Till bitcoin is not accepted by any country as legal currency it can't change fiat's price even if price is $9999999, but in future everything can change, we'll see.
Yes we will see it in the future, everything can change in the future. Especially when a country is going to adopt the use of bitcoin. But as of now, still there are a lot of people that doesn't know about bitcoin because they think that it is not worth it at all. But if the price is going to be $10,000 by that time there is only one thing I can assure you guys, we are going to be rich.
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Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement
Thanks for the advice, I will put into practice. lol Better do it now, don't waste a single time. Identify all the resources you will need, plan, analyze it, make a prototype then finally design it fully. Humans are so smart and I know they can do this thing. Seriously? For creating a time machine and go back to 2008? For sure if you are going back there you are going to change everything. As we have seen in movies if someone is going to change a small movement in the past. It can change a lot in the future. So, think again. Don't go back to the past and for sure the price is not going to be what it is today.
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I like both of them but banks is already trusted and time tested when bitcoin is something new and interesting but already better than banks I am very happy that i am a bitcoin user. Well yes, banks are always there and been trusted for many years since ever. But we can see that bitcoin wallets are also trusted too. Because it is where we are storing our bitcoins. So, we don't have to choose to any of them because they are both useful and helpful. Banks for our fiat money and bitcoin wallet for our bitcoins.
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I think in a trusted seller bitcoin
The title says, 'when do you buy bitcoin?' Not to whom you are going to buy bitcoin. But it is also a thing to consider if you are going to buy bitcoin. Because make sure that every money you are going to invest with bitcoin is going to be valuable.
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You can't ban paper moneys. Because that's an international Cash. Anywhere in this world is using Paper money and also Coins. You have to accept it. But if Cryptocurrency will rise and if this will be an international money, then that's good. But I assured that this Cryptocurrency can ban paper money. Because how about the Rural Areas ? How about the places without internet ? How about the people who didn't still know what is Bitcoin ? Maybe after 50-100 Years I think, All currencies will be digital and all things will be bought online.
Maybe less than we are expecting as there are activists out there pushing for paperless society. Government can save a lot of money as well they stop the circulation of paper money and start adapting using online payment or use of smart phone but you are right that there are areas like the rural areas that may not be able to use online payment because of slow or no internet connection at all. I believe that it is going to happen in the future that the government is going to implement cashless society and its been a plan since then. And for sure it is going to happen that the government is going to allow it to happen and going to convince people that it is better to use that cashless money.
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Because naturally people are greed. When greed take over his mind , it will become addicted. Some people can't control the power of greed so they can do anything to keep gambling ( even they must break the law )
Well greediness is really the reason why gambling is very addicting people tend to think that they are going to have big money if they are going to gamble. So even they are losing their money they don't as long as they are hoping that they are going to get big amount of money in gambling. But that is a wrong thinking.
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i usually dont spend it but i sometimes buy digital goods online
So it means that you are spending it but not for real life but with your digital life. Just like me too, I'm spending bitcoins that way. But as now, I stopped and I'm just waiting for the price increase before spending it again for sure. And if the price is going to increase I'm going back to spend it again.
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Work and again work bro and you will be rich. Maybe not only the work count to be to much rich but at least the work cannot leave you broke. If you are intelligent and creative better. You will be rich and you will make the others rich. But if not you can work honestly and you can have your good life for you and for your family.
Yes that is really going to be the solution and answer on how to get rich. But don't just be contented that you are working. When you are going to get your salary, make sure that you are going to have savings for you to be able to have investments. Because if you are not going to do it for sure you are just going to be a regular employee forever. Well, savings is very important but that would always rely on how much you earn in your day job and side job as well. If you lifestyle requires you to spend a lot the result is always bad and you can never save at all and the bad thing is you will get loan in order to survive. Well if you are a very wise person you are going to save money as you are earning to your salary. And even rich people have their savings are they are earning big money. They tend not to waste every cent of their money. They are saving it as they can because they are giving value to each cent of their earnings.
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No way man! Its look very tempting, but no. I don`t think I can ever do that. I think this can be good side income, and nothing more then that in my case. I`m not programmer, I have basic knowledge about technology, with that I don't think I can find some good work for me. I can comment here, claim faucets, place some bet on sport events and that's it. I`m still in faze of learning, so maybe situation will change for a year or more. I will try my best to gather as much as I can, then we will see what will happen next.
Yes it is very tempting if you are going to look at it but the thing is that it is very risky as we all know that bitcoin job is very not at stable at all. Even there is no big competition at all still you are not sure about what is going to happen with your bitcoin career. Unless you really know what you are entering and you are going to take it.
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I am Buying Little Amount of Bitcoins but I am Making Most of the Bitcoins I have By selling Goods and Services and I am Doing Trading with Bitcoins I earn and Bought or I Do Sometimes investing in Bitcoin Projects....
That's a good thing that you are making most of your bitcoins from your business. For sure you are going to be able to save a lot of bitcoins in no time if you are going to keep going on your investments. And another thing is that you are only buying small amount of bitcoins. So, you are investing small amount and get big profit.
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Work and again work bro and you will be rich. Maybe not only the work count to be to much rich but at least the work cannot leave you broke. If you are intelligent and creative better. You will be rich and you will make the others rich. But if not you can work honestly and you can have your good life for you and for your family.
