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61  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: October 15, 2016, 03:43:56 PM
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
Not sure if everybody is going to make use of Bitcoin in 2022 because Bitcoin is easily something that people would say no to because they think it is to many work.
Or there are even people who do not use t because they do not trust it.
of course not possible for bitcoin to be able to have the whole human being on earth and even impossible it could happen. even to this day can not get any paypal users who reach the whole person? not because they are not well known, they are well-known and popular but not yet ready for the world's population with advanced technologies for several decades


Exactly its never possible that each and every person will start using bitcoin in coming years as there will be many people who will hesitate in using it and not be willing to put their money in it looking at the risk attached with it.
62  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: October 15, 2016, 03:41:50 PM
Im going to choose bitcoin ofcourse gold is not that accurate in price and people hard work to find a gold you can't earn gold from internet not like in bitcoin you can earn it everywhere in this forum trading , investment selling goods and etc.
This is  the  true advantage  of bitcoin  on to  gold  because you would able to earn bitcoin  online  and in  many ways  its either  investing or gaining it for free. Prices are  on concern too and the movement is  much  more  higher compared to gold but in value  i think gold would have the edge.

Gold will never go higher after certain level but there is no limit in bitcoins, we cannot image how higher it can go in future and the best thing about bitcoin is that you can even earn it in many ways.
63  Economy / Economics / Re: The dream of getting rich with bitcoins on: October 15, 2016, 03:40:06 PM
I have dreamed several times that i got few thousand of bitcoin making me millionaire within 1 night. But i know the chance of getting large amount of bitcoin accidently to my bitcoin address is almost zero.  Grin

That is almost impossible that you will ever receive huge amount of bitcoin accidentally and if  you are dreaming of it then you are surely wasting your time, if you want to get rich with then then only option left is to work hard on it.
64  Other / Off-topic / Re: Are you buying bitcoins? Why? on: October 15, 2016, 03:37:59 PM
For me price is high now, so I have kept buying on hold and not buying at current price and I am waiting for the price drop and if that happens then I will definitely buy some bitcoins.
65  Other / Off-topic / Re: Earning a living with bitcoin? on: October 15, 2016, 03:36:19 PM
I am lucky in a sense that three sites are opening in oct/nov so am hoping because I am high up in the positions that I will make some good amount of bitcoin and use that to invest in various long term activities. The one program will be a long term one that's for sure.
Can you please name those sites for our reference and are you sure those are the legit sites to invest our money into it? As when it comes to an investment its hard to trust anyone around.

I would want to know also to add up in my to do list. I dont want to be stuck with all this work that I am doing and want something new. Please provide more information and you got our thanks.

Its good invest if it is a legit place but we have to wait longer to make profits from it, and to earn a living with it we need to have income on daily basis to take care of our expenses and that is not possible with investment.
66  Other / Off-topic / Re: Any safe way to grow my bitcoins ? on: October 15, 2016, 03:34:21 PM
There's no safe way to grow bitcoin. Each method has it's own risk.  IMO, the safest method is holding bitcoin and sell it at the good price. But the profit may not big enough, it depends on your capital.

Yeah that is a good way to grow your coins, but you will feel good profits in it only if you have higher volume of coins and the only issue is that we don't know when price will reach on the top so that we could make profits from it.
67  Other / Off-topic / Re: use Bitcoin in daily life? on: October 15, 2016, 03:32:00 PM
Hi
Is there anything like this which will help me to use Bitcoin in my daily life.Like we have a map on the app or web.It shows people nearby you that are accepting bitcoin and services.Like someone living nearby Mcdonalds, he will add that i will accept bitcoin and let you eat at Mcdonalds(you pay him bitcoins..he gives cash to you).Same as traveling people nearby you add their services that for which things they can accept bitcoin.

Is there anything like this already.
I do not know where to buy any stuff with bitcoin. May be I have to convert it into fiat first, then I can use it for daily life. If there are any place near my home that accept bitcoin, the next problem is long time transaction confirmation.

Yes and if the problem of transaction time doesn't get resolved then most of the users will never prefer to spend them even if it gets widely accepted as it will really waste time.
68  Other / Off-topic / Re: Why are you investing in Bitcoin? on: October 15, 2016, 03:29:39 PM
I think that bitcoin is something phenomenal. I can get more profits. primarily by investing in altcoin trading.
if given the opportunity then I will use all my money for the sake of bitcoin.

Never do that mistake of investing all your money in bitcoins as if in future it doesn't perform as per the expectation then you will be loosing all your money at once which can make your life miserable.
I am realy sure that investing in bitcoin is profitable. I know the price will always grow up although there is still gonna be fluctuation. Litle risk no problem I think.

