Bitcoin will not be able to replace the US dollar in the coming years. But some large investors already now invest some of their money in the crypto currency.
Personally, I doubt that any digital valuta would, or could, replace the mighty US Dollar - since the implementation of the Bretton Woods system after WW2, the US Dollar has gained more and more 'trust', which led the US Dollar as the most used currency for multinational trade, which it also is today. That's my reasoning on why Bitcoin won't replace the US Dollar in a near future. |
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I suggest you to do both, saving moneys & investing. But, if you invest in bitcoin, you will get a high risk, but the result is bigger than saving moneys in the bank. For more secure investment is gold.
Depends on what you want from it, if you want no interest or profit just save it in a saving account, if you want profit however it still depend on the risk you are ready to take on invested money, Low risk with banks and gold IMO and high risk with bitcoin. |
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there should be no place for panic and emotions in this business...just a cold calculation is needed, then you can feel confident and do the work on the mistakes, if it is necessary
We dont have to be panic when bitcoin prices down, because experience taught us that bitcoin prices will be rise up as soon as possible, and if bitcoin prices down i will transferring my bitcoin to altcoin, because at that time altcoin prices is down too, there's a good time tobuy it and sell it when the prices is rises |
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because if mine gold should have a gold field and must have official government permission if bitcoin anyone can
That is of course, btc is a new trend in the world and they need to know more about it. Gold has existed for so long, people seem to have no questions about it. BTC, as well as crypto, are a fairly complex system and that is reason of why people are looking for it. |
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I think not, banks are not only keeping people's money but it act as a funding for any civil project, finance loans and other services. Banks can adapt Bitcoin and Crypto-Currencies but even the world money will be replaced by Crypto-Currencies but still Banks exist the they're using Crypto-Currencies to fund loans and other services.
I have to say no Bitcoin can not make the banks disappear never. There is a logical explanation behind this because banks are not like super markets or shops which appears and disappears or replaced by other. Actually they are providing base to all the financial structure of complex system from issues of salaries to utility bills, from loan to investment and much more than this. They both will exist and work together in future with more collaboration. |
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don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV
I actually don't know why people hate bitcoin, when in fact they can really make big money here. Maybe because they are lack of knowledge, sometimes education is important before you judge things specially bitcoin, this is really the future and those who hate bitcoin will surely use it in the future but in a higher value. |
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I think this is a great opportunity for the child's future. If you think about the future of your child, then you can buy Bitcoin. And now you have the golden opportunity to buy Bitcoin. Hopefully, your child's sure future.
That's good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday. |
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don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV
Their brains are small and bitcoin confuses them and they get angry. When a small brain gets confused and angry at the same time it stops functioning and random emotional responses become presented as fact. The small brain tries it's very best to make sense of what is going on and believes it's own bs to the point it seems proud. Look at that Morgan guy for example. We should bit worry about these people let them stay poor and stupid and we collect bitcoin. What's the problem really? |
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I believe that bitcoin doesn't give any troubles to the government, only a chances that this coin could be used for any criminal activities without any traces of information's left because of anonymous identity. Though this thing will be possible to happen, but maybe it is important also that the government will recognized this as it helps their people to improve their living. Not only by blaming this as a cause of economic loss and increase criminal activities.
but majority of the governments show neutral response to the cryptocurrency and bitcoin in specific. |
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Oil is widely used in industry, so its popularity will not be greatly reduced. The price will also not fall to zero, because oil reserves are limited. Electric cars are popular, but before the disappearance of gasoline cars are still very far away.
The problem is not with the generation of electric power, but with its storage. As of now, the world electricity production stands at 25 trillion KWh. A small fraction of it will be enough to run all the automobiles in the world |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I dont really have bitcoins as of the moment but i am better with altcoins. I have been paid a very good pay in services i did in altcoints. Little by little as my rank gets up i know i can earn more and even bitcoin. I know just like what you’ve said, a lot are getting millionaire with cryptocurrencies. I hope i will be one of them in the future too. yes i am also agree with you, i think the price of bitcoin is really going high, as people are confident about that and they are just expecting that the price of bitcoin can really go high in next months, to me the price can easily reach to 10K this time. |
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Its just textbook supply and demand but just done in a very "unfriendly" way as it does not have a central bank controlling the price. Bitcoin is also made in such a way (decentralized) that whales can control the market significantly which also contributes to its volatility.
