What i like the mose of bitcoin is this
1.potential earnings without capital
2.less transaction fee
3. Can do transaction to people anywhere im the globe
4. Anonimosity
5. Mobile friendly people can carry it wherever they want as long as theirs net and mobile device.
And thats what i like for bitcoin and keeps improving in future.
Yes true to be able to send or transact with the entire people easily it also became my love with bitcoin. What I liked is that I can add to earnings here. |
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There are multiple options that can be done and I think the best option its to fist explain it by yourself and than later on let them see video with explains of the bitcoin.
I thought to tell him in person and taught him directly would be better than using video. of course they will be more familiar with what you told us. but the problem is on time you can not serve everyon and teach everyone about bitcoin? Surely you have other activities right? Bitcoin teach someone could do in his spare time. As I teach my friends, I just tell the bitcoin we can get the money. Then he asked many questions and finally until now he is still using bitcoin. |
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i hope bitcoin is rise up to $800 and more.
There were predictions that bitcoin will rise to $1k last year but I hope that we reach $1k this year. That kind of prediction last year was just a desire for those beginners in bitcoin technology. They expect that kind of price because of at least 100% increase of pumping in just a matter of days where it just only reached $506 IIRC as a year high record of 2015. Just a matter of time before this is gonna happen at june july on halving. We will reach the the 800 dollar because of the halving, its just that we need to believe in it. Bitcoin prices may reach $ 800 by the end of this year or early next year. Because bitcoin growth should take. |
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bank is always safe than bitcoin, you see it exist from long time, bitcoin is never can popular if government still not want use
Banks are safer because they have the ability to move numbers to other banks and say that money was actually moved. You can always make your Bitcoin completely safe by taking it and moving it to a completely secure site and making sure the private key was completely erased from any sort of database ever. Yes banks guaranteed by the government so that the security of keeping money that's for sure. Bitcoin is a digital currency and I think still vulnerable hacked. But I believe bitcoin will grow to be better, and the development of bitcoin later in my opinion will not make banks disappear. |
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I don't think it can... Rather I would predict to be a co-existing situation with bitcoins and banks. For example, I am using HSBC while I am using ANX, no conflict with each other.
I share the same option with you in the short term. However, it is hard to say in a long-term perspective. The appearance of companies like ANX will certainly bring large pressure to the traditional bank industry. Let's wait and see how everything moves on. can you explain more detail? I know that bitcoin and blockchain is a innovation idea. but it has touch the the core of government and bank(I still believe that money value come from military power). Why they still let these company growth? I think it is kind of innovation and the size of these companies (e.g. anx, bitpay) are not big enough to threaten the position of traditional banks at this moment. Maybe 10 yrs or 20 yrs later, government may intervene. Yeah, i also think that bitcoin will hard to make bank disappear. Because bitcoin don't have enough power to do it. Must through many processes to make bitcoin more useful rather than bitcoin and then makes bank disappear. Yes it is very difficult and I think although bitcoin has been a lot of changes and very advanced I think it still will not make banks disappear because it is a very difficult and unlikely in my opinion. Banks and bitcoin not influence each other. |
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I want to earn a lot with a number of way online to become rich.
Yes I also want to get a great deal that I could become rich with bitcoin. If that happens I will buy my bitcoin needs to fulfill. |
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After block halving there is pretty good possibility to get this price floor of $800 there, i am quite sure before end of this year price should go over $1000 as we have so many positive news about the brighter future of bitcoin.
Yes I hope so because of course it will benefit me and you all. But I think to reach $ 800 this year might not be enough and still close, but I'm sure next year for sure bitcoin will achieve these levels and will continue to rise. |
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800$ is reasonable price and i think Bitcoin will reach this price after the next halving. However i am not sure if that's will happen this year surely , may be it will reach this price in the first months of the coming year.
I also believe bitcoin really would have reached $ 800 and will continue to grow. But for this year are unlikely to be because the price is going up gradually. In the next year for sure bitcoin will reach that price, and will continue to grow, I'm sure of it. |
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my plan is to earn bitcoin as much as i can in the first place. this earning will consist of signature campaign earning, and a couple of other micro jobs.
then my plan is investing theses earnings mostly in trading to earn more bitcoin.
and the final plan is to hold the bitcoin for the future when the price is high.
Yes nice it can make us get many benefits with bitcoin. I will also continue to collect bitcoin but I sold it when I needed it. But I also keep a few to keep my tubes and selling it when I want to stop using bitcoin. |
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As the title say, what is the proper way to teach someone about what is Bitcoin?
The best way that I would do it is to introduce them to this forum and advise them to ask all their questions to us. They will get the answers straight away and you have barely done anything!!!  probably the quickest thing is to find things about bitcoin via the internet, or google, and only if there are questions that have no answers google about bitcoin, then joined the one in this forum. Not in my opinion it will not make them understand about bitcoin. I think we need to tell bitcoin communicating directly because it would effectively make them understand directly about bitcoin. It is best to learn something is to learn directly from the person. |
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I'm not trying to sound negative but there's a also a possibility that banks can make bitcoin disappear. You ask me how?
Banks might come up with their own version of a regulated bitcoin like product. Since banks have been around and people see them as trustworthy companies, people would think that their money would be safer there and they would have options to choose from in terms of what they'd like to invest on.
