the thing i like best in bitcoin is that it allows anonymous currency transactions. means no one will know about the payment or other information related to the payment including who send it or who received it....
bitcoin isn't fully anonymous your transaction still can tracking by txid,ip address,etc but bitcoin is still safe to use. Yeah everyone in the world can see your transaction but they will not know who you are and thats a good thing in bitcoin. It will be hard for them to know you if you are using bitcoin. Most understand in the wrong way the anonymous nature of bitcoin. Every transaction can be tracked, unlike our banking sectors asking for an identity to do transactions is not required. |
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Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank But, we have common name for system and unit, i.e bitcoin. So, the real war can be both bitcoin vs fiat and bitcoin vs bank. Bitcoin is going to win this war sooner or later but the fittest bitcoin will survive for sure. Well its difficult to say the banks are also strong, I must say the bitcoin is already a step further than banks because its fully digital. But its also the fact you have to keep in mind the bitcoin is still not stable and banks can have influence for sure, no doubts about that. Overall I think the bitcoin can win but it will be a long journey! The banks will disappear later in the future I think, because of Bitcoin. Because Bitcoin and the online wallets are now more used and that is very good for Bitcoin. The normal banks are now reducing. And of course many people need their banks, so they cant disappear now. I think if the bitcoin ATM started everywhere in the world and many service providers for ATM cards like visa and master start to load with bitcoin with relatively lower fees then definitely banks will disappear. This will never happen. Most people don't trust cryptos because of all the negative stigmas it keeps having added to it. As long as people continue scamming and stealing, this isn't going to change at all. That's the reality. Why cryptos has not received the trust as the dollar or some other currency is due to existence of a large number of coins and getting vanished in a short term. So when such scenario change bitcoin wallets will be used most. |
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Holding gives assured profit rather than investment, because investments sometimes gets failed but our technology will never fail at any instance.
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10k this year is really far from reality,the demand for bitcoin is not that essential to others and still bitcoin have a long way to go before it can reach that amount.
10k itself is a dream, so 10k in 2016 seems to be something higher than a dream. Everyone would be happy if such scenario happens in reality. |
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These days I'm gambling a lot, so I spend my Bitcoin but you can call it investment too. Because I usually win and get back more coins. I only play for the most possible (guaranteed) bets. If I need something digital I'd use my Bitcoin to buy too.
Thats the best thing which can be done with the bitcoin. gambling gives excitement when I was a part in it which can't be felt in any other form of earning. |
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No I do not see this happen if I'm honest because the dollar is way to big to take over in such a soon time period if you ask me.
It will take years to even concur with the dollar in my opinion.
That's true I don't think that bitcoin can replace dollar ever in future as dollar is more powerful then bitcoin and we have more users of dollar in compare to bitcoins, so I think its impossible. Bitcoin won't replace dollar in terms of value or the users. Though bitcoin has reached a high growth in a short term it might get used as a currency in future, but replacing will not take place. |
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By spreading this rumors big whales wants to take an advantage that people would get panic and sell their coins at lower price so that they can buy it and sell it when the price is higher.
That could be one idea. Maybe they sold their bitcoins at a lower price and cannot buy back. Spreading rumors that bitcoin is dead will make some sell and give them the opportunity to buy at a lower price. I don't think such a plan will succeed. Just the people who were not much aware of its nature spread this rumours, such rumours are not gonna affect bitcoin's price. |
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Let's cut the crap. Most of us are just waiting for Bitcoin to finally hit $100 to buy a huge quantity. Am I right or talking out my ass?
Honestly, yesssss!!! Lol preach on brother! But that price is like an impossible price. Community is growing many are stacking their coins. With them keeping it will be a high demand and high demand means a larger price. Thats correct when the supply of bitcoin is being cut short then its price will surely rise and people who are holding their bitcoin will be the one to profit more. Yes thats the reality, Bitcoin price will increase when the supply decreases. Its the right time to buy as the halving is coming soon. So no need to wait for such a fall of $100(impossible). |
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I think not, btc are still new for people. Maybe in future it will be independent but now we have what we have. But it's also not so bad, eveything dependent on smth
Yes it is still in maturity stage where it will be known all over the world even the people who aren't educated much will know that there is a currency like this that exist online. Maybe that way they will pursue an education in how to use a computer. Dependency doesn't mean the system is not capable of running on its own. The dependence here is something like an alternative. So bitcoin will depend on fiat till some collapse occurs. |
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Bitcoin as a digital currency has given assured return back with high profit.
It also experience price fluctuations which make the bitcoin earning
more enthusiastic.
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Not the smartest thing to do to quit a full time job and get into bitcoin as full timer, if bitcoin collapse in future then it would a terrible situation to face by you and your family.
Thats the reality. Only a few family support such efforts. This support is provided only if his parents or partner is a part in the growth of technology. |
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$10 bonus? That's a great rate seriously!
You can exchange it in localbitcoins or this forum currency exchange section.
If the bonus value is added extra to the exchange value, then it gives a good value on our trade. because on trade we get a value almost 3-5% less from the real value. |
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My idea is 1 satoshi. and you can view or watch the porn in 1 day. anyone wanna work with me  Thats really interesting but in reality its not possible. No profit can be earned by the service provider. Totally it can be given as a free service. |
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Selling bitcoin without taking the market scenario into consideration seems to be a mistake. Such mistakes will not have much impact but certain profit loss is experienced.
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Is there an easy way to increase my bitcoins. By like investing and such but not gambling. I'm tired of using faucets. Thank You.
P.S. Don't say work hard. Just tell. What is that work that I need to do?
Purchase a (safe) cloud mining contract, in a few months you'll have lots of money. Be cautious while making investment in cloud mining. At present cloud is in its early days of development, so find the proper site and make your investment. |
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Based upon the location the number differs. For a living in third world countries 2bitcoin is more than enough. Better option is not to sell for living. Its better to save for the future.
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Bitcoin has been added value to most users life. Bitcoin has evolved as a seconds currency which makes the local currency grow if investment is made on bitcoin. As halving is expected to fall within few months better to hold the earned bitcoins is a good decision.
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Go for faucets and the most usual way of collecting btc is with signature campaign I will try it once I reach the right rank
That looks to be a good option waiting to get a high position and then entering a signature campaign. But you need to wait long to reach your desired rank. |
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It's really not possible to make someone understand bitcoin in just 20minutes. Only people need to take interest and learn themselves.
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Go find a job here online that pays you with bitcoin. Sell your skills and if you don't fit any jobs you could try fauceting but you will hardly get any decent amount of satoshi in there. You could also try signature campaigning. It's like a form of advertizing and you will be paid accordingly with your rank.
As quoted by above mate, try for a job that suits you. I don't agree with the second suggestion of faucets. You need to spend long time and earn nothing. |
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