On the first hand Bitcoin will never reach that value and we have to be realistic and not dream because this is all wasted time if we talk about that it will reach the $10,000 so stop it also. And no Fiat will be not worthless if that is going to happen but first you must let it happen and than we all can talk futher, the price is not even rise in the halving now.
Right 10,000$ in only in his dream because we know that the price of bitcoin can not reach that price. Fiat is can not be worthless because you can not use bitcoin directly to buy you want you need it first to convert it and use fiat to buy things. It's not really just in our dreams. Bitcoin used to seem impossible to reach $1 in the first years. Then it seemed impossible to reach $10, and then $100 and then $1000. Now it seems impossible for the price to reach $10k, but in my honest opinion.. With the recent halving, it's not impossible at all.
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Bitcoin can't make banks disappear,cause banks are protected by goverments of different countries and bitcoin is illegal in many countries, it's really matter
yeah people must take a notice about this , banks available around the world and it was regulated under governments noone can touch it bitcoin is far too weak compared to banks for now but who knows in the next few years it could be i just have more doubt on this. bitcoin is much stronger that you may think. but the fact that it can not replace the fiat as we know it only shows that government is stronger. and also they are deeply involved with fiat so they won't want to give it up; Yup banks are the strongest financial institution that we have and comparatively the size of bitcoin is too small and banks holds maximum satisfied users who will keep on growing over a period of time. Banks is a big institution or an industry since they are the one making the paper money in the circulation and banks have rules that they follow created by the government so people feel secured of their money entrusted to the bank, while in bitcoin there are no rules so it is not secured at all. It is secure enough to be used by a bank. Otherwise, nobody would use it. It's only the control that is missing, and we know they want to control us.
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Investing your bitcoins is the best idea you can have i think tat allof of people will invest their coins becuas investing your money will cause allot of moneyu ytou know and that is really nice making money!!
Where do you invest the bitcoins? There are too many HYIP sites out there but most of them are scams. The best thing you can put your money in should be creating your own online, international business. Most successful businesses are the international ones. When it comes to Bitcoin, I guess an unique game like SaberPlan had could have a big success.
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I've got Bitcoin because I like the that it's easy to use and there are a lot of great users in our community. We're building it up and I hope we're going to reach a high number until the next year, when the price will probably rise a lot.
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If you need it urgently, go ahead and borrow some. But you need to return some extra BTC with it for sure. I'd rather get money through campaigns than this.
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I wuld never receive my ssalary in bitcoins and do you know why because i dont like to see my salary going down you know and that is why i dont want to receive it because i dont want to lose my money in just couple of days,
Lol, Bitcoin doesn't go down that easy. We've seen a lot of spikes, that's right.. But the price going down doesn't always mean it'll stay there (as you can see, it went down to $200 months ago and now it's $650).
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I don't exactly understand what you guys mean when saying 'investing', but I'm going to assume you're talking about putting money in a website (funding). So I never did this and I think it's better to create your own gambling or trading website instead, and you can make a good profit out of them.
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Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
Yeah stealing Bitcoin is illegal because you are taking something that does not belong to you so it still is stealing even tho it is online. You should have more wallets if you want to prevent Bitcoin being stolen from you. More paper wallets, not online ones. Paper wallets are the safest. I feel way safer since I have moved my balance to dozens of cold wallets.
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By the year 2017 there is no special event similar to halving, so only the gradual increase in price of bitcoin needs to make it a year of bitcoin. This can be predicted by this year end price rise. Also adoption of bitcoin makes some impact upon the price movement.
New investments mean more resources needed, so there is going to be the need of money to buy the necessary rigs or the miners will make no profit. The price NEEDS to increase if we want Bitcoin to succeed.
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We are part of that price change. The popularity of it, the mined coins, the hashing speed and many other factors are very important to the price. If only one user would be using Bitcoin right now, the price would go very low because it's not used. If we got more users soon, we will see a skyrocketing price.
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I would rely on BitcoinTalk signature campaigns. They're the only ones you should trust apart from other services like a job with a real, trustful owner. You can save or earn money easily from campaigns.
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An anonymous making a simple advertisement and being paid $1300 for EVERY sale? That means the product should be at least $2000 for you to have profit. Something doesn't smell right here, you don't even have an escrow.
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A little of both. You can save money and invest part of it to make sure you get some profit too. Investing all your money in something can be a mistake because you never know when it goes the way you don't want it to.
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I'm not going to do that anymore after the many times I did and then it rose up. I'm always unlucky, I mean now I'm saving and the price is stable... I want to save and wait for the price to go up, and I'll sell it next year.
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I guess it's going to become popular in two years or so, unless another 2008-like (or even worse) crisis will take place. We've seen a lot of spikes in the price of Bitcoin and I have only a few friends who know what Bitcoin is, and now they don't know if they should invest in it or not. If everything goes well, by the next winter we'll make another price history again.
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So, now we are sitting on the highest price since the Bitfinex hack. I think the crisis caused by that event might be finally over. Plus, with current economic and political uncertainty bitcoin will be gaining momentum. It is the last stop before we will reach $800.
The end of the year is well known for having a price increase. Tensions in Syria have convinced many of us to just go and find a refugee in any other currency but the global ones like Gold and Bitcoin. They're safe for now, but of course Gold is safer than Bitcoin is because it can be used anytime and anywhere in case of a crisis. I expect a high price too, the top of the year until January.
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Why is gambling so addicting? Just because gambling could make you happy. People always get addicted of some thing that make them happy. But something addicting always have a bad cuases
Not everyone is happy when gambling. Some of us are gambling only because we lost money and we want it back. Fortunately, that's not my case. Whenever I had any friends who lost their money and kept going back to casinos, I told them to simply stop betting at all and they won't lose more money. I prefer to know that I lost $5000 rather than losing more and more hundreds of bucks every day passing by. In the end, you will only have more loss than you have planned.
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there are not people or government that control it
This is an issue. Not for us but for the governments because they are actually looking for control. Governments never liked having people out of control, so Bitcoin is like an enemy right now even though they don't seem like caring about it. Bitcoin was either created by a government if they really do not care about it just to fool us with this 'anonymous' thing or they just don't plan anything with it at the moment.
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I didn't. We should have more options to trade/invest/save in. I'm saving Bitcoin, Monero, Gold, Silver and Yuans. I prefer having more so that I have less chances to lose my money. If you got all your money invested in just one thing, the investment can fail and you'll lose.
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Bitcoin, maybe not. But things like Blockchain can definitely help more. It sort of brings transparency into the system and reduces corruption.
I feel like the internet and mobile connections should be something everyone should have access to, and only then with the true potential will be realized. Without those things in place, its pointless to argue about bitcoin being of any help.
The problem is about who gets the access to the money. For example the money can be sent through charities, but who knows what the money is used for in reality? It cannot help poor countries because it's based on Internet and energy, which is one of the things poor countries do not have.
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