I think it's impossible to replace the dollar in the near future, as we know that the dollar is the world's strongest currency and is used by all countries for
transactions and trade.
The probability of the possibility is reasonable but I dont think that bitcoin will totally replace the dollars. I do support use and investment of bitcoin but it takes a lot of time for that to happen. Dollars is very powerful, ever since. The trust of different banks and people around the world is on it. I believe that bitcoin still needs to be legalize before it become highly possible. |
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The primary use of cryptocurrency is to have an easier and tax-free alternative to FIAT when it comes to transactions. Yes, many users might use it for services that might be considered illegal, but the is only because these are the most abundant at this time. If more services will start supporting cryptos as a method of payment, these other frowned upon domains will lose some of their popularity.
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I agree. And use of cryptocurrency is far better than using paper money because you have the assurance that cryptocurrencies are real and have value. Also it offers a lot of convenience because every transaction requires only an internet connection and your phone |
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Loans is not that too risky in my experience as a merchant it helps me in case of needy moment when expanding business, adding more products and investing on social networking to grow more and attract more costumers,
In terms of loan of bitcoins I dont think it will be safe because I haven't tried loaning for bitcoin yet. Unlike lending and borrowing money, you are sure of h ow and when to borrow and pay it |
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Actually in case of bitcoin gambling everyone does it for fun only...as all the website are doing their own business they may not allow you make a lot profit more than they gets from you...so nobody thinks of profit...its fun only.
I think you are not watching movies that are related with gambling. At least there, you will know and see that gamblers don’t just actually do it for fun. They make big profit from it. I assume, no one will ever let their money lose without any return. Well fun is a big bonus on it otherwise it hurts a lot when you lose. |
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Losses and failures are generally useful not only in trading. They help to learn those who treat them with dignity. You can not avoid losses in trading. But you should always try to limit them and understand what leads to them.
Yeah! There is no need to lose your money all the time because you are doing trading or all else just because you want to make some good money with these digital currencies. You should keep a proper record of your winnings and losses in order to check in which direction you are moving. I am pretty sure that no one here wants to waste his/her hard earned money. No need to bear losses all the time. For me, it is not necessarily means losing money, instead it is more of an investment. When I lose money I don't consider it as literally lost but I just assume it as an investment or fee for the new things and lessons I've learned. We have to accept the fact that this kind of business always need taking risk because everything is unpredictable and yes, uncontrollable. We just rely on things that are seen and have been done as basis of our next action, therefore, fear has no place in this business. |
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Price is therefore not a concern. The price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little.
Why wouldn't mind bitcoin price when it is the very reason why we have engaged in this market? The price is really important for me because it is the basis of an investor or trader of bitcoin whether and when to buy it or sell it. |
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I don't think it's timely anymore. People literally wait for weeks for their transactions to get confirmed. Pay a high fee if they want it done faster (24hours) which is pretty much absurd.
You know my friend, the use of bitcoin or any other cryptocurrencies in this present time is very timely, I'm telling you. We are already in the generation where almost everything is instant and done fast through the globalize use of modern technology and the presence of internet. Well it is normal to encounter problems with transaction processes anyway. We should you bitcoin to cope with the changing system of economic exchange in the world. It should be used also because it is very convenient to use for transactions with other countries. Most of all, it can be a great driver to avoid the black market. |
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I do not think it's good to put everything in the bitcoin, you have to have liquidity in case the market crash for a while
Placing all the money into bitcoin on any given day is not a good or safe option, invest only some amount of your total money into bitcoin, as nobody can guess the prize of bitcoin as it is volatile. I definitely agree. I support bitcoin but I think that it would be best to keep and invest some for another investment to be sure. As for me, I invest a lot in bitcoin because I know that I will earn more from it especially this year. Yes I don't invest all I have but I invest a lot from what I have. |
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Now almost everywhere in the world there is a non-cash payment. So I do not see any problems living in a world without cash. Basically, that's all for the last 10 - 15 years.
One good thing about real money disappearing based on an online post is that it can eliminate black market. But in my own opinion, cryptocurrency can just increase over the value of cash but not literally eliminate it and make it disappear in the global market. First of all, electricity and internet connection is very important to maintain the use of digital currency and it is quite hard to assure the presence of this two in all places around the world. |
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Money is the one who make people fools because of much being greedy to earn money, gambling is not good for most of people though very few are very lucky with ut who can eaen big pot of moneys that is why many are getting attracted.
People are greedy to get more money but we are not lucky that is why we are going to make the same mistake over and over again. That means we are going to lose money in a gambling site. Some people that get money from gambling is the reason why we keep on being attracted to come back and play that is why we are making mistake again It is not the money nor gambling that bring a person to greed. It is their mentality and it is also the worst mistake we do even in gambling. I f we have only have the required discipline and an optimistic mentality of something, I think despite of losing, we will not be get addicted in gambling and think that we have the worst mistake. |
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We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
The fact that Bitcoin it has been made by the most noble ideas it doesn't mean that the power of it can't corrupt people, so yes, Bitcoin can corrupt a person or system. I believe bitcoin can also be corrupted especially that it is not being protected by legal terms. There are people without conscience you will do everything just to and take all the opportunity just get into illegal acts and it is uncontrollable. |
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Most of the people against Bitcoin are hypocrites. Low -key investing in it.
people is always against things which they don't know.But the most concern, in my opinion, is the fight from usual financial system with technology around BTC and others Cryptos. And
that will affect the price all of one.
You know you can never blame those people who are against bitcoin. There are lots of reasons why they do not accept bitcoin as of the moment. These may be because of feeling of being not secured that every time we talk of bitcoin they feel like it's going to just be a scam, it may also be because of their lack of knowledge about btc, it may also be because they are always into legal terms and don't find btc to be acceptable in that. |
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I agree that trading is a very unpredictable job. I myself have lost some amount of money on trading because of panic selling. Now I've learned slowly. In my opinion trading needs you to be alert you have to put a lot of TIME watching on coins you want to trade. and must avoid panic selling.
