Please forgive my cynicism.
I was offered bitcoins in I think 2010 when they were 50p each.
I was tempted to buy £200 worth but had been just lost £200 to a ponzi money scheme so decided against it!
I have seem recent reports saying they are now worth £2,500
Are these the same Bitcoins?
So would I be able to actually sell for cash or money in the bank?
Sorry to ask, but I see lots of people saying they are millionaires but don't think I have seen anyone with the actual money banked.
I mean, my 400 bitcoins would now be worth £1,000,000 and I could actually sell them for £1Million less commissions?
You gotta see I'm sceptical.
Please tell me I haven't made the biggest mistake of my life?
Yeah, they are the same bitcoins. The same ones you were offered 7 years ago  You can sell your bitcoins for cash money and transfer them to your bank (but why would you ). Sadly, you have made a mistake but not the biggest. You still have time. Start investing on bitcoins  The opportunity to be millionaire before and for now is quite the same with used of Bitcoin. There will always be an option for you to earn bitcoin if you want to deal with earnings and profit. But if you have 200 bitcoins way before and you want to earn out of it you must consider trying investments and trading where you are the one who will going to manage your Bitcoin in your own decision making. Yet it is true that there is a lot of time for you to earn bitcoin for now. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet. Bitcoin truly can give and can serve as a good form of investment if you are going to hold it because it's price is more vulnerable on changes making it pump and increased it values. So having a price that capable on development in terms of value is one set to find out and set a good investments for future earning and profit. |
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Hold, man, hold. The way Bitcoin is moving now if you're trading you're more likely to miss the moves. The next option that will earn you some more coin while you're holding is to keep your coin (or some of it) with an online wallet that pays you interest. There are only a few that offer a realistic amount of interest for your coin on balance.
If you want to know more, PM me.
Did you own Bitcoin on August 1st?
The best thing in hding bitcoin you would not need to do much thing because it is actually a passive way of earning. It is just focused on having Bitcoin within the price yoy bought it and hold it until the price pump then you could probably earn and have a profit. And it is good to monitor the price if you set to earn more and t have a bigger profit in the future. The early you start the more you can earn. Being a part ot Bitcoin community is also a thing you need to consider because it cod help Bitcoin to attain development and growth. |
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You might want to add a virus total link to the files you are offering.
Looks good, but doubt many would use if you couldn't guarantee it's safety?
Be worth a quick scan and post just to make sure all is ok.
True , if you want to increased people would used this system on regards to new altcoin you will also need to assure the security of the users for them to trust on working on your offer. I rather used multi trading site to track my coin rather than to try new and might give a problem in the end of the time. So it is much better to update people about your simple CoinMarketCap.com |
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I also did not get any stakes on the last round yet I've posted 20 quality posts considering the rules implemented by the Campaign manager Sylon. Please kindly check my profile https://bitcointalk.org/index.php?action=profile;u=971895;sa=showPosts and distribute my stakes on the second round. I am line 82 on the spreadsheet , I am hoping for the update of the spreadsheet. |
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No one can predict that but we can be sure that atleast blockchain technology will be used by almost all banks around the world within next 10 years. And by that time, I think bitcoin will have marketcap in trillion dollar.
It is true that it is hard to predict thing specifically on Bitcoin because it could have or acquire development in any form of means. So if more people will support Bitcoin as choosing it as a form of crypto-currency that is suitable for a daily transaction a food future is going to happen to Bitcoin in terms on its price, value, transaction and security. So the best thing to do is to continue our support to Bitcoin for it to have development and progress to its system. |
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I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?
Your feedback would be appreciated.
My biggest problem is only one, patience. I have been lost almost 40% from my money because can't control my emotion. When the price falling down, I should see graphic price chart not sell all my coins. But it's too late, after I sell it the price comes up again. This time I try to control my self-becomes patience people, hope will happen soon. Good luck. It is hard to have patience on trading specially when the price pump and you think it is a good time to sell your Bitcoin because it actually go pump more and you can waste an opportunity to earn more profit. It can also happened vice versa where you could actually do panic selling when the price of bitcoin could drop and dump on your margin price. So it could be better to have a limit sell and buy of your Bitcoin so you could manage your tradings in a more good way for you to earn more and make a good profit in the future. |
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I am already in for investment and trend will continue to be same by me this year too. I am not gonna sell my Bitcoins, rather gonna hold them as it is for another one year and will happy to see the charm of increase for another one year!!
