I think what really makes the difference is when you have bitcoin becoming the standard currency for cross border transaction. Imagine a foreign worker in a country sending home the money without having to pay excessive fee and it is almost instantaneous. Similarly, if you are a frequent traveler, you can also forget about exchanging and holding different foreign currencies and that is when you have bitcoin.
Well it's so much cheaper than western union that's for sure, so if more and more merchants and bitcoin atms appear in many of the countries peeps send money back home to, then Bitcoin will really take off in this way big time. You cannot neglect the fact that it is much more cheaper then western union or any other currency exchanges and that is the reason why people are more attracted towards bitcoin and it also reduces the paper work like submitting documents, filling a form etc. and money is transferred with just an blink of eye. |
|
|
|
It is really not good for the ppl who bought at the peak of 2013. They fear the price continue to decline! The crashing price is impacting bicoin's image a lot! Bitcoin is known to be volatile, unstable etc. It is realy not a good investment from the wall street guys' point of view.
Exactly the prices has been going down at regular intervals and as a investor we haven't seen the stability in the value of Bitcoin and that worries all of us and it forces us to rethink that whether we are on right path or not or we have made mistake by investing into a bitcoin. |
|
|
|
For me, just collect bitcoin as many as you can.  That is true but just holding bitcoin will not serve a purpose unless there is adoption from the people at higher level or else bitcoin would be just on paper and would disappear or get replaced by any other new crypto currency So its better that people start accepting it as a currency. |
|
|
|
Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!
Hold your bitcoin and trading is the best way I think. Don't gamble except you're lucky guy ever  If you want to get rich in a single day go for GAMBLING!!! What are you waiting for??  It is Do or Die and why to Die without taking chances DO it and who knows you might grab the jackpot and you are through.. The best way to do gambling is limit your monthly losses so you never go on a serious loss. Gambling can be way too addictive. I only use 1 BTC for gambling, (not all at once, with small gambles) to not go bankrupt. yes and it is the right thing to do. You need to have control on yourself or else you could loose all your hard earned coins if you are addicted to gambling. And the statistics says that an average person can never be rich person through gambling as he have only limited resources for gambling. |
|
|
|
i want to spend my retired days with luxury thats why i am investing my present time to earn good bitcoins and 2 bitcoins is not enough for me ! i think i need more than 1k bitcoin in my account then my all dreams become true
Same here. But it totally depends upon the life style and the standard of living of an individual as it varies from each other so If you are looking for some lavish lifestyle after getting retire then I believe an individual should atleast hold around 2k bitcoins and then dreams will follow.. 100 BTC is enough for a luxury retirement life. Even 50 BTC is more then enough i guess to have an luxurious retirement life as 20 years is a very long time and the value of BTC we cant imagine where it would reach in next 20 years and if you have excess fund you can go with gold as the prices of gold would also raise in next 20 years. |
|
|
|
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow
saving money in the bank, will only mean losing them in the long-term with the current high inflation
i have to agree with him and would say invest some of it in gold as well, and if you can take some risks hold some bitcoins as well as its value will appreciate with time, and i am saying about holding for 5 to 10 years, and if you are just having fiat stacked up and doing nothing, you are infact losing the value of money indirectly to inflation. This is the right time to invest in bitcoin and hold it for say 10 years more and after 10 years you would be a wealthy man and I believe if you can have atleast 50 btc then I dont think that you can ask for anything else you don't have to worry about your retirement plans. |
|
|
|
well i think that all those news about btc are always good for us, so from my point of view this is a good news. because things like that maybe others will consider to do the same, who know? now while flying ppl will ask to himself what's btc?  Yes indeed. This a great news to us, with airlines accepting bitcoin that will make people start to wondering what is bitcoin. This will help more people eager to know a lot of bitcoin and this is what we are gonna need to make the coin price is going higher. The more people curious the more higher will the price be Yes exactly that is fantastic news for the bitcoin community and it will make flying very much easier it will save lots of time and energy if all the airlines starts using bitcoin as a mode of payment and it will increase the awareness level of the people who are still away from bitcoins. |
|
|
|
Nowadays bitcoin becomes popular payment method due to its offered advantage compared with traditional ways! ppl are keen to pay with bitcoin and merchants will be happy to adopt bitcoin payment to attract customers! It is good for the bitcoin development.
