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This is exactly what I didn't strive for. In order for people to spend their hard-earned fiat for crypto, they have to be very convinced that what they're buying is worth an investment. If they get some crypto for stuff they do anyway that's a much better way of introducing crypto / Bitcoin to average people.
Because the problem is mostly not getting bitcoin to people in my opinion. The problem mostly lies on the people actually thinking that bitcoin is actually important and could be worth a lot more in the future. If a certain person that doesn't care what bitcoin is gets a hold of some bitcoin through whatever manner, there's a good chance that he/she's going to immediately sell it for some dollars anyway. The solution is a lot more of in the educational/knowledge aspect in my opinion, rather than accessibility. But don't you think that people get much more interested in something they actually own as opposed to something they could or couldn't buy? I once gave a small amount of Bitcoin on a paper wallet to my family each as a Christmas gift, which actually triggered them to ask a lot of questions about how that works and what you can do with it. My brother then went to open a Coinbase account and buy some more. |
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If they get some crypto for stuff they do anyway that's a much better way of introducing crypto / Bitcoin to average people.
and who is going to pay you for things you already do? and what is he benefit in it for them to pay you?! what you are saying sounds more like one of those micropayment jobs you usually see advertised on the internet which are a complete waste of time and could even infect your computer if you follow their instructions including visiting random sites! they advertise it like "things you already do" then you see you have to do mundane tasks for long hours to make a cent! One of the examples is Wirex, where you get a cashback for all your purchases with the credit / debit card in Bitcoin. There are other credit cards with cashback systems, but also a lot of credit cards without. Another example is Lolli, a cashback system for online purchases that pays in Bitcoin. Microtasks could be a thing, but there you have to explicitly do something you probably wouldn't otherwise do. But in general the fact that I can't come up with more examples is the precise reason why I'm posting this question ;-) |
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Just do it how most people do it, the easy and straightforward way. Earn fiat through a job, a business, or a gig, then use a percentage of the earned fiat to buy bitcoin in a peer-to-peer exchange. Or better, you can try to ask your employer to pay you straight in bitcoin.
This is exactly what I didn't strive for. In order for people to spend their hard-earned fiat for crypto, they have to be very convinced that what they're buying is worth an investment. If they get some crypto for stuff they do anyway that's a much better way of introducing crypto / Bitcoin to average people. |
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I once came across an article where it was stated that over 60 percent of most crypto transaction were used for betting. I don't see anything wrong with that. But don't you think it portrays crypto in a bad way?
60 percent crypto transaction were used for betting? that's quite big, I don't think that 60 percent is accurate maybe just 30 percent. I also don't see anything wrong crypto use for betting, it is a digital currency you know, this will not make the bad image of crypto. I doubt 60 percent of daily crypto transactions flow between exchanges and gambling sites. Maybe it is around 12-20%, the gambling sites also don't share enough data for measuring these numbers. Digital currencies are used by the citizens of countries where gambling is banned by the governments from my experience and anonymous transactions give the gamblers freedom to choose the sites however they wish. It's quite easy to measure, and it's quite evident: https://www.dapp.com/article/dapp-com-q3-2019-dapp-market-reportIt doesn't mean that these transactions are happening between exchanges and gambling sites, it just says that 60% of the overall transactions are done with gambling sites. |
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I just ordered the Wirex card and hope to get it soon. The idea is to receive crypto (Bitcoin) by doing stuff that I would be doing anyway.
What other ways do you know to receive / earn Bitcoin for everyday stuff outside of the crypto world that could bring Bitcoin and other crypto directly to users for them to spend?
I know I'll get a lot of backlash but I think that FaceBook's Libra Project is pegged to take mass adoption by storm. FaceBook and it's partners, Occulus Rift/ Instagram/ WhatsApp make Facebook the largest social media platform in the world. If congress were to give Mark Zuckerberg the green light to go ahead with the launch of Libra platform, the cryptocurrency sector as we know it could rapidly change. All of the sudden the world over would be educated about cryptocurrency thanks to the Libra platform. Eventual those Libra users will trickle down into other crypto related projects and communities, so on and so forth. The market would naturally get a boost in growth. Bitcointalk would be flooded with new users like never before. Everyone will want in as the forum experiences a booming surge in traffic. If you thought people were complaining about bounty standards and low ball pay as of now, wait until there aren't any left to complain about  What I don't understand about how Facebook is proceeding with Libra: Why don't they separate the currency Libra from the payment system Calibra, deploy Calibra into the Facebook apps and allow people to pay for all the things using other cryptocurrencies? This would dramatically foster adoption. In a separate (and more complex step) they could create the Libra coin (which is what they're getting regulatory backlash for) and rule the world with their new monetary system or whatever... |
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I just ordered the Wirex card and hope to get it soon. The idea is to receive crypto (Bitcoin) by doing stuff that I would be doing anyway.
What other ways do you know to receive / earn Bitcoin for everyday stuff outside of the crypto world that could bring Bitcoin and other crypto directly to users for them to spend?
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The only bad thing is that it seems anybody running or using an unlicensed gambling site on blockchain thinks it's not illegal because it's on blockchain. At some point, this might cause some trouble for quite a bunch of people who didn't mind to remain anonymous.
