Have you ever checked "donate"? Pretty sure theymos has the most BTC here  I agree that theymos got the most bitcoins here because of this site and the donations of the good samaritans members here. But i think there still a few people here that got the most bitcoin aside from theymos but we can't be sure who they are because a real rich person doesn't reveal and speak out about his bitcoins or money. |
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The reason I like bitcoin is freedom. I can choose how I want to earn them, spend or store. It has no nationality, no restrictions. Bitcoin is an additional source of funds to me but at the same time I'm not depending on it. It is an alternative that may become mainstream.
That is one of the best thing about bitcoin, bitcoin is freedom and it doesn't require anything just to be qualified to this kind of community because as long as you are interested and you know how bitcoin works then you are qualified to this community. Bitcoin does not have age requirement because it is all up to the person who want to earn bitcoin and it also have a lot of opportunity that is given to us to earn bitcoin. |
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I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.
yeah without synchronization or whatever it is. online wallet is much easier to use and can be taken anywhere without the need to carry a computer or your latpop It is good to use online wallet when you are just storing a few bitcoins but if you are a serious bitcoin holder or investor then you are using online wallet then i can say to you that you are putting your bitcoins in danger because online means not secured because there is no safe thing in the internet and all the things in the internet are not safe so it is better if you use hardware wallet for storing big amount of bitcoins. |
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the existence of the bitcoin makes things unpredictable, originally I assume same bitcoin with paypal or payment processor. that makes me amazed is the speed of the transaction, then it is accepted throughout the world.
To be honest, bitcoin is not yet accepted throughout the world because there is still a few countries that doesn't accept bitcoin and some of them banned bitcoin from their country because of security and trust issues about bitcoin. The transaction of bitcoin as of now, is being slow because of the unsustainable network that caused by the big volume of users. And somehow you need to pay higher fees to make your transaction faster but it is still better than paypal because it doesn't support chargeback. |
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I stocked Bitcoin for both purposes, both for fun and for future purposes. But mostly for the future purposes. I have a family and I have set up many plans for the future for my family so my accumulation of Bitcoin is due to those plans. I sometimes accumulate Bitcoin as a way to invest. I collect a lot of Bitcoins and wait for its price to rise, then I will sell and earn a small profit. People should also stock Bitcoins in their wallets because there are many cases where they need to be used
well we need to first think about future purposes, so i always save my bitcoin for future purposes because i have many plans for future investment and for these investment i will need large amount of money so save my bitcoin for that plans.and whenever i have some extra money i use it for fun. Great balance, I usually save bitcoin for my future because i do believe that bitcoin will have a great future too and also its price will be more expensive than now and that is what i'm waiting for, i do saving as much as i can and keep it for long term and wait for the price to reach at least $2,000 and i will sell the 1/4 of my bitcoins and keep waiting again but i don't keep my self stressed so i play a little bit gambling to make me feel relax from this stressful industry. |
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http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months. The world just isn't going to be the same and we have been blessed as the pioneers. What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop? Definitely,we are blessed enough to be the pioneers in bitcoin adoption.We as early birds would reap the utmost benefits of bitcoin when its price goes more high.I have a dream of joining 21 BTC group.So that i could enjoy a retired happy life after that. Early birds will experience early retirement because of their good early effort from accepting and doing an investment with bitcoin. I'm not one of the wealthy elite, who invest in bitcoin in the early stage of this great journey. I start at the year of 2016 and i'm still hoping for the best to come for me and earn at least $2,000 per year. |
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If i am satoshi nakamoto then i will join the hype now and i will introduced my real name and myself into the public and help Japan to be successful in adopting the bitcoin into their country and if it's successful then i will keep helping and spreading the good benefits of bitcoin so other countries will also adopt bitcoin as their another money.
Helping japan ? Why are you helping japan to be successful if that country is already successful. Why don't you help the other country to be successful instead in japan. And if i were satoshi i will be staying secret because it's hard to be known by many people because you might be killed because of your billions of money. What i'm saying is, I will help Japan to be successful in their bitcoin adoption. We know that Japan is just getting started in fully accepting bitcoin to their country and a lot of stores are now starting to also do that. If i were satoshi nakamoto i will guide the Japanese to use bitcoin properly and how can they contribute to our community to make bitcoin better from their country. |
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I think you don't to do anything to the people who don't like bitcoin. Just leave them and let them think what they want because soon i believe they will like bitcoin if they see something big on it.
i think we do not need to leave them because they just need some information about bitcoin and their dislike are due to their unawareness, we need to show them how to earn with bitcoin because they just think that the person is deceiving me. we have to inform them with all the benefits of bitcoin then i think they would like it. Of course, they don't like bitcoin because they didn't understand how bitcoin works and the only thing we can do to clear their confusions about bitcoin is to educate them and teach them how bitcoin works and why they don't need to hate bitcoin and just love and accept bitcoin to their life. It is very easy to explain bitcoin and after a few hours they will like bitcoin like we do. |
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Cannot, the bank is the official institution that full supported by the Government's, all done through the bank such as economic policy. bitcoin can't possibly eliminate and make the bank disappear even though used en masse.
