I use bitcoin because I know that in the future bitcoin will become a financial payment media most widely used. all the conventional financial system will switch to bitcoin.
I thought you would not live in the future when the bitcoin be legal currency and is used by a lot of people dude. I think most people using bitcoin is because bitcoin is profitable investment |
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If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil. I would still cash out a few provided fiat could still buy products. If everyone accepts bitcoin it doesn't matter.
I think depending on the current situation, if bitcoin has been accepted by many people outside, and bitcoin prices soar, why bother to exchange for fiat, while you can use bitcoin to spending |
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Nobody is safe even the FIAT money I think but for me Bitcoin is more safer than FIAT in terms of robbery, so in short nothing is safe it's just how you can safe it.
Bitcoin is growing very solid and the indicators are showing very soon it's going to the moon. Fiat is old method but bitcoin is more safer and advanced to pay there. just getting older it will get stronger to survive, bitcoin young age is still very scary and very likely could die. so I think getting ahead of time running, the bitcoin will emerge stronger |
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Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.
yeah people know that using bitcoin then people will not know the intent of your transaction, then it is very likely that bitcoin is used for illegal activities |
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I believe that is it absolutely impossible that btc will destroy the bank system.
Beside its unpredictability, how could btc ever reach every country in the world? Think about the third world and remember: no internet no bitcoin.
I think that it is also impossible, for fiat still rule the world, and of course the fiat will continue to live because it is assisted by the government, so it is impossible that the bitcoin could make bank disappear |
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Yes,China sort of control bitcoin cos they have huge mining farm there and it just like in the real world the side which have a huge share of a company control must basic of the company, you know?
nope it does not mean China can control the bitcoin including bitcoin prices in general, bitcoin users is very large and spread out in various countries, not only in China, so I think China can not control bitcoin |
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I agree with some of the members who are of the opinion that you don't need to understand every thick and thin of something especially money to use it, once you know it has a value and it can buy you things you yourself start using it that's it.
yeah everyone has their own thoughts and of course they also have different favorite things. so if you want to make teenagers interested in bitcoin, tell about bitcoin that releated with things they like |
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Signature campaigns are meant to be a small bonus that you get as your normally post... people that take it as if it was an actual job are wasting their time to be honest. Those users that post like 30 times a day would be getting a better pay by having an actual job for their time.
I mean don't get me wrong, the payments on signature campaigns are the best ways for casual people to get some BTC compared to the depressing amounts you can get off faucets, but the people that take it as an actual job are missing the point.
You don't know other people's circumstances, therefore you shouldn't speak as if you were preaching the ultimate truth. You should first try walking in their shoes before arriving at such sweeping conclusions bordering on accusations. Also, could you name a signature campaign that pays for posting 30 times a day? If I'm not mistaken, no signature campaign as of now pays for more than 50 posts a week, which roughly equals some 7 posts a day. That's true, if you live in a poor country and have a hero account for example, it can make the difference at the end of the month and you will be here learning and making contacts, so isn't a bad deal for some people. I think there are many methods of getting bitcoin, not just sign camp. if you want to explore further into the course there are many methods, it does not take into account hero to be able to get a lot of income |
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It is already helping poor countries. In places like kenya and stuff there are people going there and setting bitcoin banks with the help of cheap computers and cheap smartphones, or even nokia type of phones throught SMS. An economy can be started with a single cheap device.
I think there is no urgency to use bitcoin for poor countries, unless they are using bitcoin to revenue and improve their economy and their country, |
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Yes, the government can prohibit cryptocurrency. It's in his jurisdiction. We can only hope that it will be wise and do not go so
I think although bitcoin is prohibited even if it will not give a big effect on bitcoin, even now many governments prohibit the use bitcoin, but it did not leave much of an negative effect |
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I don't have any investments or things which give me passive income but im really trying hard to make one but as we all know its not an easy thing to do because you would really need hard work and money in able to attain it. Passive in come means you earn profits without doing anything which is a really a good thing.
