As I know bitcoin and bank are have a different function so I think they will keep exist. But it can happen if bitcoin become the only currency that being accept by some country
yeah agree with you. bank is a place to save money so it will be different with bitcoin because bitcoin is a currency. so the bank will be compared with bitcoin wallet because it has the same function
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I use both ways. I buy services and goods with my bitcoin. But mostly I do investments. yeah of course I do not believe it when someone buys a bitcoin and use bitcoin only for currency only it is nonsense. almost all users are in bitcoin is aiming to make a profit from the investment in bitcoin
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I will never do that, if someone is in need of money then I will pay him cash but I won't donate my bitcoin to anyone.
I think people who have committed donations would never say that they make a donation because they do it with sincerity ? so they will not say too much about it
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Whichever method you use, at the end of the day, it'll depend on the person you have in front of you. If they're not interested, it's not gonna matter how you go about it. Usually within the first few minutes of talking about Bitcoin with someone who's never heard of it, I can tell if it's a lost cause.
LOL of course before you teach him. you must make sure that he was interested in bitcoin? if they are not interested in bitcoin and you'd teach him about bitcoin. surely you will have tribulation here
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I will not take risk or experiment with my coins at this stage, I will simply hold till the halving occurs and will sell some of them if price is comfortable for me.
you know there are times when one must take great risks to get huge profits and become rich. you must get out of your comfort zone and take risks
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just give him the android phone and tell them to download games coin hopper or flappy bird. of course they will like it. and they will produce a bitcoin. you will benefit from it
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I wanted to try BTCJam too, i just fear that they go away with what you invested :/
beware most people in btcjam using false identities and go after them to get loans. they will seek trust + first to gain confidence after that they will go and scammed you
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Bitcoin is safe to use and to invest your own money in to it. There have been some cases were people have gotten hacked and stuff but that happens every were not only with Bitcoin. If you do not want to get hacked just do not track any attention and do not give people a reason to hack you.
I think the hacker is not a big problem for users og bitcoi you only need to add security on every purse and you'll never stolen bitcoin. one that makes bitcoin unsafe is fluctuations
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It is really hard to predict what the future will be of the paper money but 1 thing for sure is that paper money will not disappear and that is because it is still many used by many people. And of course you see that Bitcoin is getting more popular and used but that is not controlling the paper money.
widely used not mean not disappear. you know the radio? a few years ago radios used by everyone and that is now on leave because it is considered are too old ?
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For the fiat, it is better to invest it as the value will reduce every year. For bitcoin, it is better to save it.
yeah agree if you are currently holding the fiat money in your wallet. so it is better to invest now to bitcoin, and bitcoin if you already have then it would be better to keep it in your wallet and wait until prices rise
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I regular see the price of the bitcoin, if i see the price is low, I buy many of it, and sell it when the price of it is high, that is the only way i trade bitcoins
yeah I will first look at the price of bitcoin because the first aim is to make profits of course I'm going to buy bitcoin as low as possible before time pump. but I sometimes wrong in the estimated price.
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Future is full light for Bitcoin.It has reached so far and successfully survived through thick and thin.The most important thing which made it where it is today is it was not taken serious competitor.Bitcoin's future now is easy to predict that is very healthy and stable.Just good will happen no doubt anymore.
I think in the future we will be facing tough competitor on the side of the digital currency itself. for now I have found no one can match as digital currency bitcoin. but we will not know in the future
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Pittsburgh Penguins 0 @ 2 Tampa Bay Lightning
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Is there something you'd really like to be able to buy with Bitcoin, but you just can't, yet?
of course I want to buy a lot of things in my own country profiles on online. so I do not need pay ship cost is too expensive and takes a very long time. but it can not happen, because there is online shop accepted bitcoin
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HODL or spend, its the coin holders choice, thats all I have to say on that matter : ) Like money. If many HODL and some spend, that can actually drive the price up. I think HODLing bitcoins is less dangrous than the dangrous fractional reserve banking system our economies operate on
yeah it depends on each person wants to hold or spend it. both have their advantages and disadvantages, but if you want to benefit would be better hold your bitcoin
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Ads and fees.
Blockchain.info has two relatively large advertisements at the bottom of their page, which based on the traffic of the site, will earn them a hefty sum.
Coinbase and xapo charge fiat-btc fees. Lots of people buy/sell with them for the sake of simplicity.
yeah blockchain gets income from advertisement and course fees as well. Coinbase have a business selling / buying bitcoin they earn a living from it
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St Louis Blues 3 @ 5 San Jose Sharks
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If I could earn 5 btc per month then I can afford to quit my job and earn a living with bitcoin as it gives my flexibility to work and I am my own boss.
but to get 5 BTC per month. you need a job in bitcoin pretty good and give you a huge advantage. You can not just rely on campaign Siganture course you need another job like make bussiness or something else
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I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.
are you kidding me? 5 years will not change the price of bitcoin 100-fold lol you can see the price five years ago, namely in 2011 for the 5-year price increase but not 100 times dude
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I can do it. He just needs to pay me 20% of the fee up front. Lol if I did that necessarily very stupid when I had to share it with others people and I only got 20% lol of course I'll take it all dude. but you know hack netowrk bitcoin very difficult
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