Yes. Bitcoin will cann't be able to replace fiat.
Because bitcoin is 'something' that is anonymous. different from fiat.
I agree with you, since bitcoin is anonymous it will just remain virtual money, we cannot really apply the description of fiat to bitcoin, unless the developers of bitcoin will gonna change it features. Lets see how the world react to the option of only digital money because people are afraid of online hacking and other techy stuff. |
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It looks like this is quite promising when we save a bitcoin for long periods of time, a year ago the price is only around $300 and has now reached $1200, if we buy and sell a year then the price will menapai $2500 or more.
This is how bitcoin really good for saving in long term or run, many people experienced that, because they bought coins in early time and hold it for long and now they are gaining profits, maybe its risky because there were time of coin value crashed down yet they continue on believing that it will rises up again so they got what they really want a big profit. |
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Both of them is good, even sometimes investing is a little bit risky but still someone profit by investing. Trading is good ,and add investing to maximize your earning,but always remember invest only what you can afford to lose.
Yes, but just be reminded that both things are risky. All you have to do is make some study of what you chose whether its trading or investing, try to manage your money on making moves out of your pocket. Follow the simple rule that dont invest in site where you are not sure if they pay or not and Do not involve in trade if you have no knowledge on how trade works. |
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I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.
Online wallets are risky as you have a fear of loosing your bitcoins so the best choice would be to store your bitcoins in offline wallet and for that I think electrum wallet is the best as it has great safety features and won't be possible for anyone to hack your coins. Not all offline wallet is safe and even online, but for me I better choose online wallet because I can easily access it wherever I am and wherever I want to. Also i trust Online wallets as there is no hassle of private key etc. Offline wallet has the problem that if your system is crashed and you dont have your private key you will lose your coins. |
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the existence of the bitcoin makes things unpredictable, originally I assume same bitcoin with paypal or payment processor. that makes me amazed is the speed of the transaction, then it is accepted throughout the world.
To be honest, bitcoin is not yet accepted throughout the world because there is still a few countries that doesn't accept bitcoin and some of them banned bitcoin from their country because of security and trust issues about bitcoin. The transaction of bitcoin as of now, is being slow because of the unsustainable network that caused by the big volume of users. And somehow you need to pay higher fees to make your transaction faster but it is still better than paypal because it doesn't support chargeback. I agree with you, bitcoin is not yet accepted by some other countries, maybe we can see that every country there were users of bitcoin yet not yet accepted by their country and some banned it. But this has nothing to do with transaction fee or transaction speed. If you compare bitcoin with paypal, Bitcoin is far far better as compared to paypal in terms of fee and speed. |
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Big question is what you/me/we as users want to be accomplished with bitcoin in 20 year.
Big moves made Japan must say sooner then expected but with this in line expect much faster expansion in next 10 year.
Accomplished by us in 20 years with bitcoin? I guess all nations accept bitcoin as their currency and be see to access with by everyone. That is what I look forward in 20 years of living of bitcoin with us. Bitcoin will be all in all and whole world will be digital. |
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Smartphone really helps the growth bitcoin, because we can see that there is a smartphone everywhere. and with that people can easily access the bitcoin if there is internet connection. You can also have a confirmation easily and fast. and you do not have to wait to be at your desktop to have the sell/buy of items via bitcoins.
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I'm very curious on what are on the mind of Gamblers during he is gambling. I want to know if a Gambler are thinking something/someone as an inspiration to win on gambling. Because gambling with purpose was the really way to have fun. I only list some few options because that was my inspirations i used on my past experience. You are free to suggest or share yours if it was not listed to the choices.  Whenever I do check the leaderboard, I just want to imitate some successful people, but all that comes after that I faced only losses. Inspiring by some big profits and achievers is not working for good in gambling as per my experience. Because those people have performed well due to their lack and we could not imitate same level of luck while we're gambling. Gambling is purely luck but by showing the successful gamblers portfolio and their success, it gives the chance to others to gamble more and get same rate of success as they got. This encouragement can be good or bad for the new comer in the gambling industry. |
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Firstly invest only in what you understand and do not invest or gamble where you dont.
Secondly do not put all your eggs in one basket. diversify it.
Thirdly invest small amount which you are okay if it is invested for a long time or do not get much return or may turn up in a loss.
Do not invest all your eggs in one basket is a golden rule and it applies on all. If you are trading, do not buy a single coin alone, if your gambling, do not make single big bet and if you are investing then invest in different sites rather than only one. This way if you lose from one program, you still have other programs to cover up your loss. This is the technique which i am using and i am successful so far. |
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I like bitcoin cause it allows me to remit money everywhere and pay my bills right on time. its transparency allows me to monitor all the transactions i have. and also i like bitcoin most because it generates income to me.
Thats also one of the reason i like of bitcoin. I need to send money to my family every month and bitcoin has really made it easy to transfer money from country to country. Before bitcoins, i used western union but it was too expensive and unreliable service. With bitcoin i do not have to pay a single penny as a tax and the transfer is instant. |
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I don"t thing using bitcoin for our daily use is easy. Because it is not legal in many countries. We can not buy things from small shops with bitcoin. In present situation if we want to use bitcoin we have to change it to dollar or any other currency.
