Spending directly with bitcoins is not an option in india .people dont even know what is bitcoins and the price of bitcoins have gone down and i dont see so much potential in it .
the same as in the country, to conduct bitcoin direct spending, it will even sounds impossible. because there is no store that accepts bitcoin as a payment option so usually we convert bitcoin to fiat for shopping |
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Just invest it. saving won't grow your money but investment can. And there is sure chance of getting better outcome,as bitcoin value is increasing by time. The past statistics says so.
in my country saving money in bank can get return, and competitif return too iam saving money in bank can get return 8%/month is very small, if want big return money to use investment or busness Are you for real? That was a big amount of interest, where are your bank getting the amount they pay to it's depositor? Comon man, don't say anything without any valid support, what is the name of your bank? it's very impossible that bank offers that kind of interest on deposit rates. I'm sure if he is lying now. i don't find any bank which willing to pay their depositor with that high interest in monthly. Usually when you are investing your money in bank, the highest interest you will get only 2-3% annually in bank. 8% in a month is too crazy I think there is no bank that would give the annual interest rate for customers who keep money in the bank. usually the bank will give you a few percentage points may be 1-3% annually for each customer |
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maybe because they believed that someday bitcoin value will increase up to 2000$, though right now is 1000$, but nothing is impossible if the demand of the community will be in high volume, due to its very unique concepts of bitcoin.
one of the reasons users hold their bitcoin is none other than to wait for higher prices. or wait for the price to their liking. that is the reason most users hold bitcoin |
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There are many Differences in trading and investing but in investing you have to wait more and should be very patient because once you send the money you have to wait what will happen with that coin or conpany.
yeah investment usually takes a long time to gain an advantage or requires a long period of time to get a payout while trading requires a short time, because only drive up prices |
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People keep saying btc is dead because they make speculations that its dead so that it make consfusions to those who wants bitcoin price to become lower and if people were confuse they will sell their bitcoin, and then good profit is earned. Don't trust all speculations because its all fabricated for personal purposes and not for the best of all who will be benefited by bitcoin.
may be of interest people do that like make other users into a panic or want to see bitcoin be dead. but I think the speculation as it does not have much effect now |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
well if what they said is true well I think that all of the people will use it, I mean they don't have a choice since Fiat system is already gone I think it would be quite impossible bitcoin could destroy the system of fiat, you should know that the fiat system is already there from hundreds of years ago, and is rooted in all levels of society. bitcoin might only be an option for the fiat only |
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I think that if you can take the time to study the market, chances are good that you get that amount. However, as in any market, you need an initial investment to start trading. If you do not have the money needed for this, I think first you need to find a good source of income.
Trading will provide enormous income if you are already an expert in the trade, there are many things to be prepared anyway to begin trading as mental, capital, expertise and so forth, make sure you have it |
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Because every day more people starts using bitcoin and price will go up steadily with ups and downs.
true to start many new users in the adopter or the bitcoin will increase demand becomes more and automatically bitcoin prices will rise, so bitcoin has great potential |
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Laundering can be done through any type of currency especially with bitcoin, because bitcoin is biggest value coin where huge money can be transferred in single transaction through bitcoin, but it is not possible with fiat currency. Bulk transaction can be easily identified by banks, so it is very hard to transfer bulk transaction with fiat currency.
Are you sure it is impossible? There are maaany ways you can do this with fiat. You do not need to carry a million banknotes in a bag in order to transfer $1.000.000 to someone else without anyone knowing about it. But criminals existed even before Bitcoin, so it's certainly not the only way to launder money.. That true, not only for bitcoin that you can launder money. But now, with bitcoin it is very easy and anonymous that is why there are many transaction in dark web doing illegal services to selling illegal substance and bitcoin is payment. I think the most easy to use to commit money laundering is bitcoin. but to start well-known and widely used. but bitcoin has features such as anonymous it will give a plus |
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I think any bank will not be accept bitcoin because it is an alternating way of income which is hidden from Government.
