I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.
But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't stop to make the price of it pumps again. yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again. mmmm you make me worried about bitcoin. i think it will not take so much time to raise again. i am hopeful that it will not come to 1 dollar. it is expected that its rate will touch its upper limit. the people i know who are envolved in bitcoin are also expecting that in near future the bitcoin rate will increase, they are also hopeful that bitcoin going to stable its position. bitcoin is not going to touch at 1$ point when there's still so damn many people using do a bitcoin transaction,i've seen the lowest point is on 200$ but after next few months,the price rising till now close to 500$ Yeah that low price is never possible, price will rise now in future and we cannot expect that low price ever in future, so no need to worry about that. |
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I have bought me a few digital goods with bitcoins, but I have never seen a "bitcoin accepted" sign anywhere in a shop in the city I live.
I know that we had a Bitcoin ATM, but it was more like a test run. And it got removed after the test was finished.
Realy sad my city made a step backwards in terms of bitcoins.
At this stage its really difficult to spend bitcoin physically, as I don't see any development in my country related to bitcoin, so spending it online is the only option left. yes same is our position. there is no shopping mall petrol pump or anyother shops where we can use bitcoin or even do exchange. but we are expected that very soon the situation will change. Things will change in future for sure but we don't know when exactly it will happen, so I prefer to convert my bitcoins to fiat currency and then spend. |
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At present I am little busy but when I will be free, then I will surely try my hands on bitcoin trading. As I have observed price of alt-coins fluctuate a lot even in a single day, this seems to be a profitable.
Trading is good if you have good strategy and sound knowledge, but you need to keep close watch on price movements or else you may even loose your coins. |
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Exchange the 5 btc into real money for emergency purposes the other 5btc i will invest it on a trading site to make it grow again. Or make it double gain.
yeah cool idea man  try to make your own business inside the internet and make business too outside the internet or to your real life, then watch your money grow and grow but do not play gambling. If you will invest your money in gambling then you cannot expect to make profits from it, as you will surely loose everything in long run, better to hold for halving. |
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presently I think bitcoin because I want bitcoin to become a superb currency of the world. I will prefer bitcoin as it can be one and only currency of the global world to be use by the people as a single currency,
That seems to be impossible, bitcoin will be more popular and powerful in future for sure but it will not the only currency, fiat will always be used more even in future. |
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I think that the bitcoin will soon or later reach the amount of 700 dollar this year because of the halving that is coming
The bitcoin has a very good future a head.
Yeah halving will take bitcoin to higher price and even if we don't see this price at halving we can expect this price by the end of the year. |
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I'm going to be buying a good amount of BTC, pretty confident in a rise. The uptrend is strong.
Yeah even I am trying to earn or buy as much possible at this stage as this time will never come back, and we can expect huge price in future for sure. |
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This is not the right time to sell, hold it for next few months at least till the halving stage and you can expect best returns on your investments.
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One reason is that they are not aware about bitcoin and the other is that they keep on listening to what people around them speaks about bitcoin.
As quoted awareness is an major issue. When people know about the real nature and the growing potential of bitcoin these statements could get vanished. Also it's people's nature seeing something new with such a growing potential. Exactly, knowledge is power, if you dont have knowledge of any particular thing then you will keep on listening to people around you and follow the same. |
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I buy bitcoin for make it a profit from trading bitcoin and also i like other side from bitcoin it's i can manage my own money without anyone knows.
Yeah with bitcoin we have control on our money and its accessible to us 24/7 and we can use it or withdraw it whenever we want and its best investment for future too. |
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If btc was more popular than usd then we would be sitting far higher than 450 dollars right now. So to answer your question, no. Not by far unfortunately.
USD is paper money world popular A grade money and Bitcoin is the World popular digital currency but value more than US dollar, today now the rate of bitcoin is 1BTC = 452.26 USD = 403 EUR. so BTC is more value. I really don't understand what you are trying to say, bitcoin is good but dollar is the best as it is used and accepted everywhere, same doesn't go with bitcoin. |
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My biggest problem with Bitcoin is that I don't have enough of it. Seriously, the biggest problem, to my opinion, is that is still not legaly regulated in most countries so by using it you can easily get in dark area and tax or police authorities can get interested for you. That's not a problem no one will know how much bitcoin you are holding, and I also don't think that you need to pay any tax at this stage. |
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I am using both of them at this stage as I think both are good and important to have at the time of emergencies, and both of them are taking best care of me.
Each bitcoin wallet and bank is very useful for us. You have right way when you use both of these. Because we can get more benefits and more profit . yes we will never use one of them,we need to use bitcoin wallet and also bank,today still impossible for some people to leave bank and only use bitcoin wallet,because bitcoin still not regulated and its need more time. People who are used to banking system will continue to use it and if they are using bitcoin at this stage then they would prefer to use both of them. I also use both of them and I'm happy that I'm doing it on this method, they are both working fine and with the bitcoin the advantage is that its self controllable. Yeah and if you have opportunity to use both the why to go with single one try to grab benefits from both of them as that is the best way to treat them. |
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Its the best currency only because there is no interference from government and also we don't nee to pay any tax on it that makes it really unique.
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lately i have a lot of expenses, I also recently purchased an android for my purposes later, maybe this time I was active in spending bitcoin I have, but one day I will save it
I think you are already done for spending your bitcoins actively, and you are right, it is time now for saving for the coming halving. If you don't have bitcoins saved you will missed it out. whatever amount of coins you hold its better to save it for next couple of months at least you reach to the halving stage to enjoy higher profits. |
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I am buying since last 3 months and I am still buying as I am sure that price will gonna rise soon in coming months, so this is the best time to buy.
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I was able to save 1.5 BTC around by now after continuously accumulating even when price was near 300 so i am quite at profit only from holding. But i am now actually trying to buy as much as 10 btc atleast before we enter into halving period.
Its always good to collect as much as you can till you reach to the halving period, but the only fact is no one knows what will be the price at halving. |
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Make lucky mistakes.
So you are referring to gambling, man only few people are getting rich with gambling and I think those people were already rich. And there is no assurance to be rich if you are going to gamble, what important is you need to work hard for it. Gambling will never make you rich it will make you bankrupt for sure in future, so its better you find any alternate way to get rich. |
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Life is short.Spend half of it, save half of it.
quite reasonable but saving out of what you earn will be really pain in ass if you don't earn much which is common in developing and underdeveloped countries. What i am earning from my offline job is not enough to save thats why i work online as freelancer. I understand how crucial it is to have some saving in your bank account when you reallly need some money like in some medical emergency. Saving and Having life & health incurance is must these days. Working online as a freelancer would really give a well reasonable price for your work. And you need to always save, the money that you earn online if you don't save money for yourself and for your future, well you are just working for nothing. You cannot expect that you will get work as a freelancer as the demand of work is very less if you try to search that kind of job. |
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Bitcoin has full potential to get on mainstream in future but not sure when it can really get but it can never affect fiat or banking system as a whole.
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