I'm not interested with miner bitcoin due i don't know how to run mining hardware because I was still new to bitcoin so I chose to do the trade.
Me too, I have no idea how to start the mining business although I have the advantage since I know how to hack our electricity at home. But what I know is it needs a lot of money to start your mining business as you need to buy mining rigs that costs a lot of money. On the other hand, my advise to people who are into mining are don't be so aggressive in selling your coins as it is better to hold your coins in the future and wait for the big price increase. |
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I don't know how you can live off bitcoin alone.For the time being having a bank account is a necessity.
For example,where I work you have to have your paycheck deposited directly into a bank account.
Maybe in the future, employers will offer us to get paid in bitcoin, whether it be the full amount or just a certain percentage, to our discretion.
in fact some company using bitcoin as his salary too, of course the amount of bitcoin is depending about his "real salary and the bitcoin price" , but we still need bank for withdrwa our bitcoin, because today is very hard to found bitcoin ATM. It is true but if everyone start to accept bitcoin and when we will be able to do shopping with bitcoin then I think we do not need to withdraw our money from bank as fiat, we will be satisfied with bitcoin alone. Banks will be useless and people will be losing their jobs, bitcoin will gives us the comfort to transact anytime of the day and world would be a better place to live as a lot of savings will be generated by individual due to cheap or free transaction cost. |
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I personally would not quit a stable full time job to go into bitcoin. I just don't have the courage too.  But I know many of people who would if they had enough banked that is.  Well that is what I'm going to do to I will not going to quit my full time job if I'm already stable with it and I will not going to waste that opportunity because here in my country it is very hard to find a real stable and full time job. And I'm going to treat bitcoin as another source of income and going to treat it as a part time job or depending if I still manage my time properly then I will going to work full time both. That's a good decision as our job provides as a stable income and I do not see working here online gives more success than in real life job. Only those entrepreneur are rich in this venture like the traders and the investors. I would only quit when I see I have a good potential to earn more money than my present job, I know in my job I have a limitation so I would not be rich if I will focus on my job, right now I have a side job with bitcoin but I am planning to go full time with it once I know how to earn consistently. |
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Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
No....I wouldn't invest in bitcoin. You could use it it to enter markets that are normally unattainable in your jurisdiction, but I wouldn't use it as an investment opportunity....you could lose your money in an instant because the environment is not safe and is full of "sheep in wolves' clothing." I agree with you that in bitcoin industry it is really risky at all but why are you here if you are not believing bitcoins. For sure you do believe bitcoin as per you are earning here but you don't want to invest. But if you are not going to take a risk in investing then you are not going to grow your money on it and that is really going to be needed. Every system starts with a big risk because it has not gain much confident for the public. Bitcoin is risky but it is rewarding, when we can earn in the short period of time how much more if we invest in the long term, the more we hod bitcoin the more it is valuable. |
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Crypto and fiat have their own purpose and therefore crypto cant replace fiat and vice versa. Todays we can use crypto as payment method for online or offline activities, but crypto still has a lack especially bitcoin, due to the confirmation time.
Actually I have no problem with the confirmation in using bitcoin because I see it fast, and what matters to me is not really the confirmation but the amount of service fee I can save in using bitcoin in transaction. I am thankful I discover bitcoin and now I share it with my family to attract them to also use it. |
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Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account? What permissions they need , to freeze all my money ?
Its not safe to put all your assets into bitcoins. As we see the attacks of the hackers is happening very often. In terms on permission, i think its depends on you law at your area. Here.in my country, if your involve into crime such as graft and corruption or anything else thet involves money they will freeze all your money. But i think bitcoin cannot be freeze because its decentralize and not handled by banks or any third party. In generate bitcoin is safe and the only problem is the exchange sites who were not able to properly secure their clients, but that risk can be minimize but doing good measure like not putting all your money online particularly in exchange sites. That's true, exchange sites are prone to hacking and we have already witness that so we need to take the necessary measure to protect our bitcoins, by storing it in our offline wallet will make it safe and will give us the chance to continue trading and appreciate bitcoin. |
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This guy have an amazing run so far, I will be waiting for his bet for the day and I am willing to tail for the money. I believe that Allah whispered you something that will also help other people become rich, thanks for not being greedy and sharing is caring.
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Yes ofc, I'm betting just for fun. I'm not living on money from gambling.
i think all the people are just playing gambling for making money and those people who are saying that they just paly gambling for fun are just pretending because there is only fun in gambling when you are getting money, otherwise gambling is too boring with money. I am not quite convince that all the people will gamble for money, some of us gamblers are here to have fun only. Maybe majority of them wants money but not all. Well if you understand probability then its common sense that its not wise to depend on gambling to make a profit since the odds have to be against you. That's why it is better to play gambling for fun rather than being profit oriented because of the low chances to succeed. It has been already noted ever since that gambling sites has the advantage against us but we keep on playing and just forget our loses, I would say with that action we are happy in gambling. |
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That people who said bitcoin is dead, maybe because their bitcoins get scammed by hacker. For me, bitcoin is not dead and i'm sure bitcoin has a good future and a good price.
it is reasonable enough to say bitcoin is dead everytime its crashed , a lot of factors support the issues strats from too many scam attempt , like an exchange stolen users funds , and they use the coin to dump the price , once it hapened bad things spread to the world , and a lot of investor pulling out their invested money in bitcoin then the end is near. Let them think that bitcoin is dead as that is how they see it, that is for the people who are close minded and does not willing to adopt with the new changes, bitcoin has been dominant and although it has fall sometimes but what matters is it is progressive now. |
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I believe the future of BTC is not being used as a everyday payment system and not just a minor mini-transaction system, but it going going to become a big reserve of value I think. I think it would be Similar to what gold is today.
