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I wish I could but bitcoin really offers a small amount of reward for a big amount of dedication. I mean this is caused by a lot of cyber workers and a ton less cyber employers. Causing a surplus in amount of workers.
So no, I'd stay with my day job right now.
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Unfortunately I don't think there are any safe methods for earning Bitcoins without actually doing anything. A couple of years back I would've said cloud mining contracts with any hesitation. Those worked well for me for a while, money was rolling in every week without me doing anything but then I got scammed and lost everything. You should probably just keep your BTC in your wallet for the next few weeks anyways, seeing how the price is soaring.
Yeah, you actually need to do work if you would like a riskless way to earn bitcoins, like getting a job as a dev, or offering your freelance services, data entry, etc. etc. Or you need to accept the risk. Both can't be fulfilled at the same time. |
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That's probably too high for now. Maybe in a few years it could get that high. I think we will see minimal gain over what we have gotten already this year and maybe a pull back soon.
I think so as well. I think $4000 could be realistic in the long term, but definitely not in such a short period of time. We need time for anything to grow from a small thing to a big thing. But absolutely, in the long term it WILL happen. |
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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?  My idea is to save bitcoin as much as I can. I find it easier to save with bitcoin than to save with fiat because bitcoin can I guess also increase in price while fiat can only depreciate in purchasing value. I think a good tip to give is to: never gamble what you can't afford to lose! |
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If you already had 800 BTC, I suggest you stay out of this loaning thing cause you can lose it. I suggest that you do some trading, get 1 BTC out of it, buy altcoins, then sell when it gets high just do some research first before buying.
Yeah, loaning is definitely way too risky for you right now since you have 800 BTC. I suggest you split those funds into 50 BTC and 750 BTC. The 50 BTC you can do whatever you want with it, invest in whatever. That 750 BTC you hold in BTC for the long term. I suggest you use a cold storage wallet instead of coinbase vault as well. |
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Well, bitcoin has recently just crossed the iconic $10 billion market capitalization, and it does get better than this. Bitcoin has long exceeded WU in terms of market cap, but never knew twitter as well  Just shows what an amazing turn of events halving can bring. |
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If you give me 10 BTC,honestly, i will accept it and holds agreat gratitude towards you!  you just made me 10 BTC richer!!! Seriously, if you are to fund me 10 BTC, traditional business is never been obsolete, i can say 50% of it will go to business, 10% to trading, 5% to gambling and 30% for ICO investment, will cash out 5% for my daily needs before this investments takes profit. I like your idea of diversification, and I think that that is really important as well for a healthy portfolio. A good manager of a portfolio will also seek out ways to hedge against potential risks. I'd say 90% to investments and 10% holding in bitcoin. That 10% just for security. |
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I apologize in advance if someone else already started a similar thread, I did a quick search but couldn't any. To the mods out there please delete this thread if a similar one already exists. I just thought I'd inform people who are not necessarily following the price movement as this is a pretty sizable increase from ~$580 a few hours ago. Wonder how high we'll reach this time  The bitcoin price is soaring to such a high level right now that all the bitcoin holders from the $400~ stability must have been really really happy. In fact, it's nearing $700 now as we speak. I wished that I had bought more earlier though, lol. |
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How if sathosi claim bitcoin as scam? How many your invest money to bitcoin? Are some dev altcoin will stay with their coin? Will sathosi go to jail after claimed it?
Well, why would satoshi claim that bitcoin is scam under any circumstances? He is the founder of this technology, and somehow he just one day realises that his project has been a total scam? Bitcoin can't be a scam, because it is decentralized. Also satoshi won't go to jail, because WE DON'T KNOW WHO HE IS! |
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Yep, the magical 11 digit number has been reached! Go bitcoin! As I've said, the halving is doing a lot good to bitcoin. It's the second halving but it's definitely something special for us. Next target: 100 billion USD market cap. I predict 2018. |
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Since halving is still 28 days away, is it a good time to buy bitcoins now and sell it after halving?
Though the price just rised rapidly.
