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Bitcoin is always better then WU as the transactions are fast and with least fees where as WU charges heavily from the customers and the best thing about bitcoin is transaction are available 24/7.
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The future of bitcoins seems to be very good and I dont thin its going anywhere as the price will be higher in future as we will see many new adoptors start using bitcoins.
yeah The most common will happen for sure users continue to grow and we will see a new adopter every time. but the question is. how long it takes to bitcoin be able to get the user covering the entire population of the world ? Well, i think it will takes a long time for that. Because not every people know about bitcoin, we need something big for introduce people about bitcoin. Maybe someday it will happened. Entire population of world using bitcoin seems to be impossible, as even bitcoin gets more popular in future there will be certain community who would be not aware of bitcoin. |
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Seeing this thread Bitcoin is dead again. This time for sure...i wonder really ? can it ever happen.
i dont think so it can ever happen , even in dreams. Bitcoin has come so far and is growth cannot be stopped now.
Yes bitcoin is in growing stage now and it is really difficult to see bitcoin dieing not in this decade atleast, and I think bitcoin will reach to its highest value in coming years. |
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a few months ago there flappy bird games that could produce bitcoin, but I do not know if this time they still provide free bitcoin for it.
if they try to earn with this method, those kids will end up wasting their internet quota and didn't got anything precious except dust,kid shouldn't work,but kid should be educated for future purpose,when they're old enough for working and have well education, then they can easily earn a money yeah I remember it flappy bird and coin hopper  I rely on the kids in the complex and my brother to play this game. children is clever in the play of game I got 0.004 btc in one day from kids  I am happy. I just paid them with sweets LOL Ahh yes, i also remember that games. You can earning bitcoin by playing that games, i think it's a good idea for your kids. so your kids can also playing games when earning bitcoins. Yeah earning by playing games would be the best for the kids, and they can also try for various faucets sites where they can collect free bitcoin, faucets for kids can be fun. |
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I would love to invest my money in bitcoin at a moment as I don't see any other better product then bitcoin to invest my money, I am saving few and investing more.
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It is safe if you are good in the field of bitcoin, if you have a good knowledge about the price of bitcoin and are good in doing trade with it, But if you are newbie in that field and have little knowledge ten you have to learn more to earn and remaining safe at there.
Price is not in anyone's control, so we don't know what is the best price to buy or sell, but if we buy 1 btc today and hold for few years than that can be profitable in future. |
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No currently I am not spending bitcoin actively, I am saving them, not for price increase but for my project, I am working to start a wellfare organization and for that I am saving each of my earnings.
That's great to hear mate that you are starting a welfare organization and you are saving your bitcoin for a good cause, saving bitcoin for future is the best thing to do. Anyways good luck on your project. |
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Its a risky thing to do as I don't think that quitting job and getting full time on bitcoin is a good idea as you don't get stable income if you work on bitcoin.
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Right now i trying to mining a lot of coins, i thinking its mabey its good to save the coins like 6-12 mdr before selling it.
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
I just buy bitcoins and save them for quiet some time. When the price goes up and I feel like I can make a nice profit out of it I sell some bitcoins. But I do not sell them all at once. I save a couple of them just in case the price later on goes up even more. That is a good thing to do as buying and selling on regular basis will allow you to earn profits in short term even I am buying now and holding for the halving so that I can sell at a higher price. |
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I don't know whether bitcoin will replace paper money or not, but
I know that in the future paper money will be disappear and replace by others, may be card or else
yes we all never know about future,but we can predict it with collect some factor on nowdays to predict future. and i guess in the future bitcoin will not replace bitcoin,its different acceptable between paper money and bitcoin,and i'm also guess that paper money will not dissapear. But its really difficult to predict that paper money will simply disappear in future as I don't see any competition from bitcoin to paper money as the users of paper money are huge in compare to bitcoins. |
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Them thinking negatively about it is probably better than them not having any knowledge about it at all, I seen few people in my area that know what bitcoin is but wasn't successful in explaining it to any friends, They did not even know about silkroad or the topic the media was covering for months.
