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Showing 6 of 6 results by jhoesuahubilla
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Board Economics
Re: bitcoin benefit of saving for a long time?
by
jhoesuahubilla
on 24/11/2017, 23:55:39 UTC
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Bitcoin has the potential to grow and develop more in the future. That means its price can also go higher. Holding and saving bitcoin for now can make you gain a lot of profit in the future. Also, bitcoin's purpose is for the future. If you have a lot of bitcoin in the future, you will have a better life.
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Topic
Board Bitcoin Discussion
Re: Goverments to go AGAINST Bitcoin
by
jhoesuahubilla
on 24/11/2017, 23:20:34 UTC
Is there any chance goverments to go against bitcoin if they see its something against them??
There are some countries in the world that already banned bitcoin in their place. There are also some countries that legalize it. The government has the power whether to ban or to legalize it in their country. But those countries who legalize bitcoin, have a better and more developed economy.
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Topic
Board Bitcoin Discussion
Re: Convincing people about Bitcoin
by
jhoesuahubilla
on 24/11/2017, 21:56:36 UTC
Hey there.

I have recently gotten into this whole crypto-world. A long time ago I actually started mining bitcoins, but the returns were so bad I stopped (I would be rich if I had not, back in the time where you could make some decent bitcoin just with your pc...)

Anyway. I am trying to convince people that Bitcoin is the future. But currently people think I'm some crazy idiot. Why would you invest into virtual money?

What advice do you have to get people interested in Bitcoin?
If you will convince someone about bitcoin, you need to be knowledgable first about it and having a strong proof of your earning can be a great way to make them believe you. Discuss to them the advantages as well as the disadvantages of bitcoin that may affect their lives.
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Topic
Board Bitcoin Discussion
Re: Do you believe that digital currencies will replace Fiat?
by
jhoesuahubilla
on 23/11/2017, 15:00:01 UTC
I know it may not be possible right now, but do you think fiat will be gone in the future?
I think digital currencies will be use in the future but will not totally replace fiat money. It is because fiat money is still needed to be used by those people who dont have any idea about bitcoin especially the poor people. In order to have balance, fiat money should still move around the world.
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Topic
Board Bitcoin Discussion
Re: Bitcoin and Cryptocurrency are considered illegal?
by
jhoesuahubilla
on 23/11/2017, 13:56:11 UTC
Hi everyone,
I've join the bitcoin world for 1 year and earn a little income from this wonderful place.
But, unfortunately, when I talk about this to my parents, they all said this is the illegal money and I have to quit it before getting trouble with the government. Truly, even the main TV news program in my country said that, national banking system will banned bitcoin from any payment and there will be an punishment for that.
In my opinion, Bitcoin and crypto. still have its advantages and could be helpful if we use it for the good purpose.

What do you think, how can I explain to my parents? some article would be great. Thank you all!
Well, it depends to certain country because there are some countries in the world that legalize bitcoin and some countries, banned it. If youre in a country that banned bitcoin, maybe its good for you to stop since it will be illegal in your country or if you want to continue using and earning bitcoin, you better be careful.
Post
Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
jhoesuahubilla
on 23/11/2017, 11:58:54 UTC
Hi guys Smiley May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?
I have many plans in the future with my bitcoin. Im planning to buy my own house and my dream car in the future as well as travel around the world with my family. To reach that goal, i need to strive hard in earning bitcoin so that i can have money that i can use to reach all of my dreams.