What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
I dont know what to do honestly but in my opinion i suggest that you ignore it because its better that way and its very immature, Just try to understand because not all people knows how bitcoin really works and how important it is to the next generation of people who will use bitcoin as they're personal bank or wallet. Don't give a damn to the people who don't like bitcoin because if they don't like bitcoin then we don't like them either. So it is very easy for the bitcoin user to understand them because they are more like close minded and close minded people didn't earn that much because they are closed for the opportunities and possibilities to earn money. |
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Exactly, the unpredictable nature of rise and improvement of price is beyond expected. This in my opinion is the best currency in the current time in the possibility of huge rises or even multiplication even more than other cryptocurrencies that aren't stable.
If you are investing in bitcoin then you are already picking the key toward your success because you already said that bitcoin is the best currency and i agree with that because of the price volatility of bitcoin, it is easy now to make money and also earn money in just a short period of time even by just holding bitcoin and not doing anything. |
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I used Coinbase before, it did not stop wages at that time but it stopped now, I wanted to go to another wallet, but I could not find a free wallet. This situation does not bother me.
If you doesn't care for the fees too much then it will not bother you but if you are bitcoin saver like you are concerned for all your bitcoins even the small amounts then you will not like the current fees right now because it is too expensive for a fee and compare to the price now, it is a loss for a lot of bitcoin users. |
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This is only based on cash fiat payment, as CC and banks can't be considered within that description, SO people would need to give allot of paper to others face to face, it's perfect but awfully impractical, for example if you are running a company or having millions of employees, even in resturants majority use the risky credit cards, which is not different that BTC at all.
* Work offline 100%
And doesn't work online at all (actual cash)
* No fees. (Yes, cash has no fees, unlike all online payment methods)
* Accepted for Food Shopping & Micropayments but time consuming and not practical in large sized TX;s
* 0 confermations time
* 0 exchange risks unless it's counterfeit
Exactly, bitcoin is not really perfect as everyone thinks, it is limited by too many things, especially the internet. Without internet, bitcoin would not exist, and certainly development was always prevented. We should not think bitcoin is just like the ordinary money that it will do all what we expects because bitcoin is more like just an internet currency and also a tool to make more money via investment or trading money in different exchangers like yobit and poloniex and many more. We don't need to expect all from bitcoin because if we does then we will just get disappointed. |
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Cheap BTC coins now. So no excuse not to buy in.
Always buy in the dips.
Bitcoin is under $2,000 after almost hitting $3,000, and I heard it was $3,000+ on a Korean exchange, so like they say "Buy now or regret later!". Probably now we are witnessing the last days when it is possible to buy BTC under $2,000. I know some people will be dumping their coins even under $2,000, but we'll see what will they say two months later. No, you're wrong, it's not just $ 3,000 in Korea, it's even $ 3800, and now it's still maintained, I'm really surprised when Korea needs to use too high. It depends on the demand of the koreans in the exchangers but if i were they then i will just buy bitcoin from different exchanger so i can save a lot of money and i will just keep holding or i will sell it on korean exchange more on like doing arbitrage which is profitable in that situation. |
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I don't really know, I don't think it can replace banks and the conventional banking system but it can very well stay with it, for example with banks having bitcoin accounts with bitcoin interest, however seeing everything in bitcoin might be too much, this is just a guess though.
Banks will never accept bitcoin users to deposit their bitcoins there because it is not that acceptable for them because bitcoin is volatile and it will be more profitable to hold bitcoin to the banks unlike the fiat that has very low interest and return. So i think bank will not allow that to happen unless they will have the right to control the deposited amounts of bitcoin for their own purposes. |
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some remittance providers already use BTC... Its only a matter of time  Wow i didn't know that. If that is true then bitcoin will dominate the remittances and overcome paypal because the only use of paypal is to pay online payments while bitcoin can already do that and it is not that hard for a bitcoin user because it is very easy to make bitcoin wallet also. So i think in the next year or even just a few months, bitcoin will start to overcome paypal. |
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If you want to earn a lot of income. Make bitcoin side job.
No, If you want to earn a lot of income then make bitcoin a full time job because there is no doubt that bitcoin is one of the easiest way to earn money because even in just trading you can earn a lot of money there if you just know how to the ride the market and also when to buy in and sell out and if you know those things then you can really make a living with bitcoin and even be rich. |
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I know this may sound like a lame question but if BITCOIN hardforks does that mean we will all get extra BTC from the forked coin?
For example say I have 1 BTCsitting in my wallet, will suddenly have 2 BTC, one from each chain?
I think the scenario will be like in ethereum hardfork, after the hardfork you will get the same amount in bitcoin unlimited also, like if you will have 3 bitcoins in an exchanger then after the hardfork you will also get 3 bitcoin unlimited which is the same scenario in ethereum and ethereum classic but let just see if the hardfork will be successful to be launched. |
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The price of bitcoin in korea is very crazy because it is almost x2 from the average price of all the exchangers in the market and i think one of the bubble price creator are most in the asian countries but now the price of bitcoin is dumping and adjusting for the real value and soon we will able to buy cheaper bitcoins and hold them for long term  . |
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Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..
