is bitcoin more popular than US Dollar ?
No dollar is most popular than bitcoin. Us dollar can use to buy anything you want wherever you are. So very popular to all people no one can change the us dollar. Bitcoin is not much popular and can not use it because no one store can accept bitcoin or a hotel so much better use dollar than bitcoin. Yeah and some other countries are more willing to accept your dollar than their own money. For the purpose of keeping it until the US dollar price grow, then they will exchange it, in that process they profited more addition to the profit of the merchandise. |
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I am personally trying to move things forward when it comes to bitcoin. I am trying to find a method in which I can help other companies who do not know much about bitcoin, learn more about it and how beneficial it could be to their company and the way they do business. So I am trying to move it forward!!
Whoa! That is a cool project. Where are you in this movement now? Are you making progress in it? If you did I hope you can share it. I might try it also with our companies and some in the same building with us. |
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Making money thru bitcoin are scattered all over this community. Perhaps, you could read some more and see that there are really more. But some are buried deep though. You will need a shovel.  |
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I think the simple way to invest on bitcoins is using your money to buy bitcoins when the price at low price and sell all your bitcoins when the price at high price and enjoy profit.
I would pick that option also if I got a lot of capital but for now it will little by little. I know that bitcoin got a good future but the money needed to afford 1btc is really high. So take step by step and just earn something for better price someday. Bitcoin can be earned in many ways, so I don't think that we should invest our money in buying it, instead make efforts in earning as much as possible. Why not? It will give an impact to bitcoin. Imagine all of us are buying it simultaneously it will be a great increase for its value. Okay earning is a good way but not a faster one. It is a good addition for your investment. Those who pays for an online job paid thru bitcoin are buying it for us to earn and I think they got a much profit than us although they didnt really do it for that reason. |
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I hold most of my bitcoin. I think it's better to save bitcoin for future because I believe bitcoin price will rise up. But, I also spend some of it to buy mobile load, internet quota, and steam games.
well if you are going to hold your bitcoin that long then when do you have plan to invest it because you are wasting time to grow your bitcoin there's a lot of ways so that you can grow bitcoin even if it slow earning well if you are going to wait until the bitcoin price will rise up then thats going to take long . Yeah holding bitcoins is safe but it will not give you higher profits in future but if you try to grow them then you can make good profits in future. You are right that holding of bitcoin is very safe , i think there is maximum people store their money in bitcoin because bitcoin is very useful currency and its very safest than other currency . Bitcoin is not safe at all, as we don't know how long it will be alive and what will be its price in future, it can also go below or even get replaced by any other crypto currency. Replaced? By what? ETH? ETC? LISK? Those coins are not even near the value of bitcoin. If bitcoin fall then there will be a rope that is tied to those alts with it, making them fall also in the process. |
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There is the possibility for you to start out your own lending company here, and you can build trust in the forum. But you must, of course, to use escrow before going to get trust out of the people. But that's just my opinion about it.
earning of interest is a very good method. and I think this method is the easiest job, but the problem is with the borrower. you do not know he's a good guy or bad ? The idea is too easy if we can consistently earn and interest of the amount we lend, the thing is we do not need to pay for the workers and office space if we operate online lending so we can save on the expenses but the problem is when your borrower failed to pay and will just run away. Online loaning is too risky. I cant even do it. I am too scared to lose a lot. I have been risking my money in investing in bitcoin and yet you want to risk it more? I would just prefer making it larger in other ways. |
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yes i wish to buy everything with bitcoin.
I think it will happen in a few years, noting that the adoption of bitcoin has reached around the world and bitcoin has been mainstream for many people then I'm sure you can buy anything with bitcoin I hope so too. We cant be sure but that is the idea. With so many that will invest in it then maybe there will come a time that it will also be fully accepted. |
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How about this. Open all the top bitcoin website exchanges then look for the cheaper one. If it is just buying but you dont want to keep your bitcoin there, it wont be a problem. Just be sure to transfer it fast if you think about the risk.
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There are people who wants to invest in bitcoin but dont want having a computer in their home. Some people are just like that and we cant argue. So their only option would be a online wallet site or keep it in a close friend's core wallet. Well coinbase have been here for quite some time also if it us just for keeping.
Edit: oh and I agree above. Blockchain
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Bitcoin may be replaced by a different crypto but not in this era. This era is bitcoin's era.
There may come a time that bitcoin's glory will come to an end, but rest assured that bitcoin will take a loooong time before that happens. We'll be long gone by then, most likely.
If bitcoin's glory come to an end, so goes on to the other cryptos. Im very sure of that even people will disagree to my post. First of all, it's useless to fight over with it since we are not yet on the situation. Like I said, altcoins are just made to make profit. This is a very valid point as you can see when the price of it falls so does the others like in a domino effect. If it does one day go under so will the Rest of the Cryptos. That sounds like a title of a really scary horror movie actually.  Im quiet agree here too. If ever bitcoin will come to an end, people will be much more less faith in trusting any other cryptos since even bitcoin reached really a great achievement still it's suffer a failure at the end. Idea of transferring into other crypto I think will not be the priority as the output is already seen. This is one that I have read from news.bitcoin, a good proof that if this currency went down it will be pulling others. In terms of trust or other things. People have been rooting for bitcoin and using other coins for means of getting more profit. So I also agree. "Strictly speaking, there are no other fully functioning blockchains apart from Bitcoin; therefore, the Blockchain is Bitcoin. The only alternative to Bitcoin worth mentioning is Ethereum, and it is many orders of magnitude less secure yet, so it is mentioned here only anecdotally. ‘Smart contracts’ – the idea Ethereum boasts adding to the blockchain world – are not “legally binding contracts” in any part of the world, and will probably not be before long."
