One interesting option (which I'm starting to get interested) is investing in online casinos. You can simply buy shares and receive profits from them. (Something like a dividend to shareholders)
rather than investing on investment sites or cloud mining sites better investing at online casinos but actually i was wondering this is really profitable or not because i had never experience investing at online casinos also i don't understand how much profit percentage will we get Rather, it was not an investment but a gamble? Because I think if gambling is very damaging if you lose. Perhaps by saving it and continue to collect bitcoin is terpat way in my opinion. |
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Show them tutorial video about bitcoin. Tell them the attractive features and advantages of bitcoin, and how it can be used for various purposes such as online shopping and currency trading, and they can earning from bitcoin without investing.
Actually, no need to use video to introduce bitcoin. Better practice directly to him about bitcoin and explain in detail until he understands about bitcoin. That's the best way I think. |
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Yes the price of the bitcoin can go to the 800 dollar or more this year, I even the chance is high it will happen this year due to the halving that is coming this year.
Most likely it will be a very good year for us(the investors) and the bitcoin itself because its also growing in worth and users.
Yes if this year could reach $ 800 maybe it will happen at the end of this year. Because according to me to reach it still takes considerable time looking at the prices bitcoin is still quite far away to reach $ 800. But I hope it will happen. If there is a price rise at the time of halving then we might see this value at the end of the year, but I am not sure whether it will happen or not as we cannot predict anything. Yes it's true I think will happen at the end of the year. Actually, we can predict but could not confirm it. Let's wait what will happen to the bitcoin this year, hopefully this will be a year of good luck and we all bitcoin. |
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no real plan here just accumulating  in fact yes rightly so. for now just keep collecting. but if it has a big capital, then I will think of a plan  Yup pretty idea, don't look for going rich with bitcoin, keep on collecting coins, you can get better profits during halving. I don't aim to be so rich with bitcoin, but I want to earn a decent amount with bitcoin.. Yes it is simple and precise way in my opinion. We just simply collect bitcoin it already makes us have a lot of advantages. |
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Nope. Bitcoin can not make bank companies just go away. Where would people store their money then? And also there are millions/billions/trillions of paper money out there. The society will not just dump those in exchange to bitcoin. I'm pretty sure bank companies would do something if bitcoin turns over.
Yes true needs of the people against the banks is very much and it can not be denied. Banks will not be able to disappear with their bitcoin, because I think both are very different and there is no bound to one another. |
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Yes the price of the bitcoin can go to the 800 dollar or more this year, I even the chance is high it will happen this year due to the halving that is coming this year.
Most likely it will be a very good year for us(the investors) and the bitcoin itself because its also growing in worth and users.
Yes if this year could reach $ 800 maybe it will happen at the end of this year. Because according to me to reach it still takes considerable time looking at the prices bitcoin is still quite far away to reach $ 800. But I hope it will happen. |
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I think the best plan nowadays is just by buying and holding the bitcoins till the price increasing
Getting rich with bitcoin takes lot time than getting rich with a day job. Else more time need to be spend and some business needs to be started with bitcoin acceptance. Surely you will succeed as more users are gets adopted regularly. It will really take a lot of time and effort to get rich in bitcoin because there are many things to look at when you want to invest in bitcoin and you also need a lot of capital so that when you profit you will gain more. It will be nice if I can sell Bitcoin with a huge profit when the value is high but I think that it can takes a really long time until the value will be more so that is not that best thing. Bitcoin needs indeed a time to rise but that can be a really long time and not many people can handle that and that is quite bad. Yes, but there is no harm if we wait because if we wait will definitely benefit. Bitcoin sell when the price rises must wait for the right time. It will make us rich and it was a very easy thing to do. If you want to get rich then you should hold it long as selling now will never be profitable as the price is not too high at a moment but if we sell in future then we can get rich by selling at higher price. Yes, but the problem is when prices will be higher because of the increase in the price of bitcoin could not be ascertained. And maybe it takes too long. I think if the price has increased slightly can directly sell immediately because it was our own benefit, although slightly. |
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The difference is that Bitcoin isn't being stored in banks like fiat money is. That's a huge difference. Banks are always needed. If Bitcoin at some point gets its own value, then still banks are still needed as Bitcoin will most likely always be tied to fiat.
Indeed, if the physical coin of bitcoin becomes a trend. For example 1 btc coins, 1mbtc coins, become a trend, then a bank might be necessary. But we can not assure that since they are just coins, banks are used to store and secure paper money though. i doubt if ever physical bitcoins become a thing, they will always as they are now will remain some sort of collections. bitcoin is all about a revolutionary technology to change things not go back to the old fashioned ways money used to be. in that case there is paper money why should we even need bitcoin! Yes true bitcoin unlike banks that can spend money physically. While bitcoin has no physical form and only limited to digital money. And obviously bitcoin will not make banks disappear. |
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Even tho I am using Bitcoin for quiet a while know I never actually dreamed about Bitcoin. But now that I know this I will probably will dream about getting much money with Bitcoin.
