I honestly see no other reason why cash is better than bitcoins other than the fact that it's accepted by everyone. You have cash, you can buy things. You have bitcoins? You'd have to spend hours finding an online seller that accepts bitcoin. You're lucky if you have one in your country. You're even luckier if there's one near your place.
You are right, I don't even know how you can compare 2 different things. Yes I know they are both Currencies but the difference is one is physical and one only exist in the internet (although Fiat Currency technically is in the internet). Like what others say this should be a no contest since Cash is much faster, accessible, and accepted, the only advantage of Bitcoin is the ability of it to grow extraordinarily. |
|
|
|
3 years ago I thought that the bitcoin is a trash that is not important in our world. I didn't try to know what is bitcoin in that day. This is one of my regrets in my entire life. I can't believe that bitcoin will go far as this.
This mistake not only you made i think who all are using bitcoins now 90% of people made this mistake. Who knows that time the Bitcoin will grow like this. Why you are thinking about 4 years back story bro. Just remember once what is the BTC price last year same day. I think it will be around $600 to $700 or less. Did any one of thought next year same time the price will reach up to $3k. Nope right. The past is past now let's think about future better don't repeat the same mistake once again. One thing is for sure Hindsight is always 20/20 , which means that only a few of us exepected that Bitcoin will grow which they believe in it 3 years before us. We people who have missed the chance will for surely regret our decision of not investing with Bitcoin, but to calm you down to tell you the truth a lot of us didn't trust Bitcoin the first time we see it. |
|
|
|
|
I think that it can be both. Because based on my own experience I get to have fun while I am saving my own Bitcoin for my future. What I mean about that is I am happy that in the future I will have money prepared when I needed it the most. Yes I know it is much more fun to spend all your earnings for the things you like, but other people still are happy when they know that they are saving there money for the future.
|
|
|
|
|
It is the classic ask and answered technique in which your argument will be useless at the end. If Bitcoin is a complete garbage why are their still investors holding it after a several attempt of ramming it down in terms of price. What I mean about that is if it is garbage why is he telling an opposite thing about Ethereum and comparing is to a company in terms of market cap.
|
|
|
|
Bitcoin were into the up and down when there were the same players around, since Japan exchanges joined the market bitcoin price has jumped, i really doubt we will see bitcoin lower then 2000 dollars, such dump would cause panic over the most people, but bitcoin its a healthy coin, and wouldnt be the first time it does loose a big value, but loose 1500 dollars it would a deep attack at bitcoin.
i think now the investors have become so much mature and they are not going for panic selling, we have so many examples in previous days when bitcoin price fell down from 2970$ to 2500$. but now it is again trading above 2700$ which is really a good support to bitcoin. Yes at first when the investors used to panic selling the status of the Bitcoin at time was a different one and now it is not the same status. It is now a legalized currency by the Japanese government which have made the bitcoin more strengthen. People are now aware that the Bitcoin is got something in it that the world is accepting it so in such a situation people will wait for the price to up. What I am seeing here is that Bitcoin has a strong support in 2100$ and 2000$ level and it would take a lot of offloading by Big Players to take it down and of course with the participation of Small player' panic selling. Other than those things without it let us not hope that Bitcoin will enter the 1000$ territory not unless a very bad news will go into play for Bitcoin. |
|
|
|
I'm sure that in some cases children could teach their parents about Bitcoin. Sometimes kids now more then we know or want to beleive they are involved in. I know some cases where kids were earning bitcoins even with some illegal activities and parents thought they use computer only for playing games and Facebook.
