Why selling everything i dont think that would be very great for the people who having bitcoins because why selling all of them if it dont need to spent all of it. Never sell everything just invest everything.
of course that wouldnt be a really good thing to do right now in my opinion, i would definitely not do that in order not to sell bitcoins I do not think that you should sell everything at once because you should still save some Bitcoin for the future when the price is going to rise. If you sell everything and the price is rising again you have no Bitcoin to sell at that point. There is chance to bitcoin become more valuable and widely used as payment in offline stores, right? That what we waiting for to be happen in the next few years. Why we should sell everything instead of saving our bitcoin until that time, it would be more profitable |
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Paying with bitcoin can be similar to using credit cards but without a bank as the middle man. It puts the money in our control and creates independence from banks.
Thats true paying with bitcoin is hassle free. It favors mostly an online entrepreneur and freelancer. Imagine you have clients abroad and you receive your payments in a short period of time with minimal charges unlike money transfer. Bitcoin offer some advantages than using fiat money, as it more widely use. I like the way to earn and savings bitcoin as my future plan. |
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Bitcoin, as we’ve all seen, is a mixed portrait; it goes up,
it goes down, it goes up, it goes down. It’s hard to predict
where it will go. But I think bitcoin will last forever, or it has
a future since many users are in demands for bitcoin.
Bitcoin could last forever, as it designed so. Bitcoin demand so highly in the last year even there was hacked incident in this year, bitcoin could rise again. It has good foundation and advantages compare with any coins. |
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Now in some places to buy goods directly can use bitcoin, how to conduct transactions directly using bitcoin? Because I place no purchases using bitcoin.
Nowadays has developed, which initially buy goods directly can only be used with the currency and credit cards, and can now use bitcoin although only in some places. Is it possible that the next few years means of exchange for transactions money initially turned into bitcoin?
What do you think about this?
Bitcoin is used by a very small number of people. I dont think it can completely send money out of use.Governments will never allow bitcoin to beat their national currencies Yes that is impossible that bitcoin can ever replace paper money in future and even if bitcoin gets more popular in future it can never exceed the number of users of fiat. It is possible of course but the chances of making it happen is very dim, bitcoin is not a big thing if you will compare with the paper money which is enforce and regulated by the government, you cannot deny the fact that we are all using paper money and we see it as money than bitcoin. Bitcoin couldn't replace fiat money because the currency of every country is fundamental thing. as we know bitcoin juxtapose with fiat money as the exchange rate comparison, so it's support each other. |
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Yes. There is a very very safe way to increase your Bitcoin holdings. Here is the secret - work hard and store your coins securely. If you are too lazy to work, then forget about increasing your coin holdings.
And I think the safest way to earn it is from signature campaign, no doubt the payouts are not too high but if you can manage to save all the earnings then it can take the amount of your coins to higher level. Yes it is the safest way as there is no risk involve especially if you are enrolled in a long term campaign but if you will just stick on this it will take less than a year to earn 1btc. Just using a year for earning 1 btc?come on man, there is the another way are better and need for try than just relying on the signature campaign. a years is a lot of time for just earning from the signature campaign and from trading your can made over 1 btc just in a short time. Signature campaign is the safe way to grow bitcoin though it need a while to earn BTC1. Trading offered shorter time to multiply your bitcoin, however not many people could do it well. Maybe you could share what coin is better to trades for. |
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Of course YES.
Any stealing acts is illegal.
It's doesn't matter what you are trying to steal.
It's still a bad thing.
So don't try it if you don't want to be punished.
Of course it is, what matter is hardly to know who's the one that steal those bitcoin. What we can do if it is stolen, just let it go. That's why always set second verification of your wallet, it help to be more secure. |
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I do not want to speak to soon because when we were still in 2015 people were also saying that 2016 was going to be the year of the Bitcoin and that was not true.
I am just going to wait when we reach 2017 and see for my self what that year is going to bring us.
Because that's what we were always saying. Even if we go back a few years, we were always saying that next year will be year of bitcoin. Just why don't we celebrate every year as year of bitcoin then? Actually they didn't even realize it. They keep on telling that next year is a good year when the fact that it is shows in the charts. From a $300 dollar price to this. Every year of bitcoin is always good we just keep track on the downside that is why we dont see it. Yeah, every year should be celebrate as year of bitcoin to memorize the first time bitcoin launch to the cryptocurrencies world. We could see there are significant increases from $400, even at this month when the price reach $600 to $640, that's not just a little increase. We're still waiting what 2017 would bring to us, is it an increasing or decreasing, we hope the best. |
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As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.