-Mass Network |
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I would chose bitcoin wallet as long as it's a desktop wallet where I can control my coins.
When you think about it it's the best thing to do just turn your fiat in to bitcoins and be your own bank on your own computer or any other device you use.
Still, I feel banks are better secured, and it is just my opinion. Also, I don't keep all my money in the currency which is fluctuating quite a lot on daily basis. But I consider bitcoin as an investment option and put some of my money into it and enjoying the profits and never even think of keeping all my money in bitcoins. That is true that bank is still secured we can say if there is rob our money in the bank we do not have to worry that our money will never recover! Bank has insurance that what ever bad happens come to your money in the custody of bank your money will return to you 100%. While in bitcoin i do not think it can recover it. That is one more good reason why people are still staying in this industry. They are insured they know they are protected so they have nothing to worry. While in bitcoin, due to its unpredictable stage it is not that safe and most of the people dont want too much risk. That is why I believe that people that invested in bitcoin are really courageous ones. |
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I spend my bitcoins when I have enought to buy it, buying bitcoins is actually not that great, because you can't earn that much. Better yo just hold in at wait until the price is going up.
Are you contradicting yourself? I dont really understand where your sentences are going. It is like you are fighting yourself or you just made a typo error? You spend it when you have enough to buy it? Ergh?  |
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Bitcoin will die when a previously unknown bug is discovered, which enables double spend / counterfeit. Or it will die when supercomputers make it possible to hack the private keys of online wallets. I don't think that BTC is going to last for more than 10-15 years. In technology, the lifespan is smaller. For example, first we had floppy discs. They were replaced by CDs. These CDs were replaced by DVDs and finally the Blu Ray Disc was invented which replaced the DVDs. Something similar will happen with the BTC.
Those who support bitcoin put a bounty to whom can hack the system but no one is still successful in doing it. That is why big supporters are coming everyday. They know they are safe and they say it is really a strong crypto. |
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there is no decent way to earn money with bitcoins only right now though i hope it will be possible in the future
Signature campaign is really good for earn stable money with bitcoin every week. But, you also need a work to earn that. There are many ways to earn money with bitcoin, but signcamp is the best for me. Don't make signature campaign as your primary income , but if you can maintain your posts you can get good amount from sig camp . The funds you got from signature campaign , you can used for trading an altcoin. Ergh. Is this all you can do? There are much out there. You just need to have the best manager or an owner that can be trusted. Take it even if they pay dollar. Just exchange it once you receive it. |
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For doubling bitcoin best website is coince.com they gives 180% in 60 days and I had got full payment for 2 sessions but i can guarantee when they will run away (as no mining site 100% trusted) still i suggest you invest there because you could earn some extra till the company last
Coince?, the site is not paying, it is dead, can you show a recent payment proof? I am also looking for that. There are no proofs that this site is paying. I have seen some and they are all fake just edited from photoshop. I want to see the real one. Hell, I hope he can provide if he really is into advertising it. |
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I believe in bitcoin and I will continue to have faith and belief in bitcoin that in future it would be more powerful currency and will hold a great value, and will be more popular then present.
i think all bitcoin users believe in bitcoin same as you , and there is maximum users of bitcoin sure that bitcoin will be more stronger and powerful in the future and its true bitcoin really going to more higher day by day , because people are adopting bitcoin in huge amount. People are adopting for sure but we cannot say that its in huge amount as if it would have been really huge then we would have seen its effect on the price, but nothing is happening at a moment. The adoptoin part is going steady, if you ask me more slow then steady but yes more and more people are starting got get the concept of bitcoin. By this their activity is not increasing nor the network, which means we lack real usability. Believing in bitcoin also means using it and i can't say there are many options for that. Yes. Actually this is the real thing that is happening. Okay they know bitcoin now. Lets say they bought some and then what? They just stuck it at their wallet, because of its bad introduction we may have a lot of investors but it stops there. Why? Because someone told them just invest. |
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Mostly yes, the only way you will not accept USD is if you are from China.
Well they love their country so mucb that is why. They always agree in what their government tell them and carry out what they command. Not really that flexible in their side. |
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Bitcoin is a direct competitor to the ach/eft system. Looking at the history of ach/eft and its spread to having a connected POS in every business worldwide, I'd say about 65 years. That's how long it took before. That means we only have another 59 years or so to wait. Yippee!
That is way too long. I would be dead by that moment. Is there any way it could make haste for me to see it with my blurred sight maybe in 20 or 30 years. |
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Interesting. Is there any source for this? I wonder why they suddenly changed their opinion regarding Bitcoin. Maybe they just don't want to waste time trying to regulate it?
There are a lot of sources both in Russian and English (for example here, here, and here). This sudden change of attitude seems to be connected with the legislative elections to the State Duma (the lower house of the Russian parliament) which are to be held in Russia on September 18, 2016... On the other hand, this had to be expected I am also going to ask the same thing and it is answered. Thank you for the links. This is really a great news for bitcoin users there. |
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if bitcoin became totally legal then in every country there may be some charges of saving bitcoins in wallet like another type of bank money . and if there ia no taxation then the use of bitcoin will rise sharply .
That sounds not good. I would rather want it to fluctuate up and down than be stabilized by a government while will steal through taxes if that is what they meant. Of course they wont say they are stealing like what they are doing now. |
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