I don't think bitcoin can make bank disappear because in my country i exchange bitcoin for my country currency which is transferred into my Bank
As of today that is very impossible at all that bitcoin is going to make the banks disappear because the government is not going to allow it. And bank is playing a big role in an economy of a country, of course they will not going to let it happen. But we don't know what is going to happen because of technology. Even technology would involved its impossible that bitcoin could disappear banks in future. As you said banks play a big role of an economy of a country. Bitcoin is only a cryptocurrency even though it would become popular into future but only in digital world. Our online wallet or hardware wallet serves as banks in our precious bitcoin. Exactly why banks are getting worried. The future of the bulk of transactions happening will be in the digital world. If banks won't evolve and improve expect unregulated cryptocurrencies to be a major force in online payments. Bitcoin is already showing us it is possible. The Bank will continue to grow and develop properly obeying the development era. Banks are also required people to save and transact so that banks will not disappear. Although bitcoin will develop it seems to me merely for profit instead of saving money. Because tempan save the most money safe in the bank. |
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None of those.I get my bitcoins normally by signature campaigns or by providing my services.All those things that you mentioned are waste of time as well as money.Many one here get their bitcoins only by signature campaigns.
I also get my bitcoins from signature campaign, but as it is not that much money so I also try to complete some other online tasks in order to increase my income so with that I get a good profit per month and is enough to live with. I also get bitcoin on the signature campaign because it was very easy way and with a good income. But sometimes I also follow the trade to profit again so they can get more bitcoin. |
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I think the bitcoin have great future because it's noticed that it's growing up daily and many marketplaces start to use it as payment processor, and also its price still increasing likely as its usability. I would really like to see Bitcoin wallets being linked to a paypal account. If that could ever happen, that would just globalise the bitcoin currency.
Each crypto has a good future as bitcoin. If updated continuously and can follow the development will definitely have a good future. Bitcoin has many conveniences that make people become interested in bitcoin. |
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I hope it is not possible to banks disappear because of bitcoin, people have strong stable transaction in banks than bitcoin . they still needing the banking services to even purchase and trade the Bitcoins online, i hope both banks and bitcoins are required for people to increase their financial credibility.
Bitcoin really can not make the banks disappear because it is highly unlikely. Banks still have a very important role for everyone. I think bitcoin used to benefit while the bank to save money securely. Bitcoin and usefulness of each bank. |
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my plan is to invest as much money as i can into bitcoin by buying it as long as the price is low and i can afford to buy more. also i am planning on accumulating more bitcoin through investments, trading and other jobs so in the near future when the price went up sell some of it for profit and spend bitcoin wherever it was possible.
What if the price din change at all or the price just decline i bet you have a secondary plan for this. Anyway it is much better if you roll your bitcoin to create more Bitcoin. So investing it to profit generating businesses is much better in my opinion. One of those is by setting up online or local store that accept bitcoin. The decision of using bitcoin is much favorable for the success of bitcoin, I am seeing a lot of people who have planned that they will collect a lot of bitcoins and whenever the price increase they will sell all of them, which is wrong as with that we can face a big crash if everyone sell their coins. People are buying and collecting coins to earn profits from it and if they sell when price goes higher then I don't think there is anything wrong in it as bitcoin is a a form to make money and everyone should make best use of it. Bitcoin buy and sell when prices are high it was the same play the stock. We can benefit by holding and selling bitcoin when prices are high. If they have capital advantages will be better. I think trading is a good way to plan to go for your way to become rich with bitcoin. It is effortless and you are just going to depend on the fluctuation of bitcoins and as well as the alt coins price that you are going to buy. Many people are rich already because of trading. True we can get rich by trading. We can take advantage of the fluctuations of bitcoin so that we can make a profit by selling bitcoin when prices are high. Moreover, if we have a large capital to trade, the benefits are also great. |
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We will see it this year for sure even over 1000
But all place high on end of this year
We're getting close and the chance that we will meet $800 is so high, I'm thinking for specific month maybe it will be October as I believe people will invest for them to spend the profit on December. Yes it possible to reach $ 800 will require process and will probably happen at the end of this year or maybe early next year. It was very difficult to predict because bitcoin is fluctuating every time. But I believe it will reach it later. |
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I choose bitcoin wallet just for doing transaction online so the payment can be fast, but still all of my money is in the hands of bank.
