Future of BitCoin

Bitcoin is still better than Paypal.

No fees and no chargebacks.

BigMoneyyy said:

Bitcoin is still better than Paypal.

No fees and no chargebacks.

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I have yet to issue a refund or have to deal with a charge back. Honestly depends what you are selling/offering online.

SkylerJarman said:

I have yet to issue a refund or have to deal with a charge back. Honestly depends what you are selling/offering online.

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You still have to deal with fees, paypal charges 30cents fixed fee + 3%

Seeing the price fluctuations (current low run) and the exponential increase in mining difficulty, it will take a lot to get into "profitable" mining.

now it's 341/bt I bought some

there are still bitcoin startups in San Fran getting 6 digit funding recently - hope for cryptocurrencies

zombie007 said:

You still have to deal with fees, paypal charges 30cents fixed fee + 3%

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But you don't have to worry about losing money from the value dropping.

theakway said:

Well the price has been pretty stable for quite a while now (averaging $600 per bitcoin). I first bought some at the $300-400 price level. As soon as it hit close to $1200 a sold them but kept about $200 worth in bitcoin.

However, it's the technology behind it (still in its infancy) that will and has helped it grow. It's not the price. I'm closely watching it to see how it develops in the next few years because it does have quite a bit of potential.

As for the other cryptocurrencies, nothing to take seriously. I mined a few different ones. Sold the ones that were worth something. The others just completely failed.

Conclusion: If you wanted to make money from bitcoin as an INVESTMENT, that opportunity is long gone.

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Like Coinye/Kanye Coin?

Sidechains will be the next step

Honestly, I see Bitcoins as having been in a Bear Market due to a few big whales selling large numbers of coins (usually at least $150,000 worth) at a time. Usually these whales are investment companies that just see Bitcoin as another commodity. Due to the low volume bitcoin otherwise trades at, when a whale sells it causes a big bounce! A few people are speculating that a few nasty whales have been forcing this bear market by taking advantage of this bounce to keep production costs high and help remove small guys from the market. These Bearwhales (as people call them) are using this time to buy coins in small trickles, sell in chunks, and overall keep profiting.

You know what comes after a bear? A bull.

Bitcoin has been considered by Paypal and already is in testing by their development branch called Wisdom Tree. Ebay, which is owned by Paypal, has started accepting Bitcoins as currency. Bitcoins are being actually adopted slowly but surely. This means the bearwhales' volume grip is going to loosen! The bad press surrounding Silk road (and the artifical inflation it caused) is wearing off, causing prices to further stabilize. Prices will rebound.

If you want in, now is the time while people are still freaking out that Bitcoin isn't worth $800 each but it still hasn't sunk in yet that it never was supposed to shoot up like that and that things are improving. Think of it as a "sale" and take advantage. Just bear in mind that this will be a long-term strategy and will take time to recover anything you put in.

Good luck!

Bitcoin has no future as there is a fight about unipolar or tripolar monetary system.
Use your grey cells as bitcoin is only the door to digital currency controlled 100% by the government.
Even bitcoin can be easily controlled by the government but thats not relevant cause they can destroy bitcoin in a single day

Promising Future Soon.

"All People Seem To Need Data Processing"

bitcoin might not be the future, but some form of digital currency will be

there is just too much bs when it comes to taking credit cards/paypal.

varkom said:

bitcoin might not be the future, but some form of digital currency will be

there is just too much bs when it comes to taking credit cards/paypal.

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I agree, BTC is nice in the fact that asshats can't chargeback on you.

I think once people see the features of the coin rather than paper money the prices will level out. And when stores accept them of course

I think future of bitcoin is now, price range $300-$400 because now is the stable year of bitcoin.

I personally think it is only a matter of time before Bitcoin is not number 1. I had a programmer go over it and it is hackable. She was able to find out how to do it. However to do it would require a lot of computing power, but it is a level of computing power that is very do able for say a bank or government. Also there are Coins already out that are better then Bitcoin.

I would say wait, don't invest everything right now because there are better altcoins out now, and better altcoins that will come out within 12 months. I know of 3 that will be better then Bitcoin and I am on the developer team of one of them. The one I am on the developer team of will change the way that the sheeple see Crypto-Currency and as a result a it will benefit all Crypto-Currencies.



Also

I herd from a programmer who has created a number of altcoins that Dogecoin is a pump and dump, it is just better organised then the other pump and dump scams. Most altcoins are Pump and dump scams, and the trading sites that allow you to trade them are in on it.

Hi all,

User friendly interface , Multiple trading oriented reports trend indicator for each pair, volume, lowest price on the market, highest price on the market, market trade history etc.

The only people who stand to make money with Bitcoin nowadays are large traders and those selling mining hardware to people who think making the odd dollar per day is a worthwhile pursuit of previously invested time.

These days are long gone unless people start to cash out for some magical reason.

Bitcoin could change the way we look at any currency in the future. I own one of the top virtual currency sites on the internet to date and a full bitcoin supporter and believe virtual currency's like bitcoin, dogecoin, litecoin and a few others are here to stay. Some will rise and some will fall but the Bitcoin is here for good.