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bitcoin will never not mineable because mining is actually solving block to get some transaction confirmed and if this activity just being stopped,bitcoin will be doomed ( correct me if i'm wrong ),and also even there's 21M bitcoin limit just reached miners will get reward from the fees and it will be like a circulation
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I don't think that bitcoin is better than paypal as you can see paypal are more appropriate with more online payment shop store and it can use world wide buy selling and buying items from online store , Maybe soon if bitcoin are going to be accepted on online stores maybe bitcoin will be the best payment option.
If you ask people what the main reason is they use PayPal for, then they will answer you with that PayPal supports charge backs, and that's it. This chargeback feature that buyers may love, is an absolute nightmare feature for sellers. People selling stuff outside Ebay should at all times have also Bitcoin as optional payment method. Everything that you receive in Bitcoin, is full yours. Sellers will never be cheated on with chargebacks with Bitcoin. you must've forgot about double spend in bitcoin even though people are rarely using it but it could be used to trick us but it can be resolved by waiting the confirmation until it confirmed,and also beware if you're dealing with people who always setting up zero fees for every transaction,the transaction probably will be rejected by the network and the funds comeback to the sender |
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I don't have a business if I would have a business then on one side I'd accept it cause I like bitcoin and like to make it more known but on the other side I don't think it would be good for my business with these crazy price changes sometimes it would feel very unreliable.
me too, i don't have business in real life, the only business i have is from online and i am now business in bitcoin with trading on some market exchange and i really accept bitcoins in my business  well that's actually good atleast you have business running for making money instead of just don't doing anything or hanging out which is actually pointless for the future purpose,even though sometimes trading could give us really big profit in just short term of time |
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when you know you can make a profit from it
well actually if you don't really need money and still have saving there's no point to borrow money even we can manage to make profit out of it the interests will actually took our profit and the result we got such a small amount of profit with risking to have a loan and can't pay it back,not worth it |
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why don't contact those signature campaign managers directly? i guess they will answer any of your question for pleasure,and also 1% of 12.1BTC is not 1.21 BTC (it's 10% of 12.1 BTC) ,but if i was guessing it's such a decent amount of earning especially if the managers are managing many campaign in the same time
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of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it
Agree, hardware mining is a lot better compared to those cloudmining sites because you could able to see physically that you are really mining compared to those so called " cloud mining" but the big hindrance regarding these hardware mining is the cost on this kind of investment, as you said you would really lots of capital to invest into it because its isnt a joke to build a mining farm on your own and you must consider on the expenses on maintainance would surely cost you. You have a point , hardware mining would be profitable unless if you have cheap electricity on your country and you have lots of asic mining hardwares in able for you to be profitable. As we all know that bitcoin mining difficulty its already increased thats why some miners are not profitable already unless if you have the latest ones. Cloud mining are just scams. you will realize that actually hardware mining is really profitable if you're not only thinking to mine bitcoin but also those alt coin which have less difficulties than bitcoin and having pretty decent prices,you will get good profit out of it rather than mining bitcoin and competing against those giant and huge miners that you actually don't have chance on it |
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The price of bitcoin matters very much with bitcoin price it represents the value of bitcoin like any other currency.
So a low price would mean we would be doing bad and it wouldn't attract any people towards bitcoin but now we are doing good.
definitely right,when a currency don't have value or price to the most used currency for now (dollar) then it will turn out to be dust,just see in zimbabwe that's now having such a giant fluctuation that makes zimbabwe dollar almost don't have value,it does happen to any other currency and whether it's digital currency or physical currency,it doesn't matter |
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I doubt it can reach 50k usd in our lifetime unless the U.S dollar goes to the pits, then perhaps it may do but it all depends on market cap and how many more people around the world decide to adopt Bitcoin and hard and use it.
50k is a really large number, we would even be happy to see it reach 5k in a few years because that would also be a great success for it as no currency has such a great value by now not even bitcoin itself, so expecting that big numbers is not really a practical thing. Now very few people believe in it. Well, all of a sudden. Incidentally, the projected co-founder of Bitcoin hedge fund Global Advisors Daniel Masters, the price of Bitcoin can reach the mark of $ 4,400 by the end of 2017. so what's the reason behind this speculation,even kim dotcom saying the exact thing that bitcoin price is going to the moon but unfortunately no reason can back up these statements or actually i call it a speculations,however bitcoin will be rising by the time when people who adopt bitcoin increasing and because of its limited supply but isn't that just too much? |
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The future of the bitcoin will be good becuase i dont think the price will drop that low that everybody is going ot drop the bitcoin becuase the bitcoin does not want that off course
and that is why he is staying alive.