I don't know it is a good or bad but I don't have fiat money. I only have bitcoins my all work's payments are in bitcoin. so My whole money in bitcoins. but I also know important of banks. I know one day I'll change all my bitcoins to fiat and store them into bank account. Yes maybe it does not matter if many who accept bitcoin your area, it will makes it easy to use. If I had better have a bank and bitcoin wallet because both are very important. I can benefit with bitcoin and I could save money in the bank. bank and bitcoin wallet have their respective roles. |
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I use bitcoin to make an investment to buy at bargain prices to sell at high prices
i use bitcoins like investment too and i think that the price is going to go up a lot, in my opinion we will make some good money really easily after a few years Yeah bitcoin is best as an investment tool at a moment, majority of people are investing their money in it to earn higher profits in future and that is the right thing to do. Yes absolutely we can invest by buying bitcoin and then hold it until the price becomes high. That could make some gains, but we have to monitor the price of bitcoin in order to find the right time to sell when prices are high bitcoin. |
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Have you guys ever used bitcoins like a payment method?
How hard it is to explain to someone what's bitcoin?
In your country there are many stores where you can use the bitcoins?
Do your friends related to bitcoin? Do they know what exactly is a bitcoin?
i do use it as a payment method, and using it on a store is quite troublesome somtimes even of the store is accepting bitcoin but when the cashier is not familiar with it ill have to explain it and somtimes call for the manager to finish my transaction and the store that are accepting bitcoins are few and mostly the ones that are accepting are electric,water,internet companies you cant use bitcoin as a daily payment in our country yet. Yes indeed in their daily lives is still very difficult to use bitcoin because there are still many who have not adopted, it might be reasonable because bitcoin is still new. If we want to use as possible by exchanging to the currency to be used. |
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Bitcoin has got the increased potential to grow higher than the banking, but in reality more people were known to the negative side of the bitcoin. This keeps more to stay away from bitcoin and move towards bank's.
Yes the only fact banks are surviving is only because people are not aware about bitcoin yet once they start knowing what bitcoin is they will definitely switch to bitcoin. Not even when a lot of people who know bitcoin people will remain at the bank. Because the bank will continue to be updated and can follow the development of time so it will not lose in the competition. Very unlikely bitcoin could make banks disappear, because the reality is at the moment a lot of people using bitcoin also use a bank like me. |
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yes of course bitcoin rise up its price to $800 in this year and it will be a surprise to bitcoin users because bitcoin too much faster rise its price.
Bitcoin will reach $ 800 this year or next year, I'm sure of it. Bitcoin will continue to fluctuate so that the price increase will entail a process. But I believe bitcoin will reach $ 800 and will continue to rise above it. |
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yes I am buying bitcoin. because its price will increase in near future, I hope it will give me a good income in future.
So you are buying for holding, and it is very reliable and most of the people here are doing it that way. And as you are going to hold a lot of bitcoins today for sure you are going to harvest it when the price increases. Yes most people buy bitcoin to capital in order to multiply profits. As withstand high bitcoin until prices rise or is likely to trade in order to get a lot of bitcoin. To be sure people buy bitcoin aims to earn more profits with the capital they have. |
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Let's be in reality here. Bitcoin will not make banks go away. Not soon anyway. But banks will have to evolve if it doesn't want to go away. More and more cryptocurrency platforms are being invented today and some of them may be the go to platform in the future. It would be stupid for banks not to use them.
Banks won't just let it happen, they are incline to upgrades too, they are always in the race with bitcoin. Bank is now getting more and more sophisticated and high tech too. In short they are also using computers and networks, just like bitcoin, so there is no way that they will be left behind by bitcoin.. This is where you are wrong. That is very short sighted. I foresee smaller banks being serious in testing cryptocurrency platforms not just bitcoins in order to get an edge vs the big banks. Once they gain ground, the big banks will have no choice but to adapt or to lose their business vs the smaller banks. Banks won't let it happen. They have done their utmost best to boycot and even more stop the progress of bitcoin. On the background they are working on their own coin/ implementation of bitcoin... I am sure they can't be stopped and by doing this they can prolong their usabiltiy.... for he moment. Bitcoin can not make bank disappeared and it was not possible. Banks have power everywhere and play a role in the economy of a country. I think bitcoin will not affect anything because they are different. I am sure the bank can always follow the development so may not be left behind. |
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Yes, I am totally convinced that it is perfectly possible because of the undeniable bullish bias that the bitcoin price has kept throughout this year. Perhaps we could see a price above the $800 level in a couple of months.
Yes for sure it will reach $ 800 this year, or if it would happen in the next year. I am sure now that bitcoin growing and prices are on the rise from the previous. I hope if it had entered the $ 800 figure bitcoin prices will continue above. |
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For an investor, i like the best in bitcoin is its price. Bitcoins price gradually increases as time progresses. Also the convenience it gave like paying and buying online. It makes the life of the user more convenient. Bitcoin has big potential to spread all over the wolrd and many merchants would accept bticoin as payment which really an advantage for us.
