absolutely a big no!!!!! cause bitcoin is only an online currency and nothing special about it to replace the banks,
so its impossible to bitcoin to replace banks.
in actual its true but actually why would we want bitcoins to disappear banks ? Both can run because none of them influence the other in any manner. important part of world economy is no longer enough to compete with digital world. That is the point where the problem for banks starts. But banks can now also be accessed online, and I think almost the same as digital. Banks I am sure will have plenty of ways to stay afloat and I'm sure it would get help from the government. That's why banks are very difficult to disappear. |
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i hope too
I also hope for it, but I don't think it will be the price by the end if year. maybe in the next year, the price will be $800 or more. don't lose hope Yes my expectations as well as your bitcoin will definitely reach $ 800 at the end of the year or next year. I'm sure it will happen, bitcoin will definitely grow and prices will surely rise. We will reach the the 800 dollar because of the halving, its just that we need to believe in it. Just a matter of time before this is gonna happen...this year It is not a matter of believing, or not, that the price will rise to $800. It is a question of being realistic about were the Bitcoin is and its valuation. For now, the current price more or less reflects the real worth of the coin, and thus halving won't double it. Halving is about cutting in half supply of newly mined coins. But there are plenty of coins already in circulation that can be used to suppress the price. You got the idea here mate, and most of bitcoin is use in black market, few are only using it as a payment in buy sell things. Mmedia also avoids exploiting bitcoin that's why it never get popularize Yes, although the media avoid the use of bitcoin was nothing if mass adoption is done by many people. I bitcoin area used by the legal purchase and even quite a lot of people using bitcoin to purchase legal. |
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
Yes the bankers are more expert business persons, they can fit themselves in any modern system which is introduced for business related finance in order to give success to their banks. And I think banks do not have only one job which is savng money for people, but it has a lot of other duties for the state also, so they will remain there to perform their duties for the state affair. Absolutely banks have a duty not only individuals but can save money to save money on a state or a country's financial monitoring. So therefore the banks will not disappear because bitcoin and that I think is not going to happen. |
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I am busy in collecting and earning bitcoin in the best way possible and hold it for future without spending it and would sell when the price reaches to the sky.
Yes maybe people like you would use bitcoin as additional income only and certainly just use the signature campaign. It was not a problem and I think it was good. Because the magnitude of the wealth of each individual is different. |
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Really like what you're talking that everything related to the internet will certainly be hacked. But if we buy from the bitcoin bitcoin reliable trading site I'm sure it will not happen. Because as long as we do not give our passwords will be safe and should be replaced periodically password to be more secure.
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Negative feedbacks from Government, Media and Press is diverting the minds of the people and they start thinking negative about bitcoins that it is illegal currency.
your right!!! most of the government hate it because they can't control it, helping the banks stay on their feet. And the press are making bitcoin a bad reputation without telling the good side on using it. Yes indeed in some places there were legalized bitcoin, I do not know what the reason. But it will not make people stop using bitcoin in the area. I'm sure some people are desperate to use it. And I do not know why bitcoin on the illegal. |
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i hope that i can buy a new gaming computer, a smartphone and lot of any other thing like food and household things
well, maybe BTC will help me to pay some of bills though
You would be able to buy all things for sure in future, let give some time to bitcoin to reach its potential and then we would be able to buy almost anything. Yes the bitcoin itself has a really great future so its true that someday in the future everything can be bought with the bitcoin. You already now see stores that are accepting it because they know the bitcoin will be very big globally on day. So right now there are some stores that accept bitcoin and gradually becoming more common. It is the first step if we'll be able to buy anything with bitcoin and the longer it will be easier. |
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i hope too
I also hope for it, but I don't think it will be the price by the end if year. maybe in the next year, the price will be $800 or more. don't lose hope Yes my expectations as well as your bitcoin will definitely reach $ 800 at the end of the year or next year. I'm sure it will happen, bitcoin will definitely grow and prices will surely rise. |
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Bitcoin can change the way banks do business but it will not replace a finely established system that so many are used to dealing with.
If you put bitcoin next to a copy of bitcoin that the banks are pushing,the public would choose the bank copy all day long.
Yes absolutely right bitcoin will not affect banks that will make disappear, it is not possible. Banks are required economic institutions that exist in every country. While arguably bitcoin crypto and transactions only at online. |
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my plan is simple to hold onto mine and hope that there is a spike in the price again like a few years agio
Yes I also hope so. I am very confident it will happen for sure, but when it happened I do not know. Bitcoin prices would have soared. |
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
That is true, banks have been tested by time already..they survive, so even if we say that bitcoin is getting strong, it can't make the banks fall that easy and fast.. Yes absolutely right bitcoin will not be able to make banks disappear because it is very difficult once and maybe my opinion is almost impossible. Besides banks and bitcoin are very different and there is no connection at the same though could save a fortune. |
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I have around the same plan, not any exact though, Just should collect around 1000 bitcoins somehow, Wait for the price to explode and rise much more than the current numbers and then sell and become rich!
