I doubt another altcoin could beat bitcoin anytime soon, But if it's price at the bottom then I think it would be a great thing to jump on the currency and save some BTC's to use later on.
NOo bitcoin for me bitcoin is the main father of all altcoin where altcoin are depending on bitcoin and bitcoin are in the long run right now where many altcoins are depending to bitcoin to grow but theres a posibility that bitcoin will decrease its price because of altcoin depends on the investors who uses bitcoin or altcoins Price is rising at a moment so I don't think we have to worry about bitcoin, and may be we will see more higher price in coming days, and if price drops then try to buy as much as possible. |
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I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
I think the reason why the customers using it maybe some are they just want to experience the benefits of bitcoin, or some are for the investment, others are for savings and lastly they want to encounter those benefits of Bitcoin. Most of the people are using bitcoins to make profits from it in future as everyone is expecting higher price in future so they are busy in investing their money in bitcoins at a moment. |
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7 bitcoins is really big amount of bitcoins and if i were you i will deposit all into gambling sports betting and i will play super safe by bet on lower odds. You can make good profit with lower odds with big base bet.
There is no guarantee that you will win, what will you do if the match is fixed? Any type of gambling is risky and I am sure that you will loose all your money in long run. Correct , even you bet with lower odds match still have a chance for lose (That's happened with me previously). If you have big balances , never think about gambling better to invest in better and more safer than gambling. 7 btc is a good amount to invest in trading, and there is a great chance of making profits if you are aware about the market and price movements and it is surely better and safer then gambling. Altcoin price is getting wild now , you can't predict when you must hold and when the best time to sell. But as you said is safer than gambling , where you don't have a chance to recover you loss if you lose. Monero is getting wilder and wilder day by day, and people who would have invested in it at the right time have already doubled their investments in quick time. |
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In 2022? I don't think that is possible. Economy doesn't totally change like that. Around 2030 would be a better question which I would answer yes, altough there will be a lot more cyriptocurrencies.
Even if there are multiple cryptos its impossible that all will get into crypto world and put fiat currency behind, and don't forget by then even fiat will become more stronger. |
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No. No, I will not give up their jobs in order to earn that Bitcoin. At least at this point in time.
Yes, I believe in Bitcoin. But I have a good income in the national currency. Bitcoin For me, a hobby.
Yup that's right bitcoin is good as an hobby and a way to earn some extra money, but we cannot simply rely on it for living, as we never know what bitcoin will offer us in future. |
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I have lost many times in gambling in the past, but at that time the price of bitcoin was not too high, but now I cannot afford to loose even a small amount so I have quit gambling for good.
If you would have saved those coins then you would have received some best returns by selling it as price is higher in compare to the past and profits would be even higher then gambling for sure. |
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I don't really get what you are trying to ask.. the reason why we should trust bitcoin? Why not..you know the risks attached to it and how it works so how much trust you put into it is your decision.
Exactly, no one is forcing you to trust bitcoin nor it is must but it depends on you if you trust it to be adopted or not, if you do then just join the community and keep rolling with others and if you don't just leave the road and find another path for yourself. Yeah no one is forcing anyone to use bitcoin, if you are comfortable and have faith in it then you can use it for find some other place for making an investment. |
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Surely I could accept some of it in Bitcoin as well. There are people who complain about the volatility, but it has been much worse in the past, and has improved over the years.
There is no guarantee that price will remain stable in future or it will keep on going higher, it may even go below $400 in future so in that case it would be risky to receive salary in bitcoins. |
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I dont think bitcoin can become international currency, because most of the people still not recognized bitcoin and they still doubt about bitcoin potential, because there are a lot of negative news about bitcoin, and bitcoin still need to work on the transaction speed to be used as currency
Being seen as something negative and bad doesn’t mean that bitcoin won’t have any chances of becoming an international currency and the fact that most people still don’t realise the benefits of it doesn’t say that they will stay the same in the future. I believe when there are more and more people use it, bitcoin will become more popular and other people will start to accept bitcoin. Exactly bitcoin is still young and new to many people and the main reason behind not using it is that people lack knowledge and that is the reason they are hesitating in investing in it. |
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It's somewhat known, between the people who are in IT and guys between ages from 18-30. Many people have heard of them but don't care that much. In Serbia, bitcain has yet to gets its impact.
Same is the scenario in my country, only youth is aware about it but very few are into it and rest are not at all interested in knowing it or using it. |
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I am trying to earn some bitcoins following this page and their step by step guide to ean one bit coin a month. But it is very difficult propably imposible to earn enough for living http://smartinvestments.webnode.cz/bitcoin/Its not easy to earn a living with bitcoin and you cannot depend only on online investments for living as no one knows who long those sites will operate and pay their investors. |
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I will definitely quit my day job to go full time on Bitcoin. We all hate day jobs, it takes all your time and it sucks all the energy out of you. In bitcoin, you just have to stay at home and become knowledgeable about certain things, then you can earn even more than your day job. I don't about all of you but I think most of us isn't actually committed or is passionate about our present day job.
