By bitcoin I can get some money and profits are sizable. That could help my income. I also really like the ease in bitcoin so that I can benefit the easy way. Transaction costs are also very favorable cost me, and I also liked the fluctuation of bitcoin as I could take profit.
Yeah price fluctuation is an opportunity to make regular profits, and as a trader I simply love it as if there would be no price fluctuations there would be no profits too. but also such a disadvantages and the reason why so many company,market,or store out there avoiding to use bitcoin as their payment option and maybe without price fluctuations bitcoin will be more popular than today because so many store could possibly accepting bitcoin but both side of fluctuation having disadvantage and advantage so it's fine Yes big companies who wants to get into bitcoins will surely hesitate by looking at its price volatility, on the other hand, traders will never prefer to miss a single opportunity to make profits from it. |
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I can not spend bitcoin itself in my real life i always do in my bitcoin is to exchange it to fiat before i can spend in different store here in my country because until now there are no stores accepting bitcoin.
yeah I think we do not need to impose to use bitcoin as a payment option for today will be very difficult to find merchants who accept bitcoin. may be different in the future. so now I can just convert it to a fiat first and then spend it Yes and I find any problem in converting it to fiat and spending them as by doing that we can manage to buy anything that we want which not possible with bitcoin directly. Me, I do not find any problem with converting my bitcoin to fiat, though in our country bitcoin is that popular yet but our local exchange has a made a great job of partnering with banks so we can easily cash our bitcoin into fiat. In the future when I can see more merchants adopting with bitcoin then maybe I would try to shop sometimes. Yeah in future we will find many merchants who will start accepting bitcoin as a mode of payment and at present we can spend them online or by converting it to fiat currency. That is correct in future it would surely be adopted already by some merchants in any country since bitcoin is becoming popular as the years goes by which we could finally spend our bitcoin without the need of exchanging it to fiat same as we do as of today. Well lets wait on the progress on bitcoin adoption. Yeah and if we look at the past then it also took long time for many countries to accept payments via credit card but now we can use it everywhere and if future we can expect the same with bitcoins too. We really cant stop bitcoin progress and adoption on any countries since it gradually been known by people because bitcoin is useful and it really gives us convenience especially on fund transfers and does have low transaction fees. Spending bitcoin physically is impossible for now. Yes its impossible to spend physically especially in third world countries, but if you are living in Europe or Brazil then things can be different as there are many physical places that accepts bitcoins. |
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Are you investing your money on Bitcoin?
Do you use Bitcoin to buy things in internet?
You earn money with Bitcoin?
Im here in bitcoin because my friend introduce me here. I was thinking of investing in bitcoin but someone here gave me a decent amount to start with. I haven't earned enough to buy things in the internet. Im sort of just starting out with bitcoin. I am currrently in a signature campaign so i can say i do earn money with bitcoin. Its good to start earning them from signature campaign and over a period of time when your rank will get higher, it will also increase the level of your earnings and you should also try other ways to earn it. |
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IMO, something more advanced will come up by 2100. Some better technology probably.
Yes technology is evolving by day but I dont think it will throw bitcoin out of business.I feel it will only going to make bitcoin stronger.Compare old bulky desktops with new latest slim laptops,they only have increased the number of computers users We cannot visualize what will be the exact scenario in the year 2100, if technology gets more advanced then there is a full chance that bitcoin will be replaced by new and innovative currency. |
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Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?
We should have trust into bitcoin, Why? it is because the edge of bitcoin is very easy and convenient to use to anyone. The advantage of it, is also general to use in any aspect of business, like in money transfer, payment transaction to those business who accepted bitcoin. bitcoin is indeed good for business like money transfer,but about transaction payment,there's so many company still trying to avoid bitcoin due to volatile characteristic so i can't agree with this point,so bitcoin is good for business but not for all aspects People will not prefer to use it for buying anything, as there is no scope for spending it offline but even online shopping is creating a problem due to high shipping costs. |
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How safe is it?
If you do not mind spending the money to buy a bitcoin, then in the future you might be waiting for a reward for your purchase. Bitcoin is forecast can only grow, although we were witnessing when bitcoin fell very sharply. But the risk can ever be justified. Suggest can be anything, but today bitcoin valued $ 620-640, and spend the money on bitcoin not everyone can. It is better to give advice to finish bitcoin and then success will not keep you waiting. I'm sure the price of bitcoin will keep raising and it's a good plan to invest on bitcoin with your money for now. I predict the price of bitcoin will reach $650. Yes $650 can be achieved in next couple of days, and it will be good if you buy with current rate as everyone is also hoping to see $1k price at the end of the year. |
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Definitely responding to a question about investments, you need to answer in the affirmative that the investment will bring profit. The main point of this question is, where to invest and what to invest. I think that all good resources will not advertise themselves and nobody will give.
