I personally used bitcoin because of the reasons 2-5 that was stated by OP. It makes online shopping easy since I don't have to ever reveal my identity to those who I will pay and risk my credit card numbers to be used by others. It makes online transactions easy and of course it charges low in terms of fees when I send to others. In addition to that, I can earn using it too that's why I started using bitcoin.
I agree with you . confidentiality of data becomes an important point in shopping online. we can easily send and receive bitcoin without fear of our identity known. Most people today are more often doing shopping in e-commerce. This has become a daily routine. I think using a low fee. tyour transaction not be confirmed quickly and certainly your goods will not be sent/shipping. before receiving confirmation. how do you get around it ? |
|
|
|
I hope that bitcoin will become a worldwide site in future that will have known by each person as now any govt.bank which has become most popular. similarly bitcoin will have its own bank and atm in each city hence everyone will invest their money on it
I think the expectation is too great. I'm sure that bitcoin will be very popular in the future see bitcoin has potential and development that is extraordinary. but I'm not sure that bitcoin will be the main currency in the future |
|
|
|
if it serves to redeem bitcoin easily be fiat or otherwise, I think I agree with that. Well, it would probably be easier for us in invests, or bitcoin exchange money if we really need it, and it will probably make bitcoin become more popular.
I think if you think that the bank can redeem bitcoin quickly became fiat, the exchange can do that. indeed bank will only make identity was revealed and anonymous of bitcoin will not be useful |
|
|
|
do not even think about money laundering, through bitcoin because bitcoin is not intended for it, it is one that aims ugly, let's do something positive in dealing with bitcoin.
although you say that it is a strange thing. but rather on the black market. bitcoin anonymity and decentralization is very helpful for those transactions. in fact bitcoin is very helpful to anything confidential Yes even though bitcoin was not created for the purpose of money laundering, some people are abusing it and taking the opprtunity to use it in illegal activities such as.money laundering because bitcoin has full anonimosity and decentralization. No matter how illegal it is, they cannot be caught. we cant say that bitcoin is not created to be the main purose is money laundering. we all know that bitcoin is anonimous so it is hard to trace who is the owner of the wallet. so we just wait to the developers to develop the security of users of bitcoin so that we cannot say that the bitcoin is being used as the way for money laundering I think bitcoin created for a free transaction. regardless bitcoin related to illegal activities or not. it all back on each user, since there is no control of bitcoin itslef |
|
|
|
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
If I need money badly, and it's large enough, I'll sell some of it. Bitcoin prices are much higher than before I buy, sell will not be a loss. when I do not have money and I needed money at the time, I would think to sell anything I have, for example bitcoin. but if I do not have a bitcoin, usually I sell personal items such as mobile phones |
|
|
|
I have not saved single bitcoin as i am depended on the bitcoin earning so what ever i earn i keep 20% for sports trading and balance i convert it to fiat currency to meet daily expenses of my family. It is like a online job for me to work on this forum and earn bitcoins as salary.
Wow, great that you can earn your living and help your family with daily expenses. How much do you earn per month from this forum if it is not a secret? Do you earn only from signature campaigns? Sports betting? I think if you just rely on the income of the signature campaign. it would not be sufficient for the purposes of your daily even though you have a plan to save. try to use a variety of ways. then the store would have been very work yes that is right the income that only come from bitcoin is not enough. although it may be enough for a single person but if a person have family then signature campaign cannot give you a good profit. therefore the second good option can be trading. from trading one can really get good profit, some time even more from their expectation. therefore i will always like to in my money in trading alt coin. I myself have many needs, and if I only rely on signature campaign then I will not be able to pay for all my needs, although only one person, especially since I'm living in developed countries. use a lot of work will be recommended |
|
|
|
in this period the price of bitcoin is volatile , and is not fixed , in my opinion Bitcoin can't replace the Dollar at least in this year or in the next five years .it's really hard to replace the first coin in the world , it result many problems in the economy of the world.
