I don't think so that bitcoin will end because nowadays virtual currency is really needed in the virtual world and I think bitcoin is the suitable virtual currency in this virtual world. Nothing can replace bitcoin because it is the strongest bitcoin nowadays. As of now, it can't be replaced by any cryptocurrency because it is still the strongest cryptocurrency in the market and i believe that bitcoin will bring a lot of possibilities in this world and not only in virtual but also in the real world. Bitcoin has a lot of potential and it can be maximized if we are going to accept and implement it. |
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My first experienced was very bad with Bitcoin.I first heard about Bitcoin from my sister.Than i try to hardly involved with Bitcoin.I started in 2014 when BTC value is very low.First time i invest some BTC but i lose my money.Now my income is not bad.
That is a bad experience because you did not keep your bitcoin for long term holding because you lose your bitcoin and for me, it is still not late to get a lot of bitcoin because with your capabilities and if you will have a lot of determination and perseverance, i believe that those money that you lose will not become a big deal in the future. |
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Actually the only time I use my BTC is when I really really need something to pay for my bills or buy things I need at home but it's just occasional that I use my BTC. Mostly I convert them to our own local fiat currency so I have something to pay for the needs but it is like once in a blue moon though not unless my cash runs out.
That is what you should do in order to use your bitcoin properly. Using bitcoin is not bad because if you will use your bitcoin into the situations that you really need to do it and if it is valid then you can use your bitcoin but the only bad thing for using bitcoin is when you are using bitcoin to pay your wants and buy something that it is not necessary. |
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I didn't fall for the hype of bitcoin cash but i know a lot of my co-social media users and users of bitcoin that they fell for it because they know that bitcoin cash will continue to go up even higher than the price of a half of bitcoin so they just keep buying and buying and right now they lose a lot of profit because of their greediness.
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Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I store my bitcoins on an application in a mobile phone or Android phone, I do not know if it is a cold storage but I know that it is an online wallet because I cannot access it without an internet connection. It is much easier to use because it has an application in a mobile phone so I can easily used it or I can see if I am lossing money or not. And it is pretty easy to use I have no complaints about it and any violent reaction because you can easily convert you bitcoins into real cash using a bank yes they have a partnership with a banknthat it pretty cool. If you are capable of getting a hardware wallet then you should get a hardware wallet because that is the best and safest type of wallet for bitcoin and it is helps you to avoid hackers online because hardware wallet are offline and they are encrypted so they are so safe to put a lot of loads of cryptocurrency whether it is bitcoin or other type of crypto. |
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There are many advantages of Bitcoin.I try to express Some advantages.
The Advantages of Bitcoin-
1.Bitcoin easily BUY/SELL any exchange.
2.You can buy any product from online by Bitcoin.
3.Billing hotel by Bitcoin.
4.Traveling by Bitcoin.
I agree with you for number 1 , buying and selling bitcoin is very easy because you can do it easily by going into a site that allow buy and sell bitcoin and then you can withdraw your cash from bitcoin and use it. But for those the 3 things that you stated, i don't think that it is true because those things are only limited to the online shops, hotel and other countries because bitcoin is still not widely accepted so it still needs a lot of time before we can do those number 2-4 things. |
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When I first hear it I know it is a coin, a digital coin that could cover illegal transactions on deep web. I do not know it has a good purpose in the surface web. I do some research and then I realize that there are already bitcoin ATMs in some first world countries.
P.S. Don't be mad at me since it was my first impression about the coin.
There is nothing wrong with your statements because that is true that bitcoin is being used as a way of paying things in the deep web or in the black market and since bitcoin is anonymous, a lot of people are using that in illegal activities but even though bitcoin has that feature, it is still a good currency because it is bringing a lot of possibilities and opportunities to different people. |
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The only way to destroy bitcoin is to shut down the internet. There will be no way to transfer bitcoin from person to person since the internet is the essential tool to perform bitcoin activities. Unless they would develop offline bitcoin or else the widely used payment method is through fiat money.
You're wrong, bitcoin can be destroyed by another cryptocurrency. Yes, you read it right because if there is another cryptocurrency that will be popular and better than bitcoin then that will become the reason for bitcoin to be destroyed and there is already a lot of altcoins in the market that can compete with bitcoin but i believe that bitcoin is still stronger than them so the destruction of bitcoin will not come fast and it will take a few more years. |
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I don't think that it is too late to get involved into bitcoin because if you believe in this opportunity and technology then i think that it is still not too late to get involved with bitcoin and the community. Just believe in yourself that you can still make it to invest in bitcoin and always try to discipline yourself to hold it for a very long time to get the best out of bitcoin.
