No, I do not agree with this idea. This is the contrary of what Bitcoin was designed to be. It was designed so that your wallet is your own bank. You owns nothing to no one and this is better.
Right there is no need for banks, bitcoin proves its ability to do things that bank can do, plus that its free transactions and we can manage our own wallet. yes we do not need for any bitcoin bank, bitcoin wallet is a good source of saving bitcoin. it is more easy to use more convenient and reliable. no need for such a long formalities. i will like to continue it for a long time. |
|
|
|
For me bitcoin is a kind of
money because we can use
it as a payment in the internet.
Bitcoin is a online digital currency.
I do think and believe that bitcoin is a real money because we can transact with it anytime, anywhere as long as we are transacting with the people who are accepting bitcoins. And I've been using it already for paying my internet bills all of the sudden and I really liked it a lot. Because of bitcoin, my life is now easier. but in fact bitcoin is real money and we must accept the fact, because now in so many places bitcoin is used as fiat currency in shops and in those places wehre the number of bitcoin users are increasing there shops are now accepting bitcoin as legal currency. |
|
|
|
i think after 20 years we will will not care much about BTC! since we all will be real rish if we hold some BTC!
i think our kids will care about crypto that time.
Yeah about that time we are old enough to think about it, 20 years is so long and many things can happen in crypto world. every year is a good progress for btc since the year it was launch and i know that it will continue to grow each year. yes 20 years is a long time to speculate but i think after 20 years bitcoin will be more and more popular because people are accepting bitcoin and the number of bitcoin users are increasing and so the use of bitcoin is also increasing. |
|
|
|
Maybe... Maybe not. Speaking of things like a very distant future of something as unstable as bitcoin is just like shooting ducks in the night, Bitcoin can be anywhere around 20 years or more. You can't predict it or even guess. Short-term is easier and you can probably see it [like the $1000 rise].
yes no one can speak about the future of bitcoin so correction but i think we can speculate about the future of bitcoin by observing the number of people entering in the world of bitcoin. as their number is increasing day by day. |
|
|
|
Faucet had their moments some years ago, at 2015 i believe were the last year where you could really make some good ammount using them, now they becamed obsolete, and a big waste of time. There are more services options to get bitcoin free as signatures that turned one if not the best way to earn bitcoin for free Even in 2015 they were mostly waste of time The price was moving in the range of 200-300 dollars per coin most of the time during that year. So I don't think it makes a great difference if you earn 10k satoshi today versus 40k satoshi 2 years ago. It was still mostly a waste of time back then since the rewards were tied to the Bitcoin exchange rate at the moment. And I don't think either that the rates in dollar terms were significantly higher in 2015 than they are today I agree, faucet is actually a waste of time even at 2014, I still remember myself claiming at different faucets just to get some BTC (though I still do it sometimes if ever I got bored LOL) Focusing in claiming satoshi in faucets is really a waste of time unless as said in the earlier post , you have something to do in the internet and you claim it whenever you have free time or in between tasks. yes there are very little chance to earning a good amount of money from faucet, i think signature campaign is the best way of earning bitcoin for free there you need for good quality posting. |
|
|
|
Nah, we're doing just fine with bitcoin as it is. The media wouldn't be having any of it anyway, and it isn't like most people are aware of what bitcoin is anyway. I see from the poll that most people here agree...so this is kind of dead in the water.
