I don't think so especially in third world countries where people don't have access to the internet will never know what bitcoin is and how to use it, the existence of fiat will always there.
That might change in the future. Already many countries have access to a small supply of wifi. I think it is our responsibility to spread BTC around the world. If by 2022 no one knows about BTC we have no one to blame but ourselves. It is not in our hands that technology in other countries have not catch up yet. There are just really some poor countries and bitcoin is not for them. But if in 2022, all countries in the world have access to internet, then maybe bitcoin will be.well known to all people on earth. |
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offer a service or sell something to people, money doesnt come easy man you gotta work for it
Offering a service is like a job though, OP talk about doubling bitcoin. I think gambling is the easiest way to doubling your bitcoin, it's really risky but it's the easiest way. You can say gambling is easy money but it is not a sure thing. You can also easily lose money in there. So instead of doubling the bitcoin you got, you'll be losing them. It is better to work hard and earn bitcoin the hard way. It is safe, sure and no chance of losing. If you have a stable gig in bitcoin, you'll doubling what you have in no time. |
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Yes I still believe in Bitcoin and that is because you also can see now that there are more people that is going to make an investment in Bitcoin so that would be perfect.
But it is really hard to make profit now around this time because it takes time to rise and that will not happen soon.
You.cannot say that it will not rise soon. Halving is just a few months away. If that happens, there will be major movement of bitcoin price. You should enter in bitcoin now or buy more so you can ride the price movement when it happens. It is better to be prepare than sorry. |
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Its hard to believe that bitcoin can make banks disappear in future, banks will always survive as majority of people are dependent on banks for their transactions.
Yeah, but if in any chance it may happen maybe not in our lifetime. It will be in a distant future when all fiat have collapsed and what is left is cryptocurrencies. We will not be needing banks anymore if all that exist are cryptocurrencies. I think it will be a better financial status because everyone is equal and no currency is better than the other. |
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i have just been tranfered in my company to another position and it's hard now. i may think again and hope there will be a bitcoin way for me to escape this job. feel really tired.
That is hard. It is harder to work if you do not want your job. If you can find a good paying bitcoin job, it is better you quit and focus on bitcoin. If you are good in bitcoin trading, I think income there will suffice to support your daily need. If you have luck, you can even earn more. the path you draw has been paved with too many 'if', too dangerous. i don't dare follow it, my life has been set, i can't just completely change it, reset everything. If you have a good paying job then you should never think of getting full time on bitcoin, and you can work on bitcoin anytime so you can manage that even with your job. Doing a full time day job is good if you have a good salary but later if you really not into it you will become bored, as an employee you have no freedom because your time and your performance are controlled by your employer, if you maximize your performance the company will benefit and you just share a little. However, if you are good in bitcoins then you don't share your profit cause that all for you and not even taxable. That will happen if you don't want what you do in your job. If that is not your passion, then you ill easily get bored and quit your job. If you are just in for the money and have no love for the job, every thing you do is a task. It will just be the same with bitcoin. If you are just for the money in bitcoin, then you'll get bored with it too. |
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I like bitcoins a lot, paper money is very risky especially when bringing it in a dangerous place. I think the world is a better place to live if we all go digital. In that sense we could easily track our expenses and even required the government to give us the information to track public spending.
Even I like so much pal, The future of the paper money is pretty bad because everything is gonna be digital so that is good for the bitcoin but bad for the paper money. Paper money will never extinguish but the use of it for sure will be decreased in the next years. I see no decrease even for the next 50 years. Paper money will still prevail and all kinds of transactions are possible in paper money rather by bitcoin which you only have the ability to accessed it by online. But I think the usage of paper money will be decreased in the next 50 years as the percentage of people who constantly have always paper money in their pockets decreased or at least the level of money they use decreased. That is quiet possible to happen but the major issue is we don't know whether bitcoin will survive for next 50 years or not, if its alive then people will prefer to use only bitcoin. Bitcoin will survive even after 50years. People are now realizing the value of bitcoin so they will be more involve. Besides , bitcoin already.survive this far and bitcoin was not yet known before nor it have a good price yet. Bitcoin will continue to survive especially now that it is stable, good price and used by many. |
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Around this time it will be not that bad if you are making an investment with Bitcoin because the value is not even that high and the halving is also coming towards to us.
So that is nice but it have to change also because the value of Bitcoin must be also higher soon.
For me I like to do both at the same time, who pick one if you can do both. Saving you money is allot saver then investing it because you have not chance of losing money. When you invest it there is chance that you will not get your money back. You actually need to do both. You need to save money first to have a starting capital to invest. Without saved money, you cannot start an investment especially what they are mentioning in posts prior this one, real.state. also save for emergency purposes. |
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To save money is not that big of a deal but it also depends on how much money you are making. If you make more money you can make more that is just how it is. But always try to put some money on the side if you have made some money.
Whatever you are earning you need to keep certain percentage of amount aside on regular basis, as it can be helpful to you at the time of emergencies. Yeah,no matter how small it is as long as you continuously save a percentage of your earning it will be big someday. Just save the amount and someday you will have emergency fund and next is investment fund. Then you will have more money and you will be financially sustained. |
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Sure i am believe on it, cause price is stable for a long time and it's perfect, also price will rise soon i think and after halving too, 2016 is going to be a year of bitcoin.
