In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.
I think in the future the value will not be determined by any government but by the world economy as a whole.
Bitcoin greatly enables all that, bitcoin value no one can manage even though it's government, bitcoin is perfect for being the world's currency as well as where we store assets for future wealth and it's already done by some investors to save their money and very lucky |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? my plan is to gather as more bitcoin as I can before it gets to $10 000. This year i guess bitcoin can go up to $1000 and in a few years it will worth a lot more.Im hoping to have a few coins when that happens |
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What can you do with Bitcoins but can't do with Dollars?
If you hold bitcoins for around five years, the original price might double or triple or even be ten times the original, on the other hand if you hold dollars for 5 years the price won't increase enough to make you a profit like bitcoin does. |
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panic happened every where the what is going on?
all the coins in the crypto world have decreased more than 20% especially bitcoin.
this is crazy
if you ask what will happen with bitcoin 100% only you will be a millionaire or billionaire in the future only you to do is post, time adjustment, discipline and also diligence that are the formula to reach that situation for me only diligence and patient to become a future millionaire |
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
if you ask bitcoin will replace gold my answer is definitely yes because bitcoin is increasing the price and it has a possibility that increases than gold, people become rich in this system of bitcoin so if i have you now i will do it now |
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I saw that btc price decreased too much.
Any reason behind this?
Bitcoin price decreased too much because every day people will join to this system they also do what we do because they have also needs, bitcoin decreased price because the money will divide to the people who join here old members or new members |
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I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
for me bitcoin is both bitcoin is asset also a currency because you are the owner of the account and also a currency because it is cash, money, our daily needs and also needs of the people around the world it is asset because you are the owner, you are the one who handle your business |
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The short and only answer is no, bitcoin will not help to solve world poverty problem. Why? Because economical systems, regulations and laws are not the problem here. Humans are. People are so corrupt and flawed that they do not care about making this world a better place, they just care about themselves. That is why we will never have world without poverty, wars and terrorism. Bitcoin is nice tool but it is people who will be using it. That is the problem. Yes! A big yes! why? because bitcoin is a business that no investment if you will do the system you will pass the poverty and if they do the system they will the system too. bitcoin can be end the poverty if all of the people in around the world will do it. And thats why bitcoin end the poverty in world |
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
To me, BTC is just one of my MONEYs.   Bitcoin for me is digital wallet anytime anywhere you can cash out this and claim to the bank. |
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I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it. I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.
But, is it possible?
Bitcoin can be hacked if the system is not too secured we need to upgrade our system, more secrets to more secured |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
I believe billionaires would be involved one way or the other because being a billionaire by virtue of work or inheritance means a lot of risk people are not seeing or tapping into is being taken by the decision maker in which I feel bitcoin is also one of such as those of us who are involved are taking and the billionaires while some are seating on the fence waiting for the "ponzi scheme" to fail. I think that billionaires also prefer investing not all the billionaires but i think the some of them is prefering bitcoin to invest in for their consistent earning so that their money is still moving and growing. |
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Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin
Is this the impact of rising bitcoin prices?
I still haven't seen people interested in Bitcoin, however I have talked about it with a few and it's been pretty interesting to see their perspectives, to say the least. It's not exactly interesting to talk with some of them but it is good to see some outsiders' views on the crypto anyway. Not sure why they started to care now, but I guess that's just how it goes for a lot of these people. Not like it really matters that much to me now. Yah. I am too shocked seeing that it actually reaches 10 thousand dollars and it is very a good news for many users and especially to those bounty hunters like me. |
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i mostly have my BTC on paper wallets in a safe, but i do keep a small amount in breadwallet just for showing people and send small amounts. I think for long term storage paper wallets or offline hardware wallets are the way to go, the difference being paper wallets are free, which i like I actually store it at my apllication wallet in shic i can store manu of my bitcoin and then i can actually convert bitcoin to fiat in which i can withdraw it and buy things that i want. |
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With BTC in such a strong uptrend atm, are you buying altcoins right now? A lot of them are kind of 'cheap' and have been falling while BTC have been increasing.
I bought some last week and it was a big mistake for me. I bought some more today, so far I made another loss for my portfolio. Maybe it's the best to get bitcoin only. I am not buying altcoin but i really earning some altcoin when i earn in a particular signature campaign which i joined in. And it really helps me financially when that token price is high i will quickly sell it for my earning. |
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Good news dude ! Bitcoin price is recovering little by little . From 950 $ some hours ago to 1066$ now ! Buy now till it's under 1100$. https://blockchain.info/marketsIt's actually made my day because I was contemplating whether to sell or hold until I saw minor increases sporadically and I said hold on let me see what this means until I saw it climb back up past the $1000 mark. Yes it really increased in today and it really a good news for us because our holding also is increasing if youre a trader but if youre an investor your money is also increasing. And this rising value i can say that bitcoin is making noise worldwide to have many buyers on it. |
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Exactly, the price is going to come back to what it was eventually. Thats how I make money from other people.
I find that in fact, trading less often would have let me earn more money than i would've if I was just keeping my money in the coin.
Bitcoin and alts are highly violatile but they are on a strong uptrend.
Yes. I learned that when the bitcoin prices dump. And it makes me afraid that my bitcoins in my wallet falls down too. But when days past the bitcoin prices back to its normal value and a disaster for me because i sell it already. |
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hacker are always trying to take money from wallet. I am very worried about the security of my wallet. what are the best way to secure wallet so that my bitcoin will always safe and secured. help me to find me the ways.
Its better if you also mention your wallet do you use in storing your bitcoin. If you want to be more secured in keeping your bitcoin you must activate the 2fa mobile authenticator if you are using an online wallet. Suggested wallet for storing high amount of bitcoins is trezor or ledger wallet. It is portable and and easy to use. Simply by keeping your passcode private to others even if it is your loved ones or a person that has casual relationship woth you. Because you dont know him or her. What if he or she hacks it and get all ylu money. Another tip is that choose a wallet that is trusted by many users for you to have secure storage of your bitcoins. |
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What is the best way to make money with bitcoin in 2017?
For me signature campaign is still the best way to earn this year. It might take too long but it's sure worth the wait. This is really appropriate most specially when you are aiming to become rich and earn a lot of money. There are still different ways but for me, signature campaign is the besy way to make money. |
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Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question.
WHO on this Earth would bake the bread for ALL OF US ?
Robots, you might say?
OK, nice idea.
But then, WHO on Earth would maintenance these robots ?
Another robots ?
I don't think so.
Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ?
We could eat for free, as much as you want?
Cool, but what about overweight then.
Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors.
OK, we have Doctor Robots.
Who would teach our kids? Robots! Who would change the diapres? Robot!
Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots)
But even then, there is one huge problem.
I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away).
So, back to the original question, why do people believe, they all can be rich ?
It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others.
Why?
If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right?
Wrong.
No one would want to sell such mansion in the first place, as he is already rich. We all are.
I understand your point but you should be smart enough to think that it is barely impossible that we will come to the point wherrin all of the people are already rich. Maybe the number of people who became rich through bitcoin will increase but I don't think that we will come to the point wherein all of us are already rich. Keep in mind that there are still some people who has no idea with bitcoin and it is not yet legalizef worldwide either. |
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Bitcoin now is owning and for me, I think it has the capability to be the strongest currency. But I think that time is still afar because bitcoin is not yet legalized all over the world which means some people are still unaware of its existence leading to less users and volume for the bitcoin compared with other currency. |
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