It may eventually do that but i don't think it would be in the next ten or more years. Judging from howbbutcoin is performing right now, it has a chance of challenging the dollar but to replace it, it would take way longer for bitcoin to do that.
And besides everything must be balanced. I can't think of a great factor why bitcoin can replaced dollar in the future. We are just expecting too much in bitcoin so don't take this to the point where it's really impossible to happen. As described by the above mate, we were expecting too much from the bitcoin as well other digital currencies. Compared to the history of dollars, bitcoin is still young to overcome various other currencies and replace dollar. |
|
|
|
With the signature campaigns this is already possible and you can do some trading or gambling without any doubts for that.
I recommend to do some signature campaigns because its way more safe than other methods nowadays.
To earn 0.1 btc only from signature campaign you need to have multiple account enrolled in multiple campaigns and then that amount can be earned easily on weekly basis. That's possible, but it has the highest risk of getting kicked out from all the campaigns. It's better to have a single account and make yourself involved into other earning methods from faucets to trading. Surely you will make 0.1btc in a week. |
|
|
|
|
Cryptocurrencies never get into danger due to statements put forth by the developers or due to decentralization. If world economy is affected much by the digital currency network, sure countries will get united with strong regulations to the use of digital currencies. This might be the only danger for cryptocurrencies.
|
|
|
|
I doubt about this maybe it can help them for a part but on the other hand I do not know how we can really help them with using the bitcoin because its stays global and the fact is that the economy in such countries stays the same.
You do not need to wonder how bitcoin help poor countries, because bitcoin will help the country's economy, I think people just need to use bitcoin That's not fair. Bitcoin as a digital currency doesn't have any dependence over the world economy. For this reason even when users continue to use bitcoin, it won't adds up to the countries economy. Because more and more were using to get out of taxation and save more. On this the governments income is getting blocked. The educated people from poor countries might benefit as its happening in Brazil. |
|
|
|
|
Right now or in a short bitcoin will never be replaced by some other crypto currency or the altcoins, because bitcoin is the one which has grown high as well the long surviving digital currency. According to the way it's been developed, its been predicted that it lasts around 2150 year. So in my view, after this new coin with same potential of bitcoin might come with a new name.
|
|
|
|
The thing that could happen is that it will maybe get stable for a while but I do not think this is gonna happen honestly.
If the price rises a lot of people will sell it again and others will buy without any doubts.
As quoted price won't get stable. The price of bitcoin starts to decrease gradually, if none spends it. The major reason is that the circulation of bitcoin decreases which needs to be in a increased range or in a stable manner. But such scenarios of continuous decrease due to such situations won't happen. |
|
|
|
Whenever you think of a certain kind of service, it's usually already available if you look it up online. In this case, OP is looking for a safe way to sell his/her Bitcoins. In that case, he can just use any trusted exchangers out there. That's what are exchangers for, the exchange a currency into another. The currency can be in crypto or fiat. But if OP doesn't want to use exchangers for some reason, then he can go to currency exchange board of this forum and look for a trusted guy that does this. As described by the above mate, user can try with the currency exchange board. This currency exchange board has an added advantage of increasing the trust rate. Other than this if planning to sell online through some trading website then localbitcoins seems to be the best of all time. |
|
|
|
I think the US dollar will remain the world's currency. Because if bitcoin be a world currency is still not fit my taste. Because bitcoin prices always fluctuate so that it would create economic imbalances. There are many factors to consider if you want to use bitcoin as a world currency.
That's true. Bitcoin needs to travel long to become a world currency. Right now US dollar is very strong as a world currency due to its increased acceptance as well the stable value. In my view bitcoin is very young to get recognized as a world currency. Soon after years due to continuous adoption and the digitalization of world things could change. |
|
|
|
Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.
Since the bitcoin is really stable and range the price into $629.9 up and down it just because of traders who really sell and buy there bitcoin from the markerts and if you learn on how to trade bitcoin into altcoins regularly then you can predict what bitcoin really price in the future. Prediction of bitcoin price is really hard, what you have quoted is the prediction of price increase or decrease in relation to trading strategy. This is one form of prediction but this won't be effective all the time. I believe altcoins doesn't have any impact over bitcoin price, so prediction of price increase and decrease through altcoin price observation too fails most of the time. |
|
|
|
Bitcoin price has come in a moment where for more than 2 weeks now is sitting in the area of 610 USD +- 10 USD most of the time. Why has the price stopped moving up or down ? Bitcoin is well known for its instability and being very unstable but now things for me are starting to look different. I was reading bitcoin related news in clear and also deep web but could not find anything that can make the price of Bitcoin go up or down.
Any ideas why the price is stuck for more than 2 weeks now ?
