bitcoin create its own bank strongly agree, if can be reproduced branches in every country that a lot of users, let them find it more convenient to the real bank of bitcoin, it could add to the confidence of the people who will join the bitcoin users.
i agree with you that bitcoin created its own bank like we can save our bitcoin in our online wallet or other type wallet and i think save your bitcoin in your own online wallet is much more better than bank because bank has a high fess and charges. Yes, any cryptocurrency online system is a bank itself for them because every user of cryptocurrency has its own wallet and every user can access its wallet by himself and send and receive bitcoin and we can exchange it online so I too say there is no need of any bank for cryptocurrency or for bitcoin which is only such currency that I am currently using. |
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Everything that has a defined value is money. Bitcoin from the beginning has importance as a store of value. This when used for transaction purposes got authorized as a universal currency having different value on the basis of the country's local currency. As said it has a digital form, if it has got physical form at least it would have got used by 50% of the population.
Moreover I could not find any differences between medium of exchange and money practically when using. A medium of exchange is being accepted based on the assumptions of a definite value at the time of being exchanged. A money will not fluctuate in this case. Bitcoin is fundamentally a medium of exchange but having all the characteristics to suit as a money when we are agreeing some value at certain point of time. That's all. Bitcoin is suitable for being used as money. |
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That's right the price for bitcoin almost don't change for several months already, it hasn't such fast temps of grow as before. But I think bitcoin still has all opportunities for some serious grow that can double your money.
No bitcoin prices are keeping fluctuating every day so on monthly basis also you can find good price movements to make use of those fluctuations for trading. I have not noticed any change in trend of bitcoin and interest on it from people. So, it would be always good to tarde with bitcoin fluctuations. It is worth the time and analysis we are taking with. |
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If you want to get scammed very fast go for ICO and alternative cryptocurrencies education hassle, if you want to play smart and grab an extraordinary opportunity then just sell everything you've got in your life and buy bitcoins with all of it.
6 months from now you will say thanks to me.
That is true but friend how will a person survive if he sells everything for an asset that you also suggest to sell after 6 months, I mean the panic would be enormous and life changing plus we all need to fulfill our basic needs and hence quite difficult this. We all ( at least me and my friends ) knew that BTC would fly after the new year yet we didn't bought much. |
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Is possible to make decent monthly income from BTC trading but first you need to have in depth knowledge of how trading works, human psychology and also good start up capital. Trading Altcoins is also good too if you can add to your plan
Yes you can earn a lot through trading but first you have to learn the tactics of the trading. When you became experienced in it then it is easy for you to earn on the daily basis. Learning the tricks of trading will not be a big deal as we are having good free resources to teach us about it. This forum and youtube videos will do all the needful things to learn trading so quickly. |
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If i count my lifetime wagered amount in bitcoin gambling, then i did not earn any profit rather i'm in loss. But a person does not realize that if he is losing them not in streak, because i mostly lose after a lot of time so i just forget the incident and start gambling again after sometime. In 2017, i'm still in loss as i lost around $100 at starting.
Not just you, almost every gamblers stats will be similar like most of the money will weigh in the loss side alone. That is the real face of gambling, still we coming back to it just to change our fate by any means. I have gambled mostly on dice gambling and I never stopped it once after I see some profits hence I never was able to get chances to withdraw. |
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If you feel shameful, it means you did something wrong in the gambling site that are very embarrassing on which you don't like to know by your friends, relatives and special someone. So you keep hiding it to them  but if don't do anything bad, nothing to be ashamed with them. You can be shameful depending on your situation . For example you live in macau and everybody their loves playing gambling. No one is ashamed that they are gamblers , its just that it is depending on your situation. Yeah exactly true. In my country and more particularly in my city we all consider gambling as a criminal activity and in fact that is the reason why I prefer bitcoins as I cannot give my ID and other proofs to the sites like bet365. I cannot comment if this is right or wrong but actually we should reserve the right to spend our money the way we want. |
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No i won't for simple reasons, MLM is not allowed in my country and it can get you serious problems with the justice.
