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It depends on what is the inflow of cash i.e, what is the monthly income If the income is less then it would be spend in day to day expenses nothing is saved and if saved that would be minimal can't invest anything from that money and rate of inflation is increasing day by day so it becomes difficult even to save for an average earning individual.
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Saving in a Bank or Bitcoin is the best possible options at present. Banks Will pay you interest and the money will be safe and can get access when & where required. Invest in small things and diversified products so at least you go through loss in one you can cover it up from other.
I dont think saving in a bank for now is the best thing you can do. With that low interest are you going to put it that way? Better if you do some investment and you will get higher payout than bank. You mustnt save more than invest, its like gambling. If you profit its alright if not just let it go. Dont set that mindset You are right. Bank doesn't gives you that much interest but atleast your money is safe. You can withdraw anytime you wish to. While investment is long term you can't withdraw in between and even if you withdraw there are many costs associated with For eg. Life Insurance. |
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It would be ridiculous if i disclose how much bitcoins i hold. I would say that its better not to disclose as there are scammers waiting for us to disclose the real information so that they can hack and earn money out of it. So i believe its an stupid idea to share anything.
That's True. No need to disclose the number of bitcoins you hold. Just Enjoy the ride..But make sure that if you invest or trade that would be in the safest way. Beware of scammers who are looking for the information of your bitcoins. Easy to hack the account nowadays. |
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I think in about 5-10 years bitcoin is going to be global currency, it will depend however on governments decisions. They can either speed things up or slow them down, especially USA as its the biggest market. But also global corporations will have major impact on this as well (the more capabilities for customers the better).
Yeah. It will be a global currency in coming future. But can't afford to have faith in Government. I don't understand what's going through their minds. They should accept the change and should go with it as its going to change the entire scenario of the market in coming future. I Don't think it can be a global currency. As it will face many competition from new entrants in coming period of time. It's difficult to predict whether bitcoin will survive for 50 years or not the picture will clear in next 5 to 6 years whether bitcoin will survive or not. |
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Whenever you see the government and official institutions showing interest about Bitcoin is because they want to rip it off and use features of it for their own evil intentions. They for example want to take the blockchain and adapt it to the fiat scam, which would basically be a big catastrophe. Don't fall for their traps.
But theres some government officials that have good intention to bitcoin. Maybe they want to merge or to adapt to fiat money so that the people will have a unity. Dont think a negative to the government officials they vote us because we believing them that they are good person and have a good intention to the people. Is that really how you see the government? Benevolent public servants that care so deeply about the interests of its citizen that their own personal interests and career come second? That is how it should be in an ideal world, but that is definitely not the way it is working today. Think of teachers, whose top priority should be educating kids right? Even in a slow economy, when they don't get the union negotiated raise they are looking for, they don't hesitate to go on strike and hold a sign instead of teaching the kids they are supposed to care about. Not trying to talk badly about teachers in particular, but I think it's pretty naive to think that a public servant is here to serve the public. A public servant is here to keep a job and make a living. Serving you is priority #2. Bitcoin goes against the foundation of many economies, that are currently maintained with monetary expansion, so it wouldn't make sense for the government to welcome bitcoin. Yeah that's true. Can't afford to trust the Government in my country. Government of countries are against the adoption of bitcoin as a currency as they view it as a threat for fiat money. And they surely know that if accept bitcoin today as a currency it will take over fiat money. Same is the situation in my country. I Don't understand why we vote such corrupt and criminal politicians who are just busy in improving their living of standard and their personal benefits comes first and after that if they have spare time they will think of country and society. |
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I would not sell my bitcoins what the irrespective value it reaches. I know future is uncertain and can't say where the value reaches in next 10 years But thinking on positive note lets say its value will increase and entire bitcoin community earn some profits out of it.
That is a nice thought but the entire bitcoin community won't earn profits ever imo. There will always be people buying at the top panicking when it drops and then selling for lower than they just brought. I would sell all my bitcoins when ever I feel like I can make more by shorting this hostile tech. Anyone who doesn't sell on the way to 1000s will end up just holding forever all the way back down to 300's  If it reaches to $1000 then it would be wise decision to sell without waiting for anything. And in future if prices goes down will prefer to buy it again.. It can prove to be worst decision if I don't sell it if it reaches $1000 and make profit out of it. |
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Bitcoin is still a new concept to many of the countries. How can we just say that its dead. No, its not dead and never would be. Once people starts adopting it, again it would be in full fledged and gain the importance that it deserves so its too early to say that bitcoin is dead.
