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Price of a product in market depend on the demand and supply. As according to my knowledge there are only 21 Millions BTC still in market and there are customers are very large in number as compare to present BTC in market. As the demand is increased more and more then price of BTC will also increased more and more while as the demand decrease then price will also be decreased. As the performance of BTC is improving more and more due to which demand of BTC is increasing.
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For sure it is good tendency, which proves once more that cryptocurrencies will paly important role in nearest future.
It is possible for that to happen that hotel will accepts bitcoin in the near future, though right now, there are only few hotels right now that might accepting bitcoin as a payment. ln order for that to happen, I guess bitcoin must evolve more so that the Government could declare bitcoins as the world's currency for us to be able to use it on anything here in this world as a payment. well, as mate said that there are few or negligible number of hotels that are accepting BTC as a payment. But this not an issue because as the customers of BTC is increased more and more n future then possibility of accepting BTC as a payment will also be increased. With addition with that if government start declaring BTC as a legal in countries then it will make sure hat shops and mall and hotels will start accepting BTC. |
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Base from my recent post "Does bitcoin could be call a job?" I have read your opinions regarding to that. Doing these things is a form of earning money basically we have income. So does it need to be taxed? Because this is also a source of income, and we might call it as a job?
Doing contract killing gives you income but is it job? Do we tax Killing Bounty income? Earning Bitcoins isn't come under economic jurisdiction of most of the countries. You can send, receive, hold, trade as many Bitcoins as you want to. But where problem actually comes is while converting them to fiat money. As according to law of all countries, when you sell or buy Bitcoins, such activity will be considered economic one. Depending upon your countries laws, you have to pay tax. Bitcoin doesn't need to be taxed because when you convert your bitcoins to flat or traditional currency and you bought some stuffs from it you are already paying a tax but majority of the countries in the world want to put tax on digital currency because of too much greed of this evil peoples, specially in my country where our taxes goes straight to the pockets of politicians.  Indeed, There is already taxes when you are going to convert your BTC to your own currency while many people are using bitcoin because there is no tax on bitcoin still. People are leaving using of bank because of their high taxes. So if bitcoin can also start taking tax then i think it will lost their some of customers which is not good for future of BTC. |
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Payment received thanks manager Luptin. |
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No, I will never keep or invest my whole money in one place because its never good decision. No one know what is happening in coming minute . So if you can keep your whole money in one place and there is happen something wrong then you will be face huge loss and you will be hardly recover your all money. So its good to keep your money in some different places which is more secure then to keep on one place.
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I think it's still better to invest in ethereum, because it's just as effective as the ethereum than the ripple and just before trading sites are popular with ethereum so I prefer it, but it's time to drop the price of ethereum and it's ripple to move me to the ripple because for sure here I will also see somehow.
Since last news my trading sites have reached the ripple to ethereum
yea i agree with the mate idea that ethereum is more better then ripple. Ethereum is the second high price coin in crypto and the users of ethereum is also more then ripple while also working with ethereum is more likely as compare to ripple. Ripple will take a time to reach to level of ethereum while ethereum have got trust and interest of more people. |
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You are talking about 10 years if we can see the previous one year history of BTC i-e 2017 then we can get that price of BTC is reached to 19K $ which is very high price. So after 10 years bitcoin price will cross 150k$ easily because bitcoin is giving very high profit margin to investors.
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i have seen first time about bitcoin bank thread. I don't think that bitcoin bank will be interested by people because people already using bank system for their own currencies which are not like to anyone because of high taxes. So i think everyone has his own online bitcoin account which is secure and easy to use and that is best forever.
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No one really knows but if you see the development of crypto currencies it is still too early for me including of course bitcoin, bitcoin has still a lot of issue regarding its network due to its market getting big and not all people are well aware of these kind of stuff yet so it is hard to predict when will bitcoin be done.
Yes, i agree with the idea of mate that no one know exactly about the future of bitcoin. But yea according to my knowledge a product in market will survive only when there is a customers of it and the customers of bitcoin is very large in number and still increasing so due to which life of bitcoin is also increasing. And we hope that it will live in market forever because there is possibility of accepting BTC as world currency. |
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According to my idea there are two types of people who are against bitcoin.
