Great amount of bitcoins so far, I could retire with that amount and live a simple life until I retire. |
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At crypto world we always want two things, more bitcoins and bigger value, with that said, we sometimes does invest trying to achieve both requests, sometimes we do loose in the road, savings for me has showed last halving it would be better hold my coins instead risk them, but this is up at each one.
Talking about crypto world, it's more on a investment on me, it's not savings because the word savings happens only in the bank and there's no risk on that. Here, it's full of risk but the reward is great.. |
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I think we need to have regular job for steady income and i think there is no work in bitcoin to gives us steady income. But it is good to increase our income even in a little portion because it is good to be other source of income.
It's the most possible way to have a steady income, having a regular job will help us survive in this world and though sometimes we are not contented with the amount we are receive we still need it so we have to have it, we just do a side job to increase our income. |
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I'm not a millionaire but it has been my dream to become rich, and I will achieve that here in bitcoin. I will hold no matter what the future is, 1 BTC is enough, I will not be hurt when it's gone.
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Maybe we can apply the saying, "Don't put all your eggs in one basket." in here. Invest some of your bitcoins in the hot altcoins and then keep an eye on the market of that coin. I don't recommend investing in cloud mining sites for obvious reasons but if you really do want to do mining, then I suggest that you buy your own mining rig. You can also invest in new gambling sites and startup projects.
I think it's not a problem to keep all your money in bitcoin, I believe that bitcoin has a great future, and while I still have the capital so that I do is invest into bitcoin, and in fact I was always profit It's a problem actually because you are like gambling ,it is our prediction that tells us the price of bitcoin is good in the future, but what if it will not happen and we lose our money, where are we gonna get money now to survive our daily needs. |
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I have always worked to have money. When it was time, and even on the internet earnings was not, then I have worked hard physically and extracted what I need.
Someone would probably work for the money he needs, but not always you have that much time to work and earn the money you need desperately at that moment, so in such times you need to do something urgently like taking a loan or selling something etc, that is why it is always good to have savings. If you already have the bitcoin and do not need it to pay for living, it is better to save it for the long term. You will die with your bitcoins, you are in desperate situation so you have no choice but to sell it.. |
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Bitcoin is not going to die, because technology will always pave the way for new ideas. I think there is competition also emerging from the new digital coin that also may be hard to compete with in the future but did not die.
Well, there is no obvious connetion between you statement and argument. Technology might pave the way for something totally different from bitcoin and something that would kill it, don't you think? And my thought is that there will definitely come the time for btc death, because nothing lasts forever and everything in our world requires some additional support to exist. If people wouldn't need btc it won't be there anymore. Only if bitcoin fails to adopt to the new technology and need. But bitcoin have solid devs and community support. So i think bitcoin will not die because of technological advancement. It may die because a new crypto is better but that there is no crypto better than bitcoin yet. It's the community that makes it alive, in this business trust are more important than devs. Most of the coins has good devs but they lack trust.. |
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For the price to drop that much it would take unlikely acenarioa to happen in the short term. The only reason it would plummet like that would be loss of confidence by holders or massive regulatory restrictions.
So let's face it, if btc drops to $100 any time soon, you'd be thinking thrice about buying up.
1000 dollars price of bitcoins was possible but it will takes more years to happen, i have faith that bitcoins will go higher than the predict price but for now, i will just think for the possible things happens. Digital Currency price was not stable, so we should also consider that the price of bitcoins will also fluctuate. Lets look on the reality. Bitcoins price goes up and down, so we better think of practicality. i will buy now before its too late. It's possible because we have already achieve that price.. |
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The price is important we can't deny it. Maybe not so much for the people who are in Bitcoin for a long time but good price can also attract new people which is good for mass adoption. We all love Bitcoin but we also like to earn something and that is why the price matters.
Regardless on how long you have been in bitcoin. Price do really matters because that will significantly give you the probable profit that you can get for the total bitcoins that you have in your cold storage or the amount you can get by just simply earning from your source of income. And if bitcoin doesn't have valuable price then we won't be all here. The value is what matters and that is the price of bitcoin, it matters to us who want to earn as we love to see increasing amount but for gamblers price matter but the movement is not. |
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Buying bitcoin was difficult in early days but today any one can buy bitcoin and that too with cash also. I think you have logged in your localbitcoins account after a long break and thus they asked you to verify your identity. Yes, I have also experienced their security measures and couple of times was failed to trade bitcoin but ultimately it’s good thing for us because the more security the more reliability. I will advise you to do verify your identity and then you won’t face any issues like this one.
