I treat it mostly as an investment, but I also spend a lot of Bitcoin in shops that accept it.
So, it's something that very serious for me.
yes it is also an important investment for me. as bitcoin is continuously giving me a good profit therefore to me i always give more importance to bitcoin and also give a proper time to bitcoin, i do regular study of bitcoin market and some time invest bitcoin in alt coins which give me good profit in the end. |
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is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
Can transactions be seeded up to save customers time or any other way to use bitcoin at local stores.
I think It is fast enough, although it will be nice if it can get faster, with this speed will not apropriated for transaction in supermarket. But it is really fast to sent money to outside of region. to me i think the bitcoin transaction is fast enough and but the problem is in conformation, as some time it take some more time, but some time the conformation also take second while other time it take hours to conform the transaction, i think this problem should be solve on priority basis. |
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Those peoople are interested into get some kind of interest on their bitcoins, something we can get with lending at poloniex, besides that i dont see any advantage into let my bitcoin under the control of banks, bitcoin its freedom, if people let the coins into a bank, bitcoin will be useless.
You are right, bitcoin is freedom and we are decentralized while bank are centralized. It's hard to consolidate the two as one should be inferior and I believe we are inferior when it comes to transaction online. We should fight for our freedom as we do not need bank because we can do banking here in the blockchain. In our world, there's no one controlling us and we can continue to be anonymous as long as we want. I agree and I do not think that we need a bank because its honestly not needed, the bitcoin is already doing well and why would be need a bank for what if I may ask ?? yes i also agree with you, but to me may be in future we feel the need of bitcoin banks, when the users of bitcoin will increase too much and we also feel the need to have ATM machines in public places and in market so that people can get benefit from it on the spot. |
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Its true that India have banned Largest Fiat Currency Notes in India to eliminate black money from Market, as 86% of currency is used in India with note of 500 Rs and 1000 Rs. I think This decision can really reduce black money supply to market, Its true but its too dangerous for common people who are genuine and stake some of note for security of financial freedom.
Still in India new launched currency note are not distributed to bank to avail for common citizen.
I personally think that bitcoin or any other decentralized digital currency can give best solution for such crisis of money supply and for reduction of black money use with centralized government acceptance with regulation for digital currency.
yes that a fact that they have taken the step to stop the black money in the market but i thin it will not help them so much, they need to take a positive action again the smugglers and the illegal printed currency center they need to vanish the evil from the root and only it will be fruitful. |
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Yes,China sort of control bitcoin cos they have huge mining farm there and it just like in the real world the side which have a huge share of a company control must basic of the company, you know?
nope it does not mean China can control the bitcoin including bitcoin prices in general, bitcoin users is very large and spread out in various countries, not only in China, so I think China can not control bitcoin I agree. I also think that China does not control bitcoin. Even with large hashing power of bitcoin can be found in china, not all this mining farm is owned by Chinese alone. Besides, I also think that bitcoin is widely spread out globally. And i don't think having the majority of mining alone can control the entire bitcoin system. You guys are right when you said bitcoin users is very large, spread out in various countries, not only in China and not all this mining farm is owned by Chinese alone. But where can we find the large mining farm and who keep in checked mining tools? yes that is a fact that bitcoin is spread in all over the world and you can find the users of bitcoin in all over the world, but it is also a fact that the number of chines is more in bitcoin world there is no doubt about this. |
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Both the crypto and fiat are different from each other and so will not make much difference but can be helpful to each other in some ways
yes i am also agree with you. i also think that bitcoin is not going to disappear banks, i also think that both will work together and a time will come when banks will accept bitcoin for depositing and withdrawal, and for os many other purposes. |
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One thing to consider is this. Some people call certain things illegal. Other people call them legal. Who is right? Bitcoin legality and illegality means nothing. As long as nobody can collapse the Bitcoin system, the only thing that matters is if someone is harming someone else, or stealing his property. The only reason why government jokers call Bitcoin illegal at times is because, Bitcoin use is taking away their freedom to enslave the people. So, who is really illegal? The free people? Or the slave making governments?  yes that is a fact people having freedom from centralize currency to be exchange for trading in some other currencies while bitcoin do not need these thing, bitcoin being universal currency having same value every where, while governments what their supremacy over every act of the people. |
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Nobody is safe even the FIAT money I think but for me Bitcoin is more safer than FIAT in terms of robbery, so in short nothing is safe it's just how you can safe it.