Yup Bitcoin has the healthy future. I will live for long I'm this world. Sometime bitcoin price will drop but it bump back to high value on only. May be in future pawn brokers also may accept bitcoin. well about dumping and bumping thing it's depend on many factors and it's various such as a good news about bitcoin for example ( few countries starting to illegalize bitcoin ) it could possibliy bumping the bitcoin price but didn't sure if every dumping on bitcoin will getting bumped again just see when bitcoin price just reaching about $900 few years ago but now it's around $632 |
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I would not use bitcoin if it is already illegal in my country.Why I would used that if it is illegal even though you use it in nice way.It so scary. I do not want go to in jail for violating something is illegal.better be safe than regret in the rest of your life.
well that's good that actually what you will do,but if you are didn't fear about government (by the way government is not like what you see in a movie that they can detect people in few minutes that is actually bullshit even though there's exist but only 1st tier countries) you can still avoid without being detected regardless to the risk you're going to have |
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the price will going high if all people around the world use bitcoin,the 21 M limit supply doesn't matter because bitcoin amount doesn't limited by that,there's also mbtc,ubtc,and satoshi unit,bitcoin is literally unlimited in my opinion even 21 M was stated as the limit of supplies
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to be honest i would prefer a market that's already popular and having such a high trading volume in 24 hours (beside of its security) this kind of market will give us updated information about the current price because so many people are trading here and the fast market will give us a benefits to make a profit out of short price increase,and also if it's popular its just seems hard for the exchangers to turning and become scam,so,an additional point for its security
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You can do illegal things with any currency. Even with fiat and it is happening as I am typing this shit! To be honest, Bitcoin is more safe for illegal activities than fiat, that's that. Just because that no government is going to ban this. They just can't.
so what do you think about every address's transaction history that can't be deleted from the blockchain and can be accessed anytime by using blockchain explorer when if you're using fiat there's no way to trace you if none saw you making a transaction,even bitcoin is not safe for illegal thing |
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Most of the poor countries do not have people connected to internet so I don't see how bitcoin will help those people. But if they are connected to the web and are educated about bitcoin, then we expect bitcoin to contribute to their growth as people can earn bitcoin by doing various tasks online.
They can also buy bitcoins as keep it as an investment for future to benefit from the price appreciation.
These people already struggle to feed their family on a daily basis, so how do you expect them to invest money that they barely have in Bitcoin? Feeding the family is on the first place at all times. LOL that's true,investing with uncertain result will get them even worse even without investing they're already having struggle for feeding themselves so encouraging them to earn profit from the price unstability would be a bad idea and also,they can lost suddenly at any time |
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It may be hard and slow process for you to find loans in bitbond or in btcjam due to lots of verification and in this forum to get loan you need to put something valuable more than the loan amount as collateral. If you have easily convertable digital collateral than you can ask for loan in lending section but if not better you start asking loan in your local banks.
even in the local banks they will also require you to fulfill the complicated requirements and the approvement still unnecessary,they will valueing your wealth and if it's worth then they will approve your loan request and if it's not your loan request will be rejected just the same as another option you mentioned above |
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If we pay tax for bitcoin, I thing this is a good news because government accept bitcoin and make bitcoin is legal alternative investment.
that's the thing and also there will be probably a regulation for bitcoin users that could potentially give us a benefits such as insurance or anything else because bitcoin was legalized,if we got these,there's nothing wrong to pay taxes,it's for the sake of our safety |
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you can buy anything you want not limited to the house only.as long as bitcoin is accepted in many merchant you can buy anything. that's not supposed to be the question because it obviously you know the answer.just my one cent.
actually house is a good option because if you buy a house its value will growing by the time and it's such a good investment for future and especially if you don't have a house (LOL) it should be the main or primary thing you will gonna buy soon if you can afford it even with bitcoin |
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you can find a way bitcoin faucet even though it was not menguntukan. when you are in the forum bitcointalk already get enough rank you can join the signature campaign to be there also translate languages. besides trading is one of the ways the least risk to get bitcoin.
Earning in faucets are though enough if you are just a plain faucet claimer what is going to happen that you are just going to waste your time. But if you are going to build up your own faucet site and you are targeting a lot of visitors for sure you are going to get good profit on it. Once your faucet is already getting a lot of visitors, advertisers are going to come to you. Well, if you have your own faucets you are making money through the effort of others who are wasting their time, I think that is a better idea, all you need to do them is just promote your site and let them work for you. Great plan, you will earn more but with less effort. even though there's also so many problem you will face when you're going to start faucet or your faucet just turning out the be popular faucet,there will be bots,people who uses VPN or Proxy or anything else that will give you bad quality traffic and those advertisers will get away from you |
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I do not know if gold is better then Bitcoin because I have never made use of gold so I would choose Bitcoin over everything.
But I think that Bitcoin is still better then gold because it is somewhat more popular.
you're definitely wrong,gold have the popularity compared to bitcoin,everyone in this world know gold but i don't think in a house there will be someone that know bitcoin so gold is actually more popular than bitcoin without thinking about both advantages and disadvantages,and comparing thing and choosing without even trying both is just not ethical i guess |
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you may try 'haptik' app to ask nearby shops or something else that accepts bitcoin as a payment method. They'll search for you and will tell the details.
I use Bitcoin every day. But I do have one and then you look at it daily. You look especially at the value and what the future of it. But I do like Bitcoin. Using Bitcoin in real life is not my thing because I think that it is waist because I would think it is a better idea to save your Bitcoin. If you keep spending your Bitcoin that you have to use to make use you will not make a thing. i don't think it's such a waste (instead of waist) saving wouldn't be always the best option and sometimes such a horrible option,and if you're encouraging people to save their bitcoin then it will really wrong because currency is going to be used for buying thing not only for saving |
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