What is the best way to make money with bitcoin in 2017?
If you want to make money through bitcoin, you need to spend more time and effort through it. There are many ways on how to earn bitcoin and you can try it all and earn from small to large amount of bitcoin. Also, maximize your knowledge about bitcoin because more knowledge, mean more money because. Effort and time are quite important but some people do just not want to go down that lane as they think bitcoin is just a toll that can give them easy and free money or where they can get rich quick. If you do not have a good job that you can purchase bitcoin with maybe part of your earning, then there are so many platforms one can use his or her skills to make something good out of working and earning bitcoin. The choice however is in each person's hands. |
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No, I don't think bitcoin are better than regular currency because bitcpin don't have fix value, it aometimes rise, sometimes high, so there are risk And you can't use bitcoin offline you still need internet to use your bitcoin
You think fiats have fixed value when exchanges with each other ? Why do you think forex trading has been in existence even before the arrival of bitcoin. The point you could have raised would have been bitcoin's huge volatility which most definitely will not keep on being like this forever as a time will come when the adoption would already have been huge by then and the market will be more steady than we have it presently. |
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Bitcoin has already weldered the storm with Chinese ban and going stronger after that, this is indicating it has come to stay but we should not throw all we have into one source, that will be too risky as anything can happen. We just have to trade with caution so long we are on this earth. For instance, another big news might come upon bitcoin and no body knows where it could come from. We should always prepare for surprises.
It truly has and it will definitely keep bouncing ahead those storms. It is normal and we cannot always expect everything to keep getting smooth for a technology that came disruptive. Check back from the onset with the advance in technologies and new innovation, it has always come with denial and different ways to bring it down but as long as it brings great value to the society, then, it is just going to keep getting better. |
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I think its a funny question. This is speculation sector but speculation should have a limit mate. Well as to this topic,, maybe it will happen in future cause anthing is possible in this cryto world. But i don't have any idea right now about it. Let's see when it will be happen
Is there really a limit to speculation? Everyone obviously is free to stick out their opinion whether they sound ridiculous or not. It is fun sometimes, when we imagine something like this happening one day and then wondering what one would be worth by then. We cannot predict quite sure, but like you said, I am not sure something like this can happen in few years to come. Probably in the next few decades, but since we cannot predict the future and we do not know how fast bitcoin can grow, then we will just keep guessing. |
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Slot-Machine is one of the most basic gambling games and one of the most profitable games for the house. You can't do much in game, it's just a funny game to try your luck, watch some nice animation themes and hope for the best. Don't believe people who say you can win if you do this or that, these people just want referrals to produce comission for them. Slot-Machine is a game for bored people kill the time.  It should be that way for any kind of gambling! There is no gambling game that will produce you profits consistently. Even if you profited at first, then it is not a guarantee that it will work every time you do it. Its a common misconception that gambling can be a job or investment but in reality it can never be that way. Gambling is the business of the operator and not the gamblers. Casinos and sites will always make its new customer happy in his first games by making him the winner so that he will keep on visiting their place. Once a person starts doing it, things also turn at an opposite angle. Those winnings turn into losing but the person has the confidence that he can earn profit like he had once before. Gambling is beneficial for the owner only not players. |
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You can win from the house but it is really seldom happened to me, but when I win usually i will save it for gambling because I never played with big bet, so although I win it is not too much, but if i win big times then probably I will buy something good for myself
Me too, If i have chance to win big i will buy my winnings that something good to me and to my family..i will invest it in different legit sites and then i will make a business of mine. But in realiy i haven not win ever. I have try many times in gambling and unfortunately i lost a lot of money so i realized that instead of putting my money in gambling why dont i try to invest, trade and work for it to make profit. That is a very noble thing to do with the money and actually the smartest way to spend any winnings. However, most of the time gambling does not give you a jackpot that is proportionate to your own bets. Usually these jackpots are just in proportion to your bets and they actually reward the high rollers more since those are the guys that are actually paying the bill for casinos. The money won is not a very big one and it does not change the total capital very much. The amount that I have seen mostly people winning is only sufficient for one or two times meal. Some people buy food while others save it for the next day shots. Additionally, there is no need to over think about spending such small amounts. I do whatever appears first in my mind with that small amount. |
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if you are already addicted you will definitely be greedy. one to control it is by determining the maximum limit every day when we gambling. lest we cross the boundary so we can get out of control
Indeed mate.. learn to control yourself by also controlling your emotions and feelings. If you think you can do these things to yourself then you can control not to be greedy in gambling. Just limit yourself every time you have a gambling activity. Limiting is also good in terms in gambling, but some people don't control themselves even if they already set a limitations with themselves, they will not think about their limitations, they will only do what they want until they are unconscious and their money are already losing. I have been into that for many years. I mean, I made great plans but I always failed to follow them. Maybe it was because I was not so serious about life as I thought it is an easy task to live. i had no management skills and zero control over my desires. It took me a lot of time to become a man of action. Like you said, we follow our fun first and security later without realizing it easily. |
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I have a little measure of BItcoin now. But I don't want to sell it now. If Bitcoin price will cross $5k then I think about selling. Otherwise, I hold it for a long period. And I hope at the end of this year Bitcoin price will cross $5k obviously.
