So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?
Saving cryptocurrency is really good because the price is keep on increasing as the time goes by, there are a lot of people as well who are working on the corporate world and has a business as well and still they invest on bitcoins because of the profit that they can earn. |
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Based on the news, bitcoin might hit $50000 by the end of 2018. Is this possible? If so, what are the reasons?
It is very possible for cryptocurrency to reach $50k dollar since there are a lot of investors that keeps on coming in the market when there is a market drop plus those people who are very attracted to the increase of prices due to the social media's who are advertising cryptocurrency. |
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Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
The best thing to do is try to give information to different people in order for them to be attracted on cryptocurrency, the marketing system is really good since everyone is getting profit if they knew how to trade the right way. |
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I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
Yes bitcoin is very helpful to the economy. Japan today is using cryptocurrency in order to improve their own country so there is no doubt that bitcoins can really be helpful for everyone today. |
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hi peepz, we all know the declining price of bitcoin today since the start of this year, so i have made this thread for you to post ONLY positive things about bitcoin on how it affects your daily lives, please do sights some of your personal encounter using bitcoin in buying online or on a physical store if there's one. you can also post how you earn bitcoin using this forum.
if you are to post negative things about bitcoin, i believe you should not be here in this thread, there are other threads that tackles the disadvantages of bitcoin so please spare this one.
i believe that this should be helpful for people who have no idea about bitcoin. including newbies in this forum. who knows, maybe some smerit giver will read your post if it deserves to be merited depending on how helpful and informative your post is. so good luck to us all guys.
EDITED: please do not post statements that you agree on why i created this thread, what we need is the practical use of bitcoin today, just to avoid spamming posts that are already posted above yours.
Promoting bitcoin is very helpful for everyone since it only means that, the growth of bitcoins will keep on improving and social media's will also advertise cryptocurrency through ico campaigns so we can expect for the price to increase even more in the future. |
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There was a kind of 'Black Monday' in the US Stock Exchange. The Dow Jones Index fell 4.60 percent. A daily loss was the strongest drop in Wall Street history with 1,175 points. Panic sales jumped into the world, the Japanese Nike index dropped by 5.5 percent ...
I do not particularly like to give disastrous news, but the crisis is in the doorway ...! The American Stock Exchange has not experienced such a decline for a long time.
Is this situation the signals of the crisis or is this crisis going to be skipped in a short time?
We are all waiting with curiosity ....
I do not think that block monday will affect the market of cryptocurrency since they are both different concept, if the market will decrease its prices then the best thing to do is just invest a huge amount in order to earn more profit when the market goes back to normal. |
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If all paper money were change into Bitcoins, can it be access and use by everyone? how can the beggars access Bitcoin?
There is no way for beggars to access cryptocurrency because it was digital and beggars do not have computers and wallets where they can get bitcoins or any other cryptocurrency. |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
Cashless society is really nice to be implemented since the transactions will be easier and much faster more than the usual process and i think that a lot of companies will also agree in this great idea. |
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This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's
Government should not place tax on cryptocurrency because the popularity of bitcoins is growing due to its freedom from the government, another thing is that there are a lot of investors because of social media's who is keep on advertising different ico's. |
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There is a huge chance for cash to be extinct in the future since most of the people today are investing their money on cryptocurrency more than placing on banks since the growth of bank companies are really slow and you cant get rich immediately. |
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
In my own opinion, bitcoins stability is not important because the volatility is what makes the price of cryptocurrency become very profitable and the traders also like this kind of precisions for them to earn a huge amount of profit. |
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What do you think about this possibility ? Would you invest in your government currency ?
yes they can create their own cryptocurrency if they are just interested on it as well, japan today is using bitcoins to improve their own economy and i hope that everyone should have the same idea in order for their country to have a better industry. |
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It was a very good thing to here that there are a lot of people who are interested on earning cryptocurrency today and because of that, there are even work from unversities regarding cryptocurrency. |
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At the moment I prefer Bitcoin, but I am looking for an alternative. Can anyone suggest me some alternative cryptocurrencies except Bitcoin ?!
P.S: I'm so sorry if I post this in the wrong board but I don't know what is right board for this question. If I post this in the wrong board, please move it to the right one, thank you.
There are a lot of cryptocurrency in the market today but i prefer investing on altcoin just this year because of minex coin, mnx coin has its own bank and it was very profitable by holding their coin and waiting for it to grow that's why i keep on investing on this coin still. |
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Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Those who invest a huge amount are already paying a decent amount of transaction fee and if you are going to send it to another wallet then you need to pay a transaction fee as well so i think that it is already enough to compensate with the regulations. |
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There was a time where Bitcoin was not even on the radar, it was a novel idea that was primarily used by thieves and drug dealers on the dark web. Nothing to be afraid of in terms of holding a monopoly on money. However, that same little upstart is now disrupting the system of things; from Bitcoin and other cryptocurrencies, ICOs and the ever impressive Blockchain technology. This is now a legitimate threat on traditional banks. Banks have existed unchallenged for hundreds of years, and that is the key issue here; Bitcoin, backed by a solid platform such as Blockchain technology, is a ghost that is incredibly hard to control due to its decentralized nature. The power and control of money is being ripped away from traditional institutions, which can also be seen on Wall Street. Some of these traditional investors are siding with what could be the future, while others vehemently denounce it. Individuals can now enter into direct peer-to-peer trusted exchanges with strangers. They no longer need a central institution to vouch for the other party. Just like the fax machine, the library, even metered taxis, new technologies have come along and made others obsolete. Banks are now in the sights of Bitcoin and are in their death throws, as they lash out with the power of states behind them. However, there’s no stopping progress, and even with state-backed regulations trying to wrestle the money of the people under control, banks have every reason to be nervous. Full news https://www.cointelegraph.com/news/why-big-banks-are-so-nervous-about-bitcoinMost of them are really scared to lose a huge amount of investors in their business because people are preferring to invest on cryptocurrency today since every social media is advertising the price that catches the eyes of the community. |
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I have read many posts of people saying they are sorry to have missed Bitcoin. But I wonder if they realise that there have been more than 20 trains out there that could have made them millionaires. They have managed to miss at least all these, some of them as recent as July last year. It is not that you missed Bitcoin, is that you (and I) just missed many many others  NXT 2013-09-28 +1084215% IOTA 2015-11-25 +418179% Neo 2015-10-01 +354482% Ethereum 2014-07-22 +265772% And the recent ones... Populous 2017-06-24 +12181% QTUM 2017-03-12 +10091% Be honest to yourself... you did have a chance! They did not miss because they can still invest a huge amount and start trading in the market in order to earn more profit monthly or daily so always read different speculations to anticipate what will occur in the future. |
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I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.
Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.
In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.
What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
Cryptocurrency has different potential in the market, cryptocurrency will not go long term if the ico will not provide a very good project so it will be always depending on the developers if they will work hard even more to make the price of their to increase. |
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Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere
What is your response with this opinion?
Bitcoin is really good for the society to use it as a currency for everything since technology is growing today and there will be faster and easier transactions to purchase anything only you are interested. |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Panic selling is always happening to the new traders in the market because most of them are investing just they saw the price of bitcoins that is very high and they will not checking the stable price, in that case they need to wait even more before earning a huge amount profit because the price is very high. |
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