my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country. government in my country are not banning bitcoin but they are not legalling bitcoin too. so they will not take any responsibility of any problem related bitcoin. but I agree that if they learn about bitcoin deeply they will easily support bitcoin because it has so many advantage. |
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I converted all of my saving to bitcoin. I set aside fund's every month, hoping to grow it as an investment or use it for emergencies.
It is one of my best decisions ever, not only are my savings growing, I find it easier to save with bitcoins as it is harder to spend unlike cash and cards - allowing me to save more.
yes that is good way to save more money. but we will find more merchant that accept bitcoin as payment method in the future. by using bitcoin can make easier to pay electricity, watter, tax, and phone bill, we do not need to go out side only for paying those bill. |
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The best thing is to try before make a decision. For example, you can trade with small amounts and see how it works and if you are good in that.
yes we have to learn before put all of our capital in trading. become a skillfull trader is not easy, its need time, hard and smart work. although trading crypto currency is not as difficult as trading forex but trading without any skill will be such as gambling. |
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I like bitcoin because it's anonymous, and I do not need to give my personal ID to anyone before using bitcoin. In addition, unlike currencies fiat, bitcoin can be used around the world. While fiat can only be used in certain areas.
I am the same with you, I like bitcoin because we can use it everywhere but there is only few merchant that already knew about bitcoin. I heard that a lot of merchant in china that accept bitcoin. |
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Just like what other and what other threads with the same content as this yes bitcoins has no limitations in what the users must be in order to use it,its free so anyone can access it and learn
yes I agree with you. it is the advantage of using bitcoin, we only can use fiat in area which it is adopted as payment system. we have to convert it first before use fiat in out side country. |
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First you can find online exchange like freebitco.in and you can invest as they are giving 4% above interest seconed stored in offline wallet buy locker from bank keep it there . Third convert bitcoin to fiat currency and put it in your bank account.
I think there is no problem for saving bitcoin. we do not need to convert it into fiat. bitcoin wallet security is good so we do need to worry about it. also saving bitcoin is nice investment. |
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Some countries still have wrong opinion about the Bitcoin, they think it's crrated for illegal activities and that can be dangerous for their citizens or economy. So they think they could do something with bans or similar. But this is very wrong and doesn't lead to improvement. We should work on education on raising awareness about positive impacts of Bitcoin.
The bad news about bitcoin was influenced people acceptance of bitcoin. Probably if we use bitcoin in positive way more than the negative, it could make people believe that bitcoin is good technology that can help our lives. |
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
I think because of the large number of users using bitcoin. Bitcoin can not repair a country but bitcoin can improve one's economy. Because bitcoin is a risky trade I think the state will not invest its money into bitcoin Bitcoin will not be risky if it is adopted by most of people in the world. Bitcoin can help countries which have no good remittance service in their area. By using bitcoin people in their country can reduce the money transfer costs. Of course it economy of country will improve. |
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I tend to agree with the sentiment here Bitcoin for me is money but also a trading currency.
Both features make bitcoin the perfect currency for a webdeveloper and guy who likes innovation at it's best.
You've stated it very well. Rather than being Money, bitcoin is also a trading tool for me. When I trade, I trade altcoins only against bitcoin. The value that always increase is attracts people to use bitcoin. For me bitcoin is the future of money and good investment. I try to grow the number of my bitcoin in trading so now it such as my side job too. |
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Well, some people would say that confirmations take a lot of time. But this is necessary to maintain the safety of transactions.
Anyway if we compare bitcoin transactions and other remittance service, I think bitcoin is the fastest one. In the past, people were considered the volatility of bitcoin is a disadvantage of bitcoin but now the trader considered it as advantage of bitcoin. |
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Fiat will still be needed even if bitcoin price reaches $ 10,000, for small transactions we still need fiat, if bitcoin price is higher then transaction fee also higher, it would be very harmful if we use bitcoin for all transactions including small transactions
I doubt with that, because people will think smarter. Probably people will use bitcoin for big amount of transaction and use altcoins for small transactions. There is no inflation in cryptocurrency so this is still best form of money. |
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Until now only a few friends who asked about bitcoin to me and even then still do not understand but I am sure someday they will understand the benefits.
Probably people have their own business that takes lot of attention. You need to show them how bitcoin works and how get profit from it, may be it will work. Although my mother always ask me about bitcoin but she's do not understand yet. |
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Bitcoin has surpassed WU from a while already, and is better than WU in every aspect if you think about it, from the fees, the number of outlets, the ease of use, the privacy, the defensive abilities against fraud and the overall market cap and number of transactions conducted. I am wondering about the numbers now (and if we already reached PayPal or not).
I think bitcoin and blockchain thecknology will be the best remittance service. Bitcoin users has full control of their money, there is no strict rules or limitation in transferring money. We can send bitcoin anywhere and anytime as long as there is Internet connection. |
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When South korea and Japan officially legalize bitcoin, then I'm quite sure that the future of the bitcoin will be brilliant. This will be followed by other countries even later trade between countries will be using bitcoin.
Asian stock in 2017 only gain17% aproximately but the value of bitcoin was increase 124%. I think those two countries legalize bitcoin because a lot of their citizens invest in it. I am sure that more countries will accept bitcoin in the future. Especially Asian countries. |
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I save bitcoin as investment in a hope that prices will go up in future.What fun could saving bring?I think nobody save anything for fun.
Of course there are users who use bitcoin for fun, maybe for trading, gambling, porn site subscriptions, etc lol But I'm using bitcoin for long-term investments People can use bitcoin for fun such as try to get new experience in transaction that fast and practically. Honestly my friend was so excited when he know that we can buy something without fiat. |
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I think some country do not allow Bitcoin because they are scared about criminals, high tech criminals that use Bitcoin as their payment method, an uncontrolable way to pay
Criminals that use bitcoin as their payment? Where will they pay? They are not the one paying, their costumers are. And they get their money by stealing them. If these is the reason why the government do not allow bitcoin, then all country will never be accepting bitcoin because we all know that bitcoin is widely used on the Deep Web. Yes I agree with that, but bitcoin become legal in some country, for example japan and america. I think it depends on the consideration of the state it self. Actually bitcoin is very useful for us so every country must accept bitcoin. |
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It is really a good source of income for everybody so you can really earn a good profit by doing many thing to earn bitcoin by doing it you can it a great profit monthly for every one if your doing some kind of mining etc. Forums campaign are not a consistent profit but still you can relay on it for a profit.
Campaign will not give you profit but it will give you salary in certain period but it still good source of income. Investing in ICO could be good way to earn profit because when the altcoin get in the popular exchange, the price could be rise up to %250. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
But the inflation of paper money make the value decrease. I think the time when we can buy food using bitcoin will be come, probably not soon but I am sure it will happen. |
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BTC for me is digital currencies used to buy items or goods thru online shop, However its also use for making online businesses. Moreover, they used as payment thru online services.
Since so many new people come to use bitcoin, the price of it is increase. So for me is such as an investment too. Also is such as problem solver for current payment system that a bit unpractical. |
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For me the wallet to use is an online wallet. I tried the core wallet a few years back, but syncing is taking to much time. So my bitcoins are with coinbase and blockchain. My altcoins are in my pc wallets.
Although the syncing is take a longer time but it is more saver. Divide your bitcoin in both so you can still can use online wallet for daily life. online wallet is good enough to store small amount of bitcoin. |
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