Yes!!!
Bitcoin is the new currency in the internet because it gives us an effective way and also an opportunity to make a money by the use of internet.
bitcoin for online payments can be said to have a good future. due to start many Internet users are using bitcoin for their payment. and much remains to accept bitcoin on the internet |
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I do not know what the problem is in bitcoin. I do not really know much about the system in bitcoin. when I do a bitcoin transaction I had to wait a long time for the transaction can be confirmed? could you explain for this problem ?
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For now i choose bitcoin the price of bitcoin now is more than a gold. So bitcoin is better for gold but if choose for a long term investment i choose gold its better to keep it for a long time.
I thought the price of bitcoin is still far below the price of gold. but to potential future bitcoin. bitcoin is certainly superior. gold will not be able to have the price of a 2-fold in the future but bitcoin can do it |
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I can say only one thing about that to be honest, and I am pretty sure that I will be right about it: if you really want to make some good money out of bitcoins, then just hold it and eventually you will become rich.
It can't make me be a rich person. I just hold a bitcoin and does it makes me rich in the future? because we need to do an effort to become a rich person. But with a lot of the capital and hold bitcoin is the right way. I completely agree - Bitcoin is the right way. After a few years the price will grow significantly. This will multiply our capital and make a good profit do you know that the price can also go down really quick and not only up? History has also shown that after a big growths come big drops, so I would not put in too much hope into coming rich out of holding bitcoins. prices could fall at any time. That's why you must have a high sense of patience. because bitcoin prices are very volatile and may go down very quickly and rises slowly. the point is to be patient |
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Most of the governments will not accept or bitcoin as a common currency but instead they regulates it to prevents money laundering and other illegal purposes. Some are officially recognized the bitcoin as a method of payment like what the philippine central bank done but it is not considering bitcoin as a currency.
simple if you want to make bitcoin accepted by the government. you have to make bitcoin can be controlled by them or make bitcoin be centralized? is it impossible? maybe |
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yes for now bitcoin is not everywhere yet like you said it's because not all people know about it
and for your question what the kind of everyday life needs which will adapt bitcoin
the answer is gambling, everyday bitcoin user who love gambling will use it to gambling and the second is online shop
yeah true. before bitcoin users scattered around the world and spread to remote villages. I think bitcoin not be everywhere, probably just in a few places. which are the basis of bitcoin |
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Why telling to folks to never sell their bitcoin ? Bitcoin is a currency and shall be used as it is. If everyone were holding the bitcoin and never sell, then the situation would be different from how we know bitcoin
maybe the question is bitcoin users would not sell them before the price according to what they expect so that they can be profitable.. |
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In the future, paper money will disappear, it will be replaced by another currency. In other words, paper money will become worthless because many countries print more money to stimulate the economy, the value of paper money will decrease serious. And i think electronic money will be the main currency in the future because it safe, fast and ensure transparency
paper money will not be replaced with another currency. paper money only will rejuvenate become more sophisticated and more flexible. The new version will be even more likely to be digital |
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Maybe 5-10% by now. But in 2020 it will increase to 25%. Cause not all business are still not accepting bitcoins on that time.we need 50 to 100 years before people will accept bitcoin.
Who says that 5-10% or world's population is using bitcoins right now? That is a really huge number and i don't think we can even reach that till 2020, and if we could reach 5% in that year then it would be a great success for bitcoin in my opinion. Don't consider world a country. Perfectly right. People in internet who knows about bitcoin will utilize and spread it around the world in some months if the 5 % people are using it. We could say in 2020 may it reach to 2 to 5 percent people. bitcoin became famous around the world and increasingly popular on the internet. bitcoin very rapid development. probably every day bitcoin have extra adopter. so I'm sure in 2020 bitcoin users will reach at least 5% |
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OP has a point here but for people who has no access to credit card, bitcoin is a sure way to transact online. Not only people without credit card but people who are after for anonymity are using bitcoin. In bitcoin, anyone can owned and flexibility is a big issue here.
bitcoin different from a credit card or other online payment options. so if you own a credit card though. highly recommended to use bitcoin. because its function is different from the credit card or other online payment options |
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I use a web wallet (blockchain) and a desktop wallet (multibit)
I'm a little uncomfortable with the fee in blockchain. I've been using a fee that is quite large 0.0005 BTC. but confirmation still very long. and it makes me very upset. whereas using another wallet fast enough |
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The actual economic situation used to be quite poor after the 2008 Crisis, but this have been greatly enhanced. It is not perfect but this is not critical.
