Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?
Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.
Relying completely on Bitcoin isn't a good idea. It is pretty stupid to quit your job and go full out with BTC. Unless you are such a fanatic, I wouldn't recommend or do it at all.  if we can make money is greater than our real job, why not? work each person is different, many of those who earn slightly too sometimes they work too hard. but if in bitcoin all very comfortable, and do not forget to have a good strategy. That is no different in your company going bankrupt. You just have to move on and find a new job. Having a day job does not mean your secure fo life, it just means stable income until you still have that job. The same with bitcoin. The key is to prepare for that day. Have savings for emergency purposes. Bitcoin will surely give you higher earnings then your job at a moment, but what about the future?? What will you do if bitcoin will disappear or its value falls extremely. |
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yes, i started to buy and collect btc last month when the price is still at 420$ . now im gonna wait for the halving the bitcoin price increase before i sell my bitcoins to have higher profit.
Good for you, you entered in a good price. Right now it is ranging 460, so you are already profit. That will be more profit when halving comes. It may go pass 500, very good investment. And it is just for a few months. Unlike other investment which takes years before you can make profit. |
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No I do not think it will used by everyone because there will still be other big currency's like the dollar that will be used more than the dollar.
This is not only the rule for the dollar but also for the euro, the bitcoin will maybe used a lot more but still not by everyone, from that we are still far away.
Yes, the supporter of dollar which is I think only USA will not leave dollar for their international use in order to give strength to their currency, the same will do Europeans, they are now in the struggle to make their currency No.1 , so they will not leave it for bitcoin easily. They do not have to give up the dollar or any currency. Bitcoin can be used an alternative payment scheme and that is enough. As long as everybody knows and uses bitcoin, it is good. We can treat bitcoin as ankther currency and it does not need to shutdown other currencies. |
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I have Bitcoin because it helps me saving my money and not spend it because you can't really spend Bitcoins at stores. And I can make some money with it to.
Nice strategy saving money. Since bitcoin can only be spent on limited stores, you are tempted less to spend your money. I just hope you are not tempted to convert it to fiat. Then all is.defeated. |
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Put it in a vault in your house or in a sock, in whatever form if must in your economically situation. Just don't put it in the bank. Because once you do, it is not your money anymore. It belongs to the bank.
Who gives you a petty allowance every month for them to trade it on the stock exchange making their holders more money on your money.
Putting it in a sock or vault would not do you any good.either. at least in a bank it can earn interest though very small. And you can withdraw it anytime. But the best way is to save into investments. Good investments can double your money in a few years. |
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The best way to manage your money is don't spend on useless things or you lavish wants. You have to know how to save in the future, divide you savings into emergency funds, for leisure, and investment. In investment I can recommend you to buy bitcoin now as the price is probably appreciate its value in the future.
A simple method but seems to be the hardest to follow. Maybe most of us are guilty in this. And often we justify this by making alibi that what we buy is important. Though in reality it is not. |
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I think $600 can be achievable by the end of the year and I don't think that price will go above that and bitcoin to reach to $1k will certainly take some more time.
I also do not believe that the price will be $ 1k at the end of the year, but I guess the price of $ 600 is also too little. I hope by the end of 2016, bitcoin prices above $ 600 Yeah I think it will keep on playing with our patience in next couple of months, but one thing is sure that we will see best price of bitcoin in this year. Everything is possible with bitcoin. But a better price increase is a constant and steady increase. I don't want to see a sudden price hike that will also suddenly drop. A steady hike to 1000 is better, even if it reach there next year, as long as it stays there when it got there. |
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Send them video tutorial. Do that to me and I might ignore it. There are people who send videos that have some virus in it. Better to be there with him or her physically then teach him personally on how it is. Show the video yourself and explain some. Right, people are now wiser. We do not just click links on emails. Most of those links have malwares attached that could compromise your unit. It is better if you could talk to the person or teach him personally. So that all questions could be answered immediately. I think this is a better approach. |
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I think holding at a moment can be good as halving is coming in next few months, and it is speculation that price will be higher at the time of halving so thinking to hold for some more time.
But you'll need to be fast enough to sell your bitcoin to get the benefits of the halving. If you are slow, the price will return to normal since people already sold their bitcoin aswell. I hope this will not happen. I hope, when the price rise in halving, it will stay there. It will be more profitable to us, normal users. And I hope we are wise enough to not dump all our coins when the price rise. It will be hard to pick the price again if it goes back down. |
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The future of paper money is as promising as it has been till date as the users of paper money are huge and they will continue to use it even bitcoin gets on mainstream.
