What are the chances of living in a world with no actual money ?  no way, How can it be disappear? its imposible cryptocurrency make real money disappear. we're all know, real money or Fiat currencies are legal tender, that is to say currencies established as money by government regulation or law. but cryptocurrency !! There are just too many issues with it. So there is no legal obligation as such however to accept the results of a cryptocurrency operations. To change this situation requires massive legal changes. It can't make real money disappear. The real money is in service for long time and all of the people do their shopping and other needs with real fiat money. But bitcoin is very below of fiat money because of that the adoption is in low level now. to me i think that it has the ability to do so. but i think that it will take a lot of time and because of the little number of bitcoin users, currently the number of bitcoin uses are not so much, but now the users of bitcoin are increasing because bitcoin is now becoming more and more popular and now entering in the world of bitcoin. The best way that bitcoin does is by embracing a community of users that has skyrocketed throughout the year, civilization will not be able to stem a wave of powerful technology powered by mass and this we have seen on the android platform. Ultimately, the government can only instantly refine the rules for bitcoin in order for economic stability and market response to return to normal. |
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Many countries have even legalised bitcoins even though they can't control it as Bitcoins are decentralised means that control is given to the user or owners of the bitcoin's.One of the things that governments are afraid of are that bitcoins are anonymous means a user can go intractable or detectable in a transaction this can be used for many illegal activities.Many countries as seen bitcoins potential and have legalised it like Japan where bitcoins can be mostly use anywhere i think.So I don't think so that there would be that much of friction between bitcoins and the governments.
bitcoin can only be applied to developed countries because the transaction tax is clearly regulated in the official law. But they still apply the kyc pattern where users are not always completely anonymous, friction will not mean much to them because it has strong authority to intervene in something, but it will happen in third world countries. |
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Yeah i do prefer cash or credit cards instead of bitcoin ,that is why i use a bitcoin debit card to withdraw my earnings or just buy some stuff in the stores that i like.
And also i really like paper money , and i dont think that can be replaced by bitcoin in a near future, that sounds not possible in short term, maybe in 10 years or more if bitcoin is still alive, but who knows? it is too early to predict that.
In the next 10 years we also will not know if the paper wallet can be applied to the retail/real business. I also still think cash is a favorite because bitcoin is still only involved in virtual transactions, not enough to accommodate daily needs and bill payments directly. |
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I would like to do both of them,, I trade altcoins to make daily profit and then I buy t with my profit count to hold them for long time,, but of I see there is a good coin to trade I will sell some I have
exactly same like you i have some amount of investment which i just used for short time investment and make money through it from where i can and also have some of the amount which i have investing in some of altcoins and i don't disturb them either price go high or dump down. i will sell them when price go upto moon. I'm a speculator that calculates total profit orders for a week or a month, so daily transactions are only for capital expansion, if I sell and exchange profits every day there will be no financial fundamentals and that's not good management. But this remains in accordance with the trader's own patterns and I am used to being a holder. |
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Holding is a good thing right now but not necessarily risk free, prices can drop suddenly as the last few weeks have increased and in the same time you can trade in altcoin to make a profit. both are profitable but have different levels of risk
not only bitcoin but i am looking forward for other cryptocurrency as well for the long term to invest in it. i think there are also a lot of coin who has agreat potential to gives a huge profit to the investors and are really very good project to watch and invest and will be able to be more profitable than bitcoin in future iam looking forward to them as well. I put bitcoin just for exchange with fiat, the working machine is fixed from altcoin and not just for trading only, but also for gambling, I consider bitcoin only for safe level, and dirty parts and work every day is through other coins, it becomes consideration due to cheaper transaction costs and stronger fluctuations. |
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Many people think that saving as much bitcoin as possible will be very useful for the future, but I think the majority of us just make it immobile (passive assets). Bitcoin has an active currency role, supposedly if we continue to use it in various businesses then we can enjoy it as often as possible instantly exchanging with fiat after what percentage we get.
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My dream is to keep moving in the development of the local bitcoin community, to give understanding to people who are used to doing physical work is very difficult, let alone encourage them to realize long term investment assets, I think if it can make them understand and actively participate with bitcoin then I will get many benefits in my life purpose.
Surely we all dream to enjoy every bitcoin price increase gradually.
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I think that Bill Gates is not the last person in the world and his thoughts are very important to people. For me, it was an influential person and my thoughts about Bitcoin became even better. I have invested in the cryptocurrency before and now I'm just sure that I'm doing right.
Bill Gates is one of the reasons I'm involved in bitcoin, I read a lot of great characters that explain his interest in bitcoin, Bill Gates is not too vulgar to use microsoft windows label for bitcoin, but he is active in the development of cryptocurrency. Until now I have absolutely no regrets with bitcoin as it continues to generate profits in the business I want. |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
That would only be happen if the community of bitcoin and users will be gone away. But that won't be happen of course, bitcoin is just only starting the real journey now. Though, price of bitcoin is getting much higher compare 3 months ago isn't? I don't think that it will ever happen, bitcoin will be there forever along with its high value. There may the ups and downs in the journey of the bitcoins; there will be lot of variations in the value of the bitcoins but at the end bitcoins will be emerged as a winner and it will keep shining at the top level. This news made me panic before hardfork yesterday, although it did not happen, but the possibility of upgrading the system and making bitcoin has no value is a probability that may occur. Perhaps this will always appear in some subsequent hardfork processes and can not be prevented, bitcoin will also lose value if 80% of market attention moves back to fiat or to other altcoins. |
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Try the occasional serious gamble, at least you have to find the conclusion that you deserve to be a gambler or not, bitcoin is able to realize more easily because we just need to deposit and use anonymous id. If you can control the addiction and feel comfortable in the game then it is your second door to get a source of income.
