Customers should use it because it has a great future and it will go to a higher amount without any doubts too, I really think that it can help customers to make profit and you can use it easy globally all over the world.
true, it would certainly bring benefits to costumer if they use bitcoin. they can make a profit with it and I think it will be a very quick transaction when buying and selling. if they use bitcoin, they would probably find potential where they can build their own business, so I guess so many reasons for the costumer to use bitcoin that's right having opportunity to earn while they are only holding it after they bought it will attract them to use bitcoin while informing them as well that the process is anonymously and faster than credit card. Bitcoin is one of the best investments that customers would love to know. Because of its unstable price they are going to love and see that there are a lot of opportunities they can have for it. That is why tell them without doing anything they are going to get profit just only if they are going to hold a lot of bitcoins in there bitcoin wallet yeah no doubt its an one of the best investment to have at a moment as in future its price can go beyond our imagination which can give us huge profits and make us our dream come true. |
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The only thing I can say that if you have bitcoins with you then your dream of getting rich is not far away from you as bitcoin has potential to make our dream into reality in future.
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The best thing I like about the bitcoin is that you can use it everywhere and that its also untraceable, no one is controlling it expect you that are having the power over your wallet.
Actually it would be much better if we could use it in our real life as well,may be it will be possible in the future.Yes untracebility of bitcoin is loved by me also and fully controlled by me,unlike money in bank accounts,i can hold as many bitcoins in my wallet without any issue. Yeah and the best thing is that we don't have to pay any taxes on our bitcoins and that makes it very unique in compare to other currencies and for the same reason people are using it. |
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To be honest, when it happens, there will be no FIAT money anymore. The government currency system will totally collapse and there will be a revolution of Cryptocurrency which is leaded by Bitcoin users. There will be no tax in the world and it will be much better when there is only one currency in the world: Bitcoin
That will never happen fiat will always show its presence even in future and till the time Government will have their control on a country fiat will always exist as Government will never allow any digital currency to replace their national currency. Yes, fiat will not be rendered worthless as long as we have governments that collect taxes and print money at the very least. No government would allow bitcoin to become a full-scale replacement to their national currencies. To that end, some of them take a somewhat short-sighted approach and go as far putting a lid on its use within their jurisdictions. And even if bitcoin gains more popularity and gets on the mainstream even though there would be many people who will prefer to use fiat as they find it easy and convenient to use. Fiat is easy to use as it has the form of cash. You do not need a computer or electrical device to send momeny. I agree that fiat is easy to use. It is accepted everywhere so what else would you ask for? As for the need for computer or any gadget in sending money, i strongly disagree that you don't need them to send money. Banks process your withdrawal thru verifying stuff and that is hasten with the use of computer. You are able to use your credit card or visa card because of electronic devices. Credit card and fiat are the most common and trusted way to spend money and people who are not aware about bitcoins will surely prefer to use them for shopping. |
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If you have the knowledge of investements or you have a good and trustable advisor in investement field then it is always better to invest the money and let them grow instead of wasting them only in saving.But if you dont know about it,then just keep saving them and wait for the right time.
Investment will grow your money in long run but that is possible only if you invest your money at a right place and before doing that you need to carry good research and choose different places to invest them. |
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The thing sbr Bitcoin that I like the least is that transactions could be very slow sometimes, especialy when is the most important to you. Also the thing that is not accepted everywhere where I would like to. But when it comes to Bitcoin there are so much more pros then cons.
But I think bitcoins holds more strengths in compare to weaknesses so instead of focusing on weaknesses we should be satisfied with the benefits that its providing us. |
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I haven't paid my bills using bitcoins yet but if that facility would be available to me then I would surely love to use it but looking at the current scenario in my country I think I will have to wait longer to do that.
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Bitcoin has proved popular when the internet is always at hand and the device to enter the wallet and make the purchase. But if on the outskirts of such opportunities will not appear. Paper money in the bank to get better.
Yes and we cannot expect that everyone will start using bitcoins in future especially the older generation will never prefer to use bitcoins and will continue to use banks as they are used to their system. |
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I have around 30% of assets in bitcoin and few in gold as its not smart to put your all money in bitcoins as if it fails in future then I at least have few savings that will help in that situation.
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I will listen to their advice calmly but i will decide sell btc following my feeling , if I feel the price has reached my target then I will sell few of them to secure profits.
That's the right thing to do, listen to everyone but only follow your gut feelings and sometimes the expert advise can even go in our favor and if you feel that you are making enough profits then you can sell your coins. I agree that it is one of the best decision a person can do. Listen then study the scenario. At the end of the day you are the one to decide so it is a good thing not to have an argument with them. This will not only showing them your respect, it will also save you from a heated debate that may affect your relationship with them. Yup and even if we take decision as per their advice and if it proves to be unprofitable then we should not blame them as it was your own decision and you should be always ready for the worst. |
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Sure bitcoin has some things to take care and are very important as the block size grow, something the most do believe its time to moove up. Bitcoin has a huge support at the moment and i doubt it can go down at the moment.
