I wouldn't say that it is destroyed. But the whole point of Bitcoin is decentralisation, looking at it, China pretty much owns Bitcoin which is definitely not what we want.
I agree with you, if the Chinese people will get most of the bitcoins. Cycle of bitcoins will just rotate to them and it is not good. Because the supply is only limited and if big percentage of bitcoins were holding by them. They could control the price by selling it to someone if supply doesn't last.
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i buy it when i can the price could shoot to the moon any day now better to be ready for the raise.
may be a great time to buy a bitcoin is when the price drops, and has the potential to rise again as it is today. I think many are doing just that it certainly, but sometimes it is difficult to predict the climax when the price drops. and the current prices do not go down, but a good time to buy, because all know that prices will rise more when halving. We cannot predict what will be the exact price of bitcoin at halving, but one thing is sure it will be higher then current price, so buying now can be profitable. Yes so just make some nice action to our coins whatever the output that halving will bring. And besides Im pretty sure that it will top the current price rate so still we can make profit for our buying rate today. This is already a no brainer, if you see how majority react on the nearing halving, you can tell already that the price will rise with a substantial amount and the best way to do it with a minimum risk is to buy now and pray for the future price to rise. Buying today bitcoins is right, it is the best time now to buy. Because when it's price go higher and higher you will just be sorry for not buying earlier. And you can save a lot of bitcoins today if you are going to buy today.
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First of all, Its not going to happen that Bitcoin's Price will be drop to $1 - But if it happens in my dream, I would buy 10000+ BTC and will wait for it's price to rise up and stable.
Your right, it can never happened unless chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin. We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase. yes right, everyone does not believe in this, and it will not happen. because if this happens it is a beginning of the destruction of bitcoin. and I see opinion people mostly, prefer to buy many bitcoin when the price falls to $1 because sure will bounce back. Because every one knows the potential of bitcoin even though it will fall to a very low price, if that happens. People believes that it can just rise fly to the moon immediately.
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Full time on bitcoin sees not bad, u can choose when you want to work and how much per day, but money will be so minor first two months i guess.
yeah excellence working on bitcoin is that you can be the boss for yourself and you can choose the hours of work for you. so you can work at any time. That profit can you get when working in bitcoin. and one more working on bitcoin not too expend a lot of energy it's my plan, get more capital as more as posible, then i made a little bussines, and i own my bussines . better to be boss of your self instead you become an employee. Every one wants to be the boss of their own businesses but of course your responsibility will always be needed once you have your own business. Like, you need to manage it properly, and you are thinking of different billing statements and other problems as well when having a business. You will be obligue to put the responsibility of the company to your shoulders.
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I would go for the gold and the bitcoin both because they are both pretty nice to make profit. Just one for a long term and the other for a short term.
If you have to choose only one then what would you choose? We all know that both are the best when it comes to an investment, but If I had an choice to select only one then I would go with bitcoin. both of them is good, so why we must choose only 1 choice ...? i think bitcoin an gold can survive for long time. Gold will definitely survive for a long time since then it is proven that gold can really a stable source of income but there is a season for it and only few people can afford. Unlike bitcoin, all of us, rich or poor can avail to have a bitcoin.
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Ill predict the price i think this month bitcoin will rise into 500$ or 480$ and by june will dump 420$ something like that and pump again before end of june . Why would you predict that it will dump to $420 ? Dude , better not to think negative about the price increase of bitcoin. Because are all affected by it, and who is the one that wants to dump the price of bitcoin? Of course no one, but for traders they want it.
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If you have reached at least Member rank than the best way is to join a signature campaign. Before I was allowed to join a campaign, I translated and wrote texts. This is very lucrative when you are a good writer or when your native language is not English. So, you could fill the time until you reached the level to be qualified for campaigns. If you are good in programming or doing graphics, you could offer those skills, too.
