for now, I can do just constantly collect bitcoin of some way to follow the signature campaign, trading and faucet. after I had bitcoin by the number of that much, I will open a business
At this stage our main focus should be to collect as many coins as possible without thinking that it can make us rich or not, and if we manage to have high amount of coins and if price reaches to the moon then you will achieve your goal of getting rich with it. To be honest, "collecting as much bitcoin as I can" will not actually work unless you earn 0.5BTC a in week or maybe more. Just calculate everything. I think most of us are collecting bitcoins from signature campaign, being in signature campaign would give you 1BTC in less than a year depending on your rank, the campaign you're in, and the number of posts that you do. 1BTC is already a good amount of money but, it's not enough to make you rich. Even if Bitcoins fly high to the moon like 1000$ each or 2000$ each, you're still not rich because the amount of your Bitcoins isn't that much. The only ones that will actually get rich in Bitcoin in the future are those people that are already earning a good amount of Bitcoins. Not to offend you, guys, but I'm just being realistic. |
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Thanks for the update, satmas!  ... It's probably more suitable to mark Coinroll as 'flux' rather than 'A'. They don't accept/reject participants immediately, but let everyone express their interest and will pick the best few in an unspecified time. So bit similar to Betcoin, which technically is always open but only for 'exceptional' posters and waiting list for others. How is that any different from any other 'A' campaigns? No signature campaign manager gives a specific time when he will accept/reject people. The situation is very similar to other campaigns, tbh. Lutpin and Gianluca doesn't reply at the same day users have shown their interest in joining the campaign. It actually takes days before they respond unlike SFR, yahoo, and Avirunes. Also, coinroll is partially being managed by yahoo so I think he's always on it when somebody shows interest in joining the coinroll campaign. In addition, you won't actually know if yahoo or Namworld isn't actually accepting/rejecting participants immediately. Users will receive a PM from him or Namworld regarding the approval of the enrollment as stated in here: Users whom are interested in this campaign need to show interest in joining via this thread. I will pm or namworld will pm those whom we are interested in
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Thanks for the update, satmas! |
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Its life will depend in us, the user. If we continue to support bitcoin by using it, it will last a lifetime just like fiat currency and other commoditiesnlike gold, silver, and oil. So if we want to make it last, continue to do the selking, buying, trading, and investing.
I think selling, buying, trading, and investing are the things that will always happen. You can't stop people to do that. I think the only way that we can truly help Bitcoin prolong its life is to support it. Continue promoting it so that new people would always come. There would be, without a doubt, people leaving this community but we have to maintain Bitcoin's life by promoting it. New users means new investors. This could even mean profit for us. |
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The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.
It could also be the reverse, if you do not know how to mange your money, definitely you do not know how to save also... Basically those two should be done at the same time, if you have money, manage your finances then you'll have a savings... Managing money is hard, just look at your wife when he receive your salary, observe how her eyebrow looks like...  Lol, he should rather look if what his wife is buying with the money, because mostly females buy things what they actually don't need at that time but they just buy them because they like them, so if you know you have not enough money to afford these things then don't give your card to your wife to have some savings at the end In which part of that user's post have you concluded that that user has a "wife". Let alone that that user isn't a female? If that user you were referring to is a female, she'll be really offended with what you just said. You were generalizing females. Not each and every female just carelessly spend all the money that they have or their partner has. There are also females that have been through a lot and knows that their partner isn't an ATM that she uses whenever she needs money. |
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Mining and Holding altcoin does not guarantee success. Also how will you ROI for a year if the prices of what you mined does not move at all? By the way what are the altcoins you mine that you are expecting to grow a 100% in a year? What process did you use in picking that altcoin to mine? Trading also won't insure 10% gain per month, life for the month of August - September 1 the prices only move from 560-580$ at what rate will you get the 10% gain in one month?
There's no certain criteria that we usually look at when investing in altcoins. We basically just invest and hope for the best. We look for who are the devs, the solicited amount, etc. An obvious scam coin is obvious. And to be honest, no altcoin will grow just 100% in a year but a weak altcoin. Good altcoins grows up to 1000% in such short period of time. Trading altcoins or Bitcoins can't be controlled at all. They say it's an unpredictable job. Well, it is. If you're looking for a stable profit and expect ROI in such a short period of time, then I don't think trading is for you unless you've become knowledgeable and so skilled about it. |
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TL;DR: They can do it but they have not enough reason.
