Yes as long you use a thing to pay it is called money, so Bitcoin and other cryptocurrecy is a money that thing that it is different with the fiat is it's appearance because bitcoin is a digital currency. So bitcoin is a money and the other alt coin too.
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bitcoin is based on the supply and demand so when in terms of dying of coin that is based in that, Bitcoin will die if no one will ever use it or all of the people are sell their bitcoin which is impossible so Bitcoin will be dead by that and I think that is impossible because bitcoin has many rather millions of users.
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I think no because the way to cash out your bitcoin is the bank the way to convert your money into fiat is the bank so for me no. Even that bitcoin exist the banks cannot be disappear because it has important role in our society especially to bitcoin, So for over all for me no.
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Hi guys! Everyone in Oshi including myself is very curious how do you choose the casino to play in? What's the most important to you? Bonuses? Or something else? For me personally it's the website's design and the number of games offered.
For me I go for the most famous because there will not be gonna be famous if their reputation is not good. That is me how to choose casino. Because If the casino is not famous maybe their codes have a cheat so I will go to famous casino with good reputation.
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My game is dice, because dice game is very interesting and a very thrilling game, I have a setting there that If I loss and win my money became more so When the consecutive loss is happening my heart stop and if I win it will be normal again hahaha. I really like dice game.
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
Nowadays many bank are accepting bitcoin But I think you need an application or web wallet that can exchange it into fiat and transfer it into bank. In my country we an application or a wallet that can transfer your bitcoin into your bank account and I think many wallets are supporting it too today.
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I would like to know if anyone of you earns 0.1 BTC per week or even more? Is this possible and what is best way to earn it? Your experiences, suggestions and advices are very welcomed.
It's very easy if you will dedicated yourself to work fulltime in bitcoin, for me the first way is signature campaign and then the trading because I think almost all of bitcoin user are go to trading and that is good way to make money but sometimes there's a loss in trading.
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I think if you create a new bitcoin forum that will not bloom because this forum has lots of bitcoin users and members of it the forum life is depends on the members of it so I think if you will create it will not bloom because this forum is so active and many opportunities. You can try but I think that will not work.
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You can start trading by trying it first is choose a trading site then deposit and then start trading just use 0.001 bitcoin became it's your first time with that 0.001 try the trading an know how trading works and after that maybe a 1 week start the real trading with a big money that is involve.
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I think that usually a guy which play games for a long time, risk to became a gambler addicted. Which method you use for stop plaiyng when you understand that you are near to became addicted?
For example, i don't play a lot or for long time (i play games spot during my free time), so i have no idea about, but i trade forex all day and when i had a significant loss i usually turn off my Pc and i go out for a drink , just for not run behind loss.
For me I am a gambler too but not addicted because I focus my time is other things that need to do or to relax myself just like playing online games or posting here in forum for the signature campaign or alt coin campaign but for me the best is just to use spare money to gamble for you not to be addicted.
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Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
Here in this forum there's a signature campaign that pay you for wearing their signature and for endorsing them. They pay you for every post or maybe a fix payment for every week or a month. And there's an ICO too that you can earn here in forum. But for the signature campaign and ICO are almost the same they are good source of income.
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Because trading is not all about the luck it is all about strategies and and some luck and the gambling is all about the luck and that's all. When you are going to trade there's a just a low risk of losing and sometimes no chance at all if your coin is one of the most stable coin. Trading can multiply your money but it takes time with low risk but in gambling there's a big risk of losing.
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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.
I will go for the bitcoin because as you can see bitcoin is still growing it's just starting it's journey and bitcoin price is still growing from the starting price in the 1st year until now the 5th year. So for 10 years bitcoin will pump again so high so I think bitcoin is the best for long term investment.
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Hello folks! I'm thinking about starting to trade with Bitcoin, but I see people saying that It's risky & almost like gambling. I think that I mis-understand the meaning of trading. For me trading Is for EXAMPLE, buying Bitcoin when It's at 550$ and selling It when It's at 670$. This Isn't risky because If Its value doesn't Increase, you'll just have to keep It until It gets higher enough, Is this trading? I would really appreciate If people clarified more! Thankx You're Idea is right in trading it will be like gambling if you will go in blind trading where you buy an altcoin without researching and another you will only loss in bitcoin if you will sell lower and that was called panic selling because of that you will loss so don't sell with low price trading is profitable as long as you are a good trader.
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Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
I like this Idea because bitcoin is one of the most successful coin or digital imagine if you invest your money just say that 100$ in the first launch of bitcoin and then now you are a multi millionaire it is true that bitcoin is very good in a long term investment especially bitcoin is still growing so young people like should invest in bitcoin for long term. I will go for this thread.
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Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea. So, i would like to find out the percentage of user who agreed with this idea.
Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think? p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.
I think bitcoin bank is not needed anymore because the wallets that we the online wallet there are like banks that you can hold your bitcoin and sent and received a bitcoin so the bitcoin bank is the wallets then if you will create a bitcoin bank it would just be a wallet too. So for me we don't need bitcoin bank.
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Gambling is nothing to do with it but the gambler should be blame for gambling too much. Because gambling is really addictive but if gambler loss some he should stop not to gamble all of his money gamble is part of life but the decision is always in the gambler so think before you bet and gamble and gamble what you prefer to loss.
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I would like to suggest that invest it online specifically in bitcoin invest it in bitcoin and hold a coin for a year and absolutely you will make a good profit by just saving your bitcoin. Because bitcoin is still growing and think about it because that is a smart choice. Bitcoin price will pump and pump as time pass by.
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Because bitcoin is so hassle free it is just a bank that is your money is growing and that bank or online wallets is just free when you create and you can monitor your money send and receive and even the withdrawal is instant and the fee is so low. Bitcoin became more useful nowadays in the society so people should use bitcoin because it is useful and make life easier.
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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?
i think bitcoin would not be replace by another cryptocurrency because of its popularity and its features.but if the another currency which would more advance than bitcoin,and having more features than bitcoin could be replace. There are many altcoins with better features than bitcoin yet bitcoin #1, no matter how many new feature a new altcoin brings bitcoin will always be #1. nothing can replace bitcoin! Unless of course a new altcoin comes with lightning network. That will make people migrate literally right away when they found out about the coin. Real-time confirmation is something we've all been dreaming of ever since. This will probably overthrow bitcoin from its place. And what more if the same coin doesn't require any transaction fee? It will surely replace bitcoin unless bitcoin already have that feature which I doubt since transaction time is getting longer and longer and transaction fee is getting even higher. In other words, we need an altcoin with a killer feature and not some small gimmicks or just slight improvements. It will take a massive improvement that's almost like a "leap" in the cryptocurrency technology for people to migrate from bitcoin to that coin. Agree with that because in bitcoin they're not maximize the features of it so if a new cryptocurrecy will be created it need a ultimate upgrade for that currency to surpass bitcoin and it need to be open to all people not like other coin, so let's hope for the best but if bitcoin will upgrade their system I will go for bitcoin.
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