Secondly, you are just stealing money from the people who joined after you as you are paid with their money. You are using people to get you a profit on their back. And finally i don't like MLM, legit or scam
MLM is not legal in your country ? It is a news for me. Even gambling is not allowed in my country, I have seen networking and mlm schemes are popular in my country but I heard they are highly regulated. Even it is legal in my country personally I do not prefer working on them as my down-lines will blame me for just introducing them when they are not getting ROI. |
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Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
almost all member of this community are bitcoin believers or bitcoin fanatic maybe 1% are not, but those are poor in knowledge in bitcoin. Therefore, if you are here it means you are part of the community that had a chance to become a millionaires because of bitcoin someday. So you don't have to worry about it, just don't you ever forget to save bitcoin now, yes! start save bitcoin now... Indeed. BUy Bitcoin right now and you will collect a lot of reward in about 10 years later. Believe me. 5 years before, there was a guy who introduced me Bitcoin but I did not believe in what he said. Now, I feel very regret about what I did in the past. If I had put my money in Bitcoin, I would have be rich by now Not just 10 years from now, just a couple of months of now, I mean why go so far just look at the price and how much it changed, in less than a month the price went up from $780 to $1070, if that does not motivate you to start investing in bitcoin that what will ? Always believe into bitcoins, you will never get disappoints. |
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For me paypal is not a scam but it can be used by scammers to scam other people who are using online accounts for buying via internet. Most scammers sells goods offering cheap products that may attract buyers online and transact with peoples who cannot be trusted and then you could be their victim. If already have deal with them that's the time they require your paypal account for the payment and no products or goods are coming out to you and everything has not come out to reality as what have you negotiated with them by deal discussions through e-mail.
Well that is true, PayPal has had a really bad reputation these past couple of years even though people are still using it, the thing is PayPal has become easy to hack to and the best example for that is to look at how many accounts are on the black-market right now, it has no security, unlike for example bitcoins. |
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In trading, you can sell or buy what you have to gain. whereas investment, it may take a long time, and capital to make a profit. Well, both are similar, but with trading, you can control the advantage that you have, but the risk is quite high.
One thing about investment and trading is they both risky, when there a passive earning without putting hard work into it there has to be a risk involved in it, and I have tried both and I can tell you that you are better off earning money with your skills, rather than stressing yourself and leaving it to the luck. |
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Who said they return even 50% of the amount ? If they did that,people wouldn't be so insecure about ponzis.
They actually don't even give you back anything except false hopes.While there are ponzis that pay you whatever double returns but you can only cash out if it reaches a certain threshold.You will never have it though as the ponzi shuts down way before.
That is true cloud mining sites are mostly ending up in scam all they do is try to get you sing up and put your money into them with false hopes like giving you 50% your investment every day, and that is just a big scam because mining is not profitable these days, so never trust these cloud mining sites. |
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I think this is one of the best web wallet. And now I have an account, just for better, for development and more secure, please add for SMS verification, so when we send bitcoin is more secure.
For best security I suggest to use 2FA. I know btc.com about 1 month ago and I am interested to continues to use this wallet, I agree this is one of nice wallet. Seen from the features unlike most online wallet, just a suggestion, should also provide a different service that is able to withdraw the money directly to the bank account. As far as security goes it is good that they have tow factor authentication and that is what makes people use online wallets to store their bitcoin, but like said above try to make an option for withdrawing money, like making a debit card that can be used like any other credit card, I know Xapo provides such a facilty. |
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for me it was xapo because there are no fees , but after this bad news how tell us that the minimum transaction without fees it from 0.0003 btc  and from 15th feb i will change to other wallet without fees because i claim from faucets I think it is realistic, we can calculate if nominally less than 0.0003 is very small, thus making the people are free to send bitcoin although with small nominal. Of course, if a small transaction allowed it will be busy and make transactions could slow down the process of the transaction. I am use Xapo about 2 year and I will continues to use Xapo because I think it is one of the best online wallet. Yeah I also think that Xapo is the best wallet out there, I mean for many years xapo was paying for the transaction fees when you send them and they were the big supporters for new bitcoin users and faucets, so even though they are going to start taking fees it is still not that much, and they are so serious when it comes to security. |
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although it is just paying just a small amount at least it could be something to help people to earn some amount of satoshi, the website you have shared here looks nice but of course maybe it could be better for the people to wait until you posted an update before trying to use this site . anyway, I think this thread should be posted on Micro Earning section .
