I like bitcoin because its value is the highest value among all the currency virtual or not bitcoin is the highest value of currency today. It is decentralized and anonymous in the transaction.
Bitcoin is not totally anonymous since you can find the transactions in the blockchain network so you can get exposed if they know your bitcoin address and your all transactions will be showed in that network. Bitcoin is decentralized which is one of the best thing about bitcoin because with bitcoin we can have a comfortable mode of payment. |
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Men are always the traditional type of person that is always looking for opportunities and that is why the population of the cryptocurrency users are more into men rather than the women and if there is women user in bitcoin then they are mostly housewives which they are in bitcoin because they want to help their husbands.
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Bitcoin has many advantage and all of us are know about the good of bitcoin or the advantage of bitcoin. I am from the Philippines and Jack Ma said that if the Pilipino used cryptocurrency there have a big chance that a poor country can become rich.
too many prediction that bitcoin can be reach $20, 000 in just only 6 months.
It is really possible for them to become rich if they will just use cryptocurrencies because earning process in bitcoin and other cryptocurrencies are fast and possible and that is the advantage of bitcoin compare to others and if they will take it seriously then there is no doubt that majority of the people there will become rich. |
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Yes, because they are losing customers. People are now beginning to see that you can make more money without having a bank. So they will actually lose their customers.
If more and more people will use crypto banks will fail.
I agree with you. A lot of people are now realizing that it is better to put their money outside the banks because there are more opportunities outside the banks to earn more money like the cryptocurrency where they can earn a bunch of money and i think that is the reason for the banks to be scare for the cryptocurrency and because of that they are now making moves to regulate that threat by regulating bitcoin and other cryptocurrencies in their countries. |
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I think we can all agree that bitcoins are safe but really depends on the person keeping the bitcoins. If you really do value your bitcoins, you should be smart enough to keep yourself from connecting to suspicious internet connections and transacting without a safe vpn.
To be safe in the cryptocurrency world, we should not trust people easily, we need to make sure that we will make a transaction to the people who are trustworthy and have a trusted reputation. If you want to just be safe in cryptocurrency then do not share any details of your bitcoins to the other people so they will not have any idea of your account and so they will not get interested for hacking it. |
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No I am not using it because if you hold all of your coins you can actually make more money that you are spending. It is not worth to buy a game with bitcoins while you can wait and have more money.
You can buy after that a lot more games if you want.
I agree to that. That is what the gamers that using bitcoin should think and make that as their mindset. They should not use bitcoin to buy games or things in the games that they are playing because it is better for them to just wait for the price of bitcoin to go higher or just find another source of income to provide extra money for using it to buy games and their wants. |
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When their countries started to make bitcoin legal then that is the time i think that bitcoin will be accepted in their business because if bitcoin is accepted and fully legalized in their country then it will be easier for them to not have problems with bitcoin because it is legal and they can just accept it and use it like a regular money.
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Only few countries actually support Bitcoin especially the developed ones.
The good thing about it just like Fiat is that you can store or exchange and don't have to worry about people liking it or not.
As long as the bitcoin is not banned in a certain country then you can just buy it and keep it on a safe place. People are still not liking bitcoin because they are doubting about the power of bitcoin and they know that it is very risky but if they just study the system of bitcoin then they will understand how good is bitcoin and that will turn them into a risk taker and could possibly earn more money because of just taking risk. |
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bitcoin is a virtual currency that has a function equivalent to fiat currency even today the price of bitcoin is fantastic.
But along with the popularity and progress of bitcoin some users take advantage of bitcoin as a valuable asset and as a valuable and valuable business asset. And bitcoin teleh advancements bring great benefits to economic changes of each user
Bitcoin is a very great opportunity and an asset for other people because it keeps giving them money or profit to be use in their life and to get the things that they want in their life. Bitcoin is a very valuable asset and also currency because with it, we can grab a lot of opportunities that we can see in the world of bitcoin to earn more money or bitcoins. |
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Yes you should be scared of the hackers only if you are not good at managing your account for security purposes. If you know how to manage them very well and you know how to avoid getting hacked then there is nothing to worry about the security but if you are really concerned of the security of your bitcoin then having a hardware wallet is a good relief for you.
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Don't let anyone know your private key, always set 2fa code or two factor authentication in that way hackers cannot easily get any information, Do not connect your devices in public place, Do not click any suspicious link. Those are things that I always remember to do to keep my account secure.
