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If we look Bitcoin history since it was created it's worthing on long term even more and the AltCoins pattern is the same since it was created too (always in second plan while Bitcoin rules). Bitcoin have built reputation, smart investors, developers are interested on it, maybe because when they started having interest in Crypto-Currency, they chose Bitcoin as it was the first Crypto-Currency and all the rest was like a copy of it.
I see Bitcoin like Coca Cola and all the AltCoins like the another sodas. They are all soda, but Coke has something special, Bitcoin the same.
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I do not see any risk in bitcoin because now bitcoin is going very well many people have invested their money in bitcoin and many have started their businesses in bitcoin payment system so it will not drop but will increase more in value in the future.
Yeah for a long length periods investing bitcoin is very good, but if you do short investment in bitcoin, it fluctuations price potential loss your money a part, because sometime it price go down unexpectedly. So if you wanna put investment in bitcoin you must be care full. I agree with you guys, investment in bitcoin is is very good especially if you hold your money for so long in bitcoin you can see the progress of your investment and you invested high amount of money. Just do not be in panic on selling your coin, because it is one of those who really destroy the mind of investors if they see the high is so high. Just stick to it as long as you do not need the money better not get you coin out of your wallet, waiting is worthy in bitcoin guys. You said a big true, don't sell your BTCs in panic, don't fear when the BTC price drops suddenly, it's not a signal the currency is dying. Many people surely want you sell your coins in panic, because they will buy it cheaper and hold while you will have nothing... So don't do it. The risk exists, it's not possible to deny it, but it's too low right now with so many people supporting and investing in Bitcoins, not only buying it, but running Bitcoin businesses like mining, exchanges, casinos... Not only Bitcoin, because they deal with AltCoins too, but principally Bitcoin. |
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If each individual person can't manage their finances, Bitcoin can't end world poverty. Everyone could have a opportunity in life to save money, invest it, grow the money and have a better life status, but it doesn't happen.
- First of all, if you don't stop making children, your month expenses will become even higher, you won't have the chance to save money, you won't upgrade your life status and won't give confort to your family.
- Second, if you waste money with desnecessary items like cellphones, expensive clothes, accessories, gifts you won't save money.
I'm not saying you can't have all of those things, you just need to know the right time to have that, first you need to save your money, invest it (in Bitcoins), hold your coins, when the price hit a nice value, sell part of your coins and invest in real life, open a little shop, start a production of a good at home. Only this way Bitcoin can help to end world poverty, only if people are able to manage their money and their actions.
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I am opposing to the statement of the subject.
First of all, there are different kinds of banks. There are rural bans, commercial banks, retail banks etc. People tend to say that you should never trust banks because of the risk. However, if you know how to address and manage the risk you will realize banks are not really a threat to your money.
One basic financial tip I can share is by diversifying your savings in 2 or more banks. As the saying goes, "Do not put your eggs in one basket", you should consider on putting your money to different banks thus minimizing the risk in case of bankruptcy. Speaking of bankruptcy (to banks), it may still sound scary but this happens only to the small banks like rural banks in the provinces. Which is why if you are depositing a big sum of money, the only choice you have are the known, established and leading banks in your country. Because these big banks will not go down easily even if a world financial crisis happens.
The point is, yes there are risks on putting your money in banks, but still they are still worth to trust. All you need is basic financial knowledge on managing your fund and minimizing risks. The choice of your banks to consider is very important. Remember to choose those who already have a reputable names and has been established for a long time already.
In my country there isn't risk to put money in a bank until certain point... There are guarantees that you won't lose your money up to $200.000 of our currency. If you put more than that, the amount that exceeds $200.000 is under risk, if something goes wrong you lose money. The good point is that if you stay on the limit you are safe, doesn't matter what happens with the bank. That is the only reason why I would use a bank, the guarantees, because I know they don't share decent profit with users, it's much more profitable to use an online independent currency like Bitcoin, but less safe. |
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Finally managed to do some small update (found out putting too many chart on single page makes it confusing so I will make separate page to show casino stats later). Now you can freely move the charts to compare each other. Feel free to comment, advise, critisize  Nice, you are going very well. Could you share your leverage levels on each site that has this feature? |
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Blockchain wallet is better than coinbase and if you are looking for good multicoin wallet where you can hold multiple coins like ETH, ETC, LTC and many more than Jaxx can be good alternative for you. Coinbase is just shit because of their hidden terms and condition and downtime during dump and pump.
