Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Bitcoin turns out to be a so called part of the currency for us users of it. As we use it in some transactions which happens many supporters of it already reach out on some large companies to get along with it. And if we are to say it is the new era, well it could be. But bitcoin being part of it won't mean vanishing other currencies, or the usual for it they could define the state of an economy.
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Does Social Media Influence bitcoin growth?
Everything now is at handy by social media. Campaigns, school thingys so on and so fort are almost posted on it to gain more attention and of course bitcoin as well. It happens that users now a days are more connected with social media. That is why even with the bitcoin transactions happen ove it.
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Expert explains theories behind Bitcoin surge... Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.
Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.
But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.
Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.
That could be a usual thing about bitcoin. The pumping and even its punctuating flow down is o unpredictable. But as this sudden increase approaches, they why not just be happy about it. It iss an increase, a positive outcome of bitcoin.
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So, BitcoinCash will be another alt coin (I guess). Will it be better than the other alt coins that are designed to be used like cash?
I guess if it attracts a lot of hashing power that will make it better, but will it be better otherwise?
Bitcoin is bitcoin. It is said to be the original currency as it is. Even if there now that there are lots of alternate currencies or coins that is introduced, bitcoin could be accounted as its mother coin. And as it work in a long run, it could possibly not go out of style because it was like the founding start of these transactions.
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Just like heroin or crack cocaine, it creates an addiction.
Same as was gambling
Many in here seem to have been caught up in it, spending far too much of their money on something. Partially to get the dopamine rush of buying more coin, and partially to satisfy their gambling lust hoping to score big.
It is no different than the people gambling their savings away on the roulette. Right now we are at the point where they have entered the casino and have been lucky, so they are up more money than they came. But instead of quitting while they are ahead they genuinely believe that their luck continues.
In the end it ends bad.
You have a great opinion but not everyone could consider it. It is like saying bitcoin is saying bitcoin is a drug. But let's not remove those observable facts that you've said. Bitcoin can make you crazy because of how its value typically rises. This made every user be more dedicated to be in bitcoin. As a matter of fact most of them almost think of living their present job, just like any other who posted a thread about it. But in the end it will all be about those who allow them to take bitcoin as an heroine. Life is a choice.
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I found the information in one telegram channel that the GBG coin will grow up in the nearest future and will reach $ 500, $ 1000 and even $ 4000 for the next 24 months! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.prntscr.com%2Fimage%2FlBRsAYUNS-6HFGLrrEiRTQ.png&t=663&c=81gT6K0skJ5b1w) This information seems unbelievable, but i can't follow the link to the source, since it was a screenshot in the telegram channel! It also seemed me strange that the forecasts in all the channels are given in the same form like this one: The forecast turned out to be correct and the rate reached 2400 satosh instead of 1800 (which was mentioned in forecasts). I guess that this coin is very dangerous since probably it does not have that strong project that allowed it to grow. But the most dangerous thing is that pampers can promote this coin and the rate will really grow because of people believing in such statements and see confirmation in the form of an increase in cost. I would like to know your opinion about it. Kindly complete information about the GBG project, if you know it. Unfortunately such stories are not unique (( In this regard, I would like to tell you about the database and tool that we create for the project on uncovering artificial manipulation of coins at the earliest stages and warning the whole community not to take part in such projects because of big risks ( https://bitcointalk.org/index.php?topic=2649054.msg26998485#msg26998485). Do not invest in this coin and warn everyone who is near you. Soon we will disclose details of the project which for 2 years raised the price of the token from 1 cents to 10 dollars. Rise and fall of bbitcois are usual. These may be an effect of some issues which are translucent to some of us. But if we take further observations, later on will get to know it and even analyse how, somehow, it works. This will always be a process and sometimes a prediction about it.
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I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years". Is he a hater of bitcoin? while other big names appreciate the bitcoin. Your thoughts? People have different perspective about such thing. We bitcoin users usually imply bitcoin as a currency. Is it for us that bitcoin is really associated with transaction so does we a so called currencies. Opinion of other is welcomed as long as it wont harm bitcoin at all.
