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If you are talking about the fees which 10%-20% of our bitcoins will deducted from the transaction, then i will say that yes. I will still use bitcoin because it is secure and still fast in doing transactions, it is better for me to pay an average to expensive fees per transaction rather than exposing myself to the internet people. It is just a comfortable currency for me and i will still use it whatever will happen.
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Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
I think as long as you have sent the bitcoins through the merchant or shops wallet then you can get your order as fast as you pay for it.Bitcoin transaction are not irevisable,you cannot refund any of your transactions so no need for the shop to wait for confirmations on block if you have sent the bitcoins I agree with you. That is why bitcoin is perfect for business because bitcoin cannot do chargeback like the paypal which can scam people who uses it. As soon as you do transaction with a store and they see the bitcoin in blockchain then you can tell to them that you already do a full payment because it will just take at least 30 minutes to get fully confirmation in the blockchain. |
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I think this is just an error the coinbase site because if this is true then a lot of people in that site will be reach because they got bitcoin for just 0.06 and sell it for the current price now. I think if that is true then the news will be all around the internet and not only here so i doubt that it is true that bitcoin legit dump to 0.06 USD.
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What would be a beginning for a better world. The economy would be more stable and the price of BTC would be too. And it wouldn't be easy for someone to steal money because the system would be way more safe. And everyone will know that there are only 21M btc to use, and this is a way for nobody to ''make'' more money.
to me i think that is the future of bitcoin. although it will take such long time as still only 1 % people of the world are using bitcoin but we can see that the users of bitcoin are continuously increasing. The population of bitcoin users are now keep increasing, you are right that 1% of the people in the world or more use bitcoin as of now and it will continue to rise if we will just keep being active in this forum and any bitcoin community site and also keep promoting bitcoin until its popularity will be enough for bitcoin to stand alone and keep growing. |
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Does anyone know of any research into how much and what % of revenue businesses are receiving in Bitcoin? One of the main barriers to worldwide adoption of Bitcoin is that many people don't see the tangible benefit. This study hopes to show the bottom-line benefit that businesses are getting. Thank you for all your suggestions. I have now created the survey: Does your company accept Bitcoin? If so, please complete the below survey and share it to ensure we get the most reliable data. It's currently taking 4:51mins on average to complete 8-) https://valueofbitcoinstudy.typeform.com/to/rw6P82If anyone has any suggestions for where best to share the survey that would be much appreciated. I think there is no company that accepting bitcoin to be one of their option in doing a payment for the salary of taking as a payment for their product but if there is existing for sure it is from japan because of the last big news from japan and they are just starting to accept bitcoin so the companies will just do a research or study like you before they accept it. |
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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". Bitcoin is really a money and there is a lot of ways to earn bitcoin by doing signature,trading,freelance and investment. Money (fiat) and the Bitcoin is always involved in that two ways to make money which is legal and illegal because that is pretty normal in our world, most of the people choose to earn bitcoin in a clean and legal way while other want to earn bitcoin in a faster but dirty (illegal) way like selling drugs or any kind of illegal stuff in the black market. |
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What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Anonymity is the biggest hurdle for bitcoin to get accepted by governments/banks because they can't implement taxation as well as they can't track source of bitcoin. However anonymity is also the main feature due to which many users love to store in bitcoin and use it whenever they like. Governments/banks may never accept direct bitcoin payments, but they may implement strict rules/regulation and high fees on local bitcoin trading platform. And as recent coinbase and PBOC investigation have shown that governments are now looking to get detail about every bitcoin traders who are actively trading bitcoin so that they can put tax on their earnings as well as limit money laundering. Governments fear that they would have to face huge loss in tax revenues due to bitcoins.Also,they fear that bitcoins would lead to illegal activities. Instead of banning bitcoins,governments should take measures to regulate bitcoins like China and Russia Those problems can be avoided by the government if they just find solution for that, government can establish a good bot or a program for bitcoin to be a monitor for them in the different transaction that is happening inside their country. They can also tax bitcoin because if bitcoin is in their country then bitcoin should obey to government and government can do whatever they want to bitcoin like having tax for bitcoin users. |
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one thing is certain, bitcoin prices will go down.