I think it is only with the bank. bitcoin users can monitor the government in detail. when banks accept bitcoin, bitcoin course when users join the bank will provide the data themselves verification requirements |
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I think the best place to investment bitcoin is lending website such as btcjam, some time ago I also invest in poloniex and lend 1, 5btc, rate is indeed low, but instead the unused funds are better stored in poloniex so it can grow.
I think you have to be careful when trying to invest in or lend to someone in btcjam. because a lot of users there who uses false data and will probably do scaming |
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How do I get the bitcoins from China cheap? Like which of the exchangers is best know for cheaper coins
I think every exchange in several countries differ in price, because arbitration. but the difference in price will not be too big, just maybe bitcoin prices in China could be higher or lower |
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Bitcoin was great and I hope it is used by many people and many countries I believe it will happen in the future ,but maybe it will happen for a long time. I hope that one day he will become a global currency
bitcoin technology is pretty good but would need some improvement. but I'm sure there will be many people who will adopt bitcoin and probably also some countries as well. maybe a few more decades |
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There is no future for fiat money,paypal,skrill,perfectmoney,payza,payeer,payoneer and and other fiat money online wallet there are past.There is only future for cryptocurrencies which everybody almost likes  nope I think the future of the currency will remain on fiat, of course fiat will make a version of the currency in accordance with the times such as virtual currency. |
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Both trading and investing are good options but you must be careful since there are so many scams around and due to the nature of bitcoin transactions once you send your money there is the chance you never see that money again.
I think the scam will only happen on investment. it is the risk of loss of investment apart from the inside. for trading, which may be a problem is the change in price is not what you expect |
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I think trading is good why? Because trading helps your bitcoin grow buy altcoin the price is low and sell it when the price is increase. Investing is not good like investing in hyip/ponzi loose your bitcoin . investing in ICO and gambling site it can help to grow your bitcoin a little.
trading = store value in short term , investing = store value in long term , both are pretty similar but i do like to invest more although i do trade too , trading cost a lot of time when investing not too much, just waiting and even forget it for future. Both are risky and in both you can't just put money in it and do nothing more. As trading as investing both are work. I think to decide what is better for you - you need to try with part of your wealth one and another and decide what you like the most and where the profit is higher. investment risks which vary depending on the type of the investment itself. better not to use all your money on something risky, use of safe and maybe a few percent to the risk method |
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When I first started about a year ago, I bought some and thought of investing, invested in cloud mining (hashocean) lost all of it. And learnt a valuable lesson.
After that its only bitcointalk so far...
the bottom line is all that is in the world bitcoin, both methods get bitcoin, and the other two are all at high risk, because bitcoin decentralization so you are fully responsible for all the things you do. |
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so many ways to generate free bitcoin, but it requires an Internet connection. Well, faucet be an option for any beginner to get bitcoin. it is not wrong, if you're able to take advantage of it, you might be able to collect and make a lot of bitcoin by way of trading, or investment from the faucet that you collect.
of course you need the internet to get bitcoin, even to use bitcoin you need an internet connection. I think the need of capital investment and trade, and it was not free, one free method that is faucet |
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it is very difficult to find the number of people using bitcoin or how many people have open wallets so far because many user have different wallet address so it is difficult to ans such questions.....
even though the number of wallets will not be counted, so I think there is no urgency to calculate total bitcoin users. you will only buangh your time in vain, only to things like that |
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yes, paper money will be extinct, but after we all became biorobots. and this is near.
Well i actually agree that the only time paper money would lose it's function is when there are no people anymore uaing the current exchange process which is pretty much impoasible. Though you kinda went to far there as i don't think it can happen anytime soon. Not in our generation nor the next two more I also agree with you, paper money will be lost and replaced by the next generation of money, but it will not happen in the near future, perhaps some decades to come |
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