Maybe by the definition Bitcoin is not money in full sense of that word but since is used for paying of goods and services it actualy acts like money. It has value that could be considered as real value of real money. More or less it depends of the point of view but I see Bitcoin as a sort of money and I often use it as money.
|
|
|
People should use Bitcoins to promote and support the new technologies and virtual currencies, to show there is an alternative to banks and their services and to show that there is some other type of money besides fiat money. Using Bitcoin is easy and convenient, it's getting more and more accepted and everyone who had tried using Bitcoin will continue to use it because it's very easy to see all advantages it brings.
|
|
|
To become successful trader it's necessary to learn the process and the rules of the market. And of the crucial mistakes beginners make is total focus on the profit but without knowing what are they actualy doing and why are they doing this. When you get suficient knowledge about the actual procedure the profit will come easier.
|
|
|
I agree that this question has been posted too many times here on forum but I will say again, yes, Bitcoin has changed my life for the better because it has helped me in some though financial moments, gave me the opportunity for new ways of earning and I have learned a lot new things. I beleive the similar situation is for many Bitcoin users.
|
|
|
With time Bitcoin is evolving and becoming better and better. Of course there are problems and issues but that is normal for everything new that developes with time. Maybe it's to hard to say that it's blessing but it's certainly good and positive technology that have opened the new doors for many people.
|
|
|
Maybe in the future some other cryptocurrency will appear, with good potential but at the moment Bitcoin is the most established and the most adopted cryptocurrency with real value that could be used in real world and with possibilities for further development. That is the reason why it's number one and why it will be hard to take it's place.
|
|
|
I wouldn't agree completely with this. Not all are professional traders and not all have so extensive knowledge but that doesn't mean they can't try their chances in Bitcoins trading and get some experiences. Some.people will find the trading is not for them and give up and some will succeed.
|
|
|
Although it seems that will happen very soon because of the recent price rise I think we should have to wait to reach 1500$ for a while. But on the other hand how can someone say that current price is too pumped or unreal and on what criteria? Only market and supply and demand can tell that.
|
|
|
Unfortunately I'm not part of this club and its very likely that I will not be, at least not in the near future. I don't earn that much Bitcoins and also don't have enough funds to invest to,achieve some more significant profit so 21 Bitcoins is out of my reach. But at today's price anyone who has a half of this amount is very lucky and rich enough.
|
|
|
Perfect things don't exists and Bitcoin probably wasn't meant to be ideal. It has advantages and disadvantages like anything else but still represents big technological progress and new opportunity in the finances.Some things about Bitcoin could be improved and this could make it even better.
|
|
|
Many people have missed the chance to buy Bitcoin when they were cheap, from the today's point of view. But there is no use to regret now but you should take opportunities that are given to you now. And many not by cheap buying but with earning Bitcoins you can make the conditions to have profit now and in the future.
|
|
|
Not all fees are the same and depends on few factors but generaly speaking the Bitcoin fee is still on a decent level. There's been a lot of fee talk recently and in what direction will that go but i don't think think that fees can "kill" Bitcoins like some say or change that much because there will be always people wiling to pay.
|
|
|
Unfortunately this security breaches happen all the time and this is just one more reminder that is not safe to keep your funds on exchangers unless for trading purposes. Exchangers are not meant to be wallets. People have to become more aware that they have to protect themselves and secure their funds.
|
|
|
If we take in consideration that bitcoin price is not stable and could raise more over the years? I wouldn't use it to buy or pay for anything honestly. I rather continue to use it as an investment and use fiat for paying bills etc. When the price become more stable at some point, that would be another story of course.
It could raise but it could fall also. I wouldn't be so against paying for bills in Bitcoins because the higher the price, the less coins you need for paying the bill so at the end you might be even in better position. And the amount you have spent for paying bills you could replace by trading and investing.
|
|
|
I'm in the category of 30-39 years old. This is the largest number of users. But I'm not surprised. At this age, people are mainly engaged in investment. Up to 30, usually everyone is engaged in training and marriage)
I also belong here and I beleive this is also the most productive group of Bitcoin users. By that age you usualy have some life experience, some funds to invest and some serious plans to achieve. It's good to see very many young people, almost kids, to join Bitcoin community but it's better if they have someone to guide them to prevent them from some fulish moves and decision. And I also beleive you are never too old to join the Bitcoin users world.
|
|
|
The paper money period is quite long but it will be replaced with a more secure and comfortable coin, it may take 10 or 20 years.
Even with a duration of 10 to 20 years, we can't be sure that they will be accepting digital currency especially the poor countries. Paper money are the type of money we are used to, so it is really hard adjusting a group of people using these digital currencies. If you ask me, it will be more in the future maybe 100 to 200 years. I don't agree with you. Everyone now has a mobile phone even in poor countries. It is a potential e-wallet. To teach them to use very quickly. In return, the state will have full control over the money. Do you think this is a weak incentive for the state? I don't think that problem is technology or lack of it but the fact is that world economies are more or less still functioning on conservative and old fashioned way and paper money is part of that. Also national currency is part of national identity and sovereignity and that is also the reason why governments don't like to give that up.
|
|
|
Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.
I guess some of the whales wants to make some movement. It's either the current price for this week is already enough for them to make profit, because that is $1,200+ and we know that it's already good enough. And that's they did sold some but I don't think that is panic selling, because if that is panic selling we are seeing the price now back lower at $1,100. The price pf Bitcoin have remained impressive since 2016 leaving most speculators in profits, so it is not unlikely to see a sizable number of sells every time new high is made and that is entirely a different ball game from panic sell off. Nevertheless, panic selling most probably out of fear, uncertainty and doubt (FUD) is indispensable in any speculative market. That is completely correct, but we can avoid panic selling if we keep updating with the news and analyze what is happening in the market. Bitcoin will rise accordingly in the future as it is back by volume of adoption, if you fear the temporary price dip, you don't belong here. Not everyone can constantly analyze. Many just look at the price of bitcoin and make a decision. Not always this decision is correct. Especially many beginners make mistakes, because they do not understand that this is the norm Well, on these newcomers who are guided by emotions and built all the trade. There must be someone to lose so that the other can earn. Yeah, that is also true. There are always people who with their behaviour facilitate others to make more money. Cool head and rational thinking comes with experience and also with some losses caused by too quick, panic and irrational decisions. Now it's definetely not the time fo panic selling and bad decisions when price looks so well.
|
|
|
Japan is highly developed country, progressive, with very high procentage of use of new and high sofisticated technologies but that doesn't have to mean at the same time that they will be the leading country in Bitcoins mass addoption. They have made some preconditions to facilitate the biger addoption but still it's not necessary this will happen, depends how the ordinary people will react.
|
|
|
Buying a wife with Bitcoins??? Are you serious, you are suggesting buying a human beeing??? This is unbelivable, this is the trafficing of humans and that this is a serious offence. Somehow I don't want to think this is something real, in this case this would be even better that it's a scam attemp than real thing.
|
|
|
I think I would choose Monero it looks very promising to me and worth to invest. But honestly in real situation I'm not sure that I would invest 1 Bitcoin to altcoins I'm not sure it would be worth the risk and profit. Maybe because I'm not very keen to altcoins trading and not very convinced this is the best investment.
|
|
|
|