Both have their advantages yet different. Initially, you'd be opted to buy bitcoins in their lowest value, and from there you can hold on to them until the value gets higher.
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It's a slow cycle of a bitcoin. It'll fall and it'll rise, the unpredictable part is when will it reach its certain peak.
It's very slow, but its value will keep rising.
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I do agree with some people here. It does sound like a great innovation to mine coins using the big screen, but how about its power usage? Will it be okay for the electricity bills? This has yet to be tested.
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To answer the point of your question: A very, very big Maybe.
But I don't think that is going to happen as bitcoin is still a very popular cryptocurrency out there.
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The world is kind of ready, but many people still misnderstood the concept of bitcoin and many other cryptocurrency. They need to learn its technology.
As far as replacing all the currencies in the world, impossible. Fiat money still has its uses.
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"Supposedly," which is technically true... if you are willing to buy a very high end computer to mine bitcoins which takes long, and that costs electricity.
Worth it? Yes. Practical? Up to you.
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Trolls wilĺ be trolls. You can't stop them, they will just find more ways to create drama because they thrive in them. They don't care about arguments, no matter how logical it is. The only way to stop trolls is to simply ignore them.
Stop feeding the fire with more fuel.
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I don't need statistics and deep analysis to tell me that, as long as people still have faith in bitcoin it should be fine.
We don't need to listen to those scare-mongers.
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What an absurd notion to claim that there are no women that are interested in bitcoins, or in any particular activities for that matter. I still don't understand where people got this concept.
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Every beginning has an ending. Nothing lasts forever, as they say.
But let's not think about how or when the blockchain technology ends as long people keep using it.
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There will always be people that love to stir up controversy for the sake of attention, or just generally being negative. There are many reasons why they did that, it could be out of envy, different opinion, or worse just plain trolling.
Bitcoin and the whole cryptocurrency scene will never go away as long as people keep using and circulating them around.
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Bitcoin will always remain unpredictable. Its value spontaneously change each day, it's nothing really new. We should really stop beating the topic that is already long gone.
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Who would even try to invest most of what they have into something that is highly risky that may or may not end successful?
Well, I guess there are some cases that it happens. But you got a point. Just invest enough what you can afford to lose.
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Anything you put your money into with a profitable return is called an investment. There is no changing that fact. And due to the bitcoin's nature today it seems to be like that.
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To foolishly jump into an unknown world to get the prize is never a wise man. People need to educate themselves about cryptocurrencies and its risks other than its benefits, and better think if they can even afford it.
Risk-taking is fine, but sometimes regret comes last.
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It's not too late to invest in bitcoin, unless of course if the value is at its peak beyond profitable return, that is.
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Its true value is truly unique of its kind. It constantly changes depending on the supply and demand. There is no set of consistent amount with little changes unlike fiat money does.
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I don't believe bitcoins is a threat to national currencies as they can co-exist with each other. Both function differently but they play their own important role.
But what I truly worry is that bitcoin is a threat for jobs. I've seen and heard people quit their jobs and just depend on bitcoin to earn their income. Now, I'm not saying this is bad, but if you think about it; If all the people joined the bandwagon they are not really conrtibuting anything to help the society.
Ah well. Not all farmers can be rich people, because who will plant the crops then?
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Of course bitcoin will never die. We don't need to listen to those naysayers. What's important is to prove them wrong! But there's no need for proof since bitcoin is still going strong.
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With bitcoin's volatile nature? It's rather risky, don't you think? Your overall savings will be affected if a bitcoin's value suddenly changes.
Sure, in the long run it'll increase, but you'll never know when a sudden drop comes around.
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