Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
How is it against bitcoin? it adds value. Worth noting for you by the way Bitcoin is the PROTOCOL and bitcoin is the CURRENCY. Well maybe I got his point. he is saying that storing is against Bitcoin because it is not helping the adoption of bitcoin in the ecosystem. So he is saying that we must spend it, so that we are going to help the adoption of bitcoin and help to circulate bitcoin in the market. But it seems a lot are holding. Yes im that sense spending is good moreover if everyone hold and nobody spends,bitcoin will gradually lose its value and die a natural death Well it is really seems that op is telling like that and he wants us to use our bitcoins and not to hold it mostly. But of course, we people who are into bitcoins are just taking sometime and hoping if we are going to hold we are going to get profit out of it when the price of bitcoin is going to increase in the near future. |
|
|
|
I have bought some bitcoins before and will buy more in the near future, as it is very cheap now and will rise in the future.
I don't see the price rising much more anytime soon the price is going to grow, because of that i am buying a lot of bitcoins at the moment, i always believed in bitcoins and my opinion will never change about this wonderful currency Yes I believe the price will grow as well. No way it is going to stay in the 600s but I just don't think you will see a major jump in the near future. It will be good if price keeps on rising slowly and steadily rather then going for major pump as if there is a pump then we may say see major dump in future. Well that's a good thing if the price of bitcoin is going to increase slowly for sure it is going to be good rise if bitcoins price is going to move like that. But as of now, even though I want to buy bitcoins I can't. I need to go to dentist first and have my check up I want to remove my tooth that is now decaying so I need to save again. |
|
|
|
invest it always but learn how to so you dont get burned or invest in the wrong things
yeah I think you have to be careful with such an investment Ponzi and hyip. because it is likely you are to make a profit would be less than the risk that you will encounter. so I think it's better seek investments that have a low risk. although earnings will also be lower Every investment will hold certain level of risk so its better to invest wisely by doing some good research and home work to avoid loss in future. Invest what you afford to lose, that's it. Because you are right that investment are always been risky. But the thing is that are you ready to invest? For me, it is better if you are going to depend first on your savings because it is always been good to save money daily if you have excess money because you are getting prepared in the future. |
|
|
|
just keep your btc it will grow
Exactly if you are just going to keep your bitcoins or going to hold it for sometime surely it is going to grow when the price is going to increase. So, if you are just going to hold that $100 btc for sure you are going to get good profit when the price is going to be good. Don't hesitate just wait for it. |
|
|
|
When is it useful to borrow bitcoin? Considering that it is really hard to get a loan here on this forum even with escrow, and the plentiful amount of scammers floating around here, is there really a great reason to even bother getting a loan here? I mean unless you're flat broke I could understand but even still it's an uphill battle. It's way easier to take out a cash advance in an emergency. I suppose if you're dealing with a trusted borrower and trustworthy escrow you may have a chance in obtaining your funds. Other than that, it can be difficult for a scam-less transaction to take place.
i still think that you should never borrow bitcoins as you will have to give them back just you will have to give more than you got so it's not worth it Yes that is really not worth it at all if you are going to borrow bitcoins, you are going to pay the same amount plus interest. So, for me it is not useful if you are going to borrow bitcoins without a valid reason. But mostly people are just borrowing bitcoins in order to satisfy their gambling needs, so that is really not useful. |
|
|
|
i recommend to invest it . If you just save and not invest it will not grow or it grow but its only small amount , but id you invest you there a chance to make it double always take the risk id you want to earn more but invest safely.
That kind of mindset that if you just save your money is not going to grow is null. That's why you are saving because you want to grow your money. And every time you are saving your money, you are adding up another amount to your money. So, it basically means that whenever you are saving your money you are growing your money. |
|
|
|
My plan to get rich with bitcoin is trading bitcoin and altcoin and also play on gambling to make some btc
I hope to get a jackpot in gambling, but its very hard (this is my second plan)
Well for sure you are going to get rich with bitcoin trading and as well as alt coin. Just make sure you know that alt coins that you are going to buy. And don't just buy alt coins that you might think that is going to pump, study and research first before you are going to buy it. And for your second plan, it is better if you are not going to try it. Agreed do not try to gamble because no one can be rich in gambling. I also agree that you'll need to study and research for the alt coin your planning to buy if it have a potential to increase its price and it is also a risky method but we need to try for our luck and not to be lazy and just wait what will happen in our lives in the future. Yes it is impossible to get rich with gambling if you are going to depend on it. And basically the people who are getting rich with gamble is only the house itself. They are the owners of it, they are the ones who are benefiting in gambling and if you want to be like that. Then build your own gambling site and have a big capital in it. |
|
|
|
if u want to collect Btcoin, its a different way how to collect it in internet, u can search easily, but if u want to earn BITCOIN, it is hard working work and time taking work.
