i think the amount and deepth of problems in bitcoin than any countries faint currency depending on what we are doing with our coins will decide your future but some point of the future is pre definined by mr satoshi nakamoto
Satoshi cannot change anything about bitcoin, it's an open source and big investors are not stupid enough to put their money on an unsafe investment. The value has increase because we patronize the use of it. |
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I have .007 bitcoins during rise and its a very small amount of bitcoins i know  But im starting to save some bitcoins right now based on my prediction starting from now price of bitcoins will increase continously. I actually wished I had come into Bitcoin earlier and I have gathered enough during this time because following what is happening now, its still a period of rise and I am hoping its been kept at that for my sake. For me, I have gathered at most 0.1btc over the last few months I have found my way into this world and couldnt have asked for more. Still you have a chance to accumulate bitcoins, the fact that we cannot return to the past, we must face what the current situation brings to us. We can invest still and maybe buy and hold as the price is still rising. |
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I guess the OP's question is how ordinary people gets bitcoins and how they spend them? well you get bitcoins by purchasing or mining it, and there are plenty website that accept bitcoin for services and goods.
Yes, common people actually get bitcoin either through altcoin mining which sometimes kind of profitable or through getting it through faucets which they don’t pay a lot and they are spammed with ads, or they get through doing some freelancer jobs, where they offer their skills for bitcoin, which is what most people do . Earning with faucets is impossible right now, especially with the huge price Bitcoin has at the moment. You get under $0.001 per 60 minutes, maybe one or two days. How is that going to offer you any income? You will get like maximum $10 a month for staying 24/7 on a computer. Not worth of your time, while you are earning in the crypto world, you must mature also. The best way to earn big is when you are ready to risk money to earn money. |
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Its always better to invest money instead of saving. By saving, you just make your money idle, but by investing your money grows gradually.It would be better to invest in Bitcoins as its price is steadily increasing.
Investment is better than saving, but saving has its own importance like in future you need some money then your savings will help you out. And investing all earnings is an act of fool so invest 50-70% of earning and save atleast 30% of your earning for future use. Agreed that savings don't grow your money while investments grow your money day by day. Yes I agree, it is better we choose both, for the needs of each day we will certainly save money, because we could not bring large amounts of money. Investment is very important, because we have to think long term especially when we are old, sick, and doesn't work anymore, so do not ever leave the investment. Yeah I agree too, just choose both.In investing you must choose a good return and low risk to dont waste your money in no time.In savings I must preferred to store in a bank. For smart people going with both options is the best idea, because when it comes to bitcoin holding your money is actually an investment, because of how the bitcoin price is constantly rising, but that will only work for a long-time period so the best thing to do is to invest some and hold some so that way you are wining on both sides. Doing both is something you should consider as a great achievement in yourself, but when your income is not big enough. Learning to save is already a best start, you can start investing in the future if you will continue to save. |
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This legal principle does not apply to Bitcoin, which could lead to Bitcoin's demise. This could happen tomorrow - the feds could declare that this list of bitcoins [insert list here] had been used to pay a ransom or to buy drugs or support terrorism and were now forfeit. Obviously there would be no way for the feds to actually confiscate said Bitcoins, but this would effectively keep them off the exchanges and make them worthless.
This is why I believe that one of the anonymous cryptocurrencies (of which Monero is currently the frontrunner) could eventually replace Bitcoin
There are some serious gaps in your reasoning Let's assume that a government declares that some bitcoins are illegal (for example, in this or that wallet). Does it mean that a person who happens to hold these bitcoins can't spend them? If you think that he can't spend them, what exactly will prevent him from doing just that? Will the government be able to revoke his private key or can it make exchanges in other jurisdictions reject them? I guess that it won't and can't. It can't even prevent him from sending these bitcoins from one his wallet to another (I remember you said something about Bitcoin not being truly fungible). In this way, the government can as well ban the law of gravity tomorrow (and some American court is rumored to have actually done that), but does it mean that there will be no more gravity? Let's get real here. As Napoleon once said, and his dictum fits here perfectly, one should never forbid what one lacks the power to prevent This is exactly what I find to be so interesting, and why I think a financial revolution will occur. Bitcoin isn't something governments can control. So what are they to do? They can embrace it or they can fight it. How can they embrace that which they have no control over, and how could they possibly fight it when it's not something that can be fought by a government? If we assume an idea like bitcoin is a big enough idea to change the world, the only outcome of the two aforementioned scenarios is.... a revolution. That is my greatest fear when the judgment of the government will not be for the good of overall economy of bitcoin. We hope, they will understand us and they can find a way somehow to regulate us otherwise they will ban us. |
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Im thinking more like 2020 and everyone will be using bitcoin in one form or another.