One reason I think it is more popular is because of convenience, and I find this especially true with me; I dont have to enter all my credit card information, phone number, register, etc; I just need to copy and paste an address to send to and the amount to send. Absolutely. It is the best and convenient way to make a payment for the purchases are made and I believe it is the safest too. You can get rid of credit card details and we have experienced in the past that hackers are very active when the payment is made by credit card. yeah and hackers can't hacked your bitcoin wallet to stole your coins. And its the easiest way for the min time. And also you can back up your wallet in case of losing data to your phone. You can insert your address to other device using you back up data. It is better then credit card that is for sure. Credit cards are very easy to hack and once you are aware that your credit card is lost or hacked the post procedure is too hactic for eg calling the bank to block your credit card, apply for the new one etc. So paying with bitcoin is the simplest way. |
|
|
|
Holding can be the better option at present and if you have captial with you then you should buy more bitcoins as this is the right time to invest in bitcoin as the prices are lower at present and hold if for 10 years or so anc then you can earn a huge amount of profit.
Holding is the best option, but you should know how to store them safely. Wallet hacks and robberies are quite common with Bitcoin, and I don't want some lowlife scum to steal all of your hard earned coins. And holding them for 3-4 years might be enough. By that time, either Bitcoin will be replaced by some other form of currency, or it will be widely adapted and accepted worldwide. Exactly. Holding sounds great. Atleast bitcoins that we hold are safe rather then going for gambling and loose the bitcoins. And ofcourse need to beware of scammers who are keeping watch on our hard earned coins so need to take care of it. And yes it is the future so it is better to hold them for a while. |
|
|
|
6-7 hours for posting, this is crazy, you should be payed a tons, if that was the case, you need 2-3 hours at best, unless you are writing wall of text everytime
Besides writing, a lot of time can go into checking out all the new threads. Maybe he does this in order to find enough places where he could write a post? At least it would be better than opening a random post and spam an opinion that was written already 10 times before with 2 lines of text. Thats what some do. But if they do so they will be get banned from the campaign very soon. It is not the best idea to do i guess. It is better you post comments honestly and get paid for it. I would suggest if you are looking for a good signature campaign the bitmixer is the the best option. |
|
|
|
Hello! I'm interested in Your opinion on the future of Bitcoin.
I suggest to everyone to vote in the poll.
Let's see who has the most, the optimists or the pessimists?
Please leave Your opinions in the comments.
Thanks to everyone who voted!
It is but obvious that it will grow in the future as the adoption level goes high don't go on the present value of bitcoin it is sure gonna increase in the future and definitely it will face a competition from new entrants and new technologies but I believe it would not affect bitcoin. Same was the case when internet came into existence no one was in support of it but today it has become the necessity.Same would go with bitcoin in future. |
|
|
|
Well the article is a total sound of desperation. It seems a like a desperate way of trying to keep their customers. LOL
Yes they are scared of loosing their customers and that is the reason why they are commenting negative regarding bitcoin. As more and more people are getting involved into the use of bitcoin it is a threat to mastercard's customers and that is the reason they are yelling loud at bitcoin |
|
|
|
Everyone has a right to his own opinion.
Everyone can say what they want to but whether you want to believe in it is up to you.
But nobody can predict anything with 100% accuracy. Even the best mind made wrong assumption or even decisions.