yes off course price will cross $5k at the end of this year, But their is a threat in future for bitcoin, Russia also decided to stop bitcoin market in its country soon, so you have to be care full, because just like last time china case the price drop down little bit so take your decision in very short time is better for you. yes this Russian threat make every bitcoin holder curios about future, i mean when ever prices shoot up any misshapen and prices drop down. This is not the first time a country will declare her enmity intention on bitcoin. I do not believe with the recent occurrence, Russia declaring war on bitcoin will really have any major impact. I had rather just hold whatever I have in my wallet as a Russian and probably one day relocate. Not like my wallet can be traced to be owned by a Russian, since that was the major idea in the first place, FREEDOM! |
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I dont think that there are secrets for trading, maybe there are some stragies that are private or those "guides" that you can search on any shop on the web, in which some traders are promising incredible profits with just investing $100.. obviously they are a lie, they are the only ones who is earning money by selling them at $200 each one. So the only way to make your profits is by discovering your own little secrets and stragies about trading
you are right with the no secrets as all you need are strategies to make trading profitable for you. However, with respect to those selling the trading secrets, like you said, they are just scams and everything one will end up finding in their notes or books are some of the basics already known. Moreover. there are so many videos on youtube where so many pro traders have taken their time to explain in details their strategies and how they play very safe when it comes to trading. |
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This basically depends on the kind of scam. Can you please describe a little bit more precisely about what type of scam do you speak?
Scam is scam! HYIPS offering a certain huge percentage return on investment in a short while, or those promising investors of doubling their currencies etc. There is no other name for it. The most important thing is for anyone to stay away from anything that is unrealistic, and even it sounds realistic, it is still good to find out first and make some due diligence before putting funds into such investment. |
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If I run out of money to buy then I just watch it even if it is the best chance ever, and try not to regret what is going on. and in fact it happened a few weeks ago.
I believe this is just the best thing to do. Keep watching as it keeps dipping and when it keep rising and be jubilating for those who bought in and are making huge percentage at that point in time.  The thing is that it can actually be painful if you have no way to get in, but what is the point regretting when that will not change anything. |
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In my view the easiest way to earn money is by using bitcoins.It gives us fast returns in a very less period of time.It is also safe and secure.It's value is also increasing day by day.
Bitcoin is a great way to make money with low risks but if you want to increase the risk then I think it is a good idea to invest in altcoins or even to invest in icos even if the ico market at the moment is weak thanks to the banning of icos that came from china, but even then it may be a good opportunity for those that are looking to become rich and are not afraid to take chances in order to get their goals. Even bitcoin comes with more than a low risk so as all investments too including altcoins. The difference is just that the risks are higher than each other considering the market cap which is still not a guarantee for anything. However, for ICOs, unless you know the team behind a ICO and you are sure your money is going to be safe and you so much believe in the project's success, I won't advise it as it has the highest level of risk I can imagine most especially if you fall into the hands of the wrong ones. |
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Credit cards can only be owned by middle to upper social class, while bitcoin all social circles can be free to own and use, this is a positive thing from bitcoin and can be a solution to economic problems.
It is for real that every social circle can use bitcoin. However, considering the analogy you raised that credit card is for the rich, do not forget that bitcoin requires you to have access to the internet and there are so many poor people that do not have access to such, and hence they cannot have access to bitcoin usage. So, I wonder where we are going to put these set of people in the social circle. |
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Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.
I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.
Well yes it's true that bitcoin sucessfulky defeated china and had escapes from the struggles in china. Bitcoin proves that they no longer needed china and it is completely useless when they started to banned bitcoin in their country because there are still many people who still use bitcoin and believes that bitcoin is the best currency. Even though bitcoins win over china and they already legalized it, Other countries are not yet safe from being banned. The lesson is, Do not use bitcoins for illegal transactions so we can still profit money from it continuosly. Using bitcoin as an illegal transaction cannot be ruled out. Even before bitcoin came to play, illegal transactions have always been going on. It is left for each country to find out how they intend to manage that probably with the help of exchanges which I believe is what will happen at the long run. Moreover, China did not ban bitcoin except ICOs and shutting down of exchanges. A time will come that these people will realize that bitcoin has gone too far to be banned. |
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Yes, ofcourse. Bitcoin can definitely improve the economy of a country because of this reason. Because of bitcoin you can import a money into our country and that way could affect the price of our local money because the supply of our money will increase.