Even here, I did not yet use bitcoin directly to buy things I want to especially physical transactions,yet my process on using bitcoin is if I buy thing i want I will use bitcoin and send it to the other party but he will receive it in fiat form. Thats how I use it. and thats how it is being used currently in most parts of the world. I think soon things will change and we shall have the option of using bitcoin directly without converting to fiat first. |
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I see many digital currencies now are good to invest in. I want to invest in TAAS ICO and have a bit of btc invested in JANUS TOKEN who are doing real business in the non btc altoin world so that's the horse I am betting on.
I agree with you because many website or coin bump and dump some are just a scammers trying to persuade those new comers with their glittering words and value, invest coins that you can afford to lose on, risk is always there, if you chose the right one profit will be your but if not sorry you lose. That is how life goes here. |
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If crypto can not make transaction faster than credit card then eventually fail. also should consider usability of wallet. we need at least mobile wallet fast and secure without scam.
You know , now we are struggling with slower transaction confirmation due to massive transaction every now and then it just means that we are now populating  to compare to cards around you know cards is one tap to machines can easily get money or fiat. I guess we should stop comparing it since it has different features. |
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I store my bitcoins at the Web wallet because in the web wallet the sending and receiving of payment is so easy and hassle free. And in the web wallet I can exchange my bitcoin into fiat in an instant so I like the web wallet and can transfer it into my bank account.
A lot of us are into web wallets because of its great features but if we can afford an desktop wallet, that would be better, especially if you are owning and holding a lot of bitcoins. This is something that holders should really consider and not depend on online wallets alone. I myself have been thinking of that too in case my bitcoin holdings are big enough. I guess that would be great if you are really holding big amount of bitcoin. But I, myself is holding not big amount and so I prefer go use online wallet because in case I want to withdraw coin I can access it even wherever I am and I want to. I dont have to be at my desktop to be able to preform bitcoin transactions. |
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Freebitco.in is paying interest now on all balances, gotta factor this into any free roll and lottery opportunities. This has to be the best paying faucet available.
Epay.info is better than freebitco. You could have many faucet sites together in one site and all the faucet payment collected through your one epay.info account. Collected payment will be made on every Wednesday like a signature campaign. You find most high earning faucets for a minute to 30 minute in epay.info list. Please check it, if you desired to use. Epay.info is good for active users who can spend time doing faucets all day long. A good number of facuets are listed there and it really help a faucet worker. On the other hand FreeBitco.in is for those passive users who cannot be online for longer period of time and hence they still can get benefit from their deposit on their account in the form of interest. |
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in this case I prefer to trade from the Minning. well, perhaps very many losses in bitcoin minning if you do not plan properly. and that certainly, require a lot of money to produce that much in Minning bitcoin. Well, although trading does have risks, not least the risk is very small if you really have to understand in trading.
Bitcoin mining is very difficult now a days and need a lot of investments. If anyone like mining he can go for an Altcoin mining. Since the introduction of PoS coins, mining opportunity are less and also few altcoins are premined too. I will advice for trading also as it is the very hot business these days and people getting good income from it. |
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Hold on tight guys. We are just reloading. We will definitely reach our destination. And 2000 is just another stop over. The journey is longer than expected.  No, it's not that easy as you are saying. And the next stop over would be $1,300. And another stop over, adding $100 to the price of bitcoin is even hard. I believe that one day bitcoin will be at $2,000 but seeing it for this year, that's not going to happen. It's either $1,400 - $1,600. But not at $2,000. Do you know why the stops comes once you cross the certain price ? People are anticipating a certain price of bitcoin and once they reach that price they think it will not rise further and they tend to sell the coins. If everyone just realize that bitcoin wont be dumped and people keep holding we can very quickly reach 2000$ or more. |
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There are many thing going on in bitcoin world (and in cryptocurrency world too) right now.
Miners are divided, and the 1200$ level is an mental barrier for some of new users, but most importantly we can see a strong resistance over there.
We need at least 1300$ break to see somthing bigger going on.
We are flirting with the $1200 barrier again now. Since this barrier has been surmounted in the past, I expect it won't last for long. If there is any positive news (with respect to the blocksize debate), we are headed to ATHs again. I dont mind if we stay around the 1200 dollar price for sometime.Bitcoin need stability at high price. It is no use if bitcoin jumps to $1500 in a day and then dump back to 1000$. To be able to sustain a high price is more important in my point of view. Seeing bitcoin is on high price really makes us all happy. |
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How come it has such high supply but low per block release rate ? It will take our lifetime to get that far.
Or will you premine and burn them after distribution and bounties ?
I too agree that coins supply are too many but this does not mean that the Dev Burn the coins after the bounties etc. I think with projects and considerable amount of coins in control with dev, can really boost up the price enormously. Just need to control the demand and supply and keep an eye on price. |
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Ufortunately I did not read this forum before trying out bitminer.io
Luckily i only upgraded to V1.2 .. after the initial small withdrawal, no more have been done during the last 3 weeks. They are still all pending.
Avoid like the plague.
Lol im so sorry, but im glad you have not wasted more money there. I have invested 0.01 there (V1.1) just to get 0.005 withdrawal once and have 0.3 pending in withdrawals Totally waste of time, just a regular ponzi. I think you couldnt even earn there in any time i guess, i was waiting for 3 months A pure ponzi site is which never pays you but this Bitminer pay you once, making it to be a tempting one as people invest more thinking they are paid once and will be paid again. But they dont know its a trap and Bitminer.io will never pay u again. I would advise to refrain from such sites. |
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