I agree. The main point I prefer BlockChain it's because it's really decentralized and don't follow any terms and conditions system like Coinbase (Poloniex follows the same way). Both can be "vulnerable" online storage services, but if we need to choose one of them, at least let's make sure we are choosing the best one. |
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ok so if a whale hands out Bitcoin paper wallets to homeless people
would they know how to redeem and use the money or hold the bitcoin?
would they learn it?
maybe some of them would become bitcoiners or even programmers and valuable to the ecosystem
who wants to join me doing this
we need people in the usa, where there are the most homeless people on the planet, who are whales and want to help the cause handing out some paper wallets on a daily basis
No, it won't work. If someone is homeless on the world these days there is some problem with this person... Familiar issues, drugs issues, alcohol issues, gambling issues and it's not with Bitcoins that you will save their lifes. These people won't manage well the coins and will waste it very fast. If money was the solution for them they would be rich by saving all the tips they earn every day (they have food, and drinks for free), specially in the USA where you say there are more homeless people in the world... What would work better is if you give them some job, tasks to be completed, so you can reward them with BTCs for their job. |
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Many faucets don't last for much time, sometimes you can find good faucets paying nice amounts of money every X minutes, but they don't last for more than one month. You need to find these faucets and enjoy while you can.
And don't exclude the possibility to use AltCoin faucets, some AltCoin faucets are much better than BTC faucets. After you claim the AltCoins you can convert it to BTC using FaucetHub.io mini exchange. Do the the math, you need about 35.000-40.000 satoshis daily to earn $1. Claiming 700-800 faucets daily with an average reward of 50 satoshis is enough.
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HYIPs are made to don't last forever, they run it while they can, while there is money being deposited to continue the system. Without the big number of deposits every new day this system isn't sustainable, because the income come exclusively from new investors to pay the old ones.
The only way to make it work is if the HYIP owner is a master, genius of trading and gambling. He can take the investors money and double, triple it fast to pay them back and make the scheme survive, but I think there isn't anyone able to do it.
The interest rates could be lower, a more reasonable amount, but this way the HYIP owner doesn't get enough attention from most investors he focus, those who wants fast profit.
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There are some options of investment to put your coins, you must see what is the best one to start (or you can choose few of them and split the money).
FreeBitco.in - Paying 0.01% interest daily over your money, 4.08% yearly.
Casino Bankroll investments - There isn't fixed rate, it varies a lot and you need to always check how profitable is being that casino, sometimes a good casino investment decreases quality because the number of gamblers decreased. But it's so far the best option in my opinion.
Poloniex lending - The rates vary, depends the supply and demand of money there. I'm looking there now and the rates are good. But after the threat of a hard fork in BTC many people stopped lending money there, fearing the consequence of a split in Bitcoin chain over their lent money. I don't know if it's safe to continue lending money there.
These are the most common I know, sometimes one or another option can appear, so keep alert.
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First time I would like to buy lots of jewelery with bitcoin , but actually I didn t find a legit jewelery store . I think most of them are fake and made in china
I think jewelery is a good investment with bitcoin , gold and silver are very searched by lot of people
Second I would like to buy food from restaurants , for example i dont feel free in safe to keep cash in my pocket or paying wirh credit card . I feel always someone is following me and trying to steal my money . I would like that in my city will exist restaurants who accepts btc as payment method
Third i like that steam platform added bitcoin as payment method so i can buy tons of games from store . I already bought 120 games on steam with bitcoin
4th i would like to buy animals with bitcoin , perrots , cats , , dogs etc
Store/Shop owners are losing a lot of money because they don't adopt Bitcoin fast. There are some people like you, looking for buying stuff for Bitcoin, but the sellers don't accept it. From your list only Steam did it, and I'm sure they don't have any regrets about adopting BTC as payment method, it's smart to give buyers different options of payment, it helps to bring more customers to the store/shop. About the pets, only possible to buy if you find someone on your city accepting BTC as payment, otherwise the poor animals must travel via post office.  |
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I use BlockChain.info since 2015 and althought some people here say it's not a good wallet I have never had any problem with them in 2 years already. However, I don't keep much money there, I believe for who uses online services to store money it's better to split the money among several sites, this way you reduce the chances to lose much money by a hacker attack.