Yeah, of course bitcoin being used for illegal activities, it's like currency. Anything that could be use as payment, can also use for illegal activities. Moreover, bitcoin has advantage as anonymous transaction that can't be tracked and more fast to transfer it. More likely to use as payment to illegal activities. |
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The mining is becoming too expensive and none profitable. I think that will bring uᴉoɔʇᴉq to an end. Another problems is that there is only a few miners left controlled by a few making them controlling moondollars. It's no longer the currency of the people but a currency of the few rich companies that runs the show.....but for how long can the continue?
I have been looking at Rimbit instead since it is premined and therefore don't need the middleman with the expensive hardware for transaction validation. Instead the validation is done by the wallet's running on peoples computers. As I see it it's a currency for the people and it will stay that way. Sadly it's still fairly unknown.
Time will show how long moondollars survive but my guess is not more than 3 years......please challenge that statement with serious arguments.
It is true that most of the mining sites are design for ponzi scheme only, that's why many of the member's don't trust it. Even in my opinion I don't trust it too. its hard to determine on which mining site are legit anyhow. However, bitcoin will not going to die even the community will disappear bitcoin will still exist, unless if end of the world comes well, that's the time bitcoin will gonna die for sure. I agree with your statement no matter what circumstance would affect on bitcoins image but still they dont have connections on bitcoin existence. No matter what bitcoin wouldnt die as long people are still using it and it would surely exist for long runs. The usage would really depend on people who holds it. Which mean, even mining sites or community are gone, bitcoin would stand still. There are people still using bitcoin, it will be better if there are another way to grow bitcoin and more adopt in worldwide so bitcoin not only depend on community. Daily using of bitcoin in several countries as payment on stores or in Australia bitcoin as salary, that would be good if more expand to another thing and countries. |
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what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
I will choose bank of course! why do the banks are afraid of bitcoin? Maybe because they don't want to loose their client or customer. why banks are not much smooth and faster like bitcoin? I think banks cannot give low charge of fees in every transaction rather bitcoin is very low in every transaction. And can't solve the problem to our mining. Well, we need both of it because bitcoin wallet can't do a few things like banks, many if us simply convert bitcoin into fiat money through banks transaction. I think bitcoin wallet and banks have it own advantages |
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I only learned about the advantages of using multiple wallets a couple of weeks ago. I learned that I have to have separate wallets for sending, receiving, and bills payments. That way, I could lessen the risk of theft and I could put my BTC in several wallets to spread out my eggs in several baskets, so to speak.
Yeah, people use so many wallet due to the safety of our bitcoin. My friend ever told me about his lost of bitcoin in one wallet because get hacked and advice for me to use multiple wallet and second verification to be more safety, Anonymous transaction of bitcoin has been an advantage but also disadvantage to track down the thief in bitcoin world. Moreover, in every country have different laws about cybercrimes, we don't know where or how to report the crime   |
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Investment what i doing is multiple investment to lessen the risk of my money, and also i have savings for back up of my investment since savings is one form of investment.
Yes but if it is saving just by yourself and not putting it in bitcoin will be a little slower. Banks also are slower so I would really suggest that it is in bitcoin currency. In case the price goes up you will be taken by the wave. I think, some of us here misunderstanding about investment and savings. Investment = the accumulation of a form of assets with an expectation of profit in the future Savings = put aside of our income/allowance with the amount depending on our level, and at any time can be taken in an emergency. So, if I buy gold or some kind of it from my earnings in bitcoin, should I said it as investment? I prefer it as savings if I put my bitcoin on gambling sites or else and makes profits every weeks in return, I thought it as investment But, if I just savings my bitcoin and wait for several months, should I consider it as investment? Just like if you savings big amount of money in Banks for several months and get more money in return. Investment and savings have similar meanings but different in purpose, The different between both of it are how big the results obtained and you can't just withdraw your investment (instantly) as you can do with your savings. |
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This is the right time to buy bitcoins because in future the price will increase, so buy coins as much as you can. The price was stable somewhere between 600$ to 605$ but now the price will start increasing and reach 640$ almost so it is a golden time to buy coins amd get good profit in future.
