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Happy Holidays for everyone! And low fees and quick confirmations for the future ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Hello, There is ongoing talk about bitcoin that this bubble is going to explode soon. I learned about Bitcoin from http://technogeek.review/ and I have invested about 1.5 lakh in Bitcoins. even the same website is saying that it is going to end soon. Currently, I am in the loss, so can not even withdraw my money ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Never risk more you can afford to lose and it will be OK. It won't fall back to 0 so you have time to decide what to do with your investent
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Excellent news for the Cryptocurrency market. This step shows that the business is turning in the direction of working with cryptocurrencies
If they will accept it, they won't give you the change in bitcoin, they will give you change in fiat, they need to keep every little piece of bitcoin, if they think the price will go up in the future
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It's a rumor but you know as they said, in every rumor there's an element of truth. Gradually, someday amazon will implement bitcoin as one of the payment processor. Thousands of merchants globally some of them are Microsoft (via XBOX), Overstock.com, Subway, WordPress.com, Expedia and Virgin Galactic are already accepting Bitcoin as a form of payment. Now Amazon will go with it. https://coinpedia.org/news/is-amazon-accepting-cryptocurrency-payment/We cannot deny the fact that bitcoin will be the future currency, not discriminating our fiats but because its a digital currency and mostly those merchants sell digital goods, its better for them to adapt to changes. It will also save a lot of hassle from both buyers and merchants. This will be true as soon as the merchants will be able to pay for their expenses (electricity, labour, etc.) with bitcoin, so they won't need to exchange their incomes to fiat. But until then the bitcoin price is too volatile to rely on...
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To understand this whole system better and gain some experience in trading, but I know that it will take time to master these skills.
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We all know the advantages of BTC, but what are some of the disadvantages??
We all know that bitcoin has an advantages and disadvantages, the disadvantages of bitcoin are Lack of awareness and understanding, risk and volatility, still developing and In Conclusion. And the acceptance. Merchants should search for a way to accept bitcoin and this could defeat the disadvantages.
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This is one kind of the Future money. Bitcoin will help P2P payments and will help to speed up international money transfers.
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Yes, it's really surprising, because it doesn't stop, it just goes higher and higher... Hope it will last long ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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It's like forex or gambling, you just only risk the amount you can afford to lose, not more. If you just stop to go to a party at Saturday night once per month and you invest it into bitcoin, you can have a much bigger party if the price doubles ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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No because you can't create various rings, earrings out of bitcoin, you just can buy them with bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I hope it won't end soon, I'm just jumping on the train, so I don't want it to stop yet
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I don't have any bitcoin yet, so I'm trying to get involved thru this forum. My experiences are good in connection with this forum, so I'm trying to search for the ways of gaining bitcoins. I don't want to put my life savings in yet ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoin needs mass adoption in order to be able to pay with it, if this happens, we won't need to convert any bitcoin into USD, just to alts
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No, the two things will live next to each other. At least for the coming 10 years. People are usually afraid of the change so this will be widespread slowly. This is valid for the possible national currencies too, not just for the cryptocurrencies.
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For me, a disadvantage is that without internet, we can't do anything with the bitcoins. We have to have internet connection for the mobile wallets or for the computers to deal with the bitcoins. Why is it not possible to do a transaction between two mobile devices using the same mobile wallet app without internet connection via NFC and when internet is available again, the two devices can send the transaction to the blockchain.
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Should have joined the show earlier, not at $6,000... And it's just a few years time (or not years, few month it was about $3,000, so it has already made 100% since then...)
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In my understanding both of them are able to store value for longer period of time. You can't compare them directly because gold is physical and bitcoin is virtual. I also think that in the near future more and more people will live their life inside their house and do everything via the internet, so maybe that time the virtual gold, the bitcoin will be more valuable, or at least useable.
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Very good picture, thanks for sharing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If I were you I would send him a hoodie or give it to him personally and have a few friends nearby with phones to catch a photo about his face ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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There are only a few of them and they are charging at least 10% fee or more... It's quite high, so I'm not surprised that the usage is low. You can't rely on them, because they're offline randomly. If the mass adoption of bitcoin happens, and paying by smartphones will be the part of the everyday routine, maybe the ATMs will be more popular
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This is sign that bitcoin is going mainstream and we would need to invest more as I am planning to open an exchange business in my country. I have also meet an artist to design this kind of big signboard for me. We should put bitcoin sign on every business we do. I was in a meeting last week to have discussion with owner of a boutique's management and I recommend for them to put bitcoin sign on they doors as way to outsmart they competitors. Time is coming when most of the online store are going to accept bitcoin as a means of payment.
Well, maybe the sign of bitcoin is on the way to go mainstream, but not yet mainstream... Are the boutiques legally enabled to accept bitcoin as a method of payment? If there's a doubt, they can face legal issues from the tax authorities... But I hope this is just a problem of now, and later there will be no obstacle accepting bitcoin as a legal method of payment...
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