Actually the best time to invest to bitcoin is way back the year it start because if you are going to invest right now we can notice that the price of Bitcoin is quite high enough and it could be a hard thing to invest big because of the price of Bitcoin for now. Yet there is also an option for us because there is a lot of ways for us to earn bitcoin nowadays specially in signature campaign where you could actually earn bitcoin in posting. Then you could make you earning as a capital for you to trade in or to invest with for you to earn more and to make more profit out of your Bitcoin. |
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After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?
I think nothing will happen with bitcoins, it is just the same with the past. Segwit is successful and there is the bitcoin and the bitcoin cash. I do not see some special features of bcc compared to bitcoins, and besides bitcoins are the original, bcc is just a derived form of the bitcoins. It doesn't mean that if bcc is from bitcoins it is a successful coin such as bitcoins had achieved it is upon the holders and the people who controlled it. Let's just witness the bcc and bitcoins. We see that past of Bitcoin and the development happened in terms of Bitcoins value, price, transaction and security. And Bitcoin as a form of crypto-currency it is aligned and vulnerable to experience development that as soon as time goes by it can adopt more development brought by the technology and the support of people will prefer to continue used Bitcoin as a form or option on transactions. So having a two way option on bcc and Bitcoin is just the first thing or a move for Bitcoin to continue its development. |
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this is one of the pros of bitcoins, bitcoin is both, you can purchase from online using bitcoins, at the same time, bitcoins that are stored in your wallet is increasing in value. this is a trait that only cryptocurrencies have, for fiat money, they don't rely on anything it is not even backed up by gold, it is just a paper note, an i.o.u per se. in other words bitcoin has more value than the fiat we have, no wonder some people would like to use bitcoins payment for their songs, tthey know the value of.bitcoin and the future it will give us, having it now is an asset and still having it in the future will give you a fortune.
Bitcoin is created specifically on transaction and to serve as an option for a better form of transaction. And being a crypto-currency that is quite aligned to technology it is normal for Bitcoin to develop in terms of price and value which is a reason for Bitcoin to become a good asset on business and investments. If you are going to earn bitcoin it is much easier to deal with trading and investments where Bitcoin price and stock movement is a vital part for you to earn and to make transaction depending on your needs. |
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Bitcoin is actually more suited to be an investment rather than a day to day currency. I still suggest you to buy some and hold them instead of using them, and treat them as 'gold'. If services like fast food restaurants decides to use Bitcoin as a payment method, maybe they can come out with a method that allows for no fees between accounts, but this is just a suggestion. Existing methods including Bitcoinpay, but it still charges a fee of 0.8%, not completely free.  That is actually the point on investing in bitcoin. It is actually suited for transaction just like in trading and investment that is a big opportunity for people to earn and to have a big profit in the future. And when we say future as a part of opportunity it is a good thing because bitcoin is much aligned to technology that it has the time for achieved further development and growth to its price and value in the market that makes people get into bitcoin for daily transaction and to set more investment out of bitcoin. |
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we all know bitcoin value on future will be expensive so we are all finding ways to get it. but same how we need money for are life so we are selling or spending bitcoin in my case i spend just i Small amount and i invest 70% but same time if i knew bitcoin will increase the maximum prize and i have thought that it will down i sale it than buy bitcoin again if bitcoin reach maximum Lowest price so i always read about bitcoin expert post.
Saving and holding is actually both a positive thing to do and to consider on doing. But the success of your decision will also depends on how you are going to manage it. as you say for it is better to hold your bitcoin, and it is true because bitcoin price is always developing brought by the increased of the support of people. Hence, in selling as a part of trading is a good thing to consider because with proper decision and timing you could make a good profit out of it compare on just holding your bitcoin that is a more passive way of earning. |
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Maybe my only advice is for you to trade on altcoin.
Because the movement of altcoin is very fast and unpredictable, and you always have to look at other markets, which you can use as predictions
It is a good thing to consider altcoin or the alternative coin on trading because it us much vulnerable on development and growth that there is a point that it can achieve development and progress on its value, price and transaction that could give people a lot of time to earn and a lot of chance to make profit out of your bitcoin. So the best thing to do is to continue to support bitcoin and altcoin by making it as a form of transaction on trading and investment that could actually give you a profit in the future. |
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I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you think it will happen and when?
I do not see some problems of bitcoin in regards to bitcoin. It is given that bitcoin as a form of crypto-ccurency can be an option or be a number one option on transaction that it could be on the point that it would be the main currency on any type of transaction but the thing is it much easier to adopt and deal with development rather that to cross on the current of progress in the sens that bank system will take bitcoin as a good or a better way of option on bank transaction and management. |
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There are many other investment options like for example trading you can sell and buy bitcoins or buy and sell altcoins then convert it to bitcoin. Another good investment is mining where can decide how many bitcoins you vmcan mine with a good graphics card also holding bitcoin is not so bad because you keep your btc while the price continues to rise while your doing some online job to get paid in bitcoin. Having or learning some professional skills is also a good investment if you have that kind of skills you can easily find a job that requires it in the services section.