That is the main reason why bitcoin can't make the banks disappear because banks are supported by the government and the government is one of the most powerful in the world who can manipulate and dictate something or someone else. Bitcoin can't make banks disappear but it can be an additional option for the banks in accepting payments like what some of the banks already did. |
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Not an original topic, but there is a reason why it keeps coming up.
No matter how much we love BTC, confirmations take way too long!
<Insert standard response>
"Transactions are instant, and full confirmation is usually done in under 1 hour... both of which are better than credit cards."
<Reality check>
Merchants complete your sale 'almost instantly' with credit cards, and sometimes make you wait almost an hour when paying with BTC, which really does not work well in the real world.... better point of sale options are needed ASAP.
Yes it happens nowadays transaction fee getting higher and the transaction time getting longer. Hopefully it will be change and may the odds be ever in our favor. It can be changed if the number of miners will be more because as of now the network can't handle too much transaction because of the increasing growth of users so we need more miners to sustain the required needs of the network. If bitcoin will have more miners then the fees will be cheaper and we don't need to worry about expensive fees. |
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I used to buy a coffee from time to time with bitcoin.
But I can't use bitcoin buying a coffee now, because the fee is so high, if I keep 0.0001 fee like before, it would take days for the transaction to get confirmed, I've got a transaction which took 11 days to get the 1st confirmation last month.
It's not cost-effective any more to buy (I mean both online and buying face to face) thing via bitcoin. And this is why I quit buy coffee with bitcoin.
this is the common problem bitcoiners is facing now, it needs time before the confirmation. my advise is maybe you can add more and make your fee a little bit higher compared to what you have used to. this is the best and easy solution we can do. Yes, add more fees for your transaction to be able to have a faster confirmation because most of the days now the confirmation takes longer because of the growth of the volume of the bitcoin users and the network can't manage to handle that without the help of the miners. If you pay more fees then you will be on the top priority of the miners and you will be able to transfer your bitcoin successfully in a short period of time. |
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Is because the name "Bitcoin" is the best name for a crypto-currency.
No other name will be as good.
because of the name? i think no, the reason why bitcoin #1 altcoin is because easy to use, no hassle, no verification required for transactions, and the popular for payment method like gpt site, gambling site and etc. One thing I want to make it clear that bitcoin is not an altcoin and bitcoin holds its own identity and altcoins are small babies of bitcoin and when it comes to digital currency bitcoin is the best as it holds multiple features which you will never see with any other altcoin or fiat currency. There is a sense on what he have said, as what CoinThinker said Bitcoin is an identity in which made it successful. If you ask one person if they know Bitcoin and Ethereum chances are they might only know what Bitcoin is and they would think Ethereum as some kind of rare earth metal. An Identity just like any other corporations is well valued by its owners that is why they register it as a Trade Mark so that they can protects its name (eg. Windows, Apple). In Bitcoin they have started the waves of new Altcoin there won't even be any "Alternative Coin" if there is no Bitcoin from the start. Bitcoin is not even the best Cryptocurrency now as there is new and new Altcoins everyday who gives better technology but too bad Bitcoin's advantage is that it is the most popular Cryptocurrency out there. ah ok i understand a word alternative coins sounds like alternative money to me a money from internet, I am new in bitcoin world. thanks for clearing. I also still new in the world, the most important is bitcoin we often ask about all things about bitcoin here. I think, the number # 1 bitcoin is a multi function such as Bill payment, online purchases, and long term investment. There is a lot of altcoins that can do that also like paying the bills online and paying your online purchases with an altcoin but the only thing that altcoins can't do is the long term investment, yes, we know that other altcoin is good for long term investment but they can't surpass bitcoin for that because just look at the price history of the bitcoin using candlestick chart and you will see a big jump from low price to a high price like this. |
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This is the reason why people are keep coming for bitcoin because of this kind of growth, in the past few years bitcoin was nothing and a lot of people are ignoring it but there are few people that saw this as an opportunity for them and grab it by investing and also mining and now bitcoin is a multi-billion industry and this is the proof that bitcoin is keep on growing and reaching even more growth for this incoming few years. |
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I think that at this time it is difficult to invest safely to make a profit. Be careful with HYIP projects, Ponzi, because it's so dangerous, it can cost you all the money you have. To earn Bitcoin and get the profit from us think you should join the business and trade some kind of altcoin, of course you will have to learn to have experience doing those things. If you know business it can help you make a lot of money. You can also join the signature campaign in the forum to earn more Bitcoin  There are more investment like casino sites. Most of the newbies in bitcoin are investing in HYIP because they think this is the fastest way to make money they are not aware that HYIP is s scam Investing in casino bankrolls are a lot of safer than HYIPs because they are just a site for temporary or short term and not for long term like casino, most of the signs of hypes, they are offering big returns in a short period of time unlike in casinos that they are offering an average return per year and not short term because they are more like secured and stable business rather than HYIP. |
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I don't think that bitcoin will be ever replaced by any other crypto currency as I don't see any competition to bitcoin at a moment and even in future bitcoin will keep on updating itself with the demand of people so its hard for any crypto to replace bitcoins.
