I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Yes that's right, bitcoin is very profitable investment for now because the price will keep increasing. There is a prediction that the price of bitcoin will reach $7000, the price of it is very depend on supply and demand.the earlier you buy it the more profit you will get. This technology is very appropriate for this century, so I am sure that the demand will keep increasing. |
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I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.  Any company must get permit from government, includes money changer. government is very afraid about money laundering using bitcoin, so that procedure will prevent the crime activity. I hope they will find new procedure that more practically but still can prevent the crime activity. |
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My answer is no bitcoin cannot replace any other physical currency because some other government instution banned bitcoin in their country and really for the fact that bitcoin anonymous well i can say theirs no way it can replace dollars because first dollar is the biggest contributor in economic trades as we can see what we see symbol for currency we trade online its always dollars, and that stated how power is the dollars thay influence global market thats why bitcoin is nobody for dollars.
Yes, for that matter as well, I see China has banned ICOs and bitcoin to currency exchange today. Perhaps in future, the government may learn more on how to implement bitcoin ourthe societies. I am sorry but I disagree with you two, there is a probability that bitcoin can replace fiat. Some countries has legalized bitcoin and some countries has banned it. People in Denmark are trying to decrease the fiat usage and replace it by virtual currency. I think bitcoin has probability to replace dollar but not soon. |
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,from the analysis the OP has given, since before when bitcoin was starting or has started, i guess there are already so many rich people because of bitcoin but they keep it a secret or they remain silent due to security purposes. it is really nice to hear some stories from those people on how they started and where they are as of today, it is a bit exciting and hopefully someday i can meet one of them and talk about how they succeed.
We still have a chance to become rich too, expert said that the price of bitcoin will reach $7000. Keep earn bitcoin as much as we can and keep silent. I am sure that the price of bitcoin will keep growing as long as the demand of bitcoin is increase. |
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if seen from its performance for 4 years I think it is true. But do not ever forget that every investment must always contain risks.
Although bitcoin is volatile but I think bitcoin will be still used, more and more people will use bitcoin so the price will keep increasing. The risk of bitcoin investment is if we lost the key/password, so the bitcoin will can't be used anymore. I hope it's will not happen to us. |
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http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? Bitcoin should not teach in kids but bitcoins should in the college students like me. Many people is still not aware to the bitcoin and teaching bitcoin in the colleges is a good way to the bitcoin to become aware . Bitcoin is such as traditional money but it's more appropriate for this century. I think there is no problem for teaching kids about bitcoin. Kids in the present are more accustomed to technology rather than kids in the past. Teach them little by little everyday. |
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Of course, it is. Bitcoin can improve the economy of one country. We know that bitcoin's value is so high, and simply, if you have a high currency on your country, you may buy anything what the country need. Just simple as that. It can also improve the economy by having an individual a chance to earn bitcoin and resulting on GNP. To increase the country's economy.
Bitcoin is such as an economy driver, so many bitcoin-realated companies were created, bitcoin also offer lower transactions fee and barrier for export sector. So bitcoin has been give positive impact for economy of the country. |
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There are many more ways to keep your income stable. You need to invest a lot of money so you can spend too much. And it's also possible with freelance jobs and more. Just stay awake and always be positive in everything you do to take risks always because the big rewards are here for you.
Earning bitcoin is the same as earning fiat, we have to have value to exchange to bitcoin. As you say there are some freelance jobs that will give us steady income. If you are a programer there is a freelance job on jobs 4 bitcoin on reddit, the jobs is not purely programing and it's definitelly worthwile to browse trough the different offers. There are also the bigger chance in trading but its not a steady income. |
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Holding gold and bitcoin is securing property and future. Gold is most prestigious investment among of all jewelries. On time goes by gold is still gold and never depreciate it value instead it increasing its value. Gold is also establish popularity and fame.
Some experts said that the value of gold is not increase but the value of the fiat is decrease because of inflation. But the value of bitcoin is always increase because the demand of it will more and more higher than the supply then makes the great deflation of it. Hold bitcoin and gold is good investment but for now bitcoin is more profitable because it is the good time to earn it. |
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The Bitcoin is the key to luck for me
It honored me in society & Gives me freedom.
