Bitcoin Forum
June 01, 2024, 07:56:30 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 [103] 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 »
2041  Economy / Economics / Re: Best way for steady income on: September 21, 2016, 07:31:17 AM
nothing all investment online high risk
all investment online only hyip scheme ponzy
on wait time owner much money can scam site

That is why some are building the trust first. So that people wont think that way. But the problem is there is too many scams that are happening, with this bad reputation is given to all.

Yes there are few bunch of people who are involved in scamming people and that makes new comers hesitate in entering the world of bitcoins and it also creates bad image of bitcoins in their minds.

Scammers are everywhere not only in bitcoin. Online or real life, you will always come across a scammer. We should always beware of them even if you are not in bitcoin. One way to avoid them is to never fall for their sweet promises. If they say something that i s too good to be true, then do not believe them and stay away from them.
2042  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: September 21, 2016, 07:15:57 AM
My plan to get rich with bitcoin is to earn alot of money (Fiat) with my job and put alot down into bitcoin.
Then I wait for it to go high up in price and then I profit if the value goes up by alot. Hoping it can reach 10k each bitcoin.

Do not invest all your money in bitcoins and don't trust it blindly, if bitcoin disappears in future then  it will surely make you bankrupt which can put you and your family in huge trouble.
agreed i recommend that you only invest the amount that you can afford to lose, we are all have freedom to invest but just always be careful and think more times before we do something specially on investment more people getting lost because of loosing more money on investment.

And since you are investing, you should also consider investing on other investments, not just on bitcoin. Bitcoin can be very promising but we should not put all our money in it. Have other investments aside from bitcoin so that if ever bitcoin fails, you still have money invested on other things which can earn you money. 
2043  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 21, 2016, 07:11:41 AM
No, I will never prefer to quit my job for bitcoins as I am not sure what will be the future of bitcoin and what value it will be holding, job offers me financial security and also retirement benefits to me and my family.
Well thats a good decission that you will never quit job for bitcoin because bitcoin will be a sideline only and you can earn more than your salary by bitcoins but if you can earn more bitcoin than your salary probably i will quit my job to focus on bitcoin so that i can pursue my dream and not to continue dreaming it.
If you are young and healthy I don’t see why you cannot do both that way you get the benefits of a regular job, like a pension, healthcare, etc. And you also get the benefits of bitcoin, a great investment, low fees, etc.

While you are young and strong you must work hard and earn as much as possible. And make that faster by investing too. If you grow old, you have money and you will never worry your expenses. So if you can manage to have a regular job and a part time job, then do so. It will allow you to earn more while you can still work.
2044  Economy / Economics / Re: Is it better to save money or invest it? on: September 21, 2016, 07:00:53 AM
Your idea is good but in my case I would always choose to invest in bitcoin rather than putting my money in mutual aid fund or stocks. Actually, that was my first idea before when I have still a little knowledge about bitcoin, but now that I have matured, I was able to analyze that investing in bitcoin has more benefits.

Both of them are good to invest with. Mutual funds,  stock markets and bitcoin can give you a good interest if you are going long term. You can invest on all of them. It is actually better if you put your money on different investment accounts to minimize your risk.

2045  Other / Off-topic / Re: Are you buying bitcoins? Why? on: September 20, 2016, 03:57:35 PM
I'm afraid I may not fill these orders. I want to buy at $550 and $500 but the
way we are consolidating at this level I may have to buy a little here in fear of
missing out if we start rising.

YOu should try cost averaging so that you will not fear if you will not enter on the right price in bitcoin. There is no wrong price in buying today  because we believe it will rise very in the future. If you do cost averaging. you will be assured you are getting the lowest price possible.
2046  Other / Off-topic / Re: What is Max amount of btc once you own? on: September 20, 2016, 03:47:39 PM
I never got hold of 1 full bitcoin yet. I started late, so I think it is just fine. It is harder to earn bitcoins now. I think the max I got was half a bitcoin. I was earning it since the price was still 400 range. ANd when the price hits 800 last time, I dump it all.
2047  Bitcoin / Bitcoin Discussion / Re: Investing my $2,000,000 Into bitcoin (advice me) on: September 20, 2016, 03:36:05 PM
I do not think that what you are saying is true.  I do not know how did your friend acquire that $2M and he do not know how to invest it?  People who are rich do know how to make more money than all of us.  They are good in financial analysis and strategies.  If he have those huge amount of money he will not ask someone how to gain more through bitcoin.  I mean he will be using bitcoin to earn more but I think he will read more and search things connected to bitcoin by himself.  He knows exactly what to do and will not accept someone else's opinions since he had make or have that $2M.  He may go directly to companies who were into mining or investing.  And if he have $2M maybe he is more and far richer than those mining/investing sites around the net. 

