online wallet is better then offline wallet
Extremely bad advice. If you are storing large amounts of coins always use an offline wallet, no matter what. Not even if it will cost you 100 dollars to set it up. By using an online wallet your coins are only as safe as the company is. And most btc companies get hacked at least once out there. We have to trust online wallets like blockchain because they have a reliable reputation, but do not keep them completely because the main controls are not left to us, at least they can keep the system safe. Cool/offline wallets also need to be used to store all our bitcoins, but all the responsibilities and problems that will be faced will make us dizzy, sometimes we need someone/sistem else to manage all this. |
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Saving bitcoin today will define your future, for me it is important to save and accumulate bitcoin now because i believe that the price of bitcoin will continue to soar high, so everyone should think wisely when spending bitcoin, enjoy today but be ready for the future.
Treat bitcoin like an asset, we also need it for everyday needs, but actually it is not necessary because we can also use fiat from our riil work. If we can manage fiat and bitcoin well then we will be the next millionaires. I don't think too much about bitcoin in long term, my focus is just collect as much as possible. |
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Couple of very good functions include are -
- Very easily transferable from any where in the country to any other country within no time
- It's a very good investment opportunity as well since this is the best asset class for now
- It can easily solve remittance problem which takes days to reach with normal circumstances here with Bitcoin with less fees it reaches quickly .
- inter-state transfers can be done bitcoin without the need to write documents, the cost is not too expensive, and the transfer time is faster than conventional payment model. - Currently bitcoin is the best investment, many online business invest which takes up to 4 months, bitcoin profit is a daily profit that can be directly transferred to the bank - remitance may still be a problem, we recognize the terms "pending" and "high fees" but it's not our obstacle to continue making transactions. |
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I don't see gambling as sin. Some people who are religious believe it is.
I see it as entertainment and fun, that's all.
There's no wrong or right here.
Who says that gambling is right. I don't think of anyone who will encourage you to gambling. But sometimes it depends upon how you think. If it s for fun or time pass then it's ok but if you gamble due to addiction then it's completely wrong. No one will gamble due to addictions from their starting days. They usually will start gambling just for entertainment or for making money. But slowly they will be suffered by gambling addictions where the real problem of life will start. Gambling will become sin when a gambler will get suffered by addictions. Some gamblers will be having different view on this but my view on gambling as a sin is like this as there cannot be only one common opinion among all the gamblers. Is gambling harming you and those around you? Have you ever dealt with the police because you gambled? Or are you not the type of thinker and analyzer when gambling? If the answer is yes, then you are right, but keep in mind that modern life also recognizes positive legal conditions where our logic is always above carelessness and lust. If you can control it, I'm sure you'll change your attitude. |
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I know about bitcoins only because of my friend who firstly told me about it and showed me how to make some extra bucks with it and it was 3 years back and since them I am earning good amount of bitcoins from various methods.
I too was introduced to Bitcoin by one of my friend by the starting of the last year. Here also he gave the hope to make an additional earning for living. Based on that I came into it, but this is something a massive technology. Now I feel that if I could have invested when I was introduced to Bitcoin I could have made a big profit by now. I get a bit of an easier experience because a friend who taught me about bitcoin gave me a little bit of capital for trading, he often said that never be affected in theory, action is best. I am very grateful to him until now and try to spread the same method. |
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Explain to the children that a bitcoin is a form of digital currency and no one controls it. Bitcoin is very interesting and good in investing and i know children is interested in bitcoin if they already know about bitcoin. I explain to children that a bitcoin is how to earn so that they understand better. Explain to them the benefits of bitcoin and good in investment and savings. Let us introduce to the children about bitcoin because this is important in our life and for their future. Let them know that a bitcoin has a future money. I will explain them bitcoin is a good source of income and they will be interested.
I'm not going to teach them about investing, gambling and trading if they're under the age of 17, bitcoins need to be taught according to their age or you'll see lots of young addicts who always spend money in no time. Children only need to be informed about the basics and types of games. Let their understanding be in harmony with daily activities. Give small portions until they get used to it. |
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I think that bitcoin is more suited to the concept of digital gold! With the development of crypto-currency, governments of different countries will begin issuing their own crypto-currencies. It is natural! Any government will pursue its own interests and will be interested in having control over the currency! But the only thing will remain the same! All these currencies can be converted into bitcoin! As now, in any country you can buy gold for the national currency!  Yes it is indeed a digital gold having some investment on it. Its price could go up just like gold and you can actually guarantee that it is already part of the market. It can also be a digital cash because for many user of bitcoin, they are doing it insake of having some money to expense for daily life. I do not agree if bitcoin is always associated with perfection of digital gold, because bitcoin can stand alone as a digital currency, gold is only a commodity asset, and that's it. Bitcoin is able to create its own market and exchange assets directly with fiat. Gold has nothing to do with it. |
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I strongly believe that bitcoin is worth $10K at this moment and it is undervalued but I also notice the increasing transaction fees, delayed confirmations & the volatility in the price are the main reasons of bitcoin's slow growth. Everyone out there is excited about bitcoin but not all of them are as risk takers and enthusiastic like us so they will probably enter in bitcoin when we will find the solution to these issues. I am sure a couple of years is the maximum time frame for this milestone.
