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2001  Other / Off-topic / Re: Earning a living with bitcoin? on: September 21, 2016, 02:12:49 PM
Hello guys,

how many of you are earning for living just with bitcoin based projects? If some of you do, can you contribute what do you do?
I do think that it is possible to earn a living with Bitcoin but for that to be possible you will have to handle in allot of Bitcoin.
That is expensive so it is not going to be possible for everyone.
It is possible of course because bitcoin has a great value, if we can work online for bitcoin and we will just live a simple life then I think we will be able to buy our needs daily, there are a lot of ways to earn here including investing and trading but you need to have the full knowledge in order to success.
2002  Economy / Economics / Re: How many Bitcoin do you have saved? on: September 21, 2016, 02:08:38 PM
Just recently got into BTC; I have 2.5 saved up.
Plan on taking 25% of each of my paychecks and accumulating and seeing what will happen in 2017 or later in the year.

Thoughts? Ideas? Speculation? Advice? Tips?

 Huh
Nice, 2.5 BTC is a good amount for a newcomer. Also, how much is your salary per month? Because 25% is a lot, well, if you have a small salary. For advice, you should store your Bitcoin in a secure environment. For instance, paper wallet or in an offline PC.

Salary is about 3k / month.
Is storing it in Coinbase wallet secure? I recently signed up with that website.

How would you go about storing in an offline PC or paper wallet? I don't quite understand.


The best way is to download and run bitaddress.org an offline computer (boot up using OS on a USB drive?). Then print out the paper wallets generated using offline printer.

By putting 25% of you 3k month salary, you should be able to achieve 21 BTC in a year- that's 1 in a million!



That's a big salary already, are we talking here about USD? If I am into your shoes, I would only save a certain percentage on that for bitcoin, and I believe a 10% is more than enough to take care of my future, remember that the price will increase substantially in the future.
2003  Economy / Economics / Re: Is it better to save money or invest it? on: September 21, 2016, 07:59:28 AM
Saving money I think is good but I think it is better to invest it. By investing it, your money will grow but when you just let it sit, it will not grow you can either invest it in stocks if your good at it or just put it in a bank with a good interest rate preferably those banks that offers compound interest. That way your money will grow but it is faster if you'll invest it in stocks but there is a big risk of losing money in it.
I thought you could not mention which one is the best between the two. because they are equally important for the future. you can not rule out save for where your money if you do not collect and store income you get?
Having a job will already give you an income and it does not need to have an income in investment just to save, most of us here are having a day job and that matters because bitcoin is unstable, if we can save then the better because we can use a certain portion of our savings to invest with bitcoin.
2004  Economy / Gambling discussion / Re: Why is it Sports Betting is better than other type of gambling? on: September 21, 2016, 07:56:54 AM
I want to know why people always pushing sports betting as a type of gambling that can give the punters the best chance to win? I need your opinion on the subject and hope you guys can share your informative comments here.

betting on sports or i think it is safe to say betting on many other types of gambling games which are designed in a way that the win or lose depends on your skills rather than purely your luck. in these games you have a better chance of winning if you are skilled enough.

that is why you can see long winning streaks in sports betting tipster threads and they make a good amount of profit even in long term.
Yes indeed true sports betting is a place which is very good to get a win / profit in gambling. If we are skilled to read and predict the game, the chances of our victory is huge. If I bet on sports betting I only bet on games that are easy to predict.
Maybe the first thing to consider why sports betting is better that any other type of gambling is the gambler itself, if a certain gamblers has no interest in sports then surely he will not enjoy sports betting but I know most of the men sports bettors loves sports so they like it more than other games.
2005  Economy / Gambling discussion / Re: How much can u lose with gambling? on: September 21, 2016, 07:40:55 AM
I do not want to how much I lost in gambling. But I make sure I've lost a lot in gambling from the beginning I gamble. Perhaps if the sum could reach 0.3 BTC. And if I gamble I often becoming lost, I won in gambling only on some poker and sports betting.
If we already forget the exact amount of our loses in gambling that means we have already move on from the past and also it could also mean that despite of the loses we are still enjoying gambling and I believe that it is the most important thing for every responsible gambler.
Forgetting means accepting, and it depends on your purpose in gambling, if you are gambling for the sole intention of making money then if you lose big that would be considered as defeat but if you are just gambling for fun then your loses is just part of the expense you have to pay to be entertain.
2006  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: September 21, 2016, 07:38:04 AM
all here know and agree that gambling can make our lives ruined. gambling just give a little fun in the beginning but leave misery in the end
Yes it can ruin your life especially if you are greedy, if we lose there is a part where you want to get back what you have lost and because of that the losses are just increasing. it can wreck your life and your relationship with your family if you become addicted.
the most worst situation which can ruin your life are when you lost everything.