I think the economic situation in each country is different. possible crisis in a country but does not give effect to the economies of other countries. economy in the country can be said to be stable. |
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Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Because many investors are coming into bitcoin system. Actually, there many big companies are now accepted bitcoin in different countries, like in China, Australia, Europe, Singapore, Korean, Japan, and other's. and the people's demand now is high, so no wonder why the price is like a skyrocket.  bitcoin has not spread throughout the world, many people in various countries began to recognize and use bitcoin making the demand to rise and the price is also automatically rise |
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Fiat is the one that has given the best financial service for all our needs. If fiat is not there the system will collapse entirely, so fiat will rule the world even when bitcoin and other currencies increase in acceptance.
you are right that at the moment fiat is the best financial system though in the future all the things might easily change, I think that bitcoin will be a national currency in the future. Bitcoin is already a global currency, but bitcoin cannot take the place of fiat currency. Fiat currency is ever green currency where we are using it from decades, fiat currency is the majors aspects in human being daily life. Through we have many option where we can use it for all needs we have. yeah although bitcoin became famous and popular though. it will not make bitcoin replace fiat. fiat is the main currency of each country. and is used by people around the world. That's why I believe in fiat |
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bitcoin is digital money , real money just have fixed value in their country so its not profitable of all you turn your real money to bitcoin even you know the management of your profitable from bitcoin  Fixed value is not an advantage. Exchange money is still needed for real money(fiat) transactions. so bitcoin is more flexible to use than fiat. although the price of bitcoin now is not stable but still good for investment. to issue real money can also be flexible. but for remote transactions. bitcoin certainly more favored than with real money. because digital money can be used wherever and for a great distance even |
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I use a web wallet, and for me, it's a comfortable way to use money.
I think the most easy to use, flexible, cheap, good security. is using an online wallet. using an online wallet you can get it all dude That's why I use the online wallet of a few years ago until today |
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Yes paypal is very strange. I lost many $$ due to their 180 days limit luckily we have bitcoins now to avoid problems.
I think if you were to obey the rules of paypal and do not violate tos from paypal. of course they will not do freezing and limit on your account, I was 5 years using paypal and I'm still comfortable to me i personally have no idea about it. in fact i never use payopal in my life time and the only reason is that the service of paypal is not present in my areas. i think paypal will not be scam because so many people are still using it and so many online shops are also giving the facilities of using paypal of payment method. I think sometimes you have to try to use the services of paypal. so you do not say that paypal scam. if true paypal scam of course now there are not millions of people using bitcoin |
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Many people would like to have the choice, to deal with banks or not. Unfortunately that is not often the case and many people have to do business with banks and rely on them because Bitcoin is not so widely accepted and regulated. We all hope this will change in the future.
yeah, but it will be good to be carefull to invest your money in banks because this is an example of kind of crime bank can do. however, bitcoin comes to defeat the system of banks. so just use what you prefer. I want to ask you. what crimes committed by the bank? I think the bank is very much help to conduct transactions with ease. even to withdraw your money from bitcoin. you need help from the bank right ? |
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if i have 12 btc,i will save 6 btc in wallet to wait the price up,and other btc to invest in adlcoin.
maybe this is be the right choice to secure the 50% to be stored and held it to avoid risk. and 6 btc other you can divide into several investment or other growing methods that is profitable |
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I first heard about Bitcoin from my friend, he was all ready using it.
And he told me that it is a better safer way for getting and sending money.
to send money from one country to a place very far though bitcoin is a good method, simple and cheap. but at the moment I can not say it fast. because it takes a long time to wait for confirmation |
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