i use both of them because i believe that bitcoin is a really safe way to hold your money into and its a good investment option
while bank wallet is a really great thing for fast checking out in shops or online shops
Not all people use bitcoin to send or receive payments. The number of people is very small comparing to number of people that use banks. I think to use both of them, bitcoin mostly if you use it more often and bank for rare transaction. Sure as you expect bitcoin wallet will come to normal groceries as well. Bitcoin may have some advantages over bank for money transfer and the most important of them is lack of transfer fee compared to money transfer for banks. Bitcoins is best when it comes to online transfers as it involves very less fees and credits are too fast in compare to banks and that is the reason people prefer it. |
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I am holding at a moment as I have a strong feeling that price will be much higher at the time of halving so its better to hold and not to sell at current price.
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Bitcoin going up or down in terms of price is really the great event so we can take the ride on the price volatility.
If ups, sold or hold, if down buy and acquire.
going up or down yeah because bitcoin prices fluctuate. but I think a few weeks or months ahead, price will continue to increase. we could see several months backward, did not experience a high drop. but the price of going up. although it was a bit slow. Well right now the effect of halving is not really noticeable. So today I still like to ride the price fluctuates that will happen. I give myself a margin at least until June before holding some depending on the current price move starting from May. yeah effect was not visible because I think the time is still long enough towards halving. probably about one month closer to halving, we can see the effect it. Yeah we need to wait for a while to see bitcoin going up as price is stable at a moment and it will go up at the time of halving. |
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I like using bitcoin because it means that you dont have to have a physical card that you can lose and i have the security of knowing that any coin i earn is safely packed away where its very hard to breach.
yeah there are many advantages to digital form if you have paper wallet or coins. it would be very easy to get lost or damaged. even stolen by other people with bitcoin very safe. Yeah bitocin is safe and it is not easy for anyone to steal or hack your coins, and you also have total control on your money and you can use it whenever you want. |
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People are getting carried away with the news that they hear and they start to believe it without putting their own efforts to know what is true.
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Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.
I think it will continue to be same in next couple of months as price is stable at a moment and we are not seeing any major increase in the price of bitcoins. |
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If you are new then I would suggest to start your journey safely by working on signature campaign as trading and gambling is not recommended for you at this stage.
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Gambling is like beer or cigarettes. Once you taste them, you will want to continue. If you gambled for the first and time and won-which is common in all instances, you will have the urge to gamble again to win like you did on your first time. You will lose on many occasions but you will be made to believe that you are going to recover. That' s how people become addicted to it.
Yeah if you win at initial stage then you will surely get addicted to it, but if you loose then you will think twice before gambling, totally depends what is your end result when you gamble for the first time. |
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lets talk about today's 2nd semi final between India vs West Indies..i got 2.64 odd for west indies.so i take this chance..also i'l' place another bet on live event to secure my initial bet..
West Indies won the toss and elected to field first. It is quite natural because every one know that India is very good in chasing so WI want India to bat first. Lets see how now India batsman will put up a fighting total and defend that total. Hope today openers will click and may go for huge runs without failing. I think they should score around 200 runs to win this match. in this ground 180 should be a good score batting first. India left out Shikhar Dhawan and in comes Ajinkya Rahane, Pandey in for the injured Yuvraj. Yeah but India need a good start as the openers have not performed to the expected level yet and putting a higher total will help India which will add more pressure to WI while chasing. |
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If I'm honest I do not see this happen at all, its just too much if you ask me and the fact is that a global currency is coming but it will not be the bitcoin for sure.
The bitcoin is just too small and its also not controllable by the government so it will never be accepted by the world.
Only the currency that can be controlled by the government can be a global currency,bitcoin is decentralized and no governing body. how can that be true , if a currency can be used world wide and with ease it is definitely a global currency. you dont need a government to pass things up in order to be a global currency . To be a global currency it needs to widely used and accepted and at a moment I don't see it happening and it will take a long time to reach there. |
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Well if you will never sell your coins then it will not bring any profit to you in the future.