In trading, you will not lose if only you are learned doing things yourself. You have to be critical and make moves based on a planned strategy. I must say that if only we manage to foresee and plan ahead what to do in trading, we will not going to say that it is unpredictable. Indeed, trading is predictable. |
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bitcoin is already widely known by all societies around the world but bitcoin can not be used as an international currency because there are still many people in this world who have not known or even not know how to use / how to get it. it seems that bitcoin has not been able to replace the dollar as an international currency
Technically, bitcoin is already addressed as an international currency because it is widely used all over the world regardless of the country using it. The fact that it is being accepted by many bitcoin users and even most of the ventures, it is now considered as international currency. Add as well that it is convertible to as much as currency as offered. |
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Not too powerful, bitcoin is simply started to blossom in some place in the world. Have to spread it around the world before it finally end up being the strongest forex on the planet.
Yes we need more to spread it in the whole world if we see all people in the world using bitcoin that is the time we say that this is the strongest currency in the world. Indeed bitcoin is now the strongest currency in the world and this is because the reason is that bitcoin has get a high price as compare to other currencies and also the rate of bitcoin is increasing more and more and no one can defeat rate of bitcoin. In terms of value and potential, I considerably agree that bitcoin is leading the power but as for legal acceptance and purchasing, I think BTC still have to earn trust from among the government so that they won't make any action to disable the ability of bitcoin to continuously grow in the market of currency. |
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they are attracted by bitcoin probably because of the very high price of many people now who invest in crypto world that causes higher bitcoin prices
Yes it is like this and for me bitcoin is future of money it is having high amount of profit and other benefits for bitcoin users. Now bitcoin is holding as a currency and in any kind of investment bitcoin is moving very fast and it is giving benefits to all users. I love bitcoin for high price and I am sure it will move fast if I will invest in bitcoin will give me benefit in future and I will get huge profit so it is main reason why I love bitcoin. as of now it may be look true cause we all know that bitcoin is the best coin and the currency that we may trust for in the near future as this was existing for and for me i believe that bitcoin will never be replace by other currency for. bitcoin is the best option as we can see that the technology are indemand for. We all know that we support bitcoin usage here but please don't act like you are do not know the existence of government legal terms in this matter. What makes bitcoin very preferable for people to use is that it very timely and modern. The use of bitcoin in many buying and selling transactions in many part of the countries offer convenience to users. Also, it is hassle free and quite safe because you don't have bring physical money just to purchase something. Although not yet legal, its purchasing power is legitimate and acceptable. |
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I never sell bitcoin again because I'm sure that the future and bitcoin prices will improve and of course the price is more expensive than now. this is what makes me not interested to sell bitcoin.
- We are aiming for the future of bitcoin, the price of bitcoin will increase ever higher at that time, if we sell bitcoin too soon, we will only get regret, people are always greedy and nobody wants to regret, so we do not sell Bitcoin until we get a price that we are most satisfied. In short, not that we never sell, we will definitely sell but that is at the right time, the whole world is gradually heading for bitcoin, they are focused and invested in bitcoin, the opportunity to increase the price of bitcoin is huge, when bitcoin exploded, that would be a great time to sell, now it's still not a good time It is not really to "never sell bitcoins ever" but to "Hold. Analyze. Strategize". I agree with what you have said because trading is like gambling. In this kind of business, we don't rely on our fear of what if's. The best way to decide whether to sell your bitcoin depends on your own satisfaction and not on greediness. The price of bitcoin is very inconsistent regardless of the fact of the continuous high demand on this cryptocurrency, we can still never know the future of this. Better be prepared. Try to weigh everything and take risks. |
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If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
I think bitcoins can be used internationally and as a matter of fact bitcoins are already used internationally. There are some transactions that are being done in the whole wide world and it is really accepted by a lot of people. But as an international currency i am not convinced that the bitcoins are gonna make it like that because people are volatile and being volatile is also includes falling and falling is a hard part. And people do not wanted that and the government will also not allow that so it is hard to be like that There are already some speculations that US is currently planning to implement the one world currency but definitely pertaining to dollar. As per the bitcoin, it is widely used by many people now all over the world for many transactions and most especially for investing and trading but I don't think it will be that easy to declare to people to use bitcoin as medium of exchange. I mean it requires a worldwide acceptance to implement this and a lot of government and legal ways are needed to do this. |
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Yes I must understand that gambling is just for fun while trading even though its risky atleast it turns your money with profitable income for a long period of time.Gambling is just a luck when you wins and after that its makes you addicted .In trading skills and patiently waiting is all we need but this better than gambling to have a good profit.
Yes, Gambling is just luck based method of making money. your re never ever sure about your profits in gambling because it is blind game whereas trading is a proper profession whether you trade with digital currencies or in real life with some physical objects. Trading has proper policies, laws, strategies for making large money in short time. I am with trading and against gambling because you simply lose money in latter. Trading is more better than gambling without a doubt, compare in gambling, Trading is more legit and reassuring than gambling, because the percentage of earning than losing is bigger, unlike in gambling which is the opposite. Trading is better in the long run to have huge profits. Yes, once and for all you can leave trading in about weeks months or years but only assure it is a good coin as investment you will surely make huge income than you expected. The more difference is time in Trading and gambling. |
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Hi guys,
I saw in OP that in your exchanges roadmap you have mentioned poloniex - Have you already talked with them about listing your token there?
I think it was all a plan and not as of now because it was normal on the ico to put some exchanges then after the Ico the hard ways and too long time to be listed on it especially in poloniex. |
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