This could be just another cathastrophic annoucement made for creating panic among users but with no real background. And the result could be like with ETF, so nothing worth mentioning. I simply don't think miners would go for it and waist their time.
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I think Bitcoin can't replace any fiat currency, not just dollar. I'm not saying this because I think this wouldn't maybe be good but there are just not precondition for that and Bitcoin itself is not designed to replace fuly some traditional currencies and me and of payments. It can be some aditional choice and alternative, also very well accepted, but it,will not fuly squeeze out any fiat currency.
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At the moment Bitcoin doesn't have some serious competition among cryptocurrencies although there are many attempts some very ambitious. But in many ways Bitcoin still can't compete with fiat currencies and there is the space for progress. Gold is also the kind of competition so that is also one thing we have to have in mind.
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Just hold, don't sell unless it's necessary. With this wholew ETF story some people have begun to panic and sell but without reason. We have witnessed some minor dump or better to say correction but Bitcoin price is on the way up again so you will profit the most by holding coins.
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There are so many guidelines, tutorials and advices for Bitcoin beginers here but I guess another one can't hurt, especialy if it has quality. Anyway I wish I had something simple and useful how to deal with Bitcoin and Bitcoin transactions four years ago when I first entered in the Bitcoin world. Thumbs up for your efforts and users will best judge if this is useful for them or not.
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Sounds good but is it realy possible? Maybe as equaly currency to fiat, that sounds feasible but Bitcoin as primary currency seems a bit like science fiction to me. Anyway, for final attitude about this more relevant information are needed although Norway is very progressive and open minded state so everything is possible.
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I think it was just occasional minor dump that created panic among some Bitcoin users but I would say this was expected and price has been back on the track very quick. It was however a good opportunity to buy some more coins before the price started to rise up again. Let's just relax now and keep eye on the market.
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Bitcoin day like celebrating day? Why not, it's possible. This could be the good day to promote the Bitcoin and cryptocurrencies in general, to educate people. We just need good will and enthusiast who will be the motion wheel and make the initiative. But which date would be the Bitcoin day, could we agree on this?
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It's not that easy mission and it's depending on method you are using. I wouldn't recommend gambling because it's highly risky and you could easily lose everything. With trading you could have some chances with enough knowledge, skills and luck of course. If you combine Bitcoin trading, some Internet connected job then the chances for parking 100$ are very likely.
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I wouldn't bet that you can ensure fixed income with trading. Trading it's risky business and potentialy there is always chance to lose. Maybe if you are skilled and experienced enough you can have some fixed income, but not the big one and depending on funds you invest. But I wouldn't rely on that fuly.
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Bitcoin ATMs are no new thing anymore and I think many Bitcoin users are familiar with them and are frequently using it. In my country there are few of them placed in biger cities and are well accepted. So far I haven't heard that people had bad experiences so, yes, I would use them although I prefer some other ways to get Bitcoins.
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People always had dreams about getting rich and when Bitcoin appeared that seemed ideal opportunity. But of course this is not that easy as it seems and realy rare users have succed to get rich and mainly among early users. But we have to abandon this unrealistic dream about getting rich with Bitcoins and just use is as best as we can and get the maximum profit out of it. But without efforts and hard work nothing will fall out of the sky.
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I can completely understand you. I'm in Bitcoin since early 2013 and sometimes still get that feeling and thinking that I haven't used all my opportunities right, that I could have learned more that I should have been more successful with Bitcoin. But that it's probably normal, it's in human nature that we always want mor, always want better. But we are not newbies, we have a lot valuable experiences, don't forget that.
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It's good if you are familiar with technology that can help you a lot in any way. Today we live in techno society and sometimes this is crucial. But people often use something not actualy knowing what is behind, not knowing the technology and that is often case with Bitcoin. People use it and they don't know the basic information and how Bitcoin technology is working which can cause many mistakes.
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The answer is simple, because fiat currencies are still the major and that is how it will stay. For various reasons virtual currencies including Bitcoin can't just replace fiat currencies because the world financial system couldn't function that way and that would require changes that just are not possible. But no matter to that Bitcoin is accepted, not maybe that widely as we would like to but in the upcoming years it could become more equal to fiat money. Many people use it and more will begin to use it, so that is success.
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Since this is a small amount you can't expect much out of it. I mean you can invest, no amount is to little, but investment of just 50$ isn't actualy profitable so try to collect more funds or if you can't then buy Bitcoins for this and put a side and every time you have a chance to buy some coins do so and try to collect as much as you can and then invest.
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the fud for the hard fork is causing a big sell off, all the money ar enot lost they are all in the altcoin, look at zcash and etheruem and dash, all the bitcoin that are sold are there, my guess is that after this fork will be done the money will return to bitcoin, so don't worry keep holding and buy more at cheaper rate!
Agree with that, there is no need for panic or selling. People are Investing in altcoins at the moment but.Bitcoin is not on that big loss and I think that the Bitcoin price will be on the track again, stable with tendency to rise again. Every time when price is going down a bit people start to worry and even panic but this time there is no reason for that at all.
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If you look at Bitcoin as an investment or you have plans to trade then it's the way how to earn the money. So it could be like any other investment commodity. But you can use Bitcoin as a payment method too so it has some other characteristics too. That is the beauty of Bitcoin, multiple ways you can use it and have benefits.
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Maybe I'm wrong but I think that some banks and governments stopped considering Bitcoin as a threath but more as an opportunity to take their piece of cake for themselves and make the profit. I think they have realised it's too late to stop Bitcoin so that is better for them to join that train before it's too late.
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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. I would support you saying that it's st not to late investing in Bitcoins but I also understand those who say that they have missed the perfect moment. Like in everything else so with Bitcoin too people think that there were some better opportunities they haven't used. I'm in Bitcoin world since 2013 and I also have the feeling sometimes that I haven't used all my chances right in that period. But, yes, it's not to late to enter the Bitcoin world and make profit.
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