No I do not think the bitcoin will ever replace the dollar because the dollar is simply way too big, I even think its the biggest currency alive right now.
Due to this fact the bitcoin could never achieve this in my eyes.
You can't say sure, Bitcoin can replace dollar to see the interest of people in it, it is now going to be acceptable worldwide. No one there is its national owner, it is made for online worldwide use and as now the age of Internet is spreading all over the world and all types of transaction are going to be done online, so it will replace. But the fiat maybe remain there in its place. It won't replace dollar, but they can be use at the same time. Since every country have its own currency. And a powerful country won't just change their currency with a decentralized currency, it would take a long time for it, |
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saving is my 1st priority , so isave every week some amount in fiat, why i save in fiat? because i can acces it every time, i can use it every where also the rate is fixed, and i use bitcoin as investmen to double my money  Sooner or later you are going to regret your decision in saving fiat sooner or later because the value will be keep of dropping every year according to the inflation rate. Inflation rate will keep on increase every year so the value sooner or later will be expectedly lower than any that you will be hoping for I think there is no regret if you are going to save your money in fiat because they value of fiat will always remain the same, only the goods and product's price to your country are going to change. But saving more bitcoin is way better than saving in fiat. |
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Paypal is okay but I like bitcoin way more because it has a lot of nice features, you can control your own money and the fact is also that its very profitable.
Yeah nowadays Paypal still more used than Bitcoin, but it's not guaranteed that this case will continue forever. If we compare the Bitcoin's features with the Paypal inconvenients we could easily pretend that Bitcoin will be used more than Paypal worldwide soon... You are right, paypal is still getting used by more people rather than bitcoin, since the beginning paypal is already there but if bitcoin is already there from the beginning I think people will tend to use bitcoin rather than paypal. It will take time for people to switch from Paypal to bitcoin, people are using Paypal since long time and the fact is majority of people are not aware about bitcoin yet. Yes since the adoption of it really needs a long time for people to be familiarize about its usage and how to obtain it. Most people used paypal for a long time and it would be hard for them to switch for bitcoin but if they could understand the potential of it, maybe they will shift immediately. |
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If you are a newbie like me and was not able to buy when the price was ranging between $200 and $300, it's still not too late to buy one bitcoin for long term hold. Although I don't have funds to buy one whole bitcoin, I'm going to try buying when the price goes down, little by little.
Good thing for newbies especially you that you have your own strategy in investing. As long as you are able to buy the amount that you can and you will put it into investing just manage it properly. |
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Borrow if you will going to use that for investment or business but if you are just going to use that for your personal use.
Better to save bitcoin and what for the right time you can buy your personal wants.
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You got my point. In our permanent full time job we are receiving a fixed income monthly, so there is a sure income. While in bitcoin, it really depends on the time you can spend to earn it. That's why what I'm doing is, both full time job and part time bitcoin job. And that's really helpful and convenient way for me.
I think only those well known faucets, sportsbetting sites, gambling sites and trading sites are the ones who are getting a decent income in bitcoin. And also the freelancers that accepts bitcoin as their payment. I'm not into gambling, but yes if you win there you got instant money, but i don't have any luck with that. And if you lose, that's really hard for me. I prefer that freelance jobs, yes you can earn decent amount of bitcoin there and in addition you can use/enhance your talent/knowledge. We're the same, im not also into gambling. And I don't want those greed owners of gambling sites to get my money. So, that's why I'm thinking about that. Rather go full time with daily job. |
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Paypal is okay but I like bitcoin way more because it has a lot of nice features, you can control your own money and the fact is also that its very profitable.
Yeah nowadays Paypal still more used than Bitcoin, but it's not guaranteed that this case will continue forever. If we compare the Bitcoin's features with the Paypal inconvenients we could easily pretend that Bitcoin will be used more than Paypal worldwide soon... You are right, paypal is still getting used by more people rather than bitcoin, since the beginning paypal is already there but if bitcoin is already there from the beginning I think people will tend to use bitcoin rather than paypal. |
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Create a blog about Bitcoin.  nice idea, in middle 2015 i have blog, i active posting some news or review of new coin, i use A-ads but the reward is very low, i get only 100k per week  it's make me leave it, and now i use sign campaign as bonus for my posting, and i can earn 0.035/weekk it's very high than i continue write article at my blog. Bloging is very good way to earn profit. but without A good ad network you can't earn as well as you should. and A-ads is a very low paying network with this ntework you can't earn more then that. the biggest and most important ad network is google adsene. you need to get google adsense anyway if you want to make proper income.. and it is not too hard to get one. just need to be creative little bit and need good stuff for blog. Google adsense is the most high paying and stable ad network. But they are very strict that there are certain measurements that should be followed and complied well but if you didn't followed it. Your effort will be wasted, but blog is one of the good way of getting bitcoin but you need to wait for a certain time for it. if you want to earn fast BTC you have to be a Trader and Buy Bitcoin at a very speciall Point where it is very low and sell it vor the same when its a little higher. Otherwise you can also produce alot of hashingpower to get this going Wink faucets is just a nice type of collecting some extra fews for sending the tx from your wallet. Not just only trading could give him fast btc but also you could earn if you are going to lend your bitcoins but it is not free. You have to invest. And you will just need to choose the person that you are going to borrow your money. |
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A very good question friends, With invetsment, you can buy bitcoin today with low price and sell it in the future if the price is higher. But this way, you should use careful analysis of bitcoin prices. And for free methods you can earn bitcoin with signature campaign, or claim somes faucet thank you You are right with that friend if you buy bitcoin today and wait for the price increase of it you will get instant profit, the more btc you have the bigger profit you can get. Return of investment is instant once the price increase and halving happens. |
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Brazil is for sure the winner with the 150 stores, I think it has a good future in that country due to the fact they have a currency that is not a very good one.