High fees and slow management of blocksize are still the main reasons why bitcoin prices are still slowing. But I am sure it will be resolved by the end of this year. Bitcoin can go straight up but there are worries about high prices then it will not be balanced with ongoing business, the need to impose prices will always happen but cannot be too drastic, I think the current price is ideal, the next wave will occur at the end of this year. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
Just ignore them. They have wrong perception about the bitcoin. They don't know anything and they're idiots to say bad thing to the bitcoin. I prefer to just ignore them and pretend that you didn't hear them. I experienced this when I first learned about bitcoin, my friend expressed hatred and insulted me about the fraud I was going through, he thought that bitcoin was always about hyip and something that did not make sense. I was quite upset at the time because the long-standing friendship was broken instantly. But I'm sure he's very sorry this time, I'm getting stable with bitcoin and continue to show a positive economic improvement. I believe that even if our friendship ends, there is a shame he holds for life and feel ashamed to contact me again. |
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No because i only play with some spare money and not totally used all my funds just to gamble. I think i'm just a casual gambler that likes to spend time gambling just for fun.
this is what i do when i want to playing gambling, i only used some amount in gambling games and not trying to put another money if suddenly i am loss everything. i think so far, i am addicted to gambling but i think its not be a problem to me as i can control it and i don't use big money to place a bet. but if you calculate those loses that you already made inside your gambling activity for sure its a way high as well since from time to time we keep on losing and thats the bad part of this activity enjoying but yet addicting and in many ways this also ruin lives as i still surviving and trying to stop slowly. I never count gambling benefits and losses, I have only one principle that all the work I do will always make a profit. Defeat only costs that must be experienced in long term. I know I'm addicted, but I can control it well. |
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Perhaps my biggest mistake is to continue learning to master gambling. I can make a steady income from gambling, but I'm never satisfied and keep trying to be perfect. This is what always makes me feel less income and in the end I feel gambling is not the most important thing in life. I have an empty soul that can't be covered by gambling.
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I really think that trading is much more safer than gambling,
I mean there are lots of type of gambling but if you are only playing it like just depending on luck then you are just wasting your money,
I would definitely choose trading much more than putting my money in just a luck to win some profit,
If you know what are you doing, if you read news, doing lots of research about coins and you don't buy random coins without looking at charts, market etc than trading is much safer than gambling. If you are buying coins during ICO just because they are there, than you can call it gambling. The calculation analysis in trading depends on global prices and the influence of many volumes of users, this is the advantage of trading versus gambling, gambling is only for the need to risk money without a long analysis, so our minds will become narrow and decide to bet in a short time. From this explanation we can conclude many things about trading profits. |
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I think it's better to invest it, rather than to gamble it. If invested it, it's clear our balance is safer from lost, and can benefit even little by little, obviously it's safer than gamble it, gambling is more at risk.
maybe you are right, but if you make wrong selection in investment gambling site, then you can risk your money while you invested with them. its a good idea to search every thing about the sites so we can feel safe to investing in that site although there are no guarantee that site will be a legit site for a long term. I think it is implied that if you choose to invest you will do the necessary diligence in order to secure a profitable investment. If you do not research and just invest on the first site that pops up, you're throwing away money. That would be no different in throwing away your money on gambling. that right what you said and i am really agree with you and what i am doing so far, before i invest in the gambling site, i will search as much as info about the site including with the review from other people so i can determine if the site is match with i want or not. and after that, i only use my free money that i don't use for anything to invest so i can watch over my invest if its work or not and if it gives me some profit, i will continue to invest more. Treat gambling properly, I invest in trading and think gambling is just to risk luck. This will not work if we gamble with the investment objectives because in the end will always get lost and lose. If we play gamble with free money, nothing will limit our mind to play and win. |
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for future purpose. but outside of this question, for more altcoins.  Im saving it for fun and for future use. But most likely im saving that for future use, i believes that we may earn bitcoins now and it is better to save now and stored it , wait untik it reaches high price then sell it. I think more about financial assets than just having fun, I think there's no harm in trusting bitcoin, I keep trying to collect bitcoin and hope that one day goal will only withdraw some bitcoin that has been calculated every month. In this case I try to get bitcoin larger than my main salary. |
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I don't think so. Bitcoin may be a new and convenient currency, but I don't think it could totally replace banks as a whole. Bitcoin is not tangible and stable. There are still some things that banks can do which bitcoin cannot provide. Not all transactions can be done online so unless new innovations are underway that would substitute the functions of a bank, it may not disappear just yet.
