Do You think that at some point in our society, Cryptocurrency will be our daily fiat and be an essential part of our economy? Can you cite your ideas on how Cryptocurrency change our Fiat?
If bitcoin will known as fiat money and internet site become available to whole country i think cashless is being number one choice of people and that's the time fiat money will replaced a digital currency to use and buy everything for daily needs Cryptocurrency as our fiat would be easier for us bitcoiners but it is a long long process for those who are not aware about cryptocurrency and are not computer literate or gadget oriented persons. Not all citizens in a particular country are accessible to internet and some are not even familiar with it especially those who belong in the lower class of the society. |
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I think people refrain from trading or performing task that is related to crptocurrency or even their own work during holidays. The holiday is intended to harness and express the fruit of the labor one have done in the whole year, thus giving more time to self, family, friends, and other. Holiday is also the time of spending so, I think more people will cash out some of their bitcoin to spend in this once in a year event.
I'm really not sure if christmas affects directly to its price decrease but somehow the logic of the circumstance where in many people are selling their bitcoins to exchange to physical has something to do with the supply and demand. However, bitcoin price is volatile so anytime of the year we really can expect a sudden change in its price but we will look forward for increase rather than decrease. |
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With the unstable increase and decrease in bitcoin is it a good idea buying, selling or holding now? Like yesterday I saw it hit $19,000 on coinbase but today it stands at $16,000
The price fluctuation is what is called the market correction. Sometimes, the price of bitcoin gets high and sometimes gets low that is the nature of the market. I don't think that is a problem because everytime the price of bitcoin fall it will surely get back to where it was and set another price making profit for the investors. Yeah prices are increasing in faster rate and all this show the investor intent about bitcoin and I believe in one thing that price will never fall now because now users are aware of all the techniques and prices will sooner cross 20k and then the next mile stone will be 25k and as the rate of increase continues then every price will be achievable in future we only have to keep calm and wait till our desired value come and then sell. Yes, its true the tremendous increases of price value of bitcoin makes the investors actively invest there money to get a huge profit if they want to sell over a desired prices. And aside of investors mind they expect the price will double in next year 2018 thats what makes it exciting. |
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It is in your hand how to keep your bitcoin. Bitcoin is secure as long as you keep all your wallet,password,private key and dont tell to anyone so they could not steal your bitcoin.
Absolutely bitcoin really secure more than 100x. Perfectly creadet to Mr. Satoshi Nakamoto innovation. Because many countries have trying to make a digital currency concept but they are failed to do. As bitcoin formed almost all over the world have greatly smile. And many hackers in the world wants to destroyed bitcoin and blockchain but they have nothing to do that is more than secure. |
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I wonder as well
People are against bitcoin because they are lack of knowledge about digital currency that can creat many factors making it disliking and contributing a lot hatred to itself and most of all they are passing over the innovations make some can not adopt the new trends because of a difficult to manipulate. |
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Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?
I'm afraid I was sleeping during this event, that I now know it is related to bcash being listed on coinbase. No point in selling my bitcoins as the price is quite low, but I'm not sure if I will buy more right now, since it already recover a bit. I guess I will just keep holding and wait for it to start a full recovery, and we all know what a bitcoin full recovery normally means. So my plan is to wait for a while, and see if it gains some momentum, indicating that it is recovering, I will then buy and wait for it to get to new all time highs in the next days. It happens this year 2017 that bitcoin value is successively increasing tremendously making it into a 1 million plus its rates. And if i have a bitcoin i used to hold it because this was just a preliminary increase of value, so expecting by next year it will reach the value $25,000K. |
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So far in my country bitcoin are not yet legal and not yet ban but the government are planning to make a bill about bitcoin,when i watch a news government want make a list of bitcoin holder so as a bitcoin holder you must declare bitcoin as an asset and I'm sure this kind of move by the government they want to put a tax in bitcoin and I'm worried because it may lead to corruption.
Well, in the case of my country, the government and national bank authority and agencies recognized the bitcoin or the digital currency as another source of foreign money. Good thing of the President and the cabinet, they never strick this kind of jobs having thinking the goodness to the people it brings. |
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This is certainly because bitcoin is showing a lot of advantages that banks can not meet the customer but with bitcoin, these things are resolved quickly and safely.
This can be true if the government will accept bitcoin or digital currencies as a secondary currency. So this is the beginning of bitcoin as a future banking. This will replace the present of fiat so will experiencing a fast transaction with a less transaction fees. |
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Now the best way to double the money is to invest bitcoin, everyone knows that bitcoin prices will continue to rise and skyrocket so invest money into bitcoin is the best and powerful way to get a prfofit.
It is good for the sake of money, money is not a thing to play with so whenever you think about investing money just be careful and invest at right place and secure your investment. Now bitcoin is the thing that is attracting a lot of people to invest money. Bitcoin price use to increase and it is a way to double your money and buy whatever you want to but so this is the reason for bitcoin that people should invest in. Definitely, investing into bitcoin at present is the most reliable and fastest method of making money in a world full of inflation, unemployment and competition. It is very tough for people to get day jobs of their own choice. You never know when you are going to make some good money simply by holding bitcoin in your wallet. This simply demands patience from you than too much hard work. I am sure soon people will leave their jobs. Well, of course many people invest in bitcoin or they buy it in a low price value because they new it that sooner or later it will definately increase tremendously in at the same time. Not knowing they are gaining due to the unstoppable spike of bitcoin per year. |
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This possibility will certainly appear in the near future. A lot of people think about it. For example you can earn FIAT money by selling in-game characters. It is already very close to earn cryptocurrency.
