It's not that popular online. Like as in online shops. Just try and see how many online shops that accept bitcoin you can find. I mean the list is growing by the day but still bitcoin payments are still in their infancy. But still, from what I can see things are looking up, slowly but surely.
I think the online store will not be used every day. you can not be spending then always pay the shipping costs continually, perhaps if it had been a lot of offline stores that accept bitcoin we could use bitcoin everyday Even if it's not popular with online stores in your jurisdiction I believe with time as more people get on board it will gain popularity online too. Secondly, it needn't have to be used online alone but can interchangeably be used for both online and physical shops without any cause for alarm. yes that is very right, as soon as time pass bitcoin is now becoming more and more popular, as in my country still there are very limited shops where shopkeepers are accepting bitcoin, but i am still hopeful that when the users of bitcoin will increase then the shops who are accepting bitcoin will also increase. |
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There are a lot of reason for me to like bitcoin, because it's not owned by the government. You can profit more $ than the interest you get from the bank. And it's easy to transfer money because the transaction is fast and it has low fee.
yes there are so many other reasons which compel us to like bitcoin. bitcoin is a universal currency, we can use it anywhere in the world having same value in all over the world. bitcoin is a decentralize currency and is really not under control of anyone. |
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Bitcoin is considered as ilegal, even with a lot people using it, the fact is that if a country recognize bitcoin as currencie they are saying a decentralized currencie is better then the current fiat system, and i doubt they wanna to loose space to crypto currencies, that are getting more and more popular.
Bitcoin is considered illegal where? It's just an unregulated currency and even if they consider bitcoin as illegal, there will even be more unregulated currencies out there since anyone can create their own currency. Here's a proof that it is really happening today: Venezuelan Currency Slowly Getting Replaced By Pepe MemesAccepting bitcoin as a legal payment doesn't mean that the government acknowledge that bitcoin is better. Because if so, accepting Korean Won or Chinese Yuan in the United States would mean that people of dollars are acknowledging Korea and China's currency is better than theirs which obviously is not the case. in fact the interest of the people is changing from time to time. and we can see that the interest of the people is now in online buying ans selling, and the government have to accept the fact, therefore they will start thinking about bit or at least to start their own crypto currency. |
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Bitcoin is worth because of the reputation it have now as you can see the bitcoin is spreading all over the world and making it name as a digital currency and we know as of now the cryptocurrency. And the most is the price of the bitcoin the highest price among all currency.
The increased price and the reputation gained by the coin makes it worth. Another thing is that it is the only digital currency that was long lasting without any flaws. Even when problems arise it gets sought out in a short time span moving forward towards growth. as we can see that most of the people are evolving in bitcoin trading therefore i think bitcoin is more worth for them. and also for those people who are using it for online shopping. |
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There are people who got addicted on gambling. I known a person here in our town who is really addict, he do playing everyday start just for a pastime but later on he is already affecting the live of others. Gambling makes addicting because of the fun it gives, he don't have much problem in money and he don't have to work.
Ahahah, everyone you say does have the possibility of being correct. But all you see are not fully owned by most of the addicts in gambling. For those who get addicted in gambling is far more spent a lot of money just to satisfy their ambitions and want to get a big advantage, indeed it can be done but 99% of people that do it wrong in taking a step. They tend to do less or just relying on appetite than their mind to me i think it is because that to most of the people gambling look like as in easy way of making money, as in most of gambling formats you you do not need for any skill or experience and you totally depend on your luck, where yo do no need to work hard. |
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gambling game is basically a game that relies on luck. analysis is also needed when we make decisions. but in the end the outcome of the game of gambling is not assured. game gambling is a way of staking a fortune to gain / pleasure.
true, actually majority of them relies on their luck according to the real time happened nowadays. So when you play games in gambling apply it so well so you might be able win in the games using your analysis. yes thee are so many formats of gambling where your experience skill do not world where you totally depend on bitcoin, but still there are some sports gambling games where you can use your experience just like in sports gambling we can use our experience and skill t make money. |
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Only haters would say that and those who had a real bad experience in gambling, it's not fair to blame gambling for their loses and say this world would be better if without gambling. Honestly, I am also a loser but I learn to appreciate gambling because it can really give fun if you are only looking for fun and nothing more or less.
