For me it is a reserve of money, as a commodity. I do not see the use of bitcoin adopted worldwide as currency due to the great price fluctuation
It is a reserve money and it is also a good investment. Many of us used to save bitcoin with a longer years because we know that this digital asset will give us a better future. And there's no need for you to take time to monitor the price from time to time, it's been given that the price of bitcoin is going to pump soon. It will be a great help ,a savings for future ,it doesn't require a lot of knowledge and money to begin with yet after a while it will be a hreat help for our future. Bitcoin can make our dream come true. Yes it is a real great help if you are going to make bitcoin as your investment today. As long as you know how to use computer and internet and you do basic reading, you don't have to be an expert in bitcoin. Bitcoin is for every body and that is why many people are trying themselves to know more about bitcoin. |
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tell people that bitcoin is not a digital currency , it is more than a commodity which is decentralized.
This explanation is not going to be enough, you need to make them believe that it is more of a commodity. But it's good if you'll tell them all the facts you know about bitcoin. Because if you will say that it is not a digital currency and they know that it is a digital currency they will not be convinced on what you will going to say. Just yell them they can earn and its not scam since you already experience how it works and how it can really changed life. Let them join bitcointalk for them to see how many people been using it and asprie in bitcoin. Don't be so harsh mate, you don't have to yell those people that are not going to believe with just a single explanation about it. At first, they will have hard time to accept the fact that they will not believe that bitcoin is real and powerful nowadays. It's a good idea that you will let them join the forum and read the threads about bitcoin. |
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Yeah the discounts and bonuses that they are giving for the early comers or investors is one of the great feature of ICO's. There were a time that I don't trust ICO's because there are some that are turning out to scam but I learned that it's our duty to learn deeper about them so that we will know if they are real for their project.
Figuring out that an ICO from a certain project is legit, is just one aspect of the whole. No matter how many time you put into researching how legit a certain project is, there is no guarantee that it will be profitable to you and others. There are enough examples of how legit minded ICO projects have gone down and are now eating dust. Result is that people end up holding a bag with worthless tokens/coins. You have the point, most of them are just good in the first place and really trying to collect as much as they can. And so for me, you just need to do it while it is still a popular project and most of them are only good in the beginning. You need to adjust and get along with the beginning hype. |
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tell people that bitcoin is not a digital currency , it is more than a commodity which is decentralized.
This explanation is not going to be enough, you need to make them believe that it is more of a commodity. But it's good if you'll tell them all the facts you know about bitcoin. Because if you will say that it is not a digital currency and they know that it is a digital currency they will not be convinced on what you will going to say. |
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For me it is a reserve of money, as a commodity. I do not see the use of bitcoin adopted worldwide as currency due to the great price fluctuation
It is a reserve money and it is also a good investment. Many of us used to save bitcoin with a longer years because we know that this digital asset will give us a better future. And there's no need for you to take time to monitor the price from time to time, it's been given that the price of bitcoin is going to pump soon. |
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I do not necessarily lose bitcoin because Im researching all the details before I gamble to some Investments and trading. We all know that education with the steps that you will do will lessen the risk of having a lose in bitcoin. educate yourself to be rich and have a lots of profits in the trades and invetment that you will do.
You are thinking that you want to become rich with bitcoin through gambling and trading investments? I would suggest that don't keep on gambling because that will only lead you to lose more and your dream of becoming rich in bitcoin will fail. Education is riches and you need to apply that properly. true! better to focus more on trading and be equip with knowledge about the certain coin you are playing or investing with.. moreover, batang_bitcoin is right. dont try to focus more on gambling because most of it, you will lose more than what you have earned. lucky if you still have profit, some are just so unlucky that they have lost everything rather than achieving what they want to be rich. I have a bad experience with gambling in the past though I'm still gambling. I found out that when you want to earn good amount, it's not the amount you are earning but it's the way you are going to save your bitcoins. You need to regulate on how you are going to spend your bitcoins or else you will feel sorry about it. |
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There's one thing I can say, if you want to shift to bitcoin for a full time job. And you have a decent job, yes don't quit on it if they are treating you well. But if you can't take it anymore and they are treating you inhuman, then it's the right time to quit that job. Since you have knowledge in bitcoin and you have source, take up the chance.
