|
User : lister storm
Position to apply: Hero Member
Post start : 1057
Address: 1AkRjzBCaJJb8dqh8xK2r3u2uqJiDhMzBt
|
|
|
|
This is a good idea and good news to all bitcoin users hotels accepting bitcoin. This a great achievement because of less effort to those who will use bitcoin. Thus, Im excited for more achivement of bitcoin.
How is that less effort? To buy tickets with a credit card you just need your credit card details and for buying it with bitcoins you just need to use a phone to send it. Basically that's the same thing. Though for bitcoin of course it is really good because that means a bigger adoption that can make it more popular. it's really amazing news bitcoin is day by day most popular & many sectors starts accepting bitcoin.
To be honest, right now the adoption isn't that fast as you might think, there aren't any huge merchants that get involved in bitcoins. And the price growth is just because of the speculations. |
|
|
|
Lets get the party started,im waiting for this skyrocket price in this month so isaved up enough bitcoins to catch up for the incoming huge price hike as professionals traders predicted too
hahahah, it's not gonna happen at least not in a few months time. First of all bitcoin is going to drop right now because it was going up for quite a while and it has to have some kind of a correction soon. Besides that there is going to be a uasf soon most probably what might even lead to a chain split what would be horrible for bitcoins. To be honest, if I had a lot of bitcoins I would just sell it now, though it's just my opinion. |
|
|
|
I definitely 100% use a paper wallet. I also made a copy of it and stored it in a different location, both are laminated to be protected too.
though are you sure that no one other than you can find it? To be honest I think it's one of the best ideas to store bitcoins though you need a lot of stuff to do to make it safe. In my opinion it is better to just use a hardware wallet. In this way you will have your bitcoins safe and offline. I have been using Web wallet since I started using bitcoin, precisely blockchain.info until recently that a fellow bitcoiner on the forum told me how bad using Web wallet can be for me eventually. He stated paper wallet or desktop wallet as more secured. Still looking into it though and I hope to start utilising one of them soon.
yeah, basically that's the same thing I use as you did before. Online wallets are the easiest and are good for small money to use it as a hot wallet. |
|
|
|
Definitely I believe that bitcoin will be +10k one day. Id assume after 3 to 4 years we won't see under 10k anymore
well you might be right about it, but right now the price might really go down soon to even such low prices as less than 1k dollars and I wouldn't be surprised about it at all. There is going to be a lot of stuff happening which might even lead to a hard fork and two bitcoins. I don't even want to think about it because it would be disastrous and ethereum would take the first place. Basically bitcoin would become obsolete. |
|
|
|
My worst decision on bitcoin when i bought bitcoin on high price then a couple of hours the price went down and as a result i panic and sell it even i will lose a lot of investment. That's a newbie mistake from the past and it happens long time ago but now i learn a lot from that.
I think nobody knows when bitcoin prices will go down. So it's a natural thing when you buy and then the price goes down. As is the case today. Many people are losing because the price drops very quickly well you kinda can guess it because for example right now there was a huge bubble not a long time ago. Then the price dropped a little bit and right now it is coming back again. I can almost bet that it is going to go down right now to like 1500 dollars and I wouldn't be surprised at all. The price was going up way too much and too fast. |
|
|
|
We cannot say if yes or not but for me i think yes because so many people or users use bitcoin and it so convenient when paypal and bitcoin is combined.
Yup, but paypal is used by even more people all across the world for daily transactions and the fees of it are not too huge. While bitcoins get bigger and bigger fees because of the full blocks and the ridiculous discussion between core and unlimited. To be honest, I'm pretty sure that people don't even care which one is going to win, the users want to just be able to use bitcoins at this point. |
|
|
|
Those wanting to scale crypto remind me of people who expect to have great internet multiplayer gaming using a WIFI router.
Encryption & cryptographic functions always slow things down.