I think the first intentions bitcoin is made for becoming the minor transaction system because in a real we 've already had a fiat become a major transaction system, but you're true will like gold because bitcoin having usefulness like gold can become your investment. Bitcoin is the answer of the expensive transaction fee and low transaction, with bitcoin in a matter of seconds we can connect with the transacting person and that is the best benefits for a coin that is invented. Although it will not beat the fiat but its usefulness will give more benefits for the people especially its users. |
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I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.
So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
Good question. I play gambling sometimes and i don't play to have profit but this is my advice, If you have a strong feeling that your bet is going to win, then bet a high amount. but if you feel that the luck is not on your side, just pass the round. but if you are winning a plenty of money, you better stop and don't wait that you'll gonna lose it all again. It is different to me dude, because if I feel a certain team will win in sports betting I do bet a huge amount but the result does not favor me most of the time, so to be smart I sacrifice my happiness for the sake of money and I am very successful doing this which is fading myself. |
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If I were rich I would certainly do something more lucrative as an investment. Because it would supplement my income properly. Although I gamble it is just to have fun and my entertainment.
That should be the way to gamble when you are rich, we focus on the fun and not on the money. Anyway, there is no sense in gambling when you are focusing on money when you are already rich, as long as there is a discipline rich people will enjoy gambling more. I agree, if you are already rich then you won't matter losing anymore when gambling. You will just do it for your own pleasure without thinking how much you will lose. It doesn't matter to you if you win or not. Your only goal is to gamble in your heart's desire until you are tired doing it. but if I can get rich from gamble then I will not gamble anymore, I will make my offline business and make investment on gold. but I think there just in my dream  i think winning in gambling make people more greedy, and compel you to continue gambling for making more and more money, so i think it is very difficult for a person to stop gambling after become rich. It's a different story for the rich because if we say rich then that is already given that they have a lot of money. A lot of money to lose to enjoy gambling and I think they will not be after anymore of the money, they will surely gambling for fun and nothing more or less. |
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I don't and think only a few minority actually make a living with bitcoin, mostly people running exchanges and those operating gambling sites since these are the biggest investments with btcoin.. probably not more than hundreds.
In the other case is living with bitcoin is very profitable to try. Because it have fluctuations relative profitable too. When someone decided to make a living with bitcoin it can be nice or even except. But i know someone who make a living with bitcoin by trading bitcoin as well. He have so big capital and it can give they much money enough even more to complete his family necessities. It is possible to make a good money trading with bitcoin as it has more volume and it fluctuates hard at a given day, day traders are making a good money having a good capital as they can take advantage even with a little fluctuation, a certain percentage for a day is already a good profit. |
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I think it is a cool idea but if they want people to use them more often the fees must be lowered,if i recall correct there is only one Bitcoin ATM in my city and not very far from where my home is but i never used it cause it doesn't give you the option to sell BTC and i am not interested in buying from an ATM.
That's not a good service, in order for a ATM to successfully work, it should also allow us to buy bitcoins like some Bank ATMs which allows its client to withdraw and deposit, I think they will innovate and improve their system once there are many people who are in demand of using the ATM. |
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in 2012 i make a big amount from gambling,
but im very easy to break with gambling, easy to get addicted.
so i took 80% of the money by my side and gamble with the rest of 20%.
it was faster gone that i predicted, but i live since 2012 very nice of my wins from gambling there.
but i will never gamble big amounts again.