The amount that these websites or faucet give is not worth it, the amount they give you is so small and is not worth not even half a dollar even if you spend all day cycling through them, faucet are not what they used to be, they were good for a while because bitcoin was not as popular and expensive as it is today. |
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yes i accept it . bitcoin is popular in world that's why it has no proper price . many people buy and trade it beacuse they know other people surly buy and trade them.
I don’t think there is no proper price for bitcoin for that reason. I think people are using bitcoin and more people are coming in to the bitcoin industries because of the price so as long as the price keeps on going up people will still use it and trade it, higher price means more people and more people means higher price. |
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perhaps by showing positive activity against the government, such as creating a great business, and encourage people to use bitcoin. maybe so, the government will issue a warrant to make bitcoin be legal, and can be used for good business freely. Well, maybe it would work.
Maybe that is true, up until now bitcoin has been only used for activities that are not profitable for them like gambling and especially in the black market which not only destroys the economy but also enhance the illegal activities such as drugs hacking and even guns, not all of people using it use it for these things but the amount of bitcoin transactions made in these markets is huge that is why it is sometimes considered bad by non-bitcoiners. |
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it is the black part of bitcoin, so what we see is only part of the negative side bitcoin? I think it's unfair, let's look at other online accounts also applies to the other to commit money laundering, let's look at the positive side also without prejudice from the downside, back on themselves, respectively, what can we prevent it? I think it was back in the black side of the bitcoin users instead of bitcoin
Well bitcoin has been always a way to stay anonymous and use money on the internet without people knowing your real id and that has given the opportunity to hackers and drug dealers to use it as a mean to sell their illegal services without getting traced down, and ensuring that the money they get is also not traced. Still, all these are not just due to bitcoins. |
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It is not legalise in many countries
I think about bitcoins biggest disadvantage is that it value is fluctuating at a very high rate no other currencies value keeps on fluctuating like that of BTC ya it is true that people use this feature of bitcoins and make a lot of profit but still this is one of the major reason why he countries are not permitting bitcoins , they are feared that the economy of their native country will fall down drastically so they are forcing the merchants that they should not take payment in bitcoins in their county countries not accepting bitcoins is it the only major problem The nature of the bitcoin and how decentralized and limited made its price change constantly between high and low, this unstable nature made not only countries not accept it but investors as well not trusting it, and no investors means that we cannot use it as a payment method, but hopefully in the future it will become more stable. |
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Anonymous transactions of cyptocurrencies could increase illegal transactions. but, I feel that it is a common thing, in fact, almost all users cyptocurrencies already know it. but, since cyptocurrencies used for business, many people have turned to making the legal business of cyptocurrencies, and take advantage of it. perhaps, at this time, illegal transactions made using cyptocurrencies been reduced.
Do you think the illegal transactions were very less when there were no crypto? I don't think so. Criminals always make their ways of transferring illegal money.. I don't think Bitcoin or any crypto currency make it more worst. Well not that before cryptocurrencies there wasn’t any illegal usage of money but the exploit has risen compared to what it used to be, before you can easily track the money and where it goes to the government controls it, and that what made us switch to bitcoin so we can get away from their control but some people use that in the wrong way they use to make illegal transaction and sells like drugs guns and hacking services and the black market is the best example for that. |
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