bitcoin will continue to grow due to increasing number of users in various countries thus increasing popularity of bitcoin, it looks like at the end of this year could reach $ 2,000 bitcoin, hopefully this is actually happening
yes you are right that bitcoin will reach to $ 2,000 because large number of people is adopting it and the uses of bitcoin is increasing very rapidly , people are also introducing it to their friends which is helpful in growing the bitcoin community. $2,000 is very easy for bitcoin to reach this year because a lot of countries now are thinking for adopting bitcoin to their country as another type of financial system. Bitcoin will be the next big project in our world that will become successful and for sure Satoshi Nakamoto will be proud for it and i hope we will know who he really is. |
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next 20 years ago anything can happen about bitcoin
maybe can real curency in the world and replace dollar, or another happen, another crypto curency can replace bitoin
new trend about making money from online, another online curency replace crypto curency
To replace Dollar as the world's strongest currency, I think it will not happen after 20 years later, but it will be happen in a few years from now, maybe 5-10 years later. I very hope like that the Bitcoin becoming the king of currency in the world. Bitcoin will not replace the us dollar because it is impossible for bitcoin to defeat it because us dollar is one of the universal currency and the most used in different kind of transactions like forex trading or other business stuff. Bitcoin is just an additional currency but not for replacement on dollar. |
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I think regarding that it depends in the store as you say in the Starbucks so it depend if they will accept your payment with no confirmation or it need to have at least 2 confirmation just like other gambling site they are accepting bitcoin in an instant so it depends in the store.
I think starbucks will accept bitcoin with no confirmation because they can see it on the blockchain and they can confirm that the payment is already executed so there is nothing to worry because bitcoin doesn't have chargebacks so there is no chance for bitcoin to scam people. I already transact some of the stores here and they didn't care about the confirmation. |
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Yeah bitcoin transaction fees today was so terrible really frustrating if it reach up to 20% transaction fees I will rather use altcoins as an alternative to bitcoins this problem must be solve immediately in-order to maintain the dominance of bitcoins in the market.
Using altcoins to send and do transaction and exchanging it into bitcoin using exchanger is a good idea because it will save a lot of time and it will receive immediately by the receiver but the thing is, it will just like paying 10-20% of your transaction because the fees from buying altcoins (if you don't have yet) and transferring it to the wallet and to the exchanger to change it to bitcoin will give you a lot of hassle. |
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The government has its hands full in a lot of other issues, and bitcoin being as small as it is now, with its own issues as well, will never be considered by governments as their primary currency. Also, governments are still after stability, which can’t be said of bitcoin right now. Things could change in the future as we are headed towards a more modernized era where infrastructure and technology are being improved to make our lives better and our transactions faster and hassle-free.
Making bitcoin as an official currency, for now, it is too impossible, the government will not adopt it because they can't control it the only thing that they can do is just regulate it. So, for this reason, i might say that it is too hard to convince government for accept bitcoin. However, they only interested in the technology behind bitcoin, the blockchain as we know that they are working on it and maybe someday this technology could be implemented on their financial system such as digitize their currency. So just like what banks are doing which is adopting Ripple technology. Anyway I don't care if governments will not allow bitcoin and other crypto to be their standard currency (which will never ever happen so stop dreaming) for as long as they aren't prohibiting it. I agree with you that we don't need acceptance of the government as long as they will not ban bitcoin because we can still dominate the world's financial system if we just continue to work hard in improving the bitcoin network and keep adding new features that can be helpful for us and also for long term use of bitcoin. |
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This situation for bitfinex can be a threat for the bitcoin price to go down because many of the bitcoin users will see this is a bad news that can damage ng image of the bitcoin because bitfinex is one of the most well known and one of the biggest exchanger and the blocked deposits will be threat for us.
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I highly doubt there would be a bank for bitcoins because the whole point of btc is for it to be anonymous and that bank will totally destroy that ideal.
Indeed, you are right! All banks are centralized or regulated industry while bitcoin is not centralized. although bitcoin for some other banks butcoin for them is a threat to their business. But the reality is not, instead bitcoin is very open type of source to any business. I don't think there is any bank at a moment that is accepting bitcoins and even I don't see it happening even in future as bitcoin is a competitor to the banks so I don't think that banks will ever stand in support of bitcoins or will start accepting it. To be honest, bitcoins in banks as a payment is possible just like in Japan that they already accepted bitcoin to their country and that means that there is a possibility for bitcoin to be accepted in banks as another type of payment, If a country or government accept bitcoin then its authorities will follow from its decisions. |
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I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Governments mainly fear bitcoin for its anonymity.They think that illegal activities will be carried out more using bitcoins.But they all know that bitcoin couldnot be banned since internet could not be banned.So, one day or the other,they would start accepting bitcoins by regulating it just like China and Russia. yes that can be the reason, but to me i think the only why through which we can compel government to accept bitcoin is that the number of bitcoin users increases more and more and through this way government will compel to take serious action about bitcoin. Yes if the bitcoin users increase all over the world and fiat currency transaction reduced means automatically the govt will take action on this bitcoin. till that the govt will don't care for this BTC transaction. In my country, i think less than 10% people know about bitcoin. In this situation how can we demand govt to accept Bitcoin as legal currency am I right? We just need more and more users of bitcoin and after that we can show to the government that bitcoin is a serious currency and they will notice it and they will start to discuss if they will accept bitcoin to their country and start using it just what like the Japan did on bitcoin they already accept it because they see future with it. |
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Recently, i earn bitcoin by BitcoinTalk Signature Campaigns.But there are many approach to gain bitcoin.
