Yes i will. I have a lot of dog and i am a dog breeder so selling my dog or dogs for 100,000 USD in bitcoin is a worth it decision. I have a lot of pets and i don't mind selling them because that is my business in my place and a dog for 100,000 is a jackpot price and i will just sell it immediately.
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I don't think that bitcoin will be a good idea to be partnered with taxi because not all the people right now are really taking taxi and they just prefer uber or grab and paying those services with bitcoin is not a wise decision because the value of bitcoin is volatile and you might lose the possible profit with those bitcoins that you will pay and it is better for me to just pay services using fiat.
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Yes i do agree with bitcoin bank because it will serves as our fund in which our bitcoin can be stored. But at some point, it's not 100% reliable because sometimes, there were some errors that occur in releasing funds in that bitcoin account.
What a bad reason you can store your bitcoin yourself, that is the whole point of bitcoin being your own bank if there is not a reason to want a bitcoin bank is that, you are giving them your coins with a 100% change they are going to get it, and you do not have a 100% chance you are going to ever see your bitcoin back, those are bad odds. With the current wallets that we have right now like online wallet, hardware wallet and so on. We don't need bitcoin bank anymore because we can easily make our own bank and that is our wallet. If we are going to have bitcoin bank then it is not a decentralized type anymore because the bank of bitcoin can use those bitcoins to do something that will make profits for them.
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Banks fear about the cryptocurrency because they can lose a lot of users and if the people will realized the importance of cryptocurrency then they will move to it. Banks are centralized and the money that in that bank is controllable by the banks while cryptocurrency is decentralized or means freedom and that is why people want for their money and that is also why banks are very afraid for cryptocurrency to get noticed by the people.
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You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this? I think so. Bitcoin is not accepted in different countries yet and only a small percentage of countries accepted bitcoin as payment to stores and restaurant. Bitcoin needs a lot of time before it get accepted to the other countries also and i think it will be not fast because bitcoin is just starting to prove itself to the country who are watching bitcoin as of now.
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who among you here heard bitcoin back in 2009 and 2010? I was one of the people who is very skeptical about it and I really regret it. I missed the best opportunity for a lifetime. At that time, bitcoin is only a reward from faucets. I think they give 1 btc per click and if you are the one who believein bitcoin at that time may be you are now a millionare because you have a percentage in the total bitcoin available now, unfortunately, I also dont believe to it so I have regrets =( I also regret those times that you can get a lot of bitcoins by just doing faucet and that is not only around hundred satoshi it is around 0.1 bitcoins per click i think. I regret those times and i hope that i can bring that old time so i can do faucet all day and keep them for long term and maybe right now, i am already rich if i will just have at least 50 bitcoins from faucet.
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Wow theres many different ways to earn bitcoin. But heres the way to earn bitcoin . First is myU favorite way is trading because of this I earn bitcoin everyweek but trading is not easy you need a lot of knowledge before you that. Second is investing In icO . Thirs is signature campaign I earn bitcoin weekly but it depends to your rank or how many post you have done and you need to comply all requirements before you get reward.
Investing in ICO is a good way to grow your money easily since they are offering the coin in a very low price since it is just crowdfunding but it is also a really risky kind of investment because it has a high chance to fail and you will just lose your money so if you want to invest in a safer investment then just go with trading.
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I know this has been probably asked a million times but I decided to go all in (investment money speaking) on bitcoin so I am looking for a safe wallet.
I have some stored in blockchain digital wallet but want to take it offline just in case. I did use electrum in the past and still considering it.
Buy some real storage like trezor which is one of the best hardware wallet as of now and there is a lot of serious investors who invested in bitcoin and store it on trezor but the if you want to be more secured then you should divide it into different hardware wallets like buying some ledger hardware wallet so you can have at least two storage for your serious bitcoin investment.
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I don't think that the price will reach to that point very fast and in just a few years because even though bitcoin is now popular in the most countries, it is not still enough for bitcoin to reach to that price because it needs a lot more demand from the people to start going up more than 10,000 USD price and now the demands are not enough even just to reach at least 7,000 USD.
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I know you will tell me is Satoshi Nakomoto, in fact it`s not true. The only true is the username.
All technology what ordinary people use today was designed for military purposes.
EG : CPU, Digital Camera, GPS, Internet....
Maybe Blockchain was designed for this purposes olso ?
What do you think about that ?
