I remember the old topic here in the forum about the "Cashless Society" there is big possibilities that we almost enter that society now. In the social media almost crypto currency are what they advertising. Their are many people now are already familiar about crypto's and already know about it. I really do believe that we are now entering the crypto world where all things can really buy through digital money especially bitcoin. The future of paper money will soon be revealed, I'm sure that it will not last for longer more. Cash will replace soon.
Be realistic man. Crypto currencies are damn popular among those who are in any way related to technology but those who are not much into gadgets, latest inventions etc they won’t ever be ready to cashless. Crypto market is going to flourish much more in the coming years but you just can’t expect t to replace fiat forever. Yeah it may be the future of paper money that is much easier to use, secured and no need of carrying it physically. Since the whole world is digitizing day by day, one day will come when there is no need of paper money at all. People will be care free because they know they have digital currency. I think that day will really happen, because even today you can see all over the world, the more days people adopt digital transactions because it is easier, more flexible, etc compared to cash money, and the daily use of paper money will continue to erode |
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If i were in desperate need for money i will find sideline job in just one day so that you can get immediately money. There are plenty an extra job if you are willing to earn easily money like investment. Maybe i borrowed money for my relatives and i will paid it for having extra money. But the best is you can invest and earn in bitcoin, you need to research and study about bitcoin so that you have an knowledge and idea in bitcoin.
Desperate means that you need money immediately and if I'm in that dire situation I have no choice but to take some of my mBTC's and will probably sell it. I will not be thinking anymore with the current price so in that situation I can re-solved my desperate need for money. And if that is still enough I'll ask my friends or sell some of my stuffs. to me i always try to keep and save some money with me that is extra from my investment i save it only for the purpose to use it if i feel a desperate need for it. That's the purpose of our savings, you can get it when you are in times of need. And you are not going to depend on other people, actually I just got some pulled money again on my piggy bank because there's a need to spend for the some renovation of our home, it's not giving me a regret when it comes to those purposes. therefore every person needs a good financial manage, people who have financial manage of course they will formulate a backup of funds so that when they desperate they can use this backup fund to meet their needs |
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I think today is a good opportunity to buy bitcoin, because now the price is down, is a good opportunity to accommodate it at lower prices. Forgetting the moment of the day is a mistake. Buy it now or just be a spectator as the price starts creeping up again.
The price of bitcoin is still volatile. So we better to buy bitcoin at the cheapest price in that month. So we can get the maximum profit. But so many people still confusing about how to buy bitcoin ,the easiest way to buy bitcoin with credit or debit card is via indacoin, you can acquire $50 or less of bitcoin. I think bitcoin prices will continue to fluctuate, and I do not think wait for bitcoin prices to decline as the longer you wait the bitcoin prices will go up and you'll be late to buy, do not wait too long. when the opportunity comes you can buy immediately. because it is not too late to buy |
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please update my rank to hero member
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I think is still popular , stable price is even better , where we as a trader more proficient and profitable path , if bitcoin is stable then all aspects of the circle until the government can also legalize. yeah of course bitcoin will remain popular, it may be popular as the online currency used by most internet users. and besides, although bitcoin prices become stable though, the user can still get to from the price change, but you have to be a little patient |
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i think better save it because bitcoin prices will continue to increase as more people know about bitcoin and will try to use or invest in bitcoin at this time.
I agree with you its better to save then wait for the pumping up the value of bitcoin to get a high income or if u want go trade or invest it will give you triple profit  if I have a lot of bitcoin of course the first choice I will save most of the bitcoin I have as my future investment, but surely I will use some of my bitcoin to invest and grow of course it will be very profitable for you |
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I don't quite agree with this. If you don't ever sell or use your bitcoins than why are you having them, for a souvenir? Bitcoin was made with a purpose and that is for people to use it. It's good to have some amount of bitcoins as savings but the rest you should use for buying goods, trading but not just to keep them in your wallet.