People don't quit jobs they quit supervisors as in most of the companies your superior doesn't behave with you in proper way and there is lots of politics involved when it comes to promotion and sometimes you feel that you are wasting your time by working there and if you have same feeling then its better to quit your job. Well that's what I'm saying, if they are treating you not in the right way then you will be forced to quit your job. And it's better to if you will take it professionally and you will quit your job, resign if you are on this situation. Because I used to be with this situation and that's why I resigned from my past job because of inhuman superiors. |
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As at today I can said bitcoin is more popular than USD in my area. Many people pick more interest in bitcoin because of it values and nature. You cannot easily make a transaction with dollar without heavy charges but bitcoin has resolved those issues.
No, bitcoin is not yet popular as dollar. Because dollar has been in the world a lot of years already while bitcoin is still a new one. But if there will be some advertisement from the US government that they are supporting bitcoin, it will be the start of the people to believe and will get the bitcoin from their own pockets by buying and making the demand higher. |
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From the beginning of the year bitcoin have been increasing high. Along with the pumping of bitcoin, altcoins too have risen periodically which means the competence between the two is high. For the same we cannot predict that alts have chance against bitcoin.
Alt coins are pumping too even they are going to pump higher that is not going to make them having against bitcoin. All of them are just aspiring successors of bitcoin but they will never replace bitcoin on the market. This is the best and original of all the crypto currency and this will be the truth about bitcoin. |
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Coinbase seems to be working well with me. Maybe their maintenance is already done. Try checking it out again OP. And base on their status, they are investigating into something that leads to their site for down time.
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Now I think the future of bitcoin will get brighter as it has been 2 countries that legalize bitcoin into accepted currency. It is likely that more countries will legalize bitcoin
There are even more countries that are going to get higher demand of bitcoin. And if you believe that bitcoin doesn't have any future then you are just making yourself to get out of bitcoin. The future of bitcoin is really big because many are going to like when they will see the price of bitcoin pumping and flying up to the moon. |
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...it will prove it's the king of crypto
When it was launched it was already the king of crypto's. Because upon its launched, it is the first ever decentralized crypto currency that has been made for people that loves anonymity. There's no need for it to prove as it has proved a lot of things already. Perhaps he means that king bitcoin is just proving that he still rules. As we observe the last few days ripple is trying to become half the worth of bitcoin. Bitcoin have problems yet to solved so other alts are taking advantage. There might be issues that wanted to be fixed by bitcoin core devs. And with the problems that you are saying they are already working on it. Even ripple will get to half the worth of bitcoin or any higher price, still bitcoin will remain as the highest valued crypto currency and that is going to be for a longer term. |
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...it will prove it's the king of crypto
When it was launched it was already the king of crypto's. Because upon its launched, it is the first ever decentralized crypto currency that has been made for people that loves anonymity. There's no need for it to prove as it has proved a lot of things already. |
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You can expect that income from trading if you have invested in good altcoins at the right time and if price pumps heavily in future then you can earn even higher then 1 btc but for that you need to good research before investing money in it.
Trading will be the one method of earning this good amount. And you are going to do some research on whats the best alt coin in the market. You will have a lot of choices from them, as most of the popular alt coins are pumping, you can have variety of choices when it comes to trading. |
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Does anyone know where that guy is and what hes doing these days? Hes not serving pizzas for a living I hope. Hehehe. That would be so ironic.
I don't have an idea on where laszlo is now. I read somewhere here in forum that he doesn't have bitcoin much I don't know if that is for real or he does have mined a lot of bitcoin. But there's one word that he said that he didn't regret when he did bought pizza's for 10,000 bitcoin. Actually I'm the one that is feeling sorry with his move but it's the start of the transactions in bitcoin and he should be credited all the time because if it is not because of him, there's no next move of transaction. |
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This happened recently and as I posted the price of bitcoin reaching at $2,054. Many of my friends started to chat me and they are really interested on getting one bitcoin. If I'm not mistaken, yesterday there are 10 of my friends asking on how to get 1 bitcoin.
