Not everyone trades In in Bitcoins. Secondly it's prices keep on fluctuatining. Thirdly the waiting time on transactions, also turns down people. Plus the concept of Bitcoin as a payment is difficult to understand for everyone.
The concept is actually very easy to understand. There is fluctuation but I dont see this as a bad thing.the waiting time does such but some banks can take over a day if the bank is not the same as the one ita being sent to so bitcoin is pretty fast. The fluctuation is not a problem for most of the traders. they even see it as advantages to getting profit out of it but it might be a serious problem for an online store to accept bitcoin because it could reduce the amount of money they're going to receive if there's happen a sudden price falling at the same time when their clients are sending the bitcoin and still in process of confirmation but fortunately, bitcoin payment API such as bitpay or coinbase could resolve this |
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We know that bitcoin price affected by supply and demand which mean global trading volume. India bitcoin market just started to rise and many people learn about it, like you said India is country with large populations and it just time matter until bitcoin become so famous there due to recent financial problem. I think we should reach $800 by the end of the year.
Yes it seems India is going to lead bitcoin prices due to their recent policy changes. The government is about to regulate their citizen's gold savings. But I'm not sure how much it will be possible in a republic country still people may look for alternative investment like bitcoin. If this trend continues we may start new year even with $1000. That regulation is actually quite absurd that they're limiting the amount of gold their citizens were owning while they're buying it with their own hard earned money. And yeah it seems there will be some mass selling of gold that makes their citizens will be forced to invest onto different form of investment other than gold Bitcoin might be option among many for sure |
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you see now that bitcoin has a greater value it's more easy for everyone to spend 0.03/0.05 more than one times, instead of spending a greater amount, like 0.2/0.3 few times, when btc has a low value such a $250
so i think the greater is the value of bitcoin, the more people will spend it
what you think?
You mean to say at $760 value, I may prefer to spend 0.1 btc only one time and if bitcoin values $7600 then I will prefer to spend 0.01 btc more number of times due to I am spending less quality in bitcoin units yet same USD value ? I do not think so. People will spend based on value of bitcoin not just based on how much bitcoins they are having. That's right and in fact that most of the merchant whose stores are accepting bitcoin often use dollar to determine how much bitcoin will be sent to them There might be some people who actually accept bitcoin directly in their shop and put the price in bitcoin form but they're actually had been calculating what they will got if they received certain amount of bitcoin and calculate the value to dollar |
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No bann in the world could stop bitcoiners to use Bitcoin, this has gone too far. In fact the bann could make it even more attractuve to some people.
But I don't beleive it will be banned, except in some radical countries where already is. Today many governments and I would say some banks see that is in their best interest to start to accept it.
If the banned were also make people who use bitcoin turning out against law and could potentially be jailed then it'll threaten those bitcoin users who live in that region. i guess those will not going to risk their life for the sake of bitcoin and maybe it could decrease the number of bitcoin users. The government could be banned bitcoin anytime as they want but not near I guess |
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I dont think Bitcoin will be the future, but the technology behind it might very well be.  Who knows?. I think in the future, everything will be digitalized such as ordinary paper or even paper money in order to prevent from any logging. so, the world will be saved and bitcoin have had that form since a few years ago , and it's like you're using the currency of future even though it still needs many improvements to make people even pleased but I guess the future will be like this |
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I rather keep the bitcoins because it is the most profitable and more safest than investing into cloud mining bitcoin is increasing then you should keep your bitcoin dont try to invest if the company is not legit.
The problem with each and everyone in the digital sphere is that how would you identify whether the company you are trying to invest is legit or not. we have already seen many scams running away with everyones bitcoin and millions of dollars being cheated in that way.Look for transparency in a team the less they got to hide something from the investors the more trustful they will be . Well, that's obviously the main problem here but hey, you can just simply ask it in here before investing and you will get advise from various users or even some people will do some further investigation to they site you're going to mention on the thread and then all will be revealed. That's why this forum existed, to help any bitcoin users |
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In my country, even young adults and teenagers have never heard of bitcoins so there is no one to explain to grandma anyway.
