Bitcoin will be destroyed if all crypto markets are closed, there will be no transaction and bitcoin no value
But i am sure that it will never happen because in modern time bitcoin and othe crypto currencies are becoming more popular and now the trend is also changing from fiat to online currency and therefore we can say that bitcoin will survives for a long long time and will become more stable and stronger from time to time. |
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the easiest way if according to experience and what I feel and get from my colleagues ..ie learning while practicing and a teacher must be patient to repeat the remarks if the students see not understand.
and most importantly the teacher should instruct his students often to read
I do not think that there is any rocket science in bitcoin introduction, you can introduce bitcoin to people through different ways, you just need to have some good knowledge about bitcoin so that you can introduce bitcoin to them in a more good way. I myself started introducing bitcoin to my family. I also introduced bitcoin to my friends and now got a very good response from them. |
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There is always a chance that a fiat currency will crash, if the government/central bank resorts to reckless policies that break public confidence in the value of the currency.The history demonstrated that all the fiat currencies crashed at some point and they are unstable by nature - they are only backed by the government decision to declare it legal and maintain the illusion of value. It is because the inflation always jumps, the purchasing power drops, and at some point this bubble ruins not only the currency's value, but the whole economy.
I gotta say, you really have some great skills in expressing yourself and clearly you read a lot. What you just said really makes sense and is really a possible way to make fiat crash and become devalued. Frightening, yes, but is something that we just cannot escape from and ignore since it really is such an important matter. Even the roman empire has fallen. There is just no guarantee that this will not happen to any country of today. Which is why cryptos are really such a big help as a storage of value just in case this happens. To me i personally think that fiat currency can cash, because we have already experience that when a country is under war influence, they their currencies become devalue and falls to too much low price. The decreasing price of a fiat currency is also effect the economy of a country. |
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Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
It has plenty of future. Many of the money launderers of the world work in cash because is much more difficult to trace and while that exists it will have a future. Yes we are facing some problems related to bitcoin but i think that still the benefits that we are getting from bitcoin are more that its drawbacks, and hope that withe the passage of time these drawbacks and limitation will decrease too much and then bitcoin will become too much useful for us, in current time we just need to give support to bitcoin. |
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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?"
By earning profit in bitcoin, I bought some of my wants like shoes to add up in my collections. And also upgrade my smartphone but not that much. Last not but not the least, give my parents money to at least pay back some of their hardships to fill all my needs and wants since i was born. I myself not using bitcoin profit directly for buying stuffs, but first i convert the money into bitcoin and after that i use it to buy stuffs and fulfill my daily needs. In fact it has given me a very strong financial support as now i can fulfill all my need that i do not think were possible from my day job online, i would like to continue making money from bitcoin trading. |
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All people do not believe in the online digital currency now because of the lack of knowledge about cryptocurrency. But now as they know the crypto, the negative thoughts about it are still not lost
for me except of being lack of knowledge most of the people now don't believe on virtual currency due to some fud's that always spreading negative news around the globe which is the common reason why the price is decreasing. Causes also why more people declined virtual currency nowadays. Everyone with a criticism of Bitcoin is not a fudster and every bit of bad news is not fud. Price doesn't only go down because of fud either. There are legitimate disadvantages to Bitcoin and clearly there are unsustainable trends when the price appreciates as rapidly as it does at time. When the momentum ant sustain itself, the market enters a serious correction, and that's completely normal for markets to experience. People who bought very high didn'tappreciate the risk they were taking on. I don't feel bad for them. We are experience these disadvantages because bitcoin is still in its early stage and it require a lot of time so that bitcoin and some other altcoins become more mature and they people will be using bitcoin and it will continue giving profit to people. In fact i will also like to invest money in bitcoin and use bitcoin for shopping in local shops or big store. |
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
Too far prediction for bitcoins will be changed a major currency in the world. Every country has a regulation about economic and central bank to accommodate issue about money. For now i think bitcoin and cryptocurrency always just to be a investment target for business man. Yes we can consider that bitcoin can become a global currency in the future but not now.Bitcoin is getting really very popular now a days and more and more people are enrolling themselves in it.It is the easiest and fastest platform to earn money.If someone is into bitcoin then he or she does not need to take money from home.Saving bitcoins for future is the best way to earn a lot of money.Investing in bitcoin is also profitable.Now some transactions are also being through bitcoin. Yes it can become a global currency.Bitcoin is being used by many people in the world and everyday new people are added in bitcoin.Bitcoin is the easiest medium to earn money in a lesser duration of time.Investment in bitcoin is very profitable as it promises huge returns in a very less time period.Transactions through bitcoin are also very simple and any amount of money can be transferred in a very short time period. Yes no doubt that bitcoin is a global currency, because bitcoin is present in all over the world having same value everywhere. In future we can expect that people will start trading using bitcoin and other altcoin therefore te importance bitcoin cannot decrease but will continue increasing. |
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I think the development of Blockchain in recent years has greatly improved, this can be seen from many companies or industries that combine their projects with Blockchain because Blockchain is considered the latest breakthrough in the world of databases and Blockchain has many more features that can be utilized by the company this time.