I don't think that who you are talking about are kids anymore. Because when I'm thinking about kids I always think of them in ages 12 or below which still does not have enough cognitive knowledge to learn complex things like Bitcoin, at that age I don't even think that they are interested in earning money. Teenagers on the other hand always wants to find a way on how to earn money just like what teenagers do online. |
|
|
|
|
There may be a lot of reasons why people are saying Bitcoin is dead and a lot of them is totally different with one another. Some people might say Bitcoin is dead because they are too late to invest now at a cheaper price and they need to find another investment or others say Biycoin is dead because of how volatile it is and it cannot be trusted as a stable currency even in the future. But at the end of the day it is all just opinions of different people.
|
|
|
|
Saved 0.23 so far and tryin to trade but it is really hard to protect the capital you have. So I better use a paper wallet to store it without trading.
That is a good plan as of the moment, because right now the way Bitcoin change price is so unpredictable that the risk this time might be greater than the reward you will get. Accumulating Bitcoin earnings from now will protect your investment from unnecessary losses. Plus saving Bitcoin is easier and much safer as the value of it can increase after this profit taking is over. |
|
|
|
Dollars or other giant fiats are universally accepted , even in moon. BTC is gigantic also but with limited acceptance. By nature BTC is volatile and that will make the BTC holder even richer cause they will have big opportunity to multiply their investment. But as I mentioned before, USD or GBP will be far ahead. BTC may go beyond 20000 per coin but volatile nature will discourage mass people to enter into this world.
And By no means it will be replacing any Fiat currency, no matter what country it is from having a decentralize currency as their main currency could give them into a bad position in terms of country development can you imagine that your money is only limited to 21,000,000 it wouldn't be acceptable as a country needs to have a new circulation periodically. |
|
|
|
Using bitcoins as a sole and single source of funds as a full time job is difficult, I don't even know if traders can earn enough to only rely on bitcoins, the other problem is volatility which makes making stable profit from bitcoins a very difficult task. The only ones making full-time work on BTC are developers and employee of large bitcoin businesses, each of these have staffs even exceeding a small IT company.
According to my experience, traders do have enough money to deal with their life and raise their family. Trading should be considered as a decent job online and who want to make money as fast as possible, try to learn trading. I have seen many people which are rich thanks to trading You can be a Bitcoin Trader as a main source of income alright, but the only problem is you got to start with a lot of capital meaning that you needs to have a big money in order to have money. Right now you can buy Bitcoin at 2468$ which is expensive well in order to have a decent amount (if you want to sell around 2700 which has 232$ in profit) you need to be buying 3 Bitcoin for you to at least have a decent profit which will equate to 696$ if Bitcoin can reach 2700$ in a short time frame. |
|
|
|
|
Well seeing this post to be way back 2012, I think the circumstances have change. ATMs are not really needed but they can be an option for people who does not have direct access of buying and selling Bitcoin. The downside of using this ATMs are they have a high exchange rate in which you certainly will not have the value for your money in both sides.
|
|
|
|
Because cash is probably the fastest, and satisfying transaction. It looks clear like a transaction, and cash is also easier. But, if bitcoin is developed into cash, I think bitcoin will get better.
I agree with you in this one. Lets simply put a simple Fiat Currency better in terms of physical transactions. Giving cash to a cashier simply has no transaction time compared to what Bitcoin is giving to us. What I also mean about that is Credit cards/ Debit cards are funded by the use of Cash meaning it is still counted as Cash. Obviously in terms of transactions Both cards are faster in terms of transaction and confirmation time. The only thing that Bitcoin is better than Fiat currency is the value of it is growing over time. |
|
|
|
|
When it comes to online investment don't trust any of the so-called High Yield Investment Programs or HYIPs because they are not really a company that gives you high yields they are fake sites that will only run away your money, regardless of how early or how many you recruit it will always end up with someone losing their money because the possibility of this sites running away are high.
|
|
|
|
|
They'll end up to be ICOs that are called pump and dump coins in which the ICO really happened but it turned out to be selling spree of developers who wants to back out of the project, honestly they have failed their investors just by doing that. After that happening we will see the price of that altcoin become worthless or no value at all because it is a dead cryptocurrency.
|
|
|
|
I've done far better by pure guessing and jettisoning the education part. It's all largely a random shitshow so you may as well join in the fun. No one has a clue what'll happen.