Please ignore the present and past stand of bitcoin in your country. You must start thinking about what changes you could bring. It is a very big responsibility for every bitcoiner to spread bitcoins to their near and dear. If we start introducing bitcoin to our friends and family members, it will slowly spread out to each and every people regardless of their age. Well, that would be real action but i guess most of them will don't even care what you're talking about unless you're inserting such an attractive things that could make impressed such as gaining profit out of it or even free money. if you don't, sorry to say but they will only use what they have and that's such ironic nowaday to not exploring everything furthermore |
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Account generators are they allowed on BCT, why would someone need it and for what purpose is it used for?
It's actually not allowed here and if someone had been found out selling these stuff and then they will end up having negative trusts or their selling thread will be deleted and the main function of the account generators are to generate many cracked accounts for daily use purpose that it's actually as the same as selling a hacked/cracked account |
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Well, I was introduced here by my friends that are earning some bitcoins and converting it to real money. Im jealous because i want to easr some too.
Lol, so jealousy brought you into Bitcoin either way we all get here one way or the other. The reason why we use Bitcoin to me is because humans will always want to do our things without any hassle or difficulty of government and in the cheapest way so we devise a means to make that happen and in this case Bitcoin surfaced so if it not Bitcoin, something else would be used. A lot of people if not most seem to be attracted to Bitcoin primarily because it allows them to earn quick profits through fast appreciation of coins. They don't particularly care if it allows to do things without hassle or government interference as long as it remains profitable. If Bitcoin price stabilized at one level for good, they would most likely leave it in search of other opportunities to earn a quick buck. Those who seeking advantages are mostly traders. Actually there's also many people out there who use bitcoin just to pay stuff, i can't argue that the investors on bitcoin are also the big factor that make the demands are increasing overwhelmingly especially after the latest price rising that make bitcoin worth above $700.but, i'm sure that the opportunities to seek for profit through bitcoin is not the main thing that people were seeking |
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Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
list of the countries who banned bitcoin https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/nobody know that the future of bitcoin even most bitcoin users has predict that bitcoin will growth and have bright future doesn't mean this is will guarantee the future of bitcoin but may be for next 5 years the countries who banned bitcoin will start to accept bitcoin as the currency most of the countries are not accepted in bitcoin.because they don't have knowledge about bitcoin.in future bitcoin is used for all countries.all the currencies are digitized. It is used any countries. They have knowledge about bitcoin but don't consider it as a worthy thing to be discussed until it's really threatening the local fiat and they will regulate it. And if all currencies are going to be digitised then I'm sure they will make their digital form of local fiat, even though those currencies are already have digital form due to existence of credit card and debit card |
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The same was the case just before the block halving. People were heavily speculating about the price to break through $1000 while we didn't even reach the $800 level. Right now we're in exactly the same situation. Beside that, the price doesn't move on good news anymore. That however can't be said about bad news. Even the slightest form of "bad" news can make people panic sell like there is no tomorrow.
Yeah I've totally given up trying to speculate the price of Bitcoin anymore. It seems so random these days LOL.  I do think we can reach the $1000 mark eventually, we just need some new service to create more users. Hopefully the Mega sharing platform or something like that happens soon and exposes new people to Bitcoin. That's why it's called speculation. just a few opinions spread by people with some little reasons and can't guarantee the truth behind it and the fact that will be coming. service aren't giving big impact to bitcoin, though. the demands of the market are coming not because some services were existed but most people more likely to get interested in owning bitcoin |
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Buy whenever you want. It all depends if you have the disposable cash in order to buy any. I don't buy based on the price anymore or I will be chasing the price like a dog trying to chase it's own tail.  Depends on the purpose. if you're going to use it for paying stuff or anything else then it's not going to be a problem for you but different if it was for investing purpose. buying at the current highest price will be more likely suicide attempt to doom your wallet and your personal economy |
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Losing is fine as long you're not always losing. considering losing as part of trading can be good to motivate you but try to not get lost. sometimes the depression of losing will pump your emotion and effort so you're going to do the best to get what you lose back.