Whether its a WIFI router or bitcoin, it could be guaranteed that it will always be somewhat slow.
of course it will get slowed down. Everywhere where money is involved there are many disputes and this block size dispute might actually be destroying for bitcoin unfortunately. It is sad to see that the desire for money is stopping such a wonderful technology from evolving. thus we have to do the uasf as the miners will not agree on something that will cut their profits. |
|
|
|
I wont be using segwit addresses if they are coming out. there's a possibility miners could at some future point decide not to validate their signatures.
there is a possibility, but it will not happen, it's like saying that it is possible that miners will stop accepting transactions and destroy bitcoin, of course it is possible but won't happen. Just think about it, if they actually decide to not validate the signatures they would kinda destroy the bitcoin because if segwit gets activated literally 90% of the users will be using it in order to send over the money. |
|
|
|
There are still cheap transactions but they are very unsecure. You can't know whether this transactions will be ever confirmed or not. It's the best to use wallet where you can control the fee or where the acceptable fees are suggested. I guess this new fees are the price we have to pay for using Bitcoins.
So it is not a legit way to actually have cheap transactions, having a cheap transaction means sending it with a small fee and getting it confirmed at blockchain fast. To be honest there is no way to do that right now unfortunately and you need to pay something like at least 1 dollar per transaction which is ridiculous. We need the uasf asap, then with segwit we can send money easily and cheaply. |
|
|
|
Bitcoin can only become an additional digital currency instead of credit cards, but cash will remain for an alternative payment option.
To be honest, I cannot agree with that. Bitcoin is a way better currency than fiat and requires less time for transactions, besides that, the fees are really small. I think that bitcoin will definitely replace fiat at some point, the only question is when it will happen. Also it shouldn't be just bitcoins, there are tons of more cryptocurrencies that have the potential on becoming even bigger than bitcoin is right now. |
|
|
|
Now I have a 0.95 Bitcoins. I've had more, but I had to sell them because of some circumstances
That's large amount dude. in this time I just hold 0.8 BTC and that's not large. Most of the people are having same intention to fill their life using bitcoin in this time. too difficult to gain more bitcoin in this time. In contrast, my bitcoin is less, I have only 0.5 bitcoins. Bitcoin prices are a bit high, I do not intend to buy. Living expenses are too large, can not save wages. I choose to participate in the signature campaign to get bitcoins, the only option. That's right. Saving Bitcoin is not something to take lightly. It is more of a high risk, high reward kind of thing. Only do it if you can and have the balls to do it. I currently hold 2.5 Bitcoin and plan to get more. From what ,I can see, bitcoin is at a great place to buy now, from a long term perspective. That's like 5+ years. FYI, less than 10 BTC should not be considered 'a lot'. I can save 10 BTC in just a matter of year but right now I only have less than 10 BTC because I have to do first some priorities in life that requires me to spent.. It's not that I do not have the balls but I just need to be practical, as soon as I have more excess from my total income, I would consider increasing my savings. It's very inspiring to save now with the way the price has move recently, for sure in 5 year time, I can already double my savings/investment. how would you save up that much money in just a one year? I mean stuff like trading would definitely not help because it can make you only small profit, while for buying bitcoins you need to have a lot of free cash. |
|
|
|
i dont have Ny money left so i am not worried aboutany crashes.. by the way we can see the price at the highest levels so being crashed has a lot of chances
The world economy might crash. but the bitcoin price will rise. Everything ends if to think philosophically. The new financial crisis is going to happen in the world who knows when, maybe it even will happen exactly cause of bitcoin. We will see. Yes, if a lot of people will only use Bitcoin, then there is a big chance that the economy will suffer. It is for this reason that the government is wary of cryptocurrency nothing would suffer but the governments that have way too much power when it comes to money and stuff like that, i think that big crash is not coming, of course there will be a drop after such a big growth but not a crash. |
|
|
|
Fiat is the one that has given the best financial service for all our needs. If fiat is not there the system will collapse entirely, so fiat will rule the world even when bitcoin and other currencies increase in acceptance.
you are right that at the moment fiat is the best financial system though in the future all the things might easily change, I think that bitcoin will be a national currency in the future. |
|
|
|
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Bitcoin and Gold are both have value in the community. But the difference was in terms of technology Bitcoin surpassed the gold and bitcoin is very open source to any citizens all around the world, unlike gold only can afford type of people can have a chance to have it. There is no denying that indeed bitcoin is the new gold for today because people just love the way it is working - very convenient in terms of online commercial transaction. It is a really a fortune to some individual now who ere just very simple and now got lots of money already. Nobody argues yato Bitcoin - it is very convenient. But Bitcoin is not as reliable as gold. The price of Bitcoin is constantly changing, which makes it not very stable well bitcoin is reliable because the price is going higher or lower with the overall trend up, gold price is also fluctuating just not that wildly, doesn't that mean that bitcoin is not reliable as well? |
|
|
|
I can say only one thing about that to be honest, and I am pretty sure that I will be right about it: if you really want to make some good money out of bitcoins, then just hold it and eventually you will become rich.