May be some big country will adopt this thing and start giving us time to change it to bitcoin. Because everything is now online base so no matter what technology will play a role in the next few years more or may be hundreds years more. We never know about the future, all is depends on our government if they are really into this things or not. We can only wait when the time comes i i think it is not so easy to change USD totally to bitcoin, because bitcoin is goof for online purpose but i think it cannot provide all the facilities to the people that fiat can, therefore may be they are using bitcoin as fiat for some items but not as a permanent change i think permanent change will still take some more time. It will not change or replace USD, they will have to co-exist together. Dollar is fiat and fiat is what people have been using, may it online and for offline transaction. Bitcoin is just a tool to make transactions faster but without fiat, its value will be worthless. Thinking of the possibilities to replace USD is not realistic as it will not happen. yes bitcoin and USD will co work with each other for a long long time. because it is not possible that all the people of the world will start using bitcoin. may be it will take decades. therefore bitcoin is not going to replace USD but those people who know about bitcoin will use both USD and bitcoin . they will use bitcoin for online purpose and will use USD for shopping in local shops. in fact bitcoin is becoming more and more popular and the use of fiat is now decreasing therefore there are more chances that banks will also start the deposing and withdrawal of bitcoin so therefore we can say that bitcoin and banks will work together. I do not think it would be that easy, although bitcoin increasingly popular and in use by many people, but the banks also would have to follow the rules of the government, and the government would have banned the use of bitcoin |
|
|
|
I have not saved single bitcoin as i am depended on the bitcoin earning so what ever i earn i keep 20% for sports trading and balance i convert it to fiat currency to meet daily expenses of my family. It is like a online job for me to work on this forum and earn bitcoins as salary.
Wow, great that you can earn your living and help your family with daily expenses. How much do you earn per month from this forum if it is not a secret? Do you earn only from signature campaigns? Sports betting? I think if you just rely on the income of the signature campaign. it would not be sufficient for the purposes of your daily even though you have a plan to save. try to use a variety of ways. then the store would have been very work |
|
|
|
i think the best way to make them understand about bitcoins is by saying that bitcoin is another type of currency and it is not fiat like usd or any other curreny .it exits and it cant be felt and it is the future and it has a lot of potential.
I think that is not a good idea to explain to them that bitcoin is a type of currency, why? Because kids today are intelligent and they can think of something new and out of their curiosity they can use it for gambling unless we are not going to open them the negative things that we can do it, other wise it is a good idea. although they like something new, but that does not mean they can understand something complex of bitcoin. kids enough to know that bitcoin is kind of a new currency, and they can understand once they are old enough |
|
|
|
i suggest you to try cryptopay. you can buy bitcoin from there. beware from scammers there's a lots of scam stores who can stole your money. there's another website name Localbitcoin its a great site to exchange money into bitcoins good luck
I think it would be better to buy or sell bitcoin on the exchange. be careful with third parties, even if they give discounts or higher prices or cheaper. but the third party is very risky. could be a scam |
|
|
|
The first investment I did was to buy some of the bitcoin in 2014. then the price increase after waiting for several months.
I get a gain of about 500USD. I was pleased and happy to have to know bitcoin for the year.
I'm sure if you buy a lot of bitcoin in that year, you can be rich today. because the price increase is now more than 2-fold. when I first invested in bitcoin. I just bought some mbtc only. due to capital constraints |
|
|
|
I personally pay more and will pay utility bills using real money. Even the salary I get it in hard cash and I think that this trend is still quite long.
but in my country today most companies are already using payroll systems with the help of banks. not the cash anymore. so all expenses can be monitored. This is a sign that paper money has started at left |
|
|
|
20 years? I d expect it to reach at least 5k in less then 3 years. Why wait 20 years? Find a way to buy at least 200 BTC and you ll be a millionaire by that time.
