Because of their age children have no chance to earn thier own money in most countries. I'm not saying children should work all day long, no, they should rather study, but it they have a chance to earn a little, working not more than 1 hour per day, that's great IMO. And Bitcoin gives them that chance.
A lot of children are earning but most likely in illegal ways specially in 3rd world countries. They are being exploited everywhere like peddle drugs and sexploitation. My point is, not every children can be given equal chance to earn with bitcoin. Those children or kids at a young age which can potential earn bitcoin is very lucky specially in USA or UK unlike their counterparts in other side of the globe, which have to do hard labor and sometimes exploited to earn money just to survived. yes that is right i think it only because in backward country people do not have basic facilities and earning opportunities and that is why the are ready to use their children for making money. |
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I'm not sure if other digital currencies will deliver meaningful competition to bitcoin. It could happen, but the network effect and momentum that bitcoin already has would be hard to overcome.
yes no doubt about this that it can happen but i think still it is not such ans easy job as bitcoin is still the number one currency and not a single currency is still trading so near to bitcoin, i am hopeful that after some good time bitcoin will become more and more stronger. |
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I remembered when i started bitcoin in early 2016. I used faucet to earn money but i realized it was a waste of time then i started investing but i was scammed. after that my friend told me to search bitcointalk .
to me i think it was really a good experience i think i was too much excited and want to use bitcoin for the first time as money for online purpose. to me i will like to say that in fact it was such a good experience for me. |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
The simple things why do we need to use bitcoin, first if you are going to send money to anyone whether local or abroad bitcoin is the best choice to use it in terms of money transfer, 2nd is if you want to save money I suggest bitcoin is the best choice because if you save bitcoin, there is a big chance that the amount total could 10x or more after a years of holding it. to me i think it is the need of the time. we need to use bitcoin as in modern time people do not have good time to visit bazar and do shopping therefore they are using online service for shopping and trading, and therefore the mostly need bitcoin for doing so . |
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I always use blockchain for bitcoin transactions, fast and simple, but sometimes there is a little problem
I used to have blockchain earlier but due to some issue i have started using coinbase which is proving to be much better than blockchain for me and at the same time coinbase is easy to use and secure as well. to me i personally using three types of wallets the first is the xapo, the second is the yobit and the third one wallet that i mostly use is block chain wallet. to me i think i never face any problem related to my wallets, |
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We don't know how things gonna get changed in future. I think in 20 years time we could be experiencing a good price increase along with the increased competence. Because now itself the altcoins are giving strong competence to bitcoin in technology as well usage.
Yes alt coins are giving a tough competition to bitcoin especially after the price pump of ETH and DASH in last 24 hours but there is a long way to go to reach anywhere near to bitcoin and i think in 20 years i think bitcoin will be used and accepted in each and every store and used just like credit or debit cards and we already have bitcoin debit card out now. to me i think 20 years is such a big time. i think we cannot predict about the rice of bitcoin for such a high time. but we can expect that the rice of bitcoin will go more high and hing for next few years, and even after 20 yeear bitcoin will be trading 20 time high as compare to the present price of bitcoin. |
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I earn a very little from the faucets. Those small amount was used for the transaction fee and for the small betting. With bitcoin right now we can do all sort of things that's possible with fiat.
nowdays with bitcoin price go to the moon,and you guy still earn from faucet??its ridicolous..and little bit wird. but i apreciate your effort,its un giving up. you better learn to join signature campaign. What is the problem with earning small amount in faucets? and just like you said the value is sky rocketing even a small amount in faucet can actually help in earning big and besides doing faucets and combining it with signature, mining or other stuff that lets you earn in bitcoin you can probably do it all at the same time, if there are no small amount there would not be larger once it will always start with 1 satoshi! I think it varies on the person himself. If he thinks that consuming a large amount of time and earning a small amount is fine then there is no problem. I myself also believed that bitcoins price will get so much higher than now and that is exactly the reason why we gotta earn and save as many as possible. Multi- tasking is nice but some people like me who doesn\t have that much time because I'm a student, I only focused on the things that have a decent pay, Making my time worth it. As a student you are already doing good thing because you can manage your time very well and you can earn profits while doing study and that seems that you have great fighting spirit and you have a big chance in becoming a successful person in the near future. I also do and earn bitcoin using one source of income because i also do work and i don't have enough time to maximize the possibilities. i think students do not need to waste their time in investment or any other places. i think they need to give full attention to their study as their time is too much important and if they will start using investment then it will become difficult for them to give tiem to their study. People have the right to earn money while they were a teenager and I never criticize a person just because he has the passion in making money while he was young. It is the best way to obtain knowledge and information which will help you a lot in your life. I have known many students who are making money right now and they earn more than $2000 a month yes no doubt about this that people have the same right earn bitcoin, but i think students do not have any need to earn as their parents and theier government are not responsible |
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Bitcoin implants? haha well it sounds not to be true or not to be done. Because embedding bitcoins is very hard to do and it seems it would take a longer time to make this. But we are industrialized country now, there is also possibility that it could be done if the people would focus in embedding bitcoins to something.
