I don't think it will be popular, I'll leave the bitcoin because the same as real money, real money is even better because there is no need to exchange the exchanger bitcoin.
I agree with you, let alone most users are investors and traders. Of course they will not accept if bitcoin prices become stable. Because it will not give big profit to them |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
Yeah bitcoin development can be practically run smoothly, many people start using bitcoin, including institutions. But one thing is for sure. Anytime. It would be impossible for a bitcoin to have an entire human user |
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Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
If you are a hater it might be very good if you go deep into bitcoin and work on bitcoin, of course it will be very good because there are many easy jobs here like faucets, ptc, pay job, giveaway, etc |
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My biggest mistake was to hold for so long. Now they were all stolen(, and the remaining 4BTC wallet identifier is lost). But I DON*T GIVE A FUCK.
My bitcoin was also stolen, but I kept it in a short time. The point is not how long you keep your bitcoin. But you should be able to keep your wallet safe. Such as adding authentication. It will get better |
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bitcoin is money . you earn btc and spend it. now a days btc is world currency. any people can use btc and earn profit.
You have to give a reason that makes bitcoin different from others including different from fiat. You can say that bitcoin is anonymous and decentralized. You will gain real freedom |
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I choose bitcoin because it is not controlled by anyone and allows you to get extra income. With good development, you can improve your investment well.
And what makes the most different from others is the digital bitcoin form. It makes bitcoin easy to store and carry anywhere. I think digital is better than cash #imo |
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With the value of bitcoin and rate which bitcoin is excelling, Yes bitcoin can make banks disappear, more people are getting involve with this virtual currency bitcoin. I think bitcoin can give the banks a run for their money.  Lol but in fact after they buy or sell their bitcoin and then they get a profit. What are they doing ? They withdraw their money from bitcoin to bank Lol |
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As far as my country is concerned there is no bank that accepts bitcoin and I don't see it happening even in future as the government of my country will never allow that to happen.
Yeah until now I have not seen a bank accept or adopt bitcoin. But that would be great when banks and bitcoins work together. Of course you will no longer trouble |
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another reason why the price of bitcoin matter is, for miners
with better price the asic will cost less, which mean that more people are willing to invest in mining and increasing the security of the network
Whatever you use using bitcoins. Then the price will always be in need. Including when you use for mining. I think the high price will provide greater benefits |
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I think this idea will inevitably come to reality, only a matter of time. If we want btc to be a legal tender then i think there's not two ways about it. It'll certainly be a great thing, i fear though that once regulations and governments get involved on a general scale, it may not be as much fun as it is now.
To make bitcoin legal. Then there must be a third party that can make a bitcoin user can be controlled. Using bitcoin bank then the user can be in control and it will be a positive signal for the government. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Currently, it's better to invest online in bitcoin. rather than on gold you should prefer bitcoin for this purpose. i think it is way better than gold and gives you profit on the daily basis. i think gold has its price almost stable and bitcoin's price is keeps on rising and falling. i think investment in it is really better than gold. True with bitcoin you can get a daily profit. Because bitcoins can be used for short-term investments. Instead of using gold that has to wait a long time to profit |
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Panic selling do only happens commonly when price of bitcoin sudden dips down again and for those newbie holder do panic sell in able to cut loss but in reality they lose always on negative thats why theres no point on panic selling.Instead of doing it better to hold it off than to sell just to cut loses,knowing bitcoin it do really drops it price but still it recovers.
I think not just at the price down course, panic selling happens. But when prices go up high though. Most users will panic selling so they can get a big profit |
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It is rather not advisable to leave a job because of bitcoin, earning bitcoins is just an alternative source of income but earnings generated from bitcoin is not much and may/ cannot be used to sustain a family but can be used to offset some minor bills.
But if you do not have any work in real world. Not a problem to work and make bitcoin as the main income. Because there are also many people who depend on their lives from bitcoin |
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If the politicians enters in the world of bitcoin, I think there is a chances that bitcoin can lead to corruption. Even there's a chance the corruption of bitcoin, it will never be happen anymore because developer would not want it to happen because they know that bitcoin corruption can lead the bitcoiners to quit using bitcoin.