i mean like when you have lost and then gamble again to get a streak lost , you lost your money and then decide to sell everything you have in your house , still not enough to gamble as you need to have back your losing money you decde to sell your house as your 50-50 chance to life. this is the worst scenario and i have heard someone have done this before somewhere.
The worst thing is when you lose your family because of addiction, we work hard for our family but we resort to gambling and made a mistake, it is just acceptable because we are desperate to make money in the first place but if we keep doing it that would result to a serious problem like I have mentioned.
2007  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: September 21, 2016, 07:15:28 AM
Those who do not understand and not interested on bitcoins are the one who do not like it.  I do not think that people would hate it they just do not understand it.

Many people doesn't really know what bitcoin is, how does it works and where to get it. So because of their laziness they are not able to do some research.

And don't forget those people who have failed with bitcoins then they are also one of the haters of bitcoins they are still not moving on to their failure.

It is better if they are going to move forward and start another way to use bitcoin.
I agree because the fact that we are just 1% users of bitcoin compared to the total population of the world the big disparity will already prove, however we should not be contented on that figures instead we have to help promote bitcoin at our way to help the economy progress and more people will adopt.
2008  Economy / Economics / Re: Why have Bitcoin instead of cash? on: September 21, 2016, 07:09:12 AM
The percentage of getting robbed is smaller than piling up my money in my closet.  Grin My money is also invested and somehow I can also withdraw it to cash whenever I want it. Unlike just having an ATM also where your money just stays to what you put in it.
So this is way better than any other.
I think bitcoin and cash are both good and we cannot just choose one because we cannot use our bitcoins without cash and we cannot grow our cash without bitcoin, they are interrelated and they work together to give us convenience and income at the same time.
2009  Other / Archival / Re: Do you use bitcoin as currency or investment? on: September 21, 2016, 07:01:23 AM
I regret that I use the bitcoin that I bought to invest on a scam site.  But I still think it is good if you will use it both as currency and investment. 
Don't worry dude cause you are not alone, when I was new in this world I was also a victim of scam sites but I have move one and learn from my mistakes in the past, and now I am already happy with the my standing as I can invest already in legitimate business online.
2010  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: September 21, 2016, 06:48:15 AM
I plan to invest in some projects, also trading in the bitcoin/altcoins market. I think with the current volatility, it's possible to earn good profit, since the investment is made appropriately.
yeah investment is better to use your bitcoin so that in the future the amount of it will be more larger than before. because we all know that bitcoin can increase their currency and that is more excited that you can earn big in the future.
Holding your bitcoins for a long period of time is always the best investment method as it is very simple, you just have to ensure that you are making the right way to protect your wallet either you are using an online of offline wallet as that will be your wealth in the future. In addition, having a big trust in bitcoin is necessary as it will not let you do a panic selling once you witness a crisis.
2011  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: September 21, 2016, 06:42:08 AM
Well if flat will be worthless then no one will exchange Bitcoin to flat anymore because flat is worthless already. But what i think is flat will never become worthless even Bitcoin price in the future will become really big. Because $ is our standard money wherein everyone knows how to use it.

i think fiat is still worthless because as long as bitcoin is not have legality from government, i think its hard to make bitcoin reach that amount, maybe it can, but people still trust on fiat as their currency. beside that, large people still using fiat, and only of us which using bitcoin as investment, trading, and gambling.
Cheesy thats true, fiat is always worthless because of that endless printing of the money that is happening in the usa
You can never say that, I would only believe that fiat is worthless if you are not using it now, whatever we say fiat will always remain and even how successful bitcoin will be, they cannot beat nor replace fiat under any circumstances, mark my word.
2012  Economy / Economics / Re: Should I believe in Bitcoin ? on: September 21, 2016, 06:25:08 AM
Yes I think its worth believing into the bitcoin because it has a great future a head and it stays a good investment if you are asking me.
we should all just have patience and stay believing right now.

