I am satisfied with my salary and receiving in real fiat is much better than bitcoin because bitcoin is not stable and its complicated to exchange into fiat i always go to remittance center or bank before i get my salary i do not like that.
yeah there are many reasons why a lot of people seem to choose to prefer receiving salaries in fiat rather than in bitcoin, of course the main reason is to use fiat easier for spending, and fluctuations will be a bad effect also maybe The only reason behind people not willing to accept their salary in bitcoin is that price is not stable and due to that you can never expect stable income on monthly basis which is very risky. That's true because there's no problem on how to cash out our bitcoins as anytime we can cash it out, the price volatility is the main problem for those who does not want to take the risk on bitcoin, sometimes it will increase its value and sometimes lower. |
|
|
|
i am not put all my money into bitcoin because its not good for me. i am using my money for my daily life too, and if i put all my money, then i can continue my life, even if i make profit in bitcoin, its need time to withdraw it into cash.
Very true, putting all of your money into bitcoin is too risky and would really hard to do especially when you need money for everyday living. And if you intend to put it into bitcoin you would surely still withdraw those money to convert it to cash hence you are needing badly money to survive. Only invest what you can afford to lose as they say, therefore me I am not putting all my money in bitcoin although I am earning bitcoin regularly, I still believe that there is a chance bitcoin might disappear and investing in bitcoin is a complete risk. |
|
|
|
I am expecting a decent gain by holding my bitcoin. 2017 will brings it's share of surprises and we will have to wait for it. We cannot say that the price will only get higher because "anything" can happen and by saying "anything", bad or good things can happen and it will have it's effect on the price of bitcoin.
Well that goes for both of us bro. This year's been pretty good even for those like who just started this year and i have high hopes for 2017 to at least be as productive as 2016 if not more  No, I want 2017 to be more productive compared to this year, I know most of us here guys are expecting the value of our investment will significantly grow in the future, but that would only happen if the value of bitcoin will significantly increase. |
|
|
|
yes there is no doubt about this that loans are too risky so you should be careful when taking loan as there is always a chance of loosing bitcoins if he price fell down so try not to buy or do trading on loans as you will then not be able to return it back.
what is the risk in taking a loan  the risk lies for the individual giving out the loan ,doing trade and gambling with loaned amount is a very risky thing as you never know when you are going to loose everything,bitcoin and price really never matter if you are not looking for a profit every month. Maybe he is afraid that he might be tempted that he will not be able to repay his loan due to lack of control in the lending operation, even if you get a loan easily but you cannot consider it as a free as that is a sin not to repay loans and just take the money of others illegally. That is true. Most people cannot control their mood and not very displined, it is better not to borrow. It does not always depend on the nature of man. There are also all kinds of life circumstances. Can someone get sick - then they need money very urgently Definitely true, emergencies can happen into our lives and when we are talking of our health that problem is urgent and needs to be attend the soonest, so under the situation we are in need of money and if we do not have one that is when we have to borrow money to solve the problem. |
|
|
|
I think many will oppose from what they are used to, banning a paper money will be a big question from my country and maybe from the whole world.
i think that paper money is going to be around for some time and I also do think that it is going to be different per country because not every country could afford to make everything digital. I am sure that hackers are going to love the sound of making everything digital in the future. Yeah, every country has its own problems and i think they still dont even think of changing the paper money. Here on our country its not even a problem because bitcoin here is not a hot topic, the topic here is all bout drugs and killings..haha Hackers really is partner of this one. Being careful is one of the ways to make your bitcoin safe. Yeah i think we are came from same country that government fighting for drugs, bitcoin in our country is not hot topic but there are many people using it and if you want to see go to our local thread you analyse how many people using bitcoin and our paper money will not replace since not all people are aware in using bitcoin. Bitcoin is not yet strong enough to replace paper money. About Nei knows even a few people, but of paper money all know. It will take a lot of time for people to change their way of thinking. Bitcoin - this alternative currency What strong are we talking here? Not even in the future, bitcoin is just dependent on bitcoin and if paper money will be gone, bitcoin will not be the the only option to replace paper money, the government can make any means for transaction and it will be ensured that it will be monitored by them still. |
|
|
|
if we look at to the present situation of the market we can say that it really good time to sell every thing for bitcoin to buy but i think we must not do so we should invest such amount of fiat currency that we can bear to lose.
