Indeed, bitcoin can be a global currency! Since bitcoin can be transacted from anywhere to anyone, with just few clicks you can do even on your phone, there is no surprise that bitcoin can be a currency to be used worldwide. It frees people from the hassle of converting to cash from one local currency to the other.
Yes that’s true, Bitcoin is becoming a global currency because lots of people and lots of countries are starting to accept it. This is really a good thing, cause this time around we would be able send/receive Bitcoin from those countries. |
|
|
|
Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
Maybe for us now bitcoin cannot replace fiat but its higher value and more demand all over the world because of its higher value in the digital world. fiat is fiat and no one can replace it as our money currency that we used everyday in our life,but remember bitcoin now is making her own legacy. Ever since I got into Bitcoin, I never saw it as a currency like other people do or something similar. I only see it as a digital asset specifically meant for investment, and that’s what it is. We shouldn’t see it as a Currency. |
|
|
|
For me bitcoin can helps the community by means donate as a user of the bitcoin the money came from the bitcoin I will donate some of in because for donating is the best way to help our community.
I don’t really get this point of donating to your community. But all I know is that Bitcoin has helped to create more job opportunities online, at least we don’t have to rely on PTC and affiliate jobs online that turns out to be scam. |
|
|
|
Yes it is true, and it certainly has been proven, the increase of bitcoin price for a year has reached 450%, even other cruptocurrency is higher that is ethereum reaches thousands of percent, can not be denied again that cryptocurrency make new rich people.
It will be the future of stock investment, but as for being the future of fiat by eliminating the current monetary system as some people claims, that will never be taking place. I’ve been into this for a long time and I know what I’m saying. |
|
|
|
Yes bitcoin is a great way to invest your money into you can just only need to see how much people invest in it and all the good stories they have to tell you about their bitcoins i would say bitcoin can easily make one a millionaire.
I have been involved in lots of stuffs including trading, gold investments and a lot more, but none of them were able to make me much profit as Bitcoin did, despite investing tens of thousands. So Bitcoin is worth investing on. |
|
|
|
You can not control panic selling it was made because of bad events happening just like when china banned bitcoin, they dumped it because of the situation
Must better you know how to control your emotion, if you are not to know how to control it maybe when you going to trade some of your coins it well be make have mistake and you can have get only low price for your coins. You’re right, it can’t be controlled. I even panic in some situations, cause I’m not the type that loves to take risks; although I do take courage sometimes. Sometimes I wonder what happened to Chinese guys that never sold theirs before I Co’s were banned. |
|
|
|
For me it will not end, with this kind of opportunity here in bitcoin many people right now use this and the number of user is increasing and work hard to earn money.
Not possible. How one can ask this question after he knows that the investment in bitcoin is increasing day by day. All the people in the world are using bitcoin for their purchasing and many people have invested for making more and more money in the future. Ending bitcoin means sinking of the huge investment of the people. And the investors do not invest in such thing which is endable. |
|
|
|
It not easy to encourage local business owner to accept bitcoin because most of the bitcoin network base on the internet and some of the local business owner are not educative or surfing the internet. Therefore, if you want to encourage a local business person make sure he/she is education, have an internet and provide him/her the right article to read so the business owner will understand the benefit in accepting bitcoin.
There is no doubt to deny this fact that it is not an easy task to convince and encourage the ones sitting in the local market that they should accept bitcoins. Most of the investors and traders sitting in the local market are unaware of this concept of digital currency. We need to tell them about bitcoin and other digital currencies and after that, we need to tell them what all wonders this bitcoin can bring. Except you even know the right person to meet which most of them are usually behind the scenes as the only set of people you may end up seeing are just the staff. However, for a shop manager who understands how bitcoin works, it can be so easy to throw it to the owner of such stores and see how it plays out cause the owners are apparently the decision makers. |
|
|
|
Internet marketing is a good way to generate profit if you have many skills and so long free time online. Otherwise you can't earn good income with this domain. Also it requires good budget for advertising and building your list.
You don't have to have many skills just to do internet marketing. I agree by having a lot of free time online because you need to focus on your goals and a lot of things to do. I haven known people that are into internet marketing and they really raking a lot of money now. But before they almost can't see a good outcome with their hard work but they believed on it and stand on what they believed so they are raking the good harvest today. Hard work and effort always pay. Internet marketing itself is a skill and funny enough, not a very hard skill that anyone cannot learn but just because some people find it hard to dig for information or learn or probably just because some have limited themselves from the fact that they can learn it. I agree with you that so many people are making a whole lot of money and that alone is a motivation for anyone to learn for their own use as well as for some good cash. |
|
|
|
To find best ICO I am using bunch of resources. Some of them are listings, some of them are rating websites, crypto forums and, of course, official website and whitepaper of the project
On my point of view, if you're looking to invest for long-term, it will be pretty enough to carefully read whitepaper and roadmap. Don't forget that first of all you need to valuate the core idea of the project and detect the value it will bring to the future.
Some of these rating websites don't even drop honest review and they are always after the cash they get eventually for dropping a review on their site. The best I always do is to look through the forum myself, or even after reading the reviews from these sites, researching pretty much on the project as that is the only way I can know if it is interesting or not. |
|
|
|
The only actual problem with Tenx is the fact you need to wait for 2-3 months to get these since there is a huge demand.
