I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself. Indeed gambling should just be seen as a game and not as a steady income because it can simply not provide that. I don't actively spend bitcoin cause I don't have the option to and also I'd like to safe as much as I possibly could. Yeah we can never expect steady income from gambling sometimes it will be positive and other times negative, so its better to save them and be satisfied with what we have instead of getting greedy and loosing everything. |
|
|
|
It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.
this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer.. I genuinely feel that selling bitcoins will depend on the price that we bought in the past, I bought when price was $300 last year so I don't think there is anything wrong in selling them at current price as its giving me double profits. Agree ! We should base it in what price when we bought it . Just like his example $300 then now is $600 it is really the time to sell or if he want to wait more then its also good because price of bitcoin i think it will never be back at $300  So if you earn profit when you sell your bitcoin then its a good choice If he is making double profits then I think there is no point in holding them longer, as price may go down in coming days and then he may need to compromise with his profits. |
|
|
|
Bitcoin is not super popular in my country and you can really tell cause not alot of shops use it but there's some delivery services that accept it luckily.
I hope by 2020 that alot more places start to get involved with the bitcoin.
Yup things will change as time passes and bitcoin will also become more popular in coming years and we will witness increase in the adoption level, but not sure when will find physical shops to spend them. |
|
|
|
If you give me 10btc I make sure to find good investments, I would save 2 bitcoin for errors and invest the rest of the bitcoins split up.
For sure some bitcoins would be invested into casino bankrolls.
Investing them in good and reputed casino sites can give you good and regular profits, but you need to research about its history and since how long the site is operating. |
|
|
|
With 21 bitcoin, you are already a rich people, so what to worry about? Just keep it, live a normal live, enjoy life.
That is the right action. It is better to keep the bitcoin in your own wallet. Do not invest it in scam sites. For me i will not keep my bitcoin in my bitcoin wallet i am going to trade it until i grow my bitcoin into double after the year ends to do some business in my area or built some business soon if ever my coins are grow into double investment is not profitable it is scam and trading will profit your bitcoin Investing them in trading is safer in compare to investing them in any online site as most of them are cheating their users and running away with their investments, but in trading your action will determine your profits. |
|
|
|
No I am not buying at a moment, as current price is bit high for me, so I am waiting to see if price drops in next few days and will prefer to buy only if goes below $600 level.
Wow same i am not buying bitcoins too because the current price of bitcoin is pretty high im waiting for the price increase before im going to buy some bitcoin and hold it or stock it on exchange website waiting for the price decrease so we can buy lots of bitcoins there too and trade into another currency Many users will find current price as bit high to buy bitcoins, so its better to sit quiet and look at the price movement and if it falls to $570 or $580 level then that would be the best price to buy bitcoins. |
|
|
|
|
Gambling is the only place where you can earn them fast and also loose them fast, so I think gambling should be treated as the last option to earn bitcoins if you don't find any other ways to earn them.
|
|
|
|
Bitcoin cant make banks disappear but in future, it would reduce number of people who depends the banks for their daily transactions.
In future, a time may come where banks would be earning only by lending loans to people and it may take a long time to come.
I don't think that the operations of banks will be limited only to lending services in future as there will be many people who will prefer to depend on banking system for their day to day transactions. |
|
|
|
The highest amount I ever owned was just over 18BTC back in June of this year.
My goal was to collect 20BTC before the end of this year, but the peak in June made me cash out like 5BTC to secure profits.
I bought back like 3BTC after the Bitfinex hack, but from now on I will not sell anything before I reach my goal of 20BTC.
What are you doing can you teach me because i have a goal on this year that or before the year ends i want to reach my my goal my goal is to rich 1 bitcoin this december 31 but i don't know where to get more bitcoin because i only get small in my signature campaign can you teach me how>? Save your earnings from signature campaign and once you have reached to a descent capital then invest them in altcoins and start trading and over a period of time you will achieve that milestone. Agree in trading, achieving big amount of bitcoin is possible . If you really dont want to invest or buy bitcoin with your own money from your pocket then its good to start in signature campaign! Save it and invest it in trading so that you could earn big Yeah and may be it can be time consuming to make big profits initially, but its worth to have patience so that you can make it really big in near future. |
|
|
|
You need to buy 10 more Bitcoin because it is going to be hard to try and earn 10 whole Bitcoin in a free way you are going to have to wait a long time.
