Bitcoin Forum
June 23, 2024, 10:28:39 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: Do you USE your BTC? on: November 23, 2017, 10:58:55 AM
The BTC appearance and the transaction speed of BTC are different. However, I also think that people wont use BTC for payment frequently. Because they wanna get profit from hodling it.

Same here, I'm not using my bitcoin on my everyday day needs unlike those other people out there who are spending their bitcoin unwisely. They don't care about having profits as long as they are getting what they want on bitcoin, I know it is not bad, but if we are going to think carefully, it is not worth it, wants are just for temporary, and needs are for lifetime, so if I'm going to spend my bitcoin, I'm always spending it on something I know that it is going to be worthy.
Just like me i don't use my bitcoin i just save it and make a lot of money out of it. That is why i always try to get bitcoin and not spend it to make some money out of it.
2  Economy / Economics / Re: Can Bitcoin End World Poverty? on: November 14, 2017, 11:55:00 AM
I don't think that this will happen because a lot of people don't even know about bitcoin and not everyone on the world has internet so a lot of people may not be able to use or invest in bitcoin. So i think that it will never happen.
3  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: November 13, 2017, 04:30:52 PM
I think that if you buyed a lot of bitcoin in the past then i should wait because there is always a chance that bitcoin will one day reach 10k or maybe even 20. And if that happens then you would have made a lot of money  but if you buyed your bitcoins recently you should sell at a good price so you don't lose.
4  Economy / Economics / Re: When is the right time to buy bitcoin ? on: November 06, 2017, 09:21:18 AM
I think now is the right time to invest bitcoin, we can not turn the clock and if it can we will return to 2009 when the price is not more than $ 1, rest assured invest now then we will profit tomorrow or the day after tomorrow.
I agree because the Value can rise to 20k in the future so it is very smart to buy bitcoins right now or wait for the bitcoin to drop and then buy because of course you can make the most money out if it.
5  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: November 02, 2017, 10:20:49 AM
I heard from it when i was in the jungle for my expedition and it was very cold so in my tent my master told me about the bitcoin and blockchain and i tried it back home and i immediately saw that i could make a lot out of it.
6  Other / Off-topic / Re: Young people should go all in on bitcoin on: October 24, 2017, 02:48:02 PM
I think if you people start investing in bitcoin right now it will be to late for them because the value is already pretty high so by buying bitcoin right now won't make you rich any time soon. So only if you know how to trade i would let young people invest in bitcoin.
7  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: October 23, 2017, 09:09:07 AM
Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

I don't know if that is possible. I believe that bitcoin will be known all over the world in the future but i doubt about replacing USD with BTC because not everyone can adopt changes in monetary system.
That is just his opinion, everyone can have their and even if they believe bitcoin will replace dollar it seems like it's an impossible mission for us
backers of bitcoin. Dollar is so powerful and that is the money of a certain country and the central bank won't allow that, they even want bitcoin to be regulated so they will control us.
The usd is the universal money in the market of the world so even we want the dollar to be replaced by bitcoin then i believe that it is still not enough for bitcoin to replace dollar because it needs the government to give permission that they will allow bitcoin but in the reality, it is very impossible for bitcoin to replace dollar because all the countries are using dollar and they will just disagree if we will try to propose for an replacement.
I think it will live alongside the dollar as a form of main paying method throughout the whole world because in the future everyone will pay their stuff online.
Or by using a card. I think bitcoin will get its one creditcard.
8  Bitcoin / Bitcoin Discussion / Re: How to Become A Bitcoin Expert on: October 12, 2017, 10:37:21 AM
By becoming a real bitcoin expert you should be at least 2 years active with it you should know how to trade and how to make bitcoin in every way possible. Only then you can become a real bitcoin master.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!