Interesting... Guess that rules out the possibility of Tenx for me. So apart from that, are there any anonymous virtual debit cards that can be topped up using bitcoin, that also works outside of EU? As i've said, i'm forced to not use Wirex anymore since they are not issuing VCCs anymore. I guess i could just get a preloaded VCC which i can't top up, but that really sucks. I see some comments above suggested Cryptopay for anonymous account. But I never tried before, maybe you try it and write a review here  Cryptopay has always been the best option so far without disappointments. Easy to get going, fees are great and no limitations most especially for those who are outside the EU environment. I cannot say though if they are the best, but until I see a better alternative, for now, I will still rate them as the number one with the best exchange rate. |
|
|
|
I think no but they will similar at some time because both this money are very popular in different country like here in philippines,the transaction of dollar here in philippines is so fast to exchange in our own money called php and in bitcoin we have wallet that you can exchange also in a second both similar and good to know how to use
Yes I also with you. In the future there will be only one currency in the world which will be the mainstream and that would be bitcoin and not the dollar. Because dollar is a paper currency and bitcoin is a digital currency. Both have different features. One cannot use dollar in their local markets while the bitcoin use will be worldwide ion your local markets, national and international as well. |
|
|
|
Government can do anything and there is always pressure of authority bodies when something extra ordinary happens within the world. However in developed countries government might just not care much about bitcoin or digital world as long as something illegal is not happen with it. The vulnerability of getting stopped with bitcoin might arise in the countries which are underdeveloped because the government won't allow people's to use third world currency as they may loose control over there own. This is complex and you never know what decision your government might just take in first place.
May or may not the governments can do anything but bitcoin is not the property of one government. It is circulated all over the world. And the people invest in bitcoin from all over the globe. So it may not be so easy for any government to stop bitcoin because it is not only a currency but also a coin business and all the people have the right to invest their money where they want and where they feel the most profitable field. |
|
|
|
I didn't yet, so far.
I am however working on a way to make money by full-time employment in Bitcoin ( combination of development and trading).
I have not much confidence in this making a living by advertisement thing to be sustainable in the long term.
(it will be professionalized and agencies or something like that will arise), but I guess anyone can prove me wrong...
That’s a great idea and it will help me to work more into my bitcoins and I can use this all for the corresponding to my job and this will need a big amount to invest in bitcoin so that I can have a lot to manage my other expenses also and above of my friends had left their employment and now they are 24/7 in bitcoins and are earning a lot than CEO of their company. |
|
|
|
Had a 1.85 btc accumulated from the dust spam way back 2015, and have stored them only on a blockchain.info wallet without any clue to spend it or to transfer it somewhere safe. Those dust came from numerous private keys that I just swept and somehow accumulated it to 1.85 btc without me knowing it. I've lost the identifier and the password (most especially the mnemonics to unlock the wallet) that could potentially give me a good $5000 at most since I already found a way to spend those dust outputs.
I don't know who is responsible behind this mishap but sorry to hear about your loss. 5000 dollars is a good amount however, it is not the end of the world. You can earn that much amount again by the same method you used earlier and nest time you must write down the identifier and password somewhere safe so that no such causality occurs again. There is no such condition before this and this was exceptional case my advice is to contact the security department and register your complain there, a lot of money is lost by you and they should negotiate your loss, and use some credible wallets to keep you coins safe and sound so that they can’t be taken away by anyone else. |
|
|
|
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
What do you mean by collect? I would recommend for you daily job and then from money you earn, buy bitcoin. Collecting from faucets or any other means are far far far less efficent than actually working and buying bitcoin from your payroll. By collect I mean to buy So its seems like a long term deposit which would finally end up in benefits right? I mean has it ever happend that it let you down? Expecting to be received benefit yet you don't? So, you buy bitcoins for investment ? I think both are good if collect bitcoins as an investment. Because having a daily job also good, you can earn money with it and you can use the money for buying more bitcoins. If collect bitcoin means collect free bitcoin from faucets, it's really not worth. For me the safety way do earn bitcoin is just collect bitcoin than investing because sometimes in investing it dont have a good result for the bitcoin user because of the scammer user. Earning bitcoin is the most beneficial way of utilizing time according to me. Bitcoin is worth all of our time. The more someone will put efforts, the greater will be his income. If someone loves this present and future, he will be spending a good part of his day in bitcoins. I heard about the book and have been suggested by some of my colleagues also but really forget every time but this time I will make sure I accomplish this task. Earning bitcoin is not that much easiest and it requires a lot of time and skills for securing such a valuable income, signature campaigns are nowadays in market one can work for them and can easily earn bitcoins through it and this requires minimum efforts and also beware of all the scammers out there and work for the authentic ones. |
|
|
|
Hey I'm in the same boat as OP here, I'm currently using a blockchain.info wallet.
- Is this a proper wallet?
- Will i just receive the btc straight into there and i don't have to do anything?
- IF NOT, would it go straight into a paper wallet?
Thanks guys
Yes this is straight wallet and there will be no formalities in receiving payment through bitcoin, and it is safer as compare to other wallets and there is no chance of hacking or getting into your wallet, and there will be no transaction fees through it and there also many online as well as offline wallets out there so that user can chose reliability. |
|
|
|
Nobody knows when and where is the floor. I have to fix a good price for you if bitcoin reach it you buy and you don't wait it increase more.
You don't know when it will recover.
Dump is the best time to buy and it gives chance to all to buy more and there are a lot of people who are waiting for price fall to buy more so don’t miss the golden chances and dumps and pumps are in sequence so buy in dump and cash out that in pump and you will be counted in the successful and rich investor of bitcoin. |
|
|
|
|
Show Posts
