Every monopoly is somekinda scam, you can still safely use paypal but,
never ever go all into it. you cannot know what is going to happen in future.
Ya i also agree with you.Just use it if only necessarry.Don save too much money on paypal.Withdraw it to our bank account when we don wan use that fund.Many seller has complain about paypal because of reversed fund. even though the money you've gotten from selling a services had been withdrawn to your bank account,the paypal still can request you to get the money back to the one who just request a chargeback,if you're verifying your credit card with paypal,you'll be automatically charged and if you weren't then your paypal account seems going to be disabled |
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Don't think of the income yet, as a newbie you have to explore all the possibilities in trading and what matters to you is the experience and not the income yet since the amount you are using is a small amount of money. You will get frustrated once you aim big with a small amount of investment.
definitely,aiming a good profit from such a small amount of money is just too much,0.0005 bitcoin is just too small if you're really consider it as an income and it's only worthy to pay up the fees nor to fulfill your daily needs,i'd suggest to be realistic,gain more money,and start to be a normal trader |
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it seems you're just choosing the wrong exchanger, the purpose of people using bitcoin is because they want privacy even if bitcoin is not fully anonymous you still have a chance to keep your privacy,only government have the right to ask you such important thing,if the exchangers are trying to violate your privacy then just get away,they're not worth for exchanging for now and in the future
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
It is very possible. Perhaps another crypto currency will step up. Maybe it will make better use of blockchain technology I am not sure if that is possible though but perhaps they can solve issues or have a better system. Though bitcoin is here to stay for sure. actually if you trying to look in altcoin announcements section you will see many of altcoins offering such a good and useful features and even having better planning than bitcoin, but that's all useless because most of them can't attract attention of people to use their coins because bitcoin is just enough,better system will not bring success as long it don't have its chance to be success |
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One of the factors is a cyptocurrencies dangerous monopoly. I can't imagine if a person or institution capable of controlling and control a country in just a few hours
your statement above quite confusing but i will point out the wrong thing you've said.cryptocurrencies which were made to be decentralised can't be controlled by some institution or government unless they own tons of coin and that's why it's called decentralized, if it can be controlled by some institutions or organziations then it will not being called decentralized |
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Cool that this is running again!
Please be on top of preventing another disaster like last year. That was some serious bad stuff going on with a lot of people losing money.
Other than than, great initiative, hope a lot of people will participate.
I was not part of this forum last year, so please tell me what happened last year that people had to lose money  Some scammer made a competing site. People who used the competing site in the middle of the day noticed a bunch of new sites got listed. The newly listed sites were phishing sites and stole people's money. Everyone who used bitcoinblackfriday.com was safe (well as safe as you can be shopping online). yeah reminds me that day,the owner of bitcoinblackfriday. info honestly is pretty smart to scam people(no offense),first he's making a signature campaign to attract people to try out the website when the site just released,and after the site released,inside it have few button that redirecting to some popular website that selling goods but actually the hyperlink redirect to phishing site |
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A simple solution would be searching for those people in scam accusations. No one can be trusted anywhere online, even old and trusted people turn to scam sometimes..  The best way to have exchange is by having an escrow. But have a good one to have a fair transaction.  well the scam accusations section can't cover all of scammers over this forum and even it can the scammers will simply make a new account and start to scamming again but i don't say the scam accusations section is not good,this section is definitely good to fight against scammer and to unveil what the scammed had done,the only best option is to escrow but be sure to deal with trusted escrow and had been proven having good service for long time |
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Trump gets a big thumbs up regarding monetary politics because he is a businessman and knows how things are working. He has some real life experience!
i think that managing country is quite a lot different with managing a business even if he's an experienced businessman for about thirty years there will always a problem popping out and it's new for him he could adapt with the situation by the time and gaining experience ofcourse and whether he will success or not just matter about the time |
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the promise has not been realized yet and a promise in campaign could changing suddenly and it's up to donald trump by the way,but i'm sure many investors will try to prevent from having loss because of this issue so it's seems that they will moving their wealth to any form or way which can make their wealth save and stay on its value,i guess bitcoin is such a good option but it's uncertain
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you can look some altcoins with ICO , they always have bounty and you can get some rewards from it  he's actually seeking for a job which pay with bitcoin nor paying with altcoins or something like that,even though the reward from bounty can be exchanged immediately to bitcoin after receiving the given rewards,it's still not the right answer for his main question |
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Will bitcoin be around forever? Assuming 3 people in the world are running a node, yes. Is it always going to be worth something or as much as it is now if not more? Who knows. It's the first cryptocurrency so I'd have to assume something better would come out in the next hundred years (give or take;)) making bitcoins obsolete. Or it coin will just continuously evolve.