For that bitcoin should get accept worldwide as payment gateway, Paper money is now largely used. And that will not change later. I also know that Bitcoin will be more used now in the future. But many people need also their paper money, because some people dont even know what Bitcoin do, so first we must promote Bitcoin. Of course we need to promote bitcoin and make more people adopt to using bitcoins. We also need to promote it to businesses as an alternative payment schemes. More people using bitcoin, the better. Time will come when we can use bitcoin as easily as we use fiat now. |
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PayPal should simply allow you to fund your account with bitcoin. Just like they do with dollars, euros etc.
I thought it was a great idea paypal add their deposit method. not only from credit cards but of bitcoin. of course it can add users to their own paypal That would be a good move. This will give bitcoin more exposure to those who are not using bitcoin yet. If that is only possible. But I do not think paypal will allow anonymous funding. It will require ids, so no good. |
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I'm also not spending a lot of bitcoins these days because I'm very sure that the bitcoin is going to a high amount so spending right now is just not smart at all in my opinion.
Transactions will keep the price steady. It is good to spend bitcoins too. Holding some and spending some is a good approach too. If we all hold the bitcoins and transaction volumes drop, bitcoin price may drop too. |
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Spending a little money with bitcoin can do a lot of things but it is up to him if he really wants to buy bitcoin or not, but it could really help a lot if he buys bitcoin because it can really saves him a lot of money.
Buying at a moment is the best thing to do, price is still good and affordable to buy and halving is on the way which will take bitcoin to much higher level. Yeah, bitcoin price is still very low today and a good opportunity to buy either for investment or trading. We are all waiting for halving and the price increase it promise. We should buy all the bitcoins as we can before halving happens. |
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i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
Bitcoin acceptance is about daily use, dealing with your coins in the same way as you use FIAT in your life, forget about speculative part of bitcoin and advanced applications, mining etc. If reputable company accepts bitcoin payment you don't have to worry about being scammed. Of course, if reputable companies adopt bitcoin, bitcoin will become stronger and the price will go higher. There is no doubt about it. I will be popular and there is no stopping people from using it anymore. It will be treated as how they treat fiat. It will be used in daily expenses. |
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I will never quit my job for bitcoin I will continue to keep on earning with bitcoin as an extra income as this earnings will help me at the time of emergencies.
Of course, me too I won't replace my regular daily job for bitcoins and I'm just treating bitcoin just an extra income also. And I find it hard to earn with bitcoin this time because I'm too busy with my job. If you are more comfortable with your day job, then it is good. If you are not happy with your day job, bitcoin offers an alternative. It can offer a good income if you focus on it. Others are making good income with it, you can do it too. |
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If you save the money, it will kept save and its value will remain safe. But if you invest it, it can grow and in a long term investment is better although some risk is still involved in Investment.
Saving is good instead of investment, but investment is also useful way, if you comparison both of it, than i suggest you, you should save your bitcoins, because save the bitcoin it is also a kind of investment. Investment is better because it can make your money grow. But you should not leave savings. Saving is important too. It can be use as an emergency fund. Just save money for emergency, and the rest for investment. |
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If internet really go down , the scene will like the movie “ Transcendence " in the end..
Of course bitcoin will go down too, i mean completely disappear...
If it goes down, every one will go nuts. Can't you see how reliant are we with internet. Almost everything is done through internet now a days. It is not only bitcoin that will be effected, but everything else. |
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If internet really go down , the scene will like the movie “ Transcendence " in the end..
Of course bitcoin will go down too, i mean completely disappear...
If it goes down, every one will go nuts. Can't you see how reliant are we with internet. Almost everything is done through internet now a days. It is not only bitcoin that will be effected, but everything else. |
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This is the best time to put your real money in bitoins
Bitcoin is really trusted are many companies are now taking bitcoin as part of their payment soon all shop foodchain will adapt this kind of payment system. That's right, already Bitcoin is growing up daily as known and noticed by everyone, and with time the most marketplaces and ewallets online will use and support it surely . Yeah it is good to invest your real money in bitcoin now as of halving the price is expected to go to greater levels and if you have more coins at that moment you can earn heavy profits. Because of halving, everyone wants to invest in bitcoin because we think the price will go high up when it comes. Hopefully, halving don't disappoint us and leave us with nothing when it comes. Me, I prefer a steady increase in price. It is better than a sudden push up. |
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Nothing is permanent, change is constant. So the upward and downward movements of bitcoins price is a natural process. Likely, it is beautiful to see that its value is increasing but don't expext too much. It will not double instantly maybe just slowly. You better watch out always and make the right move.
A sudden jolt in price is good for the traders. They can earn a lot of they caugh it right. But for us, a steady pace upwards is a good movement. As long as it stay up when it goes up, it is good. |
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