Customers use Bitcoin because it is simple and easy to use, with very low fees compared to fiat transactions. So it is a lot better than using fiat nowadays...
Yeah they should really use bitcoin as it is a very convenient and easy to use. But even though there are still a lot of stores and people doesn't know bitcoin. If we are just going to help the community of bitcoin and keep on using it for sure those people are going to see the convenience that we are getting with bitcoin. That is the only problem of bitccoin not all of the stores accepts bitcoin as payment and not recognize it. Bitcoin is fast, easy and effective when it comes to transaction so that is the good thing and one of the customers like. That is why we need to say the customers must use bitcoin so that the stores are going to have another way of accepting real money which is bitcoin. If that happens then the stores are going to boost their sales because of bitcoins and people are going to like it more because we can pay at a very convenient way. People who are using bitcoin are well aware about its benefits but its hard to convince people who don't know about it, and bitcoin being used by and accepted everywhere will take a long time. That is reality and I hope more of us here accepts that. Not just lying that it is too popular or should be the main currency. Too much fed by lies makes them too attached in it. Customers would want something that they can really rely on. We dont have that power yet or bitcoin dont have that yet. But like you said in time it will be possible. |
|
|
|
|
Its really popular for individuals but not that popular outside. You womt even see it in malls, news and some billboards. It is just people that I have encountered know it but just also seen it thru internet. I think that should be changed. But the problem is no one could do it because we are all looking for profit here.
|
|
|
|
It depends on how much you are going to loan ass well and if you are able to pay it back . You should only take a loan if you have to buy something that you really need and if you are able to pay it back.
yeah make sure that you do not have other options to get the money. if I do not have any other options maybe you can try to think about the loan? yeah because interest could have been giving you a hard Never borrow money if you just gonna be using it for leisure, you will be paying the interest expense and you will ruin your budgeting because you force to spend on things you cannot afford yet, you need to save to spend on your wants. True. In my case, I would just borrow money if I really needed to pay a large capital to where I know I could get it back with some profits and the interest should also be payed. That way trust will be built to both loaner and borrower. |
|
|
|
You can save bitcoins as long as possible because it can not be touched physically so we wont loose it, but money are made from paper and it can be broken,someone can burn it or use another ways to break it.
The hacking thing is our only problem here. It can be easily prevented with some precautions. Also avoiding some sign up websutes that says gives some good pay. It is the startegy of some hackers so beware of that. |
|
|
|
The future of bitcoin is getting very good again because it started to increase again after a long time of semi stable price.The more and more people that start to use bitcoin the more the price increase in the near future.
Yes that is why somehow we could with this increase in price by advertising it to some friends or relatives. That way we could grow bigger in numbers and many will buy trying to invest their money in bitcoin. |
|
|
|
If they hate it, they do not even know what it is. They are missinformed and think it's just used for drug traffic and other sort of crime.People need to start learning about bitcoin and their view about it will certainly change.
Well that is really what others thinking about bitcoin at first they just only know that bitcoin is being used in the deepweb but in reality there are a lot of things that bitcoins can be spend to. I think that is not a good thinking if they are going to think about bitcoin related to crimes or illegal activities because fiat money does involves too. True. Why do people always put it on bitcoin. Dollar is the first currency picked by illegal transactions. Why? Because that USD can be used or be accepted all over the world. They just to make it bad for this free currency. |
|
|
|
I buy in hopes of a rally coming so the coins that I buy today are worth more in the impending future.
Just bought some the other day over the market price and noticed a down turn today.
Let's hope it is just a minor stabilization period and it rally back to what it was just days ago.
We know that is not new to bitcoin. Being in an unpredictable stage is what makes it intruiging. We are all hoping for the higher price but sometimes others do sell to make money also. So I think that is the reason for a turn down. |
|
|
|
Bitcoin is supposed to be anonymous so we won't ever know how people using it because everyone can use more than 1 wallet so it can't be determined by the amount of the wallet existed. The only way we have to asking people one by one, which seems more like impossible.
That is a lot of work my friend. No one even bothered to count how many we are. We bloated and got populated so it will be a hard task to count now. I would rather enjoy it now than be stressed with how many people are using it.  |
|
|
|
i think its not a right time to quit trade you can hold or save your bitcoin for few months wait for bitcoin high price and i am sure that bitcoin will be more increase its price in coming few months and surely your bitcoin will be more grow up.
We can rest for some time. Maybe that way you will miss trading and somehow when you want to go back you might have the excitement of trading again. We do it as work and that is what makes it stressful. |
|
|
|
Trading is like a wife you cant predict what she wants per day. Many are trying to predict it making some charts or graphs per movement of an alt coin. But you cant rely on that. Try to do it with your own instincts and you will find it more enjoyable specially when you got it right. |
|
|
|
Bitcoin my opinion is the currency which is used only because everyone expects that the price of bitcoin will soar on higher orders and will earn a lot of money. But this is boring and not sure what secret happiness happens to many.
Many people see it more as an investment option rather than a currency, that's right. But a lot people also use it as a currency tool to send and receive transactions, buy things, etc. Important to know is that there aren't many places where you can spend your coins for your daily needs. If that at some point will change, then people are much more willing to spend their coins. The truth is more to an investment really. Just a little percentage of users that buys thru online shops. We could see that with every transaction of that shop. I would rather do that too. For now, it is growing like crazy. That is why they are keeping it too. |
|
|
|
Yes, i would. So i don't need to exchange my money into bitcoins again, because i always using my bitcoins everydad for trading and trading is like my second job with bitcoins.
