Somehow yes and a no. Yes, because as you can see how far does Bitcoin achieved from 2012- present. Bitcoin as of the moment is somehow expensive for a normal individual who earns enough for there family. No, Because even though you haven't got any capital to start with. Since there are sites that can help you to earn Bitcoin in way (and you can use it as your start up if ever you are to engage in trading or investing) such upwork, reddit, medium and bitcointalk.
But literally speaking buying Bitcoin as of the moment is quite not advisable, It's better for you to work for Bitcoin as this is much easier to earn Bitcoin than buying and selling.
For me it's never too late to buy, since bitcoin is at the top heirarchy among digital currencies that currently exists. Also, bitcoin community is fast growing and is continuously larging that makes more opportunity for coming investments. bitcoin is still the top cryptocurrency mate. can be seen from the market cap of bitcoin that is ver large, bitcoin exceeds other cryptocurrency and see from marketcap also you can see how the potential bitcoin in the future as users keep coming and will continue to increase the marketcap and of course also will make the bitcoin price higher, come on no words are too late to buy bitcoin,, |
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China doesn't hate bitcoin. As a matter of fact, China has the world's largest trading market. The Bitcoin there was banned because of the Bank of the China who strictly engaging bitcoin through banking. So in a result the government of China decided to banned bitcoin in their country.
not Chinese people who do not like bitcoin, is proven by a lot of bitcoin users coming from China, the Chinese government who hates bitcoin, of course because the government can not benefit from bitcoin, and it is precisely the governments that are losing the existence of bitcoin in their country. I think all users know what harm the government gets when bitcoins are popular in the country,, |
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Fiat will never be extinct because it is one if the most important thing on earth. We always use cash in our daily transaction and we can use it anytime anywhere. So cash cannot be replace by any cryptocurrency.
For the current technological platform, fiat must exist. However, in the future, as technology grows to a new height, I believe fiat can be replaced by a smart currency, which may be digital currency. of course fiat will continue to survive because every country will certainly defend each of their own local currency, time will change everything that is ancient to be very sophisticated as well as cash money, I am sure fiat will have digital currency or smart currency to replace cash money which is increasingly ancient and no longer in accordance with the needs of the times |
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Gambling is only a small part of Bitcoin. However, in Bitcoin Investments, you have to take risks just like in gambling, it can help you become rich or become poor. So always be a wise investor and always brave, dare to think dare
perhaps in some parts of bitcoin investments will lead to a bit of gambling because not few users rely too heavily on their luck to invest or trade in bitcoin, whereas it takes special knowledge and skills to be able to profit in bitcoin trading, but in the long run ( long term investment) I think bitcoin is not gambling, because certainly you will be profit if you hold until the future,, |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
For me invest it make your money bigger. Money should work for you rather than save it will decay in your bank. It is part of the business to take the risk so you need to grab it and in the future you can have a lot of money. I think as long as you're young and do not have a lot of responsibilities maybe prioritize investing rather than saving, no harm you ? investing will give you a nice extra profit than just saving. at the moment I'm also using at least 70% of my money to invest and it's not too dangerous for me right now, but certainly the investment I choose is according with my plan (where my investment has different risk, not all of them are high risk) |
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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?
From my point of view I think it will popular even with stable price but I think it may decrease on due time because the most affected users where on the line of trading. Since trading users maximize their profit on the price fluctuations of bitcoins, it may bring them a great problem if the price would become stable and it would affect greatly their ROI. yeah see a lot of bitcoin users is a trader of course stable prices will make them disappointed. but you should know that a stable price will only happen if the volume of bitcoin in the market or marketcapacity is huge? in other words when the bitcoin price is stable at that time everyone might already use bitcoin because marketcap is very big and that means bitcoin is popular nowadays? |
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Bitcoin is not too late to buy now, because many people have not even heard of it, which means that it will continue to develop actively for many years.
