Well, every time it goes down is a good time to get in. Still, if I'm going to invest a substantial amount of money in it, I'd probably wait for a few more months. The technical bits don't make sense to me since I'm just in for the money but it appears there still seem to be unresolved issues about the block size. I read in the news that whether it would be increased or not would be on November. If I am convinced that I'd invest in this no matter what, I'd probably wait till then to see if there would be a larger price decrease.

You can think again, Does bitcoin replaced by another cryptocurrency. Maybe you already know the answer.  One main reason bitcoin is a mother of another cryptocurrency it's difficult to replace it for now . but nothing is impossible.

>mining
>making a lot of Bitcoin
oh boy son

If anything, in order to encourage better spending habits, they should have been required to save some money for toys they wanted to buy as a kid instead of buying everything for them. I don't know if this is something that was tried on them but it worked on me growing up. Bitcoin is just another means of wealth and it doesn't really encourage saving that much for most people who maintain their own finances, in whatever way that may be.

the coin or bitcoin is not a physical thing like fiat to transfer from one place to another.
a bitcoin wallet is a place to keep they keys. these keys are used to spend bitcoin, bitcoin which exists in form of transaction outputs stored on the blockchain and blockchain is held by every person around the world who is running a full node client.

so in short you keep the keys on Ledger or paper wallet, etc and then use that key for spending which is known as creating a transaction and signing it.

(i hope i didn't make it more confusing)

Of course it is a very good approach, wouldn't you invest and get into the hype of investing bitcoin if you sees the price to keep on moving? And investing on bitcoin is a very easy thing. You'll just buy some and wait the price to move higher.


Many transactions can be possibly made through bitcoin payment and that will make the remittance of money innovated.

Totally agree with this, just imagine if bitcoin spread out through out the world. People would panic and would want to learn how to earn BTC, the competition on earning bitcoin would be too high. The tendency is, earning through bitcoin would be lesser.

I also did it some time ago where I showed two of my classmates my bitcoin wallet then the amount inside it as well as its price in my local currency and as usual they get curious too and asked how is it considered as a money or how it can used to buy some stuffs and how can I convert it into cash . I explained to them how can bitcoin works and how it can be used as a medium of exchange or payment, why it has a value and lastly how am I earning it .

To invest, you have to buy some bitcoin. First, register to an exchange that allows your country, deposit some money, and buy bitcoinS. Or you can also rent your signature and get paid in bitcoin. Sign up in a signature campaign in the service section, wear their signature and they will pay you bitcoin with every quality post you make. Or read threads in alt section and see how to earn altcoins through bounties. Just by reading here in the forum you can learn a lot on how to earn or invest in bitcoin and other crypto.

Curious lang po ako guys kung ano ano po ba ang advantage ng bitcoin hindi lang po sa ating buhay kundi sa ekonomiya if ever. Please share naman po kung ano yong magandang naidulot sa inyu ng bitcoin para makadagdag inspiration para po sa aming mga baguhan dito, Maraming salamat po sa mga sasagot.

It depends on where you are located. Saving your money in your bank is an easy option but not very lucrative.

In fact, I have read an article about banks who are going to charge negative interest rate on your savings account. Which is ridiculous of course.

I would choose for spreaded investments. Leave 70% of your money in your bank, and invest 15% in Bitcoin and the other 15% in something like a Bitcoin startup.

Just look at the past few days. The price of the bitcoin went down half a thousand in like a day. The thing that you must know when you get involved with bitcoins is that everything is possible and the price might go as low as back to 300 dollars in a few days easily if the massive dump starts. The price is fluctuating all the time.

I remember the day when mtgox scam happened, that was terrible. All people suddenly understood that they might lose all their savings on the exchange so they started selling it massively. Other people who saw that the price is going down started fomoing and selling it as well in order to take as small loss as possible.

To be honest at the moment, ethereum seems to be way better investment option short term. A lot of people are jumping in order to make as much profit out of it as possible, so I wouldn't be surprised if the price started going up again. Bitcoin is becoming weaker and weaker with time as eth market cap is going up.

I am using a wallet, an exchanger bitcoin wallet named Coins. There is a panel there where you can cash out your bitcoins into fiats. They offer a wide variety to send and accept your money, either banks, cash pick ups and others.

Why should you be lucky first? Everything in life takes skill. If someone relies on luck even if they win then it will not be as beneficial as someone who earns with hard work.

Of course investing in bitcoin got a risk, and we only can predict the price we cant know for sure how will be bitcoin in the future, and the price can go down like last month, bitcoin price can down if there is a big incident, and judging from the chart and the growth bitcoin can be very profitable for the future, just buy and hold few coin see for yourself whether you satisfied with then growth or not, and everytime is the right time to buy because the demand of this coin keep on increasing

For other people Maybe scamming  is the only way to get bitcoins in times you need bitcoin in fast way. I dont think someone will give you if your begging for it.

I guess no one control the increasing and decreasing of bitcoin price, so no one can predict it. Maybe we just need to be updated on every news about things that may affect cryptocurrencies prices, because for me a certain action done by a person or a group can affect bitcoin price if their actions are related to the digital currencies world.

Nope, he is not. According to Satoshi Nakamoto, he created bitcoin to eliminate the trust of the banks' ecosystems. If bitcoin is being used for literally anything, then it became successfully an adopted and acceptable currency. Those who would object to bitcoin being used for illicit activities should do the same with Fiat – it is used for anything including — but not limited to — those you have mentioned.

Oo ipagpatuloy ko pa rin alam ko na tataas naman ang bitcoin ganyan talaga ang bitcoin minsan mag dump at minsan biglang magpump up and down lang yan ang bitcoin kaya ngayon masarap bumili ng bitcoin tataas ito kaya magkakaprofit ka niyan.

There are no banks who accept bitcoin, but with the majority of banks you can withdraw money to an exchange and buy bitcoin.
I use kraken and when i want to buy bitcoins i just iniatiate a SEPA transfer and voila i can buy bitcoin.

You see this signature down my post? I believe some people live off it. As for me I'll be contented if it pays for my internet bill so I have one less thing to worry about. Don't take my word for it though. Even if you spend an entire day here you probably wouldn't really earn your salary's worth in bitcoins (unless the exchange rate in your country is really high). Still, try to join one. At least we're getting paid as we learn, how ever small it maybe.

Probably one of the surest way to earn bitcoin is to offer services or goods in exchange. May I know what country you are in? You mentioned you work in a factory but you seem computer-literate, have you considered doing tasks online? Not faucets though, they pay measly satoshis. If you are living in a country with lots of people using bitcoins you can also probably do stuff for them and get BTC in return. Looks like working a regular job but at least what you're paid in increases in value.


Did you mean PhP? You got that only from signature campaigns? I just got 800 last month, internet bill is 1,800, haha! Maybe I'm doing something wrong?