As we can see, the value of bitcoin now is continually increasing, we don’t know in the near future of its value, but I guess it will more increase as the time goes by and I guess it is a good time to buy more bitcoin now and sell it some other days. And have fun when thing is getting better in this bitcoin industry.
But let us not be greedy on gaining too much from bitcoin. Always remember that being greedy makes people down instead of on high.
Let us just be wise of taking things out.
Best regards to everyone here.
Cheers..
I think bitcoin will still increase considering the number of people getting inovolved every day. Even with hiccups on the road , as long as the develoment is keep on moving, and the usage keeps on gearing toward being mass friendly, there is no doubt that whoever invested today will reap a great rewards at the long run. No doubt about that. Although it is slow it can really happen. If we just keep on pushing some people or give an example that it is really more convenient comparing to other currencies or even companies with money transfer. I start with that introduction specially to those people who send money twice or thrice a month for their relatives. This could really help them make with the fees. |
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i think bitcoin is already a global currency because bitcoin is acceptable in everywhere for shopping and there is a lot of companies and other business organization accepting bitcoin and bitcoin is very famous currency .
It is. I dont know why this question pop up. If you think of it a lot of online wallets have been created which are selling bitcoin in their currency and also change it back at different currencies. So I really think it is global but not to the extent that every country really knows it or popular in it. |
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Online there is just a little that I have been saving which is in coinbase. Others they are in a safer place. We should always be ready if something comes up so I think the best way is putting it in different storages.
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Well the worst job I ever did when I was desperate for food money was look in all the trash cans daily in Richmond, bc, Canada and take all the bottles and cartons to the recycling center and sell them. I used to make around 2-3 dollars a day, going around for 3-4 hours, that was a tough time I will never forget lol. I hope I never have to do that again.
But that is still decent. You are desperate but still have the better thought than anyone. Some will do evil just to make money to eat or to give for the family which I this is the worst considering if you get caught then who will feed them. Well bad things come through desperation. |
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Trying to scatter some of my funds with other investments. I am now looking in Gold to see if it can some profits in just a manner of time. I dont think it can keep up like what bitcoin is doing in its fluctuation but still it is a good choice to invest.
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No way, It can never happen. Bitcoin is just an alternative mode of payment, It can never replace dollars. The obvious thing in this is, all of our money that we use in daily life have physical forms and bitcoin doesn't have it.
That is surely right for now because we can see that there are not a lot of places in the world where bitcoin is being used in physical world but it is being used digitally most of the places, so for reaching the time where we can compare it to dollar which is used all over the world, there is still a lot of time to go. But still we cant foretell what would happen. There might be events that would really make a big change in the financial industry. We could just say our opinions now base on what is happening but for the future it is unknown |
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Trading has a nature of gambling cause it's need a bit of luck. Though skills are very important but luck is also need.So, none can assure you that you will win only.Soo it's better to start trading with small amount which you can afford to lose. I started trading with 0.1btc & now I Invest Minimum 1btc in altcoin investment.
Yes trading has a nature of gambling because we need luck to get high profit. So i agree with you its better to start a small amount that we can afford to lose. So when i start trading i start 0.03 bitcoin i roll it like gambling for me to earn a big amount now the 0.03 btc is .6 btc now so i got lucky then because i choose a good coin where i can roll my money. Not really luck but more like a pump. It doesnt rely on luck. It rely on people that will buy it or make use of it. That is how you will profit from that. It is way too different than gambling |
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Many times I told my self that I wish I get in to mining at 2009 , I would be rich person now
Lol I think you do not need to regret that has occurred. try to try out the business or new business, I'm sure you can become rich if you're willing to work hard Well we can't go back to the past and let that past give you a lesson already and for me it is still not too late for you get into mining. But don't regret with it anymore because if you do that will going to chase you as nightmare everyday before you are going to sleep. But I think you have bought some bitcoins that time. Just move on and let the present work for you. In mining I think there is no late thing. Bitcoin will halved and halved again. Those rewards will be down and they will say they will also need to pay for bills. So after that they will need bitcoin to be pulled up. |
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I have and invest in bitcoins because I see it as a potentially profitable investment of money and with the potential rise and increase in price then I see it as a great opportunity, I also buy few online games using it and getting some discount as well.
I analyzed it and for a year it always grow in price. Though there are down which are done by some exchange wallets, there is this still truth that it really went up. We are just negative in our thinking and dont see he truth anymore. |
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I would say it is supporting my life a lot instead of affecting. I am spending 4 to 5 hours in earing btc. This earning is used for all expenses. Though I am employed in a reputed organization, the salary I receive is well enough for clearing my personal loans, credit cards and house rent. I lack money for my family expenses. Hence, this small money received every week, supports my family.
Whoa. That is cool of you. But I feel you bro. I got the same reason in doing this. My income in my day job is actually enough for me and I have some savings. But thanks to this I could create more money to somehow help my relatives. |
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I don't think it will change the economy that much, banks are an integral part of the economy and how currencies work and I don't think bitcoin is deleting it but rather might be a portion of it in time and I don't think it's impossible to see a real bitcoin bank in the future.
Yeah and they have a lot of rich subscribers. So it wont be easy to pull down banks. Maybe of could rob one bank in many places at the same time you could take them down. I highly doubt there is someone who could do that. If you rob just one bank in one place they could make it back thanks to the people. |
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I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.
