i cant imagine this things will happen .. but in everyday life of many people in the world nothings is imposible .. you dont know if its happen or not as long as you live and never see the future .. but my question is .. if it happen whats currency will be the new currency ? hmmmmms..
i also agree with you that it may not be possible that fiat currency will crashed. i think they will also continue side by side with bitcoin. and i think that it will take a lot of time when bitcoin will become so much popular that all the people of the world start using bitcoin and ignore fiat currency, It is impossible for the fiat to crash because not every country is using virtual currency or bitcoins and they still stay on they current money. Governments in different country are not allowing bitcoins to be legal in their country so it was impossible for fiat to be crashed. |
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If this really it is now then it is a good news for all of us. This is a good indication for a brighter and better future of bitcoin. We just need to believe more in bitcoin and continuously work together since this is a win-win relationship for us all. Hoping for the continuos enlargement of this community.
There are a lot of speculations that bitcoin will increase its value for the next years. I work on bounty campaigns to earn more coins and hold it till the enormous increase of bitcoin value comes out. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
They do no need to focus in this kind of things since they are already billionaires. They already have their own business to take care and their future is secured that they always have money to sustain their needs. |
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As me invest or trading have some of advantages for each. I like trading more than investing or i consider investing like trading. Example: I invest 0.01BTC for new altcoin, i wait for the price increasing and i sold it. So it u have so much money, play trading with 1% per day. U will be rich soon.
Both will give you profit, Trading is better if you have a huge amount of capital so you can earn more profit. Investing is waiting so i think that trading will make you earn more profit since you can do it daily. |
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Bitcointalk username: websoftwareengineer
Rank: Member
Current post count: 102
Profile link: bitcointalk.org/index.php?action=profile;u=1075757;
Eth adress: 0xeFaBf4e6a33e8C4D768eA17a5AAB1F7F23eA2CfE
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
The best thing to compare is, What has the greater value, Obviously gold has the higher value but in terms of earning bitcoins is a lot more easier to gain and there are a lot of opportunities to every people who wants to join the bitcoin community so in my opinion, I think that bitcoin will dominate the market more than gold because its easier to earn by everyone more than earning gold. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
The only possibility that bitcoin will be replaced if there is a currency that is higher than bitcoins, But i think it is not possible since the value is consistently increasing each month and we all have the mentality that bitcoins is a long term investment that is why businessman is attracted to this coins and now bitcoins is engaging the corporate world in that reason. |
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Bitcoin persists until the users leave. the bitcoin price will decrease as it leaves them bitcoin and bitcoin going back to normal
Yeah i agree with that, The only reason for bitcoin to lose its value is the investors itself, When the time comes that people start leaving bitcoins and starting a new business then bitcoins value will slowly decrease and eventually die. It all depends on the market on how long bitcoin will survive. |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
Bitcoin wallet security depends on the user itself how to keep his wallet. for transparent transactions is indeed the system blockchain the answer. The security is very strict and takes a lot of code processing in order to access the wallet. False links and other anonymous sites or phishing sites will be the only way for you to be revealed from the other user so make sure not to be reckless in your transactions. |
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It's really hard that Bitcoin makes banks disappear, because simply people still using banking services a lot more than Bitcoin till now , and also even Bitcoin this banking services to get converted into fiat
But there are lot of chances that more people will use bitcoins in future. When more people for getting into bitcoin payments, the banking system will get isolated. When the true money concept of bitcoin will get into action of attracting more people, then they will start neglecting banking system. probably more people will really use bitcoins in the near future because the value is constantly increasing but i think that the banking system will just stay the same as usual or maybe they will implement a function that will hold different types of coins and join the bitcoins industry. |
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Parents that are staying at home like a wife that are taking care of their children can still work at home because of bounty campaigns and it was an advantage for them to stay connected to their child while working at the same time.
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That will be really great if we advertise bitcoins on TV. There is a huge number of people who don't know about bitcoins but dreami9ng about something like these, and also don't have any idea that this type of thing exists. So it will be great if bitcoins are advertised on TV.