Are you talking about trading as a whole or just about trading cryptocurrency? Because if you say that to trading as a whole then you are wrong because in stocks Trading do actually work and its not all about speculation, not like Bitcoin or any other cryptocurrency in which you don't have some news to base your trades on all you have to see is their Charts that are not accurate to look at because the demand for cryptocurrency is ever changing that is how I see it thus far. |
|
|
|
This is not astonishing, expect that once you really focus yourself into bitcoin together with a hardship determination, sooner or later you will also become rich person because of bitcoin.
I don't think being rich with Bitcoin depends on our personal values like hardship or determination. Because the most reasonable way to get rich with Bitcoin now adding more capital, with the prices that Bitcoin had recently its not optimistic to think that it will increase into more than 20,000$ each. So the idea is now through trading in which you take advantage of the volatility and match your buy and sell with it. |
|
|
|
Bitcoin is a blessing to some of us here. We can testify, how since the beginning of this year that, we have make alot of return on our investment in bitcoin. I foreseeing bitcoin touching $4,000 before the end of October this year. Hope you join us in this less risk investment.
It could possibly happen but less likely in many scenarios. Because I cam imagine that people holding at this point are already lining up to sell all their Bitcoin position. What I mean about that is if Bitcoin enters the 3000$ level we would see many people including big players to sell in this price range resulting into another correction. If my recollection is right this had happened to the 1000$ level and 2000$ level as well. |
|
|
|
No bitcoin cannot make bank disappear i think bitcoin might need bank in the future to store paper wallets right?
And its the opposite of bitcoin "centralized" so we need to make it balance.
I don Think so, I am Sorry but we do not need bank to store our bitcoin because even online wallet is quite save. I suggest You to use hardware wallet to save a big amount of bitcoin. I think Bank usage will be decrease becouse of bitcoin. i also no in favour of bitcoin banks, i do not want to follow traditional banking system, to visit a bank and widthraw money. i want to continue the present of online wallet which is more easily and easy to use. so we do not need for any bitcoin bank. The chances are slim to none. I mean I don't see any scenarios of banks accepting Bitcoin in the future. We all know that it is a decentralized currency in which even governments have no control of, this can be a red flag for banks with all the legal issues involve with it. Banks are really a secure business in which they want the sure and guaranteed way of success which I am pretty sure they will be sticking to Fiat Currency to the test of time. |
|
|
|
It's true bitcoin indeed provide income on line for free, this is the site that will provide income that we will collect by preparing escrow before you can do any task so easy to make money
Yeah right, the only they need is time and the internet also. It is free to earn and also free for job. With the uses of bitcoin you can choose what categories did you want to know or study to provide an income. They have trading, investing, signature campaign, and etc. that only need is enough time to manage. Even you have a real job, this will provide an income if you give a time as part time job. Or if full-time you can get more income, just get more information and make more ways to generate a bitcoin, don't focus in just one way to earn this. I don't think you can earn Bitcoin for free or literally not doing anything. Because when you look at it only Faucets match your description but does not give a lot in return. Generally if you are looking for a reasonable amount online you must either do some type of work or gamble. With work what I mean about that is similar to being part of a campaign in which you maintain a good post quality and at the same time put a little effort on everything. |
|
|
|
Sounds interesting. Hope everything goes well. It can solve electricity problems in lots of countries and also cause the rate of electricity to reduce. Now I'm interested to invest in the project and be a part of that and earn sun. I hope success of the project.
I also hope there is a bounty for these coins, I also want to have some. I just hope many other investors realize or think how good or brilliant these project is. This will not only help ourselves but our Planet too. If this is a success Electric Companies that are monopolized will find a threat in their position or rather in their earnings in which they will have no else to do but to lessen their charged to make it competitive to others. Right now I am still optimistic about their plans on making an ICO connected to energy, I hope this become a success for us to have a better future. |
|
|
|
|
Show Posts