It can't make me be a rich person. I just hold a bitcoin and does it makes me rich in the future? because we need to do an effort to become a rich person. But with a lot of the capital and hold bitcoin is the right way. I completely agree - Bitcoin is the right way. After a few years the price will grow significantly. This will multiply our capital and make a good profit do you know that the price can also go down really quick and not only up? History has also shown that after a big growths come big drops, so I would not put in too much hope into coming rich out of holding bitcoins. |
|
|
|
No. Your time has past to do it. You do realize the price has not been this high in the history of it's existence. Don't you?  so what, it will most probably come down to like 1000 usd so it will definitely be possible, the price cannot just go up and never down, it is just how bitcoin works, we are on the bitcoin pump right now, so expect it to drop. |
|
|
|
Bank is very important and its wrong to say that you shouldn't trust banks its so important to bitcoin cash out as exchange. Banking is very popular to people and being recognized by government as the safest storage of peoples saving as well as thier assets. Many business rely on banks and they are growing bigger as economy rises progressively.
well at the moment as bitcoin is not accepted in the whole world still by everyone, we still need banks, but in the future when bitcoin might potentially replace all the currencies we have we will not need any banks. |
|
|
|
My understanding of bitcoin:bitcoin is the world's most free assets.This is the first time in the history of human use of technology to achieve the protection of private property of the sacred inviolable.You can destroy my body,bitcoin can not worth a hair,but mine is mine, and no one can take it away.
But this time bitcoin is not free assets. i can get my bitcoin without electricity and i can spend them without the network to get an interaction with an internet.  What you mean you can get bitcoin without electricity? How can access with bitcoin without internet connection? Is that possible? Is that how bitcoin is free in your country? How? i do not think that thee is any mechanism to use bitcoin without any electricity and internet connection for using bitcoin internet connection is necessary and without internet connection i do nothing that one can be able to use bitcoin. Bitcoin provides total freedom, but when the delay in transactions will become fine and Bitcoin will be available to use physically or atleast at most/major stores, then it will be a complete freedom which everybody will enjoy. Yes, you are right, Bitcoin will give us complete freedom from high commissions and control. Only need to solve the problem of long transactions that is kinda true, it is really good that all the power when it comes to the money goes to people and not the government, in this way we can make sure that government does not manipulate money. |
|
|
|
Can you explain exactly what ETF is ?
ETF is exchange-traded fund in this case we are referring to - Winklevoss Bitcoin Trust COIN. Normally ETF keeps assets such as stocks, commodities, or bonds (in this case Bitcoin) and trades them. We all are waiting for 11 March which is the deadline for SEC, they will either give ETF stamp of approval or disapprove it (again). I have mistaken that "whaaat? 9th march" date as if asking of dump events incoming right before the deadline. To be honest I am totally exspecting the SEC to shutdown the ETF. Would be a major leg upwards, reaching into big capital markets. They will not allow that, you can smell bribes, hookers and blackmailing working in the backgrounds. So my expectations for the 9th are: A dump will happen. But china doesn't have anything to do with that. I wish you are wrong, if there will be a dump that will happen, it will probably affect the price so much as we are in the upwards direction now and in fact we are about to cross the $1,200 again. China is known to be the biggest holders of bitcoin, but it's not guarantee that there will be a dump that will happen. Indeed, for now there are many community are holding bitcoin sue to maybe perhaps they an idea by that month there is another new step up level for bitcoin value will be happen, as the price we had it now the projection of many are now beginning to happen. You are right, if the price will continue to rise at this rate, it will come true boldest forecasts. I hope that nothing bad will happen after March 9 that is just a guess on whether the price is going to be rising or it will start to go down, no one knows what will happen, I hope that bitcoin will at least be on a thousand dollars each |
|
|
|
|
Show Posts
