Banks will die as we know them. They are already in a transformation process because every day we do more online transactions and we need less our local branch. Banking system will survive though, but transformed. This transformation is not only affecting banks, digital era has come and will stay here for a little while. I don’t think blockchain is a treat to them. I recently saw in local news that Spanish banks have joined “Enterprise Ethereum Alliance” using Ethereum technology ( http://www.expansion.com/empresas/banca/2017/02/28/58b5c923468aeb3d7d8b466b.html). That alliance was created Intel, JPMorgan, Microsoft and others, and many other banks and companies have joined. So, blockchain, instead of posing a threat, will make banks re-invent themselves. True the banks of today are going to change the same way they have always done, the banks of some centuries ago are very different from the banks of today, so it is important to know that banks are not going to give up their position without a fight and in case they fail to destroy bitcoin they are just going to integrate it in their operations somehow. The best would be if these banks turned into exchanges. They could be complete exchanges, accepting investments, offering insurance as guarantee for people who keep the money on their systems. They could operate with Bitcoins and AltCoins, allowing people to trade on their platforms. This way everyone would be happy, the "bank" owners and the customers. Surely the profit of the banks would decrease, but that is what should happen anyway... But the issue to banks is that bitcoin makes them completely unnecessary we do not need a bank to exchange our coins and even if they created their own exchanges to get a piece of the action decentralized exchanges are already here, right now decentralized exchanges are not very popular but I think that is going to change in the next decade and when that happens banks are not going to have the option of becoming an exchange anymore. The legalization of bit coin is an obligatory act for the existence of bitcoins in any country and all banks plays a crucial role in running a government because all the money of a country is drawn by the banks so it is looking impossible that after legalization of bitcoins the banks will not use it. |
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Yeah everyone wants to be millionaire. Just bitcoin has made easy way to become a millionaire. In my opinion we can see bitcoin to 20000$ before 2020. But there will be little decrease after the fork. To become millionaire is a very difficult and hard task because it needs a very long lasting efforts along with best luck but fortunately bitcoin proven itself as a unique and a king of crypto currency which has shown the capability to make a person millionaire in a very short span of time so anyone who wants to become a millionaire he must join bitcoin business to fabricate his dreams true. |
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Well never ever is not excellent, but if you want to lengthy invest your bitcoins it will be fairly great.Because the marketplace is obtaining even bigger and the sum is acquiring larger.
There is no way that you can keep your bitcoins in your wallet for your entire life. You have to sell them at a certain time. There is no point of denying this thing that holding of bitcoin and that too for a long period of time will help you in making a lot of money and you should go for holding. You can hold your bitcoin but at the time of need, you have to go for spending those bitcoins. |
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What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?
Expect expensive price of bitcoin since the bitcoin is really in demand that the price increases that fast too as you can see anytime is the best to buy bitcoin and any amount will do because if you buy now and then just hold it you can earn profit to it when the price increases. But if you will put it in market don't expect for the big return when you are investing cheap bitcoin but atleast you're earning not that much atleast for start and to have a experience . Yes the demand of the bitcoin is now getting high and almost all the people are buying the bitcoin and they are holding the bitcoin for the long time. I know now the bitcoin is getting short in the availability and the demand of the bitcoin is getting high, I hope the future of the bitcoin will be bright and a lot of the people are buying the bitcoin and this is the reason why a lot of the other people are having the fun with the bitcoin. |
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for my advice better buy Bitcoin because Bitcoin can reach at the highest price again, because I believe Bitcoin has investor appeal therefore Bitcoin will grow rapidly for its price ...
Yes of course the price of bitcoin is increasing very rapidly while there is stability in the price of gold so bitcoin is more profitable than gold if we think about the cost of these two then we can decide that bitcoin profit is far better than gold as the price of one bitcoin is about 6000$ which is beyond our imagination. |
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The high demand might be because more and more people start hearing about bitcoin, personally I've heard quite a lot of people starting to talk about bitcoin (didn't hear anyone talk about bitcoin last year, or before that).
