For me, the biggest problem is the fact that the confirmations are taking too long these days. This can be really bad in some situations.
well yeah to be honest in my opinion it is still too slow, i hope that in the future we will actually be able to make them way faster |
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i have been in bitcoin world for 6 months only. i am newbie  i see that you are a newbie and you promote a cloudmining website, if you dont want to get negative trust you definitely shouldnt do that |
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You need to manage well your earnings the best way to boost your earning is invest in trading it will give you good profit if you have great capital just be careful in altcoin who are not longer exist but they still available in some trading sites.
there is no need to invest into trading especially if you dont have the required experience because it would make you lose a lot of money fast |
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Very unstable price is the main btc problem for me. I would like if btc price only go up  That is not a problem because it is a crypto currency and don't expect that it is going to be a problem because it is one of the characteristic of bitcoin. I think there is no big problem at all as most of the problems are just light and I don't find it very big as it is still giving me convenience as I am using bitcoin daily in my life. Yeah, indeed it is not a problem for us. Because the increase or decrease in prices is bound to happen. from the unstable prices, we can get extraordinary things, especially on decreasing bitcoin. Because when prices drop bitcoin can we get tremendous advantage and can get a bitcoin with larger quantities when prices are high rise bitcoin Yeah exactly thats not the problem. Because currency is not stable, it always change the value everytime. Maybe for me the problem using bitcoin is the trust. But overall i dont see any problem for it though it is not a problem at all, we should look at bitcoins as a currency that is not dependent on dollar, an independent currency |
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banks can not accept bitcoin transactions because banks pays us intrest for using our money and bitcoin do not use our money for anything banks had a owner and bitcoin is open source
Yes there is a huge difference between a bitcoin wallet and a bank and these cannot be compared with each other i think. If i had to choose the i think banks are the much more safer option than that of bitcoin because if something wrong happens we can complain there in person but in wallet we can only send them emails and then just hope for the best. Using bank is a safer option for the reason that your asset's value is as it is while in bitcoin, it may have a chance of increasing in value, I still can not bear the fact that it can also recede in value. banks are not safer options at all, to be honest bitcoin wallets might be even safer if you use it carefully as banks can bankrupt |
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honestly i can not think about living a life with only bitcoin support because i do not earn even 200$-300$ per month i earn like 50$ per month so its really impossible if i even try that type of thing with this or any altcoin
same here :/ and i find it kinda hard to get the the 300$ mark without some heavy investment into btc in the first place :/ Besides a heavy investment someone can also earn that much if he has got some eye-catching skills which can be served to the people to get paid by bitcoins from them... there are already a lot of people earning quite a lot of bitcoins using their skills without any investments. If you are not choosy on what job you will accept for you to earn, then you could really make a big amount of bitcoin, though sometimes it's not yet enough to equal what you earn in real life, it is still a big help... Skills could make you earn a lot, but if you keep on choosing which job to accept, I doubt it if you will earn...There should not be a vacant time during working hours if you are into earning for a living... well yeah working with bitcoins can earn you money though fluctuations would definitely not allow you to have a stable income |
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Right now i am earning close to 0.01btc per weak with my signature campaign but i just dont know what to do with them.I want to grow them and reach a good amount of btc but only collecting will take a long time to reach a good amount.So i start to gamble with them and till now since 3-4 weaks i have lost all my signature campaing earnings.I win at the start but i become greedy and gamble more and then lost them.
So i decided not to gamble with them can any one tell me what are the other options which i can do with my earnings.
Just keep it until the price rise. And stay joining signature campaign and then if you're positions change into hero member or legendary, you will be easier to earning bitcoin. Holding bitcoin is one of kind investment, isn't it? . trading bitcoin is more fair than gambling, isn't it? Earning from signature campaigns are not too high but it can take care of our basic stuffs, the best thing would be to save them and once you reach to a decent level invest those in trading. thats true you will never be able to make a living out of it to be honest because the rates are not that high |
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Good question. Why buy bitcoin. To be honest, if I could have foreseen that in recent years on many bitcoin will go up, I would have spent all their savings on the purchase bitcoin.
