Naah, i think it won't. There are still many third world countries where the technology are left behind. And can't even afford to buy phones or pay internet provider. They will still depend on Fiat. Even in our country we still need to convert bitcoin to fiat to use it. There are not much stores accept bitcoin here. That's why it can't.
Bitcoin will only replace fiat if you are making it happen yourself. The governments will never do this because they have no control over bitcoin at all. Therefore they will never replace fiat with bitcoin. Only you can change what currency you prefer and what you're going to pay with. |
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I dreamed of losing the entire bitcoin me, very unlucky. I hope it does not become a realit
I have dreamed several time about winning lottery because i usually buy bitcoin lottery tickets before i go to bed. I have also seen somebody sended me 1000 btc by mistake and start calculating how much it is in my local currency in dream. |
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I think that value will keep rise a bit more, and it will be stable at that point for some time.
This time, the price of bitcoin will rise slowly, it might just rise on average 5-9% a month. That is good for it to be a currency. The slow rise makes the adoption of the bitcoin easily. The retailers can even mark their price in bitcoin. Yeah this slow price rise makes adopters and investors having trust with bitcoin because a slow move in price will make bitcoin stable. What adoption will do price rise... Nothing. It ll keep going up. In addition to all this positive fuzz, people start to realize block halving s behind the corner. So, it ll keep going up, big time. |
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How to earn money with bitcoin ?
i think the best way is buy bitcoins so many as you can, and wait 1 year... i think in the next 12 months the price goes up... yeah I agree with you friend but I want to give you some advice about how to earn money with bitcoin first check the bitcoin price . how much now after when decrease price in bitcoin after you can buy and when increase price in bitcoin after you can sell the bitcoin with good trader online and you can earn more money with bitcoin You can do trading. If u know the trick it will be the safest way in gaining btc and if u got some from trading you can gambling. Just pray and hope you will hit the jackpot and win a lot of BTC. if you do faucet it will gain a little of satoshi and it will be tired so I prefer better do the trading Anyway it is up to you |
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never underestimate the faucet. with bitcoin faucet we can get for free. although only slightly faucet is meant to make us rich.
But it's very low payment thing, Personally, I think that value of bitcoin is still low and I'm trying to buy or earn as much bitcoin as I can. I think that bitcoin is very close to become mainstream and when this happens, value of bitcoin will increase a lot. Then I will start to sell and earn some big profit |
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I still believe on bitcoin so I hold as long as possible. We can see that the world still adapting into bitcoin as payment transaction so need more time. If the time has come, bitcoin will got increased. For example : there are some hotel or restaurant use bitcoin as payment transaction. This will bitcoin growth !
holding bitcoin a long time is a good way to make money if the bitcoin price rises in long term. So far it worked out if you hold bitcoin for more than any three year period. Nah... Holding for so long is honestly really stupid, you should sell if the price drops more than 20% because otherwise you expose yourself to really big losses and as we can see bitcoin price doesnt look like it will jump to 1k any time soon |
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At the moment iI think the price is stable around 400 and has a good chance to go up again.
Selling now would/could be stupid if the halving is just 2 months away.
It would be really worst if you sell at current price and we have waited so long to see higher price, then I think that we can surely wait for next 3 months to earn good profits. Yeah I grew that. I think we should not go selling. I think the fact later is going to be worth much more. So I would if I was your wait selling. |
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I believe that the paper the government has to print them on is getting more and more expensive, so it's getting harder for governments to print currency and manipulate the currency supply. And most people use online banking anyway... So why not? Digital currency/bitcoin will never replace money and people will still use the paper money because The paper currency will never be replaced.
Exactly what people said when coins were the only currency and paper, representative money came along. if paper money disappears, it still won't be for a very long time. It won't happen for a long time, because the government will be able to control fiat currency much easier, so bitcoin won't replace it very soon. |
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Gold is gold, meaning it is the only resource i full trust to go all in. With bitcoin i am like many others afraid 1 major dump occured and we lose money.
Gold is always best option and your investment goes risk free, and you can expect best and stable returns in future but you can also take some risk by investing in bitcoins. As Gold is a centralized commodity whereas Bitcoins aren't. No one really knows the real value of Bitcoins, time will decide taking into consideration many factors which will affect the economy of Bitcoins. |
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*note edited look above for full post it just is getting very long. I just see and understand that you have understood absolutly nothing about my system.
You are the same kind of people who "red trusted" me.
All people who have taken the risk to invest real satoshi in my system have understood that it can take long time to get profit.
That know that they are now more or less owner of the system.
They have taken risk,but believe me less risk than me,because I have spent more cash and more time to create this system.
20 years was of course just an example.
I have not negged you as I do not have a stake in it. I understand numbers, and I got the numbers from you. So far you have paid very little of your invested amount. I am not making stuff up like you try to make it sound. And I got numbers from you... https://bitcointalk.org/index.php?topic=852857.msg13847251#msg13847251 Total accounts:212 accounts.
Total claimed for free:0.00746222 BTC
Total invested:0.36640338 BTC
Total pending investment:0.3315961577 BTC
Total pending payout:0.0115563416 BTC
Total payout:0.04682193 BTC
Number of buying:1292 times
Number of selling:16 times.
Number of re-invest:4 times.