I agree with you. That is the basic things that can help us a lot in securing our bitcoins and preventing any hackers that can hack out accounts. If we are going to have a strong password and enabled 2fa then it will become impossible for our account to get hacked and with the right practice for being conservative in managing account then it will become very easy for us to keep our bitcoins safe. |
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Bitcoin is actually more suited to be an investment rather than a day to day currency. I still suggest you to buy some and hold them instead of using them, and treat them as 'gold'. If services like fast food restaurants decides to use Bitcoin as a payment method, maybe they can come out with a method that allows for no fees between accounts, but this is just a suggestion. Existing methods including Bitcoinpay, but it still charges a fee of 0.8%, not completely free.  Yeah, right now I think bitcoin is more advisable to be used as a form of investment instead of a regular currency to buy daily needs such as food. In my opinion it is a waste to spend your bitcoin as soon as you got them, they would earn more and you would get the most of them by holding and waiting, then after selling it and earning your profit you can easily exchange it with a fair amount of fee to your regular cash. Bitcoin is the best type of investment and we should not just random spend it into different types of stores online or anything that we can pay using bitcoin because it is still better to stick with our fiat money or cash in buying things so we can save money and so we can keep the opportunity in our side because it is best to keep bitcoin rather than spending it because of the growing market. |
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I believe so if we take into consideration the profit that we gain in bitcoin over a certain period of time compared to gold. Both have their pros and cons but if we are considering the idea of gaining huge profits over a decade, i think investing in nitcoin would be better. however, investing in bitcoin is way more risky than with gold so absolute caution and observation must be applied.
Bitcoin is just riskier than gold but with a proper management of bitcoin from its users will give bitcoin a possibility to outperformed gold for a lot of years. Gold is just good because of the stability but if you know how to take risk and how to analyze the market then bitcoin will be the best option for you because you can earn a lot of profit in bitcoin in just a short period of time. |
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It is very easy to kill bitcoin for the people who are in the government side because they know that they just need to create a law that will tell people to not use it and completely ban bitcoin and that will kill bitcoin because the miners will be going to decrease because people doesn't have a right to do it anymore since bitcoin is already ban.
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Most of the people here in my country are still clueless about bitcoin because they think that this is just a scam or joke that will not bring any positive or good thing for them. Bitcoin is a really great currency and Japan is one of the very first country that believed in bitcoin and fully adopt it and you can see the progress of their decision in the status of their country if we will look at the performance of bitcoin.
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I am not familiar what an altcoin is, where altcoin is used, and how altcoin was used. But in my own opinion, bitcoin will not die when altcoin dies because bitcoin has it's own value. Bitcoin doesn't depends on other coin to rise it's value. Bitcoin is said as the number 1 coin in the market cap now so if altcoin die, bitcoin won't die because they are different.
Altcoin is short term for alternative coin and they are mostly alternative for bitcoin and all of them have different kind of responsibilities and projects that any people can use. Bitcoin is the mother of all the cryptocurrencies but i don't think that if bitcoin dies then altcoin will die also because they are not connected because they have their different network which can stand with or without each other. |
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Maybe because a lot of people follow what is mainstream. Even if they know that there are a lot of cryptocurrencies, they still follow BTC because they think that the other have no leading position, and choose best one of 1000+ alt is impossible.
Actually bitcoin is playing a very big role in economy of many countries and it have already reduce unemployment in many countries as well and day by day its users are going to increased and its price is also very high than any other currency so I think these are the factors which make bitcoin very popular in world in a short time. The price of bitcoin really attracts the people to get into it and invest their money in bitcoin because that huge price and also almost non stop increasing on the price really makes the people excited and attract more which resulted for having a lot of demand and popularity and made bitcoin as the most popular cryptocurrency compare to others. |
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Yes I will live in a country that use bitcoin as an official currency. Why? It is an opportunity for me to earn. It is an opportunity for me to invest. It is an opportunity for me to get know more about bitcoin. Because people who are resident in a country that uses bitcoin as an official currency knows a lot about bitcoin. They knew a lot how you will use bitcoin in a right way.
I don't think that it will work like that because if there is country that only accept bitcoin as an official currency then it will be impossible to have a peace of mind in that country since bitcoin is volatile so there will be no price and the place will just be on a chaotic mode because people will be on panic in using bitcoin as an official currency. |
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social media for bitcoin is very effective because bitcoin currently requires enormous promotion, and social promotion proves to attract huge investors and can make an ICO a success. because now everyone has a social media as a medium to communicate.
Social media is a great way to promote something and promoting bitcoin using social media is one of the best thing to do in order to spread awareness to the other people who are not yet aware of this kind of opportunity. I already started using it by posting some pictures that has some information about bitcoin and it resulted to be good because some of the people who viewed it already messaged me and ask for some guidance and i am willing to answer and guide them. |
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Yes you should! Because of its growing value in the market cap. You can lose opportunities about bitcoin if you will not invest on it. Your money invested here will be doubled, or greater than what you have expected. So I will prefer to invest in bitcoin.
It is better to take the risk than sorry and to be able to feel safe with your possible investment in bitcoin then you should just put the amount of money that you can afford to lose so you will not regret it a lot of if you will lose that investment since you can afford it to lose and it is not that big deal for you and overall, at least you took the risk and tried. |
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