Okey guys, so I wanted to buy some bitcoins (0.01 to be precise XD) with my MasterCard and I ended up in a weird place! Look at the price per Bitcoin :  So this Is a huge opportunity for income right? can I do this too? How IS IT EVEN POSSIBLE? :O You can find such offers in any exchange or website where people are bedding to sell their coins, maybe they are not willing to sell but just joking or maybe they think there will be some foolish people who will buy it with that rate, but it is nothing new, you should simply ignore that and find some other place for buying, use Localbitcoins.com which is the best i guess. |
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Not for me because it is fun we can spend our time earning money that we can use in real life, get side income beside main income and we can enjoy money that we get by ourself
Yeah same here, it is really a great feeling to spend your own earned money on yourself, i recently bought a bike for myself using my bitcoins and i'm too happy for that, so for me it can never be boring as it is earning me happiness. |
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Let's face the fact that our population is just a small percentage in the population of the whole world. There's 800K users in this forum, some even have plenty of alts and there are other Bitcoin users that aren't registered in this forum. Even if we add all of them, it's still not enough to influence the remaining ~6 billion people. The paper money would stay for a long time, it can't be replaced easily by crypto-currency.
Exactly, people say that majority has an authority, so the users of bitcoin community are nothing compared to the users of the world using fiat money, they would probably not let it happen that soon, maybe after many years that happens as fiat has been around for centuries and it is widely trusted in the whole world. |
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me i would buy a house (if the price increase alot) a gaming pc games of course and the left btc will gonna be for investment so my bitcoin can still grow
In some countries you can easily buy a good house with that amount but that is not the case everywhere and if you buy a house with that amount even if the price grows, you wont be able to do anything else after that as a house wont be as cheap that you will save some of it. |
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To save money, you need to have a list of all your possible expenses and then whatever amount you are receiving as income then you can budget it. First thing to do upon receiving it is to save a portion of it because in this way, you are already secure that you have saved money because if you spend it in your expenses first then chances are that there will be nothing anymore left in your earnings to go to your bank account as savings.Savings first before expenses not expenses first before savings.Pay yourself first.
Making a list of expenses is good and should be done by everyone willing to save something but saving first after receiving the amount is not the right thing, but to buy the important things first would be better, and then save whatever remains. |
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If I had 21 BTC, I would probably acquire one more to make it 22. I like even numbers.  Some of you are probably thinking I could also sell one as well, to make it a even 20. But really look at 20 and 22 typed next to each other. As it is plain to see, 22 is clearly the more attractive number. I like bitcoins, i don't see numbers, so i would not just acquire one but would try to increase them as much as i can so that i can have way more than that in coming time when bitcoin will be way higher than what it is right now. |
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In my opinion most of the channels that are open for earning some money with bitcoin, earning from faucets, especially with the now low rates, can be a very frustrating way to earn. Perhaps trading is the best option, despite the risk.
faucet is very low earning if we compared with the current rate, but in future if bitcoin price rising to $1000, i think 1000sat is a good amount for solving 1 captha  you are right but there is no such faucet sites which pays 1000 satoshi per capatcha solve . in my opinion the best faucets btc earning site is freebitco.in but this site pays 225 - 600 satoshi only for solving per capatcha per hour . so i will suggest him to earn with two or three multiple accounts in different browser . Even if a faucet pays 1000 satoshi per claim it still is not worth it, because even if you claim 24 hours from there you still wont earn a considerable amount from there, so it is always better to find some other way of earning bitcoins than wasting the time on faucets once you know something about bitcoin. |
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Bitcoin is not very popular in my country, even in my area, there is no people that know about bitcoin and only me using and know about bitcoins.
Same situation is in my country not very popular and the city where i live in i dont think there is any other bitcoin user other than me in the whole city,as it is not a very big city as well.So i think bitcoin still has a long way to go to become popular and to reach and get more popular in my country. What happens mostly is that if a person is using bitcoin in our neighborhood we wont know about him until he tells us about it or we ourselves ask because bitcoin is not something that is used physically right now so even if the people around us are using it we wont come to know like how others are not aware outside if we use something like bitcoin. |
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Whatever year it is, it is a bitcoin year.
I do not know how much is the bitcoin price right now. I checked it lately and it was under $600. It is a good time to buy some bitcoin because many people predicts that bitcoin price by the end of the year will soar high.
