according to blockchain.info charts, every day about 170 Million dollar to 350 million dollar is being moved around with bitcoin. the average of this amount is something around 200,000,000 USD per day. this is about 200,000 to 350,000 bitcoins daily. https://blockchain.info/charts/estimated-transaction-volume-usd (the past year)*  * This is only showing the total USD value of bitcoins that were transferred from one address to another in one day excluding change (coins returned to sender). Wow that is huge amount of bitcoins and money that are being transferred everyday and that is living proof that the bitcoin is getting much bigger and stronger day by day. If this will continue then there is no doubt that the other countries will start using bitcoin also and the stores in those countries will accept bitcoin and adopt it as an another type of payment system. |
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As of Feb 23, 2017
BTC: 1139$
XAU: 1242$
Bitcoin has been on a roll lately and is 9% away from overtaking gold.
Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?
What do you think ?
Exciting times !
I think gold price is a broken record, it was broken some hours ago and Bitcoin is now at its all time highest rate, this is unprecedented and we are all happy as a community to have attained this feet. Yes bitcoin already did. It already passes the gold price and that was a great achievement for us bitcoin supporters and also the bitcoin community. I hope that soon it will go even higher so we can make more profit in our investment. This type of achievement can surely help the price to rise even more because of the hype. Bitcoin to the moon!  . |
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One Bitcoin is now more expensive than a ounce of Gold! History people! Welcome to the future! Milestones in the making, We all have a part in shaping the future.
Yes that is true. Bitcoin officially surpasses the price of the Gold and i'm sure that is just the start of the price in moving up because that news can be a rocket fuel for our rocket(Bitcoin) to move up to the sky and go to the moon. Keep spreading positive things in bitcoin then just after a few weeks, we will reach 2000$. |
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You can do a lot with bitcoin, but its depends in your country
In my country some a place accepted bitcoin for the payment. You can use bitcoin for an investment, trading and buy a product via online shop.
This is true, I can buy almost anything that I want with bitcoin online, but in my country there is not much that I can do with it, since not many people know about bitcoin or have heard about it, I hope that with the recent price increase more people get aware of the existence of bitcoin and decide to offer their products and services in exchange of bitcoin. Bitcoin just need some promotion for their current users to make the people around them aware on what is going on in bitcoin. In my country also, Bitcoin is not that much popular and only few people got bitcoin and have knowledge about bitcoin but i think it is easy to solve that problem because now a days, Social medias are serving as a stepping stone for faster communication between other people and you. |
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In 1976 Ronald Wayne sold his 10% share in Apple computers for $800. If he had held his stake today it would be worth $60,000,000,000 (60 billion). This why i will never sell my Bitcoin for fiat, i'll keep it till i dont have to.  https://www.youtube.com/watch?v=bvWh8sh_wPYI hope i'm that person who bought 10% of the Apple and for sure i will not sell it in that time because i that kind of person who bought stocks and just let it sleep for years, So now i can be billionaire . Learning from other mistakes is the very affordable and very cheap way of learning something new because you don't need to waste your time in getting experience since there is some people who already tried it for you and you just base on their result and then avoid it and also do better than them. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
It would be far better to invest your money into Bitcoin than saving it. Investment in other stocks or fiats might be good but considering the potential of Bitcoin I wouldn't put my money anywhere apart from investing in Bitcoin. Well it would be a very good investment if you invest in btc though for me when it comes to safety of your investments, real estate would be better if you have the means to invest in one. I'd feel more secure in an investment that's tested already though time. Though again I'm not downlining the fact that having btc investment is a good, it's just that for me btc is still in an early stage right now and a lot of things can still happen If you were into bitcoin and real estate investment. I think this kind of idea can help you. Just invest in bitcoin first, if you can invest at least 50% of your money and then try to grow it by trading,investment and other kind of source of income then if you earn a good amount of money then you can buy a house or a small space of house that can generate passive income by doing renting. |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
Thats not true thay bitcoin can destroy the fiat we all know that since the bitcoin began theres an fiat currency where we can sell or exchange our coins into physical money that we need to expense everyday to live we need foods and other things in life Beating fiat by the bitcoin is impossible. How can bitcoin defeat the fiat if it doesn't have a lot of users or at least 50% of the population use bitcoin? If ever that happen then it will be an additional point for bitcoin to have at least 0.1% of beating fiat because fiat is so powerful and nothing can defeat it. Bitcoin is just another currency and also type of investment. |
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You dont need to sell everything only sell the amount you need. Because investing in bitcoin right now is the best way to do. Holding it for a long time maybe 3 years will give you huge profit that you didnt expected.
That is true. Don't sell everything and just keep hodling bitcoin because the price seems about to increase even more and that is the best for long term hodlers. Just sell the amount or worth of bitcoin that you need to pay your expenses and not all of them. Long term s always the best choice for serious earners and short term is just for rushers who don't appreciate the beauty of bitcoin. |
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Bitcoin price to increase because of the volume of money that also getting bigger and bigger and also provided by the investors. I think one of the reason why there is a lot of investor keep coming because of the good image of bitcoin now because of the good developments and also those good candle stick chart history.