You can also try and gamble with them but I do no suggest that because you can lose all your Bitcoin.
If you just buy 10 bitcoin and hold the coin, the number of the bitcoin will not increase. But the fiat value will increase. Gambling will help him to make 7 bitcoin is just 1 day if he knows where to play it with his money because his don't then he can probably lose his money and get nothing on it sometimes the more we greedy the more the chances of winning if you are waiting the valvue of bitcoin to increase lol thats takes years If you are going for gambling to multiply your coins then there is a high chance of loosing everything at the end of the day but if you can afford to take risk then you can go for it. |
|
|
|
I won't go for mining as it won't be profitable enough for me to invest in it, so if I see price going lower in coming days then will prefer to buy some and save them for the future.
Mining shouldn't be an option anymore for the average Bitcoiner as it's basically a pointless option nowadays. Simply buying Bitcoin is always better than trying to gain it through mining. It saves you time, effort, headache, and whatnot. That's true and it will also require capital for buying mining equipment which can be an costly affair and not affordable to everyone, better choice is to buy them and invest them in altcoins to earn profits. |
|
|
|
Get a job and work hard to get promote in your company, save some money and start have some investment. When you have much money, you can start open a business or do some bitcoin jobs as a second job.
Getting a job and keep savings from it to start your business is a not an easy task. The things are too expensive these days that its hard to safe any money. Doing part job from bitcoin also not very easy as its like doing your primary and secondary job together. All is All there is no any short cut of getting Rich. True this is true get a stable job and keep saving 20% of your salary and then if you have enough money to start small business then build one after that make sure that your store are maintain to have more customers daily you will have more money to come and don't forget to upgrade and you will be rich somedya That's a good plan, we should learn how to make our own business and does not rely alone in working with a company. We should learn to take the steps and take risk for our own, also it is important that when we do business it should be align with our passion so we will be able to love our work. Yup holding a own business will definitely have a great feeling in compare to working for someone else in a company, as its your own business you will work more harder so that you can generate more revenue from it. |
|
|
|
|
When it comes to earning fast then it will be always followed by loosing fast, most of the people thinks that they can earn it fast with gambling but they ignore the fact that it is the fastest way to loose too.
|
|
|
|
if there's an opportunity, why not? Because this is the example for the improvement and how great the bitcoin help the country. But it will take a long time for that. Maybe soon, if the bitcoin is stable.
Tech is moving fast, we doesn't know if bitcoin will survive as main crypto let's say within next 10-15 years. there are a lot of alt already with better code and development and more have to come. We need to wait some more years.... If bitcoin survives for next 15 years then I think we would have made enough money from it but still its not affordable to accept salary in bitcoin only for the fact is price is not stable. yeah is need a long time before bitcoin is ready to be the part of international currency that rocognized by most of country in the world. although so many people start to learning about bitcoin is. it still need a long time before the most of people in the world know about bitcoin. but i am sure it will happen, after that we will fine to accept our salary in bitcoin. Yeah in future we can think about it but as of now it would not be wise to accept salary in bitcoins because its not developed everywhere and its very hard to spend them in real life. |
|
|
|
I am now spending my bitcoin earnings for my mobile recharge only.
I hope to spend it more in future for my daily needs.
Problem is the stores have been doubtful with this crypto thing. Most of their analyst dont prefer to make it as an accepted payment method. No one is trying to urge them to use it. It will still depend on the owner if he is open minded. For now i need to convert bitcoins here before we can use.. locally.. and i hope we can use bitcoin directly in the future.. without trading it or exchange it.. so that more people can be seen about bitcoins. it could be nice if there are some place that we can change fiat into bitcoin and bitcoin into fiat. i think it can be happen if fiat banks are make a partnership with bitcoin bank. i can't spend my bitcoin to buy any good around my place becouse the minimarket is didn't accept bitcoin at now. i hope int the future they will accept bitcoin. So you don't have any exchanges in your country where you can buy and sell bitcoins? I am doing it very easily on localbitcoins as it is very reliable place to do that, so you can choose any exchange site that is operating in your country. |
|
|
|
If you lost your bitcoin it is either you wallet was hack in some hackers here in cyberworld or else you scam by those scammer in the world if trade something from them. Another theory scam by investment sites because no investment is permanent in the cyberworld all are turn to scam.