A second job. Yes it is like that for me too. Always checking the price even in holidays or Sundays. It is like there is no rest when it comes to monitoring altcoins. You dont know what might happen. |
|
|
|
Well i dont know where those lists came from, but all those ways are risked, being hyip and cloud the worsts , and well gambling can make you addicted and make you spend more bitcoins into it, so i personally would avoid such methods. It is possible, but difficult to double this in months, many times it requires years.
Actually if you have bought 1 bitcoin like 6 months ago then it is doubled now. I heard a lot of stories about that but still they are not withdrawing their coins. Still thinking that it will rise more and maybe triple their money. |
|
|
|
In my opinion bitcoin will have a good future in price and more adopted I wish that all countries can allow bitcoin legally so more people will know and use bitcoin
We have the same insight. I also think that bitcoin will be adopted by masses in the near future. Thanks to these bitcoin enthusiast who never stops promoting bitcoin and even spending money just to give people education about bitcoin and cryptocurrency. As long as this enthusiasm lives more and more people will get in cryptocurrency circle and further develop and strengthen the cryptocurrency economy. Hard to get one those people so we better support them also or help in making it more popular by good means. We already have bad reputations in investment industry so changing that could also pull some big investors. |
|
|
|
Yes,holding of bitcoin is safe but I don't agree when yu said holding of bitcoin is not profitable cos holding is profitable. Are you saying some people that bought bitcoin when the incident of bitfinex happen don't make any profit now that the price of bitcoin is $625?
Correct. As for me, I see the event of an exchange being hacked (and Bitcoin's price decrease) an opportunity to buy more cheap Bitcoin. Usually, when this happens the price of Bitcoin recovers after a few days and then you can make a very nice profit. Also, holding your Bitcoins right now will turn out to become very profitable in the end once the price starts climbing towards the $1000 mark. It is best to keep your coins safe in a paper wallet or a hardware wallet such as Trezor for use as a virtual vault. It is profitable but it is a long term investment and not like a daily income. Trading can be a good source of daily income if you are good at it but it is not a steady income too because you can do bad trades and there will be no income. Yeah if you make perfect moves in trading then you can make some profits on daily basis but its also a risky as you cannot expect to make profits every time. It is like every move you made when it comes to bitcoin is risky. Hyip have a risk then gambling also. Trading is the one who is minimal of all. Better go to the lower risk than lose everything. |
|
|
|
Share with us what's your main reason for buying bitcoins?
I will continue to buy bitcoin, for my savings, for the future of my soon to be family. I will use it for everything such as shopping, sending money to friend, and for growing it through trading in the exchange site. Most of us have the same goal or aim when it comes to our future thats why we save bitcoin as much as we can, as we can see that bitcoin price as of now is starting to rise up again which is a good indicator that bitcoin had the potential to rise even more and because of that our save bitcoin would really benefits us in the long run. We all did pick the right choice of choosing bitcoin to trust our money. That is what we all want to be invested in something that we know will gain profit in the future. As of now it is taking a huge rise again and it makes us feel that we should continue in trusting it. |
|
|
|
still the amount that you hold is not much less . according to your requirements i will suggest you to start trading with bitcoin .
through trading you can get a better anount of profit you can double your btc in two months without risk . which is quick instead of investing at ponzi sites .
you believe that trading without risk? Trading has a big risk for the loss, but it is the quickest way to get rich It is true that there is risk also but not that big as gambling. Example if the price of thr altcoin you are investing went down. You can still pull out the remaining number of altcoin. So you can a prevent a total loss. |
|
|
|
|
A good idea indeed. But you will need a great team that can monitor everything that is happening 24/7. That will be a real hard work.
Bitcointalk forum is almost like a news anyway so you want to take it to the higher level.
Let us just hope this will succeed, we need all the support that could make bitcoin community more established.
I will be waiting for this. Good luck.
|
|
|
|
I believe that we need them both. For the present moment bank accounts can be widely used for many more things than bitcoin wallet. But I can see that the BTC walltes are gaining more ground every day.
Bitcoin wallet and banks are different in some way to manage and their rules of it. I agree for now and so on we need them both, for example in my country no shops or stores that accept bitcoin as payment except some online stores but limited service/goods to offer so we need to convert it, after we exchange bitcoin to fiat money we still need banks account to transfer it For now and many more years. It will the best offer the government could make. Banks plus bitcoin, but I think there will be a little fee also when it comes to exchanging it to fiat. I dont think they would just want the bitcoin exchanged to them to be invested only. They would somehow want more and it will be taken from the transaction fee. |
|
|
|
Do not invest your bitcoins anywhere as bitcoin itself is an investment and any person who will have some amount of bitcoins in their wallet stored they will be rich in the coming future when the price will increase too much high.
Yes, that is right. Given the good week we could be feeling the rise in its price from last month's fall. It is going back to where it is. The $700 mark is still what I am waiting for and I might sell some of my coins for expenses. |
|
|
|
|
Show Posts