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I'm planning to just hold my bitcoin and wait for the right time to sell it. I'm still going to buy more bitcoin as much as I can. Im really hoping that the price of bitcoin will go down.
Actually, I also hold my bitcoin for a long time and I will sell it in the right time when the price is rapidly increasing. I think that holding bitcoin will help to gain much profit. In addition to that, I will also invest some my bitcoin in trading because trading in one best source of income so I think I could get more income. Lastly, my plan in my bitcoin is hold and sell it when price rise. It can worth to sell your BTCs when the price increases rapidly, but keep in mind the long term worth much more. So, never sell all your BTCs when the price bumps fast. Set a percentage to sell and a percentage to continue holding, this way you never run out of Bitcoins. It's very important to organize your Crypto finances very well to maximize the profit chances. |
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I go to land based casinos because i know its fun to play and interesting and many people you see to gamble. Because in land casino is a good to play you experience a real. Its nice to gamble in real you can see anyone and meet everyone. In playing land based casino is more exciting and you can enjoy very well. I play it on my free time or weekends. Its more enjoyable to play in real its surprising and fun outside to play. In land based casino it has many advantages and you can control your emotions or yourself, and you will learn a lot to yourself.
Yes I agree with you mate.. if you experience going to a casinos you'll feel the excitement because of the people around you are also eager to win in a gambling games which will affected you so you'll play along and try to win. It's really fun and entertaining when you go in casino places rather than playing casino games online which sometimes makes you really bored. In playing land based casinos more attractive and you can enjoy very well. I play in my spare time or weekends. More fun to play in a real surprise and beyond are fun to play. In land based casino has many advantages and you can control your emotions or yourself, and can also learn from there but must wear a trick so as not to experience a loss in play For me land based casinos don't have any advantage. Where I live the land based casinos are forbidden, but they exist in the shades. The system is rigged and there isn't any guarantee it's provably fair, the machines are old and precarious and you can spend a lot of money in few minutes, just losing all the time. Older people like to go to this kind of casino, because they don't know how to use computer and internet. Crypto casinos are much better. |
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You started it today, but it's already out of service...  "Error 502 Bad Gateway" |
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As far as I know holding would be the best option. Don't try to be greedy and invest into gambling or risky trades which not advisable if you are in the position to bear the loss occurring from it. As you can read above everyone will suggest you almost the same thing to do that is hold or save. It's not just cents and pennies that will be added to your profit but big amount of money if you are holding 2.1 btc really. That is big money and interest rate on that would be good. So just keep that diamond into wallet to pop soon.
I agree this is an option, to hold... But if he has trading skills he could try it and increase this BTC amount a bit more. It's not greediness to do it, it's just to be visionary, if you can have more 20% of money, why wouldn't you do it? Gambling I agree it's too risky, but trading may be possible to try, not with the whole money, just a part of it. If I were him I would invest this amount in diverse sites. |
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Lol, 5 satoshis reward, that is too low even for the high price BTC is today. If people will spend their time every 10 minutes on this faucet the minimum reward should be higher. And about FaucetSystem, is there anyone who uses this service?
Most popular is FaucetHub.io, if you want more access to your faucet, adopt this one.
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Bitcoin is too expensive and rare to give as gift. I'm kidding... But yeah, I think the traditional gifts are more appropriated for this occasion, like stuff for the house and the beginning of the couple's life together. Bitcoin isn't a good gift for a wedding in my opinion, it doesn't make much sense. However, someday in the future it could be a trend and everyone will start doing it for fashion. |
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Between trading and cloud mining I would prefer trading. Cloud mining you need to send all the money to them, the only alternative after the deposit is to pray for the ROI. Trading is better, you can deposit the $3000 in an exchange and start trying some Altcoins. You won't lose all your money at once, surely will have some losses if you aren't skilled on it, but you will have chances to recover it.
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