As of now bitcoin price is increasing and decreasing we will not stuck up on that price and everyday bitcoin price moving and if you really track those movement you will see that there are many investors who really exchange there bitcoin into fiat and fiat into bitcoin, bitcoin into another altcoins if the price of bitcoin stopped moving up or down maybe it is not on demand at the moment. The price of bitcoin is not really stuck, bitcoin is moving forward with its nature of gradual increase and decrease in price. After few days of gradual increase the price was fluctuating around $630, which had now decreased by a small margin. |
|
|
|
I think it's because the halving. The halving on 2016 makes the price of bitcoin increase so high, i think that's why many people predict the price will keep increase up to $1200.
As described in the above quote, because of halving most of the users considered 2016 to be the year of bitcoin. With this in mind most predicted the price to be over $1000. Fortunately it didn't happen and every year end price increase happens. Though halving is over, but its the year of bitcoin users continue to make predictions of price over $1200 and more. |
|
|
|
To be real if you cry because you have just lost with gambling then you should not consider your self a men because you knew what you were getting your self in to.
Then you just have to accept that and crying then should be never the option because that is not going to help you.
Just because you cried because of gambling you are not a man already? Grow up dude, everyone has its weakness and flaws. And there is no reason that a person will not show his emotion and put it out. That is the reality of life, if you are going to let it live inside your body that you are not going to cry when you lose, then your not a human. Every human were not the same, each have their own emotions and the way of expressing it. Some don't express it to the outer world, they try to console themselves. Some gets relieved by crying. For this reason we should not relate the men who cry on losing from gambling or other ways is not a human as the above mate too described. |
|
|
|
|
Rather than a investment, gambling is just a risk factor which has the potential to give a good earning with little fun as well go bankrupt in a short term. So we the users need to decide whether to get involved or not, if one's plan is to get a stable earning that can be got from an investment.
|
|
|
|
When you are going out to gamble a bit then you are going to think about winning because that is the reason why you are going but when with friends it can also be fun even if you lose.
But it is way more fun if you manage to win with gambling.
Most of the time when you gamble with your friends you will lose because you cannot concentrate as you will just bet base on your emotion, it is good in a game where strategy is not important and if you are lucky you might win but still you will not keep that money because you are still gonna enjoy that spending in other things. Yeah, And that is where control should take part. The secret to prevent big losses or further losses in gambling is to control your self. The amount you bet and the time you spent on the game. Having self control on the middle of the game would be very a good thing because you could able to stop yourself especially when you are lossing too much money with these you could able to decrease too much lose. We should really treat gambling as an entertainment rather than on gaining profit. Most users have described that for fun they get into gambling, but the truth is that profit is the only hope rather than fun. If gambling doesn't give some profit or earning, then none would involve into gambling to have fun and excitement. In my view profit stands 75% and fun stands only the remaining 25%. |
|
|
|
|
When I say to a common man that I do gambling, automatically he thinks that I'm a gambling addict. Is this true that everyone getting into gambling is an addict. I have limitations as well control upon the time as well amount spend on gambling. Secondly, anyone among you got addicted and realized that we need a self control to be on the safer side.
|
|
|
|
|
Gambling itself is an easier way to make earning or profit, but one needs to be lucky as well needs to have good knowledge about the gambling and the important thing is that you need huge backing of btc. So one can get into gambling without fear. In my personal experience I go with sports betting to make small earning.
|
|
|
|
|
Almost 5-10% of the people will get into the bitcoin as well other digital currency usage and around 20-25% of the population gets aware about the existence of digital currency which at present scenario is very low.
|
|
|
|
Selling everything why would that be profitable right now do you allthink that the price of the bitcoin will drop i dont think that is going to happen he will
rise till the end of this year for sure
That's true, sure the price is expected to increase by the end of this year. If you think about the past year, same thing happened. Over the last few months of 2015 price was stable which grew by the end of the year. Same can be expected this year too. So its better to wait and sell until the need is emergency. |
|
|
|
|
For a gradual rise in value as well for increased acceptance among common man, the direct usage or the stable circulation of bitcoin is a must. The lacking in circulation makes some impact over the price. Right now in my country bitcoin acceptance is very low, only few digital goods stores accept bitcoin. So spending is very low compared to the bitcoin getting converted to fiat.
|
|
|
|
Bitcoin is really worth to me, with bitcoin i can buy anything that i want using bitcoins, because i'm jobless in real life because i'm still school. earning bitcoin is really help me.
That's cool to hear that even few school going kids were aware of bitcoin. Possibly it would help in spreading of digitalization. Same as the above mate's quote bitcoin is much worthy due to its rising potential, the earning possibilities as well the increasing adoption which assures that bitcoin won't fall or fail. |
|
|
|
|
Show Posts
