Gambling is also a good thing in addition to trade, the equation is need analysis and proper techniques to generate profits, results obtained can also be instant in one day. We as adults love with challenges such as betting & gambling cards
This is not recommended to people who wants to earn BTC, this is gambling and there more time of a player losing his bankroll than earning BTC. Maybe you can invest to the House bankroll to earn a certain percentage for profit.
I am earning through signature campaign, and sometimes managing giveaway and signature campaign. I also hunt bounties if I have free time. But the one that give me the most earning is trading. Combination of trading and signature campaign can give you descent amount of bitcoins on regular basis and its also safe in compare to gambling as you never know what will be the outcome in gambling and most of the times you will be loosing your money so its not the best way to earn bitcoins. Well the riskiest things in life often bring the most reward, but if you just want to play it cool and just always be on the safe side and your comfort zone well that's okay as long as you earn something on the side gradually and decently without scamming others or doing illegal things. You can always start gambling just for fun and when you get the ropes out of it, you'll be fine. But seriously if you're not into it then don't do it.
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Nope. As a realist, it will not be used by most people in terms of trades, purchasing, selling or whatnot. It will still be used, yes, however mainly for investment purposes and NOT as a currency as it was originally intended to be. But it's good that some people right now are actually using bitcoin for online purposes, and some large businesses and companies are also integrating bitcoin in their servics via Bitpay.
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It is one of the tools for future millionaires who know how to play their cards right, but as the currency of the future? I don't think so. It's uses for today is mainly for investment, nothing else. A few portion of the economy uses it as a tool to buy things and to be used as a currency? There's a very little percentage of it becoming one of the leading currencies in the future.
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Bitcoin is the zombie that keeps on living and giving. How many times bitcoin needs to die in order for these FUDsters to stop lol. Typical anti-bitcoin dudes paid by the government and banks to spread misinformation. The best part of the article is when bitcoin lost a 10% of its value, because of that 'it's dead'.
This article made me cringe.
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Usage wise, it's almost the same as fiat: you can buy goods legal or illicit, trade them for other currency, pay your bills and whatnot. It's not entirely on how people use it since it can be used for almost the same reasons. There's not much difference apart from how it was minted and regulated and how to store/keep it. As a currency, bitcoin does it's role and quite a lot more compared to its fiat counterpart.
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Bitcoin might have pioneered the rise of cryptocurrencies but there is no guarantee that bitcoin would stay afloat especially there had been many good altcoins right now that also has better or improved features compared to what bitcoin has right now. Also take into consideration that there are some problems right now in terms of how should we move forward from what we have right now, so consensus might also be a problem in the future and an edge of different other altcoins.
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That's a nice passage in there, but sometimes we need to face the reality that sometimes we have to face the music that no matter how optimistic we are on a certain thing, still not everything goes what we intend it to be. In the case of bitcoin, there are many fuck ups that already happened that is hard to buy back but we are still looking forward on having everything on the positive side.
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For the last 6 months or so, I have been buying Steam games and in-game items, most of which for CS:GO and Dota 2 but I have also bought several AAA releases on Steam and other stuff too. So upon doing a quick look on my account, I have spent almost $500 in bitcoin for games and in-game items up to now. It might be more expensive to buy it with bitcoins but it's more efficient and more easier to use bitcoins than CC (which I never added on my account in the first place.)
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There are no required amount to start a professional trade for bitcoins. All you need to do is to have some capital in your hand, knowledge on what you're doing and the guts to do trading. Not all millionaires started with a substantial amount. Most of them played with rags first before they achieved what they have right now. It's just a matter of how you play your cards, not with the card that you have.
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Increase btc? Buy btc or do stuff for btc, trade, gamble or whatever. But the easiest so farm and the most effective is just buying it outright from the exchanges and then letting the value grow over time. Also, if you are into sports then why not use your knowledge into sports betting and get those btc that you ever wanted?
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Just keep it in your wallet and let the value grow over time. That is much safer than investments available on the bitcoin economy right now and is a guaranteed way of you getting value on your money over time.
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Not really, you can just ask bribes for cash and not bitcoin since it would somehow make it more complicated (though transparent and it will be posted forever in the blockchain) also, bribery is an illegal offense so it's not a good thing to do and involve bitcoin with.,
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We cannot force the government to accept bitcoin since in the first place they are trying so hard to "regulate" it and to prevent it from having widespread acceptance. Also, why would they accept such a currency that opposes the general purpose of the banks which they back so hard?
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Buying is still the most viable option there is in terms of growing your bitcoin funds. All of the other information or options for the poll provided either require deeper technical knowledge (such as trading) or too risky for the rewards in return. Some aren't even legit to begin with and is a big no-no in terms of growing your bitcoin.
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OpenBazaar + Darknet = illegal goods being advertised lol. But that might not be the case in here and to be honest, TOR isn't actually needed for such a marketplace. It might just add some doubts over the platform being on TOR and besides, TOR is not 100% safe anyways but who knows. Just an honest personal opinion, this particular support from OpenBazaar in TOR is not really amazing and surprising to say the least.
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I would just invest in bitcoins itself rather than search for other investments out there that has the potential to scam me in the end. Also, if in case I want to invest, I'd rather give or entrust it to an ICO being run by trusted members of the community and as long as the coin is promising and looks good in every aspects same as bitcoin.
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Kinda shitty to compare what we used to pay for a regular 10-minute tx to what we have right now. Though the price of bitcoin somewhat contributed to why we are paying a 'higher' fee, but it still feels like we're paying more and microtransaction is not bitcoin's main edge anymore.
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Defeats the main purpose of bitcoin (decentralization) and "be your own bank." What's the purpose of this bitcoin bank anyways? Even if you let them store your money, they would take a it of your profit and give you miniscule results. It's better if you just keep your own money/bitcoin and start from there. It reduces the risks of hacking and also gives you full control in your money and your profit.
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By buying bitcoins mainly, gambling/sports gambling to be specific, working for bitcoin as a writer, signature campaigns and some works outside of this forum from people I know who uses bitcoin and I ask them to pay me in bitcoin. Not making a lot of bitcoins tbh but it's still something at the end of the day.
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Sometimes, yes, you can beat the shit out of the house edge. But as you go along and continue playing on that same casino with the same game and same methods of how you play, you'll notice that the house edge is recouping its losses and starts to eat up your own money as well. It's been proven a lot of times now, the house always wins in the end.
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