Yes, it is true Bitcoin is eliminating unemployment in most or the countries whether they are developed or undeveloped. Bitcoin is the boon for students they are paying their fees from Bitcoin work.
If you say that it eliminates unemployment, that seems to be quite wrong with the truth because I see very clearly that working with bitcoin is not easy, an unemployed person chooses between doing real work in society and working with bitcoin, few people would choose Bitcoin, Bitcoin do not provide stable income and guarantee for them. And so you should say that Bitcoin can only reduce unemployment but it probably does not reduce too much, that would be more accurate, unemployment is one thing can not be removed in this society Look at this forum, there are many members want to get money from campaigns, especially bounty campaign on this forum. But the ranking system of Bitcointalk is one of the biggest problem for newbie at the moment. It means a new member can take one year to have a good account like Sr.Member or at least Full Member to joining bounty campaign. Because get merit from others is so hard! So, how to reduce the unemployment? Bitcoin is also just a cryptocurrency, it does not give anyone chance to have money from working. |
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
Selling bitcoin during the growing trend is a huge opportunity loss. However, there's more than one right thing so it would be wrong to say for certain. It depends on the situation. If you are going to hold bitcoin even when it has reached your target but since greed has overpowered your senses, you are going to lose in this case because it takes a second to enter dip for virtual coins. Similarly selling off when the market or bitcoin is facing harsh dump is the worst thing that you could veer do to yourself and your money. Panic selling is the biggest mistake with bitcoin. We all have different perceptions and strategies in our life, so if we found out that this is the right time to sell bitcoin because we have seen opportunity on it. Selling bitcoin does not mean that you loss but because you found out an opportunity and you need the fund for you to invest in some other things and maximize it. As long as we sell bitcoin at a price that gives us a reasonable profit, that will not be an opportunity loss, the chance of loss is when we sell the bitcoin at a price that we are not satisfied, at a price lower than the price we bought. So what exactly can be said here just that we sell bitcoin is a regret, because we were selling Bitcoin too soon or too late, although we profit but we have overlooked a bigger profit, however, this is the market, we can not know the future, so we should become familiar with regret Before sell your Bitcoin, you have to accept that price you feel enough to sell and get profit from your investment. You can not regret if the price of Bitcoin increases more, because it is just the greed of investor and whom still keep that thought will become the loser soon. |
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Bitcoin has been proven to make many rich and successful people, after they succeed most of them also create new business so they also hire people, with this automatically reduce unemployment, if one day many countries legalize bitcoin, the more the benefits of bitcoin and the ultimate goal of course is reducing poverty.
Well, that is the story of whom sold Bitcoin at high price. But, the fact, I have many friends from the rich became the poor just because invested in Bitcoin at $20,000-$15,000. No knowledge, no experience, they despite my advice, alert to buy Bitcoin at high price. And current, they lost huge amounts of money up to millions of dollars  . |
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now this bitcoin has a lot to use as a place of investment
but I want bitcoin as a front investment who have done it
let's share with me how to invest with bitcoin for the future
As of now we're keep doing our best to invest our bitcoin wirh the highest expactation of our profit that will bring us to the opprtunity to make another strategy for investing for rhe bether future. For all those who are working in some of the offices in their respective countries like me, I have got something for you here and that is to invest in the bitcoin right now and forget about your wallet. Just get busy in your work and just check the wallet fortnightly. Don’t disturb the wallet until the bitcoin reaches to the limit of $30k and this is going to happen in 2018. This profit would at least give you the satisfaction for all the time you had your money invested. No, you can not put your money just because your prediction can be true someday. Nothing guarantee the price of Bitcoin will be $30,000 in this year. Because, according to my experience, Bitcoin still has a long time to recover $20,000. It can takes to next year to recover old highest price and create bullish trend again. |
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For me, just portion of your bitcoin may ready to sell, what if you don’t have money and you have an emergency that you need money! Where do you get the money in the case of that? We all know that we want to make our coins double or even triple, hold for a long time to have huge money that we can use for future dreams. Traders sell their coins, right
For me, we must not sell our bitcoin right now. In the meantime, bitcoin value is so low. Bitcoin will be at 1500 USD once more if this hit the value predictable then sell and wait for the value. For the future price increase once more. This the fundamental needs to make profits. Bitcoin is a currency. We need currency to purchase foods, pay bills. Bitcoin as currency must be used it if you don’t need additional fiat I do not understand what do you mean, you said we must not sell our Bitcoin right now, but you also said the price of Bitcoin can be $1500 again someday, this price agaist what thing you said at begin. And in my opinion, currently, Bitcoin is not a currency, it is an asset. |
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Yes we should not trust banks they are the biggest scam ever in the history and i doubt that they are trying to create a token for their consumers and put a tax on it. bitcoin will change the life of people.
