Bitcoin and dollar both are different forms of currencies, one is physical and the other is digital, individual has an choice of choosing according to his convenience, but majority of people will choose to use dollar.
True. That is like cultural or traditional and trust have been proved by that currency. Although we are also like dollar the difference is just online they dont see it like that in their eyes. Need to open it more and some of us could do that for them to see what it is and how it could be used. |
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I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.
OOOohh someone is here for the halving thing. Me too, gold is so old that you wont think it is a risk. It will be a really long time investment. For now let us make profit of this blooming currency and make use of what will be it in the future. Yes this is the time to grab an opportunity of making quick money by investing in bitcoin, gold can always take care of us in future, play with bitcoins till it is alive. Totally in to it. We are lucky to have this opportunity now and we are getting deeper in knowledge about this currency. To the starters as of this date I think there is still a lot of profit for them and this currency might live a little bit longer. |
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Patience is really needed now as majority of us looking forward for the price increase when the halving occurs. And I'm optimistic that it would happen indeed. For me the rise of value is a good news to all bitcoin holder and keeper that waits for the right time to sell their coins.
I totally agree. Patience in bitcoin is the best way to have a good profit from it. But people are out of patience nowadays. They want everything that is fast and instant. See how they made noodles where you can eat it instantly. That is like laziness. |
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I'm pretty sure that it'll going to continue to rise in the future. The reason is that the system is a good replacement for fiat.
There will also be a temporary bull market, since there will be a halving soon.
Good time to buy IMO.
Temporary is better than nothing. And I hope after that temporary bull there will be this line or level that it will not go down there anymore. That is what I am expecting after that. You have some point with that but i could say bitcoin keep rising daily as we can see the chart and flows for tofay it keep rising without noticing maybe it is the effect of halving and thats very good to us even those newbies will inspire to indulge in faucet now because they can get money with it already if the price will continue to soar. I think that slow increase would be better that a increase that would shock everyone then panic sell everything for the fear that it might come down again. I dont really know what could happen if that moment come true. |
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Most of the time i just hold them. But not o long because thatīs not nice for the price of the coin. Sometimes
i just buy something i need and hold the rest of my coins.
Best way to spend it. Feel its use in something that we need. That way also I can enjoy my profit from time to time. Whenever I see something interesting online I try to look if they accept this kind of payment. |
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Because they know that bitcoin is a better system than banks.
Bitcoins are probably going to drive them out of business. That's why they hate it so much.
Might be. If bitcoins will be used as a good investing currency to other mutual funds or other trending funds then it will be a hell of good outcome for bitcoin holders. We know what banks do in our savings that are being hold by them. They use it for their own profit. While they give us just the small amount of what they earned. |
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I would definitely quit my day job if bitcoin earned me more than what i am earning in a month right now. (which is approxx: 5000$) Unless then, i treat bitcoin as a side business.
hey dude your salary classified huge salaries impossible you could earn $5,000 in a month just by using signture campaign or other free manner. or will you try to create a business in bitcoin? maybe you will get a salary greater than $ 5000 Wow! $5000 dollars a month? That is one hell of income for me. What are you a manager or something. If I have that large amount of income in a month. I would rather keep my work safe and get a good retirement someday. |
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Yes you should really believe in the bitcoin because the bitcoin has a good future if you ask me.
The halving as a example is coming and that is making it for me believe in it.
you are right. halving will make it all materialize, and make bitcoin be better. so believe in bitcoin bitcoin as you believe that can change your life hopefully by halving come it can give a good influence for bitcoin. so that more people can believe to the bitcoin. if people continue to give their trust in bitcoin. would be good also for bitcoin itself. so this thread will be helpful And I hope also that if price increase a great amount people who holds some great number of bitcoin will not try to sell it all. Maybe just sell a few for a good profit. Really scary when all try to sell it when they see a good price. |
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If really desperate to have money maybe few bucks, I might just sell my very kept gold ring lol.
I have this from my father when i was in high school i think this will be worth about $600, I'd sell this on craigslist and arrange meet ups.
That is why gold is a good way to invest also. Easy to sell or maybe pawn it to preserve the family heirloom. I hope they stop comparing gold with bitcoin. Although they have the same way of getting it which is mining. |
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Yes, it is not possible, bitcoin can't replace into fiat, as it is bitcoin is good for us, we can use in trading and so many others ways where we are using the bitcoins, we also need fiat for bitcoin's price.
