So recently I was using this app called Instagram (in case some of you never heard of it) and I posted some pictures & videos related to Bitcoin on my Instagram Stories (Like that day when the price goes insanely high and keep going til now). Then 2 days ago some of my friends suddenly asked me about what Bitcoin is & how could the price goes up like that. And I was surprisingly glad to know that I've influenced some people to get to know Bitcoin. And then I introduced them to Bitcoin and answer their questions about it, there were 3 people asking about Bitcoin that day just because of this 1 post. I mean why don't we just use this power of social media to make people aware about this Cryptocurrency, well I know that there are already some people doing this (like those YouTube channels). But what I'm talking about here is to us to post something about Bitcoin on our social media, you can just at least post something like your first transaction with Bitcoin and share your story on your Facebook or take the picture of your book that you just bought from the internet using your Bitcoin and then post it on your Twitter. Don't be afraid to share your experience, you won't get hurt by doing it! (at least not now)Yes, that's the best way to intruduce bitcoin to people. We all know that almost all the people have a social media account like facebook, twitter, instagram, google account, etc. If that people share his/her experience about bitcoin, the people who read his/her post or message will enlighten his/her mind about bitcoin. Therefore, he/she will try or enter the bitcoin world because he/she convinced by the people who post or message his'her own experience about bitcoin. |
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When you loses wallet, it has the effect of removing money out of circulation. Lost bitcoins still remain in the block chain just like any other bitcoins. However, lost bitcoins remain dormant forever because there is no way for anybody to find the private key(s) that would allow them to be spent again. Because of the law of supply and demand, when fewer bitcoins are available, the ones that are left will be in higher demand and increase in value to compensate.
When bitcoin are lost, some business will lost too specially those business that using bitcoin or related to it. If bitcoin lost, some people will affect. A very very negative effect, we all know that people who are veterance here in bitcoin have a lot of experience here and have a big account. So if bitcoin lost, maybe they will dissapointed. And specially like me or those people who starting bitcoin or newbie. |
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Bitcoin is nit gambling. People who saying that is against to bitcoin. Maybe they are the enemies of bitcoin or they don't know how to used bitcoin or they are one of the people who want only become fame by pulling down bitcoin. To say that, they already know a lot from bitcoin. |
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Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..
I think richest families interested also in bitcoin because they know that bitcoin is money. So that, they will enter or try bitcoin also to have money. As I know, richest families they do in their money to become a money also but they will sure that their money will become big or it will doouble or triple they money, when they know what is bitcoin they will do anything to have this. |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
For me, people still holding bitcoin because maybe it has a positive effect in their life. So that, they continue holding their bitcoin to become their life become better. We all know that if we used bitcoin their is posibility that our life have a brighter future. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? As a newbie here in bitcoin forum, my plans in my bitcoins are I will buy foods, I will buy clothes, I will help my family to financial, I will buy what my family needs and wants. I will buy important things. I will save too my money or inveet it in bitcoin. |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
I can say that bitcoin is really secure. Let say that, if you're going on a trip and you have a big cash maybe someone who know it will steal your cash but if you bring a bitcoin eventhough your money is big no one can know that you bring a big money. |
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Hello everyone,
I would like that each one participates in sharing the different sites shopping online (International) that accept the bitcoin, as well as different ways to spend BTC, thank you.
There are so many ways to do with your bitcoin. You can used it to buy some new things or gadgets online, you can used it to buy foods online, and some countries accepted already bitcoin as money. Therefore, if you have a bitcoin you may have a better life. |
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