I think you need to realize the following things. 1- Poor people aren't interested in investments since they need the money that they barely have for things with far higher priority. 2- Poor people aren't interested in a tool that will allow them to transfer money world wide as they need the money that they barely have themselves. Correct. What will they offer if they got nothing. The brokers wont even talk to them because they knew they have nothing to offer. So it can help the government of one country. Maybe this investment can be something like a reserve for them and somehow it can get huge at some time. |
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Bitcoin's only competition is by currencies trying to imitate the same thing it offers therefore I too consider it without any serious competition or something taking the same concept but starting in a different way. ETH and MONERO are good ideas but not something so new that it can take BTC's place.
Beats me. So many coins made already but none has gone as far as bitcoin reached. That only means that bitcoin is the pinnacle of cryptocurrencies.  Bitcoin is big because it relies on nothing else for its value or success. The community primarily revolves around it, and it is the most widely known and accepted cryptocurrency to exist. One of the biggest things Bitcoin has going for it is that it came first. This means the community adopted it as the primary crypto, and it went on from there. Love that thought. I dont want also something that rely on anything. If that exist then problems come. Look at the other coins, what is happening to them when they reach the volume they want. They just suddenly disappear. Look at companies with a boss just like Bitmixer. If the boss wants to stop then everything stops. Here in bitcoin there is none. |
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i think i will alway vote for luck. luck is the king and skill are the soldier , as soldiers can make the king more stronger, similarly skill can really make stronger the position of luck, as most of the people think that luck can be change by effort but to me effort cannot change the luck.
Problem is luck is just all made up. People from long ago dont believe in that. There is this only work and skill. If you rely too much on luck then you will also believe in a bad omen and so on. It just become traditional and passed on to generations. |
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As we know that bitcoin has high price to USD, even bitcoin still brand new in worldwide.
USD for sure more though than bitcoin, use in every country and known as international payment
We can't compare both of it, each one has it own advantages in financial world.
There are some places that people don't accept USD but only bitcoin and there are lots of places that you are forced to pay in cash or through fiat money. Bitcoin is good enough to make online payments and without worrying that the buyer will chargeback or something else (if you do legal and the right way). For international payments through USD this is a bit complicated and takes some fees which with bitcoin it can be passed within <$1 max. I consider both as winners. Correct. It is about how wide the options are. There are this online shops which dont have a lot of options in their payment method. If it is bitcoin in their website them it will be good for us. But for others they still prefer cash or credit card. We have our own opinion in this matter so it is at your own convenience to what you will pick |
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i have found that the best way of having bitcoin is only buying it with fiat. but if you want toe earn it not buy it. the best way i have also found that works best for anybody is only trading with bitcoin.
Yes, instead of struggling with time inefficient earning resources, working on our regular other earning opportunities to make some fiat and using that income to buy bitcoins must be the best way to have more bitcoins. But people never agree this and simply struggling with faucet kind of very low earning methods and wasting all their resources and time. I agree that faucet and small earnings will not make impact in the money. Try to advertise your like Technical support, site maintenance or coding and etc... When you will get into any bitcoin project such like that then you will get good payment on that work. Those faucet owners dont get a lot of profit from that also that is why they cant pay that much also. The problem would be in the company that will advertise their product or whatever it is. If they can pay good then faucet owners could distribute it fairly. |
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I do not want to speak to soon because when we were still in 2015 people were also saying that 2016 was going to be the year of the Bitcoin and that was not true.
I am just going to wait when we reach 2017 and see for my self what that year is going to bring us.
Because that's what we were always saying. Even if we go back a few years, we were always saying that next year will be year of bitcoin. Just why don't we celebrate every year as year of bitcoin then? Actually they didn't even realize it. They keep on telling that next year is a good year when the fact that it is shows in the charts. From a $300 dollar price to this. Every year of bitcoin is always good we just keep track on the downside that is why we dont see it. |
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There's nothing wrong with loans as long as it will be used to gain or earn profits from it. It's bad if you borrowed money to buy something that will not give you anything in return to pay back your loan. In this forum lending is very risky since you are just dealing with a online people and nothing but online reputation to back them up. They can easily run away by turning off their PC's.
A problen that had been occuring here since loaning started. Even with reputation the deal could end up bad. I also saw a lot of newbies now that are borrowing but most were denied. Because of the ranking thing the loaner could just pick people with higher ranks. |
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Banking Industry will not disapear. They will adapt to new technology, even cryptocurrencies. When all people use cryptocurrency , of course the bankers will put a lot of investment in cryptocurrencies so the technology of banking will follow the developpment of cryptocurrency.
Why would bank use cryptocurrency? They cannot control it, it is the exact opposite of bank where they operate base on trust while crypto is trustless. I think banks will not disappear though even if crypto become the major thing. that's right because there's still many people who doesn't want to take a risk they wont let their money to be at stake if they can only realized how the bank works but there's a lots of things to work out with btc before people will embrace the potentials. Banks have been here for a very long time that people have developed a blind trust in it that is why do not care what the banks are doing in our money. If they understand this, they will absolutely switch to bitcoin. They use our money also to create an incone for them. The problem is they just give a little portion to the people who are putting their money in banks. Even if they are making a lot of money from it. People are already thankful for that little portion that they didnt even know they should be receiving more. |
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I dont think it will have something to do with bitcoin. Even if an altcoin is deleted the bitcoin that was used to buy those coins will be on its owner. So still those bitcoins are existing. They will use it again to create another scam coin.
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