Bitcoin can disrupt bank bussiness. With low fee transaction and fast transfer, it will beat bank bussiness. Thats why many central bank around the world hate about bitcoin and cryptocurrency market. I am believe that bank will get involve in cryptocurrency market and they will take profits from market like goldman sachs did buying exchanger Actually in the last year, there are many cases about the bank have some activities on the cryptocurrency market. Even, some government officials have take advantage the fud to effect the cryptocurrency market (Korean government). Therefore, I think we should not put all trust for the bank, because sometimes, they still want to "earn" our money. |
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Yes it is absolutely right because being a positive thinking nonly brings positive things but also gives you positive reactions or moves that you will going to make in yourself.
Having a solution-oriented attitude brings superior results faster. Negative thoughts clutter our minds and use the same mental real estate the positive ones do, even though they do not have the same importance. Positivity is certainly what it takes to live a meaningful life. If you think positively amidst some adversities, you'll get through various challenges successfully. So, I agree that positive thinking brings positive results. Sometimes, the life does not give you positive results for you even you have many positive about your "investment" (remember "investment"). For a patient, thinking better about the life can help that patient health recovery, but for investment, it just happens when your decision is right.  You have a lot of confidence, have a positive thinking about your investment, it just helps your mood better. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
There are a lot of people that are getting rich with the help of bitcoins because here are a lotnof ways in order to gain money here especially in this site and we all know that the bitcoin is a great investment thst is why a lot of people get rich because of bitcoins because some of them buy bitcoins in a lower price then sell it when it pumps ulinto the market. So this can really can change your life financially just make the most out of it. It is also meaning there are many people are getting more losses instead of become the rich, because the nature of market is transfer money from trader to trader. If you buy at low price and sell at high price, then go out and enjoy your profit, at same time, someone is keeping your Bitcoin sold to this person with the loss if the price fall down. |
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Since every coin I sell always pumps days after, I only sell 10%-30% then if it pumps I sell more up to 50% then reinvest 25% of the proceed and keep the other 20% in fiat and wait for correction of the coin I sold. This has always worked.
The best strategy is that whenever you invest the capital, always try to recover it as soon as possible because it will keep haunting you and there will be a fear of loss in your mind. So try to get back that capital with calculated and thoughtful moves, after that you can rely on the different techniques and get the profit of your own choice. Another thing is that do not invest all of the capital in one currency, but try to get more currencies. As you said, when you investing money into something, you always have loss and you must recover your funds to help your mind be calm again. If I am an investor, I never continue to investing to get more stress like this, because do that do not help me get any benefit. |
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Hi bounty manager, I added signature and personal text, avatar. I will update later because Bitcointalk has error to update new avatar when I change from other campaigns, sorry for this problem  |
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This already happened couple of years ago , bitcoin had lost big value on the market.
Yes, might go down and back again to zero( figuratively speaking ) because it has high volatility then if it can increase pretty fast it can also decrease as much too. It is affected by the demand and supply , so if the people will lose interest on this it will drop i guess.
I checked the Bitcoin price and I also knew the time Bitcoin price dropped from $1,300 to $100 in a long time. The most frightening thing here is not the swiftness of it, that goes on quietly and makes investors unimaginable. And finally, those who are still hold Bitcoin from high price are the trader lost many money. |
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Can you really be sure you will profit unless you have insider info?
Trading is an arts and science. If you are only guessing then most probably you lost lots of money already in Crypto. If you will only devote yourself in trading then chances of good trades also improve. I suppose we can affirm even that trading now has become both some mixture of art and science even. Good trader is also a good psychologist. Haha, it is so fun but it is not wrong. For the current market, those who can not keep calm will be the loser and only the trader has cold head can be the winner in this field. Most of the loser and the panic seller and the trader lost money by FOMO, FUD. Of course, the traders have profit are the trader can keep their opinion anytime, any case. |
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I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past.
But after the last dip i know it's better to buy more instead of selling.
You're right, there will be a time that we will need money and the last choice we have is to sell our coins. I guess that in inevitable. But selling just because the price is going down isn't reasonable, because you know that what you're holding has far more potential and if you're going to sell it you'll lose profit. But as long as there is a reasonable reason why you're selling your coin it will always be your choice. The reason why people not to sell their bitcoins because the prices is on dumps. The best way in order to gain huge money is to keep holding and wait the best time to sell your bitcoins. If the time will come ,and the prices is pumps well thats the good way to sell those bitcoins. The price of Bitcoin are recovering after dropped to $6,000. I predict the price of Bitcoin will recover to $12,000 and need to test many times + resistance price before decide to continue its bearish trend or bounce and changes the trending to open new cycle. |
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Of course it absolutely possible, the first thing need to do is the country doesn't ban bicoin, furthermore if the government can easily work together with bitcoiners. Well, thats just my perception and I hope it'will happens in my country. Actually we can do better if this happens.
