Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
Indeed. Those what you have stated are really those good points that let me decide to choose using bitcoin cryptocurrency. Not just because it is merely innovated and modernized version of our real money, but also it can be am easy way to access your holdings through a virtual wallet and also you can gain this cryptocurrency through the use of also an online platform in which it is beneficial on our part. Fast transactions are fastly done to ensure that the recipient will receive the money on time. |
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
That was one thing that is really bothering most of those people out there who are against bitcoin. Maybe the fact that the natural currency we have right now has already upgraded into a higher and more modernized version brings them the thinking that it might be too risky and too dangerous to get along with. But the real thing is they cannot state it fully if they will not understand the real essence and the reason of bitcoin existence. Many people tend to be against bitcoin because of the allegations, speculations and issues that are attached or being put upon bitcoin cryptocurrency even they cannot still prove that it is true already. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I think yes it will. Since people tend to gain an easy money for an instant way as possible, many people will still go beyond engaging into bitcoin even the price will be just stable or stay constant as it is. But it might be impossible that bitcoin will just stay on what it is because one characteristic of a currency to be considered is it undegoes certain improvement which is beneficial and sustainable to mankind. |
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Bitcoin as a course or any related currency on web.
In my country we have multiple courses in computer especially programing and web developments. My course is also information technology, but i've never heard or learn about online currency as bitcoin. In present, and future studies is there any chances for inserting about it in education. In your country is it available?
It would be better for any country to adopt bitcoin in educating new generations. Instead of playing games and wasting money in surfing xxx sites.
It will be great if bitcoin will be put up into the education system but I think we do not need to talk about it anymore just to get it into the school curriculum of college eduacation. Although it is important to let the people understand about bitcoin since it was already widely spread and used worldwide, I think it is not literally in need to study it in college. But if it will be implemented, that will be also totally fine since there are related topics and subjects to teach and tackle about bitcoin to make it to understand effectively. |
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October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?
I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.
Yes. I was totally and absolutely surprise to the fast price increase that have just happened within the bitcoin cryptocurrency. Although it was already proven that bitcoin can really go through that scenario of raising into a large price peak, I still find it surprising for my part because it seems like to be so fast and I was afraid that it may also dump really fast. It is still good for me that the price will rise on a slowly but surely basis. |
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Base sa aking naunawaan ay ang pangunahing layunin ng proyekto Cashaa ay upang maging malaking tulong sa mga magiging kabahagi nito na pamamahagian ng CAS tokens na makapagsagawa ng loans na mayroong mababang interes lamang na singilin kumpara sa mga mga walang hawak nito. Magkakaroon din ng madali at mabilis na pag-access sa cryptocurrency coins na mayroon ang user upang maging mabilis ang pagmamanage nito.
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It's almost like we don't value it for itself, but what it's worth in "real" money.
It's not just that we do not value it based on its original value as a currency. It just so happen that the main reason why people is always converting their digital money into real one is that the presence of real money is still preferable by many people all over the world since not all are still accepting bitcoin as a term of payment for availing products and services offered by them. Do not also forget that the value of bitcoin was still based on the real money which can be converted into different national currencies of different countries including dollars. |
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
Yes I do really agree with you. It is practically not right that because of China's loss in the bitcoin community because what they have done on banning bitcoin exchanges in their country, we can now conclude that bitcoin will die. No it is really not just like that because China was just only a part of the big bitcoin community even though they are a big loss in the community because a lot of big potential investors can be located on China, still it does not imply that because they are gone, bitcoin will die. Remember, there is still a big percentage of bitcoin users in the world that was enough or more than enough to keep bitcoin going. |
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In my personal experience, I first heard of it 1 year ago in a online forum game, people sold gold for Bitcoins, around March, gave it no importance at first. Now im kinda utterly commited to it. Really an interest subject of study.
I have first heard and got encountered with bitcoin in our school when I accidentally over heard a group conversation of my classmates talking about a certain thing in which they are talking about a thing called a cryptocurrency whicb has a name bitcoin. In my long life of existence, I have never heard yet such thing like that so I got curious and when we got our lunch break the same day on our cafeteria, I asked them about it due to my curiousity because I have heard them when they say that they are earning an income through it in which I also want to have. |
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Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
If I will be asked to choose between those two if I am going to be a strategic or smart person, I will not choose either of the two because I would rather choose both since both are really essential and helpful especially talking about money earning that will be used for the sake of our future purpose. I want to be a strategic person and at the same time to be also smart so I can easily manage myself worth on handling and earning money with the help of those two characteristics in which if we combine will result to be a wise person in total. |
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
Explaining certain things on children and teenager must caught their interest and attention to fully understand and will surely encourage them to learn about it even if it seems to be difficult to understand at first. Explaining bitcoin to teenagers and children very well will somewhat push them to persuade on getting into bitcoin cryptocurrency. Of course you must tell them first the benefits they can gain upon entering into bitcoin which will actually attract them to go into it seriously. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
I think billionaires do also invest their money into bitcoin and would have also know the existence of bitcoin cryptocurrency since they have a lot of sources to be updated on the latest happenings in their surrounding specially when it includes money talks which is good for investment purposes to make their money grow into much greater count. So I bet billionaires still do invest into cryptocurrencies such as bitcoin because it is well known to have the potential and capability to make your money grow even you are just saving and holding it and what more if they will invest into it. Probably they will see it as an opportunity to make their money grow more. |
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China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.