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
I don't think bitcoin is that expensive. Maybe you just need more patient to earn before you make another transaction. This thing will all be base on your strategy. Another thing is that searching for another way to convert bitcoin into cash with smaller transaction payment.
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Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet. BTCSo now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) A bit risky but somehow a good idea. It is just that there's nothing sure about it. This plan must move qlong the rise of bitcoin. If this would continue then it can turn out a good saving you could give to your children.
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Hi guys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? I have a lot of plans with my bitcoin. One thing I put on mind is about investing. I choose not just to invest on bitcoin but also in cash. I also plan on creating a business and find other way to earn extra income. This could turn out to be a great help for me in the future.
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Nothing could ever be risky if you are to put all your money in to something. Even though bitcoin is secured we still have to face the fact that nothing could be constant. But if you are looking forward on its future goodies then it would really be. It is just that we are not sure if the end you'll expecting is the same on what's gonna happen.
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Which of the Bitcoin wallets between the Online and Offline works best?
Those two wallets are perfect fit bitcoin. The only thing is that both of it has differences that could either be goof or bad. But for me, I prefer using those both. I usually divide my bitcoins into online and offline. This could be a win win situation for me as well. So if you'll as what I prefer most, for the mean time it is the offline wallet. As the title suggest so.
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Some people like the Brazil Central Bank Chief called Bitcoin a Bubble & Pyramid Scheme, how can the bitcoin industry prove this wrong and make sure bitcoin never ends but grows bigger?
We can never assume how and when bitcoin could stop. But if we continue to support it, nothing could be impossible about it. We just have to let bitcoin be more open and have good feedbacks. Those miners must also keep it so to let the bitcoin cycle flow.
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Only yesterday's television shows here in our country could be a bad thing when you get involved with bitcoins. I'm so frustrated that the tv host has shown that bitcoins are a scam. Because of the fact that he has made many people will definitely not try to enter the bitcoins yet. And because that would be like an investment scheme that looks at bitcoins. That's not really true because bitcoins used to do bad things. And what I was most disappointed was that this tv host did not say the good side of bitcoins.
Now my question is how we can explain to those who watch tv that bitcoins is not a pyramiding scheme.
Explaining bitcoin turns out to be difficult these days. After those schemes presented in the internet world many people don't believe on it anymore. But if you'll prefer to turn these things upside down you can show that it is legit. Just show them proofs about it or any transaction payments you've done from it.
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Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
Well said for me, one currency one world. The fact that bitcoin is us globally is a great factor to say it is use to transact worldwide. Aside from that it is also a currency for transactions in the internet world. That is why we can coin it an international currency.
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This could be a good news for the bitcoin user. But these news could also made us bother about so many things. These could also create either a misinterpretation or a patronising manner for those who's not aware on it. In short, this could be a good news but can also face so much difficulty or deeper planning before it could really be implemented.
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
This could be a statement with no sure outcome at all. Yes, bitcoins are brought by miners and from what they get from couldn't assure us consistency. instead of being bothered about it, just go through it. Invest in cash if you have to do so.
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
I think it is not necessary to do so. I have seen thrrads like these long time ago and seems like as yime goes by many prefer bitcoin that the job they have. Every job is an opportunity and knowing bitcoin also. But if you think you are stable enough in bitcoin then think what could happen after loosing your present job.
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
This could be a long time prediction for the future of bitcoin. Come to think of it that even frim a 2018 prediction about it is impossible to answer, what more is for the 100 years from now? Two things could happen, which is related to its value's turbulent. Either bitcoin will rise, since bitcoin is part of these development in such innovations which a wild guess that it could be more patronise as a new trade. But in the other hand, this is as scary as it will lose or end up.
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what are the benefits you get in bitcoin? And how those it affect your daily living?
Stating bitcoin benefits could be a long talk for me. As time goes by I can nearly see how it changes the way I live, not just mine but the people that surrounds me. This became an extra income for me that somehow made me dependent on buying the necessary things I want. The good thing about it is that I could do this job together with my studies which became an aid on it.
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