If you do not believe me, ask Tim Draper.
it is just speculation, but I respect someone's opinion. but to achieve that price within 3 years is something very difficult to achieve. even I doubt the price of $ 5k will take place in the history of bitcoin. but let's see together |
|
|
|
bitcoin facilitate payment transactions me go faster, annoying thing is when a lot of transactions has not been confirmed and it made me have to arrange a time to make transactions on non-busy hours
I think I'm getting sick of speed confirmation of bitcoin today. when I send bitcoin just around 0.02btc with a fee of 0.0003 BTC, but in these 2 days. I have not gotten one transaction confirmation ? it was very annoying you know ? |
|
|
|
it is very difficult to get the gold
Where do you live? it's usually quite easy to buy gold bullion in most places. I think it doesn't matter where we live in getting gold. Because for me, I can say that it is hard to get gold and those people who acquire gold are the only ones that are wealthy enough and can afford to buy it. I prefer to choose bitcoin because it is preferable and much easier to use and to acquire even you will small amount, you can have it. Well if we are considering gold as an investment then it is not so difficult to buy gold nowadays. Especially if you have bitcoins then you can buy gold through the online broker such as 1broker. The only limitation is that you can't get it in psychical form by that way. You would be able to get gain out of price movements for your investment. I prefer to buy Bitcoin. I can buy it very easily. But this is not the only reason for buying Bitcoins. I like the fact that he is constantly getting more expensive i agree with you bitcoin getting more expensive day by day because bitcoin adoption increasing too much faster and bitcoin price also increasing to higher value so i also interesting in bitcoin than gold. And it is going to become more expensive for the next years especially when it reach its total supply limit. The supply will become lesser because a lot of whales are going to do something to control and manipulate the economy and pricing of bitcoin just like what is happening today. So bitcoin will be better than gold in the future. I was scared when the more expensive it bitcoin enthusiasts of bitcoin will be less because people increasingly pay dearly to buy one bitcoin only? What do you think? but on the other hand I knew it would add to the popularity of bitcoin |
|
|
|
I would like to know if anyone of you earns 0.1 BTC per week or even more? Is this possible and what is best way to earn it? Your experiences, suggestions and advices are very welcomed.
Some members earns as high as 0.5 btc per week cause they are engage in diferrent programs like ,investing ,trading,gambling and signature campaign. These are the main source of income today. But you must spend big amount money first before you earn big. the point is not just to focus and settle on one method alone. if you still have time to spare. then maximize it's your time to continue working on other methods I'm sure it will produce great earning |
|
|
|
Please, can anyone post referral link on sites to earn passive income here?
I don't know for sure about the rules. but it would be better if you put a referral link in your signature. it will avoid a ban on the forum rules. but you know if you have a lot of referrals it will be a very nice passive income |
|
|
|
The possibility of BTCitcoin to kill income tax is maybe one of the reasons why some countries banned it. The government has no control over BTCitcoin so if ever it will be more well known, many people will prefer for it to be their currency or mode of payment because it is more convenient to use and with lesser transaction fees. There is really a possibility that bitcoin might kill the income tax in the coming future.
but i think bitcoin is only killing the income tax because it is not a regularize currency, when government will consider bitcoin as legal currency then will certainly put tax on it and will really collect a good income tax from the income of bitcoin. because there is currently no way to provide a tax on bitcoin users. so it seems for the moment bitcoin is a killer for income taxes to the government |
|
|
|
|
one key is to find a way how to give taxes to the bitcoin users. if the government already knows how taxing the bitcoin users. I'm sure the government of each country willing to accept bitcoin
|
|
|
|
yes we must believe with bitcoin because the price and value of Bitcoin is indeed designed to increase as time goes by. Thus bitcoin will have a good future, in addition to a Global reserve currency is increasingly losing its value, while the value of Bitcoin growing.
bitcoin is one of the most popular crypto currency and is becoming more and popular as time pass. bitcoin is now becoming one of the most important part of our life. therefore those people who do not believe will compel to start believing bitcoin. Well, I just feel sad when there are people who do not believe in bitcoin, and said that it was just a hoax on the internet. I always find people like that, and most people like it on social media. I always believed in bitcoin since I first knew him, and it gave me a lot of advantages. me too although in out there we can see that many people won't believe in bitcoin especially if bitcoin can give us big opportunity to earn some money. before we do anything, i think we should believe so it will work properly for us, and maybe we need to give or share our knowledge with other people so they will believe in bitcoin and want to use bitcoin. all users should be able to believe in bitcoin. because they already know in about bitcoin. besides believing in bitcoin are things that need to have when you invest in bitcoin. because by believing in bitcoin. then you're not going to be easy to panic when something happens in bitcoin |
|
|
|
|
Show Posts
