I think paypal will remain on top of bitcoin as long as people don't provide all services with bitcoin everywhere in world. Because of this people have to trade/exchange bitcoins with paypal or some other money.
for at the moment perhaps indeed paypal above on bitcoin, but bitcoin spread very quickly on the Internet, since 2009 You will see 5 years, bitcoin above from paypal Yeah and it is not a better option to compare paypal to bitcoin as paypal's market cap and customer base is more and bitcoin is new and at the other end, paypal is payment system and bitcoin is a currency, so I don't think this is a valid comparision, we will compare paypal to bitcoin after 5 years. |
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my only reason for buying bitcoin because i have a lot of money,and i dont know what i gonna do with that money,so i decide to use to buy bitcoin,and store them in online wallet,i will make sure that bitcoin is safe,and of course not a big amount of bitcoin.
You must be doing a great job.... Bitcoin is nothing but digital gold. For buying it, there are many valid reasons are there. In last six years bitcoin prices rise the to the unimaginable levels. So, in future also bitcoin will yield and unimaginable returns like past. This must be the one of the reason many people are keep on buying bitcoin and saving it. That's true, people who have good amount of money at present would surely keep on buying bitcoins and the reason is the value of bitcoin at present is not that too high, so it is better time to invest money in bitcoins, as the value of bitcoins would be much higher in future, so buying at present and holding for future is the right thing to do. |
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There is no only point which can prove btc best...
There are plenty of points that improves bitcoin quality,
Like fast transaction, (negligible sometimes)
Easily transaction worldwide,
No governmental hands on it,
No limitations and anonymous
The best in Bitcoins is its transaction fees and its speed for sending and receiving money in our own bank. Our digital wallet has made our life very easier then before where we had to process a lot of paper works. Yeah that is correct, bitcoin allows us ease of transactions 24/7 to send and receive money in our bank account, there are no public holidays when it comes to bitcoin transaction and that is the best thing about bitcoin, and the best thing is the credits are instant and with the least transaction fees. |
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Bitcoin wallet is better than Bank, firstly you have your own bank, no need to filled out your identity, very simple, low cost, and of course no one can't froze your money, as long as you keep your own private key your bitcoin will be safe
yeah decentralization make bitcoin wallet is superior compared with the bank, but I think it's better to use both, for the needs of transactions in the real life and online transactions People are attracted towards bitcoin because of decentralized factor attached with it, and yes bitcoin wallet is better then bank as you have control over your money, which no bank offers you, but for some reasons banks are also important and you cannot get rid of banks so easily as you have invested your fiat currency into it so I believe both are important. |
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Paypal is more secure if you are buying goods, if you are buying with bitcoins use a trusted escrow.
Choosing the escrow is also another important task.
If you are selling goods then go for bitcoins
Yeah that's correct, I was a active user of paypal before the existence of bitcoins, but with the existence of bitcoins I don't think that there can be any better services then bitcoins, so for me paypal has become a history now, I mostly prefer bitcoins to do the transactions online with less time and with less transaction fees. |
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All you can do is talk about it to people who are around you, you can't do much about that.
You can't force them to get interested into bitcoin, I think the one thing that would help bitcoin get more known is media.
Since the media only puts out bad stuff about bitcoin, it becomes harder for people to adapt to bitcoin.
Very rightly said, the main problem that bitcoin is facing is the negative publicity from media and people are getting carried away with the news, as people are more influenced by press and media it makes it difficult for them to have faith in bitcoins, as it is said that bad news travels faster then good news, so people hesitate in getting into bitcoins. |
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I think i mainly use it as a store of wealth, but i do experiment with bitcoin as a speculative investment which will hopefully increase massively.
But the price far low from yesterday. I use bitcoin normally for buying accessories in online stores and I use to save some as well. But according to current situation. I think better I could buy some bitcoins and keep with me for long term to make profit after block halving. Yeah, the value of bitcoin is good at a moment not the best, so if you can afford to buy some bitcoins at a moment than it can be useful in future as I believe this is still good price to buy some bitcoins and keep it safe for the future as it would be surely much higher in the coming months for sure. |
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Yea.. bitcoin transaction is at low fees..
And that market user comparison,
Visa and other cards had years of time to grow,
And bitcoin has just started..
Wait some years...
When all people will know about bitcoin and for banks of bitcoin..
I m sure bitcoin will be in top 5 if it happens in 10 years period..
Yeah and still there are many people who are not aware that bitcoin is also used for remittance purposes so they are still using WU and paying high fees, once they are well aware about the bitcoin remittances I am sure they would switch from WU to bitcoins as the services offered by bitcoin involves minimal fees. |
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Of course it is real money for me. I can buy and sell things with Bitcoin, so why wouldn't that be real money.
Yeah if you can buy and sell things using bitcoins then it becomes a real money, As I use it for online transfers or converting it to fiat, so I am getting hard cash in my hands, So for me bitcoin is a real money and honestly it is better then fiat currency, as I can use my bitcoins at any time and anywhere. |
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Exactly, bitcoin is still alive and it will be alive for many years to come, and the price is increasing in the recent months and I am sure it will reach to a new level in the coming months, so coming to any decision at present is not the right move to make, we need to wait and I am sure that bitcoin will offer us some great value in the future. |
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my worst mistake was always being too emotional when it comes to trading. which have always made me make irrational decisions which turn out to be wrong and cost me money.
