I think it would be at least 25~30% people in the Earth own at least 0.01 Bitcoin.
The number of users are definitely lower than that, bitcoin is popular but only in bigger countries where their government are supporting them. Maybe with the growing success of bitcoin we will see that percentage but not until 2020. |
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It's true that, in my nation don't accept bitcoin. My counrty, i'm not sure and see any restaurants or stores where they accepting bitcoin. I understand that US has numerous dining places and stores. That restaurants and stores accept btc. The netherlands also taking bitcoin.
What country are you living? I am sure as time passes by there will be more people that will accept bitcoin and as bigger countries are starting to use bitcoin, small countries are also going to follow and accept, sooner we will see a bigger community supporting bitcoin and the price will not gonna be stop in rising. |
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Bitcoin has dealt a heavy blow on faint money and the world uneven financial system most especially the bank and they monetary policy around the world. Bitcoin made it easy to transacte in comfort and at the same time connect the world financial system together as one big global market place.
And that is possible because we are not controlled and we can never be manipulated, transactions are transparent and fast so I don't think people would not choose this if they will learn how to use bitcoin. There is a big market out there that is why people who invested it are betting on the potential of bitcoin. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
for me , it is better to save your money in bank because if you need money one day, you have money to get and to buy all things that you like. If you want to invest that does not mean you need to risk everything you have, still follow the rules that only risk what you can afford to lose. Bitcoin is an opportunity and we are blind if we did not see how it has grown in just a short period of time, let's invest but make sure we have left something for our savings and that should be completely risk free. |
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Good for us because when people sees bitcoin and they haven't use it, for sure they will be interested and will make a deep research.
When they adopt that would help the community to grow and when they invest, this will surely create a demand which favors us.
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For bitcoin has been really useful to many people including buying and selling on the internet. Because of many website and merchant now using bitcoin as their primary payment processor. So as of now, we use bitcoin to trade for fiat money. Its the same using bitcoin are a source of income for others like money.
They are actually growing and that is good for the entire ecosystem as we can expect the price will continue to grow. Bitcoin has always been the best online invention and when the government will fully support it, we can expect more good news to come. |
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Bitcoin is the most powerful digital currency whole over the world.So it will live forever. I believe that it can be ok.
Not in digital currency but only in the crypto currency, we are not similar to some digital currency that is created by a certain company or the government because we are decentralized and we are limited in terms of supply. |
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Yes Trading is unpredictable job. sometimes you win and sometimes you lose but more over to that you should minimize losses and maximize winning profit. understand well the flow of chart
No one wins all the time but we are not after of that because we know it's impossible. Trading gives profit to some who are good in day trading so there is a chance for us to improve and enjoy the safe fate they have. If we will not stop looking for ways to develop our skills then this kind of unpredictable job may become our favorite job. |
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I would still choose gold, for its value is still the most stable in this world
Gold is always the first option for everyone as it exists from the ages and people have more trust on gold than bitcoins. On other hand Bitcoins is not yet universally accepted, many countries are not willing to regulate the bitcoins because of which there is lack of trust towards bitcoins. For the time being its better to invest large money in gold and less money on bitcoins, just to be on safer side. Maybe not if they will understand how profitable bitcoin is, it's just a conventional way of investing but I am sure it will not give the same profit bitcoin can offer. The good thing with bitcoin is that it's useful to us and when more people will be using it we can expect a significant increase of price that will affect our profitability. |
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Papaer money will still be in existence unless we decide to use one global currency which i doubt else every country will still keep his own paper money and they will not be extinct as some have put across various platforms.
Bitcoin is here to help us transact with ease but that would not mean that it will replace paper money. People are already satisfied with how simple paper money is and they do not need to do online to transact as paper money they can do instant. In addition, not all people are actually using online transaction and still majority uses paper money. |
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Bitcoin lose a lot of its value but i can assure you that it always have solution. If you can't lose lot of money investing in bitcoin them invest a small amount that you can afford to lose.
