i am not buying bitcoin but i got bitcoin from faucet, and until now, i make money from trading and i am withdraw some of my bitcoin. for buying product from internet, i think i am buying electricity voucher for my house.
I think you should stop wasting your time on faucets as you will be earning too low from it and that time you should put in trading from where you can earn higher income. |
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I am spending them on trading sites and for mobile top ups that are the only places at a moment where I can spend them and I also believe in saving them for future so that I can make good money from it.
if you life in newyork you will find more place to spend your bitcoin, or you can visit my country, bali is the island of bitcoin adoption, you can use http://bitislands.com/ to see more merchand in bali  Wow that's great to see that you have many merchants in your country that accepts bitcoin as a mode of payment and I really wish that I can visit your country some day so that I can also have a experience of spending them in real life. |
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I will prefer to do both as both are important in our lives, investment will allow me to grow my money in long run and give good profits on my investment and saving will take care of my day to day expenses.
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Investing your bitcoins is always a good idea i dont think there are many people who dont think like this because investing bitcoins is always great idea to make nice money.
Investment can give us good profits in future if we invest them at a right place but at a moment its very difficult to find any legit site whom we can trust to invest our bitcoins. |
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I do not spend any bitcoins in my real life now due to the fact that its not possible and that there are a lot of things that can go wrong right now.
There are at first no shops in my nearby area too..
That is the most common problem of each and every user that they don't find any place to spend their coins so in that case the options left for us are either convert it to fiat or simply save them for future. |
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In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.
if someone want only to save their money and do not care for any profit from gold then they can put their money in gold while if someone want to get the profit then they have to invest in bitcoin as it is only bitcoin which give much higher profit by investing in it. i agree with your points but still it is compulsory that you stay alert with your invested money in gold or bitcoin because some issues occur which make the price of any asset to drop down and those who stay ignorant with their assets often do not prevent their money from lose. Even if the price of gold drops in a short term you should not worry about it as it will surely give you benefits in long run, but if you want to make quick profits then you should invest only in bitcoins. |
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We will never know what the price of the bitcoin will do so we wont know what the future will bring for us and the bitcoin do you all really think that some time the bitcoin is going to die?
Yes if no one is using Bitcoin again or there altcoin beats trend Bitcoin as cryptocurrency or there are new technologies are more 'modern' than cryptocurrency People will stop using bitcoin only if they find some better coin then bitcoin and for that to happen I think it will take long time and till that point we would have made enough money from bitcoins. |
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The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.
I hope what you predict is correct. I do hope to see Bitcoin being mainstreamed. I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.
I agree. I will go with the majority since the original and the XT version is somewhat similar. I will have to consider if there's another forks. I do not think that 2016 is going to be the year of the Bitcoin because this year has not been much for us, only if the Bitcoin is going rise again then maybe. I think that 2017 is going to be the year of the Bitcoin in the end. There was some excitement in this year before the halving when price crossed $750 level and everyone was hoping that it will touch $1k at halving but unfortunately it didn't happen so lets hope that milestone will be achieved in next year. |
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Before bitcoin there were no easy way of earning other than freelance sites. PTC/GPT sites are paying $0.001 (please note NOT in bitcoin). But with bitcoin faucets we are able to earn $0.002 at least double the money for the same efforts. For an online worker, bitcoin might have brought many changes to affect his life in positive way.
Creating many easy ways to earn money must be one of very big revolution brought by bitcoin. But, I believe we are not innovating many new methods to change our life other than signature campaigns. Bitcoin has all the potential to affect our life but only if we save it for long haul. Bitcoin must a game changer, before bitcoin system really I do not have any saving but only after started saving bitcoin, I'm able to save some money for my emergency needs. Bitcoin innovates many new business so that you are getting many earning opportunities, with those opportunities, I'm glad because I'm able to save some money for my future. Yeah bitcoin is allowing us to earn extra money and as we have day job which is taking care of our basic expenses so earning from bitcoin can be saved for the future as it will be more valuable when price goes higher in future. |
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Why do you need to tell your girlfriend about the bitcoin i dont see the point she is only taking your money to the shop to buy clothes maybe she is going to do it with the bitcoin lol
Exactly and that is a reality and I am facing same issue at a moment she is using my bitcoins for shopping and not even bother to ask me how I am getting those coins. |
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The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow? State why you prefer your option. Exactly i chose bitcoin for its price volatility. Price of bitcoin may go lower, but i believe it will bounce back in the long run. so i wish to test my luck in dealing with bitcoins. There are many other factors like low fees, anonymity, fast transfer, etc... which blinds me about volatile of bitcoin price. Yeah even I will choose to go with bitcoin as even by saving our bitcoins we would be able to grow our money if price goes higher in future and inflation will never help you to grow your fiat money. |
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If bitcoin is going to dead tomorrow, then i will quit crypto currencies workd, because if a big crypto likes bitcoin can die, then the rest will follow, what for i collect the coins but before i enjoy the result in the future the coin already expired, i better moved my investment to gold
If bitcoin ever dies in future then people will prefer to switch to some other investments from where they can make good profits, or may be we see some new coin which may replace bitcoin in future. |
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why not? if you can get earn a lot of bitcoin
If I can get bitcoin 0.2 or 0.3 everyweek, I can do that to go full time on bitcoin and make a living with bitcoin.
