I would like to know if cryptocurrency will replace fiat money in the future, also if so how long it will likely take. Also, I would like to know which coin you think would take over if one will. (E.G. Dogecoin, BTG, LTC, XMR)
Definitely no. I've read some article and it says there that it is impossible to replace the fiat of other digital cryptocurrency. It shows there also of how money dollars reserve they have and digital currency has just only few reserve so its impossible to replace it. Aside from that digital cryto is depending also on fiat. Without fiat, digital currencies are nothing.
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Ang tanong ko lang po ay bakit hindi ko parin natatangap ang egc number via security bank? antagal ko na pong nag hihintay at ang 4 digit passcode lang ang natext sa email ko bakit ganun?
nagcashout ka ba ngayon hintayin mo nalang o paglagpas ng 10 mins. siguro kontakin mo ang kanilang support minsan kasi delay yung pagbibigay ng egc number at ang passcode, ni reklamo ko rin yan 30 mins bago umabot na yung egc number at passcode ko. ano na nang yari? sakin din . kahapon ng cashed out ako nabawasan yung total balance ko pero hindi ako nka received ng egc number/code via text and email... nag try ako ulit yung ibang transaction ok nman. pero yung isa wala talaga. Usually kase pag sa bank ka talaga nag ccash out matagal talaga. Date sa BDO account ako nagpapadala ng cashout funds ko umaabot ng 12hrs yun bago ko mareceive. Minsan kase yung estimated time na kinakabit nila minsan hindi nasusunod. I think one of the reason bakit delay sila is either maraming nag ccash out or nasa bank ang problema. Kaya ngayon kung gusto nyo fast transaction you may try cebuana or gcash. May fees ngayon lang pero mabilis din.
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patuloy ang pagtaas ng bitcoin ano ang mas kailangan nito sa darating na panahon investors ba o users? maganda malaman ito ng nakakarami dahil mas lamang kung may alam ka kabayan sa mga posibleng mangyari sa hinaharap
Parehas lang naman na kailangan ang dalawang yan pero sa panahong mataas ang presyo ng bitcoin ngayon mas kailangan ng users. Sa presyo kase ng bitcoin ngayon nakakapagdalawang isip maginvest sa bitcoin ngayon dahil sa sobrang taas ng presyo ngayon. Pero kung maraming users ang magssell ng btc nila mas chance na bumaba ulit ang bitcoin at dumami naman ulit ang mga mag iinvest.
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mga partner share your prediction kung posible ba umabot si bitcoin ng $10k bago pumasok ang bagong taong 2018?
May possibility din naman na umaabot yan sa ganyan halaga. Yung price nga ng bitcoin ngayon hindi naten ineexpect na ganyan yung itataas kaya hindi rin malayo na maabot nyarin ang price na yan. Pero mas maganda sana kung tumataas ang bitcoin sana hindi tumaas ang fee. Kase habang tumataas ang bitcoin pati ang fees tumataas at feel mo yung bigat na yun.
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Paano ba gawin ang pagte-trade? may babayaran ba?
Oo in terms of trading digital coins meron talaga at hindi mawawala yan kase dyan kumikita ang mga miners. Pero maliit lang naman ang charge dyan pag nag ttrade ka. Yung mahal lang dyan kapag mag wwithdraw kana. Grabe yung fee ngayon kaya nakakapanghinayang mag withdraw at magdeposit dahil nga tumataas ang value ng bitcoin.
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dito sa lugar ko may mga sarisari store na tumatanggap ng btc pangbayad. sa lugar niyo meron din ba bukod sa 7/11?
Siguro yung nagtitinda sainyo is nagbibitcoin din kaya nya kinokonsider ang pagbabayad ng btc. Free lang naman kase pag coins to coins ang transaction kaya hindi malayo na kahit maliliit na business ay tumanggap ng btc as long as na yung mag babayad ay nagbibitcoin din or may coins.ph wallet din sya. Pero ditto sa lugar naming wala pa kase hindi masyado sikat ang bitcoin ditto samin.
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In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless" Do you agree with this statement?
It's a big NO for me. Remember that bitcoin price is depending on fiat. Without the fiat bitcoin also is priceless or useless. I think fiat will become useless if they allow bitcoin to become a real currency also and we all know that it is far to happen bitcoin some government don't like it.
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
Absolutely right. I wonder what if I started earning bitcoin when bitcoin value was cheap. Maybe I am also rich now? To those people who started earning bitcoin when the value was cheap are so lucky. Maybe they're also rich now and maybe they're still investing in bitcoin to increase their wealth.
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This is so really hard to say special cause its difficult to explain specialty in short word Some of them are given below:
It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement Every bitcoin holder can review their account information after sending money or receiving money from their account. After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities. Buying and selling process is so much easier than other currency I think above mention quotation is sufficient for proving that how much special the bitcoin is.
In additional to that bitcoin is first the ever digital cryptocurrency that's why it's very special. Aside from that because this is the first crypto we often use it than the other digital crypto and because of its value also it makes more special because a lot of people or investor attracted to bitcoin value.