Losing is possible regardless of the amount we invest but always invest what you think realistic in order to achieve your target profit. Bitcoin has pump so much this year and there is no sign of stopping now and I think it will end this year with a good price so I can say that majority of the investors are happy now. |
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For me it matters since bitcoin is a source of income for me. I sell bitcoins to fiat to supply my needs as a person. There are also benefits if the price is huge for bitcoin holders since they get profit on it.
We are definitely be happier if the price will continue to rise, regardless of what we are doing as long as we have bitcoin we always hope for better price so we can convert it with a greater value. Bitcoin will continue to rise and that is for sure but the question is how long do we hold, if we dream bigger we should have more patience. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Before buying they have been realyzed that bitcoin can make profit for long term. By doing nothing just by saving profit will come. That's all what we are hoping, the price will rise as we continue to hold because that way we can expect big profit. Now that bitcoin is going to $10,000, this will give more excitement to us holders, and for me I would not dump at this price even if I will make profit. I am sure more success will come so I will continue to hold. |
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this far from possible but if theres other crypto that can replace bitcoin will be ethereum because of its platform and the team behind it bbut i doubt bout the price they can get on the market, bitcoin cash is just a segwit from bitcoin so i think its impossible too.. bitcoin is the strsngeest crypto ever
Bitcoin cash now is next to bitcoin and it's competing based on the trading volume, however, I don't think this would last and I will definitely agree with you that ETH has a good chance to replace bitcoin even if it seems like it's still sleeping now. |
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i choose bitcoin because of the encouragment of my friend. and when i try to search about bitcoin, i found out that theirs a lot of oppurtunity if you work on it so im excited of what can bitcoin give back to me in the future
That's good, at least your broaden your knowledge by researching more, not many of the people in this world has an idea about bitcoin but the way it's moving there is a big potential that it will be adopted by a lot of people in this world. When that would happen, it will result to price appreciation due to its limited supply, and that would be our time to enjoy the success of bitcoin. |
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given how long it has been used yea
and it is controlled by corrupt "officials"
so yea on a daily basis
This is true, paper money is usually use for illegal activities as it is hard to trace, so it's important that big transactions should be done on online transaction so there will be a trace and with that we need a more secured and transparent system which is non other than bitcoin. |
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I spend my bitcoin for small expenses. Like my transportation expense, tv/dish/net bill etc. But sometime I invest it for grow my money.
That's a good money management, spend only on your needs and invest the rest, bitcoin will surely become a bigger success and it will give enough profit to us that might change our life for the better. We risk our money investing because we want big return and bitcoin can do that if we believe. |
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For true devotees of Bitcoin, 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. Price is therefore not a concern. 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. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important. Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcUMost of the people here look in the price in bitcoin and maybe it is the one that attracted them the most to use bitcoin. When you are joining a certain campaign, you look at the price of bitcoin you may get so obviously you should consider it as something that matters since it is what keeping you here in the bitcoin community. You watch over the price also always so you may know when is the right time to sell or buy. Well, regardless of our purpose with our bitcoin, we need to know the price. Majority of the users are just using it online for their personal transactions and price do matters to them as they need to buy bitcoin and convert it to fiat. Other people are also interested in the price movement, especially the traders as they want buy low and sell high to be profitable. |
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Yes, it is possible because there is everything has down time. Bitcoin will not forever so high.It will also have to down.
It will go down but it will not stay down because the overall trend will say that the price will go up. When the price of bitcoin will go down many investors will panic but if we believe and we understand the trend, we will always buy those cheap bitcoins. |
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It would be because hackers and scammers need to store their money safe from their governments so bitcoin will be a good option for them. If i was a scammer i would drop all my stolen money in bitcoin. So by doing this I am nearly untraceable for the government to arrest me. So in short i will be safe doing this.
That would only be possible if you will not cash out your money, the government has the power to monitor exchanges and require them to submit necessary reports to detect illegal activities which is done by money launderers. |
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