I think OP probably means that if can he do something if he sends his coins in a wrong address because he should know already that if he gets scammed or his coins get stolen no one would be responsible for that but the only way he loses the money and he will be responsible is if he sends them in a wrong address. And if he sends to wrong address then there is no chance that he will recover back them, as no one will prefer to return the free coins that they have received mistakenly. |
|
|
|
Hello !
I still Shocked after Hashocean Scam , I dont Trust the Mining anymore !
I whant know other ways to exploit and invest the Bictcoin without mining
or best thing for some one how dont have long time to work in his PC to earn BTC ?
Same here pal, i do have a hard time to move on after the hashocean scam incident which i lost almost 7btc total which is really upsetting when they ran completely our money and all of its investors until now there are no trace behind that ponzi site. Earning bitcoin wouldnt be easy as you said you have to work for it in able to earn decent amounts of bitcoin, there no easy money here. Yeah and its very disappointing when we loose our hard earned money as we know how much hard work we need to do even to earn a small amount of bitcoins and loosing a big amount is always irritating. |
|
|
|
Yeah a lot of people bitcoin affects there life good or bad.
The good ones are that they can earn now a lot with bitcoins and some negative are that they gamble there bitcoins and lose it.
Yes. Since bitcoin started it already affect the life of the users in different ways. In a way of , they can earn money to trade, to invest and buy and sell. Some of us used it in gambling and some other activities. And one thing more that bitcoin has a very impact on some people like before bitcoin i mean before joining bitcoin they face many problems like financial problems but now when they join bitcoin community they earn a good amount and meet their monthly expenses. Some people pay their study fees some are doing business so hence proved that bitcoin affects life. Yes its helping us in earning money and that surely affects our lives positively as it has helped many jobless people who were looking to earn money to take care of their basic expenses and bitcoin has taken best care of it. |
|
|
|
In 2013, I had around BTC60 in all of my wallets. But then I lost around two-thirds of them in the LitecoinGlobal scam. In 2014, I went through a rough patch, and had to sell around BTC23 to take care of the expenses. Later in 2015 and 2016, I got some coins from various signature campaigns and other sources, and my current holdings are worth between BTC5 and BTC10.
What a pity. I was also scammed by ppl, but I was scammed by an altcoin dev, he ripped us off so he could dump his scam at high price. I invested 60 btc there, but after dumped that shit i had only 5 btc. It was dumped -95% in a few hours. I am not sure whether investments in altcoins can be considered as scams. Had you profited out of your investment, then you won't be complaining. I agree that most of the altcoins are of the pump-and-dump type. You need to dump them at the right time. Personally, I have made investments in altcoins. Some of them were profitable, and some were not. LTC gave me profit, while TRC and Quark disappointed me. We cannot expect to make profits every time with altcoins, as there are many shit coins available which can disappear quickly, so we need to be very careful before investing in it. You are right , there are many altcoins as of today and some do launched in every 2 weeks or even a month. Its quite risky to invest especially on ICOs because of some circumstances which devs ran off the money that they accumulate. I do also being scammed with altcoin which i purchased about 1btc and suddenly dump for hours and i alsmot lost 70% of my investment, luckily ive decided to sell while its going down. People believes that they can double their coins with altcoin in quick time, but they forget the fact that it may take away all your investments even in a single day if you choose wrong coin. And thats reality nowadays which you could eventually lose all of your coins when you intend to purchase or buy a coin . Investments do have risk and lossing partial on your investments is a normal thing but it shoudlnt be tolerated. We must maximize all of our money on doing investments so that we would earn profits on long term. Investments are risky but with proper research we can minimize those risks to avoid losses, and if you want to invest in altcoins then you can go for it by looking at its volume. |
|
|
|
To be honest, i don't know why this thread have so many pages?!?! It is easy! Savings are for stupids, investments are for smarts! You're welcome and good luck!  Really dude ? I loled at this, savings are not stupids, it's a smart move. Every people have their own opinion about that, but savings are not stupid. In the other hand, investment also not stupid. It's really depend. It will depend on the needs of an individual and how he views things around him as there are many people who don't want to take risk of investing, and in that case they will only prefer to save their money. |
|
|
|
|
Show Posts