Yes that is really going to be the solution and answer on how to get rich. But don't just be contented that you are working. When you are going to get your salary, make sure that you are going to have savings for you to be able to have investments. Because if you are not going to do it for sure you are just going to be a regular employee forever.
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We can easily say every year is the year of bitcoin but it is without assurance the only thing we need is to believed and keep praying that the bitcoin will be great every year and will gives us a great profit in the future.
Yes that's really what we need to do and make sure that you are going to help the community for the mass adoption of bitcoin so that it is going to be each year good year for bitcoin. And always believe that is going to happen in the future because if you are not going to believe it for sure you are just going to waste your time.
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If somebody gave me 10 BTCitcoins for free I would just sell the half of my 10bitcoins so I would have some money in my hand and i will buy some random staff that i will use to someday and the other half i will use it on trading website where i can grow my bitcoins easily trading is one of the best to grow your bitcoins That's a good plan at all, make sure that something you are going to buy with that amount and random staff is going to be really helpful to you in the future. And make sure that you know trading first before entering it so that you can be a good trader and make that amount very profitable for your own good.
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This is a big surprise for me if I have 10 btc in my wallet or any one giving me 10 btc I want to buy car for rent.
Well I am going to buy my own car too if someone is going to give it to me. And here in my country that is a good source of income that you are going going let people rent your car. Or you are going to register it on UBER or GRAB. For sure you are going to have a very happy time with it. But before withdrawing it I am going to hold it first. That is nice if you put your money in an investment like car renting that was really big help to have more income, and for me i want to build a business like restaurant and motorcycle shop. Restaurant because here in my country most of the people are food lovers. Motorcycle shop because i love to modified motorcycles. good purpose that's much better to multiply the btc investing it with the business mate, hope someone really have a big heart and give us spare btc hehehe, but as of this moment i really trying to do trading in a little way i can get some btc. good luck mate. As long as your purpose is going to be a good thing for you. Instead of other people tend to say that they are going to gamble that amount. It is better if you are going to secure it to something much more reliable and profitable. And all of our suggestions are profitable and going to be good for all of us.
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well of course it is too risky to loan out your money, you cannot be sure on whether your money will get lost or not so it might never be returned im afraid thats why i dont do that
The best way not to lose your money is loan your money to people who know how to earn money or to your good friend, other ways is very risky at my opinion. How about just use collateral? People you know how to make money can also pull off scams as well as "good friends". They can pretend to be friends just to pull some manipulation over you and run with your money. Look at some of the scammers on bitcoin gambling sites. Well even there is collateral borrowers tend to think even they are not going to pay the loan they are already paid because they have collateral. But if you are going it here in forum and you are just going to run from your debt for sure the lender is going to ask DT members to put you negative trust. That is at least in the mind of the borrower, but for the lender they are not actually after of the collateral. Collateral are just made to secure the loan but what is important is the borrower to pay in order to maintain the liquidity of operation of the lender. You are right it is just for securing purpose and for an alternative for payment. But we all know that collateral are not just easy to sell. It takes time before you are going to get back your profit on it. And it is hard if your money is not going to move. So, it is better to secure both, payment and collateral.
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I don't know what will happen to paper money in 10 years but i am sure that people will use it anyway cause it's something very native to every human.
We know already what will happen because there is no big threat right now that would eliminate paper money in the circulation and even if bitcoin is moving fast but still cannot let that happen to eliminate the use of paper money. The population is huge to get them to adopt. As of now there is no threat at all because people tend to use and choose still paper money. But when we are talking about the future. For sure what is going to happen is that you are going to see that the mass adoption of a digital currency or simply as bitcoin. And that will going to make paper money gone.
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People should make theirs decisions from the situations what happen to them, nobody can't find clear answer on this question cause it's different for everybody.
Well for smart people of course they really need both of it. But for wise people they are going to choose only one. And for me, it is good to always save. Because you can do whatever you want if you have savings on your bank account or you own vault. And if there's something really in need. For sure you have something. I love how you see savings because you are thinking for the possible bad things that might happen, but for me savings and investing is very important, they come together hand in hand , without savings you cannot invest as the amount you take from your investments has to be allocated from the amount of your savings. Well because it is a must and very important to a person's life. And some of the people here in my country tend to think that why you are saving for something that is going to suddenly happen. So, in able to avoid it they are not saving because they don't want it to happen. But if you are a wise person for sure you are going to save.
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if you want to become rich from bitcoin then you have to hold alot of bitcoin for some year. i am sure that you will be counted in the riches persons of the world .but for this you have to wait for some years.
Well do what the bitcoin millionaires did, they have save thousands of bitcoin while it is still on the early age. And know for sure they are still holding hundreds or even thousands of bitcoin and still waiting for the price to increase. And they are just living their life happily without any financial problem because bitcoin did it for them.
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nah i dont spend it in my opinion it is better to hold it as an investment
Well that's really a good thing that you are going hold it as an investment. But if you really need bitcoins for spending it actively. But if you are going to hold it make sure that you are really willing to wait until the price is going to increase in no time. Because as of today, bitcoins' price is very slow in motion.
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People should make theirs decisions from the situations what happen to them, nobody can't find clear answer on this question cause it's different for everybody.
Well for smart people of course they really need both of it. But for wise people they are going to choose only one. And for me, it is good to always save. Because you can do whatever you want if you have savings on your bank account or you own vault. And if there's something really in need. For sure you have something.
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