customer will use bitcoin instead of fiat currency because it will be more convinient and easy to sue, one will no need to carry it in wallet and also need no bank account you just need a online wallet where you can store your bitcoin and can also use it in every part of the word having same value every where.
bitcoin is more practical and easy to use at any time. we do not have to bring a physical form in the payment of any goods we buy. just a smartphone device and we can do anything. This is partially true , remember you need internet to connect to the network. Without internet even with a store accepting bitcoin, you cannot transact because you cannot broadcast the transaction to the network and be confirmed. But if internet is no problem then it is a convinience transacting with bitcoin. I don't think that internet is an big issue nowadays as it is accessible in every country, no doubt the rates may vary but that is affordable if you want to take best benefits from bitcoins. |
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Yes for bitcoin continue to grow and continue to develop we can trust with bitcoin. Because as long as it happens for bitcoin might give us an advantage. I once read an article about bitcoin that now more and more investors who invest in bitcoin, because they believe bitcoin thrive.
I don't see anything that we should not trust bitcoin, as it will be the best currency in future and it will also be touching new heights in future and it has an ability to make us rich in future. I really agree on this. There is no reason why we must have doubt in bitcoin. bitcoin is secure, the transaction is fast. if you are a merchant, you can have a new set of client. and if you are an investor, there are so much potential and possibility that bitcoin price (your holdings) will increase in value. Yes and bitcoin will never grow unless it don't get support from its users, and at a moment bitcoin is gaining more trust from the people even who are new to bitcoin and that is a good sign for entire bitcoin community. |
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Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.
Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time. |
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I think the future of bitcoin lays in the peoples hands. It depends how much treat the bitcoin and if they will keep investing in it. If the people keep selling bitcoin then they will drop alot and the future looks very not bright.
Exactly. Whatever happens to bitcoin is the effect of what people were thinking. If we all dream of bitcoin's success, then it will happen for sure. Yes the future of bitcoin will depend on the faith and trust that its users will put on it, and till people will continue to use it I don't think we need to worry about its future. |
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I have invested enough money in gold, so if in future if the situation arise that I am in desperate need of money then I will prefer to sell some part of my gold and get hard cash instantly.
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For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
I buy Bitcoin so that I can make money with them in the future, I buy when the price is a bit low and hold on to them for some time. I wait for the value to rise again and then I will sell them. That's perfect, we all are buying bitcoins as its an investment for us and we can make good money from it in future and I think buying and selling should be done on continuous basis to earn quick profits. |
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No, I will not quit my job to go full time on bitcoin. Because I'm not getting profit on bitcoin. I lose btc because of trading and gambling. I bitcoin to have extra income but It gives me nothing. But I learn in all my mistakes.
you can stop your gambling and focus at trading, i think trade is good idea to growing our bitcoin. i earning arround 2btc last month ago from trading altcoin. Exactly, gambling is the place to loose money in quick time whereas trading is the place to make good money if you are really good in it, as you can expect even a small profits on daily basis. If the wish to make a profit in gambling better get rid of the desire because gambling is a game and we can win or lose. Trading was able to make a good profit if we can learn them well. Actually we do not need to get out of the daily work and could use bitcoin in our spare time. That's what majority of user will prefer to do, concentrate on full time job from where you are getting stable income and keep bitcoins as an extra income which can be done in a free time. That is actually the trick on making more money. Some people dont understand that for they are too much focused on just making money thru bitcoin. Every bit of dollar that can be earned will make it all easier and faster It will add more value to our wealth if we can manage to earn from both of them, if we have an opportunity to earn from both the ways then it would be worst to choose single source of income. |
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Some people say invest but others see it as throwing it away. It is all in the eyes of the beholder how you view things really.  That's why I always say "follow your belief". Which do you believe that will be successful or what will make you successful, go to that. Because we can't say really which is right or not. When it comes to investing bitcoins anywhere it becomes an very confusing situation as we can never know how legit is the site where we are gonna put our money and that makes to rethink before investing. |
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I hold most of what I have but every time I travel to a new place I always like to check coinmap to see if there's any restaurant/pub/hotel that accepts bitcoins. I consider it a way of supporting the economy.
Also in my town there's a bar that accepts bitcoins. I always pay with bitcoins every time I have a drink there.
Oh man you are really lucky that you are able to buy a drink with bitcoins, I am eagerly waiting for that day when I could do the same, as I need 2 glasses of beer everyday  |
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I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
I would spend them right away because for me there is really no reason to hold on to them if I got them for free. At that point all the money is profit so I would not have the patient to wait. That's right its like winning a lottery, if you get unexpected money then you will surely prefer to spend them on entertainment, or buying gadgets, clothes etc, and at that moment you will not care what price its holding. |
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I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.
Exactly we would never be able to figure out what exact amount will be holding at the end of the month and that makes it really risky, sometimes it may exceed but when it will go down it will have huge impact on our life. |
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Yes I'm buying bitcoins because its nice to have some, I think the bitcoin is a very good investment, its profitable buy you can also pay with it.
Right now its two things in one and that is just so nice..
