i hope that a time will come when bitcoin will replace Dollar but not so soon.
I think it will but like you said not so soon. Oh and there is a low percentage that it will be bitcoin. I think it will be another currency or they will adapt with their allied countries to build a one currency for their own benefit. |
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Why is so many people really making this an issue? I have argued with a man also that says some kind of this things. That fiat will be erased in the world. I dont think he really think it through. There are some things that needed to be considered before things like that happen specially with fiat that have been used for many years.
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Once i've kept about 0.6BTC just for the future use. But, recently i spend all of those saved bitcoins. Nowadays, i'm not saving any amount for future use and i'll exchange it as soon as possible after i got some amount of BTCs!
I will support you with that. They might say it is bad decision but just ignore it. We need more users that will have that courage to really make a use of bitcoin. They are all making it rot and that wont help a lot for making it more popular. Imagine keeping Justin Bieber in his closet then how will many of the people will know he is cute back then. |
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Recent events made me use more of my bitcoin. People are starting to ask if they can pay up through bitcoin with their online orders. They want to use my bitcoin as a means of paying even if I say I might charge them a little. They say it would be better than the percentage that they will pay when they use their credit cards. But the problem is the lack of payment options in online stores.
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Trading is safe method to grow your bitcoins. But you need to have good knowledge before investing because its somehow risky.
trading in bitcoin and iat is good but if you will trade in altcoins then it will be with high risk like you will face some scammers while investing in ICOs and altcoins. Yeah i agree with you that trading in bitcoin is much more safe and secure and if you trade in bitcoin then it will be more profitable because bitcoin increasing its price too much faster and people feel secure when they trade in bitcoin and you are right that if you trade in altcoin you will face to high risk . Are you really sure that the price of bitcoin is increasing faster? We are sitting on stable price since long time and there is no scope of major pump in coming days too. Wait. It just have been what? 3 months or 4 months? We got used to the increase and cannot wait anymore? I dont think that is a good way of thinking. Besides it grew like almost a double so why are we racing again for a sudden increase? Gold have been increase for just like 5-10 dollars and here we are so greedy with another increase. Patience. |
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The price says the value of one thing. Just look at the rare things that have found by some archaeologist. They cant even sell it because of their large amount of value and some will make a high price just to buy it. Same with bitcoin where it grows in price as demands go higher because of its rarity.
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Fiat system is worldwide. Imagine one country changing it. If a strong country will start then the others might follow but I doubt that will happen. Their strength can be seen through the value of their fiat so if they change that it is like they are saying their money dont have value anymore.
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It is for good purposes. Money have been hard to get and you have to get a great job to take care of that necessity in life. Bitcoin is offering another way of making money by just investing it. Although many says it got a lot of risk I can see a great future ahead. As I see of what is really happening all of the events in bitcoin price is to go up.
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With a lot of gambling that is taking place plus the sigs are almost all gambling sites it is really hard to control it when you know you have a bitcoin to use. It is good for bitcoin economy but not for people. I guess managing is really that hard when temptation is near you.
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I think it will be nothing for others. There are not a lot of users so not much will care. If it is just for a certain country then it can be exchanged to a different one or maybe sell it user to user. But I doubt it will happen, they can close the transaction for bitcoin in many industries but not actually banning worldwide. It is online so how could it happen?
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If USD is what we are talking about here then it is really in great danger. There have been news that it might fall and some financial analyst are already seeing it. The media also brought out some news regarding the possibly fall of it. Although not see in daily news it can be seen though some social media.
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can see that most people discourage gambling as way to earn bitcoin. Gotta agree in that, it will be even better if you could trade or even invest in casino. Betting make u lose 90% of the time  It is at the losing side that is why a lot of people here are discouraging it. House will always win. You may get lucky at start but I dont really think it is luck. It is more of an introduction to you that makes you see you will win but afterwards it will be hell. |
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Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest
For now that is the best way on how to treat our money, we cannot really rely on bitcoin wallet for our savings as that is very risky, there is no insurance at all and we cannot determine that the future of bitcoin will succeed although looking good IMO. It is good to be safe than sorry, so put your money in the bank for savings so you will not regret. Correct. Just like they say "safety first". If you are feeding a family then you cant just rely on a wallet exchange specially with the events that happened lately. I would still consider taking some of my funds in the bank rather than letting it stay in one wallet or you could stash it in your own cupboard or closet. |
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I now go with weekly earnings and maybe when I got a little bit of bigger income I would make it monthly. But in terms of daily if I would be estimating the average I guess I can do 1 million satoshis a day and that is a bad day for me.
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Even if it goes down in terms of value I doubt they will change it. It is like preservation of their history. Maybe they will just find another way to make USD stronger again. It can be done for they have a lot to export and can do some deals with other countries.
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That would be great but it's a bit risky in my opinion
It is not just a bit risky but a huge risk. You will be endangering your income which provides for all your needs in bitcoin. I would rather suggest to do it yourself that way you could control it and wont regret at the end. |
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If you have a larger amount tow invest art pieces are good decision. You can't go wrong with that, their value rises up all the time. Investing in gold or profitable shares is also good one. Depends also if you thinking on long term investments or something that would pay out rather fast.
But those will need a lot of money unlike here. With just 10-20 dollars I can buy somehow and might come up with the thinking to make it larger. But what you say is true, it just needs a lot of money and most do that when they are rich. |
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You watch too many sci-fi movies.
Governments need crime and terrorism to keep themselves in power, make big government important and keep their taxes massive. All criminals eventually need to convert their sales into a governments currency to buy things they need and want like cars and houses. The elimination of fiat currency and establishment of absolute government tracking of value around the world would end the need for big military and big law enforcement. That would remove power from government and cut taxes which is the last thing government wants. Fiat will be around until the last corrupt politician dies in the arms of the last surviving mega corporation. So essentially it will be around forever.
This proves that the government is really dirty specially USA which is best at making weapons of massive destruction. Of course they will look good at movies but what is the truth. I guess they are getting some shares with other countries industries with the trade of their weapons. |
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I doubt that banks will ever disappear. There always will be people who need money and people who need to keep their money in some protected place as Swiss banks. But today paper money are going in past and even cards may disappear. So I think banks just will find out how to work in this new terms and will continue their activity on some other level.
That is what is good with this banks. They can offer a loan instantly or even cash from your own credit card. Sure people are being fooled by this things now. But it is getting lesser as time goes by. People are getting wise when it comes to money and they are seeking options with a low percentage when it comes to loaning. |
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Could be. Actually it is. You use a lot of capital for it and there is this really big risk whenever you use it to play. Still it is not a good way to invest. Should be just for game and fun.
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