It depends on the perspective of the person, Some people is treating bitcoin as a gambling because they never know how to earn profit. The mentality will be depending on the person, On how he/she will believe.
No it’s not a gambling it a digital currency and people are using it for frothier daily use if you study bitcoin so you will teach a lot of things about trade, mining, investment it will not teach you about gambling or something else in gambling you can lose your money but in bitcoin you will always earn money so bitcoin is not a gambling. |
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don not worry about the price of bitcoin falling down, it is due to exchange of it, but it is also increasing in some time
Yes there is nothing to be worry about the value and the price of the bitcoin will increase more and more I hope the bitcoin is the future and it is the time for the bitcoin to have the high price and the increase in the bitcoin, not very much but to some extent the bitcoin is being the world currency I am user in the future every single person will know the bitcoin and they will make the bitcoin investment. No bitcoin price is not falling because recently some big and develop countries have accepted bitcoin and some of them make it legal so its mean users are also increased of bitcoin so if the users are increased it mean there will be a huge number of investor’s and daily trade as well which will give more strength and power to bitcoin. |
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of course not. The price of bitcoin mostly as of now depends on the law of supply and demand and we can all say that bitcoin is the most used cryptocurrency as of today and that alone is enough to make it stable for a very long time.
No I don’t think so that bitcoin will die because today I check the price of bitcoin and its price is very high and day by day countries are going to accept bitcoin because world need bitcoin and the demand of bitcoin is going very high and I’m sure that end of the year bitcoin price will be more high so we need bitcoin and it will be survive for ever. |
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Well for me, I first came across word "bitcoin" from one of the YouTube IT guys called "Eli The Computer Guy" I was a subscriber to his YouTube channel and i used to watch all the latest videos posted by Eli on YouTube. And then in around January 2013 - Eli posted a video on YouTube talking about the digital currency and revolution called bitcoin, yep! that's where i got started with bitcoin.  I heard about bitcoin from one of my friend because he change his life in a short time and its only just because of bitcoin so one day I ask him you did you change your life so he told me that he have a bitcoin and he is using it so I told him to teach me bitcoin so since I join bitcoin now I have everything in my life which was a dream from me to buy. |
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Here in my country banks are not accepting bitcoins. Because it a direct competitor and threatening to the bank. They are to different systems that will not blend in. Just like apple to orange.
Not yet because bitcoin is still not acceptable to any bank but money exchanger accept bitcoin anywhere and in my country bitcoin is going is acceptable to any government sector when I’m going to pay bills so pay my bills in bank and they accept bitcoin so I hope in other countries bitcoin will be accepted also. |
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At this rate and the market for Bitcoin I would say no Bitcoin wont end at all or anytime soon, In fact it is just growing and the beginning of the Bitcoin Era.
No it’s not true that bitcoin will end because bitcoin is not here to end bitcoin know very well how to make itself stable with high price in market because bitcoin is one of currency which is going to help countries and their people and a lot of people have changed their life just because of bitcoin so world support bitcoin. |
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The day is going forward technology. In this age of technology, people do not want to deal with hands.So, people are interested in trading online.
I think everything have his on value and place and I think paper money have also its value in world but as we know that now a days it’s a modern technology world and everything is going digital so bitcoin is also of the example of modern technology because it’s easy to carry and its price is also high than any other currency so I think bitcoin is better than cash. |
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Bitcoin technologies are not even close to perfect. They're anonymous, possess a little fee and a high-speed of transfers. This will work for scammers and those who are away from legislation. But it's a matter of time. Each time the protection systems improve. There is a struggle in between hackers and security services.
Actually bitcoin is not here for any crime or for any bad things when you read bitcoin so it will teach you a lot of good things because bitcoin is here to help us so we need to use bitcoin for good things and I heard bitcoin is not going to donate as well to some organization which is using for against crime and other human right violation. |
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I think every countries should be started in college bitcoin.Now manay college student are know about bitcoin.They worked online based marketing and earn to money.
In many schools bitcoin is now going to teach and I hope in college it will also be started to teach because bitcoin is one the famous currency in young people and they want to learn from bitcoin because bitcoin can help you in future and its very safe and sound for investment so I think in future bitcoin will be start to tech in college as well. |
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China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.
In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.
So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.
We are not definitely dead without China but China is indeed a big contributor to bitcoin and other cryptocurrency as well. But i wont believe that all of the China's cryptocoin holders could have really sold their coins. The sudden fall on price can also be attributed to those who have panicked about the news during the past few days. Maybe some real chinese holders are just laughing right now because othe nationalities are selling while they are still holding and buying.China is helpful also to us. No it’s not true we are still with bitcoin and going to take a very good profit from bitcoin and now bitcoin is very stable and strong in market and in future bitcoin will be more strong because when china banned bitcoin so some of the countries have join bitcoin and some of them make it legal which give more strength and energy to bitcoin. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
just appreciate what he thinks about Bitcoin, and if you're an emotional type of person it would be nice to just walk away from him, never discuss Bitcoin with him even though he'll ask you sometime later.... Actually it’s not about that people hate or dislike bitcoin I think they still don’t know about bitcoin they have no idea about it so we need to teach them about bitcoin first when they come to know about bitcoin that what is this and how it work so I’m sure they will agree with us to join bitcoin because from bitcoin you can also make money. |
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I do not see it as gambling, because in terms of investing and trading bitcoin can be analyzed, so for those who rate bitcoin as gambling possibilities because they have not understood about bitcoin as a whole and its analysis.
