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There already are 10000+ cryptocurrencys,heck you yourself can make 10000 cryptocurrencys in a single day with ERC20
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Cash is better for me, at least as of these days, because it is where I got used to paying stuffs or making transactions.
i think both cash and bitcoin are better in theyre respective functions.cash is better because you can use it anytime anywhere that need nothing but only the currency,whi bitcoin is one of the fastest form of payments all over the world(only for those accepting it)hassle free and lowest fee.but with the help of internet and electricity ofcourse.but still they are both useful for all of us that using the said two >Bitcoin >Fast Are you for real? It takes like forever to get any respectable number of confirms these days for BITCOIN |
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Why do people want Bitcoin?
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
People qant bitcoins because they now have the freedom in their money that they all ever qanted because some people do not want taxes and bitcoins on the other hand are decentralized and no one source so there are no added taxes into them bit only fees. And they are gaining in bitcoins compared to other fiat. Bitcoins allows them to hold and save their money and at the same time that mpney can hav the possibility to grow in the market. Well you can enjoy the same amount of freedom with hard physical cash in the fiat form though as BITCOIN |
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The main reason , one would sell Bitcoins is because they do need it , they need Bitcoins for their day to day life... For most people it's a form of a job, thus you generally sell use what you earn so obviously they have to sell Bitcoins.
For some they want to invest somewhere else.
For some it's a form of easy money that they earn regularly.
There are many reasons for which one would sell .. it's not some rocket science ..think why people sell their gold.
Well a reason can be that they don’t see much potential in that cryptocurrency or BITCOIN at the time so they short it |
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Well apart from the crazy fees wont it be a pain in the ass to deal with the super small numbers like 0.00001 BITCOIN for a single coffee lol
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“Always put secondary securities if available.” Good point, it’s a really really bad idea to go allin in cryptocurrency or BITCOIN
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Bitcoin can easily die if the government will have an order that the bitcoin and other cryptocurrencies will be no longer allowed to their country and that will become the start for the cryptocurrency to die and have its end and that is my main reason why i am not putting all of my money into cryptocurrencies because there is still chances that they could die.
Yeah the FUD for BITCOIN is literally at it’s all time high at this point with all the vested interests in cryptocurrency act together to FUD over BITCOIN |
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We never know what will happen next. It might end after 10 or 20 years or it might last until you die.But i still believe that bitcoin will not end soon. So right now, all we need to do is save more bitcoins until it is still here.
And that’s more or less the same argument for every currency and asset out there. No one knows how long people will keep liking gold |
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I think there is no age limit to know or teach kids or children about bitcoin or crypto. As long as they understand how to manage and do to earn bitcoin and as long as they did not missed a chance to feel that they already young or did not affect their child life like playing,enjoying life and studing well,they will easily teach crypto. You should tell them that it is the key of their dreams like studying and it will help us in our life. And make sure that when they learn the income that they earn will be save for their future and not will use in the bad things or habbits that they are easily prone.
Most schools wont bother teaching students about cryptocurrency cause they barely teach about fiat anyway to teach students about cryptocurrency |
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bitcoin is very dangerous because its bubble is very unusual and happens suddenly, coupled with some beginners who can not manage their bitcoin assets. we as part of the investor should be able to manage it though the risk in cryptocurrency is quite high
Ehh it depends really IMO since like BITCOIN isn’t really at the crazy bubbled up 19,500$ price point anymore |
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Bitcoin: The End of Money (as we know it)
The Bitcoin Gospel
So far the second quote by a newbie with maxed out activity naming the same documentary. Is this some kinda botting lol? |
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I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and governments.
Bitcoin price can rise because of the demand specially when people are not selling their bitcoin. I think the recent rise of bitcoin are the positive news that spread by the last quarter of 2017 which many people are expecting a big profit because of it being a trend. Since then, because of being so famous, governments of every countries take action to control it that's why people are carefully thinking if in the future that bitcoin will be worth it to invest. Basic economics, demand was high af, supply was still low since people were busy hodling their wares. BTC prices rose |
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Invest in some safe and popular coins which have a potential to go up and you should be fairly safe from any potential issues and do backups
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Yes, it's safe because the code is completely open source and you can see the code on GitHub. Do you have any doubts about the core wallet of bitcoin?  The question is dumb af, no not at all, the client made by the dude who made bitcoin is totally unsafe and you shouldn’t use it |
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Question: What financial freedom do I get out off Bitcoin if im poor as fuck and live in a country with high unemployment? It actually has the potential to enable people in developing countries. There's a huge percentage of people who are unbanked or live with rapidly inflating currencies who can now have a form of secure banking with bitcoin. There are companies developing apps that will allow people to send and receive bitcoin on "dumb phones." “ potential to enable people in developing countries”, yeah totally people who cant afford food to live will buy a PC and internet to use cryptocurrency and bitcoin |
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usually they use it to get some Clamcoin, actually its already happened for long time. but this time they're booming again especially with some forks. if me i wouldn't sell any of my addresses for something like that
Yeah I’ve seen a bunch of people wanting the clam for owning BITCOIN a long long time ago, you get like $20 worth of clam for having an address |
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Now in some of the developed cities in Asia, there is already a ATM automatic machine that supports bitcoin. Many young people begin to understand bitcoin and invest in bitcoin and other encrypted coins. The government has also begun to realize that the encrypted currency is not closed, only to embrace it will be in line with the trend of this era.
wow. it's really amazing, but can you mention which country already provides ATM for bitcoin? I am curious . Many countries have it iirc many European ones and shit. Check the bitcoin atm map, if I’m not wrong someone made a list of every ATM a while ago on some site |
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Yes, but when i buy i have to think wisely what is the good time to buy and trade
So then I have a question for you: If the price wont go beyond 16$k then why are you investing then, seems counter productive |
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As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018
In any case, shockingly its effectively reached 17k$ in 2017.
Should I purchase or hold my btc?I don't plan to sell at any point in the near future.
Hoooooooooooooooooooooooooooooooooooooooooooooooooolldd  That’s some next level farming right there mate, please don’t spam the forums for your signature campaign related shit lmao |
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Crypto economics, like crypto technologies, quickly broke into our life. The speed of their introduction into everyday life is simply enormous. The education system does not have time to respond to the changing demands of the society. Only self-education will help you become a qualified specialist in the modern world.
The basics are the same though, demand, supply, bull runs, bear runs and the traps and so on. Arent those common in regular stuff like stocks too |
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