The futures market opened to Bitcoin, its popularity started to grow tremendously in Africa, especially Zimbabwe which suffers from hyperinflation. Another cause was the Bitcoin Gold fork and the upcoming 2x fork. People are buying because they want to get more forked coins for free. This is causing some media attention and bringing in new investors who want to profit from the pump. Nothing happens without a cause in the bitcoin world, just like in the real life. Yes that make sense , I think massive adoption from the public and institutional money coming into the scene is the best for bitcoin , not all these forks that attract people dumping their altcoin to join the bitcoin free money game Bitcoin has crossed 7.5k and there will be more progress in this coin a a lot of new investors are rushing toward this as its profit giving nature has enhanced enough and all the prices down fall had attracted a lot of people and this gives a chance to the new investors and new regions and this thing Is giving a lot of pump to the prices and yeah it is free money you just have to put your money and wait for the profit. |
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Save and sell. That is the point!  You should give the suggestion because you are asked for the help here I am very sure all the people are going to like the bitcoin saving because the value and the price of the bitcoin is increasing with the time, it is not good to sell the bitcoin at the low price and then cry for the low income I hope you got my point that the saving of the bitcoin is very important because thousands of the people are now saving the bitcoin. |
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I still think that bitcoin is better than ethereum. and even bitcoin after 5 years there will be an increase from the current price. then investing in bitcoin is definitely more profitable
It is not just you but me as well I like the bitcoin not the other currency because the value of the bitcoin is very good and it feels very good when you invest your income and you get the profit so the reason behind selecting the bitcoin is simple that the bitcoin can give you the best and the safe profit and now all the people are buying the bitcoin just for the sake of the money as I can see the future of the bitcoin is bright. |
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I think cash is very old. He needs rest. And virtual currency world is coming..
I think it is because that now the world has changed, it is modern time and now world can't be run with one type of currency now. Online shopping and payments can be done easily with digital currency while in daily life paper money plays a vital role. Both have their own use in their field and they perform their best in their job. One can't get the place of other, there must be several type of currencies to run the world. |
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In my opinion ,now is not the best time to invest in bitcoin.In anticipation of segwit2x price for it has grown very much. I think, it's worth waiting for the correction at the end of November. in general, bitcoin has a good potential. we expect 100,000usd!!!
There is no specific time for investment, you can invest anywhere anytime. All what needed is to learn skills and tricks in invested. People are favoring it due to the reason that it gives them more ease and comfort, they are ready to invest in bitcoin because they know that bitcoin will make them rich in very short time. You are still having a chance invest in bitcoin and enjoy the blessings then |
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We all start to use digital money starting from debit-credit cards. This was the game changer in economics.
Peole love to use debit-credit cards. When POS system distrubuted for bitcoin and altcoins then we will see that bitcoin will defeat other digital money systems.
Bitcoin is a electronic money or digital cryptocurrency created to use in online purchasing,trading,investing even in gambling.It is very safe to bring and use even it has a huge amount that the only person who has access on it security can use it or transact with it.Physical money or the fiat is convenient to use directly in buying things,but it is also dangerous ir threatening for some dubious people from steeling especially when the fiat has big amount. Bitcoin has revolutionized the world now we can enjoy a lot of eases by using this innovation on electronic money and on top of it as compared to cash money bitcoin is more beneficial because a person invests into it and then after sometime money is multiplied and huge profit is generated thorough it and that’s the main reason people are using it and its profit rates are so impressive that people are rushing to it. Bitcoin is nonetheless than a blessing and those who are using it are now saying good bye to the physical money and that’s the revolutionary thing and if we will use it more the cash money will be wiped out and that will be more good for community as electrical money is not confined to some specific families this coin allows everyone to earn more and that’s the big benefit of crypto and people are impressed by this. |
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well there are many possible that may happen here. there is an instance that bitcoin can improve our economy in every country in the world there is also chance that bitcoin cannot help to economy because some people think its a scam.
Bitcoin is real economy booster and we can easily see the development in those countries where ot is accepted and the citizens of those countries are also enjoying their lives in an epic ways, and those who think this is scam show them its market critics its users life styles they will automatically admit its importance and maybe they will ask to invest into this coin so guide them so that they can earn well. |
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Yeah sure, because everyone wants to be rich and popular just a way to make it different, everyone has a different way.
Yes, each and every person in the world wants to become rich and increase his money. Even the richest people of world want more money than they have. Bitcoin had made it very easy for people to make poor or middle-class people rich. Bitcoin is giving opportunities to each and every person of our society nut it depends on a person that weather is he using his golden opportunity or just wasting it. |
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If it is happen then it is a good news but actually, in my country it is not happen, may be in the coming years, something good changes like tuition accept bitcoin and some schools also accept bitcoin in a official level, but still it can't see it. But it is a good idea, because in it bitcoin will be get more popularity and students transfer their fees easily through bitcoin.
People will get a great benefit if it happens so. It is getting popular day by day, mass is warmly welcoming it and are appreciating its blessings, hope it happen soon in future that it replace the regular currency even in routine buying and selling then educational institutions will also start accepting tuition fee in bitcoin. |
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Precisely the currency of the virtual world that has the highest selling price, because bitcoin still can not be used to conduct transactions directly in the real world because in some bitcoin countries it is still illegal.