Yes I agree. Bitcoin can improves the economy of a country. Like you said if they will not ban bitcoin and let people use bitcoin. Many people will benefit from bitcoin and will have a good life. Because of this, there would be less people who will have no job or source of income. I do not know what is the job Bitcoin can give us? Because Bitcoin is only a currency, a new payment method for the world and we are just working some task on this forum and receive salary through Bitcoin or Altcoin. You can not say these jobs are the Bitcoin's job, IMO. |
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I will sell if I know I have a profit at least money return and then mining again then save money again. but now im on trading mostly people this is the easiest way to earn money
In my opinion, mining coins is a risk job and when we have coin from mining, we must to calculate the profit/loss careful before decide to sell or hold. Sometimes, which coin you are mining can increases to the moon easily, it is the truth  . |
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Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.
things like this are just a hoax and will never happen, there will be many people who disagree if Bitcoin replaces the currency of our respective country I agree with you, we don't need a replacement for our fiat currencies in our respective country because they are working very well and i think that there is no reason for them to get replaced. The cryptocurrencies like bitcoin is serving as a tool for us to have something to use in order to grow our money and also improve our way of doing things like transferring money. Currently, I just interesting the cryptocurrency technology instead of the value of cryptocurrency. For the growth of the world, we need to focus into the blockchain technology and other technology like Smart contract of Ethereum or the ability to transfer money quickly of Ripple and anonymously of Monero, etc. |
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Which of the Bitcoin wallets between the Online and Offline works best?
I think offline wallet works better than online wallet. I have a friend who is using offline wallet and my friend is very happy about their security. The seller will give us a usb and our money will be stored in that usb. When we want to trade, use usb and turn it off immediately after the transaction. That will make the hackers unable to access your wallet. You do not need to buy any USB like that, if someone tell you that usb is the best choice, that person is lying because you can create this usb from a usb normal without much money to buy an "offline wallet" like you said. A hard disk to store private key without internet, it is very simple . |
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No, it won't.
If anything the IRS is going to be making more money on Tax Evasion fines with the way people around here just choose to not report anything to them.
For small amounts, sure, you might get away with it, but if you are making tens of thousands of dollars "vanish" by hiding it this way, you're probably going to find out the hard way.
Remember, you gotta have Fiat to buy it first, and that Fiat is probably sitting in a bank somewhere.
Good luck to all of you who choose to try to do this and think you're pulling one over on them. The same thing happened with offshore accounts. They found a way, and they nailed people to the wall who did it.
Except more people will work for bitcoins then will be buying from centralized exchanges in the future. The collapse of centralized exchanges will be the beginning of a bitcoin economy. However, I do not know any real decentralized exchange at current. EtherDelta or IDEX are the decentralized exchange, but I do not think these exchange are real decentralized exchange because the user still need to deposit to their contract + import private key if want to deposit token from our address, they can know our private key through this platform. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. Most of what you said is true and I really like what bitcoin is giving its users, but the one that you said (no fees), trading sites are just overflowing with fees, and last december is the highest transfer fee that I have ever seen, traders are actually shoked by the fast increasing rates of fees, because along with the increase of butcoins value, is the increase in rate of transfer fees. Well, bitcoin is better than cash in terms of profit that we get in a short period of time but still i cannot used it out without the real money because the fact is that there are still few establishment that accepts bitcoin directly as payment for goods and services for every purchase. Real money is the outside world for the crypto currency as we all convert it into our real local money in order to use it in our daily expenses. But still time awaits for the full execution of digital currency maybe not now but in the next generations. Beside that, the transaction fees of Bitcoin is not good for small transaction. In my country, you need to spend 10-20 dollars for the transaction fees to pay a a light meal while you only need to pay same amount for that meal.  |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Everyone has the different opinions on the coin they are holding and there are also different ways to keep your coins safely but for me, i prefer to hold my coins using an online wallet because i did not get any problem on it and most of the professional traders prefer to use it. But for those who have huge funds or devs, they can not choose a centralized wallet like online wallet. No service can guarantee your funds will never lose by hacker. Remember, CoinCheck lost $530 Million in NEM coin, it alert the holder should choose desktop or hardware wallet to store coin for long time. |
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