Thank you
That is a continuous process, we will much more improvement in blockchain, which is in fact now the future of the people. Blochchain is now studying at universities level, it is included in cylabus, therefore i think that blockchain technology will continue improvement from time to time, because blockchain technology is now the need of the day. |
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Televisions are hand in hand with politicians and big corporations, TV is a thing for the past.
On the Video Stream media channels such as YouTube, DailyMotion and others, the influencers are actually doing a great job advertising crypto.
We should all thank them.
But in backward countries their media is not as such strong, they only have the source to watch programs on TV, and therefore i think if it is possible to advertise bitcoin on TV it will be too much effect in backward countries, because now they have the facilities of internet and just need to get infomation about bitcoin, so that they can also start taking interest in bitcoin. |
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Because BTC is and has been gaining momentum for the past couple of months and that slowly has been the "crashing" of alts. I hardly would call this crashing though, a crash would be much more severe of a nosedive.
That is true that when bitcoin price start increasing, people convert their investment from other crypto currencies into bitcoin, and that is the reason that when bitcoin price start increasing othe crypto currencies start decreasing their price, but still there are so many altcoins who have good potential and their price is also increasing from time to time, even if the bitcoin price is increasing too much. |
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i want to join this signature campaign.
Bitcointalk name: sana gull
Rank: Member
Current posts : 126
BTC address : 1B3gwwRQk3wiDZt2Sxfic39LLprzbqUrHs
Signature: Yes
Avatar: No
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For me, ive rather to choose bitcoin than gold because bitcoin is easy to earn than gold. It is more profitable. If we want to earn bitcoin, we can do by free by playing faucet but for gold, we need to buy it. And also bitcoin is not that much expensive that we cant be able to buy, but gold we can easily afford it. We can buy bitcoin in a low price and sell it in a high price so that we can earn money through it.
Gold has a very stable price and it can be consider as good for saving purposes, those people who want to hold their money in a safer mood they should try to buy gold, but we have to accept the fact that there are also more chances that some one can steel our gold from us, so it will need a permanent security, while trading crytpo is the best option for investment, where we have both the chances to make money or even lose our own investment. |
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You can actually use it in daily life right now, not in supermarkets for sure but on the internet or in personal life, you can ask people if they accept cryptocurrencies, it is very easy now to acccept them and exchange it with other currencies.
Yes we can use it but in very limited area because in most of the area still people do not have the facilities to use bitcoin, and therefore they only use bitcoin for trading and investment purposes. While in some modern countries people have the facilities to use bitcoin for shopping and for a lot of other activities as their even the shopkeepers have good knowledge about bitcoin and therefore they are also welling to accept bitcoin from their customers for shopping. |
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You should try to focus your attention more on the crypto-currencies that have a lot of users using it and trading it on the trading market, as the price of these altcoins would always have a higher chance to recover its price during a huge price dip in the crypto-currencies trading market.
