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We should not pushed this idea or it might go the other way and bitcoin will be the one who will be banished by banks or ban them in their industry. There are just number of banks in one country, they can easily talk about it and maybe come to a decision to take it off from them. Other banks are already offering exchanges and they can close it easily which will affect some user
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The first time I know bitcoin, from a website. I see there have been many successful thanks to bitcoin. after reading and discussing the end I started to want to know more bitcoin. to this day I feel lucky to have known bitcoin.
Ohh so you just taught yourself? Cool. I am luckier though.  Someone introduced it to me that is why I got information about it easier and someone to ask whenever I dont understand something about it. I think that is the fastest way to teach someone. |
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I think it is when I got hooked with one investing website. But its all crap it all end with a scam. That is why I didnt try it again thinking all of it is the same and will just end up also the same. This crap should end.
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Cant really count it for they are in different baskets. Estimated price would be a just 1 million sats per day if I get lucky.In a bad day I can say 300k sats or up. I am a careful trader so I dont put much in there. I dont count the profit from bitcoin fluctuation. |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided. |
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I think it will still matter on one persons way of thinking. You cant believe into something you didnt like at first. The question will be did it do somthing good to you to make it possible for you to believe? People, they want to see somthing good in a thing to say I believe in it.
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Fiat is still what I use for major transactions. Bitcoin differs in the field of money transfer to me. From paying a lot of money just for a little transaction to a very low payment in bitcoin technology.
Now life is better because profits are getting higher.
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Anytime. Just a wrong thing that can happen in the internet can shut it all down. One example would be the I love you virus that happened a long time ago. They got really messed up there hunting who did it which is just like a project from a college student. Many geniuses could really destroy it anytime.
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Yes I think that we can use the bitcoin in our daily life but I still have not done this because there are no stores that are accepting it right now in my area.
Well it is the same as exchanging it to cash first. It is the same money and you did something for bitcoin just by exchanging it. A good circulation is much needed now considering the movement is getting slower. |
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I use it mainly for online remittances as I leave abroad and I need to send money to my family on monthly basis and bitcoin has made it very easier for me as I can send it at any point of time with minimal fees.
Well for sure those people who have relatives abroad is going to see this as a good reason to try using bitcoin because this is going to help them to save some good amount for sending it and the receiver would receive it after a couple of minutes already. I have known some of my friends that started using bitcoin for remittance already and they're happy because it is tax free. nice reasons, but those are reasons for bitcoin use. but why would a customer want to use bitcoin. in a store for example. also bitcoin is not tax free. or would you like to make the point that if a go to a store an buy a banana for a certain price (which usually includes taxes), but instead of fiat i use bitcoin and the store owner gives me a discount since bitcoin is tax free? This reason is really going to encourage people who have relatives abroad to use bitcoin. Because that is what they work for to give their relatives to have a good life and even a single cent is able to help them to save. That is why many are going to love bitcoin and start to use it in future. Bitcoin is tax free there are just some miners fee. Yes it is correct. Every penny counts. So why pick something that almost feel like they are stealing from you for some really high transaction fees. I know that well because I am doing it all the time. The higher you send the higher the fee. Whilr it is still the same money. |
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Yes many country had already banned bitcoin because the think that using bitcoin would result I in economy losses and it's illegal to use bitcoin. But they have no knowledge of bitcoin and it's benefits
Actually, governments know exactly what Bitcoin is and what it is capable of. That's why governments fear Bitcoin so much, and do everything to hold the growth of Bitcoin back. They don't want people to enjoy financial freedom. They want people to remain the sheeps that they always have been. Well that is the fact about the society, government and bitcoin. Government won't allow something that is going to let their collection of money from the people. And because of bitcoin this is going to make the remittance center businesses to die and if those centers died. Then for sure that is going to be a lost tax for a country. If all the people are using bitcoin we will not gonna pay taxes anymore and the government will suffer so they are just making the right move not to legalize and support bitcoin, it is just an option to use online but it cannot be use to be use in the offline world or the physical world. What if they will make Bitcoin legal and more centralized? I think it is possible if they will create a world wallet just like the world Bank, a wallet wherein every transaction will be charge for processing fees and those collected fees will go the respective national budget of each countries affiliated. Good idea and I think that can happen. But who will control it? That should be a country who is not known for corruption or just thinking of a bad way to enrich their own country. Who would be satisfied with payments that come from sending fee and transaction fees. They could even take a little fee when buying online but should end with that. |
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Desperate people can do anything, they can commit actions you woudnt expect they will do. Bitcoins can also be a cause of this actions and with this site everyone will do anything, as long as they can earn bitcoins also to earn money.