You have a point, just because you're lose you shouldn't blame gambling site because it just a game and based of luck. However, how much you are trying to notice someone to control their emotion there are still people who keeps their ego and keep playing. We should learn about the past and don't do it again. Nah, people will blame gambling site if they lose because they thought that the site isnt fair at all which causes for their loses.Emotion does really have a big role or effect into a gambler because with this it can make someone to make decision not would be suited or needed on playing gambling.If gambling isnt introduced then theres no gambling site or establishments worldwide. but i do not think that it is fair to blame gambling for that, i think there is no fault of gambling itself. but the way the people play gambling is responsible for every thing they do in gambling. if they are playing gambling in a risky way then they are responsible for it and there is no fault of gambling itself. yes people are resposible for that and not bitcoin. as it depend on the way you play gambling if you do not have any experience in trading and you also do not have any limit for playing gambling then it is more risky to make money from gambling. |
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The reason is for fun only, I gamble for fun because if my game loss or win it is okay as long as I enjoy and when I am gambling I am only spending my spare money because with that I will not regret If I loss. But If you gamble for profit If you will loss you will regret it so I can suggest that gamble for fun only because in that case you will enjoy your gambling. If you experience the newbie winning there's a chance that you will get addicted to gambling so better not to gamble for profit. just enjoy it.
there is a lot of people are gamble just for fun and they enjoy their self from gambling and i think the gambling aimed is just to entertain their member and less number of people are gambler for profit. but i do not think that most of the people are playing gambling for making money and not for fun. as there is no fun in gambling if you are not making money from gambling. |
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i can imagine if i am loss in more than $30 in just one day because as i don't have big money for playing gambling, i only use my small amount like $3 when i want to playing gambling. and if i have loss in $1.5, i will trying to stop playing and i don't thinking that i can recover my money back because its not easy to get our money back for playing gambling.
to me i have limited my income and lost from gambling, and when i reach that limit i try my best not to continue playing gambling, and same is the case when i start earning bitcoin . |
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I know, that a normal person would choose the gold from the bitcoin, perhaps because they do not know how to unleash the potential bitcoin. but, for those who know it, I am sure, they prefer to take a bitcoin, rather than gold if the same amount.
Those who don't know about bitcoin would probabaly choose gold of course but if they have an idea about bitcoin they will bitcoin over gold because we all know bitcoins are not stable and higher chancr of increasing it's price. I know both of them, but still, I prefer to invest more in gold than bitcoins. Because bitcoin prices not only moves faster in upward directly but it can also come down even faster. So I prefer to diversify your funds and want to be safer side. It is not a good thing to keep all your funds in any single product so try to diversify and put in different asset classes. but i will never like to invest in gold i will like to use bitcoin for trading and investment, as we can expect more and more changes in the price of bitcoin. therefore there are more chances that trading bitcoin will give us more income. |
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no matter what happens bitcoin price will surely increase in the future no matter what happens
Not everyone has that much faith in bitcoin though. Some are shortsighted and those who trade frequently are more likely to panic sell. Yes, it seems that some users have lost their faith in Bitcoin any many of them are prone to panic selling. But I think there is no solid reason for panic and experienced traders should know better then that. But it's easy to react on current issues on the market although is always better to keep the cool head and think twice about every decision I think they must be new to bitcoin community and are not used to price fluctuations involve in bitcoins so looking at price going down they easily get panic thinking that bitcoins will not bounce back again and start selling their coins at cheap price. That is normal for a newbie to get panic when the price is dumping and also pumping. Because they didn't have that enough knowledge then it is very easy for them to get hyped up by the rumors that is spreading when the dump or pump is happening and then the result for them is jumping into the hype without even thinking what they just did but the good thing is, it will serve as a lesson for them and after those mistakes they will become better. Not only newbie if you see the big dump coming on, you will panic and will sell your bitcoin, all you have or only a little for cover up when the price keep going down. but now the concept bit panic selling is now reducing and people do not come panic selling. hope that in future even the concept of panic selling will no longer remain. |
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Why do we need to not trust the banks? Do you have any proofs that banks is not trustworthy? Because i think they are. Banks are trustworthy because they help the economy to have a smooth circulation of the money because that is where the most people put their money. Banks are here for a lot of years and i think that is enough for us to believed that banks are trustworthy.
