Well you are asking for our idea about bitcoin and from the title we can assume that you are pointing towards its success to be worldwide. In that case I am totally at the side of bitcoin that it will definitely be a worldwide currency after 5 years after looking at the support avail to it and everyone can see that the speed of its promotion is much high that none of the currency will be able to stop it.
Bitcoin is a already a worldwide currency the current problem is there is not enough people using bitcoin and in my opinion unless we see a major crisis in the economic world then we must not expect a huge raise in adoption. i agree with that bitcoin is already worldwide currency because bitcoin is acceptable and available in anywhere and bitcoin is famous in all world and we can see that bitcoin adoption increasing too much faster so we can say that bitcoin is already worldwide currency. I agree that many people are now using people worldwide but we cannot ignore the fact that there are still countries that not accept bitcoin and some even banned it in their countries. And also, there even to those countries with many bitcoin users, not all citizens there know about bitcoin. Of all the reasons you mentioned, i think the main thing is lack of awareness of bitcoins among the people. Just take a look around to your nearby family and friends and see how many know exactly what is bitcoin. You will find a very low number who are actually aware of what a bitcoin is. |
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Who is to blame for this, certainly not the Chinese? They seized the opportunity to dominate the mining scene and they also started to buy most of the bitcoins. China is also not to be blamed for the 2013 spike in the price. {That was the Willybot} So stop blaming everything on the Chinese and start buying back some of these coins. If the Chinese government wants to tighten their hold on Fiat, then we should see this as a opportunity to buy these coins and regain dominance in the Bitcoin scene.  When there is a pump in bitcoin price we claim it to be because of china and on the dump we say its china manipulating also. why we always blame china for everything. Time to move forward and start acting rather than only playing blame games. The fact is always a fact. When 70% of the mining is done in china and 60% of the bitcoin holders belong to china, then they have the right to control the bitcoin world. So for anyone to beat china in Bitcoin need to build the mining infrastructure elsewhere to have an healthy competition. |
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Dear Bitsane Customers!
Due to the latest USD regulations, we were forced to increase our USD deposit and withdrawal fees for International Bank Transfers.
Effective immediately, the following commission rates will be applied for all the bank wire deposits and withdrawals in US dollars:
USD Bank Wire Deposit fee: 1% (min. 10 USD, max. 60 USD)
USD Bank Wire Withdrawal fee: 1% (min. 10 USD, max. 60 USD).
Single transfer limit: 50 000 USD
Please note that deposit/withdrawal fees for EUR currency remain the same.
We wish to thank all of our customers for their continued loyalty.
Sincerely,
BITSANE team.
I think Rates are increased to follow the international regulations and it cannot be avoided. It also means all the other exchanges will follow the same rule. Still good to know it is only USD effected while deposit and withdrawal fees for EUR currency is still the same. |
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the market is too influenced by some of the behavior of traders who sell bitcoin in number very much.
they scare others and advised to sell bitcoin at that time. whereas if we are more patient we could get better results.
This makes sense. We should be patience of the rising value of it, because when we sell the bitcoin the demand goes down and the people behind bitcoin will make it more lower the value or price of it. So let us think wise on making this thing to happen, we are the one who is truly affected by this scenario. |
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- You learned in trading was experienced, we need not be too disappointed when losses
- Trading is always risky, if you do not accept the defeat, the best you should not trading
Exactly, we do not need to be disappointed on this industry because firstly we are the one who decided to join or involve or make a choice on joining ourselves here, secondly experiencing of losing money is not a disappointment but a lesson to be learned on because yes it is a risky way of earning money and not much profitable if you are not much into trading. |
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I added some btc to Bitfinex but then I heard that it was hacked recently.
Is this exchange still trusted? What are your thoughts?
Well if you are doubt on bitfinex because of hacking issue, more better don't use their service and personality i am believe on them because they have fixed the bugs on their service. somehow i am agree with densuj said and there is many good exchangers you can trade with like kraken, bitstamp, btc-e or else, but i think kraken is a good option for you. as long as you don't use all of your bitcoin in one exchanger then you are fine to go with trading, so you can trade with many exchanges. btc-e is one of the oldest exchanges and is trusted but it is not better than others such as kraken. the only thing good about btc-e (in my opinion) is the fact that they are not asking for verification and also they have many different methods of fiat deposit/withdrawal that can be helpful to people in many different countries that can not or do not want to let their bank know they used a bitcoin exchange. No doubt, Bitfinex is the best and one of the oldest exchange but it was hacked last year and this made me lose my interest in this exchange. Ofcourse the people who lose their BTC there, will never ever store their btc again there. |
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I am Mauritian and got only kraken to make crypto trading. Isnt there any exchanger that do accept international wire transfer ?