yes, when op state that BTC1 = $600 he should bought it, because now start increasing around $640 and I remember when the people at the forum said their predicted that the price will reach $700 in the beginning of 2017. Few days ago, precisely on Tuesday when the price start rise it coinciding with the decline in Samsung stock because the withdrawal of samsung galaxy note 7 from the 10 countries. I don't really know is it related to, but anything happen and impact positively on bitcoin would be good for us. Some people here know better about what happened that will affect bitcoin price, but it need big amount of money involved to influence it. |
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yes gold is better than bitcoin and any other thing because is it the strongest and the oldest valuable stuff in the whole world but bitcoin is currently not that great but it has a potentiality to become a legend it just need some time and popularity once people started using and trusting in it then it can maybe cross the double value of gold
It is true that gold has high value in order for use in our life, it usefulness. and since centuries ago until now people always collect it as medium of exchange or for investment, gold has massive adoption worldwide. But I think bitcoin has several advantages compared to gold, even now the price of bitcoin higher than gold, if we calculate BTC1 equal 15gr of Gold. Moreover, you can transfer bitcoin worldwide easier with low cost than gold. |
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Gambling is the best way to make 7 bitcoin with capital of 27 bitcoin try to play on bustabit.com where you can bet 1 million satoshi there and you can easily win 0.01 per bet if you gonna play with smart and you will use your brain to not greed and you will be fine for sure
thats true but it is also really risky in my opinion, i think it is better to just hold it all and not risk losing Yes, gambling is very risky, but it's high risk high return. With 7 bitcoins i'm sure you can earn profit everyday in a smart way. Gambling on sportsbook and play smart, at least get profit 10% for each day. Playing on sportsbetting would be possible but it cant guarantee you to achieve such amount because you may not win anytime and also it needs luck in able to win even if you have the positive odds. 7 btc is big amount and there are lots of things you could do from it. Well, it really depends on how we gonna diversify it in able to grow that total bitcoin holdings. One things is for sure, reaching 17btc out of 7 btc would really takes time. You were right, it need times to be able make BTC17 out of BTC7. In my opinion, just holding your bitcoin would lead to no where instead of make it grow because you need a long time period. If you good at gambling and fine with high risk of it, just play but I wouldn't do that. Some people know better option but they won't share for free of course unless your friends. I will start my business through online or offline, cooperate with some of my friends or just by my self. What business? it depend to where you live and what people need to buy from time to time. |
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There are some planning about starting my own business cooperate with my friends which engages in the field of services, selling goods and exchanger. Hopefully will start in the near future, for now we should raise our capital to start over.
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For a part I consider it as gambling but I also think that is logical due to the fact that its very risky and you are exchanging money for something.
I think its almost the same and that the risks are the same as it so yes!
The thing that a lotnof people think that trading is just like gambling because they have no idea in trading. Everyone know that trading and gambling is two different thing . They compared in risk factor only , nothing more? You are indeed correct, actual trading is gambling. But trading is better used for those who do not want to get addicted and don't want to get something very bad thing if the always use it. Gambling and trading differences did exist in the risk, so if we see well then all the gambling and trading the same Good point! Trading is not addictive as gambling really addictive. Have same factor on risk doesnt mean it can considered as same thing. Gambling and trading is two different thing with different method to reach certain goal. There are some common similarities between gambling and trading - both of it need capital to stake - we don't know for sure what the results (loss or profits) - we can analysis both of it to win - risky is just one part of it You're right that gambling and trading are two different things, but I can say trading could consider as gambling as they have some similarities. |
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If you want to make sure your money is almost the same if you want to safe it use gold because gold wont get a lower value of it and bitcoins can drop to even less than 1 dollar each so make the right choice.
yes but if you want trade and want to make money then you have to take risk and only then you can make money and therefore you have to invest in bitcoin although there is a possibility of the price decrease and there are always more chance that the price of bitcoin will increase. therefore to me the best option is bitcoin and the gold. I will choose both of them as savings and investment. I like to say that gold has good price every time (stable) more safe as savings. I thought bitcoin as investment when you want get more profits more than you spend to bought it, from time to time the value of bitcoin keep has increasing even some time it be able to reach a fantastic price, bitcoin like online gold for me but risky  . |
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Just try to find other thing that you like to do like reading books
I think the most important thing when you want left gambling forever is your intend to, determination to quit. When you already have it, I thought you won't come back to do gambling again or avoid what you want in the first place, the cause why you left. I agree, get another things to do will make you keep busy (even your daily routine like working) and have no time to think about gambling. |
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Probably the best thing, before you're going to make an investment, is to also save some money, otherwise that may not be good for later, and this can also be risky for yourself..
that's a good way ti manage your money, i think we can manage ourmoney with using acounting aplication, like general ledger etc. we can calculate our profit each month, that's very good for long term management. Listing your monthly salary- expenses= savings which i believe it would really help you to save up more and we must limit unwise spendings on our money its better to save for future purposes than to spend at all. Prioritize all things first like needs and bills no other than that. You're right, to set a limit for spending but you need set how much you want for savings. I do believe that you have to spend what left after savings your salary. Create an investment for your future like purchase some land. But the most important thing is to manage ourselves whichever to spend our earning. Even if you have huge salary and much savings but if you can't control yourself and being extravagant, it will vanish. Remember, buy what you need not what you want. |
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