I seem to remember someone ex OKcoin saying the exchange had its employees trading away with accounts provided for them. No idea whether that's just bitter lies of course. It's also possible that their employers wanted to do a TLC (thinking like customer). The only way that you can do that is to use your service/product itself even if you're just going to end up playing by yourself. If you lose money trading on your own exchange site, it's okay because it is yours anyway. Maybe they are just testing their website and they are looking for possible bugs. You know, experiencing the very thing that they created. It's quite hard to trust someone to test your website and give honest feedback so why not use your employees themselves, right? |
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The amount of Bitcoins that you can earn out of trading is infinite or maybe equal to the amount of Bitcoins that is existing. The amount of Bitcoins that you can lose from trading is every single thing that you possess. Those two are the best case and the worst scenario but it seems unrealistic, to be honest, but it's still a possibility.
Altcoin trading and gambling has always been similar to each other. The very advantage of altcoin trading over gambling is the fact that you can stop having more loss in altcoin trading. When you see the coin you invested into is starting to deflate, then you can dump your coin instead of watching the market move and sell it in a much lower price. This also applies when there's an inflation going on.
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I think the only factor that can help in answering is the number of address. The total number of addresses, of course, gives an upper limit for the number of possible bitcoin users although not an exact estimation since everyone has multiple addresses of course and plenty not even re-using an old address and make a new one.
Having the upper limit of the possible Bitcoin users wouldn't help at all since it would be really really far from the actual number of people using Bitcoins. The upper limit becomes irrelevant. It's just like when we say that we the lower limit is 0 and the actual number is in trillions. Not only that people are using multiple addresses but also there are websites like gambling sites, exchange sites, and other bitcoin wallet sites that has thousands of addresses for their current and future users. |
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One reason is that the governments don't want the people to flee from their own fiat.
In a country with already weak economic buying bitcoins brings the worth of the local fiat further down compared to the big fiats in the world.
When somebody puts his money into bitcoins there is even more supply of the local currency that leads to a lower price for it.
That is what governments with weakened economic want the least.
I totally agree with you. If I may add, another thing that the government wants the least is losing their control of the people. Money has been one of the major ways the government are controlling the people. If each and everyone in their country starts using Bitcoin, their power in controlling the society will be lessened. At that point, they can't put tax on people too. Which means that they can't put the money of the people (AKA tax) into their own bank accounts. |
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Why would you buy that? That's ridiculously high, there's a lot of websites out there that sells Bitcoin at a normal price. It would even be better if you just buy from another user, meetup with him or simply contact him. That's not a huge opportunity at all because no one would buy at that price. You could even sell your coins for a higher price than that but you'll be just wasting your time and effort.
I asked how the coins were delivered and the seller said that a voucher for the coins on the exchange was sent. That way the buyer didn't get hung up on the fact that the coins could not be delivered to a BTC address. One million of these useless coins went off at $900. I think no matter how your coins would be delivered, it should be not double the current price of it. Even if the coins are delivered with a box full of decorations, the amount of Bitcoin that you'll have would still be the same. I guess the seller is just sugar coating his deal by making use the guarantee part of using a voucher on their exchange site. Nevertheless, I advise that you look for another seller of Bitcoin. I think you can buy Bitcoins at a fair price in almost every Bitcoin wallet out there except for crazy ones like the one you found. |
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I want to make money with my current BTC how would i go about this
There several ways to earn on this forum even though, Im still a newbie I have understand quite a few with the most popular which is gambling but that comes with high risk to quickly rip you off the profit but you need little or no skill in doing that as it is based on luck. Another is to go the way of trading although many have claimed that its less risky than the former, but one will need the requisite skill as even myself is still learning. With these two you are sure to get some returns if its done the right way. But apparently there's no right way in gambling. There's no guideline out there that teaches you how to gamble in the right way. Most gamblers that have made money out of it are the ones that are betting on crazy situations. Like a 1/100 chance of winning kind of situation. In trading, on the other hand, there's a lot of tutorials out there that teaches you different trading techniques. There's no standard way of doing trading but you can still make profit out of it no matter which technique you choose. Just think of it a lot of times before you invest in a certain altcoin. |
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I dont think lot of people are willing to do a job for just 1 dollar each hour i think that is to less for people who live in the europian becuase they are earning many times better than just 1 dollar each hour.
