A lot of people on this forum do not want to give merit and it is very hard to get it after the new rules went in place and now people are just being selfish with it because they know that others need it to increase their ranks.
Merit is unfair in a way that it is hard to own it. What they say it needs quality post, but I think its not only quality post because as what had experienced it base on how many friends you have who can give merit to you. People is focusing more on their own which can lead them not to read some post thats why merit can't easily be given. You will find ways it will be read to someone.
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Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere
What is your response with this opinion?
Bitcoin is open to the public (old, young, poor, rich, males, disabled, women, race, religion and position) but until now Bitcoin still cannot be used as a means of payment, we'll see in 4 to 6 years again, will be allowed as a means of payment or only allowed as a medium of exchange. It simply means that it opens to everyone, all of us can access bitcoin as long you want to be part of bitcoin. But before anything else make sure you have your gadgets and internet connection with you for you to sign in your account. For now, not all knows about bitcoin so let us help in order for it to be popular and known to all people.
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When the bitcoin goes sky rocket high, then its time to cash out those coins. Either spend it for insurance of your loved ones or use it so start of your passion business. You could also keep it for emergency money. What's important here is to not spend it in gambling or waste it.
Simple, use it wisely. Only important thing or the most needed thing you should buy to,because money easily disappears. In my part, I will buy it house and lot and create a small business which can help my daily needs, and also I will continue to invest bitcoin again and again.
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Do you think these people especially the people here in the forum will patronize btc if it ain't worth the time and money? Ofcourse it is worth the time and money. As long as your earning, it is worth taking.
Giving your time and investing money in bitcoin is worth it, because it can give you profit.Patience in waiting and time management can be paid off as long it is with you always and you do your job well.
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In my point yes you are right, let's say having a fixed income is much more better rather than having unknown income amount on doing bitcoin but have you ever considered also problems and stress you encountered during work time the moment you want to shout and smock someone have you experienced it in BTC? Having a fixed income is good but do you have fixed need like fixed bill? Fixed transportation expenses? Fixed food consumption? Tell me...
For me both should be keep, but the answers is within us individuals or depends on the situation. For me, having a real job is important to practice our profession. It gives benefit such as health insurance and retirement fee while in crypto world, it gives high profit but it doesn't have benefits.
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I think that the big hype about bitcoin has already happened. And about the usage rate, I can't see how far it can go from here. I agree that there are a lot of people that waits to enter the market but they can't because a large percent of the exchanges are closed for new members, but almost everybody in the world has already heard about bitcoin and I can't see how far can it go from this point. We need to have a massive change for the bitcoin network if we want a new big hype to begin.
Right you are - the hype is over, and probably we will not see such a high and fast growth of Bitcoin, but sure it will gain. hem Bitcoin journey is not that easy to do. Though ups and down occur,always stay or think positive for it. The price is not stable but it can be back easily to its value.If the number of person will increase then its value will back or increase which lead bitcoin stay for a long period of time. Popularity also is one of those that can help bitcoin exist for how many years.
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This protects entrepreneurs from losses caused by fraud or fraudulent refunds, and there is no need to comply with the PCI standards of security of the payment card industry.
There is no reason to be worried if you trust bitcoin 100%. The value matters on the number of people who invest. Best thing we do is be calm and wait for the right time that we can received high profit because of its value is high.
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Bitcoin will run at its own pace. Who does not buy or buy, will not have any effect on it, if its users are wise enough about BTC. People have an interest in gold, if the sky shines at prices and bars, then no one is trying to buy it, but on the other side, its demand will not decrease, but the demand will not decrease, rather it will be demanding. I think BTC will never be less demanding a coin.
If that would be happen that people stop buying bitcoin is that there is possibility that it will gone. Bitcoin runs by people such as investment, it includes money. People who invest and stop to imvest are the factors that affect the value of bitcoin, so let us help it to be more popular by sharing it yoir friends and social media.