Like>>>>
1. Faucet - Free Bitcoin
2. PTC websites
3. BitcoinTalk Signature Campaigns
4. Bitcoin Trading
5. Bitcoin lending
6. Bitcoin Affiliate Marketing |
Faucet and PTC re useless, lots of time and energy wasted on nothing. U ll make pennies with these and waste more energy than u actually get something in return. PoS is the king, look at my favorite DMD Diamond. yes that is a fact that faucets and PTC is just the wastage of time and nothing else. i will select only two of them, signature campaign and trading alt coin. think through signature campaign we can get a good amount of bitcoin in a very very short period of time. The payouts from signature campaign is limited and not too high but the best thing is that it is an guaranteed income that you will receive at the end of every week and its much better then wasting time on faucets and ptc sites. Signature campaign rates of salary are not too high but not too low, they are just in the middle of the measurement of rate but the good thing in signature campaign is they are consistent and they are paying in bitcoins every week or month (depending in the signature campaign manager) and they are also better than any other source of bitcoin like faucets or investments because in signature campaign, you don't need to risk any amount of your money. Yes signature campaign is the only risk free method to earn bitcoins as there is no capital required to invest and you get fixed income from it which is a good way to build up your capital and use that capital in trading once you have saved good amount of bitcoins. Risk free and uncertain as it should be, earning money for free will for sure make you struggling. How can you say that earning money through signature campaign will make you struggling? No it will not make you struggling because signature campaigns are easy to do because you will just sharing your opinions to other by posting then you will just follow the rules and the requirements then you can earn bitcoin without risking money and also in an easy way. |
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Recently, i earn bitcoin by BitcoinTalk Signature Campaigns.But there are many approach to gain bitcoin.
Like>>>>
1. Faucet - Free Bitcoin
2. PTC websites
3. BitcoinTalk Signature Campaigns
4. Bitcoin Trading
5. Bitcoin lending
6. Bitcoin Affiliate Marketing |
Faucet and PTC re useless, lots of time and energy wasted on nothing. U ll make pennies with these and waste more energy than u actually get something in return. PoS is the king, look at my favorite DMD Diamond. yes that is a fact that faucets and PTC is just the wastage of time and nothing else. i will select only two of them, signature campaign and trading alt coin. think through signature campaign we can get a good amount of bitcoin in a very very short period of time. The payouts from signature campaign is limited and not too high but the best thing is that it is an guaranteed income that you will receive at the end of every week and its much better then wasting time on faucets and ptc sites. Signature campaign rates of salary are not too high but not too low, they are just in the middle of the measurement of rate but the good thing in signature campaign is they are consistent and they are paying in bitcoins every week or month (depending in the signature campaign manager) and they are also better than any other source of bitcoin like faucets or investments because in signature campaign, you don't need to risk any amount of your money. |
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Iin my opinion and with funds that i have today, great way to make bitcoin is trading .. Because i am less interested in mining, which is in my opinion quite impressed complicated  I've been mining with S7, it turns out that mining is not easy, the difficulty level is always growing so that the result is not in accordance with the cost of maintenance, I think the best way is trading. Mining is not for people who don't have a lot of money because mining requires a lot of money in order to get good mining hardwares and at least earn good profit to sustain your monthly expenses like electricity and other more. Trading is a good and cheap way to make bitcoin because it doesn't need expensive hardware to start trading because all you need is computer or smartphone, internet and knowledge about trading then you can start trading with even a small capital. |
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I prefer trading in an attempt to get bitcoin
Although it requires proper analysis to open a sell order or buy a coin transaction
Because I just learned to start trading
It is okay if you just learned to start trading because i'm sure it will be fun for you to do that kind of source of income because trading altcoins or bitcoins is that hard to start because it just need some analyzation and some few patience for yourself to hold bitcoins or altcoins for a little more time to get profits. you have to tackle the risky situation from your own and first you have to learn the tactics of earning through it. i think first it is hard and could not get enough profit through it but i think after gaining experience it is pretty easy and you can make good income through it. You can make a good income if you believe that bitcoin will be the future of crypto, the price what we saw now is not that big yet so you can still take advantage on the low price now and we can buy as much as we want. Actually by holding alone it can already give us a good chance to gain but that requires time and we have to wait before we can cash out. Making profits by holding bitcoins is safe but its also an time consuming process as you have to hold them for a really long time to make good profits from it so I think better option would be to use them in trading and start making regular profits. I tried to trading bitcoin but the result is loss, easy way to get profit I think is to hold bitcoin and hope the price can go up so I will get the profit. I have experiences more than 4 months ago and proven effective. If you experienced loss in trading then don't give up because it is part of the game. Easy way to get profit is through trading but you need to study trading first and understand the basics of trading. Holding bitcoin is slower than trading, if you have knowledge in trading then you are gonna stick with it because it will be easy to you to earn money with it. |
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I agree, it is just that bitcoin need some improvement at the moment. Maybe transaction fees are increasing yet I cant see people transferring their funds there, that is not enough reason to do this move.