Bitcoin gives us freedom because we don't have more taxes in more and more cutter. bitcoin is not like that.  Bitcoin there's a future money for everyone. Yes bitcoin is much better than paper money. But the price of bitcoin which unstable makes most of merchant afraid to adopt it. For me bitcoin and blockchain is amazing technology that can change the world to be better. Supply and demand are influence the bitcoin price, probably if bitcoin is spread evenly, the fluctuations of bitcoin prices will reduce. |
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Its scarywhen you found out that the bank you in trust your money got bankrupt. But its more convenient to still put your money in the bank than just save it at home or what. My mom's bank was close 4 years ago good thing she got her money back.
Actually, the government gives a certain aamount of guarantee to the bank customer, if the money we keep exceeds that amount then the rest will not be in. Probably the bank system is not apropriate for the present anymore. In the era of global commerce, the public needs the easier, faster, safer,transparent, efficient and most reliable base exchange. Bitcoin is capable of replacing banking technology system that require resources, cost enormous, time-consuming and vulnerable correction of human eror in recording all world financial transaction. |
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I don't think so, because most attractive part of bitcoin is its value and now a days as it is increasing, it is attracting most of the people to invest or trade with bitcoin to make huge profits.
I disagree with you. Sorry but I think the increasing price of bitcoin is just an impact because bitcoin has captured market opportunities so well. The increasing trend of internet users worldwide becomes a strategic moment of bitcoin presence. Especially with the development of the potential of global e-commerce business that encourages the global community to conduct cross - country trade transactions. So it will still popular. |
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In my own opinion it is posible that paper money will be replaced by digital currency. This is due to the increasing level of our technology. And one day all the countries in the world will be implementing the cash less society.
Paper money must replaced by bitcoin because bitcoin is better than it. Bitcoin qualifies as money because it is durable, rare, divisible, and recognizable ( all of these are better than paper money). The fast world wide transaction is very good features of bitcoin. |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin will never die. The most important thing for a commodity to gain recognition as money is trust and acceptance of society. Bitcoin is such as miracle in millennium century and people are love it. So as long as people are need it bitcoin will never die. People will always need bitcoin. |
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Bitcoin can not improve the economy of the country, because it will simply replace other currencies, but people's actions will still remain the same as they were before the use of bitcoin.
I am sorry but I dissagree with you. Bitcoin can help people who live at the underbanked area, bitcoin also offering lower barrier of transaction for export sector and fintech industries will grow faster because of bitcoin. So bitcoin can improve the economic of a country. |
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I am using Electrum and Blockchain wallet, and i think they are ones from the most best and secured wallets. I prefer Electrum because it give you the access to your private keys which is wonderful. But also blockchain.info wallet is safe.
Hardware wallet is safer than online wallet, also it helps secure bitcoin network. One of good hardware wallet is trezor. But as you know using online wallet is more practically than using hardware wallet, so I choose mobile version of blockchain because the user interface is really simple and easy to use. Probably I will use hardware wallet if I have 10 btc. |
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Yes right, it seems for now bitcoin is better than gold, I can say so because bitcoin gain rate is very good than gold. I've never gained 10% profit in a month when keep gold, but I can get a profit of up to 20% in just a week with bitcoin.
For now bitcoin is better than gold as an investment, also bitcoin is can not be counterfeited so there is no imitation of bitcoin but there is imitationof gold. The volatility of bitcoin can give a lot of profit to the traders. But gold is not so bad it is really beautiful metal and all people in the world love it, so I can not decide which one is better between bitcoin and gold. |
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Very many ways to earn bitcoin. And the most popular and consistent is become participant signcamp or bounty from here.
Joining signcamp is pretty good, there are many ways to earn bitcoin, but not all people know that. Probably most of people here are choose trading, minning and joining signcam, but we also can earn bitcoin by complete the task from a website. One of site that pay using bitcoin is bitfortip. |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoin because of many different reason. I am holding bitcoin because it is such as profitable investment, people in china are holding bitcoin because they want to prevents the government to control their wealth . People in denmark are holding bitcoin because they want to become cashless society. |
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i think not in instant that you think to get rich, because in bitcoin you need to wait until you can join in signature campaign or anything on this. you need to wait until you rank up, and if that so you will become rich.
Joining signature campaign is good to earn bitcoin but there are many other way. If you have big capital you can buy bitcoin then start trading. To gain the number of btc is difficult but the price of bitcoin is keep rising so getting rich with bitcoin is feel easy and instant if we already have big amount pf bitcoin then only hold it in long term. |
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