Just keep in mind that you have remaining money after losing or all will be finished
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Paypal is not a scam,but the fact is only few are using it right now others switched to bitcoin for fast and easy transaction. They dont like paypal because of its buyer protection once its limited ,you must submit papers to identify that youre the real owner of that paypal account.
i think in out there, many people still using paypal for payment processor and yes there are people that using bitcoin and paypal both for their transaction. i am feel comfort when i am using paypal depend for using the credit card. Paypal's transaction is faster than bitcoin in my opinion but a bit more complicated. and yeah it's really recommended for you to use Paypal when you're going to pay something through your credit card to prevent from data stealing. I guess you don't want your credit card getting misused by some criminals and you need to prevent it. other than that switching to bitcoin would be more benefitable |
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Don't trust any cloud mining sites nowadays except the one who was created by mining rigs vendor, though i don't recommend you nor encourage you to invest in this kind of thing. but I'd found the fact about the address which displayed on the site HIGHLAND CAPITAL PARTNERS LIMITED
BLUE SQUARE HOUSE
272 BATH STREET
GLASGOW
G2 4JR
Company No. SC361717
Status: Active
Date of Incorporation: 25/06/2009
70229 - Management consultancy activities other than financial management But as stated on their website Minex is not a hash power provider, but a website which gather various mining contracts from various cloud mining websites and adjust it Minex is a worldwide Bitcoin cloud mining contracts aggregator. Contracts from different companies and with different terms are collected into a single package and balanced according to our algorithms and unique strategy. This domain name holder also ever made an auction in this forum : https://bitcointalk.org/index.php?topic=791230.0;prev_next=prev |
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CHOYNA!
to all your questions.
but thankfully bitcoins is getting more accepted each day. Not only because of bitcoin adoption, but third party services too(payment gateways).
today i can buy anything using my bitcoin debit card even if the vendor doesnt know what bitcoin is.
Actually, if bitcoin is adopted by some companies as their alternate payment method, the one who is going to get the benefits is the companies themselves. but unfortunately they just don't have the balls to take this step, I honestly don't know why but it's such a problem on bitcoin adoption they're not going to lose anything by the way |
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Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?
Thank you.
There is still no tax in bitcoin as far as I know. There is transaction fees but minimal only depending on the values need to trade or to invest. It circulates only on the investing, trading and gambling sites. But soon it will be like a real money when there is a lot of shops that accepts btc. But now there is an easy process of cashing out so it still seems a real money. When you're buying stuff from some online store you will be required to pay taxes on your bills and it's adjusted with the bills so sometimes you didn't realise that you're actually already paying some taxes even though you're using bitcoin. Whether you're recognising it or not it's depend on you but that's what actually happening. Just indirect tax |
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bitcoin biggest drawback today is the rapid price movement that is always up and down. Therefore, many people are still scared of investing in bitcoin.
The movement of bitcoin price is not a reason that people make it as a downside to this currency. Its really an act of advantage in bitcoin to this small traders of buying and selling. The most annoying here is the long confirmation that takes 5-8 before it got confirmed once. Well, 5-8 minutes is quite fast if it was from my perspective however the average time of confirmation to arrive is about 15 minutes which is will really annoy when you're going to make a transaction with some people offline, you need to wait to make your transaction done. Otherwise, in online transactions it's not going to be a problem |
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One reason why btc attracts me is Im just earning it from my phone. Though its a bit hard. You can earn from nothing to huge without going outside. And I can gamble without knowing my true identity.
How do you earn using your phone? Through signature campaigns or faucets? The money you earn through faucets probably won't be enough to pay for the data charges on your phone.  Well someone could get some decent amount of money from faucets, though. Just referring the bunch of people who are actively claiming every day and you will get some commission out of it, though it will require so much effort to be realised the result is worth it. And that's why some people still keeping up with the faucet |
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Your mistake is not setting up a recovery email at the beginning and not changing the phone number. so there's no chance to recover it back (i guess) and the only way is the seller who holding the phone numbers. though there's a big chance that the one who possibly changed the password was the seller The plot twist: The one who changed your gmail password is the seller of those accounts.
I'm bit confused why you had to buy gmail account if you could make it yourself. Well mate, I think there is no solution for that.
Gmail sometimes requires a phone number for verifying in certain countries and in some countries phone number is really hard to be obtained in bulk |
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