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I think if it is happen online shop and fintech industry will grow faster and of cours the price of bitcoin will increase significantly.
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I just tell them that we can get some benefits by earning it. I can not push them to use bitcoin but atleast they ever heard about it.
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Sometimes when I withdraw BTC to my wallet, I set really low fees like 50-70 satoshi per byte and wait for weeks, because I'm not going to spend those coins in the near future anyway. I think it's a good way to save a bit of money, because if you look back, you might realize that your fees have added up to a big amount in USD value, while it wasn't always necessary to get those coins confirmed asap.
So, do you use low fees, or always want to get confirmation in a next few blocks?
I am always using low fees because if I compare it with fiat transfer it is still faster and more practicaly. |
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Probably the main reason is to gain profit, people have so many reasons to hold bitcoin and gold. Banks also buying a lot of gold, this will makes the price of gold rise.
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Even some months ago bitcoin'a price was 600$ but it started to rise and everyone sees how it become 1300$, than 1-2 month ago we had a little fall and lowest price was 890$ but than it returned to it's 1200-1300 and continued to rise and rise and we see what we get in result, bitcoin's price is 2750$ currently. This is very high rise and what do you think guys, will we see fall from 2700 to 1000 or even to 600$ ? Can we to forget worries of price fall?
I think bitcoin prices will always go up because the number of bitcoin users are keep increasing. The limitations of bitcoin amount will make the deflation of bitcoin. |
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This is so irrelevant. Why shall bitcoin improve the economic conditions of a region?
I don't see your point in asking this. Bitcoin is only a financial tool.
Of course bitcoin can improve the economy condition because it give people chance to get second resource. It also can move the wealth inside the country |
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What is the relationship between employment and bitcoin? Employment is the offcai mean of having a job, not freelance things.
Probably what she mean is jobless. Bitcoin gives people a chance to get source of income, so people will more productive. |
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While Bitcoin there are a few scaling options, it appears that a number of Bitcoin investors have been switching to Altcoins, and may not switch back to Bitcoins any time soon .
What will happen if investors continuously switch to altcoins? Will bitcoin crash ?
Probably the investor know that altcoin has pump and dump habbit, so they take the advantage when the price of altcoin is pumping. Bitcoin is still the best cryptocurrency. |
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https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities. This just shows that as bitcoin develops both advantages and disadvantages will tag along. But bitcoin give us a lot of advantage of using it. It's also help the online business to grow faster. Bitcoin used for cybercriminals or not it is depend on the people. |
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Of cpurse it is because of the increasing price of both. Gold was a currency in the past such as bitcoin, but bith are better than fiat because the value is always increase.
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I do not believe fiat can ever be replaced as the government exist.
The government could ban bitcoin so the value of bitcoin could drop to non existent to one's country
I am Sorry but I dissagree with you, there is fiat of some country that being worthless then the people try to buy bitcoin to safe their wealth. I think there is still a chance for bitcoin to replace fiat. |
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Bitcoin can not replace the dollar and will never be a tool for exchange of goods and services, can you imagine when you buy pizza using bitcoin, when bitcoin prices go up twice or ten times whether you will pay the same bitcoin? Bitcoin prices can change dramatically in just minutes and hours
That is because the bitcoin spreading is not good enough and the number of bitcoin trader is more than bitcoin user so the volility of bitcoin is high enough. But when most of people in the world are use bitcoin I am sure that bitcoin price will more stable, but for replacing dollar, it will need a long time. |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
I never know that there is any bank that provide interest for saving bitcoin. Isn't bitcoin bank will make bitcoin being centralized? I don't know what it is good or not. |
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I think paper money has no future. probably it will be replaced by something worth such as gold and something has a lot of advantage such us bitcoin.
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bitcoin is good technology that will be very use full for the future but it's adoption is still low, I am sure that bitcoin will be get mass adoption in the future then when that time is come the bitcoin's price will increase significantly. so small amount of bitcoin now will be really worth in the future.
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It is the first cryptocurrency created and other cryptocurrency are jist a copy of what is bitcoin.. Bitcoin is really have an a successful high price value market and still increasing its price in a high rate and can be a really good investment for everyone so better if you invested earlier.
the other reason why bitcoin is the number one is because bitcoin has the biggest market cap among of other cryptocurrency. |
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I am using a web wallet right now. I prefer a web wallet since I can have access to it wherever I go as long as there is an internet connection. Unlike other wallets web wallets can be accessed using smartphones and apps. Specifically I am using the web wallet hosted by blockchain.info since the btc address keeps changing in every transaction that adds to the security factor.
every wallet has advantage and dissadvantage. web wallet is practical to use but hardware wallet is safer than it. some of them is good for daily use and some of them is good for saving big amount of bitcoin. |
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Bitcoin became one of my income sources from using freetime, by not leaving my main job. Investing only about $500 in bitcoin a few years ago, has given me a pretty good advantage right now.
earning bitcoin is the best side job because we can do this anytime and anywhere what we only need is only internet connection. bitcoin being my source of income too. |
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Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
the most easy way is from faucet, but this way is so tiring. we better gaining skill in trading or just joining signature campaign. |
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Saving bitcoin will make you rich. the price of BTC today is increasing rapidly, the price of btc today are still cheap, if you want to become rich in the future save BTC today ! and hopefully theres a bank to save bitcoin.
yes that is right. bitcoin price is keep increasing, I think we should saving bitcoin rather than use it to purchasing something. |
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