I also like the idea, however it just came through my mind that as far as i know FIAT doesn't have like fiat day or something like that. So why would us? Tho if we are going to take it further like business innovations then it might really be a good one. Or if the topic is all about the improvements using bitcoin as a medium

What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?

https://bitcoinmagazine.com/articles/global-digital-bank-wb-starts-accepting-bitcoin-deposits-1466103194/

According to this article it states that Digital bank WB21 announced that it has added Bitcoin as a method for its customers to transfer and deposit funds to their checking accounts. WB21 customers can now send Bitcoin to make real time account deposits in any of the 18 currencies supported by the bank.

This is the first time we will be having a bitcoin digital bank and as of now they are located at California, Switzerland and Hongkong.

Is this a good news or bad news, whats your say?

Well if you can have patience for a long time you can do it exactly, because 30 years is not easy to do and it needs a lot of efforts to do in order to make your holdings of 1 btc will not be stumbled. Be firm on your decision and manage your finances will without any ideas of dumping or selling not in a right time, everything must be according to the right situation which could not end up to a profit loss. Make it the good idea of saving digital currency that makes good sense aside from saving fiat cash through banks at your local which will not gain good profit even though you put bigger amount, but still you won't gain great profit from it.

I have no great basis for this thought beyond it being "gut feel".

My sense is that as Bitcoin becomes more expensive, its price base will become more insulated. That is, the massive valleys we've seen on the historical price charts will become less likely to occur.

My thinking is this: the longer the technology holds up, the greater people's faith in its ability to survive and thrive. In turn, this creates a seller's market, where holding for investment purposes becomes a more compelling proposition. That means more people will buy and hold their Bitcoin, banking on its potential to continue to appreciate. Rinse and repeat... the price continues northwards.

The ultimate result in this scenario will be less liquidity of larger transactions.

Of course, so many factors (macro, micro, technical, etc) combine to contribute to the price of Bitcoin, but this seems to me to explain, in part, why we are on a steady upward trajectory at the moment.

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..

If that would be available in other countries as well, bitcoin usage would definitely have a boost as it is clearly a very good business. I work for a company that is in a lifestyle segment and our malls have cinemas scattered across the nation, and I hope the management would definitely look into crypto currencies as payment options, aside from the now trending entertainment reloadable card that is being accepted.

We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.

Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?

I don't know why people comparing real mining to cloudmining, and i only think the only comparison for both is they have mining in their name, and the truth their is cloudmining is just made by those scammers who wants to make their site looks more adorable for newbie people so they will invest on it, and maybe other's name it useless since blocks for bitcoin are more harder to get for each years passes maybe they are just focusing on bitcoin and not for the other altcoin.

I think its now the time to buy bitcoins in cheap price, don't be fool at price price just focus on where you can earn or it can grow your bitcoins, just invest to a good compony or have a good plan, and don't even bother to lose/steel your bitcoins, just saying "Make your bitcoins as your family and don't let it still by other people "

Buying bitcoin from now is the best time and lose this chance....

Surely that would make things much easier. That way users would not need to rely on credit card to cash out. I know there are already Bitcoin debit card, the problem is that the rates are a bit high at the moment. More companies have to appear, so there's going to be more competition and rates are likely to decline.

I think you don't understand that there are many people who have not free money and it's normal that people count bitcoin as high risk investment. Yes we have heard many stories already how people get rich on bitcoin, but all of them bought it for very cheap money. Today when the price is close to 2000$ investment in bitcoinsounds much more risky. For example my monthly salary is 300$, I even can't buy a bitcoin. But I have found the strategy for myself and people like I am - I put on the side 20% of my bitcoin earnings in the campaign and gambling. I have just began, but the sum seems not so bad already with nonstop growing bitcoin's price.

That's a good question.  Due to the design of bitcoin, it is a bit difficult to "loan" them (remember that banking is effectively a loan where the bank pays you interest).

Bitcoins are not fiat, and therefore, can not be continuously printed.  Because of this, no one can guarantee to indefinitely keep paying out interest on loaned coins.  A horribly exaggerated example, just to make a point, is that if I somehow had 20,000,000 bitcoins in a bank, they could never pay me more than 1,000,000 total in interest just because of the limited supply.

Now, that's more on the theoretical side of things.  In practice, a major problem with loans in Bitcoin are the volatile price.  If the price rises suddenly, it could become more difficult to pay back interest; or alternatively if the price takes a heavy drop, the investor may lose money as what he is paid is less valuable now than it was at initial investment.

I've been talking about Bitcoin to family, friends and random people for years and nobody seemed to mind when BTC was under $1000. But now that Bitcoin has reached $2000, people are starting to realize that owning 1 BTC is beginning to be out of reach for the average person.

I've had more people ask me about Bitcoin lately and wanted help buying Bitcoins. What about you?

We have already discussed the idea of bitcoin bank and a majority of the users are against the concept of bitcoin bank (I am not one of them).

Do you agree with idea "Bitcoin bank" ?

Have a look at the thread (link above) to have brief understanding of user's opinion.

Probably the safest way to make money with trading bitcoins is through arbitrage. This means that you see an opportunity to buy an bitcoins in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the bitcoin immediately at a certain price. If you wait - then this is no longer arbitrage trading, but speculation.
Go and have a look at the price differences between exchanges and check out if you can find good opportunities.

The other way to earn Bitcoins from trading is simple speculation. In this case you would buy Bitcoins, wait until the price increases, then sell for a fiat currency.
When the price drops again, you buy more Bitcoins and start all over. If you are lucky or can predict price of btc you will earn some money from this.

both of them is difference, but to make it easier to understand, when you investing, you trust your money to someone and you don't need and can't do anything with your money until certain period, when you trading, you used your skill and knowledge to generate profit and you need to some work in trading, you need to pay attention to the chart and keep the updated news everyday

so when investing you depend on somebody else when trading you depend on yourself

Actually the future is pretty predictable, the history is showing bitcoin has made giant steps considering that is only 7 years old. I think bitcoin will keep going this way and many of us here think it will bitcoin will have a bright future so the future of bitcoin Economics will be great , no need to worry of it, bitcoin will be without a doubt toward a bright future. Investment in bitcoin as a store of value is great.

Bitcoin won't die, before this happen an improvement will be chosen to be implemented. The question is if it will have a hard fork or not. I personalyl don't like the idea, I think it's very bad for the Bitcoin unity that was built along the years, but the transaction fees can't continue increasing like now and the delay can't continue. All we can do is to wait and see what happens...

Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.