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Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
if you already have bitcoin will definitely know fortunately get bitcoin. if you have already earned bitcoin from working on a bounty project then you will use bitcoin as a means of payment if your country has received bitcoin, but if your country has not received bitcoin as a means of payment then you have to exchange your bitcoin into paper money so you can buy something you want. Basically that's the common advantage of bitcoin, and aside from the blockchain system, we also know that it could be a lot more risky to brought large amounts of money nowadays and its not safer to think that we could be victimized because of money. So it has been made for us to be all hassle free and much safer, but as of now the blockchain system is not yet fully utilized or developed, and it has still a lot to be improved. The advantages of bitcoin is not only for a good investment but also it can give job to people and can be use as a payment. The transaction is so fast which is good to use. You can also earn by joining different bounty projects.
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Well i guess its depends on the situation how the countries adopt the bitcoin as a national currency. It might be complicated i think, because not all people are using internet most specially the people around the provinces. How they could buy thier things if only bitcoin can accepted for payments.
Of course, I will support the use of bitcoin as a national currency if that would be happened. What matters most is the acceptability of bitcoin in our country, if it happens everyone can access bitcoin because our country will find ways for it.
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Without a defining killer app, I am confident that Bitcoin will, in fits and starts, inevitably return to its 2009 levels. It would be pointless to guess how long that process will take; or when that killer app will appear although I am also confident it will appear at some entirely unpredictable point.
I'm easily old enough to remember the very early days of personal computers. I remember a story from The Wall Street Journal in which a reporter interviewed a small-business owner (I think an auto-repair shop) who had bought an Apple II. The reporter asked the man what he thought of his purchase. The man stared glumly at the Apple for a moment and then sourly commented: "The damn thing just sits there."
Exactly. The world was just never going to buy into a command-prompt environment in a really big way. But the Mac came along and then the world began to change. (Be like the Mac! Bill Gates commanded his troops developing Windows 95.) And so it will be with Bitcoin. The world will never buy into it until an environment comes along that makes it easier, safer, and a lot more fun to use. Until then, the price will suffer periodic whale-dumps and then sort of bounce, spurt, and finally just roll along long enough for people to start talking (again) about "Bitcoin's recent price stability." And then yet another whale-dump will splash the water and the retroactively obvious cycle will begin again.
If you decide to go, then you will miss out on the killer app that will send Bitcoin to the moon and beyond. If you decide to stay, then you will watch the value of your stash just ebb away before your eyes. That choice defines your control.
As for me, for now I'm going to stay. But I've got Coinbase and can go in a second. That could happen at any time too.
[Comment added June 23, 2015:
My conclusion: stay. The blockchain itself will be the killer app upon which all other apps and bitcoins' fiat value will depend.]
True enough, before we integrate and make bitcoins known and better around the world, it must be stable enough for use. Bitcoin supply must be fully mined first to achieve a probable price stability. We also have to update the tranfer rate and transaction fees. Its better to stay because from the day you started, it is part already of your life. Though its price unstable, it gives other opportunity to have extra income which helps a lot to us individuals. Hard work and patience is highly needed in order to be successful.
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I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
Yes, but it depends on the value of bitcoin. If the bitcoin value goes to the moon, obviously the revenue is too high than revenue received from other business source like stock markets, share markets, real estate, gold and etc. It depends on the buyer and the time he/she buys. If bitcoin is purchased when the value is high and value has bit increased when he sells, the revenue is going to be less, wise versa, if bitcoin is purchased when value is low and sells when its too high, the revenue is going to be high. But in crypto, the profit is high and the investment and the work for it is low compared to other business. We can have great profit returns if we think wisely when to sell all our bitcoin. The price for now is not stable and always falling down so better to buy some cheaper prices of bitcoin because panic selling is not a good idea. We always depend on bitcoins value so hold tight to have good profit returns. Gradually bitcoin price is increasing so better if you buy it right now when bitcoin is not very expensive buy now and wait I am sure you will get profit, increasing price is making it easy to predict bitcoin lose and profit, as much as bitcoin is expensive it is getting more and more profitable, today if you buy bitcoin at the rate of 20k per transaction than after holding it you will be able to sell your bitcoin at the rate of 40k after one year so it is high profit we cannot even think how much it could be. Bitcoin profit depends on your doings, just like if you invest money then hold it for how many months or years then you can get high profit because bitcoin price is getting high. Other way is joining or applying signature campaign they will give stake which have different amount.Patience is highly recommended.
