Bitcoin show signs of popularity to every people in the world, profitability of it makes me imagine that one day we can deposit and withdraw bitcoins in Banks.
If it happens, my question maybe, is it good or bad? for us bitcoiners, or for bitcoin itself.
In my opinion: what yours?
The connectivity between bitcoin and banks is really visible and possible if we are going to observe the scenario in our present time wherein we convert bitcoin into our own currency and withdraw it in a bank. So it is really possible that bitcoin can be operated in banks in the future. |
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When I converts my bitcoin earning last time and told my wife how much I earned she began to pick interest in bitcoin. My friend whom I have been speaking to in investment into bitcoin and crypto currencies general also pick interest in it when he see how much I am making from it. Our testimonies will bring more people in bitcoin acceptability.
Seriously, it can be many as you think. People around me are starting to wonder and think of how I get such amount of money and they will be starting to ask me about bitcoin. Not just a single question would satisfy them. Because for each individual, I think they will ask me 2-3 question with follow up questions. It is because they are now starting to be aware of what bitcoin is and it will be a good opportunity to orient them with this to be able to make bitcoin more popular. |
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It is a great news that the crowd sale is continuously working on its finest on the token sales for a couple of hours that the crowd sale has been open to public. A massive and numerous consumers and potential investors really believe of its capability to success and we are looking forward working on with this Pillar project.
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If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
If you really want to gain more than enough money of than you have right now, you will surely wait until the price pumps again into the normal or until it pumps more leading to the expected price peak. But if you cannot wait no more, you can cash out your btc since it was your own money on the first place. |
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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?
Another reason why people should start using bitcoin beside of it is the coined as the future currency is that with bitcoin decentralized block chain that provides you privacy wherein you are the one to access, control and manage your asset. Also the capability to earn and gain more money or profit is really visible although we are experiencing bitcoin's price dump right now. But after segwit, we are hoping for its price pump that is greater than the usual. |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
Maybe professional hackers can. But it will be a hard try because in a first place, when bitcoin is starting to be establish a few years ago, it started developing and building its decentralized block chain that will take over the doubts being encountered especially in accessing accounts. With this block chain, users can control, monitor and access their accounts with their own privacy setting provided by the decentralized block chain. So the possibilty of your bitcoin being hacked depends on how you handle and take care of it. |
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I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?
Bitcoin can be really act as an asset but at the same time as a currency type. It act as an asset it term that we store and keep on holding it while waiting for the price pump to change it into cash wherein we use to buy goods. For some countries where bitcoin has already been legalized it is used as a type of currency wherein it is already accepted as a way of payment. |
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
Most of my bitcoins are saved for future purposes because we cannot even know when or where do we need to have access on money. We all know that bitcoin serves as back up source of bitcoin so we must manage the money we get from bitcoin. Also you can spend some for your leisure and investments since it was your own will to decide where to spend your bitcoin. |
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Specifically as much as possible, I want to hold into my bitcoin and also into alternative coins to gain more profit than the usual. I will plan to save the biggest percentage of my total earnings and spend the rest for another investment and also some stuffs that I need in everyday living.
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Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
Bitcoin might be a large threat to banks through its decentralized block chain that enables users to manage their own account and do their own monitoring without the presence of banks. But despite of this matter, banks would not be afraid of it because if people demands on using bitcoin, they will surely issue that they will be operating bitcoin in their bank to satisfy the crave of the crowd. |
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No. It is not yet too late to buy bitcoin and there is no specific time limit to say that is now late to buy one. Actually it is now the prefect time to buy bitcoin due to the reasom that its price value is continuously dropping that leads for a great opportunity to buy. Also hoping that after this dump, when the segwit has been finished on August 1, price value will be back to normal or be pumping for a higher price.
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As we all can see BTC value is going down hard, we all know the reason for the fall, it has happened before. I expect value going down really hard the last 2 weeks of July, price is now around 2000$.
What do you guys think the price will be at the end of July? I think we will see a price of 1200$
I think that within this last week or two weeks of July, it will be normal that we will be goingto experience the sudden bitcoin price drop that is really unstable and alarming but after the Segwit fork, hoping that bitcoin's price value will come back to normal or the much awaited scenario is the price will pump. |
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I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
It is not the future virtual currency it is the actual virtual currency or cryptocurrency. And I think the society takes time to adopt with that because the technology now is not that advance to provide all individual a gadget and internet so for me it takes time to be the next currency. |
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That is normal maybe this is the red days but as I think maybe a month for the price to be recover and as soon as that will happen many of the people who buy bitcoin or altcoin now will get a benefit at the future but the most important is hold as long you don't need it because I am sure that maybe next week or month the price will pump again.
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Hey Bitcoiners? I'm desperate to start earning BTC
I'll do any kind of online activity as long as there's a Bitcoin payment. Where do I start?
You can earn bitcoin here in forum by joining the signature campaign and making some task just like twitter and facebook task. It is easy to earn here in forum but you need to first to rank up for higher payment. I hope this will help you and in addition after that try bounty campaign. |
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Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!
mining is the way you can earn bitcoin from the supply itself. And bitcoin total volume is 22million and these days the number that is circulating the market is only 20million+ so there's 2million bitcoin that still available to mine that is how bitcoins are supply. the mining is the supplier. |
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Save it and spend some because the bitcoin is your earning so it is normal to sell it for you to buy your needs, because me I sell some of my bitcoins to buy my stuffs because that is normal because I earned it. however, saving the majority of my funds is a must for me to keep investing for my future that's how I spend and save bitcoins.
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As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
Bitcoin can go all the way high as long as many countries are going to adopt the bitcoin but I think as the cryptocurrency goes on these years the Etherum might surpass the bitcoin because it is more lot better than bitcoin in terms of platform. And yes, I am with Etherum too but for now majority of my funds is at the bitcoin. |
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I am not afraid. Because, I know that Bitcoin is Future. Although, BTC dumped, but it's temporary not permanently. I hope BTC will pump again soon.
This dump can be panic sell from some that are afraid of what might come with 1st August. This may be good after all some correction and we can see price going up again, hopping to see hit over 3000 on this time to remain at that level after activation. Anyway this will turn out positive just need to be patient cuz this is very important for bitcoin. After the August 1 the huge pump for bitcoin is going to happen many people are selling now because they are not aware of what is going to happen they taught that is bad news because of the fake articles and news that is circulating the web but the truth is this is gonna be a good one. |
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what do you think about this topic?
Yeah, i think it is right. Bitcoin is instant way to get rich at least we are not rich but it is true bitcoin would be a first step to get rich. But if we decide to make money from bitcoin then believe me we would be rich man one day. Now we need to mathematically mind to use the bitcoin into in these ways where we get profit everyday. Otherwise bitcoin name is enough for making money. Bitcoin as a form of investment or trading tool is not in anyway an instant way to get rich. Look at the prices now you barely see it go up 200$ or more, as you can see the price is always around 2500$-2600$ which is not a good volatility as you are risking your whole capital on a hundred dollar gain. You don't even need mathematical skills for you to earn with Bitcoin, you just need basic math in order for you to know your gain (that's if you have a gain or maybe you will have losses). Technical analysis is what you mostly need in order to be successful in trading. Somehow that is correct for now because there will be an segwit this coming August 1 so I think if that will be success there will be a huge change at the bitcoin price so in my opinion let's just wait few more days to see what is going to happen. |
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