Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
another crypto-currency can not make bitcoin obsolete, that doesn't even make sense. another crypto-currency is just another one, it surely can become big and even become bigger than bitcoin in the future but that doesn't mean making bitcoin "obsolete" it can only take the market at best. and i have to say no such crypto-currency is created yet if you are having some specific name in your mind  |
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What are your struggles in earning bitcoins? Ex. Got scammed / Spent a week earning bitcoins through faucets with a little payment
etc.
it is always harder in the beginning and it will become easier once you get more familiar with methods of earning and using bitcoin. but also it doesn't have to be hard if you think and search about what you are about to do. for example you only get scammed if you make a blind investment in something like a ponzi. |
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you can't predict it for sure and you can't put a max price for bitcoin after halving. it can stay around $600 or it can even start going up to the last highest price ~$1100 or it can even break all the resistance and surprise us all by going to >$2000
we just have to wait and see.
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at this point, nothing and if the rise continues this way -slowly and in small increments- in case of a panic selling the price can go down something like a $50 tops. and this was tested before when hearn spread those FUD about bitcoin and panic sell started.
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If one managed to obtain the private key to a wallet that contains over 50 million dollars worth of bitcoin, how would one go about spending it? or cashing it out?
one would wake up from his dream of getting rich by coming up on free money and continue his normal life without stealing other people's money. |
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The fastest way to increase your bitcoin is through gambling. Its unstable but if your an expert to it youll be rich overnight.
The second is investing on onpal and hyip. You must be an early bird to catch early bitcoins later on it will collapse and nothing will be left of you.
The third is investing on mining, make sure to select mining site that are on business 3 or more years already.. small income but harvest it 5 years from now. instant millionaire haha
Fourth is hoarding, just let your btc sleep in your wallet it will go up in time as btc rise up in value theres no stopping it.
Lastly, engage in trading, dont trade overnight but wait every halving of altcoins before exchanging or trading that way your income is at best.
all your methods are terrible, they are considered bad ways in general and will not make you any bitcoin and your fourth way is not even a method of "increasing your bitcoin" you can't increase it by holding! and trading is good but it is not easy, so you cant expect jumping in and filling your pocket. |
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gambling is not a way to earn bitcoin online and even if you can earn something out of pure luck it is definitely not an stable way to earn bitcoin.
for more reliable way you have to do some jobs based on your skills. trading is one of these ways which requires some skills which everybody can learn.
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Hi guys i just want to share my experience in gambling which is i am still playing since january but never made any profit with this game.. any other tricks settings and methods are already tried but still now never made any profits.. What you can suggest to me i will still continue to gamble in dice game with other methods or just stop gamble..  so far i haven't made any profit from gambling in dice games either. you are not alone, it is all about this game that doesn't let you make profit in long term. i have won a lot but in total i have not made any profit and all those wins just cover the previous losses. |
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i only come back for the entertainment part of gambling, i have given up on getting rich from gambling delusion long time ago and now i only come back and play some games from time to time if want to have some fun and spend some money on some bets.
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bitcoin itself is one of the safest ways you can imagine to have your money like. i mean as a currency. the transaction, the holding and everything about it is safe.
but also bitcoin may not be the safest investment because of the volatile nature of the price, but this has been changing over the past year and bitcoin is reaching a more stable state.
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now Yes ,it depends on the way of thinking of an investors but as you've said it is both good for now..but in the end of the halving the effect of it will have a big start this will a big news for the new investors. It is hard to predict what the halving will bring to us but it wont change that much I think and that is because the value of Bitcoin will not rise that high. But it is now already rising slowly so that is nice, but you never know what will happen in the future with the value. bitcoin certainly has the potential to grow that much and reach all those numbers which may sound stupid right now but it can happen anyways. back in 2010-2011 nobody even though that bitcoin price can reach $1200 and you can actually find their topics here too but you can see how history has proven them wrong. |
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On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,
I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!
although both your resource and your reasoning are wrong but you are making a correct point. and it has always been like this. when the price starts moving up everybody who were not thinking about the future starts to panic and feel like missing out so they start buying. |
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it is all about the supply and demand and if you ask me for the foreseeable future the demand is going to be the key factor in determining how the price is going to be like.
i say this because this demand is what you can also call the adoption of bitcoin, as time goes by the more people are going to know about bitcoin and more of them are going to start using it hence more demand and higher price.
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On websites forums FB and anywhere that a few years ago their was a lack of support or knowledge of Bitcoin there has been a definate change of attitude and perception.
it was expected. bitcoin is a new technology and takes time to be adopted, so over time more and more people are going to know about bitcoin and start talking about it. but also it is partly because of the price rise. this rise will also bring a lot of media attention and will lead to more attention and people who are talking about bitcoin. |
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you are comparing apples and oranges here. HYIP is a scam and there is no argument about it but Mining is a business that you are investing and doing something (running mining equipment and mining blocks) to get paid. even if you are talking about cloudmining, it can be legit business and if it is scam then it can't be called mining it is ponzi.
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it seems like there was some kind of an epidemic going on yesterday, it affected multiple exchange service sites. it was not the first for Poloniex but i saw Yobit being down yesterday also which was a first. good to see they are back today although Yobit feels super slow.
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try to learn some skills to earn with those skills, all these small payment methods that you keep hearing like faucets or even signature campaign are just ways to earn some small starting amount for you, but if you learn some skills that are useful and gives you the potential of earning from, that way you can earn so much more.
and it doesn't matter what skills, you should just learn what you like or feel like being useful to you.
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It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
it is good to know that bitcoin is not an obsolete steam engine  but no kidding, the rise has been slow and stable so far, you can call it running out of steam or you can call it slow rise, it doesn't matter, the important matter is that the price has been rising back from last year and it is stable which is good. |
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Is it possible to make Bitcoin as our Universal Currency?! Just like English as our Universal Language. Since Bitcoin is known worldwide and accepted internationally do you think it is possible?
just like English which is not being used all over the world bitcoin will never be used by everyone in the world. although bitcoin is already a Universal currency meaning it can be used by anybody in any country, but it doesn't mean they are going to leave their fiat for bitcoin. |
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the Russians have always been new making in bitcoin world. they are holding big ass bitcoin related conferences in their capital Moscow, and we keep hearing these kinds of news about Russia banning bitcoin, steam banning russia and things like that!
it is strange and worse than that is the fact that you hear it from a well known crappy news site called cryptocoinsnews which is known to lie
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