It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. but now the number of bitcoin users are increasing continuously and hope that very soon the number of bitcoin users will much more. and then the facilities o bitcoin will also be present equally in all over the world. I do agree. Bitcoin is the strongest currency up to now and it provides a lot of benefits to users. As you can see, it has been 8 years since Bitcoin was created by Satoshi and now, we can see Bitcoin everywhere on the Internet, many merchants, services, online stores have accepted bitcoin and used it as a type of payment methods |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
They are both better and good, Why? Because savings something you are doing it for the sake of the future like what we are doing in saving bitcoins, we do it because in a long run the value will increase more than hundred 100% of our investment, while investing you are choosing something to put your money to make grow in a short terms only. They have different pros and cons. Each has its own problems which can not be solved or some opportunities which can not be denied. However, investing in bitcoin is still the best to my mind since I have witnessed many people become rich thanks to the increasing in the prices of Bitcoin. As you as you keep using this currency, you will understand how awesome can Bitcoin be |
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Price update. It seems that nobody cares about this job.
I do care but i was asked for identity verification which i think is not safe for me.I thought its just a credit card verification. You should mention this rules in OP. yes, you are right. it will be illegal for you if somebody has a big debt from the verification., guy. you can get 0,015 btc or more but you must pay 1,000$ or more for Amz AWS. Just be careful with trick game. It seems like a difficult task cause I have not seen anyone get pay for this job. OP said that you can remove your credit card once you have done your job. Can amazon still charge us while our credit card are no longer connect with the aws? I am still very curious about this issue |
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I save purposely for the future, I'm hopeful it will increase in prices from time to time and so I've made it my long term investment.
the prices will increase, I can ensure with you that. However, you must believe in Bitcoin because sometimes, the prices may drop and you may lose hope about it can rise up again. In 13th March, there will be a big impact on the Bitcoin prices and we can not know whether it continue to rise or decrease without controlling. Investing in Bitcoin is a long term investment, you must hold your Bitcoin for at least a year if you want to earn some decent profit with this crypto |
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If bitcoin have weak security, i'm sure by now bitcoin would be controlled by government or dead. Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway  I secondly agree with you....bitcoin is still on and growing stronger..population keeps increasing of those using it Yes that is why bitcoin survive and and continue on growing value because of the rapid growth of users demand increases too. And surely people will gonna support this virtual currency even the government do not. bitcoin very rapid development it makes bitcoin will be strong. the day the bitcoin continues to spread nothing could stem the bitcoin of course bitcoin will be stronger in the future You can not ensure whether Bitcoin can continue to grow or suddenly dead in the middle of this century. As you can see, confirmation time is an important issue which can only solve by increasing the fee. However, fees are not always cheap and Bitcoin now is more than $1100 which means, fee is not as cheap as it used to anymore |
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It has already overcome PayPal by my standards but it's left for the entire world to come to terms with this reality and I hope it will soon because the merits of Bitcoin outweighs it's shortfalls and I cannot say the same for PayPal.
What are your standards then? If you realistically look at basically every aspect, then it's still PayPal that has an advantage over Bitcoin. Especially when you look at how people use PayPal to purchase stuff and transact with each other. Everything you do with your PayPal balance posts instantly and offers buyers the protection they want when using PayPal as desired payment option. Also free returns, nothing can compete with Paypal when it comes to online shopping. Well, paypal is very reliable, so nearly all online stores accept, even illegal online store was also accept paypal. Well, for the moment, bitcoin able to compete in terms of anywhere other than online stores. yes that is right but i thin their service is not yet available everywhere. for example the service paypal is not available everywhere. therefore bitcoin is the best option which is available every where. You are wrong dude. Paypal are existing in everywhere and most of the online services are accepting this payment methods. However, I never trust paypal since they require us to provide a lot of ID and many other things. Moreover, your account can be limited or even banned, which can make your lose a lot of money. Thus, Bitcoin is always the best |
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Bitcoin/blockchain isn't dead. It's going through stunted growth pains due to the influence of self interested bad actors.
Blockchain is good. It is future. But bitcoin is worse day by day. it is all about the miners, they still refuse the segwit and it seems that they do not even care about this new technology. With segwit, many function will be upgraded, even the confirmation time. If it truly happens, we can happily hope that Bitcoin will become the next currency of our world and it will be certain that bitcoin will exist everywhere on this planet |
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It always depends on who you ask.
