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Many true Bitcoin enthusiasts actually prefer to use Bitcoin as a medium of exchange. They arent interested in investment or speculation or trying to sell at a profit.
Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, its possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone elses digital wallet.
Yes. Its true that some of the bitcoin enthusiast uses bitcoin as the medium of exchange but this only in the world of cryptocurrency and is only limited to those business establishments that are accepting bitcoin for payments of goods and services. Bitcoin will be the universal mode of payment like USD which is convertible to any kind of paper currency.Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, its possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone elses digital wallet.
I know a lot of people have different reason why the love and embrace bitcoin.
For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
The way of earning in bitcoin impresses me most. We can have the unlimited income depending on the time we allocated working in bitcoin trading and very challenging specially in monitoring the right moment to trade. For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
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.
Bitcoin will not destroy the fiat but will be an alternative currency in the future. The users of cryptocurrency will increase but the percentage of users will vary in every countries exposure to internet. The utilisation of cryptocurrency as a means of exchange will mostly concentrated in the City where most business accepted legit cryptocurrency as payment. Heyyy Guys , what do you think about the Bitcoin futures listings ?
There are a lot of speculations regarding the future of bitcoin though its either positive or negative thoughts that they shared, what is important is that we must be vigilant of all the potentials and possibilities to happen based on the past histories of failed business that were boomed before it crushed. Investing in bitcoin is nice but with high risk involve but its worth investing but not much.Re: what are the effects of bitcoin on the world economy?
since the bitcoin I see the purchasing power of the community increases, more and more new rich people who appear due to bitcoin, well what I ask is whether its influence on the economy since adany bitcoin until now whose price reaches 1600 $
let's share
The abrupt surge of bitcoin does affect the economy in the country as this attracts the huge number of small investors to buy shares and earn in bitcoin. The SEC already recognises some of the cryptocurrencies that are currently in the system but new cryptocurrencies that are coming in to play with the waves of the bitcoin value which the SEC warns the people to be vigilant of the potential scam.let's share
Hello there one year ago i bought 3 bitcoins but lost them all in gambling... :'(nd now seeing the bitcoin price makes me cryy...
I have 1500USD right now...i am thinking to buy the bitcoin now whatever i can get with them
Should i buy now or not as bitcoin is reached its all time high and in to the moon...please advice me
The first time you invest in your 3 bitcoins was with high risk considering that bitcoin was still new by that time and no proof that the value will surge as high as the current value but you still take the risk. This time, after seeing the trend and theres no indication that it will go down, you can still take the risk and use the money you have buying a bitcoin. Still at the end of the day, its either win or loss. But its worth investing.I have 1500USD right now...i am thinking to buy the bitcoin now whatever i can get with them
Should i buy now or not as bitcoin is reached its all time high and in to the moon...please advice me
no fear .hold ur bitcoin in offline wallet.and do not share your private key to anyone 
bitcoin price will grow more
In a positive thoughts you are right. But hackers are just right there waiting for a chance to get into the system; transfer the funds if can and destroy. They are already there before the start of bitcoin and they hacked whatever it takes. However, with the preciseness of cryptocurrency system, everything that hackers can penetrate into the system were already considered and that is why mining was built.bitcoin price will grow more
Sure Bitcoin or in fact pretty much any crypto has the ability to become an internationally recognised currency. It just needs people to understand it, for it to be stable, reliable and easy to exchange. Will we see it tomorrow? No. But one day in the near future... its a real possibility indeed
Right. In the world of crypto currency, bitcoin is already widely recognised as the universal currency and globally used as payments to complete the transaction as long as theres a store that are accepting Bitcoin. However every countrys currency will remain as is but can transact bitcoin for exchange or vice versaNo need to fully understand bitcoin trading. With the money you earned from mining, just buy 1 and watch it quadruple in value after a couple of years.
Yes. Everything is possible if we have the capital to invest. For starters, we can work in signature campaign using our time posting which serves as our investment. Once we started to earn in signature campaign and we already have enough in our bitcoin wallet, we can now starts to trade for additional income. Until we invest in mining and other transactions in bitcoin that earns. That is how we make a living in bitcoinRe: what do you think will be the future of this market?
what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?
One of the key points of Bitcoin is that it eliminates the need of the central banks. In the United States 'central bank' would be the Federal Reserve. The Federal Reserve works in tandem with the Treasury department. These institutions have been working together for over a century. It would be extremely difficult to eliminate the Federal Reserve but not impossible. One simple way is if Americans vote for candidates that are anti-Federal Reserve.
I think with coming years if BTC usage in reality not expands the price of BTC can drop more and more by the time.
Am I wrong?
Probably yes when everything is exhausted and no more transactions to trade. But as of this time, that is to far from reality. All the released value of bitcoin as for the moment is fair. It only matters on the current transactions made by the new investors and the downstream trading that are working for the value of bitcoin Am I wrong?
Re: Falling Dominoes? $10,000 Bitcoin Price Now Looks Inevitable
It has always been inevitable. Its price has been hovering around that value for some time, and it has only ever been a question of when. It is crazy if you think about it tho. There are some people who were skeptical that bitcoin could break $10,000 within 2017, and we are about to hit that with a full month left. Crazy.
Yes and it goes bigger and bigger in its value till the remaining days of this year. The more people get involved in bitcoin the more investments to come in and more trades to happen that keeps the bitcoin rolling to increase its value Billionaire hedge fund legend and former Fortress executive Mike Novogratz believes the bitcoin price will easily reach $40,000 by 2018.what do you think?
There is potential that bitcoin will go up to that value by 2018. As long more investors will come in and more businesses to advertise definitely more transactions to make and make a profit Do you think using bitcoin is better than using actual money?
they have their own advantages. bitcoin is not effective for low transactions because of its high fee
Re: Wonder how many people can hold BTC for more than 3 years
BTC was around $300 3 years ago.
Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
Btc this time started to become the menu of small talks which eventually becomes the main dish of starters in btc. As people continuously talking about btc, the more people will take the chances of to become rich with btc. The number probably more than double than today. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
Has anyone heard of a hack or attempted hack on Bitcoin
Many have lost money by being hacked. Many have also told about it in this forum
Bitcoins are just that good of a technology since transacting with it is untraceable and police can ice you out because they don't know where the bitcoins came from. Crime sprees and hackers will take advantage of this feature and make cyber crimes much more achievable and easy.
There are really crimes that uses bitcoin as mode of payment transactions. It is currently circulating which gives headaches to authorities. Very soon, the corrupt government officials will use bitcoin to hide their indentity and avoid being caught.It is not late, because sometimes bitcoin drops very hard so that is the time to invest in it. Now it is a bit expensive so if you invest now you will pay a lot of money while if you invest when its low you pay less.
You also get more profit by doing this rather than investing now.
I agree, It is never to late to invest or get involved with bitcoin because bitcoin will keep growing and that means that you can make money from it.You also get more profit by doing this rather than investing now.
So if i was you just start investing and advertise bitcoin to some friends so a lot more people invest in it and we can make money.