Yup its always good to buy some coins and keep it in wallet to make money from it in future, its an best investment for me at a moment and I believe in keeping them for a long term. |
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Every currency can disappear but it will not happen fast, the bitcoin will not disappear fast because its big and its get bigger everyday, I do not see it fall anytime soon.
Maybe in about 20 years but than other currency's also has been disappeared.
I agree with you. Every currency can be disappear, especially digital currency like bitcoin. I think bitcoin can disappear, but for the next 5-10 years i'm sure bitcoin still survive. Yup it will surely survive for one more decade and who knows if everything goes smooth with in future then it can be the most powerful currency holding the best price. |
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Bitcoin wallet for me because you earn bitcoin in the cyberworld as well as you save your money without any requirments like in banks and also you can take profit if the bitcoin is up. This is an advantage of bitcoin. Also you see your money in your phone or in your pc by just visiting your wallet website and your wallet application.
Yes. Just joining with where the banks do invest will take time and a lot of documents. I would prefer something like bitcoin which is easier and I am the one controllig every decision I want to make. Yeah bitcoin can give us rid from paper work and following rules and regulations that are involved with the banking system and with bitcoin wallet we can have full control on our funds. |
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Wise men diversify their investments and always seek out extra inflow of wealth, so do i by their lead. I am not yet ready to give up regular full-time job because
currently it provides me with much more income than what i earn with bitcoin.
I know some people that did commit soley to bitcoin, but sadly it didn't work out for all of them, and some now have huge loans (mostly those who invested in bitcoin mining operation) and
have no good source off income to return it.
One day in the future i believe there will be enough space and wealth bitcoin related, and many will find their place in bitcoin related service or jobs, but for now, it's best
to leave it as a side job, and additional source of income (or better yet just save it on the side, because we all know that bitcoin will either thrive one day)
There are allot of people thinking like this why would people stop their day job to go full into the bitcoin i dont think this is a clever idea what if the bitcoin drops that much you are gone. Bitcoin will not disappear so easily but it can fall very low in future and that can create an problem for us as if price is too low then our income will be equivalent to that. |
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Bitcoin is definatly worth investing in and is here to stay, i reckon bitcoin will be in the 6 figure region within 20 years.
I am not sure It will be 3 or 6 figure But sure It only rule the world currencies and It will be familiar to all the people in the world Because Its digitization, Value among the other currencies will make their future people choice and Bitcoin is worth and best decision for the who are all saving the bitcoin as long term goal. the price figure really doesn't matter. even I think if bitcoin price reach to 6 figure mark(which is not gonna happen) then the usage of bitcoin will probably reduce to a lower base. people using bitcoin and new people coming to use bitcoin because bitcoin have a good price and everyone can afford it. price can go to 4 figure but 6 figure is really too much.. The thing is we are not creating the price to be in our favor, it is the majority who creates the price because of their demand, so whatever the price will be in the future, I am willing to accept it because I know it is not a bubble but the result of massive adoption. Yeah and steady and stable price is always better then price bubble, as if there is major pump then surely it will get followed by major dump, steady growth is better for the future of bitcoins. |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
steady income in bitcoin without activity doin anything you can lending your bitcoin but still few activity if you investment in cloud mining you can still activity, you must login to website request withdraw coinfirm withdraw to inbox email if you want growth money you must still activity, maybe few activity doing but must still activity i think mining is best way to get steady income, im mining ethereum and earning arround 0.01/day, i think it's good amount for future holding bitcoin. Yes mining can give steady income but its not affordable for all at a moment as it needs initial investment to buy mining equipments and if electricity cost is higher then it won't be profitable business. |
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I use mainly for investments, there are not many places accepting Bitcoin in my country. I'm in no hurry about it... it takes time for Bitcoin to be more accepted in physical stores, but slow and steady wins the race.
you need to use bitcoin debit card that can be used for physical store,just load it with money Yes, bitcoin debit card is the barrier breaker here. Still it's not the direct way of using bitcoin, which must be a virtual way of using bitcoin through an exchanger. Yes until, bitcoin get established, we in need to rely on different type of exchangers. Bitcoin debit card holds higher fees so its not affordable for me so I prefer to convert my bitcoins and transfer it to my bank account as selling at exchanges is more cheaper then bitcoins. |
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i use bitcoin as currency and investment. as currency, i use bitcoin for trading with altcoins, and as investment, i keep my half bitcoin for next month if there is a significant increasingly of the rate.
i think i can make good earning to use both as currency and investment like i did now and i hope the rate will be up.
Yes that is the best way to treat your coins, save some for future and with rest try to grow them in trading as it can give you good profits and it will also take your coins to higher level. |
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No I do not spend any bitcoin in my real life right now because its just that I do not want to spend any bitcoins right now.
I want to make some good profit so that is also why its important right now.
Well me either I am just holding my bitcoins, I stopped spending my bitcoins in real life because I am hoping to get profit when the price is going to increase. And if that happened already, then that is going to be the right time to spend bitcoins in real life. Probably I will going to cash it out first and going to buy things I need. Always a good move when you save your bitcoins because the price will certainly increase overtime, the longer you hold the more opportunity you can grow your bitcoins although you are not making effort but just a discipline to save. Saving will give you good profits in future for sure but it will never grow the number of coins, you will be holding the same number of coins in future if you simply save them. |
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