I don't think that it is the best time to buy right now, simply because the price is a bit too high at the moment. I believe that we'll see some adjustments in the short term, so buy when there's a dip. And as with selling, I think selling just before halving is probably going to get you the best bang for your buck. |
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i dont think bitcoin affect life a lot because people will always use gold instead of bitcoins because the money will always stay with a true value cant drop verry low because it is stable and more people got money than bitcoins.
The reason behind is still many people are not aware about the bitcoin, once they are aware I am sure they will switch their investments from gold to bitcoin. I think bitcoin affects life a lot because you have the sense that you're a pioneer/early adopter. And you have the responsibility to share this amazing technology with other people, and promote it. The price also affects my life a lot. If bitcoin rises, then I'm richer  |
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Hi, I was looking to get a wallet which I can use in Australia. I thought the MultiBit HD looks like a good choice, but after installing the software, I found out they only work with Glidera, which only serves North America.
Is it true that at the moment I can't use MultiBit HD in Australia? Is there a wallet that I can use to made transactions in Australia?
Also, one of the told advantages of BitCoin are the low cost of transactions. But when I look around, there are a lot of websites in Australia that charge significant fees (up to 5%) for transacting bitcoins. Are there any places to buy/sell bitcoins without having to lose a few percent per transaction?
Thanks,
Nick
May I enquire about the method of you buying bitcoins with? Westpac cash deposit, online bank transfers or just face to face transactions? If it's cash deposit, then I may be able to assist you. And as with the bitcoin wallet, try coinbase or blockchain.info. They serve everyone. |
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I love Aljazeera news, they actually cover some of the areas of the news that other independent news sources struggle to keep up with in their bulletins. And I think they're absolutely right with bitcoin. Bitcoin has the potential to become the dominant currency, if the right conditions are met. |
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i would say btc wallet since btc value is more inline with my believe and am some how in control Yeah, with bitcoin there is a chance of making an unexpected profit while it's sort of boring have a bank account with money in it since you know how much you'll get every year, which is very little. With a bitcoin wallet, you're being your own bank. |
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After see this topic paypal or bitcoin?, i'm curious who have paypal account these days. Do you still have paypal account even though you have bitcoin? I still have a paypal account, because a lot of people still prefer to use paypal over bitcoin, no doubt. However, they probably just aren't aware of the benefits of accepting bitcoins just yet. Paypal accounts also protect you from frauds, which bitcoins doesn't. |
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Yes buying the bitcoin is good but keep in mind the halving can be good but also bad and if it will be bad you will lose a lot of money most likely.
I really have it now due to the halving to be honest, I really think it will be profitable.
Absolutely right. A lot of people prefer to have their savings in bitcoins rather than in fiat currencies such as USD or GBP. And me included. Or you could buy bitcoins for the short term price hikes. With the upcoming halving, a lot of people are probably going to benefit from BTC. |
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you can do allot of things with the bitcoins because one bitcoin is around the 600 dollar so as you have 1.5 you have allot of money so you can buy allot of things for.
Its almost to reach $700 now so I think it would be good to hold for some next couple of days or else if you are satisfied with current price than you can sell it. Absolutely. I believe that bitcoin is still going to go up by a bit before it will drop off to a resting floor after the halving. No one will know the exact price of bitcoin after or directly before halving. If you think that it's time to cash in, do so. But i'm not personally. |
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I've recently read a thread ( https://bitcointalk.org/index.php?topic=90982.0) and saw this address. I checked it out and it seems fresh transactions are still slowly trickling in. Why would anyone send BTC there? Why are there new transactions on that address? People are burning their bitcoins, pretty sure. They could be starting up a new altcoin that they have launched, or they could just be doing this for fun. Nobody really knows however based on the trickle of transactions it's probably the former. |
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So, i'm just starting out and I got Xapo in order to collect some satoshi to play around with. I was wondering if Xapo is safe to use? It lets me instantly transfer money from faucets to my wallet so I don't have to "collect X amount before cashing out". I've heard that online wallets can be insecure, should I get a safer (desktop?) wallet and transfer what I collect there, or will I be fine using Xapo? Thanks!
Well first of all let me start off by saying that faucets are not really that profitable to use. That's why there are so many faucet owners nowadays. Having cheap impressions on ads is very profitable for themselves, not you. But yes, Xapo should be safe for now, but anyone can pull a runner. |
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