Yes true if bitcoin fluctuating prices can be used it could be an advantage for us. Because if we hold back and wait for the price to be high we can get more profit. I really like it in bitcoin. I believe bitcoin has potential well received in the community if it continues to be developed. |
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I want to join this signature campaign. hopefully I can be accepted and cooperate. Thank you
Username / UID: Imoote / 687199
Bitcointalk Rank: Full Member
Current number of posts: 960
Bitcoin address to send the payment: 1P41NTAvdDRqtvWqvPC2pRNvfRTGKYMiLs
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I earn it and sell it to my local currency when I am in need of hard cash and that is the only way for me to spend my bitcoins at a moment and I am really satisfied with it.
Agree, bitcoin is simply a savings for you so that you can get a profit soon. If you avoid spending any cent of it and just spend it with emergency that will be great for you because you can save bitcoins alot. Yes currently thats what i have been doing too. i just save my bitcoins to my wallet and spend it when im need of money, i just cashout my balance and hold some. my earnings now are save in my wallet. Sell it only in case of any emergency, better option is to save it for future as price will be very much higher which can give you more profits if you sell at that particular point. But we cannot let people to save more bitcoin especially if they really need a money so the tendency is they would pulled out more of it and leave only some amount . And sometimes they don't any choice but to spend it because they will always need a money even without an emergency or it is just a normal event I am just holding it for price increase. and some time I feel the need. or when I need money for buying some think then I use to exchange my bitcoin and then fulfill my needs. i agree with you and i also holding my bitcoin till then wait for increase its price because bitcoin increase its price too much faster and it will be get double price in the next year and i think its time to holding your bitcoin for the future . Yes I also hold bitcoin price will go up I want. After that I sell and I used to need that I needed. By holding bitcoin it can make profits easily. We need not hurry to sell bitcoin because if we can take advantage of fluctuations in bitcoin it could be a huge advantage. |
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My biggest problem about bitcoin is I am now on the verge of addiction on earning bitcoin, and the other worst problem also in bitcoin is that I do some gambling. Because of that, I became more lazy and I loss a confidence on finding a real job.  and i think my biggest problem with bitcoin is that it make my social life a little limited. i like to set in from of computer and do some thing in bitcoin form. i spent my most of the time in searching and studying the bitcoin's related websites. Not in my opinion it does not matter because to get bitcoin we could do it in your spare time and every time. So they could socialize in real life. Bitcoin problem I have ever experienced is the delayed delivery problems very long time, and it was very disturbing to me. Maybe I've been having trouble with bitcoin just that. |
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i like in bitcoins is you can buy anything you want in internet using bitcoins and deliver it to your home and easy to earn with it just staying at your computer  well you actually cannot buy literally anything with bitcoins right now in my opinion though i still like the fact that it is possible to easily pay for your goods online Still very seldom online stores that accept bitcoin bitcoin because I was new. But in some areas who accept bitcoin but still very little. But then the day will be many who accept bitcoin as a payment method. I really like the ease of bitcoin and we can benefit very much from bitcoin. |
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we are almost reaching it but price went down again and start to fluctuate from time to time but like other's said its better now with the current price so we better be happy but much happier for me OP if the price reach 800$
It's showing positive movements this past few hours, spiking and falling within minutes. This could be a sign of an impending bull run again, let's hope it's gonna set new highs. I see the current price rise slowly to $671 I hope this weekend could reach $700, so it is very easy at the end of the year to reach $800. we are coming closer to $700 as bitfinex just touched $679.9 some minutes ago. if you give it till the end of the year, then i am quite sure that we'll touch the $800 price level this year. it might be that price on halving a or be stable after halving don't expect to be something else I believe that the price of bitcoin will still hit at 800 value this year and i think even we are still didnt seen any sign that the price will hit at even 700 value i think after this month we will see any changes about the price.. Bitcoin will reach $ 800 may occur at the end of the year or maybe early next year. Because according to my bitcoin prices fluctuate so that the price increase takes quite long. So as to achieve these levels takes time. but I believe bitcoin will reach that number. In this year a lot can happen with the price as there are more than 5 months to go. My prediction for this year is $800-$850 before the end of this year. Not sure if it will end up settling above $800, but at least we'll get to touch it. that's also what i have in mind this year. maybe with enough speculation going through the market to create a bull run, there is a slight possibility of seeing the price hit the $1000 price level again. for me it's enough when the price manages to stay above $700 for the rest of the year. Yes but it is very difficult to predict the price certainly bitcoin for sure fluctuation. But I hope it will really happen and can continue to grow rapidly. The increase in bitcoin need processes and slowly, if it happens this year will occur at the end of the year. |
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