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I don't receive bitcoin accidentally or randomly because that is seems impossible for me because how can a person send bitcoin randomly without having any issues, I mean the address or bitcoin addresses are so different and unique and just a small space or wrong character that has been changed in the bitcoin address will be invalid and that is why it is impossible to received bitcoin randomly.
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I convert bitcoin into usd or in the currency that we have in our country by selling it on localbitcoins because it is very reliable and easy to use but if i received a text from a buyer that he wants bitcoin, i dot it offline by doing meetups and transferring the bitcoin after i received the complete full payment of fiat. I do selling bitcoins or converting it vice versa regularly because i just got started a small exchanger business.
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People should use bitcoins because its a future of money and it will reach to that level where we cannot imagine so if you are into bitcoin at this stage then you should consider yourself very lucky as not many people are aware about it at a moment and when it will become more popular in future you would be already holding a great amount of bitcoins.
We're so lucky because we already grabbed this opportunity to secure our future by using this cryptocurrency, even though we don't have that huge amounts of bitcoin in our wallets it is not too late to get a bunch of bitcoins because it is still cheap and we can easily buy a lot of them and keep them for long term purposes because one day bitcoin will be spread in the different countries. |
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I dont have 1BTC in my wallet but one thing is for sure I earn here that can sustain my daily needs. By doing some simple tasks here I can say atleast Im earning though is not upto 1BTC. I do trades in an altcoin so far I cant earn easily it takes a lot of time and effort before I reach to 1BTC.
Just keep on working mate and one day you will surely have 1 btc in your wallet as we have opportunity to earn more money here and if we keep on earning in multiple ways then it won't take that long to have 1 btc in our wallet in future. Yes hard work will be your best friend in our journey so you always need it everyday so you can achieve what you want in the end of your journey. No one will surely owns 1 bitcoin without working for it because there is no easy in life and everything should be get using work hard. Keep studying and exploring to the possible ways of earning bitcoin so you can achieve it in short period of time. |
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I don't agree with him that bitcoin is overvalued in terms of price because we can't get to this price point if there is no real support from the users or investors of bitcoin. Bitcoin is a controlled free currency and its price is always depending in the market so there is no proof that bitcoin is really overvalued.
If bitcoin is overvalued then there is a lot of bitcoin users, holders and investors are doing panic selling because the price is not stable when overvalued. So i highly believed that bitcoin is not overvalued and it deserves what its current price now.
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I guess Russian bitcoiner will avoid using legal Russia exchanger, centralized wallet, service that require personal identity and they will use mixer to prevent government from tracking them  Even so, it's good to see another big country legalize bitcoin rather than ban bitcoin even with regulation/no anonymity. They will not avoid using legal Russian exchangers or even those centralized wallet because if they do then they are using bitcoin illegal because you can see that the main thing that the government of russia want is to track every transaction and also monitor the users so they can prevent being abused of the criminals and because of that, bitcoin will be more organized in their country. |
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Smaller fees then it is equal to longer transactions or confirmation time. There is no proof that small fees makes the transaction faster because it will just make the transaction less priority for the miners because the miners always confirm those who have big fees on their transactions. So i don't think this title of the topic is true. Be realistic.
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Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
Trading is definitely the best way to earn Bitcoin. However, if for some reason you can't trade, then you should post on this forum for a signature campaign. That is another good way to earn some Bitcoin. You could also try doing some freelancing jobs such as writing articles or building something. If you have quite a bit of Bitcoin, then trading is definitely the best option. The other methods just don't earn you anywhere near what you would if you traded well. Trading also involves the risk of loosing money and it cannot be helpful for everyone as not all are experts in trading so a person who is looking for fixed and stable income in bitcoins can start earning it from signature campaign as he will get paid fixed amount of bitcoins on weekly intervals. Signature campaigns are very common and they are stable and almost pays in weekly but trading is still better than that because you just need to spend a few hours of your day then you will earn money more than from the signature campaign earnings but the main problem in trading is, it's risky and it needs a lot of time and patience to be a good trader and earn money easily but it is still worth it. |
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what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I don't think that is possible to happen to make the internet paralyzed or shutdown because that is impossible because a lot of people support the internet as well as bitcoin. If that scenario happen then the only solution i think is the use of paper wallet like the fiat? how? We will just deposit a fixed bitcoin amount into the paper wallets and because it is offline and physical, we can use it and make it as an exchange to the item that we want and the receiver just need to wait for the internet to be fixed and exchange it into fiat money. |
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It is not true that you can't use bitcoin to buy a coffee now because I am sure that there is a lot of stores that accepts bitcoin as their payment option and also the coffee shops in different places. In fact, in our place near in the mall there is a small coffee shop and a restaurant that accept bitcoin and that is very good for me because if i don't have money when i'm starving then i just go to that place and buy some food and eat it and pay them with bitcoins.
