Its nonsense because you just only enjoy your salary by spending them into things that give you a happiness and it can help you.
They youth of the countries today generally believes in spending rather than saving. I am talking of the youth who are new to work and getting the first salary so will never think of saving they just believe in spending the money with friends and that process keeps on going for ever and ever unless they don't get aware their responsibilities towards their families. That is true generally people believes in spending as compared to saving but I believe you should have an action plan for how to save money you need to follow that plan and just you need to look at expenses at the end of the week and try to reduce it in the best possible way If you have a proper plan you can save money in a most proper way. |
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Bitcoin is still a slave of fiat because we use fiat to buy bitcoin not use bitcoin to buy fiat  Also, people still think think how much bitcoin worth from its price not total adoption Very rightly said and I still feel that bitcoin can never replace fiat as there are many things which you cannot buy by using bitcoin like grocery stuff and it would take a very long time when the grocerries and the small shops starts accepting bitcoin as a mode of payment and I dont think in near future that bitcoin can replace fiat. You are right half a way but I think it can replace fiat no doubt it will take time but it is not impossible as the future is uncertain and you never know what future is waiting for us so it is like 50-50 at a moment but you cannot neglect the fact that the people are getting more technology friendly and will not hesitate in adopting new technology. |
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Bitcoin or Gold: This is a really tough decision to make between the two but if i am forced to choose one, i will go with gold.
No one is forcing you but you have to choose one. So choose what you think can make a difference in the future. And gold is always a better option over the bitcoin as we have seen the good times and bad times of gold in the recent past but the investors have always enjoyed the success of investing into it. yeah! i choose gold because of its stability and the assurance of getting a return. Yes the stability and the traditional nature of the gold makes it more attractive over the bitcoin and the reason is people mostly trust gold as they have invested on it in the past and have earned good returns and even if they dont sell it they know the value of gold will keep on increasing in the future. |
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For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up
For believers everything is easy to see, because they believe...  I think you don't have to believe in Bitcoin, even if you take an analytical approach it's pretty clear that it's a much better money system than the corrupt one we have now. it's better for sure, but it doesn't have support from governments to make it widely adopted. that's why it will stay just an alternative. it does not need the support from government at all, to stay competitive against fiat, it only need more people using it, that's all, those who do not utilize it, have a problem in handling the bitcoin security, and they are still to addicted to a form of a central security It is a matter of habit towards the new(bitcoin), you need plenty of time before their habit will be moved toward a decentralized monetary system, like bitcoin like someone said,(it was satoshi i think) bitcoin can or die or reach the moon, there is no middle way Exactly there is no middle way for bitcoin. Either it will reach the moon or it will just be an topic of history in the future and people would just keep on talking that there was a currency like bitcoin in the past but it didn't work. How it will work without the awareness level of the people and we don't want that bitcoin should only on the paper we wish that it could change the financial system. I don't think it can change the world or the financial system of the country. Its behavior would be the same as it is at present It can never bring the revolution across the globe which internet did. Today internet is the basic necessity and there is no alternative for internet but there are many alternatives for bitcoins so we need to take it easy. |
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In my country nobody is aware about the bitcoin and if I suggest them or try to give them some knowledge about bitcoin they are simply not interested. They simply say why should invest in such a product which we are not aware about. They generally prefer to invest in gold, land and shares as they trust it more.
Everyone has their own concerns and not always interesting to listen to the tales of Bitcoins and how I bought cheaply and sold more expensive. you need to make more efforts It makes no sense to put more effort. Bitcoin has no referral system. The people who are tech advanced and know what bitcoin is they will start using it and they don't need any knowledge giving from your end and those who are not aware and not using they will never go for bitcoins how much efforts you keep in or how much you try to educated them regarding bitcoin they will never entertain it. Ya but it varies from country to country. If I talk about my country hardly few people would have heard about the bitcoins but they would not have used it anywhere and I am very much sure about it as they find it risky to use something they really don't know so it will long time in my country that people start using it. |
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You cannot be so sure that it is a scam as it is making a payment on regular basis so it would be too early to make a judgement that it is a scam. The people are against it as they are not able to digest the pay out they are making and surely they will say it is a scam but it might prove to be the best campaign in the future if it is genuine as its payout is the maximum.
