its depend on how much you have your bitcoin, if its only 1 bitcoin, then i think you can not buy a house, but if you have 1000 bitcoin, then maybe you can buy a house. and its depend with how much the price of bitcoin too.
That is what OP is saying, that if the price of bitcoin goes as high that the bitcoins he has could cover the price of a house then should he buy it or not, and i would probably say he should, because i know that house can also be used as a business because someone buys a house today and tomorrow the price of that house increases 30-40% so that would earn him a lot of profits, and it also can be used for living if he is buying it for that purpose. |
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I wuld never receive my ssalary in bitcoins and do you know why because i dont like to see my salary going down you know and that is why i dont want to receive it because i
dont want to lose my money in just couple of days,
Every coin has two sides, if you know the price of bitcoin can drop which will reduce the amount of your salary then you should also know that it might grow higher to make your salary worth more, so these are the things someone should know before taking any decision, because there are some people who will take the risk to see if how it turns out in one month, having experience about anything is good. |
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I dont think that the bitcoin will get a nice future becuase i think that the coin will get that low that everybody is goingto dorp it because he is worth
nothing more.
I don't see that happening, because the community is increasing to a large extent every day every week and every month, and everyone after knowing about it and its potential are investing in it, so the demand is increasing which cannot make it drop its price as much as you are saying, though it might drop down a bit like usual which is nothing to be worried about. |
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If bitcoin became a legal currency, many people will notice bitcoin and start using bitcoins. It will give a good impact into bitcoin for sure and the price of bitcoin can increase.
More and more people will start using it, yes. But a "good impact" may not be a good way to put it because we can't know for sure if being popular is beneficial to the bitcoin industry. Being popular is for sure beneficial for bitcoin industry as popularity brings investments and investments decides if where bitcoin will go, the more its demand increases the more its price will increase as well, suppose you have 1 bitcoin and there are 5 people willing to buy it, wont they try to win it by bidding higher? That would be the case with bitcoin if it gets more popular. |
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That could be the case, but right now a bitcoin is still worth $600. I will still invest in it but we all know that it is a risky investment and shouldn't put all of out money into it.
Investing in bitcoin is not riskier if you don't invest in cloud mining ponzi or other ponzi lending platforms. Being active trader, buying and selling bitcoins on every price swing will always be profitable even when price will get dumped. Though the risk of bitcoin is that the price drops when it grows for sometime but that wont make someone lose anything if he is a bitcoin trader or something like that, obviously as you said investing in a place which does not guarantee you that you will get your money back or any profits then that is not the fault of bitcoin but it is yours. |
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The Virtual is Real: An Argument for Characterizing Bitcoins as Private Property Via http://www.thelegrandgroup.com/blogs/post/The-Virtual-Is-Real/"The usage of a bitcoin is necessarily a matter of exclusion because bitcoins are inherently highly rivalrous. By inherently highly rivalrous I mean that if one person uses a bitcoin, it is impossible for someone else to use that bitcoin at the same time. In contrast, other information based resources, like ideas, are capable of being used by a multitude of persons at the same time. Basically, a bitcoin is more like a spoon than a song. If I am eating with a spoon it is impossible for you to eat with that spoon at the same time. In contrast, we may both sing the song." Do you think bitcoin should be considered private property? Also, what is going to happen to your bitcoin if you pass away? Cryptocurrency is offering exciting, new options within many different industries. The discussion within the bitcoin community will need to address these points at some time, and I am interested in hearing your opinion. Bitcoin is actually a private property as you asked if you die what will happen to your coins, basically they will be there forever if no one can get into it by hacking or any other method, there was someone one day mentioning this thing that a friend of his died in a road accident and he had some bitcoins stored in a wallet which he only knows the address about, so if there is no method of getting into a wallet just by knowing its address then they would probably be locked down forever. |
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Dunno how to do it but they are some ways
Maybe gambling and investing in some other coin
But i think it was here 0.05 max sig per week so you can earn this much in two weeks
If gambling can earn him 0.1 bitcoins a week then it can also take 1 bitcoin from him in a day if the play turns to the side of the house which is not something that happens hardly ever, it would be better for him to get that amount in 2 or 3 weeks from a signature campaign than losing more than that in gambling. |
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I would say, trading is the only way to double your bitcoins. We have so many schemes. Find out the best and risk free as many do scams. Try to face risk and make yourself strong in it. Spend more time on it and be watchful. Time matters here as well. The price started increasing now and this would be the correct time for you to get double the profit. Dedicate yourselves. This is the correct place to grow and safeguard your investments.
People mostly say that time is money, so your time spent on something wont go in a waste but you will surely get a outcome from it, that thing applies on bitcoin too, whatever method you choose, it surely needs time, if you give it time and attention it would probably embrace you at the end. |
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In recent years, it becomes harder and harder to find profitable investment and also to pay without cheating. It is a rarity. Therefore, even there is a risk to take into account the advice.
An investment does mean just to give away the money to a website and let it generate profits for you while you sit and enjoy, but investments like trading and other options are there where you invest your money and keep track of it yourself, you will lose your money if you do mistakes with your capital. |
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I recently don't even have a capital for investment so my first strategy would be to accumulate a good enough amount to be used as a capital and once i am done with that then i would most probably invest it in alt coin market as the potential there is the great for earning profits if your capital is good.