You're not late to buy bitcoin, if you start today you can answer your question here instantly, I mean you will realized that when you buy bitcoin you can make it more or some other say that you can grow it like a seed that turns into a tree, just believe in yourself that you can do it. thats right i think you should try it by yourself to know that it's not too late to buy bitcoin, it's not too late to get a profit from bitcoin, it's not too late to get rich from bitcoin, try buying right now and wait for a few days or a few weeks, i'm sure you'll make a profit instantly, let alone wait until several years of course you will get doubled profits |
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in the news tv stated, the official meet up on yesterday world event talking also about Bitcoin as an alternatives payment. Also talking about the powerfull of Bitcoin and some country also declined that as a alternatives payment gateaways
Bitcoin is the best alternative of payment. As far as tax is concerned, I think it will only be possible when the government will declare bitcoin as legal. Till that time, there is no way that the owners of bitcoins will be asked to pay the tax for holding of bitcoin. I think this is why it is gaining this much of fame amongst the people in such a short period of time. There is no worry to pay tax. I think this idea for taxes has been around long time enough, maybe with the tax to bitcoin users it could make the government want to legalize bitcoin but the worst thing is bitcoin will not be a decentralized and anonymous currency anymore, it will disappear and bitcoin will be controlled by the government as well as its users, you want to this happen mate? |
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I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Maybe because of their economic growth they are worrying to loss some investors because they are moving to bitcoin and because of money laundering if bitcoin is legalized and more famous and widely used the government will not be able to control the finances of the their people, imagine there is no entrance tax because all public finances become invisible because it is anonymous, of course the government will bankrut for not having enough income, therefore the government is very afraid of a decentralized and anonymous financial system like bitcoin,, |
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Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that. What do you guys think?  Yes I think that digital currency will ever replace paper money because the digital currency can be a money in where it can buy things that you need. And I believe that bitcoin has a very good future and that bitcoin will be used and will be known by many people. Bitcoin can be a money to replace the paper money. i agree that digital currency will replace paper money because it's a definite change of time, but i'm not so sure that bitcoin will replace paper money as a legitimate and widely used payment instrument in the future, because i think the world bank will certainly think about the times, and i'm sure that they will also make a new version of money that is a digital version,, |
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Some people are trying to create perception. because they want to cut the bitcoin in front of you. they want to stop the rapid rise. others complain about the lack of infrastructure and are afraid. they need to be calm, think and analyze well.
You are ability right. When something coming out of the box and people are going to like it. Then such sorts of people are getting up to cut that highness and fame. Then such rumors and notorious facts are published in market so that the user comes to conclusion of getting rid of it, ultimately results show the downfall of market. Such things are happening with bitcoin too. there may be some users also who take advantage of this to get profit, such as giving issue, speculation, bad news, to defame the name of bitcoin and then make a lot of people scared and panicked and it makes bitcoin prices go down and that users continue to capitalize the profit to buy bitcoin in low price, and when the situation and condition returns because bad news and bad issue is not happening or just a hoax, then bitcoin prices go back up and give them a profit |
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they have to do a lot of research before this step , but i think it's very hard now maybe next 5 years
moreover, the rules of each country are different mate, although in some countries bitcoin is banned but it can not be generalized worldwide because every country has its own regulation and policy, so that is why bitcoin is still free in circulation, because government in many countries still many who has not stated his attitude on bitcoin |
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I'll pick gold. I like both of them but if we are talking about centuries of keeping, gold will last. Bitcoin can be replaced by another altcoin while gold will still be gold even if I buried it deep down for a millenium.
I'll keep bitcoin for sure because it's the most profitable and still on it's early stage and we can see more development to come which would make the price rise continuously. We need to take this opportunity and be more realistic because even if it's risky but the reward is really good then we have to choose bitcoin. one of the reasons why bitcoin still has great potential is bitcoin is still early stage or still young and there are still plenty of opportunities and other great potential waiting for bitcoin in the future, so it's certain that bitcoin prices will double in the future, unlike gold which is already much developed but gold also still has the potential to have a high price, because gold also has a limit on the amount on earth, but i prefer to bitcoin actually,, |
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I don't think cash / fiat money is going away anytime soon. Many countries are still very reliant on physical currency and credit cards are still a suspicious piece of technology for those who haven't spent some time reading up on them. Bitcoin / crypto / virtual currency is still fairly new to the point where financial institutions are still either badmouthing it or barely embracing the blockchain technology. Sometimes I prefer cash payments just because it's upfront and hassle free.