Without experimenting with your money you can invest them in trading sites and start trading altcoins, if you can manage that well then you will be getting some best returns on your investments. |
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Try to have a nice job with high salary, and owning some business and with a little extra time on bitcoin , to have some extra income . With this you can increase your chances.
That is a good suggestion. it is better to earn the bitcoin as part of the salary. That is more secure and constant cash flow. Well it is really hard to get a nice job that pays high. Because before you are going to get a promotion or a position that pays higher than your expectation is really hard to reach unless you are really a skilled person and you have what it takes to deserve it. But having one source of income is not enough to be rich you must also be an entrepreneur. It depends on your skills and abilities if how much money you will get from your job, the more skills you hold the higher position jobs you will get, and if you have some extra skills like programming, web designing etc then you can use them online as well to earn some extra money in free times. Yes and you cannot depend only on full time job to get rich as it will depend on what salary you are earning from it, and if your salary is not too high, then its better to multiply your source of income. |
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In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
I cannot accept bitcoin as my salary even I'm not a employee at the present time now, Because the disadvantage that I saw from it, is the ups and down of the price of bitcoin/fluctuation. Unless the price is fix to 1000$   Neither can I , you know there will be so much problem if we are going to receive our salary that is in bitcoin , and right that's the ups and downs or the fluctuation . does any of you wan't to receive an inexact salary ? you should still pick the real money instead of bitcoin when it comes to your job . But when bitcoin would be used in anywhere like super market and other where we can't use it now, than i am sure no problem for us if we get our salary in bitcoins. Now we are not agree to get our salary from bitcoins, because we have faces too much problem to use it. But when this problem will be solved than definitely everyone accept it. Well the reality today that bitcoin is still lack of adoption and there are no super markets here in my location and as well as fast food chains. But if that is going to happen for sure I will going to agree to accept bitcoins as my salary. But I'm still doubtful because accepting it would be a risk to your profit, there is a possibility to loss and earn. We can accept our salary in bitcoins only if price goes higher and if its stable and I don't think that will ever happen in future as its hard to expect price stability in bitcoins. You're absolutely right, but if we can already get a bitcoin way very quickly. Then increase bitcoin is not something thing that becomes a problem for us. Because the price of the bitcoin it doesn't have enough bad effect on those who have a lot of their work results of the bitcoin (free). So if you want a good thing then we have to be patient Even if you are earning it for free you cannot expect higher income from it and if you want to earn higher then you need to invest higher capital in it which is not possible for everyone. |
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To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.
Thats how it should go.
Yes it is done, however the transaction speed is not as fast as you thought, so how can you get your things if your payment hasnt been confirmed, and then how would you know you will have enough bitcoin to buy your things since there are no price tag in bitcoin in every thing that you want to buy, so i think bitcoin not yet ready to be applied in grocery store Yeah we need to wait longer to use in grocery store to buy daily stuffs, and even if it takes long time people should by happy that they are able to use it online. As we are going into the digital world and bitcoin is getting more popular, time will come that stores will be accepting bitcoin, they will surely see it as an opportunity to increase their income as they can fast track their services and minimize on the expense on the labor cost, everything will be automated that time. Yeah it would be done in future for sure, but till then I think we should keep on saving our coins to get higher benefits in future or sell them to fiat if you are satisfied with the price. |
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Bitcoin doesn't have that high scope that it can be used or help us in our daily lives, as bitcoin is not accepted anywhere at a moment that makes it difficult to spend them.
Its not the case you can be still exchange them into fiat here in my country we can instantly exchange them into fiat in the banks anytime anywhere.. I don't think to other country if there is banks the same as here in my place.. Yes its very easy to convert bitcoins to fiat currency and that also in no time, so if you cannot spend them directly, you still have an option to convert it to fiat and then spend. |
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I hate her rate of bitcoin is unstable sometimes makes me suffer losses..  It will give you losses only if you sell your coins at the wrong time, if you can have patience and hold your coins tight then there is no reason that you will suffer losses from it. |
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If I could predict in 2017 there was some progress than bitcoin. As many know bitcoin so much to use and adopt. Moreover the price in 2017 will be better than this year. Maybe it was a definite change occurred in bitcoin 2017. I also hope that the scam sites on bitcoin will be reduced so that it will be easier to use.
After too many scam sites run people money I think now they already learn a lesson and I agree 2017 will be big and the scam sites will reduce thier innocent victim. Till people will keep on entertaining those sites by investing their money, those sites will always keep on operating, people should understand the fact that there is no formula to double coins. There is always a formula because it is possible to double our money in bitcoin but there is also a possibility we lose our money instantly, everything is a gamble here and we are only basing our decisions on historical and present facts to have at least an understanding on the right speculation. He is talking about the ponzi sites where you invest your money to double your coins, as if that would be the case then site owners would be busy in doubling their own coins. |
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The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.