Well that is faucet. If you are going to think about it, faucets are really a way of collecting bitcoin. But the thing is that, the amount you can get there are very small and it is impossible to make you a living for a day. So I can say that learn to new something everyday. So that when someone is going to ask some service, you have a lot. |
|
|
|
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
How is it against bitcoin? it adds value. Worth noting for you by the way Bitcoin is the PROTOCOL and bitcoin is the CURRENCY. Well maybe I got his point. he is saying that storing is against Bitcoin because it is not helping the adoption of bitcoin in the ecosystem. So he is saying that we must spend it, so that we are going to help the adoption of bitcoin and help to circulate bitcoin in the market. But it seems a lot are holding. |
|
|
|
I think bitcoin in whole will continue on this upwards trend, but there will probably be drops during this year. I think that Bitcoin will reach around 850 but it will stabilise at around 750.
Hopefully the price is going to happen that way. I am hoping that because of the continuous rise of bitcoin. The price is going to increase too and that is a good price at all stabilizing the price at $750 - $800 that is really a good amount at all. We just need to wait for it. For sure next months we can see the effect of halving or if not next year. |
|
|
|
People here have claimed that Bitcoin is in fact controlled and ruled by China, as mining is centralized by Chinese mining institutions.
Do you think that China is controlling/ruling bitcoin yes or no?
My opinion is yes. But only up to a certain amount. The Chinese miners have already formed a cartel so they have say on what the direction bitcoin should take. They can choose what changes they think is good and what is not. The bad thing about this is they will always choose what is advantageous for their own agenda. Well as we all know that Chinese people are the most greedy people in the world. For sure there is already a cartel there that they have made. But they are just using there quantity powers in able to make some movement of bitcoin. But in reality, they are not really the one that controls bitcoin , it is us. |
|
|
|
Don't ever go all in on something, in life, in gambling and in bitcoin. It is way too risky, if bitcoin crashes you are screwed. Maybe get a part time job + investing in bitcoin.
I agree with you, but there are some people tend to think that gambling in bitcoin is already considered as full time job in bitcoin. But it is really a wrong mindset, instead of gambling you can do some trading or sell your skills and services. That is way better to be considered as full time job in bitcoin. |
|
|
|
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 Haha no one is going to make that own time machine. And man, don't let the past chase you and haunt you because it is not going to help you grow. You must move forward in your plans straight. Because an intelligent person is not going back to the past and think about the possibilities that he must have done back on that time. |
|
|
|
Bitcoin, because it's easier to trade, store and protect.
Well you are right with it, it's easier to trade with bitcoin because if you are going to buy bitcoin you can just simply store it and let the price of bitcoin trade for you and once the price is higher then you can trade it again to fiat money or you can just buy an alt coin and you are the one that is going to do the trading. |
|
|
|
My plan to get rich with bitcoin is trading bitcoin and altcoin and also play on gambling to make some btc
I hope to get a jackpot in gambling, but its very hard (this is my second plan)
Well for sure you are going to get rich with bitcoin trading and as well as alt coin. Just make sure you know that alt coins that you are going to buy. And don't just buy alt coins that you might think that is going to pump, study and research first before you are going to buy it. And for your second plan, it is better if you are not going to try it. |
|
|
|
Bitcoin is unreliable and risky but has potential to boom. Gold is secure but i will only be worth for in a surplus economics and their has to be a constant demand for it. So i say just save it. Don't take the risk
Yes that's it, just save it and don't take the risk. But if you are a person who takes risk as a challenge make sure that you have back up plans if you are going to enter investments. And make sure that you have savings so whenever your investment is going to collapse you have your savings in it and you can make sure that you are going support it. |
|
|
|
If the bitcoin price is as stable as the US dollar, it will be very popular and the price will be over many thousands.
For me it is not going to be popular if bitcoin is going to have a stable price at all. The investors wants the characteristic of bitcoin that way. They are referring to the unstable price of bitcoin, because a lot of opportunities they can get with it that's why more and more investors are getting into bitcoins because of unstable price. |
|
|
|
i think loans might be really risky, to be honest people might easily just not return it back if they borrow money, and that would lead to a huge loss so i dont loan my money
Loans are always been risky for both part, for lender and for borrowers. In lender, it is going to be a lost of his money when the borrower is not going to pay for the amount of the loan and interest and the borrower is just going to depend on his collateral and don't mind to pay using it. And for borrower, it is going to be a downfall for you if you aren't able to pay for your debt. |
|
|
|
i think it is way better to just save money and not invest it, with saving you can make sure that you will not lose your money and investing will not earn you too much
I can see any logic in your post, because with good investment you can earn very good money insteed of just saving without any future increasing. Well I agree with it saving is very a good thing to choose as long as you are earning you must save if there are excess money in your pocket. Because you are the one that is going to benefit it one day , trust me. Because since then, I am still saving until today and thanks God I have save a good amount of money and it is going to depend on me if I'm going to invest it. |
|
|
|
Good times for bitcoin right now, price is very stable and changing on + or - $5 everytime, it should increase bitcoin's popularity world wine, i hope so.
Yes that's a good sign that bitcoin is stable at that price at all and for sure it is going to increase for more times again in the future. As the halving did happened already we just need to wait until when the price of bitcoin is going to increase again. And when more stores are going to accept bitcoin as payment for sure it is going to be a good rise for bitcoin. |
|
|
|
|
Show Posts