Price of bitcoin can never move only in positive direction, it may also fall dramatically in future as no one can have control on its price and that makes bitcoin a very risky investment.
69  Other / Off-topic / Re: What is Max amount of btc once you own? on: October 15, 2016, 03:27:43 PM
The maximum or largest amount of bitcoins that I owned was 20 btc, and I sold most of it when the price peaked at $670+. I accumulated most of it by shelling out a portion of my paycheck and buying bitcoins heavily when it's still at $200. Right now I'm doing the same, but the price is quite high on my profit margin and I'm halting it for the mean time.

Wow 20 btc is a huge amount to have in wallet and its good that you sold them and secure the profits, I had 5 btc and I sold them at $750 level before the halving and bought again when the price crashed after bitfinex  hack.
70  Other / Off-topic / Re: Why would customers use Bitcoins? on: October 15, 2016, 03:24:56 PM
the biggest thing, no sending fees!
Actually there is fee in bitcoin transaction its not completely zero fee while sending bitcoin. But better to say this is way lower than usual payment processor's fee.

I think he meant it cannot be felt much due to the low transaction fee. It is existing but the problem is it always took longer when the fee is lower that is why I am sticking with the right amount with the faster sending time.

Yes its always good to put some extra fees in order to avoid the delay in confirmation time, and when it comes to transferring bitcoins to bank account it hardly takes fractions of minutes with minimum fees.
71  Economy / Economics / Re: When do you buy Bitcoin ? on: October 13, 2016, 05:53:33 AM
im buying bitcoin when i thinking the price will be rising again..
for me buying bitcoin is a good method to growing my money
That is a good move for short term investment because we can easily predict the price of bitcoin when it started to rise, that will continue so at the first sign we notice the price is rising, we should automatically buy and just sell when it started to stable again.
Agree with you and buying bitcoin now is good to be capital in trading, if since more altcoin now is going to dump its price due to increasing of price of bitcoin. Stability of price is good for the earners and not good for the traders.
That's rights traders will never prefer price stability in bitcoins as it will never allow them to make regular profits but people who are earning or wants to invest in bitcoins will surely love price stability.
72  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: October 13, 2016, 05:51:41 AM
i think that bitcoin is good for investment, but if you want get more you can wait until the price down

We cannot be sure that when price will go down and if you are going to hold it for long term then even current price can be considered as a low price as it will rise in future.
73  Other / Off-topic / Re: Do you actively spend your bitcoins? on: October 13, 2016, 05:49:58 AM
For now i dont have bitcoin to spend, my friend just told me that i can earn bitcoin here like providing services and in signature campaigns.

Wow, your friend is so good to lead you here...Some don't let their friends know what bitcointalk is, and it is because of that, they don't want others to know about signature campaign...  Maybe you could check the services section for other job opportunities and not just in signature campaign... Good luck to that..  Smiley
I have friend that i convince to user bitcoin and i give my alt account with full member rank to start earning in signature campaign but later on my account got banned he do not know why but the opportunity to him is there if he give more care on posting.

That's great to hear that you took an initiative and gifted your account to your friend so that he can start earning bitcoins from signature campaign but you should also guide him with the rules and regulations and that will surely help him.
74  Other / Off-topic / Re: What can i do with 3 Bitcoin? on: October 13, 2016, 05:47:48 AM
You could start trading with with your 3Btc, if you could do little hard work you could manage to make 3btc to 5 btc in 2 years. Good luck

Three bitcoin to five bitcoin in two years lol then you make zero money with one 600 USD a year.
You can make a lot more if you are a good trader but the problem is that it's very difficult.
if a person is good trader then why is it difficult. i think there is nothing difficult in trading if you have some experience and sill in trading, you can make more and more money then in trading.
Yes, must do trading, Because through gambling is not possible it's just waste oof money and time. And he can able to do one more thing investing on trusted sites. But here also making 4 BTC with 3 BTC investment is not possible. Because one person is doing the same thing with 5BTC investment, still he not reached 6 BTC. So the better choice is Trading. But you have to be very careful.

Its not worth to invest money in any online investment sites as all of them holds negative impression and they will surely not give you anything in long run in fact they will run away with your investment.
75  Other / Off-topic / Re: Any safe way to grow my bitcoins ? on: October 13, 2016, 05:45:09 AM
If you don't know trading much, buy when price get dumped and wait till price get pumped. And better to sell when price start to get some small dump for correction. Even some lazy dudes can do this by simply checking bitcoin price and trading charts. No any elite trading knowledge is required and trading is obviously the sustainable way to grow bitcoin.

if you don't know anything about trading it is better not to do this either.
because it is not as easy as you may thing. you have to find out why there was a dump and make sure that there will be a pump after that and the price don't go lower than that.