What are you saying that it is really a good time to sell everything for bitcoin to buy? Are you saying that it is good time to sell? I won't say that today is a good time to sell because we can expect more in the future and the price of bitcoin is going to keep on increasing so you don't have to sell it today just be patient for it. If you have no emergency like you really need to cash out your investment now then don't wait for a longer period of time for better result our investment will appreciate its value overtime so we need to have the right patience to be able to gain more income. |
|
|
|
It obviously is. Gold will be here forever, Bitcoin.. I don't think so. Gold price will go up 100% sure because it's rare and people are looking for it. When we'll be more people on this world and the population will increase, gold will be harder to find. That means higher price.
I don't think that gold prices can touch the moon in future, it will go high but upto a certain extent and remain stable at that point but bitcoin can go higher beyond our imagination as there is no limit of high price in it. What do you mean to the moon, gold continuous increasing its value even little by little but continuous while bitcoin for me i do not like the value of bitcoin will be more higher like no people can afford to invest because investor are looking with lower price before to invest. Good for those who has a good amount of investment as they can invest with gold getting the low risk but for people who are risk takers bitcoin is the hot investment as we can also make good profit if the value will continue to increase. |
|
|
|
If you miss the ICONOMI ICO, its best to buy it when its finally released. People are trying to get their hands on it because who wouldn't want dividends? Its definitely one of the best coin worth buying.
I have seen people promoting the ICONOMI ICO but I doubt if they only receive the pay for promoting but did not investment in ICONOMI, it is just one of the greatest coin in the cryto world but it is still to early to say that it would succeed but based on my evaluation it has a potential. |
|
|
|
Why never selling youre bitcoins i dont understand why people are holding the coins for almost for ever ant that is not what you need to do with the bitcoin you know lots of peole
dont think that is the thing.
The topic itself has no sense as there is no sense of holding your bitcoin when you will not sell it. But it was understood along the discussion that we need to sell our bitcoins and will only do that at the right time that we see already that we will be making profit. |
|
|
|
Go out and look for a job because I can guarantee you that Bitcoin is never going to give you a steady income because it just does not work that way and never will.
With a job you make sure that you will earn money and doing Bitcoin as an extra is way better.
yeah I agree. the best way for now would be to get a stable job because relying on bitcoin won't secure earnings for you unless you have a very large capital which normal people doesn't normally possess. Yeah and if you are looking for steady income then that can be done only with a day job as price volatility in bitcoin will never help you in getting steady income from it and it will vary every time. Well, it is by having a job you can make a steady income, and I think it is the only way to have a steady income. if you want to earn a steady income with bitcoin, it will be very difficult, because bitcoin is the business, and the business will generate revenue that you will always be different, so if you want to earn extra income, then you need to find a job You can not make steady income here in bitcoin since bitcoin value is volatile, correct regular job will gives you steady income and also to have business and it will helps you to get rich if your business will be successful. So the formula is working in regular job + make business + make income in Bitcoin world. This formula seem so perfect. Just need consistency because it will be tiring and sometimes boring. That formula would only work if you are starting but overtime you need to adjust that as it is presume that overtime you will improve your way of money making method, bear in mind that we are getting older overtime and our physical strength will depreciate but our mental capacity should be sharpen. |
|
|
|
A little of both. You can save money and invest part of it to make sure you get some profit too. Investing all your money in something can be a mistake because you never know when it goes the way you don't want it to.
We do know because that will happen in the future but we can predict it and our prediction should be realistically based on the present situation and what I saw is that we have a good future base on the trend so I am also confident to put my money as investment. |
|
|
|
By the year 2017 there is no special event similar to halving, so only the gradual increase in price of bitcoin needs to make it a year of bitcoin. This can be predicted by this year end price rise. Also adoption of bitcoin makes some impact upon the price movement.
New investments mean more resources needed, so there is going to be the need of money to buy the necessary rigs or the miners will make no profit. The price NEEDS to increase if we want Bitcoin to succeed. I cannot afford to build a profitable mining business so I would not touch that as part of my business goal, I am more on participating the market movement in an risky way through trading as that is what I started for, in addition I also invest because another year would come that is going to be great again for bitcoin. |
|
|
|
I plan to convert it to fiat and just use it to buy whatever I like. I really hope businesses will accept Bitcoins in my country in the near future There's no definite time to determine it but we can do a better job by continuing to support bitcoin so its adoption rate will increase and we will be able to see big business in the future that will adopt with bitcoin as well due to the market opportunity of making profit from the members. |
|
|
|
Anytime it can disappear. Due to the fact that it is leaving in its online state it will be hard to predict whether it will stay or not. If internet will be forever then it might. But there are things that can make it stop. One example is a world war.