There are few campaigns that also allows newbie to join them, but if you want to earn descent amount then I think you should build your account atleast to full member and then join. Yeah! but the pay does not really worth your time, it is better to purchase higher rank account to commensurate your effort in posting. That is the secret to earn a considerable amount of coins in signature campaign. As long as you follow the rules you are going to last in the job. The problem with this is, for newbies who bought an account most likely they'll get banned sooner or later. Or can't even join some good signature campaign. Because they bought high ranks but their knowledge on bitcoin are just like a newbie. Much better to stay as a newbie first and start learning. yes you are right it is better for them to use a newbie account, where when they make mistakes or ask them what they do not understand, people will understand, because they are really beginners. Advising newbies that who are really want to generate income immediately to buy for an high rank account is really a bad advise. All the things that indicated to the post about is really possible and it is just a waste of time if that happens, newbies must invest their time to gain their knowledge about bitcoin.
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Well you could show them some links or websites which have already been there for that use or you could tell them in a couple of steps 1. Get a wallet to store bitcoins 2. Start getting bitcoins with stuff such as gambling, dice, posting, surveys and much more 3. Continue until you want to cash out
Yes most importantly make sure they advance. Regardless of the way if they could be sure they are definitely interested in bitcoin. If it had been interested would have been easier to teach. You got the point. Teaching someone who is interested to learn will make it easy for you to teach. You can just teach them the basics, and for sure they will search for the advance. As long as they want to know more about BTC, they can learn by themselves as time goes by with minimal guide/supervision by you. Yeah, it won't be hard if you are going to teach someone who is really interested. But you will get a problem for those who doesn't have the interest but you want to teach about bitcoins. You much encourage them easily and the suggestions are really fit for it. Then if they are not interested, why teach them, right? Because I think it's nonsense to teach someone who is not showing curiosity or concern about something. But if you insist, then tell them the advantages of BTC and why you love it. Maybe you can encourage them by doing that. And after, you can guide them step by step. That's right don't waste your time if there aren't interested either, but I think it is a case to case basis. For example, you really want to teach friend about it and he can't find a real job either. And he isn't aware about cryptocurrency. You can share your knowledge to him about it, go back to the first statement, if you see he shows no interest, don't waste your time.
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im not sure if bitcoin is my fulltime job rightnow but ive been earning with bitcoin for the past few months and some other jobs im doing in the internet like translation and doing some story writing if someone requested it. but most of my earnings came from bitcoin.
If most of your time is used on doing your online jobs that earns bitcoin. Then it could be also considered that you are now on earning with bitcoins, full time. And good thing that you have known a lot of internet jobs for earning bitcoins daily, I think it can suffice your daily needs.
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of course we can make more than 1btc peryear, the problem is patience and hard work. sometimes i get my spirit full and active to trade, posting at forum, faucet , writing for earning my mney. but sometimes we have problem at real life so we can't focus at online earning.
That is one of the problem that we can't focus on online earning, if you are facing a trial to your real life. But of course, it will still depend on you and if you are really into earning online you will still your job daily. You can still be called a professional online earner, and that is one of the professional ethics that we all need.
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First of all, Its not going to happen that Bitcoin's Price will be drop to $1 - But if it happens in my dream, I would buy 10000+ BTC and will wait for it's price to rise up and stable.
Your right, it can never happened unless chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin. We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase.
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Better to play safe at initial stage, better join some good signature campaign and you can definitely earn 1 btc in a year without any doubts.
lol, the initial stage is one year in your opinion? you only need a week or a month tops to learn everything about bitcoin and security (not technical stuff but enough to know how to be safe and also learn how to earn bitcoin) you don't need a year. even for joining signature campaigns it is better to join after a month that you learn about bitcoin. a newbie that doesn't know anything about bitcoin would just spam nonsense in the bitcoin forum!! Yes you can earn 1 btc for less than a year. That would probably easier if you already have background with bitcoin and with faucet knowledge it can also add to the basic things that you need to know. And I would say it is not playing safe, that is the right thing to do.
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Well you could show them some links or websites which have already been there for that use or you could tell them in a couple of steps 1. Get a wallet to store bitcoins 2. Start getting bitcoins with stuff such as gambling, dice, posting, surveys and much more 3. Continue until you want to cash out
Yes most importantly make sure they advance. Regardless of the way if they could be sure they are definitely interested in bitcoin. If it had been interested would have been easier to teach. You got the point. Teaching someone who is interested to learn will make it easy for you to teach. You can just teach them the basics, and for sure they will search for the advance. As long as they want to know more about BTC, they can learn by themselves as time goes by with minimal guide/supervision by you. Yeah, it won't be hard if you are going to teach someone who is really interested. But you will get a problem for those who doesn't have the interest but you want to teach about bitcoins. You much encourage them easily and the suggestions are really fit for it.
