Probably I would like to ask such person why he doesn't like Bitcoin. There should be at least one reason. Some people hate Bitcoin because they lost their money. How? Probably not secured wallet or by selling when the price decreased or exchange was hacked or taken down with all their money. I would try to convince them to give Bitcoin one more chance.
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Microtransactions in games would be something interesting but too expensive. Even though they are pretty cheap for normal usage, they won't small enough for cheap in-game items. Just use your in-game currency instead. Pokemon GO rewarding for catching Pokemons and walking a lot is a better idea. Payouts could be made from address every 15 minutes for example.
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Yes, Bitcoin sounds like money. If you now what you are doing, you can still earn a lot of money before having bigger amount of Bitcoin is nearly impossible. Right now a mere citizen can't afford 1 BTC. It's a matter of time when 0,01 BTC will be also impossible to get without investing a lot in a mining farm or running a gambling service.
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It's simple. They can't control it. It means that they can print more if they need more money for goverment's expenses. That's something really good but unfortunately politicians won't change national currency to cryptocurrency probably because of that. Why people are looking for money so desperately? There should be limit.
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I don't think it will be replaced anytime soon. Litecoin is a Bitcoin clone which has a lot of upgraded features. Despite these facts, it is worth way less than Bitcoin. Why? People won't ditch Bitcoin easily, it became too popular and it started the whole process of making cryptocurrencies more wide-known and usable.
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Both Ethereum and Bitcoin are interesting projects. Bitcoin value is growing faster than Ethereum's. Altcoins price depend on Bitcoin mostly. Everybody sells them when there's a Bitcoin hardfork or there are some bad news (for example exchange ban in China). I would invest in Bitcoin for now. Ethereum price decreased about 2 times (BTC-ETH exchange rate).
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Many people are asking me about Bitcoin. Usually, I try to explain them how does Bitcoin work and why is it better than conventional money. People usually want to earn money without doing much. That's why Bitcoin is a good opportunity for them. It's not too late for them! Of course, money isn't everything that Bitcoin offers.
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It was kinda hard at the beginning because there were not as many books and online tutorials as we have today but I tried to do my best by studying Bitcointalk. Unfortunately, I didn't create my account back then. Now I'm happy that I decided to work hard. Without this, I wouldn't have achieved as much as I have. I have earned a lot thanks to Bitcoin.
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We still have about 2 weeks before Bitcoin Gold hardfork occurs. People will still buy BTC before it happens. I'm curious what will happen just before Bitcoin SegWit2x hardfork. Will people cash out like before Bitcoin Cash hardfork? Or will they keep their Bitcoin Gold exchanged to BTC. Will they exchange their Bitcoin SegWit2X coins to a real Bitcoin?
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There are many ways to earn Bitcoin often. Bitcointalk really helps with it. Just visit Marketplace section. There are plenty of advertisments of services which pay in BTC for doing different tasks such as translations, making constructive post with having proper signature set. If you have good reputation you can try to provide escrow service but that's something not everyone can do.
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That would be something interesting. Many people may spend even more time outside. Unfortunately, Pokemon GO isn't as popular as it used to be 1 year ago. People lost interest in it because of slow servers, lack of updates and winter! I didn't enjoy it after 1 year break. However, Bitcoin as a reward would be really encouraging. A lot of people would discover existence of Bitcoin.
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Does anyone here know which sites decided to start accepting Bitcoin as a form of payment? Paying with Bitcoin for such service has a lot of advantages. For example you don't expose your identity! So nobody can threaten you in the future with your payment history. If you are crazy about such things you will also need a VPN.
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I read crypto related news everyday. By staying up to date I know if there are any upcoming hardforks or something that may affect the Bitcoin price. Also, I try to observe how market behaves when something big happens for example: recent exchange ban in China and Russia claiming that they will also ban cryptocurrencies.
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Altcoins are altcoins. They won't surpass Bitcoin. Their price always go down when Bitcoin value is increasing or decreasing rapidly. Some altcoins are better developed and work much faster than Bitcoin or have more interesting features. Despite these facts, Bitcoin was the first cryptocurrency which was successful and it won't disappear fast.
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I would begin with reading e-books. There are many books out there which can teach you basic stuff. After that I would try to read Bitcointalk and other crypto related forums a lot. Discussions are great source of knowledge! Also they are great place to ask questions if you don't know something. One should use search function because many topics were already answered numerous times.
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One guy sold his house and everything what he had and traded it for Bitcoin. He did it before Bitcoin reached $4k dollars and look how much he has earned in a short period of time. He can lose a lot of money of course. Many people think it's quite irresponsible but the same people invest as much as they can in BTC because they believe in it.
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I think that Bitcoin value will increase a lot in the next 5 years. I would say that 5 times is a bare minimum. I hope that Bitcoin community will solve some problems regarding scalability. I hope that there will be less hardforks in the future. There are good for breaking tension but if there are too many, the Bitcoin value might go down. Someone has to buy hardforked money from you in order you can earn a bit.
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Advertising seems like a pretty good idea but who would handle it? It would be a hard job to prepare proper advertisment. It isn't easy to encourage people to invest into something that they don't know. Maybe it would be easier if we told them that they could earn a lot of money. It's not a good idea because they would blame us if the price went down.
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I use Blockchain for Bitcoin and myetherwallet for Ethereum, and I also store coins on exchanges)
That's not a wise choice. At least you store your bitcoins in many different places. If I were you, I would keep Bitcoin on exchange only if it was used for later trading. If you want to store it for a long time then you should consider a paper wallet. It doesn't cost you anything and it's more reliable than depending on someone else.
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I know that web wallet is hackable, but since I don't need to keep updating my bitcore wallet, I prefer to use blockchain...
That's why you should consider using Electrum. It's a lightweight software wallet which is secure if you know what you are doing. Remember to encrypt your private key. If you have a lot of money in Bitcoin you should consider buying a hardware wallet. It's more convenient than a paper wallet and they will never expose your private keys.
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