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They will not agree with that making money online because most of the parents only think that online stuffs are scams and it doesn't give good benefits to us because they always believe that making money is always done in hard work and not working smart. We just need to understand them and adjust ourselves because they are already old but it doesn't mean that we need to stop working on bitcoin.
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The fee of bitcoin is not exploding but only the fiat value of it in USD because of the price spike of exchange rate of bitcoin, the price of the fees are up too so if you really observe the fees then you can say that it is a normal phenomenon in bitcoin because of the growth of its community so the network got loaded up too so it needs more fees for the miners to work more.
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Maybe this is true to think this is very likely to happen in the future, if now there is better technology than bitcoin so we wait for the next few years.
I don’t believe on this. Bitcoin is a crypto currency which change the major systems of the world. Where people used to use paper money, now they use bitcoin for their payments etc. bitcoin’s features are itself the proof of that it is the most emerging thing now. And yes, it will have big competitors in the future but the pioneer always is pioneer. It all started with bitcoin, so bitcoin can never be replaced by a crypto. It is not always like that, if there will be a huge problem with bitcoin then the users of bitcoin will find another cryptocurrency that will help them to escape from that problem and with the other cryptocurrency they can continue their journey. If there will be cryptocurrency that has better features and capabilities then that will become a replacement for bitcoin. |
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For me bitcoin is a helping hand of those people like me who is looking for additional income to support finances and want ti become financially stable. Bitcoin opens a lot of opportunity for a working people like me who's not contented with the kind of salary I get from my current job. Bitcoin is a hope for me.
I agree with you, bitcoin is the hope for the people who want to make more money and increase their income that they are getting from their job. Bitcoin has a lot of opportunity that we can try to make more money like trading, investment and so on and because of bitcoin we can reach our goals and become the kind of person that we dreaming. |
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I do not think so. In finding bitcoin it is a process. The result is a profit that can lead us to wealth. So there is no instant word for everything that proceeds.
yes that is very right to say that to earn money from bitcoin we need to have good experience there, and it is not such an easy way as we are thinking about it. i think earning money either from any why is not such an easy job. you need a regular process to follow for that. Certainly not an easy thing to get rich from bitcoin. I think in any method it is not an easy thing to get rich. I think there is no instant method that is not at risk. if you want to be rich with instant it will definitely be at high risk like gambling, doubling, etc. Of course that there is no way that we are going to be rich without risking because there is always a risk involved in everything and we should take those risk and don't settle our self in our comfort zone because it will not help us to become better or be the best because we are staying to that. Becoming rich needs a lot courage and also determination before you reach your goals. |
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Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .
of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the future Many people around the globe have used this as an investment and they earned a lot through it. Yes! I am not talking about some profit. It is about huge profit they earned through it in the recent years. This is because through the recent years, bitcoin users increased rapidly. So its price did. So the bitcoins they bought few years ago were being sold giving much profit. And this made them richer. yes no doubt that currently people are using bitcoin for trading and investment purposes and they are in fact making good money from there. but even in some places people have the opportunities to use bitcoin as currency and specially for online shopping, where you do not need to chance your bitcoin to any other currency. but can directly use bitcoin for everything. You are right that there are some places where you can spend your bitcoins without exchanging to fiat but I highly doubt that at this stage people would be spending their coins as everyone knows that price is moving in a positive direction and it can go much higher in future so majority of users will prefer to hold their bitcoins and not sell them. That is correct. That is the mindset of the people right now, they are now preferring to just hold their bitcoin rather than selling it right now to buy things that they don't really need. Bitcoin has experiencing a rapid growth on its price and if they are not smart enough to know the best thing to do then they will just waste this kind of opportunity. |
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I don't think that segwit activation was a joke because the lightning network is just missing and the developers are working on that to implement it on bitcoin as soon as possible. Segwit activation is not easy for the developer or the team behind bitcoin because it needs a lot code work and we should just wait patiently until we see the improvements in bitcoin.
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Bitcoins are not winnable in signature campaigns because they are hard earned bitcoins. There is no way to win bitcoin in signature campaign because you need to work hard and maintain having good quality of posts in your account so you will get paid in signature campaigns that you are in and don't always think about earning of good bitcoins because it is not all about that and it is most of the times, about sharing thoughts to others.
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I think $15k before the end of the year is a way too optimistic. Dont forget we have BTC fork scheduled for November. I d say $6k before the end of this year and after that, anything s possible.
There is no doubt that by seeing the progress made by bitcoin it will cross 5-6k by the end of this year but reaching at 15k is not possible. This is hilarious rather. It can be done in next year. Because it can also drop at any time, we cannot say anything about it now. But after it enters next year I think more people will start using it because there are people who are gathering money to buy bitcoin next year they will start using it and result we all know. If you think that price prediction is hilarious then just think of what happen in litecoin when the segwit is activated, it shoots up very high because of the upgrade or development that has been done in litecoin and i think that it is also possible in bitcoin because bitcoin got more audience or people in the community so those prices can reach if we want to and if we unit together to just buy bitcoin. |
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yep my big boy know bitcoin so much and beganing to collect it at 8 years old and he have now about 200$ of bitcoin
That is a good start for a child to start getting educated in bitcoin and having at least 200 USD worth of bitcoin is such a good amount for a child because most of the children there cannot afford to have even at least 20 USD. Keep teaching your child and maybe someday he can be one of the most wealthiest person which his source of income is bitcoin. |
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Yeah i think it can be possible, i dont wanna be too optimistic but i think it can really happens, but it would take so much time, if paper money dissapears then everybody should know what bitcoin is, how to use it, etc. And that is something we dont have right now, only a few % of the population knows what bitcoin is. So before it happens, we need more promotion on social media, or in mass media. Without promotion bitcoin is gonna be for a targeted group of persons.