Nice example but for this local banks need to accept transfers in bitcoin, many bank dont allow this in some countries. But this is nice example of how it could be used in way to increase one country economy and not just that. The total economy of a country depends upon the income of its individuals. If the number of its individuals who earn increases; the overall economy of the country will also improve. Bitcoin is a source of income. If many citizens of some particular country are earning bitcoin, then definitely there won't be much poverty which means the economy of that land is a stable one. Bitcoin definitely can improve the overall capital of a country. |
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I have been earning BTC through different claiming faucets like BTC clicks, Freebitcoin, Bonus bitcoin, adBTC, Moonbitcoin, Fieldbitcoins with no referrals for about 4 months now. It is so hard. Can someone tell me how can I earn more??  you can earn in bitcointalk (yeah this forum) by signature campaign, bounty or giveaway. its so good for me because earning bitcoin so easy and happy and not difficult way note : you have to up your rank minimum Jr.Member to join signature campaign Maybe i'm experiencing the same thing with you starting from a boring job of captcha faucet tap every time i do to get bitcoin, but a few months later a friend gives this link https://bitcointalk.org to learn and get into the members. To keep up with bitcoin, and as time goes by i become a member of this forum in addition to my knowledge also earn income here through the signature campaign. Faucets give free bitcoin but the amount is not a sufficient one. If someone wants to earn bitcoin in a good amount while enjoying the work also, he must join any signature campaigned. This forum is full of such opportunities. A person learns a lot in this job also. The amount that is earned also remains fixing. This method does not even require any sort of investment. |
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I checking bitcoin price increase from yesterday I think I would say yes.
i hope next year bitcoin can reach $10000
Actually $10k could be really possible but only after a long journey for bitcoins but we cannot predict now as the price for bitcoin has again started growing from past few days facing the issue of china banning ICO, bitcoin again grew up giving us a good profit. I don't think bitcoin will now go much below but perhaps it may fall 100-200$ and then will again grow up like a rocket. it would be a head start for many investors and then later they can start making money via bitcoins. |
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With no edge it is double edge sword. You will gonna to damage your self..
Trading in my opinion is double edged sword when you are involving expensive coins such as bitcoins. I never suggest trading with bitcoins. Trading is meant for altcoins; even if you go in loss with altcoins it is quite recoverable. But on the whole, we all know that trading is not for everyone and only few people are able to make profits in trading. I utterly support your opinion about trading especially with bitcoins. Indeed trading mostly puts you in loss if you are doing with expensive coins such bitcoins, you can’t take risk of losing these coins. Altcoins are best to be involved in trading since they are not much expensive and one can bear losing them. I think only a fool can take a risk of doing trading with bitcoins that too without sufficient experience. You really need to work hard if want to make large profit with trading. Trading requires proper support from some old trader and guidance as well. Indeed altcoins are best for trading. Only a fool indeed will consider trading as a child's play and will think you can just do some merry go round and start hitting some profit immediately. It can never work like that. You need to learn some few strategies, little basic on reading through charts and so on. All these are meant to help you minimize the risk that comes with trading generally and not just make some blind assumptions and decisions, playing with your funds. |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
I think volatility is something that we should control so that many investors will approve bitcoin as their main investment place. If the value of bitcoin is uncertain, then the possibility that you will earn large amount of money would go down and would be affected. But removing it's volatility will remove it's characteristic which may end up making bitcoin another thing. For me volatility is something that we should endure and endured as time passes by. We have to deal with it. We shouldn't control the volatility, I don't agree with you because the market is free and decentralized. And it has to stay like that forever. Controllng it meaning we're making it centralized. This is aganinst the motto. I do not agree with that either. What makes bitcoin disruptive is the fact that it is decentralized and cannot be controlled except by the market (supply and demand). As long as we keep having this, we will just have to stick with the decentralized system that we have until maybe we start seeing some balance as time goes on. I have the feelings it will one day maybe get close to its peak and we may start seeing some little bit of steady price, but not still without the volatility as it will always be present. |
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My predictions, Bitcoin is the answer of world poverty, Everybody involves in btc will give a good opportunity to sustain the needs of individual, It will be legalized soon and every country unite to support cryptocurrency to minimize crime rate all over the world.
Can bitcoin really solve the world poverty ? No. Bitcoin is basically a tool and not everyone will be able to utilize this tool to end their situation. So many countries do not even have access to internet, where do you want to then place them in the world's poverty you have mentioned. The fact is bitcoin will help eradicate poverty to some extent since it has given people chance and will still give people the chance to utilize the environment to enrich themselves but world poverty? It is not just possible. |
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