Its a big risk to judge pumps and dumps especially in altcoins, but if you are trading bitcoins then you can identify what will be the next scenario according to the current trend.
76  Other / Off-topic / Re: The First Thing You Bought? on: October 13, 2016, 05:43:11 AM
i think the first thing i bought from bitcoin is that i load my mobile, and still i can do the only one jab and that is that i can recharge my mobile, and there is still no other facilities in my are to use bitcoin for.

Mobile uploads cannot be treated as an purchased made with bitcoins, its something like spending bitcoins on it, the actual buying with relate to buying something physical which is not possible at a moment.
77  Other / Off-topic / Re: In 20 years, what would you like to do with your bitcoin? on: October 13, 2016, 05:41:25 AM
It would be great if it would hit $1,000,000 because we will be an instant millionaires in just a blink of an eye but I think it's a little bit of funny because it is really that high. $1000 to $2000 won't be bad for it's price if it will go that again. In case that would really happen in the near future, I would use my bitcoin to buy a house and cars. I know it will worth it.

Majority of users will be satisfied even if it touches the price of $2k in future and even that price can make us rich if we have managed to save descent number of bitcoins, but the price in millions is never possible.
I would definitely be satisfied if the price of Bitcoin came close to $2k. I already can do what I want with my Bitcoin. If I want to buy something from the shops, I just my Bitcoin debit card and it works perfectly fine.
Yes that is a good price to hold and if have higher amount of coins then that price can make us rich for sure and I think we can touch that price in next 5 to 6 years.
78  Other / Off-topic / Re: Will you accept bitcoin as your salary? on: October 13, 2016, 05:39:38 AM
Bitcoin as a salary will be way to risky and most employees will not accept it. The price is way too volatile and if it crashes people will lose their money a day. I don't think that the people will take the risk. People will definitely not trust bitcoin as it seems so complicated to all the newcomers.

To newcomers or new to bitcoin, it will look very risky and complicated. But I think for those who are already used to receiving bitcoins, it will be different. It is quite a risk to take all your salary in bitcoin, but I think if you get half in bitcoin and half in fiat, the risk is minimized. And some of us can live with that.
Nothing beats experience of course, we are here for a long time already and I can say that we are matured enough to understand the risk of bitcoin and only risk we can see is the price volatility but for me that would be fine as I am a gambler by nature.

I think its an individual decision and if you are comfortable in accepting salary in bitcoins then you can go for it but for me I won't do that as price really matters for me and it can even go lower in coming period.
79  Other / Off-topic / Re: Is earning BTC can be good in the future? on: October 13, 2016, 05:37:40 AM
I know many of us are holding some bitcoinsin our wallets and still waiting for more high price to exchage. But we cannot predict the price motion of BTC five to ten years from now. It may increase more to its highest possible price or may go back to its original price. Can saving BTC be good in the future to spend?
Well I definitely think that saving Bitcoin for the future is a good thing. If Bitcoin does catch on, then you might make quite a bit of money selling it, or you could just keep the Bitcoin and spend it.

Yeah as we all know that bitcoin has a great future ahead and it will holding some really good price so its always good to save enough coins to make good money from it in future.
Well we don't know that Bitcoin will have a good future, but we definitely can hope. I would definitely recommend storing as much as you can though because the price is rising quite a bit.

That's right and in future as demand will go higher it will also take price to higher level, so I think this is the best time to collect as much coins as possible and save it for future.
80  Other / Off-topic / Re: Bitcointalk is a good way to get information about Bitcoins? on: October 13, 2016, 05:36:16 AM
Do you think that Bitcointalk is a good way to get knowledge and information about Bitcoins?? because Bitcointalk is very useful for me to get information about Bitcoin.

It is really that bitcointalk.org was a very big help to anyone here in this site. Aside from the very informative that it ca give to all of us here you will learn a lot of things through the different comment were you can get it to the members here.
Here in bitcointalk.org was so many experienced people that known about bitcoin very very well. The comment from legendary or hero member is very very good for you to get important information. You can find avery important information of bit coin talk here. About youtube or another google articles is for a newbie that still confuse about what bitcoin is. [phishing]org provide you the most complete information about bitcoin.

Its not that only hero or legendary members will give valuable information, even other members can do it as it will depend on the time they spend behind knowing and researching about bitcoins.
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