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Yes definitely because Bitcoin have already proved its existence and value. Due to this Bitcoin become more popular and valuable. As per predictions about Bitcoin price of Bitcoin is increasing exponentially. As well as demand in market also increasing. Day by day many new users are investing in Bitcoin even many non profit organisations also working to make Bitcoin future currency.
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When more people become aware that bitcoin can be sent as remittance cheaper and easier than can be done with paypal, then yes, bitcoin will overcome paypal. The thing is, though is that paypal is a company and as a company it can consciously make an effort to advertise and promote its services. Bitcoin on the other hand isn't a company and can't consciously decide for itself to go out and market and promote itself as a remittance option for payment, services or whatever.
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To make money in the crypto space, you must first ensure you acquire knowledge in all the cryptocurrency section and decide on which area you want to pitch your tent to make money, listed are the arears you can make money which have work for me, free Airdropall you have to do is to apply,Investing into ICO with this you can make profit if you invest in good project which can be over 100X,Bounty Campaign if you do not have fiat to invest you can start here and hold you coins which you can Trading to invest in order ICO.
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I think its hard to explain to kids and teenager about bitcoin yes most of them on this forum are student but most of the teenager and kids are playful. The kids plating toys and do not care about this for sure. Teenager also are playful why? Because many of the teenager is addict by playing online games .Teenager is not really open minded about this opportunity those teen that accept bitcoin is open-minded and wants successful life.
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by having a lack of knowledge and lack of interest or maybe they loose their profit in investing some of the ICO, i wonder if theirs a people who doesn't have a profit in bitcoin because if you hold your coins before you will have a profit now unless you use it, they always find where is the proof or something before they believe bitcoin exist.
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If the exchange rate of USD and bitcoin becomes higher a lot of people will invest to it, and soon transactions on bitcoin will be made as well.
Its just a matter of time before the government will try to manipulate bitcoin.
Of course, the lack of control of the government toward this is a threat. For example, On illegal businesses, bitcoins can be used for illegal acquisition of items in the black market which I think is possible - government cannot tracked the bad guys.
Also, since the government has no control they cannot taxed every transactions made with btc which is also a loss of income to the government.
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I was shocked at first, and I think if it keep rising like this a few people can invest on this and the they start to invest on Altcoins with lower prices, and this is a good chance to other coins to prove their potential, nowadays there are a lot of altcoins out there, many ICOs are working, many projects are developing. So I think it's a good time to invest on Altcoins like ETH.
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Last year my experience with Bitcoin started as well as with various other cryptos.
I was scared for few weeks, tried to seek knowledge about it. But none of my local friends could help me. Later a online friend directed me to this forum and various other websites related to cryptos. But the first time experience was a one time, after I understood the system it was another set of feelings. I felt it as an achievement.
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Gold will be hard to replace with anything including bitcoin, I'm sure even though bitcoin is legalized by all countries then gold will continue to be used and become the first choice of investment, this is because gold has a physical form, can be seen, accepted by anyone and anywhere.
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Bitcoin is definitely changing the world we know, and from my point of view on better. Bitcoin and blockchain technology brough something new, and changed our view of currency. It could affect many things if world accept it fully. It could change speed of trading, also it could give better safety (bitcoin can not be forged). Third parties would still be needed, but even in that part it will lower needs for it. Bitcoin is affecting everything in economic world.
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Bitcoin is still in the early stages And in futures we would see Bitcoin replace Fiat and payment processing system. Currently Bitcoin has been serving as a store of values and mode of payment it just that it has not been regulate by any governmental agencies. Bitcoin is a good money and is a good financial system and I do believe that Bitcoin is the future of money.
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I think Bitcoin (BTC) is here to stay. As many have stated on this tread and elsewhere on the Internet there is only a limited number of BTC coins ( 21 million ), because of this fact the demand exceeds the supply increasing the price of Bitcoins. Also since its the first ever cryptocurrency, there will be an additional value based on that fact too. I am not sure we would see a wide spread use of Bitcoins by businesses and individuals to buy/sell services and products. Though it many not be used extensively like US dollars the idea and what spins out of it ( a wide spectrum of altcoins ) would definitely keep on going for many many more years.
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We all know that year pass now and bitcoin is still alive and many of us are beliving in bitcoin that will live for long term or many next will but for me there are future of bitcoin some of our economics are now amazing because of bitcoin and now the prediction about bitcoin is good because i know that someday we can use our bitcoins to do some payments.
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their countries , their laws . it ra\eally depands on your definition for no supproted too, of er speak about banning then as far as i know i know i don't think there is a country that actually banned bitcoin, at least nothing official and if there is then its related to the banking system with one way or another. if its about the lack of usability in atms , local shops then there are plenty of countries and it takes time as some countries have more priorites.
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it's a no no mate. You can't guarantee that you will earn as much profit in real jobs with Bitcoin. You need something to support you in case everything went south in the crypto world. That's why you should not quit your job, not only you will help the economy of your country, you will also prevent some problems incase something bad really happen.
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The difference between bitcoin and real money is bitcoin couldnt get in touch but real money we can touch it, right?
but in the system bitcoin and real money so different bitcoin can used by people from around the world anonymously
but real money only used for their country yea we can use it around the world but we can exchange it first and we can't use it anonymously
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in different way we can explain bitcoin to teenagers or children, But first we have to told them the actual meaning of bitcoin . then we are telling them about the opportunities &the profit of bitcoin. then we tell to teenagers we tell to teenagers or children how is ir work! then if thr are really understand it then the can use it in different ways like shopping , earning from it etc.
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yes, anyone who has had a lod of bitcoin in the past , would be surprised to see the current bitcoin prices , even some of them regret for not holding back the bitcoin they have. if they hold 10 btx to date , i think they have become milionaires.
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