Do not trust bitcoin blindly as you never know what will happen with bitcoin in future, and its always better to invest in multiple products to minimize risks in future. yeah i never trust it blindly to be honest because anything might happen to bitcoins price and i might lose a lot of money |
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Stealing can be be illegal because if you are arrested by NBI it means its illegal also bitcoin is money so its illegal to steal bitcoin to others..
of course it is definitely illegal and you cannot steal from the people because you would surely get a lot of trouble with law Stealing could be illegal but it doesn't mean that bitcoin would be illegal, bitcoin is mean money, we use bitcoin and we earn bitcoin in a different ways. In my view, only illegal ways of earning is illegal not bitcoin. it not only could be illegal but it is really illegal and i think that it will never be an allowed thing to do to be honest |
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Boycotting bitcoins? For mad people, i think the main problems, why people starting talking bad about bitcoin is their problems with earnings or something like this.
thats true, then the new people think that bitcoins are bad though i would never turn my back on bitcoins because they are great |
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sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?
Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it. Certainly, and I believe that most users use for these purposes as well. well there are a lot of purposes, my main thing is that i want to make some good profit out of it so i invest into bitcoins |
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I will never spend any bitcoin cause i have none. Bitcoins are meant to be spend. You dont have keep.it for life. You have to spend it in able to recycle the flow of bitcoin. If no one wants to spend their bitcoins. Then the flow will stop and others will surely force to migrate into other cryptocurrency
It should be spent. But in a good way. There are some spenders who just do it and not think about it. But I totally agree with the flow needed by bitcoin and it could also prove that it is not just a stored currency. Only those people safe bitcoins who don't know about any investment or trading, so they decide to safe the bitcoin because it is a easiest way and also no need any hard working, but when they get a good chance to invest the bitcoin, so definitely they will do it. Right people who store bitcoins are the people who do not do other business with bitcoin like trading, gambling and etc. People who earn a little from a signature campaign and from games, may save to have a good profit in future depending on the hike of the price. The price is stable now. lets hope to have a price increase in future. I mine some bitcoins and store most of the bitcoins. But I will also use some to help the circulation. its impressive that you still manage to mine your bitcoins to be honest because the difficulty is really high, how much do you spend on hardware? |
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I agree with you. In an event of no one spending, any Bitcoin the price would stay stable for a long time. Mining would die off as there are no transactions to verify and the blockchain would freeze. Basically, everything would freeze until everyone begins to spend BTC again. thats true, or the price would even go up because people would buy and pump the price up significantly, that would be great |
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Invest in an altcoin and don't gamble it.
altcoins might give you really good profit though you need to be lucky with it, in my opinion you just should hold it all for the future |
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Simply teaching them what btc is and what is involve in achieving it..helping them to see future that awaits them using btc...kids can earn through this suggestion..
thats true, i think that the easiest way for them to earn is to teach children about the faucets and how to earn bitcoins with them |
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I do not enjoy sending my bitcoin because i feel lost, my balance was deducted because i send my bitcoin to others and i do not feel good in that, but i feel good only if i am a receiver that is all.
its a good feeling for me to be honest, because i think then that i have a lot of money that i can spend whenever i want |
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I don't think so....bitcoin is here to stay...
thats true, bitcoin was created as a perfect currency and it just cannot be simply replaced by something else because it is too strong |
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The best way would probably be surveys, Currently you can't really determine the number of users by number of transactions or number of addresses and since nobody is easily linked to a specific address, it would be a pretty slow process.
and it will always be impossible, surveys can be faked by people so it wouldnt be a trusted information source in my opinion |
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i don't spend any in real life as my nerby stores don't accept bitcoins
if you don't spend it in real life why you don't try to hold it until the bitcoin price will increase and you can use it for your future purposes because it will help you alot when you are earning bitcoins or etc you can do trading there a lot of ways to do with your coins just hold it at the moment If he cannot spend it he can anytime sell it and convert it to local currency if he is satisfied with the price, but the best thing is to hold them for future as it will hold more value in future. thats true, though in my opinion it is better not to spend any of your money or convert it and hold it in bitcoins in order to make more money |
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Currently i gamble with my coins and earn good sometimes.
you shouldnt do it, believe me i did a lot of gambling and i only lost a lot of money and nothing else, it would be way better to just save it up |
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