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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As of today, bitcoin wouldn't really replace fiat since fiat is controlled by the government and bitcoin isn't. And citizens are depending on what
the government will going to implement, if the government will implement bitcoin as their currency then it would probably change fiat.
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I think price stability will attract more new investors to invest their money into bitcoin, as if price is stable they will have trust in it and they would prefer to invest in it.
If the bitcoin is as stable as the US dollar and other major currencies, its value will be similar to the dollar. Price stability of bitcoin needs to be more adjusted since it is a digital currency and decentralized I don't it would be easy for bitcoin to have a stable price, but for me, I'm considering it also to have a good effect and bad effect for it. |
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I guess gambling does have such properties, the same as other games. but gambling is probably the game that is challenging, so many people who returned to play even if it has been lost
one of the goals come to gamble is to suffer the loss. I don't see gambling is challenging but it depends upon your interpretation with it. And I do believe also that gambling will just make you suffer for betting your money to it. Only those gambling site owners will always win there. yup the game is design in such a way that you are always in the disadvantage so you will likely to end up losing. Yeah even gamblers already knew that they are keep on hoping that they will get some bucks on gambling or they are just looking for the enjoyment that gambling could give to them. |
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Fiat will never be worthless, as long as fiat is accepted in most places. In the future, due insane devaluation to keep the system going, it may take 100 dollars to a buy a McDonalds meal, but so what, as long as its accepted, no body will care, because the process is so slow that it takes generations and the new people that's born don't even notice this devaluation process.
So Just buy Bitcoin and retire in 10 years.
I don't think will be worthless it will still used by many people especially for those places who doesn't have innovation of technology. And can't even touch a single computer and internet. Even if btc's price would reach $10,000 there are still people who are going to use fiat. |
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I will cross my fingers and hold the coins.I'll wait for the halving and dump all the coins.Happyyy life!!!
so you holding your bitcoin just for dump it ? but i think 10BTC not make any effect for bitcoin price if you dump it  I don't think so you will dump that amount when you hold it. I believe on the halving, I wold probably do the same , hold for it and do nothing. But watch for it to be doubled. If you want to double your coins then go for gambling or trading as halving will not make your coins double, it will give you some profits for sure but don't expect too high. I'm not even a gambler better just to wait for the halving and going to monitor the price if after halving it increases. And I'm just thinking if halving would make my btc doubled. But for trading probably it will really help. |
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You never go lower than 21? Well, I never even reach 1 Bitcoin.
There's no good amount for having a BTC, you just need to have it as much as you can.
I can't believe that you are already a sr. member somehow you could get a bitcoin. But don't lose hope man I know soon you can have that. Just work for it man and your hard work will be worth it once you reach that amount. Yeah you need to really work hard on it to earn maximum as halving will make you to make some good profits from it so don't miss a single opportunity to earn it. So my understanding with bitcoin is on how much you are holding today will be doubled, correct me if my understanding is wrong about halving. And that is a way better getting profit with btcoin. Halving will not show you double price for sure, and if you are really looking for double price then you need to hold it for a longer duration. I guess holding your btc is way better to multiple it. But for a longer duration doesn't mean that you need to hold it for so many years. I guess ranging 1-5 years is enough to get profit from it. |
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Name: sulendra12
Post count: 121
Rank: Member
Bitcoin address:1EibP9Ve1QTMXeYMHmvqUVXFKRe1sky2t5
If you accept me , i will wear your signature..
I think secondstrade manager won't accept you unless you are going to wear their signature. This is only my opinion and I hope it helps. |
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My mistake was that I didn't buy bitcoin last year when the price was $220 if I would have bought at that time I would have already doubled my profits.
Well I feel sorry for you friend, but there are worse than you. That they didn't even buy bitcoin for a lower price than $220. And it is not the end of the bitcoins price journey more to expect and more to come. But expect the unexpected. |
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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. |
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Yeah bitcoin is always good as an extra income and try to earn maximum from it at this stage, as whatever you earn today will be more valuable in future.
I some people who tend to earn a nice figure with bitcoin. But they are not telling their ways they are just saying it's a secret and I find them not active to this forum either. But I guess, they are full time bitcoin freelancers. |
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