Electrum wallet is the best wallet I have used so far. Its lightweight the design is user friendly and you can adjust the fee's. Specially with the current situation, adjusting fee's is a must because if you like to transfer bitcoin quick then you will love this feature.
I actually use online wallet like ether delta for my tokens and ether to store there. Why etherwallet? Because im a joining in a ICO so when i recieved my tokens i have my own wallet to store my tokens there. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
you are describing panic selling yourself! when such thing happens usually weak hands (newbies) start selling as soon as they see price going down then it starts a chain of events which leads to more sells. but the effect depends on the cause of the panic sell and it is usually small and at worst case scenario it is only $50 reduction of price. I did it one time when the bitcoin value really dump into lower price and it makes me afraid to lose my bitcoin so i converted my bitcoin into fiat for me to make sure that it will not lose all. And weeks ago after that the bitcoin price recovers and it really maked me feel so bad loosing few of my money. |
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this is a very risky move honestly.. i would not quit my job to go deep dive into BTC and rely on it.
Nowadays it's hard to find a proper job and if you have it you should stick to it to have an income, one thing you can do is to find some spare time every day and study or work for BTC.. you need an income anyway, think twice before doing this jump into the dark.
I disagree becuase for me bitcoin is only just an asset. Helping you in your financial aspect because bitcoin is profitable and you can earn here but i think its not eternal i mean its not forever maybe someday bitcoin dies but i wish it will not. Hehe |
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Well, if you read this forum, then you know the NR1 fast way to make BTC:
Scam people.
Other than that, signature campaigns (I see you already do that)
Or working. Just offer your skills for BTC, someone needs you.
Really? Where do I go to to get hired? You could offer your skills in "Services" subforum, or write to people that could need your skills directly. (This depends on what your skills are obviously) For me the easiest way to earn bitcoin is to join signature campaigns. There are so many signature campaigns here in forum that somehow help you to earn money. How to earn? By simply reaching their require posts according also to their rules. |
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Nope. I very doubt government will want to relinquish control... As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar. I dont think bitcoin will replace dollar soon. We cant predict even if the price of bitcoin is too high as of now. Dollar is still the trusted for many people and this the most common i think than bitcoin it is not yet known by many people. |
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people mostly spend their bitcoins on digital goods. i think we have to see a wider variety of merchants accepting bitcoin payments. for example when i need to buy a new sofa, or maybe some furniture. would be great to use bitcoin as form of paymenr there.
Spending bitcoin. I am spending my bitcoin in a very pratctical way. In a sense that i am not wasting my money so that i can save it and have some budget or savings in the future. |
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With Bitcoin? By creating an ICO, you don't even need Bitcoin to make money. Easiest money ever! /s
On a serious note, holding Bitcoin seems the best strategy so far in 2017.
LOL, this is so true that it is starting to get ridiculous. you can see newbies everyday asking "how to make my own altcoin, or ICO" and they don't even know what a cryptocurrency is and have never even seen a line of code in their entire lives! and yet people pour their money in their pockets in the name of ICO and they make a lot of money because there are idiots who will always hand them their money!!! this is coming to an end though. it won't last forever. the newbies run out of money and will soon realize how they are losing money. and then a new method of scamming them emerges! For me the best way to earn money in bitcoin in 2017nis investing but i dont have enough knowledge about it i wish i will get enough knowledge in this way of eaening here in bitcoin so that earning money is easy. |
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I would like to know what experiences did you had when you first started with Bitcoins. As for me, I had many that I would like to share with you. When I began in the Bitcoin world, I was a complete rookie with no proper knowledge of how did mining worked or anything about cryptocurrencies. I just thought about Bitcoin as another payment processor like PayPal. But when I joined the BitcoinTalk community, I learned so many things along the way. In my process of learning in the first days, I decided to invest into cloud mining services. Since I didn't knew much about it, I invested a plenty amount of Bitcoins to start my journey into it. During that time, I had gotten into many different services. Those were GAW Miners, then Cointellect, cloudminr.io and finally Hashnest. After getting scammed many times by the services mentioned previously, (except for Hashnest) I have lost many Bitcoins. As a result, I decided to never invest into cloud mining and thus dedicate myself into learning more about the cryptocurrency and look for other ways to earn Bitcoins. It was then that I enrolled into the signature campaign that I am currently into and during all that time I began to earn Bitcoins as well as diversify my investments into different alt coins. Now I am dedicated to trading Bitcoins and other alt coins, as well as working for it (like the signature campaign and working as a freelancer) in order to earn coins and build up my portfolio along the way. Anyways, what would be your experiences with this exciting cryptocurrency?  