If I must be honest, I do not think that the bitcoin will be used by everyone in 2022, we cannot also not predict this either but its just something that I do not see happening these days.
The bitcoin has a great future a head of course but I do not think that other currency's will me less more used.
I think everyone already knew that it would be difficult for bitcoin users to be able to have everyone in the world, it is very improbable, even fiat takes a long time to be used by everyone, hundreds of years ago If the bitcoin is used by 10% of the world population, we can regard that as one of the top 5 currency. You have the point, but I don't think that 10% of the world's population will be able to use bitcoin in 2022. But we can't say what is going to happen exactly, it is still going to depend on how the people will able to see the bitcoins benefits and its price will able to encourage and convince people from using it. Yes it is, but predicting from the bitcoin user growth and bitcoin potential, i think it is possible to generate 10% of world population to use bitcoin, and it is our duty to keep on introducing bitcoin to new user, just hope people will not use bitcoin for a bad and illegal things I think no one knows the percentage of the number of users on the upcoming 2022 year. but I think 10% including a very large number compared to the total population of the world? is it possible? I agree with one of the above post. It will take many years if not decades to reach the 10% user population. yeah even to reach 10% of users though, it is not easy and needs a lot of time for it to happen? impossible in 2022 will reach as high as it |
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This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000 |
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It is difficult to find a set formula, but there are things that can be done and that can help you to save money... As for example, make a list of things you buy, and remove items that are unnecessary... planning is everything.
For the bitcoin investment, it is better to just buy and hold for the long term as the price will rise. i agree with you its really very good idea that buy bitcoin in huge amount and then hold it and wait until for increase its price to huge value and i am sure you will get a good profit in the future from bitcoin because bitcoin increasing its price to higher value quickly. I think it's a good idea to use most of your fiat money to buy bitcoin and then hold it, I think it would be very bereisko bitcoin investments due to fluctuations. I think not a good idea to save a lot of your money in bitcoin because of the risk it It would be very risky to put up all your money into bitcoin and its not ideal even bitcoin has the potential to rise even more on the future. The risk is always there but its up to your decision though if you decide hence its still your money but you must be wise on making such investments with bitcoin. Managin money would be very good thing in able to save up money for the future. yeah although bitcoin gives a great advantage and profitable though, it will never match if you use all your money to invest, you should always remember the risk, and it is very possible happen |
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I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.
I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future |
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It's hard to say which is more important, both are required. But if you ask me, I would say that having savings is more important, given the fact that having savings you can handle your expenses and even invest.
right by doing and making a financial management, then you can make a plan to save the good, with it then you know the money left over you can use it for investment, |
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One suggestions here before that caught my attention that I agree is that you give your kids a bitcoin wallet with fnds inside and let him explore the internet with bitcoin related sites. Also,teach him how to cash out in real money.Hope this will get his attention.
Lol i think it would not be done, a small child may be understood when they play on the internet but I'm not sure they could make a purse, let alone use bitcoin? |
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Investing into the bitcoin is good and I think that you can make a lot of money with the bitcoin, investing is the right thing to do right now to be honest.
I think the question in this thread is where you grow your bitcoin, of course all the users here know that investing in bitcoin is profitable. but being asked is where to grow bitcoin? |
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The altcoins are nice because they make alternative currencies now like a Forex system, just like fiat currencies. Commodities/metals/fiats/cryptos.
yeah altcoin is a great alternativ jikau want to choose cryptocurrency other than bitcoin to invest, but I think even without any altcoin, bitcoin will certainly continue to live. altcoin only option |
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I dont think there is a tax on bitcoin in the Uk but in the future there my be some sort of it..
I think even if in the future though, bitcoin will not be given a tax. bitcoin system will not change until whenever. bitcoin will always be decentralized and will not be changed and the tax will not be imposed |
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Investing in gambling site's bankroll is considered to be one of the safest way, as gambling sites are built to bring profit, they need big amounts of money just to cover short term losses, so they accept investments and share profit with investors.