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We all know that bitcoin has a lot of advantages that the users are being benefited from. Bitcoin can do way more than cash. Transactions made in bitcoin are fast and easy it doesn't requires a lot of signatures, papers, etc. unlike when doing transaction with cash where in they need to know every information.
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I was talking with a friend of mine about cryptocurrencies and he said: "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) " Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions? Yes its true. Because in my point of view bitcoin and the other cryptocurrencies are useless without fiat. Fiat is still more convenient to use than the digital crypto. Besides, cryptocurrencies are not still legal to use like buying stuff. But if they the government let this happen I think digital crypto will be more convenient that fiat.
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Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
I usually spend my money in my allowance in school. Actually I am still receiving my allowance from my mother so its just an additional. Second when I got a big profit I always give money to my grandmother and grandfather. Lastly, when I have still small amount of money I spent it on my motorcycle.
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For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.
How about you guys? Is it only for the educated and knowledgeable people only?
No. Even you are not knowledgeable person you can earn bitcoin as long as you can understand how bitcoin works or how to earn bitcoin. You're right that bitcoin is for everyone. No can stop them if they want to earn it whether they are knowledgeable person or not. For me we should teach those people to earn bitcoin so they could use it for their family especially to those people who are in poverty.
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Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin? We've all read that story in the school with the moral "Greed is a Curse". So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
It's not greediness it's a wise moves. If you want to get more profit you should be always wise in all your decisions that you're going to do in the future. There's nothing to do with that moral quotation, it will depends on the situation. Like holding a bitcoin for so long and we all know that it's not bad to do that because everyone of us wants to get rich.
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Dumarami na ang nababalitang sariling kababayan iniiscam, ganyan na ba talaga tayo? sariling kababayan pa ang sisira sa ikauunlad ng kaparehong lahi? So dapat pa nga bang pagkatiwalaan ang sarili nating mga kababayan?
Mas maganda kalahi man naten yan o hindi mas maganda na huwag mo muna ibigay ang tiwala mo. Mabuting kilalanin mo muna ito at maglakap ng impormasyon. Sa panahon kasi ngayon nagkalat narin yung mga taong manloloko na tamad magbanat ng buto kaya sa panloloko umaaasa ang mga busit nato. Bsta lagging tatandaan na huwag bsta bsta agad magtitiwala.
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Para sa inyo aking mga kababayan, saan napupunta ang kinikita nyo sa Bitcoin, sa Savings o sa Invesment? At anong ang turing mo sa Bitcoin, Savings ba ito o Investment para sayo? Curious lang ako sa bawat perspective nyo regarding this one ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So far hindi ako nakakapagsave ng bitcoin and hindi rin ito napupunta sa investments kasi lahat ng kinikita ko from bitcoin ay napupunta lahat sa pag aaral ko. Pero para sakin ang bitcoin ay isang savings at investment, kase pwede ka naman mag save habang nag iinvest ka at pwede ka naman mag invest habang nagsasave ka. Pero mas maganda parin na may regular na trabaho tayo at hindi yung mag ffocus lang tayo sa bitcon.
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Ano satingin mo kung bakit nila ginagawa yun kung kaya din naman nila gumawa Oh kaya kung gusto nila mangscam yung may malaking profit na agad kalabanin nila or nakawan.
Sa panahon kase ngayon marami din talaga yung mga taong masasama. Yung tamad magbanat ng buto kaya sa panloloko ng tao ang ginagwa nila. Kaya magandang magingat palagi at wag basta basta magtitiwala Lalo na kapag hindi mopa kilala. Magandang magresearch ka muna bago pasukin kung ano man ang papasukin mo.
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Para sakin advantage ito kase kung mababa ang price ng bitcoin pwede ka maginvest ulit ditto para pagdarating yung time na tataas ulit ang presyo ng bitcoin may profit ka ulit. One more thing pa is yung kapag bibili ka ng ibang crypto. Kapag kase mahal ang bitcoin konti lang ang nabibili kong tokens or eth pero ung mababa yan medyo nadadagdagan ang nabibili ko.
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Nakita ko lang ito sa isang thread. Anung masasabi niyo? This market has sucked in all the poor people from the Philippines, and they're all coming here because they heard you can earn money just by posting here. No joke. They've got nothing to say about bitcoin because they don't understand it or care about it. They learn canned responses to frequently asked questions like "how i can earnz from sig campain??" and "how i become jr member??". If you wonder why those topics keep popping up, it's because the shit posters need another fresh topic to shit post in. I'm starting to feel nauseous and therefore will end my rant now.
May point naman siya. Karamihan kase ng mga bago ditto sa forum nato tugma lahat sa sinabi nya. Yung ibang mga pinoy kase nasanay ata na hindi muna nagbabasa sa mga pinapasok nila. Yes part ng research ang pagtatanong pero kung nonsense nga naman bakit mopa ipopost e pwede naman magbasa ka lang kasi ulit ulit nalang ang tanong na yan.
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As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.
Yes. Everytime i got my payment from signature campaign I always use my bitcoin. I cannot hold it for too long because I am sustaining all my needs in school. I always exchange my bitcoin whether the price is low or high and it doesnt matter to me because the matter is I need to fulfill all my needs in school.
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