Selling bonus:82%
Claiming bonus:1.01547987616%
Re-invest bonus:100.923076923%
You have paid .046 at that time and not paid .33 so a HUGE amount not paid. I consider it ponzi if you put money in and it never comes out. My hope is I prevent new money from coming into your "cloud" investment until you pay much more of what you already owe. For cloud mining you really need to research the company. Sadly there are a lot of scam's out there. Its really does not take long to get it down to a small few that I personally would trust. As a general rule if it sounds to good to be true chances are it is. |
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Another problem with Bitcoin is that is is really too rare to replace the dollar. With a little less than 15.5 million BTC and a little over 7.1 billion people, that only leaves an average of about .0022 per person. There would be a lot of micro transactions having to be processed by the BTC network. The BTC network is already bogged down. Can you imagine the problems the network would have if it's traffic increased like a million fold? It would probably take weeks to get the 1st confirmation, if someone bought something small, like a candy bar.
Also, there would eventually be a lot of microinputs that would have sizes so large, they may never get processed.
I am fully agree with you and also if bitcoin will replace dollar what will change? The name of currency or what? Goverment will make some stuff with bitcoin and everything will become like in past times. Even I but. Dollar is very popular currency I mean it is widely used and everyone knows about it and used it it somehow, when Biticoin replace it I think it is possible through time, maybe decades from now we'll use biticoin instead of the dollar. |
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I think people don't have proper knowledge about Bitcoin and that's the reason why they get in any conclusion very fast without knowing the actual situation. And their conclusion might be wrong because they don't have strong base about it.
Only a few percentage are considering bitcoin is dead. Its just due to the value that is getting up and down within a few days and not getting stable over a particular price for a long time. |
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To save some money you have to be smart and also patience otherwise it will be not possible and that is because you can see that the value will be not that high enough and that is bad.
The most people are also hoping that the value will be more worth and that they can save some money.
Fiat money is making our money worth less year by year salary doesnt raise as inflation so we loose purchasing power of basic products soo bitcoin can loose or gain value but the ammount would keep the same 1 btc will be 1 btc in 10 years if not spended.So change from fiat to bitcoin can become the best way to save money |
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We(digital currency users) have a bright future, but for now its impossible to use only bitcoins....unfortunately...
yeah its a pity, to be honest i often wonder what would life and all the society be without paper money and only with bitcoins that would be truly amazing as everyone would use their phones for payment i would definitely be for a bitcoin wallet because in my opinion its way more safe than a bank and with bitcoin wallet you can be a bank yourself so theres no need to have someone hold your money My option is sure for bitcoin as control of our money is with us. You can transfer money to anyone anywhere in the world, anonymous, but with banks it is not the case. yes Its only possible by bitcoin but from bank we can send money our country to another country but there are limit some country we cant send anywhere so who know about bitcoin at moment there are only using bitcoin and main thing its charge is also very chief. Every year they increase their bank fees and come up with new and stupid ways to get you to give them more of your money. They are clever but not geniuses. The informed clients of these banks will move their money to have it make more not less as the banks continue to gouge us all. |
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I dont have plans to get rich with bitcoin at all, bitcoin is a good way to get some money to invest in some real project for your life, but it is not a long term job, and mostly of time traders spend too many time of their life following cryptos on mobile phones, computers etc, but if you are trading alts with all those coins launched everyday maybe will can get a winner and do a lot of money (i did that on DRK 2014)
I don't know, How many people is doing alt coins trader Most of the people use to sell the bitcoins and buy the bitcoins normally. Even I use to do that but now I holding the bitcoins for halving and I will make profit on that time... |
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In theory it could make central banks dissapear. I think in the future regular fiat cash will eventually be replaced by digital cash.There's just too many advantages. I watched a documentary about counterfeit us bills the other day and there's billions of it being made and flooded into the market. The bills are so good that it's hard to tell them apart. Bitcoin solves this instantly. Bitcoin also solves the issue of banks being able to print it as they like which as we know devalues the currency whereas the opposite is true of bitcoin.
Bitcoin is a full currency i think , there is no real difference between Bitcoin and the other currencies nowadays, fiat is used more till now that's true Banks are the worst nightmare and bitcoin is a life saver but still i don't think bitcoin can make banks disappear i think bitcoin still needs some time to make a place in everyone's mind. people's blindly trust on banks but don't trust blindly on bitcoin. |
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If my a/c is banned by bitcoin forum, so what would be do with my money???
dont worry if you get banned from bitcointalk forum also, you need to save your bitcoins in your wallet only i am sure it would be safe. |
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Dear VytautasK, Thanks! this is my second payment in this campaign. Great work bro  |
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imo, for me yes because i love to invest in unique things  Somehow when last time the price is 3xx, i bought quite some btc, the price raised but i din't hold any btc during that moment so im quite sad :/ People who are not totally involved in bitcoins are very keen to know the price of bitcoin on daily basis as they want to make profits out of it, even the traders have a close watch on the value of bitcoins and as a ordinary users like us we are all very much interested to know the value so that we can sell a part of bitcoins at right time and earn some profits. |
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I keep my bitcoins because i hope they'll increase in price in the future...
Yes this is also a reason for me. I also hope that the price in the future will increase much so I can make a nice profit. And this way I cannot spend my money on something else. I'm pretty sure that most of us, Bitcoiners, have the same reason for buying Bitcoin. Well, I do hold my Bitcoin, and I was hoping that one day the price would reach the moon. It is not the main reason I bought Bitcoin, though. I can do a lot of things with Bitcoin instead of holding for decades. Its a good price to buy bitcoins as the price of bitcoin has reduced a bit. as suggested bitcoin will increase soon as the halving of bitcoin takes place... |
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