I use Bitcoin for so many reasons. I am basically earning Bitcoin from trading, p2p loans and through signature campaigns. Also I am not Spending My Bitcoins For silly reasons.

I have a dream to buy a superbike using my Bitcoin savings. So this is the main reason for my Bitcoin usage. Also if Bitcoin goes up really high then I can consider buying some tangible asset like house property. So I am saving my Bitcoins as of now and I will continue doing so for another 5 to 7 years. I hope it will really help.

That is a very good step taken by the government of India to crack the black market transaction and corruption. However, the honest citizens will not have to worry for this. Not even for bitcoin transactions.

If you selling something and earning bitcoin in return, then you will have to show it in your IT return form and nothing will happen to you. But if you hide this and the amount is big, then you have a reason to worry. However, government is planning to scrap the income tax totally and about to introduce banking transaction tax and GST. Good reform.

I suggest you to use a-ads...because it is one of the longest time running network and also paying network. I am using their service from long time now and they never missed a payment till date.

But it is a cpc based network so you won't get paid for the clicks, even though it counts. But impression payment is decent and you will not loose your money. Never try google as google doesn't support faucet sites. They will ban you immediately.

Interesting topic. I guess the world wants to speak to Mr. Nakamoto and also want to know his real identity.

Nice try kiddo. Hope you succeed.

This is most stupid question I came across so far. I see no reason, why I should not believe in fiat! Fiat is a government backed currency and also backed by a physical asset like gold. So it is the most reliable currency so far.

On the other hand bitcoin is an anonymous currency and backed only by human trust. People are believing in it and hence it is going strong. If people stops believing in bitcoin, the price will come down drastically. So if any such things happen for fiat currency, the respective government will step in and take measure to stop the falling price. So fiat is the most trusted currency.

Savings and investment goes hand in hand. If you have savings only then you will be able to invest. If you are spending all your income to meet your daily expenses, then you will not have any fund to invest. So first save and then invest.

But if you take bitcoin as an example, the saving bitcoin is also an investment as the price of bitcoin keeps changing every time and mostly in to positive direction. So if you save your bitcoin only without investing it, it wills till give you a good return.

I wish your dream comes true. Even I have the same dream and I am saving bitcoin without spending anything. So yes, if you can earn and save bitcoin for another 5-7 years, you will have a decent amount in your hand to make your dream come true.

I earn from various methods like trading, p2p loans and signature campaign and I am completely saving whatever I earn from various methods. I have dream to buy a super bike with my bitcoin savings and I am sure I will be able to achieve that in coming future. It will take some time but it will be worth the time.

Every innovation or technology has two sides, one is positive and another one is negative. Bitcoin is a revolutionary technology and certainly being used for illegal means. But that does not discourage people to earn bitcoin for good means. If I am providing a programming service to others and earning bitcoin through it, Then I am nothing doing wrong.

So people should not be discouraged by the illegal use of bitcoin, instead embrace it more so that we all can enjoy the benefits of it.

No and never. I don't see any chance of happening this anytime in future. Dollar is the most widely accepted currency worldwide. Even people are also measuring the bitcoin price with dollar.

Also dollar is a government backed currency and also backed by a physical asset like Gold. So it is impossible for bitcoin to replace dollar. But yes, it may replace Zimbabwean dollar though

Well that is a critical question. Both is having their own benefits. If mass adoption happens, then bitcoin price will eventually increase and reach to the intended target. However, if only price increase happens, then mass adoption may not happen.

So mass adoption is the better way for bitcoin in a holistic manner. People will come to know about bitcoin, as well as enjoy the price benefits simultaneously. So it is a win-win situation.

There are lots of business you can start to earn bitcoin and with bitcoin. Start a faucet, start an exchange or start a blog with informative article.

But the best thing you can do with bitcoin is trading. If you know how to trade, then start with a little investment and start trading in various exchanges. This method will give you the most return which other methods will not be able to offer you.

There are lot of ways through which you can earn bitcoin. Like the thread owner already pointed out 3 areas where you can earn good amount of bitcoins from your home computer. I totally agree with the first point. If you are good in programming or web designing, then you can earn a lot of bitcoins by providing service over internet.

Also there is one more way you can earn a lot of bitcoin, is the trading. Yes, if you trade using bitcoin, then you can earn a lot of money. But don't try to take much risk and always learn trading before you actually start doing that live.

Impossible it self says "I m possible" so I would say nothing is impossible in the crypto world. But also you have to remember that bitcoin is a pioneer crypto currency with the highest market capitalisation. So it will be a very hard job to replace bitcoin if not impossible.

However, after 2023 bitcoin will become the most rear coin and then probably people will start looking for an alternative. So around 2023 we may see some other currency is replacing bitcoin. It may or may not happen.

You can buy a lot of things over internet using bitcoin nowadays. Porn, music, ebooks and most importantly services. If you want to build a website, you will find a lot of programmer is offering their coding service for bitcoin. So it has actually created a parallel economy in the internet apart from the conventional currencies.

However, I personally did not spend any bitcoin to buy anything from internet. I prefer to use my debit card for that and I want my bitcoin to take rest for another 5-7 years so that I can make my dreams come true. 

Not every invention is intended by the innovator. So bitcoin creation might be an accident or something unexpected. Probably Mr. Nakamoto will be able to tell you guys the actual story.

But whatever happens, it is true that bitcoin has given us an enormous opportunity to make our dreams come true by creating an alternate source of income. That is really great. So enjoy the power of bitcoin!

Definitely it can be used for good only if you want to do good with it. Don't know how good it can do to the masses, but certainly it can do good for your own lifestyle.

Just don't treat bitcoin as a regular currency and treat it as an investment or asset. More correctly an intangible asset. Hold it for another 5 years and you will see your money is touching the highest peak compared to any other conventional investment. So it can certainly do good to your lifestyle. Alternatively you must understand that bitcoin is not a magic wand so handle it wisely.

If you talk as a currency then bitcoin is not serious to me, but if you talk as an investment, then bitcoin is very serious to me. Because, I don't usually spend my bitcoins to buy anything. I have a salary income and I use that to buy for my living.

I am earning bitcoin only as an investment and holding it. I will keep holding it for another 5-7 years and then I will think about selling it. SO bitcoin is purely an investment to me and nothing else.

Why do you think that bitcoin is not an international currency already? It is an international currency and people from all over the world are using it. The only issue is the acceptance. People are using it and accepting it through internet but if you except government will also implement this currency in to their eco system, then it is a problem.

Most of the government will not want a currency to be implemented in their country which is not printed by them. otherwise, they will not have the records of it. Either they will start taxing on it or simply reject it. It is better that bitcoin remain as an internet currency only.

I certainly prefer my money in to cash only and not in bitcoin due to the less acceptance of bitcoin in my country. However, I certainly will keep some of my savings in to bitcoin and prefer not to withdraw in any situation for next 5-7 years.

Because, I don't want to waste my bitcoins for buying groceries or mobile recharge. I certainly want them as an investment. So I will keep cash in local currency to meet my daily expenses and keep a certain percentage in bitcoin as an investment. I think that is the wise thing to do.

Not at all. I do not even think of that. If bitcoin goes down to $100, most of us will face a huge loss. My bitcoin network will become 1/4th of what it is now. So no I am not waiting for bitcoin to come down to $100. What I want is bitcoin to reach to new heights every day.

I have invested most of my money into bitcoin when it was at $450 level. So right now, I am sitting on a huge profit. I want bitcoin to reach $1000 level so that we all can earn a great profit and not losses.