Theoretically yes, but that can't happen. Bitcoin cannot replace the dollar at the moment, just as it lacks security, and its value remains unstable.
I think bitcoin can't replaced USD not cause of lack security because as my knowledges Bitcoin is more security and more anonymous than USD is. The government has the power to eliminate whatever causes a threat to their own currency, therefore if we want bitcoin to stay we should abide with the law when the government will regulate bitcoin. USD is a big currency, it will be replace by other legal currency but not bitcoin. |
|
|
|
My plans for this year in my bitcoin is to make something that will increase its value. I will invest more money as many as what I can to obtain 1 BTC,
I am looking forward to have it since having one BTC is a huge amount which I can use to become more financially capable in future. Bitcoin will helps me to achieve my dreams in my life no matter how hard it is since they will give me more financial support to become sucessful.
There is a big possibility that you can fulfill your dreams as long as you focus on what you are doing. A lot of people already change their lives and they made a lot of money investing in crypto so I think it could be possible to you as well. |
|
|
|
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
not that much i lose the opportunity and im regret it. i could gain 100000$ or more and i just miss it cause im not sure the value will increase. now im trying to hold my coin cause i dont want miss this kind of chance anymore. Well, you have learn from your mistakes and I would say that is a good thing to do. The value will rise of course because it's where progress will go, therefore we should have the trust on what we are investing as most coins are now increasing it's value, if you notice, the whole market is so profitable. |
|
|
|
Posible bang maisama ang XRP or ETH sa coinsph ayon sa ibang article na nababasa ko napag usapan na daw ito ng company ng coinsph or ano kayang ibang coin sa crypto ang pwedwng maging listed sa ating wallet via coins
Posible yan kahit ETH lang sana masaya naku kasi medyo mababa ang fee kumpara sa bitcoin antagal pa ma confirm sana sa lalong madaling panahon magdagdag na sila yung abra meron na eth bka mapag iwanan na ang coinsp sa sobrang bagal nila mag add ng bagong coins si ETH mas ok kasi siya ang sumusnod sa bitcoin pagdating sa trading. Ethereum din kasi kadalasan ang mga tokens na nasa ICO now so kung gusto mong mag invest kailangan mo pang bumili ng ETH, mas okay kung diretso nalang sa coins.ph or di kaya pwede ng i convert yung bitcoin natin to altcoins. |
|
|
|
Because the price of bitcoin increases. If you hold your bitcoin, your investment will increase as well. If you are thinking your future in a very wise way, holding it will be much better and will give you a good future.
But that doesn't mean that we would not trade or even use bitcoin as a trading tool or currency right? Yes it is good to save or hold bitcoin, but it also means that we will be holding it and not even move some of it for investing and paying right? It may pump or increase for a mean time but it also dumps and that means that we must not always hold bitcoin but we also need to use and enjoy that pump. We can be short term trader or a holder, that is necessary for us to do if we want to have a good benefit of what we are holding. Bitcoin will grow in the future for sure but there is no assurance it will continue to go up because the future is unseen and the is the risk for investing. |
|
|
|
It is more convenient for most business man, investor and other travelers to use bitcoin or digital currency rather than carrying a large amount of money when you carry a big amount they will inquest you and it quite dangerous becuase of so many terrorist or holdaper or robber out there but when using bitcoin you feel safe and secure so it is much better to use it.
Bitcoin is much better than cash because bitcoin high price is more important and its transaction very easy and very fast, amd the most important point is that you can hold bitcoin for some time as you want it will get you good profit because investment in bitcoin will very beneficial instead of cash. Cash is very useful in our daily lives but it's not an investment unlike bitcoin. Of course the reason why bitcoin has increase significantly is because it's very useful and has limited supply so people will increase its demand and the value will rise. |
|
|
|
No! i think not everyone has known about Bitcoin because bitcoin isn't fully acceptable world wide.   yes, bitcoin is not yet very popular now, only few people are using bitcoin and have already know what is bitcoin. Some think it's a scam or investment but in reality it's just a decentralized system where very helpful to transact online as no 3rd party needed anymore. |
|
|
|
My best strategy is to wait for the right moment to sell, as we know that the rise in the price of bitcoin and altcoin can reach tens or even hundreds of percent then I will look for the right moment to sell and buy.
Buy and hold, that would be easy for us because the price will definitely rise. There are new players that are coming hence it will result to market growth, we have to see the future by analyzing the trend now. |
|
|
|
marami akong sinalihan na trading site at sa ngaun nag checheck pa ako kung alin ung pinaka maganda..
suggest ako ma prove ko alin ang pinaka maganda..
newbie here..
Let's trade with the most popular trading sites, we have Binance and Bittrex, they have a lot of coins listed so you can trade regularly if you want to be a day trader. Also, KUCOIN is getting bigger right now, just choose whatever exchange sites that you feel you are comfortable with. |
|
|
|
Paper money is disappearing, thankfully, we do have the technology and capability to create more secure and paperless transactions, also crime would go down in an alarming rate, another type of criminals would rise too but anyways the entire world could be a safer place
I don't think it's disappearing, still paper money is very useful in this world and it will never happen that it will disappear. The trend is online transaction but it's good to see we are given different options so can transaction online and offline and this will serve people with different purpose. |
|
|
|
Panic buying has a huge impact to BTC, if it happens, the trading will decrease due to they are scared the decrease of currency, but as a traders that can wait when the currency will fluctuates, but it needs a little patience to wait for trading.
