We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.
Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?
I think bitcoin by that time is the main currency of the entire world. Maybe all businesses around the world also are accepted bitcoin as payment in the business industry. And perhaps the value of bitcoin would be much much higher.  I agree with you that if bitcoin becomes popular in the future, then it will become very expensive. That's why it makes sense to buy bitcoin today and store it for a long time yes no doubt that the popularity of bitcoin is increasing from time to time but still we cannot say anything about the future of bitcoi so early. |
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Unfortunately bitcoin is often used for illegal activities including terrorism and itt anonimity contributed great deal to that. That is the reason why bitcoin had bad reputation very long time, some even considered it as a criminal currency although every currency in the world could be used for crime.
i do not think bitcoin every be use for illegal activities. |
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Real money compared to bitcoin has a very big difference because real money can be touch and can be hold physically, while bitcoin comes to a digit form stored in your online wallet account. You can only view your amount of btc balance using the web network you have and that stored btc can be appreciated once it was exchanged to fiat money cash, which will be used for spending also.
The Bitcoin have more value than real money, but the Bitcoin value will decide by real money only. if the real money not there then there is no Bitcoin. And real money can use by anywhere in the world without any restrictions, but you can not use Bitcoin like this. We have many conditions to use Bitcoin legally in all countries. i think a lot of differences are there but the main difference is that bitcoin is a local fiat currency while bitcoin is a univesal, decentralized digital currency of the world |
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It is a reall good news and it is not surprise for me to Japan accept bitcoin as payment method because they are clever country and they can see what will happen in the future and they lip innovations things so because of it is not surprise , i hope other countries can except and use this method and it will let bitcoin user will be more .
yes that is right as bitcoin is now become more and moe confident and if you have good examples and children to pa with it and i think most of the world |
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The best thing i like in bitcoin is that all people have freedom to get income, it is the best thing that bitcoin could help more people to stay away in financial crisis or to increase our revenue. We can generate unlimited money if we focus more time in bitcoin job.
to me i think there are so many facilities that bitcoin can provide us and that is the reason that bitcoin has so many feathers, for example through bitcoin we can transfer fund from one place to another. bitcoin can also be uses as currency for shopping online and |
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Yes ordinary citizens can use bitcoin, what do you about us who are using it? Are we aliens or did we came from out of this world? BItcoin still not popular at all that's why many are asking if they can get a lot of it. But I do believe that if bitcoin is going to be popular for the next days to come, it can easily be used by normal people.
as bitcoin is a normal currency and everyone has the right to use it and adopt it so therefore we cannot say that bitcoin is for some special people and ordinary people cannot use it, i think both ordinary and specially people both have the same opportunities to use it. yes that is very right to say there is no restriction on the use of bitcoin, therefore everyone has the right to use bitcoin either they are ordinary people are special people. |
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I am not a bitcoin trader, so I do not store it for future purposes, I sell the majority of the bitcoin I have, I only keep a little bit per week, at present, more news on Hardfork and BU appear, this pose an option for me. Although I do not like and do not expect BU to appear, I still want to own it. Because according to the news, btc owners will get a decent amount of btu, which is too easy for us. Just store and wait. Let's wait for the result of the hardfork.
i think very little number of people will be using bitcoin for fun and nor for trading purpose like you. as still bitcoin cannot be use as currency in most of the places therefore people there using bitcoin as for investment and making more and more money. |
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Gamblers use bitcoin for not giving any identification document and can do gambling in any age, online job seekers use bitcoin as payment for job, so their are so many ways for people to use bitcoin.
yes that can be right but i think there are so many other ways for which the use of bitcoin is too much easy and helpful. for example for online gambling bitcoin is one of the most easiest way to transfer money from one place to another. |
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:)If people lose faith in the security of the network for one reason or another then bitcoin could die. no matter how many times i look at the numbers i always have this idea in my head that an address could finally be cracked with a super computer ie one of satoshis old addresses, this would obviously be catastrophic . Maybe after years of not achieving mass adoption price will slowly taper off and die, to me this is the most likely case.