That's a lot of stores and brazil now I think is the country that have the most stores who accepts bitcoin as their payment method. I think it is not just 150 store does anyone have an information of the currency number of the stores there who accepts bitcoin? |
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I dont think goverment will allow that, fiat is still main currency
Fiat will always be used by people unless the government of the most powerful country in the world will declare the cashless society. Fiat will become the 1st choice currency but cashless society will be implemented. |
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Long term investing is good but the fact is that its indeed not much, I think you will make profit with this but not a lot compared with many others on a long term.
I think long term investing in bitcoin is a good substitute to your other investment since it has the potential and it keeps on growing and growing day after day and with the coming halving it is catching more and more people to use it and invest more. |
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No I do not think the bitcoin will ever replace the dollar because the dollar is simply way too big, I even think its the biggest currency alive right now.
Due to this fact the bitcoin could never achieve this in my eyes.
Me too, i don't think that bitcoin will replace dollar and we all know dollar is more famous than bitcoin and it is used for so many years, unlike bitcoin it is still a baby currency that needs more years to have a strong value in the market. |
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You got my point. In our permanent full time job we are receiving a fixed income monthly, so there is a sure income. While in bitcoin, it really depends on the time you can spend to earn it. That's why what I'm doing is, both full time job and part time bitcoin job. And that's really helpful and convenient way for me.
I think only those well known faucets, sportsbetting sites, gambling sites and trading sites are the ones who are getting a decent income in bitcoin. And also the freelancers that accepts bitcoin as their payment. |
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Paypal is okay but I like bitcoin way more because it has a lot of nice features, you can control your own money and the fact is also that its very profitable.
I prefer to choose bitcoin since I'm not able to verify my paypal and it takes a lot of process to be verified. Not just time consuming,but also you need to spend some bucks for the verification with credit card and I'm not in favor of it. Unlike bitcoin, transactions are charge a low fee and quite fast in confirmation. |
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Create a blog about Bitcoin. nice idea, in middle 2015 i have blog, i active posting some news or review of new coin, i use A-ads but the reward is very low, i get only 100k per week it's make me leave it, and now i use sign campaign as bonus for my posting, and i can earn 0.035/weekk it's very high than i continue write article at my blog. Bloging is very good way to earn profit. but without A good ad network you can't earn as well as you should. and A-ads is a very low paying network with this ntework you can't earn more then that. the biggest and most important ad network is google adsene. you need to get google adsense anyway if you want to make proper income.. and it is not too hard to get one. just need to be creative little bit and need good stuff for blog. Google adsense is the most high paying and stable ad network. But they are very strict that there are certain measurements that should be followed and complied well but if you didn't followed it. Your effort will be wasted, but blog is one of the good way of getting bitcoin but you need to wait for a certain time for it. |
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Ahoy there Im a beginner with electronic currencies and started using Yobit few days ago I would like to know what types of common mistakes newbies make and what to avoid in early days Regards I think the most common mistake made newbie is unwilling to read and analyze the state of the market in advance. Mostly newbie in trading just follow other traders from entering the market. Even a newbie also believe the nonsense of other traders in the chat room. thank you, Well that's what you called being laziness, and maybe they aren't serious in entering to trading, since trading is very sensitive and you need also knowledge on it, even you have enough btc to invest but if you don't have enough knowledge on it you are just wasting your time and money. And yeah newbies most mistake is this. |
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the best way of earning bitcoin is to work in a job and get paid in bitcoin (get your salary in form of bitcoin) or at least buy it each month on your payday.
but apart from that, for online earning i think the best way is getting paid to advertise for example on your website (banner ads)
That's a freelancing way and you can do it offer your job or service and yeah, get paid by bitcoin. But you must not afraid if you can't get a client easily because the competition in the industry of freelancing is very tough but when they heard that you are using and accepting bitcoin as payment maybe that would help to catch clients. |
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If i have a 1btc like you. I will just hold it and wait for the btc price to be increase Investments are very risky. You are a pretty smart newbie, holding now is one of the best thing you can do, I would not recommend you to invest with such low amounts plus the halving is also coming this year. I would do the same, I will hold it today or save it but it is consider as investment since your investment is the time that you are going to wait for the price increase after the halving. And that's a good way to get profit from your 1 btc easily. |
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Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Well that's for sure, doubling your btc I guess and increasing the price of it , the things that will going to happen once the bitcoin halving happens and many of bitcoin users were gonna be happy that time but I don't think for the miners. Mining is not more profitable in my sense but I would prefer to go for trading to earn some extra bitcoins before the stage of halving. I see as the beginning for me, mining is only profitable for the earlier stage of bitcoin. But as of now, not profitable. But the price I think is impossible to go down. |
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