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The site have already ruined their reputation, if they are funding then well and good but the reputation is really necessary in business and you cannot easily get back the trust and confidence of the people easily once something serious happened.
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You could not trust the government for the bank, take for example the current economic problems after the demonatization .It is really difficult to live here at the moment as it is really difficult to get money out of your own account and you must stand for hours in queue just to get to the bank and make any transaction.ATMs are literally empty all over the country and it really sucks at the moment.
Not all the opinions you were right, in my country it is not the case. Higher level of satisfaction and trust in banks is very high. This time my country is attempting to build with local funds as the use of foreign debt interest rates are very high. For me, the bank could still be trusted. Definitely, it was just his opinion because we know majority of the people trust banks and the number of users of bitcoin are very low to compete with banks, it will tell us that banks are a more dominant thing and since government controls it people trust it. |
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In a short period of time this is an unrealistic goal. The only investment possibilities that will promise you this return in a short period of time are hyip websites and other types of ponzi schemes.
In trading there are good chances of profit, but even in this business most investors with market experience would be happy with 3% a month, since even this is difficult to maintain for a long period of time.
You can do it in anyway, there's always investment that is good for short term and long term, and if you are a big risk taker then simply gamble your money. You can even make more than you expected if you are lucky, but of course you have to employ strategies. |
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I think this is a trend where people aren't interested anymore to use the traditional money. They feel that save money will never be profitable so look for alternatives i.e. bitcoin. And bitcoin is very interesting because it can be used for transactions (many online shopping accept bitcoin) and also good for investments.
Saving money is not profitable, simply because you are not investing it. Why saving bitcoin is a form of investment so it's advisable to transfer our money to bitcoin and hold it for the future to gain some profit. |
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The price of bitcoin really does matter to the people who has invested their money into mining and if you look at the large mining farms they are still active because the price keeps on increasing and with the heavy electricity bills involved in mining the charm would fade off once the price goes down and so the price of bitcoin is a real factor to be considered.
Even those people who invested not in mining, price matters for all the bitcoin users and investors. In mining, surely it is an important thing because it is one of the costly type of bitcoin investment. Because of it, we can easily figure out if our investments are going good or not. And for those people who are not in mining, so if you probably bought bitcoin at lower price then you just did nothing for you are busy in real world. Just check it now and you got profit. For all of us the price do matter, regardless of our purpose with bitcoin we need to know the price as that represent its value with bitcoin. No one would use bitcoin without a price and that is the fact. |
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The problem is that even bitcoin users believe more in fiat than btc.
If they thought btc was the bomb, you will see more customers requesting that street stores add bitcoin payment options.
It might be a while for something like that to happen, because mass adoption is a slow and boring process. We might not even see significant changes in the next 5 years. I think it is up to us early adopters to make bitcoin more accepted and use it as often as we can. It's slow but it's growing, that can already tell that people are liking bitcoin, but to be an international currency is also possible even with few adopters as long as it is accepted all around the world. |
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If bitcoin died tomorrow then on the other day will be its resurrection, I hope that it will just revive immediately because many users will not accept its death. We know that is very far to happen at this moment because it is fully alive and kicking the high price.
I don't think it will happen again, bitcoin has died and we have seen it resurrect and I think the next time it will happen again it will be dead forever, we are not playing games here and we cannot expect the people to still trust bitcoin again. |
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That is a lot of money that you are putting it in , my advice if you are new to the bitcoin and want to invest in it , try investing a small amount first and try to see how things go for you if you like it or not ? , if it is something that is worth it ? , a lot of people just sees something that is as rewarding as bitcoin and they straight put their money into it without even knowing what it is and what are the risks or the problems that might face them.
Well as the saying goes no guts no glory. It implies that big profits are earned by big capital at risk. So if that author wishes to earn big then he will invest big. But if he will ask me he should only invest half of his money on bitcoin. I believe that bitcoin is at the age of growing strong and increasing in price. We need to savor this opportunity or else we will no longer enjoy the inflation. What he can do for now is to look for a better investment if he is not contented of holding his bitcoins for longer time. There's more way but the more we get involve in active investment the risk gets bigger so as the reward, we just have to manage our investment fairly then. |
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I am predicting that Bitcoin can be playing a big role in the global economic infrastructure especially in the coming years. However, I don't believe that it will totally replace fiat money as we still need the traditional means of exchange as many people and institutions would still be using them side by side with Bitcoin.
No one in sound mind would believe that bitcoin will replace fiat, not even in my dreams. Bitcoin is very limited when it comes to adoption, and I do not see in the future that people without proper education will be able to adopt and we know poverty are big in the world. |
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Government-made digital currencies are essentially destined to fail due to the inherent nature of cryptocurrencies and their goal, being the freedom from control of governments and being controlled by the people. If a crypto cannot be free from control such as this, it often fails to gain a following due to people not having interest in it, because -government-.
A government crypto is no better than a fiat currency.
Canada has done it(fail). but it seems the nation crypto was making the complex system for the fiat and totally all of the characteristics wasn't being different with the old system was there in fiat. Are the crypto nations relating into bitcoin? Totally if this had made for preventing the crypto such as bitcoin and totally useless. Fiat and crypto are really different, what we are having now is crypto and we cannot integrate fiat in the system, it should be a different thing and with bitcoin there's no government we need and no bank at all as we can do banking anytime we want without a 3rd part intervention. |
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Cryptocurrency is future. Not only BTC. In future we will see more new cryptocurrency.