This is pretty normal for bitcoin or any kind of currency or cryptocurrency in the world because if there is a lot of users and also a lot of new users coming in the bitcoin world then there is no need for us to be surprise by this kind of growth in terms of increasing the fees because miners and bitcoin needs it to maintain its network and to give profits to the miners so they will not transfer to another coin. |
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First of all excuse me if you think its a noob question, but consider me a noob as I am trying to understand.
I've got a couple of questions about mining, (which I think fits in bitcoin section rather than the mining section)
First: Why do bitcoin needs mining?
Second: What do they actually mine?
In my opinion here is my answers: First: Bitcoin needs mining to have a supply for the market and to supply the demand of the buyers or investors in the different kind of exchange and have a complete circulation of bitcoin. Second: They mine bitcoin because they find it profitable by mining bitcoin 24/7 and also for confirming different kind of transactions online. |
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bitcoin is built with a strong foundation and system comes with strong security so it is not easy for a thief to take over, the current weakness in bitcoin as possible about legality
Even Hacker is difficult to attack bitcoin network, becasue It does not has data center. so We do not uave to worry about bitcoin has strong security. I think you're wrong because if the hackers cannot hack any related to bitcoin then what are the past incidents that happened? Like the blockchain has been hacked a thousands of bitcoin just got stole but the hacker give it back and also the hacked exchangers got hacked last year and stole a lot of bitcoins also. There is no safe in internet and anything can be bypass and hacked even bitcoin. |
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I don't use bitcoin as a digital currency anymore because as you said, the fees is getting too high, sometimes more than paypal if the transcation amount is not much. And did you have to wait for confirmation until they give you the coffee? or did they accept zero confirmation?
The coffee shop here near from my house accepts bitcoin as a payment also in buying a coffee and they did accept bitcoin even it doesn't have a confirmation yet as long as they see that they are already receiving the bitcoin then they already confirmed it and you can enjoy your coffee without worrying about the confirmation. |
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Just keep on believing with bitcoin and you will gain more money, it is the money of internet and the future money indeed. Users, earners or anybody else that treats BTC as money are just thinking practically.
Yeah it may not be popular as paper money but is already popular virtually and currently using of the entire globe.
Bitcoin is getting more and more popularity for this past few months and that is a good sign for bitcoin that it is gaining trust and building reputation in the market. I believe that bitcoin will become one of the most popular and most expensive currency around the globe when the people starts using it and if all the country adopted it then bitcoin will become or treated just like the paper money. |
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I am here not for very long time, and I see that all topics regarding earning bitcoins are very hot, people love disusing earning bitcoins. I am confused. As a human being, we all know how to make money. Isn't bitcoin Money? If bitcoin is Money, then the ways to make money are the ways to earn bitcoin, isn't it? In a word, there are only two ways to make money/bitcoin, legal and illegal.  I do love this saying, " In a word, Bitcoin is MONEY". Mate, it is true that bitcoin can be collected by legal and illegal ways, there were people who truely use bitcoin to illegal because of its good feature of anonymity to the public every transaction they make. Bitcoin or even the fiat already used in illegal transactions because that is how they can exchange things like service or an item but in this days, if a lot of people already know bitcoin then bitcoin is more prone to illegal ways especially in getting or earning bitcoin because of its anonymity and it is too easy to earn bitcoin in illegal way like buying and selling drugs. |
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It is technology so as blockchain and bitcoin. Soon it will be replaced by something better, just like how it is replacing laptops and desktops. I do not think that it has any correlation with bitcoin growth.
Yes smartphone is not correlation with bitcoin growth but it has correlation with the service related bitcoin, for example the online stores that accept bitcoin for payment method, their service (the website) must support for smartphone devices, if their service want survive on this era (era of smartphone) so bitcoin can be easy be adopted by users of smartphone. I think bitcoin is already adopted by the most smartphone users because we all know that bitcoin is very popular in every part of the world and there is already a lot of bitcoin wallet in the play store or app store so i think they already know the bitcoin (smartphone users) and they started using it. |
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Nearly all nations in the world already "use Bitcoin" in the sense that they are capable of doing so for any transaction that they want to do and the currency that they use is agreed between the two parties doing the transaction. It'll never become legal tender because of the nature of government regulation, and it'll never replace legal tender for the same reason.
In poorly developed countries, very little bitcoin is used and maybe not all have heard of it and do not know what to do with it or are simply afraid to try it. Those poor countries are not using bitcoin because they didn't aware of this opportunity and they just need to be aware from this currency and if they get well educated in bitcoin then they can easily use bitcoin and they will know what to do and how to use it as an another currency in their country that can help them especially in terms of remittances. |
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