Some of money value will fall like yen and dollar because we can exchange btc to any fiat now like in our country but it's good also to the economy who use crypto as a digital money,Moreover always think the positive here and continue what you doing in crypto because we don't have assurance in anything about crypto and it's more on investment tools than a value of anything like that.
I don’t think so, increase in the demand for Bitcoin can’t cause any negative impacts on dollars and other currencies. One thing you have to understand is that Bitcoin is not a Currency, so every Investment that is made on bitcoin goes into real currencies, and that is mostly dollar. The only thing I’m sure will happen is that there would be an increase in price rate for Bitcoin, so it would be costly. |
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From many months i am thinking about what if " we remove fiat system , and change things into crypto " .. What are the main difficulties we will face ?
1. Internet every where is not yet done.
2. Awareness with Crypto ( but its not a big thing, as most are aware of how to use currency. )
3. Bitcoin is only 21,000,000 and world population is more. ( This can fix by other altcoins same like USD/RUB/CNY etc )
What other difficulties we can face ?
As we all face the future of bitcoin and how it will work for the others in the next years to come, things should be really settled first. Indeed, internet should all be stable in every parts of the world because without it, it is impossible for bitcoin to operate with it's users. The thing is that it is not possible, anyone who is thinking of such is just dreaming a dream that will never come to pass. Ok let’s say that it happens, do you think it’s even everyone that will have it? No, because it’s not everyone that has access to Internet, and there are people who are aware of the internet, but not even interested in making use of it, because they just don’t want to. |
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most of my investment are in crypto but aside that i invest in stock marketting. I also have joined some fiat crowdfunding programme and also invest in education   Apart from cryptocurrencies, another Investment I make is in stock markets. Investing in estates is quite good also. But what do you mean by investing into education, do you mean by running schools? Cause I don’t see any other way you can invest into education, apart from that. |
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Now thegarden say bitcoin is a bubble but it’s technology will change the world we just need more time and all will stop saying bitcoin is bubble.
all say bitcoin is biggest thing happen’s this year
Bitcoin is a technology that that would absolutely change the world and I am sure a lot of people are already seeing that, for those who understand what bitcoin is all about anyway. Over time, the essence of why bitcoin was really made will come into play and then we will see people really using bitcoin because it is a currency and with the demand increasing for real, bitcoin adoption will cause the increase in value and things would change from what we see now to better days. Even if it’s a bubble does that really matter? No, I don’t think that matters, as long as the bubbles keeps in bubbling and also bubbles back whenever it gets bursts. People are kind of funny, they always come up with stupid names that don’t make sense, I don’t know who even came up with the word bubble for Bitcoin… I believe they did that with the intention of discouraging people from Investing in Bitcoin. |
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For me, choosing on what kind of investment you want to do, depends on what type is that investment you want to invest with. Some investments are better to be just short term and others are better in the long run. I want to invest on long term investments because I want to focus my attention and efforts on that particular investment so that I can maximize my gain.
That’s true, before deciding whether to make a long term.or short term Investment, one has to know how the Investment works and what type it is. For Bitcoin, I think you can do both short and long term Investment, cause the rate of Volatility at timed differs; there are times it moves fast, and there are times it will also go slowly. The fast times are good for a short term Investment, while both the fast and slow can be perfect for long-term. |
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In my country there is no single sale place that receives bitcoin as a means of payment, and in my opinion is not a good way to use bitcoin as a means of payment because the value of bitcoin is very volatile
Lol, same thing in the place I’m living , but that doesn’t mean bad way for using Bitcoin, cause it wasn’t really for such purpose… it has its main purpose, and I believe Investment is the thing, and not being used in supermarket. There are other options out there that are mainly meant for such things and we should learn to use them. |
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Even without crypto internet is need in life like we can update any kinds of news in different country,we can also search some answer to our question,we can also think that internet are good to have because we can search games,actually facebook is my favorite past time next to crypto because here in crypto we need to think always to answer different question so sometime our mind get tired so my stress reliever here is gambling and in social media is facebook.