True or not, that is a serious amount of money to be put in mining. I do not think he should be consulting a member rank only about this serious stuff. what I know with rich people are, they do not need to know everything or do everything in their business. What they do is they hire experts to do things for them. That is how they get rich. And if what he is telling is true, then I think that person has already hired an expert in bitcoin to do a feasible study for him.
2048  Economy / Economics / Re: Is it better to save money or invest it? on: September 20, 2016, 03:23:10 PM
better than good invest
because with invest can growth your capital money
yes i am also agree with you it is better to invest your money rather than to save it, because if you are going to save your money its mean that you are decreasing the value of your money, and if thought investment you are growing your money,
when it comes to bitcoin it is just better to save it because most of the websites would be just ponzies and you would lose money

Let's be specific with those websites, those are hyip's ,ponzies and cloud mining websites. There are still some websites that are good for investment, just like exchange websites and trading website. They are going to be a good way to invest your money or if you don't want to take the risk of investing then you are just going to save your money.

It is bad that investment in bitcoin is always associated with scams, hyip and ponzi. Just because you got fooled by the promises of this websites does not mean all investment sites are scam. Even in real world, it is hard to find a good investment and so is with bitcoin. But investing is the fastest way to make your money grow. So we need to learn it and do it.
2049  Other / Off-topic / Re: Earning a living with bitcoin? on: September 20, 2016, 03:08:12 PM
Doing full time with bitcoin bring more money that working in a day job if you are just receiving a small fee, and I would say with working online there are many opportunities to earn and you can grow as a person because you have no boss here and no politics and your earnings will only depend on yourself and not other people.

It still depends on what kind of skills you possess. Traders and developers can have more projects online because they can do multiple projects at a time. But those people with skills only suitable for offices will have a hard time working online or in bitcoin.
2050  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 20, 2016, 02:58:29 PM
I will not quit my day job for bitcoin cause bitcoin is no stable income and I need that for my life cause I have to pay mortgage insurances etc and with bitcoin I can't pay for that.

It is really hard if you are going to quit your day job and you are not sure what you are going to enter in bitcoin industry.

And why you are going to exchange your full time day job if you are earning good profit with it and you have a lot of benefits and incentives for being employed there.

It is better if you are going to work for both jobs, in your day job and bitcoin job.

To be rich in future, I think we should have hunger for money, and if you are hungry for money then you will surely make extra efforts to earn it, and if you can manage to work on both, then you can expect higher income.
That's what you called the law of attraction, where you always think of making money, when in your mentality is all about money that is when you will strive hard to do things that would give you money, you can think of investing and any possible ways just to have your goal.

But i think it is better to be rich by doing what you like or passion. You enjoy what you do everyday without getting bored if you like what you are doing. It gets boring and tiring everyday if you just make money but you don't like your work. Dreaming becoming rich is not bad but if you're taking advantage to others is not right.

I do not think you will ever progress if you do not want what you are doing, so much more to be rich. But if you are doing something for something that you like , example money, then you will be  more motivated to do more.
2051  Economy / Economics / Re: Why have Bitcoin instead of cash? on: September 20, 2016, 11:02:37 AM
i think that it is a good idea to have btc instead of cash because you can convert them anywhere, even in the middle of the night.
So for example if you made 2000$ in US, and you converted them to btc before traveling to pakistan-  you can withdraw then in pakistan without holding cash with you.
Seems great right?

Sure it's a great way to sneak money out of the country but you should probably convert it back to dollars or the local currency as soon as you arrive. The flight from the US to Pakistan is like what? 13 hrs? Anything can happen in that time, imagine leaving the US with $2,000 and having only $1,100 when you land   Cheesy If you need to have access to the money immediately after you land, make sure you don't do it at a time when the price is fluctuating widely.

That is a pain. But I think even if bitcoin is fluctuating, it is not fluctuating that much anymore. Unless there is a bad news or another hack. But you can just wait it out and convert it back when the prize goes back up.
2052  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: September 20, 2016, 09:40:47 AM
The Bitcoin price does matter and to be honest it is the most important thing to me. The Bitcoin price decides if people are going to buy or sell their Bitcoin.
If the price is high people are of course going to sell their Bitcoin and if low they will buy.

You nailed it, that is really  important because if bitcoin is totally worthless then what are we doing here and why we need to keep on using bitcoin? But bitcoin's price is really good so that is why we are here and keep on using bitcoin. Because the value of it in the market is really high and there are more to come if we are just going to be patient.

I think that is not what bitcoin is intended to be but that what happened. We only appreciate bitcoin because of the profit we can get from it. But it's actual intention is to free us from the grip of fiat.
2053  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: September 20, 2016, 09:16:39 AM
in terms of security, the bank is better than bitcoin wallet, because the banks protected by the government and an authorized financial institution
I disagree since the wallet protects you precisely form those banks and governments, that is something that the bank won’t do

If your bank account gets hacked then banks will stand in your support to recover your money, but if your bitcoin wallet gets hacked then there is a least chance to recover them.