Bitcoin is the one which dumps little but pumps very hard and this is the reason why people are really after bitcoin. Bitcoin has increased in prices so much in this year and it is highly expected to touch 20,000 dollars. I don’t think so people are afraid of the volatile nature of bitcoin. People are highly attracted towards bitcoin just because of the volatile nature because it makes bitcoin increase in value off and on. Its volatile because there is no consensus on how to prie a bitcoin. And the fact that half the folks that have traded bitcoin, absolutely suck at it Cheesy its more the investor maturity however, people react in this space on the slightest news. |
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It is impossible for bitcoin to become a national currency from a lot of reason. First of all the transaction fees are t high and also the time that it takes for a transaction to be confirmed is pretty big if you pay a small fee. If you want to buy a coffe or a juice you would have to pay 5-6$ for the product + 4-5$ the fee for transaction so at the end you pay double the price.
The second problem is the big fluctuations of the price. One day a bitcoin can worth 8000$ then the next day it worths 6000$. This will obviously affect a lot of merchants because most of them have to calculate their profits everyday or every 2-3 days.
Everyone complains that the transaction fees are high, but what does this have to do with the issue, do you think Bitcoin will not be a national currency because of high transaction fees? I think yes, if the transaction fees on the bitcoin goes high and what will be happening with those are thinking about the crypto fees was so cheap compared with the bank transaction. The people are using crypto to get an alternative way to get cheap transaction. just like if you are making a transaction and it cost 3 cent for each transaction. It will be great. Not only national but, international currency l. Bitcoin is very strong cryptocurrency. I will not be shock if it will rise above all in this world. Cause we how effective and how wonderfull it is. |
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There are number of reasons behind opting for this Zigger platform. The main reason due to which I was convinced to join this platform is that it will help all the people living anywhere in the world to buy and sell anything for bitcoin. This will help all those who are unable to buy or sell anything by giving away their bitcoins at local market.
yeah zigger platform really a great for us because bitcoin users need a marketplace where is people buy and sell everything with bitcoin locally, there is many people worry and said that they can not buy anything for bitcoin like as furniture , Electric machinery but for me zigger will providing this facility to everyone and then our life will be more easy with bitcoins , and there is i read that Zigger coin will also acceptable in Zigger platform so its appear that zigger coin value will be too much high in the future. |
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it seems really a great project , i read this project a lot of advantages for investors and Zigger project concept is unique mean we can buy everything with bitcoins or zigger coin i am sure the project with be successful because we need it to use our bitcoin without convert it in to fiat and i hope Zigger coin value will be more higher in the future because the developer disscuss it that they will increase the demand of Zigger coin so its clear when demand increase then the price also go to higher value the best example is ,,,Bitcoin,,,.
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of course they can, they have the full power of it.
but i think at the moment the government is not interested in outlawing bitcoin, moreover stop it
if they really want to stop bitcoin, they just need to make laws about it.
