Tell me all about it
My least favorite thing about Bitcoin is the fact that you sometime shave to wait such along time before the Bitcoin starts moving again. I become so impatient when the price is stable for a to long time. That's right but to make money with bitcoins I think we should also have patience as if we take wrong decision then it will result in huge loss to us, so its better to have patience and take actions accordingly. Though that stable nature of bitcoin causes panic to many users, but i feel that no one should do that as while the price of bitcoin is stable we can still earn money trading other coins in exchanges, so if we have some bitcoins and they are not growing themselves then we will have to make them move by increasing their quantity. but to me it is good if the price of bitocin remain stale, you can see that USD is one of the most stable currency but still people are using it and is the most popular currency of the world, |
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Costumers are using the biutcoin allot and for the strangest things i can tell you and there are also allot of people who are using the bitcoin for other things
and most of the time that are just bad things.
no it is not right to say that most of the time people use bitcoin for bad, i think there will be a very little number of people who may be using bitocin for bad things but mostly people use it for good deeds. |
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Cmon guys, stop "killing" bitcoin, every month i am hear from people about new bitcoin clone that will kill his father in short term, but everything they are wrong.
Yeah because these people think that bitcoin will die so quick from a new coin or plan or whatever but what they don't know is that the bitcoin has such a big foundation that it's impossible to just swoop away. It would take hell of alot to kill bitcoin that instantly. We cant really say that theres no altcoin could able to replace bitcoin because we wont know the future yet but as we can see on the situation and issues there are lots of alts which are trying to surpass bitcoin in anyway but still they have failed because bitcoins had already established its pace and isnt easy for it to be destroyed soo easily. Bitcoin is the king of crypto currency and it won't be easy for any altcoin to replace it as bitcoin holds more number of users in compare to other cryptos and people have more faith in it. As I have stated numerous times before a lot of the issues altcoins face when trying to start revolves around their community size, and that is one of the biggest impacting variables responsible for issues later on in their lifespan. Bitcoin is strong because it has a big and strong community. Yeah and the main reason is that it also holds multiple benefits and features with it which is missing in altcoins and that is the reason people will never switch to any other coin from where they are getting limited benefits. It's all about the trust, people are controlling the value of bitcoins, it has been noted that bitcoin has been in existent for longer years compared to altcoins and it has experience crisis already but still people are trusting bitcoin which makes it a very strong coins now. It will never die again. Price may fall down in future but it will never disappear and even if it falls down it has an ability to rise again and go to higher price and it has successfully proved it in the past. yes in fact bitcoin is becoming more and more strong as time passed as more people are investing their fiat here and therefore it is really becoming more stronger. it is also a fact that the price of bitcoin has the ability to recover its position if its price fell down, as we have a good experience of bitfinex which really drop the price of bitcoin but it again recover its position very soon. |
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Bitcoin can disappear?
Things don't just suddenly disappear, we live in the real world. And if bitcoin is a scam, what will happen in world?
It is not a scam. People will panic?
Only the average Joe panics over nothing. How could bitcoin disappear? I don't think that could happen. It can reduce in value to 0.01 cent but that doesn't mean it will vanish and not be available to be used as a currency.
Exactly. Bitcoin can't just disappear for no apparent reason. I dont think that the bitcoin can move and never come back because there are to many users of the bitcoin right now so why would the bitcoin disappear now and not later when the price is also dropping., to me in near future the price of bitcoin is not going to drop, as people are interesting in buying to buy and invest their fiat money in bitcoin therefore the demand is increasing really increasing the price of bitcoin. therefore bitocin is not going to disappear in near future and is becoming more and more stronger. |
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Bitcoin shops will do it good in the future for sure becuase allot of people has already shops witch where you can pay with the bitcoin and that is really nice
becasue allot of people are using it also!
no doubt about this that it will really be a good decision but you have to keep it in your mind that owning a shop in big city or even taking it on loan is also need a good amount of money, which everyone cannot afford, therefore to me, therefore if you open a shop in your local area it will also give you good profit you can also trad bitcoin there if people have some knowledge about it. |
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Unless someone is taking notes on every trade he make, itis hard to track especially if you are trading lots of coins and are on the go everytime there is some incoming pump to happen, or dump to occur. As of me i never take down notes but as far as i can recall am on the positive earning though there are some loses, the winnings or earning from trading is far more.
Therefore it is advisable to focus only in few coins so you can make the right research, do not just believe in what others are saying as FUD happens, you have to be smart especially when the amount involved is a big amount of money. Its better always to select only few coins rather than investing money on all coins which you would really huge money on it. And also dont ever believe on the words of the people especially on the trollbox because they are just promoting their own coin and tend only to get more investors. i think no one can invest in all coins as there are a number of coins and you need such a good amount of money if you are going to invest in all coins but investing in all coins is also useless as most of the coins are dead it is useless to invest in such coins. |
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i personally never use it in through out my life therefore i cannot say anything about this, but i think it may be using for shopping in from online shops.
Bitpay is actually quite known for many merchants even big merchants are using bitpay to accept bitcoin so they are trusted for sure and many small to big merchants are using them. But i don't think ebay or amazon gonna consider bitpay to accept bitcoin actually they may not accept bitcoin for few more years in future. yes and the reason is that bitpay is really trusted forum and you can do shopping using bitpay with any amount, as most of the people from different countries are using it. |
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i will only recomend you that if you are a new trader then you should only do trading with a little amount, as you need to get experience in trading and only then you can make good profit from trading.