It is true that there is a lot of thing for us to do if we want to earn bitcoin and to make profit out of bitcoin. If you want to have a good investment in bitcoin the first thing you need to do is do deal first with the system of bitcoin in transaction specially on buying and selling where you could actually do trading at same way you doing investments and having a signature campaign to earn bitcoin because this is the best way for you to make a profit out of your bitcoin. |
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I do have experiences in trading but I don't consider myself a pro. I would love to hear from you soon once your tool was tested. It will really be a game changer to have a useful tool in trading. And I think based on what you said about your tool it will be a lot of help for traders. Will be checking this thread from time to time. Cheers!
We can all classified ourselves as a experience trader if we actually try on trading Bitcoin and other crypto-currency on a specific trading sites or in the market. Because to me if want to learn more about Bitcoin I believe that we need to learn from our experience and to achieve the full length knowledge about Bitcoin trading we should need to try to take the risk and formally start on the basic principle of trading such as buying when it is low and selling when it is going so we could adopt on the changes and development of the value or a specific crypto-currency on the market. |
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Bitcoin, for now, is not suitable to become a national currency of any country. Bitcoin's value is too volatile so a product or service will always change in price with respect to the price of Bitcoin. Also, a transaction fee is there with every transaction, this is not practical in using in a daily basis. It will be hard for the government to control the scenario. So if a country will make Bitcoin as its national currency then they have to regulate it first.
Bitcoin is more than a national currency because in all form of currency in every country we could actually used bitcoin on transaction just consider on the acceptance of bitcoin to a specific country. But if you are going to look at bitcoin as a form of universal currency that can be used in all country with all types of transactions. So the best thing to do is to support bitcoin as a form of transaction in a daily basis that may result on further development on bitcoin price, value, transaction and security. |
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If I know something is that you should never sell out of fear. Let's take for example the current situation with 1st august, everyone started selling because they thought there will be a chain split. The price reached almost 1800$ and then, BIP91 locked in and more news showing that SegWit will actually get activated soon, the price started increasing again at ~2800$.
Those who sold lost a lot of money (If they bought again) but that wouldn't happen If they only waited a little bit. If you are trading some pump and dump coins, the market could crash in a matter of seconds, instead, trade coins that worth it and you will definitely see results in the long term.
If you are in to trading you should know that there is always a risk in all types of trading investment. Because the changes is much more likely to happened. Hence we should think positively the way that it may Serve as a good reason for us to make the most out of our tradings to earn more and to have a bigger profit in the future. So support and always take the risk because in order for us to achieve something we should always try and try. |
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bitcoin has many use for real life.
im use it for settling my debt and bill. use it one gambling sometime but not often. tend to lose. just be patient on gambling cause it can make you zero again. sometimes when i have no money. i cash it out turn it to our country money and go shopping. but not always as i need it more in exchanges. using to buy more alts coins that i confident to grow up and rises in a matter of time. bitcoin is a need for my life currently to make my life more freedom. im hope i can get hold more bitcoin and more.
Absolutely! Bitcoin most known digital cryptocurrency, since beginning dominated everywhere that's why most populated currency till now. Every sector becomes forced to use this payment method as huge affection. It is true that Bitcoin can be a source of income or money to everyone who used it because it can provide people a opportunity to earn in the form of signature campaign, trading or investments. And as we continue to support Bitcoin in a mode of daily transaction the development will continue to uprise the technology brought by the inevitable changes. But in necessary I personally used Bitcoin on trading or investing so I could make profit out my Bitcoin and earn more for the future purposes where I can simply cash out or convert it on a wallet. |
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Hi, new to bitcoin, I invested some money into bitcoin mid June after seeing all the hype online, since investing it's dropped like 20% really not sure what to do now if I should sell up now take a 20% loss or hang onto it and hopefully it will go up again? But after reading the news looks like it's not going to go back up?
Sorry for sounding stupid just jumped into something I didn't no anything about.
Thanks
No that's not the way it will be done. You need to trust the bitcoins, they will rise up I'm sure of it. Don't sell it yet will a 20% loss thats a big money you will lose. Wait for it, just hold it for a long time. It will rise again for sure. The point is if you really want to earn and to make profit on the first place you should consider doing trading as a part of your investment. And you can only do this if you are full aware on the system of Bitcoin and the possible risks you could experience out of Bitcoin. And the decision you would consider to do is also depends on how you are going to manage your coin and what coin you are holding because the development of the coin is also vital for your possible profits. |
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