I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody. although the number of bitcoin uses are increasing continuously, but still it is hard to believe that in 2022 almost all the people of the world will be using bitcoin at that time. the promotion of bitcoin is much faster nowadays and it is not hard that those people who have internet will have bitcoin in the near future like in the year of 2022. But for those who do not have internet connection it will be hard to adopt it especially for poor people. 2022 is very close in my opinion and to see that kind of an adaptation by then is a bit far fetched. Sure bitcoin has its potential but even if we only count those with access to internet there just simply isn't any use for bitcoin in everybody's life. There's plenty of people who will not see the hassle of learning all the gimmicks worth it. Yeah, that's why I'm always thinking on reality that even though we can see the rapid price increase of bitcoin and thinks that the demand is that very high, still the fact that we are very far to make everyone use bitcoin. But we can be multiplied by that time, those adopters but still we can't really see the picture of everyone using it by that year. Well, me I am already contented with what bitcoin has achieve or will achieve, I do not expect it will be the mainstream currency that everyone will used. Not because I do not like but more because it's almost impossible to attract a huge number of people. |
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If wanting to get kids into Bitcoin there are loads of ways to implement exposure to this demographic.
It'll work if pushing mobile faucet games to youth, spreading joy by giving a gift or even jumping up to teach them the value of rare investment early on in life.
Faucets Games and rewards is a good idea to get children's attention.But sometimes children's they quickly fed up. Kids will not be contented with one game only, in fact bitcoin is not a game so you must be very specific and direct so they can comprehend easily. |
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trading is a good way to get bitcoin or with the investment, however, Both jets require a lot of money in order to get good results. if you want to start from scratch, I think looking for a signature matching, will make you better. although the results are not too many, but it could be a start-up capital for investment or trading.
trading is not easy now. it become very risky. specially altcoin trading. there are lots of scam and fake altcoins idling around all exchanging sites (almost in all) and you can't really decide to choose which one to trade.. but you can still try that if you like. if luck with you. you can earn good BTC. No No,trading not easy but not difficult,why?Because it will easy if we have to campaign and master,believe in yourself.Difficult because they don't read the chart,not control emotions and important is no trust in yourself,so many people fail in trading I don't know how campaigning can help you be better at trading. But I can assure you even if you are good at reading charts there is always a possibility of losing money. Technical Analysis they say is a tool to become rich in price movements but what they don't know is that it does not always works. Trading can always be unpredictable therefore you don't know how much you will profit in it. At least you are doing great effort to succeed, it does not guarantee you to be profitable but it will give you additional chances to be successful. |
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I think it's impossible to say, but the number will grove as the price of BTC rise. To know the approximately number of people would interest large companies like Amazon, Ebay etc. when implement BTC as payment method, to see it is worthed or not. For the rest of people (miners, traders etc.) is irrelevant  of course, more and more users will bring in a variety of large investors. bitcoin we believe that the future will be powered by a variety of important components that exist in the world economy today. Still we cannot determine the exact number of actual users of bitcoin, but we can always feel that the economy of bitcoin is having a success now. you can tell it upon seeing how the price move. |
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U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .
No fixed time to sell mate as it is all about the right timing, if you can hold longer then it's better. Look at the price now, I think it's not good to sell now. |
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Yes I think bitcoin has future as everybody nowadays prefer everything online
Of course it does have a future at all everything that has been helpful and good to all of us deserves it. It is now a well-known internet currency and no doubt that its popularity will keep on increasing and it can be known for the next few years, even though we are still few in this society I know that one day bitcoin will be used by many countries and users. That's a great vision and hopefully we can see that one day, not for us but for the next generation. It's a long process but with continuous growth of bitcoin, we can achieve it someday. Just never lost faith with bitcoin even in times it will experience crisis as strong currency as bitcoin will vow to rise after every trials. It is going to happen and i can ensure with you about that. When bitcoin was first created, no one knows about it for almost a year but now, the situation has changed, Bitcoin keep stronger and stronger without being stopped by any individual or system. In the future, may be 5 or six years later, I believe Bitcoin will be used in many countries  Yes, think about who bought BTCs 5 years ago, made a lot of profit in BTCs and now it's already possible to convert to fiat and have a mega profit. Now think in the next 5 years how much will be Bitcoin pricing, a mega profit for who continue holding and waiting for the next big jump in the price. As more and more people start using it and more Bitcoin be mined, the currency price will continue increasing even more. I am inspired with those people who bought bitcoins way back then when it was launched or when it's price is still that very affordable. I'm always saying to myself that only if I knew bitcoin earlier way back from its earlier days but who knows that bitcoin will have a good future on where we are already enjoying it today. They are just lucky, actually we can start our own journey to buy a cheap ones. That is if you believe an altcoins will have it's break, price is cheap now because bitcoin is skyrocketing. |
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i think bitcoin is gold In your own definition but before bitcoin is invention, gold has already existed. |
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Russia was conscious that people in the world will use bitcoin so often and often. So they do positif demeanor to bitcoin. Some prediction said that bitcoin will rise up three times or atleast reach $2000 in 2017. So I think bitcoin have big chance to being the future of money. If the price is move so fast, I think bitcoin will get full of mass adoption soon. And I am sure that the countries will regulate it too.