I agree with this..banks have survive years..Maybe because of adopting to new situations...So I think if bitcoin would go mainstream, banks would also think of what they can offer to counter and slow down bitcoin, so probably adoption of new technology like blockchain would be a great idea for banks... Maybe they will adopt to blockchains technology. But I don't think banks will disappear. We are still using banks to exchange bitcoin to fiat. And I don't think exchanges from this two will ever disappear. Bitcoins growth will always be measured by how much it is worth in fiat. We do not need banks to exchange the bitcoin to fiat. That can be done by the existing exchanges so far. Not but in reality there are still many people who exchange bitcoin is still using the money to me, including me. Bitcoin will not make banks disappear and it is quite impossible. Bitcoin and banks are very different and can not compete with each other in my opinion. |
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I do not think that that is going to happen any time soon. If the halving comes in to play then it will definitely not happen this year. Maybe it will happen next year or the year after that.
Yes very true, it is because bitcoin price increase very gradually and requires a fairly long time. I believe bitcoin will reach it but it takes a rather long time and may be reached in the next year. |
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No solid amount of planning would be any good if it's not executed properly. How many times have we seen great plans that did not come to fruition because of poor execution. Taking too long a time to study some things might lead to inaction until such time that opportunity has passed.
Yes true implementation must be done properly to be productive and get good results. We have to perform well, we have to collect bitcoin well in order to get a decent amount of bitcoin. |
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I do not think that Bitcoin this year will be $ 800.
Maybe 500-550 dollars will be. It is not the first such topic with divination prices. And no one has yet guessed. Price still about 450 dollars.
It is not known what else will happen after Halving. Some hope for a price increase, but it will happen obviously not this year.
I am pretty sure there will be a price increase this year as result of the block halving, only not as much as some people here are thinking. If we can maintain a price above $500 for the rest of this year then it can be seen as a good thing. Yes hopefully it will happen because if it happens we will benefit. But I think the rise in prices in bitcoin requires a process and I think this year has not been reached, may be achieved in 2017 ahead. But we will see what will happen because this is my estimate. |
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i think bitcoin do not make bank disappear but it make company to be a bank more easy.
for example, ANX in Hong Kong provide debit card and bitcoin saving. in my view it like bank
Yes bitcoin really can not compete with banks because banks are not going to disappear any time until disappearing because if will affect the country's economy. But if the banks with bitcoin work together it would be good in my opinion. |
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I would save some bitcoin in my wallet. I will keep for at least three years. I think in 3 years bitcoin will have a fantastic price. with these benefits can be many-fold. I hope what I did right and my prediction as expected.
The same thing as I'm thinking to put bitcoin in a cold storage wallet and just put it their for 3 years. Surely bitcoin price will rise by that time. And you will get profit after it without any effort. But once if the price is not that much bigger means what will you do? So I think consider it as short term investment and sell your bitcoin if the price exceeds a reasonable amount and then again continue the same process. We need a strategy to be able to profit in bitcoin. Saving bitcoin and sell it if the price is high it will make us rich. But it should be with a good strategy so that we can sell bitcoin at the right time. |
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I explained the first one is with bitcoin we can shop with ease. bitcoin provide comfort and convenience. and I recommend to everyone that bitcoin can be obtained free of charge.
Yeah definitely this is in addition of my post above. Just like shopping online with dollars, There are stores that accepts bitcoin for the payment. That's easy and less hassle. I just explained my friends that bitcoin is the newly emerged technology with which you can earn profits and this is the digital money that you can use online also it is the future money which lives forever. Yes it is the easiest way to explain to people about bitcoin. The most important thing we should be able to make the people we tell about bitcoin keen to use it. I'm sure if it had been interested for sure they will want to use bitcoin. |
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yes, bitcoin is a revolutionary. bitcoin has many advantages compared with banks. I was very pleased with bitcoin, and bitcoin better than banks. banks will lose a place in the public eye.
No, it's not going to happen. Because banks are a long way compared bitcoin and banks have got a place in society. Now as proving there are still many people who exchange bitcoin she got into currency and send it to the banks. It is a proof that bitcoin could not make banks disappear. Bitcoin very difficult for banks to make disappear. The important thing now is bitcoin capable of progressing. |
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USD800 before July  Don't think so. I see $500-600 as an absolute top of the price this year, provided there is nothing else apart from halving. If we have new developments that will help the adoption, e.g., agreement on the block size, then it is another ball game. $500 will be seen to everyone within this week and still there are a few months for halving and there are a lot of people more who want to buy bitcoin , the demand will increase these few months continuously and so the price will continue to increase. To rise to the price of $ 800 I think bitcoin for this year is rather difficult due to the increase in bitcoin is not large but slowly. So if this year could not reach it bitcoin would be able to reach that number in the next year. |
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for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.
For me only Bitcoin is best for me, i think bitcoin has a magnetic power ,so mostly people attract with it, i really like bitcoin, and i believe mostly people like it and use it firstly, secondly the way of earning of bitcoin is very easy, everyone can earn it and use it easily. Actually, according to my bitcoin is good and easy to use, it makes a lot of people using bitcoin. I like because bitcoin bitcoin income could help me with ease. |
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