That's sad to loose money in trading and gambling, as it is our hard earned coins and just loosing it a really worst feeling to have, though I haven't lost anything in trading but yes I have lost many times in gambling, So my worst decision was to gamble with my bitcoins which ended me up by loosing all my coins. |
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I don't know if i still believe in bitcoin or not. because as you can see, the bitcoin price keep decrease from yesterday and it's make me losing hope in bitcoin. i hope this trend gonna over and going high again.
Don't worry mate, price fluctuation is the part and parcel of bitcoin process, don't panic and have patience, the value will rise for sure in the future, and bitcoin needs a support from the users, small price fall won't make bitcoin disappear, just wait for the right time and sell part of your bitcoins when the value is higher to enjoy some profits. |
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I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.
I hope so. Bitcoin will be a next popular money like dollar, euro and poundsterling. and many people use bitcoin for payment or buying something. so the price will be high. bitcoin deployment, which inhibits bitcoin popularity, there are still a few people who know bitcoin, only a small percentage of Internet users that know, we need a deployment, if everyone knows bitcoin, I believe bitcoin is more popular than other currencies Yeah we need to take initial step to introduce bitcoins to our friends and family as you said very few people know what bitcoin is so unless it is not introduced in proper way, people would hesitate in knowing and using bitcoins, and if they accept or reject that is their individual decision, but promoting bitcoin in a positive way can make a difference. |
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yeah they do, though obviously there are more men in this business than women
Most women aren't tech savvy enough to be into bitcoin, but there are certainly a lot of them
You know there are few tech savvy girls who are well doing in bitcoin than men. Girls getting more time to spend in bitcoin business while compared to a working man who gets committed to it only when he gets leisure. some girls have interest but feels learning bitcoin is a difficult process Yeah and that is the good sign for the bitcoin community as more and more users enters the world of bitcoin it will make bitcoin more popular and more stable in the future, and yes at a moment there are many girls who are using bitcoins and they are introducing it to their friends too and have started to learn about bitcoins. |
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So many wishes to buy a lot of stuff with bitcoin but i don't have enough coins to fulfill my dreams with my coins which i have at the moment so that i am holding and waiting for the right time when bitcoin will go to the mainstream and price will go to the moon more higher than ever.  Don't wait till price goto moon move clever steps when the price is high as you will likely get big block at that range taking price down. Doing day trade with some clever ness will be good option for you to make more coins. Yeah waiting too long is the stupid thing to do as it won't give you much in future as you are not aware what would the value of bitcoins in the future, so if the price is high at a moment, just sell a part of bitcoins and make some profit, and I really want that grocery shops starts accepting bitcoin so I can buy daily stuff from it. |
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Bitcoin will recover if people or the community stops panic after the crash and best way is to continue your daily bitcoin life.
Yes i agree with you, but it's hard to make people not panic right now. the bitcoin price now is under $400 and keep decrease. i think people will panic and sell all their bitcoin. What you are saying is correct but at this time we need to have patience and not panic as it is believed that the price would reach $1000 in the coming years, so we are waiting and hoping that it should reach to that level and it will rise again once the adoption level is increased the value of bitcoin will also rise. |
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Of course it is, this year is the best time for us to introduce Bitcoin to all of the people around the world. We should gain more adaption from the people, and wait til the day is come.
Yeah and it is concluded that the year 2016 will be the year of bitcoin as it is gaining more and more popularity worldwide and the adoption level will also reach to a new level so I believe that the year 2016 would be comparatively good for the bitcoin and also for the users. |
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think the best is to hold bitcoin.
specially right now when there will be soon a halfing and price seems to be in a bullish mode (of course to trade into other coins is a good thing too, but in my opinion you need to hold coins with a longterm vision, and always have bitcoins beside).
I think it's hard to hold bitcoin right now, If it's me i will playing safe like sell all my bitcoin and wait until the bitcoin price not decrease again. and buy bitcoin again when the price going up. Yeah holding bitcoin for a certain period is good, but holding it for a really long time will not serve the purpose, if the value is high its better to sell it and wait for the right time again to buy when the price falls down, and that is the best way to make some quick money from bitcoins. |
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I am new in this Bitcoin community and I am finding this virtual currency quite fascinating and easy to learn and master.  -Dean That is true my friend. Welcome to the Bitcoin community. Yes it is easy to learning and very exciting also to have some knowledge due to the fact that is moving day by day like a wave in the sea. If you got to know it better you will profit more from many ways. Yeah and also you will come to know the various ways to earn bitcoins, every coin has two sides and so does bitcoin, good ways and bad ways, it totally depends on you which way you need to choose, but once again welcome to the bitcoin community and hope you earn a good amount of bitcoins. |
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I hope in the future bitcoin become an international currency and become more successful
You don't have to wait till the future. Bitcoin is already an international currency. People around the world are using it as currency since the early days of Bitcoin. Think about SilkRoad. Its revenue back then was amazing, especially when you consider the low value of Bitcoin. You cannot call it as a international currency yet, as still many of the population is not aware about the bitcoins, bitcoin is popular only for those who are already using it, and there are many people who have not even heard about the bitcoins yet, but I am pretty sure that things will change in the coming years. |
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