If dollar will be removed and replaced with bitcoin then yes. But this is not going to happen as it can not replace a fiat currency. For now i think it is not possible as it requires too much time and resources.
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Is bitcoin a currency ? An asset ?
Can it be both ?
Bitcoins is an cryptocurrency and it is a platform itself. Since the price of a single bitcoin changes it can be considered as an asset too. Because you can get profit from it, i think in next few years bitcoin will become more popular.
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I was optimistic that the bitcoin price will reach $300 And the prediction came true in this month. I am also optimistic that $350 will be reached within few weeks.
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i think in 2020 bitcoin will be around $2000-3500, its been almost 6 years since bitcoin started and it has gained so much popularity and momentum its just going to keep going and hit the high numbers
Around $2000-3500 are too low prices we can predict for bitcoin. In next six years we can see huge level of evolution and improvement in bitcoin ecosystem to make bitcoin prices into moon. So, I believe we can get one million per one bitcoin by year 2020. I think that $2000 - $3500 is more than enough, Many people want the price to reach only 1k. And it is only 4 years and 2 months left which is hard to reach that price.
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The advertising isn't needed. Adoption comes with ease of use. BTC just isn't easy enough to use. If grandma can't use it, it doesn't need to be marketed.
May i know how did you learned about the bitcoin? If there is no advertisement then bitcoin would be dead. Scan a QRcode and send money isn't it is for your grandma..
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Even the not believing people also started to use bitcoin like my boss. He said that bitcoin seems like a ponzi, but now he pays online using bitcoin. He explains that there is no point in believing bitcoin to use it for your regular daily uses. I guess only investors need to believe.
If your boss pays on bitcoin for the whole company is it counted "Tax avoidance" Or it is normal as paying the salaries through the bank, which should pay some fee. Bitcoin price is increasing too much and now it is around ~280€ pretty high.
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Who's dumping their bitcoin? The price has been rising steadily for a few months now.
He meant, why 'would' people dump their coins I suppose. @Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me. Or simple they who dump the price are impatient. Have earned enough profit and don't want to wait more. I would never dump the price, only if i have no other choice.
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Bitcoin-qt, I guess. It has the best security beside a physical wallet.
Yes bitcoin-qt has all the security features we needed. Now the newer version of it namely bitcoin-core is available with the version 0.11.1 with latest fixes. So, we must always go with latest one. Online wallets also safer when we go with latest version of browser. Everything you use you should be very careful. Because if you use the same password anywhere else you provoke a hacker. Online wallets are good too, but if they get closed or offline you can't access your bitcoins.
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I do not have much knowledge on pen drive storage. For long term storage we must need SSD. May be cost of buying is high but for a secured next generation saving we must go for SSD (Solid State Disk).
This is completely wrong and i will not suggest anyone to hide your paper wallet in a SSD. For long term this is not recommended because if SSD has no electricity for a long time, the data inside can be erased. Try to hide your paper wallet somewhere where you think that nobody will touch, or will have no idea about that place. you can run your ssd on a different network, or even without any connection, just so it remain active with electricity and all it would still be a cold storage, last time i've checked could storage mean only off line, not switched off completely For this case HDD are better rather than SSD, Because they can stay longer if you don't touch them. I would suggest the OP to hide the paperwallet inside computer loudspeakers Problem with that and many of the other conceal ideas is if there is a fire/act of god. If you only work on concealment your paper wallet is subject to many things out of your control. If using one really renting a safty deposit box at a bank is worth it depending on your holdings. Much more secure and a great place to keep a backup. I don't know if we should pay any bank fee to save safety a box. If it is really cheap then why not, but anyways i would make at least 3 backups. We never now maybe one day banks will be closed and i doubt we can access to our stuff.
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I have withdrawn my Signature campaign pay out from coinut. It got processed manually and I received my first pay out from coinut campaign. Long live signature campaign and bitcoin.
Be more happy , i was in your situation too and it is a good feeling. Today i also got my payment from my signature campaign. Hope will last more longer these campaigns, going to trade now on alt coins
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If i choose to buy would you be able to take more pictures. Especially in a room that has more lights because i can;t see good the condition. May i know where are you shipping from, and if you are from EU i think we have a deal.
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If you want to see the transaction and you try through blockchain.info Then i would suggest to add a new website in your bookmark I personally use blocktrail explorer, it has a good UI and UX and simple do the job. About the wallets you have different choices and read this topic: https://bitcointalk.org/index.php?topic=1163283.0
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Even though i don't like and i don't use paypal. They fast limit your account and require lots of documents to 'unlock' your account. About the greece people i am a bit surprised that paypal has stopped their service in this country which i think needs to get 'donations' from others at least through paypal.
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The bitcoin price at the moment is $286, And last time that it was a slightly a bit higher $287 was at 30 July (based on coindesk graph) I think that the bitcoin price is going to reach the amount of 300 dollars by the end of this week.
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The number of bitcoin will not stop 'produced' at the halving period. The only thing is that the block reward will be 50% less, and i think a good amount of miners will leave. By this the difficulty will be fall down a bit, but as the new technology trend is rising more new miners will be more efficient and the profit will be increased, together with it also the bitcoin price.
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I think you forgot to mention End date and time!! Because i have in mind an offer but i want to be the last to win this auction. And do you have any condition after the last bid is made(like the auctions extends xx after last bid..etc..)
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I bought once and the price went down too much. That was my worst 'mistake' i would say. But in your case i would think that you learned something and we should 'predict' if the price will go up or down. For now bitcoin is only rising rapidly and it is going to reach soon $300.
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I do not have much knowledge on pen drive storage. For long term storage we must need SSD. May be cost of buying is high but for a secured next generation saving we must go for SSD (Solid State Disk).
This is completely wrong and i will not suggest anyone to hide your paper wallet in a SSD. For long term this is not recommended because if SSD has no electricity for a long time, the data inside can be erased. Try to hide your paper wallet somewhere where you think that nobody will touch, or will have no idea about that place. you can run your ssd on a different network, or even without any connection, just so it remain active with electricity and all it would still be a cold storage, last time i've checked could storage mean only off line, not switched off completely For this case HDD are better rather than SSD, Because they can stay longer if you don't touch them. I would suggest the OP to hide the paperwallet inside computer loudspeakers
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I would like for music, movies, and then for some gadgets and electronics as well. May be good option for cloud services as well. This I am looking for.
I think that it is possible now to buy movies and music. Since newegg is accepting bitcoin payment i think you can give there a try. About cloud services i haven't heard about it, so let's hope for that to be solved soon.
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To me it is "near to zero" transaction fees. Also it is decentralized so hard to control and manipulate by big institutions. Goverment for example. They cannot really regulate btc or tax.
I would say that it is not too hard for big companies to control. Also they can easily manipulate the bitcoin price. If you have heard about pumps and dumps this is because of these big companies.
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