Well, there could definitely be a bubble waiting for us somewhere here but I guess it's really important to follow what your gut instinct is. If you feel like that the price is going to go up, then by all means hold.

Otherwise, sell when needed. Be rational.

I think the main reason behind it is because the Chinese government imposes a limit of forex that each person can maximum redeem each year from CNY. And bitcoin is the way around it.

Everyone likes to have freedom, Chinese included.

Damn, 2 bitcoins is still a lot of money to have around. Nothing to be ashamed of. Also WAVES launch should be today as well, so it would be interesting to see what turns out.

I've saved around 5 BTC in total, but most of them are wasted along the way.

Definitely. It is always easy to say something and not get it done. You probably say to yourself, work on this project today and finish it by xxx time, but you actually never finish it.

Procrastination is a disease that spreads like wildfire across your body.

Well, what's the point of quitting your day job if it is going to pay more than bitcoin offers? I mean, it is important to work for something that you love, but I guess it's more important to get as much money as possible.

So right now, no. I'd rather stay with my day job.

Have to say that I really spend my bitcoins very actively seeking investment opportunities, as well as the occasional gamble with the money. Probably every day I make a transaction with BTC.

Not that many opportunities though to spend my coins in real life, I would like to see more stores accepting BTC.

Paper money has no future at all. That's why it's paper. It's not liquid. It's not even rock solid. It's just a little piece of paper flopping around in the air. It's worth nothing intrinsically.

Bitcoin on the other hand is decentralized, undisturbed by the government.

I think that by 2020, the majority of the world will be adopting bitcoin. This is because I believe there is a very big financial collapse all over the world coming very soon in the future.

The bitcoin price will soar to $1 million plus.

There is a thing called sports arbitrage which I'm sure a lot of you have already heard of in your lifetime. I have heard of it as well although I haven't experimented myself with it.

Basically you're finding odds across a whole range of sites that doesn't match up exactly, and you can profit off the bet however the event turns out.

Well, I think the bitcoin price depends a lot upon the current fiat currency system, since it is priced in USD or other fiat currencies usually. I think that if there was to be an economic collapse, the BTC price will be at least 1 million +.

But if fiat retains its value, which is highly unlikely, then probably $5000.

Well it's really hard to compare two completely different ideas together, however based on all their merits I'd still prefer bitcoin over paypal because bitcoin is anonymous and completely safe.

Paypal can freeze your account anytime, while it's impossible for BTC.

Definitely true. One of the biggest mistakes I've done as a newbie is probably gambling what I could not afford to lose, and then blaming it on the house for not being provably fair.

But over the years I've learned that gambling is your personal choice.

Well, investing could be a really interesting option because investments are risky as well, however probably not as risky as some other ways to earn more bitcoins such as gambling.

It depends on what you invest in. Good investments will do good and bad investments will ruin your life.

definitely not cloud mining or any of the HYIPs, simply because they are all ponzi schemes. And ponzi schemes are all scams. Whether they collapse now or later, it's a matter of time.

Gambling could be an option, i guess it's really up to you and your risk appetite.

Not really ideal for bitcoin mining. No computer in my opinion is really that suitable for bitcoin mining. If you are going hardcore with mining, I suggest you getting some proper hardware.

Also with the difficulty increases and halving... Not worth it mate.

definitely. faucets are a complete waste of time to me, simply because they offer so little reward for such a big amount of effort. However, if you're new to bitcoin then this could be a good place for you to start with.

I think the best way is currency exchange. There are some people who wants to get rid of BTC, and some who wants to buy BTC.

Probably typing captchas is the best you are a newbie that is just getting started on bitcoin businesses. However, beware of any potential malware that may harm your computer and steal all your bitcoins instead!

If you have some capital, invest in a bitcoin startup, or at a P2P loan site.

I think that most people use bitcoin right now as a part time resource that can potentially yield them some extra income if the price goes up, for example. However, it is not guaranteed profits.

So no, I don't think that it is safe to earn a living with bitcoin right now, just yet.

Well, yeah. Bitcoin is a legal currency in most countries except a few. However, because it is mostly anonymous and decentralized, it also means that people use it for illegal stuff like drugs.

But you can buy drugs with any currency, cash, bank transfer, anything. Not just BTC.

I think the best way other than signature campaigns is probably reselling goods or services. You can offer any service or goods up for sale, whether it's virtual or a physical item.

Also if you have enough capital, try lending or currency exchange. They're pretty profitable as well.