What are the chances of living in a world with no actual money ? In the future we will pay the costs in smart ways, maybe cash will disappear altcoin replaced it is possible. I don't think that the cash will be going to be replaced by the altcoins because they are not doesn't have a fixed value so it is risky for the people to use it everyday because they can't stick with the fixed value that will become a basis in pricing for the items in stores. Altcoins are also not safe to become the main money in our world because it will attract hackers and a lot of people might lose a lot of money because of the lack of knowledge in securing their wallet.
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It vecomes harder to own a bitcoin if your not persevered of having it,you dont need to have a whole piece instead start on a portion.make it grow,just make sure to put in the right investment u wont even notice that your owning even 3 bitcoins.thats would be the outcome of your success if you do the right thing instead of asking HOW HARD IT CAN BE.
I agree with you. It is about being motivated everyday to grind and work hard to earn bitcoin and just like you said, you just need a small portion of bitcoin and if you know how to grow it in a right and good way then you can grow it up to limitless amount of bitcoin and that will shock you because once you focus on reaching it rather than complaining then it will just become easier for you to reach it. Keep concentrating on your goals and not to the negative things.
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Do not be greedy, man! You should set your clear target. We invest, we don't gamble. Good luck to you!
That is true. Every investors should set a target or limit on when they are going to stop investing and if they will hold it for a longer time or not. A good investor plan all the things first before investing and not just buying endlessly because that is not a good idea and it will just lead you for getting losses and in the future, you will not become successful because of the losses that you will get.
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself. What lead you into bitcoin world and what's keeping you here?
Bitcoin is a field of money for me, in the future Bitcoin will surely be in and allow as a payment and currency, Bitcoin is already allowed to become a payment and currency but it is just allowed to the people themselves because the government didn't trust bitcoin yet but i think after a few years, we can see bitcoin that will become a popular currency and form of payment because the other countries are doing that and it is not bad to expect the same thing for other countries.
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It is never too late to buy bitcoin, specially now bitcoin price, they say will reach the symbolic sky. Also the bitcoin is our future currency. Many people still haven't heard about bitcoin so bitcoin will continue develop and grow in different country.
I agree with you, bitcoin will become more popular in different countries and because of that popularity, it will create more demand for bitcoin and that will become the reason for bitcoin to pump its price and soon it will have different adoption and pumps in the market at the same time because of the growing amount of supporters and its system and technology will be improved a lot for sure.
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Actualy there are some country already declare bitcoin as an iligal but still some people are using bitcoin in there country even they call it iligal because bitcoin is untraciable
Being untraceable is not an illegal thing and they are just banning it because of that threat that the criminals might use it to transact more illegal activities than the current volume of crimes back then. They will not make bitcoin illegal worldwide because they know that even there are accusations about bitcoin for being a bad currency, there is still a lot of positive things that we can see in bitcoin.
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It was in 2014 when me and my friends wanted to make money. So then we knew about btc and tryied to get some. So thats how we started
I hope that you bought bitcoin back in 2014 and hold it until today because if you guys did that then you already have a lot of money for sure. Just keep holding bitcoin and if you are working to earn bitcoin then just keep doing that because that will give you more bitcoin and always put in your mind to keep holding it no matter what happen because who knows that bitcoin might become very expensive in the future.
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I do not think it's greed. I think it's just a smart way to maximize profits. As long as you're not troubling yourself, I mean you can still meet your needs, you do not really focus yourself on holding bitcoin, then it's not greed. Greed is not good, we should not be greedy, but I do not think it's greedy.
I agree with you that it is just the smart way to maximize the profit in bitcoin because with holding bitcoin then you can get the potential to get more profit in value of USD because when the price of bitcoin in the market goes up then you will be earning too because the value of your bitcoin appreciates and goes up so it is better to hold than selling or converting it into fiat.
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I can see that many people advised on working and buying bitcoin steadily. Good idea
I agree with you that it is a good idea because if you will continue buying bitcoin then you will have a good amount of bitcoin for long term and if you will just hold them for long term then you can be rich after a few years. Working in bitcoin also is a good idea like doing signature campaigns and freelance will give you profit that can be added into your portfolio for long term.
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I think bitcoin has high technology, popularity and high price.