Bitcoin is growing very solid and the indicators are showing very soon it's going to the moon. Fiat is old method but bitcoin is more safer and advanced to pay there. Yes indeed and bitcoin is going really strong. With $11,418,847,704 market capitalization, thats huge. We are speaking here in billions and those who trust bitcoin, do not want it to become waste. All of us makes this cryptocurrency strong. yes that is a fact that bitcoin is becoming more and more stronger that its previous position because people are investing their assets in bitcoin, hope that in future bitcoin will be more stronger and all the people of the world will be using bitcoin both for investment as we as for shopping. |
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There is no other coins to replaced bitcoin on the top bitcoin has a good progress since start and the adoption of more people are continuous it also help the great value of bitcoin to lure more people to invest and no other coin like good services of bitcoin.
Let's hope for that so we will continue to grow with our investment. In crypto world, everything is full of surprise or unpredictable so we need to be very careful with our judgement. Invest only what you can afford to lose and do not just put your investment in one basket. we can assure that bitcoin will never be replace by another cryptocurrency because bitcoin already has large network and a large number of people and huge amount of dollars has been invested on bitcoin also it already has a very large market which is spread to many online community . I do think that bitcoin can hardly be replaced by other cryptocurrencies but nothing can assure that bitcoin will rule the world of crypto coin forever. Who knows what will happen in the future because everything is unpredictable in this world, we can't even exactly predict the price of bitcoin not to mention its future. So just make the most of bitcoin while you can  That's right, though it wont be possible for any other currency to replace bitcoin but as it is unpredictable so we can't really say this for sure that bitcoin would live forever as it is digital and anything can happen to it in coming time. I think bitcoin will stay on the top of cryptocurrency. It maybe unpredictable and fluctuating much, but it is still the best cryptocurrency so far. If it will be replaced, it will be replaced by an improved bitcoin with faster confirmation and bigger blocks. yes that is a fact that still bitcoin is still on top, and hope that it will remain on top for every, as we can see that the popularity of bitcoin is still increasing more and more people are entering in the world of bitcoin and making it more and more stronger, |
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Not yet but someday may be as I am regular buyer of states lotto of 6/49 that is for becoming rich as that is substitute branch of gambling that's why I mentioned that. Now I come to this known gambling where I don't have chance because is impossible here with small bets to win really big in those games where I play actively.
i also hope so that a time will come when when will become rich in gambling but there are always very little chance of making money in gambling, you must need to have good luck in gambling if you really want to make money in gambling. |
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I don't even consider Coinbase or Circle as a wallet as they don't even give you access to your private keys.
Yes, unfortunately they are providing wallet services with limited features, especially not allowing us to own our bitcoins. If you are going to use one then I suggest btc.com (It's HD and multi signature too) and If you are going to use one of phone then Mycelium should be your first choice.
Xapo might be another choice, I have been using it for gambling site's deposit/withdrawal without any specific problems just due to gambling activities. But when we are crossing $3000 over all transaction history, we need to submit documents to enjoy higher limits. yes and i myself using xapo that is really helpful, having no problem at all, i think still i not reach to that limit therefore i never fell to submit my document for unlimited use of xapo account. |
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No No No and Big Fat No. Money is needed in gambling, and where they can have money for gambling? from their parents? That is the worst thing ever when you use your parent's money to gambling.
yes i a also no in favour of child gambling, to me children should give preference to their education and then no need to win money through gambling, gambling is just like poison for children. |
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in fact it is very difficult to control my self while playing gambling but actually i booked so much lost in previous days that now i have committed not to exceed the limit of my gambling.