Well even I, when I am desperate need for money but I won't do such actions that are related to illegal doings. I will going to do the legal way. Even though I don't used to sell some variety of goods, then I am willing to do that just to be able to get good and clean money. And I won't borrow money because I don't want to be in debt. Perfect. Who would like to be in debt. I dont want that also because sometimes I think of it so hard on how to pay it gets in my dreams too. So better stay with an own profit and be satisfied with it. |
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No it's not possible because bitcoin is father of all cryptocurrency and when a new user hear about digital currency thrn bitcoin comes first. And you can see majority of the website accept bitcoin but not other coins. Abd also bitcoin is in top most position.
It is not just about being the father of all. It is being the original. Everything is just a copy. I mean really everything. Well they could say everything that this is from this or that but their are still copies. Let us just make of use of them but dont forget to be careful. |
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Bitcoin is better than paypal when it comes to security. There's 2FA in Bitcoin, signed message, email verification, etc. And the person you're transacting with cannot secretly dispute his payment before 180 days. The only advantage of using Paypal over Bitcoin is that there are more online shops that accepts paypal than bitcoin
Exactly, Paypal is more popular only because it exists since long time and more people are aware about it as almost all online shopping sites accepts Paypal but things will surely change in future. the thing with paypal is that they enjoy the option of reversing transactions a.k.a "buyers protection". this is the only thing that makes people somewhat trust and believe in paypal. it gives them confidence that if they buy something, they can get their money back. Now it makes sense. Havent tried that money back for all my past transactions there are always complete. So that is their reasons. Thanks for clearing that out and giving information here. I will try to ask some of my friends who still use this Paypal. |
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Just one question to make sense to everything. What is steady for you? Are we different in its definition?
Still the steady way is for you to get a day job or a night job.
Here in bitcoin community there is no such thing as steady.
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The only way i do know to grow bitcoin is working, or providing some service, os be at signature campaing, besides those people does consider the rest a waste of time soo why not try sport betting.
The risk that comes with sport betting is high and some people don't know when to actually quit whether winning or losing. You need to have self discipline when going for sport betting I don't recommend gambling for growing your bitcoins and that is not safe at all. And anything or if you wanted to grow your bitcoins there is no safe way on it, just always remember that. And in sports betting instead that you are going to get good profit or grow your bitcoins possibly that you are going to lose your bitcoins or investments there. I think also that it should not be suggested specially for newbies. Let them be in the path where they could earn a little but would let them feel that their bitcoin is moving. Let them discover that gambling websites so that they wont blame someone. |
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Not yet, I am not ready to give up the job, the more important is that I work income beyond bitcoin, wages can cope with my daily living expenses. If I'm going to quit my full-time job, the first thing I think about is how to protect my life.
Correct. That is a good way of thinking. First think about the physical work. Dont rely on this online jobs because you dont know to when it will last. Plus it is bitcoin we are talking about there could be ups and downs. |
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At first the plan was just to pile up a lot of bitcoin in one place. But with the recent events I am now too scared to just put it in one place. Now trying to scatter it with many wallets. I havent tried the paper wallet and I hope they could put that service to many online wallets with a low payment.
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Anytime it can disappear. Due to the fact that it is leaving in its online state it will be hard to predict whether it will stay or not. If internet will be forever then it might. But there are things that can make it stop. One example is a world war.
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well, i do not spend bitcoin often both on the internet and in physical world. In my country, people rarely use bitcoin to buy something as well as receive bitcoin as payment due to the government restriction. And on the internet, up to now, there is not any useful thing for me to buy. However, i believe that someday i will buy many digital things by bitcoin
Yes at this stage we cannot spend it as the usage and acceptance of bitcoin is very limited either in real or online world so the best thing to do is to save them for future and sell when price goes higher. good idea to save your bitcoin for the future because i do not use my bitcoin i am sure that price will be going to high and i will be get a big profit from bitcoin when price go to high and we can be get a big profit. People are willing to spend their bitcoins but they are finding it difficult to do so as there are not many shops that accepts bitcoin and that ultimately is helping them to save their coins for the future. There are a number of places and a number of shops available online where people can easily spend their bitcoins for their needs but the problem is that these shops do not advertise their sites here on this forum and so people are not aware from these services. That is because it is against the rules here. If they want to advertise they need to pay. Besides they get free advertisements sometimes when users are making examples. Although this is a big community for bitcoin users there are also people out there that they are inviting. |
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