Bitcoin is good, useful as an online currency. But it is only for online transactions, unlike fiat all countries all using it and we are used to it. It's very impossible for bitcoins to replace fiat. I don't know if that happens maybe it will if microchips are implemented. Microchips? What does that do in replacing fiat. I dont really understand it. I hope you can enlighten us more with this newly information that you are telling the community. Thanks and God bless. |
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Investing in the bitcoin is good if you ask me, the future is good and there is also a halving coming up this year.
The halving will be profitable for sure, its just a matter of time.
Yes for sure. But just for how long. If this halving happens and a lot bitcoin holders sell their bitcoins then it will be a grand fall for this currency also. Surely the price will drop in a large wave. |
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When I teach my friend about bitcoin, I just explained it plainly that bitcoin is an online currency that has a value ranging $400-460.
And then he use bitcoin for buying things through it, but he its to exchange it first with bitcoin exchanging sites.
That is like just saying the price of it. It lacks the observation on how it can be profitable or what will I get with that. Your way will make people go away with just one sentence. I guess we really need something that will make them interested in it with just a short conversation. |
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I use bitcoin to convert to cash. Well, I prefer bitcoin because the price is rising and can be converted to more cash in the future. And also, it is more convenient to use bitcoin because you can directly pay some store with the use of bitcoin online.
Online yes. Convenience in it not yet I think. There are still some points missing. There are thing that should be considered. It must be used frequently also to gain it popularity and more movement means price fluctuations also concludes to profit for us. |
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I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.
OOOohh someone is here for the halving thing. Me too, gold is so old that you wont think it is a risk. It will be a really long time investment. For now let us make profit of this blooming currency and make use of what will be it in the future. |
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If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
i think it depends mostly on the amount of money you are needing. for me, if i need small amount i would just do some small extra jobs to earn it. but if i need the money fast or if i need big amounts of money i would borrow it from someone i know or in some cases i can also borrow from a bank (loan). That is the fastest one. The borrowing thing have been in the economy for like decades ago since bank was created. The fall back is the interest that they want. If you borrow a great amount then that means a lot of profit for them. If you dont pay then you get arrested. That is one desperate move I think. Ya loaning on banks is risky and the interests are so strict, but i think you can make waiver to pay later after you failed to pay the remaining interests. And i dont loan on banks because of rules. I would rather borrow to some people with written papers because it is not east for them to sue you and you can just talk it out. I feel you in that case. I would rather loan also to some good friends. And actually there are a lot of them who are offering some loans. Good friends dont put interest in it and that always makes me smile. But some got one and it is really not that hurtful. They just got a little to took. |
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I think that people hate bitcoin because it takes so long to get a lot of bitcoin and that it is time consuming
I dont agree with that. You could get a lot of bitcoin in just a manner if time. How? Buy it!. I guess you are talking about the earning bitcoin? That would really take a lot of time. We are still in the part of growing services that pays through this currency. |
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As we know the bitcoin is a instrument to make profit & it is a virtual currency. Bitcoin is a monetary instrument which is controllable by everyone who is having bitcoin as compare to other currency(tangible).
True. Where could you find something that you are the one who can control it. Specially when it is regarding money or investing. In investing we put our money to companies and let them do it. Here is a good change. |
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I'm pretty sure that it'll going to continue to rise in the future. The reason is that the system is a good replacement for fiat.
There will also be a temporary bull market, since there will be a halving soon.
Good time to buy IMO.
Temporary is better than nothing. And I hope after that temporary bull there will be this line or level that it will not go down there anymore. That is what I am expecting after that. |
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Costumers wants to use the bitcoin because he has a unstable variable. Each day he can be
much worth. that's why people use the bitcoin just to hold and wait for a rise or to buy things on the internet.
Yeah that is right. Although holding it can make us really impatient sometimes specially when it is rising . My fingers itches during those times and want to trade it for fiat or just in dollar currency. |
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Bitcoin is the best payment method which is easy, convenient and very cheap, and you will be able to use it everywhere in future and it can also be an best investment.
Hoping for that everywhere used in the future. I hope countries that are not yet upgraded can also feel that kind of convenience and the cheap price in every transactions that will be made. |
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