in my opinion, in 20 years either bitcoin will become a giant virtual money or it will be destroyed. but in recent activities shows me a great hope to be an optimist about the bright future.
No, it will not be destroyed. Bitcoin 20 years from now will be a great currency and it is not going to be destroyed because many people are going to get into bitcoin. And they are going to be attracted to invest in bitcoin because of the price increase that they see on it. Bitcoin will be famous and well known by that year. It is very difficult to predict anything with any currency for such a long time. In any case, there are only two options: either he will survive, or he will die. It is difficult but if we have basis such as chart, we can saw a keen and fast prediction about it. If you will have to take a look at the chart of bitcoin from the year way back it started and up to until now. You can see on how bitcoin rapid growth of bitcoin. And if this is going to happen continually, we will expect a big volume of transactions and price of bitcoin in the future. |
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I am relatively new to this whole crypto thing. I'm still strugling to understand a shitload of info, terms and generally the way this industry works. Are majority of you guys here of IT background?
Is it possible to fully educate yourself and understand crypto technology if you are not dev/programmer?
I'm an IT graduate but I'm not that expert with everything. I just recently know bitcoin and everything about crypto currency because it is not being taught in college. I believe that not all the people here are into Information Technology and since there is internet where can you search everything out about crypto's, don't give up. You just need time to study and adopt this industry. Is there a thread on this forum that attempts to explain some basic stuff, I cant find any.
If you mean as a beginner, you can go here at Beginners & Help |
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At the moment I can't realy save the bitcoins but I'm trying to change that and from my perspective saving is for the need, for the future not for fun. Fun is spending bitcoins.  If the price continues to go that way bitcoin savings have the nice future. Why you can't save bitcoins at this moment? Just keep on saving mate and it's needed for you to have a better future. It is fun to spend bitcoins but when the price is at good state. And today the price is quite too high for us already so if you are a saver from the past, you can now have fun with the effort you did from saving bitcoins. |
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Both are good, but you are ''stupid'' if you don't invest in bitcoin/cryptocurrencies.
I don't find those people that don't want to invest in bitcoin or any crypto related investment as stupid. Maybe they are having doubts on bitcoin but lately I know they are going to realize that bitcoin is something. If you will have enough money for investment, you can have more when you are going to start holding it just like today. |
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Better find out for yourself because no one here is going to give the best method here ,except if the people who answered really does want to help you. Go watch youtube and see what can u come up with. Most of the people here do trading,mining,gambling and offering their service.
Don't say that no one will give the best method here. Because there are trustworthy people that are sharing their thoughts, experience and knowledge on how they are earning bitcoins today. I find tutorials in youtube are helpful but not all the time is going to give you an exact and detailed way of earning, it's better to listen out people here. |
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There are alot of ways in earning Bitcoin and being here is a first step other than trading.
Joining signature campaign, social media campaign accomplishing tasks and more so there are really a lot more way of earning Bitcoin.
I think in addition to this forum, there are also other methods such as ptc, blog, etc. Do not just rely on this forum. Try to explore the existing methods outside the forum. It will always be the best thing to have other source of income and it's good if you are not going to rely on this forum. But earning with PTC it's not going to worth with your effort there but with blogging you need to have a patience on it before earning good amount on your article. I consider blog as a good way of earning. Blogging is a good way of earning but it is very crucial and it needs a lot of work to make things work out. Having a blog does not mean that you will earn since your income will depend on the number of traffic on your blog. An intense marketing and promotion is needed to make a blog work thus signature campaign is still much better than a blog. Yes it is a good way but you should need to put and exert effort for getting attraction for your blog. Because most of the successful blogs are those that are interesting and helpful, once you think that you can create a very helpful blog that is almost and dealing with everyone. You just need to do the job of advertising to promote your blog and soon you'll see people will visit your blog. |
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I dont sugest ico because the most of them will be just a dump before a pump, or something like those, i would invest into altcoins that are quite atractive to invest there is a risk but without risk no reward, soo you need to search the code and see if its worthing to invest or no.
Why not to suggest ICO's? we know that most of the people are into ICO's and on that way it is giving them more profit. And as you join those ICO's you will have chance to earn too. ICO's are working that way so you don't have to think about it will be dumped after the pump while there's a pump take the advantage on investing there. yes that is right one can really get good profit from ICOs as ICOs offers special discounts and some time give some extra coin in ICO therefore investing in ICOs is a good decision, but you must keep it in your mind that there are so many ICOs which are scam and that can take your money sway, therefore you need to be too much careful. 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. |
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It wont bank will always be the best place to store your Money .
No Replacement For bank In near future .
This is what I can see in the future even bitcoin will be popular and will be on the trend still I believe that banks will remain. The government and the whole country needs a bank to play for the economy. I don't think that the government will allow bitcoin to do something or manipulate the banking system because it's a big source of income for them. |
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I dont sugest ico because the most of them will be just a dump before a pump, or something like those, i would invest into altcoins that are quite atractive to invest there is a risk but without risk no reward, soo you need to search the code and see if its worthing to invest or no.
