I just can't imagine something like everyone is not spending bitcoins.
Instead everyone is hoarding it.
I guess that won't happen because if no one's spending then the coins will not circulate then no one's gonna be able to hoard.
Yeah and that is not possible that no one will spend their coins as we very well know that majority of users are spending their coins on gambling which is helping the circulation of coins. |
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I thing ignorance is stopping people from using bitcoin. They don't know the real usage or feature and bitcoin and only rely on what they heard negatively about bitcoin. This is very unfair because they already judge bitcoin without even knowing what it really is.
Knowledge plays an key role in it, if they are not knowledgeable enough then we cannot expect them to use bitcoin as they should be taught about it initially. |
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I don't use bitcoin as a currency because there are not enough places that except it now days. However for trading it has a great value for me as the margin on some trading methods is quite high.
If you hold good knowledge of trading then it will help you in growing your coins in long run and it will help you in earning higher profits in future when price goes higher. |
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Bitcoin is accepted in almost every thing online.
Yes there are also some bitcoin exchanges in my country but its not being used offline yet in my country.
Yeah using bitcoin online is very good at a moment but its not widely accepted offline everywhere yet and it will take a long time in my country to happen that. |
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You can invest it, if i had such ammount i would try trading eth looks a good market and a huge interest around it these days.
Yeah ETH is growing at a moment so it would be a good choice to invest that money in it and can earn better returns in future and if you don't want to take risks then simply hold it for future. |
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THis is quite impossible feat now, but if you go back to before 2010, you can simply get 17 bitcoin by mining with your own computer rig and just get the mining rewards. The only way is by gambling, either gambling site or some altcoin. Both which are too risky and too hard to double your money. For long term maybe you can start a service that accept bitcoin, just like other business a rough start but if you determined enough you willl earn much more than that.
Gambling is not a way to reach such a big target, gambling even cannot make you reach a small target because it is not designed for that. Gambling is just for fun most of the times, the ones who tries to complete their big targets with gambling always end up losing everything they already own. Yeah and if you are hoping to that money from gambling then that is never possible, in fact you will loose everything that you hold, as gambling is the fastest way to loose money. I think gambling and trading are the only way to do that.Yes its very risky and all the amount can also be lost but you can also win and reach the goal its upto the person if he wants to do that. I dont think there is any other way to do that. I don't believe that gambling is the only way to do that. You can just depend on trading for sure you are going to get that amount of earning. But don't get fast on it because it is going to be a long time depending on how you are going to be a good trader at all. Trading is better option in compare to trading as in trading if you have good skills and knowledge then you can make it in long run where as gambling depends only on luck. |
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Fiat currency is used in our daily life.We do transaction in fiat in our day to day life,we cannot survive without it.
So weather we believe in it or not we cannot survive via fiat currency.
But still i believe in fiat and its future also i dont think crypto-currecies can ever take its place no matter how popular it become.
I think fiat will always survive in long run as it holds maximum number of users and they are also used it as they are using it since long period of time. Probably true. As long as you believe in your government you will believe in Fiat aswell. Still long road to go to get your pension paid out in BTCs instead of Fiat. Getting pension in btc is never possible as government will never allow bitcoin to become a primary currency and not every company will start paying salary in bitcoins. |
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In the light of the current discussion on helicopter money, with known inflation consequences, it could be that bitcoins become the much more popular. With high inflation, as people start fleeing towards a safe currency which could be the bitcoin. Well you are right people are looking for a safe currency which is going to give them convenience at all. And with paper money there are robbers that are going to hunt you down if you are going to hold a lot of money. But with bitcoin it is safe on your bitcoin wallet. Yeah due to the robbers people try to stay with digital system, like bank cards etc, and if they will know about bitcoin and will know about its features they will start to love it and will adopt it for their uses and security. I think it is still very difficult to use digital money, maybe there are still many places that do not provide it. paper money may still be used for prolonged periods of time because the most important reason is that people have become accustomed to using paper money, it may take a very long time so that people can understand about digital transactions Yeah and people who are not aware about latest technology will never entertain bitcoins, as they resist change and they feel that its an waste of time and money. |
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I'm not buying BTC. I prefer earning it from signature campaigns, gambling with faucets and tasks. I'm not buying it because I lost everything I bought most of the time haha  Yes its always better to earn it rather then buying it, as bitcoin is allowing us to earn it in different ways so I think we should not miss an single opportunity to earn it. |
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Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .
Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future. and currency is used for buying and selling good. but what can we do if we have no such facilities in the local market. therefore we are only holding it and can wait for the price increase. If you are not able to spend it directly then you should sell it and convert it to your local currency and then spend, as the circulation of bitcoin is very important. |
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yes bitcoin should have a future and i firmly believe in bitcoins.Already bitcoin has grown and is still rising its in progression so which means bitcoin has a lot more potential and it will be a much more bigger success in future.
And i hope it lasts atleast till i am alive.
Yeah bitcoin has a great and promising future ahead bitcoin is still very new to many people but in future when it will get more popular just imagine what value it would be holding. |
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A very good way to earn some btc is to join signature campaign. Also you can start trading but you must be very careful if you do not have any experience.Whatever you do, avoid these bitcoin doubling sites you will lose your money in these scams.
yes that is a good idea. we should avoid such kind of schemes. because there are more chances to lose your own money in no time. therefore it is a good option to earn bitcoin from a signature campaign in a smooth way. Doubling bitcoin from signature campaign will take a very long time but you will definitely double it without any risk and its always better to play safe. |
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Maybe not this halving, maybe some other halving since that will continue to lower the bitcoin rewards by half.
Maybe in next years to come bitcoin can reach that value but not at the moment. it didnt even reach 1000$ so it might be faraway from now to reach that price of bitcoin. The price was never supposed to reach $1000 because of the latest halving that has taken place. The best we could expect was the price to double, and that's exactly what happened. Realistic people are happy, while the dreamers keep moaning about not reaching $1000-$2000. So you are saying that this current price is already the effect of halving even if it happens before the halving, I guess we have not felt the effect of halving yet even if the price have already substantial increase in this year so it should happen in the coming months. Without the halving speculation, we won't reached this price so it can be considered that we are here because of halving. But literally, the actual halving effect has not yet established but Im happy with the price now rather than months ago when are struggling to breach $500. We are not expecting too high price at a moment but its good to see that price didn't drop after the halving as everyone was hoping for price to go below $600 after halving. |
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Just save a parentage of every money that you earn just put it on the side, this way you will be able to save money.
It is just like holding on to Bitcoin hold on to your money and not spend it.
Everyone knows that is the key to save money if you don't spend all you earn, but it would be far better for someone to save the money and buy bitcoins from what he is saving, in that way he would be earning some extra profit with the time because the price of bitcoin increases with the time. Yeah saving money in bitcoin is an really great idea as your saving will grow over a period of time as price will be surely higher in future which can give you good profits. It's really good to earn money by saving bitcoin. Bitcoin saving had made users to avoid unwanted expenses and investment and have trust in bitcoin earning and investment. Yes and I think that bitcoin will take care of both saving and investment so I am saving a part of my salary in bitcoin on monthly basis. |
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Holding your bitcoins is really a good form of investment as the price of bitcoins will certainly rise in the future. If you have a day job, you could apply your method because you day job earnings will take care of your basic needs in life and your earning working online can be your savings and would provide you a good retirement in the future.
That is the wise way to do especially if you have day jobs. Like me, all my regular spending are covered by my own salary. My bitcoin are just there playing around with the price volatility. Having day job aside from bitcoin earnings is a great opportunity to earn more. Im just actively spending my bitcoins if it really needs to spend. Yeah we should spend our coins regularly as only holding will make bitcoin as an weaker currency, I generally spend it for buying online stuffs or converting it to my local currency. Putting bitcoin into investment is not wrong as we can gain benefits from it, but of course on the other side, we must use this too for currency even a little bit. As soon as big fiat whales knows the potential of bitcoin, chances of them to enter this currency will boost the price up. I think when new users will start investing their money in bitcoin that will eventually help the price of bitcoin to go higher and I think that would be the best time to sell your coins. |
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Not only me no one can return bitcoin that they are received randomly or mistakenly. Everyone in the world is working just for money and if they get free money than how they will get back this money or bitcoins?? But i have believe that there are some people that will return the bitcoins if they received by mistake but if the person want back that money  Very very true, we all are here and talking to earn money and bitcoins and when we get it for free why will we return it ? really it will have no convincing reasons other than karma related things. I think only people to return would be the ones who are pressurized for returning it. But I have saw a lot of people who are more honest and more loyal with the orders of their God and I think if those people recieved some bitcoins randomly or by mistake they will return it with not taking any moment. To be honest its hard to believe that anyone will return it as its really difficult to find those honest people nowadays and chance are very less then anyone will return it. |
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At the current price , i would not buy since price is $680+ and i cant afford it even if i have my own stable day job. My salary is just exact for my everyday needs. Ill rather do signature campaign to gain btc and would not mind to buy since i have no money to invest to it. Others may buy more btc as of now since theyll believe that price in the future would rise , which i also believe.
