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The ages of bitcoin users are varying ( but not 55+ as those people now are not able to give time to bitcoin and now they do not feel that they will need to work online) especially those people are there who often search on internet for online jobs and online earning money.
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I heard about bitcoin in the end of last year but I was not aware about this forum so I was not going to trust on bitcoin I was on PTC sitesand there I often face ponzi schemes so I did not adopt it but after hearing about this forum and after joining it when I learned about bitcoin I shifted to this currency for all of my online works.
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If the bitcoin price drops to $1, I will buy a lot of it. I have been accumulating the bitcoin at the current price.
I think think that at that time anyone will buy bitcoin as at that time bitcoin will be considered as a dead currency and no one will believe on t anymore as with that almost all of the users will ave lost larger wealth , and only newbies will invest some of its money but it will not be able to increase the price . |
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Bitcoin doing so huge impact on my life, because i'm here for a long time and i want to stay here for more, because i believe that bitcoin have a super good future.
And that super future of bitcoin will embrace all of us with super future financially and in that future we all will be rich and will be able to live a luxurious life and we will be able to complete all of our dreams. It is really going to change our lives. |
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In my opinion it not only can be a global currency, it is already a global currency because people all around the world are using it
i think its the only question when big companies and countries will be using bitcoins as their official currency and that will be awesome
When big companies and countries accept bitcoins as their official currency, a one world government is at hand and I do not think we are ready for that yet. For the sake of bitcoin it will happen, as we all are working here on this forum as a single community without any difference of race, country, culture etc, so in the future with the spread of bitcoin the world will become a single global village. |
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I treat the mined coins the same as bought coins. I will hold most of them and use some of them to buy things.
Mining and saving coins is a good for a moment, and selling it in future can serve the purpose, as this is not the right time to sell, its better to save and sell when the price goes higher in future. Yeah savings is always the best to do right now because the price still in 600 value the price can be increase at 800 value to 900 value this i think will be the price this coming novemeber so if you start mining right now you can make more bitcoin and sell it when the price hit in 800 to 900 value.. A combination of saving and selling the coins you need to pay the bills is the best. If you make sure you have your profit full into bitcoin then you can use that money for special occasions. Because that price is likely to go up in a few years. we should not have to go for the combination, but we have to save when we do not need money and when we need some money for paying our bills then at that time we should have to sell our coins. |
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i dont believe in fiat because it has no future, i believe in bitcoins only
I do not believe in fiat. But I still use the fiat a lot. More than 99% of my purchase is used with the fiat. 99% you are using fiat for purchase that even concluded you are depending and believing on fiat, to be honest i depend upon fiat for my daily needs as i cant use bitcoin to satisfy my daily needs, still i like bitcoin more as it is an good earning for me. Fiat's main role is to support our regular spendings in life. If a person is hoping for a bitcoin price increase, then it's sucks to see such statement that they aren't believe in fiat. Without fiat, your bitcoin earnings will be the main use for spendings which is not good since they have to convert their bitcoins whatever the price is. And with the current state of bitcoin we will be having a hard time to spend our bitcoins for basic needs, we need fiat to transact anytime we want and most especially in payment on offline transactions. With offline transactions it is difficult to pay with bitcoin, but online we can find anything with bitcoin, he current situation for online users is much better and it is the hope that in the future it will be more better and we will not face any restriction for its payment in any way. |
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If the big whales are here then maybe we will be able to manipulate the price of bitcoin with their help, but if there is a bigger community available other than this forum hen it is impossible for us to manipulate the price of bitcoin, as in front of them our bitcoins amount is negegible
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And we will enter in august in a few days and still we are seeing a good stability in the price and the value of it did not decreased, I am sure and hope that we will not face any lose in the value of bitcoin in the coming but will see a good increase in the value and it will reach to $700
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If you have a family ,it will teach you how to save money for your future. But if youre single and dont have any plans for the future you will not know what is the meaning of saving if your totally have nothing.
I think for a single person it is not a problem to save money, as a single person do not need any higher amount of money for his living and so the remaining money will be saved with him, while a person with family will not be able to save any amount as the family demand nowadays is unable to fulfill by a person whose income is a normal income. |
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Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
as the system of bitcoin is not established everywhere that is why we feel better with cash in our daily life while paying in our local market, and if that system established everywhere then we all will refer bitcoin as it will be more secure for us. |
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In the previous halving the price increased about three or four times and in the present halving the price doubled before halving day and the expectation is still there that the price will increase more after a few months, so keeping this in mind everyone will once again try to get bigger profit from the coming halving in 2020 and so everyone will buy more and more and with that the price will once again boost higher.