Yes there are some hurdles, impediment and constrains in bit coin like in some countries bit coin is illegal while china has ban on bit coin but still the price of bit coin indicates the best future of bit coin so bit coin is the only currency for which we can expect that it will be the world currency. Chinese must review about their decision and sort out their concerns on this coin and a this thing will be cleared bitcoin will be legalized by most of the nations and in my point of view a bill must be given in UN that this coin has more potential and economy helping nature this coin must be declared as global currency by this way all the hurdles will be taken out and this thing will happen in future soon. |
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if satoshi nakomoto mined 1 million bitcoins in early days. who own the second worlds biggest bitcoin wallet?  It is difficult to know who own the second worlds biggest bitcoin wallet, but may be someone in the dev group that creates bitcoins. It is really a very difficult thing to tell this thing. There are so many people who claim this thing that they owns the world’s largest bitcoin but no one actually knows the truth. I consider that person to be the luckiest person who has managed to gather most of the bitcoins, in fact much more than anyone else in this entire world. He will for sure going to become wealthiest person in the future. |
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New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.
I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.
If you believe that bitcoin can still grow bigger, I really think that you can buy anytime. However, the best time to go shopping is when prices go down. It's good to buy cheap, so that you can earn a lot if price increase again. I think bitcoin will keep going up till the end of the year. It is in our observation that the growth of bit coin is very fast and there is no highest limit for the price of bit coin so at any stage buying bit coin will be a profitable act of an investor because the fast growth of bit coin will reward him a huge profit. |
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I hear many saying they don't mess with altcoins...how do you make money with btc?
Just buy the dips, sell for usd (or other fiat), then buy back in...rinse and repeat?
I'm not talking about long term holding but about how to build up your bitcoin without touching alts.
Thanks
Holding, trading, signature campaigns and faucets are I think examples regarding sources of Bitcoins. I am into holding Bitcoins and also I did faucet hunting but what is more profitable for me these days is the signature campaign since I only have to invest my time on it and is safer to me next to holding. I am holding Bitcoins before but came to an end when I converted all into fiat money and withdraw due to an emergency. I have nothing left on my wallet now and has to start over again. For now I am not earning Bitcoins since I am into an altcoin campaign but still planning to convert all given tokens into Bitcoin and then into fiat money I had no choice but withdraw. I badly need it because of the frequent typhoon passing in my region. Signature campaigns is an initial stage of this trading so it an easy way of earning where there is no capital is required only your presence and time management are crucial for it, it is a best way of earning for those poor people who don’t have such amount to invest for short time or long time, participation in signature campaigns also give you the opportunity to invest some portion of your income it investment. Participation in signature campaigns is the best way of earning for poor one where there is no need of your investment of your capital further more trading ,mining as well some time holding bit coin are the ways of earning bit coin. |
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Bitcoin is welcome in Thailand...
Thailand has had Bitcoin in place for some time and I see the government is preparing for the future and how to en brass Bitcoin. It is not unusual to see a " We accept Bitcoin " In all type of stores.
This is really great for Thai People and the Tourists that visit......
That's good to hear that Thai government are now accepting btc. It just shows that Asian countries are catching up with cryptocurrency. This will open lots of opportunities not just for Thai citizens but to all of us as well because we know the outcome of this, and that is higher value of btc. I hope more asian countries will join with the exception of China of course. It is very much good news for the investors because the acceptance by the Thailand government will attract more investors for investing that capital in bit coin and definitely the price of bit coin will be increases. |
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I think buying bitcoin is profitable. As its prices are keep on increasing. And it's a good investment. You can create your own bitcoin by mining. You can exchange bitcoin with others for the things either a pizza, a car or anything without involving any third party like bank or online wallet.
Bitcoin can easily be used for buying daily life things. But the best use of bitcoin is for international transactions. As far as collecting bitcoin is concerned, there is not only mining through which you can make bitcoin, trading and holding for long time can also make you owner of many bitcoin. Mining is little difficult method of collecting bitcoin. No involvement of third party makes bitcoin adorable. but you can invest your money in Bitcoin today, especially after you read the forecasts for the future about 10,000 dollars for one Bitcoin. You shouldn’t rely on everything people say for making your decisions. That people said Bitcoin will be $10,000 in future is not an excuse, you’re supposed to know that it’s all a guess and predicts. Yes, bitcoin might reach $10,000, but what if it takes 10 to 15 years, will you be able to wait till then? |
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