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Yes i do believe in fiat .in my country , bitcoin is accepted now where other than cash .thats why i have to sell my earned bitcoins and get it in fiat .with that fiat , i do my day to day transactions.
Huh? I don't get it, You said bitcoin is accepted now in your country and it is bitcoin dominates cash, then why you need to sell your earned bitcoins? If i were you I will not sell my bitcoins because that is great opportunity to maximize the usage of bitcoin because it is being accepted in your country and you don't need to worry about having a lot of money in your pocket because all you need is cellphone and internet. |
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Well, I am having bitcoin rather than fiat cash because its easy to have transactions like paying bills online and fast transactions is made through the blockchain process. The anonymous identity is a very good way to manage your account as well as digital currency is more advantage than fiat cash spending. However fiat cash is very often used by most people but if these people were actually well oriented with bitcoin, I am confident that they will be interested to use btc also, for their mode of payment in the future.
Yes people will love bitcoin for using it as another currency because it is fast and much cheaper than the currency that we are using now which is fiat. We just need some promotion and some explanation for people that didn't know what is bitcoin then after some orientation then they will understand how this thing works (BTC) and they get into bitcoin which can help our community to grow even bigger and help the price to pump more. |
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I am so sure that the price of bitcoin is so important. especially at a time like this. ie times when the price of bitcoin becomes higher. I think people began to buy and hold bitcoin they have to get the right moment to sell bitcoin, bitcoin when the price reaches a high price in accordance with their purpose.
You are right, the price of bitcoin does matter and it is one of the major reasons why many investors are attracted into bitcoin. The price of bitcoin with its increasing flow of movement is a charm that bitcoin have and by the end of this year 2017 we will enjoy bitcoin at 3k dollars per coin in value. The higher the value of bitcoin the more it becomes attractive and more users will be tempted to use and buy bitcoins. Yeah that is true. Bitcoin price always matter because that is one of the sign if a coin is good to invest or not. Many investors or traders or even just normal users depend on the price of a coin, if they see that the price is so high and it is doing well in the market then they will buy it but if it is not and the price is falling then they will just ignore it. That is how price affect the demand of the people. |
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This is true and it is very annoying for me because back in the old days, Small fees or cheap fees doesn't affect the speed of transaction and it just takes a few minutes before bitcoin fully received in your account. I hope someday we can back in that experience where bitcoin fees are just very cheap and also fast.
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This year (2017) will be the best year for bitcoin because the price will is continuing in rising even more and i believe that it will reach 2,000$ this year and that is the best for me. This year also comes with more new users because of the effect of the price of bitcoin and more adoption will happen in small to big countries because of the hypes. So i think this year will be more on positive rather than negative.
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If satoshi will reveals himself then it will be a good one for bitcoin because people will be more comfortable in bitcoin because they will know who is behind to this bitcoin and investors will be feel safer than before because there is transparency on their investment. A lot of good things might happen and it might affect the price also.
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I experience hard time in bitcoin when i was just getting started because literally, i have no idea how i can earn a lot of bitcoin and in the fist few weeks i been through in faucet sites and i was earning decent amount of satoshi for me in that time because i was getting started and 100k satoshi is a huge amount for me in that time  . |
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Bitcoin circulate into users because of the markets that are available online. If a person buy bitcoin then he will go to a market then put deposits then he can buy now bitcoin and that is the same in selling bitcoin he also needed to deposit his bitcoins in a certain trading or exchanger site. Markets are the one who serves as a bridge to help the circulation to continue if people will not go to market then the circulation will stop and the market will be doomed and the prices will be dump hard.
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Of course yes, Governments should allow people in their country to pay their taxes in Bitcoin (BTC) because it is more practical than the tradition because we know that bitcoin is only in the internet so it can save time in paying taxes because it can be done anywhere because we just need an internet and device to use our bitcoin and pay our taxes.
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There are many ways you can do or use your bitcoin like buying things online or in a physical store (If the stores on your location accepts bitcoin) you can also use your bitcoin as a money in investing in different online sites and also you can use it as a payment because most of the online sites like porn sites accepts bitcoin now.
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I am a newbie and can't join the company to collect signatures, but I think it is the best way to earn bitcoins. I've never heard of that somewhere had a similar opportunity. God grant prosperity to such forums and companies.
I got the same problem. But if you are interesting in earning bitcoin you can try altcoin trading. But make sure to understand the risk of that too. Newbies can try signature campaigns but it almost like faucet sites because it only gives small amounts of satoshi so it is best to rank up your account first up to full member then you can start finding good and stable signature campaigns with fair - high rate of salary. Altcoin trading is also good option for newbies because you can easily earn money there because there is a lot of coins to choose and also they are cheaper than bitcoin to play. |
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