Many consider trust trading as a passive income. At the forum, there are several proposals for the organization of such services. Maybe you heard about it https://bitcointalk.org/index.php?topic=1432889.0It seems to me that it is not very safe. Trade is always a high risk. I would choose for a passive income, that something less risky first before doing trading keep in mind that you can afford if you lose,it's high risk indeed but also can make you earning high profit and it's fair there's nothing in this world which give you big profit and having less risk if you're earning money in normal way I think the trade is not a method of passive income, you will not be earning if you do not do the trade, may be different meaning if you choose altcoin investment, but it has risks |
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No one can tell the actual number of people who uses Bitcoin!
First of all, Bitcoin is being use anonymously. Second, it is decentralized so there is no accurate information for the total number of users. Third, many people has duplicate wallets in different wallet providers so again, the data might be inaccurate if you will based on the number of wallets created. And lastly, there are lots of new Bitcoin users everyday so the number continuously increasing!
which makes bitcoin users can not be calculated, I think not only decentralized and anonymous itself, I think all things can not be calculated with certainty, even you will not be able to calculate the total dollar users right ? |
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of course the main reason people use bitcoin, no other is to gain an advantage, I think you will not go wrong choice, because there are many people who earn huge profits as they invest in bitcoin |
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I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.
I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future I'm sure cryptocurrency never become the main currency countries. It always is and will remain an alternative currency. People do not like something new. And do not trust agree with what you say. what else there is nothing backing cryptocurrency in the sense that there is no guarantee that the use cryptocurrency will be safe, while using the fiat will guaranteed |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
true yeah I agree with you, look at the many benefits can you get when you use bitcoin I believe bitcoin just need advertising to let everyone know about bitcoin and they will start using bitcoin, I'm sure it |
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I think if the price went constantly down it would lose popularity. Price has to go up long term to keep new interest. Even with the current slow increase we've been having over last year or so its still not enough to get people interested. Bitcoin social media is quiet still unless we get new ATHs.
yeah I think that will make people interested in bitcoin when the price down, but waluapun prices hold steady with an increase that is not too large or can be said to be stable, it is not a problem |
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Yup. Certainly. Bitcoins will have a great future and it will stand for long term with fame and name. Many have come up and joined this community. It has become to large now. As the price is increasing now, more are joining and earning more. This would of course take Bitcoins more height.
yeah because there are a lot of users and will be many more users came they all live in bitcoin and income depend on bitcoin, on that basis I think bitcoin should have a bright future |
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Yes the price matters of the bitcoin and I think that its pretty important to have the price so we can see what is happening with it due to the fact that people are buying and selling on it.
If we do not have a price there will be less more buyers..
A value of something is really important and that is what and why we are working for. So basically if bitcoin has no value do you think that you would waste your time spending a lot of effort to earn some good bitcoins? Of course not, but because of bitcoins good price we are able to work harder for it because we know that it is valuable. The price is obviously very important to us here, we are more inspired when we see a good price and whatever we do we are all happy when the price of bitcoin is increasing because we feel that we are living in a progressive world which is the crypto world. because we knew that when btc rises up the value will be much better from our local fiat the more increase the better we got in our investment so its really matter to most of us here. Another reason is that if you invest your bitcoins not only the amount of bitcoins you have will increase but also if the price increases you get your earnings multiplied. I think for all purpose use in bitcoin either investment or currency, the exchange rate or the price will always be needed, bitcoin will not be able to live without the price, it is in fact |
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If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
Probably if i am in some emergency and i need money that bad and im desperate now in needing money i will apply for some good laons that they offer me good money and small interest of and i will pay that once i get ok and get out in the hospital and i will work hard again to pay that money. I think it really depends on how much money we are talking about if I really needed money I will probably go to the pawn shop or sell whatever I was going to leave at the pawn shop. I think it's best when you need money is to sell any valuable items that you've got it will lighten your burden, do not choose to borrow before you use this method |
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exchange is difference with wallet, an exchange site could be bankrupt or hacked easily, I do not know why but we better withdrawl our profit after di trading the save it into ou wallet.
I think instead of just hacking and bankruptcy that make the exchange sites closed. I think also because the owner is greedy and make the site into a scam and he brings all bitcoin from the user, it often happens |
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