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?
Bitcoin is a hope not for me but for all so we need to protect this bitcoin to some goverment that want to punished this bitcoin we need do something to protect it ! And bitcoin for me is like a job because bitcoin gives me a good money to buy anything. most users consider bitcoin as their job and investment. I think that's not a strange thing because bitcoin is very profitable as an investment commodity or a side job for them. you can get bitcoin in many ways and that's what people use to earn an income. maybe some people use bitcoin for currency. but I rarely see it |
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There is no way any of them can replace each other, because we need the both of them. They all have different roles to play in our daily lives, be it transactions or any other purpose.
In my opinion, Bitcoin can have a positive impact on the economy in a given country, but it can not replace something we have been dealing with for thousands of years. It is simply impossible. Thats right, I think just because bitcoin price is so high and then bitcoin becomes popular and it makes bitcoin replace gold? I think it's not mean like that. gold has existed for thousands of years and will certainly continue to survive as a commodity used by everyone. and bitcoin will not replace gold, but it becomes another option for investment |
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I think no..because many people depending on Bitcoin because Bitcoin changes many lives..especially unemployed,less fortunate etc..
Governments do not care about such a thing if they perceive something as a threat they are going to do everything in their power to stop it even if that something helps people, it was not that long ago that it was illegal to hold gold in the US despite the fact that holding gold is something that can only benefit you and I will not be surprised if the US banned gold again and maybe banned bitcoin as well. Yeah although bitcoin is useful and helpful for their community but the government will not be too concerned about it. the government will apply the rules according to their wishes. it is possible that bitcoin is prohibited if government get the losses from bitcoin directly. but I do not think the ban will make the bitcoin die ? |
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Don't stop buyin bitcoin. This will make you really really rich in few years.
I am expecting x10-x20 in few years cause of demand is getting more everyday.
demand will continue to rise and will certainly make the bitcoin price higher in the future. you would be very sorry and sad if you stopped buying bitcoin right now. because there is no chance of recurrence so you should prepare lots of bitcoins or buy lots of bitcoins before bitcoin prices are really very expensive |
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For my own security reason I use multiple wallet like as poloniex and bittrex for cryptocurrency. But my first and foremost choice is "MyEtherwallet" because their main focus is on speed and simplicity, with low resource usage.
I think poloniex and bittrex are an exchange dude, and I think exchange is not a safe place to keep all your bitcoins in it, because the exchange does not have many security features like private key, back up wallet, so on. so I recommend to using a wallet like blockchain to store your bitcoin |
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The only thing that scares me with my bitcoins is when it becomes impossible to cash out meanwhile nobody (merchants) accepts bitcoin as payment. But I doubt it would happen because the silk road will always be there to accept bitcoins.
I have the same thought. There is no other fear that will make bitcoiners fear so much about bitcoin. So when nobody accept bitcoin mean the value is zero. Look at the recent price i think not possible it will happen. of course it will not happen especially today because users strongly believe in bitcoin and let alone users are still coming and bitcoin still in development. one of my fears as a bitcoin holder is panic selling and sometimes it also makes you afraid and panicked and doing things out of your control. |
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For me, the fact that it's still not accepted far awad people nevertheless not knowin gs thbiggest disadvantages of bitcoin. If only bitcoin is going to be widely recognized and individuals begin using it, I'm certain other problems regarding bitcoin will surely possess a answer which will benefit many of us.e niy a
especially for users who use bitcoin for spending or currency of course this problem is a big problem for them. because currently there are still few people who use bitcoin so there are still few merchants that accept bitcoin. but be patient dude. this problem will be resolved it's just a matter of time as suppose |
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Bitcoin is a digital currency and asset as well. Many country right now used Bitcoin as mode of payment for coffee shop fast food grocery etc. people today also rather that to kept there asset in a bank they invest to bitoin
yeah bitcoin can be used for both, you can use bitcoin for your future assets or use bitcoin for payment method. but what I often see here is that more users use bitcoins for assets or investments. because bitcoin is very profitable and bitcoin is also well known as a potential commodity |
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Honestly, I feel that in the future will become a huge hit and a lot of people will get into buying bitcoin because of it's volatility and the chance for them to invest in it. I feel that once these things happen, there will be minimal chances of one person to acquire it since the demand of bitcoin grows higher. That's why it is better to buy now.
one thing many people need to know is that bitcoin will continue to grow every day and bitcoin prices will continue to climb even though in a short time prices sometimes go down due to fluctuations but in the long run bitcoin prices will surely continue to rise. from this it will be very good for you to buy bitcoin now before time makes the price of bitcoin more expensive |
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I guess most of them will but not everything, we do see some of those quality project who really intend to survive even bitcoin crashed down,
they are independently working to make their own progress and usefulness in this crypto industries, good example for that is Eth it is continue
progressing and keeps moving forward.
