bitcoin has given us the oppertunity to make money while we are at home, and in order for it to developp and become a solid employment bitcoin should be supported and backed up and we need more ways to use our bitcoin in order to make the best out of it and use it like regular moeny.
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I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
Why would you care soo much that its like you are going to die tommorow? Its not really bad to think off on passing out your bitcoin into your loved ones since you are single its much better to spend those bitcoins and granting all the things you do want while you are still living since you are thinking about death then better to live your life to its fullest using those bitcoin. Death is somthing inevitable and we are all going toward, but we can't just sit ideal and do nothing and just think about it, we need to make the best of our lives since we only live once we might as well enjoy it to the most, so just keeping money and not spending it is the wrong thing to do here, go out and enjoy while you can
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Well some countries are still not that yet advanced when it comes to digital payments, i mean the whole worl is now based on networking and almost every place has internet in it but the mentality of some poeple in some countries is still not yet advanced they are still living in the past and it is going to take a while for them to adapt new things.
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Holding bitcoin right now is our best option with the transactions slowing down and the fees going higher it is hard for us to move it back and forth from an investment site for exemple to our wallet, plus many people right are saving their coins which is creating a high demand and what that does it makes prices go up so that in the future we can make some good profit from it.
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Acually the transaction delay and the high fees suprisingly making the price of the bitcoin go up even more and the reson for that i think that everyone who owns bitcoin right now is just saving it, which is creating a high demand in the market and with high demand come high prices, and this might go on for quite some time until the whole network gets uptdated to support the massive transactions.
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I really think that it will be a very good idea to advirtise bitcoin on TV, i personnaly started using bitcoin when i saw a guy on the news making money from mining bitcoin a couple of years ago, many poeple still don't know about bitcoin yet and even though it is all over the internet now, we still need to target the ones who havent paid any attention to the ads on internet.
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Bitcoin is a very productive thing if you give it time, it requires paitience and dedication, if you give it time and save it for a couple of years you will surelly get some good money from it, but it comes some times where the price peaks and then falls so for those who do not have the paitience they could still make money if the act smart and fast.
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Well if you have ever took a look at the dark net you will defintly see that lost of the things that are sold their are drugs, so wether or not marijuana is gping to be legal it is already sold for bitcoin, because bitcoin has an anonymmity involved into it so there is no way that you could be tracked down, however making marijuana leagal will enhance the use of bitcoin by the providers.
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the big disadvantge of bitcoin for me is that it is not accessiable by everyone and it can't be used in our every day lives, sure it is still new and people are still not fimalliar with, but for us the people who already use it and know about it need places so we can use them.
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the thing is poeple are always complaining that the fees are high but the truth is fees have stayed the same its the price of bitcoin that gone up, because the price skytocketed we havent noticed it, and to be fair since bitcoin has become really popular the miners have more work to do and more transactions to confirm, but still some wallets take high fees and transactions still slow.
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Why can you say that bitcoin will die soon ? If there is no appropriate reason that you can give to us that bitcoin will be dead soon. And i can't hear people complaining about bitcoin even the governments, so why you all keep saying bitcoin is deas ? To bluff people that's not good at all.
Well a lot of people are complainig about how transaction became slow and you need to pay high fees to get it picked up, and that is a big issue maybe not for us normal people but for gambling sites trading sittes and many others each second matters and this problem is getting even worse since more people are starting to use bitcoin even more.
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I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.
In my opinion and from what i learned you should always keep saving your coins until some day you either really need the money or the bitcoin is about to witness a massive drop, because whenever the price goes up it usally keeps going up and selling it will cause you to lose moeny.
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I would say Sadly yes. Presently investors have full control over BTC prices. They are successful in distorting the real mean of bitcoin as currency. Now it is on mode of becoming store of value just similar to Gold or other metals. It is pretty difficult for me to explain people how to use their bitcoin in real as transaction fees is too much for ordinary transactions.
If u want to save money means u can save interm of bitcoin right.So it's only a good thing not a bad one.Like a gold ,we can also inverse here. Probably because bitcoin has not been regulated so that everything is still held by some who have been dabbling from the beginning with the thing bitcoin yeah, most investors are spectical about putting thier money on bitcoin where it is still not yet stable and yet has unknown faith, goverments have yet to regulate it either by banning it or accepting it, and that makes bitcoin now only a quick investment with a small cap and not an industrie that has a cap of billions of dollars.
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Cash is better than bitcoin because it is way easier to use, i mean it is true that poeple all over thye world are using internet and smart phones and we are going toward a more and more digital world, but that does not ignore the fact that reaching out to your poclet and gettting a dollar bill is mich easier than pulling out your phone trying to figure out the amount that you need to send and conferming the transaction.
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trying to real work with bitcoin these days has become a difficult thing since the transaction time has became slower and the fee are getting higher, the only thing to do now is just try and get as much coins as you can and save them until hopefully this probelm that is making working with bitcoin hard gets setteld.
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