This is not that impossible it is just like putting chips in your body. But the assurance for the health of people is a bit dangerous like the radiation in every transaction you made, there is always a radiation to transfer the code they need from your chip. may be such kind of activities are possible in modern countries but in local area or poor countries they do not have the facilites of modern science and technology. |
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I heard bitcoin through my friend, she really explain well to me how bitcoin works and how it uses and the process as well. I heard bitcoin since year 2015, my friend enjoys bitcoin that time and she earned already that got my interest to join. And, I did own my research about bitcoin, until I learnd and enjoy it too.
i also heard about bitcoin from friend. and he also told me about his success in bitcoin. therefore i also start taking interest in bitcoin but still i am not as much expert in it, because i waste some years after i have entered in the world of bitcoin. That is alright because most of us already do that kind of decision and they all regret it. I also get interested in bitcoin and because of the low price of bitcoin and even the faucets giving good profits, I still lose interests because of low rate per dollar of bitcoin and then i just got back here last year because i get attracted again by the price. Seems like most of us has been through the same path when it comes to bitcoin even i was very much interested in the beginning then due to some circumstances i lost my interest and then a year later when i made return to bitcoin i was shocked to see that the value has been increased by leaps and bounces in last 12 months and wished i should have invested more into it. Yeah we missed the right time to get into bitcoins as I know bitcoin when price was too low in the past but at that time I thought its not worth to waste time and money in it and I ignored it completely but later on when price reached to the roof it draw my attention towards it but till that point it was too late. but i am not agree witth you, because to me i think still it is the right time to invest in bitcoin. we cannot say that we missed the right time to enter in bitcoin because you still have good time to invest your money in bitcoin and the get a good profit. |
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Well, as of today, it is not possible and I think the countries are not that intelligible enough to embrace bitcoin fully and I'm that they foresee the worst scenaeios and also the currencies in each of the country establish a deep root in their culture and also an identity of their nation.
In conclusion, bitcoin may be apart of the economical state of a country but it can never be embraced fully nor be more dominant over their own currency.
Exactly.Therefore, Bitcoin will be used as a world currency, not a national currency and when it becomes the world currency, more people will satisfy about it and it will help to deliver a much large amount of money oversea within the second to me i think bitcoin is already using as world currency, because the users of bitcoins are present in all over the world. and that is the reason that we can say that bitcoin is universal currency. |
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Hey Guys, what would be your opinion if there would been Bitcoin shops in big cities like London, Berlin or Paris (also smaller cities). So you could go inside the shop and buy or sell Bitcoin for a good price. I think it would be an good (and an advantage) idea because more people would use Bitcoin so the price would rise up and the people who are owning Bitcoins at the moment would have more money in Bitcoins.  Best regards, Patrick  Are you asking about Shopping like supermarket which is accepted bitcoin as payment? Well, if that's the case situation that would be great idea, more people will become familiar with it. Only my wish was if that happened in all countries I guess the internet must have a strong data connection in to that shops. i think yes. but in fact i do not think that it is so easy to start a supermarket in big cities because in big houses you have to pay more and more which a new person cannot afford, therefore i will like to say that it is really a good idea but still i think it is one of the most difficult idea also to be completed. |
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I don't think the fees are going to "kill" bitcoin. But in the long run, making bitcoin less used as of today, yes for sure
The problem with high fees is that eventually the fees can be so high that the amount of bitcoin that you have in your wallet is enough to pay for the transaction in itself, this is happening with faucets but it may happen also to all of those that make microtransactions in bitcoin. Then don't use faucets... they're just time wasters anyway. I don't know about you but I'm worth a hell of a lot for then 10 cents an hour thank you very much. Spending one input right now is about 30 cents if it's low-medium priority (so it confirms within a few hours). That's not a huge amount of you're dealing with decent sized (in terms of monetary value) inputs. in act faucets can give you a very limited income, i think it is more better to invest a little amount of bitcoin in trading instead of wasting time in faucets . |
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Bitcoin is hardly to be saved in a bank accept it is exchanged in a local currency of the land. This means that you must exchange bitcoin to the value of the local currency before you can make a deposit in the bank. i think bitcoin is mainly installed in the bitcoin wallet.