Yeah I think there are some altcoins that do not rely on bitcoin, after all they have their own prices on dollars in various markets, so even though bitcoin is dead, some altcoin will not follow the bitcoin trail. but I myself doubt bitcoin can die to see the development of bitcoin at this time |
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Poverty is the real problem of the country. I think bitcoin can help but not end world poverty but it always depend on how people can do it. Bitcoin can help us earn extra income but not all of us. Others didn't know the bitcoin, didn't know how to be part of bitcoin and others don't have the ability and also lack of things to use etc.
that's the real problem of poverty in the world, their problem is not just not having a job but more than that, they are poor because they have no skills, are reluctant to learn, lazy to try and so on, but maybe there are some people who at least feel helpful to their economy is due to bitcoin, like me. |
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There are really nice news. In fact when overcoming such significant amounts, the asset usually rises sharply. We are waiting for 11.000$ as soon as possible.
I think the next target is $ 15k and it will happen in the near future as well. really really surprised me because in this year bitcoin prices rose more than 10-fold. and probably will continue to jump up as many people are starting to use and invest in bitcoin. prepare a lot of capital to buy lots of bitcoin dude! |
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Bitcointalk Username: Deppil
Position to Apply: Hero Member
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
To be honest, Bitcoin is really amazing right now, the price keeps rising, and the rise is unexpected, but I prefer gold, no one can be sure when the Bitcoin price will be stabilized,. i think this is an opportunity for you to get instant profit with little risk mate, you know that bitcoin price keeps rising and you let that chance gone lol, i think you will regret as the price will keep climbing up and give big profit to many people, whereas you rely solely on gold investments that only provide small profits in the long run? |
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No I dont think so. Cash will not somehow extinct because we all know that this bitcoin is not somehow so strong to replace the cash in our economy. We can say that bitcoin can be somehow become more popular but not in terms of having it as our major currency to be used and replaced cash. i also dont think that bitcoin will not be possible to replace cash someday, although bitcoin will become popular in the future but cash is a currency that will be more ancient because of the changing times, the times will change everything from being physically to digital, and I'm sure that digital will take over the main currency (not mean bitcoin) and cash will be extinct |
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Anyone bought drugs with bitcoin and what are you thought on the subject ?
i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.
Anyone who earns money in a nice way through bitcoin won't tend to buy drugs using this currency. I've heard that some people uses bitcoin to buy drugs which is so disgusting and disappointing. We should value bitcoin as if it's our own currency and we must not involve it in any crimes. We should give importance to it. I don't think the people who take drugs care whatsoever about which currency they use to finish their trades. even if you say to use bitcoin for something good, but you should know that everyone has different traits and characteristics, and many of them are selfish, when bitcoin provides the perfect facility for undercover transactions they will use bitcoin , and it is their right because bitcoins have the function of freedom of transactions for any person whatever their purpose like buying drugs |
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I think bitcoin and gold are two different and separate things, bitcoin is not a gold competitor because market share is different, if any say bitcoin can replace gold then it will never happen, gold until whenever will be accepted and price stable while bitcoin not necessarily can last 100 years.
I agree with you, Bitcoin and Gold are not related to dropping between Bitcoin and Gold because gold is longer found than bitcoin  thats true, i think though bitcoin is becoming popular and is widely used for investments or such as, bitcoin will not be possible to replace gold, let alone i do not think that bitcoin is a competitor for gold, both of them are not directly related you know? although bitcoin price rises it will not make the gold price down right ? |
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I believe China doesn't hate bitcoin. China might hate the fact that it's untraceable, and with the problems that rised with the ICO's where many investors were scammed, and lost money, they couldn't do anything to retrieve that. It's a risky market, some will opt out of it, some will just act that they will opt out, and others will continue following bitcoin!
China have a communist government, so they want to take control all the aspect of economical state inside their country. And we all know that Bitcoin is a form of crypto-currency which is likely to happened to be a unreachable, uncontrollable form of currecny. Meaning that the government or their government will no longer have a control on investments , property and transaction of their people. i think it's not just communist countries that want to control all the financial activities of their country but all countries also want to do that, but bitcoin offers a different thing where everyone is free to do anything and control their own money without any intervention from anyone including government and that's why many countries do not like bitcoin, not just china only,, |
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My biggest regret is when I got introduced to this back in 2012, I tried to buy £200 worth, the platform was down and I never bothered, just recently woke up to it again at over £4k per coin, it is a physiological thing where I don't want to buy at that price.
The biggest regret is when I dont believe to my friends that they earning an income from bitcoin. Because if I believe them a year ago I think I am rich now and I can buy anything I want. lol I think a lot of people have the same regret like you, i think try to move on from it dude, because even though you join in bitcoin now you still have the possibility to get rich dude, the key is just one, hard work and keep the spirit to earn bitcoin! you do not need to be sad because bitcoin prices will double in the future |
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who among you here heard bitcoin back in 2009 and 2010? I was one of the people who is very skeptical about it and I really regret it.  I missed the best opportunity for a lifetime. Yes missed a life time apportunity by not making any investment in the initial stage and it has become so hard to earn bitcoins now.  That's true, really hard but I still want to earn and I want to gain profit by waiting the time that bitcoin price rise. Because as of now, I don't have any bitcoin right now even though I want to hold all of it because I just reallt need to withdraw because of personal use. Hope I can still earn more bitcoins. yeah I'm regret too but that does not mean you're late to join and get rich from bitcoin, although getting bitcoin is getting harder but you have to keep trying, I'm sure that hard endeavor will not betray the results you'll get, it's not too late to invest in bitcoin, keep getting bitcoin and collect as much as possible, because a beautiful future will be waiting for you,, |
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