The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.
I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.
The prospects were not bad this year, but because of problems in commercial markets, in particular bitfinex, bitcoin fell dramatically. Therefore, in 2016 it became the black for many a year. The hack does not really affect that much on the bitcoin economy, when you see the opening price of bitcoin this year you will certainly be surprise on the substantial growth and that alone who qualify the statement that 2016 is the year of bitcoin. This year is certainly the year of bitcoin as we have seen major price rise in this year, and the year has not ended yet, so we can expect even higher price in the end of the year. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Yes its going to impact the bitcoin price, bitcoin is depend on the demand and supply chain, if the supply suddenly increase its going to cause the price to go down, and if a lot of user do this bitcoin can become worthless, so panic buying is dangerous for bitcoin price Maybe you mean panic selling? panic buying would result to increase its price because the supply was decreased and volume would lessen which causes to the price to move up. Panic selling would really impact bitcoins price for sure if huge amounts of bitcoin have been sold then it lowers the price for sure. Exactly panic selling is dumb and panic selling will cause alot of regrets and lost money because when people panic sell is when I make my money. When you start to panic sell prices will crash and I will buy alot which result in other people buying alot too which makes prices rise again. Big whales takes an huge advantage from panic sellers, as people lack patience which results in selling coins at the wrong time, and that would be the best time for us to have some more coins in wallet. |
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If you really want to save money, my advice to you is to keep your btc into your btc wallet and never waste it into gambling, hyip websites or this kind of thing.
yeah i think avoiding anything risky like gambling, hyip, ponzi and so is a good idea to avoid a big loss? I think it would be beneficial for the storage of your money? but other than that you need a plan other than to avoid gambling? you need to make a plan dude making a good and proper plan and doing solid home work at your plan is very important to prevent yourself from these loses, there are lots of scammers wiling to scam people. and without good planing you can be easily scammed. Putting money in gambling or ponzi is not an saving money, its an one kind of investment that you are doing hoping to get some profits, better to put money in bitcoin and keep it for future. Its just commonsense thing that its not really saving up your bitcoin since you are investing it on other things and risking it for more profits. Saving is just keeping it totally and should not be touched or being spent in the long time. I think you have to distinguish between saving and investing. save money in bitcoin is an investment for your money could be reduced due to changes in the price of bitcoin? so I think you have to be clever in dividing funds between the store and investing Yeah putting money in bitcoins is an investment but it can really work for you in future if price goes higher, so its always better to put money in bitcoins instead of keeping in banks. |
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i quit my job and focus in bitcoin now
Don't focus on bitcoin mate because bitcoin is not just stable and bitcoin is not in the long run theres a chance that bitcoin will disappear well find some stable job where you can earn money or salary it can help you to support your self of course and your family too never depend your life on bitcoin. Only those people should depend on bitcoin for their life if they have already earned enough and converting them always into fiat and saving them in a bank in outside world, or the ones who are always earning a good amount that they can weekly cashout and save in a bank so that they can use them easily if they want, but it is not for those who does not have any options like that and earning just a little everyday like me. Getting full time on bitcoins will depend on how much you can manage to earn from it on weekly or monthly basis, if you have only single source of income from bitcoin then its better to continue with day job and keep bitcoin as an extra income. |
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Bitcoin my opinion is the place to invest. We can take advantage of the fluctuations of bitcoin so it would be ideal if used for investment. And it would make a profit. If I use bitcoin as a currency that is not possible because in my area there is no who accept bitcoin.
Yes we cannot spend it as a currency at a moment at physical place so its good to invest money in it and hold it till the price goes higher, and if at any point of time you are making good profits then you should sell them. |
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Do you think that people hate bitcoins why?
Are you hate bitcoins or like it.........
But my answer is I LIKE BITCOIN.
I like bitcoins very much! And if there are people hate it I don't care if there are my family, friends, relatives, or my special someone. At least, even they hate it bitcoin get their attention without saying anything about it. It looks easy but its not really easy to convince someone who hates bitcoin because the technology of bitcoin is quite complicated to be understood verbally unless someone uses is himself for sometime and takes interest in it then they might understand what it is and how it works, otherwise they would ignore your words and keep hating it again. Yeah people who don't believe in new technology will never try to get into bitcoins as they might find it difficult to use and will not prefer to try something that is totally new to them. |
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If bitcoin price would fall to the bottom then I would purchase more and then when it goes up again then i would sell them like any other person.
Last few days they actually went up again and again so i dont think they will be going down anytime soon.
Yeah we may see price rise in coming days too so I don't think there is any scope for price fall, but in future if price goes to bottom level then I will prefer to accumulate some more coins. |
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