there is a bank that has made customers lose money when in liquidation. This case in my country. but not all banks are bad, I still believe in state-owned banks, because a lot of financial aid that is given to the people. I just do not believe in banks other than state-owned banks, because most of the deals they give you is a lot of benefit to them but not to the customer. we now have our own wallet so maybe we can reduce the use of banks. Each client can go to the bank and accepts the bank's terms and conditions. Nobody forces to do so. Of course there are circumstances in life that force to apply to the banks, but it is not the fault of the banking system. We are not so much dependent on the bank as we are accustomed to use their services. Banks are the integral part of the system and there are no other option available to store money securely. This situation is exploit by the banks and they often charge a lots of taxes etc. Yes and the fact is people have more faith in banking system in compare to bitcoins as they are using banks since its inception and they also don't have any other option of saving money and even if they start using bitcoins in future they will use banks too. actually banking system is an old system of banking they have the support of government therefore people are trusting on banking system too much. hope very soon people will also trust on bitcoin and will become able to use bitcoin for so many other optios. |
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I agree with you. In fact, only a small percentage of the world's population knows about the cryptocurrency. Therefore, the crypto currency will not soon catch up with the popularity of Fiat. And hardly ever replace the Fiat
It is not really able to make it, that is the fact with bitcoin. And bitcoin will always be treated as an investment by most of the people, though many of us are already using it as an online currency. But there would be one day that the fiat will be upgraded into something that has the same idea with bitcoin and other crypto's. Yes, bitcoins are now considered by many people as investments. This is due to the fact that the price of bitcoin is growing. In the long term, it can grow several times. Few people use bitcoins to buy everyday products Actually as of now in most of the countries, we can't buy any everyday products using bitcoins directly because they are not so popular in mainstream business yet. Bitcoins are more popular in the gambling industry. But for investment purpose, it is quite good because of its high price fluctuations we can make some profits regularly. Fiat has been fully involved in our daily lives and it will take a lot of time to completely eliminate it and start using bitcoins. Bitcoins has started replacing credits cards which were being used online. We can not used bitcoin for our daily lives this is only digital currency and not all people can access bitcoin that is why it is impossible to replace fiat by bitcoin and fiat is much needed by all people for daily. The only advantage of bitcoin is the value it has big value that our fiat and also we can earn in bitcoin itself. Yeah the usage and users of fiat are more in compare to bitcoins and spending fiat is easy in compare to spending bitcoins and even in future most of the people will prefer to use bitcoin only for online transactions and for offline they will prefer fiat. It does not depend on people. Many people agree to buy food for bitcoins. But they do not have such an opportunity. Stores do not sell goods for bitcoins. I hope that in the future I can buy anything for bitcoin. And then I will definitely forget about Fiat That's right and even now people prefer to use credit cards for shopping as they don't want to carry hard cash in their wallet and once people will start knowing bitcoins they will follow the same and will start buying goods with bitcoins. i think we can see this in future after bitcoin is accepting in many places and there are offline store that accepting bitcoin as payment. i think in future, credit card will not use again as bitcoin is more easy to use than credit card and bitcoin is not only have the card but we can save it in our android phone. but i think the number of such shops are present in very limited areas. but i am hopeful that when the number of bitcoin users will increase more and more, then we will be able to use bitcoin in our local shops also. |
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Yes, but it would be propped up by altcoins that didn't have a stable price. People would buy into Bitcoin and hold it to avoid the inflation of fiat currencies, as well as to trade with altcoins that they believe will rise and use that to increase their Bitcoin stock as if it were USDT.