I haven't invested or looked at any of their investmentment plans but in the scam accusation thread , there is enough proof to show that they have faked a lot of things on their website. I couldn't even find an ANN thread for their investment site, which makes the way they run the site extremely fishy. However as for investments , I have seen a lot of scams making payouts in the start and then stopping after they make enough money, so you would want to be careful where you invest your money. Yes they will pay for certain period of time to attract the users to join their campaign and they will surely pay for month or two to gain an attention from the users and once they are done with their profits they will simply disappear which would directly affect the investments of the users so it is better to be more careful before joining campaigns. |
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I haven't been recommending as it was in a steady decline in prices and I am glad I didn't otherwise they would've been angry at me now. Around 4-5 friends are aware that I have Bitcoin and they call it "fool's gold".
LOL.. Recommending and accepting it are two different sides of a coin. Even if didn't work for them they cannot blame you as accepting it or not it is totally individual's decision our job is just to create an awareness level to the people whom we know as it would be profitable for all of us if the adoption level is high. |
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Convenience offered Bitcoin become a serious rival to mastercard on trying than complicate bitcoin regulation,Mastercard trying better to make inovasi or new event to attract consumers.
That is true but master card is just an payment system it is not a currency like bitcoins so I do not understand why they are attacking bitcoins as the customer segments are different for both the products and people who believes in paying by card they would generally prefer master card and not bitcoins. Yes and I don't understand why people are making issue out of it. It is not that big news that it will change the lives of the people who are using master card and bitcoins. It would sereously won't affect anyone neither the master card nor the bitcoin community as people will go with the products they are used to it. |
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alt coins are only in the hands of a few in my country, no company uses altcoin, in fact very few know about alt coins even though there have been some national exposure.  Don't you think alt coins are risky as compared to the bitcoins?? I think it is risky to hold altcoins as their nature is unpredictable and we are not sure about the future of altcoins where as we know that bitcoin will last for longer duration as compared to altcoins so it is better to invest in bitcoins. |
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Online shopping mostly, for digital stuff like games, items, etc. And buying phone credits too, in case I'm too lazy to go outside.
Gambling, rarely, just for fun only.
I use it for phone credits too and it is the best way to get phone credit in fractions of seconds and I also use it as I dont want to get involved in using the banking systems like going to bank,standing in a queue to solve the issues related to my savings ac or credit card so I prefer using my bitcoins for online transactions. |
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His first saying is do not invest in anything you do not understand. That's why he never touched tech or internet companies. He's old school, and avoiding Bitcoin is understandable.
Yes we know that he is the one of the richest person of the world but it doesnt make him that he is correct in whatever he says like today new technologies are getting into play and he has never been into the tech world so how can he be so sure about the bitcoins and he have never used bitcoin so I believe we should just ignore him He got to be one of the richest people of the world through gambling on stocks, shares, and currencies. I'm sure he knows more than most will ever do about his investment choices, but ultimately he took gambles and got lucky. Why should we take his advice not to gamble on Bitcoin, especially as he doesn't understand it? By telling people not to gamble on Bitcoin he has become a gambler telling people not to gamble. Great Point. I simply agree with you. The best thing is to listen to yourself rather than listening to others. We know that he is a great person but now we should not forget that there is a generation gap and the youth of this generation are much more smarter than the traditional people they will not get carried away with the news they will do only what they believe in themselves. I think he have totally lost it. And what else you can expect from him at this age?? lol.. The generation gap and the technology gap plays an important role he still believe what he used to believe in the past he is not in tune with the latest technology and one more point is he doesn't hold bitcoin so he is against it  Lol..Just remember old is gold but I don't think that what he suggests related to bitcoin can make any difference to the people who are already involved into the usage of bitcoins. People will speak anything about everything but the ultimate decision maker is the individual himself. |
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i don't really think using bitcoin as a retirement account is the best option because the future of bitcoin is not certain as nobody really the future. Predictions is possible but it is not 100%. It could be profitable at the longrun or not profitable at all. Well, everything has risk, you just have to gauge the risk very well before taking the decision.
