Yes certainly, fiat money is used, bitcoin used no more than 0,005%, I am sure there are many countries that are 100% not using bitcoin. so impossible that bitcoin replacing fiat money.
It is a fact that only few countries are into bitcoins most of them still doesn't know what bitcoin is. And it is an impossible thing that bitcoin will replace fiat because it will always be preferred for the transactions that are happening worldwide and countries will not gamble their government upon trusting and replacing fiat with bitcoin. To make bitcoin replace fiat it must be teached at schools to the next generation. The old persons are addicted in old behaviors, that means fiat and not crypto currencies. On long term bitcoin can replace fiat but it will take too much time. Luckly it will happen in decades, but there is the possibility to happen only after a century or so. Even it will not be taught in the schools as long the local government will implement usage of it and it can be applicable to use bitcoin instead of fiat. But that is really impossible to see that it will happen. Because they aren't going to let bitcoin used by the people because it can make the people avoid on paying their obligations likes tax. The government will only support it if it will benefit the majority and they can collect taxes from it, I guess that should be figured out first. The government are making ways to regulate bitcoin but they cannot do it totally, it's anonymous, therefore it cannot be prevented there are transactions that might be out of their control. In fact, they can collect tax from bitcoin services that are being offered by local exchanges but that's the tax of operation. But getting tax directly with our bitcoin transactions, it's hard to do. And because of its decentralization the government will not have the guts to make it as a primary currency but it can be an alternative. Actually Bitcoin is considered as investment coin just like gold and silver so if you are trading then you will be paying trading tax and showing as short term profit or loss. Fiat currency is different as it is used in daily life , so dont get confuse of bitcoin replacing fiat, both have different features and their own benefits i do agree on yyou if we are talking about trading then you are right we need to invest money so that we could get in return from it . We all know that without any money or bitcoin in trading then you cant buy something to trade on like altcoins. Well bitcoin is not replacing fiat because both of them play a role in our life. so its diffirent |
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I mean there are hundreds of bitcoin dice games, there are tens of known ones. Everyone plays at the same places.
If you were to start a new dice game, how could you attract people to play on your website?
I was thinking about starting a moneypot based casino with dice, hi-lo and so on but I am not sure if I can attract people to come to my casino. How can you do that?
If i were you i will not do dice game gambling its every where now adays if you really want to attract peple to play on your website create a unique one that will people visit even your not advertising it. Moneypot is good but you can't make good profit there too if really want to attact people what i say  If you add your own twist and bring a dice game that was more attractive and had better graphics. You might still be able to compete in this market. If you add some promotion to it it would be even better also dont forget the transparency when needed. There are a lot of people that shy away from using a gambling website because they think there's something shady going on. If you keep you website transparent and gain trust of the users. You can still come out on top. competitions everywhere i do agree on you sort of make a gambling website that is rare not the same with the gambling site which is you do have a uniqness or different from other dice gamees because it could attract gamblers in that way then you can make them addicted to yyour websiite and they get back. |
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I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
I used to spend whatever bitcoin I would earn but now I have stopped myself from spending and now I have started saving bitcoin. I believe bitcoin price will now increase rapidly and spending them would be foolish. Although I am still open to investing in any good business opportunity. Well nice strategy dude! saving bitcoin to earn more profit from it is best strategy though it really takes time to earn more from it because it needs a lot of time years to make your bitcoin earn a bigger profit so hold it for almost 2-3 years then that is sure profit soon. Patience is a virtue dude. |
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I think it won't happen as long as bitcoin user keep use legal services and government ask every legal services which accept bitcoin to include tax as well which automatically converted to their fiat currency.
The real problem when bitcoin user spend their bitcoin which don't take taxes at all such as non-registered online shop and black market.