Bitcoin will never become the primary currency for the world because of its supply which is very limited and it is not even touching a billion supply so how it can sustain the needs of the people in currency. Bitcoin will be just like paypal or any alternative wallet or service that anyone can use to do their transactions and do some other things like investment. |
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Bad news will never ends because that is how they are trying to control one another like bitcoin because if there is a bad news then the people who are not well educated will rely on that news and their emotion will suck their beliefs and they will just sell their coins for a low price and worse, selling it and getting some losses. We should be well educated to know if the bad news are real or not because there is a lot of fakers out there.
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Hi all, haven't posted here in a while... Just noticed how high the transaction fee is now, $5 for a small transaction with blockchain.info Any ideas if the transaction will still get verified with a $0.2 fee... I only want to transfer $10 to one of my other wallets
I don't think that it is possible to get verified with your transaction for just 0.2 USD fee because that is a very small amount of bitcoin for the miners and they are always basing on amount of bitcoin in fees for transactions and not on fiat or dollar based so i think there is no excuse for paying high fees. |
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From the previous year, I have ignored bitcoin due to the knowledge the I have. Most of us here that where starting now really underestimated bitcoin that's why we are chasing more knowledge in the cryptocurrency world. Looking and learning here give me more opportunity for investment. Hope all of us will succeed. Cheers!!
One reasons that might hinders trust and appreciation of bitcoin from most recent years and months until present days is, the volatile bitcoin price so far. Many people doubted the capability of this currency and I think of todays time btc will amazingly touched the heart of everybody and made them feel more interesting of it's current expensive price, that's why investors were growing every now and then; so as the price also be rising. Good point. I agree with you that the volatility is one of the main reason why people are doubting bitcoin because for the majority of the investors, they see a very high risk in bitcoin market since the market is acting abnormally and that is not the common behavior of an investment because we are used to the movement of stocks where they are almost for long term but the price proves that bitcoin is still a good investment and like you said that is why the investors are growing. |
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Bitcoin could be called both as money and commodity.
Since people invest in bitcoins with the idea of getting more returns,it could be considered as a commodity.
But at the same time,bitcoin could be used for buying goods and could be easily transferred like currrency.Hence,bitcoin could also be considered as money.
Bitcoin is both but since satoshi created bitcoin with the purpose of being a currency then I think that is the way we should consider it. Satoshi created bitcoin because he is so done with the problems of our fiat money and using bitcoin we can benefit the decentralization of it and we can be our own bank without worrying for the government or any organization that can interfere us from using it on anywhere we want. Bitcoin is freedom and the solution for the inflation and that is why it is the best money right now. |
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I like bitcoin because its price tends to rise, and good for investment, and can be a main job.
I also like bitcoin because of that. The price of bitcoin is always rising and that is why it is a good long term investment and it can really make us rich if we are just going to be serious in investing in bitcoin and be patient in holding it for long term. Bitcoin can be also our main job because we could possibly earn more money in bitcoin than from our regular job in the physical life. |
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If bitcoin will be mined all of them then the miners will be just getting profits from confirming the different transactions because the miners are the only one who can validate transactions and they can still get profit via bitcoin by doing that. Miners will never leave bitcoin because the fees from transactions is the key to stay in profitable business.
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Before buying the chart check is very important, and why you are doubtful about it, because by monitoring the chart before you can see whether the coin will go up or not .. And I think that's the way traders to choose altcoin
That is must thing that traders do before going for any trade. Chart check gives a random idea about situations about values. And we can predict the future value. I also check it on daily basis because my trading id very intense. So going for any kind of trade without checking the value chart is like eating without teeth. That is really ridiculous. As a trader that is not skippable because that is the behavior of traders, they are always checking the price so they can find a good entry or exit depending on their perspective. Checking charts for traders is not a bad thing because that is the only thing how traders can make more money. |
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5,000 - 6,000 USD price for bitcoin is the one that looks realistic on the option and i think it is possible for bitcoin to reach this year because the segwit is already activated and the lightning network is soon to happen and when that happen, the price of bitcoin will climb very high and the minimum price of bitcoin will be 5,000 USD and i think we can reach more than that.
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I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?
I think here in the Philippines we could use our local online wallet to pay for our taxi fare, And also it gives discount for the first use but never really tried it . If i were you and i have bitcoin and also wallet that allow me to pay taxi fare with bitcoin, i will not do it and i will pay using fiat money instead because even it is just a small amount of bitcoin it is not totally worth it because you also know that there is a fee when sending bitcoin so if you are just going to pay at least 3 USD taxi fare then you will be paying it double because of the fee rate right now so it is not totally worth it to use. |
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