Nothing is sure with related to investment at present Either you go for gold or real estate no one guarantees you the profits but you can trust bitcoin over the gold or land as the financial gurus have predicted that it is the future currency but you need to follow your heart and your mind to get into a particular decision. |
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Money, obviously  Also yeah, sending payment is easier now, also "let's hope to get richhh!!!!" Yes and for me it is an future investment which can give me best return on investments in the future which no other financial product can give. So I believe in investing in bitcoin at present and hold it for the future and sell it when it gives me right price and right return on my investments. Yeah, the prices still low atm and this is probably the right time to buy some. Yes and if you have excess fund then don't go for any other product like gold,land or shares just invest in bitcoins as the nature of bitcoins is volatile you never know withing few months it can get to doubled prices which can prove to be profitable and get maximum returns within a short period of time. |
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While giving their statement of why bitcoin is bad, Mastercard has a team working in the back room that enables them to process bitcoins as soon as regulators approve it.
Yes and I think master card is scared after looking at the customers of bitcoin as the people are more and more getting involved into the usage of bitcoin that really threatens them and they have a fear of loosing their customers to the bitcoins and it is good sign for the bitcoin customers. |
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Mainly people hate islam as whenever some terrorist attacks takes place the first thing comes to mind is that muslims will be involved in it and for our surprise everytime it has been proved true so now its a mentality of a society that only muslims are involved in killing other human beings.
Not really. Almost all of the times medias tell the killers are Muslims and most of the times they aren't sure. Media outlets need news appealing to people's gut feelings to sell copies, advertising, etc. Some days it may be presenting a killer as muslim, on other days it may be pippa middleton b side & so on. Due to this being financially driven, non-Western media outlets may replace Muslim killers, pippa middleton b side type news with themed ones more appealing to their viewers, subscribers, readers gut feelings. Just my 2 satoshis, however. Thats true can't afford to trust the media people they will do anything to make it a breaking news and to increase their channels TRP so its difficult to arrive on exact judgement and people are influenced by media that will start accepting the things even it is a lie. |
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50 years is too long of a prediction, we can't even predict what price will be tomorrow and you want us to predict the future of bitcoin in 50 years
one can only base his opinion on probability here, i say that probably it would not be rubbish or global currency but it should reach a good spot in the world economic system
Ya thats true that it is really difficult to predict the future of bitcoin for next 50 years but if you ask me about next 5 to 10 years then it will reach to a next level so without thinking of next 50 years its better to concentrate on present and believe its a right time to invest. |
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The value of Bitcoin is hard to evaluate within 5 or 10 years and is not always the way as you think. why don't we got the salary and use it to buy and sell Bitcoin for investment. I think the employee is crazy if he accepts the method.
I believe that is right we cannot judge the value of bitcoin in coming future but it has a good future so investing in bitcoin would be a wise decision I believe. And if the prices climb up then it can prove as a best retirement account and obviously earning high returns. |
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I would keep the gold in hand and never sell it for 10 years, while I would't keep Bitcoin in hand with no transaction. In somehow, the Bitcoin is just an invstment and I have to let it go and back for interest.
Gold is better then bitcoin would love to invest in it as it is the best investment product and don't go with the present prices just think of the future and it will definitely give best return on investments say after 15 to 20 years but its difficult to judge whether bitcoin will survive or not. |
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It has been used in many business fields. When more and more people get used to it, it will be servive. Habits are hard to remove.
The problem is big companies are using bitcoins but we need that even the retailers, merchants, shopkeepers should start adopting and accepting the bitcoins then only the purpose will serve as people will start knowing it adopting it then the future of bitcoin will be safe. |
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I had no choice but to buy because when I arrived in btc the price for miners was and still is to expensive for me to even think about, plus not profitable enough. I managed to buy enough that I can trade and make some extra over this time managed to make profit so I have more than I started with and I am not hear to become rich from btc I already have a day job, just a hobbie for me.
When I entered into BTC the only option I had was to buy it and I bought btc and started to grow and at present I have good amount of btc in my wallet and looking for some more investments in btc as this is the right time to invest as the prices have gone down. |
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