Yeah i agree to you. As they said, there are 2 types that we can never be avoided, the death and the taxes, but some also said that "Death can be avoided but tax can never be avoided" it is quite funny since it is true  , we can't avoid by paying taxes or even the death. Yes maybe bitcoin can kill the income tax but when? for sure it would take a long years to do that. Theres no harm to wait This will not happen. No government will say "oh look there is this thing called Bitcoin, we should forget about all the millions income taxes bring us and let it be a thing of the past". So there will always be an income tax. Generating income and not paying that is and will be in the future illegal. If you think Bitcoin might help you to not pay it, then this is your opinion, but it is still not allowed and pleas tell nobody anything else. Well as you said, we have different opinion, but i guess your right and i agree to you that it would not really happen. Maybe it can lessen it but it would never totally kill the income tax. People either a user for a bitcoin or not, they paid income taxes because it is required. Probably the government will make a drastic measures just to tax bitcoin users properly, they know our system as it's open to all. There is nothing we can hide that they wouldn't know. Always think that they are in power and we are not, they can do anything that will make us force to comply with. You are right. I attended a seminar about income tax or sort of tax here in my coutry well as they said government have a power to tax all of the things and you cant stop it . Well that bi think if they know our system them they will do that |
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Wow 300 btc? Really? He won 300 btc just from a dice game? This is unbelievable.
Some people will think it's a stupid thing to place some big amount money in dice game. But look, he won a great big one amount. Congratulations
Yes, it is 300 bitcoin and yes he won from bitdice's dice game. The game is already obvious from the name of the site. And if there are people who think its stupid to bet big amount then what do you call those high ballers that are always in the casino's everyday everynight? There are even more gamblers who bet big and won big amount. He unfortunately lost those 300 and about 200 of his own coins. Its really possible to win 300 BTC with 80+ BTC maximum win. Damn he lost 200 bitcoins? that's huge! he should've walked away with 300 btc profit. investors must be happy to see their bitcoins increased. Yep, that's a prime example of knowing when you should walk away, he could've been rich but he chose to be greedy and lost everything because of it... Gambling is supposed to be fun but when it has such huge impacts on your life I don't think it is anymore, and that's when you need to stop... well other people said that if you win some big amount of money with just easy way and not really exerting effort then it will be taken away in a matter of seconds. I do agree on ou that if you are really greedy and not able to control your self on playing gambling games then you should better stop it . Thats not good anymore |
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I am.thinking to start my own site 1) for bitcoin faucets 2) bitcoin news but it needs much amount of money , I think it takes about $50 to start at its best . Since i am not a earner , so I asked for money to my brother , but he didn't understanding the bitcoin advantage . Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin . thanks in advance  I cannot say that bitcoin faucets can be one of the advantage of bitcoin. For me its just an amusement and like what other said here it will gonna waste your time. The real advantage of bitcoin was is when you are sending money you don't need to go outside, to communte going to remittance outlet, all you need is mobile android phone with net connection or laptop its enough and you can do money transfer. you are right in terms of sending money through internet and received it instantly then that is one of the bitcoin advantage because we all know that it is fast way to send online. Well we could also use it by buying some stuffs if the merchant accepts bitcoin as payment. |
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I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
Bitcoin trading has always worth it but in recent time the price has been fairly stable which makes day trading difficult but at the same time, Alts have proven to be a very potent alternative the issue there is knowing the right coin to buy in other not to make some mistake. I believe you already know that based on the way the question is being structured. Not only about the volatile price that recently not there. But also the current price quite high per 1 bitcoin , makes people a little bit doubt to invest huge amount. When the price around $300 there a lot of people around me holding bitcoin more than 10 bitcoin and trade daily , but now ..... less than that. Not as worth as when in low price i guess. Yeah the high price of the bitcoin has been always a huge problem when it comes to bringing new investors because they are always afraid of putting huge amount of money into it considering it does not have a stable price or a stable growth rate, and it involves a lot of courage to get into it but no risk no earn. i do agree some of invest wont buy bitcoin or invest bitcoin because of its price it pumps and dumps and lately lot of user panics because of the dump of bitcoin and those who is not really experience user of bitcoins and they sell it. Well going back to the topic. those really skills investor they would really buy bitcoin |
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As other members said above if you tend to play on sports betting you should really consider on which sports you do have your interest so that you will know the disadvantage and disadvantages on a particular team because if you dont have any idea you wont find it profitable or enjoyable at all.E-sports gaming is very enjoyable for me if you do know how to play that game,you will enjoy on betting it.