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If we do it with more efficiently by knowing the full method and investment of BTC then it will be great source of income.
And I guess that's why OP is going to leave now his current job because he know that he has a good source of income with bitcoin. That's what I'm thinking now, if I can see that I can be good and stable into something then probably I'm going to leave my current job only if I'm experiencing maltreatment there. Everyone wants to be their own boss and want to work and earn according to their convenience and that is possible with bitcoins as it gives you an freedom to work on your time and at same time you can also get enough time to spend with your friends and family and if you discover best methods of earning bitcoins then it can surely exceed your income that you are getting from your job. It is possible with bitcoin but you need to think about it for so many times so that you will not regret in the end. First, with quitting your job, if you have a decent job why there's a need to quit on it. You are treated well and has a good salary. Last, that you did shift to bitcoin or crypto currency and you believed that you can have a decent job with it. So think about it first. One advice I want to share here is to never quit your day job. That way , if you are earning with bitcoin, you will have multiple stream of income. And that is great. It will also enable us to have financial freedom (multiple stream of income) and secure our future. There's one thing I can say, if you want to shift to bitcoin for a full time job. And you have a decent job, yes don't quit on it if they are treating you well. But if you can't take it anymore and they are treating you inhuman, then it's the right time to quit that job. Since you have knowledge in bitcoin and you have source, take up the chance. |
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I do not necessarily lose bitcoin because Im researching all the details before I gamble to some Investments and trading. We all know that education with the steps that you will do will lessen the risk of having a lose in bitcoin. educate yourself to be rich and have a lots of profits in the trades and invetment that you will do.
You are thinking that you want to become rich with bitcoin through gambling and trading investments? I would suggest that don't keep on gambling because that will only lead you to lose more and your dream of becoming rich in bitcoin will fail. Education is riches and you need to apply that properly. |
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Yes. Bitcoin is a internet money which we can use it everywhere.  That's why bitcoin is money, yes it's a real money and we can use it everywhere we want. Like purchasing of goods and services that we want. And if you don't want to spend it, you can make it to a real cash and that's the beauty of bitcoin. It has a lot of purpose and use depending on how you are going to use it. |
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In my experience bitcoin convinces itself and you don't need to help it. For me my technically incompetent friends are the ones asking me for help to get them into bitcoin. With all the positive news flowing about bitcoin everyone is eager to get on the bandwagon already.
This is what I saw with my experience in bitcoin. Even I don't convince people into using bitcoin, in my case. When my friends and I started to talk about our sources of income when I said that I'm good with bitcoin, they started to google it out and saw that the price is good at $1,500 and by that time they started to become interested immediately. There are always waves of people that become interested when the price rocket jumps and even the news talk about bitcoin but usually it's young people that use bitcoin so really in the near future most people will use bitcoin without having to be convinced of it because we are the ones who started using it Because it is interesting to see that there's a type of something like this with that value. And we know people, it's a human nature that upon seeing big figures involved we are pushing ourselves and trying our luck to get into it. That's why there's no need for some of us to convince people but it's also good if we will share it to others for potential additional investment to the market cap. I knew someone before whose not interested on it yet when he see the value of btc now and tell him that in just small figure it goes to be the value now,he just buy btc by then. That's what I'm saying, when people starts to see the price of bitcoin pumping. It will catch their interest and they are going to study more about it. And good thing that guy you knew get to understand the rapid growth of bitcoin and did bought some. Because for all of us we are always attracted easily when seeing high prices for an investment. What we need is people that use cryptocurrencies for their business, sure having a lot of people buying bitcoin is good but that doesn't really help. What we need is business, stores, online shops to accept bitcoin, it's the only way to make it relevant. What do you mean about with the bold part? In what part that buying of bitcoin is not really helping at all? It is good for the economy of bitcoin and for those people that you are going to convince to get into bitcoin. There's no need for them to do force buying because if they are interested to bitcoin they are the ones to do it voluntarily. |
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