not true, if no one can buy because none is spending(i'm assuming the wider definition here and not spending as a purchasing only, but as a trading too), the value will likely remain there, not going to be dumped for sure but it can increase without the possibility for buyers to buy new coins, in fact if all exchange were to be stopped by the governments, the value would not appreciate anymore so quickly you then need to do private trading and report on a new decentralized(like a big forum) service the possible new value I guess it's possible. if no one else who spends bitcoin, that is to say, bitcoin is not used anymore, and in my experience, coins were never used, the price will go down, or even disappear. if bitcoin never in spending, meaning that bitcoin is never used, so it's likely the biggest price would probably fall. As stated based on the usage the value will go down. If this happens, soon the users too will stop using it which eventually stops the acceptance of bitcoin from stores. I believe that trading people were the one who gets affected much than common users. It will be nonsense if we will just store it and waits for it value to goes up before we use it,how will it grow of we would just stock our btc in our wallet or doesn't do anything about like investing or trading, it is like doing business we just need a capital then a profit to run the business and we should get some outcome like does it earn or not. If btc will not be use then why its created anyway it will soon be gone if we doesn't do any btc related activities. I agree with you. If no one spend bitcoin then it will be just nonsense for the investor or holders because there would be no supply that will circulate in the market and that will be bad because the price of bitcoin is just depending on the demand of the market so if there is no supply then there will no demand and if there is no demand then the price will decrease and that will be a worst case scenario if we will not spend our bitcoins. |
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I don't see altcoins have any chance against bitcoin in terms of being on the top of the market. Although they can get manipulated and be on the top high volume in the market, still.. it is not enough for them to become the new type of king aside from bitcoin. Altcoins will take a lot of time and development in order to become another type of king of the cryptocurrency markets.
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in fact, there are many ways you can do to get bitcoin. things I've ever done is:
1. faucet. yes, the faucet is where I get bitcoin.
2. trading. yes, you've done it.
3. The signature campaign. This is my favorite because we do not have to worry about losing bitcoin.
4. gambling. I do not recommend it because it has a great risk
I dont like faucet and gambling. Faucet the payout is very low and you spend a lot of time by doing it, gambling the chance of winning is very less and gambling is very risky becauae they have possible your all bitcoin loss by playing it. I like the trading and signature campaign. Trading is my one of the best way to earn bitcoin and I earn everyweek because of that . I like the signature campaign because it is free to join you only need time to post and you earn thats it. yes,, i've tried everything,, and now I just focus on a signature campaign and trade, I rarely look for bitcoin gambling ..and I think trade and sig campaign is comfortable to use, for example of the signature campaign, you're right, it's very easy, you just have to post, and we would much have the knowledge about bitcoin, political, social, technology, and much more, we just have to read and do conversation with the way the post. Any way you choose to get bitcoin, it depends on the abilities and skills that you have, because I can not gamble I prefer sig campaign and trade ... - You right, signature campaigns and trading are the best ways to earn a bitcoin, signature campaigns help us earn some capital and then we can use it for trading. The way to earn bitcoin is very much, you can search on bitcointalk forums - From the start, my first job was a faucet and I felt this was a job that could make us exhausted but it could also help us earn a lot of bitcoins if we knew the tricks. Gambling is not a way to earn a bitcoin, it is a way to make bitcoin disappear from our wallet I'm using the 1st strategy, signature campaign help me earn some capital and immediately use it trusted trading site. I think it's the best ways to get bitcoin. About gambling better stay way from this trap, in further to smooth walking never suggest, there several method to do. A lot of bitcoin users are doing the same as you, like me, i also do that method where i collect and keep my signature campaign earnings in my bitcoin wallet until it reach at least 0.05 and i put it on a trading site where i do buy and sell with the atlcoins and grow it up 20% per day, I also do compounding for my capital so i can easily grow it faster rather than the traditional way of taking profits and getting back with the capital. |
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Well we cannot force them all to use Bitcoin if they really don't want, what we can only do is to promote Bitcoin more and it is up to the people who see the advantage of Bitcoin if they will join or not. But if you are concern to someone or this people is very close to you then you should can force them to use Bitcoin just make yourself an example but before you can become an example you should have gained alot from Bitcoin so that people will be inspired to you.