I am not agree with you, you know most of the members who are working now in the signature campaigns, majority are those person who have done a lot of letter work only for $1 per hour. and you should go to the service section and see a lot of different short work a here and they are starting for only $1. Take note that some stuffs will make you earn 1$ will take a lot of time to prepare. For example, in twitter campaign, you need to have thousands of followers before you can get paid 1$. In addition, people who has no source of income in real world or unable to find a day job will take the offer even if it's just 1$ per hour. It's an additional income for them. Better to have little income while using the computer than have no income at all. |
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Yes, i will. If the job have a good future and the salary is good than my day job, the most important thing is the future of the job. If the job can't live for long run, i will not take it.
Precisely, our job security is very important, we cannot just leave our previous day job if we can't find a new one that is secure and would last longer.. I experienced that before, I leave my previous job and I was not prepared and end up poor... So it's good if we could find a long lasting job in bitcoin before leaving our day job... Suddenly there is no such thing... Only those programmers and traders have a long lasting and regular earnings here... I think what happened to you was not entirely your fault. There are areas in this world whereas it's quite hard to get a day job let alone quit your present one and then find another one. But there are places where even people with no degrees get a day job easily. Nevertheless, sometimes it's also all about your resume. If you have a really good experience and have a good feedback from your previous employers, then you'll get another day job in no time. |
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It is possible to do in the Bitcoin wallet I'm using but I don't. You can pay for utilities (power & water), internet connection, credit card, insurance fee, tuition fee, all of different establishments. You will have a free 100 php (~2.5$) for every 5 times that you pay bills. All of the bills in our house are paid by my parents and they are being paid in fiat. In addition, the companies in my area isn't listed in the payable bills via Bitcoin.
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BitBlender ( Thread) Payment period: Weekly on Sundays. Payment method: Fixed/weekly. Minimum posts: 25 Maximum posts: None Payments: S: 0.030 BTC per week, H: 0.035 BTC per week, L: 0.040 BTC per week. Escrow: Y/N (Funds escrowed with me). Added. Thanks, Lutpin! |
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Correction... Dear Fatanut, LuckyWheel24 Campaign's monthly maximum posts are 120 but you have written 150 in the list... Kindly edit it.. Thanks Yahoo, himself, made it clear. 150 posts in the month is the max youll be paid for or 120 max in the 1 month of this campaign Which is right You are not even able to apply for the campaign but ill answer your questions since its beneficial to those that will apply. 150 posts max will count in the month. And if you bothered to look youd see the .......is in front of the 120 saying a user can earn a max of .120btc in the month. ,0008x150=.120 pretty simple but i dont know your school level you completed so maybe its complicated for you |
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We shoudl be asking what can we do to stop these people from steeling bitcoin. If you have a newbie who comes into the bitcoin world and the first thing that happens is that he is scammed out of a ton of bitcoin, do you think it is going to help or hurt bitcoin?? It is going to hurt the whole bitcoin community, so we need to work together to stop this behavior.
The only person that will get hurt is the newbie, himself. The whole Bitcoin community does not care if somebody gets scammed. It's just a usual thing that happens to almost single newbie out there. People should know that getting scammed is not something you should be embarrassed of. A lot of crimes are going on in the whole wide world. The majority of people have been once scammed by a ponzi site, even the first ones to invest in Bitcoins. In addition, how come a newbie has "tons of Bitcoins"? SMH. |
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Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no
Even fiat money doesn't have a stable price. There are still price inflation and deflation going on every single day. If Bitcoin gets a stable price, people would just lose interest. In the trading industry, Bitcoin would be basically dead if it gets a fixed price. Of course i don't want and this is very bad idea unless bitcoin will finally get stable price, and bitcoin will be accepted anywhere, then maybe yes, but at the moment no
Exactly, this is not the right time to accept salary in bitcoin, as the popularity of bitcoin is limited and it is not widely used and accepted and we still need fiat to take care of our spendings. Why not use the privilege of not having any income tax when using Bitcoin and then convert it later into fiat so you can use in the real world? Not sure why these small disadvantages are causing you guys some trouble when there's a lot of advantages that you can get when you receive your salary in BTC. |
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One of the only issues I see with this is that poor countries do not have the computer or internet to use bitcoin. Because of this reason only, I do not think that bitcoin will be able to help these countries. I actually think it could hurt them if bitcoin would become a world currency.
I think you're referring to people that are really really really poor. Even third world countries like the Philippines, where I live, has an Internet connection. It might not be as fast as the US' and it's much much expensive than what most people has, but that's just how it is. Even in poor countries, there would always be people who are "rich" enough to buy a phone that can access the Internet. That enough, can make somebody earn some Bitcoins, get enough money to buy a decent PC and have a modem for Internet connection. To be honest, lazy people are just using the "I have no computer" as an excuse. Everybody now has a smartphone and that is enough. |
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