With the way Bitcoin is behaving now which is always climbing upward, I am sure many people are getting their wallets fattened. In 2017, many experts are predicting that Bitcoin would be having its own banner year and so we expect the value of Bitcoin to be on the upswing. It is really the best time to get involved with Bitcoin as the international markets are getting curious with this number one cryptocurrency.
Yes, thats why so many new people come to use bitcoin. Bitcoin is not only use as currency but is also such as good investment too. Probably bitcoin price will rise up to three times or even more in this year. I think it is better to keep earn bitcoin so we will getting rich soon. |
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Children of Bitcoins can be told only in the form of a game. But they will not be interested in the details of Bitcoin. They just need to know that there is a form of money
i agree with since children like to play a game so they will be understand with what we teach to them. beside that, i think its good idea to teach our kid to learn about bitcoin so if they grow they know that bitcoin is the other way to make money online. It is depend on how old the children kids is. I think kids aged 10 years above is pretty smart to understand how to use bitcoin. They do not need to understand how bitcoins work, becouse even some mature people will not understand about it. Just give them some as pocket money, then they will find the way to use it. |
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i've been involve with bitcoin for about 3 years now and since then i saw some ups and downs in terms of price but i can say that downs are very minimal while ups is always and as per what happening now, i can say that it is really not that hard to reach the $1000 price before the first quarter of 2017 and $1500 before the year ends.
I really sure that the bitcoin price will reach more than $2000 USD in the end of 2017. The number of countries that regulate bitcoin is increase. Also people will frequently to use bitcoin in the future becouse it is really practicaly and profitable to use. |
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BTC will never be banned because when the time it is banned bitcoiners are aeger to find other way to continue what they've started to do.
I agree, even bitcoin is banned in some countries but the users still can use it. Government can not do anything. Bitcoin help so many people so why its have to be banned? All people have to accept bitcoin for their shake. We have to keep moving forward. |
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Philippines have the most users of bitcoin .
Or Chinese, read that lot of Philippines are using it. Some guy here wanted to open exchange there think that i read about it and that he was asking for advice. But no matter we have many new bitcoin friendly countries every day and hope trend continues in new year Yes I am sure that the trend will continues in new year. Even some countries are not really hate bitcoin, there is still a chance for bitcoin to being legal. Big country such USA and Japan will make other countries follow them to regulate bitcoin. |
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It seems like 20 years longer use bitcoin's getting massive, I believe more than 40% of the world population will be using bitcoin, for the price I expect around $25.000
Yes you are right, thats really possible, the price is close to reach $1000 now. So many counteries were accept bitcoin now, I guess its number will increase. When the world is completely use bitcoin I guess it will reach more than $50.000. I think bitcoin 20 years from now will more famous. |
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There is alot of sites to invest in some can not be trusted and some are fake/scams. Here is my list and most are btc and bankroll for casino. Mostly are bitcoin invest and some altcoins. P2P leding can do diffrent fiat to. Biggest risk is sites get hacked or run of with the funds. But many sites gives great return. I would not invest in a place that gives less then 10% because not worth the risk. Like bitfinex.com had like 3% return on lending out btc. That was the only reason i didnt have any bitcoin on bitfinex. So its not worth the risk. All on the list i have tried for longer time. Warning!!! If invest in casino its easy to get tempted into gamble, a few people just want invest and end up lose all gambling.
Works great and trust
Poloniex.com - lending out to traders
Just-dice.com - bankroll for casino
Bitdice.me - bankroll for casino
Moneypot.com - wallet/bankroll for casino
Safedice.com - bankroll for casino
Crypto-games.net - bankroll for casino
Satoshidice.com - bankroll for casino (Not have 2fa)
Bitvest.io - bankroll for casino
Not trust or like
Betking.io - owner fund bankroll himself ( 1 december 2016)
Magnr.com - lending to traders for 1.28% yearly (to low to be worth it)
Btcjam.com - p2p lending
Bitbond.com - p2p lending
Diggit.io - minesweeper bankroll
Bitfinex.com - lending out to traders
P2p lending and didnt work that great. So many not pay so you get around even.
Diggit.io offline much , takes forever withdraw, owner not interest much in run it.
Bitfinex.com got hacked and got to low interest rate.
Anyone have other sites to invest in? Or sites to stay away from?
Iam not a professional just a hobby investor. Will try answer all questions. And try answer logical and rational. All investing should not be done by emotions. Investing mostly not give huge returns, and need be patient. And my answer will be based on my experince investing.
Although only holding bitcoin is such as investment, but we can do better than this. I think trade bitcoin with altcoin is the best way to grow our bitcoin, its more fair than do gamble. But we still need to learn skill in demand. |
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Right now still USD is more popular in many countries because many countries are fully implemented with this USD but where as bitcoin is not completely implemented by many countries. But the price very high even though it will take lot of time to implement bitcoin.
I don't think that bitcoin has comparative with USD. Because of many reasons are here, but valid reason is that bitcoin is crypto and USD is fiat currency, bitcoin has only comparative with other crypto currencies. But if we talk about bitcoin vs USD than dollar always remain in our world, even bitcoin would be reached many progress. USA was regulate bitcoin as currency so I think its becouse they know that bitcoin has so many advantage. Bitcoin can help so many online business to be better, we are already knew that bitcoin transaction is the most easier and practicaly than paypal or bank transfer. Usd was decreased the value every time. I really sure that paper money will unuse anymore. |
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No doubts fiat will dominate for the coming 10-20 years (specially the big 4) but after that perhaps bitcoin , ALTs beside the other online payments gateway as well as paypal , moneybookers ,okpay .. etc will be the only type of payment available to use due to many reason safety and security be the first . time will tell .