Right now we see how volatile the price of bitcoin and altcoins even they have a big volume already, I guess it's hard to see a stable price since it is not controlled by one person only. The supply and demand rule will always play and knowing the market of crypto we see how the demand of people changes from time to time. They shift from bitcoin to alts and vice versa, especially the traders with big holdings. Yes it seems that bitcoin cannot get a stable price because of the price volatility and the unstable investors because most of the bitcoin users or investors migrate to altcoin when the price is low and vice versa. So i don't think it will be easy for bitcoin to get that dream which is stable price but if bitcoin will get that i think it'll still be popular. but i think we can see that now the price of bitcoin remain as more stable as compare it to previous time. i am hopeful that in future the price of bitcoin will remain more stable and there will be no concept of panic selling. |
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The most popular thing that you can do with bitcoin is to use it for loading up your mobile, paying bills and converting it to fiat. But if you are a long term investor, you just need to hold it if you believe that bitcoin is going to increase it's price for the next years to come. Also a lot of people are using it for gambling in whatever game you like.
yes that is right to say that in most of the the area bitcoin is uses as currency for limited options, as in my area we can only use bitcoin for recharging my mobile phone but i think there are also some area where people are using bitcoin for so many other options. |
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I am using bitcoins daily on trading and gambling sites but the fact is that usage of bitcoin is limited only in online world and its really difficult to use it in real world to buy physical things as there are no shops that accepts bitcoin as a mode of payment.
yes that is right that in most of the area the facilities of bitcoin to be use in local shops are not available, but hope that in future we will be able to use bitcoin in our local shops also. |
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I'm sorry to say this - but I think that China has a big impact on bitcoin. This makes bitcoin not what we want it to be. He becomes addicted and loses decentralization
I just think that big whales were from china, that is why people believe that China has that "controlling" thing of bitcoin. But now we see some changes as few rules were implemented and Chinese exchanges were introduced fee for trading etc. but i think that the concept of big whale of bitcoin is now changing. and the reason can only be that the number of bitcoin user are increasing continuously which is making it more difficult for the big whales to manipulate the price of bitcoin. but i think it was an old concept when the users of bitcoin were not too much, but now we can see that bitcoin is using through out the world. yes that is right to say that the number of bitcoin users are increasing continuously. which s really making it more difficult tor the big whales to manipulate the price of bitcoin and hope that in future we will trading bitcoin in its original price. |
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I invest my BTC in MLM. Once I made a contribution and now I have the opportunity to earn a large number of bitcoins. At the moment, this is the most profitable investment for me
Can you share more information about it as it is totally new concept for me and is it safe to invest bitcoins there? And what is the minimum amount of bitcoins we have to invest? It would be great if you share some more information about it. MLM is not a good way to invest your money because it is a multilevel program and after you invest then you need to find your downline to get profit. Also, these programs will close soon or later hence it is not a good investment instead you can find get a couple of good gambling casinos to invest your money. If you don't want to take so much risk then just keep bitcoins with you over the time its price will go up and you can make a good profit. Yeah invest in good casino bankrolls is a a good choice instead of investing it any ponzi sites as in long run they will surely scam you and now being scammed in the past its really impossible to trust those sites as no one wants to loose their money to the scammers. i think all formats of gambling are risky. but still if you have some good experience in sports gambling then you have more chance to make good money from sports gambling. |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
It may happen when quantum computing will be introduced.But it would take around twenty years from now for quantum computing to be introduced.Appropriate developments should be made to face such situations. I doubt that the problem is in quantum computers. Bitcoin has other more important problems. For example, government failure, the possibility of a split, long transactions i do not think that there are such big problems related to bitcoin. may be sum issues are there which should be solve in priority basis but still i do not think that there are such big problems related to bitcoin. |
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i think bitcoin is very much secure than Swiss bank we know that bitcoin is very much secure currency and we feel secure in bitcoin and bitcoin charging fees is very much low and if you keep your money in bitcoin then you will be already in profit because bitcoin increasing its price too much faster.
i personally have no idea about the swiss bank security, but i can conform that bitcoin is too mch secure as i am using bitcoin for loas few months. |
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