Yes its not possible for any one in the world to become rich from a poor in gambling.He may win some big money if he is very lucky like you but it will not last long and you gonna loose that again. I have heard rich people become poor in gambling because of gambling addiction but never saw any poor person become rich after gambling. But, but the guy you quoted is saying the opposite. He's saying he's still living from his winnings of 2012 from which he lost only 20%. I think that's a rare exception to the rule - you can't be rich from gambling. There are some who got rich in gambling and I have to believe that as there are people who are smarter than us, but for ordinary people like us it's hard to be rich in gambling and we can proved that as we have tried many times as every time we try we fail. That is true, but the percentage of someone wealthy in gambling is much smaller. because gambling is a job or a very wonderful game difficult. so many gamblers who fall and ended up getting addicted and also they are very greedy of all the treasures that he had. The failure of the in gambling better than the advantage, because when we lose then we think that gambling is very bad and if indeed he was aware then instantly he will stop gambling Well, that's how gambling works because as gamblers most of us are in the losing side which makes the gambling industry more profitable, we could be rich but not the long run as our big chances is to win in lottery then we will quit gambling completely. |
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iam choose both, gold is longterm investment because value posistion gold is equal dollar
in fast growth money iam choose bitcoin
bitcoin is a long term investment either and it can make you some really good money in my opinion agree with you, bitcoin is long term investment, maybe after 10years we will know the real rate of bitcoin, im sure in future the price of bitcoin can be $1000 again so better we keep our bitcoin at bitcoin paper wallet for future reference. for long-term gold may be safer, because it is definitely. while bitcoin has an uncertain future. so all this is just the confidence and trust someone to bitcoin. so I think bitcoin grow better than you buy many bitcoin for the future. but the long-term investment in bitcoin could also be more profitable when the price was rising very high. so do both quite well. For me, it depends on the amount of money you have right now, if you have a decent amount of money you choose gold because that is too expensive investment but it guarantees you profit as back by the history of profitability but if you only have a little amount and you are a risk taker bitcoin is good for you. |
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Hello! Wakeup! Bitcoin is real. You will not see us doing these things without gaining something. Do your own research and see for yourself who and how many became successful because of bitcoins. How many become financially secured because of investing with bitcoins.
You should buy now and do not think twice as bitcoin is real. It is the better time now to invest while the price is still low.
Better? You mean best! It is the best time now to invest while its price is still low. You would be surprise that after a few days its price would be higher and higher. And yes, we will not do these things if bitcoin is not real. Why would we waste our precious time if bitcoin have not given any benefits to us. I do not think he need a research just look on how many members this organization have. Bitcoin is real because we can use it to buy stuff, pay things online and even earn profit from it. It is true because it has value, you don't have any choice but to believe in bitcoin if you are to dwell in cryptocurrency. Aside from that, the number of people who are doing everything they can to earn or have portion of it. Yeah, and also you can use your bitcoins for gambling too. I am a gambler and bitcoins really help me to when i want gambling. gambling is the worst decision you can do, i try to avoid it at all costs in order not to lose all the bitcoins i save up Well it is not going to do good in your life don't do it if you don't want your bitcoins to grow. Even you are going to be confident with your luck. Still the scheme of gambling sites are just always on the favor of the house edge because it is a business. It is better if you are going to choose trading, that's why believe in bitcoin but not with gambling. Trading is always better than gambling as least for the majority of the people who are engage into online job, gambling has a lesser chance to win and you will not grow the more you stay while trading will give you a healthy stay which you can use to succeed. |
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It will always be a good idea to have bitcoin and it will be worth a lot, but it shouldn't take over.
bitcoin is definitely great and it should take over our whole financial system, that would give us really huge money to be honest That's too selfish bro, to be hones I also like to make money but it cannot take over our financial system as it is dangerous to use. Bitcoin is not govern by the rules of the government and when a certain system (bitcoin) has no rules to be followed during the meltdown comes with a great chaos so it is very risky it we will only rely in bitcoin. This is good as an alternative currency but not the mainstream currency. |
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People who hate bitcoin are crazy people.
That is not the reason why they are hating bitcoin.. and i think they are just luck of knowledge about bitcoin thats why they are hating and ignore the uses of bitcoin.. but if bitcoin will be more popular and more countries and stores are accepting bitcoin they will change their mind. People don't hate bitcoin, but the gorvernment officials hate bitcoin, especially Chinese officials, they defamed bitcoin is a ponzi scam, how retarded they are. Not all governments actually hate them. Some governments actually love them since it's a new way for them or something else to put tax on. Some governments however recognizes bitcoins as currency in itself and some just don't care. Yep, communism countries hate bitcoins, like Chinese, Vietnamese governments hate bitcoin and ban them. But they are incompetent to ban them. Chinese are using bitcoin and they are big investors that holds a good volume of bitcoin so I do not think they will bitcoin, there is really no country that hates bitcoin as they cannot dictate its people to appreciate the benefits of using bitcoin. |
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It is better still to wager a small amount of money although we lose but still enjoy the game. That's what matters in gambling to last in the long run, we need to enjoy all the time and treat losing as your expense to be entertain, pretty simple to understand if you are not desperate to earn money in gambling.
I agree with this, for those who are not addicted in gambling they can make gambling as their past time, if they lose then that's okay because they pay for the entertainment that they wanted, and it is also good when you win the jackpot unexpectedly, so you can also treat yourself in some other things. Like go to the cafe or restaurant.  That is why it is better if you are going to be on the balance position and you are going to be on the neutral and you are going to make gambling as your past time for sure it is not going to fix your life nor you are going to wreck your life. But if you are not able to control your emotion and you are going to be on rage then for sure you are just going to wreck your own life with it. The bottom line is gambling wreck the life of the irresponsible gambler while it may fix the life of the responsible gambler. We are in the responsible group if we know hot to control our self in gambling and we can limit our loses while maximizing the entertainment we get. |
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