What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Yes indeed. Bitcoin and the other crypto currencies are the future money so we need to have it as soon as we can so that we can gain a huge amount of money in the future. The larger the crypto currency we have, the larger the profit we can earn in the future. |
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I decide to buy 2 bitcoins with in this week.. Its valuable ? Am I late ? Waiting for your replies ?
No, you are not yet late. All you need to do with your bitcoin is to hold that for a very long time. The longer you hold your bitcoin, the higher its price will be and the larger the profit you can have. Just be patient and dont do panic selling when bitcoin is experiencing a crash. |
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Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
I spend most of the money that I earned in bitcoin in sustaining my daily needs. I dont usually spend my money to buy the things that I only want. If I will buy things, I make sure that it is really important and I limit myself in buying the things I want. |
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Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
It is normal for the bitcoin to be banned to some other countries because bitcoin has its own disadvantages that may greatly affect the economy of a country. There are also some countries that legalize it. It depends to the government of the country if they will ban or legalize bitcoin in their place. |
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There is a chance that bitcoin could be destroyed if governments make a move to ban it. We should support and never take advantage of it to preserve and protect it. Bitcoin is not recognized as a currency so it is not advisable and recommended by the government.
Yes anytime bitcoin can be destroy by the government but its not that easy to do. As many investor now in bitcoin I believe that they wont let it happen. If I were you I must enjoy using bitcoin as long as it was existing and just go with the flow of it. Maybe soon government will support bitcoin too. No one knows but its not bad to believe on it right? Just value everything that you have. |
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Bitcoin is a decentralized platform, the government may not recognize it's existence as a digital currency and transaction is not allowed, but individual citizens can use it on their own and benefit from it. only that it is supported by their government.
Bitcoin isn't specific to a country, it is open to all globally so long as you wish it.
Yes bitcoin was freely used as long as you know how and have access on it. Dont think too much about government because bitcoin was a decentralized currency where government doesnt have control on it. Yes bitcoin was still existing in my country and as the time goes by I noticed that people who used bitcoin was increasing. |
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No doubt about it…
Bitcoin is a secure crypto currency, because it has been transferred from one person to other without interference of any third party.
But it also depends on your wallet if your wallet is secure then your bitcoin also secure.
The security of bitcoin was depend on the user if he/she will become careful. Yes it was a connection to the wallet that you are using, make sure that you have backup to recover it whenever there is a problem. Aside from that all the keys of your wallet and dont forget it. It was really secure in transaction because other people doesnt have any access about it unless you will them aboug it. |
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They must have access to internet to do some transactions and it is important to have some knowledge about it.
They cant have it unless they have someone who will give tagt to them. Remember that they are a beggar so they dont have any gadget that we have. If there is a good samaritan that will help and teach me how to earn bitcoin then thats the time where beggar can access bitcoin. Honestly bitcoin doesnt choose any class in society as long as you know how to use and you have internet and gadget. |
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There is a lot of reason that bitcoin is better than gold also bitcoin is good for long term hold but gold price is very stable and it,'s good too
Honestly speaking it will depend on the user. Most of the time people who says bitcoin was better than gold are bitcoin users and people who says gold is better than bitcoin was a gold user. We dont need to compare is more better to be honest because they have different characteristic and usage at the same time even though they are the same cryptocurrency. They have their own uniqueness that the other one doesnt have. |
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Yes It Is
i dont think you are right, all cryptocurrency are not scam, yes will all know that some are scam but that dont cartigorised everything as the same they are many legit cryptocurrency that has add value to peoples life, e.g BITCOIN, ETHEREUM, LITECOIN and so many others. so take your time to learn about cryptocurrency i believe you will understand it better and it will also help you differentiate the scam from the legit once. Exactly, what was your basis to say that al cryptocurrency are scam? Or maybe you are hust unlucky and experienced it in a very early age. You must be study first about bitcoin to know if they are scam or not because there are lot of cryptocurrency that was very useful like bitcoin. Maybe when you read more about cryptocurrency you will find that you are not right. |
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I think the best strategy when investing is to be patient and not panic, when the price goes down better forget it and believe that the price is going up, and this is proven true because the current bitcoin price is approaching $ 9000 and next week will pass $ 10,000.
Yes in investment you must have a strong heart. You need to be optimistic and futuristic. You need to accept everything what ever happens. Being patient and not panicking was a great strategy also but for me when I started investing, i first research aboyt it to understand everything about it. I make sure first if that company or people was trustworthy or not to make sure that I will not get scam in the end |
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I think this is absolutely a good thing. It shows that bitcoin affects everyone. Bitcoin is creating many opportunities for many investors to make a high profit. Many Bitcoin participants help to develop the many benefits of bitcoin for human life.
Yes its good that bitcoin community because many invertors are coming. In fact it increase because it was spread all over the world and there are many news now that was flashing in any typr of media. Even in advertisement bitcoin was there. And it was okay since bitcoin helps many people financially. |
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obviously gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.
Yes it will still depend on you. You can take a risk in bitcoin but you need to be ready on possible things that may happen. Think about and understand the characteristic of bitcoin. When it comes to Gold, yes it is truly much safer because even bitcoin doesnt exist before, gold was already there. Choose what you wisely everytime you made a decision and make sure that you will not regret it in the end. |
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Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?
No its not, bitcoin still popular, in fact it was gaining more more popularity. There are many people who are investing here. Yes bitcoin price was really not stable and its not new. All cryptocurrency doesnt have a stable price ut always change. And not just because there are many altcoin that arise bitcoin was still the mother of all cryptocurrency and still no altcoin can replace it this time. The characteristic of bitcoin was very different to other altcoins. |
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I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?
I definitely agree with you brother. I would like to see that happening in real life. That will only happen if BTC gets mass-adopted by the larger portion of our population. It could be far-off for now but it could definitely happen. Also, as stated by the above post regarding the high transaction fees paid to the network, it is indeed not practical to pay your taxi using BTC accompanied by high fees. Hopefully, this problem will also be solved in the coming months. I also agree with that. I would like to take that opportunity to use bitcoin in transportation likr taxi so that it can use and not wasted for anythings. |
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For me the wallet that I can recommend specially in my country which is the philippines is Coins.Ph.This wallet is secure and more convenient to use.You can pay you bills and also you can be able to get rebate everytime you pay.Also you can send money without any fees and it is so amazing.
Yes, also that is my recommended wallet to every user here in bitcoin. Coins. Ph is usually used by the Filipino users here in Philippines and this wallet is very trustable for many people. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
That's sounds like good for me. I think that is a good idea for me because as we all know, television is a good medium for advertising on something. Bitcoin can be get many users through the use of television. |
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The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
For me, i think i will donate not bitcoin but money for the people who in terms in need and people who are don't have the abilities to answer their necessities. When i see poor people on the street, my eyes get tears because i dont want to see any people living like that. |
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Are you a bitcoin fan? Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis. But how did you first hear about bitcoin? Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time? Share your experience with us.  I first heard it from my friends in school. They told me and also encourage me to join in bitcoin because bitcoin is a very helpful for us people because this will help us to earn some money and use it for many purposes. |
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Are you a bitcoin fan? Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis. But how did you first hear about bitcoin? Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time? Share your experience with us. Yes, i am a bitcoin fan and i wanna to share to all of my friends that i am a bitcoin fan. Bitcoin is really helping to financial problems and all of my needs solved because of my bitcoin. |
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