if we talk about the future so in future it will be more easy to use bitcoin instead of cash. it will be more secure as compare to other cash. bitcoin will be use as single currency and having same value in all parts of the world so we will not feel the need to convert it in so some other currency. it will be easily access any where as compare to cash. it will no need for banks to keep it.
I think in the places where we use cash direct, will be convenient and easy to use cash forever, but in those places where we use digital system of payment, we will prefer bitcoin as bitcoin is the most easiest way to pay for any purchase or any transaction etc. |
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I think people are not aware about what bitcoin is and they dont know how to use is and that is the reason they don't entertain the entire concept of bitcoin.
i think that might be the case, besides that people might be afraid of bitcoin evolving and taking over the banks and other financial institutions People are not actually afraid but banks are, they will be the most who are affected if bitcoin population will grow substantially as people will prefer to bank their money in blockchain once educated that put their money in a bank which is subject to inflation and sometimes with negative interest rate. Yeah, the organizations like banks and altcoins do not want bitcoin to become more powerful as they feel a threat from the success of bitcoin to their business, and so they try to put in the minds of people that bitcoin is going to die. |
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I think that you should on to them because they can be worth allot of money in the future. If you can make money with them right now you can sell.
But I am sure that you are going to be able to make more money with them if you wait.
Yeah that is a good amount, and holding his bitcoin can provide him more profit in the coming future but if he can invest them in an offline business then it wil also be a more beneficial, with that he will be his own boss in his company. |
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I am using xapo and there the xapo pay all the fees of my transactions so I do not have to care that how much will I have to pay in fees so that I get confirmations faster, I think xapo is paying the required fees for speeding up the transactions.
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You should invest in trading to boost your earnings but you need to learn first how to trade with alt coin then you need to search and read what alt coin have a potential to increase its price.
trading is a really risky thing nowadays, if you dont want to lose your money then you shouldnt do that because you need a lot of experience to make money from trading Trading is the best option of course. But as you said it is also risky if you have no knowledge or have no experience or training in trading. So the only solution left is just to save all your earnings for the whole year then you will be surprised how much btc you can make in one year. I think only saving will not be able to make us a bigger amount of money, we shoud have to think for any investment and have to take a risk on one place or on another place where we are expert to make money. |
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It is legal for any person who sell his/her bitcoins, they have full right and full control on their bitcoins and they can do what they want with their bitcoins, by the way the better choice will be that do not sell bitcoins and use your money in the shape of bitcoin, so that we make it a successful currency.
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I think it is not banned at there as I am seeing a large number of people from Russia using bitcoin and they do not have claimed any issue facing while they use bitcoin.
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The name is unique and hope that people take interest in this coin, on exchange I am seeing a lot of people are investing in there on large scale, I think as the price is much lower so I should have to put a few bits in there. I hope that I will have to wait for longer for its price increase.
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I think the price of bitcoin will tend to increase to $700 in the august and will achieve that value sooner in that month and after that in septenber it will continue to go to $800. It was my prediction, not a bet.
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I was also expecting a big price increase in the time of halving but it not happened, by the way it was also my luck that it increase much higher before halving , now I am waiting for the halving effect which everyone here is expecting for the bitcoin.
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For me 2016 is not a boring year, as I joined it in this year and when I joined bitcoin it started to increase and at that time I got some bitcoins and within a few months my money got doubled with bitcoin price increase, so this year is more interesting for bitcoin users.
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the image of bitcoin has grown much better in the present time and with the current image of bitcoin, we cannot say that bitcoin once again will drop to lower price.
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It will depend on the usage of bitcoin at that time, if more people will be there on bitcoin and the market cap would be more higher then the price will be much higher and so you will be millionaire.
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Nowadays we are seeing the price of bitcoin at around $650, but it is also favorable by a lot of people as they want to put their money n bitcoins for longer time due to its attractive features. With stability they will not have the fear of volatility.
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I think we have to expect for the price of bitcoin that it will reach to $800 in this year as with that passage of time we will see more people will know about bitcoin and will join it
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However it is not advisable to hold all your investment in forms of bitcoins as we can never ascertain the future. You only hold an amount that you can manage to lose and you could use your earnings here in this forum if you have a job by considering it as your savings and investment at the same so it would be less risky for you.
Saving and investing has almost the same risk , people just doesnt realize it yet. By saving your money in fiat you are actually exposed to inflation ( everyone is ) however in term of investing you are exposed to the risk that your investment could be losing its value the moment you blink your eyes the investment will not lead you to the lose or any other risk if you invest in there where you have a good knowledge and about which you will have skills to earn from, just try to invest in there where you have some experience and there will be someone around you who will support you. |
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For me Gold is much better for long term investment because value of bitcoin not goes down while in bitcoin you do not have assurance if the price will goes higher than you invest due to fluctuation of the price.
But if you not afford to invest in gold it is good to invest in bitcoin.
if me you and everyone will invest in bitcoin then the price of bitcoin will definitely increase and this increase will be a guaranteed increase and if we stay with it for longer then it will reach to every corner of the world and also there will be chances when governments will adopt it and in return a chance of global currency will wait for it. |
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I think bitcoin in whole will continue on this upwards trend, but there will probably be drops during this year. I think that Bitcoin will reach around 850 but it will stabilise at around 750.
You are right that bitcoin will reach to $850 and maybe it come to $750 , But I am not seeing that its price will come back below to $650, now a good time for bitcoin has been started and thus the price will be better with each passing day and one day it will be an established currency of the world. |
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I don't know what will happen to us in future but i know that bitcoin should become much poplular than now and our community should increase more.
it is sure that bitcoin will spread to everywhere as each person when hear about the features of bitcoin immediately join it and invest in there, and with that we can say that this coin will be at ts best and its value will be much higher in the future. |
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Well, the price of bitcoin is stable right now and for long term investment it's like a gambling, because the bitcoin's price can easily decrease and increase nowdays.
yeah bitcoin trading is something like just gambling because the price of the bitcoins is impossible to predict though in my opinion it might allow you to make money In trading when you are expert and you have learned all the skills of trading then there will be no chance to lose on trading while in gambling there are chances of lose no matter how much you are expert in there and no matter how much longer you have spent at there, so trade is not like gambling. |
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