I don't think so, because I believe bitcoin is a symbol of freedom and everyone can use it. And bitcoin is not made for military purposes or hidden purposes, but bitcoin is created as an alternative that allows us to make transactions easier without fiat money. I agree with you that bitcoin is not created for them military or any hidden purposes because if bitcoin is created for just those things then there is no bitcoin for the ordinary people and it is just a secret that bitcoin exist but the reality is, bitcoin is for all the people who want to use and also buy it from the exchange for profiting purposes.
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People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.
I also hope for this year bitcoin will rise to $ 5000 and the more the year will increase the price increase. Yes we can see that price will be going to that and right now, the price of bitcoin is seems pumping and we should be ready for takeoff that can happen anytime because the bulls are already awake and they are just waiting for the other bulls to start a really good price rally to the top of the chart.
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I'm not a day trader - in it for the long term. How can I convince myself not to keep looking at the market charts multiple times per day?
Get busy for yourself, if you are a trading or let say an investor since you are into long term investment then you should go out and find something that will make you busy like finding a regular job which will consume almost all your hours in your daily life so you will almost forgot about your investment and you will not be able to check the charts.
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I agree that it has been underestimate, from the start peoples already sceptical about Bitcoin, most of them not believe that Bitcoin can survive and Bitcoin also always being associated with criminal which made the reputation worse, but the real usage of Bitcoin is very huge, there are so many good things that we can get from Bitcoin, if people looks more carefully they will realize that Bitcoin is a great thing
Even though they underestimated bitcoin their mind will changed if they will know what is bitcoin and what are the importance of having it. Bitcoin is the future of our current money and it will help us to do remittances faster than the traditional and that is when they are not going underestimated bitcoin anymore.
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Bitcoin is better than money. Its a way for us to take control of our money without any government or third party involvement.
Bitcoin is indeed better than money and we can earn a lot of money from different possible sources of income like trading and different investment like ICO and more. Bitcoin is a freedom money which doesn't need any middle man or help by the government because it can work alone and it can last longer than we think if the community behind bitcoin will not fade.
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I see more favorably in bitcoin because it is tried and tested for a lot of years and it dies already a lot of times because of the market crash and different fraud that are always everywhere. Bitcoin is the strongest coin of all time and i don't think any negative things about it because i can see that in the future, bitcoin will become the most stable and strongest coin or cryptocurrency.
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I'm goin to save it for future purposes like most people do.Save it to sell it at a higher price. Also if there is an accident, there's a money that you can use if ever.
I agree with you. That kind of mentality is a good way to practice saving for the future. If you are going to save it for the future and keep it on a safe place then you cannot just have a money that can be use for emergencies but also an asset that can generate more money in the future because the price of bitcoin is always rising.
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Warren Buffett is a great investor and for sure he did not let bitcoin pass to him and he actually invested in bitcoin even a small percentage of his wealth. Warren Buffett always invest in the good investment and we all know that bitcoin is one of the good investments so there is no hesitant that Warren Buffet put a load in bitcoin.
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I am going to hold my BTC, possibly buy more if the price crashes and wait for the pump
That is also my plan for my bitcoin, to keep holding it until the price reaches at least 8,000 USD then i will start to sell some of my bitcoins and then, i will just wait for the dump because it is very normal and expected in bitcoin so i can buy more and use some of them for trading and rest will continue the cycle of selling high and buying low.
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Bitcoin is both the asset and the currency. you can still transact with it ,you can buy any service, trade with it and sell it. And if you keep it ,it's value grows by itself . That is the amazing characteristic of bitcoin which makes it more precious than the other things like gold. Gold is an outdated investment right now while bitcoin is a new tool which we can use as a money like buying from stores or malls and also an asset which we can just buy a lot of it or any amount that we want and put it on a cold storage and wait for the price to get appreciate more.
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I was talking to a friend the other day and he told me that two of his friends has left their full-time employment to concentrate on their Bitcoin ventures. < One in Crypto currency trading and the other into imports & exports, linked to ecommerce >
In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
My brother is a student, but most of the time it is for bitcoin instead of learning. My brother thinks he may not need much study, it determines the way to make money with bitcoin. When focusing on bitcoin my brother has earned quite high enough income to cover life and get rich I am like your brother to be honest, i don't spend too much time in studying my notes because i just believe that i don't need those education in school and it is not my priority because those teachings in school are just to make us that education is the key to get rich while they didn't know that being smart is, not smart in school but smart in life so if we want to get rich we should take chances and do some research for the possible opportunity until we sight something like what we have in bitcoin.
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