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I think there isn't an easiest sport to bet. You must bet on that sport you have knowledge about to do the correct bet and win the prize. I think Soccer is a popular sport to bet nowadays because it's very famous on Europe, South America, Asia... People are betting a lot on this sport.
my personal experience is in cricket, as i remained a good player of cricket therefore i have always made a good profit in cricket gambling. actually i also know about the history and career of every player the strong and the week position of every player therefore it is easy for me to make money in gambling on ciricket |
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We commit mistakes because we take over by our emotions but this doesnt matter for me anymore because it is by human nature. If you commit big mistakes move on and try to correct that mistake
yes i also commit mistake because of my emotion, i lost my whole money in hand and also a precious mobile. and then i decided never to exceed the limit in gambling, after that i have some control on my emotion. |
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As low as possible. Except yesterday when I tried to gamble just $3 because I won it on PrimeDice from referrals, I am playing most of the time just with faucets or nothing. If the site doesn't have a faucet, I don't play at all.
yes my choice is also to play gambling with a low amount as i only want to get fun and also make some money, but there are some people who play gambling with a large number and they do this because they cannot get amusement and fun with little bits, therefore they always try to bet with large amount. |
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Its really rare that a gambler can win in gambling, most of the time the gambler will lost it to casino, that is why there are a lot of casino appear, maybe from 20 times playing the gambler can win 1 or 2 times only of they are lucky
yes that is a fact that the winning percentage in casino gambling is very rare, one can be lucky very often, but in sports gambling the winning percentage is a little more that casino gambling, it is my personal experience in the world of gambling. |
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Gambling is risky game of money from which most people lose and just a few wins. Gambling too is addictive and fun especially when you're winning and that's why most people can't get away from gambling once they get in it.
In gambling you only win from the start then you lose whenever you win a certain amount.
Yes it may be a sickness because you want to get rich as much as you get not knowing that you will be poor sooner or later. What I mean isthe addiction if you are addicted then you cannot think properly. And its start to temptation in which you are curious on that matter trying to win big. well said its a sickness. if you put gambling in everyday in your life doing then your addicted to gambling. and addicted is a sickness. Yep and that's probably about the only way to put it, gambling is an addiction and an addiction is a sickness. Some would argue otherwise but i think that an addiction is a sickness. but i am not agree with this statement that addiction is a sickness, as i am addict of morning walk. so it s a sickness, i do not think so it is a good and healthy hobby and i cannot stop that hobby as i am addict of it. therefore all addiction are not sickness. |
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I personally knew a few people, whose lives got destroyed due to their addiction to gambling. IMO, the addiction towards gambling is even worse than that with drugs or alcohol. I have seen a lot of people claiming that they have profited from gambling. But I am yet to see one for real. IMO, the only people who benefit from gambling are the ones who run casinos and online gambling sites.
That is right,because having an addiction to alcohol is not as dangerous as having an addiction to gambling,because when you are addicted to alcholol at the worst scenerio you will end up losing your mind every night and having an hangover every morning. But when you are addicted to gambling you can end up losing your house and all of your savings,a thing that can hurt your surrendings and your family,not just yourself. yes but if you just limit your gambling up to certain amount then you can prevent your self from hurting too much, but it need a strong well and decision power. |
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I can control myself when I am playing gambling. I will play only sports betting, In sports betting, I can handle my money management, and I control my feelings if I lose my bet I will not follow that again. But in slot games sometimes I will lose control.
it is one of the most difficult job to control our self from gambling, but still i have make a strategy, when ever i went to a casino for gambling i only bring such amount of money that i can bare to lose, and when i reach to that limit i automatically stop gambling as i become out of pocket then. |
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