Collecting 1000 bitcoins somehow isn't easy work mate, unless you are ready to purchase this amount from your pocket. It could happen but it takes many years of hard work and high. May collect bitcoin slowly going to make us rich. |
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the thing i like best in bitcoin is that it allows anonymous currency transactions. means no one will know about the payment or other information related to the payment including who send it or who received it....
bitcoin isn't fully anonymous your transaction still can tracking by txid,ip address,etc but bitcoin is still safe to use. Yeah everyone in the world can see your transaction but they will not know who you are and thats a good thing in bitcoin. It will be hard for them to know you if you are using bitcoin. Yes very true to our security as our personal data will be kept very secure in bitcoin. I like it because it is the security of personal data is necessary to avoid unwanted things. |
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Dont think it will rise that much, maybe 600$. Its pretty much stable now... A friend told me it could go as high as 3000$ in July but i dont believe its possible.
not sure who you friends are, but don't believe what they say. $3000 in juli is a big joke. we might be happy if we see the price reach $600-$700 before or after the halving this year. yeah your right its impossible to reach the $3000 this year and i think the price will play around 600-700 or even 800 if we are lucky.. we will see the this value after end of halving.. Just lets hope the the value of bitcoin will reach 600 above.. and i know after reaching this value half traders i think will be dump so that the price will go back to 400 above.. But I don’t think that the price after reaching to about $800 will come back to $400, as all the users of bitcoin are not just buyers and sellers there are a lot of other features available other than trading. Yes, there is a fear that the price of bitcoin will reach to lower again if everyone started to sell his/her bitcoin, we have to support and stay with bitcoin for longer time. And have to benefit with its earning at high price value. Yes if the majority of people will sell their coins at higher price then we might experience price fall in future too which would be very disappointing. There will be a price hike but if the price of bitcoin goes down it wont be that much as everyone know that bitcoin will be hard to mine and the price should be right. Yes true if the price drops bitcoin certainly was not much and will definitely go back up. I'm sure the price will surely rise reached this goal and will continue to rise. I believe bitcoin will thrive. |
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I would really hope so lets just say lets all cross our fingers for this amount or higher than this will be better. I am also hoping for this amount then it will be a good negotiation for bitcoin to be more in demand and can have the highest form of business. If all the people would realize how bitcoin can change their ways, they will all do switch to it..
Yes true I also hope if bitcoin will reach it because it was a very important advantage, especially if it costs more. But it requires a fair amount of time in my opinion and should be patient again. |
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I think one of the reason why people are stopping from using bitcoin is they are lack of knowledge how does bitcoin works and its potential. They don't know that bitcoin is now an online currency.
If the person is already using bitcoin I believe there is no reason for them to stop using it. I think one of the reasons why people leave bitcoin is for their own activities in the real world so that they can not take care of their bitcoin. |
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This may happen in the future when people understand that they do not a third party to deal with each other. There would be no need for banks if people start to believe in peer to peer txs
Currently most people are now believing in p2p trascantion and it makes their life easy. Bit coin cant replace banks as it will still be used by large majority of people. I do not know about it but I think bitcoin could compete with banks but not to make it disappear. Because in my opinion makes it very difficult banks disappear happened and I could not even think. |
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My plan is to get rich by just investing in the bitcoin itself because of the good future it has right now.
Due to the halving it will go to a high price so getting rich by investing is possible for sure now.
Yes you are right. As long as bitcoin prices fluctuating and heading towards big prices like $1000 or even million dollars, we can have many plans to become rich with the bitcoin. I'm also planning investing into bitcoin and saving it to become rich. the first Question : how much your bitcoin balance for future...? are you buy it or just earn from some way..? The second Question : how long you will hodl your bitcoin..? The 3rd Question : are you sure will reach $1000..?  1. I will be having some 50 to 100 bitcoins in next 2 to 5 years. I will buy as well as earn. 2. I will hold for ever. I have no plan to sell it. Definitely I will only use it. 3. I am very much sure for even one satoshi =$1 or $10. will be very easy for you to get a lot of advantages when you have a lot of bitcoin. when prices rise, of course it could be a moment that you were waiting for. but to collect as many as 100 BTC bitcoin. not an easy thing. the problem is there. how to get bitcoin that much? if we already have bitcoin much. of course we will more easily become rich. right ? Actually, to obtain 100 BTC so could happen, but it requires a lot of time because it is very much at all. I think for the rich should not have much bitcoin but enough to get a regular income only I already think I could be rich in bitcoin. |
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That is not possible. If it will rise than it will rise very slowly so we need patience. And just wait what the value will be.
But maybe about 2 years it is possible so please look forward to it.
I do no think you are right, I even think you are very wrong about this, the point is that the halving is also coming this year. The halving can let the price increase easily in a short time, because of the halving it can even go to a higher amount. nothing is impossible, so it might be. if positive bitcoin prices leads to rise, it may be the end of bitcoin prices will be at least $ 800 or $ 750 or more we have to do is wait If bitcoin continue to grow until the next 10-20 years I believe bitcoin will pass that figure. Because I am very confident later bitcoin will certainly evolve. Only time will answer later. |
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It's can't be...
At my opinion btc's will disappear sonner than banks. A lot of people don't even know about btc's, but everybody knows about banks. So btc's need to be popular first.
keep calm mate. bitcoin will surely be popular just about the time. time will answer that bitcoin users is growing rapidly. you will see it  Yes absolutely right bitcoin will surely be popular someday. But it will not make banks disappear. |
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