Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?
Not in a hundred years, cash is far important it was used all over the world if one country stops the transaction of cash how can they trade with another country who used cash too? Some country ban cryptocurrencies so they only use cash if one country makes transactions to other countries it will not going match if one currency is digital and one is cash. People need to do more great research and studies before they use other currencies as a standard currency. The whole world uses cash.Every transaction is done by cash only.Cash is under the control of central bank or the governmemt so its integrity is maintained at any cost.Cash can be used anywhere and anytime as it does not require any internet connection.Cash cannot be overtaken by any cryptocurrency or dogital money.Many people still do not know about the cryptocurrencies and use only cash. |
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For someone who doesn't have any idea where and what to invest with, saving their money on the banks are just as safe path for them. They will always think no one can touch their money and that its value will always be as is. For someone like you who learned about BTC and some altcoins, investing to it is the best option.
I think saving and investing both are necessary for the process of earning money.Saving is done for future purposes incase we need money in any emergency situation then it is our savings that will help us.Investment is done to earn money in a shorter duration.Investment is also of two types,long term and short term.But investing is somewhatva risky process and it is worth risk taking. |
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In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?
It is possible but through the resistance of the blockchain and the bitcoin itself, it had been prolonged. Through the past years a lot of cryptos have tried to beat bitcoin but they have not succeeded. It is because even bitcoin is very volatile, it can still naturally conserve its value and adapt to the changing world. We cannot predict the future but seeing the position of Bitcoin in the market there can be a conclusion that Bitcoin will not become zero.Its users are increasing day by day and a lot of investment is being done by the people in Bitcoin because they know that Bitcoin promises huge returns in a short duration of time.People have Bitcoins and hold them for future price rise.The value of Bitcoin depends on the forces of demand and supply so if the demand is more prices will rise and vice versa. |
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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. |
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Both. But personally, I would say that it is 'more of an asset' even if it's also a currency. Here in our country there is a very limited options of businesses who accepts bitcoin. Few shops probably, I don't know about hotels and such. It is more of an asset because people invest in it for a return of investment and more and more if it. When you have BTC at least 1 BTC you have an asset. It's both but I personally treat it as an asset more than as a currency.
Actually bitcoin is both an asset and a currency.People hold their bitcoins for future as the prices rises day by day. People now have started using Bitcoin as a currency and they do transactions through Bitcoin.They spend their money from Bitcoin.People also hold their Bitcoin for future price rise because its value is very volatile.This is the characteristics of an asset like gold. |
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After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?
Bitcoin will continue to persist where people are interested in using / investing in bitcoin, the more people who are interested in using bitcoin the greater the likelihood of future price increases. Yes bitcoin will survive definitely in the coming years.The popularity of bitcoin is very high and is still is increasing day by day.A lot of people now have started using bitcoin because they know about the potential and demand of bitcoin.It is the topmost cryptocurrency and all the other altcoins and cryptocurrencies and regulated with respect to it.Whenever it falls,it recovers at a good pace always. |
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I think bitcoin has fully stretched itself and grandfather is about to retire, replaced by more advanced altcoyins with faster speed of the system! So now is the time to buy promising coins
It is always time to buy promising coins but it is a mistake bitcoin is going to be replaced that easily, if it was why no coins has done that despite bitcoin having the oldest technology? Because the devs keep updating bitcoin, because there is going to be a big improvement in the next months and years which will make bitcoin one of the best currencies around the world. Yes I think that the next decade will also be the bitcoin era.Bitcoin is very promising and many people depend on bitcoin in today's world for their day to day transactions and living.People have a lot of faith in bitcoin.By seeing the popularity graph of bitcoin,we can say that its demand is very high and more and more people want to enroll themselves in bitcoin.Investment in bitcoin is also very profitable too. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
Maybe for some reason it can be possible if someday a new existing cryptocurrency can be better than Bitcoin when it comes to benefits that will surely attracts many people to go beyond it. But as for now that Bitcoin behavior was still beneficial, I think it is still impossible and too far to happen right now because many people relies into this cryptocurrency that provides many benefits and also continuously rising into popularity. I do not think that bitcoin can ever be replaced by any other cryptocurrency.Bitcoin is the leading cryptocurrency till now irrespective of the recent price fall.On other cryptocurrency is nearer to bitcoin and no other cryptocurrency has the potential to overtake bitcoin.Bitcoin has a large number of users all over the world and more and more people invest in bitcoin as they know that the profit margin is very huge. |
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The coin that i will choose will be Bitcoin as it is the master of all the crypto. It is considered as one of the fastest growing investments of the world and has tremendous amount of potential to grow. You can easily expect it's price to be above 30k$ by end of this year for sure. Ethereum on the other hand, is also very good but i don't think that it will be able to surpass Bitcoin in the near future. |
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I think there are various factors that you must check before investing in an ico that proves whether an ico is legit or not. The most important factor that you must always look for are the ICOs with a working product as these ICOs have higher chances to be legit.