Cashless society can also be created with credit cards where all physical fiats are electronically imputed on the metal chip of the credit card and not just the blockchain technology or cryptocurrencies. I don't think the world can easily get rid of physical cash either but it's bound to happen at some point in history because we as humans keep looking for simple ways to live. I think the era is getting more sophisticated and modern society will be more technologically literate, they will start thinking that paper money is very complicated and not instant to use, they will see digital money like credit card as a simple way to make payment anywhere, but for this cashless society can happen will certainly take a very long time to happen,, |
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Bitcoin cannot eliminate poverty just like that, it's still yet to be able to be used by the underprivileged and those who have no access to internet or computers. Education can end poverty, but bitcoin earned by people can be converted to other sources and be used to help the poor. Btc to help directly will take a considerable amount of time. yeah agree, bitcoin will not be able to eliminate poverty because there are many millions of poor people in the world who can not access the internet do not even have a computer, so I think from that bitcoin will not get to underprivileged, yeah I think that education will make poverty disappear, we all know that world poverty happens not only because they do not have jobs but they do not have the skills, knowledge, and etc, very complex,, |
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You should consider alternative investment platforms, gambling always will be a gamble.
Even though investing in casino bankrolls are high risk but much better option than gambling because as you know that house got a better chance win so if you some money then you can also make good profits in the long run. I do agree that we shouldn't invest all our money only in casino bankrolls but also need to diversify funds into some other products to reduce long-term risks. yeah house has a greater chance of winning than a player, so it's safer to invest in a bankroll than to gamble, but of course the profit will be greater on playing gambling directly because you can double your money as you wish, if you invest in the bankroll the profit you get will be quite small, depending on the amount money you invest. choose a site that has a high house edge if you want to invest in their site. |
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since bitcoin are online based investment so you don't recommend to invest in bitcoin isn't it? i don't think so , actually everything are based on how clever you are to choosing a place to put your money in and out at the right time and place. yeah, yeah invest in things that are good to invest in and don't invest in things that are bad to invest in  sounds simple, but it's not. it's very difficult to understand what will be growing in next few years. One should have knowledge of technologies and news and trends and all that stuff. that is why i said it depends on how clever you are , when you do know a lot of things you won't struggle to find a legit place to invest , considering here and there etc. saving for sure won't make you secure and in good condition. your money are on threat , inflation attacks those people who do save money. while saving money will be harmed because inflation but saving is still important right ? because it is unlikely you will use all your money to invest? because surely it would be very risky for your life? having a deposit money is very important especially when you need money on the spur of the moment, then savings will help. saving is also the most important thing to rich? |
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I really need money. so, from that I joined in bitcoin.
everyone needs money, for necessities and for eating, all that life needs money, all of it from us, if we want to earn money, we have to work hard.
There are so many different ways with which you can fulfill your needs related to money. It all depends on you, how good you are in looking up at different kind of opportunities and which opportunity best suits your skills. Bitcoin is in fact a very good way of earning money. On the other hand, you can go for taking help from some of your friend or you can even take loan as well if you urgently needs money. although bitcoin gives you a good chance to earn money but when you desperate money you need money right away is'nt it ? and sometimes the income you get in bitcoin will not always be in the short term, so I think you can try borrowing money on bitcoinlender sites, btcjam, or in the lending section, it will give you money but the risk is you will have to pay more because of interest. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
There is risk in exchanging all your money to bitcoin, but there is no possibility to lose all of them. There are 2 possibility where bitcoins price will go either up or down, where in each case your money will be more or less. But keeping bitcoins in this present moment is not that risky since in the past few months, bitcoins price have increased by i think 30 % now. risk will always exist, let alone the future nobody knows and whenever it can not be unexpected even though many people predict bitcoin has a bright future, but I think taking a big risk is not a good thing you know, even though it gives a big chance of profit, but play safe I think will be much more well, after all you need a necessity to be paid right ? it is impossible you will use all your money right ? |
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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. I think everyone should forget what has happened, I know all users must regret why not buy bitcoin when bitcoin still has a low price, we have to do that and keep excited to continue to get bitcoin, because the future is still very long and you can still hope of the future bitcoin to gain wealth, because I'm sure bitcoin prices will continue to rise |
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