I think I know what the op is trying to say… he’s kind of saying that people should be forced into making use of Bitcoin, to promote the use of internet… I believe that’s it, or something like that. But this is not a very good, and sounds very stupid, you can’t promote the use of internet with Bitcoin… you make choice for no one, you let people make choice by themselves. |
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Yeah its true. Its really true its good to invest here in bitcoin. If you invest here you could double your profit. Then you could trade too.
However its too complicated because if you don't know the attitude of bitcoin because bitcoin has unstable price you will wait to timing the price so that you could invest huge profit.
It is in fact the best Investment these days, other stocks and assets don’t bring profits like Bitcoin does. You can make money by just Hodling some Bitcoins, but you can’t do such in gold, if you hold gold, it can stay for years at the same price you bought it, cause it’s not highly volatile as Bitcoin and other cryptocurrencies. |
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I think bitcoin in the future is become more popular because yearly the population of bitcoin is increasing.
Bitcoin will continue to rise as investors also continue to grow. Bitcoin supply continues to diminish more and more enthusiasts, I think the price will explode Undoubtedly bitcoin investors are increasing in number on daily basis. So many people are taking interest in bitcoin after reading about it and listening to international media which talks about bitcoin quite often. We should not waste our time in order to succeed in the modern world by earning money in the smartest possible way. Here you need to work in a smart way, not in the hardest possible way. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
Because cash can be use anywhere in the world and can be use by anyone even by the children as long as they know how to buy unlike bitcoin you will need to look for the internet connections and establishements that will accept bitcoin transactions. Cash is more convenient to use than bitcoin because you're not required to have a gadget or internet connection to make a transaction. When you buy something, there's no need to wait for an hour to confirm your transactions. And cash is accepted worldwide and can be used anywhere in the malls or stores. Although, you only gain profit in your cash if you put it in a bank unlike in bitcoin. Also, cash has a fixed amount while bitcoin is volatile. Overall, if you're not aiming for earning profit, cash is better to use but if you're aiming for earning profit, then use bitcoin as its price keeps on fluctuating. Those who are sincere with their public and state have already declared bitcoin legal without any public pressure because they want their country to progress and develop in the best possible way. Bitcoin is a revolutionary currency, it has changed the lifestyles of people in different ways. People are in love with bitcoin because they are their own bosses with this currency. Bitcoin has gave them the real sense of freedom. |
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Perhaps, indeed many people want rich with bitcoin, it can be realized with perseverance and patience. But I myself do not just want to be rich with bitcoin but live social with bitcoin is much more important.
That’s my dream, I really want to get rich through Bitcoin, but not just only through Bitcoin, I also plan to invest in other big businesses that will earn me a lot of money and increase my current business. I don’t think anyone here is dreaming of being poor, or is there anyone with such dreams? |
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in my city there are not restaurant that accept bitcoin as the payment, i dont know why, but i think in my city bitcoin is not popular than the other country and maybe pay with bitcoin in the restaurant near me is immpossible in this time. but i hope that it will happen in the next year or next 2 year again, so i can pay my meal with bitcoin and my smartphone wallet
The reason is obvious that it's either your country isn't endorsing bitcoin or those restaurant owners are not educated and they don't know that bitcoin is existing. The same goes with my country there are no seen restaurants that are starting to accept bitcoin but what's good is there are some establishments that are now accepting bitcoin. I hope that someday they will start offering meals and we can pay it through bitcoin. There is one restaurant now accepting bitcoin here in our country a tv personality who owns a restaurant/bar here in our country. He is new to cryptocurrency but is very interested on how blockchain works. And now he is involved into a new cryptocurrency that has a crowd sale which is a local coin here in our country. I wonder how that’s really going to work, a restaurant accepting Bitcoin? Doesn’t much sound like a good idea to me. If anyone wants to be spending with their Bitcoin at any stores both online and offline, it would be best to start using a Bitcoin wallet that provides a debit card like Xapo. With their debit card you can do a lot of things. |
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For me the best thing to do when the prices are falling is dont panic, because when we panic immediatley we will surely comes on our mind to sell it with the very low price so in that way we are the loosers, so another best thing to do is to hold it until the price of it will rise again and always trust and believe that when the prices are falling is it will not take too long