Personally I think it's a good investment because I believe that bitcoin will go up in the future. However, if you're looking to bank quickly I wouldn't recommend investing. Bitcoin is more of a long term investment.
well, if you can wait, bitcoin is always there helping you and brings you some profit. Investing in Bitcoin should be a long term strategy which can last up to 4 years. I have seen many of my friends invest Bitcoin and most of them have achieved some successful results with this cryptocurrency. The prices certainly go up and you will get a lot of money if you keep trusting Bitcoin |
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Digital goods would be the best. I have never ever spent my Bitcoin in real life except converting it to Fiat. My country does not accept Bitcoin and we still have to use Fiat to buy food and daily needs. Well, we still have to wait for a long long time for Bitcoin to be accpeted all around the world
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That's not how trading works, experience only helps you on how to act when you're facing some condition that might make you lose all of your money. It all depends on your luckiness of having the right time and make a right decision about buying and selling. If you have the experiences don't mean you will earn money that easy. Yes, but have experience and knowledge about trading will better help us to get benefit and reduce risk of loss dude. Unlike the people who rely on luck in trading. Decide when to buy and sell what was needed, and it is derived from the experience and knowledge of trader. Although right of each person who experienced not necessarily make a profit, but at least they did not lose much. Thank you yes i do agree that with skills and experience, as well as knowledge, you can become an expert in trading and earn a huge amount of Bitcoin in this field. I do not like how people trade without thinking or having any skill. If you want to become rich, you need to be serious with the job you are working with. I always underestimate them |
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Seems like OP likes dash more then bitcoin, and dash made a quite good jump in past few weeks I agree with that. In one moment price was higher then 0.045 btc, now its 0.035 btc and that is high also. Not just OP, everyone have freedom of choice here, bitcoin can be used for many things now, buying stuff, investing in many different things, giving to charity, trading and my favorite gambling, choice is on us. I`m trying to earn from some alt coins that is ok, but bitcoin is what I like more then any of them, and I spent bitcoins but I would like to find some good alt to hold in case price skyrocket like it was case with btc.
Dash have been pumped for a while and now people begin to sell it. Stay away from dash or you will lose you money. Dash is good but the marketcap is still very low, therefore, people are free to control its prices and its volume. That is the reason why dash prices are so high. It will soon return to 0.01 |
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What attracts you towards bitcoin?
I'm asking this because it could be different from person to person. Different people may like different aspects of bitcoin. So what do you like the most about it?
I attract the valid and main reason is that bitcoin give me a source of income and it is easy for me, because whenever i have free time than i could do it. Because in bitcoin, it has no time limit, and also i could do with my bitcoins which i want to do with it, like buying, shopping, bill paying and amount transfer, and the best way do work hard and earn from it. Bitcoin is slowly getting acceptance in all needs from shopping to investment, but the same is found to limited region around the globe. The main attraction that I found in bitcoin is the varying value which is the best to give users better earning in accordance to time duration. there are some areas where bitcoin is not yet too much introduce. actually there the number of bitcoin users are limited in number and that is the reason that people there do not accept bitcoin for trading or for investment. they need some good advertisement about bitcoin. Those laws and restrictions will soon be expired. People are not heading to the future where Bitcoin is used as the main currency. More people understand that Bitcoin is truly worth and if you dare to hold a huge amount of Bitcoin for a long term, you will be rich in the future. No one can deny bitcoin at the moment |
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That's not the only reason, even they understand about bitcoin, most of them aren't interested at all  I tried to explain bitcoin to my friend and he understood, but he wasn't interested till i say bitcoin is a away to earn extra pocket money. In short, teenagers (and most people) don't care much about something unless it could bring profit/advantage Well that is the ticket to get them in earning and using bitcoin. Joining them in the bitcoin community will be great thing and may help to develop bitcoin. Letting them to join bitcoin community like this forum will help them a lot in helping to understand bitcoins much easier because all the basic topics are here and most of those topics are very interested to read and it can helps a lot for them to be a better bitcoin user and avoid mistakes like others did by just reading and applying it on their self. Not a bad idea to bring children to the forum, but how much will they have endurance and patience is here and chat. Although if just for cognition bitcoin information about it is good. but to me i think it is not a good idea. because if they become addicted to the bitcoin. then they will not be able to give time to their education. and their education can become interrupted. How can a person become addicted to a currency? If my kid is addicted to Bitcoin, I will very very happy since Bitcoin is one of the extraodinary invention in this century. There are many things hidden behind Bitcoin such as the algorithm, math and computer skill. Maybe after being addicted to bitcoin, my kid can become a professor in this field. LOL  |
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Using blockchain.info is not a good wallet and there have been several issues with this wallet, like yours. They allow us to send to money while transactions are not confirmed. Anyhow, if your transaction can not be confirmed, they will return to your wallet after at least 48 hours. However, I remember that shapeshifts address only valid for 24 hours. What will happen if the transactions is confirmed after 24 hours?
