When I came to know about Bitcoin I didn't believe on it and just start and idle for few months and when I got the chance to meet my friend who introduce me Bitcoin told me that he is doing nothing then Bitcoin and it become his bread earning from that day I start learning about Bitcoin seriously and now reply in this forum for the question Bitcoin has no role in real world.
If one person fulfilling his family need through Bitcoin means Bitcoin has a role. This is my simple explanation which is more then enough for the question raised.
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The Phrase to describe Bitcoin is "FUTURE ECONOMIC REVOLUSTION" "A new hope for the dreamer to be rich"
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Bitcoin make Bank to function much better but we cant expect Bitcoin make Banks disappear. It is also impossible to make banks disappear. For sure Bitcoin make a very big impact that's why country like China consider Bitcoin as a serious matter in their financial portfolio and issue the ban notice to screw Bitcoin. Only time will tell the result of disappearing Bank due to Bitcoin.
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Actually I am not aware of Bitcoin Loan Services. After going through the whole forum I understand that it is not that much easy to borrow the money with out repayment plans. That is for the safety of lenders and it is compulsory also to avoid the cheating. Seeing the Price increasing in Bitcoin worry me of lenders and borrowers also.
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Trading is the tool to grow fast for newbie it is little bit confuse and hesitance to enter in trading.
We should read max in the forum itself for more details so that we will observe the experience of members.
Basic we have keep in mind is BUY at LOW and SELL at HIGH.
Also avoid panic selling give some time to the invested amount in trading and wait for the right time book the profit.
Be aggressive nothing is impossible in life (trading)
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Is it true as I have started earning in bitcoins now so would like to shop a lot
May be it is a roumer As site like Amazon which is earning so much with the local currency wont take risk with bitcoins
As bitcoins are not popular with the poor people who also have started shopping in Amazon
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Bitcoin is still leagal in our country
so it cants be banned
Anyway banning currency note itself if done in our country in midnight span
Why worry about it being banned still now no problem so let us earn and enjoy our coins
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Bitcoin the word itself has coin in it
Coin which is important for each and every person for his or her daily life
Bitcoin is just only sharing your knowledge and ideas with our co-posters and making our self busy in our spare time and making coin out of it
instead of being on whatsup or facebook with friends we can be in bitcoin it is refreshment as well as money earning which is important nowadays. This is what impresses me about Bitcoin.
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I believe we are not able to deside how much amount is enough for our life. But for running a family we need comfortable money. Earning enough with Bitcoin without Job is quite not easy task. But if we are aggressive and very much calculated we might achieve with Bitcoin without Job is my abservation.
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So far what I came to know is no training institute accepting their fees in Bitcoin mode of payment. Why you panic on payment of your institute through Bitcoin only. Exchange the Bitcoin in to your local currency who accept Bitcoin.
The time will come very soon to make the payments in Bitcoin also.
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My friend who introduce Bitcoin to me was working in Abroad not happy with his job and he is only doing fulltime Bitcoin forum job only so I believe lot of people left their job and they doing their fulltime into Bitcoin. Me myself focusing on it looking forward for best timing to leave my job and full time I will focus on Bitcoin only.
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Always buying in low and selling in high is every one policy. I don't think most of the time it work. as no body know which is low and which is high so prediction only the strategy in trading.
I usually book the profit immediately so that I should not panic during any level of price.
One more thing is I use to trade in my surplus amount (small amount only). So I no need to panic when my prediction goes wrong.
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Technology means todays invention tomorrow it is old so "CHANGES ONLY NEVER CHANGE" Mobile phones and the Internet are not changing it is already changed the banking process and it is getting more organized.
I remember earlier I have to wait in queues for hour inside bank to transfer money now it is mater of seconds because of mobile and internet only.
We have to accept the mobile apps in Bitcoin so that it will be more comfort and more efficient.
In future If (sure) Bitcoin itself convert its activity into Banking style that the real need of moble phones and the internet.
Expecting the best results in Bitcoin using mobile phones and the internet are changing the banking.
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I don't think Bitcoin will be paid as salary for a regular Job. due to its price hike and downs company cannot create the fund according to the current exchange rate as they need to re-budget it. which you cannot allot accordingly. So there this more technical / logical reasons which would not explained only practically faced persons.
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First of in this world no country is going to united with out boundaries so every country will have their own Identity through the countries currency only. So there will be no exchange income and taxes how you differentiates this basic things also not how we controlled.
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I am from India
I am interested pls. PM me
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Why does China hate Bitcoin because China is not befitted by Bitcoin they wont allow anything which they don't benefitted also they afraid of tax loosing if Bitcoin usage used by all traders.
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My opinion is "CHANGES ONLY NOT CHANGE" This quote is in tamil "matram ontray marathadu" so we say Bitcoin will be there after 100 years but for sure there will be lot of changes advanced things can be added with Bitcoin.
Bitcoin is very energetic and very young so it has more and more potential to go beyond 100 years my expectation is will stay till the earth is alive.
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Bitcointalk username: JTASSOCIATES Rank: Jr.Member Current post count: 59 Bitcoin address: 14F4PfKy4pGcEhvMfn2tjhjGXwr2R4mYYx
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Government don't make Bitcoin illegal world wide because it is not deal by people with government it has its own was through internet. If one country ban you will go to the country who accept Bitcoin so you cant control it. That's the reason it wont be illegal anymore. GOOD LUCK EVERY BODY.
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