people uses bitcoin because it is very flexible and has wide area's ininternet where bitcoin is exchangable with other sevice or currency or any other cryptocurrency. in addition to that buying and selling is very easyer and far more protected than real life and tats the common reason people are getting attracted to it
And the other advantage is that bitcoin cannot be stolen as its in digital form so no one would be aware that how much money you are carrying in the form of bitcoins as there is always fear of getting robbed or money gets stolen in fiat currency. |
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Investing bitcoins in altcoins is the only way I can see to make profits and its better option then investing in those hyips and cloud mining sites as it will never give you positive returns as it were giving in the past as now most of the sites are only interested in scamming you.
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If we talk about earning a steady income from this forum then signature campaign is the only way to get it but in real world there are many ways to get steady and stable income and the best way is to have a full time and get paid for offering your services to an organization.
Yeah having a job will give you an clear picture of your income and depending on that you can plan your expenses as its very hard to find any steady income in online world and will keep on changing depending upon the price of bitcoins. |
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Trading is investing.
When you are trading no matter how short of a period of time you hold your wealth in a particular stock or altcoin you are still investing in that vehicle because you are still risking to lose All your money on that investment.
Trading is dangerous especially with margin, personally I do not have the balls of steel to trade with altcoin as they are so damn volatile.
See what's best for you yourself.
Agreed trading and investing goes hand in hand as even if you want to trade then you are investing your money in buying some altcoins so there is not much difference in both of them and the only common thing among them is that they both are risky in nature. |
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I like the way bitcoin is being transacted easy transfer of fund and I like the various ways of earning the coin particularly selling of skills gathering satoshis with faucets and signature campaigning all these make earning Bitcoin as serious business.
yes the way of its transaction is really very convenient and very easy and faster. Now we can easily pay from our mobile phone with our wallet app with a few clicks which with bank account or any other payment processor is very difficult. Yeah and the best thing it saves lot of time and energy if you have bitcoins in your wallet as you can easily send or receive money with just an click of an mouse and that also with the lowest fees and that makes bitcoin the best in terms of payment methods. |
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I'm saving my bitcoin for future purpose. I'm getting serious with my life now so I don't have enough time for making fun of real money.
Though it's not that bad to have some good time with your coins for buying things out which you need and have fun with those things.
But right now, I'm more focused on my future.
If you can afford to spend them on buying things then you can go for it but it would be really good if we don't spend them right now and instead save them for future as bitcoin is an valuable asset and it should not be wasted in buying unwanted things and if you still have an emergency to buy then you can use fiat currency and keep your bitcoins intact in your wallet for future purposes. Yes I do afford to spend them for buying things that I need. But upon seeing the price right now, I'm not going to spend it or buy anything with it. And that's why the best thing to do right now is just to keep on holding it because we know that price will be increasing again. That will generate profit to all of us in the future and can give us decent life. There is nothing wrong in spending them when price is high but as of today its not wise to spend as price has gone down and you can spend them again when price starts recovering and come to its original position and as of now holding is the best option. |
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I think bitcoin will die if everyone store it and will not use. Second is if no one use bitcoin and if not accepted in online shop.
I think what you say will be impossible. impossible all users will store all bitcoin them simultaneously. and seems to have a lot of stores that start accepting bitcoin now  Yeah that is impossible, in fact the current price of any commodity is the agreement the sellers and the buyers have reached about the price of something, when there are more sellers then the price goes down, and when there are more buyers the price goes up. The graph of bitcoins will depend on the law of demand and supply as if demand gets higher then it will directly help in taking price higher as we know that the supply of bitcoin is limited and it will be limited even in future but there is no limit for demand so you can expect much high price in future. |
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Bitcoin is only digital currency right now and I don't see any competition to it at a moment but things may change in future when it may get replaced some new and innovative currency and till it happens enjoy the ride with bitcoins as it will never disappear.
but i think in some places it can also be use as fiat currency in local shops and specially in such areas where more and more people are practicing bitcoin. Yes but those places are very limited at a moment and most of the countries are not accepting bitcoin as a mode of payment so to spend them you have to exchange it to fiat but in future we will find many places where we would be able to make payments directly with bitcoin. |
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If i get 40$ bitcoin every month, at first may be i'll hold all of it for several times. I do that because this is time when bitcoin's price relative going to high. For me better to collect it until enough amount while creating plan to trade it.
