This article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money".
...what other ideas come to mind?
I think that kids that are on school and are good at math its easy to introduce them in the cryptography(if they haven't heard/learned before at school). I think that we should introduce them bitcoin as the new and innovative currency and about the hashes and the encryption we should tell them through the math processes. It should always depends on the age of the kids because there level of comprehension is very important in order to them to understand and to interest bitcoins, for minors, this is not actually good for them to learned because it might cause them a damage in their focus on studies. |
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And once few merchants will start accepting bitcoins the others will start following them, the only important this is to get start off and that will be done sooner or latter.
No it's not like that. There are already few merchants out there in the market and some of them are really popular one but as of now there is only few merchants that are accepting bitcoin. Competition is out of line here as long as bitcoin price always fluctuates, that is the main concern of those big merchants. yeah there is a huge competition in a bitcoin world and it is great, i personally dont spend any of my bitcoins right now as i hold it for the future If you cannot spend your coins at this stage then its better to hold them for future as price will be much higher and we will see many offline stores where we would be able to spend our coins. I think it is not wise to spend our bitcoins now because the price is increasing. The better idea for now if you really need to spend, only spend for your basic needs, and spend your fiat if you are thinking of spending for your needs. |
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Put Ubiquoin on your radar. This is going to be a coin to contend with.
Our ICO is coming up!
Thanks for getting involved, there are really a good number of altcoins nowadays that has a potential in the future. I hope you guys will generate a good amount of investments during the ICO. I might consider putting some amount with your coins on ICO. |
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hi mate. to stay away from gambling means being aware that you're into gambling. and you realized that. and it's a good start. just put the realization into action. thus, first one needs to realize what he/she wants... a check for you. then "act" what you realize. lastly, repeat the first step.
Good perspective being aware means you know the limitations but the real problem to this is that most of the gamblers cant control their emotions when they are in the act but when they can still manage to get thru with it then its good but there would always a time that they can't. Yup, that's true, emotions are really one of our best enemy when it comes in gambling, so if you don't know how to control your emotions well you can definitely lose money. But if you know your limitations enough, you can lessen your loses with this. You only use your emotion if you are just playing for fun but if you are seriously playing for money. You do not use your heart because it will only give you a wrong decision, you move and decision should be properly calculated and should always be depend on your game plan. |
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This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.
The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price. The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it. I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns. That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago. Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk. You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising. Unlike bitcoin, up and down. If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future. Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time. you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses. We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience. Both type of investors are there. Physical gold is heavy and bulky and, despite its history, difficult to transact; payment for goods and services almost always involves the holder converting back to fiat currency. Aside from the physical properties, you could say about Bitcoin, in an increasing number of cases, the merchant that you are dealing with will take Bitcoin directly as payment, this fundamental difference makes bitcoin more convenient than gold. Bitcoin is the best for now because the price is better and the future getting stronger. Only few investors can actually afford to invest with gold because that needs a serious investment but for the risk takers who love to make money, it is only bitcoin that is possible to them. |
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Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?
Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.
Yes i am very inspired, what is the price to quit daytime job? Earn example $4000/month? Well if you are going to earn $4,000 per month then that is a reasonable earning to quit your day time job. Even I if I'm earning that amount stable on bitcoin then I am going to choose bitcoin either. But I can't even think that is it really possible to earn $4,000 per month and maybe you are going to have a lot of source too. Even $2,000 per month would be enough for me, actually my demand is really not that high as I just want to live a simple life away from the city as long as there is an internet connection where I can do my job at anytime. In that way, I have a time to spend with my family as I am just in the house working. $2000 is a good amount to earn and it can take best care of it, and especially if you are from third world country then it can be more then enough to live a luxury life. I think its better to earn in your job with $2000/ month and you have earning in bitcoin about $200 dollar per month, you can save more if that would happen and you will never to quit in your job. That amount is really great if you can earn it possibly, we all dream of having a good job that would pay us well but sometimes we failed to realize our dreams as we are too dependent in our job when we are receiving a good amount. We also need to save and that savings should take care for our investment as it is not good to work until you die, we need to retire young so we can enjoy our life. |
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As long as there are people who measure bitcoin's price with usd, there won't be a mass adoption. Actually we are already in a mass adoption phase. People are using bitcoin to gain more Usd, that is the base problem.