When I start to work in bitcoin, I was not know How the people are earning and How bitcoin is running wend all. I have went with YouTube videos regarding bitcoin and its transactional method. After I done Some works like signature campaign, some projects in bitcoin site making and etc. Then only I came to understand about bitcoin's ability. When i first started here kn bitcoin i am experiencing difficulty on how to eaen money here and difficulty to understand many things about cryptocurrencies but now i have a little knowledge about that. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, it's risky to turn all your money into bitcoin. Bitcoin is volatile and if you know what you are entering you understand the risk that you'll be taking. And if your money is just staying in the bank and earning with a very low interest better to take the risk in bitcoin by buying at dip and wait for it to grow. The profit in bitcoin may grow in lesser time than your expectation. More risk, more profit but invest only what you afford to lose. Bitcoin is really a risky job or a business because theres so many people that doing scamming by their own greediness and that the way why im too afraid baout investing here. |
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Bitcoin surpasses the extreme high record of crossing $10000
$11023 is on the market cap this time and keeps on growing every single minute.It increases so fast i think more and more investors had invested in crypto most especially those businessman that has the huge capital for investment because of that popularity its price that already supasses to $10k many people were get interested in joining crypto business.It also helps to increase its price to fluctuates are those countries that legalizes btc and merchants that keep on accepting bitcoin. Yaaaaah. Its so unexpected to reach that high lrice this year big pumping happened and it makes me feel good when i get my earning here in my campaign. I truly wish that this camlaign is successful. |
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I think rent and food usually take up the largest chunk of a person's paycheck. Rent costs usually can't be changed so food is the first thing most people focus on. Value meals at fast food restaurants are what many would resort to. There are recent health trends which claim fasting 16-18+ hours a day can have a healing/regenerative effect on a person's body. Fasting can also help reduce cost per day spent on food and have health benefits as well. There are a lot of little things a person could do to save money on food. Buying a 5 gallon jug and filling it with potable water at supremarkets rather than buying starbucks coffee or something else. I think they charge around 50 cents for more than a gallon of drinking water which is much cheaper than 50 cents for 12 fluid ounces of what you'd get in a can of soda.
Cost savings extend to entertainment. Doing things for fun that don't require money to be spent. I never took any of this seriously but I did save near to $10,000 inside 2-3 years, once. Just by being a boring person, not going out all the time, with my main source of entertainment being hanging out at a skatepark trying to learn new tricks on a skateboard.
I am actually a student studying in a public school and we are not actually rich enough to have money that why i have low money that i need to budget a day when im going to school. I actually budgeting my 100 pesos and saving the excess forthe things that i want ti buy. |
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
I don't think earning bitcoin is as easy as you have stated. But this is true that these days bitcoin can be used in almost everywhere including many supermarkets to hotdog shops. Even we can book flights with bitcoin, on the other hand with bitcoin debit cards even in the places where bitcoin is not accepted directly we can pay there with those bitcoin cards easily. Bitcoin is evolution in the fiancial sector and yes it is new era of currency. Yes i agree. We are in the 21st century which is the technology is evolving and continually making innovation and by that digital money is produced which can be access with the use of your gadgets and also internet connection. |
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Bitcoin is a currency. You cant say money is gambling itself. But if you invest your money and convert it into bitcoin, now it is gambling. Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days, but you know it might also drop. There is still win or lose in it, so basically its still gambling. The process is gambling, not bitcoin itself. Bitcoin is not gambling and i believe of that maybe theres a section here that about gambling but theres no money involve but as far as i know there a site that using your bitcoin you can play gambling. |
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I don't really have a strategy that I use. I just buy some Bitcoins every now and then when the price has gone down to hold for the long term. That's all I do at the moment. I am not even trading. It's purely holding what I do. I am so happy with my Bitcoin investment that I never look into any other investment. Bitcoin is more than enough for me as I believe in its full future potential.