Considering bitcoin as an investment and you can hold bitcoin for a long time. He means that you need to hold bitcoin for a long time and does not sell it untill it hit to the moon.  Well, sometimes, we need to sell our bitcoin for many purposes but personally, we will suffer a huge loss if we sell our bitcoin I want to tell you that you will suffer more losses if you do not sell your bitcoins. The price of bitcoin can not grow forever and ever there will be a dump. The more coins you have the more you will lose. Why do you need it? nope but for this phase bitcoin prices will still continue to grow, because users will continue to arrive and it will make the price continue to soar up. so prices will certainly be higher than they are in the next few years, so do not be afraid of someone's issues and speculation |
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My dream of bitcoin is, all countries immediately make bitcoin as an acceptable transaction alternative, there are clear rules about taxes, transactions can be transparent and most importantly the price of 1 satosi = 1 USD.
it is a dream that of course difficult to be realized but do not know later in the future how ,, hopefully it can be realized dreams that everyone wants I think without the recognition of the government even though bitcoin automatically has become an option for local currency in every country, I think the hope of many users today is bitcoin can be legalized in all countries, but it is not easy to happen |
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Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
No one can predict this. People are continuously adopting Bitcoin as a source of investment but as far as complete abosobtion of finances are concerned i don't think Bitcoin will absorb all this ever. I think it will not happen, although bitcoin is growing and many people around the world will adopt bitcoin but the key of all this is from the government. of course the government will continue to maintain their local currency to become the main currency, while bitcoin only as option currency |
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I only used coins.ph. as what i know its the only trusted btc wallet here in philippines.
Yup nice sir. Me too i used coin.ph becuase its trustes btc in our country .thanks becuase bitcoin is legal in our county and i hope i ear a lot of bitcoins someday and become rich like others .  it would be better to keep the bitcoin in the local wallet, because you would easily convert to your local currency directly without a middleman, btw I also use a wallet and a local exchange to store the bitcoin I have |
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i think it is, because in the year 2011 you can buy a Bitcoin for only 4$ and if you buy 100 Bitcoin before and you still have it now , then you are a millionaire , and if you buy bitcoin now it's late, because the price of BTC now is expensive
It's not late Mate. we still have time. no one knew that Bitcoin could reach this price point actually alot of people did spend thier thousands of Bitcoin just to buy little things. Bitcoin's price may reach up to 10,000USD in years. but, still Bitcoin is risky. when they didn't buy bitcoin while its price only some dollar (for each) you are right that they were past the chance that we can earn many profit nowadays. but now bitcoin still has a potential power to go to the moon. so that is no late to buy bitcoin now as long as bitcoin still has the potential to grow, grow and have a high price in the future then that time not include late in buying bitcoin, because you can still get a profit to invest in bitcoin, so do not worry. you can still buy it and have chance to profit There will be any time new opportunity for the new comer to catch it, by following it each investor can find acceptable level for themselves. for everyone who begin to come into bitcoin world then buy bitcoin they still will get opportunity to earn big profits. no problem if just hold bitcoin into long term due to bitcoin prices is increasing significantly time by time. I think bitcoin still has enormous potential in the future, bitcoin prices are still very likely to rise even several times from now. because users will still continue to arrive so you do not need to worry, this time is still far from being too late to buy bitcoin |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
encourage them to join the bitcoin community, its awesome if you have friends that is interested in bitcoin like you. I would react nothing, that is there opinion but for me they are lack of ideas and knowledge about it so they easily say that, so ill understand them. I do not think that you would succeed, with encouragement i mean. That person that hates bitcoin already know what bitcoin is, and how it works, there for your encourage would fail. In case they are blinded and do not know what bitcoin is, well than maybe it would work. But as you said we all have right on our opinion, and if some person say that they do not want to have anything with bitcoin, that would be loss for them if you ask me. I think it's okay if you tell them and try to get them interested, but do not force them if they're reluctant to know bitcoin, if they're welcome you can teach them about bitcoin more deeply, surely it will make them very grateful if they can join and interested |
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I cant see that, if it took place there would be a time that individuals will require bodily cash for straightforward transactions. I believe merging of these currency are intently ample to happened, feasible.
Fiat and crypto currencies really don’t need to replace each other. They are both doing their jobs nicely and I don’t think so there is any need of comparing both. In the coming years, we will be allowed to use both types of currencies as per our needs and demands. In short, respect both currencies. yeah I think it would be better if both go side by side, besides you can also use both simultaneously without any obstruction. after all cryptocurrency has no chance to replace fiat, because of course the government will always maintain the local currency |
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If the price is continue rising well i guess it is good way to invest ,but let see we don't know what happen for bitcoin in the future, but im hoping about the others say that bitcoin will be a good future for us.