Everyone would want to use bitcoin. They are attracted to bitcoin due to its young usage and also fast delivery transaction process. Besides bitcoin can also be used to make investments, many people can benefit only by storing bitcoin within a few weeks. They earn money and can become rich. So there is no harm in bitcoin used by all people, rich or poor they will still use bitcoin. Yeah there is no difference for bitcoin if it is being used by the rich people or poor people because they are all fair for bitcoin and the only advantage that the rich people can get if they get into bitcoin is they will get a higher amount of bitcoin because they got more money compare to the poor people but overall they are all bitcoin user. |
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Guys, i made a small fortune in altcoin/bitcoin. In which country should i settle ?
I have no wife, no kids, just a girlfriend, iŽm free to go wherever i want (sheŽll go with me).
But it has to be a bitcoin-friendly country.
I have no intention to buy lambos, just a peaceful life.
Thanks.
Oh, and my age is 53, that makes a difference too.
You can set your peace life in Japan where it is a beautiful country and a lot of beautiful women too and i think you can find you potential wife there and it is also bitcoin friendly because there government already accept bitcoin for the stores there and also a lot shops there accepted bitcoin so it will be easy for you to settle your life there. |
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They will last for a long time as long as you are taking care of them and you are treating them right. If you have physical bitcoin wallets like trezor, ledger and keep key or anything kind of physical wallet then you just need to keep them in a safe place that is away from dangerous elements like water and fire that can break them.
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Which better to start on bitcoin.
1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.
I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia
I will go for number 2, it is not stock market or binary because you can trade either bitcoin and altcoin (which is better) and because of that you can earn good amount of bitcoins from just your start. If you already made a few money or bitcoins in trading then you can do other types of choices like mining altcoins and investing in ICO or any kind of profitable investment. |
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Well for now Fiat currency is strongest of all currency out there. It has been used for a long, long time, and it will be used for quite some time in the future. Electronic way of paying is still new in some countries, and its been growing, which is good, i think it is part of progress. But who knows if cash will survive in future, i do not think that it will. Electronic way of paying is the future.
Paper money will not disappear, just their number may decrease. But electronic currencies will certainly spread more around the world. I agree with you, the paper money will not disappear because if you are thinking about that then it is non sense. The only thing that will happen is the user of paper money will decrease because of the domination of bitcoin and soon we will see a well adopted bitcoin in a particular country or city. |
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I like it best when the value of bitcoin increases. It's also very convenient, because I can transfer the value anytime. What I do is just monitoring the highest value then transfer it immediately.
It seems that you are a trader and i can say that bitcoin is very volatile and that makes bitcoin the best currency in the internet right now because we can make money within a few hours if we are active in monitoring the price because the market is decentralized so we don't need to expect some dictated price so it is very easy to make money there. |
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Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
Go to mining if you have a powerful gpu Nvidia Gtx 1080 Ti is equivalent to 8.08 USD per day i think or just do faucet that's what im doing now while im waiting for my rank to go up but do not expect big on faucet that's my opinion just ask other people and do some research.  I appreciate the work of a miner, it's a lot easier, and you can get steady profits from it, that's also why many start up the miners work. For the faucet, it made me feel disgusted, although it paid some free money for everyone, but it was not worth the time I spent working. If you are going to choose between faucet and mining then it is already obvious that mining is the best over faucet because faucet sites doesn't paid really well and they are very low rate in terms of payments and it is better to just buy some and build mining rigs and have a steady profit rather than wasting time in faucet. |
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
Bitcoin for me is an excellent opportunity to improve my financial situation beyond the main job and in the future become a millionaire. Bitcoin is almost a good stepping stone for us to be rich in the future if we just manage our bitcoins very well and if we know how to play the game of the bitcoin because most of the newbies of bitcoin are greedy and choose the methods of fast earning so they get a loss faster than they expect so if we always have a patience in earning and also spending bitcoin for good investment then we will become a millionaire without waiting for at least a decade. |
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Yes true and I agree, buy bitcoin never loss, the prices always go up so make us always get profit, I'm sure, the price a month again will reach more than $4000. Buy bitcoin is the best investment.
Buying when the bitcoin price is at high is not advisable especially when there is no special reason for the price movement. Its more about speculation and making investment at this point is not really a good reason. Chances are that it may crash and your investment may gone down significantly in bitcoin. SO think and invest because you can always buy at lower price once its goes down. i agree with with you buying bitcoin at the current state is not advisable because anytime soon like what happened today, bitcoin can crash again you will lose your money. it's better to buy bitcoin after the correction the only problem is according to article, 2 things might happen bitcoin can crash to 1750 because of correction or bitcoin could rise after the crash and reach $6000. but the current situation is more likely bitcoin price is recovering. I also read that article and i think that we should be on a 50-50 for that article because nothing can be perfect and that article is not that 100% sure to be obey so i think it is better to just buy 50% from your money into bitcoin and keep the another 50% for the buy back at the correction price so you will not be regretting anytime soon. |
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My regrets is i just discovered it lastyear, invested in some scam sites, loses in gambling sites. This time im goin to take it seriously hoarding maybe.
I'm also very sad to sell all my bitcoin some time ago. I should be very fortunate if I keep him until now. Or maybe I've become a rich man Your mistake will be your lesson for your future decisions, If you still have bitcoin in your wallet then do not think to spend or convert it and fight the temptation and continue holding those coins because it will be the key for you to be rich so just have a lot of patience and find some motivation so you will have a longer patience to hold it for the future. |
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