Yeah right, if you do sports betting is definitely going to bet on a favorite sport. By betting on a favorite sport will make us know about the team that competed so that we can predict a stronger team, it will increase the chances of winning. It would make more fun to me, especially if it wins I ever bet on e-sports a few times but always lose because I do not quite follow that game, I often bet on football and basketball. Betting in you favorite team !that is all about sportbetting gambling well we could say that we do have a higher chances to win in that gambling game because we know who or what we are betting and what is they capable of. unlike dice games it is difficult to predict. well i didnt say that it is easy to predict in sports betting but you do know who to bet |
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If you have skill in trading, it can be best source of bitcoin. trading is so much popular now in earning bitcoins. trading will going to manage your money and have a small risk of loss
For you to start trading you need a source of the bitcoin to trade. You can not just start trading from air and earn bitcoins. I think what OP wanted to know is where people get bitcoin. What people are suggesting here are ways of growing bitcoin but the source of bitcoin. The same as also where you get a source of the bitcoin to HYIP, Cloud Mining and other in vote, you need funding for it. I think the OP wanted to know how to grow bitcoin he had Investing in HYIPs, cloud mining, and other suspicious sites will the result of losing of your money, it's better to avoid all of that because you cannot earn that in reality and it will only lose of your money, you should do trading if you want to earn safe it's also have a little risky but once you have know how to trade I'm sure you can avoid that risk. Even on trading you cant still avoid the risk of lossing money but still its the best way on how to make one but you will need to learn from it because trading isnt easy at all but once you learned it you could somehow assure to make money in longer runs and you are right those HYIPs cloudmining etc. would definitely lose up your money because they are just total scams. Trading is best but i do agree that you loose sometimes really thats why you need to learn it first and have an experience before investing big money through it because youll end up loosing well you can send your money from signature campaigns to try trading and earn more/ |
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There's always hope that you can make it big. If you have been gambling for a while, I'm sure you've had that one long run of good fortune which has close to unbelievable but then u did something stupid to lose it all. We just try to get that run again and hopefully you won't need it up. Only to find out you've had that great run again and you've messed it up again  . So this always keeps you interested in gambling and you think you will reach that crazy run again and this time actually do good with it. Nope for me I haven't won anything till now from gambling. But yeah I agree with you most of the people gamble to win big but that in other words is greed. The best way to not lose anything in gambling is that you should gamble or gamble the money yoy can afford to lose. Well you win i think not once or twice you win but you dont notice but we could say that some of the gamblers win bigger than us. Peoples greed is their biggest problem thats why they loose pretty much. As my self though i lost i do play because of the entertainment that it gives to me |
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could this function is a bitcoin for you and also including me, because I once had financial problems are urgent, luckily I had stored bitcoin, so when it is still helping the financial me because of the work of real I sometimes still lacking for covering daily needs
how about you whether they have been experiencing the same thing as me?
Well we are the same As of now i do have a real work in real life then bitcoin is my sideline but the problem with my work right now is we dont have yet a salary because it is delayed for some problems so im relying to bitcoin right now. Every week i do withdraw my money so that i do have a money . Thanks to bitcoin and in this forum |
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Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
We're in the same boat dude, I'm always wondering before how this Bitcoin works and how it creates money. The more people will be involved the value will rise. Putting all the efforts just to have a good rank is one of the key. And as time goes by the worth of BTC will get more higher than we're expecting. You are right dude! well at first we dont know where to start and how well we just go with the flow then we can figure out it. Well you cant earn any if you are lazy and not dedicated to it thats why you earn and here in forum you need high rank to earn bigger . well low rank can earn too but too low |
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Anyone received their payment ? I havent received it yet . Any problems?
Alex should process them soon. Okay. Thank you. |
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Anyone received their payment ? I havent received it yet . Any problems?