I dont have actually any knowledge about investing but i really want to know how to invest so that i will invest my money here to grow and to have some mkney on my own capital. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't if know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
I guess the main problem is that bitcoin is open-source, community driven... Altough there are some bigger players on the market. I think this would make it incredibly difficult to get a concensus on which add would be shown, as well as finding sponsors to foot the bill. TV ads aren't cheap  But yes, IF there would ever be a concensus about showing a TV ad, and we would find somebody footing the bill, i think it would give BTC and incredible boost. In my country, most people still think bitcoin is only used by criminals, they always give me a strange look when i tell them i have some btc to. Maybe the bitcoin will become more popular worldwide because we all know many of the people who are daily viewers in television so if you advertise it maybe many of people will have curiosity and eagerness to earn bitcoin. |
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I didn't spend anything yet i just save it in order to buy expensive things. I am also planning to invest in altcoins so thats why i also save it. Everyone wants to get rich from bitcoins.
But if you spend your profit in a day you will not come far.
Right. Without proper management of many and used it to buy things that not really necessary, you could not meet your goal even how hard and how long you earn money. It is good decision to keep bitcoin and use for investment to gain more profit from it. Most of people run to collect bitcoin in order to earn to provide daily needs and keeping bitcoin is last thing to do when there is enough income that can support all what is needed. I actually spend it with my expenses here at my house helping my parents in our expenses to buy our needs also and also buying that i want like gadgets and new clothes. |
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Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question.
WHO on this Earth would bake the bread for ALL OF US ?
Robots, you might say?
OK, nice idea.
But then, WHO on Earth would maintenance these robots ?
Another robots ?
I don't think so.
Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ?
We could eat for free, as much as you want?
Cool, but what about overweight then.
Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors.
OK, we have Doctor Robots.
Who would teach our kids? Robots! Who would change the diapres? Robot!
Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots)
But even then, there is one huge problem.
I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away).
So, back to the original question, why do people believe, they all can be rich ?
It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others.
Why?
If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right?
Wrong.
No one would want to sell such mansion in the first place, as he is already rich. We all are.
It true tyat everybody wants to be rich but not by just magic but also through our various endeavours in our activities being rich as an accountant will not mean I will stop being an accountant or the barber will just quit without making alternative. Also, the meaning of riches differ from people to people while riches to others mean that they should be able to meet their needs as at when due and doing their daily jobs, others are planning in the direction of being wealthy and that is when you get to recieve dividends. Not actually to become rich. I actually staying here in forum foe me to have income for myself maybe if i have given the oppurtunity to eaen bigger than now i will save it for a long time for me to have extra money when i have nothing to get of. |
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Being a blogger, I wrote a series of articles about bitcoin in my native language in 2014 (and someone paid me 30 bucks to add their link in the article), However, since then I do share those links with everyone who ask me about bitcoin. Some of my friends are even asking me to help them to buy and hold bitcoins, However, I insist them to learn more about it before making any investment. Nowadays, I mostly focus on explaining bitcoin in one to one conversations. Further, I am also planning to add bitcoin niche on my visiting cards.
I am using the curiosity of the person so that i have the opputunity to share what i know about bitcoin. I am explaining many things about bitcoin for him or her to encourage to use also bitcoin or to earn here also. |
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What do think if all nation use only a one currency?, What happen to our world?, What the effect of the nation's economy?, It can make people's start to work each other without competing others?Any opinion. It will put a stop to all these pathetics currency wars. It would already be a good point. On the other hand it would present some serious challenges as every part of the world is not on the same level of productivity. For me. Maybe the transaction worldwide is too fast also the payment system is fast. We dont need exchangers to convert our money into other currency for us to buy things that we want in that particular place or state. |
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So if i put the Ledger in my computer and with the wallet on my pc i sent it to the wallet on the Ledger usb then they the coins are gone from my computer and stored on the usb?
the coin or bitcoin is not a physical thing like fiat to transfer from one place to another. a bitcoin wallet is a place to keep they keys. these keys are used to spend bitcoin, bitcoin which exists in form of transaction outputs stored on the blockchain and blockchain is held by every person around the world who is running a full node client. so in short you keep the keys on Ledger or paper wallet, etc and then use that key for spending which is known as creating a transaction and signing it. (i hope i didn't make it more confusing) For me the safest way to keep bitcoin is to keep you password too and other information that can access you account and I recommend to you to use trusted wallets to store you bitcoins there. |
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