yes that is right, i think bitcoin traveled a long journey from 2009 up to now, now its time to get the fruit. i think bitcoin is the best name for it and we do not need any change in its name or some thing else. |
|
|
|
Explaining the overall procedure may be quite difficult to teach the early teen though there are many ways such as YOUTUBE which provides info about all the things GOOGLE another easy way but it would be easier if they are teached in their late teen stage so that they can go on through their own
Well teens dont really care about bitcoins and they will not search it until someone told them so. Teens nowadays just watch trailers, assignments project and other things they need to do so they learn something from their studies. Though noone is introducing them to bitcoin, they will not know it, so until someone told them about bitcoin and how you can earn some from it, they will not understand especially know bitcoin. Bitcoin nowadays is very profitable as an investment, however, the interest of the kids is not yet in investing as they are not in need of money and in case they need, they can simply ask from their parents. Honestly, bitcoin investment is only for mature audience, due to our needs and dream to have a good future, we risk with bitcoin and fortunately, we have been getting good results so far. They wouldn't put any interest since they don't care money too much because they are still dependent on their parents when it comes to money that's why they don't bother at all but well there are some will surely got interested not on earning opportunity but it would be on its benefits. in fact their parents are responsible for fulfilling their educational and other needs, they no need to earn money, while in some countries they are taking the responsibilities of their education. there they should put all their concentration on education and not on earning money. |
|
|
|
There are few cryptos what are on market from long time maybe will some few more but thay will exist together with bitcoin,it is any problem it is even very good to have some real strong alternatives
I think bitcoin will stay forever as a cryptocurrency and noone will replace it. Because bitcoin is a really efficient crypto and even there a lot of others that are being created they are still being called alt coins. Lets say there are new created and being piqued of interest by many people, yes it will be popular, but bitcoin will be standing there a top of that alt coin. I think nothing can replace bitcoin by another cryptocurrency. Bitcoin is not immune to problems and if big ones occur, then people might look for altcoins. Especially now with the blocksize problems and the uncertainty of soft fork, hard fork and different 2nd layer solutions. The worst case being that Bitcoin can not handle the Volume anymore and no solution is in place or while trying to implement one something goes wrong. This is what many people are afraid of and also how an altcoin could overtake Bitcoin very quickly. If the altcoin would then be the maincoin and we would call Bitcoin an altcoin is hard to say, but this depends on the people in the crypto world In fact, it cuts both ways While considering the possibility that Bitcoin is hard to update (even if there is a real need for updates like SegWit and likely Lightning Network), we should not forget that it may actually contribute to wider Bitcoin popularity since it will be looked at as something rock solid, immutable and invariable. These qualities are what is required for a reliable store of value, anyway. If gold changed its shine every two years, would it be as valuable as it is? yes possibilities are always there but still i think in is not such an easy job in near future. bitcoin is still number one crypto currency of the world and hope that it will remain as number in future because the users of bitcoin are increasing continuously. |
|
|
|
I never had a serious financial problem but yes bitcoin once helped me before with my problem on my school tuition fee and it is still helping me whenever I am short in budget and whenever I need to buy some stuffs in grocery . although I am constantly spending some of my earned bitcoin I am still saving most of it in order to be used for future need or if ever there's an emergency and I urgently need to have money .
same is the case here. although i can cover my financial needs from my day jobs but bitcoin really help me in controlling my extra expenses. so i can say that bitcoin is really helpful for me to control my financial problems. |
|
|
|
Well, I would probably use bitcoin every day, if in my town a lot of people knew it. however, to date, it has not been able to do, because of the lack of knowledge, and the use of bitcoin in my town. Well, when bitcoin began to be received in my city, I will continue to use every day as long as I have it.
infact the mahority of people still do not know about the importance of bitcoin. therefore they are not giving any preference to it. i think it will still take some more time when we will be able to use bitcoin as fiat currency. still there are some people who are using it. because there some shops may accept bitcoin for shopping. |
|
|
|
The Altcoin market is of course profitable - but it is not for the panicky people. You need to know which coin to trust and which one not to.
yes every one has their own choice but to me i think trading alt coins is the best option for trading and specially for those who have good experience and interested in trading. i myself have good experience in trading therefore to me trading is the best way of making bitcoins. |
|
|
|
I do not think that this is the future of money, but the future of the digital payments on the Internet, of course it is !
but i think bitcoin is the future but it will take a little more time, as people are now giving importance to online services and specially in big shops that trend is increasing more and more. while in backward areas i think it will still take a lot of time. |
|
|
|
Well, not yet. And it needs many more years to reach that point. Merchants are not understanding the profit of using Bitcoin as a payment gateway. Bitcoin need more advertisement and popularity in the business world to make that happen.
everyone have their own field, traders are reluctant about the price of bitcoin. i think if the price of bitcoin will remain constant then they will certainly take more and more interest in bitcoin. but i think it still require some more time. |
|
|
|
beauty of crypto currencies is only of their privacy . if it would by the government then their is no option to use crypto currency . while we will use direct other online currency instead of these . because due to control under government of country there will be restrictions of saving and transfer .
I would agree into this thought.Cryptocurrency is not advance at fiat currency but just improved some features and added some that is what makes it special from fiat yes and in future the importance of fiat is continously increasing and in future it is expected the crypto currencies will dominant fiat because people are now dong most of their shopping through online. |
|
|
|
I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
specially those altcoins which done very successful ICO's. they will surely attract lots of people and effect the bitcfoin price a lot. I think things are already working on their ways. I do agree that altcoin have important role on attracting people to cryptocurrency but it do bad and at the same time good in Bitcoin economy. Good because they attract people, bad because most of this ICO are scam so it gives bad reputation to cryptocurrency industry including Bitcoin. Worst is that these altcoin often declare they are better than bitcoin and at the end scam these unsuspecting people. Result they also think Bitcoin is also a scam project lol. but i think alt coin really play important role. because most of the people like trading and they mostly do trading in alt coin we it is fact that alt coin play an important role in bitcoin. |
|
|
|
I can only earning bitcoin with faucet , that bring me every week a little amount,
i think if i up to fullnumer ,signature is the safest way to earn bitcoin.