Panic buying is different from panic selling, well it's called FOMO in crypto terms because people buy to ride with the pump. That is good actually as it will increase the price of bitcoin but panic selling will cause negative effect to the market. |
|
|
|
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
In my own opinion, it should be no. To make something more popular, it requires changes in its own self. And as far as I know it wont be stable anymore because the value of money are volatile. It could be increase or decrease at any moment. The changes is good because the price is increasing which means the demand is getting bigger and the supply will surely be limited as investors will not sell their bitcoins to get more profit. Price stability is never a thing for bitcoin since we can expect whales will try to move the price for their interests. |
|
|
|
Yes, I think that Bitcoin's profit is very big you can get a big money here because of the value. Especially, if you trade here you can gain more profit.
not just trading. minning. campaign is one campaign that allows you to earn income. it all needs a process to be able to get as much profit as you want There are a lot of ways to make profit, hence we need to be smart all the time to spot great opportunities. All the things you've mentioned are profitable activities so we have manage our time properly to be able to do everything to maximize our income as everything demands our time and effort. |
|
|
|
Never sell Bitcoin for no reason but panic. I agree. In doing so, the Bitcoin's value will only decrease, and fall especially if a huge number of people will sell it due to panic. Hold onto it because it is typical to decrease, but after a period of time and of changes in demand, it will rise back up and you will gain great profit.
Panic selling is what weak hands do, most of them are afraid of losing and maybe they spend money that they cannot afford to lose. That is not good if you are investing in the crypto world because the value is very volatile here and that is its nature. If you panic you loss the opportunity for the future good price of bitcoin and that will make you an unsuccessful investor. |
|
|
|
If we will be realistic in it, yes bitcoin can possibly lose its value. It may be a very little possibility but there is always this chance that it might be worthless due to different factors. But for now I think we just need to enjoy of what bitcoin has been able to achieve and be cautious as well on all are investments whether it is in bitcoin or other asset.
We should always be ready to that possibility and as we are enjoying our income now we have to ensure that we already take our capital out so we will only lose our profit when this scenario will happen. At least we are ready and we know that we have to invest what we can afford to lose as investing is really risky in any aspect. |
|
|
|
You only have to look at the amount of scams the banks have done in the UK to small time customers to realise how bad they are, from PPI, miss selling of accounts to overcharging for loans. That's not even mentioning how the government had to bail them out at the expense of the British taxpayers.
What particular scam you are talking, I think banks would not do that to their client as they will have to protect their reputation to stay in the business, they are profitable so why would they do such stupid things. In addition, bank is regulated and govern by the central bank so if they make unfair practice they will be penalized. |
|
|
|
It is better to have your own savings that you can withdraw anytime in times of emergency. Also for future purposes, it is also important to have your own investment that grows over time so that when you retire, you will have something that you can spend.
Savings is necessary for emergency situation and for your future plans, however investing would help you to achieve your bigger dreams. I learn to invest because I have seen a lot of people here who have already change their lives, they are happier now because they are financially free. |
|
|
|
I'm spending my money from bitcoin on my study. So I don't have ask money for allowance to my parents. And it's a big help for my family.
Just remember to keep some of that bitcoin, I know it is not easy to study and to have a job but you need to remember that this is for your future, you need to make your best effort now, so later in your life you can reap the benefits of your efforts. Time management is really important if you want to achieve something in your life. You need to sacrifice something so you can give time to working while you are studying and please don't make it a hindrance to your mission in making money here in the crypto world as a lot of student here who are already rich. |
|
|
|
For me, it is being strategic. You need to be very wise in making decisions and how to manage your own. Being smart is just a bonus in being successful. You always need to prepare yourself in every risk you will make. You have to make your own strategy in earning, investing, and even saving money.
Strategic because your movement has to be carefully plan for better result, we are facing the big risk in this venture therefore we need to be very careful so we can protect our investment and in the end we will get the success we are expecting. |
|
|
|
At present condition, fiat money cannot be replaced by bitcoin because it is internationally acclaim currency that can be used by anyone, anytime, anywhere in all transactions. However with the popularity of bitcoin these days, who know what the future may hold. Let’s just wait and see. It is wise if you have both.
We are still in the early age so we don't have that kind of exposure for the government to decide if they are going to replace the fiat with the cryptocurrencies like bitcoin or not because if that is possible then fiat will be just worthless because of the inflation but it is not yet happening because we still need fiat more than cryptos. of course feat can say a lot and the fact that it can be eaten by inflation is also very bad, but you look at the pricing of Bitcoin And you will understand that there is a very big difference who will be trusted by people more. The price of Bitcoin has never been stable and it will frighten every member of society. Therefore, it is the most favorable for them on Fiat with the retention of money. Why not enjoy the achievement of bitcoin and just let fiat stay. There is no need to replace anything as we know bitcoin has limitation and it's very risky as some people are holding it because they consider it as an investment, for normal users it might not be useful to them, so we can be limited with the number of users. |
|
|
|
|
Show Posts