Yes of course it's possible that you can earned bitcoins by playing games in collecting faucets from every reward called satoshi. All this rewards are convertible into a bitcoin because every satoshi has a value of cents in bitcoin, Depends on how many are collect it gains a bitcoins. |
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I will if I can. Just like our local currencies the value is going high. I think its part of the economic value of everything especially for money. Personally, I have no enough fund for that. That's why I need to work for signature campaign to earn bitcoin. But what the future holds is for us to know then. $100k for bitcoin is possible.
Well, for me i will pass it buying bitcoin if the price value is $100K. Because investing bitcoin at 100K USD is a one way of sacrifysing you money into win or lose. So if your are a wise man you never throw your money into a high value, patient is the virtue of choosing what the desired time in making investment. |
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Corrupt Governments tend to ban Bitcoin and other Cryptos since they can't be regulated which means they can't gain anything out of them.
Absolutely the government can banned bitcoin anytime if they strickly prohibited any kinds of bitcoin-related activities like exchanging against fiat currencies and any legal issues it may trespassed. |
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Some countries have already banned the bitcoin. But even so, it can not prevent the growth of the bitcoin industry because many countries still make it legal compared to other countries that it is illegal or banned from them.
For me its not easy to ban bitcoin because of people investing bitcoin and many people using bitcoin because of easy transaction and safety if the bitcoin will gone im sure people can find another way to continue to investing and using bitcoin its very hard to ban it because people can approvest in bitcoin. Absolutely the government can banned bitcoin anytime if they strickly prohibited any kinds of bitcoin-related activities like exchanging against fiat currencies and any legal issues it may trespassed. |
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I dont think Bitcoin will be gone due to China regulation in there government. Since it will be just in there country but there are a lot of countries that are patronizing bitcoin. Even some of the banks in other country are accepting bitcoin as there deposits. I dont think it will die because of China.
Specifically no, bitcoin can survive even without China that's the big answer to that. China is not they only nation that has many investors in mining due to low cost of electricity bill. Many people have involved in mining even in a small country it contains many users to that. And we are dealing with the whole world. |
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Sell when the price is right! Hehehe! That will be an awesome move! Sell when the market is not panicking and when it's all time high!
Of course, it is time to sell when the price is high. It is recommended to all that when the price is high, sell; while when the price is low, buy. Since we're talking about when to sell, sell your coins when the value gets your ideal price. I sell bitcoin when I am already satisfied with the price in which I think profitable on my end. Do not sell because of panic but because of an amazing and best price in the market. |
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I think that why bitcoin is so much special than others currency is the it is easy to use and many people recognized it easily to transfer into cash here in my country that's why many people use it.
You are right the use of bitcoin is now very easy that we can use bitcoin whenever we want and wherever we want. Bitcoin is reliable and convenient to use it has several amount of money saved for people who are apart of bitcoin. bitcoin is safe and well adjusted currency so it is important to save high money for your future as well, this is the reason that bitcoin made life easy and profit safe no one it worry about the security. Bitcoin is special because aside from being the leading cryptocurrency so far, it makes life easier by having the capability to be used as online payment. Its very expensive price makes it extra special too. Many bitcoiners have enjoyed the financial benefit it offers. |
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I chose bitcoin because it is easy to trust and really helpful. It helps me to save and earn money that i know i can use in the near future.
I choose bitcoin because they have a great capability that will rise someday. They have a high value compared to other coins and continuesly grow fast the price value in the market. |
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trading is very difficult, i mostly use longterm strategy, buy and hold. buyin very low price, as low as possible. then sell it when the price getting higer as we've target to sell it. but it will not be easy. sometime altcoins can be move from their fall price in very long time. sometime a year even 2 year.
That is the normal way to earn in trading, hold for a long time especially bitcoin. But it is up to us if we wanted assurance in our investment we can do is invest and when the price goes up, convert or cash out to local currency and when the price goes down, buy again as simple as that for sure we can make profit though that. Being increasing and decreasing of price value is a very difficult and no universal indocators that tells us. We will never can avoid that scheme of value because it part of this game being natural situation of bitcoin that recognized the volatility. But to earned profit you can joined signiture campaign there you can earn huge profit in long term procedure. |
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As i see, its easy to be a crypto expert now, there is so much crypto private chats, and everything is rising up, when all of them were in 2011 or even? most of these experts showed up less than one year ago.
I think in 2018 will be another journey of popularity for bitcoin that makes every extremely awaits is the value on it if we think it can reach uo to $25,000. What must done in 2017 into a business sector is a big chances to double or triple astablishment accepting bitcoin payment spread through out the world. |
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For starting stock trading, you need some money but for investing in bitcoin you just need a computer to start mining and after mining some satoshis you can get a better miner and go on continuing the process.
I choosing bitcoin because i can make money even without funds for other investments e.g. stocks or shares. By making account in bitcoin forum you can earned high profit from there. The profit that you earn can start inbesting in bitcoin and trade it to a high value to make it fiat any time you want. |
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