I think most people I know, don't know about the existence of bitcoin.
yes same here. people in my neighborhood dont know and always ask same question "what is bitcoin?" Sometimes I am disgusted to listen it  it is normal that they do not know bitcoin. bitcoin is not so popular. bitcoin only famous in online business only. even many internet users who do not know what is bitcoin. so it is better to focus on the adoption of internet users in advance. made famous in the bitcoin internet first People around me were not aware of bitcoin. Recently I encountered with a hope of spreading easily. I explained to a person who is unaware of technology but interested in internet. I explained various details about bitcoin and showed him ongoing high value transactions. He got astonished and said he too needs to be a part of it later. |
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The confusion is obviously because of the same name. Now of a person has only known about epay.info if he sees epay soem where he will obviously think it's epay.info as he is unaware that there is a epay.com As for me I am aware of both of them  maybe, epay.info is older than epay.com, of course, epay.info is popular than epay.com I really feel sad for the low-popularity of this thread Nothing to get sad. Most users here in the forum were much aware of all those websites you have mentioned and most were more used to it. So they understand its just a difference in name with lots difference in the service provided. |
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Many people do not know about the existence of bitcoin, little information(
Yes and maybe also they know that it exist but dont know anything else what is within it or what it can do. I guess they are too busy working themself too. People are stopped just with the negative statements put forth from its early days of existence, and major reason seems to be the failure of large number of such digital currencies. |
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I am trying to develop my skills at a moment so that I can start earning bitcoins in a best possible way as of now its not possible for me to depend only on bitcoin for living.
Good luck with your development friend, if you got the skills that needed by many bitcoin users i think you can earn a living with it by giving good customer service and by satisfying them. I'm sure you can depend on bitcoin in the near future. If you are programmer you can make bitcoin for livings cause man y oppurtunities for programmers to earn lot and lots of bitcoin. But for me im doit for sideline income i earn bitxoin mostly of my free time and im happy to put it on my bank account for future savings.  Real-time opportunities are found high for programmers. Even if you doesn't need to get committed to a particular firm, you have got the opportunity to do freelance and get paid by completing the task with the stipulated time. |
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I use it for gambling and trading
I too use my bitcoin in gambling as I have not found some other stores or source to spend my bitcoin directly. The remaining part I convert to fiat for regular needs. |
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Bitcoins are going to be the currency of the future and anyone with a brain can tell that SO I buy bitcoins to be in the future mannn.
Do not wait until it becomes the currency of future, buy and sell at regular intervals to enjoy the quick profits, holding too long can be unprofitable if price falls back to $250   Indeed buying them now is much better because now you can still make a lot of profit with it because of the price that is staggering these days. Also the fact is that the bitcoin is getting bigger everyday, I'm buying bitcoins because of the profit, just for the profit only. Indeed buying bitcoin is very good cause many programs leaking now offers as bitcoin for service pays and fast transaction. If many people aware to it i will say bitcoin wi be boomed and be used to our daily livings like credit card. Yeah many people will start using bitcoin once they are aware about it and we can also find many place where we would be able to spend it directly, so buying now is the right thing to do. Most people will start using once they understand the technology. We get the opportunity to spend it directly only when large number of users try using their earned bitcoin directly rather than converting or saving. |
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Lack of choice to convert to cash basically coinbase is it for me.
Not fair, now lot of choice is there to convert bitcoin to real money. If you feel convenient with Coinbase go for it, else you can find various exchanges like yobit, localbitcoins, bit-x, spectrocoin..etc |
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I would use bitcoins for every day transactions you never know with the volatility holding it day to day could destroy you if you hold all your money like that lol
If you hold your bitcoins like a gold but If you hold your fiat currency means you will not get anything better like that. true maybe i should turn my bitcoins into usd now to avoid a loss? what do you think? but now the volatility disappeared from the life of bitcoin, now is the time when bitcoin price grow up daily and will continue and will boost up in the mid july when halving occur, now holding bitcoin will benefit you. that's uncertain, how if people holding all of their bitcoin for halving and massly selling those bitcoin when at the time? don't you think the price will fall? Agreed, at the same time a large accumulation gets released which will increase the circulation of bitcoin and this will surely compensate the price, if price fall is expected. |
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Bitcoin is more safe than bank, have low fee and you have the control of your money.
short or long is good.