The other thing that you must consider is the idea of the project. Always look for project with unique idea as these icos have higher chances to grow in future.
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
I think Bitcoin is one of the better investments available in the market right now simply because of rates of growth. It is considered as one of the fastest growing investments of the world by many. It is the most popular crypto available in the market right now and is gaining popularity day by day. Considering its increasing demand you can expect even higher rates of Bitcoin in the future. You can easily expect Bitcoin to be above 30k$ by end of this year for sure. |
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ripple is one of the most exciting projects available in the market right now. It is a project based you the idea of global value transfer and real time gross settlement (RTGS). Many companies and banks like santaders and unicredit are adopting ripple for payment settlement. Santander bank will launch a payment app (Ripple partnership), today announced:  This is one of those projects which can truly revolutionize the current banking scenario and with more banks adopting it you can easily expect it's price to be above 10$ By end of this year for sure. |
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Yes. I do agree that bitcoin help decrease unemployment because it provide many ways for people to earn money and become financially strong. For example one can join signature campaign where one has to post on relevant topics and then he or she are paid accordingly. It just like getting employed at a company where one has to devote his time and energy and is paid in return. So bitcoin provides employment and increase the economy resulting in decreasing the unemployment.
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There are certain factors you should consider before investing in any ICO but the most important ones are -
1. IDEA - always look projects which are unique as these products have higher chances to grow.
2. Marketing team - a strong team is essential for better publicity of project as a strong marketing is very essential for an ico to raise a healthy some of money which will be needed for the development of the project.
3. Popularity - popular products tend to rise more quickly and are able to produce huge amount of returns.
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Hi, I have 600$. What is the best altcoins for long term with possibility increase 5-10x in this year. I thought about Litecoin (litepay), Lisk(near rebranding), EOS or Ethereum. What do you think ? p.s I want to buy 1 coin. Greeting from Poland  If you want to invest only in 1 coin and don't want to diversify your investment, i would advice you to invest.. in civic as it is a very capable platform. It is based upon the idea of identity verification which is low cost with help of blockchain technology. It also has a really strong devlopment team. You can easily expect the price of civic to be above 10$ by end of this year for sure. |
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In your opinion, What will be the top 5 alt coins to shine in 2018?
According to me, the top 5 cryptocurrencies which will surely grow in 2018 are CIVIC, VERGE, LITECOIN, MONERO and Bitcoin. Civic is a coin based upon the platform of identity verification with help of blockchain technology. Verge is a privacy coin which can surely boom in 2018. Litecoin is rumored to be the first crypto to come in mainstream. Monero can easily surpass the 2000$ make within 2-3 years for sure. Bitcoin is the master of all crypto and has tremendous amount of potential. It will surely be above 50000$ by end of 2019 for sure. |
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In the next year ETH will overtake BTC as the number 1 cryptocurrency. I would unload your bitcoin while you still can.
I think ethereum is a very capable coin and it is currently the most popular platform for hosting ICOs but i don't think ethereum will be able to surpass Bitcoin simply because Bitcoin is the master of all cryptocurrencies. It is the most popular crypto and without any doubt the most widely accepted crypto available in the market right now. You can easily expect BTC to be above every other crypto available in the market. |
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Bitcoin is a very good platform for earning money and become financially strong enough and become rich. This is all because bitcoin offers many ways to earn money and get started. Firstly one can start earning money by bitcoin mining. Second one can start trading bitcoin to earn money. Then one can also lend bitcoin as a loan and can earn money on the return. One can also get enrolled in a signature campaign where he or she has to post on relevant topics and then they are equally paid according to the quality of their post. Bitcoin gambling is also a thing where one can gamble the bitcoins and earn lots of money. But as it is gambling it’s a very risky job.
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The question is simple; Why should people invest in bitcoin?
State your reasons, and advantages of investing in bitcoins today.
I know there are a lot of newcomers that are coming into the bitcoin community every day.
I want us to discuss it here, so that we may help them understand what is bitcoin and how important its to invest in bitcoin.
Share your ideas, and thoughts below.
The reason why people invest in Bitcoin is the rate of growth of Bitcoin. Bitcoin, without any doubt is the fastest growing investments of the world and few years of holding Bitcoin can help you earn tremendous amount of profits. Higher returns are somewhat sure if you are looking for long term profits. It is an investment everyone should make as tremendous profits can be earned. |
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Hi,
Hope I posted in the right board and totally new to this investing bitcoins.
I got under 0.1 bitcoin lending on poloniex but rates are too low for a good return.
Where is the best place to Invest bitcoins with the best returns and lowest risk?
Thanks,
I think that the best place for you to invest your Bitcoins is in a promising ICO as ICO can help you earn more than 10-20 times of your investment. Always look for a unique project with a strong team as these projects have higher chances to be successful. Right now, i think VICE and LUNYR are the two projects which can be really successful in the future. You can also invest your money in some progressive altcoins like ethereum, monero and litecoin as these projects will surely grow in the future. |
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