Remember that bitcoin can be divided down to 8 decimal places. Therefore, 0.00000001 BTC is the smallest amount that can be handled in a transaction. You don't need to buy it as a whole for the price of $680. This is how bitcoin can touch those small time buyers. Agree. We don't need to buy bitcoin as a whole since bitcoin can be purchase even at small fraction. Also because bitcoin can be purchased like that, people can test how bitcoin trading works with a small amount as a capital. And if you don't what to buy then bitcoin also allows us to earn it, so I think instead of buying we should give our best in earning it which goes investment free. Yes it's a good option too. Make your bitcoin earnings rotate by converting it to fiat then use that earning to buy bitcoin at your desired buying rate. Most people in the community doing that kind of method so they can never harm their own fiat when purchasing bitcoin. Yeah and its not possible for everyone to buy full bitcoin but you always have an option to buy it in small parts and earning bitcoin is the option that you will have everytime. |
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Of course it has - in every way possible.
Yeah it has changed life of all of us as we can earn some extra money from it and it will keep on growing in future only by saving it, I am glad that I am a part of bitcoin world. |
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i never withdraw any thing i keep them to trade more and more
This is an example of a person that is not fit to earn a living with bitcoin. He cares for the bitcoin price. So if you are planning to earn a living bitcoin, you must disregard the bitcoin since you will do some regular withdrawing of your coins to use in your daily spendings. There isn't really a way to earn a living with Bitcoin in any way, unless you are basically getting paid like how you would from a normal job in large amounts of Bitcoin. Trading and getting the additional money from that activity is probably one of the best things he can do, as it allows for a small return on whatever he has invested, which is always better than having your money it there and do nothing. One of my friend was a teacher in a small scale school and his monthly income is only $100 ( which is about 0.1507 at preev today) so if he start only a signature campaign on a good campaign then he will be able to post only 10 posts per day and with that he will be able to earn that much within 1 hour, ( i wrote one hour as he is a teacher so he has much knowledge and can get and respond faster) You can earn descent amount from signature campaign regularly but you cannot depend only on it for living as payouts from campaigns are limited and its not huge for sure. |
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in my humble opinion btc will never replace fiat its just a coin that can be not copied or faked but speed of trades cant occur good and with general aceptancy if this coin never reaches atm good or a site like paypal to btc and bank in all in one and besides most of fiat rules the world and governements do acept it soo its fiat first then pay pal then others then btc into 4th or 5th forever i supouse
Oh looks like a wrong thread or maybe I just misread the real thoughts of your statement. i think the most important issue that people are facing and which make people from stopping bitcoin is that they do not have opportunities to use bitcoin in their local area.
I totally agree with that. Lets say if using bitcoin is not considered illegal in a country and in that country a place or a market is just accepting bitcoin as a payment so the local people would surely have to take interest or use bitcoin for shopping in that market and in that way many people will start using bitcoin. If that is the case then they just have to found some global exchanger so that they can freely convert their bitcoin in their fiat currency. It's present in most of the countries that bitcoin is banned and even here in this forum there are people here that bitcoin is banned in their country. I think in almost all countries you can convert your bitcoins to your local currency and if you can do that easily then I don't think that bitcoin is banned in a country. There are places that bitcoin is banned but still there are options to convert it in their fiat with the use of global exchanger. Bitcoin that will converted will now be fiat once it was send to a preferred method of that user who lives in a country that bitcoin is banned. If bitcoin gets banned then I think people will start using it more and which will take price even higher, people are addicted to those things which is illegal in their country, same as gambling. |
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