No bitcoin is not a gambling it’s a digital currency and you can use it for your daily expanse because bitcoin is here to help us and I think gambling is not a good for earning although you can make money in gambling but there is also a chance to lose your money so bitcoin is such a currency which need your hard work only and will give you a reward. |
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Some people like the Brazil Central Bank Chief called Bitcoin a Bubble & Pyramid Scheme, how can the bitcoin industry prove this wrong and make sure bitcoin never ends but grows bigger?
By simply proving him wrong and most of all, by ignoring that person who will do anything to disrupt btc. They are afraid of btc seeing that more and more people are getting in with btc. And it sure did hurt banking businesses so they are banding together and announcing btc as a scam and all. There are a lot of things which can assure you that bitcoin will be forever first of all we must know about the value of bitcoin and the respect as well a lot of countries have accepted bitcoin and still more countries are going to accept bitcoin and some of them make bitcoin legal and the price of bitcoin is also so high so I think these are enough to confirm that bitcoin will survive. |
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I've never met such a person and this kind of thing. I think it really happens, and I think he's an asshole. A man without reason. Maybe he has taken the opportunity to become a millionaire through bitcoin, or he has a lot of bitcoins stolen by hackers, and that's the only way to understand it.
Actually in past there were some crypto who were fraud and they are no more in market so the people badly suffer from that and they think that bitcoin will be also one of them which is not true bitcoin is totally different than other it is one of the committed currency and whatever you will invest here you will get a good reward from it. |
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I think nothing is perfect. Beside of the benefits of bitcoin and always stroll with negatif for example above point out. I hope there's a way in long term to prevent bitcoin employed for crimes.
Well I think it’s a very bad thing that bitcoin is using in crime and or any other bad thing because bitcoin very good safe and sound currency and you will learn good things here so I think rather than use bitcoin in bad things we need to use it for good things because bitcoin is here to help people not make them criminals. |
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I prefer Bitcoin over flat because it is much better if you will use it as investment, for gambling and for easier way to pay bills. yes for investment we all know that the price is not stable and during the course of time Bitcoin price keeps going up, for gambling because Bitcoin can help you gamble anywhere you want and pay your monthly bills without hassle, without falling in-line.
Actually bitcoin is going to provide a very good source of income for the people and it's price is also very high than any other currency because when you start trade, investing here so it can change your life and secondly it’s also very easy to carry bitcoin with yourself so there are a lot of more good qualities in bitcoin so I will prefer bitcoin. |
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Please think about this for a minute. It's called diversifying what you invest in. The short answer is YESYESYES.
Well I don’t think so it’s risky but I mean to invest all your money it don’t make sense even if you have too money or you are billionaire so you can do this always invest your little part of amount in bitcoin because bitcoin changes his price in a week and you can get your profit fast so little part of your investment also give you a good profit. |
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For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.
Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees. No it’s not true that bitcoin is complicated for an average man bitcoin is such a currency which is for every one and any one can use it easily there is no such a tough and hard job in bitcoin it only need a little concentration and the rest of you can do it by yourself so we need to understand bitcoin and then start to use it for your bright future. |
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Hi guys, I have a friend who is determined to prove me wrong in regards to bitcoin. Before I respond to him, I thought I would post what he's wrote to me in attempt to "Stump" me and try to get me to stop with bitcoin. I think it will be interesting to see all replies from the bitcoin experts in here and to get a different reply than mine so I can put together a solid reply back. I'll post his email to me below. Thanks in advance.
"I read a lot of the negative aspects of bitcoin and I'm not understanding why you're crazy over it, it keeps appreciating because nobody is cashing out. Since it's not a government regulated currency to exchange, people are getting robbed left right and center going on these black market sites trying to cash out. I don't doubt you can sell the coins, but now people are afraid to try because there's no legitimate way to tell if you loose your money. People are running ponzi schemes because when you trade in the coins there's waiting periods before you get the "cash" and thats when these website wrap shit up and leave you high and dry. I remember you telling me that you can spend the coins in many natural places. That's isn't here in Canada. There is way too much negativity to support the investment for me. The positives are what's making the coin valuable, but in order for something to go up in value dramatically like this we have to think that it's not being sold anywhere and being the rare commodity that is it will naturally go up due to scarcity.
I really think you're making a big mistake with this stuff like everyone else."
You know you should just ignore what he's saying. He's a lost cause and you don't have to prove anything to him. What he said is a clear sign that he isn't and will never be into btc and any other cryptos. Just do your thing, continue with what you're doing whether trading or just simply investing. Once you've gained a lot maybe one day you can email him and ask him how he is doing and then simply tell him something like, "You know I continued investing in btc even though you emailed me all those things and right now I'm having the great time of my life here in Bahamas!" I have friends that I've told about btc months ago but didn't really minded me and now they're all over my messenger asking me for advice how to start in btc. Who knows maybe someday that friend of yours will come around and realize all the good stuff btc has to offer. Not some I think we need to help them too much because they are totally misguided from fact and I think we need to teach them properly about bitcoin that what is bitcoin and how it work and how it can help someone in future so there is no doubt that still there are a lot of people so still don’t know about bitcoin so it’s our duty to teach them about bitcoin. |
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