To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
still this is the same condition for most of the people for in bitcoin . and secondly the day per day expenses is only depends upon the demand of the bitcoin is online market. so Constancy in the price can't be predict . any time can go uo and anytime can got fall down . We can never expect price stability in bitcoins as it will never happen and no one can control its price, but if demand goes higher in future the we can expect higher price from it. That's crazy talk, how can you say that bitcoin will never have any price stability. If you look at the charts from the past 5 years bitcoin has settled down a lot, a big price swing that get people talking these days a $20 up or down change. I think that you should never spend to much Bitcoin because that is just a waist if you are doing that, the price of the Bitcoin can go up in the future.
Which is going to mean that the Bitcoin will be worth allot of money.
I bet you will wish you had of spent some in the unlikely event that bitcoin get overtaken by another coin and become almost worthless. Nothing in life is guaranteed. Whether to spend or not depends on an individual as its his own money he can do anything with his coins, if he is comfortable in holding then no one can force him to spend. |
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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. Trading is the best thing to do if you have the skills in trading but if you do not have it then you will not be successful even how strong you will try to learn, that is what you called you are investing in yourself and that is good as your actions will matter most and you will not be scam like investing in a certain site. We will be never able to make profits if we never try something new and to make profits I think we should learn the process of trading and can take certain level of risk at initial stage. |
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in present time as the price of bitcoin is expecting to raise high and high therefore it is not a right time to sell bitcoin, i think we should wait a little and simply hold bitcoin,
That's the right thing to do as price is expected to go higher at the end of the year so holding till that point is the right decision to make as it will give us higher profits if we sell at that time. |
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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. Though that stable nature of bitcoin causes panic to many users, but i feel that no one should do that as while the price of bitcoin is stable we can still earn money trading other coins in exchanges, so if we have some bitcoins and they are not growing themselves then we will have to make them move by increasing their quantity. People who are earning bitcoins will be much satisfied with stable price as it will give them stable income but people who wants to make quick profits in trading will never like price stability. |
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The first thing I bought with bitcoins was a game on steam and after that I didn't buy anything but keep on spending them on mobile top ups on regular basis and that is the only place where I spend my coins maximum time.
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I'm buying bitcoins for the profit I can make with it, I find the the profit the important thing about the bitcoin, you can easily gain a lot of money by it.
I think if you buy them you can already sell them a week later with profit if the week is good of course but that's unpredictable.
Yes, you should buy bitcoins these days as their value is just normal. This year it will likely to boost more than 100% and touch the 1000$ mark. We can get lots of profit if we buy in these days. Yes, right thing to do, buy at a moment and hold it for next couple of months, as the price is not too high at a moment and we can afford to buy, so buy now and sell after halving. The reason why i am buying Bitcoin is because it helps me to save money and make some extra money at the same time and that is just to handy. I also sometimes buy some games at steam but those are the only to things why I have Bitcoin. A statement is very true. That if we don't do this, then we will not get something lucrative in the bitcoin. bitcoin can be used in addition to the transaction. Bitcoin can also be used for long-term investments and short-term, so if we buy a bitcoin then all the benefits we can get and that is not necessarily available elsewhere At the current time it is good to buy bitcoins because of the chance to invest and grow our investment faster since it was predicted that the value of bitcoin will increase in the future, and we have seen that and witness that bitcoin is becoming popular now, we see it as an investment rather than a currency nowadays. Yeah majority of users are treating it as an investment and for the same reason they are not spending it and only prefer to hold it and I think this is a good time to invest money in bitcoins as price will go higher in future. |
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I will never sell all my bitcoins ever but will surely sell some of them when it touches $1k price level, and I am sure most of the users are holding their coins so that they can sell their coins at that price.
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i have this bad experience but i've been scammed by cloud mining site and for now, that cloud mining site was close. that site has succeed to make people loss their bitcoin in big amount.
That must be HashOcean or Ore-mine, i know only these two big sites that turned scam by taking away thousands of bitcoins with them to ruin the lives of many people who had all their funds invested in them, and that was actually a lesson for all of us not to invest in a cloud mining website next time. That's right it was an learning experience for us as majority of us have lost our coins either in cloud mining or in gambling and now we should make sure that we don't repeat that mistake again. |
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I think it is when I got hooked with one investing website. But its all crap it all end with a scam. That is why I didnt try it again thinking all of it is the same and will just end up also the same. This crap should end.
I agree with you that online investment involves risk as there are not many legit sites to invest bitcoins, but investing fiat in bitcoin is not risky as it can give us good profits in future. |
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Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
I do not think that i is going to be possible for Bitcoin to help whole countries because hat would be to much to handle for any company. Bitcoin wold be able to help out a group of people but it would not have a chance to help a entire country. Yeah it can help only those who are using bitcoin and earning money from it but it cannot help the entire country as people who are not aware about bitcoin will never use it. |
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some day iam quit my job in my office and go full time on bitcoin
but iam wait in my earning in bitcoin can living in my life
maybe is my earning use bitcoin constant 3 bitcoin/month iam ready quit in my job in my office in offline work
Its a large amount to reach your goal and live in bitcoin i think even 1 btc is enough to live in bitcoin since the price of bitcoin is high. but its still risky to live in bitcoin because we dont know how long bitcoin will live in the market.. I am also ready to give up its substantive work for the sake of Bitcoin. I'm not afraid to take a chance. That's because I believe in the future of Bitcoin. And if I was paid for the work Bitcoin, I would be happy But for the benefit of the argument how do you suppose to get 3 BTC a month? I don't know any other ways online that can make you earn that big amount in a month. That is about 1930$ a month, which you won't be getting even though you claim through the best faucets and having your own rotator. I am afraid you will be losing your job for nothing without having a plan first. Yeah and even if you are a regular trader it will be hard for you to earn 3 btc on regular basis, you may earn once or twice but you cannot expect that you will manage to earn that amount regularly as sometimes it may also bring loss for you. |
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I was buying till last week when price was at $600 level but now price has gone higher so not buying at a moment and also not having enough capital at a moment to invest in it.
