There are many, many reasons why people don't get Bitcoin or don't believe in bitcoin.
For some of them is difficult to accept that virtual money is future money.
Others don't trust in bitcoin because it's decentralized and without government control.
For some people bitcoin is only possibility for fast profit and they think it will end soon.
How many bitcoin users honestly believe in the bright future of bitcoin?
It's very hard to say.

I want to used bitcoin for shopping because I want to buy what I want instantly without exchanging it into legal money but before that happens, bitcoin need to adopt in the country. Sadly, there is no shop for bitcoin payment in our country for now and I hope it will be adopted in our country sooner.

All of that's true, of course, but none of it is the reason why I don't own a whole bitcoin.  I did, and I sold it.  I also lended some dork-ass part of a bitcoin and got burned.  And now that Circle doesn't sell bitcoin I'm having somewhat of a hard time actually buying any.  Oh well.

Dan Bilzerian is just washing his dad's dirty money with poker.

That's why if you want to go out of the house would have to ask permission from your parents, or at least you told them you were going to go out. My experience is almost the same but not gamble, I've been scolded by my father because I play online games for too long and was not in the right time. He scolded me in front of my friends. Since then I've stopped playing. And if at that time I was gambling like you, he'll be more angry.

maybe your fried is not familiar with the concept of calculator or maybe he doesn't know what hack a bitcoin wallet means!

either way, you should have told him bitcoin survived from 2008-9 till now without being hacked the way he thinks and it will continue being OK until there is a big advancement in the quantum computers front.


i don't know what you two mean but i am only aware of these and i doubt we can exactly call any of them "hacks"

Bitcoin is a good investment because we are getting some benefits like price increase easy to use when we are buying things online that accepting bitcoin as payment.. bitcoin for me is always good to choose to invest and you can make more profit if you hold more bitcoins for a long time.

Im saving bitcoin for the purpose of maximizing my financial status. The use of it may be on primary or secondary use which also include the miscellaneous things. Right now since I have my day job, it's really a wiser way for me to just saved my bitcoin and use my fiat earnings to take care of my regular spendings.

And since Im looking forward in bitcoin by long term purposes, it's really making sense if I will just use my bitcoin whenever I needed it.

I personally choose others, it's means from service which I selling for bitcoin (this is should be on the option list). Nowadays there are pretty much company or group business who need a worker, servicer, or freelancer to doing a job, you can look at service section or service marketplace.

Well another choice I prefer to trading, although I just do a trade sometimes(I need to learn more), it's worth than investing to cloudmining, hyip, ect. Unless investing in gambling bankroll is pretty worth i think.

you should stop when you are ahead.
for example when you have won some good amount and when you are in profit you should quit because if you keep continuing then you will end up losing all you have earned so far.

also it is a good idea to set a limited amount for yourself and stick to that amount and never get over it. for example there are some people who will deposit more if they lose what they have deposited first.

Oo nga ayun yung ibig sabihin ko, ang sinasabi ko po boss pagka invest mo ng 0.01btc tapos gamitin mo ang martingale method tapos pag kumita kana ng 0.005btc iwithdraw mo na ung ininvest mo para kahit matalo ka bawi kalang.
ang martingale ay example x4 yung mapapalanunan mo tapos ilalagay mo sa lose ay 46% kada matatalo ka tumataas yung bet mo ng 46% para kapag nanalo ka ay may profit ka ganun po yung martingale method.

I really dont think that there is a person that became rich from gambling. It is very hard for you to have that kind of luck to get rich in that instant. This will require you a lot of losses and failures due gambling will make you loose you everything you have not just money. Playing money you should be smart enough for you to end up not empty handed for its very difficult to renew your funds.

Poloniex had issues with security in the past. Some sly user managed to withdraw his funds several times, that was lame on the exchange part. After that they evenly distributed the loss among all their clients as if the clients had been guilty in the theft. Doesn't look quite professional, does it? We don't know what other holes may also be there.

Yes it can increase the usage rate. People do not need to know about the technical infrastructure. Simple ease of use that people need. For example, anyone can shop with credit card without knowing their technical infrastructure. It is practical and easy to shop with credit card. The use rate will increase if bitcoin is a develop application in this way.

Good points, BTCLovingDude.  I'm not sure I follow what you mean with regards to the USD price being less than another currency.  If you loan USD and are getting paid back in USD, I'm afraid I can't see where the "other currency" comes into play.  In my example, I meant a "pure" bitcoin loan where you loan X bitcoins and get Y coins back at regular intervals in interest, without translating to another currency.

As for part 2, guilty as charged.  That is a bad example indeed.  It was hyperbole to make my point.  If there are only 21 million bitcoins in existece, and we're not continually printing them up, we can't guarantee interest back on investments indefinitely.  Of course, short term investments should work just fine.

tama mas maganda na ituro mo na mismo ang bitcoin para mas malaki ang kita nila total gusto mo naman magkaroon sila ng kita e diba?/ side dish mo na lamang yung kita sa load mas maeengganyo sila kung sa forum mo sila dadalhin

yeaaa first of all I want to criticize op action lately , he created over and over again a thread questioning similar things.
however it is okay as long as the topic are truly different and genuine.
most people have a reason to have fun but for me it is a lie , they need money and they gamble.

I always dont get profit.Sometimes i got few btc by gambling.If i get huge profit from gambling then i will try to buy some digital goods on online through bitcoin.Again,i will spend some money on my late night party.I dont wanna save those on cold wallet because i have enough money to cheers!

There were already some cryptocurrencies (very small altcoins) that "died" - that means, the blockchain doesn't grow anymore because there are no users (=users with running full nodes). Example: TGCoin.

That would be the most probable scenario for a "dead Bitcoin", too. No demand, no users, no transactions. The "why" question would not be that relevant - it could be a better cryptocurrency or - a bit sci-fi - less need to use money for everyday life, or a much better technology than cryptos (e.g. a kind of artificial intelligence which manages our needs). It would not be dramatic, just boring - "the last Bitcoiner" will power off the light, most probably without anyone noticing it.

Another scenario would be a severe software bug. That could be much more dramatic, because it's very probable that there would be still people trying to use it. Although in this case if the bug can be solved, the blockchain can be started again, although there would be, for sure, a big price crash. This also already occured in some altcoins (e.g. Slimcoin).

Do these shops provide any other services? Buying/selling BTC only doesn't sound like a robust business model.

It would be perfect if all the 'money shops' (where you can exchange currency, cash cheques, sometimes buy/sell gold etc) started trading BTC. Seems like a natural choice. Could work well especially at the airports where there's potentially a lot of people with some foreign currency cash left-overs which they could use to buy small amounts of bitcoins out of curiosity.