It depends on how to describe mass adoption, for me we are still in the early stage and we have not achieve a massive adoption yet. If massive adoption will be achieve we are not seeing this price only because it will significantly grow substantially IMO. |
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I predict that Houston Rockets will be top 7 in the new season, reason: Thurders lost Kevin Durant, they will hardly go into play-offs. Last season, they was 3rd in western, this season will be out of top 8.
We cannot be sure with that as we still have teams now that has not entered into the playoffs but has a potential to make it this season, like for example the timberwolves, they are expected to make it to the playofss and also even OKC without durant, I am sure westbrook can take his team to the playoffs. |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...  Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, I second the motion, it is not how many or the quantity of bitcoin that you have but the value of it. Maybe 20 years from now, one bitcoin would be enough for your retirement. Or worst we didn't know and hope it will not happen, that bitcoin price will drop and it is not around anymore, anything could happen. Maybe you could buy more bitcoins and try to have some investment like buying golds. Save some money on the bank. Just do not rely that much on bitcoin. Certainly! It would not be based on how many bitcoins should you have but it would depend on how much would be the value of bitcoins for the next 20 years. It may or may not goes up. Better not to focus only on bitcoins as your investment but try some other things like having a job. Buying stocks or having a mutual fund is also nice thing to do to secure your retirement. Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now. |
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of course investing it to trading is the best decision possible right now
I do partly agree with you but upon doing everyday the best thing you need to do is by keep on saving if you have bitcoins you can just do single savings because investing is going to make you some good profit but when it collapse and you don't have savings to support for it. You are just going back to zero if it happens. Our income should be divided into two, we should not only focus on investment alone as that is too risky therefore not advisable, we should make sure we have something to save before we are going into investing otherwise we are risking the whole thing. Saving is an basic necessity, even people who believes in investment also saves some money for the time of emergencies so if investment goes wrong in future we can get support from savings. It is definitely true, saving is a basic necessities nowadays because we do not hold the future, emergencies do happen so we need to prepared for that and we can only to that if we have our savings to take care of such emergency. Yeah in savings you have access to your funds 24/7 which is not possible with investments as if you withdraw your investments before its maturity then you will go through losses. it is, savings is necessary because there are times that we are in desperate need of money, without our savings we cannot do any action to resolve the problem. Savings is not actually a one time activity, rather it is a continuous practice that requires discipline to succeed. |
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yes if we do not have much time to collect bitcoin I think the best way is to invest. so we have a revenue of 'small and safe' from 'big and risky'. you will get steady income if you invest at bitcoin. buying 100bitcoin withdraw 0.1btc permonth. is this steady income in my opinion  Yes if it is your of income try to make the best out of it like investing it to have a steady income. You may want to invest it on different legit sites that gives real income. It is better to have a small and safe one than big then would turn into scam. Sometimes risky investment makes a huge and large profit. But of course it is better to be safe than sorry. If your expertise is on investing then you can always have a steady income doing it and not only steady income but you can also earn big income. Investing is very different is job working for some as in investing you are the one who managed your money and that is more risky than just working with someone so the reward is bigger. |
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It is not always continuous rising, there are time that it goes down. Bitcoin price will never be fixed. I totally agreed that price fluctuations make traders more interesting. Most important thing about it that it still higher if we compare it on past few months of this present year.