Every year in which bitcoin community or the price of it grows that can be called the year of bitcoin as that year would be a positive year for it, and this year was really great for it as it grew very high in terms of value, and also the community has increased a lot in this year and it will keep growing in coming time as well. |
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With that amount at stake. Never safely.
Especially in this economic climate it would difficult to even try and do $20,000.
It wont be risky if someone starts a business in physical world with that amount as that is a quite large capital to start a good enough business outside internet, and it would be way better if someone does that as he will the manager of that money himself without any fear of losing them in a scam or something. |
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earning bitcoin means earning money, so to me if some one is earning a good amount of money because of bitcoin then how can we consider it as illegal.
The title is saying something else, it is not about legal or illegal, it is about is it boring to earn bitcoins or not. And what i think is it depends on the method you are using for earning bitcoins, if you are using micro earning ways like faucets ptc sites etc then it would probably be boring for you, but if you are earning good enough from it then it wont be boring at all. |
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My plan is to get as much bitcoins as i can to have more of them and then do bitcoins/altcoins trading to earn even more bitcoins in future, and then i will be rich
Same here  i've always been thinking or i'm always thinking about this that i will have a good enough capital first and then i will start trading altcoins with that which will earn me good profits on weekly basis and then i will get rich lol |
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Do not get blinded by the big numbers you see in hyip sites, they are not true. In some situations they may be true, but they probably will scam you after some time.
They are never true, they might pay just one or two users just to make others believe that they are paying already and when everyone else start investing their coins they just accumulate them and run away immediately. |
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I use the bitcoins for all kind of payments, as a example I use them here on the forum to buy things, mostly digital goods.
I think that its fun to do and that digital goods are nice to buy with the bitcoin, I really like it.
Never used my bitcoins for something like that, though i like to buy things online with my bitcoins but not digital goods but physical ones, and for that i will need to pay a lot of shipping fees which i cannot afford to pay, so i just convert my bitcoins to fiat and then buy what i want. |
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The alternative with less risk may be signature campaign, but the gains are low. For better profits, the market for cryptocurrencies may be a good alternative, but with higher risks, of course.
And the way that has no risk at all nor it has less profits, and that is selling your services, if you have writing skills, programming skills or any other skills like that then you can use them to earn bitcoins, you get paid according to your work without any risk. |
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I don't like some things in the idea, it changes significantly in price within a few days,
At times it could be positive, but there are times that these changes are not advantageous.
Yap, that can be a case in times, sometimes you might get an advantage if the price of bitcoin starts growing after you get your salary in bitcoins but it would be a loss for you if the price drops after getting the salary in bitcoins, in that case it is bad for the workers. |
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It just wont happen at least not any time soon, there is no way right now for local business to accept bitcoin, it doesn't even make sense for them to do it, I don't really see any benefits for them, it's just extra trouble and work for no reason, they can easily lose money just with bitcoin volatility.
Besides volatility maybe there aren't enough people willing to use bitcoins for shopping around where a local business is running, just for a few people a market would never introduce a new system of payment, they would only think of it if they receive quite a lot of requests for such a thing and then they will see if it is legalized so they might adopt it. |
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Yes, it is possible to earn a living with bitcoin, but I do not suggest living just from bitcoin. For me, my life is the most important and I would not put it on the price of bitcoin, but I have very good experience with blockchain because I actually manage to earn a living amount of income from bitcoin and more from blockchain technology related development.
If you mean we should not be satisfied with only one source of income, then I agree with you. Even if bitcoin is quite stable this past few weeks, we should not be really dependent on it. It is better to have a back up job or plan, just in case bitcoin goes south. The more soure of income we have, the more stable our financial status will be. Ofcourse it is always good to have a back up plan like a day job or something but there are people who are earning enough bitcoin everyday to feed a house for a year so such people really does not need a day job, they can simply convert 50% their earnings to fiat and put them in a bank for using and keep the other half online, if the price drops or whatever happens the amount in the bank is their back up. |
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- Price Stability is not much
- If send wrongly then cannot get back
- Easily can be misuse
The unstable price of bitcoin is really not a problem at all because we can earn profits with that if we are traders, you should not just see it as a spender but you should see it as an investor too, if you are investing for trading purposes then stable prices wont work for you at all. And misuse of a currency is not a problem occuring by a currency itself but it is because of the people using it in a bad way, so the currency does not have anything to do with that. |
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