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I think they are both needed in trading we need skills to trade bitcoin or altcoins and we need luck for we have get a big profit in trading so we need that both in trading industry for to make income in bitcoin.
i also agree with you as both are important luck and skill for good profit, if you have good skill you can make good profit but for this you also need good luck, without good luck you cannot make good profit. |
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Not always but yeah i do miss it quite a lot. Sometimes when im asleep it hikes, sometimes when im away. So what i so is just to set up sell orders and hope that the price hikes up it would reach the amount i've set
yes and most of the people do so, as not a single person is so perfect who can really do every trading in aright time, as some time i also missed the right time for buying and selling bitcoins. |
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I do believe we do must do both, because at crypto world, having some coin might mean we will get a bigger value, with saving, with investment we can grow our bitcoins fast as well risk to loose them.
currently look like that risk is not as mush as the chance of increasing the value of bitcoin in next few months so investment in bitcoin can e proof as a good decision, |
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Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.
giving loan is already illegal and in Islam, you can give loan for free but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you. |
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We can't really say for sure. But look, USD is stable but it is the most popular currency. What can you say about that?
Maybe the same thing could happen to bitcoin.
yes that is a fact that USD is really a stable currency and is one of the most popular currency of the world. so we can say that bitcoin is really going to be one of the most popular currency of the world. |
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Advice, tips, speculation please.
Hold, baby, hold. You already have your investment. Why would you trade your bitcoin for anything??? You can choose what you want to do, you can try to gamble with the Bitcoin that you have but I would not spend to much on gambling because you can lose everything. You can also just wait and sell when the price rises and use the profit ti buy more Bitcoin. Instead of gambling your bitcoins, why not save it while investing in an online casino, I know you know how profitable casinos are and we have a big chances to increase our investment when we put our money their. It needs a little patience of course since the profit is not that fast but at least we know it is profitable. Yeah investing in casino can be profitable in long run and its much better then putting your money directly in gambling as there chances of loosing are higher in compare to winning. but i think every one has not opportunities to invest in casino and the second is that for investment in casino you need a good investment, while you can play gambling even with a little investment. |
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Should you believe into the bitcoiun i dont understand why the bitcoin is that big because lots of peopel are not very interestd into the bitcoin so that makes allot of people not believe in the bitcoin anymore.
i think those people who know about bitcoin are really interested in it, and those people who do not know about it have no interest, so these people really need some good information about bitcoin and hope that will really start taking interest in it. |
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Possibly yes in the near future but not entirely. Fiat I think would still be the main currency in the coming decade or more though I think other currencies would be accepted, especially bitcoin as some countries are already supporting this right now. But for the question if it can actually replace the current monetary system? I don't think I'd be able to see that in my lifetime
I don't think bitcoin will be able to replace money, from the amount itself, bitcoin won't be able to support half of the world wealth, and then for now the transaction speed still become number one problem why some store doesn't want to use bitcoin, so I don't think bitcoin can replace money The number of Bitcoins in circulation is enough. If all the people in the world converts all their fiat into Bitcoin, it will just inflate Bitcoins. Bitcoin doesn't have to be billions in number in order to support the wealth of the world. Actually, even if the number of Bitcoins in circulation is lower, it would still be okay because as more people convert their fiat into Bitcoins, it will just continue increasing its value. i do not think that if all the people of the world will start using bitcoin and it will be enough for all the people, the miners should increase mining bitcoins as that they can fulfill the need of the increasing number of bitcoin users. |
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i think that it is better to save money in order to invest it somewhere that you might lose all your bitcoins
Investment is a high risk activities also but if you don't want any risk then hold your bitcoin till the price increase it is much more better off course to save money than to invest , gambling but you can really make profit from trading you can really maximize minimize your lose there and you have full control on sell status. i think holding bitcoin is also risk, no doubt that all kind of investments are risky but you do not have any other option if you want to make money, ut it is a fact that in all investments holding bitcoin is a little safe investment therefore you should hold bitcoin for a some time to get profit. |
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I may be wrong but I think it is not possible now. It used to be, when bitcoin was worth 200$ or so. At that time if you were a Senior member in a good campaign you could get 0.1 per week. Not anymore, unfortunately. Of course, there are even freelance websites on which you can work and earn btc. However, you have to be a goddamn genious to get hired there IMO.
That's right there were many campaigns in the past that were paying that higher amount on weekly basis to higher rank members but now earning that high seems to be difficult, you can earn it from trading but may be not possible to earn every time. but in present time i there there is not a single campaign that can really give you such amount per week. therefore you can invest your money in alt coins and from there you can make o.1 bitcoin easily.. |
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may be so but there is no official conformation from the government of Russia, as some people think that Russia has banned bitcoin in their country but i think it is also not perfect news to believe on.
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The reason why I have Bitcoin is because it allows me to make some extra money next to my normal job and that is pretty handy if you ask me.
I do not have to do much with Bitcoin besides waiting, that is the only thing that I have to do.
the same reason, because bitcoin provide more money for me compared to my work. even you can get rich faster by bitcoin compared to your work. I am sure of it, because bitcoin has great potential when prices rise higher. but i am not going to compare bitcoin to my day job, although bitcoin is really giving me a good profit but it is not my permanent source of income as no one know that when the price of bitcoin has to start down word flow. |
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