If someone is interested in something then they will be serious with it, but if not it will be difficult for us to persuade them something. Usually people who does not know bitcoin indifferent to it, moreover people who hate bitcoin. Maybe someday if they see you was succeed in the bitcoin world they will change their mindset. That is the most common problem with the people now a days, when you are sharing or telling them that you found some good opportunity to earn money then they will ignore you because they always think that you are just recruiting for your own and it will turn to scam later but they didn't see the good thing in you which is you are sharing things. Most of the people i know have that same problem where they just show that they care when i am earning a lot of money with the opportunity that i shared. |
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I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ). Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ). Any tips on how to start will be great. Thanks  To get into the bitcoin business you should have bitcoin first so you can start doing any kind of business that is available online. If you want to avoid getting a lot of money loss then stay away in the gambling sites unless you are doing an investment with their bank roll which is good. You can also do trading where you just use your bitcoin as a capital and do buy low sell high principle and you could easily make profit with that but be very careful in trusting coins because there is a lot coins out there that are scam. |
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Bitcoin is still a new technology. It is counted at the beginning of the road according to other investment vehicles.
We can think of it like the first years of the gold mine. Bitcoin is the gold mine of the age we are in.
I believe that it will gain much more value in the future. Yes, bitcoin is a good investment tool.
I think long term thinking will be helpful when investing in bitcoin.
yes we can also hope that in future the value of the bitcoin will increase more and more because the number of bitcoin users are increasing continuously that is why the demand of bitcoin is increasing which is also causing the price of bitcoin to increase. People believe that if 21 mil total of BTC will be released, then the btc price will constantly rise because of higher and higher demand, and lower supply. And that is true, but it is going to happen if most of the people using cryptos will stick to BTC. Not only the supply will go lower, but the number of bitcoins in circulation will decrease as well. Everyday, people die and one of them might be a bitcoin user that holds thousands of bitcoins. Of course, today we don't feel it yet. But after all the BTC was mined, it's just a matter of time until we realize that there are much less coins in circulation, thus, bitcoin will even be more volatile it is certainly true but you consider the situation statically only What I mean to say is that it is not just the number of bitcoins in circulation and their decrease over time which is important here. It is indeed one of the most important factors but not the only one. Another very strong factor is the velocity of circulation, i.e. how often an average bitcoin changes hands. Increasing this velocity is effectively equal to increasing the amount of bitcoins in circulation. When instant and low or free of charge Bitcoin transactions become widely available, that would obviously lead to an increase in Bitcoin turnover velocity and which would likely help stabilize Bitcoin prices All the things you need to have a good investment. That is, supply and demand balance is formed. The transaction volume of the relevant product is high. ... These and similar features are necessary for the evaluation of an investment vehicle. But the problem is the following. People do not know the concept of bitcoin yet. Only those who are dealing with technology know. There are many people who do not hear bitcoin around. Everyone in the world knows normal money. How will everyone in the world know about bitcoin? Everyone in the world will know bitcoin because of its uniqueness and power in the market that can change the world for a better version. Bitcoin is digital money and can be done online without any hassle and that is why bitcoin will be notice by everyone in the world. Just wait and watch the progress of bitcoin by being adopted by the worlds biggest countries and observe how bitcoin will dominate the world. |
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it is time for thinking about bitcoin payment transactions that must be changed if the name can confirm that the transaction must be discarded, because I think for this kind of business will not be able to implement this system, the least amount of time for a long confirmation. it is less effective at
Once you made a payment with bitcoin and when it appears to the blockchain then it is already considered as a confirmed payment. The confirmation for bitcoin is not a problem when doing transactions and doing payments for business because you can all find it on blockchain where all the transactions are stored in the cloud network. |
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For someone like me, who do not have the ability to buy Bitcoin with their fiat, Signature campaign is their best bet I've made a lot of Bitcoin from signature campaign - more than 1 BTC - and with those Bitcoin I managed to start my own online businesses.