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of course will sell all my bitcoin. This is a rare opportunity, because I believe the very high prices will not last long.
Yes majority of us will prefer to sell bitcoin and make huge profit out of it, the only fact is no one knows when bitcoin will achieve that high value. That's right, We all hope if bitcoin reaches this $5000 high value. If that happens all your dreams can become true. You can now have a cruise if that happens and you can use to pay for the cruise line company.
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Don’t waste your precious years saving or investing, it’s perfectly fine to start saving or investing after you are 30. Make sure you travel, live a little, enjoy your life at your prime years. It’s not going to be as much fun traveling the world when you are 70 and you are tired by 2PM.
There is no point trying to be a millionaire by you are 30 but miss out on all the goods life has to offer.
What? You are saying that saving or investing then you will that investing after 30 is fine? For me there is no right year of how old you are going to invest or save. And in whatever you are going to do it is better if you are going to do earlier not just after 30 years.
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Yes, I will hold my bitcoin, hoped the price is above $1000 I know it's a good time to hold bitcoins and we also know that the halving is coming
1000$ is too much for halving, i think that price will be around 600- 700$ for 1btc. It's also good price to sell and make some money. I agree with @boyptc everything is possible you remember in 2013 bitcoin price crossed $1000. so wait and see what happened before or after halving. Yeah, even though we have all our range when it comes to the price of bitcoin after the halving. We can't predict it, but we just need to trust this coming halving so that all of us will benefit it. History repeats itself, it would be very nice it that will happen again.
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For me bitcoin isnt just the potencial value i use it as currency already making some investments and being able to buy some stuffs online,besides that my earning at bitcoin i consider them as extra income and well its a boost to realize my projects as well to get a better life ,combining both works real and virtual.
Wow that's really a hard work man, do you still able to relax and getting plenty of rest? You will surely become rich if you will continue doing that. I admire that you are good in time management.
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for now I will continue to collect bitcoin and then I'm going to use it to make an effort
In my opinion your effort will make you an extra richer person as saving bitcoin would have already made you a rich person. Saving bitcoins and working with those bitcoin would definitely make anyone to be rich at any time sooner. Make sure that you earn maximum number of coins for future, as the price will not be same in future so more coins you have more richer you will be. That's right better to save some of your bitcoins in cold storage for future purposes. And just each time you will earn you just need to maintain to save daily so that you can max out the possible savings you have.
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Bitcoin is fast,flexible provides privacy and freedom and its transaction charges are much lower and most important it is open non stop.Paypal still is following traditional boring ways.I prefer Bitcoin over Paypal and will say for sure Bitcoin is better and more trustworthy than Paypal.
if you prefer using bitcoin in online shopping, you will get few options to choose from. but Paypal is widely accepted. so regarding shopping, I believe that Paypal and credit card is better than btc now That's is the one advantage of paypal, most of the stores uses paypal for their payment transactions and doesn't accept bitcoin. This is a plus points for paypal, but if ever these stores tries to accept bitcoin they will have more customers since today there are lots of bitcoin users. Bitcoin users are not higher then Paypal, and if shops starts accepting bitcoin then also need high volume of transactions to earn some profits from it as they are generating from Paypal. That is one of the reason also why paypal is being ahead than bitcoin. Because bitcoin is still new, let us just wait for a few years and I believe bitcoin will dominate this paypal sooner. And bitcoin is being more faster when it comes to transaction.
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That's not a quiet simple question because it depends about how much money you have or coins. If you have allot it's better to invest because you only can make more out of it. But if you don't have enough moneys save them for a backup you will never know what life will bring you.
But it is not advisable to invest all your money, but still if will depend on the person who holds the coin, I have read many of them will just save it for the halving that we are all waiting for and they are treating that saving is also an investment for us. There are some that's advising same as yours.
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