Bitcoin will not yet replace the US dollar. First of all, bitcoin is not as versatile as USD. Second, the world has not yet fully accepted digital currencies as a medium of exchange and payment. Hence, we cannot see bitcoin to replace USD or any currency in the near future. But surely, digital currency will change the finance game! It's just a matter of time.
And besides all that, bitcoins are limited, there are a limited amount of bitcoins in circulation which i doubt would be able to fill the gap at all, because there are a extremely large number of USD in circulation right now in the world and bitcoin wont be able to cover all that. |
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It's about acceptance, none can come here and say that X altcoin will replace bitcoin.
It will happen only if everybody start to use other alt and at this point I think it's improbable.
Exactly, why would people stop using bitcoin and adopt another coin in place of it while it is already giving them what they want, it is growing with the time, it has the anonymity, it has got a good value, what else would someone need from a digital currency? |
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Paper money is relevant in the future through bitcoin transaction.
I dont think paper money will be remove in the future as this is
being used already. However, lets admit thats its really helpful
to all bitcoin users.
I think though true digital currency will be more popular in the future but I'm sure it will not be disappearing to make paper money, because paper money will always be needed for offline activities If they change paper money to a digital system where paper money wont be used anymore then there would be no use of paper money even in offline activities, but no one can say for sure that bitcoin will be that digital system of replacing paper money system. |
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It can somehow be a good decision regarding that black money thing but i don't feel that this thing will bring any change for bitcoin in India or anywhere, maybe the people keeping cash at homes would convert their money into bitcoin if they know about it, but it is not likely to happen.
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We cannot really know this to be honest because the price is important from the bitcoin and the price in about 5 years can be very low but also very high so we cannot predict this at all right now.
Though no one can predict the exact thing if what will happen in future but still we can do our prediction according to what we think, and what i think is that we would probably need 100-500 bitcoins even after 5 years to be a fiat millionaire as i feel the price would surely grow but it would not grow too high as what others might think. |
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What goods are you willing to sell? It would be nice for you maybe or maybe for the ones who will buy because they will have a chance to get the things they want with their bitcoins.
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I got scammed by faucets, cloud minings, hyips and ponzi schemes etc.
Just remember one thing that the websites providing more payouts than usual are mostly scam, but even if a website is offering valid offers you should have a check on its history to know if its reputation is good or not.
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Offering my services. Selling magic tricks or solutions on how they did it. I will try to figure it out.
Try to be more clear, i'm not getting what you are offering, and also you should open a thread in Services section if you are offering any serious service. |
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im new here in this site how can i sell my services here for bitcoin.. please help me about this
Hello there! Go to this section: ServicesAnd open a thread in which describe your services if what you can do and show some samples of your work as well so that if someone likes you work they would hire you. |
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All scam sites have some things in common which is to try and lure people in then steal their hard earned resources and how do they achieve this? Its simple they know everyone wants to earn money without doing practically anything so they promised that to you that you won't do anything then they move further to promise you mouthwatering returns which in most cases even if you work for it you likely might not earn that. So this two put together is a sign of scam and nothing more.,.
It's true, they know people are tired to earn few satoshis on faucets and another micro earnings options, so they offer the real big profit to them. But at this point, I think nobody believes anymore on these offers. Who invests money on it are doing it to try their luck, like in a casino. They know the site can stop paying any moment, but they want to try their luck, and bring some referrals togheter if possible... Though it is true that mostly scam websites promise big returns which in a result attracts users who are always wishing to get big returns on no work at all, but still some websites does not do this thing and they still scam people and run away with very valid offers, which is the reason why people are always afraid for investing on websites even with valid payouts. |
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Its a hyip program, it wont even pay you what you have invested and will run away that is the reason why it is never recommended investing in them, though they pay at start but they wont pay you full.
Stay away from such websites or you will regret it later.
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If i were you i would not have been looking for an ad network which could pay me with bitcoins, rather i would choose the best among all which pays better and afterwards i would have converted that money to bitcoin. Google adsense would be a good choice i guess.
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Hi, I am looking for a way to earn some money without invest(because I am broke), I can dedicate 2 hours a day in that. what can I do to make a bitcoin per month without any investment?
Its hard to earn one bitcoin in a month without any investment unless you have some really great technical skills that you can use to earn bitcoins, if you think you have some skills just open a thread offering your skills to the community and you will get hired. |
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Hello,
So I am currently very interested in Bitcoin or Litecoin mining.
I aleready read many articles and threads about this and I canīt decife whether or not i should buy an ASIC miner.
I was thinking about sartink glow with just a single miner. I would spent about 500$ for it but I donīt really know if I could make profit from it.
Could anybody give me advise about it, and maybe ell meIf and how its still possible to make profit with mining?
You should rather invest that $500 somewhere else than just wasting it on mining, because as everyone said already if your electricity is not free or is not of low cost then mining would give nothing to you as whatever you will earn it will go in electricity costs. Invest that money in trading that can generate some profits to you with the time, try to learn some articles about it and go for it. |
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According to the data from the beginning of this year there are now over 10 million bitcoin wallets. I would rather assume that 1 bitcoiner might be using 2 or more wallets.
For example online wallet for quick access and fast transactions and full validation software wallet as main wallet.
With bitcoin wallets being free and easy to create, it is illogical to think that multiple users are sharing control over one wallet.
Some users even have more than 10 bitcoin wallet which completely makes it illogical to do any estimation of bitcoin users counting the number of wallets created in a year, there would hardly be a person with just 1 or 2 wallets right now in the community. |
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I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.
I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future I'm sure cryptocurrency never become the main currency countries. It always is and will remain an alternative currency. People do not like something new. And do not trust People want something to be always around them in order to earn their trust and i'm sure if bitcoin does that it would also be believed by the people around the world, if it just remains on internet then probably it wont become the next generations currency. |
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In my opinion, As of now it is not advisable to invest your or our bitcoins because IMO it is better if we just keep it safe in our bitcoin wallets rather than taking risk on investments that may turn to scam or get negative profit.
It depends on the situation, someone may get a positive chance of investing his bitcoins where he would be sure that he is going to generate some profits for himself, but if someone thinks investing somewhere involves more than 50% risk then investing is probably not recommended. |
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I've never invested in gold. I do not have extra money to invest for the long term. But I invest in Bitcoin and now have profits from this. So my choice - Bitcoin
People having the patience would most probably go with gold because they don't care for long term or short term but they just want to get their profit out of their investment, but the ones who think they cannot wait that long should invest in bitcoin because bitcoins pays off way earlier than gold. |
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Denied from receivers end? This is something new for me as from the time i'm using bitcoins i have never encountered something like this where a receiver can deny a transaction  Maybe the site is scamming your friend and not willing to give the money back or maybe something else, but there isn't any option for denying a transaction in bitcoin. |
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for in my country bitcoin is growing very rapidly. in large urban areas bitcoin already exists in the form atm. although only in major cities in the country and selling bitcoin I can do in any area. and also not difficult to sell bitcoin  I wish that was possible for here too, because in here you cannot spend your bitcoins outside at all nor you can find any sign of bitcoins even in big cities, so the only option we have here is to convert them to fiat and then spend them where we want. |
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