Bitcoin is really the future of crypto currency and as well as currency of the whole nation. And while it is still on its early years if you are going to believe and adopt it today and you are going to have bitcoins already while the price is still low. So when the price is going to increase, then you can just going to simply get a profit with it.
We have seen in the past that those who believe in bitcoin is already rich now, and for me I will still believe because I consider this stage where we are now is too early yet and we can still make more money in the future as bitcoin has more room to grow, we just have to continue to support bitcoin.
2013  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: September 21, 2016, 06:10:06 AM
I would like to invest money  in both, as both may bring great  benefits. We cannot be sure about  which one can be more profitable in  the future, so I think it's better  to invest some money in each of  them, to diversify the portfolio.
If you have more money no doubt you should invest in gold but if you do not have more money just choose bitcoin it is not required big capital to invest.
We need to choose only the investment that we can afford do not compromise all your money if you do not afford to invest in Gold.
Gold is always the safest investment as it has been proven many times that it is a profitable investment but majority of the people who like to invest are not living a luxurious life that they can afford to invest with gold, they will just invest on high risk investment with a great potential like bitcoin.
2014  Economy / Economics / Re: Bitcoin or gold? on: September 21, 2016, 06:04:11 AM
Can I choose both?  The two were not the same and have some advantage and disadvantage.  Gold has been there for a long time now and we know how stable it is.  Bitcoin price is not stable and we do not know how long will it last on the market.  Gold cannot be attain if you have no money to buy for it.  Whereas, bitcoin can be earned.

You do have a point about the difference of the two.  But it seems that bitcoin is for us.  We are here to earn since we do not have any money to buy for gold.  Gold is dangerous to have since people knew its value.  Bitcoin like what you have said can be eatned that is why bitcoin is for us.

who is this "we"?
everybody has some money to invest unless you are a bum living on the streets. so stop thinking about earning through your signature campaign and start thinking about some investments.

then you can see that Gold alongside Bitcoin can be a good combination for a good investment to diversify and reduce the risks.
Bitcoin is much affordable than Gold, but this two (2) having a great return of investment depending of how much your investment, earning in signature campaign can helps you to increase your investment in bitcoin and it is also possible that you can invest in gold by collecting more bitcoin.
Bitcoin has never been expensive because the expected value in the future is great, gold might be a stable investment but if we are talking of the potential to earn big even in a short period of time the answer would always be bitcoin.
2015  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: September 21, 2016, 06:01:38 AM
How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
The most important factor to determine that is the value of bitcoin when the time you will sell your bitcoins, regardless of the number of bitcoin you are holding but the value will not increase you will still not be able to buy a house, let us just continue to save and hope the value will rise in the future so the right time will come for us to buy.
2016  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: September 21, 2016, 05:49:02 AM
I would invest all of it in DigiCube making all the holders rich  Grin
You really are confident with your pick but not me, because I believe altcoin will not make me rich as they are only good for short term investment. I would suggest that you just invest your money to bitcoin alone and hold it for longer period of time as bitcoin is more legitimate.
2017  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: September 21, 2016, 05:44:13 AM
70% of my money is in bitcoin......remaining 30% are for other needs....

You do really have trust  on bitcoin since 70% of all your money/assets are being invested into bitcoin which is somehow risky because  we dont know what would be the price of bitcoin in the future. Well you are really a  risk taker  but  only 2 things might happen, you would smile for   big profits or cry when bitcoins price would go down.
I can say when I see that kind of person who puts more than 50% of his asset is bitcoin is a big risk taker and you will not risk that amount if you have not trust in bitcoin, I like to be that kind of investor but I need to prioritize the needs of my family so I have to limit.
2018  Economy / Trading Discussion / Re: do you accept bitcoins in your business on: September 20, 2016, 07:47:40 AM
We are never accepting bitcoins in our company and that is just because there are not very much peopel who like to pay with the itcoin so they dont understand it yet if i introduce it
Maybe in the future we will begin to accept bitcoin on our business, but if you are just too supportive you can start accepting bitcoin so you can spread the awareness to the people and they will know that bitcoin is existing, the would certainly help on the bitcoin economy as a whole.
2019  Economy / Trading Discussion / Re: Trading is unpredictable job. on: September 20, 2016, 07:44:33 AM
Trading is really one of the biggest unpredictable jobs because you will never know what the price will do with the bitcoin and you wont know what the future bring for th ebitcoin so it is really unpredictable.
I agree, but by the moment you are already good in predicting that would be the time are going to be rich because trading will be easy to you as anytime you can make money and even make a consistent money, if that happens to me, I will definitely quit my job then.
2020  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: September 20, 2016, 07:38:54 AM
Some people do hate bitcoins because of the liquidity it shows when the price goes back down, and that's somewhat a disadvantage for it...
This should grow steadily, so that even bigger investors take interest in this and start investing in Bitcoins...
you are right but most of the people such ahte it because they cannot make any money with it and that is just dumb i think

they are wrong if they think it that way. bitcoin is currency and not just a thing that have value. they can use bitcoin if they want to accept it as currency and not only for earning purposes. those are kinda different
Bitcoin are both currency and investment but as of the moment because the real purpose of bitcoin is really a currency that we can use online. It is just called as investment now because we are betting on this to be popular to gain from our investment when the price will increase, and once it will be stable the real purpose will be serve.
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