I agree with you about this. They should have included signature campaign since it is also a good source of bitcoin. Not all members who have just registered in this forum have the capability of buying bitcoin first. Many members have started earning bitcoin by joining signature campaigns before trading.
I agree, signature campaign is one of the most common and the best source of bitcoin and most of the newbies are coming here because of the payments of signature campaign and most of the signature campaigns here are very stable and have a high rates. But among in all of the options in the poll, trading will still the best if you just know how to do it properly. |
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This new name is great news if bitcoin could be used officially the users in Russia was, is now able to transact openly, because I think that digital currency is not wrong if used in accordance with existing rules
The more that their is a rule for any kind of cryptocurrency then there is a high chance for that to be more organized in a particular country. Russia is one of the strict country but they still manage to adopt and accept bitcoin to their country and that is a good sign for bitcoin users because it means pump because of the possible demand. |
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Well.... I'm using to types of wallet, first is Paper wallet this wallet i usually used to receive bitcoin and sending on it and my second one is Web Wallet...... my purpose that i used web wallet is to stock my money for a long time whether i want like electrum much more than trusted enough and good one to use for web wallet
I think you're confused. Web wallets are usually much more convenient and easier to use for everyday transactions, but they're less secure. Paper wallets have the opposite characteristics. Holding a large amount of money in a web wallet for a long time is a bad idea - I use a web wallet but only until I've earned enough for it to be significant. Paper wallets are just for people who have got a lot of bitcoins and they want to secure it by putting it in paper wallets because paper wallets are very safe since it is offline and the hackers can't get those bitcoin unless they see the private key but overall it is very safe. Web wallets are just for hot wallet and not for long term holding because it is very vulnerable to hackers that can hack and get access and steal your money. |
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Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of total Bitcoin users world wide?
Maybe we cant find the exact number of it cause i think that in some areas that internet is prohibited we can say that they are illegally surfing on the internet. so they are simply hiding when they are earning it. That is possible for bitcoin users to still do transaction or earn bitcoin even the bitcoin is banned in their places but the most reasonable thing for bitcoin users to not be exactly counted is a lot of duplicates of bitcoin wallet and a lot of same bitcoin wallet all over the internet so it is hard for a person that doing a survey to completely get the exact number. |
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I think it would be very difficult for banks to accept bitcoin, because basically, the bank is a government program that is legal. bitcoin does not include transaction or investment instrument that is legal or illegal. but, I think it would be good if there are banks that accept bitcoin, because it will be easy access for users bitcoin, to turn Fiat into a bitcoin.
In my thinking, we all have no clear answers that banks accept bitcoins or not. Because someday ago, my friend told me that in some countries some banks accept bitcoins. But i am not sure it is true or not, also if it is happening than it is good for bitcoin's users. There is no banks that accept bitcoin as their deposit or withdrawal transactions because if they did that then their government will punish them because it is more like promoting bitcoin rather than fiat in doing transactions like deposit or withdrawals. It will take a lot of time for a bank to accept bitcoin because they will clear what is bitcoin to their self first. |
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The reason is his characteristics is most familiar in all currency, and his the highest value and easy to earn and all kinds of alt coin , good investment and trusted. And its because his name for crypto currency. Because it has many benefits and it is very useful to others,its easy to invest.
Correct, that is why a lot of people in the world are addicted to bitcoin because of being simple in easy, easy in all matters of bitcoin like investment, earning and using it. We don't need to be genius or any sort of complicated thingy because Satoshi Nakamoto already made it simple for every kind of people in the world. |
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