Banks won't stand in your support. If it wasn't for their own advantage, they would never do it. They're helping you because not doing so would lower their reputation (imagine a website being hacked, money being stolen from users... now imagine the difference between him trying the best to take the money back and him leaving the Internet and going away with his profits caring nothing about their users). So they are both a bad option for long term (years) storage. Storing your money in  pure gold is the best option to rely on.

I do not think normal people will  be storing gold. Those are options of the rich and the wealthy people only. Both of them have their pros and cons. It actually depends on the user which benefits them the most.
2054  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: September 20, 2016, 09:02:01 AM
If i get 10 bitcoins freely, i will turn it all into fiat and pay my sister college and buy her a laptop or a netbook, because it's hard to earn money and my parents is not rich so do i.

Impressive, its good to use them in investing in some good things instead of wasting it on fun and entertainment, with good laptop you can earn more bitcoins  Wink

His sister education can be an investment but a laptop is not. He can put the 10BTC into investment or he could start trading, and use the profit from that to put her sister into college, buy laptop, cellphones or anything he want. If  you spend that 10BTC, it will not generate any money anymore and it ends there. But if you put your bitcoin to work thru investments, then it will get you more bitcoins.
2055  Economy / Economics / Re: The future of the paper money on: September 20, 2016, 07:43:41 AM
What will the future bring for the papermoney i dont think it would change allot because everyone needs paper money it cant be gone because bitcoin is not everything im sorry to say that over here.

It is okay, everyone is entitled with their own opinion. But I think it will change in the near future. Especially if bitcoin becomes more mainstream and it is being accepted in almost everywhere. It may not replace fiat but it can make fiat weaker. Bitcoin is a better choice than fiat.
2056  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 20, 2016, 07:38:59 AM
For me Its depends of the income that I get in the real world job or the Bitcoin job.I going full time and quit my job in the real world if the Bitcoin job is higher than the salary in the real world job.
It looks to me that you're doing your job for the sole purpose of making money. You'll prefer no matter what job it is as long as it is the highest paying one amongst all the other options. Other people would choose their day job because they're passionate about it and would see Bitcoin as a way to earn more income. Thus, they do both of them.

You do not have to like your job to do it as long as it pays well. That is the purpose of jobs, to provide a good income. You can do your habit on your spare time and build a business on it. You can get away from your job if you are successful in your business afterwards.
2057  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: September 20, 2016, 07:28:48 AM
my plan is simple, i can earn bitcoin as much i can, and convert it into fiat and transfer it into my bank account. and i am sure, from time to time, i will be rich than before. beside that, i want to make bitcoin as long term investment so with increasing of the rate of bitcoin, i can convert much money from bitcoin into my bank account.

Not much of a plan but can still work. It only needs a very long time before it can come true.  The flaw is that you are storing your money in a bank account which makes your money idle. Since you are converting to fiat immediately, you can invest on funds that accept fiat. It is more diverse than in bitcoin so you have a lot of legit choices. You can invest in those so you can be rich faster. Just storing your money in a bank makes it dead money.
2058  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: September 19, 2016, 04:02:21 PM
I would not say that it is that good because I do not think that you are going to be able to make much money with only one Bitcoin.
When you decide to invest in Bitcoin you need to go for it so that you can make as much money as possible with it.

Buying bitcoin was it one or more is always good for profit
it is not short term investment it's long one
Even if its a long term investment  I don't think 1 btc is enough to make huge profits,  so at a moment if you have 1 btc then you can go for altcoin trading as it can give you best profits in short term.

It is a very long long long term investment if it is just 1BTC. It is a good investment but it is better if you have  more than 1 BTC. But you can invest that 1 BTC on investment sites and earn more BTC so you will have more bitcoin to hold. In time if you keep re investing your bitcoin, you will be financially free.
2059  Economy / Economics / Re: Is it better to save money or invest it? on: September 19, 2016, 03:53:27 PM
I think, to invest the money better than save money, because if we invest money, our money will continue to grow and it was very good

That is true. But we also need to have some savings. Savings can be a life saver too. Savings can do us a great help if we have immediate or emergency needs. That is why we need them both. We do not have to choose one. We must do both, save and invest.
2060  Economy / Speculation / Re: Keep or sell? on: September 19, 2016, 03:46:16 PM
IF you want to make sure you are earning money with the bitcoin you need to be sure that the bitcoin is stable because keeping them is not profitable anymore in the future!

How can you say that bitcoin will not be profitable in the future? I think blockchain and bitcoin will have a great future. And it will still be profitable investment wise or if you are trading it. It is just a matter of how you use it to make more money.
Pages: « 1 ... 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 [103] 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!