Why not to suggest ICO's? we know that most of the people are into ICO's and on that way it is giving them more profit. And as you join those ICO's you will have chance to earn too. ICO's are working that way so you don't have to think about it will be dumped after the pump while there's a pump take the advantage on investing there. |
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There are alot of ways in earning Bitcoin and being here is a first step other than trading.
Joining signature campaign, social media campaign accomplishing tasks and more so there are really a lot more way of earning Bitcoin.
I think in addition to this forum, there are also other methods such as ptc, blog, etc. Do not just rely on this forum. Try to explore the existing methods outside the forum. It will always be the best thing to have other source of income and it's good if you are not going to rely on this forum. But earning with PTC it's not going to worth with your effort there but with blogging you need to have a patience on it before earning good amount on your article. I consider blog as a good way of earning. |
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I feel sad obviously but can't do much about it. I try now to trade more long term, buy a few promising alts and hold them as I find day trading way too stressful and tiring. I have always lost in day trading so long term trading works out a little bitter for me.
All of us are going to feel sad when we are going to lose in trading. It's a normal feeling and you are not a person if you can't feel sorry and regret when you are losing. But with those loses it is teaching us on how to become stronger. With the lesson I learned, I started to hold for a longer term because I can see it's more promising. Lose is the reward for greedy traders but it is a good thing and not a bad thing to be the reason for us to be sad because getting a loss from trading is like learning a lesson from a teacher that can improve us in trading and also to be able to make better decisions. If you look at your coins that is having a losing moment then don't sell it and keep it for long term to above getting losses. I don't think it's good to say that it is a reward for greedy traders. How about those newbies but they experienced to lose some good amount when they started to trade. Not all the time it's good to say that losing is a reward for greedy people. But yes, it is a good thing that you had experience lose so that you can learn and in the future you can take the advantage. There is a saying that "sometimes, we win and sometimes we learn" there is no such thing like getting a loss because loss is for those people who just accept the fact that they get a loss and not to turn that loss into lesson to do better decision and also do better trades than they can before. Loss is very common in trading and it is up to you if you will make it as a loss literally or a lesson. I'm a bit confuse with what you said but I agree with loss is a very common thing in trading. And you won't be called a trader if you will not experience lose. The best thing to do is just to accept the defeat and learn from it, believe on that saying that when we lose it is giving us something that we need to learn more. |
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I'm really hopeful about bitcoin,
Day by day it is becoming on of the popular forms of money and already using as a virtual money. but it needs some amendment in the rules and regulation, it should be more viable and credible so that people can keep trust on it. otherwise, it will be a destroyed.
It's credible and viable, only those people that are not using bitcoin will tell negative things about bitcoin. It will not be destroyed, what do you think about he market cap of bitcoin, it is not something that can be destroyed with a single blow. And if there are dumps, traders are taking the advantage to keep on buying that makes it stronger and better. |
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As of now, I think I am nearing 1 BTC in my offline wallet and I am grateful and excited that bitcoin continue to rise, which means it increase my dollar holding equivalent. I am thankful that I joined in some successful ICO before, it really help me earn additional bitcoin.
Good thing that you have 1 bitcoin in your offline wallet. Because when I was still new to bitcoin it's almost a year before I reach my goal to have 1 bitcoin. But that is worth it and right today I still doesn't have that much though I believe that one day it will give me a good income when the price gets higher soon. Congrats your 1 bitcoin will become come true. Like me before My goal I want 2 bitcoin in my wallet to reach my goal I will not sell my bitcoin. All my earnings in trading, gambling site, ICO, and even the signature campaign goes to my wallet. Im very hapoy because I reached my goal and after that I sell my bitcoin and I buy my needs and wants. I have goal for this year I will not sell my bitcoin until 2018 but I will sell my bitcoin If I see the price of bitcoin will reached their maximum price and If I see my profit is good I will sell it. I have 2 wallet all my earnings and my bought wallet for holding. You can do it and it's very possible that you can get that 2 bitcoin. I suggest that you should stop gambling or just control yourself when you are starting to gambling, though you reached already your goal it's better if you are going to keep on dreaming and having a goal that you want to earn more bitcoins. |
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Day by day it's getting bigger and better so I can predict that the future of Bitcoin very stable. More more function should be added and friendly which attract people to come join here. When more people come here more activity will run and this is the way to be sustainable.
Yes that's true the future of bitcoin is very stable. Though the price is very unstable but that is in the positive way. And we are near to the mass adoption of bitcoin, what's happening today is that the adoption is gradually being accepted by the people. By that way, people will have the time to see the growth of bitcoin in the future. |
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Probably not without any investment. You usually needs money to make money.
You should join a signature campaign or just invest some of your real money to start.