I think some of the coins you can know through social media or youtube but knowing how good or bad a coin is will depend on how you'll spend time reading things about it. But if you want to save time for looking for those good and bad coins, just buy bitcoin and hold it for the rest of your life. You saved a lot of time and at the same time you'll earn much. To select a good coin first study about the coin and collect the information about the coins by coincapmarket where you will get the history of the coin you are looking for. Including the price variation, they will also provide graph price from the last year by that can decide about the coin. Yes it is too much important to have a good study about the crypto currency where are you are going to invest your money, becasue without having good study, i do not think that it is os easy to make a good profit. Trading is more risky than gambling if you do not have enough experience and knowledge about your interest coin where you are welling to invest your money. |
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Obviously if you buy bitcoin at 10k USD and hold it for more than 1 year then you will earn a huge profit.
I remember the time when i entered into Bitcoin world then 1 Bitcoin was equals to 4-5k usd but later on that value reached more then 15k usd and that too in less than one year.
So if you hold your "x" coins for future then surely you will end you with a good amount of money.
I do not think that we need to wait for the time when its price come below 10K but should try to purchase bitcoin in currency price which is already too much close to 10K. I think bitcoin is once again giving a good opportunities to people to purchase bitcoin, because we can expect that its price will very soon start increasing and will even very soon cross 20K. |
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If you don't have much capital to begin with, you can trade with 'contracts for difference'. You get a leveraged payout, but be careful because it's easily to lose your investment if your margin bottoms out. I made some money on plus500 by trading CFD's.
That is too much risky and once the price reach to the margin you will lose everything without chance of getting back the money if the price once again start increasing. Therefore i think that you should always try to do trading with your own money, even if you have a little amount of trading, because even if the price will decrease too much and you still holding your shares you have the opportunity to recover your lost amount if the price once again recovering. |
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Trading is something like exchanging the values, the primary motive of trading is to gain more value by doing more trades on a frequent basis. In crypto, it is like buying bitcoin or any other coin at a lower price and selling it for the higher price. If you are willing to start trading then you can open your account on any exchange and explore the opportunities, you will have to study the market behaviour and then trade according to the same. Make sure that you are doing a deep research before taking any trading or investment decision. If you are doing it in a wrong way then you can lose your entire capital so be extremely careful while trading.
I think that trading is a serious profession, either it is online trading or off line trading. If a person want to become a trader he must first get good knowledge about trading, He also need to get experience first. Without having good experience i think that trading is more risky and one can even lose everything. Therefore i think we should take some experience first and then should in vest money in bitcoin. |
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To be honest, I don't think it's good to hold just Bitcoin only. You should diversify your options by simply looking at the other altcoins such as ETH, XRP, BCC, LTC, ADA, NEM, TRX, YOLO, ETN and so on.
Like last time, Bitcoin took a deep dive from $13k to $5.7k only before climbed back to more than $11k today. It's very speculative and has high volatility, and you cannot predict the pump and dump of its price as well.
I think bitcoin is really profitable if we are going to hold for a long term. But the profit may depend on the patience of the person, because we all know that the bitcoin is high on volatility and sometimes it will rise like it's price is really on the top and we tend to sell it. So then it is only depending on is. If we do believe that we can gain bitcoin today we don't have to wait and hold for a long term. Yes no doubt that bitcoin is more profitable and one can get a good profit if he will invest money in bitcoin, but in fact bitcoin is trading in such a high price that most of the people cannot afford to purchase a good amount of bitcoin for holing a long time, and if you are interest in long term investment then it is necessary to purchase a good amount of bitcoin. |
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I trade in short and for long terms  For long i buy strong coins Also i invest in ICO for long and short time to make more profit ! To me i think that short time investment is more risky therefore i give preference to losng term investment, which i consider as easy and risk free. In short term investment although there is enough and instant profit but it is also more risky and one can even lose a lot of money in a single day, i think short term investment require a lot of experience as compare to long term investment. |
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It is difficult to predict the price of bitcoin for 2018, but the fact that it will be higher than it is now very real. Many people use bitcoin and cryptocurrency as an asset to make a profit.
But there should still be large investments from major players and investment funds. At the moment, the cryptocurrency market is associated with high risks. That stops a lot of people.
It will be interesting to see what will happen when the market gets regulated
Yes it is difficult to predict the price of bitcoin, but i think that we were already expecting that bitcoin price will continue increasing its price even in 2018. Although the bitcoin price remain as stable for some time but now it has start increasing and hope that very soon its price will reach to his previous high price and will even continue for a long long time. |
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