When you are analyzing based on the criteria that bitcoin will become the future of money, you see on the volume of users not the price itself. And so far, we do not have that, we are still young. |
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Anyone bought drugs with bitcoin and what are you thought on the subject ?
i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.
Know a guy that did... didn't work so well for him in the USA tho lol. Did however seem to roll over well in Europe related countries  You are seems to be high AF man. I didn't even attain or think to buy drugs with bitcoin I'm already contented to gamble and trade with my coins. And with these such things I don't know if I'm that really high or crazy because I don't want to make myself ruined with drugs even though bitcoin is already helping me with my life. You have to bear the risk when using bitcoin to buy illegal drugs, don't think bitcoin cannot trace it. It is under their watchlist as bitcoin is widely use in the deep web for illegal activities. |
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I doubt anybody is interested in the crypto currency that created by government, the point of the government want to create its own coin is because the government want to control our transaction, so i still prefer to use bitcoin
People always prefer the original but we still cannot beat the government, when they will announce new system with crypto copy cat, more people will still adopt for legitimate business but bitcoin enthusiast will always remain here. |
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I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.
Lessons learn, do not sell when the price is rising. Only do when the price is stable or dropping. |
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long confirmation times and inability to reverse mistakes
The inability to reverse your payment is just a disadvantage to the people that are careless. Once you send the payment, that's it. Before you click the "Send" button, make sure that you have input the correct details. To me, that's actually an advantage of bitcoin. When you received the coins, you can sleep at night without worrying about your buyer trying to revert back his payment. I know once we adopted we are already understand how the system works, and since it is decentralized, nobody would handle the complaints but ourselves. Being careful is the responsibility of every users and doing it will make us stay longer here. |
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Die is happen with all technology such as bitcoin. But Before die we must get profit and rich. We must ready for it.
Easier said than done, if we can make money here consistently, why not hope for it to die. We can be richer more than we expected in that case. |
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I buy bitcoin cause simply I do not want my traditional money inflated or lost the value
beside that I want to use bitcoin for investing and gambling online. it's very easy and fast in transactions.
Gambling will not provided any profits for the long term or short term. If you do not like the traditional money also you should go with that one until the fiats become not used. I think perfect answer will be future profit or income via bitcoins there are so many people who are playing gambling as profession they have good experience in gambling. they also know the tricks in gambling how to make money. then are really making good money even in gambling. regardless of whether they could make a profit or not use gambling, but bitcoin can be used for anything, including things that are illegal, and that makes bitcoin specials and have high demand i agree with your statement regarding with illegal activity since there's a lots of people around the world who intend to hide their illegal transaction bitcoin is helping them and they also helping bitcoin to hype its value so their are chain reaction in every aspect and i love enjoying the hype that's why i also did some bitcoin investment and keep it then wait for a good selling value. That's how you called having the right freedom we are looking for, bitcoin gives us since no restriction at all. One can do illegal transaction using bitcoin to easily hide his real info while others can also surpass the restrictions for illegal gambling. In short, we are all benefiting with bitcoin. |
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Im thinking more like 2020 and everyone will be using bitcoin in one form or another.
I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody. Yes, you are right, Bitcoin is becoming more popular every day. But it seems to me that not all of it will be used. Many simply do not trust Bitcoin. He will always be an alternative currency It is hard to predict what will happen in our future. I do think that in 2022, almost people on this planet have heard about Bitcoin and some of them even use it as a primary currency. However, we can not deny the possibility that other altcoin will win the battle against Bitcoin. Etherium may become the new world famous cryptos It can't be possible, until now not all people have ever heard about interne, think of the poorest of the poor. They are the ones who have no interest of the technology, their focus is survival. |
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