Yes it's up to you as you can save bitcoin into bitcoin wallets like blockchain or coinbase i would suggest coinbase which is much simple and easy to use then once you have enough bitcoin then exchange it for your local currency from a trader at localbitcoin.com. Hey great, even I am using coinbase wallet. Its seems to be good and as a security reason its not accepting VPN. Even I just created a account in Localbitcoins.com and I noticed when we transferred to this trading site wallet then its get logging in when we save the user and passkey. Please check and use both according to your convenience. Yes even i am using this coinbase wallet i used to have blockchain earlier which was equally good but when it comes to convenience and user friendliness then coinbase is the best wallet and it does not accept VPN which proves that while begin user friendly and simple it's secure as well and for desktop Electrum is best. Yeah even I am using electrum wallet since long time and it has great security features which keeps your bitcoins intact and would be impossible for an hacker to stole your bitcoins and whenever I want to sell my bitcoins I transfer that amount to my localbitcoins wallet where I can sell them online and transfer the fiat currency directly to my bank account in the fastest way possible. Yes electrum wallet is the best option and it has the best security features, regarding to the saving of bitcoin i think it is best idea to save btc, if we just look at the way it has progressed from some day so we must for some more days so that price goes much higher so that we can utilize it later, saving is a good option but along with that we have to make sure we invest at the right things to get the best benefit of our btc. If you don't find any legit place to invest your bitcoins then best choice would be to save them in wallet and wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks. Whatever is said, the best thing to do as of now at least is to keep calm and save btc. Not only comparing to the bank, including all the part of investment the best investment path is in btc. just look at the profit which we get from it. whether you gamble or whatever you do make sure to keep the btc saved for the future. Gambling will waste your money so it will be ideal not to visit those places where we have fear of loosing money and the best thing to do with bitcoins at a moment is simply keep them safe in wallet and watch the market and when it goes higher would be the best time to sell them. although some people have good opportunity of making money from gambling and they even depending on bitcoin for live, but still majority of peole are not making money from gamblng. |
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The best thing I find about Bitcoins is that all transactions are transparent in the ledger, i.e. any transaction made by Bitcoin is recorded for all to see. You may not know the identity behind the transaction, but the transaction detail in itself is recorded for all to verify and view.
yes am agree with you. i think the best thing about bitcoin is that its transactions is very transparent, i think the online payment option is the best option to use bitcoin. |
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hello guys.. i save bitcoin for both purposes.. for fun and future purposes also.. for fun because even i earn i small portion of bitcoin doing captha jobs and entering faucet. it's relieve my boredom and stress.. also i'll try to bet a small amount of it in keno and lottery games.. its very addicting and fun..and also if i gain enought bit, i'll hold it for future purposes. like nuff said maybe the value of it will be rise in the future..
i think i personally use bitcoin for investment purpose, as in preset time bitcoin is one of the best facility to make money. |
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Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
You have a point, bitcoin is kind of money that can be use for online expenses. As long as bitcoin has value you can tell that it is money in the world of technology. I also can say that bitcoin is money because it can be used in any kind of transaction. but i think it can not only be use for online purpose, but i think it can also be used in local shops as currency, although the facility is not yet available in all the shops but hope very soon it will be available everywhere. |
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As of now investing Bitcoin directly is not advisable to do because there are a lot of scams and hyips our there almost all of them will run away your money before you reach your ROI. It is also not advisable to put your Bitcoin and exchange it for any altcoin because there is a lot of pump and dump coins out there. The risk you are taking is not the equivalent to the reward you are looking for.
yes that is a fact, i think it is more important to study about the sites where you want to invest your money, and after good analysianad, because there are some sites which can scam you and can take your money. yes agree with you, if you want to protect yourself from scamming then you need to be more careful while investing your money in such sites you need to do some good knowledge about the site where you wnat to invest bitcoin. |
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I think OP asks about the interest, not about the actual bank.
There re several online services where you can get interest on your BTC. Not a registered bank though. There s no 100% safety.
Nobody likes services that do not give useless secrets to our savings. That is why such a bank will not be popular. i myself do not like bitcoin banks, to i like the online wallet system. because the bitcoin banks will centralize bitcoin and i do not think that any one will be ready for that to see bitcoin as centralize currency. |
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Well, for me, Bitcoin is money. Just like fiat money, BTC represents a value of money but in digital form. Since bitcoin is a new kid in town, it is a new type of money under the category of digital money  yes i will also like to say that bitcoin is money. as we can use bitcoin instead of fiat in some shops while for online purpose bitcoin is uses as currency. |
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Cashless world is our nearly future. But it will need many years to come true, because as we know the biggest part of people live in a countryside. And to that place bitcoin will come late.
Almost we are in the cashless world because today cryptocurrency is mainly based on cashless,but the fact is cryptos depend on the bitcoin. We need many coins like bitcoin but many projects are being scammed in their ICO stages only. but i think in most of the area still people do not have any idea about bitcoin and to me i think it will take a lot of time when they will learn about bitcoin and will start using it, and specially in backward countries most of the people still do not know about bitcoin. |
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