The most benefit that I'm feel is I can send money to my family on Australia with the most cheap fee compare when I'm using western union
Also when my sister send money to another country, bitcoin provide faster payment speed
Bitcoin transactions don't count how far you sent your bitcoin, because of that we can send our money to many countries with cheap fee transaction. Around some days ago i make a transactions and the fee of transactions only take 0.0002 bitcoin. Even one month ago the transaction only take 0.0001 btc. i guess now fee for transaction is still 0.0001btc maybe you can use costume fee for get fast confirmation but fee 0.0002 per transaction is still low than you use other payment. Yes and I think that fees is nothing in compare to other payment systems and I generally use bitcoin only for online transfers. |
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thats the best thing to do if you know that the price of bitcoin will gonna explode upward. so much profit are waiting for you to get it.
Yes holding is the right thing to do at a moment, price has started to push up now so selling now is not recommended as you will not earn huge profits. |
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Its not the best thing that you can do now because the value is going to be worth and that would be nice for the most people who already have Bitcoin so that would be perfect.
The only thing that you never know is the right moment to sell it and that can be risky also if you are doing wrong.
That risk will always be associated with bitcoin as no one know when is the right time to buy or sell, its is instant and if it works in right way then you are lucky enough. |
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The best moment that you have to buy Bitcoin is that you must know that how lower you are buying how higher the chance is that you can make some profit with it.
But it is of course not that easy to make some profit because it can also takes a long time until it will be more worth.
I think that price of bitcoin is good at a moment so buy now and hold it for future, as we don't know when will be price goes higher so that we can earn return on our investments. |
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No this is never going to happen because it is just to much of a job and it is impossible to have only one currency in the whole world. But Bitcoin does not need to do that in order to be great. To can also be great without something like that.
Yes and I think bitcoin itself is a money so we don't want it to to replace other money as we need all type of currencies so that people can use it according to their convenience. |
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I think that bitcoin price will be around $1k in the next year and maximum it can reach to is around $1200 not more then that and this is just an prediction.
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I don't think that mining is more profitable at a moment its better to buy and save for the future as price will go high at halving so we can sell at that time.
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The best way to invest your bitcoins is to search for small companys who are growing
quiet fast this year. Only then you will make a nice profit. When you invest in big company's
you've to invest much more coins to get a nice profit.
That is why I invest in Bitcoin or use Bitcoin as an investment. I believe that in the future is price is going to be high and that it will be possible to make a huge profit. Yes investing in bitcoin is gonna be more profitable in future as more users will start adapting bitcoin in future it will lead to higher price of bitcoin. |
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i WANT to use bitcoin as both, even i want to use it MORE as a currency but so far i have only used it as a currency in so little occasions.
and since the price of bitcoin is changing a lot and has been rising a lot for the past months then i am using it as an investment #hodler
Majority of people are grabbing both the advantages associated it as if its taking care in both ways then why to choose a single out of it, adapt and divert it according to your needs. |
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You see that people are going to stop with Bitcoin if they not can make profit with it and that is quite bad because they dont have the patience for it and that is quite bad.
But you never know what is going to happen with Bitcoin and that is the problem because we cant control the value.
The true believers of bitcoin will never leave bitcoin in future even if the price falls but the fact is that they get disappointed if they cannot make profits on regular basis. |
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I'm also holding because the price is gonna rise for sure this year with all the events that are planned.
Another nice fact is that its getting bigger so that is also good to see for this year and it also says something.
Holding for certain level of time is good, but holding it too long can be unprofitable as if price drops in future you need to wait too long again for price rise and that can be irritating. |
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Actually you can say that it it is time for buying the bitcoins, specially those people who is interesting in bitcoins,because now people should buy the bitcoins because now halving is coming so the price of bitcoins will also increased.
yes, so the current price of bitcoin is being increased slowly, it may be caused because so many people are buying bitcoin today to prepare for halving, so if you have the money immediately to buy bitcoin When I have some spare cash, I will buy some bitcoin. The price is still quite low compared to the halving price. in your mind the current price may be low compared to the price that we will see towards the block halving, but the reality can turn out to be completely different. just out of curiosity, what's the halving price that you have in mind? People are expecting that 2013 ATH again. That wont probably happen before 2017. Some even think the price will hit $10,000 within a few years. And that while we haven't even seen $500 and $600 yet. It's beyond insane. Exactly its taking too long to reach to $500 so its a waste of time to keep on thinking that when it will hit $10k and honestly it seems to be impossible value to achieve. |
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You should never sell your bitcoins because the future of the bitcoin is good and keep in mind the bitcoin is the future of all the currency in my eyes.
Plus it also already has a step a head on other currency's because of the fact is fully digital.
Selling never your coins is something insulting bitcoins, if you don't want to sell it ever then why are you investing your time and energy into earning it, invest your time somewhere else. |
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Its better to invest these days because the bitcoin is only gonna rise more and more these days for sure.
I think if you invest right now you will make profit for sure.
The users of bitcoin will invest only in bitcoin as they are aware about the potential of bitcoin and this is the best time to invest as we can earn good profits in next couple of months. |
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I will never sell everything even if the price falls back to $100 as I will still have hope that it will rise once again in future, I will keep on selling small parts when I see price is good enough to earn some profits.
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I'm not gonna sell any coins also because the price is gonna rise for sure and that is also why we should not sell any bitcoins these days.
The future of the bitcoin is just so good.
We all hope that the future of bitcoin should be good but keep in mind it is unpredictable too, holding for long term can be really risky if it doesn't performs well in future. |
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I think its best as an currency whose value keeps on increasing over a period of time, and I convert it when the price is higher so I can hold more number of fiat in my wallet.
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We can't generalize this information but there is some people and not all of them hating Bitcoin. In the other hand i think Bitcoin's having nowadays a large community which support and advertise it as well
Only loosers hates bitcoin who don't have a courage to digest failure, majority of the users loves bitcoin and that is the reason we all are investing our time in earning it. |
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I don't see myself getting rich with Bitcoin anytime soon and it's not my general goal. I'd say that the goal with Bitcoin is to spread it out more.
Yes there are many other ways to get rich in future, but our primary goal should be that people around us should be made aware of bitcoins, as more users will lead to higher price in future. |
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No, saving bitcoin isn't good.
Just use bitcoin whenever you need, don't store it. How do you know there won't be an better alternative and btc won't go obselete?
BTC won't go obsolete, that's the point. The BTC network is designed to do that. Even if the price drops to cents per BTC, the network will be still up, and I'm sure there'll be plenty of people using it too. Yeah people who have faith in bitcoin will continue to use it even if the price drops, as it can grow again in future but looking at present situation I don't think price will fall in next couple of months. Yeah you don't want to have any doubts in that, as halving is too close we have to save our coins because the price rise will be very high during halving, I think bitcoin users will be already aware of this and started saving coins more before. I think bitcoin users are know about this even the altcoin users are know about this.. but they are still give a wrong information about bitcoin because altcoin is one strong enemy of bitcoin.. thats the price is not increasing more.. if theres no altcoin the price of bitcoin is high than right now.. but some traders are converting their altcoin into bitcoin because they know the price will be more high. The price i think it will hit to 700-900 according to traders outside just heard it.. We don't know what will be the exact price at the time of halving but I am sure price would be much higher providing us an opportunity to make good profits. |
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