Exactly because bitcoin is getting popular now and more business are opening to take the market of bitcoin supporters, in my country it's simple as 123 when buying bitcoin.. I do not even understand why there are still people who are having a problem with buying bitcoin. |
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Bitcoin can not replace fiat because bitcoin is can be spend only in online and it has no real coin to spend offline while fiat is traditional currency which every body can used it any where we want.
Bitcoin CAN be accepted in real life and not online. In fact it is so much easier than paypal to spend in real life. You simply scan a QR code and you'd be good to go. Bitcoin technology can even be integrated into an Apple-Pay style transaction mechanism. Bitcoin cafes are already across the world. But obviously adoption rates are a whole different story. It can but the establishment or businesses who have adopted with bitcoin are very limited, the fact that you are spending regularly to survive in this world we cannot do it if we rely on bitcoin alone. Admit it or not, we need fiat and we know from our own that bitcoin cannot replace fiat. as the old system have to be dumped and before that new system should be accepted by almost every one and it should be come to main stream. First the peoples used barting system where trading like that , then the kings came and made coins with their logo and then each country formed with government system and then each country have their own currency. So like this bitcoin is a neutral digital currency which will be used by whole world without giving any country to dominate their currency price high on other country. It will take time till then fiat currency is going to be used. It will but it's not bitcoin that is going to replace fiat. |
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Do not rely on others to be someone rich
LOL! short statement but true, work on our own and trust ourselves is the key.. |
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It is actually not possible to predict anything at all because of the fact that we don't know right now if how much percentage of the world is owning or using bitcoins.
But still as an estimate i have selected 20-30 percent because i feel that the growing users database would probably make it reach that extent by then.
Yes well said, no one can predict the accurate figures. I am surprised with your prediction of 20% to 30% people will be using bitcoin by 2020. I am not saying that it’s impossible but to reach such milestone, we as a bitcoin users community should give our best to build awareness about crypto currency technology and bring more and more people on the board to use bitcoin. Government policies will play a huge impact of the growth of bitcoin users in both positive and negative sense. There's so many bitcoin user in the world, so how can we predict? even a survey could not even tell the exact number of bitcoin users around the world. as of now many people become interested in bitcoins, maybe some friends told them the benefits of using bitcoins. now, The number of users are continuously growing so i guess by year 2020 at about 30 percent of population will use bitcoins. This is not impossible since the other country are now adopting digital currency as their national currency. We have no choice but to predict, at least we can get the approximate number of users, it's important to be considered if we are investing and trading. |
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Mr. druggy you are at wrong place because here we don't use drugs never buy with bitcoin or fiat, it seems you are drunk while making this post  as bitcoin is a currency so it may be use for such purposes by some people, but i think there is no fault of bitcoin in it as just like other fiat currencies which are widely use for such illegal activities. Bitcoin cannot be at fault any moment, it's just a currency and it will not move if we will not use it. By understanding bitcoin, whatever your actions towards it, you will be the only one that is responsible on using your bitcoin. It's necessary to ensure that even if others are using it for illegal activities we remain using it for good. |
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weekly will be about the full nodes, not sure why is everyone expecting it so much.
I think right now what needs to happen is waves need to be added to one or few top exchanges. doesn't necessarily need to be poloniex, if there is some perosnal agenda. the reason waves need to be added is that it will give this project some validity and confirmation that the full nodes is the good milestone and step in the right direction. .. it's just... waves should not be only living on bittrex ,especially now that the FN are released and all the code is there for waves to be added to exchanges. if all exchanges keep ignoring waves then this is weird indeed.
FULL NODES it's not meant anything. That's why i feel difficult for find them on the exchange. LOLLLLLL what happened to ALL THIS MOOON TALK FOR FULL NODES SHIT as usual, dead. Still the same so wait again.. No problem, I can still hold. I ain't selling it without a profit. |
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I don't think that makes much sense. It is possible that Bitcoin reaches this value someday, but it will not make people stop using fiat. To gain more users, Bitcoin must first reach more people willing to sell goods and services for Bitcoins. In this way, there will be greater liquidity in the market, and over time Bitcoin will gain more stability. This will give more confidence for people to use Bitcoin as a currency.