I am not sure it will work out that way. There is always a lot of difference between expectations and reality. And if you are not good at your day job because of any reason, it will carry out to bitcoin jobs as well. They are both jobs, boring and tedious. The only difference is one earns fiat, the other bitcoin. If you treat bitcoin as a job, it will be that way. Maybe a different outcome if you treat it as a hobby. Yeah right so it is better to choose those both make your day job regularly and do your job in bitcoin as your hobby.. So you can make more savings so that if you make a lot of savings you can start your own business and be a boss.. So people will work to you and you dont need to work just manage them.. Yeah and sometimes you don't feel to work under someone's observation and that is likely the case with job and even if you are full time in bitcoin then you are your own boss. |
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I have 5 btc in cold storage which I will sell only when I see higher price in future and I have 3 more btc that I am using for trading purpose and keep on earning small profits regularly which takes care of my basic expenses.
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Already did it once when the price is lower than I thought it can reached. Just wondering what I'm doing when the bitcoin reach 300 lower as read the replies.Maybe I'm not that into bitcoin those times.
im buying my bitcoins not only once, i do that all the time to be honest because i know that the more i will have the richer i will be in the future Wow, that's the statement you have the overflowing confidence here, I hope that will happen because I also want to become rich in the future that is why I am also investing my money with bitcoin. You can buy it and you can also earn it, its better to make more efforts in earning instead of buying as everyone cannot afford to buy bitcoins regularly. Yes you could do both but since I do not have enough money to buy I prefer to earn it. I always makebit a point that I would do something everyday for bitcoins. I uses it to finance my weekly needs. It is the best feeling when you are exerting efforts to have something. Yes as I just read in other thread that you really use your coins to finance your daily needs. Anyways there are people who don't use their own money to purchase bitcoin. It's just a matter of proper circulation like I did. Im buying coins now but I started to earned at it at first. I put some of my bitcoin earnings and began doing trading. All USD earnings are now used to buy coins. It's just a matter of time and seriousness to the work. Yeah its better to do both, earn it in best possible way and buy it when you are satisfied with price so that you can have higher amount of coins in future. |
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Bitcoin can be earned in many ways so I don't see any point in buying it, yes if you have capital to invest then you can buy it any time and current price is good to buy some.
Without those people who buy bitcoins we can't take advantage of price fluctuations. Imagine now if all people, as in all bitcoin users, will stop to buy bitcoin and will just earned it. I think the price will be around $50-$100 per single bitcoin.  People who have lot of money will prefer to buy it directly without wasting their time in earning it and we need fresh money to come in bitcoins which will contribute in taking price to higher level. |
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yes i have spent my coins at real life i have buy some goods with bitcoin
and purchased mobile top up and pay some bills
some shops and restaurants in my country accept bitcoin for payment so i can use bitcoin to buy some goods and foods at that place
Well i never tried buying goods with bitcoins or try to buy some random staff from the internet , because here in my country shops who accept bitcoin is limited well to be honest i only use my bitcoin wallet to pay my online bills like my monthly bills where i can pay thru my bitcoin wallet Yes even in my country there are no local sites that accepts bitcoin as a mode of payments, so I prefer to convert it to my local currency if I really have to spend it. Yeah that is the problem with all of us that we are not able to spend it directly and even there are no local sites that accepts bitcoins as a mode of payment. |
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I use bitcoin already 3 years, and I've reached the 21 BTC more. results that give me the highest is by way of trade altcoin. really unexpected, sometimes coins can be increased up to 200% in a short time.
Yeah its possible to achieve with altcoin trading as there are major pumps in it which can double your coins in quick time but risk will always follow you in altcoin trading. |
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It's not popular, almost everybody making surpirsed face after word "bitcoin" and i don't know what to do, cause i'm also new in bitcoin world  it is not popular in my country either but i hope that in the future it is going to change as it would be really cool to use bitcoins more often We need to have patience and it will be popular in future when more companies and sites will start accepting bitcoin as payment method and that will attract users to know about bitcoins. |
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We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
I think Bitcoin has a strong security. Maybe if someone brainy will search for the right formula, he will be able to hack. But the chances are not great. of course bitcoin is really strong and the security of it is impossible to bear, i think that bitcoin is going to be even stronger with time Yeah it will become more stronger in future and we will see more development in it and it will be not only strong in security measures but it will also be an stronger currency. |
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With all these doubler sites that claim to do it I don't think it keeps paying because of the last few that joined will lose out by not getting paid when they close up shop as they always seem to do when they want to run away will all the investors funds.  Thats the plan of bitcoin doubler sites. They will pay you as long as you keep on deposit low amount. You will gain trust as you feel they really pay and double your coins. Once you deposit a high amount, they will never pay you or reply you back you are right, their aim is to steal all your bitcoins and i dont think that you should put any of your money in it because of that to avoid big losts Yes people who are old in industry knows where to invest and where to not but the problem is beginners gets trapped in those schemes and easily give away their money. |
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