Trading is always a good place to invest your money as it will make your coins grow in long run which may not be possible with gambling and it will take all your money away from you so its good to put them in trading and start doing small trades. Invest in altcoins will low price and whose volume can go higher in future but its very hard to predict which will be the right coin to invest so before investing do a good research and hopefully you will be making some good profits in future. |
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I don't know whether there are other bitcoin forums or not but to be honest this is the best forum to earn bitcoins as it is running since long time and you will get scammed only if you are willing to and this is the most trusted place to earn bitcoins.
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Bitcoin is not yet popular in my place and not many knows about it but I have a plan to start my restaurant and I will give them an option to pay via bitcoins and that will draw their attention in knowing bitcoins and if they start using it then it will definitely help bitcoin economy.
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If you want to earn that amount then you have to be ready with multiple ways of earning them like signature campaign, trading, offering services and lending and if you can manage to do it simultaneously then you will be able to reach that amount in that time period.
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Whether you believe if you Continuously Buying The same number, one day you can win the lottery. there i read some stories much people can being rich by using this way.
Here in my country most of people here who always get a raffle coupon in lottery they combination number was always depend on the date birthday of their love ones it can be there husband, wife, son or daughter or their own birth date combination. And this was accustomed by many up to now maybe it is their mind-setting that it is their lucky number. Yes, I was spent some money on betting to lottery with the same rule, putting the numbers so many times, I mean every time I play lottery, and was not yet in lucky day to draw those numbers. And yes in my country too it is totally used as way of playing the lottery, their lucky numbers, birthday and special days of their lives. as lottery is totally depending on our luck and if you are not lucky then you cannot make money from lottery for every time as lottery is totally depending on our luck and i think no one can be lucky for every time. Yes you cannot depend only on luck every time to win money in gambling as luck will not always support you and most of the times it will go in opposite direction and winning money from lottery will need super luck which may not be possible all the time. |
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Worst mistake was not betting on the right time when there was an opportunity of making money as I didnt keep an close watch on the game and missed to bet at the right time or else I would have won a huge amount in that particular game.
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Gambling. Is It Wrong?
for me it is wrorg wrong wrong
i lost 2.05btc
ihave 0 btc now
Sorry for your loss, don't blame gambling for your loss! forget about your loss and don't ever try to recover it, you'll lose even more if you do. start from scratch and avoid gambling/gamble in a controlled environment/with spare money, i too once have had lost all my coins and started from 0 and now i have good amount of money locked away in paper wallet. So after loosing do you still gambled and collected that bitcoins or you earned those bitcoins in other ways as I have lost many times in the past so now I don't gamble not even for fun and instead I try my luck on trading sites from where I can earn some profits. |
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Whatever I win I prefer to spend them either in buying some goods or on food and clothes as its a free money for me so would not like to save it and spend it on my friends and family and that is the best way to treat your gambling winnings.
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I will never dump my coins at this stage no doubt price has gone down but it will rise again and dumping all coins at same time doesn't make any sense to me and even if its giving me profits I will never sell all my coins and will keep some for future benefits.
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With altcoins on the rise like DASH, I'm extremely worried about bitcoin. If bitcoin dies then confidence in all crypto coins die.
Bitcoin isn't going to die. The price rose too high in a short period of time. This is just a correction and the ETF rejection could be a factor but it took a few days to drop. We will hit a bottom soon and price will gradually increase again but more slowly. Even $1000 is a good price to holding instead of reaching to extreme level and if there is a major pump in the price then it will surely follow by major dump which could be an risky affair so its better to move on slowly and steadily to a descent level. |
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I do not trust any alternative coins at all. For me, the best choice is simply to hold your coins and wait for a price increase to sell. But lowering the price to buy
Some alt can be good invest and some ICO as well, but before investing in ICO coin research it, I made some good income for some like 5-6 time invested. Its i risk can say it not but can be very profitable in the end with right coin invested. From respected ones now see that Monero has big influence maybe you should try with this one. Monero will be a good player in long run so if you invest in it right now then you can expect great returns in future as this coin will never disappear in quick time as it has huge volume and also in the market since long and holds good reputation. |
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Many people would have sold today when price started to go down as they would have thought that it can go back to 800 level in next few days but if you managed to have patience and if you are still holding your bitcoins then you will be winner in long run.
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