Exactly different individuals have different perceptions and different beliefs. You cannot get carried away by what Mr. Warren says It is totally individual decision whether to go with bitcoin or not. It is more important how an individual views bitcoin nothing depends on what other says. |
|
|
|
It should stay no matter what bitcoin price is higher or lower just be satisfied what bitcoin price because we dont control the changes price of bitcoin Yes that is true. If you have faith in bitcoin you should stay or should leave. If you want to grow your bitcoins in quick session then it is really difficult to that. But if you can hold your bitcoins for a longer period of time then it can prove to be profitable in the future. But still we don't have control over it so it is a tough decision to make whether to stay or to go.  You must stay to this forum for giving us an opportunity to earn bitcoin and also for satoshi that invented the bitcoin. Whenever it price goes up or not. I believe we should stay as coming to any decision at this point of time would not be fair. I believe the the value of bitcoin will raise in coming period of time as the adoption will go high. So I think we should be more patient with bitcoins as we are aware that "Patience Pays". |
|
|
|
It is volatile because it is very manipulated and not controlled by any instituion
besides, the market is not really big
Yes it will get stable if the demand and supply are equal and that is only possible when the adoption level goes high people should start adopting and accepting it as a mode of payment and also the vendors and merchants should start accepting it if the demand and supply is equal the value of bitcoin would be more stable. That is right but it can only get stable once the government of the country starts accepting it as a currency if the government shows their supports towards it, it would definitely attract more and more people and media would also play a very vital role in supporting the bitcoin. |
|
|
|
The old school people still think: "physical gold is way more safe then anything else, particularly on a long enough timeline. I personally don't trust the math behind crypto". I don't seem to be able to combine old people into the safety of BTC.
I agree the people should change their mindsets who are totally dependent on the gold as a investment tool there are many new products in market which can replace gold and can give better rate on investment and bitcoin is one of them so presently it would be good decision to invest in bitcoin as compared to gold Just remember Daddy is Daddy You cannot ignore this fact and if you compare bitcoin and gold to each other the the gold is daddy and you cannot afford to miss the history that gold has given to the world people trust gold more over the bitcoin as the history answers everything. |
|
|
|
if you buy something -especially expensive things like house, land, car etc..- with loan you can save money . Coz everyone tend to trifle away their money .
Are you kidding me?? you cannot save money if you are buying all these above things on loan.. you have to pay more in the form of EMI ya no doubt it will save your money at the initial stage that you don't have to pay entire amount but we are here to discuss on how to save money for the future and going for a loan is not an good option. |
|
|
|
Trading forex with btc I can make a lot per month, or at least a lot for me, which is roughly a low medium salary. It's not much but in my country life is pretty cheap so I'm ok with it and I'm sure that with more experience I'll do better and better Yes that is true.. you cannot build a rome in a single single day.. patience pays.. and the best thing is you need to start is as a safe.. and rest will follow..even if you are earning less at a present no need to worry atleast you are paid for the work that you are doing and joining signature campaign is the best way to earn bitcoins. |
|
|
|
Bitcoin is like a shitty coin which is causing me to waste my precious time  In that case why are you using a signature that no doubt pays you a small fraction of a bitcoin for each post? If that small fraction of a bitcoin becomes very valuable tears from now then it's not a waste of time. Every coin has two sides and that's true joining a signature campaign doesnt pay you huge amount of bitcoin and for that you need great level of dedication and discipline to invest your time in commenting on the posts but its a safe way to earn money you are investing your time and you are earning valuable bitcoin out of it. For me bitcoin is an asset and not an liability. Today I don't need to use fiat or credit card for making an payment online. I feel like the king of the world where I don't need to carry cash even if I am going for shopping in a mall with my wife the only thing i need to need is to show my bitcoin address and i feel it as a blessing |
|
|
|
all we know that bitcoin is deflation from time to time and of course if all of the bitcoin is distributed completly so that its price gonna be stable and increase over time,so all you have to do save your 1 bitcoin,print your identifier ,key and passwrd keep it safe and give it for your child or even for your grandchild its an awsome heritage Yes once the people are aware about it and more and more people start using bitcoin it will make the value of bitcoin stable and then it can reach to a new level that we cannot afford to even imagine and the present scenario is people are not aware about it so its value is diminishing. |
|
|
|
|
Show Posts