He can if there is no investment but he needs to work harder. But to get a better result you need to invest somewhere that is offering realistic return and is a legit website. Maybe he can work for sometime and try to offer his skills to some companies and when he earned from there that can be the start of his earning from trading of altcoins. i think every one can make 100$ but its depend with how hard he can do. i remember when i am first know bitcoin, i do everything i can to earn satoshi by satoshi for a very long time until i can use my satoshi to trading. i am do it in more than 2 months because i am not 24 hours in my pc so i only can work at least 2-3 hours per day. Yes everyone can make $100 and as you said depending on how he wants to earn that very well. Everyone started with a faucet and I know how hard you will need to get into it just to get those satoshi's. But that's a good thing that you started to invest that with trading. Even you work only 2-3 hours but when the coin that you used to choose is pumping. It's good. It is very easy to earn that $100 amount in trading with a good capital because it is not that hard to trade because most of the exchnager now are user friendly and the charts and buying and selling is easy to do and it is not that hard to understand so i think it is better to just stick with trading instead of using faucet which is useless. I like on how the exchange are becoming user friendly. But don't say that it's very easy to earn that $100. Have time to consider to those newbies that wants to earn that amount in few months, it may easy to all of us but it's not easy for them. And they can do it from time to time and just keep on learning with the experts. |
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in my opinion, in 20 years either bitcoin will become a giant virtual money or it will be destroyed. but in recent activities shows me a great hope to be an optimist about the bright future.
No, it will not be destroyed. Bitcoin 20 years from now will be a great currency and it is not going to be destroyed because many people are going to get into bitcoin. And they are going to be attracted to invest in bitcoin because of the price increase that they see on it. Bitcoin will be famous and well known by that year. |
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Bitcoin will always be the top cryptocurrency, alternatives are just copies of it or scamcoins. No altcoin will ever get past Bitcoin, even if it has some problems right now, but the problems will be fixed soon enough. No large company that accepts Bitcoin will ever accept some altcoin.
It is the king of all crypto currencies so why there's no chance of a new crypto currency or an alt coin to replace bitcoin from its current position and popularity. I don't focus with negative things about bitcoin instead of thinking about it, go for the positive way everything about it. As said bitcoin is the king of cryptocurrencies. The altcoins were just the followers which got developed based on the bitcoin's technology. In reality altcoins support in the growth of bitcoin with the competence, but at any stand this won't make bitcoin fall to altcoins. Altcoins always serve as an alternate to bitcoin, same as bitcoin serves to the traditional currency. Where and when did you said that bitcoin is the king of crypto currencies? Well surely it is the king of those alt coins. And ever alt coins got the whole idea of blockchain technology through bitcoin so there will be no doubt that alts doesn't have a stance against bitcoin. They are good for whatever purpose they have been created and some are just good for trading. |
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Probably not without any investment. You usually needs money to make money.
You should join a signature campaign or just invest some of your real money to start.
He can if there is no investment but he needs to work harder. But to get a better result you need to invest somewhere that is offering realistic return and is a legit website. Maybe he can work for sometime and try to offer his skills to some companies and when he earned from there that can be the start of his earning from trading of altcoins. i think every one can make 100$ but its depend with how hard he can do. i remember when i am first know bitcoin, i do everything i can to earn satoshi by satoshi for a very long time until i can use my satoshi to trading. i am do it in more than 2 months because i am not 24 hours in my pc so i only can work at least 2-3 hours per day. Yes everyone can make $100 and as you said depending on how he wants to earn that very well. Everyone started with a faucet and I know how hard you will need to get into it just to get those satoshi's. But that's a good thing that you started to invest that with trading. Even you work only 2-3 hours but when the coin that you used to choose is pumping. It's good. |
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Just keep on buying bitcoin and for sure you are going to increase your bitcoin or else you can hold it and when the price is too high just sell some of it. And after selling, just wait for the right time to see the price of bitcoin falling so in that way you can have the chance to increase your bitcoin for real.
Definitely buying bitcoin will increase your holdings, aside from that you can work as a freelancer and get paid in bitcoin. Save that bitcoin and your holdings will incease. Though I think the best way to increase bitcoin exponentially is through trading. Yes by working as freelancer and your salary will be on bitcoin is a good idea. You can surely increase your bitcoin by that way. Your thought is true, trading is the best way to grow or increase our bitcoins. But it will still depend on your background in trading. I think you should work in the real world and earn real money. With that cash, you can buy Bitcoin easily. IN the real world, your job is more stable and it can guarantee that you will hardly lose your job You can also work in the online world for being a freelancer as I said because there are companies that are offshore and they want to get people who will work for them virtually. But that is another way of earning and increasing your bitcoin by working for real and buy bitcoins with the salary that you will get from employment. |
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As of now, I think I am nearing 1 BTC in my offline wallet and I am grateful and excited that bitcoin continue to rise, which means it increase my dollar holding equivalent. I am thankful that I joined in some successful ICO before, it really help me earn additional bitcoin.
Good thing that you have 1 bitcoin in your offline wallet. Because when I was still new to bitcoin it's almost a year before I reach my goal to have 1 bitcoin. But that is worth it and right today I still doesn't have that much though I believe that one day it will give me a good income when the price gets higher soon. |
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