I hope someday I can become rich with bitcoin and I will open a business with that money
I also have that dream but I'm different I will not wait until I'm rich but I will make my current business of course with the income from bitcoin and my main job. I'll start from the bottom. Of course this is my dream and hopefully I can get rich from the business that I will run later |
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I think the government should not tax income from bitcoins. Much more profitable for the government refers to such income as investment in the economy. It will bring more benefit than the turnover of such amount of money in the shadows.
Be calm, after all the government will not be able to give tax to bitcoin users even the government does not know who the citizens of their country who use bitcoin so it can be taxed. This is because the bitcoin is anonymous. So bitcoins are not suitable to be taxed |
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Well it is simply that cash really works offline and it is the traditional way. This is the way of trading where we became dependent to it. Having a cash in real life is the traditional way of living, means that every people used that especially our elders. But bitcoin is the new money or new currency. But I think we need to cope in the future. And this is the future, this is bitcoin. The next generation of currency.
Yeah digital currencies such as bitcoin suitable for next generation where the world today is still not too sophisticated. Many people prefer cash because they have not understood how easy it is, and more simple to use digital currency. So for now cash is more often used |
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Yes it is true bitcoin is the most instant way to get rich but if not how way to get coin coin where is it possible will also rich?
Hey dude you are living in 2017 and it is not 2008 anymore. You can not earn money instant with bitcoin because I do not think that bitcoin can easily x10 anymore. Right now, if you want to be rich in the fastest way, try to invest your money in ICO or altcoins. They will give you a lot of money including risk Correct, I do not know what some people are thinking, if you want a safe place to put your money in crypto then bitcoin is the right choice, but if your goal is to make a lot of money then altcoins are the way to go and try ICOs if you are really ready to take a huge risk. Because the fluctuations in altcoin are faster than bitcoin even the price changes are sometimes crazy enough. Altcoin price changes I've seen it change up to 2000% and down can be more than 50% in a day. So if you want to earn money quickly you can invest in altcoin |
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People prefer bitcoins over fiat because it is now becoming easy to use and its worth is increasing day by day. Bitcoin is a digital currency like other currencies, if people can spend their dollars in gambling, porn sites and drugs dealing then why they can't use their bitcoins after all it is also a currency.
Because users choose bitcoin as an investment instead of as their currency. Of course they would prefer fiat as their currency because it is easier to use and accept wherever, bitcoin is preferred because the profitable bitcoin investment and fiat can not do that |
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No, it's not too late to buy bitcoin because the price of bitcoin is on the rise nowadays that's why it's not too late .
Of course not too late the reason is very simple because the price can still rise anytime and you still can get a big profit from bitcoin. It is not too late to buy the bitcoin at this time, let alone the price is currently down. Of course this is a great opportunity to buy |
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inflation and deflation of price of bitcoin i think this is the main cause of to attract the investor. because every investor want benefit. i think this is the main reason of uses of bitcoin. this is very effective for economy.
Inflation and deflation occur because of demand and which makes the demand is the user? The question is why do users want to buy bitcoins? And that's what makes bitcoin has a price and worth because users want bitcoin for them to use? |
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What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
Well, to succeed in trade, don't belive in too many speculaton so it won't affect your emotion that can prevent to lose. To make business bigger, identify which field and business you are interested in so your passion would make it easier for you to achive succession. you are right bitcoin can help us to earn more and more money it will never let us to loss in trading , investing and there are many other ways still there holding your bitcoin for long time can also help you earn good income. There is always a risk even for holding our bitcoins because we really don't know what future lies ahead with bitcoin. I am holding but I don't focus all of my energy with bitcoin holding alone and do some other projects to earn more money to have some fallback in case something will go wrong. Of course the risk will always be there, even if you just hold the bitcoin in the wallet. But the risk will certainly be less than the risk when you grow it on investment sites or the like. If you want to earn more money of course do not be too focused just by holding bitcoin. Try to invest or make a business |
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what do you think about this topic?
I think it is right because we all know that bitcoin nowadays are very popular and many people are using it because they know what is the value of bitcoin and they also heard a lot about it in others and they trying their luck to have a goo income and be a millionaire in the future. And ofcourse they also use it because the knew it has many advantages. I think its yes that bitcoin is instant way to become rich. However, you need to work hard in order to become rich. Using bitcoin will help you to gain a high profit and I agree that bitcoin will help to become rich in the near future. Lastly, if you want to become rich all you need to is work and be smart. To get rich in the near term is not an easy thing, you have to work hard so you can get a lot of bitcoin in the near term. Of course you have to use many methods to get a lot of bitcoin. You could have gained fortune in bitcoin but it's pretty hard to get rich in the short term |
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Invest or save? In my opinion, I prefer to invest. Why? Because with me investing the funds that I have will continue to grow. Different if I save the funds then my funds will be inflation
I also will not miss the investment, I will certainly invest my money because with investment my wealth can grow faster besides my day job but does not mean I'll use all my money to invest and abandon the save plan? Of course I also have a plan to saving |
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Bitcoin has grown from 2008 to 3k in 9 years. If more country start legalizing the bitcoin then its scope widens and this will be more used for buying daily stuff needs which is not happening at present. So demand will further increase and more and more people will invest in bitcoin in coming time. And this demand will push prices further up.
