Of course bitcoin will not replace fiat, but in my opinion bitcoin can certainly run side by side with fiat.
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If we talk about both investments have great potential, but bitcoin does not have a stable price like gold. but with the increasing price increase I think bitcoin is a form of the best investment for now.
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For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
Maybe you mean about how to manage our finances in everyday life. of course I agree with you when we have to set aside some of the finances we have for a life in the future.
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
Maybe if I have 1 BTC of course I will divide into three parts, some will make money and I will do business offline, some part again I will buy goods my needs, and some of it will remain I save to BTC.
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To get BTC you can do the mining activities but to do the mining activities of course you have to have a considerable capital cost. because to do mining activities this of course you have to buy a tool for a mining device and I know the price is quite expensive, not to mention you have to spend for operational costs eg for the cost of electricity and others.
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Yes, of course the government will be able to do a ban on bitcoin activities because the government has absolute authority over legislation on financial issues.
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Before you start an investment with a project developed by the ICO you should do is look for advance infor- mation about the ICO so you do not choose a project with development by the ICO.
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Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
I really agree with you that this can be proven because at this time bitcoin has an effect on the economic changes that I can feel. so the thing that's in my mind is about the greatness of bitcoin, really bitcoin is amazing.
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Pros and cons are certainly there with the existence of bitcoin at this time in overcoming economic problems although bitcoin is a form of virtual currency that has a fairly high nominal but of course there are still many people who are not interested in the existence of virtual currency bitcoin especially for people who have not know and understand about virtual currency.
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now this bitcoin has a lot to use as a place of investment but I want bitcoin as a front investment who have done it let's share with me how to invest with bitcoin for the future
Do not you think today is a future for everyone who has invested with bitcoin in the past so I think if you are very confident with the existence of investments in bitcoin, you should continue to do a bitcoin investment because I am very sure you will benefit in future.
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Some day in the future, you will realize that the best time to invest was not today, but some other day in the future, when prices were low. But with the information that you have today, the best time to invest is still today, because you do not know when prices will be low, and you do know that the longer you hold your investment, the more time it has to grow.
Toughts?I think we never know the fluctuations of bitcoin prices in the future, so I think if you want to invest should start with a small scale because with the current value of bitcoin is not stable it may be in the future bitcoin prices will drop dramatically and at that time you can restart to invest in a large scale.
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Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
It depends on the policy of a country if there is a country that legalizes bitcoin as the official currency I think it is not impossible that the government will make bitcoin bank as a centralization for bitcoin users to store their bitcoin assets and certainly there will be a definite rule applied by the government.
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Saya baru mengenal bitcoin dari kawan saya beberapa bulan yang lalu, tapi mendengar dari teman saya yang bercerita tentang bitcoin menurut saya bitcoin tidak akan ada yang bisa menyaingi walau nanti akan banyak jenis coin lain yang muncul.
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