Localbitcoin offer pretty a lot payment method for trade bitcoin, you can find it around your nearby or choose the trustworthy one. I tried to localbitcoin to trade on and yes, it is so great very easy one, and yes you can trade by yourself here, but then you must be aware of scam because there are a lot who tried to scam those who are new on trading. |
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Creating a bitcoin bank destroys the whole idea of bitcoins for me. If you have a bitcoin bank, you can't be anonymous. The whole point of using bitcoins is being anonymous. But then again, the extra interest from the bank would be nice XD
I dont believe this idea. I think it is impossible. Existing banking system contrary to bitcoin. If banks accept bitcoin then bitcoin price will be very low. |
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Bitcoin is the still the no.1 best crypto currency, because all around the world it is most widely accepted in the business rather than other currencies. And most likely about in bitcoin it has the high class value price in all trading platform.
Bitcoin is really number one crypto currency now as we can see all over the net compare to others, and yes most of the business uses this one as the alternative coin to be used as payment which I thinkgreat for everyone who uses it and benefited. |
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Although in most country Especially here in the Philippines and Probably all country in Southeast Asia, bitcoin cannot be used Directly whenever you are going to buy Real stuffs and We can only use it Directly to buy Digital Goods such as Mobile Prepaid Loads, Game Credits (e.g. Steam)
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AS this year i saw in my dreams that bitcoin will be increase again the the month of march to june this month will the month of bitcoin which traders and investors are going to be happy but this month til febuary bitcoin will suffer decreasing it self.
I also predicted something like that for the price when it touched $1100 on the starting of new year. I said the price will not come below $1000 atleast in january, but i got wrong when the price jumped back to $800 in the same month, now it really seems to be difficult to predict anything about the price for this month. Yeah, since there was a big break touched in the opening of the year for sure many people were dismayed by the breakdown to almost 300 bucks of it, and yes it is now hard to predict because of a price changing but then as I always said time will come it will be stable as before I mean stable of increasing. |
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Paper money is normal a good pay method but everything is indeed getting more digital and due to that we can say that it will disappear in about 20 years from now without any doubts.
Yes we still have to see what is gonna happen of course but most likely it will slowly disappear over the years that are coming. I don't think that paper money will be diminished anytime soon. It's true that we are living in a fast-paced and digital world, but technology itself has some flaws and we want to make sure that we have a fallback in case digital currency takes its place in society. |
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You should not invest it at all because why should you, with holding it for a long term you can maybe become a rich man.
Its for Security purposes because we do not know how will be the money value tomorrow but for me, My strategy will be if I have 15 bitcoins I will sell all the coin when the bitcoin hits 1k$ and instead of buying bitcoins back with the cash I will buy some property or gold. |
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That's sheer wild imagination, this won't ever happen. But I do understand your concerns on a cashless world are legit. I personally do not support it, cause the system is not at all secure to make sure they can prevent hacks, the system is easy to hack and compromise. It needs more to be upgraded and it needs to be implemented well and as well as the government approval given. Bitcoin you can say is our Knight in Shining armour, and it is helping us as a new Avenue of investment,earning money, plus even giving us high profits to stand on our own. I do see if it rises some countries shall adopt it by 2025 at least but it would be hard though.
Being cashless will promote government based apps and currencies, like in India they are promoting paytm so not really there will be a promotion of bitcoins. But still cashless society will have some cash even at the backend as you cant vanish Fiat from everywhere like villages etc. |
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I want trade with my m obile .
but herey trade now growth into 0.4 btc .a
Now , According to the history of exchange yobit.net & poloniex
which out of them you will suggest .
Because I heard something more complicated like ddos attack , is this true .
Now between these two which is more secure and handleable for my mobile .
You should go for poloniex instead of yobit.net. They offering maximum security and advanced trading. So when you comes to finding the best bitcoin exchange there poloniex will no #1 Poloniex really hit number 1, because it is safe and very good in service and very well secured platform given to their users. They make users worth trying their service. |
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Yup looks like bitcoin will continue to rise it's value. Now investors from other crypto-currencies will invest in btc for long term investment. after the major rise of bitcoin in 2k16 and 2017 this crypto has come a long way to gain this value. long live BTC ! LONG LIVE !
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I agree with what nanobtc said because I’ve never really thought about this before, but there are some obstacles in reality. Not all of cities have casinos and if they have maybe are located far away from people they want to do a local transaction. As I see it local transaction is a good way for a fraction of bitcoin because bigger one is dangerous.
Yes, like , but In the US, people often meet up in front of the local police station for purchases originating off of Craigslist. If you have a modern cell phone, that can give your computer Internet access anywhere (look for tethering or work as wifi data services... test it out at home before you go). |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them. Yes, they are panic of selling their coins because of the fast crashing of bitcoin but then for sure this will be back then. Just sit back and relax and bitcoin will rise because of its growing population and once the bitcoin population increase the demand of coin will rise so the value will be increasing again. |
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We ©an $ee the pri©e now, $200 i$ on the way. ©2017
Oh My!! Yes, we can see that the bitcoin is just slowing down but do not lose hope guys this year is not yet end for sure 4 digits will be the value of bitcoin this year since it started with that we just need to be patience with that. All we need is to invest it so we still have it then. |
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Yes I am totally crypto enthusiast, I am not only using bitcoin to earn I try to invest also to some other coins which I know legit and profitable. Driven me to be come on enthusiast is because the price is totally increasing and which I know in this way I will grow too.
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