Maybe, someday digital money will be the main, but I think paper money will never be eliminated, because paper money is a currency that is simple and easy to use. I think it's the perfect shape to use in the real world.
There is some dissadvantage of paper money that will makes people think twice to keep using it. First, the endelss printing will make it worthless, second it is easily rip and burn, third exchange money is always needed so it is not so practicall to use.
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Other than of the way that bitcoin is extremely helpful for online business. It resembles profiting from cash! Exchanging bitcoin , altcoin and so on is without a doubt give you benefit. Bitcoin something other than a stocks or a cash , it's considered multifunction these days. Individuals continue coming to attempt bitcoin , and it's shows how great bitcoin instead of money!
But bitcoin still has a risk, the volatility of it will makes the online business get more dificulty to adjust the price. But for investors, bitcoin is good investment because they can use the volatility of it to gain profit.
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In that case, first i'll try to explain to them the oppurtunity that they are missing in not using/earning bitcoin. Like if you earn and hold them after a long time you have a chance to sell them in much higher price than currently.
But if they still insist then i'll just definitely ignore them and i'll continue what i'm doing after all i'm not the one who lose oppurtunity.
Yes I agree with that. We do not need to do something for people who do not like bitcoin. Just concern to our business, or just tell them that bitcoin can give some benefits for them but if they are not agree with that just leave them. Every body have their own choice.
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I think it depends of period of time, to get maximum profit, certainly investing need longer periods of time (over 3 years) while the trading could generate gains of up to 100% in just a short tempo (a day only).
Yes that is right but it also depend on where do you invest your money. If we invest in altcoin we better make a observation before investing because not all altcoin is good.
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http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? I think it will be good if you explain to the kids by tell them and draw something to make the easier to understand. Kids do not learn enough words to understand the complicated things. Learn by doing is also good to understand bitcoin.
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Which fiat is the OP talking about? Since we don't have one acceptable global fiat currency it will be difficult for Bitcoin to render all fiats worthless even if it hits $100k per coin. I think conventional fiat will remain just as Bitcoin and the two will coexist.
Bitcoin will just gonna be more popular if it is reach $10.000 but not to makes fiat worthless. Bitcoin must be used by all of people in the world to make it happen, the price of bitcoin when it happen might be reach more than $1M thats my opinion.
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I do not think that bitcoin can make banks dissapear because bank can influence the economy of the country. But may be the bank usage can reduced by bitcoin usage. By the way so many people pretend bitcoin such as the future of money.
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Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
For now it is not a highly recommended as a source of income. But for the beginner on their job it is a good extra income for them. BTC is a good source of income if your industrious for signature campaign offered by different companies looking for services especially you are in the higher rank in the BTC world.. Bitcoin such as main source of income is a bit risky. Bitcoin is so volatile, but earning bitcoin as an investment is such as good side job. Just to keep earn and earn bitcoin.
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join the signature campaign. . I was sent you pm. Accept me please.
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I think ransomeware was makes the popularity of bitcoin is grow up. So many people were looking for articles about ransomeware wich bitcoin is also there.
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I wear the avatar and signature, I also add my bitcointalk ussername in the profile. am I automatically enrolled in this campaign?
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bitcoin is a p2p currency. the only way it can die is if people stop using it
As of now i don't think so that bitcoin can die because people using bitcoin are many and almost day by day users of bitcoin increasing because of socail media we spread the good news about bitcoin. I agree with you, bitcoin is such as innovation of payment system that really good. I do not think that people will leave bitcoin. and also bitcoin price is keep increasing so it can attracts more people to use bitcoin.
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Trading and investments !! Own a piece of something !! xD Drop your job trade today. Just try and don't give up and you can do it. Try stick to coins most people don't. That way you can have monopoly much easier and gain higher % gain.
but still we have make sure that the coin we buy has good fundamental. as we know that not all altcoin prices is increase. I think the best is bitcoin, although etherium prices is increase much bitcoin is still most popular cryptocurrency. trading is risky if we trading depend on luck, so for some people it will like a gambling. I think the best way is start minning altcoin then when its price go up we can exchange it with bitcoin.
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certainly for future purposes,for changing my life.
that is good reason to own bitcoin. although the price of is stable at $1000 - $1200 but bitcoin is volatile so the price could be rise or down anytime. but when more people use bitcoin the price of it is tend to rise.
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Trading would be the best source of bitcoins now a days.Because trading offers a slowly but surely earnings depending on the person who is handling the trading system.One thing/source must be listed also is signature campaigns here,most relevant and easy way to earn bitcoins here
but not all people have skill for trading. if people just do trading without any knowledge so it is just the same with gambling. I think the best source of bitcoin is depend on each person. if some people have good skill of selling, so they better try to selling any stuff then offers bitcoin as one of payment system.
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If that happen, bitcoin will be an international currency, because many countries were save USD as reserve currency because they sure that america is strong country that the economy will be always stable.
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If bank want to cooperate with people who use bitcoin, they must leave the dilemmas and follow what the customer want.
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Obviously sell it / convert it into USD. Like if you would have kept a poll you would have seen more than 50% people voting for converting it into USD. The reason behind it is that , when ever the price of Bitcoins will shoot up , most of the people will convert their Bitcoins into their currency, leading to the fall of price of bitcoins . So i would recommend you to convert them into your currency and then buy bitcoins with that amount and then use 10% or 20% of that amount to buy more bitcoins. Continue this process and one day you will have a lot of bitcoins and by bitcoins i mean a lot of money. Thanks
Good strategy, I think sell bitcoin when the price shot up is the right decision, when all people fo panic selling the price of it will be down. So when we have more money we can get more bitcoin.
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In investing, whether you like or not, you can lose or you can earn money. Just like your fear, we must all face our fear, we must fight it. We all know that fear sometimes lead us to lose some of the chances. Like in trading, sometime, we must gamble our money to earn.
Sorry, I dissagree with you. I think the right trader is not do their job such as gambling. Lose money in trading is normal we have to know when we have to stop lose. Trading could be the best source of bitcoin but it still have risk.
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Just from my point of view Bitcoin is not doing well and I suggest to speculate more with altcoins. Why? Because returns are much higher and you need only days, weeks or months to get 100, 200, 300 or even 1000% profits. As I said many times, Bitcoin is stuck in the moment, it is centralized, transactions are slow and fees are high because miners want their profits. Because of that I think speculation with altcoins are much more profitable. So to say about investment opportunities.
youre write about altcoin trading is true, altcoin trading can get high profit and high return, but altcoin trading is same high risk, you can lost much money if you false buy coin you have to find coins which are developed by people who are great and has a good reputation. trading and investing in new altcoin can indeed provide an opportunity to gain a huge profit.
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