many ways to get bitcoin. there are free, others require some capital. for example, signature campaign and gambling.
Yeah that true, if you want to earn bitcoins then it will be best for you to join a good campaign and after earning bitcoins through posts you can go for gambling if you know how to play it.
I bet bitcoin can because there is many bitcoin user now. And once many nations accept bitcoins it is possible to make banks disappear. Because it has fast transactions and more secured and because technology becomes more modern now it can easily fit in the modern world and it can use in different ways in the internet.
Yes when the user base of bitcoin keeps on growing and the requirement for Internet money usage makes more demand, then there are more possibilities for bitcoin to make Banks disappear.
Its not so easy now, it will take a lot of time to make it so. Currently the Bitcoins is growing its popularity and we have to wait and watch the situation. Because the local bank has its own strategy.
Many people love them both. But most people use Dollar. But many people use also Bitcoin and that is very good. I hope that more people will use Bitcoin. But it is hard to learn some new people how Bitcoin works. The older generation doesnt even know what Bitcoin is.
I think bitcoin users only 1% of the total world population, while users fiat is spanning the globe. how bitcoin can win against fiat?
bitcoin has to travel more to reach the image of dollar.
No, the reason being Bank is still the best place to secure money from where the money can't just be stolen or hacked away . Banks provide you the interest you deserve as well .
Banks can not be disappear because of the system to distribute money and bitcoins has to travel a lot.
i will just hold my btc and wait for the price to increase. there are more ways to grow your btc but they are too risky for me
Basically holding bitcoins is not a way of growing your bitcoins , the quantity of bitcoins is still the same over the time if you are just holding it, only the price changes. It can be a good way to earn profit though, but need some patience. Growing your bitcoins always involved risks, either gambling, investing , trading ,lending or whatsoever method.
It can grow the fiat value but not the btc itself, well your right by that a safer way is by faucet and signature campaign you only need patients, perseverance and dedication when you are doing this things.
Signature campaign is the good way to increase bitcoins without any risk.
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Re: Are you holding your bitcoin for a price increase?
I met only one person until now who asked me if I know about Bitcoin and I was amazed at first but then to test his knowledge, I pretended as if I have no idea what it is, so he tried to explain it to me and it looked more like a sales pitch for a get rich plan and then I told him I am in Bitcoin world from 2 years now and corrected him that he shouldn't present Bitcoin as a get rich scheme.
Was he trying to sell bitcoin to you?
I have also told the pizza guy same story of bitcoins he laughed.
This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.
The idea behind it is how one looks at bitcoin. As a speculative asset you hold just to increase your wealth? Or as a currency people use daily. There's nothing wrong with holding bitcoin. Just that there are a lot people viewing it as an asset such as gold. Bitcoin is not meant to be an asset, it is meant to be used as a currency. That is why OP says that storing bitcoin is against the purpose of bitcoin
This is totally depends upon the users whether to spend it or hold it.
Bitcoin just had a major dip lately so I think there'll be more buyers so in that case I'm buying bitcoins because it is a lot cheaper than it was a day ago.
And it will be a lot cheaper if it still goes down more! But in the coming halving they are saying that bitcoin will certainly will increase that might be troublesome for buyers indeed.
If we buy bitcoins now the I am sure it get benefited.
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Re: Bitcoin has died 88 times
by
OnTheMF
on 23/02/2016, 15:48:07 UTC
How come bitcoin can die so soon and who is predicting it. It will go long lasting then we imagine.
That is a lot of money mate. You will be rich later in the future. But you never know what the value is in the future and that is bad. It is so hard to predict and that is not good. You dont know when to sell or buy it.
You must to take the risk and just sell it for the right moment.
13 bitcoins is very big amount, you need to do trading with all your bitcoins which is the best idea to get rich soon.
So I saw the Bitcoin price dropping yet again so I figured I should transfer it to Gemini just in case it really started to tank. But my stupid fat fingers accidentally hit the "send without transaction tax" option and now my bitcoins are floating in space on the interwebs all by their lonesome. It's been 8 hours. I read somewhere that it can take up to 3 days if i'm correct? Well lesson learned, turn on the light and have some coffee before messing with my phone.
Sorry I didn't have time to go through all the posts, but which Android app allows you to "send without fee"? Just want to find out since I always wanting to do that but all other wallets will need at least 100 bits as fee...
Lol really you got the point, even I was thinking so without fees how come it happened may be there is system failure, but really big question how come it happened any way if we receive the money back than its not the problem it will make us wait for 3 to 5 days .
In my opinion nothing and no one can destroy bitcoin, because bitcoin is a completely decentralized and peer to peer currency, no one have or can control it. It is a decentralized source of payment system and it won't get destroyed.
I agree with you too, there is nothing will destroy bitcoin , because of its completely decentralization and peer to peer currency, and when the time will come, it will solve the problems too.
Bitcoin life has no end. Till humans have trust, there is a alternate currency which will soon get its physical form as well get to use in most parts of the world.
Bitcoin life is just started now, it has long way to travel and it has very long lasting life.
I mostly store my bitcoins in an online wallets. I think that is the best option to store you Bitcoins. I like the online wallets, because it is so nice to work with it. I hope later that more people will use the online wallets more and that Bitcoin will becoming more popular in the future, and we all hope ofcourse that the value will rise too.
I like to store my bitcoins mostly in my blockchain online digital wallet where I feel it is secure.
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Re: Do you think bitcoins will disapear or become unused?
maybe it will.. but i don't it will happen anytime soon.
I guess that will not happen, bitcoin is money in the digital world. the question is, who would not use the money in this world everyone would be using the money, as well bitcoin will definitely be used continuously even thrive. bitcoin will disappear or not be used again when bitcoin be illegal for all countries
I think bitcoins will not disappear soon and will be useful for a long time.
yeah bitcoin transaction fees is very less compared to paypal and its the fastest one.
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Re: Can Bitcoin make Banks disappear?
by
OnTheMF
on 23/02/2016, 11:14:14 UTC
Its not possible because the bitcoin has their own system of money handling and bank has their own. So without local areas bank bitcoins transfer into local currencies can't happen.