- return on investment is really low - can be considered profitable untill someone win big amount - check few big wining on moneypot games, where investor actually lost big amount several times. I had some time to invest in gambling sites, profit is not as easy as you say. you could just get a loss. and to profit as possible in a few days maybe you're just getting a few percent only |
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For me it doesn't, unfortunately. For my daily needs I cannot buy anything with Bitcoin, so it's useless right now. However, I am sure it will be useful one day. This is why I'm trying to save up as much as I can: for the time when I will be able to do everything with it.
true to the moment I thought, bitcoin can not help you to buy daily needs, because in fact the bitcoin has not been so accepted in many stores. so today we are still using fiat |
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Actually it's a bit easy to teach kids about bitcoin, because it's same like teaching kids about money. The important is tell the kids that bitcoin same as money works, just tell the kids about and how is bitcoin works, don't tell them how to earn bitcoins.
You can certainly argue that bitcoin as fiat money in general, but you can not tell a small child about how the bitcoin itself, of course it will make them dizzy, and they will not understand it |
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I believe gold will never go out of fashion and is a finite commodity. I think with bitcoin the only thing that could go wrong is if our civilization expires and we have world war 3, but gold will linger on as money, whatever the civilization. I still like bitcoin though while we have it ll.
when the third world war happens it will be a lot of thefts and other crimes because of chaos. you are sure to use gold to store all of your money, I think it will be hard to save right ? |
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It is difficult to find a set formula, but there are things that can be done and that can help you to save money... As for example, make a list of things you buy, and remove items that are unnecessary... planning is everything.
For the bitcoin investment, it is better to just buy and hold for the long term as the price will rise. i agree with you its really very good idea that buy bitcoin in huge amount and then hold it and wait until for increase its price to huge value and i am sure you will get a good profit in the future from bitcoin because bitcoin increasing its price to higher value quickly. I think it's a good idea to use most of your fiat money to buy bitcoin and then hold it, I think it would be very bereisko bitcoin investments due to fluctuations. I think not a good idea to save a lot of your money in bitcoin because of the risk it |
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I would not refuse paper money. This is the psychological moment of possession of money or moral pleasure when your wallet full of paper money.
Lol yeah it can be said quite rich people certainly have a lot of banknotes in their wallet. I think the bill will never be lost because paper money is a symbol of money |
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well, very much exchanger that became the target of hackers, and it makes people more aggressive. maybe you're right, too dangerous to save all the coins that you have in the exchanger, but I guess exchanger has good security, so I still keep the coin that I keep as a long term investment in a website exchanger
I think when the exchange sites can not be accessed and be down and it makes them lose all their bitcoin and they said that it was because of hacker attacks, I think they are just nonsense and bulshit |
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Even though bitcoin is becoming very popular, it still cannot replace or make banks disappear! Banks have been with is for ages and they are quite stable when it comes to monetary issues. Aside from that, bitcoin is still not accepted in some parts of the world.
Very true. It is not that popular to local people. Still they are preferred to use the banks and even at work you will be paid through the bank then to your ATM or a check. So it became a free advertisement to those banks. Bitcoin is not like that. Some people are just using it for sending money or buying online stuff which is really helpful also. I think although bitcoin already well-known in the city though, but most people still use the fiat for the payment of their daily lives. then bitcoin will not be able to make the banks disappear |
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I don't even know where to begin with bitcoin, but I imagine if you were one of the people that got into it early, and you saved those bits
you are pretty rich right now. So i guess it would affect your life a lot because it is used as a currency, unfortunately, money dictates our lives in this point in time.
Yeah if you was have a lot of bitcoin long time ago, I think bitcoin was really really affect your life, you will life in luxury. But bitcoin still affect life a lot, becouse so many people was helped by bitcoin, they get alternative resources in bitcoin that realy help their dail need. yeah I think most users are already using bitcoin to their jobs and incomes for a long time, I can make sure that they've got a lot of advantages and it changed their lives |
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Do you ever ask why not use something that can make your life easier and better ? And if you can earn from it even better. People are unaware of bitcoin because they don't have much time for investigating and reading and work, work for money, debt to
modern slaves .
If they comes to know, Bitcoin is efficient for economy and they can earn money in the sense. then automatically all will be greedy behind bitcoins. To say simply as present situation, bitcoin is the only source that we can make money easily like the project holders in MNCs. yeah right I think people do not care about bitcoin's not because they do not like bitcoin, but they do not yet know much about bitcoin, and it was a natural thing |
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some friends in my class bitcoin know what the funny thing is they only know that bitcoin is just an online currency alone, they do not know the advantages besides bitcoin
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