Advertising bitcoins on the television is very expensive and it will be depending on the currency of the country. Social media advertisement is more cheaper and it will be a huge advantage on the campaigns that are advertising on facebook or twitter because there are so many social media users. |
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Those who do not know anything about Bitcoin, they will hate bitcoin. But if anyone who hates Bitcoin, I would like to know about Bitcoin. If he hates Bitcoin after he understands, then I will avoid him
Yeah i agree to that, They do not know how much we are earning from this kind of work and maybe if they know then they will be attracted to the value of bitcoins and they will start to join in this industry immediately. |
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It's good way to promote bitcoin but just make sure that most student already understand the risk and the usage of bitcoin.
In some country forbid bitcoin because it can be use for criminal activity !
It was a huge advantage in this generation that they will teach bitcoins in schools. Teenagers will know how easy to earn bitcoins and there will be rich kids out there that might lurking in every bar drinking and living the easiest life and yes it was also a disadvantage in some other country that forbids bitcoins because they would not know how technology is dominating right now. |
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I believe that bitcoin will last long, it can possibly replace fiat money because of it's convenience to users. It can even grow bigger in the future since a lot of people are getting interested to it and it's on demand. More and more people are getting aware of it because of it's profitability.
Yes it is possible that bitcoins will change that fiat money that every countries government is generating but it will take more years before it will be going to implement since there are different types of value and everyone in the earth will be affected. |
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Bitcoin is the ultimate and safest currency to invest in. HODL Lifestyle
I also must invest in bitcoin trading which gives unbelievable profit/earning and may change the life style and class of someone in the society. Bitcoin is much investment than any other business so why should not be avail the opportunity and make bright the future with bitcoin earning. I consider bitcoin a long term investment for my future but just investment in bitcoin is not enough because it will not give you fast earning. We should have to invest for the purpose of bitcoin trading because in this way we can earn more than enough in a short period of time. I also invest on bitcoins for the purpose that the value will still increase in the future and i do work as well on bounty campaigns to boost up my earnings. In this kind of industry holding is the best way to earn more profit. |
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Of course not because drugs can lead us in danger. Drugs can affect our minds and also our health. The reason why there is bitcoin is tyat it use only for good purpose like buying different goods for family, for school matters, even house and lot not for drugs. Buying drugs with bitcoin is not good for us because it will not help many people to have a successful life. If you buy drugs, you trying to kill yourself even your peers. Drugs has not a good effect for all people living on earth. "Say no to drugs,
In my own opinion, Not everyone will really use bitcoins to buy drugs but some of the rich people might do that, The only bad thing about that kind of transaction is bitcoin might be banned in a specific country because of the illegal transaction like this. |
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For most on social media they know what bitcoin is. Now we are at the point where people who thought it wasn't real money are seeing the financial gains of people who are involved in the world of bitcoin. Social media is a good platform to spread the message of how bitcoin works.
It was an advantage for those who are good in advertising like college degree holders who graduated in marketing course or multimedia course that can create an outstanding introduction for different ico's and they can really fulfill some services that a platform may need. |
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Only if all governments are forced to ban all bitcoin together they can defeat it. Otherwise they will not have any chance, bitcoin will dominate.
It was really not possible to disable all the bitcoins circulation because a lot of company will fall down and they will all complain, There is a lot of investor who spend to much in this bitcoin industry and that is the reason why they cannot remove bitcoin so easily because everyone will be affected. |
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It's an asset for me, a medium where I store some part of my asset. I really like the idea behind bitcoin, decentralised that means nothing can block me from using my money on anywhere in the world (except that I can't use my coins to purchase something lol). Also it's non physical which means I do not have to worry about my money if there is a war.
yeah it was really easy to buy goods online and very convenient when you travel, Coins.ph is the wallet that i am using here in my country and it enables me to convert my bitcoins into real coins, It was very similar to credit card now a days that everyone is using. |
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