Till date the year has been too boring for bitcoin, price got stuck at same place for really a long time and now its rising very slowly, so I don't think this year will bring some good news. It will bring good news eventually. We are not even half of the year and halving is just a few months away. Price will move and it will be exciting again to trade and earn in bitcoin. Just wait a little bit until halving is over and you will be busy monitoring bitcoin price again. I believe this will happen so I have my full faith on bitcoin. |
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If that happens, I think bitcoin and gold will be more valuable. As dollar value decreases, bitcoin value increase. We will be shifting from using fiat to using cryptocurrency on a daily basis. That will be good news to all early adopters. They will be millionaires if that happens. But I think the economy will be greatly affected and mostly war because there will be shifting in power.
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If some one is asking how safe an investment is, then I think he don't understand that investment. Same with bitcoin. If you are asking how safe to invest in bitcoin, then I believe you do not still know the value or at least understand bitcoin. Then I advise you should not invest because you should not invest on something that you don't fully understand. You should decide that on yourself and save yourself from blaming others if your investment fail.
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I will not only sell if bitcoin if it can be used as easily as fiat. That means, if I can buy candies on the streets using the bitcoin I have on my mobile wallet. Otherwise, I will still need to convert it to fiat even if the price reaches 10000$. Even if you say it is counter productive, it still be a necessity to convert or sell bitcoin. Not all, but some will still be converted to fiat.
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i have just been tranfered in my company to another position and it's hard now. i may think again and hope there will be a bitcoin way for me to escape this job. feel really tired.
People who are not satisfied with their jobs will prefer to get full time on bitcoin as bitcoin allows them to work on flexible hours but you really need to earn a descent amount in bitcoin to quit your job. that's exactly my problem, i don't have anyway to earn a descent amount in bitcoin, so it's quite risky to quit my job. i'm stuck with my job. people around me think that i'm in good position and i'm sure no one will stand on my side if i quit. they don't understand me and don't understand bitcoin. Then find a new day job that you like and will satisfy you. You don't have to be confined on a job that you don't like. Since bitcoin can't help you because you still do not have a good income in bitcoin, replace your day job with another day job. While doing that, do bitcoin and earn extra. Though small, it can still help in your expenses. |
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Yes I still believe in the bitcoin because it has a good future if you ask me, it has the halving and the growing part and that is why why should believe in it.
Why would we not believe in the bitcoin because it has a good future and what more do we want right now ? I'm also believing in it and I think we all need to believe in it. Believing in Bitcoins will be now the best thing that you can do and that is because you already can see now that Bitcoin will be more used and acceptable so that is nice. We have now to wait a longer time to that the value will be more worth so please have patience for it. Yeah, bitcoin have a continuous growth of user base. And soon the price will also increase because of halving. So there is no reason to doubt bitcoin. The price will continue to rise and stabilize while there will be more adapters and merchants of bitcoin |
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Hi secondstrade. I regret to say that I am now leaving the campaign. Thank you for the opportunity to work with you. Good luck and God bless.
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I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.
Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't. But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to other investments that would really help your investment. If you invest on multiple investments, you are diversifying. You minimize your risks if you do that. If one investment fails, the other investments can cover for the lost money of the failed investment. It is better than just putting all your money on a single investment. If that investment fails, you have no other source of income to recover the lost money. |
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1 word => That's impossible.
Banks will forever be there, they're not going anywhere.
I believe that also, but I think there would appear a bank for bitcoins. Bank bitcoin maybe not just digital bank, but physical bank either like other bank the usual way we are using and know it. Banks won't disappear and will be always there as long as there is a cycle of economy in the world. You will not be needing a bitcoin bank because you already have it in your wallet. And having a bitcoin bank is just an added hassle. You need to submit documents which compromise your security and anonymity. We are good the way it is. And fiat bank don't have to disappear too. It is a good source of income trading bitcoin to fiat and vice versa. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
personally i don't like investing my money to lending or gambling or other sites as they are usually very risky, but gold actually might be a good thing to invest as gold price rises now but it is also good to save money just i would save them in bitcoins, because of random and not random price rises, after them i usually get lots of profit just because i had bitcoins before It is up to you where you want to invest. There are a lot of investment that you can choose from not only bitcoin, gold or online investment platforms. Just choose the platform that you are comfortable of the risk level and the interest or return you get. |
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i have just been tranfered in my company to another position and it's hard now. i may think again and hope there will be a bitcoin way for me to escape this job. feel really tired.
That is hard. It is harder to work if you do not want your job. If you can find a good paying bitcoin job, it is better you quit and focus on bitcoin. If you are good in bitcoin trading, I think income there will suffice to support your daily need. If you have luck, you can even earn more. Life cannot be lived only by depending on luck, its something like you are gambling with your life by depending only on trading or bitcoin, its always good to have a full time job that gives you stable income. But if you are not happy with your day job, then it is better to leave it and find something new that can satisfy you. If you are happy with bitcoin then it is a better job. You just need to find a steady bitcoin job that pays well. But if you are happy with your day job, there is no reason to leave it. |
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I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.
Your opinion have the point, but don't remove the possibility of getting rich with bitcoin. But the people who doesn't have big capital for bitcoin will have trouble in getting rich with it. It is hard to get rich in bitcoin without large capital but it is also the same in fiat. It is hard to get rich in fiat without a large initial capital but many are still getting rich, rags-to-riches. It is the same with bitcoin. It is still possible to get rich using bitcoin. The question is finding the right method to do it. |
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