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If the bitcoin still has some hope, I will buy a lot of the bitcoin if it drops to $1. although we most likely will not see that figure with the current indicators at least.
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People are the ones using it for bad things "if you categorize them like that", I am sure USD is being used for many despicable things but that's because people use it like that not because of itself, The same with bitcoin. If people get more legitimate uses for it then it would fill those as well.
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I only spend my BTC's online to buy some online items mostly, I don't use or spend it in real life in the current time. I mostly hold them as an investment and waiting for bitcoin price to increase.
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That's so much in the future since that would not happen until bitcoin becomes the main currency of the world "if it ever becomes that is" but I wouldn't mind as long as I can use it offline as well.
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Your details are not shared and no one can use your bitcoins unless they have the private key "which you don't need to share" unlike the credit card details, also you pay interest for using your credit card and the value can easily exceed this 3 cents per transaction.
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Of course you can't make it like that easily, You are asking for a 33% interest in 7 days which is 1)hard and 2)RISKY, you can't make that profit unless you risk the invested capital to an extent, trading crypto's and trading BTC for USD and vice versa also carries a risk.
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I use it as an investment mainly, I deposit some funds in it and change them to btc and keep it like that, I also wait for a change in the market and trade them depending on that, don't use it as a currency that much.
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Brain wallets are good because they are unpredictable, you don't know what the person that made the password was thinking, opposite to prints, although they are unique they are so easy to get that it would make awful security. you literally leave your password everywhere you touch.
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If I own that amount of bitcoins I would probably hold it offline in a paper wallet and collect funds and additions to it, I don't think I will invest anything more than %10 in stocks etc... of bitcoin and bitcoin projects.
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Mainly for two reasons: To use it online to conduct transactions particularly Peer to peer mostly because it's far more reliable and more acceptable in person to person deals than PayPal, also as an investment to hold the funds and gain some profit from BTC volatility.
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Mostly as an investment in itself, I use it as a currency once a while buying online goods (sometimes it's even more convenient than PayPal), but it's harder to get than other online currencies so I don't use it that much.
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Real Madrid 2 - 0 Atletico Madrid
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I'm actually using bitcoins actively and not just holding it, I find it as a very convenient and simple to use online currency for conducting most of my online trades.
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