Thats true, bitcoin has grown very high even more than 2500 times the previous price at the beginning of the year. And maybe the price will be very high again if the government is willing to legalize bitcoin but what would you say to the government to legalize bitcoin and what is the advantage of bitcoin, maybe it could add to the demand |
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If you believe in someone, it might look good to lend you money, but it might look risky lending money to people you do not really know, because it's going to be very difficult to get back. Well, even to people you know, they are very difficult to return the money you lend.
Even if the person you trust then you give the loan is still at risk Very likely they will not pay even trick you. It happens often in this world, let alone people you do not know on the internet then the risk will be very high. If you want to lend to someone make sure you ask for a guarantee that has a higher price |
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Reading future price movements that might be a higher price increase by buying a lot of bitcoin from now on as the price is getting lower by utilizing the bitcoin I've gotten earlier to increase to the higher bitcoin value.
Predicting the future is impossible to do you can only predict what will happen in the future And the best strategy to predict is to first analyze bitcoin prices in the market dude, including recent price movements, issues that happen now, etc |
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Bitcoin can not make everyone rich, because he is not a fantastic tool. It can only help those who are willing to take risks and who have the Internet. In general, no currency is capable of destroying poverty.
Not everyone will use bitcoin, not everyone can use the internet, there are millions of poor people in every country and many of them poor because lazy to work hard and dare not take risks to change. So even though bitcoin comes in, bitcoin will not change the world economy too much |
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In case you are a newbie, best suggestion is to Invest. But in case you have some previous experience in trading currencies, then you can take risk on your hard earned monies. Get in touch with best investment adviser who help you  Thats true, if you do not have any skills or knowledge on trading it would be better if you choose the investment, because in the investment you do not need special skills to make a profit. You just need to choose a safe and profitable investment but if you have skills you can use both |
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On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists? In my opinion, yes Bitcoin can be used to support terrorists and maybe, while we are talking about this, some transactions were made for this kind of funding. This result of Bitcoin can not be denied. Actually no one knows about it. Because nobody knows about a person's goals in the transaction because of decentralization so nobody will know. So many people just guess about terrorists who use bitcoin in their transactions Just because the bitcoin is anonymous |
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I only use web wallet, this is because I think the balance is still small and I was always active in trading so I always check balance. And I also activated 2FA so is very secure.
Because using an online wallet will be much easier to use and more simple of course. I also often do bitcoin transactions and sometimes I also do transactions when I'm outside so it requires me to use a flexible wallet and I use the online wallet |
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What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Getting rich because of cryptocurrencies is very possible especially those who are investing in ICO and holding there investing for 3 - 5 years since they are new and there are still many rooms for development. I think it is more safe to invest you bitcoin to some altcoins who are their already for the past years, though ICO is really great but to less the risk go for the coins with a good market capitalization. we have a bright future with cryptocurrencies i believe on this and we should believe on this. Many ico are into scam (do not have a price or do not enter in the exchange site) because they are only looking for profits from the initial sales only. So it's better if investing or trading in altcoin Which already has a price and a market |
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Giving the loan is very risky if there is no grace given, so if you want to give a loan try to ask for a compliment so there is no regrets in the future why I say so because it could be the person we give the loan can not return it because the losses they get But it will be another story if we get our companions will not get a loss even if the person who borrowed can not return it
I think lenders already know the risk, so it would be better if you ask for collateral for everyone who wants to borrow money to you. Certainly a collateral that has a higher price. So the risk will certainly be non-existent right ? |
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i like "bitcoin wallet" for mobile, check it out on bitcoin.org, there all the wallet that you need to know about
yes there are many mobile wallet that you can used. When choosing a bitcoin wallet. make sure first that it was safe and secure where your bitcoin will not affect. Also choose what is best and appropriate to your country where you live. Like here in philippines, coins.ph is the best wallet for every filipino because you can convert your bitcoin into fiat currency in the philippines. But most popular wallets were blockchain.info and coinbase i myself using online wallet which is in fact very easy to use, for security reason i think you have the choice to use more than one wallet and distribute your all bitcoin in different places. For security of course you can use additional security like authentication: sms authy, google authy, etc. With that then the online wallet you use will be very safe and I've been an online wallet user since a few years ago and I've never had any significant problems |
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