and why is so important to have 21 ? why not 11? 31? 40+1?  :/ Maybe it is the minimum numbers of coins to buy a house, automobile.. in the country of original posters. We can't calculate about that in this value 21x$673 = $14,133 it's enough to buy a car in my country but nothing for a house. it's not enought to buy that. average the house price in my country is above than $20,000. |
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I don't think it will be an available payment method in thear future. At least not in my country.
I think there are still a lot of problems to be solved.
Like the question about taxes. It's still too risky here for the sops to give that payment option when you can have problems with the tax department later.
A lot of bitcoin system is against the government system and it's will difficult to make any solve for the problem. I know the government will not budge only with the things like that because they will losses many profits from there. it's will become a big problem when bitcoin is starting to entry the country. |
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spending bitcoin as a currency is a bonus to what bitcoin already is as an investment.
Bitcoin as currency it's just a bonus for users but a lot of users have a seriously think for that. but at first, in my opinions bitcoin is made become a complex investment. |
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otherwise I'm checking the price every 20 minutes. Bitcoin charts are so addictive  Hahahaha same with me, I'm so addictive with bitcoin price charts because I won't be able to lose the moment about bitcoin, maybe can giving some profit for me. I can check the charts every 15 minutes and see the situation in the market. |
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but I doubt if in the US there are many of jewelers are getting their jewelry using bitcoin. for me, the best option is buying the gift card with bitcoin and using a gift card to buy your interested jewelry. it's will become easy way to do that. |
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for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.
For my bitcoin payments facilitate a variety of transactions online that I made, and in the presence of my bitcoin move from formerly playing forex now trade bitcoin. I would say my most like part in bitcoin is Its transperency in transaction Because I expect these kind transpernet system in my Government. Which can reduce corruption. Lets hope for that. What do you say?can you explain to me about the transparency of bitcoin?Where from you can assume bitcoin is transparency? I'm very doubt about that because in fact bitcoin giving a high chance for everybody in government to do money washing. |
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There are a lot store that accept bitcoin nowadays, i hope that there will be more store that accept bitcoin payment in the future, so i can use bitcoin in my daily life
And i will keep some of my bitcoin as crypto currency for 8nvestment and purchasing things online
I not sure a lot of stores that accepts bitcoin in every place in the world it's just in some region like foreign, in my country, it's too difficult to find the store can accept bitcoin. where you country?maybe it's similar for me. and I want to think again to buy some stuff from foreign because it's will require a big tax charge for entry into my the country. |
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i bought a small amount along time ago in the bitcoin sense, about 3 years ago though you are planning to hold it for your kids? i doubt it would be a good decision because in this way you cannot be guaranteed that there will not be a better technology I can't take any point from that, we know every time a new technology will always appear and it's will be a guarantee for us and there will always be renewing an old technology. |
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I don't think slow, my transaction delay is around 2 mins and it's not a problem for me and for my friends for example, but i know that many people have delay around 10 mins and it's not so fair.
No, the transaction is always instant and maybe the confirmation is getting a delayed but for 10 minutes it's normal nothing have any problem in there. you I sure your means the transaction getting delayed is the confirmation of the transaction. |
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Yes most of us use it as a currency and actually we can also use it as both because you can invest something which is accepted by others and hence bitcoins act as a medium for it.
No it's not what you think. Most of people using it as an investment that's why we have a price like this today. If most of people will use this as a currency, then the price will now be stable and at the same no more active trades will be happen. Exactly price is stable only because there is no movement in market, majority of people are holding their coins for price rise, if people would use it as a currency then we would be seeing much higher price by now. It's wrong, whether just because the people is holding their bitcoin will give a big impact for market or bitcoin price? I can say no because all of miners or users of bitcoin it's not yet feel the effect from halving. because a lot of bitcoin users is just holding their bitcoin it's will cause the decrease of the volume circulation. |
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because i could not predict the exact prices i have to say yes sometimes i was missed the right time to buy or sell bitcoin
but it doesn't matter for me because as long as i not losses my money this is good for me
Yes what you said is right..but when you invest in trading ..we have to keep on watching, when will the price increases BTCIt's the disadvantages to playing in trading it's will sue to watch the market every time for waiting for the price increase at any time. and will need a lot of energy to do them keep eyes on the monitor. |
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Nope, I only put my extra income or my excess of my daily needs. Maybe someday if bitcoin is acceptable to all matter. I don't think so if putting all your money into bitcoin is a great idea.  Yes, i too I will not put my real money in Bitcoin. I will collect coins from Signature campaign and will do other works and earn coins. I never put my money in risk. If Bitcoin price stable than I can think to put our money in Bitcoin. But it is not stable, So i will not take any chance to lose my money. Me too, I never put my money into bitcoin just using my skill to get a jobs for paid with bitcoin and to do another work or small task can give some coins for me. but the stable or unstable the price of bitcoin is always giving a something to everybody. |
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The Minimum To start Your trading career will be like 100$ because when you will trade than you will hardly make upto 0.5% or 0.7% everyday if you played it right and it will consume a lot of time
But $100 it's a huge amount for a newbie without any experience in them and for the profitable from there is not be a predictable by someone. it's unstable sometimes will get a better profit maybe also not getting anything from there. but getting more than 1% for every day it's not impossible. |
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Well investing to gambling is not really recommended. Anyway, I primarily treat bitcoin as an investment due to the fact that I'm not able to sell it until it didn't reach the $750-$780 again. I'm not worrying about it because I know the price would increase since the halving has already started.
We can't call put the money in gambling is an investment because it can be lost at any time. the investment means savings some money or assets with expectations will get some profits someday... but let's see about the price of bitcoin after halving.. you're true the price would increase but by slowly. |
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your computer is your bitcoin bank.. just download the wallet and store as much as you want.
