I wouldn't really say it is a mistake though. I cashed some of my bitcoin at $410 for a guy who is really in need. It is a good thing helping others and the best part it that is just a little and I can earn it again in just a manner of time.
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I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
True. Adapting for now is the key word. They need to know it too. That there are other ways to send money, to use it and to buy some online. If a lot of people will know there is something like this happening, then that might be the key through changing a lot of thing thru this currency.
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Im still try to accumulate as much bitcoin as possible before the next big wave hits. So far i dont spend my bitcoin but rather get them from work and stuff.
Great. That is what we all do now. We are trying to get more to every way possible. Though for me it is just less buying but more from earning in different kind of jobs online. That way whatever happen I wont feel much regret if I lose it.
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Believing is putting faith in something or someone. Yes I do believe in bitcoin. Although it cannot be seen physically I can use it for earning something and gaining money to get some of my needs.
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I really dont know why bitcoin is still here but in my opinion there are big men who are keeping it protected and they are also into bitcoin that is why it stays. The government can ki bitcoin if they want to. But there are people out there who are stopping it.
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For investing ofcourse. Cash wont grow in your pocket. And if cash was put on a bank yes it will grow but for how many years before you feel the growth and how many thousands or millions to gain a good annual profit.
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Bitcoin is worth for everyone I think. The most people see Bitcoin as an earning and that is very good. I hope later that more people will use Bitcoin and that the value will rise for a long time so we can get some profit.
It will increase. There are a lot of things that increases their prices once they are almost being depleted. Its the rarity. Look at diamond,gold,silver and many more. They are almost gone and no more to mine. Gems also have that kind of thing that is happening now.
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I think those are the people who got broke in doing it. Or dont feel the profit. Being lazy in doing something. They just want to put some and let it grow. How bad is that. It is like planting a seed without watering it or giving it sunshine.
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But when all go to that big investment and many people are investing then it may turn out to be a scam.
You should stop thinking investment is about putting your money in an unknown website that will give you profit daily or even xxx percentage after every few days. Gold or bitcoin is definitely an investment and it is a legit investment for long term purposes unlike the one that you mentioned which is definitely Ponzis It was an answer to the comment up there. You just took one sentence from my comment. Yeah I know bitcoin or gold is one investment and you dont need someone else to make a profit from it. I get that.
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Its really a bad idea to sell everything,bitcoin price tends to go up and you will lose profit if you sell everything.
Yeah. But for me I have to or I wont be eating anything and get hungry. We have our own ways to why we sell it. But there are still some left. Just chipped the amount that I need.
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I remember just xotika were offering a bitcoin service related now we have more two companies working on this ,soo i believe there are some costumers,and will get more as time pass,making the deep desires from the man or woman online .
Yeah they are opening ideas now on how could bitcoin be used. I dont why but it is sucking those who are in bad ways. Gambling, porn and transactions that seems to want to escape taxes.
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In future bitcoin might also get a paper money form. Bitcoin usage will get increased when it gets the paper form.
Lets just hope that the government will allow that,if the government wont gain tax from what is sold in their country they might push a law about that. That would be hard. Government is against bitcoin due its bad past. Illegal transactions that have been done and as you said there is no tax. They wont get anything so why accept it.
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Technically, you can already buy anything you want with your bitcoins. XAPO online wallet is providing Debit Card which basically uses your bitcoins from your wallet and allows you to spend them anywhere regular debit cards are accepted. I have spoken with couple people who has this card and they seem to be very happy. I don`t have a significant bitcoin income yet, but once i do, i will definitely get this card. It must be cool and a bit weird in the same time to use your bitcoins in daily life. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There are many credit/debit cards which use bitcoin, but most of them has big fees and require your personal information. It's great that you can spend your bitcoin almost everywhere, but this kill purpose of bitcoin to make bitcoiner stay anonymous and pay very low fees. I wish I could buy everything later with Bitcoin. That will be so nice. Bitcoin must be more popular and that is good. More stores must accept Bitcoin. And than we can maybe buy later everything with Bitcoin, that will be very nice if that is possible. More stores will accept it someday but not all. Not all people are as open minded just like us. And when I think of it also doing business accepting bitcoin takes also a lot of risk. You will really need to be patient in doing it.
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Bitcoin in itself is pretty porny imho, how much more sexy can it gets? I wet myself sometimes just looking at the price ticker.
click on my signature and you'll see how much hotter it can get WINK WINK ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Just looking makes you wet? Cmon man! For real? That is not even a video yet. Then what if it is a video you will cum at the first 1 or 2 minutes of it. Well the good thing is you will not pay for a lot of price for just a minute.
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Its good now to not sell any coin. It wont be good for your money. The value is not even that high so you wont get much money for it. But it is smart to do it later if the price is higher in the future, but we need all patience and that is very important.
Yeah if you bought at the price now that will really be a bad idea. There will be no profit. But for those who have bought at a lower price it is good. But the problem will be when will you buy again if it dont go back down you will be forced to buy at a higher price.
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Investing is good profit is better products are best.
indeed better investment than saving it, but now hard to find a good and reliable investment. even a reliable investment could turn out to be scam Yeah that is what they promise always. They are reliable, they pay, all the good stuff will be heard and some testimonies from other users that have received payment. But when all go to that big investment and many people are investing then it may turn out to be a scam.
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Its not good to sell everything. The value is now very low so it wont be good. You can make later more money if the price has rise in the future. But you dont know when it will happen and when it will start and that is the problem. I hope that it will happen soon.
Yeah sell high buy low. For now it would be an intelligent decision to just buy more. The potential of bitcoin coming back to a great price may be near. It have a higher percentage to go there.
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The one why i like best in bitcoin is the price is always change. Me as trader really love it when the price of bitcoin changed very fast, that's really make me profit so much.
That's true, the volatility of the price really benefits most of the traders, they could make profit in short term, it just needs a better decision making on to when will you would buy and when you will sell.. Very right Rick. Must be also careful in making decision. I have also made some mistakes in this trading thing. So it would be better to see the risks first before taking that next step.
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Bitcoin will have a good future. And that is logic. You can now see that the value is also a bit rising and that is very good for Bitcoin. We all hope that we can have some profit later in the future and that it will be more used. The world is also getting more digital so that is very good for Bitcoin.
The best possible that will happen because of technology getting better. Though it is not physically seen many people are now always online that is why Bitcoin will grew more faster in the upcoming years. It is like everybody in the city have an internet and some in the provinces.
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there's no way paper money will be banned because there are still many illiterate people out there.
maybe digital currency's age only 17-20 years left I think.
And that is one more good reason why paper money cannot be replaced. Too many want it to be easier. The easier the better the faster the transaction will be. Once paper money got problem just replace it with another one.
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