i think people will find other ways to use bitcoin but not going to die in any case. bitcoin is now becoming one of the most essential part of our life therefore it is now becoming difficult that bitcoin will die. |
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A BitCoin day is interesting. We should have one as it's going to be a big day in the future as it's probably one of the greatest inventions ever. If there is an internet day, then there should be a BitCoin day.
yes that is right bitcoin day will play important role in promoting bitcoin. i think it will be more helpful to introduce bitcoin in such area where people do not know about bitcoin. |
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I use bitcoin to buy all daily needs me and the family and partly I save for my future
Good to see you can use bitcoin to buy your daily needs, which means bitcoins is readily available in your local shops where you can buy with bitcoins. In my country there are not much options available in local shops so i mostly use bitcoin spending online or in most cases i have to convert my bitcoins in fiat and then use them for fulfilling my daily needs. Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline. It can be good to use a BTC debit card, but I think there aren't all countries who accept this kind of card on machines because of "flag". I already saw someone using it in Canada, probably in the USA it's allowed also. It would be the most simple way to convert BTC to fiat instantly, but are you sure there isn't any fee? Because the middle man service must charge something, no? In the past I considered those people very lucky one who were using bitcoin debit card as there was not any option for me which was easy to withdraw and use my bitcoins offline but now I am working on an exchange which is locally for my country so I am taking benefit from them.If anyone do not have the option for debit card then they search for any local exchange. You are right, If we can't just buy bitcoin with our debit card, we can do exchange online or outline. Online for example in localbitcoin Outline, I mean in real life, you can exchange bitcoin against fiat with your friends or people who you trust. So, Anyways there is not problem to convert bitcoin to fiat. Buying and selling bitcoins has become really very easier now and thanks to localbitcoins which is best and trusted place to do so as since beginning of my bitcoin journey I am using the same place to buy or sell my bitcoins and never faced any problem related to safety of my money. yes that is right to say that buying and selling of bitcoin through local bitcoins is a good way to use bitcoin. i myself using local bitcoins for buying or selling bitcoin, i always found it reliable and trusted. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
People who dont know about bitcoins may hate it.They may raise their doubts about security of investments in bitcoins.In their life,they would have come across many such economical innovations which turned to be scam.They may relate bitcoins with such scam projects.But we have to explain them what exactly bitcoin is and how it has crossed its early stage to reach today's price of $1100.If they still talk against bitcoins,then it would be better to leave them as they are.When they realize about bitcoins in future,they may regret. The best way to encourage people on liking bitcoin is by introducing them bitcoin talk or even get them to work on reading on forums to know more about bitcoin. Bitcoin is easy to self-thought because like me i become aware on bitcoin through forum by reading different topic so i may learned different things like signature campaign, tradings or even how to earn bitcoin or saving bitcoin through a wallet. If all people will start to read on bitcoin they may like the different characteristic of bitcoin. yes that is right and to me i think that most of the people do not know about bitcoin and that is the reason that they are not giving an y preference to bitcoin. but i think if they will introduce to bitcoin in a good way then they will surely give more preference to bitcoin. |
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I just tried a new Bitcoin atm that was installed about 5 min from my house. I purchased .10 BTC as a test and when I got the receipt after the transaction it had the current price of BTC at 1,300 a coin and it was less then 1,100? What gives?
Bitcoin is one of the most volatile commodities in the market today,it just happen that when you purchased it there was a price drop,but like all the other poster here,it will soon recover,try to check bitcoin price history for reference,I also experience that in my local exchangers so you should first and compare the current price in various exchange before buying. Most reputed exchanges will give bit high margin to buy Bitcoin and less margin to sell your Bitcoin. But the new sites will give your good margin to buy and sell your coins because of their site promotions. But dealing with old exchangers is better transaction fee is bit high, but they are safe. but to me i think the well amputated exchanges can give you quality service and as their income is more therefore they will give you more preference to you. and will give you good margin also. |
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If bitcoin completely gets banned in future then I think it will create an havoc in the minds of the people and will loose all their money and it will be very hard for those who have invested huge amount of money and it may even make them bankrupt and will become difficult for them to survive.