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
No, Mr. Nakamoto Satoshi did not create bitcoin for those things such as porn sites, gambling, and drug dealing sectors. Bitcoin was made for good purpose. It depend on the users of bitcoin of where He/She gonna use it whether for good or bad purpose. Though bitcoin was design for Shopping Online, Money transfer, Billings, Savings, etc. Therefore this will depend on how we treat bitcoin into our lives. That is the real purpose why he created bitcoin and not those bad stuff the most of the person in deepweb using it . Thats the problem now because the name bitcoin when they hear it then they think it is illegal that is their first impression but bitcoin is made for good and to earn and to help us |
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I think the miners dictate the price of Bitcoin, once their input go up (difficulties level, electricity cost, equipment price), you can't expect them to sell at loss, so they increase the price they will sell there tokens.
No they do not! Bitcoin is decentralized, so no one has the full capacity to dictates its price. Whatever any bitcoiner does like hoarding,pumping,dumping,etc, only goes to offset the market demand and supply of the coin and which is sooner than later reflected in the price. it is not so easy to manipulate the price of bitcoin, may be in past when the bitcoin users were few in number, but as soon as the number of bitcoin users are increasing it is also becoming more difficult for an individual or a group of people to increase or decrease the price of bitcoin. To manipulate the price of bitcoin, you only need to manipulate the holders of bitcoin and that is very easy to do, if the price gets lower by 50 dollars you will see a bunch of threads in the forum stating a bunch of FUD and that this is finally the end, people sell and the whales get cheap bitcoin. That is panic selling when the price of bitcoin keep dropping. Well that makes the more bitcoin drop . well i do agree you can manipulate if you can manipulate to sell or buy bitcoins because it can cause of dropping and pumping price of bitcoin. Also i think if you do have a lot of people and try to play with the price using a ton of money also you can manipulate it |
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I am.thinking to start my own site 1) for bitcoin faucets 2) bitcoin news but it needs much amount of money , I think it takes about $50 to start at its best . Since i am not a earner , so I asked for money to my brother , but he didn't understanding the bitcoin advantage . Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin . thanks in advance Your plan is not a good idea, Sorry for disappointing you, because its not profitable actually. And faucets is not profitable though it will give you small earnings but a waste of time for me. I think better for you to think some other options in earning bitcoin, you can try blogging, or create coins in crypto world etc. something like that. Thats truly a good suggestion, at the same we need to know about the person whether he is knowledgeable or not. In such case only highly knowledgeable people can involve into creation of coins for a better profit. But with faucets anyone can earn easily without much difficulty and skills, lot time is required to be spend. Well creating a coins really requires a skills and knowledge from it. Also i could recommend faucets for newbie but just to learn what really bitcoin is and how hard to earn it well after that if he/she stays to find another method to earn more then that is the time to reward the method the he/she could earn more if he/she is not lazy. |
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Bitcoin is seen by most politicians as a threat to their model of government. Therefore, it was expected that, at a time or another, such governments would try to bring limitations against the use of Bitcoin. The point is that they would be struggling against technology, and more than that, it is a decentralized form of technology.
Well i dont see any problem about bitcoin if im a government . I think the main reason is it is because some people use it as a payment for illegal transactions online and any and also bitcoin has no tax that is the first came up in my mind but other than that there is nothing reason to limit the use of bitcoin. On the other hand i think china was the cause of the lately dumping and pumping of bitcoin |
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All they have to do is Block companies from taking BTC and block banks from letting people exchange it for fiat.
It wouldn't be enough people still be able to exhange bitcoins. If you think that bitcoin failed or will fail what are you doing here, just trolling? you have nothing to do? You are right why you are still here but the point is what if bitcoin will fail. Well i could say that there also many ways tto exchange their bitcoin although that will happen . One exchanger will rise on that time bitcoin user will make ways to exchange it no matter how difficult it is |
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I love to bet on live matches specially soccer matches because we can get really nice odd during match after one team score or game is running on tie for longer time.  Sport betting are easier than dice game since sport betting sometimes only need experience analysis to predict the result But still sport betting have their own risk ( unpredictable ) Well most of the gambling games do have its own risk but sportsbetting is low. Well i do agree that it is unpredictable sometimes but not like dice games because in sports we couldnt say that this team or player will win what if that time looses then you loose also |
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