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As we all know that to earn the bitcoin in these ways like....
1. Trading
2. Investment
3. Gambling
Anybody know that anymore way is here to earn the bitcoin very fast?
But in my view, only 3 ways are best to earn the bitcoin and not more way is here.
The very first thing i noticed about this thread was that a Sr. member is asking a newbie type of question  Well i would suggest not to gamble as that will eat up your capital without letting you know, and there is actually no new ways of earning a lot of bitcoins at once, work for it and you will get it in your wallet. |
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i think almost a whole of world have those situations and including also in my country because currently almost on every years college fresh graduates become unemployment because small chance to get decent jobs and the bad impact is criminal acts has increasing day by day
Hmm Same situation here too, there are people already roaming around for jobs but still jobless and the quantity is increasing every year as the more people finish their studies and then start finding jobs but not all get success in that, and many of them start doing bad things because of that which is really a bad impact on the community. |
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Either you have absolutely zero expenses or you are not thinking about the transaction fees if you would take a salary in Bitcoin.
How would you buy food, pay your rent/ mortgage, buy gas for your car?
The amount of money you would lose in transaction fees loading a Bitcoin debit card or whatever method you need to pay for things would end up with a huge net loss.
The conversion process is considered when you are to accept your bitcoin to cash. The question on how would someone buy foods, pay rent and buy gas for his car is evident. Now tell me what would you accept the two job that is offered to you. The one that offers cash or the one that offers bitcoin but pays 2x the one that offers cash to you? The answer is simple; I bet I don't need to explain that because the expenses on conversion are covered by the huge salary offered by the company who offers to pay in bitcoin. The point is, that if you are getting the same salary in bitcoins which you can get in fiat then you will lose a fraction of it in conversion as fees apply, and that would only be needed if you have expenses that cannot be done with the money you have in pocket, so in such cases the person would probably like to get the cash instead of bitcoins which he will have to convert again to fiat. |
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TBH i don't have gold in my hand and i never tried to touch gold in my life i want to have gold but its hard for me because it's too expensive when im going to buy one then im going to choose bitcoin because it is more the best i can really earn descent bitcoin because of signature campaign. Then have some money.
Gold is expensive when you buy a brick for example, but just like is possible with Bitcoin, you can also choose to buy smaller fractions of Gold. You can start with a few grams of Gold where you keep adding more every 3 or 6 months since Gold is more expensive than Bitcoin. That's right, my brothers and my uncles are goldsmith but i never took part in it as i have been studying and still doing, but i know that it is not important to buy a brick at once, but we can buy it in small parts like bitcoin, if i buy bitcoins with $200 then i can also buy a fraction of gold with the same money, now it depends on the person if what he likes more. |
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Both of them are useful to a person who is open minded to business. Those two are the key to thier success.
Basically that. People at all times should have a healthy balance when it comes to having a certain amount of savings, and a certain amount that they use for investments. For me personally I always prefer to have it at 50% savings, and 50% investments as that is a more than enough percentage to see my wealth grow. If your investment doesn't work out as planned, then you at least have money to fall back on. That's very important. That is exactly a great way of doing both things equally because if both of them works, savings would probably do but sometimes investments get failed so someone would have a back up plan as savings which can be used further as investment or for something else. |
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exactly bitcoin had lost its competition. other coins are in heavy competition and bitcoin is still in same price that is $600. please will anyone let me know when bitcoin price is going to rise up.
You are living in past, the price has already started growing up and the price right now is around $650 but not $600. And bitcoin obviously does not have any competition as all other coins are not able to cross the value it has nor they can get as much users and trust as bitcoin did until now, so there competition with each other and bitcoin is the king. |
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The Venezuelan people are suffering under high inflation (official inflation rate is 124%, inofficial rate is 720%). Why do they not switch to Bitcoin or alternative coins? Do they not know about Bitcoin or do they do not have access to Bitcoin buying options? This is really a mystery for me  Maybe they don't know about it, and if they know and still not using it then there must be some governmental restrictions which is stopping the people to use bitcoins as a government might not like the people to use a currency which is not in their control at all. |
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I'm not buying bitcoins. Why? Because i don't have funds for doing that, the only source of income i have is bitcoin and all i have are bitcoins but i don't have fiat and if i have then they are the ones i have converted from bitcoins for expenses, so if i had any funds available i would probably buy bitcoins now as i can see the price is growing again and i could make some good profits out of it.
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If bitcoin will be international currency it will be nice since we can use it anywhere without exchanging it to fiat. It will be like a credit card or debit card that is accepted everywhere. If it will happen, Maybe there's some automatic qr code on stores that can be scanned to send bitcoin instantly to the store's bitcoin address that would also be nice.  If that happens im sure they will provide free wifi too for easy bitcoin transactions. LOL bitcoin is already international currency,whether it is already being legalized or not it doesn't matter but the thing is bitcoin already international because people world wide could use it freely and didn't strict to any counties except the countries themselves strict the use of bitcoin Everything used on internet is international in the sense you are saying it, but the topic is about being physical, which means if bitcoin will be used physically in all over the world or not, and it would probably be after a few years when almost a half of the world will be using bitcoins and then we will probably have more places than now where bitcoin will be accepted. |
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