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Are you a bitcoin fan? Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis. But how did you first hear about bitcoin? Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time? Share your experience with us.  Yeah, I am a bitcoin user and bitcoin fan as well. I definitely spends a lot of time on bitcoin. I heard bitcoin from my classmates which is a bitcoin user. You should be thankful that your classmate share bitcoin to you and you should be working hard everyday to not waste the opportunity to earn a lot of it and don't be excited to spend it because when you spend your bitcoin or sell it then you will not be able to get back that. Just keep working and collecting bitcoin. |
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Yes it's true, bitcoin is not a gambling that you take a lot of risk by playing it because you are investing your money. I know there are some gambling sites that you can use your bitcoin to play but you cannot still considered bitcoin as gambling. Bitcoin is not a gambling because it has its own risk and system that the gambling doesn't have. Gambling is when you are risking your money into a game that doesn't have any assurance. Bitcoin is risky but it has still assurance that in the future, it might be a very mainstream currency and become one of the most popular way of transacting money through the internet. |
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I agree at this. Bitcoin is bitcoin forever and there is nothing that will replace or change that. A lot of rumors says that bitcoin is being replaced by bitcoin cash but bitcoin cash is now crashing and dumping because the whales already have a lot of fun in that market and make a lot of profits and i think that bitcoin will just bounce back after a few days because the hype is just calming down.
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Bitcoin is a best currency to keep with us. each time i sell my bitcoin, i get a huge profit due to the increased price of bitcoin Bitcoin is life for many people here.
If i were you, i will not sell my bitcoin just to get the money and i will just keep it or invest it to grow it more instead. Bitcoin has a high price but if you noticed that the price of bitcoin is keep on rising so i think that it is the best option for bitcoin to be kept and just establish another source of income for you to still get the things that you really need for daily and monthly basis. |
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Yes, bitcoin is now becoming the new era of crypto currency. As of now, it is becoming more and more popular to people. Many users are also becoming happy with their use of bitcoin. And also, bitcoin is a really good type of crypto currency. You are mistaken, Bitcoin is helping the cryptocurrency world become popular more in worldwide, it was a cryptocurrency and maybe, it can create a revolution in the economy system of the world. But remember, Bitcoin needs to against the government and the Bitcoin community need to have power help Bitcoin can does that  I agree with you that bitcoin is helping the cryptocurrency world to become popular and to gain more attention from people because bitcoin is the representative of the world of cryptocurrencies and because of bitcoin it helps a lot of people to become rich and reach new milestone in their life and that is why bitcoin is getting a lot of investor too because of its benefits and it helps the cryptocurrency world to be known as another type of opportunity in the internet. |
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If you still want to invest then this is one of the best chances to do that because the price of bitcoin is falling down and buying from a lower price than the current price of bitcoin back in the few days is the best to save money and get more bitcoin. Don't think about being late because you can still invest and just hold for long term to get profit.
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
There are people who are against bitcoin because of their own experiences with it. They became against to bitcoin maybe because they lost a lot of money to it and they didnt become successful in their life. Also, one of the reasons why they are against bitcoin is that, they think fiat money is better than bitcoin. They think like that because they dont have enough knowledge about the usage and capabilities of bitcoin. One of the main reasons why bitcoin is not good for other people is they are lacking of experience in technology and they are just close minded people who are usually get victimized by the online scams in the internet so they turned into a close minded person who always think that all the opportunity in the internet are scams and just a way to steal people's money. |
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I shop lots of backup copies in the cloud storage.
I expect they are all encrypted ? ^^ Yes, bitcoin is the best with inbuilt encrypted security measurements to keep with you and the bitcoin price and the value will increase more I hope the future of the bitcoin is increasing and now almost all the people are having the worthy price and the high demand. I am very sure bitcoin is very safe to keep for the long time and the price of the bitcoin will increase with the time I know the value of the bitcoin is helping a lot of the people and the reason is why all the people are buying the bitcoin If you want to keep your bitcoin for long term then you should have a safe cold storage wallet that is designed for long term holding because that is the best way that i know that you can use to store a lot of bitcoins. I believe that bitcoin will cost a lot of money in the future and we should not lose the chance by selling or misusing the bitcoin. |
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We speculated a lot of things because we believe in the potential of bitcoin that in the future its price will continuously grow.
I also believe in bitcoin that in the future that its price will grow a lot and this current price of bitcoin will just become cheap looking price after a few years because the price of bitcoin will be at least doubled or tripled from the price right now so i don't think that there is something to be surprised by the price right now because this is all expected by the investors or holders of bitcoin. |
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It is because of the demands that are in the market so that makes the price of bitcoin goes up very high and because of those demands, it made bitcoin as a very expensive cryptocurrency but it is still not a permanent price because bitcoin might go up or down in any moment because it is decentralized cryptocurrency so anything can happen in the market.
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My opinion is it's never too late to buy or own bitcoin. Bitcoin's price is really volatile, it changing any seconds/minutes. My advice to you when you are buying is to buy on dips, you need to wait the time. Also, you can hold it for long term if you are buying bitcoin.
That is one of the best strategy in buying bitcoin is to buy at the dips because the dips will give you a lot of discount and opportunity to get a lot of bitcoin in a very cheaper price than the normal price that you are seeing in the market. Buying bitcoin is never too late because for me, as long as the price of bitcoin is not around 10,000 USD or more then it is still a good choice to invest. |
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