First one is that who have not enough knowledge and they are thinking that Bitcoin is a fraud. i think if they get enough information about bitcoin then it is possible that they will also be start taking interest in bitcoin.
While other are that who have start working with bitcoin like trading and due to volatility of price they have face loss because of their less experience in trading due to facing loss they become against bitcoin.
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Does Social Media Influence bitcoin growth?
Social media has an effect in the bitcoin growth. Almost all people who are using internet have social media accounts and since they can always see something that is trending then there is a tendency for them to search about it because of curiosity. Even if there is a small percentage of people who would seriously invest on it, it would still be an addition to the volume of the coin. yea right idea. Social media is the most important factor and have strong involvement influencing the growth of bitcoin but according to me now a days for every product to improve you need to get help of social media because now a days maximum population is the follower of social media and through advertising on social media mostly people can get information about your product. |
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Some people are thinking that due to bitcoin criminality rate is increased but i want to clear them that bitcoin is a money just like other currency and it depend on the users of bitcoin that for which activity he want to use. So if anyone claim that due to bitcoin criminality is increased then i don't agree with his statement because bitcoin is for everyone who is able to work with bitcoin forum and can follow their rules and regulation and after that it depend on their users that how he want to used.
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
I think it will never hacked due to its decentralized they can never find our key.And I am not experiencing the hacking of bitcoin but I am hoping it will never happen for some bad persons who wants to do it.So thats why I want the security for bitcoin because there are lots of people who are very intelligent in doing bad things. yea you are right. It is not possible that bitcoin will be hacked and this is because of strong security and if it was possible that hacker will hacked it till but it will never possible for hacker and this is because of decentralization of BTC. |
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Most people who answered are decentralizing it, but this adds to me that it is easy to get bitcoin and its security will make more people and make it interesting to invest that turn their money into bitcoins or other cryptocurrencies.  yea mostly people like due to decentralization of bitcoin but i have also like the volatility quality as the price of BTC is varying with time and that is the cause of attracting large number of traders. And this is the most important factor for attracting investors because this is only way to do trading. And for promoting product in market involvement of big trader should needed. |
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Dont do that. Bitcoin money is still a singular. You can use it when in case of emergency. But for your daily needs, it's hard to rely on bitcoin. So it's still better not to quit your present job. In fact, you can work together with your present job while working in bitcoin.
I think its not good decision because your regular job is your field experience while working with bitcoin is not tough as regular job and there is no such fix time to work with bitcoin. Whenever you free you can work with bitcoin while also you can give time in your job hours if you will free. Working with both areas is better for earning more and more. |
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Ripley is a centralized crypto currency. It is controlled by bankers. We can not trust them in this matter.
Indeed, bitcoin is the most secure and high familiar currency in world of crypto while the followers of bitcoin is very large in number as compare to ripple. Mostly people in the world only follow bitcoin due to their trust and security and also the price of bitcoin is very high then ripple. So big investor will never go to ripple. |
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now world is developed very fast and i think no world need both physical money and electronic money while comparing both these world need electronic money more than physical money because working with electronic money is very fast, easy and more secure then physical money. So coming era world will be try to start electronic money everywhere.
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Robot system is good and helpful system but be remember that robot system is only for help not for a proper work because robot have no ability to do every work properly while also every work have different styles and have proper discipline and rules and regulation like working with BTC so i think no robot can be able to work here.
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well it will be a great step if hotel start accepting BTC but i think still there is no such hotels that are accepting BTC because BTC is still not familiar and legalize also so that hotels can start accepting it. But yes with time when BTC will become more familiar and more part of population throughout the whole world start using BTC then sure it will start accepting as a payment not only in hotel but everywhere like shops, mall etc.
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time is going very fast and people are very busy in their life so everyone want to save some time so that every work can get proper time. Bitcoin from last some year is improving their performance with very quick rate due to which more people are attracting toward BTC because BTC is digital money and have very fast process and in 2018 bitcoin will show their excellent performance and will try to attract maximum population of world and to become a world unique currency.
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