In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.
So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.
Although the banning of bitcoin in China occurs that has a direct effect on the bitcoin's price rate, I think that was not an enough issue to state that bitcoin will be "dead" and the bitcoin users will be totally affected just because we loss one of the major contributors wherein huge potential investors can be found. China is just a part of the bitcoin's big community so there is no reason for bitcoin to die since there is still a large population and countries remaining to support bitcoin and those are enough for bitcoin to stand again and regain its loss from the recent happening. |
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Definitely, China's banning of bitcoin exchange it their country do really play as a bad and negative effect on the bitcoin price rate since most of the big potential investors can be located and belongs to the vicinity of China in which the banning takes place and do really have a direct effect on the price rate of bitcoin. But we must still see this negative effect as a positive way to start buying bitcoin since the price drops, it literally imply that it will be a perfect time to buy bitcoins. Instead of thinking that bitcoin will die on the bad effect of China's banning of bitcoin, we must still see it as a great opportunity to maximize our capacity and capability of earning. |
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Bitcoin is usually used by people interested in technology. I mean, persons with a certain technical knowledge are interested in bitcoin.
My observations are that way. I think Bitcoin needs to reach larger quantities. Can use bitcoin in people who are not interested in technology?
Can people use the bitcoin in the profession group like tradesmen, teachers, housewives, firemen, butchers? Are we going to see the days that these people use bitcoin?
For me, yes of course. Why not? Bitcoin can be really use even by ordinary people since being and extra ordinary is not the the basis and requirement for bitcoin to be fully used. Even though you do not have the interest on using modern technology, you can still learn to use it properly and effectively because people can do learn new things as long as he is willing to pursue having one thing that was involve in the thing he still does not know yet. In the case of bitcoin, even though you do have the interest about using technology, for sure you will have it as soon as you know the benefits it can provide in which you want to experience so you can be able to gather it. |
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job?  No you should not. Because working with both bitcoin and your real job can make it more beneficial for you because you can gain and earn much larger income if you will still continue to work on both. Besides, you just need proper time management so that you can easily work on both and you do not have to quit either one of those two. Better think of it, working with job alone is insufficient and also working on bitcoin alone might be sufficient but really takes time so better working on both to have balance on sufficiency especially talking about having great count of money in your hands. |
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Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
I think that was not the real thing to persuade young people. Although you have the point that engaging into bitcoin cryptocurrency while they are still at the young age is beneficial because they can have a lot of opportunities to gain in terms of using bitcoin, they can do also have great earnings because of what the price value can make their money turn into larger quantity, still it do really sounds and looks provocative for them. It is right to persuade them and encourage them to do bitcoin but it will be still depending on their decision not by a forceful action. |
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
There are various reasons why some people still do not know the existence of bitcoin cryptocurrency. There are different contributing factors that lead for this result of the abundance of knowledge about bitcoin cryptocurrency. Maybe some people belong to those countries wherein bitcoin was not yet popularized or maybe it was popularized already but not typically and widely use as a type of currency for payment purposes. It can be also due to the reason that bitcoin cannot be accessible for them due to the lack of upgrade in their technology to cater and operate bitcoin usage. |
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Would you accept bitcoin as your salary in your profession, especially if you work in other country?
For me yes I will accept bitcoin because we can exchange it in our local currency.
For me, I am somewhat favor and somewhat not. Because usually I am balancing my time working into my real job and into bitcoin so that I can have both type of currencies running within my hand. Those are crypto currency and the other one is the national currency or the real money for my daily life expenses. I prefer to have real money because it is the accepted type of payment in most of the estsblishments here in my country. But it will be just fine to receive bitcoin as an income since it has the capability to grow in numbers enabling me to have large income |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Although the price drop is really alarming and can cause you into panic, we must still remain calm because the dropping of the price is just normal on the first place and does not imply to be a permanent scenario. The rising and dropping of the price is just a normal scenario that happens not just on the price rate of bitcoin but also with the other existing currencies across the world. Even though it was dropping too fast, we must still look at it at the brighter sife because this will be a perfect time to buy our bitcoins and wait until the price pumps again and gain our profit. |
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