Well then keep going bro  I used to be in your situation before when I just signed up this forum and I entered a signature campaign. It was quite desperate and tiring because the bitcoin I earned from this campaign isn't that much and I just wanted to have like 1,2 BTC immediately without buying it. So I tried faucets and typing captchas but those were time-consuming. But it indeed is safe so I kept trying and now I've gain a lot of bitcoin Signatures is one of the best way to earn free Bitcoins but there are some obstacles: 1. as BTC price is going up, earnings are going down; 2. there are a lot of users in this forum and only limited free spots to join the signature campaign. If you're late, someone occupied your place. yes signature is a good way of earning bitcoin. but i think most of the signature campaign changes their payment structure according to the price increase and decrease. when the price fell down they increase the payment and when the price of bitcoin increase they decrease the payment like SECOND TRADES |
|
|
|
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?
Investment is risky, so is investment bitcoin. If you can make the right investment choices, then you can also benefit,we know that bitcoin might crash anytime but seeing the current state of it we could say that its really a profitable investment and also a good and beneficial digital currency, yes every investment and trading are risky. bitcoin is also a type of investment, so we can say that itcoin is a little risky and more profitable because still there is a lot of potential in the price of bitcoin and there are chances that its price will increase more and more. |
|
|
|
If everything is calm and stable, there is nothing at all to worry about, and think bad about bitcoin. As the saying goes, we are more longer afford impose bad thoughts, and even then jam danger everywhere. Today, bitcoin stable and the price for it gradually rises.
I don't really get what you are saying though trusting cryptocurrency is really a must. The price may be? Or the user? The danger I see in bitcoin is the assurance of its price and the transactions that it makes everyday. Many people will be using bitcoin in the future so many business men will be using it as a investment and if that price will not be stable, it may ruin there investment, in terms of transactions, it may be fast yes, but they can be really anonymous. I have always said and now of the opinion that the Bitcoin is the currency of a certain number of users and large businesses. bitcoin is not convenient or inaccessible to ordinary people. Therefore, bitcoin has its place in the financial sector. But if bitcoin is not convenient or accessible to people as you say then it has no future, so I disagree bitcoin has a place for the ordinary person but the problem is there are not enough commerces accepting bitcoin at the moment so you cannot spend it as freely as we may want. Right now bitcoin is accessible by a certain group of people who are at least have some knowledge in technology. This has to change that even a common men needs to use it easily even if he is not good in technology. This way can reach the entire population. So we too can experience increasing acceptance in e-commerce. but at least you must have some knowledge about computer and internet. without knowing about internet and computer you cannot use bitcoin and cannot make profit from it. and i present time there are so many people who do not have computer knowledge and internet. so bitcoin will still take some time to become more popular. |
|
|
|
I personally think about bitcoin bitcoin in this year is going to increase significantly. see proges bitcoin in 2016 was fantastic. I hope bitcoin will grow more and more people are using them
I am also thinking of these increase, and i hope it wont go down any lower until these year. Though there are probleems about the chinese and they said that it will affect the price of the bitcoin. hope it will not affect them. yes we ban in 1000 USD level. people are not interested to sell bitcoin even in panic like situation. people like to hold bitcoin for the price increase. i do not think that chines or any other countries can become issue for bitcoin. bitcoin is now adopted in all over the world and still accepting it. therefore it is becoming difficult even for a group of people do manipulate the price of bitcoin or effect bitcoin through any other way. Someone who holds huge enough bitcoins can affect and manipulate the bitcoin price. You said that China can't hve any effect on us because bitcoin users are scattered all around the world? Then how come when some of them sold some of their coins, the price went to back 760$? We affect each other. When I sell my coins, the price would decrease. When I buy some, the price would increase. Regardless of how many people are there, the whole bitcoin thing can be manipulated by any of us. Maybe some wouldn't cause a significant effect, but all the coins surely will. i think he want to say that if people will not sell bitcoin at the same time then it will not impact the price of bitcoin so much. and if the users are scattered then they cannot unit on one point easily. therefore it will also become difficult to manipulate the price of bitcoin so easily. |
|
|
|
I am earning bitcoin from some steps i.e. trading, cloud mining, investing ICO and gambling. of all things, trading is the best thing because about 5 btc I use for trading on 2 bitcoin trading sites. ICO new coin is good but we must selective before invest.
but to me i mostly earn bitcoin from signature campaign and from trading. in fact trading is the the superb way of making bitcoin. were some time a very little investment can give you a good profit. therefore there is always chance of making money. |
|
|
|
|
Show Posts