Even in technology is enough to say that people should use bitcoin because with bitcoin they can easily transact like purchase or transfer money from point A to B without a hassle because bitcoin is here with the great blockchain technology which is safe from not requiring you personal information and keeping you to stay as anonymous and also fast because it just takes a few minutes before you get your bitcoin to get confirmed.
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people hold bitcoin because it believes the price will continue to increase more than the current price
That is true. That is why a lot of people are now holding and keep buying bitcoin despite of its price because of the belief that the price of bitcoin will go even higher in the future and for me, that is really true that the price will go up even more in the future. If i were you, i will just accumulate and hold bitcoin for long term so i can sell it for at least 20,000 USD market's price.
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And we must prepare for such a scenario, although the chances are minimal. But my guess is that in case if Bitcoin goes down and another crypto-currency replaces it, it may be one of the Bitcoin clones rather than one of these proper alts such as Ethereum...
Even though there will be a down for bitcoin then it is not enough to tell that bitcoin will be going to replaced by another type of cryptocurrenecy like the ethereum and other type of its clone because bitcoin is very strong and it already passes a lot of problems and hindrances and that is enough that bitcoin can survive for more long years and it will not be like yahoo in the future.
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You should wait for some dips on the market because if you are inpatient then it will such a loss for you to invest in bitcoin right now but if you want to invest and take advantage of the growing market of bitcoin for long years then investing your money right now is a loss but a pure opportunity and just like the most, just invest and invest and keep growing it and sell it when you only need the money.
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why some country banned bitcoin? is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
It is because governments cannot tax crypto currency and they cannot get income tax from it. A lot of people are earning a lot through crypto currency, their government are missing a lot of taxes because of it. Some people gave up their jobs just to focus on crypto currency and trading. Their government see it as a threath. They will tax it in the future though that is one of the small reason the other is really they find that bitcoin is only using in deepweb sort of they say that all of bitcoin is intended only for deepweb transactions though it is not because there are lot of people getting money using bitcoin and we are one of it. I think they should investigate more if they ban bitcoin. That is what they only know about bitcoin, they just know that bitcoin is being used in different illegal transactions so they just think that bitcoin is a bad influence for the people to use it as a form of payment. I agree that they should investigate more about bitcoin so they can find out interesting things and so bitcoin can show that it is not just about the illegal things because it can be used also in legal and profitable way.
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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?
Future altcoin can be accepted as a form of payment for the payment of buy-sell. But now it is still a big challenge. Without the future altcoins we can make the cryptocurrencies right now as a mode of payment because it just need to be accepted and the businesses whether online or offline just need to adjust so they can start accepting altcoins and other type of cryptocurrencies like bitcoin as a form of payment which can help them to gain a chance to earn more because of the volatility.
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I don't convince or encourage someone to invest in bitcoin because if they are not interested in bitcoin then i will not try to convince or encourage them because that is not my forte and i just explain and after i explain about bitcoin then it is up to you if you will invest or not and if you are going to invest then i will guide you but if you are not going to invest then fine.
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People are attracted to bitcoin because they know that bitcoin is the primary and the main type of cryptocurrency and because of bitcoin you can also get the other cryptocurrencies so it is like the best option to start rather than the other cryptocurrency because with bitcoin you can get all the cryptocurrencies that you want while if you start in other cryptocurrency then you will not be able to get the others.
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I use mostly blockchain because most of my friends also uses this wallet. Blockchain was also my first wallet that i have made when i began with crypto and bitcoins.
I know that blockchain is very popular and its very safe you musn't get hacked though.
It is not very safe and it is not true that you will not get hacked in that wallet because that is risky to trust storing your bitcoin online and it is better for you to just download your own desktop wallet or buy a hardware wallet to store your bitcoin and other cryptocurrencies and that is when you can say that your wallet is safe.
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I use my bitcoin occasionally because i don't feel like using it too often because it is valid for me to use when i see opportunity where i can use or invest my bitcoin and most of the times, i am just holding it for long term and waiting for the price to go up very high and i will sell at that time to secure some fiat income or profit and do the same thing again and again.
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Bitcoin as a mode of payment is a very awesome currency because it is fast and also cheap in fees and within a few minutes of waiting i can fully receive the funds that has been transferred or sent to me. Bitcoin is a very ideal mode of payment for the businesses and i hope that in the future, it will become a complete and fully legalized mode of payment.
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