For currently yes, but I'm sure someday there will be another coin that replaced the bitcoin. The main power of bitcoin is the first and most popular, most users, and supported other developers. But a big issue like taxes, illegal transactions, and the number of confirmation if not resolved then the user will run out. Those illegal transactions are cannot be solved in bitcoin because of the anonymity feature of bitcoin and that is why the criminals are using and abusing bitcoin but we can't avoid that because even in our fiat money that is happening and there still a lot of criminals that using fiat to do illegal transactions. Those big issues that you stated can be solved in just a few months of development for bitcoin but those illegal transactions are exempted. |
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stout already that I get from the bitcoin, including computers, smartphones, besides there is also a complete item from the bitcoin, such as payment of credit bills, school fees of my brother, rent and many others.
the result is that you have got?
If you are trying to say that what the results or the items that we've got in using bitcoin as a source of income then i can say that i also buy 2 or more smartphones and a laptop and i already financial independent just because i use bitcoin and grab this opportunity to earn money with it. Now i'm just saving my bitcoins and waiting for another pump price this year. I'm still hoping for the best. |
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I think as long as you don't exchange them into fiat ,you can't to pay taxes,but if you have to exchange them into fiat,then you have to pay taxes because the gov know your money!
this depend it's controversial, some government may track you bitcoin address to see if you are going to use them to purchase soemthing and avoid paying taxes they can do this if you use some known exchange which have link with are controlled by your government, but anyway i doubt you can live 100% on bitcoin, and try this way to avoid taxes, not feasible for now I think government does not have any rights for us bitcoin users to pay their taxes just because we are doing or buying some stuffs online with bitcoin, as long as it is legal then there is nothing to worry about, buy the things that you want online and don't worry for the taxes because bitcoin is tax free and it is decentralized so the government will not touch your bitcoin money. |
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More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.
Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example of this is Apple Pay. Bitcoin smartphone wallet apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.
I would agree. But not just smartphones, but phones in general. People, are able to use even non-smartphones in rural areas because they don't have internet access. They can send a text message to a service that allows them to do bitcoin transactions without internet access, and then the service provider sends the bitcoin for them. Phones are just so much more portable now than laptops or PCs. Even the people in rural places are having a successful growth and most of the rural places here in our country (for example) aree having an internet access and they can afford more than their past lifestyle. I think this is a good sign that they also use bitcoin even they are in the rural places. They just need internet access which they have an average smartphone to be able to do transactions. |
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The future of bitcoin looks yeilded a positive results because of its massive adoption and growth responsive quickly. As we can observe even its price dump it suddenly pump. So I beleive bitcoin has really a good future ahead.
Bitcoin has always made a surprise for his fans, and now is rumored to be immediately activated SegWit against bitcoin, that's amazing news for us. Because certain the prices Bitcoin will rise rapidly in the future. That is the always path for bitcoin especially on its price, it is always going up because of the good things that are happening in bitcoin like the adoptions and a lot of good improvements for its service and because of that investors sees that as an opportunity to have a great amount of profit in the near few years for bitcoin just by holding their stocks. |
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Russia is going to recognize bitcoin,so is it a potential and big market?How can I know more about Russia's market?
Russia already recognized bitcoin and they are planning to accept bitcoin and based on the other thread that i read, they want to monitor every transaction. The bitcoin market that will be created in Russia will have a great potential and it will be a big market because just imagine how russians love digital stuffs and they are one of the country that has an advanced system so i think russians will love bitcoin and it will become a big deal for them. |
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