Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
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If Bitcoin goes mainstream that will be a good thing because it will be accepted not only by big stores all over the world but by all kinds of smaller shops like grocery stores, hairdressers, laundromats etc. Consumers will have the choice to pay with their fiat or Bitcoin funds and that will help to bring the prices down and I hope there will be discounts for paying with Bitcoin for example.
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Well I have just started my new career after finishing university in 2014 and I am enjoying myself working what I love so I don't think I will transition full-time into Bitcoin for the foreseeable future. Having a normal day job gives you a lot of perks like health and dental insurance, paid for vacations, gym membership and less expensive food at the workplace. For some people working at your own home in your pajamas is way more appealing so my advice is to do what makes you happy inside and you will enjoy life a lot more that way ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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First off you need to explain to them what Bitcoin is and what they can do with it. The Bitcoin.org website has a lot of helpful information about the different aspects of Bitcoin so you could give them a quick tour and answer their questions. Now you have to suggest a Bitcoin wallet to them depending on if they want to use Bitcoin on their cellphones or on their computers. A quick guide on how to send and receive coins and what confirmations are would be helpful as well. And finally you could give them some mbtc to play with in their new shiny wallet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I think it's too early to say how big of an impact on the Bitcoin price the 'lost' coins will have later on but if we adhere to the principle of high demand and low supply the price should be rising in the future regardless of the external speculation that has been going on. It's only a theory though so don't quote me on that ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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If the Internet goes down the Bitcoin network will cease to exist along with it because there will be now way of propagating the transactions any more. The banks and other digital wallets like PayPal and Skrill will be affected too however I am not sure what will happen to paper money and whether fiat will lose value or not but I think people that have been stocking up on precious metals like gold or silver will have a better time because gold has been a medium of exchange for centuries.
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I usually take the text file with all the keys and print it out then cut out the public keys and the parts I don't need and only keep my private keys. It's handy to have all of the QR codes of the private keys on the paper in case you need to transfer the funds to a new wallet in an emergency. Then if you want to feel more secure you could copy this 2 or 3 times over and put the papers in some secure locations like a home safe or a bank deposit box or in your back yard.
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It's not worth trying to take out every single satoshi you have lying around at every exchange you have an account at because you will pay more in fees than what the dust amounts to most of the time. If they pay the transaction fees themselves then you have a chance to withdraw everything to the last drop ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) But to be honest I sometimes don't even pick up the small change in real life because I don't like to have a lot of small coins jingling in my pockets.
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I think the first option has the best potential of earning respectable amounts of Bitcoins every month. If you can create a niche website and do your SEO right you can get a lot of traffic of people interested in Bitcoin and subsequently get a lot of referral commission by selling products and showing ads. The sky is the limit here and you may be making bank in a very short period of time.
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I don't have a limit on the maximum amounts of cash I can lose while betting. I can bet whatever I want if I feel confident in my picks and my bankroll allows me to. However I am trying to create a fall-back cushion as I am going along with my bets which is to save my original stake amount and to bet with the profit instead and should I lose that bet I can reuse my original stake again and hope for more luck next time. There are months I don't bet more than 10 mbtc because I don't feel like betting and there are days I can bet more than 1BTC per game if there is value in the odds.
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I am storing my Bitcoins on 2 funds. One fund is for online purchases and the occasional gambling when I feel like doing and the other one is for long-term holding of my stashed coins. My ratio is like 30%-70% respectively and I am trying to save as much as possible while still relying on my fiat for taking care of my daily expenses.
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Bitcoin debit cards have a lot of advantages like being able to withdraw funds at ATM's and paying for things at brick and mortar stores worldwide where any type of credit cards are accepted. But convenience has a price and that is the greatest disadvantage for me - the fees are too high. I hope as more Bitcoin companies emerge offering new debit cards the increasing competition will drive them to lower the fess or get rid of them completely. I think debit cards will no fess will be a hit overnight.
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I would take whatever information I am reading on Reddit with a big grain of salt if it's from some random user. Yes I do agree there is a lot of interesting and sensational news but a lot of users like to write things out of thin air. I am not saying that everyone is a shill and a liar but be wary of false information spreading around and just don't perceive everything as the sole truth.
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Well Xapo charges a 1% fee every time you buy Bitcoins and also the processing fees may depend on the payment method. Coinbase on the other hand charges 1% when you convert from Bitcoin to your local currency and vice versa. And for example Coinkite has advanced wallets targeted to businessmen and merchants that offer more features than the free basic wallets. In general every online wallet has a fee system and also charges more for upgraded plans if you need more flexibility for your business.
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The idea of having the chance to buy Bitcoin at physical stores anonymously sounds great and I had a look at the map with the store locations on the Bitit website but unfortunately the selection is very, very limited. The most shops are in France understandably and there are some more only in countries in Western Europe like Spain and the UK but nothing for the rest of Europe. For example I saw only 1 shop in Germany wow. Anyways I think as this project matures further they will add a lot more stores to buy from later on. An interesting feature I saw on their website is the cashback where you get 1 point for every 1€ that you spend and you can exchange 100 points for a free 1€ on your next purchase. Not much but hey every bit helps right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I think I have read somewhere that there is an ongoing project to launch Bitcoin satellites in Earth's orbit so in the event that the terrestrial Internet network fails the satellites will help with broadcasting the transactions on the Blockchain. It's very likely there are underground bunkers holding the most precious data or it could be uploaded to the existing satellites in an emergency situation. WW3 will have undoubtedly a devastating effect on the planet with so many advanced weapons of mass destruction already in possession.
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Start post count: 3609 Address for payment: 16pp5ZXeQbfjU76eZgh5bxS8YrJu7xw3A6
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I prefer to play the draw in international friendlies when somewhat equal teams are playing. I don't think Germany are hard-pressed to win today so I fancy the full time draw. My correct score result is 1-1 too. Good luck everyone betting tonight and have fun.
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Are you sure these games are just upsets or something foul is at play here because I have heard there are a lot of fixed games. Since I don't follow the esports scene this may sound like an urban legend but still can raise some eyebrows right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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