If you have earned many or thounsands of bitcoins after 3-5 years you will become a millionaire i think in the age of 30-35 years old you dont need your current job you can resign and retire yourself in some resort you own or travel around the world. Also you can male bitcoin your current job the money your earn in bitcoining depends on you whether it's trading, mining, programming it will all depend on your methods in order to make good profot that will surpass the minimum wage of your current job.
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I like to see bitcoin get accepted by stores likes restaurants, malls, clothing shops or even fast food chains if possible i want it to get accepted by every merchants and local businesses like japan did. You can pay any goods and services you like with your bitcoins and also with e-commerce site, like lazada, amazon, ebay and all those big sites they might find bitcoin more convenient causw unlike credit cards you dont need to type your personal info and cc number while in bitcoin you can just get the payment address and send your payment.
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I think internet access isn't allowed in north korea and also crypto currency cause they can't even use internet it is only allowed in a few ranking officials but i haven't heard north korea accepting bitcoin or any crypto currency they must be only using their own fiat currency to buy good and services. I think even kim jong un doesn't know anything about digital currency they're busy making some nuclear bombs. The only that is here in bitcointalk are from the south korea.
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Yes he can, he has become the beacon of hope for the Philippines or morely appropriately a savior because of him the country has dramatically change evil doers wil not go unpunished like in the previous administration that let this things happen and became like a cancer in the country everyday you hear the news people comitting crimes even in broad daylight where people kill, steal and contaminates just to gain profit or because this guys was exposed in drugs and doesn't know what he's doing. Now corrupted politicians, kidnappers, rapist, killers are being put behind bars unlike before.
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Yes even crypto currencies can be affected by corruption after all it is just a currency and it all depends on the user on how or what do they use it. There are even lots of scam that is occuring with bitcoin like for example ponzi schemes suck ws cloud mining, hyip an other pyramid schemes that offers you to earn big amount of bitcoin that is to good to be true. Even fiat currencies can be used for corruption so its also the same with crypto currencies as long as there are users good or bad they can use their money however they like.
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Im very confuse if what is your question but surely it doesn't mean that you invested in bitcoin you will be instantly rich the next day but you will surely get rich after 2-3years you just have to be a little bit patient for the price may rise to new heights. It may reach $10000 this years due to it's increasing popularity and demand. It has grown into the currency we've been dreamed of. In time more countries will recognize it as a valuable asset to invest in.
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Because bitcoin has a potential to grow than fiat currencies also bitcoin is fast in terms of transactions, it is reliable and secured and you dont need to pay high fees to just to send your money like paypal. Fiat currencies can be easily hack while bitcoin is secure because all transactions occur in a safe blockchain ledger that can't be hack. How many credit cards or banks accounts has been hacked in this banks ? People use bitcoin because of it's decentralized feature unlike fiat currency that is centralized and governments can track your transactions or other third parties.
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The only way is to move forward dont be depressed by a little failure, if you have the will to never give up no matter what the circumstances im sure you can achieve it. We humans are creature's that dont have wings but still have manage to go to the moon. The path to the top will only grow longer if you belittle yourself. A moutain peak does not exist to show you how small you are. It's there to provide you with a goal if you have to wander down a side path you should take your time to slowly climb up. Step by step, as steady as a turtle... It's possible that you'll never reach the top You may burn out halfway. However, you'll still have a better view than you do now.
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Dont trust the banks to keep your money you'll only lose more rather than gaining because banks steal money from their members because of hidden fees and it might lose some value with high inflation furthermore you dont have any freedom to control your own money with over exaggerated rules and regulations. I rather my money if i had lots of cash in bitcoin because it's rapid growth it amazing and infinite possibilities to gain profit currently it is now being adopt by countries and the price has really reach some crazy heights.
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As long as the US continues to reject crypto currencies such as bitcoin and continues to defend their centralized currency then i think russia will have the upper hand in terms in economic resources and will gain more profit but ive heard that russia is planning to start their own crypto currency which i dont know if good or bad. Well, as far as i know the community hates centralized currency so it's really up to the community while the US with their centralized currency will get crash by bitcoin if they dont change their ways with their debt based system.