People would surely use bitcoin infact they are already using it as a currency, but that would probably not make fiat worthless in any means, no matter where bitcoin reaches but people will still use fiat as long as there is governmental system in the world and that system does not seem to be vanishing at all. I agree with you. Bitcoin is becoming a trend to many but not all people are using it. So we cannot tell that fiat will be worthless even if bitcoin's prices rises. We each have our own government and they control the trade and economic system of our countries. It needs to make "all people" use bitcoin to make fiat worthless. Also bitcoin's value depends in fiat. So It cannot make fiat worthless. The fact that we are increasing in terms of number now, we have a great future in bitcoin if we are just willing to take risk and hold now. I do not care if people are thinking to make fiat worthless when the price reach that level but I am here to take my profits. |
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That is the cycle of bitcoin after the price increase next to it will be falling. So that is just going to depend on how you will take the increase seriously. But I would say that selling today, is quite good if you are thinking that the price is already satisfying then just sell some of your bitcoins but don't sell all of it.
It's all about how to spot the right opportunity to buy or sell (timing)..
We are not fortune teller but selling everything is not a good decision like he said it is better to sell some of your bitcoin and the rest just hold it and wait maybe the price will increase more soon.. it is a trading strategy. that can gives you good benefits if you doing it right..
Bitcoin price is unpredictable so you will now know if the price will increase more soon or not.. analysis can help you but they are not always right..
Not good to sell if you still want to be engage your future with bitcoin. |
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This is my other thought. Bitcoin in the first doesn't have the plan to replace fiat. Fiat is fiat and it can be replaced by bitcoin because in other ways bitcoin is bitcoin as well which can not be replaced by fiat either both are unique, both do have advantages and disadvantages as well. But they obviously are comparable that makes their differences.
They are both unique, that's correct, but it doesn't mean one can't replace another. In some countries, people don't trust their own fiat at all and use USD instead. So if one day people don't trust USD anymore, they will then choose another they trust most. So it is possible they will choose Bitcoin if they find they can't find a better alternative. It is all about trust. They are only some but majority of the people trust their fiat as it represents their nation. For me, there's no problem because I can trust both fiat and bitcoin and happy to have both. |
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That is called living below your means. One of the reasons why people can't properly manage their money even if their salaries are increasing is because of lifestyle creep. We tend to adjust our lifestyles when we receive a higher pay, sometimes resulting in an even bigger spending. I am not saying that it is bad to adjust, but we should do it according to what we can afford.
It requires a lot of discipline but it'st he best way to manage your money as you will be able to save for sure.
Yes lifestyle is the main factor that a person working and get paid with high salary are not capable of managing their money and saving some of it because of their so called 'socialite life'. Meaning living in high pace of life where you don't care to spend your money for nonsense things. Because if you are just living normal then you know how to spend your money properly.
Just fit your lifestyle with your earnings, we can't tolerate our behavior of wanting something we cannot afford. |
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We all have some amount of bitcoins in our wallets..
Do you really think bitcoin is a currency Worthing you more than a real currency...
I do because real currency price won't grow up or down as bitcoin...
So do you or not ??
And also have a discussion about its prices in future..!!
It is worth it for me. Unlike real money currencies, bitcoin is more flexible. That you can either do trading, investing, selling or mining. Except for mining you can do all of that with fiat too, in my opinion the greatest strength of bitcoin comes from its decentralized nature, that has allowed bitcoin to survive and even thrive despite all the obstacles. Yes the decentralization is really good for us, unlike fiat that can monopolied by bank. Bitcoin was designed to be deflation everytime, it mean the value will always rise. Bitcoin will survive as long as people use it. The number of people who use bitcoin is increase every time. So I am really sure that Bitcoin price will keep rising forever. So bitcoin is worth as an investment for me. sometimes decentralization is sucks , you know what , you have 100% responsible on anything happened to your money , for example when you lost your money because hacked or any other technical problem noone will help you , so it is sometimes worth more than just money but sometimes horrible. Lol yeah that's the risk you have to accept when you're using bitcoin, decentralized actually very nice to hide your identity and if you want this freedom would be very useful, but all the responsibility is on you That's why I like it because it protects our information and we can retain the confidentiality of our transaction. |
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