Nothing is assured with bitcoin, so as the above mate's quote anytime can disappear but as he mentioned over the years to come and in the future internet won't go down and get collapsed even if world war takes place. The reason is that very few countries involve directly and indirectly into the wa, most other countries stay neutral. So the internet problem occurs in very few countries but our bitcoin usage is found worldwide. Therefore we just have to enjoy what we have now and bitcoin is giving us an opportunity to invest, it could be for short term and long term as long as we know how to do the right approach to minimize the risk, everything will be fine even if it will disappear in the future. |
|
|
|
about bitcoin i am just going to hold my bitcoin and not to invest it any where as the price of bitcoin is expecting to be raise to a high level therefore to me the best option is to hold it and not to waste the time in investing money any where else.
For me i do multiple investment to lessen the risk i have, then my investment is more on site that i can do sports betting all my earnings roll over that is why i earn a lot of bitcoin every time i bet my money. That's what you call diversification of your investment, people do invest because they want to earn fast and big money from their investment but always remember to gauge the risk of your investment as not all ventures are meant to be successful, we are the only one who dictates the outcome of your investment. |
|
|
|
to me bitcoin cannot make banks disappear as in present time as majority of the people do not know about bitocin therefore it is not good to say that bitcoin can disappear banks.
It is really impossible if we are going to talk about this because the government is not going to allow this to happen and bitcoin does a very unstable price so they are not going to entrust the banking system in bitcoin and people needs bank even though bitcoin is going to give us good service and convenience upon using it. Very true, government wont let this thing to happen because fiat is one of the foundations of the economy of a certain country. No matter how bitcoin would be succesful in the future but still it wont have a chance against fiat and banks would still remain. As long as there is a big majority that uses banks, there will be banks. Bitcoin is too unstable with the price to be making any huge impact, that same unstable price is the main reason of some businesses not to implement it as a payment option. In short it cannot replace bank as we are just using an alternative currency a not regulated one. Bank is the major entity that creates money and control the total money in the circulation and we are dependent with bank in every transaction we will do. |
|
|
|
Since i start here in bitcoin i spend my bitcoin by exchanging into fiat every week because i need money to buy milk to my son that is why i am happy that i have bitcoin as other source of income.
What a responsible father I am witnessing here, I also have children and I make them as my inspiration to work hard since I want to provide the best of them, good for you that you have found bitcoin as somehow in can help you with your finances. |
|
|
|
At the moment I'm only earning Bitcoins from the signature campaign. It is not very much but is stil something. But I'm looking for other ways how to eaen some coins so your way also sounds interesting. Trading is another good way for earning Bitcoins but at the moment don't have the funds for this.
So am i also, for now im only earning through posting from signature campaigns. It's only low bitcoin i received but its okay, as long as i have trust that maybe soon, that it will rise as high as a tower. At this moment, im also looking some ways on how to earn some bitcoins fast. But for now i would only focus in my signature campaign. It could be a small amount but as long as it is consistent you will be able to save a accumulate it into a bigger amount, if you have a day job work the better as you do not need to spend your earnings in bitcoin, you just have to save it and invest for your future. |
|
|
|
QUit from real job and focus to bitcoin is not a simple plan. we must ready for any chase, maybe our way to earn bitcoin will be closed. or the mining not profitable again, and the hardest or difficulty to earning bitcoin is increase to much.
Don't quit if you are not a ready yet as life here in bitcoin world is not as easy as it seem, having our job is very important as it will provide for our daily expenses and will take care the future of our family, I presume that those who are already here working online are those people who have save enough money already. |
|
|
|
According to answer by some members here i saw that its more vote in 22% of users of bitcoin in earth are using bitcoin..
I think 10% of the population of the earth are using bitcoin.
10 percent is possible. To think that 2020 is four years from now, I am optimistic that we can reach that percentage. If not, its nearing to that number as we know, more and more sites are offering bitcoin and even big companies are adopting it. You are too optimistic, imagine what would be the price then. If that will happen then I will be a millionaire at an early age. I believe it would not because that is just four years and the adoption rate is not that fast. If 10% of the world populartion own bitcoin. That is 700 million people. Each can own only 0.03 bitcoin. If that 0.03 bitcoin is 1000 dollar, that is 30,000 each. I don't think that it is going to happen that the 10% of worlds population will able to use bitcoin and adopt on 2020. For the possible number would be 1%-5% only but if the big companies who are being used by majority people are going to endorse and adopt bitcoin. Then that is going to be possible to 8%. I actually do not believe we are that big as a total users of bitcoin, however if time will surprise us that it will increase that fast I would not complain because I want to question the growth, instead I will just be happy that the price have increase and my investment will profit. |
|
|
|
|
Show Posts