definitely right,if bitcoin could just evolving by the time and always growing to be better coin it will for sure last for next hundreds year but a new developed technology always coming out and threatening bitcoin's place as the main cryptocurrency right now and if one coin just gaining the trust from bitcoin users and could even make bitcoin users moving out from where they stay,bitcoin will potentially lost its daily traded volume |
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I never contrasted these two currencies. They're both good. Each on its own way. Each of these currencies has its drawbacks and benefits. Anyone who knows how to use both of them are very good financier
They are certainly both good especially for us who uses bitcoin, because we need to convert bitcoin with USD and that is what the bitcoin is depending its value. And if we will just combine them both they will going to be a very powerful type of currency that has being used worldwide. I hope to see that bitcoin was being used by billions of people living in this world. combining both is impossible because both are currencies which getting used in different world,and you don't really need to always convert your bitcoin to USD,just convert it directly to your local fiat on your local exchangers and everything should be fine |
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well if some sellers do request you to do that strange thing i call it as usual thing they need to do to make sure they're not going to be scammed by the buyers,nowaday there's so many credit card data stolen and some carders trying to take advantage of some bitcoin seller to get bitcoin by using their stolen credit card data,it's a challange indeed but if you do have the card then why don't just do that only if you don't mind
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I dont think these machines have a future anymore. Now we have lots and lots of different debit BTC cards which you can use at ANY ATM, I really do not see the point of having one of these BTC ATMs or using them.
Those Bitcoin debit cards do incur quite some fees as compared to these Bitcoin ATMs. The Bitcoin debit cards can be a hassle to use with all the identity verification and the cost of the card itself. A Bitcoin debit card can cost anywhere from $5 to $30, excluding the shipping. Bitcoin ATMs like Lamassu, Robocoins etc, allows the user to use the machine with a fast and simple verification and often at a fee of 2-5%. That being said, Bitcoin ATM is slightly more convenient if you do not have a Bitcoin ATM near you. why people who are planning to use debit cards can't afford $5 to $30?,if they are planning to use the debit card then the price you mentioned above will not going to be a problem and some debit card issuer don't need you to upload an ID to verifiy your account except you're requesting to increase your debit card limit and if bitcoin ATM having that good features the only struggle is, it don't have wide coverage and rarely found |
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With the falling the value of dollar, btc still increases but I think it is an another bubble after all, this is just an extreme movement of excited people of bitcoin. Waters will be settled down when this has become normal.
it's indeed the dollar is now about to fall because of trump's effect and it could make bitcoin's price even higher because some people may saving their wealth in form of bitcoin to avoid the falling value of dollar however if trump could make a suprising move which give good affect then they will restore the dollar's value |
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you get the wrong point from the news above,in the news they don't mention anything about bitcoin and its relationship with dubai,in other side dubai only implement blockchain system to 'gamify' tourism,and implementing blockchain doesn't mean it's implementing bitcoin,bitcoin use blockchain system but blockchain system getting used by various cryptocoins
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Having own Bitcoin wallets is itself a personal bank which can be used to store, receive or send BTC to any bitcoin user globally, as well as bitcoin is P2p currency based on decentralized platform. So No one control it. If Bank consider to use blockchain technology for better administration then its always welcome but Bitcoin bank with centralized services can make lots of misleads to entire bitcoin network, also can harm to user by privacy control and security issues.
But what if these banks bring Bitcoin to another level. I mean, what if they can increase the usage of bitcoin to the same degree as fiat money? Will you want a Bitcoin bank? well sacrificing bitcoin's advantages for making its usability increased and got the same degree as fiat money,seems so benefitable but it will lost all its advantages didn't it,such as those features had been mentioned by digitalbitcoin,having bank to backup bitcoin is good but there must be negative side about it |
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Interesting topic.
Well at the beginning bitcoin designed decentralized which it's not covered by government and law. This is impossible to reporting to cybercrime police if your coin stolen, instead it can be a boomerang if your country doesn't allow bitcoin activity.
But the question is how there's country who make it legal for bitcoin so, we can report it to the police if we got stolen our bitcoin?
well if you're living in a region which already regulate bitcoin,i guess there must be such a rule thatprotect bitcoin users against criminality,and especially if government already taxed those bitcoin users,then protection for a bitcoin users is a must and it could be considered as using usual currency so normal law will be used |
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I agree. Because first maybe another exchanger have a better offer (talking about the price of btc), second the exchanger hacked you will lose all your bitcoin and that's wouldn't be good.
if the exchanger were hacked there's still a chance for you to recover the loss or the exchangers will be responsible of your loss because it's their fault even they can't fully recover your loss but you will still get your funds,but if the exchanger just turning out scamming people,they will ran away with your money and there's nothing you can do |
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I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.
I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it. not really,bitcoin enthusiasts really wanted bitcoin to be the future digital currency which will be getting used around the world and become a common thing among people,no matter its region and races all will be allowed to use bitcoin as it should,it will be more better than only being accepted and regulated |
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