but i do not think that bitcoin will ever banned. Because the users of bitcoin are continously increasing and therefore bitcoin is becoming more and more powerful and reliable. i am hopeful that in future the governments are going to turn bitcoin as a legal currency. Now the Bitcoin is becoming more popular in digital currency world. But it's not possible to give assurance that the bitcoin will not ban in all country it may be happening in future, or it will become a legal currency in future. Anything can happen. If the Bitcoin ban people will use another currency to replace this currency that's it. Begining we face some problems, but later onwords we cvan adjust to other currency. yes i agree with you, bitcoin is now becoming more and more popular and we can see that more and more people are entering in the field of bitcoin therefore bitcoin is now becoming popular and so we can conclude that bitcoin bitcoin is not going to bane and hope that it will become more stronger than its present position. |
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It's good to have shops in big cities that accept bitcoins. But I guess it's not a big deal anymore as it can be use only for making bitcoin as another option. And store owners aren't going to risk their businesses for a 'bitcoin only' shop. It could be good for us if they are going to do that and it's a good way of advertising bitcoin too.
yes i agree with you that in big cities as the users of bitcoin will be more as compare to small and backward cities, but i think big cities are more expensive to start a new business, so you need to analyze your investment and then take a right decision |
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I do not place all my fund into Bitcoin. I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket. It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
I agree, you should not focus on one market because one market could fail and then you will lose all your funds, try to diversify and invest into more markets to ensure profit from everywhere, and the best one for us here is the alt coin market, investing in alt coins could turn out to be a good profit when the price of the bitcoin goes down. yes that is right to say as investing all your money in one place is a foolish decision, you need to distribute your money in different places so as to reduce the risk of losing all your money in one time. |
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true, bitcoin is freedom. freedom in business, freedom of choice, and the freedom to be rich people. bitcoin have the freedom to users, and I think it does have limitations. when have bitcoin, I kept thinking about the business that I could not do in the real world.
yes bitcoin can be consider as freedom. you do not have to visit a bank for withdrawal of your money, you can withdrawal any amount of bitcoin from your wallet at any time and can sent as payment to any one in any time. |
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Right now, I literally have zero amount of bitcoins. I'm just too busy to be active here but it's my vacation month and I found this signature campaign that's just right for the time of my vacation. It also do not require tons of posts per day. It only requires 10 posts per week and 1 post in their ANN thread. So that's 1 post per day with some occasional 2 posts per day. It doesn't distract me from anything since posting here sometimes is fun.
I hope that this Lunyr signature will be a success just like the other altcoin campaigns out there. It's based on ETH and ETH has a really good market right now. When the Lunyr ICO ends, the price of ETH will surely be even higher (hopeful wishing here).
So company signatures are practically the easiest and quietest way to earn. There is practically no risk and can not be. Basically, there is no deception, you just work and receive a reward. yes that is the easiest way of making money, but i think the most important thing is that you must be a good poster as you have to right good and effect posts for getting bitcoin from a company or forum. |
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i think if u're in emergency, ask for your relatives, cause u're no money and the way to earn fast is investment.
Thats the best thing you can do, ask to your relatives, they can provide you to what you really need especially when it is urgent financial problem. And after you need to find work to pay them back. Borrowing from friends and family is the best option if you need money desperately as they are the people who trust you and can understand your difficulty and urgency and can help you in your tough times but you have to make sure that you return them back on time or else it can also spoil your relations with them. and if your friend refuse to give me any money, as if he do not have such amount at that time. therefore to me i think the best option is to have some extra money saved in your account which you can use in disparate need. |
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You were right somehow i can't really say that bitcoin or crypto currency is the future of money. Things here are still on the experimental stage yet. However good thing about it is that it is growing and evolving
as the users of bitcoin are increasing from time to time and is there we can expected that nature price of bitcoin will increase more and more from time to time. |
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