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Showing 10 of 10 results by Saerel
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Board Bitcoin Discussion
Re: Does any bank accept Bitcoin?
by
Saerel
on 14/11/2017, 10:20:34 UTC
No banks accept bitcoin directly and doubt very much that they even will.they so accept it indirectly meaning you can use exchanges to send fiat to your bank .I can't think if any bank accepting bitcoin is there no.1 competitor...
When bitcoin is hired not to enter the bank immediately we still use exchanges wallet going to the bank .that we usually so when the time of payment .so that I totally know it...
I don't think that an bank will ever accept bitcoin i think that bitcoin will make it's own bank somewhere. Because bitcoin is not being controlled by the government but all the banks are so i don't think they will get together.
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Topic
Board Bitcoin Discussion
Re: How much risk in bitcoin investement ?
by
Saerel
on 13/11/2017, 14:47:36 UTC
I don't think it is a risk if you know what you are doing and have been investing in bitcoin for a long time. Because bitcoin will go up and down in value but you just need patience to sell your bitcoins at the best time because that will make you the most money.
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Topic
Board Speculation
Re: Selling Bitcoin
by
Saerel
on 10/11/2017, 10:35:34 UTC
Selling is a good thing to do because bitcoin can go down in value and if that happens then a lot of people will lose their minds. Because all their bitcoins will be worth nothing but they shouldn't do panic selling because bitcoin will go up again.
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
Saerel
on 09/11/2017, 15:47:36 UTC
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

I believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future.

We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins.
Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount.
I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few.
That doesn’t matter. Number don’t have any concern in terms of the future. See, bitcoin is being developed since last 9 years and only 21 million bitcoin are there in market. But when you talk about future, users will be more in number then ultimately the developing companies have to manage more bitcoins as per population. So, things will be fine and the future is all about it.
I do not think that there would be more bitcoins because we are already having a lot of struggles to mine the amount of bitcoins which actually are left and with more people it will become faster but not easier.
I agree with you i personally do not think that everyone will use bitcoin in 2022 why? because there is just 4%of the world population using it right now i do not think that in 4 years it can become 100% that easily.
That is true very few people of the world know about bitcoin and i do not count the multiple accounts or the bots that they are using to mine and earn bitcoin but just the normal people there are too few to actually think that everyone will use bitcoin in 2022.
I agree with you but even if everyone uses it by then there would be a few people who actually know how bitcoin works and that is why not everyone will be able to use it people will just pay 5k bitcoins for 1 pizza because they do not know how much 1 is worth.
Hahah that reminds me of a story a long time ago when bitcoin was worth nothing and a guy bought a pizza for like 5k bitcoins and i probably think that he is regretting it very much now and grinding for the bitcoins again.
I read that story that story is also the one that made be go into bitcoin because with that story i feeled and knew that bitcoin can become a lot more bigger than it was at that moment and i was right now i have a very big profit from bitcoin.
I agree with you i too have a very big profit from bitcoin but back to the topic i find that not everyone will be using bitcoin in 2022 because of the fact that there is still a bigger majority who does not even know of the existence of bitcoin.
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Topic
Board Bitcoin Discussion
Re: Did you guys read this story about a guy who lost $30K Bitcoin...
by
Saerel
on 07/11/2017, 16:16:44 UTC
I just read it i would have cried if i had invested so much in it and after a year i saw that it was developed a lot and i lose my password i would have literally cried and hope to get it back again would have tried everthing i got this is why we all need a backup.
Post
Topic
Board Bitcoin Discussion
Re: How did you first hear about bitcoin?
by
Saerel
on 06/11/2017, 16:47:27 UTC
I heard it when i was with my friend at a congress about how to make money easily and then they gave bitcoin as an option it seemed something for me because i am always behind my PC that is why i tried to find more about it and now i get my daily incomes through bitcoin.
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Topic
Board Altcoin Discussion
Re: Newbie to Altcoins
by
Saerel
on 05/10/2017, 07:54:37 UTC
Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley

Hey i see that you are new so lets me explain. Altcoins are like coins but they are made after bitcoin the main coin. Investing in altcoins is a smart thing to do many people have made a lot of money.

I know a friend that holded a altcoin for a few years and then the price went up he sold them all. He made money for patience actually.
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Topic
Board Economics
Re: Best way for steady income
by
Saerel
on 26/09/2017, 08:56:06 UTC
You can claim on faucets every day to have a little bit bitcoin every day if you do that the whole year you would have a lot of bitcoins for nothing. One option is also investing you can invest in altcoins. I have already invested in litecoin and dogecoin. I have sold them yesterday i actually converted them to bitcoin. For me bitcoin is the primary thing.
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Topic
Board Economics
Re: If you were in desperate need for money....
by
Saerel
on 26/09/2017, 08:49:33 UTC
Usually the best thing to do is to look for a job that can provide a good source of income, but in emergency situations, there are other possibilities like selling things you do not need or asking for help from someone you trust.

I agree finding a job is better, but you can also sell all your coins on a emergency situation. You should first find a job to secure your coins, because in the future bitcoins price will go up.

If you can't find a job then there is nothing to do but selling your coins. It is painful but emergency is an emergancy.
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Topic
Board Bitcoin Discussion
Re: Why use Bitcoins ?
by
Saerel
on 18/09/2017, 12:11:56 UTC
-Use bitcoin to hide your identity
-Use bitcoin to secure your money
-Use bitcoin to make profit
-Use bitcoin to pay fast