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Yes smartphone is one of the reason why bitcoin is keep growing because of its being good to go, you just need internet connection and bitcoin wallet then you can execute different transactions online or offline. More and more people are now using smartphone and that is why bitcoin is keep on growing faster than before because the technology is being the center of attraction in our era.
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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?
Bitcoin can definitely be used in daily life. You can even use a Bitcoin debit card if you really want. The time to acknowledge transactions is something that we all know, so there is always a way to overcome such things, when we use bitcoin for everyday life, for sure. There will be a device capable of processing the deals immediately, I suppose the bitcoin payment cards are a good idea. If the bitcoin is really used in the life of your country, processing time is not a concern Bitcoin payment cards are a crutch Personally, I have nothing against them, though I don't use them myself and some folks may oppose them as sort of Bitcoin centralization. They are a crutch because Bitcoin payments can and should be made instant on their own without involving centralized entities like web wallets or whoever chooses to issue these cards. Other than that, spending bitcoins where you could easily spend "bad" money (i.e. fiat) is a big no-no for me. It's like paying with gold coin for buying just a box of matches But bitcoin is a virtual money that is why centralized entities like web wallets is needed. So, if we could use it like the way how fiat works, then what is the difference between the two? The value? Yeah I guess, bitcoin would be still superior against fiat, but the anonymity of it will vanish if we could use it like fiat, don't you think. That is why we do need this web wallets in order to maintain the advantages that bitcoin have, because it was made to be that for lifetime, and changing it would might result something bad. It doesn't mean that if you use bitcoin just like fiats and use it in daily basis it will not vanish its anonymity because your personal informations are still safe because in creating transaction with bitcoin, it doesn't require your name or any other personal information that might put you in risk. So if you want to use bitcoin as a fiat on a daily basis then it is still okay because you are still safe  . |
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Bitcoin can't lead to corruption because it is decentralized and even the government can't control bitcoin so i don't think there is a possibility for bitcoin to be controlled by any person in the world so it is very clear to us that bitcoin will not lead to corruption and to be honest, bitcoin will be one of the solution for that problem (corruption).
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bitcoin is based on the supply and demand so when in terms of dying of coin that is based in that, Bitcoin will die if no one will ever use it or all of the people are sell their bitcoin which is impossible so Bitcoin will be dead by that and I think that is impossible because bitcoin has many rather millions of users.
Bitcoin can't die that easily just because of the low demand or even the no demand in the market because just think that the bitcoin is very cheap back in the day and it almost got 0 demand but it is still not die and it goes up very high. Bitcoin has a lot of users and those users will not allow for bitcoin to be dead because as much as they can they will support bitcoin until it becomes stable and the strongest among its competitors. |
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I don't think another cryptocurrency can replace bitcoin in years a head even bitcoin itself is gaining global recognition gradually how much more a new cryptocurrency coming to replace bitcoin absolutely it is not possible, there are some third world countries that had little or no information about bitcoins.