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It is indeed a good way to invest your money, think of it as a gold or gold accessories, you buy them and wear or keep them then after many years, months or weeks price change when you sell this stuff the price is higher than the price when you bought them so its a win win if you will invest in Bitcoin.
I applied it when I first learned about bitcoin, which is great after I invested for a year and made more than 3 times from the initial capital, bitcoin is great for investment. The following year I tried to actively develop it in the trading market and earn more profit. |
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I think that sellers are afraid to take bitcoin because of its not too stable price and many will not so risk not to stay at a loss. It will be like a lottery and will be sold only by very rich sellers or those who are not afraid of losing money.
Thats true, I am thinking the same way since the price of bitcoin are really volatile and retailers and afraid of loosing money and since not all people use bitcoin it will be hard for them to convert their btc. but i hope that a lot of shops around the world will finally adopt the system of bitcoin. That thing will surely happen soon, many businesses and companies uses btc as a way to fund, maybe next where the merchants when some big companies tried it,surely everyone will follow. I have read that there will be a big retail in Russia that will soon implement bitcoin later this year, if this happens then is the first official retail that will inspire other companies, we don't always think of fluctuations/volatiles because bitcoin is far more profitable than fiat. This system will adapt to civilization and require drivers for btc implementation on real business. |
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I do not see any special advantages from gambling except for a small profit. I do not depend on them, but I do not get much pleasure from the game either. Perhaps tired after several years of play.
Gambling does not always entertain its users, if you experience it then there is no harm if you switch to another business, gambling does not force us to engage, but the addictive nature that keeps us in touch with them, so far many benefits of gambling that applies to me because of gambling capable of generating huge profits, never counting initial capital because gambling is about what we do today. |
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This is a heavy feeling that we just keep united in gambling addiction, I take a long time with things like this, in the end I realize that addiction can not be eliminated but can only be divided into other productive businesses. So we do not get stuck in one glass that makes us sink forever. It's not easy but it works really well.
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I am just wondering if you still would gamble if you would have enough money? I mean, now as it is, do you gamble for the fun or for the profit?
Sure I would. I do it because I kind of enjoy it, so it wouldn't matter how much money I had, I would still gamble. Well you can create demo gambling accounts and so this will be well suited for you if you just want to gamble for the fun of it. I would definitely quit or play with demo account in order not to loose money for fun. Why would bother of losing money when you really can play at any demo gambling accounts. This is a good choice if you just wanted to have an entertainment because playing with a demo you won't even have to suffer what you lose, even if you are addicted to it. You will still be able to control it, by just deleting your demo accounts. Demo account is only for players who want to play comfortably without real income, in the end they will be interested to deposit their balance and become a real gambler, if money is not a problem then I will gamble with more comfortable and free, many top level gamblers who do this and they always get a big win too. |
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I don't think you can do that regularly on a casino. At least not on dice, slots, roulette etc You can do it in poker of course, but I guess that's the only casino game that has some strategy in it. Expecting regular income from gambling is not possible. You can make a profit with using your skill set and experience but making fixed amount is not possible. Today you will make, but tomorrow also it is not possible. We have only one choice to make a profit that is skill games like poker and sports betting. Are you use casino games then your profit completely depends on your luck. It is not true to always believe in luck, proper analysis is very influential on the outcome of victory, practical intelligence is indispensable in this case, this applies to all gambling except the dice system. If you want to get 50-100 $ in a day we need to add a capital of about 1000 $ there we can calculate the possibilities that exist, many gamblers lose if relying on small capital, this is the most important factor. |
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You should understand why saving and holding Bitcoins is always a better option unless there is an emergency to use it .
You earn alot of USD just by holing Bitcoins because the prices of Bitcoin keep increasing leading to more USD. So if you hold the same amount of Bitcoins for a year , you would see the difference.
This is true by holding our bitcoins we can earn a big amount in future. The bitcoin price will 100% increase, and we can make a good profit. That is why people will prefer to hold their bitcoins instead of selling it. But if I need urgent money then I will sell my bitcoins because using our personal money is better than using bitcoins. I'm used to using healthy cash flow where if I earn a lot then I also have the right to spend a lot too, it's very relative and I split the two earnings where the trade included in the cash flow, and the purchase of Ico coins to be traded regularly and kept all the time . |
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Bitcoin needs to go down temporarily so that users can buy at low prices, the law of supply and demand must also pay attention to long-term increase so that transactions can be done by all levels of society. I think there will still be a lot of big issues that will come up and half of them are negative rumors that will experience a strong decline like a few months ago.
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Yes, but it depends on how people are using the bitcoin in their country.
It helps the economy of one's country. It gives an external income the people and make the income of the country increase. But as you've said, I think it still depends because there are a lot of people who just save them and so not really use them waiting for a good price to sell theirs. Yeah it really depends on that person , but i think it can improve for the economy because you can cash out the money and that money is coming into our country, we are just like an OFW ,because we are the one of the people who make money entry in our country. Bitcoin is able to attract a lot of income from the tax sector and act as a remarkable foreign exchange if bitcoin is considered a legal tender that will absorb more state revenues, a problem that is feared will degrade people's interest in fiat so bitcoin should be wisely regulated in order to remain stable. |
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No, it will never be any country's national currency. First of all, all country's are already stable in using their currency, an actual and non-digital currency. Also, a lot of digital currencies are also coming which may weaken the Bitcoin rates.
If one country legalizes bitcoin as their currency, it will last a lifetime in this country and make this coin centered, not very good, but if it is considered a common currency would be very good, so far we know the euro currency, if it applies on bitcoin then it will be the best solution |
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