It's good that you set yourself a temporarily pause when it comes to buying Bitcoin. Some people constantly force themselves to buy a certain amount of coins each month. Even when they don't have any free to invest money, they use money they need in their daily lives, just to make sure their coin stash is growing. These people don't know how to set themselves priorities. That's right and we cannot afford to trust bitcoin blindly by buying at any price as there is a full chance that it may fall in future and if that happens then we need to wait longer to make profits from it. |
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well, i do not spend bitcoin often both on the internet and in physical world. In my country, people rarely use bitcoin to buy something as well as receive bitcoin as payment due to the government restriction. And on the internet, up to now, there is not any useful thing for me to buy. However, i believe that someday i will buy many digital things by bitcoin
it was very nice, because I think spending bitcoin today is something that is really a loss. many say that after this month the price of bitcoin will probably rise, even exceed $ 700, and it might make people who spend a bitcoin its currently being apologetic, so if you do not want to regret it, then save the BTC is the right thing to do when this. Exactly we have been holding our coins since long time so that we can spend them when price is higher and if we spend them at this stage then we may regret in future as price is expected to rise by the end of the year. |
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By 2022, there will be some form of standardised cryptocurrency used by many across, now whether that is bitcoin I cannot really speculate. Bitcoin may not become the standardised currency but has sparked new faster, efficient and secure currencies.
I think however bitcoin as a currency is also, who knows what will other people say, I think that it bitcoin year will be more famous and popular than now No doubt it will gain more popularity and attention from people by then and we will see more users getting into bitcoins but its hard to believe that it will be used by almost everyone. |
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Bitcoin has helped me a lot till now. I indeed believe in it. I believe in its existence. The price has come up again. More people are getting into this forum to earn more. The price has come up. The more bitcoins you have bought, the more profit you would get. The value is going to reach more than now.
The price of bitcoin will keep on increasing as the time passes and more users starts using it in future and I purely believe that bitcoin will give some great profits in future which will improve our standard of living. |
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Bitcoins can never make banks disappear as banks are the strongest financial institution that we have which are running since long time and also have support from the Government, comparatively bitcoin lacks recognition at a moment.
bitcoin is just a tiny drop compared to an ocean that banks and governments are. also, the only entity with the ability to replace the current banks and financial system, is the government. bitcoin can't do anything about it. even not with a lot support from people world wide. Yeah and the fact is people will have their more support towards banks in compare to bitcoins as they feel that bank is the safest place to save their money and they will never have same trust level for bitcoins. Even me who are here in the crypt world for so long have always trusted banks for my savings, I cannot compromise my future but putting all my money in bitcoin and I believe as well that bitcoin cannot compete with banks so there is no chance it can make banks disappear. Yeah we cannot afford to put our all money in bitcoin as it would be risky move to make as the future of bitcoin is unpredictable and it may disappear in future but we are sure that banks will survive forever. |
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Would be a awesome if coins came back down I would snatch so.many up and wait for them to pump agian as I believe in the technology and would hold on to alot
Even I will prefer to do the same as I am sure that even if price falls to the bottom bitcoin has an ability to bounce back and it has proved it many times in the past so the best decision would be to buy it to a maximum. |
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Delay in confirmation time is the only least favorite thing about bitcoin I am facing at a moment as it can be annoying to keep on waiting for confirmation when you need money very badly.
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bitcoin enough to give many people the opportunity to have the advantage that much, so I think the investment into bitcoin, so we have a great opportunity to make a profit, either in the form of investment, trading, and others. in fact, you could make a profit simply by holding bitcoin, so I guess very good for investment in bitcoin
Bitcoin can be an good investment for future as it has an ability to reach to a new level in terms of its price which can be beyond our imagination and you can expect much higher profits from it which is not possible with other form of investments. |
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As we all know that to earn the bitcoin in these ways like....
1. Trading
2. Investment
3. Gambling
Anybody know that anymore way is here to earn the bitcoin very fast?
But in my view, only 3 ways are best to earn the bitcoin and not more way is here.
The very first thing i noticed about this thread was that a Sr. member is asking a newbie type of question  Well i would suggest not to gamble as that will eat up your capital without letting you know, and there is actually no new ways of earning a lot of bitcoins at once, work for it and you will get it in your wallet. Yeah and we cannot depend only on gambling to earn it fast as it would be never possible, and there is no fast way to grow them unless you make an efforts to earn them. Even worse if you solely depend on something that unstable as gambling you won't end up winning or earning but rather losing your investment and thus money. Best if you try trading or investing in some of the very innovative altcoins because they actually do offer some way of income. Yes its better to put your money in trade and investment where you have an opportunity to make money and its not purely based like gambling where if you loose you loose everything at once. |
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