Yeah i think that we will be see different new currency in the future and they will be rise and shine as bitcoin but i am sure bitcoin will be on top of all crypto currency because people trust in bitcoin and adopting bitcoin in huge amount. And because of that we will also see a lot of nonsense coins that are going to pop out and will make millions of money for their ICO's. Even though there are trusted crypto's especially bitcoin, for sure many are going to keep on using it as an alternative way of purchasing stuffs and as an investment, better to say that digital money is the future money. Bitcoin is different from other digital money, it's digital but decentralized so people love it than others. I like Bitcoin actually because it gives me privacy so I believe it will going to be the most dominant digital currency in the future. |
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I think no one can determine the actual number of people who use bitcoin. Becouse it so anonimously and one person could be have more than one wallet.
It's only estimate is what we are doing now, it is important when we are an investor as the data is vital for us to make a good prediction and hopefully we can predict it right, as long as the price will rise then it's simply but definitely timing is important. |
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China does control the mining hardware industry because bitmain will challenge any upcoming companies as any corporate structures do and since the manufacturers are from china it is easy for them to attain the mining equipment from them and china being a populated country people would invest in new technology and that is why we see more miners in china.
I think china was mining before started with pc computer before until there is release hardware like u2 hardware miner until release antminer s series until now bitmain s9. they are not control the bitcoin they are just halve a large mining farm of bitcoin.. dont afraid of that because bitcoin is decentralized .. The simple view of why china could control over bitcoin is on how a lot bitcoin miner was chinese And people start worrying about it , about the influence to bitcoin ecosystem They think with that situation china could do whatever they wish to stir bitcoin. I think it it's just fair, what if the value shrink so definitely they will also lose and their operation will fail. It's not a serious as we think actually as people who invested with bitcoin are smart enough to understand that this is base on real demand and supply. |
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bitcoin is really a good investment as it can give us a good profit only for holding it, as people are expecting that the price is going to raise too high in next few months therefore it will be really a good investment.
you are right that bitcoin is good investment i also getting a big profit from bitcoin every week because bitcoin increasing it price too much faster day by day and i think bitcoin is much more profitable and useful currency in the world. i agree with you that bitcoin is really a great investment and i also investing my money in high amount in bitcoin because bitcoin is profitable currency and i think we can a good profit only from bitcoin so bitcoin is much more good and profitable currency for us. Yes that's a great investment because there are a lot of opportunities you can do with it, by just simply buying bitcoins and holding it for a long time then that's effortless and that will give you decent profit in the end when the price is going to increase further. And the many bitcoins you are going to hold, the higher profit you will get. Some have gain success in doing it so it should be working for any investor as long as we have the right patience and the right capital needed to invest using the method, long term and short term investment will work as long as bitcoin price will continue to rise. |
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If you think long-term invest you can take a look rise only markets... However, you can only sell a little amount of money at a time in these markets.
Trading is kind of bitcoin investment type that need skill. I think if we wants invest our btc in trading we have to learn skill in demand and have enough experience in butcoin world. Thats mean it is need time. I think invest our bitcoin in ICO is good enough, although there are still a risk in it. Investing in ICO has a risk. Many ICO now is for me they are not agreeing to their promises, I invested 3x on an ico but I lose 3x on ICO because the price of the coin i get is not worth it from the bitcoin that i invested. Better to research first the outcome of the altcoins ico. The word investing alone has a risk already and not only in ICO, what people are really expecting in the ICO is they will be able to buy the cheapest price of a coins and hoping that the price will pump when release, it's like a gambling. |
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There are a lot of thing that attracts me toward bitcoin. But the best thing that I like about bitcoin is the price rise, then the decentralization, free of tax, and the fast world wide transaction. But I think a lot of people loves bitcoin becouse the government can not control it.
Well, that cannot be denied as both investors and workers are benefiting the increasing price of bitcoin, we must ensure our support are constant so more people will also be attracted. I know we do not have the same goal as we are divided into two, the earners and the spenders. |
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No one would bother to spend money just to promote bitcoin itself infact they will just hold off their bitcoin rather than on spending on it. In my own view i would just let the adoption would spread since there are already lots of businesses or services that do accept bitcoin.There are advertisements but it doesnt direct on bitcoin but to the services who make use of it.
I think the promoting we are doing is already enough than a paid good commercial, what we are saying to the world is base on the real experience so we are more convincing that a paid commercial. |
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minning i dont have much knowledge about how this work but its any way un real currncy
You can use trust cloud mining, in forum here many trust cloud mining. If you dislike to cloud mining you can try trading or faucets claim, but you must patient. Cloud mining may be good if you are lucky and you will be able to select a trusted business where you can invest, but the trend are not that good because there are a lot of cloud mining which turns into ponzis in the end, so take extra cautions before going to that kind of investment. |
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I use only web wallets from blockchain.info, simple, secure, fast and very good for me. If I have big amount, I will use offline wallet like electrum or buy hardware. but for now web wallet is enough for me.
We want it because it's pretty popular and so far we do not have any problem with blockchain although the transactions are really big but still blockchain were able to manage. |
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If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.
That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped. That depends. Other altcoins could just use fiat to determine the value of their coins when bitcoin is no more having its value. If there's no one using bitcoin doesn't mean the other altcoins will also failing. If the altcoins having such a strong communities that make them always using it then it will be fine. Although if bitcoin were dumped then the altcoin will be pumping, that's the natural law Well, you could be right but the trend does not tell it all. As what I have witness when the price of bitcoin rises, altcoins fall. So probably they have a reciprocal effect and when bitcoin loses its popularity, most like altcoins will be affected. |
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