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Well one of the biggest problem of bitcoin which is the scaling issue that is currently being resolved so bitcoin can now once again be use for micro transactions so you can easily buy goods or services. The only thing that stands in it's way is this hard fork coins that is trying to compete with the real bitcoin but it's always up to the users and community whether to chose bitcoin or BCC/BCH. For me, i put my trust into bitcoin cause it has surpas countless challenges for many years unlike BCC/BCH.
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Even other resources such as oil, dollars and gold doesn't always go up but sometimes the price goes down as well so what is there to panic if the bitcoin price takes a dip currencies and other resources doesn't always soar up. Will you panic with this small dip? or will consider this a good chance to buy and sell to make profit. Volatility exist whether it's crypto currency or fiat currency or other. That is the risk of investing to this currencies in order to make profit.
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Sooner or later they will force to learn it or adopt it cause sooner or later it will become a mainstream currency that everyone will use. As of now there are many online shop or e-commerce has already made it as a payment processor for their site and some of the local businesses are already accepting it, countries like japan, korea and Philippines have accepted some institutional investor have invested their money into it. Maybe your survey was not wide range.
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It will probably fall with a correction anytime soon the koreans thought it is the upgrade of btc that's why they've bought it other than there are no real big onvestors to invest their million into it so price is very unstable while bitcoin is a safw haven to invest all your assets for a long term investment. Some people says that the price is not to based upon but some other aspects like mining but this is all superficial cause this crypto currency is not even 1 year old. So it maybe faster to mine for now but sooner later it will slow down.
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Bitcoin has long surpass gold in terms of price and in the market bitcoin has more value compared to gold it has become now a more valuable currency than fiat currencies. Bitcoin became popular not because only in market dominance but also in other aspects that bitcoin has like it's fast transaction, reliable and security and more importantly it's decentralization where gold has nothing compared to this aspects gold is very hard to be delivered, it may be reliable but it is not secured cause it can be easily hijack unlike bitcoin. The future of money is bitcoin.
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Ang bitcoin ay isang digital currency na pwedi magamit para mag send and receive ng transactions kaya pano to naging scam? Kung may magandang value ito sa market ang maraming gumagamit at bumibili nito? Siguro ang tinutukoy mu ay yung mga third party sites na nagsasabing babayaran kayo ng bitcoins if mag invest kayo e cloud mining yun eh which na dapat nyung layuan kasi isa talaga yang scam kaya nga ang dyan ponzi scheme. Tandaan mu di scam ang bitcoin, yung third apps or site ang scam na nagsasabing babayaran kayo ng bitcoin.
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That's because we are destroying our ozone layer with factories and corporations that is producing large amount of thick carbon monoxide or dioxide whatever it is called we are digging all our natural resources instead of finding renewable resources just for a short term use they've not look what would happen in the future to what would happen to our world they are contended with short term profit not a long term investment. Some animals getting extinct, our forest being depleted and results are horrible calamities.
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Yes of course in fact many of them knows that's why bitcoin price increased rapidly and leap to insane new highs. Some billionaires might not know but it's hard to believe they haven't heard about it with our advance science and modern day era it's hard to not know anything this days because aside from mainstream news we can get information to the world wide web and social media sites. Most of the billionaires are tech savy or tech enthusiast so its very unlikely they wouldn't know or heard of bitcoin.
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Its not much of a threat to BTC, the koreans thought it was an upgrade to btc this may look a potential pump and dump as the price is not back up by solid investor but rather superficial. What would happen if the koreans realize that its not the coin they thought it to be. And plus bitcoin has far more stability in it's price cause it is supported by millions of merchants around the world, countries started accepting it and it is now widely use as a payment method. A newly born altcoin can never be a compete with bitcoin.
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Sa tingin noon 2009 naglalaro ako ng mga online games gaya ng special force,cross fire, grand chase at dota 1. Pero kahit ganun ok lang nman kahit di kulang muna natutunan ang pagbibitcoin kasi noob pa ako nun eh in short wala pang kaalam-alam sa buhay kaya mas ok nang di kulang muna natutunan ang pagbibitcoin kasi sigurado e iignore kulang ang bitcoin at maglalaro lang maghapon. Di pa nman huli ang lahat tataas parin price ng btc ang kailangan kulang gawin ay mag ipon ng marami para after 2-3 years mayaman na haha
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