Nope i don't think that this happen on that year fiat will never dominate paypal will never use or partnet with bitcoin because bitcoin is digital currency and paypal is company so theres an big chance that paypal will never accept bitcoin. I have different opinion, I really sure that people will leave fiat soon, becouse use fiat is not profitable. Fiat value is always decrease. So people have to leave fiat then choose bitcoin and gold becouse both are such as safe haven stuff. I didn't believe fiat anymore. |
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Bitcoin cannot replace fiat truly and I agree with OP. it can't replace fiat even if it is used mainly for transactions in the future because of the following reasons. First is that bitcoin will only be considered as an asset just like gold and silver. It will also be just used as a payment method like what credit card serves to be and finally, bitcoin cannot gain the government's trust since they won't want it because of it being decentralized, something they would not be able to control. That's why it won't replace fiat but it might be used as much as fiat in the future.
Sorry I dissagree with you, bitcoin is a currency not such thing as gold or silver, people in some country were borred to use fiat becouse government can print it anytime they wants, its make the value is decrease in every printing. People are suffer a financial lost but they don't know about that. So I pretty sure that bitcoin can replace fiat. |
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I answer this question yes bitcoin price really matter i always pursue my self to earn bitcoin everyday i am always energetic to earn bitcoin while i can to be honest this is blessed that bitcoin price is boosting itself to price of $900 dollars this day and continiously increasing miner and traders are happy right now for sure.
Yes, when the bitcoin price is really matter, becouse this is the reason for some people to buy bitcoin. I think bitcoin price is boosting it sellf becouse it was get enough mass adoption and effect of halving. |
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We are living in digital world so all crypto currencies will be prioritized use in next years.
And Bitcoin has been chosen as 1st digital currency. After many years of existing, Bitcoin has been accepted by many people in the world
and it is considered as central digital currency for swapping each other.
Bitcoin has no competition.
As pioneer, bitcoin will always hold the crown. Although there is strong altcoin called ETH. But so many people in the world and deep web which keep use it. I think there is still always competition. |
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Definitely, we need more than 1000 bitcoins to become rich and as you said millionaire within 5 years, But it depend on bitcoin price, if suddenly something wrong with bitcoin, I mean some bad incident would be happened with bitcoin, so definitely bitcoin price damage and it would be effect on bitcoin reputation and when reputation effect than its mean bitcoin down and down, and if we think good for bitcoin, than off course my best wishes always be with bitcoin.
You know, if bitcoin get mass adoption the price will rise, may be until 4500% becouse of so many people in the world wants bitcoin. So many unemploye people, the bad condition of public economy also the bad economy issue in europe and china is the big factor for people to use bitcoin. So I think if bitcoin get mass adoption, only 10 bitcoin is enough to be millionaire of fiat. |
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I have more than 1BTC thanks to signature campaign and i usually spend it on video games at steam.
P.S. i think the you should add vote choice "Refuse to answer".
I have no doubt about that sir. you are hero member, so its mean you are experiemced to earn bitcoin. I do not have 1 btc at this time, but I hope can get it in 2017. |
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Come show me at least one person who is not interested in the price of bitcoin? I am personally interested in the growth of not only the number of bitcoin in my purse, but also the growth of the prices on my currency.
I think no one can be show to you, I am personally interested in bitcoin price too, its normal. People will interested with some thing that gives them benefits. Price is the number one factor that attract people toward bitcoin. Bitcoin price was growth really high only in a few month |
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I don't see any. Maybe at the beginning needed some time and attention to learn in which way is used but for the rest none. Even the fact that is digital money is overcome from being used through the debit cards. So is the same like the other money. As for the fact that is not used widely this maybe come from the fact that is not official money.
Yeah I have the same thinking with you. I do not see any important disadvantage of bitcoin. Although the transaction time is litle bit long, but the transaction is world widely. Bitcoin transaction still faster than bank transfer that costly and difficult for transferring money in different bank. |
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Bitcoin transfer time is too long - can be up to one hour or more. In Blockchain wallet you can not transfer small BTC volumes, send transfer do not go through. Bitcoin privacy can be much better like in altcoins, for example, Monero.
Bitcoin transfer doesn't take that much time as quoted. Based upon the network, the variation in the time of confirmation takes place. Once on transferring bitcoin, soon the send bitcoin comes under the notification of unconfirmed transactions, which itself serves as a confirmation. But if bitcoin get huge much adoption the transaction can be slower. The transaction is really competitive who pay higher fees can comeplete the transaction faster. We need to wait atleast 10 minute, but it still faster than paper money transfer world widely. |
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some countries banded bitcoin because their governments are scared of bitcoin. its simple any government did not have any rules or power or restriction around bitcoin so they are simply ignoring it. i come to hear that my government will soon implent some taxation on bitcoin in my country so hopfully we need to pay some extra tax
You are right, government will lose control of their people money. Some people in china and yunani choose bitcoin to avoid government control. Bitcoin gives so many advantage to the customer but not for government. But I think government still can take the tax of bitcoin if people buy bitcoin in legal place. |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
Bitcoin is created to be currency. About buying drugs or any negatif things is depend on the users. But I think some people prefer bitcoin over fiat becouse of the price of fiat. If the price of fiat fall its become not worth so I think people choose bitcoin to safe their wealth. |
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The bitcoin is good and I think it has a good future but that does not means it can let banks disappear not gonna happen in my eyes.
I am sorry but I have different opinion with you, we use bank becouse we need to save our money in it, but if we have our own wallet it's mean we doesn't need it anymore. So many countries that start to accept bitcoin and it was become main stream. If bank do not begin to cooperate with bitcoin, I think they could be dissapear. |
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