But the current price of bitcoins is rising continuously, the price swings are just normal because of the volatility of the coins and that is on the acceptable range, the major fallback that was recently happened is not normal but we were able to recover now and hope it will continue. The bitcoin price will rise in several steps. In August, it will rise to $600. Then it will rise $100 each month. That's good, who told you that anyway?  Anyway, I like to see the price to rise back to $600 this month alone, and in the succeeding months it should be a continuous rise of the price of bitcoins until we rich the price of $1,000 or the all time price of $1,200. That is just speculation, like many other predictions. I also think the price could rise to $1200 some time next year. We do not just speculate here, we also put our money base on our speculation and since we have invested it is just right that we are optimistic with the price of bitcoin in the future as that is the way earn profit, I do believe it will happen but we still need more time and only those who waits will be rewarded. |
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If you are a head of a family then just think about your family before gambling and if you are still single then keep your girlfriend always with you so that she doesnt let you gamble with the money If you're into something prepared for the consequences just like when you gamble remember the important to you. Even you're the head of the family you will forget them once you're really into gambling. That's why gamble alone and don't let others drag be with you, maybe you don't know you're ruining a one's life. That's why if you really want to quit or stay away from your addiction in gambling it is better to think again for many times. What you are going to think? Your family, your son,your daughter, your lives and if you love them you are not going to focus in gambling. And if you know your limitations and priorities you are going to help yourself. As a person, the most important for us is our family, we should always consider them especially when we are already acting weird in gambling that we are going to compromise our relationship with our family, gambling will never give you a good result if you will try your luck to make money to provide your family. |
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i never spend my bitcoins right now
You should spend it sometimes if there is any kind of emergency, and if its not then its better to save it for future to get more benefits from it. Spend only on your needs but prioritize more on savings because in the future the value of bitcoin will appreciate so it is just wise if you are slowly saving for the future, think of the passive income you will earn and do not focus on your wants today. |
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in my country, government does not know nothing about bitcoin or how it works so I believe it is not officially legal nor illegal yet.
there are also few bitcoin traders I can sell to them
are you sure about it? no regulation for digital currency? i think each goverment know about bitcoin, but most of them see bitcoin just for digital asset no more. I think Government views it as an threat to their financial system and that is the reason they are not making any official announcement related to bitcoin. Because they cannot easily control bitcoin unlike the current financial system where they are the one making money. Bitcoin is a unique thing that would give equality regardless of your status in life as long as you know how to do it and able to risk some money for investment or transaction online. |
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there are no easy ways of making profit with bitcoin gambling unfortunately
Yes! and that is the reality, however making profit in gambling is possible but we need to take a bigger risk in order to have that profit. We need to put a decent amount of bankroll and that bankroll would be our only chance to win in gambling so we need to manage that properly. |
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until now there has been significant change. bitcoin price has declined compared to the previous. halving halving no impact and also make the market very panic.
yeah, the price dropped a little bit though i dont think this is going to go like that for a long time, in my opinion the price is going to jump soon I also agree with your prediction that this current price will not last, in the next few days it will totally increase because the demand is increasing and the crisis is already over, the current trend now is a good sign that price will pump soon. |
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My goverment still not interest on bitcoin and hope they can see bitcoin existency around the world that getting being implement by other country.
For example : microsoft decide to use ETH for their project which boost altcoin popularity
We just have to wait mate, bitcoin is not that popular in the world, in due time we can see a massive adoption and that will totally happen in the future. Now, is just an investment time and with the support of the new comers we will create a huge community that would attract the investors to integrate bitcoin as their payment system. |
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Gambling is certainly not for kids but the true meaning of Bitcoin is freedom above all which brings us to reasoning via freedom. We must become better people & explain in touching words what is wrong and what is right to our kids Yes I agree with you that gambling is not really for kids but we are not talking about bitcoin here, kids should not be allow to involved in any gambling related activity. They should be prohibited if they are asking about gambling tell them that gambling is only for big men that has money for gambling. Because it is unusual that a kid is going to gamble. Exactly, because even if kids are very good in gambling but in the long run they will experience the bad streak in gambling and the big problem now is how are they going to manage their emotions in gambling, kids are not matured enough to face the unfavorable situations in gambling. |
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I don't have an opportunity to buy bitcoins, because it's very expencive now, for me is much interesting to earn it by myself in different ways.
Well we always have an opportunity to earn it, and if we can earn it then why to invest money in buying it, try to earn from multiple sources and save it for future. I'm also earning bitcoins and never bought any bitcoins, but these days when price dropped a bit i wish i had some funds so that i could buy some bitcoins which could earn me some profits after some days, but i couldnt afford it. If you are still not ready to buy a bitcoin and trading. Then you can do the way that you now do (finding bitcoin), because if you impose yourself it will not good for you and it will harm you. Enjoy the journey that you are going through and begin plotting your future about travel now. Cause if not then your life will not change Bitcoin is not for everyone in terms of investing because there are people who does not trust bitcoin yet. We cannot force them and we just have to wait for the due time for them to understand it before they adopt, beside bitcoin is not only limited to investing, it could also be use to transact online as a currency. |
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