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Do you have a family and children yourself? I betting that you dont. Couse if you would have them you wouldn't be talking this way. Abortion is illegal. Any religion also assuming abortion is illegal. Its a murder. Any childhave a right to live. And goverment should work to give a good life and care for every child.
Of course I have a family, doesn't everyone (almost)? I don't have children and have no plans on getting any. This is where morality and rationality confront each other. It's quite irrational to put even additional stress on each country because of this, assuming the government does what you just proposed. We already have other conditions and events that will start draining our countries within the next decades unless solutions are found (e.g. Alzheimer Disease). You are wrong. We NEED more children. Otherwise, humanity will slowly die. It will peak at 9-10 billions 50 years from now and then start decreasing. Couse birth rate are going down. When it will happend there is no ways to stop the death of human race. Several hundreds years and we are finished. So we need society structure that will guarantee reproduction of a humanity. That's it!! You are right. We need more children as Government is not doing anything in changing the country it will be youth who will make the differences whether its a boy or a girl. And Abortion is a crime That's for sure. So its better that we accept whether its a boy or girl and love them. |
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I believe I haven't watched anything better then that. Today as a beginner I feel that I am expert of bitcoin and I can explain the concepts to anyone else around me who wants to know about the bitcoin so its a must watch video if you want to carry on with bitcoins.
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We all Know the answer of the above Question.
People hates Islam Because Islam hates people. They Don't have enough unity in their religion itself how can we accept that they would love some other religion. History says it all. They run away from peace I would say that they avoid peace .
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The day when entire world start using bitcoin for even paying for minute things it will reach $1000 and to be honest that's simply not possible. It would be dream come true for the bitcoin community if it reaches at that level or atleast near to it but lets be practical.
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The corrupted Government and the Banking system are the most who are trying to kill the Bitcoin. As the banking system views it as an threat and the corrupted Government will never allow the use of bitcon into their country and the press is taking advantage of it.
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I think most of the women in Asian countries are either dependent on their parents or on their husband. So if the husband or parents shows the interest in bitcoins they would definitely start using bitcoins but as even many of the younger generation are not aware about it, it makes them to stay away from it.
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Its legal but basically the problem that bitcoin is facing is that many of the countries are not used to it and the reason is the corrupted Government of the country who is not allowing it to be legal and generally people who are not used to it are scared of scams and dont show their willingess to accept it.
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People hate Islam as they have a belief that whatever terrorists attacks have taken place across the globe only muslims were responsible for that.. And its true that involvement of muslims was definitely there but because of few muslims you can't blame the religion as a whole.
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Feeling really Lucky to bet on Mumbai Indians What a great game of cricket.. Great Innings by Rohit Raydu and pollard which helped me to make a good profit..So guys what you think about tommorrow's match which team should I bet for?? Need your feedback.
Tommorrow's Match BLR VS KXIP both are struggling with their forms and both teams desperately needs a win. I would suggest you to go for BLR looking at the bunches of players they have are far better then KXIP so i would definitely bet for BLR and i hope it wins |
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This is the best time to invest if you re looking for a bitcoin as a retirement account as the prices are comparatively low as it was in the past So its the best time to invest if you keep on waiting that it will reach $100 then it would be a really bad decision to make.
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Genuine Followers of bitcoin will never let their faces off from bitcoins. Because everyone knows that future of bitcoin is safe I am talking of those people who have patience and looking for long term investment am still 90% of population is not aware about bitcoins. So its too early to reach at any decision.
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Actually we don't need any Global Bitcoin Hub Bitcoin is decentralised let it be decentralised. The best thing would be Government of all countries not only London should start accepting and adopting bitcoins as a currency. It depends on the Government of the country how they view bitcoin positively or negatively??
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Do not invest until u are self confident about it and you have thorough knowledge of bitcoins like how it works when to invest where to invest which is the most reliable source for buying bitcoins. you will need great level of research before getting into it so Beware of scams.
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