0.2btc not a large amount of income for a week because one days you will get into trouble if leaving a job to work full time in bitcoin. Yeah .2 btc every week is not enough because in full time job you can collect a constant salary every month but in case of bitcoin, it's price fluctuate and sometime price decrease and sometime increase so you will have to face these problems if you quit your full day job for bitcoin. So don't try to do this do this as a part time and get profit from bitcoin. 0.2/week of it enough for the necessities of life in my country. in fact, it could exceed the salary of the job is real. means 0.8/month really worth to life in my country. But if you live in Europe, with the cost of living is expensive, of course it will not be enough. It won't be enough in first world country but it can be more then enough in third world countries where the cost of living is not too high and he can manage to live comfortable life with that amount. |
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Buying bitcoins on the right time is really difficult becuase you wont know when the price is at his lowest and other wise the price rising. So it will always be a risk to buy bitcoins but right now you wont buy.
It is not difficult, you just keep in touch with bitcoin market, If you remain in touch with bitcoin then you are able to predict when is the right time to buy bitcoins. And now is the right time of buying coins because people predicted that price will increase in future definitely so buy coins and hold till the price increase. In my own opinion, when it comes to bitcoin, every time is the best time because ever since I started following the trend, it has always been if I had known I would have bought it then and even by next week I would still say samething if I had known I would have bought this week. Just be ready to do it and wait for the returns to come in... All the time is the best time... Yes and if you can manage to hold for at least next 1 year the you can buy them at any price as price will surely go higher in that time frame and that we have experienced this year before the halving. |
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I think, invest money better than save money because we invest, then money we will continue to grow. therefore, that reason I choose to invest. with US invest we will prepare our future
Investing money is good but we cannot ignore the risk factor attached with it so before investing we need to do proper homework to where to invest our money and always ready with backup in case if your investment fails. |
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yes i invested my wealth into bitcoin, this is my first priority when i joined into bitcoin community, i think crypto currencies have a great future and will be a great investment for future, but sometimes i also used bitcoin to purchase things online, i also bought game using bitcoin and pay some bills using bitcoin
If we have bitcoins then we need to spend them too, as it will help the economy in positive way and the circulation of coins will make it more better and stronger currency in future. |
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10 btc is a good amount to have and many things can be done with it, I will invest 2 btc in altcoin trading and let my money work for me and if price goes higher then will sell 8 btc and convert to fiat.
I will not sell any single mBTC also as I am believing in future of bitcoin, I prefer to keep all the 10 bitcoins in cold storage till I get requirement. Earning bitcoin or getting bitcoin for free is too hard now a days, so once I get chances to have 10 bitcoins, I will not miss the chances of securing my future. Saving them for a long term is a good thing but the only issue is we don't know what price it will hold in future and if price falls in future then our saving can go in vain. We should consider that as savings but as investment because if you will consider that as investment you will only invest what you can afford to lose, we are just hoping that our prediction will happen in the future and if so we will make profit, but if the other way around will happen then we lose, therefore it is just right to lose that amount we can afford so it would be easy for us to move on. Yeah its better not to put all your money only in bitcoins as there is no assurity that it will hold higher price in future but lets hope that everything goes smooth with bitcoin which will allow us to make good profits. |
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I'm not having a real plan to get rich with the bitcoin but what I hope is to make a lot of money with it in the future.
I just hold it right now and hope the bitcoin will go to a higher amount soon or later it has to happen.
We don't know what future holds for us, so without thinking much we should concentrate in present and try to collect as much as we can and if everything goes in our favor in future then it can surely make us rich. |
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I suggest you forget that idea, Doubling is a very dangerous word because whenever it's used with bitcoin "or with money generally" big risks on invested money are to follow, from risky gambling to fake investments and HYIP's. Slow and steady wins the race IMO.
I don't think he should forget it because he can start his business and earn money from it then he can double or triple of the current bitcoins he's having. I think doubles is always associated with a second of it, but actually you could double without the need to use hyip or ponzi but the time spent will certainly be longer. because the risk will be smaller if you're using a ponzi or hyip course of time used to use it will be faster but the risk is very high Hyips will never double your coins in fact they will take away all your investment from you which will result in huge loss, so if you are looking to double your coins then you can risk them by investing in trading. |
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i will sell my bitcoin and withdraw it into my bank account and i can be a new rich man in my city  after that, i will buy some product to fill in my house and i want to buy new house but its need take times for more than 3 years before its happen, and i really hope Difinitely bitcoin users who had already 1 bitcoin in there wallet will be a goddamn millionaire that day if thats happens but if not then cry baby we all want fast money and we dont want us to do such things that we could lose our money I thought better of you think it's rational. The price may not be the case. whenever the price is not going to happen, what will happen to currencies other than the dollar if the price of a bitcoin reach $ 1? and on the other I'm sure there are many people who will sell all their bitcoin current high prices even before it reached the price Yes and I don't think that people have that high level of patience to hold their coins till it reaches in millions, majority of users will dump their coins even if it touches to $10k in future. |
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