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Saving bitcoin is like saving money, like fiat. When you save money, you will earn and you can use it in the future. Although it is the same price. While in bitcoin, when you save, we cannot be so sure if the price goes up or down. It's like your investement that grows every day.
We should focus on saving bitcoin rather than selling it because it can double or triple the amount of your investment in the future which depends on the price of bitcoin. Bitcoin price is high and sometimes goes low that is why it is best to hold or save your investment because the amount you get will depend in the value of bitcoin.
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Year!It's a great idea!
For me, this is not the right time. Because my kids at this point is to much young to tackle on that matter. As a parent i want that my kids enjoy there childhood. My kids aware that i am a bitcoiner and i'll wait the time that they have an interest with what i'm doing. If that time come, that is the best time to teach with all of my knowledge with bitcoin. Yes I will teach my children about bitcoin but it will depends of the age of my children. Bitcoin is important most especially if you have your account with you. It needs to be more safe, so that no one can manipulate your account.
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I don't think I can say it confidently because the market of btcs aree always fluctuating and cant be determined exactly
It simply means that those who are hard working can get money while those who don't like to work or lazy people can't get money. If you are a member in bitcoin you need to be knowlegeable enough to do the job right because you can't share what you don't have.
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Because bitcoin gives a lot of hope, with many advantages, such as investing, that bitcoin excess so it is said without bitcoin life is boring, so everyone is free to express positive about bitcoin.
I think life will be bored to those who know it. Even though bitcoin was not created life still goes on. People know to find ways to have extra income or to be happy because we have different forte in skills it depends on us what to pursue.
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I think Yes because in my experience I need a lot of money to help my family . Joining the bitcoin help me to earn money even I'm working . Money that i get cannot survive so I join this to help a lot in everyday. It adds income for my family.
Yes, like me I am still a student but through bitcoin I don't need to received money from my parents instead I pay my own expenses from the money I earn from bitcoin. Yes having bitcoin is another way to make money because if you invest it can double your money or investment. Its not only investment but also it can give extra income which helps us in our financial needs.
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When we drink beer in forest with my friend, they talk and explain cryptocurrency to me and I started that day.
First I heard bitcoin, I did not believed it. But when it was discussed to me and explained clearly I started to believed it and that's the day I started bitcoin.
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What is your experience in working for Bitcoin? Are you a freelancer earning BTC or do you work in a company that supports paying out wages in BTC?
what are the best places to earn Bitcoin as a professional? I'm interested because I would like to know if people at different places start work for Bitcoin more or more or still mainly choose fiat currencies? how is the situation in your country?
i'm interested in all perspectives thanks
1. I have not experienced in working for bintcoin, I am just introduction phase bitcoin. 2. I am a hard worker in agriculture, services, trade. The income is not bitcoin. 3. What I know to get bitcoin by following this diforum. 4. The situation in my country is still not friendly with bitcoin. Working for bitcoin is a matter of choice, it needs patience and skill to do it.I think all of us here are employee, we have same experience from the start to present which is so true, like at first we don't believe about bitcoin and etc. but now we are so thankful because we know it earlier, it helps us in our financial needs.
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The dollar also made out of thin air. The Fed always print money as they like and they never audited. There is not a clear report about the amount of the circulation of dollars in the market and that triggered the economic crisis continued. On the other hand, bitcoin have a limited supply that nobody could control and bitcoin have transparency in transactions
Bitcoin can create money through investment and giving extra job to people. It is safe to invest bitcoin as long you keep with you your password. Its value is not stable but it increases which is a good point of view why its good to invest bitcoin.
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