Any ideas what could happen to your BTC holdings if your storing them on an offline hard wallet and want to sell them 5-10 years later? Would there be code issues where the BTC you have now will not be recognized or cashable at that that time ?

Im curious because I bought a hard wallet but have no idea how usable the BTC version i have today will be in the future?

Yes i am new here. I am new at bitcoin and i am looking forward to make more money here. To change my financial status with the help of bitcoin. I am new here but i know that my time here will not be in vain. That i will not be regretful in all the things that i am doing right now. and i know that bitcoin is legit and not a scam.

I agree with your point. A nice perspective you have there.

Bitcoin, although originally created to change the banking system, has inflated itself in the last few years.

I mean, who and why wouldn't take the change to get profits out of the uprise of Btc?
Sure, the long term goal remains to change the banking system and aim for a better world, but while we are at it, is it wrong to make profits out of it?

f I can just buy the refrigerator from bitcoin results so far, I am classified as less focus in bitcoin world, but now after seeing the bitcoin price of this I started focus again, because this year I have a target to buy a car ...

If you are anything?

I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.

It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.

Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?

https://cointelegraph.com/news/japanese-budget-airlines-will-accept-bitcoin-in-2017-install-btms-at-airports

According to this article, Japanese Budget Airlines are going to accept bitcoins this year. They declared that later this year we can now enjoy flights without bringing our wallets but our bitcoins in our smartphones. As part also of their new innovation they have installed BTMs or Bitcoin ATM on the airport for the convenience of their customers. With this we can expect an increase in tourist visits to Japan.

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?

Sandeep Goenka, cofounder and chief operating officer at Zebpay said:
“The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.”
  Meaning further rise!

It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.


"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs

Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?