Lol I think it's wrong. the bank is much safer than bitcoin. centralization makes them more secure and protected by the company. when you lose money. surely they will be responsible for their mistakes But with the decentralization, the chances of losing your money is very less unless you are not enough responsible. Because in decentralization no one can run away with ever money nor any bankruptcy declaration. I believe, compared to any banks, bitcoin highly trusted to save our money. Because I have seen many banks go shutdown after many financial crises reasons. With the bitcoin we can believe our money will be safer always. Banks or financial services which were run by private sectors often gets shutdown on sudden crisis as mentioned, but government authorised banks doesn't fade off easily, as government has the responsibility for the money invested in it by various users. |
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If the world war iii is happening bitcoin won't survive, because when the war is happen, there will be no one accepting bitcoin as payment, they will be prefer fiat or gold or maybe barter things rather than bitcoin
Only the country people who have been into the war will stop using it. Rest of other countries would continue using bitcoin as most has made it a income for part of their expenses. |
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Now we are in need for a increase in user profile. It would happen only if people start using it directly without converting to fiat. Also the acceptance will also increases with merchandisers.
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I dont think banks will dissapear, multi billion and since life exists cant be exctinted by new era anyway i would love they really dissapear from this earth (bloddydiscustingsuckers)
The banks are not only here to keep your money but they also have a number of other financial affairs, and are maintaining financial affairs of a number of organizations, companies and government etc. If you examine the current statics of bank users. Almost every citizen has a bank account. Whether its been used or not, even some countries its been made mandatory to have a account to withdraw government funds transferred to citizens. Really very tough to make banks disappear. |
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bitcoin has many problems that alt coin alternatives like nxt and litecoin offer the solution to perhaps this thread should be about whats wrong with bitcoin?
Nothing can be found perfect, right now supporting bitcoin seems to be the best for its growth as it has become an additional income provider as well a technology for the future. Bitcoin has problems at the same, the coins you have mentioned too have problem in different form. The outcome is how its been overcome. |
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In the process of lending, initial step is verification of the user with various identities. The next part is to get a collateral in advance other than money. Even if the interest was paid regularly with the submitted collateral loss can be compensated.
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By investing, make money and make mobey then invest on some legit site ,like trading that can make your money grow or join on a mlm companies.
Trading is risky though as it requires good knowledge and skills to make money from it but I think you need to take those risks if you want to get rich. Risk factor is found in all possible methods of bitcoin earning. So to have a reliable and high profit as said trading is the best of all. |
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Bitcoin wont replace dollar anytime dollars runs over the world people save money buying it,protecting their capital,or maximize it,bitcoin is good but has no power to hit one of the biggest currencies.
I don't think that will happen, at least not at this time. That's an exaggeration of Bitcoin fans, Dollar is a currency used worldwide on transaction in the real world, I don't BTC can replace that. Yes bitcoin will never replace bitcoin in the real world, as bitcoin has a super power owner which is supporting it, and that is the national sign in the world of finance of that super power, so USA will put all her efforts to make the dollar no:1 in any situation. It is a real fact about dollar which always looks to be in the top. Bitcoin will grow, if competence happen between these two, US might go to any extent to stop it's growth. |
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Set a fixed amount or percentage to save every payday. Put that amount somewhere you cannot easily withdraw or get to spend. Then live within the amount of money you have left. That will force you to earn more or be frugal enough to survive and save money.
I believe it is a good option to save. Other is to have the financial management in the hands of mother or wife. You would find them saving more than you expect. |
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Ask the person who is very interested to know about bitcoin, to have a glance over the Wikipedia describing about the bitcoin and the reason for its existence. After this learning it could make him understand easily if you brief him.
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Money laundering takes place through all possible methods. Bitcoin has been developed with a anonymous nature which helps in a better way for money laundering. So bitcoin is also used but we can't say bitcoin is the most used for illegal and money laundering activities.
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Gambling is the fastest way to double your bitcoins in a day or even in an hour if you are really lucky. Life is a gamble anyways so it's up to you to decide on that.
Even I agree that life is a gamble but I do not want to risk my entire life and wealth with the gambling. If you believe gambling is based on luck, then luck will not favor you all the time. Even life is a gamble we can secure it by taking calculated risk which is not at all possible with gambling. I think gambling is the best double ur bitcoin in just ew hours but I think also u can loss ur bitcoin faster if u make a little profit in gambling stop it and withdraw it . and play the next day. Don't be greedy if u are playing be contented. Always doubling of bitcoin is not effective with gambling. Only the result is based on how accurate we make predictions based with the real time. |
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