You are expecting too much about bitcoin and you think that bitcoin will stay here in the world forever. Bitcoin is limited and there is a lot of coins out there that has a potential for bitcoin to be replace and we should accept that. In fact, the reason why the altcoins are not overtaking bitcoin is because bitcoin is still good and profitable so they are not leaving bitcoin but once the bitcoin become not profitable or let say worthless then you will see how bitcoin will be replaced by another coin. |
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Bankers may disappear and the banks,but the world banking will never ever disappear.Bitcoins has no match in banks in this days and even in the future.Banks are runned by government.There are still lot of things bitcoins must have pass to make banks disappear.Or bitcoins and banks may work together
if that possible maybe its much better if banks will embrace the idea of bitcoin so the fee for their system would be lesser, if all people all around the globe will agree with this system(bitcoin) its very helpful with fast and lesser cost just needed to be more secured. Some banks already did. The banks in Japan and the biggest bank in the Philippines, Central bank of the Philippines is now accepting bitcoin as a payment on every transaction that their costumers will going to make, and this is the great start of bitcoin, and there is a possibility that all the banks all around the world will accept it. And all the people all around the world will use it, and it will become a currency that we are all dreaming. I agree with you. Most of the biggest banks in selected asian countries are accepting bitcoin as another type of payments to their business and there is no doubt that if bitcoin will even further on its good developments then it will be accepted by other foreign banks in the world. Let just hope for the best and keep supporting bitcoin until bitcoin pays off and make us rich  . |
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I think even Russia wants to track every transaction it is still alright for bitcoin because it is another type of adoption and it is also safe for bitcoin users because they will prevent illegal transactions that may damage the reputation of Russia. This is what other countries must do if they are afraid of the anonymous feature of bitcoin but still want to embrace it.
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You donated 10 BTC!
Yes i did. Unfortunately they were not spent very efficiently : ) Anyways, it wasn't a big deal back then. I believed (and still believe) that currency circulating is important. In my view being only a HODLER doesn't make you a true Bitcoiner. o my god. you are really donated  How was it those times? Was it bitcoin trading? It was not that big amount in those days. I remember donating like 4-5 Bitcoins to my friends who wanted to start trading and taught them basic things. Now I just tease them to give them back.  Looking at the survey we can say that there are equal number of users here who dont have 1 BTC and those who have less. Thats pretty sad to see as users should save them for future. It is not their fault if they do not save bitcoin for their future because i think they didn't realize it until now on why saving or securing the future is one of the things we should do. I admit that until now i just only have lesser amount than 1 bitcoin because i just cashed out my bitcoins because my family needs it but i will save bitcoins again so i don't need to worry about my future. |
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I think at this time, paypal is still not official institutions that have many branches in different countries, maybe 10 more years of bitcoin will beat paypal.
i think bitcoin is already an official institution and its service is already present in all over the world. therefore bitcoin can easily overcome paypal. Thats how Linux users could say about their OS. Thats its fairly superior to Windows. Its more diverse, more secure etc etc. Yes bitcoin is the Linux and the Paypal is the buggy bluescreened Windows. But there is a reason why the Paypal and Windows is the no. 1. Its the corporate consensus that all of the softwares or in case of the paypal, buisnesses, operates using Paypal/Windows and not Bitcoin/Linux. Money talks and those who have a more money and power dictates the "free market". In my opinion, the reason why paypal or windows is still on the no. 1 over bitcoin and linux because they are earlier to be launched rather than bitcoin or linux but even though they are the first system to be released there is still a chance for bitcoin or linux to dominate the market soon if they just continue the good things that they have been working for a lot of years. |
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I see many digital currencies now are good to invest in. I want to invest in TAAS ICO and have a bit of btc invested in JANUS TOKEN who are doing real business in the non btc altoin world so that's the horse I am betting on.
I agree with you because many website or coin bump and dump some are just a scammers trying to persuade those new comers with their glittering words and value, invest coins that you can afford to lose on, risk is always there, if you chose the right one profit will be your but if not sorry you lose. That is how life goes here. Well, nowadays there are also a lot of ICO's that are getting the attention of the investors, actually it's very profitable if you will do a good research before you pull the trigger. Some of the ongoing ICO now that is promising are, Humaniq and Taas, they both gathered a good amount of investment already. I agree with you.. There is a lot of ICO projects now and they are almost good but even though they are almost good, there still a few ICO projects that need to stand out and dominate the market, to be able to invest in those ICO projects, you need to analyze their promotion paper and read all the information available and also make a research to verify if the team are legit or not. |
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