How to earn money with bitcoin ?
Like redsn0w said, the best thing to do with your coins is to simply hold the for a future price increase. This is safe and easy, as long as you make sure that your computer is uninfected. Loaning is too risky for me personally atm. So holding is my first option. |
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it is definitely not an easy task, i think in order to become rich you have to invest a lot in bitcoins and wait for price increase
Definitely. Getting rich is never an easy task to do in my opinion. There are so many people out there just waiting for you to fall into some scam so that they can become rich from your money. But investing in BTC is one of the smartest moves I can think of. So yeah, BTC FTW! |
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Sometimes its really frustating when transaction does not get any confirmation on blockchain for long long time...nowdays it is happening more regularily...for hours transaction remains unconfirmed on blockchain...what is the reason behind this?
This problem is becoming overwhelming for me. Sometimes there would be hours without a block, and sometimes there would be lots of blocks but my transaction would not be confirming. The blocks are full sometimes, and that's why it's currently like this. It could also because you set a low fee. |
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Bitcoin is indeed becoming more of a global currency that can be used all over the world. Unlike Western Union, who charges ridiculous amounts fees for sending money overseas. And there's OFX the "Global money transfer experts".
But bitcoin wins overall. And the stats on localbitcoins accurately reflect that.
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if i were desperately need money i will ask for a loan and make my bct account as colatteral i know many friendly users here and i really hope they can help me in a situation like this. or i can simply sell my bct account:)
Well yeah, you can always do that. However, taking out a loan requires a valid collateral and an account is barely considered as a valid collateral these days, and selling them is unprofitable. I would rather take out a personal loan in real life, or on Loanbase. |
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Hey guys,
What is going on with BTCitcoins. Google price chart is with highest hike for the past one week. Please let me about your views about this big price and what would next price before halving!
Yeah, there was a huge pump this morning. I just woke up and the price was still $590. 30 minutes later it was already at $620+. I guess some Chinese whale has purchased a whole lot of BTC  Probably going to stay stable at this price level for now, that's my prediction. |
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I think gambling is the only way to doubling your $100,000 a bit safe. I mean, with that big bankroll, i'm sure you can bet for long run and play safe is the key.
Not really. However large your bankroll is and whatever your strategy is, your chance of doubling your money is always 49.5%. The 0.5% is lessened from the house edge. It's all luck. If you really want to do it safely, hold bitcoins. Since you're measuring your holdings in USD instead of BTC. |
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My Guess?
$550/BTC
Well, $550 is quite a conservative guess in my opinion, because the bitcoin price is already way above that. You're basically betting now that bitcoin will go down in the following months instead of going up. I think that at least $600. AT LEAST. |
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You could definitely say that the bitcoin market is tiny, however you've got to also take into account that it's actually the largest market cap in the cryptocurrency world at the moment by a definitive margin.
Ethereum is coming second but... I don't see why it would ever be first.
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I was toying with emptying a crappy paying savings account and buying a handful coins a few months ago with the intention of offloading them after a short term rise without touching my original amount.
Now it's here, and this rise would've done me fine but of course I failed to get around to it, I'm wondering what everyone else's strategies are.
Do people have set price levels that they'll divest some or all either up or down from here, hold all of them until the concept of selling them becomes ludicrous or somewhere in the middle?
I see quite a few posts where people are waiting to offload the lot for what seem like very low amounts considering the future potential. Have your plans changed the more time you've spent learning about it? Have they become shorter or longer term?
As for myself, if it really does rise like a total bastard I'm not sure I'd be able to bring myself to sell at set limits. The initial outlay has already been written off in my mind but I know it's the sensible option just in case.
I'm interested to hear everyone's thoughts.
Well, I'm not the sort of guy who goes, hey, the bitcoin price has risen by $20, let's dump all my stash on the market now! I'm rather a long term thinker. I think about the market conditions ahead. I think bitcoin is going to be an emergency cash, for bartering. After the SHTF. So yeah, holding. |
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I think that it is very important to teach kids about how to manage their own money, when they grow up. And bitcoin is a very good gateway to do exactly that, since bitcoin is without a central bank. They'll learn more about the economy.
I think the best way to teach kids about bitcoin is to give their allowances in BTC. Then they'll figure out how the whole system works.