Sure they can since bitcoin relies on the internet for its existence and the governments happen to control the internet and the airwaves and so they can decide to switch it off and on any time thereby killing bitcoin and its usage as a result. Absolutely they can stop if the government in that country wanted to do. But as whole world wanted to shutting down bitcoin thats impossible to do. Likewise there are many countries who did not support and accept bitcoin but people in that country are statisfying as bitcoin really affect in there finanacial needs. Maybe it could be happen at their own backyard but not the entire bitcoin community. Even though they are holding a large numbers of investors and exchanger but isn't enough to bring bitcoin into down. Because I believe, even their people are not wanting it to happen. If somehow we imagine it can happen in some part of the world (which will be done by some government of course), it will not at all be encouraged rather accepted at all by the people governed by that particular government. This will be a difficult decision for that government also, to move with the world with this kind of decision and definitely any running government cannot afford that still there is always a room for unexpected. |
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These are some points that make bitcoin and fiat different: 1. Fiat is non volatile, if you kept it for a long time, the value won't change while bitcoin is changing its price from time to time. 2. If you invest in electronic money or bitcoin especifically there are bigger changes that it will profit and double you investment in a short period ublike fiat. 3. Fiat is very accessible, you can use it anywhere and anytime. There's no need to use internet. 4. Both are important and both are valuable. It's better to have them both.  People are repeatdly saying that the emergence of bitcoin and other cryptocurrency will mark the end of fiat money but in my opinion, these two methods of payment are going to be there concurrently for a very long time because in the end when a person cashes their bitcoin, they will receive cash, It depends on you whether you want to cash your bitcoin into fiat or stay with bitcoin itself and get your fiat from other places, like from your daily job. But I can say that fiat and electric money can never be seperated from because when bitcoin can't be change to fiat, it will be meaningless to have coin that has no value on it. Mean while when you have fiat and want to start buying coin,it has no value too. So I think to get both money is pretty good right now and most of them make bitcoin as their extra income In the future, bitcoin may not be converted to fiat anymore because they can use it directly to the stores or any shops to pay the items that they bought or the service that they used. Electronic money and physical money will be merged in the future and that is almost a guaranteed thing that will happen in the future because the technology will make things evolved and more convenient. Electronic money and physical money both have importance in their own ways, only that bitcoin as electronic money is not widely used yet. Like physical money bitcoin can also be used to purchase online and pay bills in selected countries. I think there's no need to argue as to which is more important or which to be deminished since both have helped people in their financial needs. Rise and fall is the rule of nature. Two centuries ago gold, silver, copper was being used as currency. These were in trade for thousands of year. They were the standard currency all across globe. However as new paper currency based economics was developed and imposed by ruling nations and banks which supported them, gold, silver currency is out of the system. Now gold and silver is reduced to the mere ornament, industrial use, store of value. With same law physical money that is paper currency will also see its due course accordingly. The technologies are evolving fast and being spread across the last strata of society. Soon majority of people will be able to get their hands on internet not as entertainment but as necessity. this will happen once cost involving technology will be affordable to them. At that time moving away from the paper currency will be a possibility. But I think that sometimes paper money is still necessary, in 10 years ahead, I don't even sure that the whole parts of earth will be covered by the internet especially in some small land or just developing countries that rather have poor of technology implementation. Paper money, even will be rarely used, will be such an important thing if you visit some places that's still underdeveloped. But with the encouraging amount of growing technologies in the world, it would be a necessity for everybody to make themselves aware of the internet. Everything is becoming fast and handy now because of the internet. Paper money will soon be replaced by the digital money everywhere, countries which are now under developed will have to coupe up with the rest of the world and make themselves aware of the computer and internet. |
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As many people know. Why China is so influential on Bitcoin prices? Because China has a large volume of Bitcoin trading. So if the price of Bitcoin in China drops with such a large volume, then Bitcoin prices around the world will also fall following most of China's Bitcoin volume. And now Japan is the biggest Bitcoin holder.
Actually china is fast growing immerging economy in world and china started a huge project with one country by the name of sea pack which can make all markets with short distance to china so china don’t want any obstacle in his economy and even they don’t compromise with any deal so think that cab a big reason that china banned bitcoin. |
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Criminality and bitcoin, criminals who use bitcoin for their benefit must exist and can not be prevented. It can not be prevented because the true bitcoin is freely used by anyone, including those criminals. Even terrorists seem to use bitcoin for their benefit. But I doubt if the crime rate increases due to bitcoin.
The only use of bitcoin for criminals is to buy and sell drugs online, Ico's are banned in china for a reason that some of the people there are using bitcoins for illegal transactions online. Maybe terrorists are also using bitcoins to buy guns. Actually bitcoin here to help people it’s not for a bad people if someone is using bitcoin for crime or for any bad things it’s very bad so always need to use bitcoin for a good things and I think if it’s possible for someone they must donate bitcoin to the human right organist ion in order to they can finished the crime from world. |
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