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In 20 years I think bitcoin will become the primary currency of people and most of the people will only use bitcoin for their day to day transactions and people who don't have access to internet will only go for fiat currency.
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Trading and signature campaign is the best source to earn bitcoins at a moment and I think majority of the people are earning in the same method and if you have some good skills then you can also offer services and get paid in bitcoins.
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Its because of government that bitcoin is not supported in some countries as governments are really afraid that if bitcoin becomes the main currency then they will loose control on money which will end up all their corrupted activities.
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There are multiple ways to earn bitcoins and your income in bitcoins will depend on the skills that you hold as if you have multiple skills then your income would be even higher and in bitcoins you cannot afford to depend only on single source of income.
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Bitcoin can overcome paypal only if all online sites starts accepting bitcoin as a mode of payment or else people will never come to know that they can pay even with bitcoins as paypal is more popular then bitcoin at a moment.
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I think what governments like best are taxes.
So if bitcoins are handled correctly, without any illegal activities and everybody pays their taxes on them, then I am sure that no government would have something against the use of a cryptocurrency.
Unfortunatelly sometimes someof the things I mentioned are not fulfilled completely by a few users.
That one reason why governments are suspiciously against cryptocurrencies.
In my opinion that is just an excuse used by the governments to try to destroy bitcoin, they are going to say that bitcoin will never be able to comply with their guidelines and as such they will never accept it and I think governments will go as far as creating their own coin to try to rival bitcoin. Yes that is a possibility that government will create their own coin on which they can have total control like fiat money and which can give tough competition to bitcoin in future and if it will hold good features then people will surely switch to that coin. |
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Saving bitcoin is not for fun but to secure the future as bitcoin can go much higher in future and if we have saved good number of bitcoins then there is a possibility that we can become rich with it when price will skyrocket.
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Bitcoin is moving like crazy and if the craziness continues for next few years then there is no doubt that we will become super rich with bitcoins so the best thing would be to collect as many bitcoin as possible at a moment.
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I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Why we should talk about future, i mean now is the time bitcoin is having a high popularity and looks bitcoin is a promising investment, why should think of the future. Bitcoin has become a virtual currency, man. Come faster than it should be. We should not trust any investment blindly as anything can happen in future and same goes with bitcoin too at a moment bitcoin is looking good but there is no guarantee that it will maintain its position in future too. |
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Its your first post on forum and do you accept that people will start believing you that you will help them in making profits so if you give them tips for making money is it free or are you gonna charge some fees for your services??
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If internet era comes to an end or the price of bitcoins goes to zero level then bitcoin will surely die as without internet bitcoin is nothing and you would be never in position to use or earn bitcoins if internet goes dead.
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Bitcoin gives us an opportunity to earn money but it should always be treated as an additional source of income and not an primary source of income as we cannot afford to depend only on bitcoins for earning a living.
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I store my bitcoin only in exchanger. As a fund to trade with altcoin.
Because amount of bitcoin I have is still small.
That's acceptable, it is for your convenience anyway but the moment you will grow your bitcoins, make sure you will diversify it to maintain safety. If you have read some hacking incident in exchange sites in the past, it might change your mind keeping your bitcoin in exchanges only. We should pretty concerned when we're talking about to store our Bitcoin. Store our Bitcoin in exchange site, then there were a couple of reason coming in the front. We can't believe any thus of exchange site anymore, it's completely full of risk, possibility to hack anytime. After noticing that we should turn into other methods. Like others I've been looking into the best ways to store Bitcoins and that's methods of cold storage. Many people will prefer to store in BTC exchange site because it is easy to sell and buy coins. if we keep it in cold storage or offline or any other method it is a bit tough to do trading. I also prefer BTC exchanger site to store my coins. It is not safe, but I will not keep more coins, so I don't care for hacking and other things. Its risk to store your bitcoins at a single place and that also on exchange sites as few sites got hacked in the past and that made people to loose all their bitcoins so its good to keep only small amount there and rest should be saved in offline wallet. |
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ETH and XMR are two coins that can give tough competition to bitcoin in future as both of them are performing really well since long time and both have ability to take over bitcoin in near future.
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The price of bitcoin is getting higher and higher and even in coming days it can go much higher and if the same trend continues till the end of the year then we will definitely see the price of 2000 usd or even higher by then.
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Bitcoin is gaining more popularity day by day and its also getting an attention from many new people and investors who are willing to invest their money in bitcoins which will make bitcoin stronger currency in future.
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There are two things that I like the most about bitcoins the first is that I can easily send or receive money from any corner of the world and the second thing is that I can easily gamble online using my bitcoins without disclosing my identity.
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I have invested only small part of my wealth into bitcoins as its never wise to invest all your money at a single place so I have invested some amount in bitcoins and some in altcoins to reduce the risk of loosing money at single point.
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I believe in long term benefits and will not be interested in short term pumps and dumps so I will invest that amount in monero as the future of monero looks really good to me so if I hold them till the right time then it can give good profits to me.
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What are the best investment opetions for bitcoins to be put into?
Please post here!
The best investments and the safest investments in digital currency's field is investing in altcoins or crypto currency coins. We all know that there are many options in investing for bitcoins such as HYIPS, mlm, and ponzi scheme program. This is quite easy money as we expect yet always end up as scam. I do not think that investing in altcoin is the safest place of investment while in crypto coins only bitcoin has the ability to take care of our invested money all other coins have small ups and downs and have small spam of life so investing for smaller period of time i better in altcoins. We cannot afford to hold altcoins for a long term as it can be really risky as there will be many coins which will disappear in future and if you are holding them then it will bring huge loss for you so its good to sell them even you are making small profits from it. |
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