Anyone criminals or corrupt if they already know the anonymous and decentralized advantages of bitcoin. They will surely make use of it for illegal activities. Such as money laundering |
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I think if a country take advantage of the potentials of Bitcoin, it can help the economy of a country. Simply by legalizing Bitcoin or acknowledging it as money and encourage Bitcoin start-ups to start, it may attract lots of company and investors to venture a business such as exchanges or online shops based in its country. The government then can earn from taxes thus increasing the country revenue which can be use to enhance and improve the countries economy.
I dont think so bitcoin can never increse country economy ,there are many factor which affects country economy while bitcoin is anonymous and transaction is high ,it will only create problem for lower society people.if government focus on blockchain and use it effectively then it will help certain country to improve their digital resources management. Of course bitcoin provides a good influence for a country. If most people in the country earn a salary or income from bitcoin. Surely the country will get revenue from outside? #imo |
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I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
it will be hard for goverment to accept bitcoin goverment use fiat because they can get taxes they dont support bitcoin because there are no benefits bitcoin taxes go to miners As you know that bitcoin is decentralized and anonymous users. So it is impossible for the government to be able to give tax on bitcoin users? |
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The reason behind panic selling is that people lack patience and they get panic when they see price going down and start selling their coins at cheaper price and I think that is the time when we should hold our coins tight and wait for the price to bounce back again but generally people doesn't follow this simple rule.
It is not the patience that triggers panic selling. It is the lack of knowledge on what it is their holding. Lack knowledge meand lack of faith, and lack of faith means easily get shaken when dumps occurs, may it valid or fake dump. So the first move this people who lack faith is to sell their holdings the soonest the can. I think both also play a role in the panic of users, believe the bitcoin will also affect. If they believe in bitcoin. Of course when the price goes down they will not easily panic |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Well here is my opinion, if you don't want to gamble with your investment, Then invest in Real Estate, Its value will only rise, But the rise will be gradual and slow, Alternatively you can invest in gold again this is a safe option, But it has a chance to increase rapidly in the near future, The Down side is keeping it safe. Investing Online in coins like Bitcoins is bit risky, There are fluctuations of $10-60 on daily basis and you have a weak heart, I don't recommend you to invest large amounts which you can't afford to lose, But if have patience and take it like Real estate, In next 10-20 years you can expect atleast 10-20X of your investment and finally at last comes investing in banks, They are the least safe, As soon as general public becomes aware of the fraud they do only daily basis, It will go down in flames. Very Nice suggestions. I must agree with you. only very patience and highly calm person can invest his money in bitcoin. investment in bitcoin and waiting for 10, 20 years is not easy for anyone.. Yeah i think whoever you are. You are free to invest in bitcoin. But only a patient person can benefit from investing in bitcoin. Patience is needed in investing bitcoin |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
It is much better to invest than saving money, although I'm not saying its bad, of course not. it is just in investing you can get profit in ashort period of time unlike in saving money, it is not but in saving it is very safe than in investing. Yeah saving it on the bank will gain you but it's very low, it's like you save $1,000 there and you'll earn $1 or $10 if I'm right. But it's good to save some money in the bank because that will tell you on how wealthy you are and that is something needed by everyone of us. And if your focus is earning at this moment, then go invest. It's better because the risk is almost nonexistent. Saving in the bank will be the way out if you do not dare to invest. But want to benefit from save. You can keep all your money in the bank |
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You dont have to believe anythig they say here.
If you have your own speculation then take that route.
We have different ideas but some use it for their own selfish purposes and try to scatter a bad news.
Who does this? Those people who have a lot of power specially those who are known can make this and some might agree specially their own followers. You wont have to be like that. It is your own choice.
Yeah everyone is free to have their own opinions and preferences. If you hate bitcoin or do not like bitcoin. You are free not to use it .. no one forces you to do that. |
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