The reason why most of the traffic on blockchain is used for gambling is that it's very easy for users to wager a lot of money very quickly through the automation. And because most sites incentivize being active early throughout the lifetime of a platform, a lot of people are doing that. Numbers look crooked, because a dice bet is typically being done multiple times in a row, as opposed to a purchase in a game or similar.
I am beginning to think if unregistered gambling sites are really bad for crypto. Bitcoin is decentralized and doesn't need government registration and approval so why the need for a gambling site to register under government laws? I respect that registered gambling sites are the least to scam people. But to be honest, I will not hesitate to gamble in an unregistered gambling site if its owner is a reliable person. Sure, but generally there's a (historic) reason for gambling regulation in general. Gambling operators used to (and still do) rip off people. How do you check whether a "provably fair" crypto gambling site is actually fair? Registered gambling operators can at least be audited through officials, even if that doesn't give you 100% certainty, there's a lot of aspects (like ad bans) that prevent average people from using a lot of money. Generally, however, gambling is great for crypto adoption, so let's have it! |
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These guys are very strong business men and they have lots of experience and marketing strategy in life, and when he was making all those statement of bitcoin reaching certain amount of value in future and promising to eat his own dick if it does not, he knew that this statement was going to attract lots of people and lots of supporter to him, since we virtually don’t have anyone that is a cryptocurrency believer that does not love bitcoin, and which is why he chose to come from that angle of bitcoin, but you see that he really was playing his game very well against his plan to launch his dex and the awareness he has created down already may really make him to be successful in the launch of his exchange and get lots off volume on it. Maybe this will be the first dex that will really attract lots of volume.
It's not over, yet :-D |
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he is the biggest joke to the crypto world
He is influential though, isn't he? |
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Of course Andreas. But... has nobody mentioned Saifedean Ammous?  Seriously, I think way too many people are overlooking that guy's work. Yes, that is indeed surprising. But at least you have pulled him out! |
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For me the most fun person is craig wright(claims satoshi as satotoshi) haha lol 😀 And McAfee the man always predict bitcoun future in good side or bad side.
Not sure whether Craig Wright talking about himself being Satoshi and owning jillions of BTC is the most interesting to listen to an entire evening, though  |
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He is the CEO of the Tapscott Group and the co-founder and Executive Chairman of the Blockchain Research Institute. Don Tapscott seem to be a fun guy to listen. He explains well for those who aren't into blockchain and made it very interesting for someone while speaking about it in layman's term. He speaks on conferences about the technology, basically just like Andreas. You don't usually see a 60+ year old who speaks about this greatest technology who said its not the robotics nor AI technology that is going to revolutionize the world and reboot it entirely but blockchain. Interesting choice! Will have to check him out more deeply! |
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First of all, it depends on which tokens you want to trade. Then, I'd always use the ones with the highest liquidity. As DEXes generally have rather low liquidity, going to the top DEX makes a ton of sense. If the token you want to trade isn't listed there, then, well, you might want to reconsider even trading that token.
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I would have chosen Satoshi Nakamoto, the true influencer of Bitcoin but the guy seems to have disappeared after the creation of Bitcoin, without no public appearance afterwards. However, my go to is McAfee The guy obviously knows how to bring in more people into Bitcoin because of his overhyped price prediction. This is a very good point. The mere fact that John McAfee is making these unbelievable predictions might cause some people to actually get in :-) |
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I makes sense to diversify. Go for coins with a lot of adoption potential rather quickly and mix with highly speculative ones.
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The most fun person in the crypto space is the great John McAfee. If I have a chance then I want to spend my weekend with him, I hope the experience will be funny! He has a good punch line!
This token thing that he is pulling off now is another proof that John McAfee is one of the most iconic figures in the space! :-D |
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A typical John. He's always able to pull off something new that nobody had expected :-D
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Yeah, Litecoin dropped as the entire market dropped. Also the halving itself is expected to have a bigger impact on Bitcoin because the current market supply is being created by miners selling their rewards. There is generally not a lot of supply in Bitcoin that is being actively traded, so a reduction in supply (at constant demand) should drive the price up.
This can of course be covered by other events, so it's hard to rely on the halving driving price up all by itself.
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hi guys do u prefer short or long term investing in crypto i prefer short term only i just buying a coin for ex at 20 and sold at 21 or buy at 60 sold 61 in the same day i don't like long term investing because it take too long and finally that coin can fall even peoples who bought ETH at 0.03 or more they are in big lost now and even BNB some peoples bought at 0.003 or even 0.004 i know that some coins can raise in the future but i don't think we have to hold coins for yeras when u can make in this periode thousands of dollars in short term investments i remember when i make 1700$ in hours with NLC2 its a shit coin true with price of 20 sat now but i don't care because i didn't hold it i just checked its chart and i found it falling to 800 sat and raising to 900 in seconds so i bought it many times at 800 and i sold it 900 and i make 1700$ i less then two hours what i want to say is why u holding coins for a year when u can make at least 25 - 50$ in a day with only 0.15 - 0.20 BTC this means 50*365=18250$ Most people I've seen who were in for the short-term went broke. Most people I've ssen who were in for the long-term are still in and have made great (unrealized) returns. Can be just very personal statistics, but the markets are really difficult to predict. |
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Dogecoin has had suprising success because it was easy to transfer large numbers of DOGE when it was still new. That way, people used it for tips, as it's "cooler" to receive a tip of 100000 units than of 0.000001 units.
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