You’re right, we shouldn’t panic when Bitcoin price is falling, it’s a normal thing that happens most of the times, so we should be used to. But, if you feel like you’re going to encounter loss from the current situation, it would be best to make a withdrawal and wait for another better opportunity to invest your money, so you don’t lose all you have invested. But most times it’s always good to leave it in your wallet, cause price might go back up. |
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No one is talking about lending ICOs, lol… the question is how you can sell your house for BTC not which lending ICO is best. But if you’re looking for a lending ICO, you can try Bitconnect, but I’m not really sure about it, just saw someone on a different thread talking about it, but it seems to be legit. You can check it out and also do some research. I wouldn’t do such a thing, there are other better means of earning like trading. Here is link to the thread –– https://bitcointalk.org/index.php?topic=2387640.msg24396829#msg24396829 |
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I think taxing Bitcoin isn't a good ideal because anonymous feature could fuck it  Funny, who told you that you’re completely anonymous while making use of Bitcoin? Bitcoin doesn’t make you anonymous (though in some ways it does) but that won’t keep the government from taxing Bitcoin users if they wanted. Do you think they will go directly to tax people for using Bitcoin? Nope, they won’t, rather they will take the other way round which is forcing the Bitcoin companies to charge their customers a monthly fee (tax(, or maybe they can do something that will increase the transaction fees we pay. |
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Bitcoin and other cryptocurrencies might be big so far, but we got to be ready when it falls. Sure we can say that it would take some years to fall, but we can't say also that it's already stable due to its fluctuation. Don't let the numbers sink in when you're thinking about it, look at is as an "alternative" to what we have now. It can't directly replace real money, but it can sure be a backup if you don't have money.
Bitcoin and other cryptocurrencies are already the big thing as of now, but as you said, we should all be ready for what happens next, which is when it falls. Despite that, I’m sure of one thing which is when the price falls, not everyone will be affected, there are people who would not be affected by the fall. |
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
I don't think we can conclude that already because to be remembered, bitcoin is not yet legalized worldwide so the actual use of it is not as wide as the existing currencies like dollar. Bitcoin has the potential I think on becoming the world currency and the strongest but I think it would take up a very long before that thing happens in the actual time. Bitcoin is not the strongest currency in the world, it is just the most valued, and by the way, I don’t even think if I should be calling it a currency, because it is a digital asset and not a currency. In terms of being the strongest, I think we should be pointing out to the dollars, pounds and euros… but as for Bitcoin, nope, it’s not and it’s also not fully legalized. Even if it’s legalized, it can’t be used as a currency. |
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I don't think that the paper money will be banned entirely as i feel it as something foolish even if some of the government are trying to implement complete digital currency i don't feel they will ban paper money as it will affect the people in low class society.
What is being banned entirely? It will never be banned. They are very important. Paper money is the real money, not even digital money’s. Digital money is just a copy of the real money (paper money) into electronics so that they be easy to use for distant and close transaction. So they can’t be banned. |
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Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
You already know the idea behind getting huge returns on your investment. One have must have patience when it comes to crypto trading because its a volatile market. For instance the price of a crypto may go down to $0.6 and also go up to $2 same day. Therefore its good to HODL and be patient to get good returns. Those people are seriously regretting who thought bitcoin is something scam and is not going to survive for a long time. They are badly scratching their heads for not investing into it on time because the bitcoin prices are very high at present for majority to buy it directly. I am sure that it is going to recover its price and even will go for 20,000 dollars by the end of December. Stay patient with bitcoin to enjoy huge profits. |
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Rules and patterns are not always going to turn up as we might have planned them. Managing losses is an easy thing to say, but very very difficult to follow as we are only human. Therefore, trading might not be for everyone, but long-term investing can be.
You are correct - long term investing with god quality altcoins is really almost good to all but day trade can be very stressful and it is not really advisable and won't work to all. Swing trading on the other hand is something that is more relaxed and could up your investment profits. I wouldn't use my whole portfolio for that though. Trading is quite a different thing and it is not an easy thing to get into trading. There comes number of occasions when you suffer loss not only particularly in trading but in any other business as well. If you are not well in trading, then it is better not to do trading. Instead, you should take a break and then start again with new motivation. This will help you in having better results. |
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