Yes actually, I've been dreaming to get a great deal of money in bitcoin and can get a lot of advantages. Hopefully it can be a reality |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. my plan is halving, i hope that halving will rise price of bitcoins so i bought a lot of bitcoins now and keeping them in my wallet, i will do this for next 3-4 months, till halving, and if price will rise enough to the price that i like, i will sell then and i should get lots of profit, it is pretty easy way to get profit and it is not that risky as gambling Yes true if you do that with patience you'll definitely get a lot of bitcoin. The best way is to store bitcoin wallet in a long time ago if it had accumulated many can only be sold when prices rise. |
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The chance is really small that it will reach the $800 this year, because you see that the value is now quite stable now so it must jump this year if you want to reach that high value, because you see that it is stable.
People think also that the value will not even rise after the halving and that can be bad for them and also for the future and Bitcoin itself..
Well we can reach that price of bitcoin this year,800$ is not a bad thing for bitcoin it will give users profit in the long run and we just need to way for it. Yes I also hope bitcoin would reach $ 800 and keep going up because it can be beneficial to us as users of bitcoin. But I hesitated because bitcoin prices are still pretty much for it and still relies bitcoin rise slowly. Ya see later time will answer. |
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Bitcoin is allowing me to earn some extra money from it, and the amount that I hold right now can be much higher in future if the value reaches to the moon.
Yes true I am also happy with it. Bitcoin can give us additional money that the results are pretty good. |
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Bitcoin cant replace banks,either their services,do you think someone will lend you 50 btc to you repay in 40 years?Do you really think this is going to happen?Banks products even being expensive they give you time something that bitcoin cant give .
Yes it all between bitcoin and banks have their respective advantages and I think banks still superior because it is not foreign at all in the community. Although bitcoin will culminate I believe still will not replace banks. |
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Well, as the saying goes, "experience is the best teacher"
It's better if you let them try using bitcoin in any basic transaction and see how good it is
I agree with this. I've read on this forum some time ago about a guy who bought beers to all of his friends with Bitcoin. That was a good example of a proper teaching IMO. Yes true but it will be better again according to my friends tell me about how to give a beer with bitcoin and tell me how can i get bitcoin, which is of paramount importance to those interested. I'm sure it could succeed. |
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The best method to teach someone about Bitcoin is telling him about this forum and about its useful topics, so he will start reading and may be using Bitcoin as well
I think not, what if that "someone" you want to teach has no knowledge in computers? You still need to teach him/her on how to use it. Those who got lack of technology is not a potential bitcoin adopters,taugh them and they'll forget what you've tell to them,and using bitcoin need to a little bit advanced on trchnology i think Yes, but it still could be explained again in slowly so that they can understand and do not forget who you're talking to him. The most important thing for those interested, if it is interested would have been very easy to invite people using bitcoin. |
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The conventional banks will adapt to the new environment and adopt bitcoin in its payment processing, they can save lots of money.
banks will not adopt to bitcoins as bitcoins and banks are not nearly the same things that can go along together in my opinion thus someothing will have to go extinct i hope that bitcoin will beat banks in the future and every person will be the bank themselves freely without any money sending limitations and so on That is not possible at all, people who have faith in traditional banking system will continue to use the banks and they will never switch to any crypto currency for sure. Yes if I believe there are very many here who changed their bitcoin they got into the money and then transfer them to the banks. That is evidence that we have not been able to escape from the banks. |
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it is simple just continu to earn more btc from signature campagn and then trade with them and collect even more and spen a little of them but always there is fund in my wallet to make more i will not buy all of my btc.
Yeah right once we can get a lot bitcoin so that became rich by trying all the way, as you said earlier with the signature campaign and then trade and much more. We should be keen to collect and I'm sure we can collect many bitcoin. |
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i think it is possible for the price to go above 800, this year could be the best year of last 2 years for bitcoin
As quoted this year can be a year of bitcoin if the price reaches $800 before halving. Then later halving would surely give a good rise in price on halving which makes 2016 the year of bitcoin. Yes actually I was hesitant but I still pray that this year could reach $ 800 bitcoin. Perhaps the figure could be achieved in the next year. But I do not know, we see that happening. I am convinced that the surest bitcoin will continue to grow and will continue to benefit for us. |
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The only situation in which bitcoin can kill the banks is that bitcoin come under the control of government which will kill the bitcoin.So if bitcoin kills bank,it will kill bitcoin itself
Yes absolutely right it can be very harmful to the survival of bitcoin. It is already clear that bitcoin could not make banks disappear and both have different portion. I think the banks are stronger than bitcoin. |
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The future of bitcoin is looking good I think, the fact that you can transfer bitcoin across the world pretty fast is attracting a lot of people.
I am happy with bitcoin, we will just have to wait and see what the future will bring us.
we can only hope in the future of bitcoin all future actually is at the user, yeah how to users grow and use of bitcoin, if users still spend bitcoin and users continues to grow then i think the future of bitcoin will be bright Also don't forget to share your knowledge about bitcoin to other people. If there's a lot of people using it = More Famous = Used Worldwide Yes absolutely right we should extend this bitcoin community to be known to many people in the world. Due to the number of people using bitcoin bitcoin will certainly evolve and can be beneficial to us. |
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