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I dont know the best choise, i believe its time to invest, as price looks stable and an investment now can bring you a source of income over the nexts months, soo buying or selling is just a waste, atleast for me, i dont play this game, i invest and wait to roi, this way if i need to sell i will get my coins back and an extra source.
can you point out that what investment are you suggesting? do you mean investing in bitcoin? is not buying an investment in bitcoin? Actually we the users of bitcoin when buy bitcoins then we call it as investment, so there is no any difference in buying and investing in bitcoin. |
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Do not buy bitcoins with all of your money. Thumb rule investing is you should not invest all your money at same place rather do it in parts. This will reduce the risk of loss of your money and chances of profit will be really high.
You should believe in Bitcoin if you want to make money with it, it is a risk that you have to take if you want to invest in it. But it can all pay off in the future. That is right. I believe the bitcoin will be the currency of the future. I am trying to accumulate as many as possible. Thats impossible that bitcoin will be currency and fiat will never change and replace it with bitcoin.. Bitcoin we can use it in online activity or just alternative for payment.. But if every system will change to digital system and everyone will prefer digital system of payment and at that time bitcoin become a more established and a more stable and reliable currency, then it will be the possibility that more than 70% population will prefer bitcoin as their payment for any purchase and transaction. |
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That's really hard to reach entire population worldwide in such a short time, because bitcoin have been just a few years away from its day of existence. Most other currencies evolving into the world have took long years to reach worldwide population. For this reason bitcoin reaching entire population by 2022 is not possible.
yes that is a fact if we talk about the next generation then it is ok round about 30 years later but after 6 or 7 years it is not possible because if i talk about the present condition of my country in my country the litracy rate is below 20% so how can they learn about computer and internet but i am hopeful that after 20 to 30 year the literacy rate will be quite good and then people will use bitcoin easily. The education is must for understanding bitcoin, a time will come when the rate of bitcoin will be depend on the rate of literacy, if there were more educated people then there will be more people who will use bitcoin, and only uneducated will not have bitcoin. |
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So far, I have not sold any bitcoin. I just used some bitcoins. I think the bitcoin is the best investment so far.
I think it is good to hold and use the bitcoin. The bitcoin price will rise in long term. If you use it, it will also help the price. Lol I can't sell my bitcoin if I don't have. But I only sell my bitcoin when the price increase I can make profit with it. I know that not selling your bitcoin have some good things, but people love to make profit. The profit is not only in selling our coins, but if we keep our coins for longer then we will be able to get a big profit from the price incesease of bitcoin, just like a few months ago when the price of it was increasing much faster. |
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I think that you should on to them because they can be worth allot of money in the future. If you can make money with them right now you can sell.
But I am sure that you are going to be able to make more money with them if you wait.
I think you are true he should have to wait for a little more so that the price of bitcoin is increased and he get a more bigger value for that 12 bitcoins, after that he will be able to start any of the business he want to start. |
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get your hands on a bit of bitcoin and just wait. Some of the bitcoin you can either invest or bet with, but keep a stable amount.
the idea of investment is better but with the suggestion of betting you are making him poor not a rich one, there is no any person who is rich with gambling but everyone is losing at gambling even the wealthy people also are poor now with the usage of bitcoin. |
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In relation to the topic, new bitcoin demographics survey results were released yesterday by bitcoinx, showing 86.9% males, 13.1% females: http://bitcoinx.io/news/reports/bitcoin-user-demographics-european-males-age-25-34/Pretty much in line with what any reasonable person would expect. Women in general are less interested in technology/economy, and those who are will get on board without any special encouragement. Oh! the percentage of females there are much lesser, But I have doubt on that survey, it is totally impossible that at home basd jobs the percent of male are higher than the females, the females are more at online jobs so they will also be the same at bitcoin. |
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i think that might be the case why not so many people use bitcoins right now, though we cannot do anything about it in my opinion, people themselves have to change
Nowadays we really need all of the users to use bitcoin as a normal currency for their use, as with that bitcoin will get a strong image in the world market and will get some strength, and with that it will have a chance to become a global currency. |
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