Yeah there is no possibility that bitcoin will go down at a moment in fact it will keep on rising in coming years and more people will start using it which will make it more powerful as a currency. |
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bitcoin created many oportuniades. people make money. New cryptocurrency emerged, many casinos have emerged, many sites like yobit, Bitrex, poloniex emerged, so many people got rich because of bitcoin.
So, what I like in bitcoin is the volatility of the currency against other currencies.
Yes bitcoin has created many opportunities for the people to earn money from it and people who were struggling with their employment status are now living very comfortable life with bitcoins. |
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Investing your bitcoins is the best thing ytou can do with the bitcoin because lots of people are not investing the bitcoin and that cotst them allot of
money because while investing makees the most money/
People are not investing their bitcoins because they are aware about the risk factor associated with it as there are not many trusted online investment sites where we can expect any profits in long term. Investing does not just mean to invest in a website which will earn you profits in a way which does not require any work from you, but you can also invest it on some other currency or coin which is called trading and that is one of the best ways of earning profits these days in bitcoin community. Even trading involves risk if you don't handle it smartly and people think its very easy to make profits in trading but the reality is something different as every investment is risky and doesn't promise us profits. |
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I think will be good idea if you should use that for trading and I also Agreed with wildworld invest in gold that a good future to get profit..Just my opinion
12BTC for trading is huge amount and it mostly cause him loose.. but if he have knowledge and experience about Arbitrage Trading then he may use them in That field. but for the simple trading 2 to 3 btc is enough. even if it is altcoin trading then I think he should start with 0.2 to 0.5BTC. If you like to have big profits on trading then as long as you are ready to risk the 12 btc in trading then proceed just be sure that you are knowledgeable with it because possible big decent amounts of profits is there but also the risk of lossing all is there also and its normal in trading. but to me if you are ready to take big risk then you should invest your money in gambling where you can really make a good profit in a very very short period of time. And what if luck doesn't favor you in gambling? You will be loosing all the capital you have and I think depending on gambling to make money is the worst thing to do. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
You can do both but it is saver to save your money for use because then you know that that money is not going anywhere and you can make use of it when you want. If you invest it is not use that you are getting your money back and it might take a while. For the bitcoin, as its price will rise in the long term, it might rise 50% a year, not many other investment can beat that. Could happen because this year alone we have an increase of 100% and that is already a considerable growth for bitcoin this year. With investing we can grow our coins more than savings so we should prioritize investment also and not just savings. Bitcoin is expected to rise in future so I think it would be better if we could manage to put a part of our income in it on regular basis to get best returns in future but along with that we should focus on saving too. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
I do not think that Bitcoin is going to be taken over by a other currency because Bitcoin is the most popular one so it would not make sense. It would make more sense if Bitcoin took over the other cryptocurrencies. I do not think that Bitcoin is going to be replaced by a other crypto currency because Bitcoin is the most popular one and the biggest one. It would be weird that Bitcoin would be taken over by a smaller one. At this stage we don't see any competition to bitcoins but there is no guarantee that the same thing will be followed in future too, as there is a possibility that bitcoin can get replaced in future by some new and innovative currency. |
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Tell me all about it
My least favorite thing about Bitcoin is the fact that you sometime shave to wait such along time before the Bitcoin starts moving again. I become so impatient when the price is stable for a to long time. That's right but to make money with bitcoins I think we should also have patience as if we take wrong decision then it will result in huge loss to us, so its better to have patience and take actions accordingly. |
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When I was a newbie I lost 0.1 btc in doubler site as I thought I would be able to double my coins in few hours and from that point till today I am just waiting  |
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The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.
The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.
I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.
I do not think that 2016 was anywhere close to the year of the Bitcoin because the price was only rising a couple of times and most of the time the price was stable. I have not made much money with it so it has to happen with in 2017. There are many people who made great profits in this year because they sold their coins at the right time instead of holding them too long, and I am one of them as I sold my all coins when price was $750 as I bought them last year when price was $250. |
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I don't know about others but I mainly use them for online remittances as it very convenient and it involves very less fees in compare to banks and other payment methods like WU and credits are instant.
Actually I am also using bitcoin as a form of remittance as I regular send money to my wife in our province, I work in the city and we are far apart but because of bitcoin I can easily send money without a lot of requirements to do so, I can use my exchange site account to send money thru banks. I don't get it. I don't get why Bitcoin has less transaction fees, can you tell me why? Because I have never been charged by my wallet by sending Bitcoin to other wallet addresses directly. Also the only time they charged me with something is when I convert my money to fiat by way of door-to-door deliver but other than that it is free like bank deposits and cardless atm withdrawals. That is what above mates are trying to say that they need to pay certain fees to traders when they sell their coins and transfers to their banks accounts but that fees is too low if you compare to other payment methods. |
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