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Hi guys, Just now i noticed the price, Bitcoin reached 5394 which is equals for 1 bitcoin. Cheer up and enjoy. I think Bitcoin will reach 1000$ at halving time. Please share about your thoughts regarding this price rise.  Yeah, bitcoin is still going strong after when it hit $520. I believe that it's going to go over the roof when it comes closer to halving. I mean, we're still a month away from halving and the full effects of halving have not been demonstrated yet. We're going on a wilder ride. |
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you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.
I doubt he's talking about after the halving. He is talking about "When bitcoin goes very high" which probably isn't after halving. I'd say no to a house because I think holding bitcoins is probably the best thing to do whatever the market circumstances are. Unless the bitcoin price is a bubble, then I think it's fair to say bitcoin will retain its value in the long term. |
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... Well if Tred (the OP) still has his 12 BTC now, then he is likely to be One Happy Camper today! Just sitting on his asset has yielded pretty good!  $621 last I checked at ounce.me. <=== Nice little widget, shows BTC, gold, oil, US$ prices and a few more. Yeah, if he just listened to the first poster then he would have profited a shit ton from his hoard of bitcoin. I wish I had 12 BTC like him as well from the beginning. I would have held that coin all the way. And nice widget. Thanks for introducing that to us. |
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I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
What's the point of manipulating the price all the way up? As far as I know this would make bitcoin a man made ponzi scheme in itself. Nobody's selling and everyone's buying. No point at all to keep BTC prices artificially high. This could be done in theory but requires lots of funds. Also keep in mind there are only so many people that is going to sell coins to you. |
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If you hold 10 or more you are part of an elite.
This is my conclusion after the years I have been involved here. Absolutely no one in real life knows what the hell Bitcoin is, and even your most geeky friends may probably never heard about Bitcoin. Now if you take into account the people that has heard about it... what percentage own 1 BTC? Exactly.. you know almost no one.
And what percentage own 10 BTC? I personally know no one (people from this forum don't count obviously).
This simple observation shows you only need 1 BTC to be a pioneer on Bitcoin in 2016.
In my opinion anybody who holds any amount of bitcoin is a pioneer. While anyone who owns above 1 BTC should be the part of an elite. If you look at the bitcoin distribution chart there aren't that many addresses containing 1+ BTC. But you know, bitcoin has a long way to go and it's always good to invest more into it. |
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Bitcoin has been rising up this past few weeks and continue to rise, what do you think?
will bitcoin continue to rise at the end of the month or it will have a sudden drop?
yes this month, maybe 3 weeks only, bitcoin has always risen, sometimes slowly, sometimes by 50$ in 3 days but it always continuous rises and that is very nice and no i don't think that it will drop very low because of that, price rises now because of halving, many people buys bitcoins now so that is reason why price rises now actually I think the pump usually happens on Friday to Sundays only. In the weekdays the price is always pretty stable. I don't know why, but I think right now there is definitely a pattern occuring. But yeah, bitcoin is indeed continously rising and should be rising even further, before halving. |
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To be simple i will only tell her this,," baby come join me in earning bitcoin ,lets save for our future."
That is a pretty cheesy statement in my opinion... It just sounds way too scammy to say to your girlfriend lol... She'd think that you're scamming her out of her life savings, and leave you xD I could be wrong. I think the best way to tell your GF about BTC is get her to use it. Send her some gifts in BTC. |
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In previous halving price moved $10 to $1000 then dropped to $200 & steady for a long time So, growth = $10 X 20 = $200 Simple calculation After this halving price will go $200 X 20 = $4000 ?  What happened previously doesn't mean that it'll always happen again. The world is a dynamic place and bitcoin prices have no sign of going over the roof yet. However, it is rising steadily. Everything has a chance of happening. This is one of the low chance events. |
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I don't see how an escrow helps with the password issue.
I thought about this in the past, since I have like 3 Sr Member accounts that I don't use, in good standing. I only have to post with 1 account, so I thought some people could benefit from them. Some people can make good posts, but they don't get paid anything remarkable until you are Sr or above. If they rent it, they can start making profits and ROI in a reasonable time (so price would need to be cheaper than maximum monthly earnings in a decent paying sig campaing, otherwise they will not bother). The offer has to be attractive enough that it makes it better than starting an account from scratch.
But we still need to fix the password issue. I wish there was a way to lend an account, so other people can use it, but you are still in full control of the pass, in case something goes wrong.
Yeah definitely. If you can fix the password issue, then this idea would actually be practical and put into use. My idea would be that we could use an independent third party website to enter bitcointalk and post, without the user actually knowing the password of the account. This problem though is really big since you're not dealing in person so the middleman carries all the risk. |
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