Bitcoin will continue to develop itself over time, including developing independent banking applications. If at any time, bitcoin is not immediately endorsed by the government then it is feared they will miss an important moment in controlling cryptocurrency. In this case bitcoin can make banks lose customers and disappear, humans will eventually recognize bitcoin with or without regulation. |
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Without bitcoin then criminal already exists, don't blame the bitcoin because trade with bitcoin for illegal purposes of. I think it depends of the user's motives because without bitcoin criminal will always exist.
Laws are made to deal with cases of crime and disorder for all aspects of crime, in this case currency and media transactions are never wrong because the law only applies to perpetrators of crime. If bitcoin is treated like a drug deal, it is obviously a mistake from the government, since bitcoin is a product of innovation from technological advancement, there is only one way for the state to address this problem of learning, adoption and legalization with official government regulations so that the law will be widely connected . |
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if an economy accepts Bitcoin as a legal currency then the population of this economy will use this form of money, by engaging this segment people can be able to make his or her living standard better. when your individual is in a good position then your society is in a good shape so by this way, your economy will be benefited from this situation.
Yes, bitcoin legalization is best option to solve this issue. If bitcoin is adopted means we can save the more money in international tie ups and business transaction with the low fees. For example you can Check the Japanese Government movement over bitcoin after adopted it as legal. This will give the answer for this thread. Many people think if bitcoin is legalized as a legal tender then there will be a lot of taxes levied on bitcoin users as well as lower bitcoin prices being a tax reference for public business accommodation, not to mention the problem of corruption and other governance issues. But I choose bitcoin support for legal recognition because it will simplify our transactions and certainly many local and global businesses will use bitcoin, including in the stock market, this will bring economic benefits to the welfare of their people. |
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there are a lot of sites where you can invest your valuable bitcoin, you can save or invest bitcoin, also you have an opportunity to join in the bitcoin mining, not only that you can play gambling and games also..so there are some specific fields from where you will be able to get more bitcoin by investing your bitcoin...
Holding your bitcoins is already a good way of investing, however if you want to take more risk, investing in ICOs for me would be a wise choise. Majority of the project in ICOs had succeed and the value has increase making investors enjoy their investment. I always have my doubts about ICOs, yeah you can make some money with them, but unless I see something unique about something then I decide not to invest in it since many project don’t seem to be able to fulfill the promises they make to their investors. Check in the coinsmarket so you can convince yourself to invest, most of the ICOs are successful and that is true. However there are also some who will turn out scamming investors but be wise, invest only on good projects and you can easily tell that now. It is not difficult to predict which ico will succeed if we look in the course of their campaign in this forum, let alone ico with a team of developers who already have a big name and a positive reputation, no doubt to follow their project If you are still unsure of this, Follow ico when it is in the middle of schedule or even towards the end of ico, will see the numbers and accurate percentage of total investment. |
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$4k seems attainable.
If the european union sustains significant bad news or the united states amasses more debt, btc could go higher than $4k on increased demand from people seeking ways to protect their wealth against fiat devaluation(fiat bubble).
In this way will disrupt the global economic stability, if fiat suffers heavy inflation then bitcoin will experience something similar, do not forget, bitcoin must walk step by step and let fiat run their own positive financial level. $ 4000 is a figure that is too big, at least it takes a minimum of positive issues from 2-3 developed countries in two years. |
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Certainly not. Bitcoin will never destroy banks as people needs bank to use bitcoin to purchase stuffs which bitcoin can not be used as paying schools, groceries, buying house, and etc. Bank provides legalization though we don't have a choice as it's in the law.
Conventional banks will not disappear, unless bitcoin makes rival banks in the future, the best way to predict this is to think of the possibility of banks to officially adopt bitcoin, so there is no significant difference and bitcoin is not against the flow. The global economy. |
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