I agree with you its good and nice to invest if the price is continiously to grow or to rise and increasing. But its to risky to invest its up to you if you want to invest but for sure investing in bitcoin is a nice way to get a high profit. now prices are still on an upward trend, if you invest and buy bitcoin now you will certainly have a chance of profit in the short term, and that is a rare opportunity. buying bitcoin now is the right choice dude |
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my strategy to profit from bitcoin is to buy coins at low prices and sell them when prices go up
That is great and I hope it works for you also. However, the profits that I make from bitcoins are either again invested in bitcoins or I spend them in my business. It is good way to increase your income if you make further investments from your profits. lol I think it's not that easy to invest in bitcoin, you will not know the current price including the high or low price, you can just say the current price is high and then you sell it, then the price goes up and you lose because it sells under price |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
For me I would suggest signature campaign or bounty campaign. Because in my own experience I gained a steady income to those job and aside to that it is not time consuming because you can do your job anytime as long as you reach your quota. The profit there is depends on what your rank is. The higher you rank the profit you will get is high also. for signature campaign of course you will get a steady income because all signature campaign salary in every week, for bounty may you make as an additional income only, because I think it is not included in the steady income |
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1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments. 2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class. 3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time. Source here. These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above. #1 and #3 makes me want to invest bitcoins. The virtual gold clings my ears since I always spend my time in internet making myself interested in virtual gold. Even though I'm dead in the year 2140 I still want to have some bitcoins in my life before I die. I have no idea on #2 but I know there many investors and I think they're the reason why bitcoin price reaches $5000. If the investors have a good reputation it really change the reputation of bitcoin from being illegal because of deep web but its image won't matter if well known investors such as Bill Gates enter the bitcoin world. Don’t expect Bill Gates or people like him to come and join you in bitcoin. Bitcoin can’t give to them what their industries or companies gives to them. Take for example, you’re offered an opportunity to be the Microsoft CEO for a day, man one day as their CEO will make you want to spend the rest of your life in that position. The Microsoft just interested with the blockchain and no more, as you can see the microsoft azure that was an example of the side chain that already built by them by the way. There will be the next blockchain in the future from the microsoft companies. Microsoft started supporting Eth in the start but soon they realize that they had no option than to support bitcoins. In the latest version of their products like Microsoft Office and azure , they have supported Bitcoins in them. When we see all the big multinationals investing in bitcoins, this means that bitcoin has a great future and therefore it is best digital currency to invest in. I think this will be a problem if it continues, etherum has a large community like bitcoin too. if many agencies start receiving etherum there will certainly be many more users who will come and use etherum, we should start thinking about competitors |
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Holding of gold and holding of btc both are profitable in the long run. Maybe holding btc actually is better because the price is riszing quickly and highly, the gold price is slow and more stable, but its also valuable since it lose never its value.
Yes, both are very beneficial. If you want to take risks with getting rich in quick time we have to hold bitcoin, but if we do not like taking big risks and want to be more safe, gold is the right choice. I think holding bitcoin for long periods is not included in big risk investments, many people say that bitcoin prices will be much higher in the next few years, because bitcoin has the potential to continue to grow, I think if you want to be patient then the risk on bitcoin will decrease |
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i think it is, because in the year 2011 you can buy a Bitcoin for only 4$ and if you buy 100 Bitcoin before and you still have it now , then you are a millionaire , and if you buy bitcoin now it's late, because the price of BTC now is expensive
It's not late Mate. we still have time. no one knew that Bitcoin could reach this price point actually alot of people did spend thier thousands of Bitcoin just to buy little things. Bitcoin's price may reach up to 10,000USD in years. but, still Bitcoin is risky. when did did the 't buy bitcoin while its price only some dollar for each you are right that we were past the chance that we can earn many profit. but now bitcoin still has a potential power to go to the moon. so that is no late to buy bitcoin now as long as bitcoin still has the potential to grow, grow and have a high price in the future then that time not include late in buying bitcoin, because you can still get a profit to invest in bitcoin, so do not worry. you can still buy it and have chance to profit |
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The world needs virtual currencies because we are now living in a kind of world that uses the technology all the time so virtual currencies is more convenient and easy to use for us.
Yeah, without virtual we have not fulfill our necessaries. Virtual is a basic currency and other currencies like crypto, it is helpful for us but never get the place of virtual currency. We know about our national currency because of our individual virtual currency and all over the world every country recognize because of its virtual currency. i think for now virtual currency is very helpful for online transactions, but I do not see the urgency or necessity to use virtual currency in life, while many people still enjoy using cash money to do shopping because it is easier to use than virtual currency |
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