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Even now a little knowledgeable people were good to use with the help of various bitcoin wallets that were compatible with smart phones. At present people doesn't have a good understanding about the technology running behind the success of the advancing digital currency network. Soon more compatible apps might emerge over the years, so that even people who doesn't have much knowledge too can use which supports adoption.

That's pretty good amount for a good living after the days of retiring as mentioned. Even now most users plan to make a earning of around 100 bitcoins. Possibly over the years such number of bitcoin value goes very high to have a luxurious living even on a job.

Such issues were found with few bitcoin exchange websites. These can be overcome by transferring the bought bitcoin to other bitcoin wallets. Also its better to store in Blockchain wallet, it has got the improved security features compared to other bitcoin wallets.

When bitcoin was created, it was used as a token for transaction purpose. This eventually with its potential evolved more than a transaction processor and got accepted as a currency as well an high profiting investment.

Now the word digital currency had started to roll on more conversation, as well people had started to talk about these on financial debate programs, but this has been never explained to the public technically. So soon we can see countries getting into complete use of digital currencies. When such incident happens people might understand easily what it is and the accessibilities.

Plan is to find a better day job abroad. Second thing is to make a good earning of bitcoin with a target to be achieved. I hope to earn as well multiply as much possible to touch 50 bitcoin within 5 -7 years time period.

More and more new users were coming into bitcoin, as it has been getting more popularity than the past days. Another thing is the price growth, the increase in usage always have a connection with the price. The gradual price rise perfectly describes how the user profiles had increased.

Nothing is permanent, but based upon the acceptance got from public, things can be changed as its a creation of human minds. Right now trust and real understanding of the digital currencies is the one which makes the digitalized growth of the universe effective.

Price volatility is one among the unique feature that bitcoin has got. Lot love the volatility which can't be experienced in any of the other country currencies or digital currencies. The volatility keeps the traders active to earn good profit.

Its really hard to get bitcoin for paytm or mobikwik. You only need to try finding traders or exchange websites that offer the acceptance of payment through mobikwik or paytm. I believe you may find one if you surf the localbitcoins trading website.

Buying drugs with bitcoin is possible, if one can find a drug seller who sell drugs in return for bitcoin. Importantly now the bitcoin use in such antisocial activities have decreased a lot.

Bitcoin at present is used for good than illegal purpose. When bitcoin as a digital currency got existed, users started using it for illegal and trades involved with transactions which is not authorized by governments. Later on users started understanding the potential and started using it for good.

Both the methods of earning has got risk, but the risk factor increases when the greediness increase. On skill based gambling when users bet based on greediness the possibility of losing increases. Same when user tries with increased profit margin, selling is not possible in a short which too might ends in loss based upon price fluctuation.

When years pass countries will start creating their own digital currency based upon the blockchain technology. When countries have their own currencies it cannot be used universally similar to bitcoin. On this base bitcoin will be moving on the rising side and won't fall of these generation of new coins.

Buying bitcoin is very easy as well possible with all sorts of cards, transfer methods and payment processors. When planning to buy, if you don't need to reveal your identity then there are legit exchange and trading websites which won't need identity to be proved. Else connect to trusted trader through our forum and make the purchase and pay through any of the accepted ways.

Can experience a good price increase often as the mining of coins is been getting decreased on each halving. At the same the popularity and spreading has caused more people to enter bitcoin. So the need increases than the supply often resulting in the pumping of price as it happened this week.

Nothing bad or good, just the Chinese citizens gets the access to use their country's fiat currency in digital form. It doesn't be compared with bitcoin, because that has got a central control which our bitcoin doesn't have. Everyone wish to be anonymous, but china using Blockchain technology and creating their own digital coin won't be a big issue for bitcoin as well altcoins growth.

It has got the highest possibility of reaching $1000, due to the ongoing steep variation. The sudden increase has given most of the traders good profit. The price volatility is one of the best thing bitcoin has got which can never be experienced in other currencies. Users can feel the pump than getting panic.

For the purpose of gambling if someone asks for bitcoin, then the risk involved is high as mentioned in the above quote. This is because of there is no assurance that the user wins, so lending would be effective for the purpose of business start-ups and trading needs.