I think people don't take bitcoin seriously and reason is that they are not aware about the benefits attached with it, and that is the reason they have negative attitude towards it. Yes most of the people do not consider bitcoin as a serious money. I believe this is just due to the lack of knowledge about internet and how the viritual money is working. Time will teach them new technology. When my friends consider bitcoin as some schemes are program for investment purpose, I really conclude they are not having enough knowledge about bitcoin. But I have tried many times to teach them about bitcoin but I was not successful still. Yeah even I tried many times but result was zero, as no one around me is interested in knowing it or try using it, but I am not giving up in recommending them to use bitcoins. |
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The time when miners stopped mining that time it would die and trust me it would NEVER happen  What arguments do you have for that (false) claim? miners stopped to mining is really possible when they think mining bitcoin isn't giving profit anymore because of halving,or bitcoin price's decrease ,anything can happen on this world Yeah anything is possible with bitcoin, but I don't think that bitcoin will die so easily as it is growing at a moment and it will grow more in future when majority of people will start using it. |
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It is highly likely that it will reach this amount in the next two months, not from February though, because here we are  .. two months later. In two more months we will be seeing the halving so that will boost up the price for sure since that is the good news that it needs to have it stop fluttering at the early $400 mark that it has been doing for the last 3 weeks or so. yeah we are half way there , so it is easily possible from ~2 months ago the price has gone up from $300-$350 to $420 and slowly it is rising over time. From two months back the price has grown high. But now the price is not increasing for a long time. Now everyone expecting at least the value could go high and reach $450. Yeah $450 is a good amount to hold and we might see that price before halving, and at the time of halving it will cross $500 mark and which seems to be pretty possible. |
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1BTC = 1000$ in 2016 = Dream  But for it to hit 500$ - 600+ $ is totally possible by the end of 2016. Creative description. Bitcoin reaches $500 as mentioned, if halving doesn't take place also $500 will be achieved. On the whole $600 to $800 can be expected within 2016. Yes I think that value is achievable in this year, anything around $800 is possible by the end of they year and halving will allow us to see much higher price. |
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That's a hard choice. But my pick would go for both of these assets.
If I could I would have and invest in both of them. Bitcoin and Gold are the best investments of the century
Diversification is always good, but still I feel that investing in bitcoin now is the best investment to make as gold is very stable and we need to wait long to get ROI. Even if have to wait long in gold, but we can be assured that we will be earning something from it, where as we have no idea that whether we will gain profit or loss by investing in bitcoin. |
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I am spending it online for online transfer and sometimes on gambling, as I am trying to multiply my coins with gambling so if I win I can hold more number of coins at the time of halving.
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Price fluctuation is the major issue behind it, as when price falls people start believing that it is dead and it has no future ahead, and also people start following to the news they listen.
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I still believe there is a room for price to incre in near future.
Yes I try to hold some in my wallet, don't touch it at all.
Holding for next few months is the good decisoin, as current price is not too high to sell our coins, but if we wait till halving and then sell then we can earn good returns. Yeah, it's good to hold for few more months as the halving is expected soon. But at times this holding will also create a large accumulation which may decrease the price before halving. There are full chances that price will go down before halving but we need to hold our coins till halving as price would be higher at halving and even after halving. |
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I never used Western Union, but I do believe they lowered their fees. Somebody correct me if I'm wrong. As I said I never actually used it so do not insult me about it.
bitcoin will have low fees than western union if you just transfer/send the btc,if you'd exchange the btc to your local currency, i don't think the fees will remain low,an exchanger usually took 1-5% amount of btc which exchanged Everytime fees doesn't matter, time factor is the most important, WU takes long time for credits, while bitcoin is too fast, and a person who is in emergency he will be willing to pay higher fees if he needs money badly. |
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Yes I'm buying bitcoins because the price is now pretty nice and you can make a lot of money on a long and short term these days.
The fact is also that the halving is coming this year so that makes it even better.
Your decision is right. Most people are doing the same, at present I have made a very small buy as I don't have the required dollars for a whole bitcoin. Its always good to buy bitcoin in small parts rather then buying full of it, as you always have an opportunity to buy rest of it in future when price drops, so its good buy in installments. |
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