There are a lot bank services in bitcoin too, lending(btcjam for example), vault, mix, etc etc etc, just need to search what you want.
Yes, our computer and our mobile is the present Bitcoin bank. We can save our coins in this wallet. This is the safest place to keep our Bitcoin in this world. In my country Bitcoin is still illegal currency, So I think our generation will not see Bitcoin bank, may be future generation can have a chance to see this Bitcoin Bank. Hahaha, that's right I never thinking about bitcoin bank because I'm is already having my own bank on my computer. the wallet it's has the same function with the bank but only different in their form. the wallet is a mini bank for me.  |
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Paying bills is very tiresome. Aside from travelling to the nearest station to pay for your bills you also have to pay for your fare. Sometimes when you are very busy and you cannot leave your office or your home you are wishing that there will be a new technology that allows you to pay your bills without going out from your house and leaving your office.
Yeah, it's very tiring but that rules it does not apply to me... because in my environment there are officers comes into my home to take bills for a month. and I never needs to release my energy and that's way is greatly save for me. but there are some site offers that's to pay bills on them. |
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I don't think so. Banks are the foundation of money in general.
Soon enough, banks may actually use bitcoin as one of the main currencies.
That is possible that banks will start adopting bitcoin, but there is no chance that bitcoin can replace banks as the size of banking system is too huge, comparatively bitcoin is still too small. Yep. The bitcoin market cap is just too small to even challenge all banks. There are already banks in London that are thinking of adopting bitcoins. Just look it up in your search engines and you will surely be able to find those news. True, unless bitcoin exponentially increases the market cap, which would seem impossible because of how high the difficulty would have to rise for new blocks to be mined. I think it would make banks stronger if banks utilized bitcoin in their business. yes i am agree with you. i also think that bitcoin will even make the banks more stronger and stable. if once they accept bitcoin and let the people do transaction on betting. I can say NEVER, are you kidding me? betting is included in illegal activities in a lot of countries,does bank is crazy to let people do the transaction on betting? maybe yes for bitcoin but it's impossible for now and no for betting I sure they will getting a protest from a lot of people in community or government. I don't understand why people will choose banks for gambling if they have freedom to gamble online with bitcoins without disclosing their identity. Well we don't know the reason behind why they are choosing to do that rather than gambling alone with bitcoin. But let's go back to the topic, It is really impossible that bitcoin is going to make those banks disappear because from the start banks are already there. And the government needs more to know the use about bitcoin before it decides to make banks disappear. It's not true bitcoin will never disappear just because bitcoin, the bank is feeling comfort with this situation maybe they will lose some of their members because bitcoin. but in fact, bitcoin can't stand alone in my opinions bitcoin still relies on the bank from the value of bitcoin is still measured by fiat money. |
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I don't think so. Banks are the foundation of money in general.
Soon enough, banks may actually use bitcoin as one of the main currencies.
That is possible that banks will start adopting bitcoin, but there is no chance that bitcoin can replace banks as the size of banking system is too huge, comparatively bitcoin is still too small. Yep. The bitcoin market cap is just too small to even challenge all banks. There are already banks in London that are thinking of adopting bitcoins. Just look it up in your search engines and you will surely be able to find those news. True, unless bitcoin exponentially increases the market cap, which would seem impossible because of how high the difficulty would have to rise for new blocks to be mined. I think it would make banks stronger if banks utilized bitcoin in their business. yes i am agree with you. i also think that bitcoin will even make the banks more stronger and stable. if once they accept bitcoin and let the people do transaction on betting. I can say NEVER, are you kidding me? betting is included in illegal activities in a lot of countries,does bank is crazy to let people do the transaction on betting? maybe yes for bitcoin but it's impossible for now and no for betting I sure they will getting a protest from a lot of people in community or government. I don't understand why people will choose banks for gambling if they have freedom to gamble online with bitcoins without disclosing their identity. Because who people choose banks for gambling is they do not know or familiar about bitcoin, in my environment there are some people is trying using the bank for gambling and they were getting into the jail for now. and after I ask about them with their close people they say "they are unfamiliar with technology especially for bitcoin having zero percentage about that." Even ,their close people also not know about bitcoin and technology too, it's very rarely to finding people who know about bitcoin in here.
Well we don't know the reason behind why they are choosing to do that rather than gambling alone with bitcoin. But let's go back to the topic,
It is really impossible that bitcoin is going to make those banks disappear because from the start banks are already there.
And the government needs more to know the use about bitcoin before it decides to make banks disappear.
It's not true bitcoin will never disappear just because bitcoin, the bank is feeling comfort with this situation maybe they will lose some of their members because bitcoin. but in fact, bitcoin can't stand alone in my opinions bitcoin still relies on the bank from the value of bitcoin is still measured by fiat money. |
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At my opinion everyone who interested in bitcoin and earning money at the same time should have a plan of stable income, i am just trying to trade right now.
Trading will never give you stable income as its an combination of profit and loss, only you full time job can give you fixed and stable income and cannot expect the same from bitcoins. From the beginning, we can see the fluctuation price in trading and pronounced we will never get a stable income from there. what are you means about the full-time job?maybe if you means it's a real job like working on companies I think it's the fact the income will you get is stable. |
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I use Bitcoin more as an investment because that is going to allow to me make money by buying and selling them afterwards.
Personally I do not think it is a good idea to spend them on gambling or other stuff that you are able to buy with them.
but spend in gambling it's good or not it relies on the people intentions maybe you can say from your post it's not good idea to spend it on gambling, and I sure the reason is because gambling having a lot of risks but another person has a different means maybe they can get a much profit for a short time with this. |
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