We all know that the future price of bitcoin will be high and that is pure profit.
That's true we need to spend you coins, as only holding will not be profitable in future, and if price goes higher then I think we should not hesitate in selling our coins. There is really no need to hold the coins for a long period of time because it will give you profit no matter what price you sell it in the future. yes there are times when we must sell the coin to make a profit and when the price was really right to sell. because if you never sell your coins and just to wait for a higher price, it will last for decades I think. as an example, that we are already more than 3 years of never again touched $1000 even $600. Yeah I think if you are getting profits with the current price then you should sell your coins as waiting too long may not be profitable if price drops in future. There is always a time for everyone that will make some profit, but you never know when the time will be to make some profit. It is really hard to know for what will happen with the value of Bitcoin and we all know that the halving is coming. But I personally think that it wont even rise after the halving, so it is now a good mindset to not sell your coins now. Even holding too long will not be profitable as you never know what would be the value of bitcoin the very next day, buying and selling coins at regular intervals is the best way to play with it. |
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I would go for the bitcoin itself because it has a good future and the gold will maybe also go up but that is mostly on a long term.
I personally hate waiting so bitcoin is the perfect investment for me because you can make a lot of profit in a pretty fast time so that is very sweet.
Bitcoin is good for making quick profits and if you can afford to take risk then bitcoin is the key to success and gold will make you wait to earn profits. |
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Getting rich is for some people easy because they have a lot of money they can invest in the bitcoin itself if think about it.
Keep in mind the bitcoin is always a risk if you invest but the profit you can make if you invest a lot of money in the bitcoin itself makes it pretty attractable and because of that you can become also rich without even a doubt.
Investing all your money only in bitcoin is the worst thing to do as bitcoin's future is unpredictable and you might loose all your money if bitcoin disappears in future. |
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He said he will buy when its price falls but want to sell it when he need money. I am just asking him what he will do then if he is being in both condition at the same time.
That is obvious mate. If there's an urgent needs, he will disregard the current price. You think you will go first to buy coins than prioritizing your general purposes in life? Money is just there and can earn it again. And bitcoin price always fluctuates so no worries. The most people are holding their coins for a good price increase because they want to make all some good profit later in the future and that can be really good. But the risky thing is that you dont know for what is going to happen with the value in the future and that can be bad, because you also can lose some money with it. Yes bitcoin is very unpredictable and so the the price so its really difficult to judge what will be the price of bitcoin in future but its good to hold at a moment. |
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Spending it to convert it to my local currency as that is the only way left for me to spend my coins as I don't see any place to spend it directly.
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Didn't buy at the right time when the price was low and that was the biggest mistake made by which I think I will regret for many years to come.
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To the maximum doubling bitcoin is only possible through gambling. Other than this bitcoin doubling occurs only on long term investments.
Gambling is really the fastest way to double the amount of bitcoin you have right now and dont be fooled by site that offers to double your coin because they are just scam sites. Neither go for sites that promises you to double your coins nor for gambling,, both are the worst things to loose your money, if you want to to double it, work hard and multiply your coins. |
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Buy bitcoins and you will surely save your money. Buying bitcoins will prevent you from other things.
This will automatically let you save your money and with bitcoin when the price goes up you can sell your bitcoins. So you didn't just saved money but also made more money out of it.
No. It's not saving but investing. Saving money is the one that you will not spend and will just used it for urgent purposes. But that is a good investment if a person will do such online investment. Investment is good in long run but depends on where you invest and at when you invest, as if product fails in future then you need to go through huge losses. |
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No it is not because I don't want to spend them but more that i can't spend them. There are almost no stores that except Bitcoins.
But this is also good and it helps me save my Bitcoins instead of spending them.
Im Spend my bitcoin like normal currency, if i need something and my relation accept bitcoin, I will use bitcoin as my man currency . at this time very difficult to find people accept bitcoin. What are you trying to say by relation accepting bitcoin?? I really didn't get what you mean to say but yes its difficult to find any physical shop where we can spend bitcoins directly. |
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Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.
Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it. |
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