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my rank change and I has become a hero member. Can you please update the spreadsheet?
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
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I am agree that it's still possible to get rich with bitcoin, cause of it's price will surly rise higher. But I think bitcoin can suit not to every person. In some places 1100+$ is big money to buy at least one bitcoin and it is impossible to start investing with just one bitcoin. So for such people I would recommend to chose some other crypto currency, which shows good temps of grow now, but costs not so much.
I don't think so, bitcoin isn't a fast or easy way to get rich unless you're an early adopters who have at least BTC10,000 from trade with someone to buy a pizza, lol just kidding. The point is, we need huge amount of bitcoin to become a rich man, but the question is : how much do we have? I am sure most of us here don't have more than BTC10, moreover BTC100 or BTC1000. I think if you have 100 bitcoins, you will be very rich in 10 years. well, perhaps we can be rich with 100 Bitcoin in the next 10 years. However, you need to remember that the prices of Bitcoin can go down anytime. There are many potential altcoins and most of them are not recognized by the people. In the next 10 years, there is a high possibility that they will be utilized by bitcoiners and Bitcoin will be replaced. Therefore, you can not ensure whether you can be rich while holding Bitcoin or not |
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If you get online anytime you can still check the site. It doesn't cost much most especially that you are carrying its avatar and it is getting u paid. (on a lighter mood). I was of the opinion that we should have register on the wallet and get our payment on the address from the it to have first hand information about it.
I agree with you on this as we have other campaigns making this possible especially gambling sites that pays into the address generated on their sites this will provide the opportunity to even have a firsthand experience of the services one is advertising and even explore the other features of the site. In that way to, one can even plough back into the business by keep on using the service even after the campaign has ended. That sounds like a good idea, even though comparing a wallet service and gambling site is definitely don't suit well. It will indirectly give us experiences of using the wallet which is offered and feel the easiness of exchanging an altcoin to another just with few clicks. But as for now, the funds for advertising were already held by Yahoo, probably possible to be realised by the devs next month if they want to extend. dev of that site is just waiting to see some good result of his campaign and surely if he see some good stats on this one i think he will extend for more than mounts, and as participants it is your obligation to wander around to this furom so that this site ads will be visible if people decides to continue and prolong his campaign to help his cause. Signature campaign will help dev in advertising the site and I think it is the most effective way here. Banner and other ad are not good enough to be considered. If you have a good fund, it will be ok to spend more money for advertise |
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When people don't see a big incrase of the price since some months, they jump in the opportunity to say bitcoin is dead. When the price incrase by 10% they change their mind and say, in bitcoin i trust lol. If the price doesn't improve or decrase from time to time it doesn't mean in any case bitcoin is dead or other. They read too much magazines like the washington post, forbes, ect.  Even when they see the increasing in the Bitcoin prices last month, they will still claim that Bitcoin is death because they believe that Bitcoin is not worth to use and Bitcoin suppose to disappear. Fiat has seduced them and there is no way to change their mind. Damn. It is not good at all and you have to accept that truth. Not all of the people like BItcoin |
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I am much preferred to invest in poloniex due to it is already being established for a couple of years in crypto currency. It has no other issues before nor controversy involvement. That's why many coins are very much trusted on this trading platform
Poloniex is very good for altcoin trading. It is good for Ethereum as well. poloniex is an awesome trading platform which is suitable for everyone. It has a good volume and thanks to that fake, coins which appear there are mostly valuable. I trade on that site for more than a year and I have earn a good amount of money. Also earn a quite good experience from it |
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